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3rd Amendment 02/21/2007 DANNY L. KOLHAGE CLERK OF THE CIRCUIT COURT DATE: March 9, 2007 TO: Reggie Paros, Director Housing & Community Development Florida Keys Marathon Airport Manager ATTN: FROM: Stacy DeVane, Executive Assistant Pamela G. Hanco~ Deputy Clerk At the February 21, 2007, Board of County Commissioner's meeting the Board granted approval and authorized execution of the following: .IThird Amendment to Lease Agreement between Monroe County and Tony D'Aiuto d/b/a Antique Aircraft Restorations regarding funding responsibility to construct the east General Aviation apron at the Florida Keys Marathon Airport. Seventh Amendment to Marathon Fixed Base Operator (FBO) Agreement between Monroe County and Grantair Service, Inc regarding funding responsibility to rehabilitate the west General Aviation apron at the Florida Keys Marathon Airport. Enclosed is a duplicate original of each of the above-mentioned for your handling. Should you have any questions please do not hesitate to contact this office. cc: Coullty Attorney Finar'1e File" THIRD AMENDMENT TO LEASE AGREEMENT TONY D'AIUTO d/b/a Antique Aircraft Restorations THIS THIRD AMENDMENT (hereinafter "Amendment") is made and entered into this 21st day of Februarv, 2007, by and between MONROE COUNTY, a political subdivision of the State of Florida (hereinafter "County"), and TONY D'AIUTO d/b/a Antique Aircraft Restorations, (hereinafter Lessee or Tenant). WITNESSETH WHEREAS, on the 14th day of June, 2000, the parties entered into a 20 year lease agreement, to allow lessee to construct facilities required by subsection VI(D)(4) of the County's Revised Standards for Commercial Aeronautical Activities for Aircraft, Engine, Propellor, and Accessory Maintenance Services at the Marathon Airport, hereafter original lease. Copies ofthe original lease are attached to this amendment and made a part of it; and WHEREAS, the parties desire to construct a General Aviation (hereafter G.A.) apron upon Lessee's currently leased property; and and WHEREAS, the County is willing to pay for 95 % using funding being provided by the FAA.; and WHEREAS, Antique Aircraft Restorations is willing to commit to funding the remaining 5% ; WHEREAS, the County has entered into a contract for purposes of constructing a G.A. Apron upon Lessee's currently leased property NOW, THEREFORE, in consideration of the mutual promises and covenants set forth below, the parties agree to amend the original lease as follows: I. The County and the Lessee agree that if F.A.A funds are used to construct a G.A. apron on the Lessee's currently leased premises, Lessee shall be responsible for payment of 5% of the total project costs. 2. The County agrees to pay for 95% of the all the construction costs of the G.A. apron as approved by the F.A.A. and using F.A.A. funds. Payment applications will be processed through the Airports Business office. Upon receipt of contractor's payment application, a copy will be provided to Lessee. Lessee shall furnish a check for 5% of the application amount to the Business Office. The Business Office will then forward the approved payment application, with the check from Lessee to the County Finance Department for review and payment. 3. All change orders must be approved by the F.A.A. If the Lessee wishes to proceed with a change order not approved by the F.A.A., then Lessee will be responsible for the entire cost of the item. 4. Any costs which exceed funding provided by the original F.A.A. grant will be paid entirely by the Lessee. 5. Upon completion, the G.A. apron shall become the property of the County. 6. In addition to paragraph 10 of the original agreement, the County may treat the Lessee in default and terminate this amendment and the original June 14, 2000 1998 Lease Agreement if the Lessee fails to timely submit the payments required of it under paragraph 1,2,3 and 4 of this amendment. Before the County may terminate the Agreement under this paragraph, the County must give the Lessee written notice of the default stating that, if the default is not cured within 10 days of the Lessee's receipt of the written notice, then the County will terminate this Agreement. The termination of this Agreement does not relieve the Lessee from an obligation to pay whatever damage the County suffered because of the Lessee's default. 7. All other provisions of the June 14,2000 original lease, not inconsistent herewith, shall remain in full force and effect. IN WITNESS WHEREOF, each party has caused this Amendment to Lease Agreement to be executed by its duly authorized representative. (SEAL) ATTEST: DANNY L. KOLHAGE, CLERK (Jg'" ~I ~ B' "..... ........... eputy Clerk BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By ~4~ Mayor/Chairman ATTEST: TONY D'AIUTO d/b/a Antique Aircraft Restorations BY~ 7' I '/If! By Title Cl7 :J:: 0 o "" X. :J:: ?:In- o -=--: r'flC-':~ ....~. n. r C)(1' c=-:::;:: ,.'. ~ :~'n'.. :.<:-!.::'-',~ .... = = .... :s: :J>" ?::l I \D ,-- (or1 r- ~M.' AS Dala -11 -n S .-'--' -u :Jl: ~ c..n '" ';.~ Ii' CJ o ?J c:; -n ...- L::1 I p1 "" 2