1st Amendment 12/19/2001
CLERK OF THE CIRCUIT COURT
MONROE COUNTY
BRANCH OFFICE
MARATHON SUB COURTIiOUSE
3117 OVERSEAS HIGHWAY
MARATHON, FLORIDA 33050
TEL. (305) 289-6027
FAX (305) 289-1745
MONROE COUNTY COURTHOUSE
500 WHITEHEAD STREET
KEY WEST, FLORIDA 33040
TEL. (305) 292-3550
FAX (305) 295-3663
BRANCH OFFICE
PLANTATION KEY
GOVERNMENT CENTER
88820 OVERSEAS HIGHWAY
PLANTATION KEY, FLORIDA 33070
TEL. (305) 852-7145
FAX (305) 852-7146
MEMORANDUM
DATE:
January 23, 2002
TO:
Peter Horton, Manager
Monroe County Airports
ATTN:
Bevette Moore
Airport Business Administrator
Pamela G. Hanc~
Deputy Clerk U
FROM:
At the December 20, 2001, Board of County Commissioner's meeting the Board granted
approval and authorized execution of a Lease Amendment between Monroe County and Paradise
Aviation, Inc. to add 37,800 square feet to the existing Lease for the remainder of their original
Lease.
Enclosed is a copy of the above mentioned for your handling. Should you have any
questions please feel free to contact our office.
Cc: County Administrator w/o document
County Attorney
Finance
Filev'
This Lease Amendment is entered into this
LEASE AMENDMENT
.I q M day of J>~L'i..-.}I1.1?~ 2001,
by and between MONROE COUNTY, a political subdivision of the State of Florida, whose
address is Florida Keys Marathon Airport, 9400 Overseas Highway, Marathon Florida 33050
(hereafter County), and PARADISE AVIATION, INC., a corporation, whose address is 9850
Overseas Highway, Marathon, Florida 33050 (hereafter FBO).
WHEREAS, on April 6, 1998, the parties entered into a 20 year lease (the original lease)
whereby the FBO is to provide fixed base operations service at the Florida Keys Marathon
Airport (FKMAP). A copy of the original lease is attached as Exhibit A and made a part of this
amendment; and
WHEREAS, the County and the FBO desire to expand the FBO's premises to provide an
additional hangar and ramp area; now, therefore
In consideration of the mutual covenants and promises set forth below, the parties agree
as follows:
1. a) The County leases to the FBO a total of 37,800 square feet of real
property (25,800 square feet at .30 cents a square foot and 12,000 square feet at .11 cents a
square foot) described in Exhibit Al, hereafter the premises. Exhibit Al is attached to, and
made a part of, this lease amendment.
b) The premises may be used for the site of a county approved newly
constructed hangar, aircraft tie-downs and aviation activity only. The new hangar is to be built
at the sole cost and expense of the FBO. The improvements made by the FBO to premises
automatically become the property of the County upon the termination of this lease. However,
FDOT funds may become available for improvement construction. In that case, if FDOT funds
are used to construct the hangar then the FBO must provide a letter of credit in the amount
equal to their estimated share of the hangar and sign an Agreement with the County before any
public funds are provided. The County/FBO agreement will authorize payment to the County
from the letter of credit if the FBO fails to promptly pay its portion of the improvement
construction costs and any additional terms required for the use of FDOT Funds.
2. The term of this lease amendment begins on January 1,2002 and ends on April 5,
2018.
3. The rent for the premises is $755, plus tax, per month, payable upon certificate
of ramp completion and subject to increase in amount as provided in the original lease.
4. Except as specifically provided in this lease amendment, this lease amendment is
subject to the terms and conditions of the original lease all of which remain in full force and
effect.
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If the hangar is not constructed or has not received a certifiCa~t;!f oc~an~
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,_~~~TNESS WHEREOF, each party has caused this Agreement to be~x~tec;t:by i2
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:,t;~\:. ~j ,\ resentative the date first written above.
~~K ~~~2~~~~N~O~::::ONERS
d -beputy Clerk
5.
within two years of the effective date, this amendment becomes void.
ATTEST:
PARADISE AVIATION, INC,
By ,_/~-",<--r
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