CONTRACTAPPROVED

Seminole County Port Authority Awards Facilities Contract to Riverbend Marina & Storage LLC (October 2025)

Seminole County Port Authority
Approved
Oct 15, 2025

The 30-second brief

What it covers

The Seminole County Port Authority approved the assignment of the marina and dock warehouse leases to Riverbend Marina and Storage, LLC under a 60-year term with five-year renewals and enhanced safety, insurance, and operational conditions. The deal includes a rent deferral agreement, a strict dock replacement schedule, and personal guarantees from the new owners.

Who holds it

Riverbend Marina & Storage LLC holds this facilities contract with Seminole County Port Authority.

What happens next

Term as filed: 60-year lease term with five-year renewals and structured rent escalations.

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Contract details

Contract type
Facilities
Document date
October 15, 2025
Term
60-year lease term with five-year renewals and structured rent escalations
Vendor
Riverbend Marina & Storage LLC
Source document
Seminole County Port Authority Minutes of the Regular Board Meeting 2025-10-15 (Minutes)

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Questions about this contract

Who was awarded the facilities contract by Seminole County Port Authority?

Riverbend Marina & Storage LLC was awarded this facilities contract by Seminole County Port Authority, as recorded on October 15, 2025.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Seminole County Port Authority Minutes of the Regular Board Meeting 2025-10-15 (Minutes), dated October 15, 2025 from Seminole County Port Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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