11/15/2019 2:14:25 PM
11/15/2019 2:14:24 PM
Official Document Type
Agenda Item Number
Gifford Youth Activity Center
Progressive Civic League
Lease agreement with Progressive Civic League
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• <br /> • <br /> , '',:*....,,.4:' '',..;' ; ':• .• ' <br /> , <br /> • <br /> h <br /> • <br /> 1, l'1' 1 t 'I t i(` i t .(j ,s, <br /> �FC .1 <br /> da- 3..s'„z <br /> LEASE AGREEMENT <br /> 9 <br /> . <br /> THIS LEASE AGREEMENT ("Lease") dated as of November 19, 2002, <br /> ("Effective Date") between the BOARD OF COUNTY COMMISSIONERS OF INDIAN <br /> RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida (hereinafter <br /> called the "Landlord") and Gifford Youth Activity Center, Inc., a Florida not for profit <br /> corporation (hereinafter called the"Tenant"). <br /> BACKGROUND RECI i ALS <br /> . A. Indian River County Is authorized pursuant to Section 125.38, Florida Statutes, <br /> . to lease real property owned by Indian River County to not for profit <br /> organizations organized for the purposes of promoting community interest and <br /> welfare. <br /> K <br /> B. On January 6,1998,the Indian River County Board of County Commissioners as <br /> landlord entered into a lease agreement with Progressive Civic League of <br /> Gifford,Florida,Inc.as tenant for the Gifford Youth Activities Center(hereinafter <br /> the"Progressive Lease"). <br /> C. The Progressive Lease had a twenty-year term ending January 6,2012. " <br /> D. Thereafter, an entity known as the Gifford Youth Activity Center, Inc. was <br /> incorporated as a Florida not for profit corporation on December 27, 2001 and <br /> organized exclusively for religious,charitable,scientific,literary,and educational <br /> purposes within the meaning of Section 501(c)(3)of the Internal Revenue Code <br /> of 1986. <br /> E. The Progressive Civic League of Florida, Inc. and the Gifford Youth Activity <br /> Center, Inc.have agreed that the purposes of the Gifford Youth Activity Center <br /> would now be best served by being under the auspices of the Gifford Youth ; . a <br /> Activity Center,Inc. , <br /> F. On April 9, 2002, the Indian River County Boardof County Commissioners <br /> considered a request made by the Gifford Youth Activity Center, Inc.to become • - <br /> the tenant of the Gifford Youth Activity Center either by the assignment of the ' -' <br /> Progressive Lease or pursuant to a new lease. <br /> G. The Indian River County Board of County Commissioners directed that:(i)a new : , t:r <br /> . - lease, having the Gifford Youth Activity Center, Inc. as tenant, be prepared for f„ , a <br /> the Gifford Youth Activity Center; and (ii)the Progressive Lease be terminated ,. <br /> • <br /> as of the effective date of the new lease. <br /> H. Landlord desires to lease the Leased. Premises (as such term is hereinafter $ <br /> defined) to Tenant on the terms and conditions set forth herein and Tenant <br /> desires to lease the Leased Premises from Landlord on the terms and conditions • <br /> set forth herein. s <br /> • <br /> 1 <br /> } <br /> •a <br /> • ., <br /> et <br />
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