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2022-253
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2022-253
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Last modified
12/20/2022 12:16:52 PM
Creation date
12/20/2022 12:15:57 PM
Metadata
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Template:
Official Documents
Official Document Type
Lease
Approved Date
12/13/2022
Control Number
2022-253
Agenda Item Number
8.J.
Entity Name
Environmental Learning Center, Inc.
Subject
Fourth Modification to Lease for the Replacement of the Main Dock
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3. Funding. Within 10 days of the Lessor's acceptance of the additional $50,000 FIND grant, <br />Lessee shall pay Lessor $100,000, which will be used as an additional match for the Dock <br />Project. Once the Dock Project is completed, Lessor will seek reimbursement from FIND <br />for Lessor's contribution of the project. If final amount of the Dock Project is greater than <br />$300,000, Lessee shall pay difference to Lessor within 30 days of notice of the final <br />amount of the Dock Project. If final amount of project is less than $300,000, Lessor will <br />reimburse Lessee any remaining amount of funds left after Lessor has been reimbursed <br />in full. Lessor retains the right to cancel the Dock Project due to cost increases that occur <br />during the construction of the Dock Project, in the event Lessee does not pay for such <br />cost increases, and Lessee shall be responsible for funding any costs incurred by <br />Lessor. <br />4. All other provisions of the Lease and the prior modifications shall remain in full force and <br />effect. <br />IN WITNESS WHEREOF, Lessor and Lessee have executed this instrument this 13 day of <br />December, 2022. �our�rl C• <br />yy r9 <br />`•T . O <br />rJ <br />LESSOR <br />INDIAN RIVER COUNTY, FLORI . <br />Joseph H. Earman, Chairman <br />Board of County Commissioners <br />Attest: Jeffrey R. Smith, Clerk of Circuit Court <br />and Comptroller <br />Deputy Clerk <br />Approved as to Form and Legal Sufficiency <br />K <br />Approved by BCC December 13, 2022 <br />
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