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2010-318
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2010-318
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Last modified
10/25/2016 4:04:42 PM
Creation date
10/1/2015 2:36:59 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Lease
Approved Date
12/21/2010
Control Number
2010-318
Agenda Item Number
8.L.
Entity Name
Teddy Floyd
Subject
Gifford Security Park House Lease Extension *Redacted*
Area
4735 43rd. Avenue
Supplemental fields
SmeadsoftID
9903
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LEASE EXTENSION v . L- <br /> a?1i a 3 <br /> This Agreement for Lease Extension ("Amendment") entered into on the 21st day of <br /> December, 2010 , by Indian River County, a political subdivision of the State of Florida, 1801 27 `n <br /> Street, Vero Beach, FL 32960 ("County") , and . ) residing at <br /> ) . <br /> WITNESSETH : <br /> The County contracted to lease Tenant use of located <br /> within the , a community park owned by the county effective November 20 , 2007 (the <br /> "Lease") . <br /> WHEREAS , the parties acknowledge that the Lease expired on November 19 `x' 2009, <br /> however, the parties have continued to fulfill the obligations therein and mutually acknowledge the <br /> frill force and effect of the terns and conditions of the Lease to be renewed in accordance with <br /> Section 3 of the Lease . <br /> WHEREAS , Section 3 of the Lease provides that the Lease may be renewed for a maximum <br /> of seven (7) successive terms of two (2) years each for a maximum aggregate of sixteen ( 16) years <br /> combined Initial Term and Renewal Terms . <br /> WHEREAS , the County has no objection to extending its lease with Tenant for an additional <br /> two year period , <br /> NOW , THEREFORE , in consideration of the mutual terms and promises stated herein, and <br /> other good and valuable consideration , the receipt and sufficiency of which is hereby <br /> acknowledged , the County and Tenant agree as follows : <br /> 1 . The foregoing recitals are incorporated as if fully restated herein . <br /> 2 . Paragraph 2 : "Leased Premises " - Renewal of that certain Lease dated November 20 , <br /> 2007 is hereby amended to terminate on December 31 , 2012 . <br /> 3 . Tenant shall provide updated proof of liability insurance and contents insurance also <br /> known as "renter ' s insurance . " <br /> 4 . Except as amended herein , the terms and conditions of the original Lease dated <br /> November 20 , 2007 shall remain in full force and effect . To the extent of any conflict <br /> between the terms of this Amendment and the terns of the Lease, the terms of this <br /> Amendment shall control . <br /> THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK :INTENTIONALLY <br /> 1 <br />
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