Burnt Mill Creek Boat Ramp

This contract is a lease agreement between the Board of County Commissioners, Bay County, Florida, and St. Joe Timberland Company of Delaware, L.L.C. for a 1.55 acre parcel of land in Bay County, Florida, to be used as a boat ramp. The lease term is 25 years, and the rent is $10.00 per year, plus ad valorem, sales, and any other applicable taxes. The contract includes provisions for utilities, maintenance, and insurance, and outlines the responsibilities of both the Tenant and the Landlord. • The lease term is 25 years, with an option for earlier termination by either party with 90 days' written notice. • The rent is $10.00 per year, plus ad valorem, sales, and any other applicable taxes. • The Tenant is responsible for obtaining and paying for utilities and services, and for maintaining the property in a clean, neat, and sanitary condition. • The Landlord is not liable for any claims, damages, or injuries arising from the Tenant's operations on the property. • The contract includes provisions for insurance, with the Tenant required to maintain general comprehensive liability insurance with a combined single limit of liability of not less than $2,000,000.00 per occurrence.