HomeMy WebLinkAbout2025-214FIRST RENEWAL TO SUBLEASE AGREEMENT
THIS FIRST RENEWAL TO SUBLEASE AGREEMENT ("First Renewal") is entered
into this 7 day of Catober , 2025, by Indian River County, Florida, a political
subdivision of the State of Florida, whose address is 1800 27th Street, Vero Beach, Florida
("County"), and Airmasters Radio Control Cub, Inc., a Florida non-profit corporation, whose
address is P.O. Box 701147, Vero Beach, FL Attn: President ("Airmasters" or "Tenant").
BACKGROUND RECITALS:
WHEREAS, the Parties acknowledge that title to the North County Regional Park
premises ("North County Premises") is held by the Board of Trustees of the Internal
Improvement trust Find of the State of Florida ("Board of Trustees") and is currently
managed by Indian River County, Florida under Board of Trustees' Lease Number 4490.
WHEREAS, the County as Lessor entered a Sublease Agreement with Airmasters
as Lessee effective December 13, 2005, for the use of a portion of the North County
Premises more specifically described in Exhibit "A" attached hereto and made a part
hereof ("Subleased Premises"); and
WHEREAS, Airmasters now operates and proposes to continue to operate and
maintain a radio control model airplane flying facility on the North County Premises that will
provide a recreational facility for the citizens of Indian River County and serve a legitimate
public purpose; and
WHEREAS, The sublease agreement is for a term of twenty (20) years with an
option to renew for an additional ten (10) years; and
WHEREAS, Airmasters has provided a written statement stating they are exercising
their right to renew the Sublease Agreement for one (1) additional ten (10) year term.
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 December 13th, 2005, is hereby
extended an additional ten (10) years, now terminating on December 13th, 2035.
4. Existing Terms and Conditions. Other than the above stated First Renewal, all
other 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.
AIRMASTERS READIO CONTROL CLUB, INDIAN RIVER COUNTY, FLORIDA
INC. / I Board of County Commissioners
By: �y
Conway R& Iff
'resident of Airmasters Radio Control Club, Inc., ' Bo rd
a Florida non-profit corporation
Date Approved: o t L�
Approved as to foram, and legal sufficiency:
S A an r o
Deputy County Attorney
2
. Sj�A✓F�
Flesche'K, Chairm8n
County Comm issionlP s
Date Approved: ,
Attest: Ryan L. Butler
Clerk of Court and Comptroller
By:
Approved:
By: .41V_t_��V40��
John A. Titkanich
County Administrator