HomeMy WebLinkAbout2013-051 gF
LEASE EXTENSION
Avt3 - 0 ,5" I
This Agreement for Lease Extension ("Amendment") entered into on the 1 nth
day of March, 2013 , by Indian River County, a political subdivision of the State of
Florida, 180127 1h Street, Vero Beach, FL 32960 ("County"), and John A . Jackson, Jr. ,
("Tenant") whose address is 6855 60h Avenue, Vero Beach, FL 32967 .
WITNESSETH
The County contracted to purchase Tenant ' s property on March 10, 2009 . The
property consists of 1 . 75 acre and a single family home where the Tenant resides ; and
WHEREAS , the purchase of the property was in lieu of eminent domain, as the
County is planning widening and improvements to 66`h Avenue ; and
WHEREAS , as part of the consideration for purchase of the property, the County
agreed to lease the property back to the Tenant for one dollar ($ 1 . 00) per month. The
current lease expires on March 31 , 2013 ; and
WHEREAS , the Tenant has requested an extension to the lease and the County is
not planning to begin road construction of the 66`h Avenue Project within the next 36
months ; and
WHEREAS , the County has no objection to extending its lease with Tenant, with
the lease extension to expire on March 31 , 2016 or 60 days after advertisement of the bid
to construct this section of 66`h Avenue, whichever occurs earlier; and
WHEREAS , the tenant agrees that the fair market rental value of the Leased
Premises is $ 800 . 00 per month.
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 1 of the certain Lease dated March 10, 2009 is hereby amended to
terminate on March 31 , 2016 or 60 days after advertisement of the bid to
construct this section of 66`h Avenue, whichever occurs earlier.
3 . Paragraph 1 of the lease is also amended to provide for Tenant to pay
Landlord rent in the amount of $ 800 . 00 per month in advance effective March
10, 2013 and on each 10`h day of each month, thereafter.
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 terms of this
Amendment and the terms of the Lease, the terms of this Amendment shall
control .
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
John A . Jackson, Jr. INDIAN RIVER COUNTY, FLORIDAp>to%l oN�„
eaae4400
BY : go— 1V
ep lescher ;o
nom : • o `
Approved by the BCC : 03-12- 13 of o>
WITNESS ATTEST : Jeffrey R. Smith, Clerk oNO 81
NFtIVER
Gu Q nne �l
WITNESS : r000 1zz4(,ot4LyZa.4 B
leots qP � eeeol, De ty Clerk of Court
Approved as to form and legal sufficiency
William K DeBraal eph . Baird, County Ad ninistrator
Deputy County Attorney
2