Office UNITED STATES DEPARTMENT OF THE INTERIORBUREAU OF OCEAN ENERGY MANAGEMENT LEASE OF SUBMERGED LANDS FOR RENEWABLE ENERGY ACTIVITIES ON THE OUTER CONTINENTAL SHELF Herndon, VA Lease Number OCS-A 0495 Rental Rate $3 per acre per yearLease of Submerged Lands for Renewable Energy Activities • May 27th, 2014
Contract Type FiledMay 27th, 2014This lease is made under the authority of Section 43 U.S.C. 1337, subsection 8(p) of the Outer Continental Shelf Lands Act of August 7, 1953 (43 U.S.C. 1331 et seq.), as amended, (hereinafter called the "Act"), between the United States of America, (hereinafter called "Lessor") acting through the Bureau of Ocean Energy Management, its authorized officer, and Florida Atlantic University Board of Trustees (hereinafter called "Lessee"). In consideration of the promises, terms, conditions, covenants, and stipulations contained herein or attached hereto, the parties mutually agree as follows: