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i LEASE AGREEMENT 2Z,3 . 01 1 By and between The City of Vero Beach , Florida And The Board of County Commissioners of Indian River County , Florida This Lease Agreement , hereafter " Agreement , " entered into on this 16th day of April , 2013 by the CITY OF VERO BEACH, FLORIDA , a Florida municipal corporation, whose mailing address is P . O . Box 1389 , Vero Beach, FL32961 - 1389 , hereinafter "Landlord", and the BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida, whose mailing address is 180127"' Street , Vero Beach , FL 32960 , hereinafter "Tenant . " WHEREAS , Tenant contracts with the Senior Resource Association, Inc . ( SRA) , as the County ' s Transit Provider and the County ' s Community Transportation Coordinator, for the operation of the GoLine Indian River Transit which is a fixed route bus system that runs throughout the County and to Indian River State College ' s main campus in Ft . Pierce and operation of the Community Coach, paratransit service which is a door to door transportation ; and WHEREAS , the ridership on the GoLine buses has increased necessitating a permanent bus and public transportation hub , hereinafter "Transit Hub , " with restrooms , shelters and other related needs ; and WHEREAS , the GoLine transportation system is an asset to all the municipalities in the County , including: . the Cities of Vero Beach , Fellsmere and Sebastian and the Parties agree and colll� lrlm that the "I" i I allsit I-ILIb constitutes a public purpose and therefore Tenant shall pay no ad valorem taxes on the leased Premises ; and WHEREAS , in order to continue and improve the GoLine system for the benefit of city and county residents, the parties are willing to enter into a long term lease for a parcel of property owned by Landlord located on 16`I' Street for construction of a Transit Hub ; and WHEREAS , the Tenant has applied and has been approved to receive a federal grant for construction of a Transit Hub to better serve ridership ; and WHEREAS , Tenant proposes to plan , design , permit and build a permanent Transit Hub together with other site improvements on the leased property to improve the GoLine system ; and WHEREAS , upon completion of the Transit Hub , Tenant will enter into an assignment, sublease or transfer with or to SRA for the use of the Transit Hub and the property subject to this lease ; and WHEREAS , Tenant and Landlord find that the leasing and use of the public lands by Tenant for the purposes stated herein constitute a public use and benefit . CADocuments and Settings0reeman1ocal Settings\Temporary Internet Files\OLK69\Transit Hub lease 4 11 2013 . doc