2002-100 - Laserfiche WebLink

Home Browse Search

Such notices to Landlord shall be addressed as follows: Board of County Commissioners of Indian River County Attention: Tom Frame 1840 25th Street Vero Beach, Florida 32960 These addresses may be changed by either party by providing written notification to the other. 18. TERMINATION OF PROGRESSIVE LEASE. From and after the Effective Date of this Lease, the Progressive Lease shall have no further force and effect. 19. NON-DISCRIMINATION. Tenant for itself, and any of its permitted successors in interest, as a part of the consideration for this Lease, does hereby covenant and agree that no person shall be excluded from participation in, be denied the benefits of, or be otherwise subjected to discrimination in the use or operation of the Leased Premises; the Gifford Youth Activity Center programs and opportunities, or any of the facilities thereof on the basis of age, sex, disability, race, color, national origin, religion, or ancestry. 20. AUDIT REQUIREMENTS. Tenant acknowledges and agrees that: (i) Tenant is required to have an audit completed by an independent certified public accountant at the end of the Tenant's fiscal year; (ii) a copy of such audit must be submitted to the Indian River County Office of Management and Budget within 120 days after the end of the Tenant's fiscal year; (iii) if the Budget Office has any questions regarding a part of the financial statements, audit comments, or notes, a letter requesting clarification may be sent to Tenant, and Tenant shall timely respond, or cause a response to be made; and (iv) if Tenant receives a qualified opinion from it's independent auditor, this will be reported to the Indian River County Board of County Commissioners and Landlord reserves the right to declare this Lease to be in default. 21. TERMINATION BY LANDLORD FOR DEFAULT. Landlord shall have the right to terminate this Lease upon the occurrence of any of the following (each an "Event of Default"): 1) Loss of non-profit corporate status by the Tenant; 2) Institution of proceedings in bankruptcy, by or against the Tenant if such proceedings continue for a period of ninety (90) days and are not dismissed, or any assignment by Tenant for the benefit of creditors; 3) Abandonment by Tenant of the Leased Premises, or discontinuance of operations at the Leased Premises for more than ten (10) consecutive days; 4) Default of, non-performance of, or other non-compliance with, any term, covenant or condition of any nature whatsoever under this Lease to be performed by Tenant; or 5) Failure to pay when due any rent, or any other expense which could result in a lien being placed upon the Leased Premises. 5