2025-111 - Laserfiche WebLink

Home Browse Search

MAINTENANCE FACILITIES LEASE AGREEMENT THIS LEASE AGREEMENT ("Lease") by and between Indian River County, Florida, a political subdivision of the State of Florida, whose address is 1800 271h Street, Vero Beach, Florida ("County" or "Landlord"), and Senior Resource Association, Inc., a Florida non-profit corporation, formerly known as Council on Aging, Inc., whose address is 694 141h Street, Vero Beach, FL 32960 ("Tenant"), shall take effect as of July 1, 2025 ("Effective Date"). BACKGROUND RECITALS: A. The Senior Resource Association is the Community Transportation Coordinator ("CTC") and Transit Service Provider for Indian River County. The Tenant operates a fixed route bus system serving Indian River County utilizing over 50 buses. Most of the buses operated by the Tenant are titled to Indian River County as the owner of the vehicles. The operation of the buses for the citizens of Indian River County serves a valuable public purpose; and B. The Tenant's transit system, the GoLine, has steadily increased in ridership, popularity and size, necessitating a separate maintenance facility for servicing, repairing and parking of the fleet. C. The Landlord and Tenant ("the Parties") entered into a ground Lease Agreement ("Ground Lease") effective April 1, 2009, to provide for the construction of a maintenance facility and administrative offices on County owned land located at 4385 and 4395 43 d Avenue, Vero Beach, FL whose legal description is attached as Exhibit A, and incorporated by reference herein. D. Construction on the Indian River Transit Administrative and Maintenance Facility ("Facility") was done using grant funds and will continue to be considered a County owned improvement on County owned property. E. The Parties had a prior Lease Agreement for the lease of the Facility to the Tenant for a term of 2 years starting on June 1, 2012, which was extended four times. F. The Parties now desire to enter into a new Lease Agreement with a two year term that will allow the Tenant to continue to utilize roughly two and a half (2.53) acres of the County owned property at 4385 and 4395 43'd Avenue including the Facility, for the use of storing and maintaining their fleet of buses, including related operations and administration (hereinafter collectively referred to as "Leased Premises"); and G. Pursuant to Florida Statues Section 125.38, the County has the ability to set a nominal rent regardless of the actual value of the property so long as the price of the rent shall be set forth in a resolution of the Board of County Commissioners. H. The Parties agree that this Lease shall replace and supersede the previous Lease Agreement effective June 1, 2012.