Sandy Creek Boat Ramp

This contract is a lease agreement between Bay County, Florida, and St. Joe Timberland Company for a 1.46-acre parcel of land in Bay County. The lease is for a term of 25 years, commencing on April 15, 2000, and ending on April 14, 2025. The property will be used to establish a recreational public boat ramp. The annual rent is $1.00, plus applicable taxes. The tenant, Bay County, is responsible for maintaining the property and obtaining necessary utilities and services. The landlord, St. Joe Timberland Company, is not liable for any damages or losses incurred by the tenant. Some key points of the contract include: • The lease term is 25 years. • The annual rent is $1.00, plus applicable taxes. • The tenant is responsible for maintaining the property and obtaining necessary utilities and services. • The landlord is not liable for any damages or losses incurred by the tenant. • The tenant must maintain insurance coverage for the property. • The lease can be terminated by either party with 90 days' written notice.