The Caroline Street Corridor and Community Redevelopment board voted unanimously to approve a five‑year lease renewal for "conk, teas, and souvenirs DBA pirate jacks of Key West," for the property at 201 William Street Suite 8. The motion passed after staff described the proposed terms as market rate.
Public commenter Leon Moyer told the board he reviewed the lease documents and believed the tenant was paying "apparently, dollars 8,000 I think," plus a percentage on top of that, and asked what the city does with the revenue. In response, Trevor Knowles said the renewal is offered at market rates: "This is a market rate, please… It's $55 square foot triple net, which is a fair rate, good rate for space down at the bight." The board then took roll call and approved the renewal.
Board members did not request amendments to the lease during the meeting. The clerk called the roll and recorded affirmative votes from Mr. Ashby, Mr. Henson, Mr. Lay, Mr. Malone and Chairman Knowles; the chair announced the motion passed.