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01/17/1996 Agreement lEASE AGREEMENT THIS LEASE is made and entered into on the 11'f;,{~ay Of~, 1996, by and between the COUNTY OF MONROE, a political subdivision of the State of Florida, hereinafter referred to as Lessor. and STEPHEN P. TURCO, hereinafter referred to as Lessee, whose address is 1535 5th Street, Key West, Florida. IN CONSIDERATION of the mutual covenants, promises and premisest"lerein containe4, - ~ ,- 0"1 the parties hereto agree as follows: ,'] ...., rr1 .." co ... The Lessor of these presents leases unto the Lessee a ~cel of land at the Key West International Airport, Key West. Monroe County, Florida, measurin~5 fe~~ I::':) in width and 42 feet in depth, as shown on Exhibit A (property map) which is attaches'ere~ ,._.~.... \__.J 1. PREMISES. and made a part hereof. 2. TERM. The above-described premises are leased to the Lessee for a term of twenty (20) years from date hereof. 3. RENT. The Lessee hereby covenants and agrees to pay to the Lessor rent in the sum of One Hundred Forty-nine and 63/100 Dollars ($149.63) per month, plus sales tax, or One Thousand Seven Hundred Ninety-five and 56/100 Dollars ($1795.56) per year, plus sales tax, for the use of said premises during the term of this lease, said rent to be payable in advance on the first day of each year during said term. term of this lease, said rent to be payable in advance on the first day of each month or the first day of each year, respectively, during said term. The rental charge for the term may be adjusted annually in accordance with the percentage change in the Consumer Price Index (CPI) for Wage Earners and Clerical Workers in the Miami. Florida, area index, and shall be based upon the annual average CPI computation from January 1 through December 31 of the previous year. Rental charge for any lease extension shall be determined pursuant to Exhibit B FAA Required Lease Clause No.1, paragraph 2. If Lessee places a new hangar or any other new improvements on the leased land, those improvements, become the property of the Lessor at the end of the lease. If improvements are not new when placed on the premises, the age of the improvements shall be established and when that used hangar or other reaches 20 years of age, both the hangar or other improvement and the underlying land shall be reappraised. Ten percent (10%) of "fair market value" of the premises with improvements becomes the base rent for the remainder of the lease and option periods. 4. LESSOR'S COVENANTS. The Lessor hereby covenants and agrees with the Lessee as follows: A. The Lessee shall erect an aircraft hangar on the leased premises within one (1) year of the beginning date of this lease. B. The Lessee shall have the right to occupy the aircraft hangar located on the leased premises. C. The Lessee shall have reasonable ingress, egress and access privileges to the leased premises. D. No commercial activity shall be performed on the premises. E. Maintenance of improvements are the responsibility of Lessee. F. The Lessee, on keeping the covenants and agreements by him herein contained, shall have quiet and peaceful enjoyment of the demised premises without any interruptions by the Lessor, or by any person or persons claiming by, through or under it. 5. LESSEE'S COVENANTS. The Lessee hereby covenants and agrees with the Lessor as follows: A. To pay the Lessor the rent at the times and in the manner provided for by this lease. B. That no construction mortgage or lien of any nature will be placed upon the hangar located on the leased premises. 2 C. That the said hangar shall be used only for the purpose of housing airplanes and providing for the care, repair and maintenance of such privately owned aircraft. D. To pay all utilities, including gas, electricity, water and garbage disposal charges, if any, as well as all installation charges that may be required for any such utilities. E. To make no improper or unlawful or offensive use of said premises, and to permit the Lessor or its agents to inspect the leased premises at all reasonable times for the purpose of viewing the condition thereof. F. The Lessee agrees to indemnify and hold the Lessor harmless from any and all claims for bodily injury (including death), personal injury, and property damage (including property owned by Monroe County) and any other losses, damages, and expenses (including attorney's fees) which arise out of, in connection with, or by reason of services provided by the Lessee or any of its Contractors, occasioned by the negligence, errors, or other wrongful act or omission of the Lessee or its Contractor(s), their employees, or agents. The extent of liability is in no limited to, reduced, or lessened by the insurance requirements contained elsewhere within this agreement. Prior to commencement of work/occupancy governed by this agreement, the Lessee shall obtain General Liability Insurance. Coverage shall be maintained throughout the life of this agreement and included, as a minimum: Premises Operations Products and Completed Operations Blanket Contractual Liability Personal Injury Liability Expanded Definition of Property Damage The minimum limits acceptable shall be: $300,000 Combined Single Limit (CSL) If split limits are provided, the minimum limits acceptable shall be: $100,000 per Person $300,000 per Occurrence $ 50,000 Property Damage 3 An Occurrence Form policy is preferred. If coverage is provided on a Claims Made policy, its provisions should include coverage for claims filed on or after the effective date of this agreement. In addition, the period for which claims may be reported should extend for a minimum of twelve (12) months following the acceptance of work by the County. The Monroe County Board of County Commissioners shall be named as Additional Insured on all policies issued to satisfy the above requirements. 6. MUTUAL COVENANTS. It is mutually covenanted and agreed by and between the Lessor and the Lessee as follows: A. That at the expiration of the term of this lease, the Lessee will quietly and peaceably deliver up possession of the leased premises, including the aircraft hangar located thereon. B. This lease shall be binding upon the parties hereto, their successors, executors, administrators and assigns. Any assignment of this lease shall not become effective until approved in writing by Lessor. Any assignment shall extend no longer than the term remaining under this Agreement. The premises may be sub-let with the BOCC approval. C. This lease shall be automatically canceled, and the title to the improvements on the leased premises shall revert to the Lessor should the Lessee fail to occupy the premises or there is evidence that the premises are abandoned for a continuous period of any six (6) months during the term of this lease, notwithstanding anything contained in paragraph 1 herein. D. The Lessor shall, upon thirty (30) days written notice to the Lessee, have the right to terminate this lease. 7. FUTURE AIRPORT DEVELOPMENT. Lessee shall. upon thirty (30) days written notice from Lessor, abandon said leased premises if the land is required to accommodate future airport development or for any other reason as determined by the FAA and Lessor. 4 8. COMPLIANCE WITH LAWS. Both parties shall comply with all federal. state and local laws governing the activities under this lease. Lessee covenants that he shall maintain and operate and use the premises in compliance with 49 CFR. Part 21. Nondiscrimination in Federally Assisted Programs of the Department of Transportation. as said Regulations may be amended. More particularly. Lessee covenants that: a) no person on the grounds of race. color. national origin. or sex shall be excluded from participation in. denied the benefits of. or be otherwise subjected to discrimination in the use of the premises; and b) in the construction of any improvements on the premises and the furnishing of services thereon. no person on the grounds of race. color. national origin. or sex shall be excluded from participation in. denied the benefits of. or otherwise be subjected to discrimination. 9. FAA REQUIREMENTS. The parties shall comply with FAA Required Lease Clauses. which are listed in Exhibit" B." attached hereto and made a part hereof. IN WITNESS WHEREOF. the parties hereto have caused these presents to be executed on the day and year first above written. (SEAL) ATTEST: DANNY L. KOLHAGE. CLERK BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY. FLORIDA B~~~~4f.; Dep C1e By ct~-F~~ Mayor!. airman Witness . - 5 .' "..5'....',. . II . I 0' .4. . ~~ " ....... I 8!Vl +: " ~i~ 4.1~ ~cn I -".- ,,4, EXHIBIT llAll I ,..,~.,...,..,;, -- -~& .,...J ''''-''-''.-.,..-'- <t Z 0::0 wa:: Za.. ~<( 4(!) . ! ' ';.":"~. .-:.:.....~ ..1.......*-."l'L.." A'-". ...... .. '.. \ , ,. t.:1z I \ Z 0 <{ - l- ll: W <( - z >. I ... ~ I f~ - i 1 , " , I I I I I L I '. -! ~ ~ . I .~f)Q _'" .... . . I ~ CJ..... "-f:f:t: CIJ ~ tq: "':IT ~. ~CrJ ~~ . ~ s.., [;S f i? I: h l ~ 1(rJ ''''-.... i- ~OJ ~ ,:g 4::ff 67~ . , "-'tJ ' '-J 0 Ot..:) ~,.f~ I, , ~ '..:) I. fq '[}:J~ ! ..., I ; ~ . . e. .. 111. " : l:: :'J1 ". ~' I I j I I I , . o I ,[] / I I; . ~{~.L '. .:r-.... I I I :~: ..i~j "l[l, :~~I$:' [)"'~:, O '~.,',; '~f rt~~~ ',' "':'.'. . ~,;..;;..; .~t&;:, ~~,,~~, C!>J$; , Hft>i(. z~.....,. ~~~~~. . ->'J.!:; '}~,: ~~~ .....'fJ".: c~'" , ";),;1/.,0" ':~,:: ,~,~. .'.t~,: . ""'Jt" .. ,Ii .~@, .~. . 'I. f , -.. . , \ ... -' ~.:J. ,,,,,t ~ ~();' ':;~;' ~y..: ~r.'.::.' . ....,... 11:. ; If) ., ~;.:; r-1..... -sr 4;,,- -...,;. . ",,,". . llI.j(' Ul_"~ .~'.J.., ~k.~" ~~ti: .,.....-. ... :... ..... ...;:.'. '3. EXHIBIT "B" 4- - ~ FAA REQUIRED LEASE CLAUSES , " l~- This lease shall be ~ubject to review and re-evaluation at the end of each ~ year period, by the airport owner and the rent may be adjusted according to their action, not to exceed the Consumer Price Index rate during ttle"last ~ month period, or; Land less improvements ~ill be appraised every 5 years and the adjusted rental will be based'on normally 10-12 percent of appraised value. If disputed, lessor obtains appraisal at his expense and les~or/lessee equally share expense for review appraisal' that establishes fair market value. 2. The tenant for himself, his ,personal representatives, successors in interest, and assigns, as a part of the consideration hereOf, does hereby covenant and agree that (1) no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of said facilities, (2) that in the construction of any improvements on, over or under such land and the furnishing of services thereon, no person on the grounds of race, color, ~r national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination, "(3) that the tenant shall use the premises in compl~ance with all other requirements imposed by or purshant to Title 49, Code of Federal , Regulations, Department ofTransporta~ton, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in Federally-assisted programs of the Department of Transportation-Effectuation of Title 'VI of the civil Rights Act of 1964, and as said Regulations may be amended. ' That in the event of breach of any of the above nondiscrimination covenants, Airport Owner shall have the right to terminate the lease and to re-enter and:{~ if said lease had never been made or issued. The . provision shali not be effective until the procedures ~ ' of Title 49, Code of Federal Regulations, Part 21 are' ..... followed and completed including exercise or expiration. of appeal rights. - "'....:,. It shall be a condition of this lease, that the lessor reserves unto itself, its successors and assigns, for the use and benefit of the public, a right of flight, for the passage of aircraft in the airspace above the surface of the real property hereinafter described, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft, - - 5. ..:.. , _:.~, :~~4::,~: .'..~i~~..~;~.::J::;~.< . :.: ':~ 'o;'e.. ..;.~ ;....._ . .0". , . . ...;.... .- ~:...:.__. 0~:I ~/~~~~~:~_ .. .'. . -. ".- .=:;7J:.~;:~ . ,~-':" . "... '-4 . - 4 now known or hereafter,used, for navigation of or flight in the said airspace, and for use of said airspace tor landing'on, taking off from or operating on the airport. That the Tenant expressly.agrees for itself, its successors and assigns, to ~estrict the height of structures, objects of natural growtn and other obstructions on the hereinafter described real property to such a height so as to comp-Iy with Federal ,Aviation. Regulations, Part 77. ' " That the Lessee expre~sly agrees for its~lf, its SUccessors and assigns, to prevent any use of the hereinafter described real property which would interfere with or adversely affect the operation or maintenance ot the airport, qr otherwise constitute an airport hazard. 4. This lease and all prov~s~ons hereof are subject and subordinate to the terms and conditions o~ the instruments and documents under which the Airport Owner acquired the subject property from the United States o~ America and shall be given only such effect as will not conflict or. be inconsistent with the terms and conditions contained in the lease of said lands frem the Airport Owner, and any existing or subsequent ' amendments thereto, and are subject to any ordinances, rules or requlations"which have been, or may hereafter be adonted by the ~rport Owner pertaining to the (( e,/ UJ-e-ST Airport. ' , Notwithstanding anything herein contained that may be, or appear to be, to the contrary, it is expressly understood and agreed that the rights. granted under this agreement are nonexc~usive and the Lasso~ herein reserves the right to grant similar privi~egas to another Lessee or other Lessees on other parts of the airport. '. -- JO" - ~~ -- ... ..:.~., . .....