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Dylan Reingold., County Attorney <br />William K. DeBraal, Deputy County Attorney <br />Kate Pingolt Cotner, Assistant County Attorney <br />INDIAN RIVER COUNTY <br />ATTORNEY <br />MEMORANDUM <br />TO: The Board of County Commissioners <br />a <br />FROM: William K. DeBraal — Deputy County Attorney <br />THROUGH: Vincent Burke, Director of Utilities <br />DATE: November 12, 2014 <br />SUBJECT: Request for Lease Extension from MWI Corporation <br />MWI Corporation has been leasing property from the County at 7775 9t" Street, S.W. (Oslo <br />Road) since 2001. The County purchased the approximately 20 -acre site from MWI back in <br />"~' 2001 for future expansion of the landfill. The purchase was made under the threat of eminent <br />domain. The County then entered into a 5 year lease agreement with MWI. There was no <br />option to renew the original lease. In December, 2006 the County and MWI negotiated an <br />amendment to the lease providing for another 5 -year term with five successive 1 -year <br />renewal terms. The amount of rent was set at $6,000.00 per month with an increase or <br />decrease in the rental rate equal to the Consumer Price Index (CPI) adjustment. <br />As the 5 -year lease was set to expire in December 2011, representatives from MWI <br />contacted staff and expressed their desire to enter into a longer lease term. Staff met with <br />MWI to discuss their request for a long term lease extension in July 2011. MWI was <br />interested in extending the current lease for a 15 year term. The Solid Waste Disposal <br />District made a presentation to the Board on August 16, 2011 concerning the MWI property <br />and the District's future plans for expansion. At that time, the Board offered to extend the <br />lease for five years and indicated a willingness to extend the term for a longer period should <br />MWI come forward with a site plan application to expand their facility. Some Board members <br />were reluctant to tie up 20 acres of property in close proximity to the landfill without definite <br />plans to expand. A copy of the minutes from the meeting of August 16, 2011 are attached. <br />i3/1 <br />ttI�l�� <br />N i2 �N 1 330 <br />