3/28/2018 12:08:15 PM
11/9/2015 11:22:46 AM
Official Document Type
Agenda Item Number
Rockridge Property Owners
Lease Renewal through 2/14/2035
See Resolution 2015-001
Rockridge Lots 9, 10, 8, 11 Block U
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LEASE RENEWAL <br />oi l0q..01s- <br />g.E. <br />AO15--OQI <br />Renewal of the Lease entered into this 6 day of January , 2015 by and <br />between Indian River County, a political subdivision of the State of Florida, whose address is <br />1801 27th Street, Vero Beach, FL 32060, hereinafter referred to as "County" and Rockridge <br />Property Owners Association, Inc., whose address is 550 16th Street, Vero Beach, FL 32960, <br />hereinafter referred to as "Property Owners" as follows: <br />WHEREFORE, County is the owner of Lots 9, 10 and the south half of Lots 8 and 11 in <br />Block U, Rockridge Subdivision, Unit 6, according to the Plat Book 5, Page 67 of the Public <br />Records of Indian River County, Florida; and <br />WHEREAS, the parties entered into a Lease on May 19, 1965. The parties entered into <br />a five year Lease Agreement with the possibility of an extension for an additional five years; and <br />WHEREAS, the Property Owners have been in possession of the leased premises in one <br />manner or another since 1965; and <br />WHEREAS, the Property Owners constructed a community building with Property <br />Owners funds on the leased premises; and <br />WHEREAS, a revised Lease was entered into by the parties on February 1, 1984 for a <br />term of twenty years; and <br />WHEREAS, the parties entered into another revised Lease on February 15, 1995 <br />amending some terms from the 1984 lease with a new term of twenty years concluding February <br />14, 2015; and <br />WHEREAS, the parties wish to extend the Lease Agreement for an additional twenty (20) <br />years; and <br />1 <br />
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