02/02/1988 LeaseSIGN LEASE
THIS LEASE made and executed on thk-_N"ay of r, ,
A.D. 1988, by and between the COUNTY OF MONROE, a polit 4 1
subdivision of the State of Florida, hereinafter referred to as
• Lessor, and HOLIDAY INNS, INC.-HOTEL GROUP d/b/a HOLIDAY INN KEY
WEST LA CONCHA, whose principal office is located at 3796 Lamar
Avenue, Memphis, Tennessee 38195, hereinafter referred to as
Lessee.
IN CONSIDERATION of the mutual covenants, promises and
premises herein contained, the parties hereto agree as follows:
Section 1. Description of Premises and Use. Lessor hereby
leases to Lessee and Lessee hires from Lessor for the purpose of
installing one (1) sign as hereinafter described at the Key West
International Airport, owned and operated by the COUNTY OF
MONROE, in location B-1 as shown on the attached sketch which is
attached hereto and made a part hereof.
Section 2. Term of Lease. This lease shall begin on the
1st day of March, 1988 and shall end on September 30, 1988.
Section 3. Rent. The Lessee shall pay to the Lessor the
total rent for the term of this lease Nine Hundred Dollars
($900.00) in lawful money of the United States of America, plus
5% sales tax, in advance, upon execution of this lease. If
Lessee terminates this lease prior to the end of the term hereof,
Lessee shall not receive any refund.
Section 4. Sign. The Lessee is hereby granted the right to
install one (1) sign, two feet high by three feet wide (2' x 3'),
in the area as stated in Section 1. The Lessee shall submit to
the Lessor a detailed drawing of the sign setting forth all word-
ing to be placed on the sign, including material to be used in
the construction thereof, colors, and any other matter relating
thereto for approval by the Lessor prior to installation of the
same. The sign shall be constructed in a professional manner and
installed at the location designated herein in accordance with
the instructions of Lessor.
Section 5. Maintenance. The Lessee shall maintain the sign
in good order at all times during the term of this lease and if
Lessee fails to do so, Lessor shall give Lessee ten (10) days
notice of this failure to comply and upon Lessee's failure to
comply in maintaining said sign, Lessee does hereby give, grant
and authorize the Lessor to remove said sign at Lessee's expense.
Section 6. Telephone. The Lessee shall be allowed to
install a direct line telephone immediately under the sign at
Lessee's cost. Lessee further agrees to pay for any charges
which are incurred for said telephone, including the removal
thereof upon the termination of this lease.
Section 7. Waste and Nuisance Prohibited. Lessee shall not
commit or suffer to be committed any waste in the demised
premises or any nuisance.
Section 8. Taxes. Lessee shall pay, before delinquent, all
personal property taxes assessed against said sign.
Section 9. Termination and Repairs. Lessee shall at the
termination of this lease remove any sign installed hereunder
immediately upon termination and shall repair any damage caused
by said removal. If Lessee fails to remove said sign upon
termination of this lease, Lessee does hereby give, grant and
authorize the Lessor the right to remove said sign on behalf of
Lessee at Lessee's expense.
IN WITNESS WHEREOF, the parties hereto have caused these
presents to be executed on the day and year first above written.
COUNTY OF MONROE
By: / !
Mayor/Chairman of the oar
of County Commissioners of
Monroe County, Florida
(SEAL)
Attest: DANNy L KOLHAGE, Clerk
er
HOLIDAY INNS, INC.-HOTEL
GROUP d/b/a HOLIDAY INN
KEY WEST LA CONCHA
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