1995-335 - Laserfiche WebLink

Home Browse Search

0 M TME RI JEFFREY CLERK IF LEASE AGREEMENT This Agreement made this A- day of �l•A'/� between the COUNTY OF INDIAN RIVER, a political subdivision State of Florida, whose address is 1840 25th Street, Vero Florida, 32960, hereinafter designated COUNTY, and TALCOM, Florida Partnership with offices at 1920 Corporate Drive, Beach, FL 33426, hereinafter designated as TENANT. RECITALS: 19 of the Beach, INC., a Boynton COUNTY is the owner of certain real property located in Indian River County, State of Florida, and TENANT desires to lease a portion of said real property, together with a fifteen foot (15') wide right of way for access thereto (said leased parcel and right of way hereinafter called "Property"). The Property is more specifically described on Exhibit "A" attached hereto and made a part hereof. NOW, THEREFORE, in consideration of the mutual covenant§ §et forth in this Agreement, COUNTY hereby grants to TENANT the right to lease said Property, including a right of way for access thereto, for the term and in accordance with the covenants and conditions set forth herein. 1. Leased Premises: COUNTY hereby leases to TENANT and TENANT leases from COUNTY the Property, together with the nonexclusive right for ingress and egress, seven (7) days a week, twenty-four (24) hours a day, on foot or motor vehicle, including trucks, and for the installation and maintenance of utility wires, cables, conduits and pipes over, under or along a fifteen foot (150) wide right of way extending from the nearest public right of way to the Property. �9� W33 S 2. Term: This Agreement shall be for an initial term of five (5) years commencing upon COUNTY's receipt of written notification by TENANT advising COUNTY that TENANT has received all approvals, permits, consents or orders necessary to use the Property by TENANT as contemplated herein. TENANT shall have the right to extend this Lease for four additional five (5) year terms and such extension(s) shall automatically occur unless TENANT provides COUNTY with written notice of its intent not to extend this Agreement, no later than six (6) months prior to the termination of the then current term. If, at the end of the fourth five (5) year extension term, this Agreement has not been terminated by either party pursuant to the terms of this Agreement, this Agreement shall continue in force upon the same covenants, tormo and CQndit1Qna set forth in this Agreement, for an additional term of on® (1) year and for annual terms thereafter until terminated by either party upon giving the other party written notice of its intent to terminate at least six months prior to the end of such term. COt1PITY ATTORNEY'S OFFICE IP'�14N FIVER COUNTY 1140 26fh Strad Vero Beach, Florida 32960 M tO N W Cn Cl% O W 13.. %+ . O co toG