06. 10/01/1995 to 09/30/1997 07/17/1996BRANCH OFFICE
3117 OVERSEAS HIGHWAY
MARATHON, FLORIDA 33050
TEL (305) 289-6027
FAX (305) 289-1745
6 GOUNT�C
�............. � COU 1• t
xuannp 1. JR01bage
CLERK OF THE CIRCUIT COURT
MONROE COUNTY
500 WI=HEAD STREET
KEY WEST, FLORIDA 33040
TEL. (305) 292-3550
FAX (305) 295-3660
M E M O R A N D U M
TO: Peter Horton, Director
Community Services Division
BRANCH OFFICE
88820 OVERSEAS HIGHWAY
PLANTATION KEY, FLORIDA 33070
TEL (305) 852-7145
FAX (305) 852-7146
FROM: Isabel C. DeSantis, Deputy Clerk
Date: August 6, 1996
As you know, at the Board meeting of July 17, 1996, the
Board granted approval and authorized execution of a Lease
Agreement between Monroe County and Federal Express Corporation
at the Key West International Airport in the amount of
$37,162.61.
Attached hereto is a fully executed duplicate original of
the subject Lease for return to FEDEX.
cc: County Attorney
County Administrator, w/o document
Finance
,4i1e
LEASE AGREEMENT
KEY WEST INTERNATIONAL AIRPORT
THIS CONTRACT OF LEASE is made and entered into on the 7 day of
V �-- 1992', by and between MONROE COUNTY, a political st_j3di-v_isionS� the;State
z � �
of Florida, hereinafter referred to as "COUNTY" and FEDERAL EXF -0x_ COffORAVON,
hereinafter referred to as "FEDEX." A
WHEREAS, COUNTY owns an airport known as the Key West-4ritematiMal ATort,
located in Key West, Monroe County, Florida, hereinafter referred to as "AIRPORT," Md
WHEREAS, FEDEX is engaged in the business of air transportation of cargo, mail and
other property, and
WHEREAS, FEDEX desires to obtain certain rights, services and privileges in connection
with the use of the Airport facilities, and the COUNTY is willing to grant and lease the same to
FEDEX on a non-exclusive basis, upon the terms and conditions hereinafter stated,
NOW, THEREFORE, in consideration of the premises and of the mutual covenants and
agreements herein contained, and other valuable considerations, COUNTY does hereby grant
and lease unto FEDEX, and FEDEX does hereby lease from COUNTY, certain premises, facilities,
rights, and privileges in connection with and on the Airport, as follows, to wit:
1. PREMISES COUNTY does hereby lease to FEDEX, and FEDEX leases from the
COUNTY, the Air Cargo building presently located at the Airport, measuring one hundred feet
by thirty feet (100' x 30' ), and nine thousand five hundred thirty-five (9,535) square feet of open
land adjacent to the building, as indicated on the drawing labeled as Exhibit "A" attached
hereto and made a part hereof.
2. USE OF THE AIRPORT FEDEX shall be entitled to use, in common with others
authorized to do so, the airport facilities and appurtenances, together with all equipment,
improvements, and services which have been or may hereafter be provided at or in
connection with the Airport for common use, in the operation of a business for the
transportation of cargo and other property by air.
3. TERM The term of this lease shall be twenty-four (24) months, commencing
October 1, 1995, and ending on September 30,1997.
4. RENTALS AND FEES
During the term of this lease, FEDEX shall pay to the COUNTY, rent as follows:
1) the amount of Ten and 97/100 Dollars ($10.97) per square foot, for the
area of three thousand (3,000) square feet, in the existing Air Cargo building, for a total of
Thirty-two Thousand Nine Hundred Ten Dollars ($32,910) per. annum, plus applicable sales tax,
and
2) the amount of forty-four and six/tenth cents ($0.446) per square foot for
an area of nine thousand five hundred thirty-five (9,535) square feet of open land adjacent to
the Air Cargo building, for use for loading, unloading, and parking of automotive vehicles, for a
total of Four Thousand Two Hundred Fifty-two and 61 /100 Dollars ($4,252.61) per annum, plus
applicable sales tax.
Rental rates are subject to revision each year in accordance with the airport standard
rates and charges, and in accordance with the percentage change in the Consumer Price
Index (CPI) for Wage Earners and Clerical Workers in the Miami, Florida, area index, and shall
be based upon the annual average CPI computation from January 1 through December 31 of
the previous year.
Rent for items 1 and 2 shall be paid in equal installments, each of which shall be due
and payable on or before the first day of each calendar month during which this lease is in
effect. Upon the failure of FEDEX to pay any installments when due, the COUNTY will be
entitled to charge and collect, and FEDEX will be obligated to pay, a late fee of two percent
(2%) of any such amount, if paid within thirty (30) days of the date due, and five percent (5%)
2
of any such amount, not paid within thirty (30) days of the date due. Such late fees will be in
addition to the amount of rent due. The acceptance by the COUNTY of the overdue rental
installment plus applicable late fees shall cure what would otherwise constitute a default by
FEDEX under the terms of this lease. The COUNTY, at its option, however, may refuse a
proffered overdue rental installment and late fees, declare a default, and proceed according
to paragraph 14 of this lease. In the event that any check, draft, or negotiable instrument by
which FEDEX has tendered any rent payment is returned to the COUNTY and not honored,
whether for insufficient funds or other reason, the COUNTY will be entitled to charge and
collect, in addition to any applicable late payment fees as provided above, a fee of Twenty-
five Dollars ($25.00) for such dishonored instrument. Such penalty fee shall also be in addition
to the amount of rent due. The acceptance by the COUNTY of the rental payment plus any
applicable late fee and penalties following the receipt of a dishonored instrument shall cure
what would otherwise constitute a default under the terms of this lease. The COUNTY, at its
option, however, may refuse any proffered rental installment and applicable late fees and
penalties, declare a default, and proceed according to paragraph 14 of this lease.
5. SECURITY DEPOSIT In addition to the rent payment as provided above, FEDEX
shall maintain with the COUNTY, the sum deposited, to -wit: an amount of Twenty-five Hundred
Dollars ($2,500.00), which the COUNTY will hold as a security deposit. In the event of any
breach by FEDEX of any of the terms of this agreement, including any failure to timely pay any
rent due, the COUNTY may draw upon the monies held by the COUNTY as security, to pay and
cover any amounts due and owing from FEDEX.
6. LANDING FEES landing fees shall be assessed at a rate to be established by the
County's 1995 Rates and Charges Study mandated by FAA, subject to an adjustment on
October 1, 1996, in accordance with the percentage change in the Consumer Price Index
(CPI) for Wage Earners and Clerical Workers in the Miami, Florida area index and shall be
3
based upon the annual average CPI computation from January 1 through December 31 of
the previous year. The landing fees shall be computed, using the $.65 rate as an example only,
as follows:
$.65 per 1,000 pounds of approved maximum gross landing weight. A minimum landing
fee of $8.13 will be charged for all aircraft weighing less than 12,500 pounds gross
landing weight.
FEDEX shall report to the county commissioners, not later than the loth day of each month,
FEDEX's Actual Revenue Trip Arrivals at the Airport during the preceding calendar month, which
shall include the number and type of such arrivals. The number of arrivals so operated,
multiplied by the applicable approved maximum gross landing weights for each type of
aircraft, shall determine the weight for which the monthly payment shall be made.
The term "approved maximum gross landing weight" for any aircraft as used herein,
shall be the maximum gross landing weight approved by the Federal Aviation Administration
for landing such aircraft at the AIRPORT herein. FEDEX provides service to Key West, Florida
utilizing a Cessna 208 Caravan. While this aircraft is owned by FEDEX, it is leased to and
operated by Mountain Air Cargo based in Denver, North Carolina. As such, MAC is res onsible
and upon notice tha ,
for all the operating expenses related to aircraft, including landing fees. In the event MAC is
unable to satisfy its obligations, FEDEX will assume the responsibility for ensuring all payments
and contractual agreements are maintained, or vacate the premises and this Lease shal
be terminated in accordance with paragraph 14.
7. LEASEHOLD IMPROVEMENTS AND USE FEDEX shall have the right to occupy the
Air Cargo building measuring one hundred feet by thirty feet (100' x 30'), and nine thousand
five hundred thirty-five (9,535) square feet of open land adjacent to the Air Cargo building, as
indicated on the drawing labeled as Exhibit "A" attached hereto and made a part hereof.
FEDEX may only utilize the leased building to provide counter space for members of the public
desirous of using FEDEX's mail, cargo and package services and for the operation of a business
engaged in the transportation of cargo, mail and other property by air. While premises are
leased to FEDEX for parking, FEDEX shall not park or place automotive vehicles in any space on
the premises unless it has been designated by the COUNTY for parking. The COUNTY shall
cooperate with the FEDEX in designating a reasonable number of parking spaces to
accommodate FEDEX's business traffic.
8. COMMON AREAS FEDEX shall have the right to use, in common with others,
the Airport space and facilities to permit landing, taking off, loading, unloading and servicing
of FEDEX's aircraft, subject to reasonable rules and regulations of COUNTY as to the use of such
common spaces and facilities.
9. RIGHT OF INGRESS AND EGRESS FEDEX, its agents, employees, customers,
suppliers, and patrons shall have the right of ingress and egress to and from the leased
premises, which shall not be unreasonably restricted by COUNTY
10. UTILITIES FEDEX shall be responsible for the payment of electrical service, water
service, and septic tank servicing and similar utility services as needed. In addition to rent and
other charges, FEDEX shall pay a trash collection fee of $1,800 per annum.
11. ASSIGNMENT The premises leased hereunder may not be sublet and this lease
may not be assigned without the written consent of the COUNTY.
12. MAINTENANCE OF PREMISES FEDEX shall be responsible for and shall properly
maintain the leased premises, and upon the termination of this lease, shall leave the premises
in at least as good condition as at the time of the commencement of this lease, normal use
and occupancy excepted. FEDEX shall also be responsible for and shall properly maintain the
security fences and gates surrounding the leased premises and any remodeling or construction
performed to or on the premises leased hereunder.
13. INDEMNIFICATION/HOLD HARMLESS (a) FEDEX agrees to indemnify and save
COUNTY harmless from and against all claims and actions and expenses incidental thereto,
arising out of damages or claims for damages resulting from the negligence of FEDEX, its
5
agents, or employees in the use or occupancy of the leased premises and the common areas
of the Airport facilities by FEDEX, however, FEDEX shall not be liable for any claims, a
or expenses resulting from the County's negligence.
The extent of liability is in no way limited to, reduced, or lessened by the insurance
requirements contained elsewhere within this agreement.
(b) General Insurance Requirements Prior to FEDEX taking possession of the
property owned by the COUNTY, FEDEX shall obtain, at its own expense, insurance as specified
e attached schedules, which are made a part of this lease agreement.
-TA& FEDEX will not be permitted to occupy or use the lease property until satisfactory
idence of the required insurance has been furnished to the COUNTY as specified below.
FEDEX shall maintain the required insurance, throughout the entire term of this lease
agreement, and any extensions, as specified in the attached schedules. Failure to comply with
this provision may result in the immediate termination of the lease agreement and the return of
all property owned by the COUNTY.
FEDEX 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.
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 FEDEX's insurance shall not be construed as
relieving the FEDEX from any liability or obligation assumed under this contract or imposed by
law.
C.1
The Monroe County Board of County Commissioners will be included as "Additional
Insured" on all policies. FEDEX shall carry its insurance with Insurance companies authorized to
do business in the State of Florida.
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 be
approved by Monroe County Risk Management.
14. DEFAULT Unless the COUNTY has accepted a rental installment after it has
become due together with any applicable late payments and penalties, the failure to pay
rental installments when due shall constitute a default under the terms of this lease. The failure
to pay any other charges or fees when due under this lease shall constitute a default. Further,
the failure of FEDEX to perform any other of the covenants of this lease, which failure shall
continue for a period of fifteen (15) days after notice thereof is given to FEDEX in writing by the
COUNTY, shall also constitute a default under the terms of this lease. In the event of a default,
COUNTY may, at its option, declare the lease forfeited and may immediately re-enter and take
possession of the leased premises and this lease shall terminate. If it shall be necessary to
employ the services of an attorney in order to enforce its right under this paragraph, or to
collect any of its rentals, fees, or charges due, COUNTY shall be entitled to reasonable
attorney's fees.
15. CANCELLATION OF LEASE COUNTY may cancel this lease agreement by giving
FEDEX sixty (60) days advanced written notice upon the happening of any one of the following
events: the appointment of a receiver of FEDEX's assets; the divesting of FEDEX's leasehold
estate by other operation of law; the abandonment by FEDEX of its air cargo transportation
business at the Airport for a period of sixty (60) days. By the end of the sixty (60) day notice
period, FEDEX shall have vacated the premises and the COUNTY may immediately re-enter
and take possession of the same. If it is necessary to employ the services of an attorney in
f1
order to enforce the COUNTY's rights under this paragraph, the COUNTY shall be entitled to
reasonable attorney's fees.
16. FAA REQUIREMENTS The parties shall comply with FAA Required Lease Clauses,
which are listed in Exhibit "B," attached hereto and made a part hereof.
-J_
ESS WHEREOF, the parties have caused this lease to be executed this ��� day
i
199�
NY L. KOLHAGE, CLERK
By .�«�G�e.� C. &id w 214"
Deputy Clerk
MONROE COUNTY BOARD OF COUNTY
COMMISSIONERS
B�QP -j- F-/���
Mayoolthairman
FEDERAL EXPRESS CORPORATION
airifedex r
APPROVED
AS TO LEGAL ORMa/
G ::..?6
LEGAL D Pi'.
APPROVED AS TO F^R"9
LEGAL 4 l ti:Y
Atto
MIZ LARGI] gn f
►•'x►► ► ►► ►'r •.� .. >4e
Exhibit "B"
1.
2.
FAA REQUIRED LEASE CLAUSES
This lease shall be subject to review and re-evaluation
at the end of each 1 year period, by the airport
owner and the rent may be.adjusted according to their
action, not to exceed the Consumer Price Index rate
during the last /,�_ month period, or;
Land less improvements will be appraised every 5 years
and the adjusted rental will be based- _on normally 10-12
percent of appraised value. If disputed, lessor
obtains appraisal at his expense and lessor/lessee
equally share expense for review appraisal that
establishes fair market value.
The tenant for himself, his personal representatives,
successors in interest, and assigns, as a part of the
consideration hereof, does hereby covenant and agree
that (1) no person on the grounds of race, color, or
national origin shall be excluded from participation
in, denied the benefits of, or be otherwise subjected
to discrimination in the use of said facilities, (2)
that in the construction of any improvements on, over
or under such land and the furnishing of services
thereon, no person on the grounds of race, color, -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 with all other requirements
imposed by or pursuant to Title 49, Code of Federal
Regulations, Department of.Transporta+-i.on, Subtitle A.
Office'of the Secretary, Part 21, Nondiscrimination in
Federally -assisted programs of the Department of
Transportation -Effectuation of Title VI of the Civil
Rights Act of 1964, and as said Regulations may be
amended.
That in the event of breach of any of the above
nondiscrimination covenants, Airport Owner shall have
the right to terminate the lease and to re-enter and ;
if said lease had never been made or issued. The
provision shall not be effective until the procedures ;
of Title 49, Code of Federal Regulations, Part 21 are*
followed and completed including exercise or expiration
of appeal rights.
It shall be a condition of this lease, that the lessor
reserves unto itself, its successors and assigns, for
the use and benefit of the public, a right of flight
for the passage of aircraft in the airspace above the''
surface of the real property hereinafter described,
together with the right to cause in said airspace such
noise as may be inherent in the operation of aircraft,
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 the 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 constitute an
airport hazard.
4. This lease and all provisions hereof are subject and
subordinate to the terms and conditions of the
instruments and documents 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 regulations which have been, or may hereafter
be adopted by the Airport Owner pertaining to the
K W y A Airport.
- w
5. Notwithstanding anything herein contained that may be,
or appear to be, to the contrary, it is expressly
understood and agreed that the rights granted under
this agreement are nonexclusive and the Lessor herein
reserves the right to grant similar privileges to
another Lessee or other Lessees on other parts of the
airport.
April 22. I,MJ
_l
GENERAL LIABILITY
INSURANCE RwUIREMENTS
• FOIZ
CONTRACT
MONROE COUNTY, FLORIDA
AND
Prior to. the commcnccntcnt of work govcntcd by this contract tltc
General Liability Insurance. Cavcragc shall be maintained throughout Contractor s1kall obtain
include, as a minimum: ghout the life of the contract and
Premises Operations
Products and Completed Operations
Blanket Contractual Liability
Personal Injury Liability
Expanded Definition of Property Damage
The minimum limits acceptable shad be:
$11000,000 Combined Single Limit (CSL)
If split limits arc provided, the minimum limits acceptable shall be:
S 500, 000 per p •
$1,000,000 person
S 100,000 Per
Occurrence
Property Damage
An Occurrence roan policy is preferred. If coverage is provided can
Provisions should include coverage for claims filed on or atier the efrectiivc d e of Made oft
In addition, tale P �', Its
(IZ) months tile
Period for which claims may be reported should extend for a min mumsof twelve
g the acceptance of work by the County.
The Monroe County board of Count
y Commissioners shall be named as Additional Insured on IIII
Policies issued to satisfy the above requirements_
Adininiarwive Irnin�ctK,n
04709.1 G L3
s AMR 22. IIJ93
VEHICLE LIABILITY
INSURANCE REQUIREMENTS
1
CONTRACT FOR
IIETWEEN
MONIZOE COUNTY, FLORIDA
AND
Recognizing that the work governed by this contract requires the use of veilicies the Cont
prior to the commencement of work; s1ia11 obtain Vehicle Liability Insurance. Coves a shallot,
maintained througlloilt t[!e life ofllle contract and include, as a minimum, liabilitycoverage ! be
for.
• Owned, Non-Owncd, and Ilired Vehicles
The minimum limits acceptable shalt bc:
$1,000,000 Combined Single -Limit (CSL)
If split limits are provided; the minimum limits acceptable shall
p bc,
S 500,000 per Person
SI,000,000 per Occurrence
$ I00,000 Property Damage
The Monroe County Board of County Commissioners shall be named as Additional Insurcd
policies issued to satisfy the above requirements. on all
Adnoinixualive ljatnxjkm
"7o9.1 VW
- April 22. l'I7.1
'� � Islllri�tu�
WORKERS? COMPENSATION
INSURANCE RE ENTS
CONTRA. FOR -�
MONROI;BCTWEEN -.
COUNTY
AND LO, rftIDA
..
Prior to the commencement orwork
Workers' governed by this contrac[, file Contractor shalt
Compensation Insurance with limits sulTcient in
to r
In addition, the Contractor shall obtain csPond to ttre applicable state statutes
Crnpk�ycrs' Liability Insurance with limits of no[ by (cgs than:
S1,000,000 BodilyInjury
a1,000,000 p ! �' /tccidcnt .
�1,000 °lily Injury by Disease, policy limits
. ,000 Bodily Injury by Disease, each employee Coverage shall be maintained throughout [l1C entire term of the contract.
Coverage shall be provided b
state of Florida and the y a company or companies authorized to transact business in
assigned by the A. company or companies must maintain a minimum ratin •
M. Best Company. fire
(f tllc Contractor h b of'A-VI, as
insurer, the Countyas been approved b ttic ,
inquired to submit shall reco g y f lohe s Department
.'of Labor, as an recognizeand honor the Contractor's status. Tlrc Contractorm y be
of f nsuranc a Letter of Authorization issued by the or
providing details on Dc
the Contractor's Ex Parinrent of Labor and a Certiricate
Ifthe Contractor Excess f nsurance Program.
In addition part in a stir -insurance fund, a Ccrtificatc of insurance
the Contractor may be required to submit updated fi
upon request from the County, will be required.
nat,�ia1 statements rT°m the fund
Administrative inst uaiu n
14709.1
WC3
u,
April 22. 1993
ls1 M116ul•
LM
ALL RISK PROPERTY
INSURANCE REQUIREMENTS
FOR
LEASES/RENTALS OF
_ — COUNTY -OWNED PROPERTY
BETWEEN
MONROE COUNTY, FLORIDA
AND
Prior to the Organization/Individual taking possession of the property governed by this
lease/rental agreement, the Organization/Individual shall obtain All Risk Property Insurance (to
include the perils of Flood and Wind) with limits no less than the Replacement Cost Value of the
property leased or rented. Coverage shall be maintained throughout the life of the Lease/Rental
Agreement and include, as a minimum, liability coverage for:
Fire Lightning Vandalism
Sprinkler Leakage Sinkhole Collapse Palling Objects
Windstorm Smoke Explosion
Civil Commotion Aircraft and Vehicle Damage Flood
'fhe Monroe County Board of County Commissioners shall be named as Additional Insured and
Loss Payee on all policies issued to satisfy the above requirements.
Admink1falive IIISifuQhHn
N4709A
37
MEMORANDUM
TO: Bevette Moore, Airport Finance
FROM: Suzanne A. Hutton, Assistant County Attorney
DATE: June 11, 1996
RE: Fed-X Lease / KWIA
As discussed on the telephone on June 11, 1 am forwarding to you a copy of the
lease agreement with Fed-X for the Key West International Airport. Also enclosed is a
copy of the Fed-X cover letter to me requesting that in any future communications with
Fed-X, we refer to Lease No. 90-0182. 1 have compared the lease to what we have
previously approved, and the three changes that will require the Mayor's initialing have
already been approved. There are no other changes.
Please place this on the next Commission agenda for approval.
SAH:aa
enclosurq$"
SENTRY INSURANCE A MUTUAL COMPANY
STEVENS POINT, WISCONSIN
(A PARTICIPATING MUTUAL COMPANY)
A MEMBER OF THE SENTRY FAMILY OF INSURANCE COMPANIES
CERTIFICATE OF INSURANCE
ACCOUNT NUMBER 90-01652
This certificate is issued as a matter of information only and confers no
rights upon the certificate holder. This certificate does not amend, extend
or alter the coverage afforded by the policies below.
Name and Address of
Certificate Holder
------------------
COUNTY OF MONROE
MONROE COUNTY RISK MANAGEMENT
5100 COLLEGE ROAD
KEY WEST, FL 33040
Name and Address APPROVED BY RISK MAN4REME.NT
of the Insured 6A16
_ 6,yorzo, BY -
FEDERAL EXPRESS CORPORATION
DATE
� vcc
2007 CORPORATE PLAZA W4?VER: N/A
THIRD FLOOR
MEMPHIS
TN 38132
This certificate is issued on 08-16-95 and is effective until 08-16-96. It
certifies that policies of insurance listed below have been issued to the
insured named above. Notwithstanding any requirement, term or condition of
any contract or other document with respect to which this certificate may be
issued or may pertain, the insurance afforded by the policies described herein
is subject to all the terms, exclusions, and conditions of such policies.
Limits shown may have been reduced by paid claims.
Coverage Provided Policy Number All Limits in Thousands
AUTOMOBILE LIABILITY 90-01652-02 EACH ACCIDENT S 5,000
INCLUDES: BODILY INJURY
AND PROPERTY DAMAGE COMBINED
-ANY AUTOS
-OWNED AUTOS
-NON OWNED AUTOS
WORKERS' COMPENSATION AND
EMPLOYER'S LIABILITY
EXCESS WORKER'S COMPENSATION
90-01652-06 STATUTORY
90-01652-07 EACH ACCIDENT $ 11000
EACH DISEASE/ACCIDENT $ 1,000
EACH DISEASE/POLICY $ 1,000
90-01652-08 STATUTORY
WORKERS COMPENSATION POLICIES ARE EFFECTIVE 1-15-95 TO 1-15-96
CERTIFICATE HOLDER APPLIES AS AN ADDITIONAL INSURED.
Received
& Loss Control
,
Should any of the above described policies be cancelled before the
expiration date thereof, the issuing company will mail 30 days written
notice to the certificate holder named above.
FED 90-01652
07-24-95
PAGE 001
•80-C1035 *01
01TIBORG
`
Certificate of Insurance No. 4633
This certificate is issued as a matter of information only and confers no rights upon the certificate
holder.
®
This certificate does not amend, extend or alter the coverage afforded by the policies listed below.
This certificate replaces any other previously issued by this company for this insured.
Cancellation: Should any of the described policies be cancelled, the issuing company will
endeavor to mail 30 days written notice to the below named certificate holder.
Named Insured
SmRABILrrY LuBILrry NoTics
Federal Express Corporation
The subscribing insurers' obligations under contracts of insurance to which they subscribe are several and not joint
P.O. Box 727-2132
and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for
Memphis, Tennessee 38132
the subscription of any co -subscribing insurer who for any reason does not satisfy all or part of its obligation.
Name aad Address of comicaEe Holder
praanc�
Monroe County
Alexander & Alexander of Texas, Inc.
ATTN: Art Skelly, Airport Manager
717 N. Harwood
Key West International Airport
19th Floor - Lock Box #8
3491 S. Roosevelt Blvd.
Dallas, Texas 75201
Key West, FL 33040
Telephone: (214) 880-0321
�`yT1e of Coverage
Limits of Liability
Policy Period
Insurapce :Company aid Policy. Nurpber
A. AIRCRAFT LIABILITY in respect of
08/01/95-96
American Home Assurance Company
all aircraft owned, leased, or operated
(through AIG Aviation)
by the Named Insured, worldwide
HL532566 (5.0%)
APPROVED
Y RISK MANAGEMRNT
Subscribing Companies of
Somerset Aviation, Inc.
BY_
/7l—
UR/G
A0017/01/95 (3.0%)
DATE
'/ �
� �
durance France Aviation Group
95.0783 (20.5 %)
WAIVER: N
/
A ✓ YPS
La Concorde Group
(through La Reunion Aerienne)
B. AIRCRAFT HULL INSURANCE in
respect of all insured aircraft owned or
Insurance Company of North America
leased by the Named Insured,
ATA015034 (10.0%)
worldwide
Various Insurers Through Alexander
Howden Aviation
AM9530581 (22.0%)
Subscribing Lloyd's Underwriters for
percentages as on file with Alexander
Howden Aviation being part of 100% of 22.0%
Subscribing members of Institute of London
Underwriters for percentages as on file
with Alexander Howden Aviation being part
of 100% of 22.0%
Subscribing Insurance Companies for
C. COMPREHENSIVE GENERAL
$5,000,000
percentages as on file with Alexander
LIABILITY in respect of all Ground
Bodily Injury & Property
Howden Aviation being part of 100% of 22.0%
Operations of the Named Insured,
including Premises Operations,
Damage Combined
New York Marine &General
Contractual, Products and Completed
Insurance Company and
Operations, Cargo Legal Liability,
other
other U.S. Companiesn
U.S.
Vehicles operated on restricted access
M
airport premises.
Skandia International Insurance
Company
FM95HCOAl (3.5%)
AYA Marine & Aviation (UK), Ltd. per
AVIAFRANCE (1.0%)
D. COMPREHENSIVE AUTOMOBILE
LIABILITY in respect of all Owned,
Hired and Non -Owned Automobiles.
Each of the above Insurers, Individually, has authorized Alexander & Alexander of Texas, Inc. to issue this certificate on its behalf.
Alexander & Alexander of Texas, Inc. is not an insurer and has no liability of any sort under the above policies, nor as a result of the
issuance of this Certificate. Each of the above Insurers is participating for its own part and not one for the other.
Description of Operations:
RE: 3553 S. Roosevelt Blvd. Key West, FL Monroe County is included as an
Additional Insured as its respective interest may appear.
Date Issued: July 25, 1995
By:
William David Baker FEC
eC '. F1 &,!!5