Laserfiche WebLink
TRANSIT STATION LICENSE AGREEMENT <br /> THIS TRANSIT STATION LICENSE AGREEMENT (this "Agreement") is entered <br /> into as of this 24th day of January , 2017, by and between DIVOSTA HOMES, L.P., a <br /> Delaware limited partnership, whose address is 1400 Indian Creek Parkway, Jupiter, Florida <br /> 33458 ("Licensor" or "DiVosta"), and INDIAN RIVER COUNTY, a political subdivision of the <br /> State of Florida, whose address is 1801 27th Street, Vero Beach, Florida 32960 ("Licensee"). <br /> WITNESSETH <br /> WHEREAS, Licensee operates a public transit system that transports the public <br /> throughout the Indian River County area; and <br /> WHEREAS, it is critical to the success of the public transit system that passengers have <br /> safe and convenient locations to wait for and to board vehicles; and <br /> WHEREAS, it is beneficial to Licensor and their officials, employees, agents and guests <br /> that vehicles operated by Licensee pick-up and drop-off passengers at the transit site located <br /> along 49th Street at Lakes at Waterway Village in Indian River County; and <br /> WHEREAS, the parties agree that it is in their mutual best interests that the transit site is <br /> an integral part of the community and functions as a community activity station; and <br /> WHEREAS, the parties agree that it is in their mutual best interests to place a <br /> transportation facility at the specified site for use as an established transit station, which will <br /> provide facilities for the embarking and disembarking of passengers that are safe, convenient, <br /> accessible and more comfortable for passengers to wait for transit vehicles. <br /> NOW, THEREFORE; in consideration of the mutual covenants and agreements <br /> of the <br /> parties,Licensor and Licensee hereby agree as follows: <br /> Section 1 -Transit Site Agreement. Licensor hereby grants Licensee a license (the <br /> "License") to enter upon that certain parcel of real property located along 49th Street at the <br /> Lakes at Waterway Village in Indian River County, more particularly described and depicted on <br /> Exhibit A and made a part hereof (the "Transit Site"), for the sole and limited purposes of <br /> installing and using a transit stop, subject to all of the terms and conditions provided for herein. <br /> Licensor agrees Licensee may install and use a facility for passengers which consists of a trash <br /> receptacle(s), a bench(es), a sign(s), a passenger waiting shelter(s), and such other items as may <br /> be mutually agreed upon by the parties and referred to as (the "Transit Station") on the Transit <br /> Site. <br /> Section 2 - Installation of Transit Station. Licensee shall provide all the materials and <br /> labor for the construction of the Transit Station to be located on the Transit Site. Licensee shall <br /> retain ownership of such Transit Station. The Transit Station shall be comparable to other transit <br /> stations currently used by Licensee. If as a result of Licensee's construction of a Transit Station, <br /> Licensor is required by federal, state, or local law, ordinance, order etc, to make any <br /> improvements, changes or alterations ("Improvements") to the property on which Transit Site is <br /> located, in order to comply with such laws, such collateral Improvements shall be the <br /> WPBDOCS 9023418 2 <br />