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LEASE AND CONCESSION AGREEMENT RENEWAL <br />This Lease and Concession Agreement Renewal ("Renewal") is entered into this <br />day of July, 2016 (Renewal Date) by and between Indian River County, a political <br />subdivision of the State of Florida, whose address is 1801 271h Street, Vero Beach, <br />Florida 32960 ("County") and Julie Anderson having a business address of 1801 27th <br />Street, Vero Beach, Florida 32960 ("Tenant"). <br />Background Recitals - <br />A. The County issued a request for proposals in April 2007 for Food and Beverage <br />Concession Services at the County Administration Building. <br />B. Effective August 1, 2007 the County and Capcan, Inc. entered into a Lease and <br />Concession Agreement (Lease) providing for initial term of 5 years and providing <br />for a maximum of 7 successive terms of 1 year each. <br />C. On August 1'9, 2008, the Board of County Commissioners approved the transfer <br />of the Lease and Concession Agreement to Betty M. Nobles. <br />D. On July 7, 2009 the Board of County Commissioners granted Ms. Nobles a three <br />month period of rent relief due to the down turn in the economy. <br />E. On October 29, 2009, the Board of County Commissioners extended the period <br />of rent relief from October 1, 2009 to September 30, 2010, due to the reduction in <br />staff at the County Administration Building which are Tenant's main customers. <br />F. On March 16, 2010, the Board of County Commissioners approved the transfer <br />of the Lease to Julie and Harvey Anderson. <br />G. On December 11, 2012, the Board of County Commissioners approved the <br />removal of Harvey Anderson from the Lease, and approved extending the Lease <br />from August 1, 2012 to July 30, 2013. <br />H. On July 2, 2013, the Board of County Commissioners approved extending the <br />existing lease from August 1, 2013 through July 30, 2014, with automatic renewal <br />for three (3) one (1) year terms, each on the same terms and conditions. <br />I. The Board has continued to abate rental payments provided for in the August 1, <br />2007 Lease and Concession Agreement after a review of Tenant's annual <br />financial operations dated September 30, 2011 and September 30, 2012. <br />J. Tenant continues to supply a valuable service to County employees, visitors and <br />those doing business with the County by providing food and beverages Monday <br />through Friday from 7:00 AM to 3:00 PM. <br />K. A review of Tenant's financial operations shows no appreciable change over the <br />last 12 months. <br />NOW THEREFORE, for good and valuable consideration, the receipt and <br />sufficiency of which is hereby acknowledged, the County and Julie Anderson agree as <br />follows: <br />1. The Background Recitals as stated above are true and correct and incorporated <br />herein. <br />42 <br />