The contract is a 50-year lease agreement between the Board of County Commissioners of Bay County, Florida, and the Bear Creek-Youngstown Volunteer Fire Department for a fire station located at 11711 Highway 231, Youngstown, FL 32466. The lease is for the exclusive use and occupancy of volunteer fire department operations and public use, including a voting precinct, community and civic club meetings. The lessee agrees to pay an annual rent of $1.00 and to pay any ad valorem taxes assessed against the property. The key points of this contract include:
• The lease term is 50 years, with an option to renew for an additional year
• The annual rent is $1.00
• The lessee is responsible for paying ad valorem taxes
• The lease is for the exclusive use and occupancy of volunteer fire department operations and public use
• The lessee has no obligation to replace vehicles that are damaged or destroyed