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1978-03 . . e PAN AMERICAN BANK OF ORLANDO NATIONAL ASSOCIATION 250 NORTH ORANGE AVENUE I P.O. BOX 2953 I ORLANDO. FLORIDA 32802 I (305) 841-2610 JANUARY 5, 1979 MR. GORDON TIFFANY CITY MANAGER CITY OF CLERMONT p.O. Nox 219 CLERMONT, FLORIDA 32711 RE: WILLIAM OSWALT RESIDUARY TRUST #43-011422-3 DEAR MR. TIFFANY: . I AMlRECEIPT OF YOUR LETTER DATED DECEMBER 28, 1978 INDICATING THAT THE CITY OF CLERMONT WISHES TO EXERCISE ITS OPTION TO EXTEND THE LEASE DATED MARCH II, 1974 FOR AN ATTITIONAL FIVE YEARS AS DESCRIBED IN PARAGRAPH 12 OF SAID LEASE. THERE IS CURRENTLY DUE $450.00 COVERING LEASE PAYMENTS FROM DECEMBER 11, 1978 THRU MARCH 10, 1979. AT THAT TIME PURSUANT TO THE TERMS OF THE LEASE THE ANNUAL RENTAL WILL INCREASE TO $2,250.00 PER YEAR OR $562.50 QUARTERLY. WE WOULD ALSO AGAIN REQUEST THAT YOU FURNISH US WITH A COPY OF THE LIABILITY POLICY COVERING THIS PROPERTY AS REQUIRED IN ITEM 5 OF THE LEASE. YOURS TRULY, ~ ri 77~ (MRS.) FAYE S. MARTIN TRUST OFFICER lOB CITY DF CI..ERMDNT P.o. BOX 219. CLERMONT, FLORIDA 32711 . PHONE 904/394-4(111 December 28, 1978 . Hr. C. W. Davis Vice President and Senior Trust Officer Citizens National Bank of Orlando 250 North Orange Avenue Orlando, Florida 32800 Dear Hr. Davis: "" At Its December 26 meeting, the Clermont City Council voted to exercise the option described In Paragraph 12 of the attached lease. This Jetter Is your notice as required by the lease. Sincerely, Gordon TI ffany City Hanager GT:mf Enc I . . i TO: FROM: SUBJECT: DATE: City Counci 1 City Manager Borrow Pit Lease Renewal December 21, 1978 Attached is a copy of our March 11, 1974 lease for the borrow pit. The current lease expires next March, but paragraph 12 grants an option to extend the lease for an additional 5 years, except that the fee increases from $1,800 to $2,250 annua lly. . The borrow pit continues to be an important effluent disposal location. Ad- ditionally, work is underway to evaluate irrigation, as allowed by paragraph 10. I recommend that our option for an additional five years be exercised. & cc: City Clerk (12/26/78 Agenda) .. . . . LEASE THIS AGREEMENT made and entered into this I/ill day of IV/arc lJ 1974, by and between CITIZENS NATIONAL BANK OF ORLANDO, as TRUSTEE (hereinafter referred to as CITIZENS), and the CITY OF CLERMONT, FLORIDA (hereinafter referred to as CLERMONT). WITNESSETH: CITIZENS demises, leases and lets to CLEID10NT the following described real property: The South 310 feet of Government Lot 7, in Section 23, Township 22 South, Range 25 East, in Lake County, Florida. FURTHER, the parties agree as follows: 1. This Lease shall be for a five (5) year term commencing with the fltLI day of tv\tiu ( ~ 1 t'v\^v' { l. , 1974 and ending at midnight on the lOb-, day of , 1979. 2. The rent for this Lease shall be ONE THOUSAND EIGHT HUNDRED AND NO/lOO DOLLARS ($1,800.00) per year, payable in quarterly installments of FOUR HUNDRED FIFTY AND-NO/100 DOLLAR~ ($450.00) in advance, commencing with the Ilf~ day of tv\lw'ch , 1974. 3. The property shall be used only for the disposal of sewage effluent and related activities. Any other use of the property must be approved in writing by CITIZENS. 4. All costs involved in placing the property in a condition for use for sewage disposal including, but not limited to, surveys, fencing and all physical improvements, shall be borne by CLERMONT. 5. From the date this Lease becomes effective, CLERMONT shall keep the leased property insured, at its sole cost and expense, against claims for personal injury or property damage with a policy of general public liability insurance, with limits of at least $500,000.00/$1,000,000.00 for bodily injury and $100,000.00 for property damages. Such policies shall name CITIZENS and CLERMONT as the insureds. Within ten (10) days after the effective date of this Lease, CLE,RMONT shall deliver to CITIZENS certificates of insurance certifying that such insurance is in full force and effect. , HOVIS, BAIRD AND DOUGHERTY, ATTORNEYS AT LAW, 1 WESTGATE PLAZA DRIVE, CLERMONT, FLORIDA 32711 .. . CLERMONT may satisfy the requirements of this paragraph by presenting proof to CITIZENS that CLERMONT'S present insurance policy (or policies) already provides such coverage and further by notifying its insurance carrier of the contents of this Lease Agreement. 6. CLERMONT agrees to hold harmless and indemnify CITIZENS and/or all benefi- ciaries for whom CITIZENS hold the property in trust against all liabilities, damages and other expenses, including attorneys' fees, which may arise as a result of CLERMONT'S use of the property; provided, however, CLEID10NT shall not be liable for damages resulting from the negligence or intentional acts of CITIZENS, its agent or any of the beneficiaries. 7. CITIZENS shall continue to p~y all real property taxes assessed against the property. 8. CITIZENS, with the concurrence of the beneficiaries under the Trus~ it manages, states that it is entering into this Lease Agreement as a service to CLERMONT and the amount of annual rental is in no way an indication of the fair market value of the property. If the subject property shall be condemned under the power of eminent domain by CLERMONT or any other legally constituted authority, this Lease Agreement may not be used in any condemnatio~ proceeding as an indication of fair market value. 9. If the whole of the leased property, or such portion thereof as will make the leased property unsuitable for the purposes herein leased, is condemned for ,any public use or purpose by any legally constituted authority (excluding CLERMONT), or taken by purchase in lieu of condemnation, then in either event this Lease shall cease from the time when possession is taken by such public authority and rental shall be accounted for between CITIZENS and CLERMONT as of the date of the surrender of pos- session and prorated accordingly. Such termination shall be without prejudice to the rights of either CITIZENS or CLERMONT to recover compensation from the condemning authority for any loss or damage caused by such condemnation. Neither CITIZENS nor CLERMONT shall have any rights in or to any award made to the other ~y the condemning authority. If there shall be a partial taking by condemnation, and the remainder of the property can continue to be used for the stated purpose, the rental shall be adjusted accordingly and neither party shall have any rights in or to any award made to the -2- HOVIS. BAIRD AND DOUGHERTY, ATTORNEYS AT LAW, 1 WESTGATE PLAZA DRIVE,CLERMONT. FLORIDA 32711 other by the condemning authority. 10. CLERMONT shall have the option of using all the abutting property presently owned by CITIZENS (as Trustee) for underground or low profile irrigation; PROVIDING that if any citrus fruit should ever be condemned because of such spray, CLERMONT would pay fair value for the condemned fruit. AND PROVIDED FURTHER, that any irrigation system installed by CLERMONT and the . methods and amounts of irrigation must be approved by the grove caretaker employed by CITIZENS. 11. CLEID10NT agrees to post the above described property against trespassers and also to post all abutting property used by CLERMONT. CLEIDI0NT further agrees to patrol the subject property and abutting property being used by CLERMONT as frequently as is reasonable. 12. CLERMONT shall have an option to extend this Lease, upon the same terms and conditions, for an additional period of five (5) years; except, the annual rental for such additional period shall be TWO THOUSAND TWO HUNDRED FIFTY AND NO/lOa DOLLARS ($2,250.00)~ Such option must be exercised in writing not later than sixty (60) days prior to the expiration of the original term. Q - 13. CITIZENS in no way warrants title to the subject property. If CLERMONT desires a title examination, it shall pay for the same. If title is found to be de- fective and such defect cannot be cured within ninety (90) days, CLERMONT may cancel this Lease Agreement. 14. The parties hereto acknowledge that the termination of this Lease may create unique problems. CLERMONT agrees the Lease term, or the renewal thereof, shall in- clude the time required to discharge or dispose of all effluent from the subject property. At the expiration of this Lease, CLERMONT, shall as nearly as possible, surrender the leased property in the condition it was at the beginning of the term. CITIZENS shall have the option whether dirt retaining walls or dikes shall be left . standing or shall be spread at the expense of CLEID10NT. All additions or structures placed on the property by CLEID10NT shall be removed at CLEID10NT'S expense at the written request of CITIZENS. 15. Neither this Lease Agreement nor any of the property rights hereunder may be assigned or sublet by CLERMONT without the written approval of CITIZENS. -3- HOVIS. BAIRD AND DOUGHERTY, ATTORNEYS AT LAW, 1 WESTGATE PLAZA DRIVE, CLERMONT, FLORIDA 32711 . . ,---- - I -.' " 16. Either party breaching any terms or conditions of this Lease Agreement shall be liable for all costs of such breach, including a reasonable attorneys fee. 17. All written notices to CLERMONT shall be mailed to City of Clermont, 1 Westgate Plaza Drive, Clermont, Florida 32711. 18. All rent payments and written notices to CITIZENS should be mailed to CITIZENS NATIONAL BANK OF ORLANDO, TRUST DEPARTMENT, 250 North Orange Avenue, Orlando, Florida 32800. CITIZENS NATIONAL BANK OF ORLANDO .'~~Uf~i/ C. W. DAVIS Vice President and Senior Trust Officer BY: (~unicipal Corporate Seal) CITY OF CLERMONT ~ BY: f!taL~ CLAUDE E. SMOAK, JR. Mayor " ATTEST: iJ.t N'~ k h(;A'4 Jl DO ORES W. CARROLL Clerk STATE OF FLORIDA COUNTY OF LAKE ~~ instrument was acknowledged before me this ~~ day of , 1974, by C. E. SMOAK, JR. and DOLORES W. CARROLL, the Mayor respectively of the City of Clermont, Florida, a municipal corporation Florida, on behalf of said municipal corporation. ~ /I.. k..A ,,f- Notary Public ~ My Commission Expires: . NOlARY PUlll.1C STATE OF flORIDA AT I.Ar-CE MY COMMISSION EXPIRES OCT. 19, 1?:'6 ",., ... ..". ... STATE OF FLORIDA COUNTY OF ORANGE The foregoing instrument was acknowledged before me this II+~ day of tv\l'vrt., , 1974, by C. W. DAVIS, Vice President and Senior Trust Officer of Citizens National Bank of Orlando, Orlando, Florida, a United States 'corporation, on behalf of said corporation. p~~ Notary Public . My Commission Expires: Notary Public.. State of Florida ot lorte". ~4_commlSSion Expires Jan. 9, 1978 HOVIS, BAIRD AND DOUGHERTY, ATTORNEYS AT LAW, 1 WESTGATE PLAZA DRIVE, CLERMONT, flORIDA 32711