FACILITIESAPPROVED

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

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.

Status
APPROVED
Document date
October 15, 2025
Contract type
FACILITIES
Vendor
Riverbend Marina & Storage Llc
Agency
Seminole County Port Authority · FL

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract type
FACILITIES
Contract term
60-year lease term with five-year renewals and structured rent escalations
Renewal
Lease structured as a 60-year term with five-year renewals, including a 10% rent increase in year six, subsequent scheduled increases, and rent resets at years 20 and 40, plus rent deferral terms through November 30, 2030 subject to repayment triggers.
Document type
Minutes
Source document
Seminole County Port Authority Minutes of the Regular Board Meeting 2025-10-15

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

What other contracts does Riverbend Marina & Storage Llc hold?

Riverbend Marina & Storage Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Riverbend Marina & Storage Llc's profile

What is Seminole County Port Authority currently buying?

Explore Seminole County Port Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Seminole County Port Authority's profile

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