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A Of ce of co,,.i,vil 011106,115 <br /> INDIAN RIVER COUNTY <br /> ATTORNEY <br /> Dylan Reingold.,County Attorney <br /> William K.DeBraal,Deputy County Attorney <br /> Kate Pingolt Cotner,Assistant County Attorney <br /> MEMORANDUM <br /> TO: Board of County Commissioners <br /> THROUGH: Chris Mora, Public Works Director ^ ` <br /> FROM: William K. DeBraal, Deputy County Attorney <br /> DATE: December 24, 2014 <br /> SUBJECT: Extension of Lease Agreement with Rockridge Property Owners <br /> Association, Inc. <br /> When Rockridge Subdivision Unit 6 was platted back in 1958, the plat depicted lots 9 and <br /> 10 and the south half of lots 8 and 11 as Park Area". The County accepted all dedications <br /> on the plat at that time. The property is located at 550 16th Street, Vero Beach and is <br /> depicted on the aerial attached to this memorandum. In 1965, the County and the <br /> Rockridge Property Owners Association, Inc. (POA) entered into a lease agreement for the <br /> dedicated park area. Over the years, a community building was built on a portion of the <br /> lots with POA funds and the property has been continuously maintained by the POA. The <br /> most recent lease between the County and the POA was signed in 1995 for a term of 20 <br /> years at a rate of$1.00 per year and will expire in February 2015. Previous versions of the <br /> lease prohibited the serving of alcohol on the property and mandated that it be available <br /> for public use. The 1995 lease allowed alcohol to be served on the premises and removed <br /> the requirement that the property be available for public use. <br /> The Rockridge Property Owners Association is desirous of renewing the 1995 lease for a <br /> period of 20 years. Staff has no objection to the proposed extension. The POA has built <br /> all improvements on the property and provides for all maintenance of the site. Two other <br /> County owned buildings occupy the site. One houses a lift station and grinder for the <br /> recently installed sewage system and the other contains a generator used to run the <br /> station in the event of a power outage. Neither of the two buildings is part of the lease. <br /> The attached Lease Renewal proposes another 20 year renewal term to the lease expiring <br /> February 14, 2035. Staff has no objection to the proposed extension. <br /> Funding. There is no direct funding impacted by this extension of the Agreement. <br /> f <br /> A � <br /> 49 <br />