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FY2006-FY2008 3rd Renewal 09/20/2006 DANNY L. KOLHAGE CLERK OF THE CIRCUIT COURT DATE: February 27, 2007 TO: Reggie Paros, Director Housing & Community Development Florida Keys Marathon Airport Manager FROM: Stacy DeVane, Executive Assistant Pamela G. Han~ Deputy Clerk 0 ATTN: At the September 20,2006, Board of County Commissioner's meeting the Board granted approval and authorized execution of a Lease Renewal Agreement between Monroe County and Florida Keys Mosquito Control District for certain premises at the Florida Keys Marathon Airport. Enclosed is a duplicate original of the above-mentioned for your handling. Should you have any qmlstions please do not hesitate to contact this office. cc: County Attorney Finance File/ LEASE RENEWAL AGREEMENT This lease renewal is made and entered into by MONROE COUNTY, a political subdivision of the State of Florida, and whose address is Gato Building, 1100 Simonton Street, Key West, FL 33040, hereafter County; and FLORIDA KEYS MOSQUITO CONTROL DISTRICT, an independent special district, whose address is 5224 College Road, Key West, FL 33040, hereafter FKMCD. WHEREAS, in a lease dated October 17, 1986, amended on June 27, 1989, amended on October 5, 1996, and amended on June 15, 2002, (Original Lease) the County leased certain premises at the Marathon Airport to the FKMCD for its aircraft used for aerial spraying; and WHEREAS, the parties desire to extend the original lease for an additional two years; and WHEREAS, the original lease was silent as to the disposition of the leasehold improvement, hereafter known as the Marathon Airport Facility including aircraft hangar, administrative offices and laboratory, erected during the term of the lease, and WHEREAS, the parties wish to clarify their respective rights and obligations with respect to the Marathon Airport facility; NOW, THERFORE IN CONSIDERATION of the mutual covenants detailed below, the parties agree as follows: I. The term of the Original Lease is extended for an additional two years, commencing on October 1, 2006 and ending on September 30, 2008. Upon providing notice 30 days prior to expiration of the lease extension on September 30, 2008, FKMCD has the option of extending the lease an additional 2 years commencing on October 1, 2008 and terminating on September 30,2010. 2. The rent for the term of the lease renewal agreement is $671.36 per month payable on the first business day of each month. 3. Upon expiration of this lease renewal agreement on September 30, 2008, the Marathon Airport Facility including aircraft hangar, administrative offices and laboratory, shall become the property of Monroe County. 4. In exchange for relinquishing all rights, claims and legal title to the Marathon Airport Facility, FKMCD will receive one-half (50%) of the monthly rent collected by the County for use of the aircraft hangar for a period of5 years beginning October 1,2008 and terminating on September 30,2013, said use to be rented as determined to be in the best interests of the County. However, in the event that the FKMCD exercises its option to renew for an additional 2 year period, the rents shall be split from October 1,2010 through September 30,2015. 5. In all other respects, the terms and conditions of the original lease remain in full force and effect. 6. This lease renewal agreement will take effect on the date of the signature of the last party to execute the agreement. (SEAL) AT~DANNYto KOLHAGE, CLERK B~'~{~' ~ Deputy Clerk Date SEP 2 0 2006 BOARD OF COUNTY COMMISSIONERS :~JW~A Mayor/Chairperson FLORIDA KEYS MOSQUITO CO BOARD (SEAL) ATTEST: By c:~.JJj.,~~ A.A..Pt11!-- By Director Date Z. - "}/- t'1 tjd7 :?: ....., 0 =0 .." C) =0 ;z )> .... :;;0 Z ..., ;71 on:;!:: ,..., M'-'" c:o o::J ~ , n:"" r N -" on- -.I .::J c::::::::< ;0 ,,"-. . J:D :.:t; --f C-) ~,,: 3: r'q :<:-l ~.~- " ..,.., -...' 9? C) r C) :;;0 ):> rrJ eN CJ N