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10th Amendment 07/17/2019 ‘� 70 c.ouRTec111 Jps°°° °F.°p4, Kevin Madok, CPA 'I;•' Clerk of the Circuit Court&Comptroller—Monroe County, Florida DATE: July 26, 2019 TO: Beth Leto,Airports Business Manager FROM: Pamela G. Hanco., 1).C. SUBJECT: July 17th BOCC Meeting Attached is an electronic copy of the following item for your handling: 10th Amendment to the Marathon Fixed Base Operator (FBO) Agreement with Grantair Services, Inc. d/b/a Marathon Jet Center to lease a parcel of land at the Florida Keys Marathon International Airport for the FBO to relocate the existing fuel farm and to erect two new six-unit hangar buildings for small and midsize aircraft. Should you have any questions, please feel free to contact me at (305) 292-3550. cc: County Attorney Finance File KEY WEST MARATHON PLANTATION KEY PK/ROTH BUILDING 500 Whitehead Street 3117 Overseas Highway 88820 Overseas Highway 50 High Point Road Key West,Florida 33040 Marathon,Florida 33050 Plantation Key,Florida 33070 Plantation Key,Florida 33070 305-294-4641 305-289-6027 305-852-7145 305-852-7145 TENTH AMENDMENT TO MARATHON FIXED BASE OPERATOR(FBOI AGREEMENT WITH GRANTAIR SERVICE,INC. THIS TENTH AMENDMENT (hereinafter "Amendment") to the Marathon Fixed Base Operator (FBO) agreement (hereinafter "agreement") is made and entered into this 17th day of July, 2019,by and between MONROE COUNTY,a political subdivision of the State of Florida(hereinafter "County"), and GRANTAIR SERVICE, INC., a corporation of the State of Florida, (hereinafter "FBO"or"Grantair"or"MJC"). WITNESSETH WHEREAS,on the 10th day of April, 1998,the parties entered into the Agreement for a period of twenty 20 years, which agreement was amended on June 21, 2001, September 19, 2001, July 17, 2002, September 18, 2002, March 17, 2004, September 28, 2005, February 21, 2007, April 21, 2010 and August 17, 2016 to provide Fixed Base Operations at the Florida Keys Marathon International Airport(hereinafter"Airport");and WHEREAS,the Marathon Jet Center(MJC)fuel farm is currently located on the MJC parking ramp; and WHEREAS, the location of the fuel farm on the MJC ramp reduces the space available for parking of aircraft and requires that MJC personnel maneuver around the fuel farm FBO in order to park aircraft;and WHEREAS, the county finds that relocating the fuel farm will enhance the safe and efficient operations at the airport;and WHEREAS, the FBO has agreed to be solely responsible for all the costs associated with the relocation of the fuel farm;and WHEREAS, in order to help offset the costs the FBO will incur in relocating the fuel farm the county has agreed to lease to the FBO a parcel of land large enough to erect the fuel farm as well as two(2)new six-unit hangar buildings for small and midsize aircraft;and WHEREAS, upon execution of this amendment the FBO shall immediately begin paying additional rent to the Airport which will enhance the airport's financial sustainability; NOW, THEREFORE, in consideration of the mutual promises and covenants set forth below, the parties agree to amend the original lease as follows: Section 1. Paragraph 1)of the original lease is amended read as follows: 1) The County leases to the FBO 2 individual parcels, also referred to as premises, at the Florida Keys Marathon International Airport as depicted in Exhibit A and Exhibit B, both dated July 17,2019. Upon execution of this 10th amendment the FBO is hereby authorized to decommission and dismantle the fuel farm located on the parcel depicted on Exhibit A following the construction of a new fuel farm on the parcel depicted on Exhibit B. FBO is hereby further authorized to construct two (2)new six-unit hangar buildings for small and midsize aircraft on the parcel depicted on Exhibit B. Section 2. Paragraph 3) of the original lease is amended by revising the following subparagraph to read as follows: b) Upon execution of this amendment, the FBO shall pay monthly rent for the premises depicted in Exhibit A, on an arrears basis, in the amount of$7,106.00 per month. The FBO shall also pay monthly rent for the premises depicted in Exhibit B, on an arrears basis. The initial,rent shall be $1,000 per month and shall increase to $4,278.50 per month upon completion of the relocated fuel farm. ("completion"for purposes of this amendment shall be defined as the day upon which fuel is first received at the fuel farm). All rents shall be subject to the CPI provisions contained in the Ninth amendment dated August 17, 2016. Section 3. Paragraph 3) of the original lease is amended by, amending and adding the following subparagraph(s): g) Every five (5) years after the execution of this amendment a fair market value appraisal shall be conducted to ensure that the market rate for the entire premises is keeping up with the market rate for similar FBO properties. h) Any improvements made by the FBO to the premises automatically become the property of the County upon the termination of this lease. I i) NONPAYMENT OF ANY PORTION OF THE RENT WILL BE DEEMED TO BE A DEFAULT AND THE COUNTY MAY TERMINATE THE AGREEMENT PURSUANT TO PARAGRAPH 19. Section 4. Paragraph 4)of the original lease is amended by adding the following subparagraphs; a) Pursuant to the terms of the 8th amendment the term of this agreement is extended an additional 10 years and terminates on April 9,2028. b) If Grantair completes construction of the new (approximately 9,600 sq. ft) FBO terminal by January 31, 2024 then this lease terminates on April 20, 2046. Construction of the new FBO terminal must conform to the July 2016 Proposed FBO Design attached as Exhibit A to the 9th Amendment. ANY MODIFICATION OR DEVIATION FROM THE APPROVED PROPOSED FBO DESIGN DATED JULY 2016 MUST BE APPROVED BY THE DIRECTOR OF AIRPORTS. For purposes of this amendment, completion of construction shall be deemed to occur upon the date of the issuance of the Certificate of Occupancy. The intent of this amendment is to incentivize prompt construction of the new FBO terminal and the Lessor acknowledges the benefit to the Lessee of completing the project as soon as possible in order to maximize the cost amortization term. Unless otherwise agreed to in writing the planning, financing, commencement and progress of the construction, and all costs related thereto, shall be Lessee's responsibility however in no event will the termination date be later than April 20,2046. Section 5. All other provisions of the April 10, 1998 original lease, September 28, 2005 sixth amendment, February 21, 2007 seventh amendment and April 21, 2010 eight amendment and August 17, 2016 ninth amendment not inconsistent herewith,shall remain in full force and effect. 2 I 'f-*; 4 WITNESS WHEREOF, each party has caused this Amendment to Lease Agreement to be • f `- <; its duly authorized representative. I fji ` s. = BOARD OF COUNTY COMMISSIONERS % t ) VINMADOK CLERK OF MONROE r A By do•T e eputy Clerk ! Mayor/Chairman ATTEST: GRANTAIR SERVI S, INC. By By Title cfr fi r Title ! 4//i Y. r/. t.��`i�( By Title Co a 2.c- o -r7 t'?1;r r -- ;---f n. GJ d. N OE COU RNEY PROVE M . ER8A6 A ISTA COUNTY ATTORNEy1/ /, Date i id 3 The Florida Keys Marathon International Airport . Marathon Jet Center . Lease Amendment — Exhibit A Monroe County BOCC . 2019 .. . ._ July 17, ce-• -4 ... 'Iv uppi.:*;isam ili et — • . ;. ' ,,irr- - - *"' 1,1: " --- ': - - - __ .. ,., _ -tir.:-4. •, r••••••'...,....• •• _ * • . -......, wr ,t.: 'r."I''''".' •'''' • " t •... - •• *-o••,• ....47:".. ',..Z.......4.1r irr - •' . , " ..... . • . r- • ' Pargral'ir-:. .f--- • . . . i .. I, I 14 ', L •. .<•• . - U . MIL / A 1,045' •, ....r..r:_,. . . ..41.1111111ht --- 1r Cl ._ • • \1 , ... _„•,. V 11,N. . .. . t — -r. a •••e°'_ . , W.... _---- • lk N.I S. . • A • , P I' II MP ' - lig '• ili a. II1U11 . • , Existing Fuel Farm— . a• Jet A 10,000 gal. tank • a Jet A 12,000 gal. tank i- ,., • , A!. . L • ), 44 -4Vj r . RiCkiTivner 111111r-"PT ON . IV' . -r 4t* ` 'li"." 47\..1,111111.11.1116601/110t Air , . Existing Marathon Jet Center Leasehold /..Jr Miller A ' , .._ 1045' x 240' 250,800 sq. ft. Cr'X 111111=1111, , ,..., N 4=swgir.P.**011..... OP . e -- 10b , ,,,,,,,„,.„,, , ...,*,,,,,,,_,..„.., AVg —, :S--t-e-t- ff-71141. Marathon Airport A•r•jp . ' .54''s'. '- II& • . 1 4. / t, '1 1 July 2019 Marathon Jet Center The Florida Keys Marathon International Airport Lease Amendment — Exhibit B �,,'� . Monroe County BOCC ' July 17, 2019 - _.___...._ .__...._..,.. ..,.. .___„._.__ °` r w 4 606' .. .,.. .- .; x s ., • . i 'i •ii . .. . , : i ° Parcel at MTH , :�� I': 257' x, 44 151,006 sq. ft. _ • ',: %'.-t:,.., A. " a �....M► "' ... --µ"me dlt` ,. f �• ,«,,, + 410 a • rile F1._.._ y41t1;A Allan, raver ra ► .tz111t1a1m tii OOTe-,.. . r. �,{,._. 407* /WNW.0....lowom.... / 4,,.,.,,.,m. ea iR i 47 f ``�, f r Marathon Airport .4 at ! July 2019 ACG CERTIFICATE OF LIABILITY INSURANCE DATE(M`"IDD"YYYI • `..•----. 5/6/2019 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder Is an ADDITIONAL INSURED,the policy(Ies)must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED,subject to the terms And conditions of the policy,certain policies.may require an endorsement A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT AirSure Limited NAME: AirSure Limited 25548 Genesee Trail Road PHO(•-A,No,Est): 303-526-5300 FAX No): 303-526-5303 Golden; CO 80401 E-MAIL ADDRESS: .INSURERIS)AFFORDING COVERAGE NAIC B _ INSURER A: Eton'Indemnity 8,Liability Company 38318 INSURED INSURERS: Travelers Indemnity Company 25658 Marathon Aviation Associates, LLC,et al 9850 Overseas Hwy INSURER C: OBE.fnsurance Corporation 39217 Marathon, FL 33050 INSURER D: Commerce and Industry Insurance Company 19410 INSURERE: • INSURER F: . COVERAGES CERTIFICATE NUMBER: 48538226 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. 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 1S SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. ILTR I TYPE OF INSURANCE INSD ISTIBRI WVD I POLICY NUMBER I(MWDDCDYJYYYYI I(MMIDDIYYYPY)I LIMITS A / COMMERCIAL GENERAL UABILITY / 100023116303 4/1/2019 4/1/2020 EACH OCCURRENCE $25,000,000 CLAIMS•MADE 171 OCCUR DAMAGE TO RENTED PREMISES(E0occurrence) S MED EXP(Any one person) S 25,000 PERSONAL S ADV INJURY S GENL AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE S POLICY 7 PRO- POLICY f JECT LOC PRODUCTS-COMP/OP AGO S OTHER: S B AUTOMOBILE BA9278A68519HPR 41i0/2019 4/10l2020 accicl nIStNGLELIMIT s1,000,000 ANY AUTO BODILY INJURY(Per person) S OWNED SCHEDULED , BODILY INJURY(Peroctident) S AUTOS ONLY AUTOS -,� ��''- ISiC HIRED NON-OWNED PROPERTY DAMAGE S ✓ AUTOS ONLY AUTOS ONLY B1/ A p' (Per accident) S UMBRELLA LIAB OCCUR DATE 1\l f 1 ( EACH OCCURRENCE S EXCESS_..„-EES�S UAAER Wit..CLAIMS-MADE WAIVER YE8 AGGREGATE I S DED 1 1 RETENTIONS I S C WORKERS COMPENSATION AWC05O0248 4/10/2019 4/1012020 ✓ I PERTUTE I I0TH' AND EMPLOYERS'.UABILITY YIN • �fI�,,, ANYPROPRIETORIPARTNERIEXECUTIVE l.Y�+� EL EACH ACCIDENT 51,000,000 OFFICERIMEMBEREXCLUDED? n NIA, (Mandatory In NH) E.L.DISEASE-EA EMPLOYEE S 1.000,0011 If yes,describe under DESCRIPTION OF OPERATIONS below E L.DISEASE-POLICY LIMIT I s 1.000.000 D Storage Tank Pollution Liability ✓ FPL007511949 11/17/2018 11/17/2019 $1,000,000 Each Occurrence S2,000,000 Annual Aggregate - ' 5,000 Deductible Each Loss DESCRIPTION OF OPERATIONS!LOCATIONS!VEHICLES IACORD 101,Additional Remarks Schedule,may be attached If ore space is required) Except for Workers Compensation/Employers Liability,the Certificate Holder is included as Additional Insured but only as respects operations oithe Named Insured. We won't cover the Certificate Holder for claims arising out of.their liability as manufacturer,seller,handler,distributor or service facility of any product or service sold,handled,distributed or provided. CERTIFICATE HOLDER CANCELLATION Monroe CountyBoard of CountyCommissioners, SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE its employees&officers THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN is l nt Street ACCORDANCE WITH THE POLICY PROVISIONS. 1Key West, FL 33040 AUTHORIZED REPRESENTATIVE j(09,740....% �I/l% I Karin Dodd ,a 1988-2015 ACORD CORPORATION. All rights reserved. _ ACORD 25(2016/03) The ACORD name and logo are registered.marks of ACORD 48538226 1 19-20 Work Comp / Auto / Property / CI, 1 Courtney Ph1111py 1 5/6/2019 2102,14 PM (MDT, 1 Page 1 of 1