HomeMy WebLinkAbout2010-317 ti
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LEASE EXTENSION
4010 - 317
This Agreement for Lease Extension (" Amendment ") entered into on the 21st day of
December, 2010 , by Indian River County, a political subdivision of the State of Florida , 1801 27 `x'
Street, Vero Beach, FL 32960 ( " County") , and Adetayo AdelakUll , having an address of P . O . Box
23 , Vero Beach , 171 32971 ("Tenant") -
WITNESSETH :
"Tenant") . WITNESSETH :
The County contracted to lease Tenant use of mobile home lot located within the Indian
River County Fairgrounds , 7955 58 `x' Avenue, a County owned and operated facility
("Fairgrounds ") on January 1 , 2009 .
WHEREAS , Section 3 of the Lease provides that the Lease may be renewed for a maximum
of seven ( 7 ) successive terms of two (2 ) each for a maximum aggregate of sixteen ( 16) years
combined Initial Term and Renewal Ten11s .
WHEREAS , the County has no objection to extending its lease with Tenant for an additional
two year period ,
NOW , THEREFORE , in consideration of the mutual terms and promises stated herein, and
other good and valuable consideration , the receipt and sufficiency of which is hereby
acknowledged, the County and Tenant agree as follows :
1 . The foregoing recitals are incorporated as if fully restated herein .
2 . Paragraph 2 : "Term of Lease" - Renewal of that certain Lease dated January 1 , 2009 is
hereby amended to terminate on December 31 , 2012 .
3 . Tenant shall submit to the County Risk Manager proof of insurance including demolition
and debris removal coverage for the mobile home in the event that it is condemned or
becomes uninhabitable ; and , all other adequate insurance coverage required under
Section 7 . 11 of the lease .
4 . Except as amended herein , the terms and conditions of the Lease shall remain in full
force and effect . To the extent of any conflict between the tenors of this Amendment and
the terms of the Lease , the terms of this Amendment shall control .
THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY
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IN WITNESS WHEREOF , this Lease Extension is executed by the authorized representatives of
the parties , as of the day and year first above written .
BOARD OF COUNTY COMMISSIONERS
Adetayo Adelakun INDIAN RIVER COUNTY, FLORIDA
BY : L
(signature)
F" n P� p E A—l� u n� Bob Solari , Chairman
(printed name) Board of County Commissioners
Approved by the BCC : December 21 , 2 01 0
WITNESS : / e� ;�t ATTEST : J . K. Barton, Clerk of Court
WITNESS'. . BY : C4��
(2�
Deputy Clerk of Court
a V
o eph . Baird, County Administrator
Approved as to form and legal sufficiency a°+YaNN
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William K . DeBraal
Deputy County Attorney 9Q
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