The contract is a lease agreement between the Board of County Commissioners of Bay County, Florida, and the Northwest Side Volunteer Fire Department for the use of property at 2311 Michigan Avenue, Panama City, FL 32405. The lease is for a term of one year, with automatic renewal for an additional year unless terminated by either party. The lessee agrees to pay $1.00 per year in rent and is responsible for paying any ad valorem taxes assessed against the property. The key aspects of this contract include:
• Lease term: 1 year with automatic renewal
• Rent: $1.00 per year
• Property location: 2311 Michigan Avenue, Panama City, FL 32405
• Lessee responsibilities: payment of rent and ad valorem taxes
• Lessor: Northwest Side Volunteer Fire Department