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58TH AVENUE/HOBART PARK BALLFIELDS <br />RENTAL AGREEMENT <br />THIS 58TH AVENUE/HOBART PARK BALLFIELDS RENTAL AGREEMENT <br />(hereinafter "Agreement") is entered into as of the _ day of February, 2016 (hereinafter <br />"Effective Date") by and between Indian River County, Florida, a political subdivision of <br />the State of Florida ("County") and Michael Paul Massey d/b/a Baseball Club of the <br />Treasure Coast (hereinafter "Baseball Club'. <br />WHEREAS, the County owns and maintains the baseball fields on 58th Avenue <br />located near the Kiwanis Hobart Park (hereinafter the "Ballfields") in Indian River County, <br />Florida; and <br />WHEREAS, the use of the Ballfields is otherwise free to those who use the field <br />without a reservation on a first come first served basis; and <br />WHEREAS, the County charges various reservation fees for the use of the <br />Ballfields including field and light charges. The standard fee is $20 per hour / per field <br />and light charges at $20 per hour/per field (the "Standard Rental Rate), however, the <br />complex generates only nominal revenue for the County; and <br />WHEREAS, the Baseball Club of the Treasure Coast is a not-for-profit organization <br />dedicated to the development of competitive travel baseball teams in Indian River County, <br />managing four organized baseball teams serving approximately fifty players ranging in <br />age from nine -to thirteen. <br />WHEREAS, instead of making individual reservations, the Baseball Club would <br />like to reserve a block. of time for the use of the Baseball Club over the course. of,2 years, <br />which will provide the County with a guaranteed source of revenue from the use of the <br />Ballfields; and <br />WHEREAS, in order to incentivize the mutually acceptable terms of this <br />Agreement, the Baseball Club will rent the Ballfields for a total of not less than 300 hours <br />annually; <br />NOW, THEREFORE, in consideration of the foregoing and the mutual benefits, <br />undertakings and covenants contained herein, and other good and valuable <br />consideration, the receipt and sufficiency of which are hereby acknowledged, the parties <br />agree as follows: <br />Section 1. Adoption of "Whereas" Clauses. The above recitals are true and correct <br />and are incorporated herein. <br />Section 2. Term. The term of this Agreement shall be for 2 years, commencing on the <br />Effective Date and terminating 2 years after the Effective Date. The Agreement shall be <br />Page 1 of 7 <br />i02 <br />