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2023-110
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2023-110
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Last modified
8/3/2023 9:27:29 AM
Creation date
6/27/2023 2:09:41 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Second Amendment
Approved Date
06/06/2023
Control Number
2023-110
Agenda Item Number
15.A.5.
Entity Name
St. Lucie Battery and Tire Company
Subject
Third Renewal to Second Amendment of Lease Agreement
1893 90th Avenue to serve as a short term location for a modular Fire Station #7
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THIRD RENEWAL TO SECOND AMENDMENT OF LEASE <br />AGREEMENT <br />THIS THIRD RENEWAL OF SECOND AMENDMENT OF LEASE AGREEMENT <br />("Renewal") is entered into as of the lblbday of June, 2023 by and between St. Lucie Battery <br />and Tire Company, a Florida corporation, ("Lessor") and Indian River County, a political <br />subdivision of the State of Florida (the "Lessee"): <br />RECITALS <br />WHEREAS, on June 23, 2015, Joseph G. Miller and Lessee entered into a lease agreement <br />(the "Lease Agreement") for the use of the property located at 1893 90`s Avenue, Vero Beach, <br />Florida (the "Leased Premises") to serve as a short term location for a modular Fire Station #7; <br />and <br />WHEREAS, on November 2, 2016, Joseph G. Miller, individually, and as Trustee of the <br />Joseph G. Miller Revocable Living Trust, dated October 2, 1986, deeded the Leased Premises to <br />Lessor; and <br />WHEREAS, on May 2, 2017, Lessor and Lessee entered into an Amendment to Lease <br />Agreement, reflecting St. Lucie Battery and Tire Company as the Lessor on the Lease Agreement; <br />and <br />WHEREAS, the Lease Agreement was for an initial term of 24 months and allowed the <br />Lessee to renew the Lease Agreement for 3 additional one (1) year terms; and <br />WHEREAS, the Parties renewed the Lease Agreement, as amended, until August 18, <br />2020, when it was set to expire; and <br />WHEREAS, the Parties entered into a Second Amendment and Renewal of Lease <br />Agreement (Second Amendment) on August 18, 2020, that renewed the Lease Agreement for an <br />additional one (1) year term with the option to extend the Lease Agreement for three additional <br />one (1) year terms; and <br />WHEREAS, on July 6, 2021, the Lessor and Lessee renewed the Lease Agreement for the <br />first one (1) year term; <br />WHEREAS, on June 21, 2022, the Lessor and Lessee renewed the Lease Agreement for <br />the second one (1) year term; <br />WHEREAS, it is the intent of the Lessor and the Lessee that the Lease Agreement be <br />extended for the third one (1) year term; and <br />NOW THEREFORE, in consideration of the mutual undertakings herein and other good and <br />valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties <br />agree, as follows: <br />Page 1 of �2 <br />
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