HomeMy WebLinkAboutDocumentation_Regular_Tab 7A_6/20/1991 VILLAGE OF TEQUESTA
Post Office Box 3273 • 357 Tequesta Drive
� Tequesta, Florida 33469-0273 • (407) 575-6200
m`�, T.4 FAX: (407) 575 6203
f4•eN coUNty
MEMORANDUM
TO: Village Council
FROM: Thomas G. Bradford, Village Manager /
DA
TE: June 12, 1991
SUBJECT: Lease Agreement with the Tequesta Country Club
Community Association (TCCCA) For Lots A, B, & C;
Agenda Item
For many years, the Village has leased Lots A, B and C along River
Drive in the Country Club to TCCCA. Our records indicate the
current lease to be the second one between the Village and TCCCA.
TCCCA must maintain these properties and insure the Village in
return for the lease.
The current lease is set to expire in June of 1992. The boat dock
which is on Lot C has deteriorated to the point where it must be
rebuilt. TCCCA has applied for the necessary permits to rebuild
this dock. Since th'e cost of the dock is significant, TCCCA
desires to extend the lease prior to making such an expenditure.
This appears to be a reasonable request and as such, in response
to TCCCA, we have prepared the attached lease for your
consideration. It has a term of fifteen ( 15) years, after which
the lease is extended automatically from year to year unless
either party wishes to cancel the same. The lease requires TCCCA
to insure the Village with adjustments in the coverage over time
at the Village 's discretion.
The lease is acceptable from the Village's prospective and
continues forward a contractual relationship the Village has had
with TCCCA for well over twenty (20) years. It is recommended
that the Village Council approve the Lease Agreement.
TGB/mk
Attachment
Recycled Paper
LEASE
WHEREAS, on May 24, 1977, the VILLAGE OF TEQUESTA, FLORIDA,
hereinafter called the "Lessor", and TEQUESTA COUNTRY CLUE.
COMMUNITY ASSOCIATION, INC. , hereinafter called the "Lessee" ,
entered into a Lease Agreement, which Lease expires on July 1 ,
1992; and
WHEREAS, it is the desire of the parties to extend the terms
of that Lease and to modify same in accordance with the terms set
forth herein.
NOW, THEREFORE, in consideration of the covenants herein
contained on the part of the Lessee to be kept and performed, the
Lessor does hereby lease to the Lessee the following described
property:
Lots.,A, B and C of TEQUESTA, a Subdivision of
Palm Beach County, Florida, according to the
Plat thereof on file in the Office of the
Clerk of the Circuit Court in and for Palm
Beach County, Florida, recorded in Plat Book
25, Pages 7 to 15 inclusive
to have and to hold the same for an additional term of fifteen (15)
years beginning July 1, 1992. Subsequent to said fifteen year
period, said Lease shall continue from year,to year unless either
party hereto provides sixty (60) days written notice to the other
of its intent to terminate the Lease.
In consideration hereof, the Lessee promises, covenants and
agrees as follows:
1. That the property will be used in accordance with the
• terms and conditions of that certain Declaration of Restrictions,
dated. December 27, 1956, and recorded in Official Record Book 2, at
Page 638, public records of Palm Beach County, Florida, and as
amended from time to time thereafter, relating to the Subdivision
of Tequesta in Palm Beach County, Florida.
• 2. That the maintenance, operation and use of said property
shall be completely and exclusively under the control of the
Lessee, and the Lessor shall have no obligation of any kind in this
regard.
3. That the Lessee hereby indemnifies the Lessor, during the
period of said Lease, and hereby saves, defends and holds Lessor
harmless from any and all claims which may be made by any party
resulting from this Lease agreement or from the use of the property
described herein by Lessee or by any party. Lessee will acquire
and maintain throughout the term of this Lease, comprehensive
insurance coverage for the protection of the Lessor against
liability for damage to person or property with the initial limits
of $500,000.00/$1,000,000.00, it being understood that at the end
of each five (5) years of the term of this Lease the Lessor may
require reasonable increases of the coverage based upon experience
and economics. The Village of Tequesta is to be an additional
named insured on any insurance policy obtained by the Lessee for
this purpose.
4. That the property will be used in conformity and
compliance with the laws of the Village of Tequesta and the State
of Florida.
IN WITNESS WHEREOF, the parties hereto have caused this
instrument to be signed an sealed in its respective names by its
duly authorized officers this day of
1991.
Signed, sealed and delivered
in the presence of: LESSOR:
VILLAGE OF TEQUESTA
By
Its
ATTEST:
Village Clerk
LESSEE
TEQUESTA COUNTRY CLUB COMMUNITY
ASSOCIATION, INC.
By
Its
ATTEST:
Secretary
STATE OF FLORIDA
COUNTY OF PALM BEACH
I HEREBY CERTIFY that on this day, before me, an officer duly
authorized in the State aforesaid and in the County aforesaid, to
take acknowledgments, personally'appeared
and to me known to be the
and respectively of the VILLAGE OF
TEQUESTA, and they acknowledged before me that they executed the
foregoing instrument.
WITNESS my hand and official seal in the County and State last
aforesaid, this day of - , 1991.
Notary Public ,
My commission expires:
STATE OF FLORIDA
COUNTY OF PALM BEACH
I HEREBY CERTIFY that on this day, before me, an officer duly
authorized in the State aforesaid and in the County aforesaid, to
take acknowledgments, personally appeared
and to me known to be the
and respectively of TEQUESTA COUNTRY CLUB
COMMUNITY ASSOCIATION, INC. , and they acknowledged before me that
they executed the foregoing instrument. -
WITNESS my hand and official seal in the County and State last
aforesaid, this day of , 1991.
Notary Public
My commission expires:.
JCR\13153-01\TEOCC.LEA
1