ASSIGNMENT OF LEASES
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RE-2426l
THIS AGREEMENT OF ASSIGNMENT, Made and entered into this ~ day
of ~. ,1911, be tween the SEABOARD COAST LINE RAILROAD COMPANY, a
Vir~ia corporation, hereinafter referred to as "SCL", and the CITY OF CLEARWATER,
a municipal corporation under the laws of the State of Florida, hereinafter
referred to as "City", WITNESSETH,
WHEREAS, . by deed da ted G\ /1 ~ 1- , q 1 D , SCL conveyed to
the City a 2.61-acre parcel of la~ th~ CJUty of tlearwater, County of Pinellas,
State of Florida, as particularly described in said deed; and
WHEREAS, prior to the conveyance of said land, the former Atlantic
Coast Line Railroad Company, now Seaboard Coast Line Railroad Company, leased
portions of said land by agreement., viz: (8) agreement dated March 16, 1959,
between the former Atlantic Coast Line Railroad Company and William C. Kravas,
of Clearwater, Florida, trading as Loop Parking, (b) agreement dated December 20,
1965, as supplemented, between the former Atlantic Coast Line Railroad Company
and Snow-Flakes, Inc., and (c) agreement dated June 7, 1966, as supplemented,
betw~en the former Atlantic Coast Line Railroad Company and Pinellas Produce,
Inc., the originals of which agreements are attached to the duplicate-original
of this agreement, with copies thereof attached to the original of this agreement;
and
WHEREAS, pursuant to agreement dated August 11, 1969, as supplemented,
between the parties hereto regarding, among other things, the terms and conditions
of the sale of said 2.61-acre parcel of land, SCL agreed to assign its interests
in said agreements to the City,
NOW THEREFORE, in consideration of the sum of One Dollar by each of
the parties hereto paid to the other, the receipt of which is hereby acknowledged,
and in further consideration of the premises and of the covenants and agreements
herein contained, to be kept and performed by the parties hereto, it is mutually
agreed as follows, to wit'
1. Effective ~ ~ \ I I ~ I') \ , the aforesaid agree-
ments shall be and are h'8iQby assigned by SCL to the. CitYJ it being understood
and agreed that the City shall be entitled to receive the rental as set forth
in said agreements subsequent to the effective date of this aS8ignment.
2. The City hereby agrees, as of the effective date of this assign-
ment, to assume all of the re.pon.ibilities of SCL pertaining to the lease of
said portions of land as provided in said agreements.
It is understood and agreed that this agreement shall not be binding
until it has been authorized or ratified by a proper ordinance or resolution of
the City Commission of the City of Clearwater, Florida, a certified copy of
which ordinance or resolution is attached hereto and made part of this agreement.
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OS -DOi, (C (D) (J!/
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, Sheet 2
IN WITNESS WHEREOF the parties hereto have executed this agreement in
duplicate the day and year first above written.
Witnesses for SCL:
SEABOARD COAST LINE RAILROAD COMPANY- .
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Witnesses for the City:
. (L.S~)
Attest
Approved as to !orm & correctness:
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City Attor oj.
By
(L.S.)
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