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016-Old Experiment Stationa Commission�Manager Plan March 26, 1974 WARREN E. KNOWLES CITY MANAGER Mr. Hubert 0. Bagwell c/o Seaboard Coast Line Railroad Company Post Office Box 999 Sanford, Florida 32771 Re : Lease -- Old Experiment Station Property. Dear Mr. Bagwell: Zip CODE 32771 P. O. Box 1778 300 NORTH PARK AVENUE This is a letter of agreement to record our conversation of this date for an extension of a lease on this city -owned land. The original lease was dated March 1, 1971. The terms and conditions of the original lease are hereby extended for the period from March 1, 1974 to October 1, 1974. Due to the differing length of the lease, Mr. Bagwell shall pay $125.00 for advance rent for this period to October 1, 1974. On October 1, 1974, the lease shall be reviewed for re- newal to March 1, 1975, depending upon the wishes of the City Commission as expressed in their annual budget for the use of this property. If the City Commission designates this land to be used, the lease shall not be extended beyond October 1, 1974. Very truly yours, CITY F SANFORD W. Knowles City Manager WEK /mjh c/c Finance Director, H. N. Tamm, Jr. LEASE THIS LEASE, made and entered into as of the 1st day of March, A. D. 1971, by and between CITY OF SANFORD, FLORIDA, a municipal corporation, hereinafter called Lessor, and HUBERT O. BAGWELL, hereinafter called Lessee, WITNESSETH: For and in consideration of the covenants hereinafter contained on the part of Lessee to be kept and performed, as well as the rentals hereinafter specified, Lessor does by these presents lease and demise unto Lessee, the following described property lying and being in Seminole County, Florida, to-wit: The South 628 feet of Lot 22 and the East 114 feet of the South 628 feet of Lot 23 in Pace Acres, according to plat thereof recorded in Plat Book 3, page 21, Seminole County Public Records. TO HAVE AND TO HOLD the leased premises unto Lessee for a period of one (1) year beginning on the Ist day of March 1971 and ending at midnight on the last day of February, 1972; the Lessee yielding and paying therefor a total rental, in advance, of Two Hundred Fift;r Dollars ($250.00), together with applicable Florida State Sales Tax. AND the parties hereto do further agree each with the other as follows: I. Ad valorem taxes on the real property, if any, shall be paid by Lessee. 2. Lessee shall have the use and utilization of the greenhouse and small. 18.x_ 20 ft. garage located on the demised premises with t-- right at the end of the term hereof, at the sole cost and expense of Lessee, to remove the greenhouse from the property; provided, however, Lessee in the event of such contingency, will leave the demised premises in a clean and sanitary condition free of any d -bris as a result of said removal, HUTCHISON & LEFFLER, ATTORNEYS at LAIN, PARK FULTON 3UIL DING, SANFORD, FLORIDA 32771 3. Lessee agrees to utilize the demised premises for agricultural purposes and in connection therewith, shall fully maintain said property free of debris, weeds, ' trash or other deleterious materials. 4. Lessee will not construct any building on the demised premises without the express written permission of Lessor. 5. Either of the parties hereto may cancel this lease upon delivery to the other of thirty (30) days' written notice of such intent to cancel, such notice to be delivered thirty (30) days in advance of such cancellation date. In the event of cancellation by Lessor, the rental herein paid in advance will be pro -rated over the remaining life of the lease. In the event of cancellation by Lessee, there shall be no pro- ration of the remaining rentals. In the event Lessee has a crop on the demised premises at the time Lessor should exercise its right to cancel, then in that event, the date of such cancellation shall be extended until such crop can be harvested, all according to good husbandry practices maintaining in the area. 6. Lessee at his expense shall provide public liability and property damage insurance in such companies and such sums as are .acceptable to Lessor, naming Lessor as co- insured, and in addition thereto, Lessee covenants to render Lessor harmless from any and all claim or demand by any persons whomsoever resulting from the use and occupancy of the demised premises by Lessee. 7. Subject to the option provision hereinafter stated, Lessee agrees to quit and surrender said premises in good condition at the end of the term hereof. 8. Lessor at its option shall have the right, consequent upon any default and after notice to Lessee, to enforce its rights under this .lease by specific performance or otherwise. 9. Lessee agrees to commit no waste on the demised premises and to conduct no unlawful, immoral, noxious or offensive business thereon. -2- 10. In the event, within thirty (30) days prior to the end of the term hereof, Lessee is not in default, then in that event Lessee is granted during said thirty (30) day period the option, upon written notice, to renew this lease for an additional period of one (1) year upon the same terms and conditions as are herein stated. 11. This lease shall be binding upon the heirs, successors and administrators of the parties hereto. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals on the day and year first above written. Witness: CITY OF S FO D, FLORIDA Mayor Attest Cie � Lessor, ._ 7. 6 Z�6-c' 1 'Hubert O. Bagwell Lessee. -3- HUTCHISON P LEFFLER, ATTORNEYS at LAN /, PARK FULTON BUILDING, SANFORD, FLORIDA 32771