FACILITIESRENEWED

City of Stuart AgendaPacket Regular Meeting of the Stuart City Commission 2025-11-24

City extends Flagler Center lease with Stuart Main Street

City of StuartSTUART MAIN STREET ASSOCIATION INCNovember 24, 2025

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Description

The City of Stuart approved Resolution 101-2025 renewing and amending its Absolute Triple Net Lease with Stuart Main Street Association, Inc. for the Flagler Center. The action extends the final renewal term through September 30, 2029 to align with the City’s fiscal year and other related Main Street agreements.

Contract Details

Vendor

STUART MAIN STREET ASSOCIATION INC

Agency

City of Stuart, FL

Contract Type

FACILITIES

Document Date

November 24, 2025

Contract Term

Second three-year additional term beginning January 1, 2026, extended by nine months to end on September 30, 2029

Renewal Date

2029-09-30

Renewal Info

Original lease term January 1, 2020–December 31, 2022 under Resolution 61-2019, with two additional three-year options. First renewal term runs January 1, 2023–December 31, 2025 under Resolution 106-2022. Second renewal term, previously January 1, 2026–December 31, 2028, is now extended to September 30, 2029 to align with the City’s fiscal year and other Stuart Main Street agreements.

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