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2015-013
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Last modified
2/5/2018 10:38:39 AM
Creation date
12/21/2016 1:57:46 PM
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Resolutions
Resolution Number
2015-013
Approved Date
01/20/2015
Agenda Item Number
13.B.
Resolution Type
Lease
Entity Name
Gifford Youth Achievement Center
Subject
First Amendment Lease Agreement 99 years
Area
4875 43rd. Ave.
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RESOLUTION NO. 2015-013 <br />A RESOLUTION OF THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, <br />APPROVING A FIRST AMENDMENT TO LEASE AGREEMENT <br />WITH THE GIFFORD YOUTH ACHIEVEMENT CENTER, INC., <br />FOR COUNTY OWNED PROPERTY KNOWN AS THE GIFFORD <br />YOUTH ACHIEVEMENT CENTER. <br />WHEREAS, the Gifford Youth Activity Center, Inc. n/k/a the Gifford Youth Achievement <br />Center, Inc. ("GYAC"), and the Board of County Commissioners entered into a Lease Agreement for <br />County -owned property located at 4875 431d Avenue, Vero Beach, Indian River County, Florida <br />("Property") on November 19, 2002, for a term of 40 -years for use as an activity center for area <br />youths; and <br />WHEREAS, the rental rate was $1.00 per year; and <br />WHEREAS, GYAC has requested that the Board of County Commissioners consider <br />amending and extending the existing Lease Agreement for an additional 99 -years to continue their <br />use of the activity center; and <br />WHEREAS, the Board of County Commissioners finds that such a use of the County owned <br />Property promotes the County interests and welfare, and <br />WHEREAS, the GYAC is a Florida not for profit corporation and a corporation organized <br />exclusively for charitable and educational purposes as set forth in section 501(c)(3) of the Internal <br />Revenue Code of 1986, as amended, <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS <br />OF INDIAN RIVER COUNTY, FLORIDA: <br />In accordance with Florida Statutes §125 38, the Board finds that: <br />a The Gifford Youth Achievement Center, Inc ("GYAC") has made proper application <br />as required for an amendment and extension of the lease of the Property; <br />b. the Property is not needed for County purposes, <br />c The use of the Property as a youth activity center promotes the County interests <br />and welfare, <br />2 The Board approves and authorizes the Chairman to execute the First Amendment to Lease <br />Agreement between the Board and the GYAC, for a term of 99 -years at an annual rate of <br />$1 00 per year for the Property described in the attached Exhibit "A"; <br />3. The First Amendment to Lease Agreement is entered into pursuant to the authority of Florida <br />Statutes §125.01 and §125.38 <br />The foregoing Resolution was offered by Commissioner Solari and seconded by <br />Commissioner Flescher, and, upon being put to a vote, the vote was as follows, <br />Chairman Wesley S Davis Aye <br />Vice Chairman Bob Solari Aye <br />Commissioner Joseph E Flescher Aye <br />Commissioner Peter D. O'Bryan Aye <br />Commissioner Tim Zorc Aye <br />
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