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HomeMy WebLinkAbout06/18/2008 Agreement DANNY L. KOLHAGE CLERK OF THE CIRCUIT COURT DATE: July 3, 2008 TO: Suzanne A. Hutton County Attorney A TTN: Kathy M Peters Executive Assistant FROM: Isabel C. DeSantis, Deputy Clerk At the June 18,2008, Board of County Commissioner's meeting, the Board granted approval and authorized execution of an Agreement of Lessor between Monroe County for the benefit of Marine Bank, as collateral Lender and"Conch Flyer, Inc., as part ofthe new airport terminal pro~ect and in exchange for extending lease agreement, Lessee - John B. Richmond, President agreeing to invest $1,000,000 in equipping and outfitting the new restaurant space. Enclosed is the original document for your handling. Should you have any questions please do not hesitate to contact this office. cc: Finance File...-/' AGREEMENT OF LESSOR This Agreement of Lessor ("Agreement") is executed as of the 18th day of June, 2008, by MONROE COUNTY, a political subdivision ofthe State of Florida ("Lessor"), for the benefit of MARINE BANK, as collateral Lender ("Lender") and CONCH FLYER, INC., a Florida corporation ("Lessee"). RECITALS: A. Lessor is the lessor and Lessee is the lessee under a lease agreement dated April 18, 1983 (as the same may have been heretofore amended, the "Lease"), pursuant to which Lessor granted to Lessee a leasehold interest in and to certain real property more particularly described therein (collectively, the "Property"), which Property relates to the Land more particularly described on Exhibit A attached hereto and incorporated herein by this reference. B. A copy of the Lease (including all amendments and modifications thereto) is attached hereto as Exhibit B and incorporated herein by this reference. C. As an accommodation to Lessee, Lessor has agreed to execute this Agreement for the benefit of Lender with the understanding that Lender is relying on the agreements set forth herein as an inducement to the extension of certain financial accommodations to Lessee (the "Financing") to Lessee to be secured, in part, by a lien granted by Lessee upon Lessee's rights and interests in and under the Lease. D. Notwithstanding the language of the 4th and 5th WHEREAS clauses of the lease amendment entered into between the County and Conch Flyer, Inc., and dated April 19,2006, the County hereby acknowledges that Conch Flyer, Inc., has applied for financing with Marine Bank, and not First State Bank, in order to comply with the terms of the lease amendment. NOW, THEREFORE, for and in consideration of the premises, and for the sum of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which consideration is hereby acknowledged and confessed, the parties hereto hereby represent, covenant and agree as follows: 1. Lessor consents to the execution and delivery by Lessee to Lender of a certain Leasehold Mortgage and Security Agreement (the "Security Instrument") covering Lessee's leasehold interest in and to the Property and the recording of same in the applicable real property records. Lessor also consents to the execution and delivery by Lessee, and the filing and/or recording in the appropriate public records, of such additional documents and instruments as Lender may deem necessary or desirable to establish, perfect and maintain a lien upon and against Lessee's said leasehold interests, including, but not limited to, Uniform Commercial Code financing statements and such other documents, instruments and agreements as Lender may hereafter deem necessary or desirable in connection with the creation, grant, maintenance or enforcement of said lien, including, but not limited to, any such documents and instruments executed in connection with any renewal, extension and/ or modification of such lien. 2702-265 CONCH FLYER - MARINE BANK 2. Lessor represents that no default under the terms of the Lease by either party thereto has occurred and is continuing at this time, nor does there exist any condition or event which with notice, the passage of time, or both would constitute a default by either party thereunder. The term of the Lease (assuming the timely and proper exercise of all options to extend set forth in the Lease) wilJ expire on January 20,2030; the current annual fIxed rent payable under the Lease is as set forth in the April 19, 2006 amendment; and Lessee does not have any "rights offrrst refusal", "options to purchase" or any other rights to purchase all or any portion of the Property. 3. In the event of any default or event of default by Lessee under the Lease, or in the event Lessee shalJ fail to perform or observe any of the terms, conditions or agreements in the Lease, Lessor shalJ give written notice thereof to Lender at the address indicated below and Lender shalJ have the right (but not the obligation) to cure such default or failure within fIfteen (15) business days folJowing Lender's receipt of such notice; and Lessor shalJ not take any action with respect to such failure under the Lease, including without limitation any action intended to terminate, rescind or avoid the Lease or Lessee's tenancy or possession thereunder, for such period of fIfteen (IS) business days after Lender's receipt of such written notice; provided, however, that in the case of any default which cannot with diligence be cured within said IS-business day period, if Lender shalJ proceed promptly to initiate measures to cure such failure and thereafter prosecute the curing of such failure with diligence and continuity, the time within which such failure may be cured shall be extended for such period as may be necessary to complete the curing of such failure with diligence and continuity. Without limiting the foregoing, Lessor agrees that no default and no termination of the Lease in connection therewith shalJ be effective unless notice shalJ first have been given to Lender in accordance with the terms of this Agreement. Lessor further agrees that where any default under the Lease is not capable of or subject to cure, or in the event ofthe bankruptcy or insolvency of Lessee, or in the event the Lease is otherwise terminated without Lender's prior written consent, Lender shall have the option (upon written notice to Lessor) to enter into a new lease with Lessor on substantialJy the same terms as the Lease for the then remaining term of the Lease folJowing the termination of the Lease by Lessor or the rejection of the Lease by a bankruptcy trustee under applicable laws. 4. To the extent such exercise is consistent with the lessee's lease and lease amendments, lessor consents to the exercise by Lender of any and all rights and remedies permitted under the Security Instrument and such other documents as may be executed by or on behalf of Lessee in connection with the Financing (the "Financing Documents"), and to the exercise of such additional legal and equitable rights and remedies as may be available to Lender, in the event of a default or event of default under the Financing Documents. Furthermore, Lessor expressly agrees that neither the execution, delivery and/ or recording of the Security Instrument, nor the execution, delivery and/ or recording or filing of any other instrument or agreement by Lessee or Lender in connection with the Security Instrument, nor any other matters to which Lessor has given its consent herein, shalJ ever be deemed to constitute a default or event of default under the Lease. 5. In the event Lender shalJ ever become the owner of the rights and interests of Lessee in and to the Property and Lease by reason of judicial foreclosure, nonjudicial sale or other proceedings brought by Lender to enforce its rights under the Security Instrument or under or in respect of the other Financing Documents, Lender shall be deemed to be Lessee's successor and assignee under the Lease and shall be entitled to all rights, benefits and privileges of the Lessee under the Lease; and Lessor shall be bound to Lender and Lender shall be bound to Lessor under all of the terms, covenants and conditions of the Lease for the balance of the term thereof remaining and any renewal or extension period thereof duly exercised as required by the Lease, all without the need to execute any further instruments on the part of Lessor, Lessee or Lender to make such succession and assignment effective and binding upon Lessor. 6. Following the effective date of this agreement, the Lease shall not be amended or modified in any manner or respect without the prior written consent of Lender Hnd any purported amendment or consent made without such consent shall be ineffective and void as to Lender. Lessor and Lessee warrant and represent that the copy of the Lease and other written documents attached hereto as Exhibit B are true, correct and complete copies of the Lease and that the Lease is in full force and effect and has not been amended or modified except as disclosed in Exhibit B attached hereto and incorporated herein by this reference. Other than the Lease (and any amendments thereto as are described herein), there are no other agreements, written or oral, between Lessor and Lessee regarding the Lease or the Property. The Lessor has not assigned the Lease or otherwise transferred any interest in or under the Lease. 7. Lessor represents and warrants to Lender that it is the owner of the fee interest in and to the Property, that there is no lien encumbering Lessor's fee interest and that no consent or joinder of any other party is required to Lessor's execution of this Agreement. 8. Lessor acknowledges that Lender has the right (but not the obligation) pursuant to, and as more 'particularly provided in, the Financing Documents to perform any term, covenant, condition or agreement and to remedy any default by Lessee under the Lease, and Lessor shall accept such performance by Lender with the same force and effect as if made by Lessee. In addition, pursuant to, and as more particularly provided in, the Financing Documents, Lessee has delegated to Lender the authority to exercise any or all of Lessee's rights under the Lease. Lessor will recognize Lender's exercise of such rights with the same force and effect as if such rights were being exercised by Lessee. 9. All notices, requests, consents, demands and other communications relating to this Agreement of Lessor shall be in writing and shall be deemed sufficiently given if (a) sent by certified or registered mail with postage prepaid, return receipt requested, properly addressed to the applicable party at the address set forth below; (b) delivered in person to the address set forth below for the party to whom the notice is given; or (c) deposited into the custody of a nationally recognized overnight delivery service addressed to such party at the address specified below. Notices shall be effective on the date of delivery or receipt, or, if delivery is not accepted, on the earlier of the date that delivery is refused or five (5) days after the date the notice is mailed. For purposes of this section, the addresses of the parties for all notices are as set forth below (unless changed by similar notice in writing given by the particular person whose address is to be changed). From time to time, any party may designate another address for all purposes by giving the other parties notice of such change of address. ", Notices to Lender shall be given to it at: Marine Bank 11290 Overseas Highway Marathon, Fl. 33050 With copy to: Timothy J. Koenig, Esq. Feldman Koenig Highsmith & Van Loon, P.A. 3158 Northside Drive, Key West, FI 33040 All notices to Lessee shall be given to it at: Conch Flyer, Inc. Mr. John B. Richmond, President Key West Intemational Airport Key West, FI 33040 All notices to Lessor shall be given to it at: Monroe County 1100 Simonton Street Key West, FL 33040 Attention: County Administrator With copy to: Monroe County Attorneys Office P.O. Box 1026 Key West, Fl. 33041-1026 Phone: 1-305292 - 3470 Fax: 1-305292 - 3516 10. For purposes of this Agreement, the term "Lender" shall include its successors and assigns including, but not limited to, any person who acquires Lessee's interest under the Lease pursuant to a foreclosure of the Security Instrument. All references herein to Lessor and Lessee shall likewise include the respective personal representatives, heirs, successors and assigns for each such party (including, without limitation, any person, party or entity to whom either Lessor's and/ or Lessee's respective rights and interests in and under the Lease may be assigned). This Agreement shall accordingly be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, legal representatives, successors and assigns. If Lender becomes the lessee under the Lease, Lender may not assign its interest, rights or obligations under the Lease without Lessor's written consent, which shall not be unreasonably withheld. 11. This Agreement may not be withdrawn, amended or modified except by a written agreement executed by both Lessor and Lender. [Remainder of page intentionally left blank; signature page follows! EXECPTED as of the date first set forth above. ,>-;:'> - Ai /i.~-";' " ii, < ( LESSOR: (SEAL) ATTEST: DANNY L. KOLHAGE, CLERK BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA BY~~~.~~ Deputy Clerk BY~iY~ Mayor/Chairperson LESSEE: LENDER: MARINE BANK L ~~~(;n~~;~br/I;~ 2702-265 CONCH FLYER - MARINE BANK EXHiBIT A LEGAL DESCRIPTION 2702-265 CONCH FLYER - J:1ARINE BANK \- ~ W IV Q) 3 "'Q ~ Cl- ~ II ..... 01 ~ I)) IV ~ I ~ ~ SI: fj ;) ;) -0 IT" W 0- '" CI) tIl -0 (.Il Q) ."QI ~ ci ~ ~ (\'\ - ~ ~ ~ C("r- '- r-- ~ -J ~ ~ ( 0 0 "'0 I- .:> 0 " 6) ~ ,. ". '- ~ 01 ,- ~ >( - lu ~ Q) Q.. :c Ii u (( z ~ CJ 0 u .. 2702-265 CONCH FLYER - MARINE BANK EXHIBIT R COpy OF LEASE AIRPORT LEASE THIS LEASE AGREEMENT made and entered into this 18th day of April , 1983, by and between COUNTY OF MONROE, STATE OF FLORIDA, a political subdivision of the State of Florida, hereinafter referred to as "Lessor", and FRED B. SELLERS SR. hereinafter referred to as "Lessee". WIT N E SSE T H WHEREAS, the Lessor is the owner of that property known as Key West International Airport, upon which is a Cocktail Lounge and Coffee Shop, all located in Monroe County, Florida, which shall here- inafter be termed "Airport", and WHEREAS, the Lessor desires to enter into a Lease Agreement with the Lessee to provide for the operation of said Coffee Shop and Cocktail Lounge, and WHEREAS, the parties desire to put into writing the full and com- plete understanding between the Lessor and Lessee as concerns the use an.d operation of said property, NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements that are contained herein as well as other valuable considerations, the Lessor does hereby grant and lease to the Lessee that certain property t~gether with its facili- ties, all licenses and privileges known as the Airport Lounge and Coffee Shop located on the Airport Terminal premises in Key \Vest, Florida, and in so doing agrees as follows: ARTICLE I - PREMISES A. USE OF THE AIRPORT. A.I It is understood that Lessee is entitled to use together with others the Airport facilities and appurtenances located ',Iithin the Airport Terminal, having rights to the improvements and services located on said property and in particular shall have the exclusive use in operating the Coffee Shop and Cocktail Lounge within said Terminal described as follows; -2- A 1,724 square foot Cocktail Lounge, Restaurant and Coffee Shop and a 1,098 square foot kitchen, washrooms, utility area, all located within the passenger terminal building at the Key West International Airport, Key West, Florida. Also to include the area between the Airport Terminal and to> the western edge of the fire access road located ad.jacent to the P.B.A. Building and the parking ramp in fl:'ont of the Terminal reflected on the plans made a part he,reof and marked Exhibit "A". It is understood that no major structural or design change shall be made from Exhibit "An or shall be begun except with written consent of Lessor. A.2 This operation shall permit the retail sale of food and beverages normally associated with an airport restaurant and coffee shop. No other operation concerning the sale of food and/or beverages shall be allowed in the terminal building during the term of this lease, except the sale of packaged candy, gum, etc., in the gift shop or sodas, etc., in vending machines. A.3 That the Lessor shall cause the transfer for the retail liquor license 6 COP No. 54-515 from a third party to the Lessee upon the execution and delivery of this lease. That said retail liquor license shall not be transferred from the present location, namely, Key West International Airport, Key West, Florida. Fur- ther, that in the event this lease shall expire or shall be ter- minated by reason of violation or non-performance by the Lessee of any of the covenants, agreements, and/or conditions herein, the Lessee agrees to execute whatever documents may be required to transfer the said retail liquor license to the Lessor, or to such person or persons as Lessor may designate. Further, it being fully underst:ood and agreed by and between all parties to this lease, that selid retail liquor license has not been sold to the Lessee but merely transferred to him during the period of this lease, or until this le,ase is terminated by reason of violation or non-performance by the Lessee of any of the covenants, agreements and/or conditions herein, or until assigned as a part of any assignment, pursuant to clause XIX herein. During the term of this lease, Lessee shall pay any and. all fees or assessments required for the continuation of the said license, and the cost of any existing licenses, fees or assess- ments shall be pro rated at the time the lease becomes effective. A.4 This operation shall also permit and provide for any services normally furnished by a restaurant, coffee shop, cocktail -3- lounge and any others that may be compatible with the activities of an airport terminal, excluding, however, any and all forms of enter- tainment other than music of a piano bar or non-electric guitar. Such music entertainment shall not be amplified. Other forms of entertainment may be permitted with written consent of the Lessor. This does not exclude a vocalist accompanied by the piano or guitar. Any sound source so loud as to be heard in the main ticketing area shall be prohibited. Any exceptions for after hours entertainment, 11:00 P.M. until 4:00 A.M., will require the express written consent of the Airport Manager. B. LEASEHOLD. B.l The leasehold granted herein permits said Lessee to use said leasehold with respect to any and all privileges permitted and granted therein explicitly subject, however, to reasonable rules and regulations as promulgated by the Lessor. B.2 Lessee agrees that they will comply with any and all re- quirements of the Statutes, ordinances, rules, orders, regulation requirements of either the Federal, State and/or County or City governments and any and all departments, commissions, and bureaus which have an application to this type of operation. B.3 The Lessee shall have the right of egress and ingress from and to said property, except as herein provided otherwise, to the demised properties described in the above paragraphs which permis- sion shall run to its employees, agents, customers and/or patrons and those '~ho supply materials or services for the repair and maintenance thereo:E without any charge to Lessee. It is, however, understood that this Lease Agreement as set forth in this paragraph has no limitations whatsoever on Lessor's right to an imposition of charges upon any ground transportation services. ARTICLE II - TERM This lease and all the rights herein granted shall become oper- ative and effective on the 18th day of April 1983 .' and shall end and terminate on the 17th day of April 19~, unless sooner terminated by -4- provisions hereinafter described. It is understood that the term initially granted herein is for a period of ten (10) years. ARTICLE III - RENTAL CHARGES A.l The Lessee agrees to pay the Lessor at places so designated by the Lessor for the use of these premises, facilities, rights, licenses, services and privileges granted hereunder, the following rentals, fees and charges, all payable in monthly installments cover- ing the ensuing calendar months. Should it occur that the commence- ment or cessation of the terms with respect to any of the particular premises, facilities, rights, licenses, services and privileges as herein provided falls on any date other than the first or last day of a calendar month, the applicable rentals, fees and charges for that month shall be paid for that month prorata according to the number of days in that particular month during which said particular premises, facilities, rights, licenses, services and privileges were enjoyed; and the Lessee further agrees to pay on or before the 15th day of each month following the last day of each calendar month throughout the leasehold term the following: (a) That Lessee agrees to pay 10% of gross proceeds or receipts each month but no less than a guaranteed $2,000.00 per month. (b) First month's guaranteed rent of $2,000.00 shall be paid when this lease is signed and a security deposit equal to a guaranteed month's rent to be paid when business opens. It is agreed by the parties hereto that during the first five (5) years of this lease agreement, the Lessee shall be entitled to a credit for any rental sum due to the Lessor in excess of $2,000.00 per mcr~th until the amount expended for permanent improvements made on the premises such as the plumbing, the electrical work, the duct work for the air conditioning and other permanent fixtures, (exclud- ing ho'wever, the furnishings), have been recaptured by Lessee. Said c:redit shall extend until such permanent improvements have been recaptured in accordance with a list of the same attached hereto and marked Exhibit "B" and approved by both the Lessor and Lessee. The del:ermination of credit shall be based on invoices evidencing improvements as shown in Exhibit "B". -5- B. It shall be required that the Lessee shall maintain finan- cial records according to accepted accounting practices of any and all transactions relating to the operations incorporated in this lease. The records as aforementioned shall be open to scrutiny by the Lessor or its agent, at any time it is so desired and that R private operating statement shall be afforded to the Lessor each six (6) months of this lease term. Inspection by the Lessor shall be accomplished as is stated herein at any reasonable business hour. C. All t'xes and assessments which may be lawfully levied by duly constituted taxing bodies upon the Lessee shall be paid by said Lessee in connection with the operation as provided in this lease. Lessor agrees not to levy any license or permit fee or special assessment on the Lessee that would restrict or interfere with the exercise or enjoyment of the rights and privileges granted herein; provided this shall not prevent the Lessor from making charges to the Lessee for the use of the Airport, its facilities and services herein specifically authorized. D. It is mutually agreed by the parties hereto that Lessee shall open the business within six (6) months after the signing of this lease. Rental charges shall commence with the opening of said business. E. Lessee shall pay for any and all charges for the dis- position of trash and garbage, provide janitorial services on these premises, all electric power, water and any and all other utilities required and maintenance. F. Lessee shall provide all equipment or accessories needed to operate a first-class restaurant and cocktail lounge, which said fixtur,~s and equipment shall conform as nearly as possible with the architecture and design of the premises. All such fixtures and equipment which shall be attached to and be a part of the real estate shall become the property of the Lessor at the termination of this lease. Lessee shall be required to install a certified fire ex- tinguisher system or a "kitty" system over the cooking area prior to the opening of this operation. -6- G. In the event Lessee fails to pay any rentals, charges and fees hereunder within fifteen (15) days after Lessor transmits a past due statement therefore to Lessee, Lessor may give Lessee notice in writing of its intention to terminate this Lease unless Lessee shall have corrected such failure to pay within fifteen (15) days. If said failure to pay shall not have been corrected within fifteen (15) days period, Lessor may, at its option, immediately or at any time thereafter, enter into and upon the premises hereby leased or any p~rt thereof in the name of the whole, and repossess the same of Lessor's former estate, and expel Lessee and those claim- ing by, through or under it, and remove its effects forcibly if necessary, without being deemed guilty of trespass and without preju- dice to any remedy which otherwise might be used for arrears of rent or pre,ceding breach of covenant; on the re-entry aforesaid, this Lease shall terminate. In the event Lessor is obligated to partici- pate in any court proceedings in order to enforce any of its rights under this paragraph or to collect its rentals, fees and charges, Lessor, if successful in pursuing such litigation, shall be en- titled to an additional amount in such sum as any District Court or Cir,cuit Court having competent jurisdiction shall determine as a reasonable attorney's fee. H. The Lessee agrees that any and all desired changes to the demised premises shall be made at the Lessee's expense and only upon w.ritten approval by the Lessor. Any changes to the demised premis,es immediately become the property of the Lessor, and are not subject to removal by the Lessee. The Lessee will construct at his O~l expense any additional fixtures, improvements and/or decor on said premises but that the same shall be done in such a manner as to not deface or injure the premises. In the event Lessee pur- chases equipment, fixtures and/or furnishings upon which leins still ,~xist, Lessee agrees to so advise the Lessor and a bond in- suring Lessor of the payment of the same shall be arranged and agreed to by these parties. The outside walls shall be maintained -7- and pai.nted by Lessee, i.t being understood that paint color shall be agrE!ed to by Lessor before being used. 1.. The Lessee agrees to furnish a copy of the sales tax records of said operation to the County Commission on a monthly basis. ARTICLE IV - SERVICES TO PUBLIC The Lessee agrees that in furtherance of the privileges and uses permitted hereunder: 1. To fuy~ish good, prompt and efficient service adequate to meet all the demands for its service at the Airport. Hours of operation are as stated hereinafter. The Coffee Shop and/or Restau- rant must be operated at all times seven days a week, (365 days a year), to coincide with air operations at said Airport it being provided that the Restaurant and Lounge shall be open at least forty-five (45) minutes before the departure and/or arrival of the first ,commercial aircraft from said terminal and shall not close until forty-five (45) minutes after the last commercial aircraft arrival and/or departure. The Snack Bar shall be open no less than 18 hou:rs per day unless agreed upon otherwise by the parties. 2. To furnish said service on a fair, equal and nondiscrim- inatory basis to all users thereof. The word "service" as used in sub-sections 1, 2, and 3 of ARTICLE IV, shall include furnishing of labor, materials and suppli,es, related to Restaurant, Coffee Shop, Cocktail Lounge operations including the sale thereof, as well as furnishing ser- vice. ARTICLE V - RIGHT TO LEASE PROPERTY Lessor represents that it has the right to lease the Airport, together with all premises, facilities, rights, licenses, services and privileges herein granted, and has full power and authority to enter into this agreement in respect thereof. ARTICLE VI - RIGHT TO PURCHASE SUPPLIES AND MATERIALS Lessee shall, except as herein otherwise provided, have the right to purchase or otherwise obtain personal property deemed by -8- it to be required by or incident to, Lessee's operations, its exercise of the rights herein granted and its discharge of the obligations herein imposed, from any person, partnership, firm, association or corporation it may choose. Except as herein other- wise specifically provided, no charges, fees, or tolls, of any nature, direct or indirect, shall be charged by Lessor, directly or indirectly, against Lessee or its suppliers, for the privilege of purchasing, selling, using, storing, withdrawing, handling, consuming, loa~ing or unloading, or delivering any such personal property of Lessee by Lessee or its suppliers or for the privilege of transporting such personal property or person to, from or on the Airport. Nothing in this lease shall be deemed to restrict in any manner Lessor's right to charge any person, partnership, firm, association or corporation rentals for the use of Lessor's property or any improvements thereon or thereto where such use of said property or improvements are of a regular or permanent nature as distinguished from temporary or transitory nature or where such use is of such a nature as to constitute the perform- ance of a commercial business at the Airport. ARTICLE VII - MAINTENANCE AND OPERATIONS BY LESSOR Except as otherwise specifically provided herein, Lessor during the term of this lease, shall operate, maintain and keep in good repair the Airport, Terminal Building, vehicular parking space, all appurtenances, facilities and services now or hereafter connected with the foregoing, including, without limiting the generality hereof, all field lighting and other appurtenances, facilities and services which Lessor has agreed to furnish and supply hereunder. Provided, however, that Lessor shall not be required to perform maintenance and make repairs occasioned by negligence of Lessee or its employees, .fire or other casualty excepted, in which case Lessor may perform such maintenance or make such repairs and charge the reasonable cost of same to Lessee. Provided also that Lessor may -9- abandon certain facilities which are no longer reasonably justified for proper and adequate operation of the Airport. ARTICLE VIII - MAINTENANCE AND OPERATIONS BY LESSEE Lessee hereby agrees and accepts the premises in the condition they are in at the beginning of this Lease and agrees to maintain said premises in the condition called for and agreed to in this Lease, excepting only reasonable wear and tear arising from the use thereof under this Agreement, and to compensate said Lessor immedi- ately upon dema~d for any damage to said premises caused by any act or neglect of Lessee, or of any person or persons in the employ or under the control of the Lessee. The Lessee agrees to maintain the premises in a clean condi- tion, and to maintain an adequate number of covered metal waste containers at suitable locations, and shall deposit all trash and waste therein for propeT disposition of such waste materials at the disposal grounds designated by the Lessor. Lessee shall provide for daily pickup of all waste. It is understood and agreed that no signs or on premises adver- tising and no awnings shall be erected on or in connection with the premises leased hereunder, unless the same shall be first submitted to and approved by the Lessor. No exterior architectural changes can be made without the consent of the Lessor. If any part of the exterior or interior of the premises is in- jured or damaged by any breaking and/or entering said premises, or by any attempt to break and/or enter said premises, by any third person or persons, Lessee agrees to promptly cause all necessary repairs to be made at Lessee's expense so as to promptly restore said premises to its condition immediately prior to said breaking and/or entering or said attempt to break and/or enter. Throughout said term, the Lessee agrees, at his own cost and expense, to keep the demised premises, fixtures and appurtenances, including windows, screens, awnings, doors, walls, floors, pipes, plumbing, electric wiring and fixtures, and all other fixtures and -10- appurtenances, and all alterations, additions and improvements, in good repair and clean condition; and will, at his own cost and expense, make all repairs, inside and outside, in and about the same, necessary to preserve them in good order and condition, which repairs shall be of quality and class equal to the original work, The Lessor may repair, at the expense of the Lessee, all damage or injury to the demised premises, or to the building, of which the same form a part, or to its fixtures, appurtenances or equipment done by the LeaAee or his servants, employees, agents, visitors, or licensees, or caused by moving property of the Lessee in and/or out of the building or by the installation or removal of furniture or other property, or resulting from fire, short circuits, the overflow or leakage of water, steam, illuminating gas, sewer or odors, or by frost or by the bursting or leaking of pipes or plumbing works or gas, or from any other cause, due to the carelessness negligence or improper conduct of the Lessee or his servants, employees, agents, visitors, or licensees. There shall be no allowance to the Lessee and no liability on the part of the Lessor by reason of inconven- ience, annoyance or injury to business, removal or loss of property, arising from the making of any repairs, alterations, additions or improvements in, or to, any portion of the building or the demised premises, or in, or to, the fixtures, appurtenances or equipment. The Lessor or its agents have made no representations or promises with respect to the said building or the demised premises except as herein expressly set forth. The taking of possession of the demised premises by the Lessee shall be conclusive evidence, as against him, that said premises and the building of which the same form a part were in good and satisfactory condition at the time such possession was taken. The Lessor shall in no event be liable for any defects in the construction of the building. ARTICLE IX - GOVERNMENTAL FACILITIES It is expressly agreed that if funds for the provision, main- tenanCI~ and operation of the Control Tower and/or other air navi- gation aids or other facilities required or permitted by the United -11- States which are now, or may be hereafter furnished by the United States, are discontinued by the United States, Lessor shall not be required to furnish said facilities. ARTICLE X - RULES AND REGULATIONS Lessor shall have the right to and shall adopt and enforce reasonable rules and regulations, which Lessee agrees to observe and obey, with respect to the use of the Airport and appurtenances; provided that such rules and regulations shall not be inconsistent with this agreerent nor with the safety and with rules, regula- tions and orders of the Federal Aviation Administration with respect to aircraft operations at the Airport, with procedures pre- scribed or approved from time to time by the Federal Aviation Administration with respect to operation of aircraft at the Air- port. Lessor shall provide Lessee with a copy of such rules and regulations from time to time. ARTICLE XI - DAMAGE OR DESTRUCTION OF PREMISES In the event the premises shall be partially damaged by fire, explosion, the elements, the public enemy or other casualty, but not rendered untenantable, the same shall be repaired with due diligence by Lessor at his own cost and expense. If the damage shall be so extensive as to render such premises untenantable but capable of being repaired within thirty (30) days, the same shall be repaired with due diligence by Lessor at its own cost and ex- pense, and rent payable hereunder shall be proportionately paid up to the time as the premises shall be fully restored. In case the premises is completely destroyed by fire, explosion, the elements, the public enemy or other casualty, or so damaged that it will or does remain untenantable for more than thirty (30) days, the Lessor shall be under no obligation to repair and reconstruct the premises, and rent payable hereunder with respect to Lessee's exclusive space in said premises shall be proportionately paid up to the time of such damage or destruction and shall thenceforth cease '~ntil such time as the premises may be fully restored. If -12- within ninety (90) days after such damage or destruction, Lessor fails to notify Lessee of its intention to repair or reconstruct the damage or destroyed premises or to furnish a substantially equivalent facility, Lessee may give Lessor written notice of its intention to then cancel this agreement in its entirety or to cancel, as of the date of such damage or destruction, such part of this agreement as relates only to said premises. ARTICLE XII - CANCELLATION BY LESSOR The Lessor''llay cancel this agreement by giving Lessee sixty (60) days advance written notice to be served as hereinafter pro- vided 'Llpon or after the happening of anyone of the following events: 1. The filing by Lessee of a voluntary petition in bank- ruptcy. 2. The institution of proceedings in bankruptcy against Lessee and adjudication of Lessee as a bankrupt pursuant to such proceedings. 3. The taking by a court of jurisdiction of Lessee and its assets pursuant to proceedings brought under the provisions of any Federal re-organization act. 4. The appointment of a receiver of Lessee's assets. 5. The divestiture of Lessee's estate herein by other opera- tion of law. 6. The abandonment by Lessee of its conduct of Restaurant, Coffee Shop and Cocktail Lounge. Closure of in excess of seven (7) days shall be considered abandonment under this Lease unless prior written agreement shall be entered into by the parties and filed with the Commission. 7. The lawful assumption by the United States Government or any authorized agency thereof of the operation, control, or use of the Airport and facilities, or any substantial part or parts thereof, in such manner as substantially to restrict Les- see, for a period of at least ninety (90) days, from operating thereon for the conducting of a Restaurant, Coffee Shop and Cock- tail Lounge. -13- No waiver of default by the Lessor of any of the terms, covenants or conditions hereof to be performed, kept and observed shall be construed to be or act as a waiver of any subsequent de- fault of any of the terms, covenants and conditions herein contained to be performed, kept and observed by the Lessee shall not be deemed a waiver of any right on the part of the Lessor to cancel this lease for failure by Lessee to so perform, keep or observe any of the terms, covenants or conditions of this lease. ~RTICLE XIII - CANCELLATION BY LESSEE Lessee may cancel this agreement any time that Lessee is not in default in its payments to Lessor hereunder, by giving Lessor sixty (60) days advance written notice to be served as herein- after provided, upon or after the happening of anyone of the following events: 1. Issuance by any court of competent jurisdiction of an injunction in any way preventing or restraining the use of the Airport or any part thereof for Airport purposes, and the remain- ing in force of such injunction for a period of at least ninety (90) days. 2. The inability of Lessee to use, for a period in excess or ninety (90) days, the Airport or any of the premises, facilities, rights, licenses, services or privileges leased to Lessee hereunder, because of fire, explosion, earthquake, other casualty, or acts of God or the public enemy. provided that same is not caused by negli- gence or willful acts of failure to act on part of Lessee. 3. The default by the Lessor in performance of any covenant or agreement herein required to be performed by the Lessor and the failure of Lessor to remedy such default for a period of ninety (90) days after receipt from Lessee of written notice to remedy same; provided, however, that no notice of cancellation, as pro- vided above, shall be of any force or effect if Lessor shall have remedied the default prior to receipt of Lessee's notice of can- cellation. -14- 4. The lawful assumption by the United States Government or any authorized agency thereof of the operation control or use of the Airport and facilities, or any substantial part or parts thereof, in such a manner as substantially to restrict Lessee, for a period of at least ninety (90) days, from operating thereon for the conducting of a Restaurant, Coffee Shop and Cocktail Lounge. Lessee's performance of all or any part of this agreement for or during any period or periods after a default of any of the terms, covenants and conditions herein contained to be performed, kept and observed by Lessor, shall not be deemed a waiver of any right on the part of the Lessee to cancel this agreement for failure by Lessor to so perform, keep or observe all of the terms, covenants, or con- ditions hereof to be performed kept or observed. No waiver of default by Lessee of any of the terms, covenants or conditions hereof to be performed, kept and observed by the Lessor shall be construed to be or act as a waiver by Lessee of any subsequent default of any of the terms, covenants and conditions herein con- tained to be performed, kept and observed by the Lessor. ARTICLE XIV - INDEMNITY Lessee agrees fully to indemnify, save and hold harmless, the Lessor from and against all claims and actions and all ex- penses incidental to the investigation and defense thereof, based upon or arising out of damages or injuries to third persons or their property, caused by the negligence of Lessee, its agents or employees, in the use or occupancy of the said leased premises by Lessee; provided, however, that Lessee shall not be liable for any injury or damage or loss occasioned by the negligence of Lessor, its agents or employees; and provided, further that Lessor shall give to Lessee prompt and reasonable notice of any such claims or actions and Lessee shall have the right to investigate, compromise and defend the same. Lessee agrees to carry, and keep in force, public liability insurance covering personal injury and property damage, and such other insurance as may be necessary to protect -15- Lessor herein from such claims and actions aforesaid, Lessee agrees to car:~y and keep in force such insurance with minimum limits of liability for personal injury in a sum not less than $500,000 for anyone person, and $1,000,000 for anyone accident; and for property damage in a sum not less than $200,000; and to furnish Lessor with proper certificates certifying that such insurance is in force. Lessee shall carry its insurance coverages with insurance companie3 authorized to do business in the State of Florida. The Lessee in providing insurpuce required herein shall make the Lessor a co- insured party thereto. All personal property placed or moved in the premises above described shall be at the risk of the Lessee or Owner thereof, and Lessor shall not be liable for any loss of or damage to said per- sonal property, nor shall Lessor be liable to the Lessee for damages arising from any act of negligence of any co-tenant, or of any other person whomsoever, except as stipulated hereinabove. ARTICLE XV - QUIET ENJOYMENT Lessor agrees that, on payment of the rent and performance of the covenants and agreements on the part of Lessee to be performed hereunder, Lessee shall peaceably have and enjoy the leased prem- ises and all rights and privileges of said Airport, its appurten- ances and facilities granted herein. ARTICLE XVI - SURRENDER OF POSSESSION Upon the expiration or other termination of this lease or any renewal thereof, Lessee's right to use the premises, facilities, rights, licenses, services and privileges herein leased shall cease and Lessee shall forthwith upon such expiration or termination surrender the same. Except as otherwise provided in the agreement, all structures, fixtures, furnishings, improvements, equipment and other property bought, installed, erected or placed by Lessee in, on or about the Airport and premises leased under this lease shall be deemed to be personal and remain the property of the Lessee and Lessee shall have the right at any time during the term of this agreement, or any re- -16- newal or extension hereof, to remove any or all of its property from the Airport; provided, however, that Lessee is not in default in its payments to Lessor hereunder and provided Lessee shall restore said premises to its original condition as at the beginning of occupancy, ordinary wear and tear, damage by elements, fire, explosion or other causes beyond control of Lessee excepted. ARTICLE XVII - DEFINITION OF TERMS Whenever the term Federal Aviation Administration is used in this lease it s~all be construed as referring to the Federal Avia- tion Administration created by the Federal Government under the Federal Aviation Act of 1958, or to such other Federal Government authority as may be the successor thereto or to be vested with the same or similar authority. Whenever the terms "person" and "persons" are used in the lease, they shall be construed as including invidivuals, firms, corporations and other legal entities. When in this agreement written approval by Lessor is required, such written approval may be given by the Director of Airports for Lessor. ARTICLE XVIII - INSPECTION BY LESSOR Lessor may enter upon the premises now or hereafter leased exclusively to Lessee hereunder at any reasonable time for any purpose necessary, incidental to or connected with the performance of its obligations hereunder, or in the exercise of its govern- mental functions. All such inspections shall be during business hours. ARTICLE XIX - ASSIGNMENT AND SUBLETTING Lessee shall not at any time assign this agreement or any part thereof, nor sublet all or any portion of the leased premises herein without written approval of Lessor; provided that the fore- going shall not prevent the assignment of this agreement to any corporation with which Lessee may merge or consolidate, or which may succeed all or any portion of the business of Lessee. No assignment of controlling interest in the corporate stock of the Lessee shall be made without the consent of the Lessor. The Lessee -17- shall file the names of the Corporate Officers with the County Com- mission. ARTICLE XX - NOTICES Notices to Lessor provided for herein shall be sufficient if sent by certified mail, postage prepaid, addressed to: Director of Airports, Monroe County Key West International Airport South Roosevelt Boulevard Key West, Florida 33040 and notice to Lessee, if sent by certified mail, postage prepaid, addressed to: Mr Fred B Sellers Sr 17 Diamond Drive Kev West. Florida 33040 or to such other respective addresses as the parties may designate to each other in writing from time to time. ARTICLE XXI - PARAGRAPH HEADINGS The paragraph headings contained herein are for convenience of reference and are not intended to define or limit the scope of any provision in this lease. ARTICLE XXII - INVALID PROVISIONS In the event any covenant, condition or provision herein contained is held to be invalid by any court of competent juris- diction the invalidity of any such covenant, condition or provision shall in no way affect any other covenant, condition or provision herein contained; provided that the invalidity of such covenant, condition or provision does not materially prejudice either Lessor or Lessee in its respective rights and obligations contained in the valid covenants, conditions or provisions of this lease. ARTICLE XXIII - COVENANT NOT TO GRANT MORE FAVORABLE TERMS Lessor covenants and agrees not to enter into any lease, con- tract or agreement with any other restaurant, coffee shop or cocktail lounge with respect to the Airport containing more favor- able terms than this lease or to grant to any other restaurant, coffee shop or cocktail lounge rights, privileges or concessions with respect to the said Airport which are not in accord with the -18- Lessee hereunder unless the same terms, rights, privileges and concessions are concurrently made available to the Lessee. ARTICLE XXIV - SUCCESSORS AND ASSIGNS BOUND BY COVENANTS J~ll the covenants, stipulations, and agreements in this lease shall extend to and bind the legal representatives, successors and assigns of the respective parties hereto. ARTICLE XXV - RESTROOM FACILITIES .~ll restrooms shall be open during the operating hours and shall be maintained '"y the Lessor. ARTICLE XXVI - RESTRUCTURING OF PARTY WALL Subject to the plans and specifications agreed to by both the parties hereto, the party wall between the leased premises and the Terminal proper shall be restructured by the Lessee to provide for glass partitions. ARTICLE XXVII - NON-DISCRIMINATION CLAUSE The Lessee in exercising any of the rights or privileges herei'n granted to him shall not on the grounds of race, color or national origin discriminate or permit discrimination against any person or groups of persons in any manner prohibited by Part 15 of the Federal Aviation Regulations, and the Lessor is hereby granted the right to take such action, anything to the contrary herein notwithstanding, as the United States may direct to enforce this non-discrimination covenant. ARTICLE XXVIII - INTERPRETATION OF LEASE Nothing in this lease shall be construed or interpreted in any manner whatsoever as limiting, relinquishing, or waiving of any rights or ownership enjoyed by Lessor in the Airport property, or in any manner waiving or limiting its control over the opera- tion, maintenance, etc., of Airport property or in derogation of such governmental rights as Lessor possesses, except as is speci- fically provided for herein. -19- IN WITNESS WHEREOF, the parties hereto have caused this lease to be executed as of the day and year first above written. NTY OF MONROE, STATE OF FLORIDA hairman of the Cou y Commissioners of nroe County, Florida (Seal) "<"& ~ ,.1 /f::, -- ~ C erk (LESSOR) ~~L!~~ (LESSEE) This Addendum entered into on this ADDENDUM TO AIRPORT LEASE 4th day of May 1984, by and between Monroe County, Florida, hereinafter referred to as Lessor, and Fred B. Sellers, Sr., hereinafter referred to as LE!SSee, WIT N ESSE T H: That for and in consideration of the payment of Ten Dollars ($10) heretofore made by the Lessee to the Lessor, the following Addendum is hereto made to tbat certain Lease between these parties heretofore entered into on the 18th day of April, 1983. 1. That ~rticle I, paragraph A.4 is hereby amended to permit and allow the Lessee to utilize a three-piece music combo from 6:00 P.M. until 2:00 A.M. on Fridays, Saturdays and Sundays. 2. That Article I, paragraph A.l and Article Ill, paragraph H, be and the same ~re hereby amended to permit the construction of a patio roof on the north side of the facility being rented herein that shall extend to the security fence adjoining the commercial aircraft parking ramp. Since the Lease provides for a cessation of the leased premises six (6) feet from the security fence, no construction as provided in this provision shall encroach upon that aforesaid six (6) foot setback from the security fence. All of which is agreed to by the parties hereto. IN WITNESS WHEREOF, the parties hereto have fixed their hands and seals on the 4th day of May , A.D. 1984. (SEAL) COUNTY O~NROE, STATE OF FLORIDA \/// By /\.....C-/"'<- " Mayor ari~d Cha r of County Commissioners of '- Monroe County, Florida Witness By FRED B. SELLERS, SR. Attorney's Office Witness VED AS TO FORM GAL SUFFiC/U,CY BY SECOND ADDENDUM TO AIRPORT LEASE THIS SECOND ADDENDUM entered into this 7th day of October, 1992, by and between MONROE COUNTY, a political subdivi- sion of the State of Florida, hereinafter referred to as "Les- sor," and JOHN RICHMOND, President of CONCH FLYER, INC. and FRANK RICHMOND, Vice President of CONCH FLYER, INC., hereinafter referred to as "Lessees." WIT N E SSE T H: That the Lease Agreement entered into between Lessor and Lessees, dated April 18, 1983, and subsequently assigned to Lessees by an Assignment and Addendum to Airport Lease, dated January 23, 1985, is herein amended as follows: ARTICLE II - TERM This lease and all the rights herein granted shall become operative and effective on the'18th day of April, 1983, and shall end and terminate on the 17th day of June, 1994, unless sooner terminated by provisions herein described. Due to the anticipated construction of the new terminal building at Key West International Airport (KWIA) , upon the normal termination of this Lease, to continue to lease the premises Lessees shall have the option . ~.!': Y' :dHNG1~ descr1bed herein qn a month to ,'}i' month ba:sis only. Lessees shall exercise their option by notify- BE: 611 17-),\/W (6. ,GU,,",: He 0 u:n,,,i ing Lessor in writing at least thirty (30) days prl_or to the normal expiration of this Lease. Lessees' occupancy of the leased premises described herein on such a month to month basis shall continue until such time as the new terminal facilities are completed at KWIA. Prior to such completion, however, Lessor agrees to provide Lessees with ninety (90) days advanced notice of an estimated completion date of said new facilities. IN WITNESS WHEREOF, the parties hereto have caused this Addendum to Lease to be executed as of the day and year first above written. (SEAL) ATTEST: DANNY L. KOLHAGE, CLERK BY~C.~~ eputy ~r COUNTY COMMISSIONERS COUNTY, FLORIDA '~.41<- /(' B~'" (CORPORATE SEAL) Att~st '1) / !) ..,--) /LI /~J / 1M ,/ 7"'" ~_~ ~' ~'" , I " ~ecretary /':,- L By DIlto AMENDMENT TO AIRPORT LEASE This is an amendment to a lease doled April 18, 1983 (hereatter the original agreement), by and between the predecessor in interest to the Conch Flyer, Inc., rhereatter Lessee or Tenant), one Fred B. Sellers, Sr., and Monroe County, a political subdivision at the State of Florida rhereatter Lessor). WITNESSETH: That the original agreement, and the addenda to it dated October 7, 1992 and January 23, 1985, 011 of which are attached to and made a part of this amendment, are hereby amended lJS follows: l,j Article Ills amended to read: The term at this lease is extended until January 22, 2005, The Lessee may renew the lease for one additional 5-year term by notifying the Lessor in writing on or before July 22, 2004, of Lessee's intent to renew, The Lessor may decline to . ~ ~ grant the renewal of this lease if, at any time during the period up to Ja~are2, :n~:r l4; 2005, Lessee has committed, permitted, suffered or caused acts or omis~iat ~ O'r .- co' c,.) constitute a breach of this lease, regardless of whether the Lessee eith~~d ,... -t("')r- :z the act or omission or the Lessor waived treating such act or omissi~~a 'II ,.. c:> en breoch. ?> ,.., \0 "'T1 ;= ,." o "'T1 o :xl :xl ,." (") o :::0 o 2.1 Article III A,l, second paragraph, is amended to read: Lessee acknowledges, and consents to the disruption of its business operations during the approximately first 18 months following the effective date of this amendment because of the Lessor's reconstruction of the terminal building at Key West International Airport, Lessee agrees to make no claim against Lessor for such disruption or any claim based on business lost during the period of reconstruction, During the period of reconstruction the Lessee must make the improvements to the premises set forth in Exhibit A to this amendment. Exhibit A is attoched to this amendment and incorporated into it. 3.) Article III E. is hereby amended by the addition of the following: Lessee must olso pay the Lessor $75.00 per month for sewer service. which amount will be increased annually by a percentage equal to the increase in the c.p.1. {Miami/Ft. Lauderdale are) tor the previous year. 4.) Article III G, the last sentence. is amended to read: In the event Lessor is obligated to participate in any court proceedings in order to enforce any of its rights under this paragraph or to collect its rentals, fees and charges, Lessor, it successful in pursuing such litigation, shall be entitled to an additional amount in such sum as any District Court or Circuit Court having competent jurisdiction shall determine as a reasonable market value attorney's tee. 5.) Article XIV, the insurance requirements, are amended to read: The Lessee must keep in tull torce and effect during the term(s) at this lease the insurance set torth in Exhibit B. Exhibit B is attached to this amendment and incorporated into it. 6.) Article XXVI is hereby struck and is of no further torce and effect. 7.) Article XX is amended to read: ARTICLE XX - NOTICES Notice to Lessor provided for herein shall be sutficient if sent by certified mail, postage prepaid, addressed to: Director of Airports, Monroe County Key West International Airport 3491 South Roosevell Boulevard Key West, Florida 33040 and notice to Lessee. if sent by certified mail, postage prepaid, addressed to: 2 john Richmond Conch Flyer 3495 S. Roosevelt Boulevard Key West, Florido 33040 or 1"0 such other respecl"ive addresses as the parties may designate to each other in writing tram time to time. 8.) Article XXVII is amended to read: A. The Tenant tor himselt. his personal representatives, successors in interest. and assigns, as part of the consideration hereof, does hereby covenant and agree that II) 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, or 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 compliance wifh all other requirements imposed y or pursuant to Title 49. Code of Federal Regulations, Department of Transportation, Subtitle A, office of the Secretary, part 21. Nondiscrimination in Federally-assisted programs of the Departmenl at 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 as if said lease had never been made or issued. The provision shall not be effective until the procedures of Title 49, Code of Federal Regulations, Part 2t are followed and completed including exercise or expiration of appeal rights. 3 B. It shall be a condition of this lease, that the Lessor reserves until ifself, its successors and assigns, tor 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 hereinofter described, together with the right fo cause in said airspace such noise as may be inherenf in the operation of aircraft now known or hereafter used, for navigation of or flight in the said airspace, and for use of said airspace for landing on, taking off from or operating on the airport. That the Tenant expressly agrees for itself, its successors and assigns, to restrict the height of structures, objects of natural growth and other obstructions on he hereinafter described real property to such a height so as to comply with Federal Aviation Regulations, Part 77. That the lessee expressly agrees for itself, 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 of the airport, or otherwise conslilute an airport hazard. C, This iease and all provisions hereof are subject and subordinate to the terms and conditions of the instruments under which the Airport Owner acquired the subject property from the United States of 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 from the Airport Owner, and any existing or subsequent amendments thereto, and are subject to any ordinances, rules or reguiations which have been, or may hereafter be adopted by the Airport Owner pertaining to the Key West International Airport. D. Notwithstanding anything herein contained that may be, or appear to be, to the contrary, it is expressly understood and agreed 4 that the rights granted under this agreement are nonexclusive and the Lessor herein reserves the right to grant similar privileges to another Lessee or other Lessees on other parts of the airport, 9,) Article XXIX is hereby created to read: Venue for any litigation arising under this agreement must be in a Court of competent jurisdiction in Monroe County, Florida, 10,1 Except os specitically provided in this amendment to the airport lease agreement, the terms, conditions, obligation and duties of the original agreement and , :~ addenda lemain in full force and effect. ......,- '........, /1;;r)"\,\' ;"',]1.) This amendment to the airport lease will take effect on the date at the signature "'Lil~' , 'It Of.-'- ,\ . " .... ,~~\~\~~party to execute it. ,..,,~.> ...</ "A~~~ANNY L. KOLHAGE, CLERK By'?..rt~ eput lerk Date:-4~q S , F COUNTY COMMISSIONERS OF ECOU ~ 4~ r- Mayor/Chairman ..-, Date: pcon/amnde<:>nk..dOc APPROVED AS TO fORM A Al B 5 EXHIBIT 'A' IMPROVEMENTS The following is a list of capital improvements, repairs, replacements proposed to THE CONCH FLYER RESTAURANT to he done during the construction phase ofthe Key West Airport Terminal Renovation, The total cost of these improvements shall be born by the lessee and will require NO COUNTY FUNDING, The improvements made to the premises will include, but not be limited to: A) Replacement of present Walk in Cooler refrigeration box and associated compressor unit. Estimated cost (including labor)""",,$15,942,00 B) Replacement of present Garland Gas Range, Sahmander, Broiler and Oven units with Garland high efficiency gas range units 42" griddle and double ovens Estimated cost (including shipping, installation and disposal fees"""""".$9,532,00 C) Repair and installation of new gas lines, tanks and gas regulator systems including gas shut off emergency systems to replace irrepairable existing system, To be completed and certified by Public Gas Inc. Estimated Cost: $2,500,00 0) Replace and install two new Frymaster gas deep fryers and associated Plumbing: Estimated Cost: $3,600,00 E) Purchase oftwo replacement Reach in Freezer units by True Refrigeration: Estimate cost of purchase and Wireing installation:" "".,,$13,500.00 F) Purchase of Hogisaki 1000 icemaker and stroage bin: Est Cost: $5,300,00 G) Replacement ofal! stainles steel prep tables (6) and purchase of storage racks pantry shelves and misc. kitchen equiptment..."." ,Est Cost: $4,000.00 I) Replacement of ale ducting, kitchen ceiling, clean up of existing electrical wiring and installation of an additional 6 tlourescent ceiling fixtures, Estimated Cost: including labor: $6,000,00 J) Carpentry, electrical, and plumbing to repair and replace kitchen wall areas due to age, water damage, and install new dishwashing area Estimated Cost: $4,000,00 K) Replace existing lenolium kitchen tloor with commercial grade Quarry tile and plumg for drainage Est Cost including labor and removal of old floor: $6,500,00 L) Upgrading and repairing existing 200 amp electrical service to 300 amps and inspecting and repairing existing wiring to meet current needs and code: Est Cost $3,000,00 M) Replace exisiting lenolium floor on observation deck with Quarry tile and Seal for leaks Actual Cost: $3,655.00 N) Remove, repair, and install new landscapeing on the area facing Cape Air Trailer Replace walkway, facade, and install 26 tons of screeting sand and landscape timbers along with associated lighting and signage. Actual Cost: $6944.00 0) Removc, repair and install new undercounter sinks and refrigeration units behind bar area and replace existing sinks, faucets, and.associated plumbing. Estimated Cost: $3,600.00 P) Build and Install custom three piece 46 foot bar top with customs lamination and photographs Actual Cost: $4,400.00 Q) Replacement of66 ($135 ea) chairs and 30 ($114 ea) bar st091s: Est Cost: $12,330. . R) Carpet replacement in dining room and Customer waiting area: Est Cost: $2400.00 S) Replacement of 8 Ceiling fans and installation of 16 recessed can light to replace the three existing hanging fixtrues Est Cost: $2,100.00 T) Budgeted amount for miscellaneous supplys, tools, and non budgeted items and cost overruns. Budgeted amount: $10,000.00 EXHIBIT 'IB' INSURANCE 1996 Edition I' \ MONROE COUNTY, FLORIDA RISK MANAGEMENT POLICY AND PROCEDURES CONTRACT ADMINISTRATION MANUAL General Insurance Requirements for Airport/Aircraft Activitics " Prior to the commencement of work governed by this contract (including the pre-staging of personnel and material), the Vendor shall obtain, at his/her own expense, insurance as specified in the attached schedules, which are made part of this contract. The Vendor will ensure that the insurance obtained will extend protection to all Contractors engaged by the Vendor. The Vendor will not be pennitted to commence work governed by this contract (including pre- staging of personnel and material) until satisfactory evidence of the required insurance has been furnished to the County as specified below. The Vendor shall maintain the required insurance throughout the entire term of this contract and any extensions specified in any attached schedules. Failure to comply with this provision may result in the immediate suspension of all activities conducted by the Vendor and its Contractors until the required insurance has been reinstated or replaced. The Vendor shall provide, to the County, as satisfactory evidence of the required insurance, either: . Certificate of Insurance or . A Certified copy of the actual insurance policy. The County, at its sole option, has the right to request a certified copy of any or all insurance. policies required by this contract. All insurance policies must specify that they are not subject to cancellation, non-renewal, material change, or reduction in coverage unless a minimum of thirty (30) days prior notification is given to the County by the insurer. The acceptance and/or approval of the Vendor's insurance shall not be construed as relieving the Vendor from any liability or obligation assumed under this contract or imposed by law. The Monroe County Board of County Commissioners, its employees and officials will be included as "Additional Insured" on all policies, except for Workers' Compensation. Any deviations from these General Insurance Requirements must be requested in writing on the County prepared form entitled "Request for Waiver of Insurance Requirements" and approved by Monroe County Risk Management. ^cllninistr;ttiorl Instruction 1!.17i)/).2 21 ( INSURANCE REQUIREMENTS FOR CONTRACT BETWEEN MONROECOmITY,FLORIDA M'D .~ '.. Prior to the commencement of work governed by this contract, the Contractor shall obtain Gerieral Liability Insurance. Coverage shall be maintained throughout the life of the contract and include, as a minimum: . Premises Operations . Products and Completed Operations . Blanket Contractual Liability . Personal Injury Liability . Expanded Definition of Property Damage The minimum liinits acceptable shall be: $500,000 Combined Single Limit (CSL) If split limits are provided, the minimum limits acceptable shall be: $250,000 per Person $500,000 per Occurrence $ 50,000 Property Damage 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 contract. In addition, the period for which claims may be reported should exiend for a minimum of twelve (12) months following the acceptance of work by the County. The Mo.nroe County Board of County Commissioners shall be named as Additional Insured on all policies issued to satisfy the above requirements. GLl ~) ( VEHICLE UABIUTY INSURANCE REQUIREMENTS FOR CONTRACT BETWEEN MONROE; COUNTY, FLORIDA AND Recognizing that the work governed by this contract requires the use of vehicles, the Contractor, prior to the: commencement of work, shall obtain Vehicle Liability Insurance. Coverage shaH be maintained throughout the life of the contract and include, as a minimum, liability coverage for: . Ovmed, Non-Ov.'IJed, and Hired Vehicles The minimum limits acceptable shall be: $100,000 Combined Single Limit (CSL) If split limits are provided, the minimum limits acceptable shall be: $ 50,000 per Person $100,000 per Occurrence $ 25,000 Property Damage The MO!lIoe County Board of County Commissioners shall be named as Additional Insured on all policies issued to satisfy the above requirements. \1-1 " LIQUOR UAB[UTY INSURANCE REQUIREMENTS FOR CONTRACT BETWEEN MONROE COUNTY, FLORIDA - AND " ":]:, r, '-1".- .... ...,' .~. '.~'..i. Recognizing that the work governed by this contract involves the sales and/or distribution of alcoholic beverages, the Contractor's General Liability Insurance policy shall include Liquor Liability with limits equal to those of the basic coverage. A separate Liquor Liability policy is acceptable if the coverage is no more restrictive than the Contractor's General Liability policy. The Monroe County Board of County Commissioners ",ill be included as Additional Insured if a separate Liquor Liability policy is provided. GLLlQ ~9 r"J~[""SIE "~Ei\I[j;IMI[l;Ii\il" Conch Fiyer, Inc This is an amendment to a lease dated April 18, 1983 (hereafter the original agreement) by and between the predecessor in interest to the Conch Flyer, Inc., (hereafter Lessee), onl~ Fred B. Sellers, Sr., and Monroe County, a political subdivision of the State of Florida (hereafter County). WITNESSETH WHEREAS, additional security measures have rendered part of the Lessee's premises unusable as part of a restaurant and lounge; WHEREAS, the County desires to make available space at KWIA equivalent to that lost by the L.essee due to additional security measures; now, therefore IN CONSIDERATION of the mutual promises and covenants set forth below, the parties agree as follows: 1. The original agreement, and amendments dated January 23, 1985, October 7, 1992 and April 8, 1998, are attached to this lease amendment and made a part of it. 2. The description of the L.essee's premises set forth in Article I, paragraph A.1, of the original agreement is modified by Exhibit A which is attached to and made a part of this lease amendment. The parties agree that Lessee's premises now consist of those depicted in Exhibit A. 3. In all other respects the original agreement, as amended, remains In full force and effect. 4. This lease amendment will take effect on the signature date of the last party to execute it:. IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year indicat$l below. (SEAL) ATTEST: DANNY L. KOLHAGE, CLERK By (3, ~.~ ~Ierk Date / ~ &...~ (SEAL) :~e~~, 1(\ Q~~ Title Date - ~~. ()~ jalrportconchflyer BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA ~ "yt ~ >n~~~r= " ':r~ rr1 By ,.(, 'J/u.. . ~~ Mayor/Cha~ w ~ ~::o"-" z. 0 -0 ........ -H"")r- ...'.1 -<.....:::: ::ii: r'Yl ~.)> N n C. ~;:'l/f1 :. ~.c"' UJ ./''- / , ~/ 1'41, , ~~. ROBE .' CHIEf j\SSISJ~~ D.".t/~r CJ .3 eXHIBIT 'A' AIR SIDE AND LAND SIDE LEASE AREAS J .,. n r; ,. 0 )) 0( Z m n 1:l " :c (t) c: ::b f1l ~ x -' III ':"\ -. '." -' ~ 19 T '. 0 C ., Q. 0 0 ( ~ ? r- r ...! -, .J.ll ~ oJ (:s \AI ~ r>> .- p ~ ~CI- (\) I/) CL.. If) /.I) :to -'l(l:l ..0 L.. C c /:J 31 I :l> ~ ;s (II Ii) ~ to ro- .. "1:> ~ a.. ~ (tl (1\ ~ -\ -\ =:~~.~=~~~.~~~.~~~~~~~~~;=-~~~~~=~= . . .~ ....=j See LIlli!" FeNce SWORN STATEMENT UNDER ORDINANCE NO. 10-1990 MONROE COUNTY. FLORIDA ETHICS CLAUSE ~ ok,,,, K, cl'YVY'.",,;:' warrants tha@it has not employed, retained or otherwise had act on&/its behalf any former County officer or employee in violation of Section 2 of Ordinance No. 10-1990 or any County officer or employee in violation of Section 3 of Ordinance No. 10-1990. For breach or violation of this provision the County may, in its discretion, terminate this contract without liability and may also, in its discretion, deduct from the contract or purchase price, or otherwise recover, the full amount of any fee, commission, percentage, gift, or consideration paid to the former County officer or employee. --) , .I ") . /) .~ . .' , ..... /J I / / I/L' / (' c'/ // signature) \d. \, ()~ <::.-.., Date: STAIEOF -s;.\0'\:,"\))\ COUNTYOF '\f\O\),\Oe, PERSONALLY APPEARED BEFORE ME, the undersigned authority, ~~" ~ ~()(\ ~O('\t, who, after first being sworn by me, affixed hislher signature (name of individual signing) in the space provided above on this \ S\. _ day of S::JH:P 'ffi '\:'lE> (" , 20.Q3.. ~~~~<l.O ~ NOTARYP IC My commission expires: . 8\:- SIo 05 OMB - MCP FORM #4 PUBLIC ENTITY CRIME STAT~ft~IENr "A person or affiliate who has been placed on the convicted vendor list following a conviction for public entity crime may not submit a bid on a contract to provide any goods or services to a public entity, may not submit a bid! on a contract with a public entity for the construction or repair of a public building or public work, may not submit bids on leases of real property to public entity, may not be awarded or perform work as a contractor, supplier, subcontractor, or consultant under a contract with any public entity, and may not transact business with any public entity in excess of the threshold amount provided in Section 287.017, for CATEGORY TWO for a period of 36 months from the date of being placed on the convicted vendor list. " G?lJ U~A~e ~Mi:!\I[1JWME!MT KWIA Conch Flyer, Jne. This is an amendment to a lease dated April 18, 1983 (hereafter the original agreement) by and between the predecessor in interest to the Conch Flyer, Inc., (hereafter Lessee), one, Fred B. Sellers, Sr., and Monroe County, a political subdivision of the State of Florida (hereafter County). WITNESSETH IN CONSIDERATION of the mutual promises and covenants set forth below, the parties agree as follows: 1. The original lease agreement between the parties (and Lessee's predecessor), and amendments dated January 23, 1985, October 7, 1992, April 8, 1998, and December 17,2003 are: attached to this lease amendment and made a part of it. 2. The term of the original lease agreement is extended from January 23, 2005 through January 22, 2010, as authorized by the April 1998 amendment to the original lease agreement. 3. In all other respects the original lease agreement, as amended, remains in full force a nd effect. 4. This lease amendment will take effect on the signature date of the last party to execute it.. IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year indlcatedbefow. {S~L) , ,A 'TrEST: DANNY L. KOLHAGE, CLERK By G----dJ/. .~ 7'~tteputy Clerk Date ~7 1'/, t.-D'1 .......:"... MICHELLE MARPlE i.1"Ji}';\ MY COMMISSION I CC 982976 \j. i j EXPIRES, F.brua~ 26, 2005 "'~nr.r.l.' ScmdellThruNolllryPublicUndelWriler. BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA "" ~ S~ ~ ~ By. (~N 8 yor/Chai'll:l~ ' N .." 0(")' ..., 0 c:::;;::r ::0 z. C ... ::tJ -tnr :z ;<:-f:r ", ... > 5 ~ CONCH FLYER, INC. ~ ~ ~ ", //fr/(, _ 9 /' <---J itle~~ (SEAL) Attest: ~~Ie~~~~~~~~~o Date c: Q; ,~ jalrconchflyerX MONROE COUNTY ATTORNEY P A TO FORM: CHIE D.U.~,", LOBJB:YING AND CONFUCT OF ThfTIERES'f CJLAUSIE SWORN STATEMENT UNDER ORDINANCE NO. 010-1990 MONROE COUNTY, FLORIDA ETHICS CLAUSE .._ warrants that he/it has not employed, retained or otherwise had act on his/its behalf any former County officer or employee in violation of Section 2 of Ordinance No. 10-1990 or any County officer or employee in violation of Section 3 of Ordinance No. 10-1990. For breach or violation of this provision the County may, in its discretion, terminate this contract without liability and may also, in its discretion, deduct from the contract or purchase price, or otherwise recover, the full amount of any fee, or e oyee. Date: (signature) .y. /&.9.00"1 STATE OF " \0'(,:' \ \)(.\ COUNfY OF \00'\\'\ or, PERSONALLY APPEARED BEFORE ME, the undersigned authority, who, after first being sworn by me, affixed his/her signature (name of individual signing) in the space provided above on this \ d. -\-'(j day of ~)\'\ jf\ \t'))~-~ (L rnO-\~Q Q \ NOTARY pDBrtJc ,2003. My commission expires: OMB . MCP FORM #4 ~ilJ:>.. ,r~"'fi ,~' .nr,,'f,... MICIlEU.E MAAI'LE MY CC>>.4MISSION , CC 982976 EXPIRES: February 26, 2005 9MQed TItruNaleryPLtlk Lhlelwritel'& i:S,[UJSUC IENTrrv CRiME SY !;\o.YIE5\1i~~T ='co"--=---- -_.--==--'-~"='~==_-_-==-----,"=''--''~~O'-'--~_'~''_'~--="''''"-'="'-~''_'"''-''''''''''-''== "A person or affiliate who has been placed on the convicted vendor list following a conviction for public entity crime may not submit a bid on a contract to provide any goods or services to a public entity, may not submit a bid on a contract with a public entity for the construction or repair of a public building or public work, may not submit bids on leases of real property to public entity, may not be awarded or perform work as a contractor, supplier, subcontractor, or consultant under a contract with any publk entity, and may not transact business with any public entity in excess of the threshold amount provided in Section 287.Dl7, for CATEGORY TWO for a period of36 months from the date of being placed on the convicted vendor list. " /------- , ):i:!f.if-.--,... C,::Y~>Jt-,.,.> ~-~;~~Jt. ~:"'~~-'{i""/ THE CONCII FLYER RES'I'JlUIUIN'I' 3495 South Roosevelt Blvd. Key West, FL 33040 Phone 305-296-6333 Fax: 305-293-9196 February 28. 2004 Bevette Moore Airport Business Administrator Key West International Airport 3495 S. Roosevelt Blvd. Key West, FL 33040 Dear Bevette, Per our 1ease agreement addemla dated October 7, 1992 and January 23, 1985, this letter is to notifY the county of our intent to exercise our additional5-year term renewal option to go into e:fIect on January 23, 2005. We have enjoyed our relationship with the county and its administrators and look forward to continuing it in the future. Thank you for your efforts and cooperation. Sin~lY,) . ~ . ( (' ."-:.:---, JO~;:~~ Conch Flyer, Inc. Cc/filelregistered mail --J "'-...' r----.L:r~ ,-,( . ,:.....~; . ...-~ ........<.-\.I\...! " i.if r- __n..; , I toM-331M . L... q_J f\~F', . "~'.; :.; : -- --.. ~ --- --~ LEASE AMENDMENT KWIA CONCH FLYER, INe This is an amendment to a lease dated April 18, 1983 (hereafter the original agreement) by ane! between the predllCessor in interest to the Conch Flyer, Inc., (hereafter Lessee), one Fred B. Sellers, Sr., and Monroe County, a political subdivision of the State of Florida (hereafter County). WITNESSETH WHEREAS, Key West International Airport terminal building is under contract to undergo renovation and expansion ofits current facilities; and WHEREAS, Conch Flyer, Inc., currently holds a lease for food service facilities within the Key West International Airport Tenninal Building through January 22, 2010; and, WHEREAS, the terminal expansion and renovation project will require a substantial investment by Conch Flyer, Inc., in order to properly equip and outfit the food services facility within the newly renovated and expanded airport terminal building; and, WHEREAS, Conch Flyer, Inc., has applied for financing with First State Bank in order to fund the outfitting of the new food service facilities; and, WHEREAS, First State Bank has indicated by letter dated January 26, 2006 that Conch Flyer, Inc., will need to obtain a lease extension in order to properly amortize the loan; and; WHEREAS, Conch Flyer, Inc. will need to expend at least one million Dollars($I,Ooo,Ooo) in order to properly outfit and equip the new food services facility; now, therefore, IN CONSIDERATION of the mutual promises and covenants set forth below, the parties agree as follows: 1. The original lease agreement between the parties (and Lessee's predecessor), and amendments dated January 23, 1985, October 7, 1992, April 8, 1998, December 17,2003 and May 19, 2004 are attached to this lease amendment and made a part of it. 2. The term of the original lease agreement is extended form January 23, 2010 through January 22, 2030. 3. Article ill - RENTAL CHARGES, subsection Al(a) ofthe original lease is amended to read as follows: (a) That Lessee agrees to pay 10"10 of gross proceeds or receipts each month but no less than a guaranteed $2,000 per month. Beginning with the July 2008 monthly rental payment, Lessee agrees to pay 10% of gross proceeds or receipts each month but no less than a guaranteed $6,000 per month. 4. Co]~ch Flyer, Inc. agrees to properly outfit and equip both the food service facilities and their associated food preparation areas by expending one million dollars ($1,000,000) for such purposes by the completion date of the Key West International Airport - New Terminal Building And Renovation Project. 5. If Conch Flyer, Inc fails to properly outfit and equip both the food service facilities and their associated food preparation areas by expending one million dollars ($1,000,000) for such purposes by the completion date of the Key West International Airport - New Terminal Building And Renovation Project, this amendment shall become void. 6. In all other respects, the original lease agreement, as amended, remains in full force and effect. 7. This lease amendment will take effect on the signature date of the last party to execute it. IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year first above written. (SEAL) ATTEST: DANNY L. KOLHAGE, CLERK BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By G.-t~'1'<-.L Deputy Clerk Date ~.tcL'1. 2..0 to By Witnesses B~~:) /fitle ~-""'/7>"'.v;-- .;..... Th;~ocument " y: ( Pedro J. Mere 0, Esq. ~ Cty Attorney Florida Bar 0.: 0084050 P.O. Box 1026 Key West, FL 33041-1026 (305) 292-3470 .... :% c::> "" c ~ 0 :x- r- % ::J: ~ ., -;;oo~ :. a ~ o,...~ -c: ""'",,-< I ..,., n. ,... N 0 an' ;0 c:-~ ::0 :r:.?o ~ -Ic::-" rn -<~_c n .. . "J.'" W 0 "" '" ::0 r- rri ell C )> ..... THE CONCH FLYER RESTJlUBJlNT 3495 South Roosevelt Blvd Key West, FL 33040 Phone 305-296-6333 Fax: 305-293-9196 March 5, 2006 Mr. Peter Horlon Monroe Counlly Director of Airports Key West International Airport Key West, FL 33040 Subject: Lease Extension of Conch Flyer Restaurant Dear Peter, As requested in our last series of meetings, please find enclosed a copy of the most recentlcase amendmenl cover page extending our lease till Janumy 22"", 20 I O. This is the most current documenl in our lease file. As we have discussed, we are.requesting our lease be extended an additional 20 years (Janumy 22"" 2030) in order to amortize our build out investment of over one million dollars. To date, I have invested over $25,000 in architectural and design fees on our new project but in order to secure further financing ftom our lending institution, they will require a signed extension to our lease. First State Bank has given preliminaJy approval to our loan pending our lease extension. I have enclosed a letter from Diane Gibson and Kurt Lewin detailing their requirements. At current rates of interest on commercial mouies, I cannot see a practical way to amortize this amount of debt within a shorter time frame and still be able to provide the traveling public with "reasonably priced" food and beverage service. As you and I both agreed, we don 'I want the type of airport "clip joint" that sells $12 hamburgers. I feel that with this extension, we will be able 10 maintain our established prices and quality, while still being able to service our debt. Again, my thanks to you and all the other professional we have worked with for the past two years to get to ~, :':.;,;:;>>~::-")- . /fid~~ / .' JOhnRi~ <~~ Conch Flyer, Inc. Cclfile " , ~~:~:/ ~/ 1~~R!i ~. Sic1TE lANK WWW.Uy.l!IlIIU.Ill@1@ ll1m1al~Y 26, 2006 .. .. John Richmond C/O Conch Flyer Inc. 3495-8 S Roosevelt Blvd. Key West FL 33040 . RE; FinariCiBgRequest Conch Flyer, Inc. Dear John: It was my pleasure to meet with you recently to discuss my assistance with your financing needs for the renovation of your restaurant at the Key W'est Airport. I attended the ground-breaking ceremony and First State Bank is very excited about this beautiful remodeling of the airport facility. At the time we met, [ handed to you a checklist of items that we will need to proceas your loan request and had discussed needing a copy of your existing lease. In checking with our Senior Lending Officer, Kurt Lewin, I was advised that we will also require a copy of your lease extension. I look forward to working with you on this project aRd to help you secure your financing. If you should have any questions, please feel free to contact me at (305) 293-6800. Sincrely, 'lMN; ~,GU~ Diane J. Oibson . Vice President B1'llIIC:h Manager Idjg . x.., ... om.- MaIn. Boulevard, Key west WInn Dixie. Old 'lbwn. Stcdt Island ..... & IIWd1e ...,..om- SUprIoaf. SUmmedand, BIg Pine Annex. Big PIne Wlnn DIXIe, MIIndIon upper ...,. OM- .... tsIammada, Key Lalgo, Key Lalgo 1RdewInds Plaza G228 7102 _...__. Gti)IT~~CH fl ViER RIE8iTb\JUMNi ~lEi!\n('.tEi,l ~Yfi'i;:Of,Q){J'~'c'iI[L~ !1lfl"!@lijf<liis of N,~w Rel!imm'~il~ Squl!lrfl Foo~ge Chll~!;ll"'$: MAIN TERMINAL TICKETING AREA RESTAURANT: Dining Room, Cocktail Lounge Sqfft: 2770. Kitchen, Storage, and Prep Area 1205 ._--~---_._._-~ - -~----- TOTAL SQUARE FOOTAGE: 3975 SECURE QePARTURE A({EA RESTAURANT: Dining Area and Customer SeIVice Areas: 440 Kitchen, Storage, and Prep Area 525 TOTAL SQUARE FOOTAGE: 965 OUTSIDE BEACH AREA CUSTOMER SEATING: Dining Area and Customer SeIVice Areas: 925 925 TOTAL SQUARE FOOTAGE: TOTAL INTERIOR SQUARE FOOTAGE: TOTAL EXTERIOR SQUARE FOOTAGE: TOTAL INTERIOR AND EXTERIOR SQUARE FOOTAGE 4900. 926 6926 PROJECTED INCOME FROM OPERA11ONS: Main Restaurant: (assuming a 20% increase in operations)': Beach and Patio: (Estimated on Projected Traffic Flow) Contribution to Capital Improvements (Long term Debt) $70,373.18 $36,500.00 L $96,671.16 , TOTAL REVENUES TO TENANT SPACES: $203,544.32 Revenue per Square Foot: (Proposed) Interior Square Footage ( $37.00 per ft/sq) e:K ~terlor Square Footage ( $24.00 per ft/sq} _ BQlQl( - RENT PROPOSAL: We propose that the current rent obligation of 10% of Gross Sales from revenue operatio continue in the new lease agreement. It is our projection that the increase in traffic flow Ie restaurant and the addition of the second location in the departure lounge will offset the in rent and costs and stll provide the County with the require square foot revenues in needs. As in the existing lease, the tenant would receive credit over the lease term for monies in\ in capital improvements. We would also be agreeable to the Monthly minimum specified i existing lease agreement be raised from its present level of $2,000 to $6,000 . $181,300.00 $22,200.00 C!{)l\1iCH FIL V'/€6'i! ~fESi;l'ldjUR~Nr IhriOO year Ssie'$ A!:1!iIlilf$i$ ~ 4- '" 200.1.. ~ ~ AVERAGE January $43,965.57 $43.408.96 $47,530.42 $44,968.32 February $47,999.21 $54,133.34 $54,083.89 $52,072.15 Marcil $53,085.74 $51,107.73 $68,192.54 $57,462.00 April $42,610.21 $40,154.86 $52,614.63 $45,126.57 May $42,302.77 $41,855.60 $49,885.16 $44,681.18 June $40,826.71 $39,004.59 $41,610.40 $40.48057 July $34,459.68 $36,993.26 $44,156.40 $38,536.45 August $30,832.36 $26,172.26 $41,952.19 $32,985.60 September $35,043.92 $32,654.95 $22,451.60 $30,050.22 October $39,553.11 $41,876.73 $39,464.23 $40,298.02 November $39,664.14 $46,049.35 $42,720.29 $42,817.93 December $36,510.00 $33,144.64 $40,886.62 $36,640.42 TOTALS: $486,873.42 $486,556.27 $545,528.57 RENT PAID RENT PAID RENT PAID RENT PAID January $4,726.30 $4,686.46 $5,109.52 $4,834.09 February $5,159.92 $5,819.33 $5,814.02 $5,597.76 March $5,706.72 $5,494.06 $7,330.70 $6,177.17 AprIl $4,560.60 $4,316.65 $5,656.07 $4,851.11 May $4,547.55 $4,499.48 $5,362.65 $4,803.23 June $4,388.87 $4,192.99 $4,473.12 $4,351.66 July $3,704.42 $3,976.78 $4,746.61 $4,142.67 August $3,314.48 $2,813.52 $4,509.86 $3,545.95 September $3,767.22 $3,510.41 $2,413.57 $3,230.40 October $4,251.96 $4,501.75 $4,242.40 $4,332.04 November $4,266.05 $4,950.31 $4,592.43 $4,602.93 December $3,924.63 $3,563.05 ~~9~ $3,960.35 TOTALS: $52,338.89 $52,304.80 ~,t4f.3 $54,429.34 AVERAGE MONTHL Y RENTAL: $4,535.78 MIMIMUM REOUIRED IN LEASE AGREEMENT $2,000.00 MINIMUM RENT PER SOIFT REOUlRED: (2822ft/sq) $8.50 per FtlSq. ESTIMATED PAYMENT TO AMORTIZE DEBT: $1,000,000 @ 7.5% 20 Year Schedule ~~~ ARJI!:;~g ,D,L-=: RJ~NTAJ" !::H{~..9!~, A.I The Lessee agrees to pay the Lessor at places so designated by the Lessor for the use of these premises, facilities, rights, , licenses, services and privileges granted hereunder, the following rentals, fees and charges, all payable in monthly installments COver- ing the ensuing calendar months. Should it occur that the commence- ment or cessation of the terms with respect to any of the particular premises, facilities, rights, licenses, services and privileges as herein provided falls on any date other than the first or last day of a calendar month, the applicable rentals, fees and charges for that month shall be paid for that month prorata according to the number of days in that particular month during'which said particular premises, facilities, rights, licenses, services and privileges were enjoyed; and the Lessee further agrees to pay on or before the 15th day of each month following the last day of eaph calendar month throughout the leasehold term the following: (a) That Lessee agrees to pay 10% of gross proceeds or receipts each month but no less than a guaranteed $2,000.00 per month. (b) First month's guaranteed rent of $2,000.00 shall be paid when this lease is signed and a security deposit equal to a guaranteed month's rent to be paid when business opens. It is agreed by the parties hereto that during the first five (5) yearE' of this lease agreement, the Lessee shall be entitled to . t for an rental sum due to the Lessor in excess of $2,OQO.OO per month Until the amount expended for permanent improvements made on the premises such as the plumbing, the electrical work, the duct work for the air conditioning and other permanent fixtures, (exclud- ing however, the furnishings), have been recaptured by Lessee. Said credit shall extend until such permanent improvements have been recaptured in accordance with a list of the same attached hereto and marked Exhibit "B" and approved by both the Lessor and Lessee. ~ --, -2- , AI, 7 Z4 ",,,,,. '00' C"".il Loong" .eo,.ureo' ",d coffee Sho' '0' . 1,O'~ ,qUOr. ,ou' kl"'''' w.,bro'", ",ili'Y ar'" .il 10"'" ""hio ,h' ,."",.r ""ian1 hoildiog " ," g.y ",,' to"""i-1 Air,,,,or, 'o,' 'e.'. "o,id', AI" ho In,lud' ,be ,r'o b.".... ,be Ai"." T..-' "d ". ,be _".m .d,' of 'M fir' """ ,oad 1."", .'J"'" ho ,be ,...A. 1lu,1ding ... t"" "rkidS t"" in 'ton' 0' the T.rotan1 r.'l.,t., on ,ho ,1'" ..d. · ,.t' her." end ..rk.d .""ibit "A". It i. "odor."'.' ,hat 00 ..J or ,tmot"n1 or ...,iR" ,hao,' ,Mil b. ..... """ ..hil>il "A" or ,hall b. ho,"", .".,t ...,. ",,,lOu ....,.n' of Lessor. of ..... .,.., liqUOr li,..,e 6 CO, No. 5'-515 fr"" · ,bird ,.r'Y ,n ,he L."" ",.. ,h' ...,u'ion ..d ..liv.ry 0' ,hi' ,..... Tha' ..id t.teil liqUor H'.... .hal.1 .ot b. ,,,,,f.,,.. fr" ",. ,r...., 1"'''''' ....ly. gey ..., Int.,",'i...l Ai<pO'" .., we'" Fl0,i'" "r- ,ber. that lu ",. eVent ,hi' ,.... ,hail ..,.i" '" .hail b. ,or- .""ted by...... 0' viol"i" or non-'orf"'...." by t" Le"" 0' eny of ,be cov.....". .",._.to. end/o' ,"o"'i'" ..nln. ",. w... .g.." ho ...."" _,.vor ..._to .., .. "q"i,.d ho _.for tho "id ,.ton 11q"O' it"'" to ,ho Le"o" or to ."" or ,."..' .. Le"or _y d......... """",. it b.lug ,,,n, .by and betWee1ll all 1>_1:.1e8 to thi8 lease. );li:~."" . ,..... ..- . __ ~ .. ~... 1..- ~..... 'out ,,;1"; " .. '~'J". - _1o:L1. .., ,hot ,h' ",'0' .hell ,.".. ,he ,ren.f" fo' ,h' r.,.i1 LUS~ AMl!il'JfilIl'1ill!!'\!, KWIA Conch Flyer, Inc. This Is ell1 i!lmendment to ~ lease dated April ~8, 1983 (hereafter the original agreement) by and between the predecessor in interest to the Conch Flyer, Inc., (hereafter Lessee), one! Fnw B. Sellers, Sr., and Monroe County, II pOlitical subdivision of the State of Florida (here'8fter County). WITNESSETH IN CONSIDERATION of the mutual promises and covenants set forth below, the partIes agreEi as follows: 1. The orlg/nal/ease agreement between the parties (and Lessee's predecessor), and amendments dated January 23, 1985, October 7, 1992, April 8, 1998, and December 17,2003 are attached to this lease amendment and made a part of it. 2. 'The term of the Original lease agreement is extended from January 23, 2005 through January 22, 2010, as authorized by the April 1998 amendment to the original lease agreement. 3. In all other respects the original lease agreement, as amended, remains In full force and effect. 4. ThIs lease amendment will take effect on the signature date of the last party to execute It. · '. . . I1'4'9!ITNESS WHEREOF, the parties hereto have set their hands and seals the day and year 1'lIfbtect belOw. ts'E'AL) A"!JEST: DANNY L. KOLHAGE, ClERK BvG. tfl c~ uty Oerk Date ~ ~ c.-.., BOARD OF COUN'TY COMMISSIONERS OF MONROE COUN'TY'~ FLORI~ ; ;=2 By A....~ ( :z a . or/Chal. N ." C'). ..., 0 i$::> ;:u ....n~ ~ ;:U' :<....~ - ~ CONCH Fl: R, INC. ~ ~ go ci .~~ - ~0 - ""----- tie .bib (SEAL) Attest: 1ICItB!E_ MY CCMMIS8lOII 'CC9l!2876 E.IlPIRES:FtIln.-y26,211115 BDniIIdTllru.,..,...... WnIwINIn ay\f\' 1 Title <~U~~~~~o Date !;& . ~ lOl"""'chllyerx MONROE COUNTY ATTORNEY P TO FORM: OLfE ~Tl\lflIIEY LOJliD'lIlNG AND CQNFUcr QF Il'ITIi:UST CLAUSE SWORN STA'Il'EMENT UNDER OllIDmANCE NO. 010.19!l0 MONROE COUNTY, FLORIDA ETHICS CLAUSE Wll1TIlIIts that he/it has not employed, "'tainecl or otherwise had act on his/its behalf any former County officer or employee in violation of SectiOl1I 2 of Ordinance No. 10-1990 or any County officer or employee in violation of Section. 3 of OrdillllfiCc No. 10-\990. For breach or violation of this provision the County may, in iIB diacretiOl1, terminate this contract withoutliahility and may also, in its disamon. deduct from the contract or purchase price, or otherwise recover, the full amount of any fee, commission, percentage, gift, or consideration paid to the r. or ee. Date: (signature) .y. /& . 9.00..y' STATE QF ',. \C1'(' \\JA CQUNIYQF ~'<\" O~. PERSONALLY APPEARED BEFORE ME, thC undersigned authority, who, after firat being sworn by me, affixed bi&Iber sipature (name of individual signing) in the spece provided above on this \ ~ ~'n day of ~r,\ ,20~. .,\!D. "'~~-\ o. mr'l~~o Q 1: NQTARY~ My commission expiJes: m IICIEIU-.. . MY-r~slON'O:III!076 -""'-l..._ . 1lIalItM1Iwv~............ 10MB - MCP FORM #4 MUC E~rITV CRUME .1[[ATi[~ENI "A person or affiliate who !wi been placed on the convicted vendor list following a conviction for public entity cnl1'l€i may not submit III bid on a contract to provide any goods or services to a public entity, may not submit III bid on a contract with III public entity for the construction or repair of a public building or public work, may not submit bids on leases of real propc:rty to public entity, may not be awarded or perform work as III contractor, supplier, subcontractor, or consultant under III contract with any public entity, and may not transact business with any public entity in excess of the threshold amount provided in Section 287.017, for CA 1'EGORY TWO for a period of36 months from the date of being placed on the convicted vendor list." /~ ) 1b&!~1f! AMIl!N!1U\\J1Iil1mi COria. Flyer, Inc. This Is ..n amendment to " lease dated April 18, 1983 (hereafter the original agreement)1 by and between the predet;essor In interest to the Cooch Flyer, Inc., (heroatl:er Lessee), one Fred B. Sellers, Sr., ilnd Monroe County, ill political subdivision (If the State of florida (hereafter County). WITNESSETH WHEI\EAS, additional security measures have rendered part of the Lessee's premises unusable as part of a restaurant and lounge; WHEREAS, the County desires to make available space at KWIA equivalent to that lost by the l.essee due to additional secUr1ty measures; now, therefore IN CONSIDERATION of the mutual promises and covenants set forth below, the parties agree as follows: 1. The original agreement, and amendments dated January 23, 1985, October 7, 1992 and April 8, 1998, are attached to this lease amendment and made a part of It. 2. The description of the Lessee's premises set forth In Article I, paragraph A.l, ot the original agreement is modified by Exhibit A which Is attached to and made a part of this lease amendment. The parties agree that Lessee's premises now consist of those depicted In Exhibit A. 3. In all other respects the original agreement, as amended, remains In full force and effect. 4. This lease amendment will take effect on the signature date of the last party to execute it. IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year indk:aliH bel_. (SEAL) ATIST: DANNY L. KOLHAGE, CLERK "?~ BYU- 2 .J.. PUJr. Cleric Dete . _ n. &ee.s BOARD OF COUNlY COMMISSIONERS OF MONROE COUNlY, R.ORIDA :;;g .... ..l _ c::;!o __ >no-Jr! . .. ":It' . t"1 ',jt . Cl g By (SEAL) ~t~g~~ .... ?:l ::I: ,..., n :.8; / ~/ RO ~:,~ CJ 3 EXHIBIT 'A' AIR SIDE AND LAND SIDE LEASE AREAS ~' '~~_~='~~~~~~~~~~~~-'-'~~~=~-"-'--==l ~.o--- =--- I SecLlIL.f'l FeNce J il () )) "'tl c:: (t) )) Il\ -. )( ~ -" .. ~ ",' " -. t. (9 '. '. 0 c "'" Q. 0 ~ . 0 .::b ? r- (I' ..j -, ..1.31 ::)) oJ c:s lilt. ,., If) IIIllO- ~ - (Q II) Q... ".(1) :to. ..C\{tl .. .... e <: ~ :JI I :. is ;7 t' e ~ ~ ~ ,.. . "1) Q.. E CCl ... ~ -; --\ SWORN STATEMENT UNDER ORDINANCE NO. lQ:lm MONROE COUNTY. FLORIDA ETIIl!CS CLAUSE ~cAJN K,~I'"VY"Y"'o"""lu7::l wailWlts tha@'it has n"t employed, reiained or otherwise had act on~jts behalf IIIIY fonner County officer or employee in violation of Secti"n 2 of Ordinance No. 10-1990 or any County officer or employee in violation of Section 3 of Ordinance No. 10-1990. For breach or violation of this provision the County may, in its discretion, terminate this contract without liability and may also, in it. discretion, deduct from the contract or purchase price. or otherwise recover. the full amount of any fee, commission, percentage. gift, or conaideration paid to the former County officer or employee. ... ")--) j.LJ ~:~~J / /' ,... lUre) ~~ t:._ - ,/' SIgna / Date: \ d . \ . ()'?-, STAlEOF \-\o<:-\DJ\. COUNTY OF mo\')'( Q€, PERSONALLY APPEARED BEFORE ME. the lIIIdersiped authority, ~o\\'(". ~ ,ocw<\(){\C. who. after first being sworn by me. affixed bililH!r sianalUre (name of individual siping) in the apace provided above on this \ ~\. day of \lA' ~'<<\~'('" . 20~. .~~~~ 0 ~ 9.Q NOTARY Ie My commiBBion expires: -o\:-~.05 OMB - MCP FORM i\f4 jjjH;LI&iIMI'IE IIYC11tI OIl,C:C88lm ~_..- .....'DII...,..... ......- PUBLiC~ENTI.IT_<;RlME 81 AT~.M~1'fi itA person or affiliate who has been placed on the convicted vendor list following 2 conviction for public entity crime may not submit 10 bid on 8l contract to provide any goods or services to a public entity, may not submit a bid on a contract with a public entity for the construction or repair of a public building or public work, may not submit bids on leases of real property to public entity, may not be awarded or perform work as a contractor, supplier, subcontractor, or consultant under a contract with any public entity, and may not transact business with any public entity in excess of the threshold amount provided in Section 287.017, for CATEGORY TWO for a period of 36 months from the date of being placed on the convicted vendor list " vtJ AMii:NDMENT 10 AIRi'OlrcT LEASE This is an amendment to 0 loose dated April 18. 1983 (hereafter the original agreement). by and between the predecessor in Interest to the Conch Ayer. Inc., Iherealter lessee or Tenant). one Fred 8. Sellers, Sr.. and Monroe County. a political subdillision at the State at Ronda (hereafter lessor). WITNESSETH: That the ot'iglnal agreement. and the addenda to It dated October 7. 1992 and January 23. 1985. all at which are attached to and made a part at this amendment. are hereby amended as toHows: 1.) Article Ills amended to read: The term at this lease Is extended unhl January 22. 2005. The lessee may renew the lease for one additional 5-year term by notifyfng the lessor in writing on or before July 22. 2004, ot lessee's Intent to renew. The lessor may declne to grant the renewal ot this lease It. at any time during the period up to Ja~ 18 2005. lessee has committed. permitted, suffered or cauSed acts or om~Lt! n',... On- Coot cons1itute a breach of this lease. regardless ot whether the lessee eith!~ !I the act or omission or the lessor waived treating such act or om;~a" -'';1 ~ eft 1>' ...... " - r- ,., o " o :>> :>> ,., C"l o :>> o breach. 2.1 Article III A.l. second paragraph, is amended to read: lessee acknowledges. and consents to the disruption at its business operations during the approximately fnt 18 months toHowlng the effective date ot this amendment because of the lessor's reconstruction ot the terminal buHding at Key West In!emational Airport. lessee agrees fa make no claim against Lessor tor such disruption or any claim baSed on business lost during the period of reconstruction. During the periOd ot reconstruction the Lessee must make the improvelrn",nls 10 lhe premise, s",1 forth in Exhlbll A 10 ihls amendment Exl'libil A is attached 10 this amendment and incorporated inlo it. 3.11 Article III E. 15 hereby amended by the addition of the following: Lessee must also paylhe Lessor $75.00 per month tor sewer service. which amount will be increased annuaUy by a percenlage equal to !he increase in the c.p.i. (Miami/Ft. Lauderdale arellor the previOUS year. 4.JI Article III G. Ihe lasl sentence. Is amended to read: In the event Lessor is obligated to participate In any cour! proceedings in order to enforce any ollis rights under this parogaph or to coleet Its renlals. fees and charges. lessor. II successful in pursuing such litigalion. shon be enlif1ed to on a(~dl1ional amount in svch sum os any District Court or Circuit Court having competent jurisdiction shall determine as a reasonable market value attomey's fee. 5.;1 Article XIV. the Insurance requi'ements. are amended to read: The Lessee musl keep In lull lorce and effect dUlfng the termls) 01 this lease Ihe Insurance set forth in Elchlblt B. ExhIbil B Is attached 10 !his amendment and Incorporated inlo it. 6.:1 Article XXVI is hereby struck and Is 01 no lurther lorce and effect. 7.11 ArtiCle XX is amended to read: ARTICLE XX - NOTICES Notice 10 lessor provided far herein sholl be suffidenllf senl by certified mol. postage prepaid. oddressed 10: Director of Airports. Monroe County Key Wesl International Airport 3491 South Roosevell Boulevord Key Wesl. Aorlda 330<<) ond nollce 10 lessee. if senl by certified man. postage prepaid, addressed to: 2 John Richmond Conch Ryer 3tJ95 S. Roosevelt Boulevord I<ey Wast. Flo~do 33040 0<1 to suel1 other respective addresses as the parties may designale to each other in writing !rom time 10 ftme. S:.) Article XXVII Is amended 10 read: A. The Tenant for himself, his personal represenlatives. successors In interest. and aSSIgns. os part 01 Ihe consideration hereof. does hereby covenant and agree that (I I no person on the grounds of race. color. or naftonal origin shall be excluded from parftdpaHon In. denied the benefits of. or be otherwlse subjected to dlscriminafton in the use of sold facDiftes. 12) thm in the conslrucHon of any improvements on. over or under such land and the fumlshlng of services thereon. no person on the grounds of race. calor, or naHonol origin shaD be excluded from participation In. denied the benefits of. or be ofherwlse subjected to discriminafton. (3) that the Tenant shaD use the premises In compliance with 011 other requirements Imposed y or pursuant to T1~e 49. COde of Federol Regulations. Deportment of Transportation. Subtitle A. office of the Secretary. port 21. Nondlscrlmlnation In FederallY-OSSlsfed programs of the Department of Transportation-Effectuation of rrf1e VI of the eMI Rights Act of 1964. and os sold Regulations may be amended. That In the event of breach of any of the above nondiscrimination covenants. Airport Owner sholl have the rlght to terminate the lease and to re-enter and os If sold lease hod never been made or Issued. The provision shall not be effective unfit the procedures of Tille 49. Code at Federal Regulations, Port 21 are followed and completed inclUding exercise or expiration of appeal rights. 3 B. II ,hall be a condition of this lease, thai file Lessor reserves unffl itself, its successors and assigns, for the u,e and benefit at the public, a right of flight for the passage of aircraft In Ihe airspace above ths surface at the real properiy hereinafter described, tagether with the righl to cause In sold airspace such noise as may be inherent In the operafion at aircraft now Icnown or hereafter used, for navigation of or flight in the sold airspace, and for u,e of said airspace for landing on, taldng off from or operaflng on the allport. That the Tenant expressly agrees for itseij, its ,uccessors and assigns, to restrict the height 01 structures, objects of natural growth and ather obstrucfions on he hereinafter described real properly to such 0 height so os to comply with Federal Aviation Regulafions. Pori 77. That the Le,see expressly agrees for It,elf, lis successors and assigns. to prevent any use of the hereinafter described real property which WOuld interfere with or adversely affect the operafion or maintenance of the airport. or otherwise constitute on airport hazard. C. This lease and all provisions hereof ore subject and subordinate to the terms andcondifions of the instrumenb under which the Airport Owner acquired the subject property from the United States ot America and shall be given only such effect as will not conflict or be inconsistent with the terms and conditions contained In the Ieose of said lands from the Airport Owner. and any existing or subsequent amendments thereto. and ore subject to any ordinances. rules or regulafions which have been, or may hereafter be adopted by the Allport Owner pertaining to the Key West International Airport. D. Notwfthstandlng anything herein contained that may be. or appear to be. to the contrary. It is expressly understood and agreed 4 thot the rights granted unde, tl1is agreement are none):clusive and the lessOl' herein relelVes the nghllo g;anl similar privileges 10 another lessee or other lessees on other ports of the airport. S'.) Article XXIX is hereby created to read: Venue for any lI"gation arising under this agreement must be in a Court of competent jurisdic"on in Monroe County, Florida. 10.) Except as speCifically provided in this amendment to the airport lease agreemlml. the terms. concfrtions. obligation and duties of the original agreement and . . dddendl;] remain in full torce and effect. ........ ..........') . l ~\ \,;:) l.~', This amendment to the airport lease wiD take effect on the date at the signature ~ rt.;~~~~,J:*]rty to execute il. "'';~~;~NNY l. KOlHAGE. CLERK BY~~~=~~ Date: F COUNTY COMMISSIONERS OF E COU :~-4-<- Date: pconJamnc:k:ont.doc A Af'PROVED AS TO F!:lRM ~ 5 SlIHIBIT 'f,' iMIl'ROVEMI<i~'i"lcl The fbllowing is a list of cWll'iial improvements, repllirs, replmcements propil1sOO to TIlli CONCH FLYER REST AURANr to be done dw1l1g trine construction plta.w of the Key West Airport Terminal RellllVllftion. The total COSlllf these imprOVeme1llts sllaU be born by tM lessee and will require NO COUNTY FUNDING. The improvements made to the premises will include, but not be limited 10: A) Replacement ofpresenl Walk in Cooler refrigemtion box and associated compressor unit. Estimated cost (illCluding labor)..... ...$15,942.00 B) Replacement of present Garland Gas Range. Salimander, Broiler and Oven units with Garland high efficiency gas range units 42" griddle and double ovens Estim-ted cost (including shipping, installation and disposal fees.............$9,532.00 C) Repair and installation of new gas lines, tanks and gas regulator systems iDCluding gas shll't off emergency systems to replace irrepairable existing system. To be completed and certified by Public Gas Inc. Estimated Cost $2,500.00 D) Replace and install two new Frymaster gas deep tiyers and associated Plumbing: Estimated Cost 53,600.00 E) Purchase of two replacement Reach in Freezer lIIIits by True Refrigeration: Estimate cost ofpurchase and Wireing installation:. ........513.500.00 F) Purchase ofHogisaki 1000 icemaker and stroage bin: Est Cost: 55,300.00 G) Replacement ofall stainles steel prep tables (6) and purchase of storage racks pantry shelves and misc. kitcben equiptment.........Eat Cost: $4.000.00 1) Replacement of a\c dueling, kitchen ceiling, clean up of existing electrical wiring and iustaJlation of an additional 6 f10urescent ceiling fixtures. Estimated Cost: including labor: 56,000.00 J) Carpentry, electrical. and plumbing to repair and replace kitchen wall areas due to age, water damage, and install new dishwasbing area Estimated Cost: $4.000.00 K) Replace existing lenoliwn kitchen floor with commercial8J'llde Quany tile and plumg for drainage Est Cost including labor and removal of old floor: $6.500.00 L) Upgrading and repairing existing 200 amp electrical service to 300 amps and inspecting and repairing existing wiring to meet clllTCDt needs and code: Est Cost 53.000.00 M) Replace exisiling leoolium floor on observation deck with Quarry tile lIlKl Seal for leaks Actual Cost: $3,655.00 N) Rl,move, repair, lIild installl1l:w iwulscllpeing 011 the ~,fca facing Cape Air Tmiler R~'place wsIkway, fa~ade, l!1ld iflsmll 26 toilS of siOreeling 5lUld and landscll!J'l .. timbers IJ!lllng with associated lighting and signage. A~tool Cost: $6944.00 0) Rc:mO'lle. repair and iilStaIl lIew IiIldeTCOUilter sinh .ll!Ild reftigeralion Mils behind bllJr area lmd replace existing sinks, faucets, and .associated plumbing. Estimated CIlSt: $3,600.00 P) Build and Install custom three piece 46 foot bar top with customs lamination and . photographs Actual Cost: $4,400.00 Q) Replacement of66 ($135 ea) chairs and 30 ($114 ea) bar slO9ls: Est Cost: $12.330. R) Carpet replacement in dining room and Customer waiting area: ,Est Cost: $2400.00 S) Replacement of 8 Ceiling fans and installation of 16 recessed can light to replace the three existing hanging fixtrues Est Cost: $2,100.00 T) Budgeted amount for miscellaneous supplys, tools, and non budgeted items and cost overruns. Budgeted amolUlt: $10,000.00 EXHIBH. 'I)' INSURANCE iMJE<flilim. I' . \ MONROE COUNTY, FLORIDA RISK MANAGEMENJr POUCY AND PROCEDURES CONJrRACT ADMINISTRATION MAIWAL GeneE"lIIl insurance Requirements fOE" AirportlAircrnft Activities '~'.. Prior to the commencement of work governed by this contract (including the pre-stsging of personnel and material), the Vendor shall obtain, at hislher own expense, insurance as specified In the attached schedules, which are made part of this contract. The Vendor will ensure that the insuranc~ obtained will extend protection to all Contractors engaged by the Vendor. The Vendor will not be permitted to commence work governed by this contract (including pre- staging of personnel and material) until satisfactory evidence of the required insurance has been furnished to the County as specified below. The Vendor shall maintain the required insurance throughout the entire term of this contract and any extensions specified in any attached schedules. Failure to comply with this provision may result in the immediate suspension of all activities conducted by the Vendor and its Contractors until the required insurance has been reinstated or replaced. The Vendor shall provide, to the County, as satisfactory evidence of the required insurance, either: . Certificate of Insurance or . A Certified copy of the actual insurance policy. The County, at its sole option, has the right to request a certified copy of any or all insurance . policies required by this contrac:t. . All insurance policies must specify that they are not subject to cancellation, non-renewal, ~ change, or reduction in coverage unless a minimum of thirty (30) days prior notification IS gtven 110 the County by the insurer. The acceptance and/or approval of the Vendor's insurance shall not be construed as relieving the Vendor from any liability or obligation assumed under this contract or imposed by law. The Monroe County Board of County Commissioners, its employees and officials will be included as. Additional Insured" on all policies, except for Workers' Compensation. Any deviations from these Oenerallnsurance Requirements must be requested in writing on the County prepared form entitled "Request for Waiver ofIaauraace Requirements" and approved by Monroe County Risk Management. Administration IlIstnlc1i~~n "-1709.2 2-1 ( INSURANCE REQUIREMENTS FOR CONTRACT BETIVEEN ....... MONROE COUNTY, FLORIDA AND .~ '.. Prior to tile commencement of work governed by this contract, the Contractor shall obtain Gerienll Liability Insurance. Coverage shall be maintained throughout the life of the contract and include, as a minimum: . Premises Operations . Products and Completed Operations . Blanket Contractual Liability . Personallnjury Liability . Expanded Definition of Property Damage The minimum limits acceptable shall be: 5500,000 Combined Single Limit (CSL) If split limits are provided, the minimum limits acceptable sbaU be: 5250,000 per Person 5500,000 per Occurrence $ 50,000 Property Damage 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 contract In addition, the period for ...ilich claims may be reported should extend for a minimum of twelve (12) months follOwing the acceptance of work by the County. The MOn1'oe County Board of County Commissioners shall be named as Additiona11nsured on all policies issued to satisfy the above requirements. . GU ~~ ( VEHICLE LlAEILITY INSUR.ARCE REQUIREMENTS FOR CONTRACT BETWEEN. MONROE COUNTY, FLORIDA Al\'D Recognizing that the work governed by this contract requires the use oh'ehicles, the Contractor, prior to the commencement of work, shall obtain V chicle Liability Insurance. Coverage shall be maintained throughout the life of the contract and include, as a mmimum, liability coverage for: . . Ov.'Iled, Non-Owned, and Hired Vehicles The minimum limits acceptable shall be: 5100,000 Combined Single Limit (CSL) If split limits arc provided, the minimum limits acceptable shall be; 5 50,000 per Person 5100,000 per Occurrence 5 25,000 Properly Damage The Momoe County Board of County Commissioners shall be named as Additional Insured on all policies issued to satisfY the above requirements. Y1.l fl " LIQUOR UAIUUTY KNSURflJ\lClE REQUHREMENlrS FOR CONTRACT BETWEEN' MONROE COUNTY, FLORlI:DA , - AND: - '..'~ .-';i:, :,.. ~...-. ~'.. ;" . " 'r. ',~. ,'. Re60gnizing that the work governed by this contract involves the sales and/or distribution' of alcoholic beverageii, the Contractor's General Liability Insurance policy shall include Liquor LiabltitY With limits equal to those of the basic coverage. A separate Liquor Liability policy is acceptable if the coverage is no more restrictive than the Contractor's General Liability policy. The Monroe County Board of CoWlty Commissioners will be included as Additional Insured if a separate Liquor Liability policy is pro\'ided. GLLlQ 59 SECOND ADDENDUM TO AIRPORT LEASE ~, -_.~-. -----= THIS SECOND ADDENDUM entered into this 7th day of October, 1992, by and between MONROE COUNTY, a political subdivi- sion of the State of Florida, hereinafter referred to 8S "Les- sor," llnd JOHN RICHMOND, President of CONCH FLYER, IRe. and FRANK RICHMOND, Vice President of CONCH FLYER, INC., hereinafter referred to as "Lessees." WIT RES SET H: That the Lease Agreement entered into between Lessor and Lessees, dated April 18, 1983, and subsequently assigned to Lessees by an Assignment and AddendUIII to Airport Lease, dated Januar,' 23, 1985, is herein _ended as follows, ARTICLE II - TEIlM This lease and all the rights herein granted shall become operstive and effective on the 18th day of April, 1983, and shall end and terminate on the 17th day of June, 1994, unless sooner terminated by provisions herein described. Due to the anticipated construction of the new terminal building at Key West International Airport (KWIA) , upon the normal termination of this Lease, Lessees shall have the option ., . '''''ililHGI~ to continue to lease the premises described hereln q~ a month to : ;~(. month basis only. Lessees shall exercise their option by notify- 9E: 6 tI \7- AIJW (6. .dl';',x,G, O]'Ii.; -".L0 .\d(;!:'~:H;l::::J c:'l~,~red i~.tn ~::i.s l2~~ day of .:::~.::::.~~:.:~~:. A.D. "1985, is t~etr'oz.(;ti\fe to Septer:;~be[ 2/1, 1984, This Lessee assignor herein, Fred B. Sellers, Sr. and the assignees her~of, John. R:i.chmond, Pt",~sident of Conch Flyer ~ Inc~ I and P,:ank Richmond, V;,ce Preside"t of Conch Flyer, Inc. H-+_~ N E S S't T R, -~.- - I Thl<t foi: valuable consideration. heretofore ",,,cle from the -,.assignee to t:he Lessee. the leas~ referrad to herein be and the . .....--. . s3llle is her,:by transterredan<r assignad ove., it being under- stood as follows:' 1. That the aforesaid Conch Flye~, Inc., with the consent and direction of the Monroe County Commission, has become and is the assignea of all right~, titles and provisions of that certain .. .laasa entared into on the 18th day of April, A.D. 1983, by and between Fred ll. Sellers, Sr. and Monroe County. Florida. as per Article XIX - Assignment and Subletting~ 2. That said assignment took effect on September 24, 1984 and that the Monroe County Board of County Commissioners approved the &8lIignment. on September 21, 1984. 3. The assignees hereby accept the foregoing lease subject to a~1 the terms and conditions thereat. 4. In all other respects, the leasa heretofore assigned remains in full force and effect. IN WITNESS WHEREOF, we have hereto affixed our hands and seals on the day and: year first above written. A'O? '-J1~nd;e~M-u. -, (Corporar... Seall' A~ /~__/ :.:/" y;,r ~;'---2: ~___ Sl!\:.l:eCat.y , " "y, 110'IRO~ CO"N'j"Y 51'ATE OF FLORIDA APPROVED u '!! ~ ..., , , , " (SEAL) Attest:D_ L. KOLHAGE,. Clerk ~I.~ ~ -~ AJ.L '. , COUlITY OF MONROE, STATE OF FLORID . ~ .1\ By \,,:) .......Jl....., '_1'1" ___~"~ M.yo~ afi,d Gnol-man ot the Board of County Commissioners of Monroe County. Florida '. lIP,onovro AS TO FORAl ArlO LEG.\t Sumc/EriC. . / ./ -:.. . . /i ...i....r ,,_., / Dr ~,t";n~~~/f;e; ~ ,/ ~ AVDENDUU TO J.::IRf'ORT LEAffE;. This Adden4~a en~er6& into ou this 4l:h dQY of ,Hay 1984~ by Bud between Monroe CountYr Florida. hereinafter ref~rred to ee Les8o~. and Fred D. Sellers. Sr.. bereinafte~ referred to aB Leesee.. WIT N E SSE T R; Tba~ for ana in con8ide~8tion of the payment of Ten Dol1a~s ($10) heretofore made by the Lessee to the Lessor. tbe following Addendu. is hereto made to that certain Lease between ,these parties heretofore entered 1nto on the 18th day Df April. 1983. 1. That Article T. paragraph A.4 is hereby amended to per.it and allow tbe L.88ee to utilize 8 three-piece music ~ombo from 6:00 P.M. until 2:00 A.M. on Fridays, SatuTdaya and Sunda,.. 2. Tbat Article 1. paralrapb A.l .nd Article III, paragraph H. be and the 8ame are hereby B&ended to p~rmlt the eoaatruetion of a patio roof on tbe nor~h B16e of the fae11ity being rented herein that shall extend to the aecurity fence adjoinin, tbe co..erelal aircraft parking raap. Since the Lea.. provides for a cessation of the leased premises six (6) feet froa tbe security fence. no construction .a provld~d 1n this provi.1o~ shall encroacb upDn tbat aforesaid six (6) foot setback ftom tbe ..cu.rlty fence. All of which Ie ..reed to by the parties he,reto. IN WITNESS VHB~EOP. tbe parties bands and ..ala ou tne ~ 4ay of hereto have fixed their May , A.D. 1984. (SEAL) COUNTY O~NROE. STATE OF FLORIDA V./'/ ~ By I\...an... . MaYDr and C~ ~ of County Commissioners of - Monroe County. Florida WiCae.. By FRED B. SELLERS. SR. Witness BY AIRPORT LEASE THrs LEASE AGREEMENT made and entered into this ___18th day of AnTi 1 , 1983 ~ by and between COUNTY OF I'.oNROE, STATE OF FLOUOA, a political subdivision of the State of Florida, herei.nafter referred to as lILessor", and FRED B SRl T.F.R!o::: SR. hQre1nafter referred to as "Lessee". w r T N E SSE T H WHEREAS, the Les80r 1s the owner of that property known as Key West International Airport, upon which 1s a Cocktail Lounge and Coffee Shop. all located in Monroe County, Florida. which shall here- inafter be termed "Airport". and WHEREAS, the Lessor desires to enter into a Lease Agreement with the Lessee to provide for the operation of said Coffee Shop and Cocktail Lounge, and WHEREAS. the parties desire to put into writing the full and com- plete understanding between the Lesaor and Lessee a8 concerns the use and opez:atlon of said property. NOW, TIlEREFORE. in consideration of the premises and of the mutual covenant a and agreement8 that are contained herein as well 4S other valuable considerations, the Lessor does hereby grant and leaee to the Lessee that ~ertain property together with itl fael11- t1es. all licenBes and privileges known as the Airport Lounge and Coff.. Shop located on the Airport Terminal premises in Key West. Florida, and in so doing agrees as follows: ARTICLE I - PREIlISES A. USE OF THE AI1U'ORT. A.I It 1s understood that Lessee i8 entitled to U88 tosether with others the Airport facilities and appurtenan~e. Loeated Within the Airport Terminal, having rights to the improvements and services located on said property and in particular shall have the exclusive use 1n operating the Coffee Shop and Cocktail Lounge. within said Terminal described 88 follows; -"____""_G____," -2- A 1,724 square foot Cocktail Lounge, RsstauTont ~d Coffee Shop and $. 1,098 square foot kitohen, washroo~, utility area all located within the passenger terminal building at the Key West International Airport. Key We~t, Florid&. Also to include the area b~tween the Airport Terminal and to the western edge of the fire &cce~s road located adjacent to the F.B_A. Building and the parking ramp in front of the Terminal reflected on the plane fiUide a part hereof and marked Exhibit "A". It is understood that no major structural or design change shall be made from Exhibit "A" or shall be begun except with written consent of Lessor. A.2 This operation shall permit the retail sale of food and beverages normally associated with an airport restaurant and coffee shop. No other operation concerning the sale of food andlor beverages shall be allowed in the terminal building during the term of this lease, except the sale of packaged candy, gum, etc., in the gift shop or sodas, etc.. in vending machines. A.3 That the Lessor shall cause the transfer for the retail liquor license 6 cop No. 54-515 from a third party to the Lessee upon the execut~on and del~very of ~his lease. That said retail liquor license shall not be transferred from the present location, namely. Key West International Airport. Key West, Florida. Pur- ther, that 1ri the event this lease shall expire or shall be ter- minated by reason of violation or non-performance by the Lessee of any of the c.ovenants, agreements, and/or condit.ione herein, the Lessee agrees to ez.ecute whatever documents may be required to transfer the said retail liquor license to the Lessor. or to such person or persons as Lellsor may designat:.e. Further, it being fully understood and agreed by and between all partie. to this lease, that said retail liquor license has not been sold to the Lessee but merely transferred to him during the perlod of this lease, or until this lease 1s terminated by reason of violation or non.performance by the Lessee of any of the covenants. agreements and/or eonditions herein, or until assigned a8 a part of any assignment. pursuant to clause XIX herein. During the term of this lease. Lessee shall pay any and all fees or assessments required for the continuation of the sald license. and the cost of any existing licensee. fee. or .8se8B- lDenta shall be pro rated at the time the le..8 becomes effective. A.4 This operation shall a180 permit aad provide for any Iilerviees normally furnished by a restaurant, coffee shop, cocktail -3- lounge mnd any others that may be compatible wi€:h t.he activities of an airport t0l~inal. excluding. however, any and all forms of enter- tainment other than music of a piano bar or non-electric guitar. Such music entertainment shall not b~ amplified. Other forms of entertainment may be permitted with written consent of the Leesor. This does not exclude a vocalist accompanied by the piano or guitar. Any Bound source HO loud 8S to be heard in tbe main ticketing area shall be prohibited. Any exceptions for after hours entertainment, 11:00 P.M. until 4;00 A.M., will require the express written consent of the Airport Manager. B. LEASEHOLD. B.l The leaeehold granted herein permits said Lessee to use said leasehold with respect to any and all privilege' permitted and granted therein explicitly subject, however. to reasonable rules and regulations as promulgated by the Lessor. B,.2 Lessee agrees that they will comply With auy and all re- quiremen~s of the Statutes, ordinances. rules, orders, regulation requirements of either the Federal, State and/or County or City government. and any and all departments, commissions. and bureaus which bave an application to this type of operation. B.3 The Lessee shall have the right of egress and ingre8. from and to said property. except a8 herein provided otherwise, to the demised properties described in the above paragraphs which permis- sion .hall run to its eDlployees. agents, eustomers and/or patroDs and those who supply material. ox services for the repair and maintenance thereof without any charge to Lessee. It is. however, understood that this Lease Agreement a8 set forth in this paragraph bas no 1~itatlon8 Whatsoever on Lassor'. r1Sht to an imposition of charg.. upon any ground transportation services. ARTICLE II - TEIlH This lease and all the right8 herein granted shall become oper- ative and affective on the 18th day of April 198-!-. and ahall end and term.illate on the 17th day af April , 19!!..., unle8s Soonar terminated by -l,.- proviei.ons hereinafter described. It is uncl~Y'stood t::h.t!t the tsm lniti~lly granted herein is for a period of ten (10) years. ARTICLE III - llENTAL ClIARGES A.I The Lessee agrees to pay the Leesor at places so designated by the Lessor for the use of these premises, facilities, rights, licenses, services and privileges granted hereunder, the following rentals. fees and charges, all payable in monthly installments cover- ing the ensuing calendar months. Should it occur that the eommence- ment or cessation of the terms with respect to any of the particular premises, facilities. rights. licenses. services and privileges 88 herein provided fa11a on any date other than the first or last day of a calendar month, the applicable rentals, fees and charges for that month .hall be paid for that month prorata aecording to the number of days in that particular month during which said particular premiaes, facilities, rights, licenses, services and privileges were enjoyed; and the LeBBee further agree. to pay on or before the 15th day of each month following the last 4ay of each calendar month throughout ,be leaaeho14 term the following, (a) That Lesaee agrees to pay 10'%. of groBB proceeds or receipts each month but no 1e88 than a guarantee4 $2,000.00 per month. First month's guaranteed rent of $2.,000.00 shall be paid when this lease 18 signed and a security deposit equal to a gUaranteed month's rent to be paid when business opens. It is agreed by the parties hereto that during ~he first five (b) (5) years of this lease agreement, the LeBsee shall b. entitled to a credit fOT any rental sum. due to the Le8sor in excess of $2,000.00 per month until the amount expended for permanent improvements made on the premises such 8S the plumbing, the electrical work, the duct work for the air conditioning and other permanent fixtures I (exclud- ing however, the furnishings), have been recaptured by Les8ee. Said credit shall extend until such permanent improvements have been recaptured in accordance with a list of the same attached hereto and marked Ex.h1bit "B"' and approved by both the Le..or and Lessee. The deter~ation of credit shall be baaed on invoices evidencing improvements as shown in Exhibit nB11. .5., S. It shall be required tl~t the Le..ee "l~ll maintain finan- ci~l r~cords according to accepted accounting practices of any and tl,11 transactions relating to the operations inc01..'porBted in this leaae. The records &8 aforementioned ahall be open to scrutiny by the Lessor or its agent, at any time it is 80 desired and that a private operating statement shall be afforded to the Lessor each six (6) months of thie lease term. Inspection by the Lessor shall be accomplished as is stated herein at any reasonable business hour. C. All taxes and assessments which may be lawfully levied by duly constituted taxing bodies upon the Lessee shall be paid by said Le8see in connection with the operation 88 provided in this lease. Lessor agrees not to levy any license or permit fee or special a88e8~t OD tbe Lessee that would restrict or interfere witb the exercise or enjoyment of the rights and privileges granted herein; provided this ahall not prevent the Lessor from making charges to the Lessee for the use of the Airport, its facilities and services herein specificslly suthorized. D. It 1s mutually agreed by the parties hereto that Lessee shsll open the business within six (6) IDontha after the s1gning of this lease. Rental charges shall commence with the opening of Baid bus1ne8l8. E. Lessee ahall pay for any and all charges for the dis- po.1tton of trash and garbag., provide janitorial services on these premises, all electric power, water and any and all other utilities required and maintenance. F. LeBBse shall provide all equipment or accessories needed to operate a first-class restaurant and cocktail lounge. which .aid fixtures and equipment shall conform aa nearly 8S poasible with the architecture and design of the premises. All such fIxtures and equipment which shall be attached to and be a part of the real eatate shall become che property of the Le.sor at the terminatlon of thi. le.ee. Lessee ahall be required to inatall 8 certified fire ex- 'tinpi.her aye!:... or a "Utty" .yet. over the cooking erea prior .t:o the opening of this operation. ,.6- G. In the event Lessee faila to pay any nmtals. charges and fees hereunder ~th1n fifteen (15) days after Lessor transmits a psst due statement therefore to Lessee. Les&or roay give Lessee notice in writing of its intention to terminate this Lease unless Lessee aha!1 have corrected such failure to pay within fifteen (15) days. If said failure to pay shall not have been corrected within fifteen (IS) days period, Lessor may. at its option, immediately or at any time thereafter, enter into and upon the premises hereby leased or any part thereof in the name of the whole. and repossess the same of Lessor's former estate, and expel Lessee and those claim- ing by, through or under it, and remove its effe~t8 forcibly if necessary, without being deemed guilty of trespass and without preju- dice to any remedy which otherwise might be used for arrears of rent Dr preceding breach of covenant; on the re-entry aforesaid. this Lease shall terminate. In the event Lessor is obliaated to partici- pate in any court proceedings in order to enforce any of its rights under this paragraph or to collect ite rentala, fee. and charge., Lessor, if successful in pursuing such litigation, shall be en- titled to an additional amount in such sum 88 any District Court or Circuit Court having cOII.petent jurisdiction shall determine as a reasonable attorney' 8 fee. H. The Lelsee agree. t~t any and all desired changes to the demised premise. shall be made at the Lessee'. expense and only upon written approva 1 by the Lessor. Any changes to the demised premises immediately become the property of the Lessor. and are not subject to removal by the Les8ee. The Lessee will construct at his own expense any additional fixtures, improvement. and/or decor on said premise5 but that the aame shall be done in such a manner as to not deface or injure the premisea. In the event Leasee pur- chases equipment, fixtures and/or furnishings upon which lelns still exist, Lessee agrees to so advi.e the Lessor and a bond in- suring Lessor of the payment of the same ahall be arranged and agreed to by these partiea. The outside walla shall be maintained ~ 7- and painted by Le8se~. it be;~g U11deretood ehat peint color shall be agreed to by Lessor before being used. I. The Lessee agrees to iurnieh a copy of the sales tax records of said operation to the County Commission on a monthly basis. ARTICLE IV - SERVICES TO PUBLIC The Lessee agrees that in furtheranee of the privileges and 'l18es permitted hereunder; 1. To furnish good. prompt and efficient service adequate to meet all the demands for ita service at the Airport. Hours of i~peration are a8 stated hereinafter. The Coffee Shop andJor Restau- :r:ant DlUst be operated at all times seven days a week, (365 days a :,ear). to coinc1de with air operations at said Airport it being 1!,rov1ded that the Restaurant and Lounge shall be open at least forty-five (45) minutes before the departure and/or arrival of the firat commercial aircraft from said terminal and shall not close until forty-five (45) minutes after the last cOIIIIl8reial aircraft ~!tt'rlval and/or departure. The Snack Bar shall be open no 1e88 than 18 hour. per day unlel. agreed upon otherwise by the parties. 2. To furnish said service on B fair, equal and nondi8crlm~ :Lnatory basi. to all users thereof. The word "service" as used ,in 8ub-sections I, 2, and 3 of ARTICLE IV, shall include furnishing of labor. material. and liJupplles. related to Restaurant, Coffee Shop, Cocktail Lounge ~)peration8 :l.ncludlng the Bale thereof, .s well as furnishing ser- vice. ARTICLE V - RIGHT TO LllASE PROPERTY Le..or represent. that it has the right to lease the Airport, together with all premiaesf facilities, rIShtl. license., services and privileges herein granted, and has full power and authority to enter into this agreement in respect thereof. ARTICLE VI - RIGHT TO PllRCIIASE SUPPLIES A1IJl MATERIALS Lesaee shall. except a8 herein otharw!.. provLded. have the right to purchase or otherwise obtain personal property deemed by -8- it to be required by or incident to, Lessee's operations. ita exercise of the rights herein granted and ite discharge of the obligations herein imposed, fr~ any person. partnership, firm, association or corporation it IT~Y choose. Except as herein other- wise specifically provided. no charges. fees, or tolls, of any nature, direct or indirect. shall be charged by Lassor, directly or indirectly, against Lessee or its suppliers. for the privilege of purchasing, Belling, using, storing, withdrawing, handling, consuming, loading or unloading, or delivering any such personal property of Lessee by Lessee or its suppliers or for the privilege of transporting such personal property oX' person to, from or on the Airport. Nothing in this lease shall be deemed to reetrict in any maDDer Le&80rlS right to charge any person, partnership, firm. aSBociation or corporation rentals for the use of Lessor's property or any improvements thereon or thereto where such use of sa1d property or 1mprovements are of a regular or permanent nature 88 d1~t1ngu18hed from temporary or transitory nature or where such use 18 of sueh a nature 88 to constitute the perform. &nce of a commercial bU8iness at the Airport. ARTICLE VII - HAIN'rENANCE AND OPERATIONS BY LESSOR Except .a otherwise 8pec~flcally prOVided herein, Lessor during the teTm of this lease, shall operate, maintain and keep in good repair the Airport, Terminal Building, vehicular parking space. all appurtenances, facilities and services now or hereafter connected with the foregoing, induding, without limiting the genarality hereof. ell field lighting and other appurtenances, fecilities and services which Lessor has agreed to furnish and supply herelUlder. Provided, however, that Lessor shall not be required to perform maintenance and make repair. oee.aioned by ne81i8en~e of Leasee or ita employees, fire or other casualty excepted, in which caBe Lessor may perform such maintenance or make luch repairs and charge the reasonable coat of same to Lesaee. Provided also that Lessor may -9- abandon certain facilities which are no longer reaeonably juetifl~d for proper and adequate operation of the Airport. ARTICLE VIII - ~INT~~CE AND OPERATIORS BY LESSEE Lessee hereby agrees and accepts the premises in the condition they are in at the beginning of this Lease and agrees to m&ln~a1n said premises in the condition called for and agreed to in this Lease, excepting only reasonable wear and tear arising from che use thereof under thia Agreement, and to compensate said Lessor immedi- ately upon demand for any damage to said premises caused by any act or neglect of Lessee, or of any person or persons 1n the employ or under the control of the Les see. The Lessee agrees to maintain the premises in a clean condi- tion, and to maintain an adequate number of covered metal waste containers at suitable locations. and shall deposit all trash and waete therein for proper disposition of such waste ma~erial. at the disposal grounds designated by the Lessor. Leslee shall provide for deily pickup of all waste. It 18 understood and agreed that no signs or on premises adver- ti8ing and nQ awnings ahall be erected on or in connect.1on wit.h the premises leased hereunder. unless the lame shall be first submitted to and approved by the L.8sor. No exterior architectural changes can b. made without the consent of the Lessor. If any part of the exterior or interior of the premises 1s in- Jured or damaged by any breaking and/ar entering said pr81118ea, or by any attempt to break 8n.d/or enter said premises, by any third person or persons. Leaaee agrees to promptly cause all neceBsary 1~.palr8 to be made at Lesseels expense 80 &8 to promptly restore oaid premiaea to ita condition tmmBdiately prior to BBid breaking ~md/or entering or said attempt to break and/or enter. Throughout said term, the Leaaee agrees, at hie own coat and I~ense, to keep the demised premises, fixtures and appurtenances, 1ncluding windows, screens, awnings. door.. wa1l8. floo\'8. pip.., plumbing. eleccrlc wiring and fixtures. and all other fixture. and ______d~.___....~_. <.,10-. appurtenances, and all alteratione, additions and imp~ovement8, in good repair and clean condition; and will, at his Otm C08t and expense. make all repairs. inside and outside, in and about the same, nece88a~y to preserve them in good order and condition, which repairs ehall be of quality and class equal to the original work < The Lessor may repair, at the expense of the Lessee, all damage or injury to the demised premises, or to the building, of which the same fo~ a part, or to its fixtures. appurtenances or equipment done by the Lessee or his servante. employees, agents, visitors. or licensees, or caused by moving property of the Lessee in and/or out of the building or by the installation or removal of furniture or other property, or resulting from fire, short circuit., the overflow or leakage of water. steam, illuminating ga8. sewer or odors. or by frost or by the bursting or leaking of pipes or plumbing work. or gas, or from any other cause, due to the carelessness negligence or tmproper conduct of the Lessee or his servant.. employeee, agents, visitors, or liceusee.. There shall be no allowance to the Lea.ee and no liability on the part of the Lessor by reason of inconven... ience. annoyance or injury to bUGina8B, removal or 1088 of property. ,arising from the making of any repairs, alteratione, additions or improvements in, or to, any portion of the building or the demised 1~remi.e8 . or in, or to, the fixtures, appurt:ena.uc.es or equipment. The Lessor or ita agent8 have made no representations or l)rClllli... wi th respect to the said building or the demised premises nxcept a8 herein expressly set forth. The taking of possession (~ the demised premises by the Lessee shall be conclusive evidence, as against him. that said premises and the building of which the same form a part were in good and .atisfactory condition at the time such possession was taken. The Lessor ahall in no event be liable for any defects in the construction of the buildins. ARTICLE IX - GOVllllNllEllTAL PAC ILITIBS It 18 C1xpr...ly agr.ed that if fund. for the provision, main... t:llnance and operation of the Control Tower and lor other air navi- gation aid. or other facilities required or permitted by the Uniced -11- States which are now, or may be hereafter furnished by the United States, arl2 discontinued by the United States, Lessor shall not be reqllired to furnish said facilities. ARTICLE X - RULES AND REGllIJ\TIONS LeSDor shall have the right to and shall adopt and enforce reasonable rules and regulations, which Lessee agrees to observe and obey, with reapect to the use of the Airport and appurtenances; provided that such rules and regulations shall not be inconsistent with this agreement nor with the safety and with rules, regula. tion. and orders of the Federal Aviation Admini8tration with respect to aireraft operations at the Airport, with procedures pre- scribed or approved frOlll time to time by the Federal Aviation Administration with respect to operation of aircraft at the Air- port. Leasor ahall provide Lessee with a copy of 8uch rules and regulations from time to time. ARTICLE XI - DAIlAGE Oil DESTRUCTION OF PIlI!KISES In ~he even~ ~he premi.e. .hall be partially Umaged by flre, explosion, the elements, the public enemy or other casualty. but not rendered untenantabl., the ..... .hall b. repdred with due diligence by LesBor at his own cost and expense. If tbe damage sball be 10 eatenliv. 8S to reader 8uch premises untenantable but capable of belng repalred within thlrty (30) daya, the .ame 8hall be repaired with due diligence by Lessor at ita own cost and ex~ pense, and rent payable hereunder shall be proport1.onately paid 'up to the time .s the prem1.e. shall be fully restored. In Q.ase the premiaes is completely destroyed by fire, explosion, the ,dements. the public enemy or other casualty, or 80 damaaed that Lt will or does remain untenantable for more than thirty (30) day., l:he Leslor shall be under no obligation to repair and reconstruct t:.he premisea, and rent payable hereunder with respect to Lessee's 4~lu8ive apace in said premises shall be proportionately paid up t:o the time of such damage or deatruction and shall t.henceforth c:...e until such time &a the premises may be fully restored. !f -12- within ninety (90) days &fter such damage or d~Gtruction. Leaiob fails to notify LeSS9Q of its intencion to ~ep~ir or reconstruct the damage or deetroyed premdsea or to furnish a substantially equivalent facility, Lessee may give Lessor written notice of it~ intention to then cancel this agreement in its entirety or to cancel, as of the date of such damage or destruction, such part of this agreement as relates only to said premises. ARTICLE XII - CANCELLATION BY LBSSOR The Lessor may cancel this agreement by giving Lessee sixty (60) days advance written notice to be served as hereinafter pro- vided upon or after the happening of anyone of the following events: 1. The filing by Lessee of a voluntary petition in bank- ruptcy. 2. The inatitution of proceedings in bankruptcy against Lessee and adjudication of Lessee as a bankrupt pursuant to such proceedings. 3. The taking by a court of jurisdiction of Lessee and its .saeta pursuant to proceedings brought under the prOVisions of any Federal re-organization act. 4. The appointment of a receiver of Lasseels a..ets. 5. The divestiture of Lessee's eltate herein by other opera- tion of law. 6. The abandonment by Lessee of it!! conduct of Restaurant. Coffee Shop and Coektail Lmmge. Closure of in exce.. of .even (7) days shall be considered abandonment under this Leaa. unless prior written agreement ahall b. enterad into by the partie. and filed with the COIIIIIIisaion. 7. The lawfUL sssumption by ths United States Government or any authorized agency thereof of the operation. conerol. or '1.188 of the Airport and facil:1.t1es, or any substantial part or !I>arts thereof. in such manner a8 substantially to restrict Les- :see., for a. period of at least ninety (90) day., frOlD operating :~hereon for the conducti.n& of a Restaurant. Coffee Shop and Cock- I:ail Loung... -B.. NQ w~iver of default by the Lesoor of any of the terms, covenantQ or conditions hereof to be performed, kept and observed shall b~ construed to be or act as a waiver of any subsequent de- fault of any of the term~, ~ovenante and ccnlditions herein contained to be performed. kept and observed by the Lessee shall not be deeill~d a waiver of any right on the part of the Leesor to cancel this leaes for failure by Lessee to so perform. keep or observe any of the term., covenants or conditions of th18 lease. ARTICLE XIII - CAIICELLA:I:ION BY LESSEE Lessee may cancel this agreement any time that Lessee Is not In default in its payments to Lessor hereunder, by giving Lessor sixty (60) days advance written notice to be served 8S herein- after provided, upon or after the happening of anyone of the following events: 1. Issuanee by any c.ourt of competent jurisdiction of an injunction in any way preventing or restraining the uaB of the Airport or any part thereof for Airport purposes. and the remain- ing in forcs of 8uch injunction for a period of at leaBt ninety (90) days. 2. The inablllty of Le..ee ~o use, for a period 1n exce.. of ninety (90) days. the Airport or any of the premises. faclUtlas. richts, licensee, services or privileges lea8~d to Le..ee hereunder, because of fire, explo8ion. earthquake, other casualty. or acts of God or the public enemy, provided that same 1& not caused by n.gll~ genee or willful acts of failure to act on part of LeSBee. 3. The default: by the Lelsor in performance of any covenant or agreement herein required to be performed by the LeBsor and the failure of Lessor to remedy Buch default for a perlod of ninecy (90) days after receipt from LesBee of written notice to remedy 8ame; provided, however, that no notice of cancellation, as pro- vided above, shall be of any force or effect if Leesor shall have remedied the default prior to receipt of LeBsee'. notice of can- cellation. -14- 4. Th~ lawful &Ssumptlml by the United States Government or any au.thorized agency th.ereof of the operation control or use of the Airpore and facilitiea, or any subs~ant1&1 p&rt or parts thereof, in such a manner a6 substantially to restrict Lessee, for a period of ac least ninety (90) days. from operating thereon for the conducting of a Restaurant, Coffee Shop and Cocktail Lounge. Lessee's performance of all or any part of this agreement for err during any period or periods after a default of any of the terms I covenants and conditione herein contained to be performed. kept and observed by Lessor. shall not be deemed a waiver of any right on the part of the Lessee to cancel this agreement for failure by Lessor to 80 perform, keep or observe all of the terms. covenants, or c.on- ditions hereof to be performed kept or observed. No waiver of default by Lessee of any of the terms, covenants or conditions hereof to be performed, kept and observed by the Lessor shall be construed to be or act a8 a waiver by Lessee of any subsequent default of ~y of the terms, covenants and conditione herein con- tained to be perfoYmed, kept and observed by the Lessor. ARIICLE XIV - IRDI!MlIITY Lessee agrees fully to indemnify, eave and hold barmlesB, the Lessor from and against a1,.l claims and actions and all ex- pense. incidental to the investigation and defense thereof. ba.ed upon or arising out: of damages or injuries to third persODs or their property. cau.ed by the negligence of Leseee, its asents or employees. in the use or occupancy of the said leased premiaes by Leesee; pr~ded. however, that Lesa.e .hall not be liable for any injury or damage or lOBS occasioned by the negligence of Lessor, ite agents or employeeB; aDd provided. further that Lellor Ihall give to Lessee prompt and reasonable notice of any such clatms or actionB and Lelsee shall have the richt to investisate. compromise and defend the same. LeeBee agrees to carry, and keep in force, public 11abll1ey ~8Uranee coverlng personal 1njury and property damage. and such other insurance as may be nece.sary to protect ~15<- Lessor herein from such claims and $ctions aforesaid, Leo Bee agrees to carry and keep in force such i.n.surance with min1.mum limits of liability for personal injury in a sum not less than $500,000 for anyone person, and $1,000,000 for. anyone accident; and for property dsmage in a sum not le8~ than $200,000; and to furnish Lessor with proper certificates certifying that such insurance i8 in force. Leesee shall carry its insurance coverages with insurance companies authorized to do bueiness 1n the State of Florida. The Lessee in providing insurance required herein shall make the Lessor a co~ insured party thereto. All personal property placed or moved in the premises above described shall be at the risk of the Lessee or Owner thereof. and Lessor shall no~ be liable for any 1088 of or damage to .aid per- sonal property, nor shall Lessor be liable to the Lessee for clamaae. arising from any act of negligence of any co-tenant, or of any other person whomsoever, except 88 stipulated hereinabove. ARTICLE XV - QUIET ENJOYMENT Lessor ,agre.. that, on payment of the rent and performance of the covenants and agreements on the pare of Lessee to be performed hereunder, Le..ee shall peaceably have and enjoy the leased prem- i8e8 and all rights and privileges of said Airport. lta appurten- ances and facilities granted qerein. ARTICLE XVI - SURU:IIDER OF POSSESSION Upon the expiration or other termination of this lease or any renewal thereof, Lessee's right to use the premises. faclliti.s, rights, licenses, services and privileges herein lealed shall cease and L.s.ee shall forthwit:h upon such expiration or termination surrender the same. Except a8 otherwi8e provided in the agreement, all Itruetur.., fixture., furnishings, improvements, equipment and other property bought. installed. erected or placed by Lessee in, on or about the Airport and premises leased under this lease shall be deemed to be per.onal and r....in the proparty of the Les8ee and Le..ee shall bave the. right at any t1.me during the term of this agreement. or any Te- .0J 6.. newal or extension hereof, to remove any or all of its property from the Airport; provided. howevar. that Lessee 16 not in default in its payments to Lessor hereunder and provided Lessee shall restore said premises to its original condition as at the beginning of occupancy. ordinary wear and tear. damage by elements, fire, explosion or other causes beyond control of Lessee excepted. ARTICLE XVII - DEFINITION OF TERMS Whenever the term Federal Aviation Administration is used in thL8 lease it shall be construed as referring to the Federal Avia- tion Administration created by the Federal Government under the Federal Aviation Act of 1958. or to such other Federal Govsrnment authority as may be the successor thereto or to be vested with the same or similar authority. Whenever the terms "person II and "persons" are used in t.he lease. they shall be construed &s including Invldivuals. firms. corporations and other legal entities. When in this agreement: written approval by Lessor is required, such written approval ..y be given by the Director of Airports for Lessor. ARTICLE XVIII - lNSPECTIOII BY LIlSSOR Lessor may enter upon the premises now or hareafter leased exclusiveLy to Le.... hereunder at any reasOftable t1me for any purpose necesBary. incidental to or connected with the performance of it. obl~gatlon8 hereunder. or in the exercise of its govern- mental functions. All such inspections shall be during busines. hour a. ARTICLE XIX - MSIG_NT AIID SUBLETTING Le.see shall not at any time a88ign thi. asreement or any part thereof. nor sublet all or any portion of the leased preDdses herein wlthout written approval of Lessori provided that the fore- going shall not prevent the 888igmnent of this agreement to any corporation with which Lessee may merge or consolidate, or which may succeed all or any portion of the busineas of LeBsee. No a.signment of controlling intereat 1n the corporate Bcock of the Leese. shall be made without the CODaent. of the Lessor. The Le..ee -11. shall file the n~s of th~ Corporst~ Officer9 with the County Com- mission. ARTICLE XX - NOTICES Notices [0 Lessor provided fo~ herein shall be sufficient if sent by certified mail. postage prepaid, addressed to: Director of Airports, Monroe County Key West International Airport South Roosevelt Boulevard Key Weet. Florida 33040 and notice to Lessee, if sent by certified mail, postage prepaid, addressed to ~ Mr F~~d R g~]lA~~ ST 17 DilllDnnd Drive Kev West. Florida 33040 or to such other respectlvG addresses as the parties may designate to each other in writing from time to time. ARTICLE XXI - PARAGRAPH lIEAIlINGS The paragraph h88.dings contained herein are for convenience of reference and are not intended to define or limit the scope of any provi8i~ in this lease. ARTICLE XXII - IIIVALID PROVISIONS In the event any covenant. condition or provision herein contained 1s held to be invalid by any court of competent juris- diction the invalidity of any ~uch covenant. condition or provision shall in no way affect any other covenant, condition or provision herein contained; provided that tbe invalidity of such covenant, condition or provision doe. not materially prejudice either Lessor or Lellsee in its respective rights and obligations contained in the valid c.ovenants, conditions or provisions of this 1ea8e. ARTICLE XXIII - COVENANT NOt TO GRANT !IOU FAVORABLE TE1lKS Lessor covenants And agrees not to enter into any leAse, con- tract or agreement ~th any other restaurant, coffee shop or cocktail lounge with respect to the Airport containing more favor- able terms than this leas8 or to grant to any other reat:.4urant. coffee sbop or cocktail lounge rights, privileges or concessions with respect to the said Airport which are not in accord with the -18< Lessee hereunder unless the same terms, rLghes. privilGgea and concessions are concurrently made available to the Lessee. ARTICLE XXIV - SUCCESSORS AND ASSIGNS BOUND BY COV!lNANrS All the covenants, stipulations, and agreemen~s in this lease shall extend to and bind the legal representatives, successors and assigns of the respective parties hereto. ARTICLE XXV - RESTROOM FACILITIES All restroom. shall be open during the operating hours and shall be maintained by tbe Lessor. ARTICLE XXVI - RESTRUCTURING OF PARTY WALL Subjeot to the plans and specifications agreed to by both the parties hereto, the party wall between the leased premises and the ~erminal proper sball b. restruotured by the Lesss8 to provide for glaBs partitions. ARTICLE xxvn - NON-DlSCRIKlIlATION CLAUSE The Lessee in exercising any of the rights or prl~lege8 herein granted to him shall Dot on the grounds of race. color or national or1.sin discriminate or permit discrimination against any person or groupe of person8 in any manner prohibited by Part 15 of the Federal Aviation Regulations, and the Lessor 1s hereby granted the right to take s\lch act1.on, anything to the contrary herein notwithstanding, a8 the United States may direct to enforce this non-di8cr~t1on covenant. ARTICLE XXVIn - nmlRPIlETATION OF LEASE Nothing 1n eMs lease shall be cOD8trued or interpreted in any manner whatsoever a8 l1m1.ting, relinquishing. or waiving of any rights or ownership enjoyed by Lessor in tbe Airport property, or in any manner waiving or limiting its control aver the opera- tion. maintenanee, etc.. of Airport property or in derogation of such governmental rights a8 Lessor possesaes. except as 18 speci- fically provided for herain. -19- IN WITN~ESS WHEREOF, the parties her~to have caussd this lease to be executed a8 of th~ day and year fi~8t above writc~n. airman 0 t Y Commissioners County~ Florida (Seal) Atte~ ~ ,j~_ L____ c erk (LESSOR) ~d.S~ . LEllS, . (LESSEE) --------..