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3 - 4 -Z01 i% <br /> Lease Allreement �o / T — Oc 7 <br /> Lessor : Indian River County , Florida <br /> A political subdivision of the State of Florida <br /> 1801 27''' Street <br /> Vero Beach, FL 32960 <br /> (Hereinafter County) <br /> Lessee : Gifford Youth Little League , Inc . <br /> A Florida non-profit Corporation <br /> P . O . Box 651031 <br /> Vero Beach, FL 32965 <br /> (Hereinafter League) <br /> Witnesseth That : <br /> WHEREAS , the County is the owner of a 39 acre parcel of land commonly known as the <br /> Gifford Park, located at 4715 43rd Avenue , Vero Beach , Florida, an aerial photo is attached as <br /> Exhibit "A" ; and <br /> WHEREAS , Gifford Park consists of two baseball fields (the Jackie Robinson Field and <br /> the Ralph Jay Lundy Senior Field) , a football field, a basketball court, a children' s park with play <br /> equipment, restroom facilities , tennis wall and courts , covered pavilions and a fitness trail, <br /> fencing, parking, concession activities stand , press boxes and announcers booths ; and <br /> WHEREAS , the League is a Florida non-profit corporation formed to develop, promote <br /> and foster sports talent for individuals by organizing local youth, junior and senior baseball <br /> competitions and softball competitions ; and <br /> WHEREAS , the League has a present need to use both the Jackie Robinson Field <br /> ("Robinson Field") and the Ralph Jay Lundy Senior Field ("Lundy Field") , the press box , the <br /> concession activities stand, and the restrooms (together hereinafter the "Premises") for its <br /> baseball program ; and <br /> WHEREAS , the County believes that leasing the Premises to the League on a long-term <br /> basis would be in the public interest by providing a useful amenity for the recreational enjoyment <br /> of baseball enthusiasts in the Gifford Community as well as in Indian River County ; and <br /> WHEREAS , the County and the League understand that the initial obligations set forth in <br /> this Agreement reflect the current nature of the League ' s limited financial capabilities , and that <br /> both parties intend that these obligations and responsibilities will be reevaluated over time ; and <br /> NOW, THEREFORE , for in consideration of the Premises and other good and valuable <br /> consideration, the receipt whereof is hereby acknowledged , the parties agree as follows : <br /> 1 <br />