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2023-165
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2023-165
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Last modified
11/7/2023 1:01:37 PM
Creation date
8/25/2023 10:03:27 AM
Metadata
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Template:
Official Documents
Official Document Type
Lease
Approved Date
08/15/2023
Control Number
2023-165
Agenda Item Number
8.AN.
Entity Name
Medical Examiner
Indian River, St. Lucie, Martin & Okeechobee Counties
Subject
Ground Lease
Ground Lease. All four counties have agreed to share cost of design and costruction of the new
Medical Examiner's Facility
Document Relationships
2023-166
(Cover Page)
Path:
\Official Documents\2020's\2023
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receive an independent, bona fide offer from a third party for the purchase of the Premises, which <br />offer Lessor shall desire to accept (the "Offer"), Lessor shall promptly deliver to St. Lucie County <br />a copy of such Offer. St. Lucie County may, within forty-five (45) days thereafter, elect to purchase <br />the Premises on the same terms and conditions as those set forth in the Offer. Notwithstanding the <br />foregoing, St. Lucie County shall not have a right of first refusal in the event of a transfer of the <br />Premises by Lessor for no consideration to any affiliated entity, organization or corporate body <br />whatsoever, including without limitation any kind of joint venture or cooperative undertaking <br />where Lessor or any of its affiliated entities retains material involvement with the Premises, it <br />being the intent of this provision that only transfers to unrelated third parties for valuable <br />consideration be the subject of this right of first refusal. In the event that the Offer is for the <br />purchase of any property owned by Lessor's which also includes the Premises, St. Lucie County <br />shall have the option to purchase only the Premises at the same per acre value as contained in the <br />Offer. <br />Section 9.02. Continuance of Right. If Lessor receives an offer for the purchase of the <br />Premises or any of Lessor's Property which includes the Premises which is not accepted by Lessor, <br />the Lessee's right of first refusal shall remain applicable to subsequent offers. If Lessor shall sell <br />the Premises or any of Lessor's Property which includes the Premises after a failure of Lessee to <br />exercise its right of first refusal, such sale shall be subject to this Lease, and the right of first refusal <br />shall continue and shall be applicable to subsequent sales of the Premises provided that this right <br />of first refusal shall expire upon termination of this Lease. <br />ARTICLE X <br />DEFAULT AND REMEDIES <br />Section 10.01. Events of Default. The following events shall be deemed to be events of <br />default by Lessee under this Lease: <br />A. Failure by Lessee to comply with any term, provision or covenant of this <br />Lease, including failure of Lessee to use and occupy the Premises only for the Permitted Use, and <br />failure by Lessee to cure such failure within thirty (30) calendar days (forthwith, if the default <br />involves a hazardous condition) after written notice thereof to Lessee, however, in the event said <br />default cannot be cured within said thirty (30) day period and Lessee is diligently attempting in <br />good faith to cure same, the time period shall be reasonably extended to allow Lessee additional <br />cure time; or <br />B. Failure by Lessee to immediately vacate the Premises upon termination of <br />this Lease, by lapse of time or otherwise; or <br />C. Default by Lessee under the terms of the Interlocal Agreement. <br />Section 10.02. Default by Lessor. If Lessor shall fail to comply with any term, provision <br />or covenant of this Lease and shall not cure such failure within thirty (30) calendar days (forthwith, <br />if the default involves a hazardous condition) after written notice thereof to Lessor, however, in <br />the event said default cannot be cured within said thirty (30) day period and Lessor is diligently <br />Col <br />
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