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1st Extension 04/19/2000 1!lannp lL. i&olbage BRANCH OFFICE 3117 OVERSEAS InGHWA Y MARATIlON, FLORIDA 33050 TEL (305) 289-6027 FAX (305) 289-1745 MEMORANDUM CLERK OF THE CIRCUIT COURT MONROE COUNlY 500 WHITEHEAD STREET KEY WEST, FLORIDA 33040 TEL. (~05) 292-3550 FAX (305) 295-3660 BRANCH OFFICE 88820 OVERSEAS InGHWAY PLANTATION KEY, FLORIDA 33070 TEL. (305) 852-7145 FAX (305) 852-7146 DATE: April 28, 2000 TO: Peter Horton, Director Monroe County Airports 1j ~f " ATTN: Bevette Moore Airport Business Administrator Pamela G. Hanco~ Deputy Clerk U FROM: At the April 19, 2000, Board of County Commissioner's meeting the Board approved and authorized execution of the following: 1. / Addendum to Lease between Monroe County and Diane M. Heberle for the gift shop at the Key West International Airport. _ 2. Renewal Agreement between Monroe County and Avis Rent A Car System for a concession at the Marathon Airport. Attached please find a copy of Diane M. Heberle's Agreement and a duplicate original of Avis Rent A Car's Agreement for your handling. Should you have any questions please feel free to contact our office. Cc: County Administrator w/o document County Attorney Finance File I LEASE EXTENSION AGREEMENT This Lease Extension Agreement is entered into on this /9 day of April, 2000, by and between Monroe County, a political subdivision of the State of Florida (Lessor) and Diane M. Heberle d/b/a The Airport Gift Shop,a'partnership organized and existing under the Laws of Florida(Lessee). WITNESSETH: WHEREAS, on November 10, 1993, the Lessor and Lessee entered into a lease whereby the Lessee was to operate a gift shop at Key West International Airport and, which lease is scheduled to expire on September 30, 2000;and WHEREAS, the parties have determined that it is in their mutual beneficial interest to extend the 1993 lease for an additional 16 years; now,therefore, IN CONSIDERATION of the mutual covenants and promises set forth below, the parties agree as follows: Section 1. A copy of the November 10, 1993 lease (the original lease) is attached to this ° lease extension agreement and made a part of it. Section 2. Article II- Term, of the original lease, is modified to extend the termination date to September 30, 2016. Section 3. Article III - Rentals and Fees, subparagraph Al of the original lease, is modified to increase the per square foot rental amount to $40.93. 1 • Section 4. Article III - Rentals and Fees, subparagraph A2 of the originals isdiad - to remove the exemption of the first $25,000 from the requirement that Lessee pgst`[ ssgrv5/ of Lessee's:annual gross revenues. Five percent of all Lessee's annual gross revenues must Evegizigl totes^'. Section 5. Except as provided in sections 2 - 4 of this lease extension agre , in�ll,ozr respects the terms and conditions of the original lease remain in full force and effect. rn-• . ,,o. ,0 4, h 9IITNESS WHEREOF, the parties hereto have set their hands and seals the day and year `Bfm3t�`ataoi��h'#1en. X`�1 BOARD OF COUNTY COMMISSIONERS '\AtiiSt?):64140 L. KO AGE, CLERK OF MONROE COUNTY, FLe ,',IDA By ;:<�. ByCS1hWe*N„) AZILiVAlts Deputy Clerk Mayor/Choi erson ATTEST: THE A RPORT GIFT SHOP By By. .Edit'..( G%/ //e—ha Diane M. Heberle, Lessor jdairportgift APPROVED AS TO FO M AND AL SUFFICI BY tTON NNE .