HomeMy WebLinkAbout2016-074 FIRST AMENDMENT TO LICENSE AGREEMENT
This First Amendment to License Agreement ("First Amendment") entered into this 17th
day of May 2016, by Indian River County, a political subdivision of the State of Florida, 1801 27th
Street, Vero Beach, FL 32960 ("County"), and a resident of Indian River
County, Florida, residing at Vero Beach, FL 32967 ("Tenant").
WITNESSETH:
WHEREAS, the County contracted to license Tenant the use of real property located within
the Indian River County Fairgrounds owned by the County effective February 4, 2013 ("License
Agreement").
WHEREAS, the parties acknowledge that the License Agreement expired on February 3,
2016; however, the parties have continued to fulfill the obligations therein and mutually
acknowledge the full force and effect of the terms and conditions of the License Agreement are to
be renewed in accordance with Section 2 of the License Agreement.
WHEREAS, Section 2 of the License Agreement provides that the license may be renewed
for two (2) additional one (1) year terms upon mutual agreement of both parties.
WHEREAS, the parties desire to amend the License Agreement to extend the term to expire
on December 31, 2018. with three (3) additional two-year renewal periods.
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 County and Tenant agree as follows:
1. The foregoing recitals are incorporated as if fully restated herein.
2. Paragraph 2 of the License Agreement: "Term" shall be amended to read as follows: The
term of this license shall terminate on December 31, 2018. The term shall be subject to
three (3) two-year renewal terms upon mutual agreement of both parties.
3. Except as amended herein, the terms and conditions of the original License Agreement
shall remain in full force and effect. To the extent of any conflict between the terms of
this First Amendment and the terms of the License Agreement, the terms of this First
Amendment shall control.
THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY
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IN WITNESS WHEREOF, this First Amendment is executed by the authorized representatives of
the parties, as of the day and year first above written.
BOARD OF COUNTY COMMISSIONERS
Ia ,�AN RIVER COUNTY, FLORIDA
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(print name) '•••.:Feud by the BCC: May 17, 2016
WITNES : Aa
ATTEST: Jeffrey R. Smith Clerk of Court
1And Comptroller
WITNESS. y :j' BY:
Depttyfle k of Court
4(24IL, caw,614
/ aird, Count Y Administrator
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY:
By
ylan Reingold
County Attorney
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