10/08/1993 Agreement
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CONSENT TO THE ASSIGNMENT OF A LEASE
MONROE COUNTY, a political subdivision of the State of
Florida, and and STEPHEN P. TURCO, in exchange, for the mutual
covenants set forth below and other good and valuable
consideration, agree as follows:
1. Monroe County consents and agrees to the assignment to
Stephen P. Turco, as lessee, of a lease agreement by and between
Monroe County, as lessor, and Sails in Concert, Inc., as lessee,
dated October 2, 1984, with an addendum dated July 7, 1987, (as
assigned to the Sails in Concert, Inc. by Casa Magna on January
1, 1988), hereinafter the "Lease", for a parcel of land at the
Key Wes t International Airport. The Lease is attached to this
consent to assignment and is incorporated and made a part hereof
as if fully set out in the text of this consent to assig~~nt~
2. Stephen P. Turco agrees to assume all liahilities,
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responsibilities and duties of the Lease, and to all the terms" of
.)
the Lease, and to be bound by them in the same manner) as the
,
original lessee, together with all rights and privileges. of~he
Lease .~
. )
IN WITNESS WHEREOF, the parties hereto have caused this
consent to an assignment of lease to be executed on the ~
day of ~~ ' 1993.
(SEAL)
ATTEST: DANNY L. KOLHAGE, CLERK
BY:~C.~~
Deputy Cler~
Date: Se~b<<?1 J ,Q03-
~~
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DATE: I D-<g-Cj3
APPROVED AS TO mr;,~1
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AGRRRMENT FOR SALE AND AB8IGNMnNT
COMES NOW SATI..S IN CONCERT. INC. O1ercinafter I1':n~rrffi to alii "Auigoor") cmd
~ (hereinR,fler referred to as "Awgn~") and agree as tollows:
STEPHEN P. TURCO
1. The As&ignor is tho ownor of ~ Winger located at th! key West Internatioual Airport
which is located on land being leased from Monroe C'..ounty, FloridA.
2. It is the inten!v~[!~~v~jI1or herein to assign all its right, title and interes~ in said
hanger and lease to ~ thQ Asiign~ for ti.z.t, considc?ation of $24,000.00.
Stephen P. Turco
3. The S24,OOO,.oO shall be due at closing in U.S. FUild~.
4, It Is the intention tb.a~ both partiC$ will culml.u~~ this sale as SOon as prac~able and
that all necessary steps be taken with Monroe County for approval of this sale and assignment
and by execution b~ this lenw fiiree~nL t,hr. J\ttrtiN h~mb)r llgI"lO to tiio aU &!\.! 4o~6!~uu;l..lL
dated this 26th day of Auguc;t, 1993.
SAILS IN CONCeRT, INC,
~~~~
STEPHEN P. TURCO
~
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AGREEMENT FOR SALE AND ASSIGNMENT
COMES NOW SAILS IN CONCERT, INC. (hereinafter referred to as "Assignor") and
~~~ (hereinafter referred to as "Assignee") and agree as follows:
STEPHEN P. TURCO
1. The Assignor is the owner of a hanger located at the Key West International Airport
which is located on land being leased from Monroe County, Florida.
2. It is the intent of the Assignor herein to assign all its right, title and interest in said
hanger and lease to ~the Assignee for the consideration of $24,000.00.
Stephen P. Turco
3. The $24,000.00 shall be due at closing in u.S. Funds.
4. It is the intention that both parties will culminate this sale as soon as practicable and
that all necessary steps be taken with Monroe County for approval of this sale and assignment
and by execution by this letter agreement the parties hereby agree to this sale and assignment
dated this 26th day of August, 1993.
SAILS IN CONCERT, INC.
BY:
~~
. ~ \JdJ cO
~1!W ~Rt~
STEPHEN P. TURCO
.......
CERTIFICATE OF .AIRCRAFT INSURANCE
THIS IS TO CERTIFY that the Insured set forth below is, at the issue date of this
Certificate insured with tlie Insurer as indicated under the policy described in the following
Schedule.
DESCRIPTIVE SCHEDULE
Insurer:
Americas Insurance Company
Policy No: 0275356
Named Insured:
Address of
Named Insured:
Key West Helicopters, Inc. and Stephen Paul Turco
1535 5th Street, Key West, Florida 33040
Expiration Date:
February 15, 1994
Aircraft: 1976 Hughes 300C - N7463F
COVERAGES AND LIMITS OF I..IABILITY
Aircraft
Liability:
Bodily Injury
In cluding Passengers
Each Person
$100,000.
Property Damage
Each Occurrence
$1,000,000.
Maximum Bodily Injury
plus Property Damage
Each Occurrence
$1,000,000.
Aircraft Physical Damage In eluding in flight coverage:
Junount of Insurance: $120,000.
Monroe County Board of Commissioners
c/o Rlsk Management
5100 College Road
Key West, Florida 33040
Receiwd
Risk Mgmt. & Loss Control
:)j'~'F ___,-.!CL-:: / s - V
INI'i'IAL -m 0 Ie::-
This certificate is issued at the request of:
Whom we agree, if possible, to notify Ten (10) days before date of cancellation, if
policy should be cancelled by the Insurer, but the Insurer shall not be liable in any way
for failure to give such notice.
This Certificate of Aircraft Insurance does not vary, waive or extend any of the
terms, provisions, representations, conditions or agreements of the policy.
Additional
Agreements:
APftROml BY I?ISK MANAGEMENT
:rrct/t7:; :s-
WAIVER: N/A '~ YES
,
Issue Date: October 11, 1993
Producer:
Aero Insurance Agency of Florida, Inc.
6500 S.W. 60 Street
Miami, Florida 33143 X
Southem Marine It Aviation
Underwriters, Inc.
Southem Marine It
Aviation, Inc.
Certificate
SMAU (08/04/88)
ADDIlIONAL INSURED ENDORSEMENT
-~---------,--
(For use with aircraft policy SMA 102)
In consideration of -en additional premium of $ (Included) we agree that the
Coverages provided under Section Three shall also insure the following as an addI-
tional Insured;
NAME
Monroe County Board of
Commissioners; c/o Risk Management
ADDRESS
5100 College Road
Key West, Florida 33040
but only with respect to the operation of the following aircraft by the Named Insured; It
is warranted that the above additional Insured has no operational interest in the air-
craft.
F.A.A. Cert. Nos. N7463F and/or any other aircraft added hereunder
during the policy period.
The Insurance provided by this endorsement does not:
(1) Apply to any Section Three Coverage which has not been purchased by the Named
Insured (see item 7 of the Declarations);
(2) Apply to any Section Three Coverage or provision which the policy shows as being
for the benefit of the Named Insured only;
(3) Reduce any of our rights of action or recovery against the above additional In-
sured relating to their operations as manufacturers, suppliers or servicing agents
where we would have had those rights if this endorsement had not been issued;
(4) Increase our limit of liability shown in item 7 of the Declarations beyond the
amount we would have paid if only the Named Insured was Insured under this
policy.
Nothing herein contained shall vary, alter, waive or extend any of the terms, provisions,
representations, conditions or agreements of the policy other than as above stated.
This endorsement becomes effective Oc tober 8. 1993 to be attached to and hereby made
a part of Policy No. 0275356 issued by Americas Insurance Company
to Key West Helicopter, Inc. and Stephen Paul Turco
This endorsement shall not be valid unless approved by our authorized representative.
Endorsement No. 6
Date of Issue
October 11, 1993
By
:d.~;; .~~~"
(Authorized Rep esentative) ,/
Form SMA 108 7185
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