No. 1 Referendum Question
Extending and Amending the City’s Lease with Florida Hospital North Pinellas
Shall the City’s lease with Florida Hospital North Pinellas, which presently expires in 2040, be extended to 2070 with Hospital options for two renewal periods (the first for fifteen years, the second for ten years) extending to 2095 in exchange for a lump sum payment of $3,000,000.00 from the Hospital for the period between 2040 and 2070 and base rent of $300,000.00 per year from 2071 to 2095, and other amendments to the lease?
No. 2 Referendum Question
Sale of a Perpetual Exclusive Easement over City Property for a Telecommunications Tower
Shall the City sell to American Tower Corporation for the sum of $720,000.00 a perpetual exclusive easement over a 3,000 square foot portion of City-owned property at 1025 Gulf Road, which portion has been leased to American Tower Corporation since 2004 for purposes of maintaining and operating a communications tower and associated equipment?