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INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Jason E. Brown <br />County Administrator <br />THROUGH: Phillip J. Matson, AICP <br />Community Development Director <br />FROM: Brian Freeman, AICP <br />M PO Staff Director <br />DATE: December 2, 2021 <br />SUBJECT: Extension of Lease Agreement with the Senior Resource Association for the Transit <br />Administration Facility <br />It is requested that the information herein presented be given formal consideration by the Board <br />of County Commissioners at its regular meeting of December 14, 2021. <br />DESCRIPTION, CONDITIONS, & ANALYSIS <br />The Senior Resource Association (SRA) is Indian River County's Community Transportation <br />Coordinator (CTC) and public transportation operator. In this capacity, SRA operates the GoLine <br />fixed -route system and the Community Coach paratransit system, both of which are administered <br />from a county -owned facility at 4385 43rd Avenue. That facility was constructed in 2012 with <br />grant funding from the Federal Transit Administration (FTA). SRA uses the 43rd Avenue facility <br />under a lease that was approved by the Board of County Commissioners effective June 1, 2012, <br />for a 5 -year term at $1.00 per year. <br />On August 16, 2016, that lease was amended to include necessary federal clauses relating to the <br />federal interest in the facility and was extended for an additional two-year period until May 31, <br />2019. On October 8, 2019, a second lease extension was approved with a new expiration date of <br />May 31, 2021. The SRA desires to renew the facilities lease for an additional 2 -year term. Staff <br />has no objection to the extension. <br />Attached is the proposed Third Extension of Lease Agreement, now expiring on June 30, 2023. <br />FUNDING <br />The lease extension will have no impact to County funds. <br />30 <br />