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CONSENT <br />INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Jason E. Brown, County Administrator <br />THROUGH: Richard B. Szpyrka, P.E., and Public Works Director <br />FROM: Monique Filipiak, Land Acquisition Specialist <br />SUBJECT: One Month Renewal of Lease for North County Offices <br />DATE: June 21, 2019 <br />DESCRIPTION AND CONDITIONS <br />On July 7, 1992 the Board of County Commissioners executed a lease agreement with FNB Properties, <br />Inc. for 2,875 square feet of office space at 11602 and 11604 US1 (Sebastian Square) in Sebastian. FNB <br />Properties is now known as Greene Investment Partnership, Ltd. The office space comprises the North <br />County Offices of the Property Appraiser, Clerk of the Court, Utilities Department and Veterans Services. <br />This will be the 11th renewal of the original lease. The Landlord has offered to renew the lease for one <br />month under the terms of the original agreement. The one month term will be effective July 1, 2019 — <br />July 31, 2019. The County purchased Sebastian Corners Retail Center on September 5, 2017, and is <br />moving forward with completing renovations. However, staff must disassemble and clear out the old <br />Sebastian office, and was not able to complete this task by June 30, 2019. <br />Term of Lease <br />Monthly Rent <br />Total Rent <br />7/1/19 to 7/31/19 <br />$3,893.23 <br />$3,893.23 <br />FUNDING <br />Funding is budgeted and available in Account No. 00122019-034420, General Fund/Facilities Mgmt. <br />/Rent -Bldgs. <br />RECOMMENDATION <br />Staff recommends the Board approve the lease renewal rate as proposed for the North County Offices <br />and authorize the Chairman to execute the Lease Renewal Agreement. <br />ATTACHMENTS <br />Renewal of Lease Agreement <br />APPROVED AGENDA ITEM FOR: July 2, 2019 <br />62 <br />