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HomeMy WebLinkAbout2008-167g, G. LEASE EXTENSION This Agreement for Lease Extension ("Amendment") entered into on the 3rd day of June , 2008, by Indian River County, a political subdivision of the State of Florida, 1801 27` Sfr t, Vero Beach, FL 32960 ("County"), and Jeraldine Lawrence, a sole proprietor ("Tenant") whose address is 1959 43`d Avenue, Vero Beach, FL 32960. The County purchased Tenant's property on April 4, 2008. The property consists of a 0.26 acre lot and a two story building where Tenant operates Lennie's Lounge; and WHEREAS, the purchase of the property was in lieu of eminent domain, as the County is planning widening and improvements to 43rd Avenue; and WHEREAS, as part of the consideration for purchase of the property, the County agreed to lease -back the property to Tenant for a period of sixty days; and WHEREAS, the Tenant has requested a thirty day extension to the lease and the County is not planning to begin road construction of the 43rd Avenue project within that time; and WHEREAS, the County has no objection to extending its lease with Tenant for an additional thirty day period, 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: I. The foregoing recitals are incorporated as if fully restated herein. 2. Paragraph one (1) of that certain Lease dated April 4, 2008 is hereby amended to terminate on July 3, 2008. 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 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 JERALDINE LA NCE INDIAN RIVER COUNTY, FLORIDA a sole proprieto BY: (p nted name) e!n-4ky w by.A� S ndra L. Bowden, Chairman Board of County Commissioners Approved as to orm le al ficiency William K. DeBraa Deputy County Attorney 2 Approved by the BCC: June 3, 22008. ATTEST: J. K. Barton, Clerk of Court BY: rr D uty {C�lerk� of Court1 eph A.'Baird, County Administrator