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RECORDED AGREEMENT IS ON FILE <br />IN THE OFFICE OF THE CLERK TO THE BOARD <br /> <br />10.B. SUNSHINE REHABILITATION CENTER OF INDIAN RIVER <br />COUNTY – LEASE EXTENSION (SUNSHINE PHYSICAL <br />THERAPY CLINIC) <br />Chris Beals <br />Administrator Baird introduced , President of the Board of Directors for <br /> <br />Sunshine Physical Therapy Clinic. <br /> <br />Mr. Beals <br /> presented his request to extend their current lease that expires in 2020 to <br />2054. He reviewed the clinic’s history since 1953 and their progress to date (copy of prsentation <br />on file). In order to continue their current level of service to the residents of Indian River County <br />th <br />they must expand their facility at 1708 17 Street, Vero Beach. He was requesting a new lease for <br />the duration of 50 years to ensure that the venture is economically feasible. <br /> <br />Administrator Baird was opposed to granting this request because this location is <br />next to a number of ballfields and he thought the County could have potential use of that property <br />in the future. He suggested the Board look into selling the property rather than extending the lease. <br />He continued saying that he has had some inquiries showing an interest in the property by the <br />School Board and by the City of Vero Beach. <br />Commissioner Lowther said he has also been contacted by the City of Vero Beach. <br /> <br />There was a brief discussion as to what generated the lease for 50 years back in <br />1964. It was determined that at the time it appeared to be the logical decision since Sunshine <br />Rehabilitation Center had a use for the property. <br />Commissioner Neuberger could not see selling the property to someone else when <br />the clinic has a use and wants to stay there. <br />AUGUST 24, 2004 <br />13 <br /> <br />