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LEASE AMENDMENT <br /> THIS LEASE AMENDMENT ( " Lease Amendment" ) bearing an effective date of 23rd <br /> day of September, 2003 by and between the BOARD OF COUNTY COMMISSIONERS <br /> OF INDIAN RIVER COUNTY, FLORIDA ( " Landlord" ) and the ECONOMIC <br /> OPPORTUNITIES COUNCIL OF INDIAN RIVER COUNTY, INC . , a corporation existing <br /> under the law of the State of Florida (" Tenant" ) . <br /> BACKGOURND RECITALS <br /> A. On January 8 , 1986 , Landlord (as Lessor) and Tenant ( as Lessee ) entered into a <br /> Lease (" 1986 Lease" ) for certain land in Indian River County known as the " Old Douglass <br /> School " . <br /> B . Landlord and Tenant desire to amend the 1986 Lease: i ) to " drop-out" certain land <br /> from the Leasehold estate , and ii ) to reflect shared uses of certain areas . <br /> NOW THEREFORE , for good and valuable consideration the receipt of which is <br /> hereby acknowledged , and intending to be legally bound , the parties agree a follows : <br /> 1 . The background recitals are true and correct and form a material part of this <br /> Lease Amendment . <br /> 2 . From and after the effective date of this Lease Amendment , the parties <br /> acknowledge and agree that the legal description set forth in the 1986 Lease is modified in <br /> its entirety and is replaced with its legal description and sketch set forth on Exhibit <br />A <br /> attached hereto and by this reference incorporated herein in its entirety . <br /> 3 . From and after the effective date of this Lease Amendment , the parties <br /> acknowledge and agree that the leasehold estate under the 1986 Lease is modified in its <br /> entirety. <br /> 4 . From and after the effective date of this Lease Amendment , the parties <br /> acknowledge and agree that Landlord has granted to the West Wabasso Progressive Civic <br /> Club , Inc. (" Civic Club" ) and the Dasie Bridgewater Hope Center, Inc. ( " Dasie Hope" ) , <br /> pursuant to that certain Cooperative Facility Use Lease Agreement, the following general <br /> uses and rights, all of which shall be non-exclusive on the site generally known as the Old <br /> Douglass Elementary School Site : the general use , in common with others , of certain <br /> portions of the Old Douglass Elementary School Site , including all necessary roadways , <br /> sidewalks , and parking facilities connected to the Old Douglass School Cafeteria Building , <br /> all as more specifically depicted on Exhibit " B" attached hereto and by this reference <br /> incorporated herein in its entirety. <br /> 5 . From and after the effective date of this Lease Amendment , the parties <br /> acknowledge and agree that the right to use the basketball court , as more specifically <br /> depicted on Exhibit " B" , is granted by Landlord on a cooperative basis to Civic Club , Dasie <br /> Hope , the Indian River County Recreation Department , and Tenant. <br />