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1st Amendment 06/20/2001 Cleltl 01 De Circul coon Danny L. Kolhage Phone: 305-292-3550 Fax: 305-295-3615 Memorandum To: Jan Hotalen, County Attorney's Office From: Isabel C. DeSantis, () (1 .Ct. Deputy Clerk ...y. -' Date: Monday, January 28, 2001 At the Board of Commissioners' of Meeting June 20, 2001, the Board authorized execution of a Lease Amendment between Monroe eounty and FKAA revising the date the annual rent first becomes due from start of construction or March 15, 2001 (whichever is first) to start of construction or March 15, 2002 (whichever occurs first). Requested by theFKAA. Attached is a duplicate original of the above document for your handling. Should you have any questions concerning this matter, please feel free to contact this office. Copies: Finance File LEASE AMENDMENT 6/ THIS LEASE AMENDMENT is entered into on this ~ day of June, 2001, by and between Monroe County, a political subdivision of the State of Florida, whose address is 5100 College Road, Key West, FL 33040, hereafter County, and the Florida Keys Aqueduct Authority, an independent special district, whose address is 1100 Kennedy Drive, Key West, FL 33040, hereafter FKAA. WHEREAS, on March 15, 2000, the parties entered into a lease for a site at the Marathon Airport (the original lease) for use as a central wastewater treatment plant; WHEREAS, the parties have determined that it is in their mutual best interest to modify the date that rent under the original lease first becomes due; now, therefore WIT N E SSE T H: IN CONSIDERATION of the mutual promises and benefits set forth below, the parties agree as follows: 1. A copy of the original lease is attached to this lease amendment and made a part of it. 2. Paragraph 2 of the original lease is amended to read as follows: The term of this lease is twenty (20) years, beginning on the date first written above. The annual rent for the premises is $19,866.23 per year. (The rent amount is based on 91 cents per square foot multiplied by the premises 21,853 square feet.) The annual rent is due on the date the construction of the wastewater treatment facility authorized in subparagraph 3(b) begins and thereafter on the anniversary of that date for each year this lease remains in effect or two years from March 15, 2000, whichever occurs first. Following the initial year of this lease, the annual rental sum will be adjusted each year by a percent equal to the increase in the CPI for all urban consumers above that of the prior year. Alternatively, and in the discretion of the Monroe County Airport Director, following the initial year of this lease, the annual rental sum may be increased by the amount required by an updated rate and charges study prepared by a professional airport consultant and approved by the FAA. 3. Except as provided in paragraph 2 of this amendment, in all other respects, the terms and conditions of the original lease remain in full force and effect. BOARD OF COUNTY COMMISSIONERS OF MON E COUNT't'l, FLORIDA r--- ATIEST: 'V1:J 'A1Nn03 30HNOW 13 'ijl0 '~13 3DVH10>l ., ANN'VO ::OR~UTHORm Title' ." ~ . "f-;" '" n' t 0 r---- By 22 :z Wd 02 d3S IDOl Jdleasefkaa-mapa OHO~3B (iO':! 0311.:!