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2010-022
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2010-022
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Last modified
11/24/2015 2:19:24 PM
Creation date
10/1/2015 1:58:06 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Lease
Approved Date
01/19/2010
Control Number
2010-022
Agenda Item Number
8.B.
Entity Name
Cumberland Farms,Inc.
Subject
Lease Agreement Oslo Road and 27th Avenue
Supplemental fields
SmeadsoftID
9548
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NOW THEREFORE, in consideration of the mutual benefits to be derived from this <br /> agreement and other valuable consideration, the receipt and sufficiency of which is hereby <br /> acknowledged, the parties, intending to be legally bound agree as follows : <br /> SECTION I - LEASE <br /> Background Facts. The Background Facts are agreed to be true and correct and are incorporated <br /> herein by this reference . <br /> 1 . Property and Term of Lease. The County leases to Tenant and Tenant leases from County, <br /> the property located at 2614 9th Street SW, Vero Beach, Florida 32962 , currently known as <br /> Cumberland Farms, consisting of approximately 1 . 1 acres, as more particularly described on Exhibit <br /> " A " attached hereto and incorporated by reference herein. The term of the lease shall commence on <br /> the date on which the County takes title to the Premises pursuant to an Order of Taking and <br /> subsequent good faith deposit into the Registry of the Circuit Court (the "Effective Date") and shall <br /> terminate sixty (60) days after written notice by the County, which notice shall not be issued prior to <br /> July 1 , 2010 . No rent shall be charged under this Agreement . <br /> 2. Length of Lease. The Lease shall be subject to early termination pursuant to its terms . <br /> Extension of the lease shall be at the sole pleasure of the Board of County Commissioners . <br /> 3 . Use of Leased Premises. During the term of this Agreement, Tenant shall use the leased <br /> Premises for operation of a service station and convenience store and for no other purpose . Tenant <br /> shall not use the Premises, or any part thereof, or permit the same to be used for any illegal, <br /> immoral, or improper purposes; nor make, or permit to be made, any disturbance, noise, or annoyance <br /> whatsoever detrimental to the Premises or the comfort and peace of the inhabitants of the vicinity of <br /> the Premises. Violation of this term of the lease shall be grounds for immediate cessation of the <br /> operation of the Business and eviction from the Premises following notice and an opportunity to <br /> cure . <br /> 4. Utilities and Equipment. Tenant shall pay all utilities including garbage removal . <br /> Tenant shall be responsible for all maintenance and repair of any equipment or fixtures in or on the <br /> Premises . <br /> 5. Assignment and Subletting. Tenant shall not assign the lease or the leasehold estate granted <br /> to them under the lease to any other person, firm or entity . Any attempted assignment of the lease <br /> or the leasehold estate granted under the lease shall be void and may, at the sole option of the County, <br /> be deemed an event of default under the lease . <br /> 6 . Prohibition on Encumbrances. Tenant shall not mortgage, pledge, or encumber the <br /> lease, in whole or in part, or the leasehold estate granted under the lease, to any other person, firm <br /> or entity. Any attempt to do so shall be void and may, at the sole option of the County, be deemed an <br /> event of default under the lease . This covenant shall be binding on Tenant' s successors in interest . <br /> 7. Employees Hired by Tenant. All Tenant's employees shall be considered to be at all times <br /> its sole employees and not employees or agents of Indian River County. <br /> 8, Complaints Concerning Operations. The County or its representative may submit a <br /> written report to Tenant enumerating problem areas encountered. Tenant will provide written <br /> documentation of action to be taken to resolve problems . <br /> 2 <br />
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