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HomeMy WebLinkAbout1986 Ambulance Squad City of Sebastian,x LEASE AGREEMENT THIS AGREEMENT entered into this 16th day of July, 1986, by and between the City of Sebastian, a municipal corporation of the State of Florida, party of the first part and Sebastian Volunteer Ambulance Squad, Inc., a non - profit corporation of the State of Florida, party of the second part. WHEREAS, the party of the second part is an organization formed for the purpose of providing free ambulance service to the residents of Sebastian and North Indian River County and in doing so is performing an outstanding public service, and WHEREAS, the party of the second part is desirous of obtaining a parcel of land owned by the City of Sebastian located at 1111 Main Street, Sebastian, for the purpose of providing ambulance service to the residents of the City of Sebastian and North Indian River County, and WHEREAS, the City Council of the City of Sebastian does believe that it is for the best interests of the community that such tract of land be made available for such purposes; NOW, THEREFORE, the party of the first part does hereby let and lease unto the party of the second part, for and in consideration of the sum of One Dollar ($1) per year, the following described property situated in the City of Sebastian, Indian River County, Florida, and more particularly described as follows, to -wit: The land lying underneath the building described as 1111 Main Street including the adjoining land, the total parcel running 129'2" on Main Street and running a total of 99' 9" north of Main Street. 129'2" MAIN STREET rth WHEREAS, the parties also agree to the following: 1. The Ambulance Squad shall pay for all electricity, water and other utility fees as they come due. 2. The Ambulance Squad is responsible for all maintenance and repairs to the building including maintenance of the above - described adjoining grounds. 3. The Ambulance Squad shall not transfer, assign or hypothecate the leased interest nor any imp rovementsthereon without the prior express written consent of the City, any such attempt shall be void ab initio. 4. By written mutual consent, the parties may terminate this Agreement at any time. TO HAVE AND TO HOLD unto the party of the second part for a period of one (1) year from the date hereof and automatically renewable every year hereafter under the same terms, to be used solely for the purposes of the party of the second part in providing free ambulance services for the citizens of Sebastian, and if and when such service is no longer provided from these premises then this agreement shall cease and the lease of the above - described property shall be at an end and the same plus all interest in improvements thereon shall be returned to the party of the first part automatically without further proceedings being taken therein. IN WITNESS WHEREOF the parties hereto have caused this agreement to be executed on their respective behalf the day and year first above. written. In the presence of: VL This Agreement Prepared By: STEVEN LULICH, ESQUIRE P. 0. Box 1390 Sebastian, FL 32958 -1390 (305) 589 -5500 CITY OF SEBASTIAN, FLORIDA BY: . GE , Attu e DEBORAH C. KRAGES, City er SEBASTIA VOL NT, ER AMBULANCE SQUAD, INC. By Y_SNELL, Pre §, nt Attest: , )ecretary