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INDIAN RIVER COUNTY, t -L <br />AGENDA ITEM <br />--Assistant-County Administrator-/ <br />*- Department of General Services <br />To: The Honorable Board of County Commissioners <br />Subject: -- Facility Lease Agreement with Gifford Y, <br />The Gifford Little League utilizes the baseball facilities at Gifford Park. The attached Lease <br />Agreement memorializes the terms under which the County has provided and maintained these <br />-facilities for the benefit of the Gifford's youth for over 10 years. Although the County currently <br />funds all maintenance, utility, and capital improvement costs in connection with this historical <br />arrangement, the Board of Gifford Youth Little League Inc., has resolved to become more self <br />sufficient over time in striving to bear a resemblance to the contributions made by -other -public <br />private partners throughout the County. <br />ALTERNATIVES AND ANALYSIS <br />The proposed lease calls for annual rent of $1 per year. There will be an initial term of S years with <br />3 consecutive 5 -year renewal options. Termination requires 6 months notice if the County is unable <br />to budget and appropriate adequate funding to continue the Agreement. The Agreement requires <br />lwwthat the County_ be named as additional insured on the League's insurance policy which has been <br />received and approved by the County Risk Manager. <br />Funding is available from the Parks Division Maintenance Account. This Agreement does not <br />require an increase in the current funding allocation for the maintenance and operation of the <br />baseball fields at Gifford Park. The continuation of this Agreement is subject to annual funding <br />and appropriations by the Board of County Commission. <br />Staff recommends approval of the attached Facility Lease Agreement witn aumonzauun iur uic <br />Chairman to execute all documents necessary to complete the transaction. <br />ATTACHMENTS; <br />-Lease Agreement <br />Indian River Approved Date <br />Certificate of Liability Insurance Countv <br />Approved Agenda Item <br />For: March 4, 2014_ <br />oseph . Baird, County Administrator <br />SmeadSoft Reprint Date: Wednesday, December 14, 2016 - 11:55:09 - BCC:1625, Attachment Id 1, Page 108 <br />with Gifford Youth Little <br />- <br />Administration <br />County Attorney <br />! <br />Budget <br />2 2 <br />Department <br />2 S� jy <br />Risk Management <br />42.274=1 <br />with Gifford Youth Little <br />