Title:
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Rescinding Resolution 20-082; Authorizing a rent abatement for up to three months for all commercial tenants of the Key West Bight in good standing affected by the Covid-19 Emergency; reducing the base dockage rate paid by commercial water-based tenants by 50% through December 31, 2020; adjusting the monthly rent paid by commercial upland tenants to 6% of sales plus standard common area maintenance and utility charges through December 31, 2020; Providing that standard Common Area Maintenance (CAM) and utility fees shall not be waived; Authorizing the City Manager or designee to approve and execute addendums to lease or make account adjustments setting forth rent abatements and reductions; providing for an effective date.
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