3/9/2016 10:35:44 AM
10/1/2015 3:36:58 AM
Official Document Type
Agenda Item Number
Lease Extension widening and improvements to 89th St. CR 510
8865 91st. Ave.
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c2po � - / p <br /> LEASE EXTENSION <br /> This Agreement for Lease Extension ("Amendment") entered into on the 9th — day of <br /> June , 2009 , by Indian River County , a political subdivision of the State of Florida, 1801 <br /> 271 Street, Vero Beach, FL 32960 ("County") , Gina Hower, ("Tenant") whose address is 8865 91st <br /> Avenue , Vero Beach, FL 32967 . <br /> WITNESSETH : <br /> The County contracted to purchase Tenant ' s property on October 24 , 2006 . The property <br /> consists of a 0 . 31 acre lot and a single family home where Tenant resides ; and <br /> WHEREAS , the purchase of the property was in lieu of eminent domain, as the County is <br /> planning widening and improvements to 89th Street, and CR510 , and <br /> WHEREAS , as part of the consideration for purchase of the property, the County agreed to <br /> lease-back the property to Tenant . The current lease expires April 30 , 2009 ; and <br /> WHEREAS , the Tenant has requested an extension to the lease and the County is not <br /> planning to begin road construction of the 891h Street, and CR510 project within the next 12 months ; <br /> and <br /> WHEREAS , the County has no objection to extending its lease with Tenant, with the lease <br /> extension to expire no later than twelve months prior to the commencement of any phase of <br /> construction of 891h Street and CR510 project, including utility relocation, drainage construction or <br /> roadway construction. <br /> NOW , THEREFORE , in consideration of the mutual terms and promises stated herein , and <br /> other good and valuable consideration, the receipt and sufficiency of which is hereby <br /> acknowledged, the County and Tenant agree as follows : <br /> 1 . The foregoing recitals are incorporated as if fully restated herein . <br /> 2 . The first and second paragraph of that certain Lease dated October 24 , 2006 is hereby <br /> amended to terminate twelve months prior to commencement of any phase of <br /> construction of 891h Street and CR510 project . <br /> 3 . Except as amended herein, the terms and conditions of the Lease shall remain in full <br /> force and effect. To the extent of any conflict between the terms of this Amendment and <br /> the terms of the Lease , the terms of this Amendment shall control . <br /> THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY <br /> 1 <br />
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