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HomeMy WebLinkAbout2018-043SECOND AMENDMENT TO LEASE AGREEMENT THIS SECOND AMENDMENT TO LEASE AGREEMENT ("Second Amendment") dated as of March 6 , 2018, between the BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, a political subdivision of the State of Florida (hereinafter called the "Landlord") whose address is 1801 27th Street, Vero Beach, FL 32960 and GIFFORD YOUTH ACTIVITY CENTER, INC. n/k/a GIFFORD YOUTH ACHIEVEMENT CENTER, INC., a Florida not for profit corporation (hereinafter called the "Tenant") whose address is 4875 43rd Avenue, Vero Beach, FL 32967. BACKGROUND RECITALS A. On January 6, 1998, the Indian River County Board of County Commissioners as landlord entered into a lease agreement with the Progressive Civic League of Gifford, Florida, Inc. as tenant for the Gifford Youth Activities Center. B. On April 9, 2002, the Indian River County Board of County Commissioners considered a request made by the Gifford Youth Activity Center, Inc. with the support of the Progressive Civic League to become the tenant of the Gifford Youth Activity Center pursuant to a new lease. C. On November 19, 2002, the Board approved a new lease with the Gifford Youth Activity Center, Inc. as tenant, for a term of forty (40) years at a rate of $1.00 per year. D. On January 20, 2015, the Board extended the lease with the Tenant, now known as the Gifford Youth Achievement Center to a 99 -year lease, with an ending date of December 31, 2114. E. Tenant has recently presented plans to Landlord to build an additional structure on the leased premises consisting of a one story, 13,000 square foot classroom building that could be expanded to add a second story of 13,000 square feet in the future. A sketch of the location of the proposed classroom is attached and incorporated herein as Exhibit "A". The original Lease Agreement dated November 19, 2002, however, is silent as to new construction on the leased premises. F. Landlord and Tenant desire to amend the Lease Agreement to add a provision for construction of the classroom building and other improvements in the future. NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound, the parties agree as follows: BACKGROUND RECITALS. The Background Recitals are true and correct and form a material part of this Lease. The Lease dated November 19, 2002, shall be amended to add the following paragraph: CONSTRUCTION OF IMPROVEMENTS. Tenant, with the prior permission of the Landlord, shall be permitted to construct buildings and other improvements on the leased premises that coincide with the missions and goals of the Gifford Youth Achievement Center. Landlord shall not unreasonable withhold said consent. At the termination of the Lease, the buildings and other improvements shall become the property of the Landlord. Landlord consents to the planned construction depicted at Exhibit "A". UNCHANGED. Unless amended above, the terms and conditions of the Lease dated November 18, 2002 shall remain unchanged. IN WITNESS WHEREOF, Landlord and Tenant have executed this Second Amendment to Lease Agreement the day and year first above written. GIFFORD YOUTH ACHIEV MENT CEN R, I By: Angela Perry Executive Director BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA l By: PIP&A.11- Peter D. O'Bryan, C air an ATTEST: Jeffrey . Smith, Clerk and C ptroller , , 0 puty Approved as to Form and Legal Sufficiency William K. DeBraal Deputy County Attorney M Witnessed by: signature: ZA,., 4 Zw printed name. a Ncoet. sign atuire: l�`� printed nameSaKi r� lnt ri G t approved by Board: 3/6/18 s •. /--\-T- 11 Jason. 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