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11/20/2018_SpecialCall
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11/20/2018_SpecialCall
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Last modified
1/25/2021 12:40:06 PM
Creation date
12/21/2018 2:52:09 PM
Metadata
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Meetings
Meeting Type
Special Hearing
Document Type
Agenda Packet
Meeting Date
11/20/2018
Meeting Body
Board of County Commissioners
Subject
Brightline; All Aboard Florida; Virgin Trains USA
Settlement agreement
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L, <br />REAL ESTATE LEASE <br />(Land, Inside ROW — Annual Term) <br />The Real Estate Lease (this "Lease") is made effective as of this _ day of , <br />201_, by and between FEC ROW LLC, a Florida limited liability company ("Lessor") and <br />[Name of Lessee], a [Type of Entity], whose business address is [Lessee's Address] ("Lessee"). <br />LA Leased Premises: Lessor hereby leases to Lessee and Lessee hereby leases from Lessor <br />under the terms and conditions set forth in this Lease, the following described property: <br />SEE EXHIBIT A <br />[Attached hereto and made a part hereof) <br />All as shown on Lessor's Drawing No [Insert Drawing #l, dated [Insert Drawing Datel, attached <br />hereto as Exhibit B, and made a part hereof, located within the Florida East Coast Railway, L.L.C. <br />right of way (the "ROW") (collectively with any buildings, facilities and improvements currently <br />or in the future located on the described property, the "Leased Premises"). <br />LB Railway and BRIGHTLINE are Third Party Beneficiaries <br />The parties hereto agree and acknowledge that (i) Lessor, formerly known as FDG Flagler <br />Station H LLC, which, in turn, was formerly known as FDG ROW Holdings LLC, and Florida <br />East Coast Railway, L.L.C., successor by merger to Florida East Coast Railway Company (the <br />"Railway") entered into that certain First Amended and Restated Grant of Easements (the <br />"Easement") as recorded in Book 46741 Page 177 in current Public Records of Broward County, <br />Florida, pursuant to which the Railway granted to Lessor certain rights with respect to the ROW, <br />including the right to enter into this Lease, and (ii) the terms and conditions of the Easement require <br />that the Railway and Brightline Trains LLC `BRIGHTLINE" (including its successors and <br />assignors) shall be third party beneficiaries of this Lease due to the Railway's and BRIGHTLINE's <br />continuing use of the ROW. Accordingly, by executing this Lease (with initials set forth below), <br />Lessee agrees to abide by the terms and conditions set forth herein (including, without limitation, <br />those terms and conditions that are for the benefit of the Railway and BRIGHTLINE) and that, in <br />addition to the rights and remedies granted Lessor herein, the terms and conditions set forth herein <br />shall be enforceable against Lessee by the Railway and BRIGHTLINE as third party beneficiaries. <br />Further, unless requested otherwise by Lessor and excluding payments hereunder, a copy of each <br />notice, request (including requests for consent) and/or delivery made by the Lessee hereunder to <br />Lessor shall be simultaneously delivered to the Railway at c/o General Counsel, Florida East Coast <br />Railway, L.L.C., 7411 Fullerton Street, Suite 300, Jacksonville, Florida 32256. <br />County: [ Insert County ] 1 File No.: [ Insert File No. ] <br />
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