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SEMINOLE (PINELLAS COUNTY) · LOCALlocal legislationPassed
Passed

Approval of Wilshire Plaza Lease Extension

Original title: Approve and authorize the Chairman to execute the Second Amendment to Wilshire Plaza, Phase II Lease which extends the lease for a term of three (3) years through September 30, 2028. The annual rent will increase by $5,250, bringing the total annual rent to $48,000. District4 - Lockhart (Stephen Koontz, Resource Management Deputy Director)

Record date · July 22, 2025

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What This Bill Does

The Board of County Commissioners has approved a three-year extension for the Wilshire Plaza, Phase II lease. This amendment increases the annual rent for the property to $48,000.

Why it matters

The county will pay an additional $5,250 in annual rent for the Wilshire Plaza facility through September 30, 2028.

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

County Taxpayers

Taxpayer funds are used to cover the $48,000 annual rent obligation.

Directly affected

Wilshire Plaza Property Owners

The property owners receive a lease extension and a $5,250 annual rent increase.

Key Facts

  • The Board of County Commissioners approved the Second Amendment to the Wilshire Plaza, Phase II lease.
  • The lease term is extended by three years.
  • The new lease expiration date is September 30, 2028.
  • The annual rent will increase by $5,250.
Show all 8 facts
  • The new total annual rent is $48,000.
  • The Chairman is authorized to execute the amendment.
  • The item was processed as a Consent Item.
  • The item is associated with District 4 - Lockhart.

Frequently Asked Questions

When does the new lease agreement end?
The lease is extended through September 30, 2028.
How much will the county pay in rent annually under the new agreement?
The total annual rent will be $48,000.

What else do you want to know?

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Rent Increase Calculation

The lease amendment results in a $5,250 annual increase, bringing the total to $48,000, implying the previous rent was $42,750.

Wilshire Plaza, Phase II

Connected Entities

Wilshire Plaza, Phase II, Board of County Commissioners, Stephen Koontz
locationWilshire Plaza, Phase II“The property subject to the lease extension.”Map →
OrganizationBoard of County Commissioners“The governing body that approved the lease amendment.”Map →
PersonStephen Koontz“Resource Management Deputy Director who presented the item.”Map →

Sources

Open source document

webapi.legistar.com

Analysis Score

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  • Significance20
    How much this matters to a regular citizen
  • Controversy5
    Intensity of disagreement among stakeholders
  • Entertainment5
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  • Buzz10
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