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Contract 2023-066A2023-066A FIRST AMENDMENT TO LEASE Q THIS FIRS AMENDMENT TO LEASE (the "First Amendment") is entered into this day of �ti , 2023 by and between THE CITY OF CLERMONT, a municipal corpora on, existing under the laws of the State of Florida, whose address is 685 West Montrose Street, Clermont, Florida 34711 ("Lessee"), and the SCHOOL BOARD OF LAKE COUNTY, FLORIDA, a political subdivision of the State of Florida, whose address is 201 West Burleigh Blvd., Tavares, Florida 32778 ("Lessor"). WITNESSETH: WHEREAS, Lessee and Lessor are parties to that certain Agreement (the "Lease Agreement"), dated August 10, 1998 for certain real property used and maintained use by the Lessee for public park purposes and commonly known as McKinney Park (the "Premises"); WHEREAS, the Lease Agreement terminates by expiration on or about June 30, 2023; WHEREAS, Lessee and Lessor are negotiating and intend to enter into a purchase and sale agreement whereby Lessee will purchase the Premises from Lessor; and WHEREAS, Lessor and Lessee desire to amend and modify certain terms and conditions of the Lease Agreement as set forth below. NOW, THEREFORE, the parties hereto do hereby agree, in consideration of the above, and the promises and undertakings hereinafter set forth, as follows: 1. The above recitals are true and correct and are incorporated herein as if set forth below. 2. This First Amendment expressly modifies the Lease and in the event of a conflict, the terms and conditions of this First Amendment shall prevail. 3. Paragraph 2 of the Lease Agreement, therein identified as "Term", is hereby amended to be replaced in its entirety by the following: 2. Term. The Lease Term shall be extended and remain in effect until June 30, 2024 or until such time as the Lease is terminated as provided herein or the Lessee acquires ownership of the Premises. 4. Paragraph 3 of the Lease Agreement, therein identified as "Termination", is hereby amended to be replaced in its entirety by the following: 3. Termination. The Lease Agreement may be terminated at any time by either party, with or without cause, by delivering written notice to the non -terminating party no less than thirty (30) days prior to the effective date of such termination. 5. Paragraph 6 of the Lease Agreement, therein defined as "Lease Payment", is hereby amended to be replaced in its entirety by the following: 6. Lease Payment. Lessee shall pay to Lessor the sum of One Dollar (S 1.00) each year, payable in advance of the next lease year. 6. This First Amendment and the Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors, heirs, and assigns. 7. This First Amendment may be executed in one or more facsimile or original counterparts, each of which shall be deemed an original and both of which together shall constitute one and the same instrument. 8. All other terms and conditions set forth in the Lease shall remain in full force and effect and unchanged as agreed to by the parties. From and after the Effective Date, all references to the term "Lease" in this First Amendment and in the Lease shall include the terms contained in this First Amendment. IN WITNESS WHEREOF, the parties have executed this Agreement on and as of the dates set forth below. CITY OF CLERMONT, FLORIDA ATTEST: By: By: Tracy Ackroyd Howe, City Clerk Tim Murry, Mayor Date: SCHOOL BOARD OF LAKE COUNTY, FLORIDA ATTEST: By: By: Diane . Komegay, Su rintendent �S W i 11 town J. i'b14�`rd Date: member 5. Paragraph 6 of the Lease Agreement, therein defined as "Lease Payment', is hereby amended to be replaced in its entirety by the following: 6. Lease Payment. Lessee shall pay to Lessor the sum of One Dollar ($1.00) each year, payable in advance of the next lease year. 6. This First Amendment and the Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors, heirs, and assigns. 7. This First Amendment may be executed in one or more facsimile or original counterparts, each of which shall be deemed an original and both of which together shall constitute one and the same instrument. 8. All other terms and conditions set forth in the Lease shall remain in full force and effect and unchanged as agreed to by the parties. From and after the Effective Date, all references to the term "Lease" in this First Amendment and in the Lease shall include the terms contained in this First Amendment. IN WITNESS WHEREOF, the parties have executed this Agreement on and as of the dates set forth below. ON By ;' ATTEST: By: M4 City Clerk Diane S. Komegay, Superintendent CITY OF CLERMONT, FLORIDA By: Tim M7f7yo", Date: _ % Zta Z3 SCHOOL BOARD OF LAKE COUNTY, FLORIDA �0 Marc Dodd, Chairperson Date: FIRST AMENDMENT TO LEASE THIS FIRST AMENDMENT TO LEASE (the "First Amendment') is entered into this 3 day of } �) n (2--, , 2023 by and between THE CITY OF CLERMONT, a municipal corporation, existing under the laws of the State of Florida, whose address is 685 West Montrose Street, Clermont, Florida 34711 ("Lessee"), and the SCHOOL BOARD OF LAKE COUNTY, FLORIDA, a political subdivision of the State of Florida, whose address is 201 West Burleigh Blvd., Tavares, Florida 32778 ("Lessor"). WITNESSETH: WHEREAS, Lessee and Lessor are parties to that certain Agreement (the "Lease Agreement'), dated August 10, 1998 for certain real property used and maintained use by the Lessee for public park purposes and commonly known as McKinney Park (the "Premises"); WHEREAS, the Lease Agreement terminates by expiration on or about June 30, 2023; WHEREAS, Lessee and Lessor are negotiating and intend to enter into a purchase and sale agreement whereby Lessee will purchase the Premises from Lessor; and WHEREAS, Lessor and Lessee desire to amend and modify certain terms and conditions of the Lease Agreement as set forth below. NOW, THEREFORE, the parties hereto do hereby agree, in consideration of the above, and the promises and undertakings hereinafter set forth, as follows: 1. The above recitals are true and correct and are incorporated herein as if set forth below. 2. This First Amendment expressly modifies the Lease and in the event of a conflict, the terms and conditions of this First Amendment shall prevail. 3. Paragraph 2 of the Lease Agreement, therein identified as "Term", is hereby amended to be replaced in its entirety by the following: 2. Term. The Lease Term shall be extended and remain in effect until June 30, 2024 or until such time as the Lease is terminated as provided herein or the Lessee acquires ownership of the Premises. 4. Paragraph 3 of the Lease Agreement, therein identified as "Termination", is hereby amended to be replaced in its entirety by the following: 3. Termination. The Lease Agreement may be terminated at any time by either party, with or without cause, by delivering written notice to the non -terminating party no less than thirty (30) days prior to the effective date of such termination. 5. Paragraph 6 of the Lease Agreement, therein defined as "Lease Payment", is hereby amended to be replaced in its entirety by the following: 6. Lease Payment. Lessee shall pay to Lessor the sum of One Dollar ($1.00) each year, payable in advance of the next lease year. 6. This First Amendment and the Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors, heirs, and assigns. 7. This First Amendment may be executed in one or more facsimile or original counterparts, each of which shall be deemed an original and both of which together shall constitute one and the same instrument. 8. All other terms and conditions set forth in the Lease shall remain in full force and effect and unchanged as agreed to by the parties. From and after the Effective Date, all references to the term "Lease" in this First Amendment and in the Lease shall include the terms contained in this First Amendment. IN WITNESS WHEREOF, the parties have executed this Agreement on and as of the dates set forth below. "ATTE , + . r By: Tracy Ackroyd Howe, City Clerk ATT;omeg By:.� DSuperintendent CITY OF CLERMONT, FLORIDA C.� By: Tim Murry, Mayor Date: = a P SCHOOL BOARD OF LAKE COUNTY, FLORIDA By: Date: —� a -a �ii1�i U wlat rL