2025-037 - Laserfiche WebLink

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1. Property and Term of Lease. The County leases to Concessionaire and Concessionaire leases from County, the snack bar/concession area at Sandridge Golf Club consisting of approximately 1705 sq. ft. of space inside the Golf Club, as more particularly described on Exhibit A attached hereto and by this reference incorporated herein, for a term of twenty-four (24) months commencing on April 1, 2025, and terminating upon thirty (30) days notice from the County. The rent paid shall be as follows: Each month, rent shall be payable at the rate of ten (10) percent of all food and non-alcoholic beverage income from whatever source and fifteen (15) percent of alcoholic beverage income from whatever source per month payable on the first day of each month. If the first of the month is a Saturday, Sunday or a holiday recognized by the County, then on the next business day. After the 5h of the month, a late fee of $50.00 per day will be assessed. The monthly rent payment shall be accompanied by a monthly report of daily receipts in report form. Daily dated cash register tapes shall be retained by Concessionaire for a period of three (3) years and made available for examination to the County upon 24-hour request. Concessionaire shall ring in all receipts into Sandridge's point of sale system. 2. Length of Lease. The Agreement shall be for an original fixed term of twenty-four (24) months from the date of execution subject to early termination, upon thirty (30) days advance written notice from the County and shall not be renewable thereafter without a competitive selection process; however, the County may extend this Agreement with Concessionaire if deemed to be in the best interest of Indian River County due to delays in completion of the new facility. 3. Security Deposit. County shall retain the security deposit in the amount of $1,000.00 paid to the County under the prior lease. The security deposit is refundable upon termination of this Agreement after satisfactory inspection of the leased premises by County. 4. Use of Leased Premises. During the term of this Agreement, Concessionaire shall use the leased premises for operation of a food concession and banquet facility, etc. Concessionaire shall not use the premises, or any part thereof, or permit the same to be used for any illegal, immoral, or improper purposes; not to make, or permit to be made, any disturbance, noise, or annoyance whatsoever detrimental to the premises or the comfort and peace of the inhabitants of the vicinity of the premises. Concessionaire may use the leased premises only for Golf Course events and not for any other purpose without prior permission. 5. Utilities, Tables and Beverage Cart. County will provide electrical service, water and sewer services for the leased premises. The County will furnish the existing seating and tables for patrons. County will furnish a Beverage Cart for use by Concessionaire to sell food, snacks and drinks to golfing patrons at a minimum of three (3) days a week. 6. Assignment and Subletting. Concessionaire shall not assign this Agreement or any part thereof to any other person, firm or entity without the County's written permission. Any attempted assignment of the Agreement shall be void and may, at the sole option of the County, be deemed an event of default under the lease. 7. Prohibition on Encumbrances. Concessionaire shall not mortgage, pledge, or encumber the Agreement, in whole or in part, or the leasehold estate granted under the Agreement, to any other person, firm or entity. Any attempt to do so shall be void and may, at the sole option of the County, 2