Title
Amendment to Lease for the Lunch Box Café at Bethel Station (B)
Explanation
In December 2009, as a result of a competitive solicitation process, the City of Gainesville leased Bethel Station to Lono, Inc., a Florida corporation doing business as "The Lunch Box." The Lease names the principals/owners of Lono, Inc., Robyn T. Mole and Clea K. Lauriault, as the personal guarantors of the Lease. Ms. Mole and Ms. Lauriault are now selling Lono, Inc. to Tate Clair. Mr. Clair has over 20 years of experience in the restaurant industry, working in a variety of establishments both domestically and internationally. He has been a member of The Lunchbox Café operations since the business' inception, working with Ms. Lauriault and Ms. Mole to develop both the business' concept and menu. An assignment of the Lease is unnecessary, as the corporate entity Lono, Inc. will remain the Tenant, just under new ownership. However, Ms. Mole and Ms. Lauriault have requested the City consent to their release as personal guarantors under the Lease. An amendment to the Lease is necessary to accomplish the release and to substitute the new owner, Mr. Clair, as the sole personal guarantor of the Lease.
Fiscal Note
None at this time
Recommendation
City Manager to the City Commission: 1) approve amending the Lease to release Robyn T. Mole and Clea K. Lauriault as personal guarantors and to substitute Tate Clair as the personal guarantor for the Lease; and 2) authorize the City Manager to execute the Second Amendment to Lease, subject to approval by the City Attorney as to form and legality.