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HomeMy WebLinkAbout2021-155SECOND AMENDMENT OF LICENSE AGREEMENT FOR USE OF COUNTY PROPERTY THIS SECOND AMENDMENT is entered into as of the 5th day of October , 2021, to that certain License Agreement for use of County Property, between INDIAN RIVER COUNTY, a political subdivision of the State of Florida, 180127 th Street, Vero Beach, FL 32960 ("COUNTY") and Sea Oaks Property Owners Association, Inc., a Florida not-for-profit corporation, 8811 Highway AIA, Vero Beach, FL 32963 ("SOPOA"). WHEREAS, on January 5, 2010, the parties entered into that certain License Agreement for use of County Property ("License Agreement") authorizing SOPOA to use certain real property described therein for limited purposes and for a time period ending on January 4, 2015; and WHEREAS, on May 1, 2012, SOPOA and COUNTY entered into the First Amendment of License Agreement for use of County Property ("First Amendment"), which among other things, extended the License Agreement to January 4, 2025; and WHEREAS, for a variety of reasons, SOPOA has requested another extension of the License Agreement, which COUNTY is willing to grant, subject to the terms of this Second Amendment, NOW, THEREFORE, in exchange for the mutual undertakings set forth herein, and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties agree, as follows: 1. Recitals. The above recitals are true and correct and are incorporated herein. 2. Extension. The term of the License Agreement is hereby extended to 2041. 3. Termination. The License Agreement may be terminated at any time by either party upon two and one half years' notice of termination to the other. This provision shall replace the second sentence of paragraph 1 of the License Agreement as amended by the First Amendment. 4. All other provisions of the License Agreement as amended by the First Amendment shall remain in full force and effect. Pagel of 2 IN WITNESS WHEREOF, the parties have executed this Second Amendment as of the day and year first above written. SEA OA ROPERTY OWNERS ASSOCIATI ("SOPOA") By: 46t--04--- Print Name: '4" e l' S • A— ws o t - Print Title: g e h e a --Q els-Kc� ,kn� �Quri r r"co��•. INDIAN RIVER COUNTY, F�:1�' ' 2;••• Cn: By: r1.� Joseph E. Flescher, Chair .. •P,• Board of County Commissi o'n�s,.. • Approved by BCC: October 5, 2021 Attest: Jeffrey R. Smith, Clerk of Circuit Court and Comptroller By: \ C� �� zf� Deputy Clerk Approved as to Form and Legal Sufficiency Dyl Reingold, County Attorney Approved as conforming to County policy: Jason . B own, County Administrator Page 2 of 2