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RENEWAL OF AGREEMENT <br /> FOR USE OF INDIAN RIVER COUNTY FAIRGROUNDS <br /> THIS RENEWAL AGREEMENT is made and entered into this day of <br /> 2013, by and between INDIAN RIVER COUNTY, a political <br /> subdivision of the State of Florida, 1801 27th Street, Vero Beach, FL 32960 ("County") <br /> and the INDIAN RIVER COUNTY FAIR ASSOCIATION, INC., a Florida not-for-profit <br /> corporation, organized pursuant to Chapter 616, Florida Statutes, 1818 Commerce <br /> Avenue, Vero Beach, FL 32960 ("Association"). <br /> WHEREAS, on October 5, 2010, the County and the Association entered into <br /> that certain Agreement for Use of Indian River County Fairgrounds (the "Agreement"), <br /> pursuant to which the Association has conducted a public fair and exposition at the <br /> Indian River County Fairgrounds in calendar years 2011, 2012 and 2103; and <br /> WHEREAS, the Agreement, existing for a limited term of three years, will expire <br /> on October 31, 2013, if not renewed by the parties; and <br /> WHEREAS, recognizing that the Agreement has served the parties and the <br /> residents of Indian River County well during its three year term, the parties desire to <br /> renew the Agreement for an additional three year term commencing November 1, 2013, <br /> NOW, THEREFORE, in consideration of the mutual undertakings set forth <br /> herein, and other good and valuable consideration, the receipt and adequacy of which is <br /> hereby acknowledged, the parties agree, as follows: <br /> 1. Renewal. The Agreement is hereby renewed for an additional three year <br /> term, commencing on November 1, 2013 and terminating on October 31, 2016, unless <br /> sooner terminated as provided in the Agreement. <br /> 2. Remaining Terms. All remaining terms and conditions of the Agreement <br /> shall remain in full force and effect during the renewal term. <br /> Page I of 2 <br /> 80 <br />