Special Call Meeting — Gulfport, MS
Date: 2026-03-31
Time: 15:30

City Council | Agenda
 Tuesday, March 31, 2026 – 3:30 PM


 City Hall – Council Chambers
 2309 15th Street, Gulfport




3:30 PM Invocation, Pledge of Allegiance, Call to Order
Declaration of Special Call Meeting
Policy Issues
1 Resolution - approving Amendment No. 4 to the Contract with GPT SFM, LLC for the
 Operation and Maintenance of the City's Sportsplex facility and memorializing extension of
 this agreement, and for related purposes.

2 Resolution - acknowledging real property to be surplus, approving lease agreement with GPT
 SFM, LLF for the rental of surplus municipal property at the Gulfport Sportsplex, and for
 related purposes.

Setting of Next Meeting and Adjournment




 1|Page
City of Gulfport, Mississippi

City Council | Agenda
 Tuesday, March 31, 2026 – 3:30 PM


 City Hall – Council Chambers
 2309 15th Street, Gulfport




3:30 PM Invocation, Pledge of Allegiance, Call to Order
Declaration of Special Call Meeting
Policy Issues
1 Resolution - approving Amendment No. 4 to the Contract with GPT SFM, LLC for the
 Operation and Maintenance of the City's Sportsplex facility and memorializing extension of
 this agreement, and for related purposes.

2 Resolution - acknowledging real property to be surplus, approving lease agreement with GPT
 SFM, LLF for the rental of surplus municipal property at the Gulfport Sportsplex, and for
 related purposes.

Setting of Next Meeting and Adjournment




 1|Page
City of Gulfport, Mississippi
Indexing Instructions: This Instrument principally prepared by:
In the SE ¼ of Jeffrey S. Bruni, Esq., Attorney
Section 18, Township 7 South, MS Bar No. 9573
Range 11 West Post Office Box 1780
First Judicial District of Gulfport, Mississippi 39502
Harrison County, Mississippi Telephone: (228) 868-5811
 Facsimile: (228) 868-5795
AND

In the NE ¼ of the NW ¼ of
Section 11, Township 7 South,
Range 11 West

Lessor: City of Gulfport Lessee: GPT SFM, LLC
 P. O. Box 1780 17755 U. S. Highway 19 North, #300
 Gulfport, Mississippi 39502 Clearwater, FL 33755
 Telephone: (228) 868-5811


STATE OF MISSISSIPPI
COUNTY OF HARRISON
FIRST JUDICIAL DISTRICT

 MEMORANDUM OF LEASE AGREEMENT FOR LEASE OF CERTAIN
 MAINTENANCE AND OFFICE FACILITIES AT 17200 16TH STREET
 IN GULFPORT, MISSISSIPPI

 THIS AGREEMENT entered into and executed in the City of Gulfport, Mississippi, on

the dates hereinafter set forth by and between the CITY OF GULFPORT, MISSISSIPPI,
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also hereinafter referred to as “Landlord” or “City”, and GPT SFM, LLC, also hereinafter referred

to as “Tenant,” “Lessee,” or “SFM” for the purposes, and on the terms and conditions, and under

the authority hereinafter set forth:

 WITNESSETH THAT:

 WHEREAS, the Governing Authority for the City of Gulfport, Mississippi determined on

December 19, 2023, that the City no longer had any municipal need for the real property with

improvements described in the survey plat and legal description collectively attached hereto as

Exhibit “A” and generally referred to as certain maintenance and office facilities at the Gulfport

Sportsplex owned by the City and located at or near 17200 16th Street in Gulfport, Mississippi and

certain maintenance and office facilities at the Goldin Sportsplex owned by the City and located

at or near 12136 Prudie Circle in Gulfport, Mississippi, and the same was surplus municipal

property and the parties subsequently entered into that certain “Memorandum of Lease

Agreement” for the lease of areas or facilities located at both the Gulfport Sportsplex and at the

Goldin Sportsplex, with such lease being effective April 1, 2024, through March 31, 2026; and

 WHEREAS, the City’s Governing Authority has since determined that it would be in its

best interests to manage and operate the City’s Goldin Sportsplex and which thereby signifies and

means that the City does in fact have a municipal need of the facility heretofore leased to SFM

and such facility will no longer be leased to SFM effective at 11:59 p.m. on March 31, 2026; and

 WHEREAS, the City is desirous of entering into a lease arrangement whereby the same

areas previously leased to SFM at the Gulfport Sportsplex property located at or near 17200 16th

Street in Gulfport, to which the Governing Authority has determined is still surplus property,

would again be leased to GPT SFM, LLC (“SFM”) for the fair market price/value equal to the

average of appraisals obtained in December 2023 from Everette E. Ladner, III, MAI, SRA and

Jason Garner, MAI, both Mississippi licensed appraisers, for the same; and

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 WHEREAS, SFM has expressed an interest in leasing the surplus municipal property

identified herein from the City for a one (1) year term, subject to the same being extended by the

parties for additional periods of time as set forth herein, and the City desires to lease the same to

SFM, and finds that the lease contemplated and set forth herein is in the best interest of the City

of Gulfport; and

 NOW THEREFORE, for the purposes hereinabove recited, and pursuant to authority

granted under Miss. Code Ann. § 57-7-1 (1972), as amended, the City of Gulfport does hereby

agree to lease certain real property plus existing improvements associated with maintenance and

office facilities located at the Gulfport Sportsplex at or near 17200 16th Street in Gulfport,

Mississippi and shown and depicted in the survey plats and descriptions collectively attached

hereto as Exhibit “A,” hereinafter referred to as the “Leased Premises,” as hereinabove identified,

to GPT SFM, LLC, and the parties covenant and agree as follows, to wit:

 1. Term. (a) Initial or Base Term. The term of the Lease Agreement shall commence at
12:00 a.m. on April 1, 2026, and end at 11:59 p.m. on March 31, 2027, unless sooner terminated
as hereinafter provided. Tenant shall not sub-let the Leased Premises during the term of the Lease
Agreement unless approved in writing by the City of Gulfport’s Governing Authority, by and
through its designee. (b) Expiration of Initial or Base Term. Upon and after expiration of the
term, the Lease shall continue on a month to month basis until such time as it is terminated by
either party upon thirty (30) days written notice to the other party or extended according to terms
then mutually acceptable to the parties and agreed to in writing.

 2. Termination; Default. (a) Voluntary Termination. This Lease Agreement may be
terminated at any time by Tenant, provided at least sixty (60) days written notice is provided by
Tenant to City and on condition that all compensation, including monthly installments and any
accrued interest and late charges due and payable to the City are fully paid. This Lease
Agreement may also be terminated at any time upon mutual and written agreement of the parties
and on similar condition that all compensation, including monthly installments and any accrued
interest and late charges due and payable to the City are fully paid. (b) Default by Tenant. 1)
Termination due to termination or end of contract with City. Termination or end of the Tenant’s
contract for operation and maintenance of the City’s Gulfport Sportsplex facility shall be cause
for termination upon declaration by thirty (30) days written Notice of Termination by the Tenant
and/or City. 2) Failure to Pay Compensation. Default in payment of compensation unpaid for
more than sixty (60) days shall be cause for immediate termination declared by the City by
written notice to Tenant. 3) Other Default and Termination. Other than default provided in 1) or
2) above of this paragraph, should any condition, covenant or obligation of Tenant under this
Lease Agreement be in default or breached by Tenant, and if such default or breach shall not be
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cured within sixty (60) days after City’s written Notice to Tenant of such default, then this Lease
Agreement may be declared by the City to be terminated, with the City entitled to all rights and
remedies under this Lease Agreement and state or local law. In the event that Tenant, within the
sixty (60) day period demonstrates that it has taken action to cure the default within a reasonable
period which shall take longer than sixty (60) days to cure, and provided that thereafter the action
to cure continue in a prudent manner to cure the default within sixty (60) days after the original
notice of default, then the Lease Agreement shall remain in full force and effect. (c) Default by
City. For failure by the City to perform any obligation under this Agreement, then unless the
breach or default is cured by the City within sixty (60) days after written notice of default is given
to the City by the Tenant, Tenant may declare the Lease Agreement terminated, null and void
upon surrender of the Leased Premises to the City without further monthly or annual installments
of compensation thereafter becoming due, and Tenant shall be entitled to remove its contents and
vacate the Leased Premises, or in lieu of declaring termination of the Lease Agreement, Tenant
shall be entitled to seek any legal rights and remedies, including specific performance it may have
at law or in equity against the City for default. (d) Attorney Fees. If either party be required to
utilize the services of an attorney to enforce this Lease Agreement or any of the provisions hereof
against the other party, reasonable attorney fees and costs shall be assessed against the party
adjudicated to be at fault. (e) Rights not Waived. Failure on the part of either party hereto to
enforce any right under this Lease Agreement shall not be construed to be a waiver of rights of
the party not at fault to enforce the provision violated, or any future violations of such provision.

3. Compensation (Rent) and Taxes. (a) Principal or Base Rent. Annual rent of a total amount
of $63,732.00 shall be paid by Tenant to the Landlord during each annual period of the Base
Term to be paid in twelve (12) equal consecutive monthly installments of $5,311.00, payable in
advance, on or before the first day of each month, with the first payment due hereunder due on or
before April 1, 2026. It is understood that this amount of Annual Rent is derived as the average
of two (2) fair market appraisals of the Leased Premises and all its parts obtained from Everette E.
Ladner, III, MAI, SRA and Jason Garner, MAI, both licensed appraisers, and that such appraisals
were obtained in December 2023. (b) CPI Adjustments. After the first annual (12- consecutive
month) period of the base term (ending March 31, 2027), and at the end of any subsequent
extended and successive annual period thereafter during the remainder of the Lease (includes all
renewal terms), base rent (all rent monies owed the City) shall be positively adjusted according to
the CPI Index compared to the rent of the previous year using the Index for the Bureau of Labor
Statistics Consumer Price Index, All Products, South Region Index with a positive cap of 3% and
a bottom cap of 1%. For example, if the percentage change in the 2024 Index from January 2024
to December 2024 is 4%, the monthly rent for the October 2024 to September 2025 time period
will be the then current monthly rent amount plus the product of the then current monthly rent
amount times 3% of this amount. If, however, the percentage change is equal to zero (0) or less
than zero (0) (any negative amount), the monthly rent due for such period shall be then current
monthly rent amount (which could include increases from earlier CPI-adjusted amounts) plus the
product of the then current monthly rent amount times 1% of this amount. A negative CPI Index
shall not be used in any term, renewal or otherwise, to adjust the monthly rent amount to be less
than the then current monthly rent amount that is otherwise applicable to such term. (c) Late
Payment Charges. For any monthly installment remaining unpaid for more than ten (10) days
after the due date thereof, a late payment charge equal to five percent (5.0%) of the payment then
due and unpaid shall be added as compensation due and owing. (d) Acceleration of Annual
Payment for default. In the event that any amounts remain due and owing for more than ninety
(90) days after due date, the entire Base Term rent or unpaid remainder thereof shall become
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immediately due and payable and interest on the unpaid amount shall thereafter accrue at the rate
of eight percent (8.0%) per annum until principal, interest and late charges are fully paid. (e)
Provision for Utility Services. Lessee shall be responsible for the provision of any utilities
provided to or for any of the land space, structure(s), land/real property, improvements, and
property leased to Tenant herein, including, but not limited to, utility services for electricity,
telephone, broadband, water, and sewage. (f) Taxes. Should this Lease Agreement result in any
taxes, including ad valorem taxes, being assessed to Tenant on its leasehold interest in the Leased
Premises by any appropriate and duly authorized taxing authority, Tenant shall be solely
responsible for the payment of the same. (g) Repair to/Replacement of Leased Premises;
Appraisals. It is acknowledged and agreed that the aforementioned appraisals that were
completed by Everette E. Ladner, III and Jason Garner in December 2023 were based on the value
of the Leased Premises as of December 2023. If during the term of this Lease Agreement the
Leased Premises is required to be substantially repaired or renovated or replaced (in an amount in
excess of 50% of the building space or facility footprint), the amount of Annual Rent will be
adjusted accordingly and the parties will either agree to obtain two (2) updated fair market
appraisals of the Leased Premises and all its parts, following completion of repairs/renovations or
replacement, from the same appraisers or others agreed upon by the parties, with the parties to
evenly split the costs for obtaining these appraisals, or to amortize the cost of repair/renovation or
replacement, as the case may be, over the remaining term of the Lease Agreement and apply the
same to the Annual Rent (in addition to the then current amount of Annual Rent under this
Agreement). If the parties cannot agree on which method to utilize, the City will obtain the two
(2) updated fair market appraisals at its cost, following completion of repairs/renovations or
replacement, and then the average of these appraisals will be used to determine Annual Rent
moving forward with the costs of obtaining these appraisals also added to the Annual Rent. The
new and adjusted Annual Rent will commence being due in the succeeding month following
completion of the last of the two (2) appraisals.

 4. Maintenance. Tenant shall maintain the Leased Premises and return it upon
termination of the Lease in a clean and sanitary condition, and in a good state of repair, normal
wear and tear excepted. Landlord shall be responsible for repairs to and maintenance of the roof,
structural part of the floor, walls, plumbing system, electrical system, HVAC system, and other
parts of the building structure in good repair. Tenant shall be responsible for repairs to and
maintenance of plumbing fixtures, electrical fixtures and all other repair and maintenance not
otherwise delegated to Landlord, including damage caused to the premises by Tenant or its
invitees and guests. Tenant shall properly dispose of all garbage and trash, and maintain the
exterior of the building entrances in clean condition, and shall notify the City of Gulfport of any
apparent structural hazard or dangerous condition existing within or without the facility. Tenant
shall supervise the assembly of patrons, and shall not allow more persons within the facility than
are allowed by state and local laws, ordinances, and fire codes, and shall take immediate
precaution and security measures to avoid imminent danger to life and health. City shall have the
right to inspect the premises at any time. Tenant alone shall ensure compliance with all applicable
laws, statues, ordinances and regulations governing the operations that will be undertaken on the
Leased Premises.

 5. Improvements. No improvements shall be made that affect the structural integrity of
any building or structure. Any improvements or renovations to buildings, structures, or any
fixtures during the term of this Lease shall require plan approval by the City of Gulfport, prior to
any construction, and shall become the property of the City upon termination, cancelation, or end
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of the lease. All tenant owned appliances and building improvements shall be maintained by
Tenant. At the termination, cancellation or end of lease, Tenant shall remove all of its personal
property and shall return premises to the condition it was in prior to the placement of the property
on the premises, reasonable wear and tear excepted.

 6. Utilities. Tenant shall pay cost of use for electricity, water and gas and all other utility
costs and fees, including, but not limited to, alarm monitoring, and any communication lines.

 7. Use of Leased Premises. In compliance with this Agreement, Tenant shall have the
peaceful use and possession of the Leased Premises. The use of the Leased Premises is in
conjunction and association with and in furtherance of Tenant’s provision of services pursuant
Tenant’s contract with the City for operation and maintenance of the City’s Gulfport Sportsplex
facility (generally located at or near 17200 16th Street in Gulfport, Mississippi). The Leased
Premises shall only be used within and in furtherance of the scope of the Tenant’s privatization
contract with the City.

 8. Other Conditions on Use of Leased Premises. (a) Signage. Any and all signs to be
posted by Tenant or on its behalf shall be approved in advance by the City for location and for
conformity to the City standards, regulations, and ordinances. No signs shall be allowed that
violate City of Gulfport sign ordinances or other applicable laws and regulations.

 9. Insurance. (a) General Liability Insurance. Tenant shall keep in full force and effect at
its expense a policy of general liability, naming the City as an additional insured of combined
single limit coverage of not less than $1,000,000.00 with a company having a rating of Best’s A-
or better, and shall provide a certificate or other proof of coverage to the City, with such insurance
to cover all activities, business and functions of Tenant and its employees, servants, agents, and
invitees on the Leased Premises. Tenant shall maintain workers compensation insurance, if
required by law, and/or employees liability insurance, to the extent that it utilizes paid employees
on or within the Leased Premises, and any and all other insurance it deems advisable or necessary
for its property, employees, business, activities, and any liabilities and shall provide for the City
of Gulfport as an additional named insured on all Tenant’s policies. Tenant shall inform and
notify Landlord in writing within fourteen (14) days of any claims of liability resulting from the
use of the Leased Premises. Tenant shall provide proof of coverage. Within thirty (30) days of
annual expiration of tenant’s insurance policy(ies), Tenant shall provide City with proof of
renewal or proof of coverage by a different carrier. It is understood that under this Agreement,
the Tenant shall be in full custody and control of the Leased Premises as described and set forth
herein, and all of its improvements, equipment, machinery, tools, and contents. (b) Contents
Insurance. Tenant, being responsible for contents, equipment, and appliances on or about the
Leased Premises, may maintain such reasonable casualty and peril insurance coverage on the
contents, on all stock items, and any and all appliances, and equipment that it owns, to the extent,
if any, that it deems needed or, if it chooses not to acquire such insurance, it shall do so at its own
peril.

 10. Indemnity; Hold Harmless. To the greatest extent permissible or possible, Tenant
agrees to fully defend and hold harmless and indemnify the City and its employees, officials, and
agents with respect to and from and against any and all claims of liability and demands and causes
of action for injury, death, or damages or loss to properties or otherwise and all damages, costs,
liability, fees, penalties, judgments, expenses, orders, lawsuits, assessments, and proceedings for
 Page 6 of 10
legal and/or equitable relief that occur on or as a result of or arise out of the use of the Leased
Premises or in any way arise out of, relate to, or involve any acts or omissions of Tenant or those
of its employees, officers, patrons, guests, contractors, or agents, except Tenant will neither
indemnify nor defend the City and its employees, officials, and agents for any claims or damages
caused by any intentional or reckless conduct on the part of the City and its employees, officials,
and agents. Only to the extent that the City is authorized by the laws of the State of Mississippi,
and without waiving any constitutional, statutory, or common law defenses, immunities, or
exemptions from liability, including, but not limited to, those set forth in Miss. Code Ann. § 11-
46-9(1) (Rev. 2001), the City agrees to defend, indemnify, and hold harmless GPT SFM, LLC
with respect to or from and against all claims, demands, causes of actions, lawsuits, judgments,
and orders arising out of or as a result of negligent acts or omissions of the City.

 11. Notice. Any official written notices required to be given under this Lease shall be
hand delivered or mailed by U.S. Mail to the following:

Landlord / Owner:

City of Gulfport
Attention: Mayor
2309 15th Street
Gulfport, Mississippi 39501

With a copy to:
City Attorney
City of Gulfport
2309 15th Street
Gulfport, Mississippi 39501

Tenant / Lessee:

GPT SFM, LLC
Attention: Jason Clement, Manager
17755 U. S. Highway 19 North, #300
Clearwater, FL 33755
Email: jclement@sportsfacilities

or to:

Bruce Rector
General Counsel
GPT SFM, LLC
17755 U. S. Highway 19 North, #300
Clearwater, FL 33755
Email: brector@sportsfacilities.com

Also, for unofficial notices, and requests, Tenant may notify Landlord by contacting the Office of
the Chief Administrative Officer, telephone number (228) 868-5770.

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 12. Nondiscrimination. Landlord and Tenant agree not to discriminate because of
race, color, religion, sex, age, national origin, disability, or status as a qualifying Veteran, as
defined and prohibited by applicable law, and that they will operate as Equal Opportunity
Employers in compliance with applicable federal, state and local laws, ordinances, and
regulations.

 13. Severability; Non-Endorsement. If any word, clause, sentence, paragraph, condition,
provision, or term of this agreement is or hereafter becomes legally unenforceable, the same shall
be severed from this agreement, and all remaining provisions of this agreement shall be
unaffected, and shall be interpreted in accordance with the express written intention of this Lease
Agreement. It is further understood by the parties that Landlord exercises no view or position
concerning and does not sponsor, endorse, or adopt the beliefs, opinions, or philosophies of
Tenant and the execution, enforcement, and administration of, or any performance in accordance
with this Lease Agreement, and/or any use or occupancy of the Leased Premises by Landlord,
Tenant, or any other person or entity shall not in any way be construed or interpreted as
Landlord’s sponsorship, endorsement, or adoption of such beliefs, opinions, or philosophies.

 14. Non-Waiver. In the event Landlord fails to enforce any provision of this Lease,
it shall not thereby be construed to waive its right of enforcement thereof at some later time.

 15. Amendment. This Lease Agreement may be amended only by written instrument
approved by Landlord and Tenant. Amendments hereto shall be effective as of the date of
passage by the municipal governing authority.

 16. Entire Agreement. This Lease constitutes the entire agreement between Landlord and
Tenant relating to the lease of the Leased Premises and no prior written or oral covenants or
representations relating thereto and not set forth herein shall be binding on either party hereto.
This Lease Agreement supersedes any covenant appurtenant to or involving the Leased Premises
or the property on which it is located.

 17. Authority and Guarantee. The undersigned represent that they have full power and
authority to enter into this agreement on behalf of the Landlord and Tenant and that they enter
into this agreement, on behalf of said entities, with full knowledge and understanding of the terms
and conditions contained herein.

 18. Applicable Law. This Lease and all of its provisions shall be governed by and
interpreted in accordance with Mississippi law.

 THIS MEMORANDUM OF LEASE AGREEMENT is made, dated, executed and

signed on the day and dates hereinafter set forth by the officers duly authorized so to act.


 (SIGNATURES APPEARING ON FOLLOWING PAGE)




 Page 8 of 10
Landlord:

CITY OF GULFPORT, MISSISSIPPI



By: ___________________________________ Attest: ______________________________
 Hugh Keating, Mayor Rashida Bell, City Clerk

Dated: March ________, 2026


Tenant:

GPT SFM, LLC



By: ____________________________________ _________________________________
 Signature Printed Name

Its: ____________________________________

Dated: March ________, 2026


STATE OF MISSISSIPPI

COUNTY OF HARRISON



 PERSONALLY CAME and appeared before me, the undersigned authority in and for the
jurisdiction aforesaid on this the _______ day of ________________, 2026, HUGH KEATING,
who acknowledged to me that he is the duly elected and serving Mayor of the City of Gulfport,
Mississippi, and that he signed, executed and delivered duplicate original counterparts of the
above and foregoing instrument in writing for and in behalf of the City of Gulfport after having
been first duly authorized by the City Governing Authority so to act.


 ___________________________________
 NOTARY PUBLIC

My Commission Expires:

______________________ (SEAL)

 Page 9 of 10
STATE OF ____________________

COUNTY OF __________________



 PERSONALLY CAME and appeared before me, the undersigned authority in and for the
jurisdiction aforesaid on this the _______ day of ________________, 2026,
___________________________________, who acknowledged to me that he is the duly elected
and serving ________________________ of GPT SFM, LLC, a corporation duly licensed to be
doing business in the State of Mississippi, and that he signed, executed and delivered duplicate
original counterparts of the above and foregoing instrument in writing for and in behalf of GPT
SFM, LLC, after having been first duly authorized so to act.


 ___________________________________
 NOTARY PUBLIC
My Commission Expires:

______________________ (SEAL)




Return after Recording to:

Jeffrey S. Bruni, Esq.
City Attorney
Post Office Box 1780
Gulfport, Mississippi 39502
Telephone No.: (228) 868-5811




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 Exhibit "A"
 to
Lease Agreement