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HomeMy WebLinkAbout2023-022FIRST RENEWAL TO SUBLEASE AGREEMENT THIS FIRST RENEWAL TO SUBLEASE AGREEMENT ("First Renewal") is entered into this 31 day of January , 2023, by Indian River County, Florida, a political subdivision of the State of Florida, whose address is 1800 27th Street, Vero Beach, Florida ("County"), and Senior Resource Association, Inc., a Florida non-profit corporation, formerly known as Council on Aging, Inc., whose address is 694 14th Street, Vero Beach, FL 32960 ("SRA"). BACKGROUND RECITALS: WHEREAS, the Parties entered into a Sublease Agreement ("Sublease") dated July 1, 2017, for use of the Main Hub on City owned land located at 1225 16th Street, Vero Beach, Florida; and WHEREAS, the term of the Sublease was for five years in order to provide the Tenant with use of the Main Hub for passenger operations; and WHEREAS, the Parties desire to extend the term of the Sublease nunc pro tunc for an additional three years; NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the parties hereby agree as follows: 1. Recitals. The above recitals are true and incorporated as a part of this document by reference herein. 2. Extension. The term of the Sublease dated July 1, 2017 is hereby extended an additional three years, now terminating on June 30, 2025. 4. Existing Terms and Conditions. Other than the above stated First Renewal, the terms and conditions of the Sublease shall remain in full force and effect. THE REMAINDER OF THIS PAGE IS LEFT BLANK INTENTIONALLY. IN WITNESS WHEREOF, the parties hereto have caused this First Renewal to Sublease Agreement to be executed by their respective duly authorized representatives as of the date first set forth above. SENIOR RESOURCE ASSOCIATION, INC INDIAN RIVER COUNTY, FLORIDA Board of County Commissioners By: Karen Deigl, President/ C of the Senior Resource Association, Inc. Date Approved: 2 ry Z3 Approved as to form and legal s iciency: William K. De raal Deputy County Attorney r, �%OA11y/S'•. •'0���• ' SAO ': By; ^X�s Josep . Ear an, Chairmen, Board of County Commissio'T19'ts Date Approved: 01-31-20231?o9yA;`f •o. •. ER COUt�' Attest: Jeffrey R. Smith Clerk of Court and Comptroller By: (rC"d, a(l Deputy'Clerk Approved: By Micha C. Zito Interim County Administrator