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HomeMy WebLinkAbout2009-161 61gloq LEASE EXTENSION : 001 _ This Agreement for Lease Extension ("Amendment") entered into on the 9th day of June , 2009, by Indian River County, a political subdivision of the State of Florida, 1801-2 Street, Vero Beach, FL 32960 ("County"), and David Robert Geary, a single man, ("Tenant") whose address is 516566 1h Avenue, Vero Beach, FL 32967 . WITNESSETH : The County contracted to purchase Tenant' s property on August 22 , 2006 . The property consists of a two acre lot and a single family home where Tenant resides ; and WHEREAS , the purchase of the property was in lieu of eminent domain, as the County is planning widening and improvements to 66th Avenue ; and WHEREAS , as part of the consideration for purchase of the property, the County agreed to lease-back the property to Tenant. The current lease expires on June 30, 2009 ; and WHEREAS , the Tenant has requested an extension to the lease and the County is not planning to begin road construction of the 66th Avenue project within the next twelve months ; and WHEREAS , the County has no objection to extending its lease with Tenant, with lease extension to expire no later than twelve months prior to commencement of any phase of construction of 66`h Avenue, including utility relocation, drainage construction or roadway construction . 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 . The first and second paragraph of that certain Lease dated August 22 , 2006 is hereby amended to terminate twelve months prior to commencement of any phase of construction of 66`" Avenue project. 3 . Except as amended herein, the terms and conditions of the Lease shall remain in full force and effect. To the extent of any conflict between the terms of this Amendment and the terms of the Lease, the terms of this Amendment shall control . THE REMAINDER OF THIS PAGE HAS BEEN LEFT BLANK INTENTIONALLY 1 IN WITNESS WHEREOF , this Lease Extension is executed by the authorized representatives of the parties, as of the day and year first above written. BOARD OF COUNTY COMMISSIONERS DAVID ROBERT GEARY INDIAN RIVER COUNTY, FLORIDA a single man BY Wesley S . Davis, hairman Board of County Commissioners Approved by the BCC : June 7 , 2009 WITM S ATTEST : J . K. Barton, Clerk bf Court qT r:yL WITNESS : j BY : Deputy Clerk of Court oseph A Baird, County Adi inistrator Approved as to form and legal fficiency F YLOZ& '"�/ William K. DeBrdal Deputy County Attorney 2