July 20, 2017 City Council Regular Meeting
Title
Motion to Approve First Amendment to Lease Agreement with Savannah Riverboat Company
Description

The First Amendment to the Lease Agreement allows the Savannah Riverboat Company to install a 75-linear-foot barge at the eastern end of the company's dock. The barge will provide additional space to accommodate Savannah Riverboat vessels. The company currently leases dock space on River Street for the purpose of conducting excursion tours and dinner cruises. The agreement was originally established in 1991. The current agreement expires September 30, 2021.

Under this lease agreement the Savannah Riverboat Company will assume all capital costs and maintenance of the barge. The Savannah Riverboat Company will also assume all necessary insurance costs and name the City as an additional insured party.

In addition, the Savannah Riverboat Company will allow the Savannah Fire & Emergency Marine Operations access to the tenant’s gangway for ingress & egress to gain access to the City’s recreational dock during the duration of this lease. 

The lease has been reviewed for legal form by the City Attorney’s office.

Recommendation

Approval

Contact
Sean Brandon, Mobility and Parking Services Director
Financial Impact
Cost neutral to the City of Savannah.
Review Comments
Attachments
Riverboat Lease Agreement - 10-1-2011 to 9-30-2021.pdf
First Amendment to Lease Agreement - Savannah Riverboat Company.pdf
Agenda Plus