HomeMy WebLinkAbout2012-061 4- _ 301Z
13 .?; .
AGREEMENT FOR LEASE EXTENSION A o la • 0 6 N
This Agreement for Lease Extension ("Amendment") entered into on the 3rd day of
Apr ; 1 , 2012 , by Indian River County Solid Waste Disposal District, a dependant special
district of Indian River County, whose address is 1801 271" Street, Vero Beach , FL 32960
("Landlord ") , and MWI Corporation, a Florida Corporation, (" Tenant") whose address is 201
North Federal Highway , 2nd Floor, Deerfield Beach, FL 33441 .
WITNESSETH :
WHEREAS , in 2001 , the Landlord purchased from Tenant a 19 . 88 acre parcel of
property located at 7775 91" Street SW , Vero Beach , Florida) . Purchase of the property was
made under the threat of eminent domain, as the Landlord was planning to expand its landfill and
solid waste disposal activities on or near Tenant ' s former property ; and
WHEREAS , following the purchase of the property , (the Premises) , the Landlord agreed
to lease -back the property to Tenant until December 31 , 2006 . The lease was renewed for an
additional five years until December 31 , 2011 ; and
WHEREAS , before the sale and to this day , Tenant continues to use the property for the
manufacture and repair of pumps ; and
WHEREAS , the Tenant has requested a six month extension to the lease and the County
is not planning to begin any type of landfill expansion within that time ; and
WHEREAS , the County has no objection to extending its lease with Tenant for an
additional six months , as the Parties wish to continue to negotiate all options available to them .
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 Landlord and Tenant agree as follows :
1 . The foregoing recitals are incorporated as if fully restated herein .
2 . The term of that certain Lease Amendment dated January 1 , 2007 , is hereby amended
to terminate on September 30 , 2012 .
3 . 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 .
THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY
IN WITNESS WHEREOF , this Agreement for Lease Extension is executed by the authorized
representatives of the parties , as of the day and year first above written .
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MWI CORPORATION INDIAN RIVER COUNTYM�;S 'aRsw'•ti
SOLID WASTE DISPOSAL DI 0fCT '.;�
BY : 0
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(printed Ar T401e t-15 &. GaryC . W eler, Chairman • �c: '
• . .�J�'+
�n/j A Fad
Approved by the BCC : 04 _ 041 _ 1
WITNESS : ATTEST : J . K. ton, Clerk of court
WITNESS : BY '
D uty Clerk of ourt
Mo
J eph A . aird, County Administrator
Approved as to form and legal sufficiency
Wil iam . DeBraal
Deputy County Attorney