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Indian River County, Florida *ioA MEMORANDUM Indian River County Administration Complex 1801 27th Street Vero Beach, Florida 32960 indianriver.gov File ID: 25-0863 Type: Consent Staff Report Meeting Date: 10/7/2025 TO: Indian River County Board of County Commissioners THROUGH: John A. Titkanich, Jr., County Administrator THROUGH: Jennifer W. Shuler, County Attorney FROM: Susan J. Prado, Deputy County Attorney DATE: August 27, 2025 SUBJECT: First Renewal for Sublease Agreement for Airmaster Radio Control Club, Inc. BACKGROUND On June Yd, 2005, the Board of Trustees of the Internal Improvement Trust Fund of the State of Florida entered into a lease agreement with Indian River County, Florida, for 165.24 acres now known as North County Regional Park. The original Lease Agreement, Lease No. 4490, was established to conserve and protect natural and historical resources, as well as to support resource-based public activities and educational programs. Indian River County pays a yearly administration fee of $300 and is set to expire on June 2nd, 2055. On December 131, 2005, Indian River County entered into a Sublease Agreement, Sublease No. 4490-01, with the Airmasters Radio Control Club, Inc., a Florida nonprofit ("Airmasters") for a 20 -year initial term with one ten-year renewal option. The Airmasters agreed to use the land at North County Regional Park solely for operating and maintaining radio -controlled model airplane events, as well as for flying radio -controlled model airplanes by members of the Airmasters. The Airmasters are required to provide proof of insurance as well as pay Indian River County $200 on a yearly basis. The Airmasters are also required to submit a written statement stating they are exercising their right to renew at least one year before the expiration of the initial term. That statement was received on January 261, 2024. BUDGETARYIMPACT Per the current lease with the Board of Trustees of the Internal Improvement Trust, Indian River County pays a $300 administration fee on a yearly basis for 165.27 acres of property known as North County Regional Park. The Airmaster Radio Control Club subleases 48.73 acres of the North County Regional Park and pays the County $200 a year in rent. Furthermore, County Staff confirmed there is no running water on the subleased premises, and any electricity is generated by solar panels owned by the Airmaster Radio Control Club. Inc. PREVIOUS BOARD ACTIONS Indian River County, Florida Page 1 of 2 Printed on 10/2/2025 powYU LegistarTM