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03/05/2024
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03/05/2024
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4/30/2024 11:25:20 AM
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4/30/2024 11:09:33 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
03/05/2024
Meeting Body
Board of County Commissioners
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Such notices to Landlord shall be addressed as follows: <br />Board of County Commissioners of Indian River County <br />Attention: Tom Frame <br />1840 25th Street <br />Vero Beach, Florida 32960 <br />These addresses may be changed by either party by providing written notification to the <br />other. <br />18. TERMINATION OF PROGRESSIVE LEASE. From and after the Effective <br />Date of this Lease, the Progressive ,Lease shall have no further force and effect. <br />19. NON-DISCRIMINATION. Tenant for itself, and any of its permitted successors <br />in interest, as a part of the consideration for this Lease, does hereby covenant and <br />agree that no person shall be excluded from participation in, be denied the benefits of, <br />or be otherwise subjected to discrimination in the use or operation of the Leased <br />Premises; the Gifford Youth Activity Center programs and opportunities, or any of the <br />facilities thereof on the basis of age, sex, disability, race, color, national origin, religion, <br />or ancestry. <br />20. AUDIT REQUIREMENTS. Tenant acknowledges and agrees that: (i) Tenant is <br />required to have an audit completed by an independent certified public accountant at <br />the end of the Tenant's fiscal year; (ii) a copy of such audit must be submitted to the <br />Indian River County Office of Management and Budget within 120 days after the end of <br />the Tenant's fiscal year; (iii) if the Budget Office has any questions regarding a part of <br />the financial statements, audit comments, or notes, a letter requesting clarification may <br />be sent to Tenant, and Tenant shall timely respond, or cause a response to be made; <br />and (iv) if Tenant receives a qualified opinion from it's independent auditor, this will be <br />reported to the Indian River County Board of County Commissioners and Landlord <br />reserves the right to declare this Lease to be in default. <br />21. TERMINATION BY LANDLORD FOR DEFAULT. Landlord shall have the right <br />to terminate this Lease upon the occurrence of any of the following (each an <br />"Event of Default"): <br />1) Loss of non-profit corporate status by the Tenant; <br />2) Institution of proceedings in bankruptcy, by or against the Tenant if such <br />proceedings continue for a period of ninety (90) days and are not <br />dismissed, or any assignment by Tenant for the benefit of creditors; <br />3) Abandonment by Tenant of the Leased Premises, or discontinuance of <br />operations at the Leased Premises for more than ten (10) consecutive <br />days; <br />4) Default of, non-performance of, or other non-compliance with, any term, <br />covenant or condition of any nature whatsoever under this Lease to be <br />performed by Tenant; or <br />5) Failure to pay when due any rent, or any other expense which could <br />result in a lien being placed upon the Leased Premises. <br />5 164 <br />
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