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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />RECORDED AT REQUEST OF, AND J.R. SMITH, CLERK <br />WHEN RECORDED RETURN TO: <br />City of Vero Beach <br />P.O. Box 1389 <br />Vero Beach, FL 32961-1389 <br />MEMORANDUM OF AGREEMENT <br />This MEMORANDUM OF AGREEMENT is entered into on the day of <br />2022, by the CITY OF VERO BEACH, a Florida municipal corporation, <br />whose mailing address is P.O. Box 1389, Vero Beach, Florida 32961-1389 ("Owner" or "City"), and <br />INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida, its <br />affiliates, whose mailing address is 1801 27th Street, Vero Beach, Florida 32960 (the "Lessee"). <br />1. Owner and Lessee entered into a Site Lease Agreement ("Agreement") dated as of the <br />day of 2022, effective upon full execution of the parties ("Effective Date") for <br />the purpose of Lessee undertaking certain Investigations and Tests and, upon finding the Property <br />appropriate, for the purpose of installing, operating and maintaining a communications facility and <br />other improvements. All of the foregoing is set forth in the Agreement. <br />2. The term of Lessee's tenancy under the Agreement shall be effective as of the first (1 st) day of <br />, 2022, for a term of ninety-nine (99) years, with no extension or renewal terms. <br />3. The Land that is the subject of the Agreement is described in Exhibit "A" attached hereto. The <br />portion of the Land being leased to Tenant and all necessary access and utility easements (the <br />"Premises") are set forth in the Agreement. <br />IN WITNESS WHEREOF, the parties have executed this Memorandum of Agreement as of <br />the day and year first written above. <br />LANDLORD: <br />City of Vero Beach, <br />a Florida municipal corporation <br />By: <br />Name: <br />Title: <br />Date: <br />By: <br />TENANT: <br />Indian River County, Florida, <br />a political subdivision of the State of, <br />1 /1 c <br />Name: / ,(C•('.Gti �U �Q <br />Title: Chairman <br />Date: Julv 13, 2022 <. <br />MM1S <br />�ERCO <br />/ F'P.,10kIE:D AS r J IFQR M <br />By"-- <br />CG0 NIv 17 <br />F <br />Attest: Jeffrey R. Smith, Clerk of <br />Page 1 of 1 Circuit Court and Comptroller <br />Deputy Clerk <br />