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r, <br />APR 2 11937 <br />LEASE EXTENSION AGREEMENT <br />BOOK 68 F'1J- 458 <br />WHEREAS, by Lease Agreement dated the 8th day of <br />May, 1974, and extended by Lease Extension Agreement dated <br />the 26th day of September, 1980, the Board of Commissioners <br />of the Florida Inland Navigation District, a special taxing <br />district organized and existing under the laws of the State <br />of Florida, did lease to the Board of County Commissioners <br />of Indian River County, four parcels of land designated as <br />MSA IR -4A, MSA IR -6A, MSA IR -613 and MSA IR -6C, also <br />designated as Islands 24, 27A (a part of the island), 28 and <br />29 respectively, for recreation, conservation and research <br />purposes, <br />IT IS AGREED, between the parties hereto, subject <br />to the conditions stated herein, the aforementioned Lease <br />Agreement is extended for an additional term of nine (9) <br />years from 8 May 2004. <br />It is further agreed the Board of County <br />Commissioners of Indian River County shall pay a sum of one <br />dollar ($1.00) a year, payable in one nine dollar ($9.00) <br />payment upon the execution of this Lease Extension <br />Agreement. <br />In all other respects the terms and conditions of <br />the original Lease Agreement between the parties dated 8 May <br />1974 shall remain in full force and effect during this <br />extended term of the lease. <br />IN WITNESS WHEREOF, the parties hereto have <br />hereunto set their hands and seals this 13th day of <br />January, 1987. <br />Signed, sealed and delivered BOARD OF COMMISSIONERS OF <br />in the presence of- FLORIDA INLAND NAVIGATION <br />DISTRICT <br />By: <br />Ma <br />Atte <br />_ <br />ec etar <br />BOARD OF COUNTY COMMISSIONERS <br />OF IND AN RIVER 9OUN. <br />By: i c <br />airman <br />Attest: _ <br />Clerk <br />e <br />