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Resolution 04-07 approving leaseRgSOLUTION ~1j'Q, 04-07 A RESOLITI'70N OF CIE C11T'Y OF ATLANTIC BEACH, FY,ORIDA, APPROVING THE LEASE OF PARKING SPACE AG1i.E~TNIF~1T FOR T1HE L'SLAND CLUB CONDOMYNIU1vIS, AUTHORIZING T]tI,E CRTY MANAGIIt TO SIGN SAID LEASE, AND PROVIDING AN EFFEG'7'IVE DATE. WHF,ItF.A~S, the City of Atlantic Beach has debamined that owners of ~ oandonwuurn units located at Island Club Condominiums, which is ova 10` Street locxoed east of Beach Avenue, ar+e totally dependegt upon, public parking spaors on l0` Street for their residential parking needs, aril VYH>H3tT~AS, the City of Atlantic Beach has reached an agreeraaent with The Island Club Condominiums to lease certain of the public parking spaces can .10` Street immediately adjacent to the condominiums for uss by the owners of the condominiums for their r>sidential parking needs, and VVI~tF.AS, no bonds are being issued and rto public funds are being expended in oonnoction with the least of salad parking spaces to the condominium owners, and VV[~tEA-S, the parlciu5 spaces bciuog leased are on property owned by the City and, by virtue of flee City identifying m~oone than test (10) new public parlrirtg spaces elsewhere ua- the City for beach access, sand property is not ctuxetttly Headed for any municipal purposes. NOW 'TI~OkRE, BE R'I' RESOLVED: SECTION i. The City ot; Atlantic Beach does hereby agree to Iease cerfaiut public parking spaces on 10` Street east of Be~h Avenue m The Island Club Condominiuzn;s, in accordance with the terms and conditions as set forth in the Lease of puking Space Agreement, a copy of which is attached heR+cW, T~ Cary of Atlantic l3r~ach hereby approves said Lease of Pazldng Space Agreement. Additional conditions that shall apply to the lease of these public parking spaces are as follows: a) The teA (10) lease spaces on 10` Std shall be contiguous and located at the west end of the block, furdtest away from the ocean. b) All vehicles using the leased spaces shall be registered with the City. c) All signs and signage shall be uniform and shall be provided by the City. 5ECTTON 2. The City Manager is hereby authorized to swgtt on behalf of City of Atlantic Beach the Lease of Pazldng Space Agreemonts fox ~'he I~slattd Club Condominiums. SECTION 3. This resolution shall become effective immedsately upon it final passage acid adoption by ttxe City Commission. PASSED A~ ,A,l)()PI'ED by the City Commission of the City of Atlantic Beach this r3 trey ~ ~ mom, 2ooa. A' Jim Hon, Interim City Clerk coaectness: City C.