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Item C12' CM ounty of onroe BOARD OF COUNTY COMMISSIONERS  Mayor Heather Carruthers, District 3 Mayor Pro Tem George Neugent, District 2 TheFloridaKeys Danny L. Kolhage, District 1 David Rice, District 4 Sylvia J. Murphy, District 5 County Commission Meeting July 20, 2016 Agenda Item Number: C.12  Agenda Item Summary #1802 BULK ITEM: DEPARTMENT: Yes Airports TIME APPROXIMATE:STAFF CONTACT: Donald DeGraw (305) 809-5200 N/A AGENDA ITEM WORDING: Approval of Sixth Amendment of Lease between The Florida Keys Marathon International Airport and Jobe Materials, L.P. This amendment reduces the overall square footage of the hangar leasehold from 25,000 square feet to 15,528 square feet. This will reduce the annual rent from $10,762.70 to $6,672.87 (not including taxes) and transfer a 98 x 98 foot section of aircraft ramp from the lessee to the Airport, which will allow future aeronautical development. ITEM BACKGROUND: The Florida Keys Marathon International Airport (Airport) desires to claim the ramp space at the north side of the existing Jobe Materials, L.P. leasehold. Claiming this ramp space will allow for free flowing access of aircraft to adjacent leaseholds and to future aeronautical development on Airport property. Jobe Materials, L.P. agrees to this reduction in leasehold provided that the annual rent is reduced proportionately and that aircraft access from the taxiway to the hangars is not compromised. PREVIOUS RELEVANT BOCC ACTION: On June 14, 2000, the lessee's predecessor in interested entered into a 20 year lease agreement, allowing the Lessee to construct an aircraft maintenance hangar. September 18, 2002, the County and Lessee's predecessor in interest entered into an amendment extending the date by which the construction of the facility had to be completed. February 19, 2003, the County and Lessee's predecessor in interest entered into a 2nd amendment providing for a second extension of the completion of the construction. February 21, 2007, the County and the Lessee's predecessor in interest executed a 3rd amendment providing for the construction of a General Aviation apron and setting forth the responsibilities of each party. July 18,2007, the County and the Lessee's predecessor in interest executed a 4th amendment allowing the lessee to provide additional aeronautical services. January 19, 2012, the County and Lessee's predecessor in interest executed a 5th amendment to the lease amending and setting forth the leasehold's permissible use. January 19, 2012, the County consented to an assignment of lease from Tony D'Aiuto d/b/a Antiques Aircraft Restorations as Assignor to Jobe Materials, L.P. as Assignee. CONTRACT/AGREEMENT CHANGES: Square footage reduction 4EGOIX4K ' STAFF RECOMMENDATION: Approval. DOCUMENTATION: Sixth Amendment to the Jobe lease Agreement. FINANCIAL IMPACT: Effective Date: 7/20/2016 Expiration Date: 01/18/2032 Total Dollar Value of Contract: Total Cost to County: N/A Current Year Portion: Budgeted: Yes Source of Funds: N/A CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: Yes If yes, amount: $6,672.87 annually plus taxes Grant: County Match : Insurance Required: Additional Details: REVIEWED BY: Beth Leto Completed 06/27/2016 2:26 PM Budget and Finance Completed 06/29/2016 8:17 AM Maria Slavik Completed 06/29/2016 8:39 AM Donald DeGraw Completed 06/29/2016 9:25 AM Pedro Mercado Completed 07/05/2016 11:50 AM Kathy Peters Completed 07/05/2016 12:49 PM Board of County Commissioners Pending 07/20/2016 9:00 AM 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K 'E 4EGOIX4K