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management of DISTRICT' s property ; and <br /> WHEREAS , DISTRICT is of the opinion that such use by the COUNTY pursuant to the <br /> provisions of this LEASE is in the public interest ; and <br /> WHEREAS , DISTRICT is agreeable that this LEASE should be executed for a limited <br /> term at a nominal rental subject to the terms and conditions stated herein . <br /> NOW THEREFORE , in consideration of the promises and mutual covenants and <br /> agreements contained herein , the receipt and sufficiency of which is hereby acknowledged , it <br /> is agreed by the parties hereto : <br /> 1 . RECITALS : The recitals contained herein above are true and correct and <br /> incorporated herein by reference . <br /> 2 . LEASE : DISTRICT hereby leases to the COUNTY the property hereinafter <br /> known as the " Leased Premises " as described in paragraph 4 below , subject to the terms and <br /> conditions set forth herein . <br /> 3 . PROJECT MANAGEMENT : The Project Manager for the DISTRICT is its <br /> Executive Director and all correspondence and communications from the COUNTY shall be <br /> directed to him/her . The Project Manager shall be responsible for overall coordination and <br /> oversight on behalf of DISTRICT related to the performance of this lease . <br /> 4 . DESCRIPTION OF THE PREMISES : The Leased Premises is situated in <br /> Indian River County , State of Florida , as described in Exhibit "A" , attached hereto and made a <br /> part of this LEASE . In general the Leased Premises is a strip of land consisting only of an <br /> existing dike system around a wetland mangrove area on District property known as IR- 146 . <br /> 5 . EXISTING CONDITIONS : The COUNTY agrees to accept the Leased Premises <br /> in " as is " condition subject to any existing easements and deed restrictions that may be placed <br /> on the Leased Premises by the DISTRICT or others with DISTRICT approval . <br /> 2 <br />