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RESOLUTION NO. 2014- <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, <br />APPROVING A COMMUNITY INTEREST EXTENSION OF <br />LEASE AGREEMENT WITH THE INDIAN RIVER SOCCER <br />ASSOCIATION, INC., FOR COUNTY OWNED PROPERTY <br />NEAR THE FAIRGROUNDS <br />WHEREAS, the Indian River Soccer Association, Inc. ("IRSA"), and the Board of County <br />Commissioners entered into a Lease Agreement for County -owned property near the Fairgrounds on <br />November 15, 1994, for a term of 20 -years at a rate of $200.00 per year for use as a soccer facility; <br />and <br />WHEREAS, the rental rate was later reduce to $1.00 per year; and <br />WHEREAS, the IRSA requested that the Board of County Commissioners consider extending <br />the existing Lease Agreement for an additional 20 -years to continue their soccer program; and <br />WHEREAS, the Board of County Commissioners finds that such a use of County Property <br />promotes the County interests and welfare; and <br />WHEREAS, the IRSA is a Florida non-profit corporation and a corporation organized <br />exclusively for charitable and educational purposes as set forth in section 501(c)(3) of the Internal <br />Revenue Code of 1986, as amended; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA: <br />"" 1. In accordance with Florida Statutes §125.38, the Board finds that: <br />a. the Indian River Soccer Association, Inc. ("IRSA") has made proper application as <br />required for a lease of the Property; <br />b. the Property is not needed for County purposes; <br />c. The use of the property as a soccer facility promotes the County interests and <br />welfare; <br />2. The Board approves and authorizes the Chairman to execute an Extension of Lease <br />Agreement between the Board and the IRSA, for a term of 20 years at an annual rate of $1.00 <br />per year for the property described in the attached Exhibit "A"; <br />3. The Extension of Lease Agreement is entered into pursuant to the authority of Florida Statutes <br />§125.01 and §125.38. <br />The foregoing Resolution was offered by Commissioner and seconded <br />by Commissioner , and, upon being put to a vote, the vote was as follows: <br />Commissioner Wesley S. Davis <br />Commissioner Joseph E. Flescher <br />Commissioner Peter D. O'Bryan <br />Commissioner Bob Solari <br />Commissioner Tim Zorc <br />292 <br />