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1st Amendment 04/17/2002 Cleltl of De Circul coun Danny L. Kolhage oftice 305-292-3550 Fax 305-295-3615 Memnrandum To: Theresa Cook, Manager Marathon Airport Isabel C. DeSantis,' . ~ Deputy Clerk 'Y From: Date: Monday, May 06, 2002 At the April 17, 2002, Board of County Commissioner's meeting, the Board granted approval and authorized execution of an Amendment to Lease Agreement between Monroe County and Marathon Hangar Development, Inc. specifying how contractors payment applications and change orders will be processed concerning the building of 32 enclosed hangars at the Marathon Airport. Enclosed is a duplicate original of the above for your handling. If you have any questions, please do not hesitate to contact this office. Cc: County Attorney Finance vFile AMENDMENT TO LEASE AGREEMENT Marathon Hangar Development, Inc. ?fA THIS AMENDMENT is made and entered into this /1 day of 4P e( L 2002 by and between Monroe County, hereafter County, and Marathon Hangar Development, Inc. hereafter MHD or Tenant. WHEREAS, on the 13th day of December, 2000 the parties entered into a lease agreement for hangar space at the Marathon Airport, hereafter original lease. A copy of the original lease is attached to this amendment and made a part of it; and WHEREAS, the parties desire to amend original agreement; now, therefore, IN CONSIDERA nON of the mutual promises and covenants set forth below, the parties agree as follows: 1. Paragraph 3(b) of the original agreement is amended to read: 3. b) The County agrees to pay one-half of all the construction costs of the four hangar buildings, paved areas and infrastructure, as approved by the Florida Department of Transportation. Payment Applications will be processed through the Airports Business Office. Upon receipt of contractors payment application, a copy will be provided to MHD. MHD will furnish a check for one-half of the application amount to the Business Office. The Business Office will then forward the approved payment application, with the check from MHD, to the County Finance Department for review and payment. All Change Orders must be approved by FDOT and/or FAA. Should MHD wish to proceed with any item of a Change Order not approved by FDOT and/or FAA MHD will be responsible for the entire cost of the item. If additional funding, above the original amount of the FDOT and/or FAA agreements is not available, any costs incurred over the amount of the original FDOT and/or FAA grant will be paid entirely by MHD. 2. Except as set forth in paragraphs one and two of this lease extension agreement in all other respects the terms and conditions of the original agreement remain in full force and effect. duly authoriz (SEAL) ATTEST: ~MJCJ.lJ))~ Deputy Clerk (SEAL) ATTeST: ~ j; '. ~~Ii/ ~ ~/m87Jt JdairMHD2 o 0:: o U Ll,J 0::: 0:: o Li- CJ W -1 Li- o lD N x: 0- \.0 I >- ..a: x: C-J ~) c:;:.' c-J <( ~ ...J <;t . u... ::cl->= -IU' D .C::: ::r::~:::; .we> ...J , C) >-~uJ :;7::.-10 ;,..:;:ucr: < :z C.:l 0 k. BOARD OF COUNiY~ISSIONERS Of MONROE COUN r, RIM By Mayor/Chairman Marathon Hangar Development, INC. [..{ By Title )/I;II!t;~~ t/.PD9~/)It~ ,