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Item G5 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY I~/I~ Meeting Date; December 13, 2000 * Division: County Administrator Bulk Item: Yes X No Department: Airports AGENDA ITEM WORDING: Approval oflease with Bob Cayce to divide a ground lease for hangar space into two parcels. ITEM BACKGROUND: Lease was previously for two individuals and two shade hangars on one parcel of land. This lease will divide the single lease/parcel ofland into two leases/parcels ofland. this lease also adds another 44 x 32 feet to the lease. PREVIOUS REVELANT DOCC ACTION: This item was tabled at the September Board meeting. STAFF RECOMMENDATIONS: Approval. TOTAL COST: N/A BUDGETED: Yes No COST TO COUNTY: N/A REVENUE PRODUCING: Yes X No AMOUNT PER MONTH $113.60 per month 1363.20 per year per Airport rates and charges. APPROVED BY: County Atty X OMBlPurchasing X Risk Management _X_ DMSION DIRECTOR APPROVAL: -~~b James L. Roberts DOCUMENTATION: Included X To Follow Not Required DIsPosmON: AGENDA ITEM # 1- C;.5 rP"'l^ ......,. . Uec. m 2000 03: .:5bl-'M t-'l MONROE COUNTY BOARD OF COUNTY COMMISSIONERS " , CONTRACT SUMMARY Contract # Contract with: Bob Cayce Effective Date; 12-13-2000 Expiration Date: 10-13-2002 Contrad PurposelOescription: Lease for shade hangar space at Marathon Airport Division of former lease between two parties OeField/Cayce. Contract Manager: Theresa Cook (name) # 6060 (En ) I for BOCC meeting on: December 13.2000 Airpor1S - Stop # 15 (D~enUCourierSmp) . Agenda Deadline: November 29. 2000 CONTRACT COSTS (Revenue) Total Dollar Value of COntract $1.363.20 Year Budgeted? N1A Grant N1A County Matd1: N1A Current Year Portion: Account Codes: Estfmated Ongoing COsts: (not induded in doIIarV8lue above) ADomONAL COSTS For:. None (ea. mlintenance, ulilitfea. janiIDrtaI. aJaries. etc.) CONTRACT REVIEW 1l.t(/aD --- I.1.Jf:-Rzl R~ -S . -1- -.L '. r Comments: _ ~ ~ -,-- \. ~~ L c .~ Omt3- P&lY'Ci. 2 s h.ould. ~l 'e (he ann (/'"'1 ~fr;:...1 ~i.JIVi- , t(.,.;ll I~ I1.CNi.lSe '-... 0: ( cl'J ,. ()) ~ r "'-e. -;n6,s I- ~cen,.+ /2. /?t0l av~ / /whie I Date In Changes Needed Yes No Airports Manager II /20/ {)O --- ( ) (X) ( ) (W/ ~anag~_ O.M.SJPu~ I L.. /0 II (10 --- County Attorney (r1 ( ) ( )(1 ~ , ,. Reviewer Date Out 12. 101 /.E..E WC.'fl co /,;? ,liJ.!:P I" /'Z.IS-~ Board of County Commissioners Monroe County of Florida Robert L. (Bob) Cayce, Jr. and Robert DeField would like our leases separated. We are on the original Chuck Pierce/Robert L. Cayce, Jr. lease, assigned to Rob DeField as of October 15th., 1997. Robert DeField will have the west half of said hangar leased from the County in his name only. The east half of the existing hangar along with an additional 44' x 32' parcel will be added as an amendment to Robert L. Cayce, Jr. for the sum of $408.32 per year, ($ .29 per square foot) payable by tenant as provided in Paragraph 2 of the original agreement and subject to the annual C.P.I. increase provided for in that paragraph. All terms, conditions and obligations of the original agreement will remain in effect. ~~ Robert DeField State of Florida County of Monroe .. Before me personally appeared Robert L. Cayce, Jr. and Robert DeField to me well known and known to me to be the person described in and who executed the foregoing instrument, and acknowledged to and before me that they executed said instrument for the .purposes therein express. WITNESS my hand and official seal, this 8/::j, day of S,..:J::::...JUA) ,1999. I Sl.t~-'.f 4J J '1..1 ;b Notary Public State of Florida At Large ~~'''''''",'''I''l ,,~~~, ~. :t't:;;:; . t ~ I, "" ::=. S ~~... \ ~ =*: I .-. - :*E ... . . - ~~~ 1CC894219 :;:!$~ ~,~. .~..... ~~'""~~~4..'~~ ~Q- ';l:)oF~',~~~ ~~'::t""'~'<:l~ .,~" "lh.Pt.Ir. C!T8:u:. ..\' My commission expires LEASE A6REEMENT This lease agreement is made and entered into this day of . 2000. by and between Monroe County, a political subdivision of the State of Florida, whose address is the Marathon Airport, 9400 Overseas Highway, Marathon, FL 33050, hereafter COUNTY, and BOB CAYCE, whose address is 5996 Overseas Highway, Marathon, FL 33050, hereafter TENANT. The parties agree as follows: 1) The COUNTY leases the property described in Exhibit A, hereafter the premises, to the TENANT for a term of three years. beginning on November 1, 1999 and ending on October 31, 2002. Exhibit A is attached to and incorporated into this lease agreement by reference. The TENANT may renew this lease agreement for three additional five year terms by providing the COUNTY with written notice of his intent to do so thirty days or more in advance of the term's expiration date. 2) The rental payment for the premises for hangar space during the first year of this agreement is $79.57 per month, plus the applicable sales tax, and an additional 44' x 32' parcel at $34.03 per month, plus applicable sales tax, payable at the Airport Director's Office, Marathon Airport. 9400 Overseas Highway, Marathon, FL 33050. The annual rental payment will increase for each successive year of the first eight years by the following amount: the total rental amount for the year multiplied by the increase in the consumer price index for all urban consumers (CPI-U) for the previous twelve months. Rent may be paid by the month or year at the TENANTS option. In the following ten years the rent will be changed at fair market value, established after an appraisal of the premises and calculated pursuant to the then current rates and charges study. ., , 3) a) The parties acknowledge that there is an existing hangar on the premises that belongs to the TENANT. At the end of the second term (eight years from the commencement of this lease agreement), the hangar will become the property of the COUNTY. If the TENANT elects not to renew this lease at the end of the first term, then he may remove the hangar from the premises if he does so by the end of that term. If the hangar remains on the premises after the expiration of the initial term, and the TENANT has elected not to renew, the hangar becomes the property of the COUNTY. Further, if. during the first term, the TENANT departs the premises as a result of his breach of this agreement, then the hangar will become the property of the COUNTY. b lei) The TENANT may not conduct any commercial activity or operate an FBO on the premises without the permission of the COUNTY. The premises are leased strictly for use by the TENANTS private aircraft. (ii) The TENANT must keep the COUNTY's Marathon Airport Director apprised of the names of persons and their aircraft that the TENANT has authorized to use the hangar facilities. The Director must be notified as soon as possible when an authorized occupant is added or deleted. c) The TENANT is responsible for the maintenance of the hangar for the first and second terms of this lease (the first eight years). After that, the COUNTY will assume the responsibility for the hangar's structural maintenance, with the TENANT responsible for all other premises' maintenance. Both parties must perform their maintenance of the hangar and related improvements in accordance with all applicable laws, rules and ordinances. 2 4) If the premises are needed for the expansion of the Airport or the FAA requires the removal of premise improvements, then the COUNlY may cancel this lease with thirty clays written notice to the TENANT. Upon such termination. the COUNlY will have no further obligation to the TENANT, including the obligation to pay money or any damages. The COUNlY must also remove the hangar at COUNlY expense. If the cancellation of this lease under this paragraph occurs during the first or second terms, the COUNlY must dismantle and return the hangar to the TENANT at any place designated by him within the Airport that is acceptable to COUNlY. 5) The TENANT may assign this lease with the approval of the Board of County Commissioners, whose approval may not be unreasonably withheld. 6) The TENANT must not authorize. permit or suffer any construction mortgage or other lien of any nature to be placed on the hangar. 7) The TENANT must pay all utilities, including gas, electricity, water and solid waste disposal charges, if any, and any installation charges that may be required for those uti lities. 8) The TENANT must not make any unlawful or offensive use of the premises and must permit the COUNlY or its agents to inspect the premises at all reasonable times. 9) The TENANT must obtain - and keep in effect during the term of this lease - the insurance described in Exhibit B. Exhibit B is attached and incorporated into this lease agreement. The TENANT may not begin this occupancy of the premises, regardless of the commencement date of this lease, until they furnish proof satisfactory to the COUNlY's 3 Director of Risk Management that they have obtained the insurance policies required by Exhibit B. 10) The TENANT covenants and agrees to indemnify and hold harmless the COUNTY from any and all claims for bodily injury (including death), personal injury, and property damage (including property ownecf by Monroe County) and any other losses, damages and expenses (including attorney's fees) which arise out of, in connection with, or by reason of the TENANrS utilization of the property governed by this lease agreement. The extent of liability is in no way limitecf to, reduced, or lessened by the insurance requirements contained in paragraph 9 and Exhibit B. 11) a) The TENANT for himself, his personal representatives, successors in interest, and assigns, as a part of the consideration hereof, does'hereby covenant and agree that 1) no person on the grounds of race, color, or national origin shall be excluded from participation in, deniecf the benefits of. or be otherwise subjected to discrimination in the use of said facilities: 2) that in the construction of any improvements on, over or under such land and the furnishing of services thereon, no person on the grounds of race, color or national origin shall be excluded from participation in, deniecf the benefits of, or be otherwise subjected to discrimination: 3) that the TENANT shall USe the premises in compliance with all other requirements imposed by or pursuant to Title 49, Code of Fecferal Regulations. Department of Transportation, Subtitle A. Office of the Secretary, Part 21. 4 " , Nondiscrimination in Federally-assisted programs of the Department of Transportation _ Effectuation of Title VI of the Civil Rights Act of 1964 and as said Regulations may be amended. b) That in the event of breach of any of the above nondiscrimination covenants, the COUNlY shall have the right to terminate the lease and to re-enter and as if said lease had never been made or issued. The provision shall not be effective until the procedures of Title 49, Code of Federal Regulations, Part 21 are followed and completed including exercise or expiration of appeal rights. c) It shall be a condition of this lease that the COUNlY reserves unto itself, its successors and assigns, for the use and benefit of the public, a right of flight for the passage of aircraft in the airspace above the surface of the real property herein described, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft, now known or hereafter used, for navigation of or flight in the said airspace, and for use of said airspace for landing on, taking off from or operating on the airport. d) That the TENANT expressly agrees for himself, his SUccessors and assigns, to restrict the height of structures, objects of natural growth and other obstructions on the herein described real property to such a height so as to comply with Federal Aviation Regulations, Part 77. e) That the TENANT expressly agrees for himself, his SUccessors and assigns, to prevent any use of the her.ein described real property which would interfere with or adversely affect the operation or maintenance of the airport. or otherwise constitute an airport hazard. 5 f) This lease and all provisions hereof are subject and subordinate to the terms and conditions of the instruments and documents under which the COUNTY acquired the subject property from the United States of America and shall be given only such effect as will not conflict or be inconsistent with the terms and conditions contained in the lease of said lands from the COUNTY, and any existing or subsequent amendments thereto, and are subject to any ordinances, rules or regulations which have been, or may hereafter be adopted by the COUNTY pertaining to the Marathon Airport. g) Notwithstanding anything herein contained that may be, or appear to be, to the contrary, it is expressly understood and agreed that the rights granted under this agreement are nonexclusive and the COUNTY herein reserves the right to grant similar privileges to another tenant or other tenants on other parts of the Airport. 12) This lease will be automatically canceled, and the title to the improvements on the leased premises will revert to the COUNTY, should the TENANT fail to occupy the premises within six months of the commencement of this lease or if, during the term of the lease, the premises are abandoned for a continuous period of six (6) months. This reverter provision applies notwithstanding anything contained elsewhere in this lease agreement. 13) The TENANT, on keeping the covenants and agreements set forth in this lease, is entitled to quiet and peaceful enjoyment of the premises without any interruptions by the COUNTY or by any person or persons claiming by, through or under the COUNTY. 14) All communications between the parties should be between the following persons at the following addresses: 6 Marathon Airport Director Marathon Airport 9400 Overseas Highway Marathon, FL 33050 Mr. Sob Cayce 5996 Overseas Highway Marathon, FL 33050 15) The TENANT warrant that he has not employed, retained or otherwise had act on their behalf any former COUNlY officer or employee in violation of Section 2 of Ordinance No. 10-1990 or any COUNlY officer or employee in violation of Section 3 of Ordinance No. 10-1990. For breach or violation of this provision, the COUNlY may, in its discretion, terminate this lease without liability and may also in its discretion, recover from the TENANT the full amount of any fee, commission, percentage, gift or consideration paid to the former COUNlY officer or employee. 16) Venue for any litigation arising under this lease agreement must be in a court of competent jurisdiction in Monroe County. Florida. IN WITNESS WHEREOF. the parties have set their hands and seal. (SEAL) ArreST: DANNY L KOLHAGE, CLERK SOARD OF COUNlY COMMISSIONERS OF MONROE COUNlY, FLORIDA Sy Deputy Clerk Sy Mayor/Chairperson WITNESSES: TENANT ~A~vo. ;)~~ a - {!~~ Sob Cayce jdairhangarKC 7 a I /-" 0 , ~r.1 ' l . I 'I to "-- ~t 1. /. I ./ I ~ 111 . I I . -- I ~" ( I . ,-' . 0 " } I o' I / tVl~ . . C'" __ -....- I .-' I .0.0 .. : c,e . I :J) ,., ;/g Ir} I "-1 U .... OfT} I . '0:0 e~ -'/0 I o 0 ~ .; g ~ I · ' I~ ~ I :,- () - ..... ~ I I (n I " .. .--...~..... -/ fIJ 1) I 0/" lJ/N I a) 0 -....~.... I :J 1(1 0 CD - , "IJ I FI- OF: I CD I .... ~OQ . . a. ' :r; :?: en L--___L_ ,~ -t 0 . ~:u ~ - ' , 0 - fl ..0r-o ., ~j :>frL ,0 A d - ~ (It/_. --r I \ _'. . ,........ . . ~ . '., .. ... EXHIBIT "An " . 1996 Edition (" MONROE COUNTY, FLORIDA RISK MANt\GEMENT POLICY AND PROCEDURES CONTRACI' ADMINISTRATION MANUAL General Insurance Requirements for Airport! Aircraft Activities Prior to the commencement of work governed by this contract (including the pre-staging of personnel and material), the Vendor shaH obtain, at hislher own expense, insurance as specified in the attached schedules, which are made part of this contract. The Vendor will ensure that the insurance obtained will extend protection to all Contractors engaged by the Vendor. The Vendor will not be permitted to commence work governed by this contract (including pre- staging of personnel and material) until satisfactory evidence of the required insurance has been furnished to the County as specified below. The Vendor shall maintain the required insu~nce throughout the entire tenn of this contract and any extensions specified in any attached schedules. Failure to comply with this provision may result in the immediate suspension of all activities conducted by the Vendor and its Contractors until the required insurance h~ been reinstated or replaced. . . The Vendor shall provide, to the County, as satisfactory evidence of the required insurance, either: · Certificate of Insurance or · A Certified copy of the actual insurance policy. The County, at its sole option, has the right to request a certified copy of any or all insurance policies required by this contract. . .. . All insurance policies must specify that they.arenot subject to cancellation, non-renewal, material change, or reduction in coverage unless a minimum of thirty (30) days prior notification is given to the COtalty by the insurer. The acceptance and/or approval of the Vendor's insurance shaU.not be construed as relieving the Vendor from any liability or obligation assum~d under this contract or imposed by law. . !he Monroe County Board of County Commissioners, its ert)ployees and officials will be Included as "Additional Insured" on all policies, except for Workers' Compensation. Any deviations from these General Insurance Requirements must be requested in writing on the County prepared form entitled "Request for Waiver of Insurance Requirements" and approved ~y Monroe County Risk Management. Ad,nill,';l/;U'OIl '1I~lf"':II'"1 1:4 "i(/') :> ~~ 1996 Edition GENERAL LIABILITY INSURANCE REQUIREMENTS FOR CONTRACT BETWEEN MONROE COUNTY, FLORIDA AND Prior to the commencement of work governed by this contract, the Contractor shall obtain General Liability Insurance. Coverage shall be maintained througho~t the life of the contract and include, as a minimum: · Premises Operations · Products and Completed Operations · Blanket Contractual Liability · Personal Injury Liability · Expanded Definition of Property Damage The minimum limits acceptable shall be: $300,000 Combined Single Limit (CSL) If split limits are provided, the minimum limits acceptable shaH be: ~ $100,000 per Person $300,000 per Occurrence $ 50,000 Property Damage An Occurrence Form policy is preferred. If coverage is provided on a Claims Made policy, its provisions should include coverage for claims filed on or after the effective date of this contract. In addition, the period for which claims may be reported should extend for a minimum of twelve (12) months following the acceptance of work by the County. The Monroe County Board of County Comm!ssioners shall be named as Additional Insured on all policies issued to satisfy the above requirements. GLl Adm iniS\1 ;,1 iI/II IUSlIlIl:\ i'"1 If.nO')::' C. oPt ~~o _' ,.. -- - ~."..1"~ UJL. - \ 'tJ ../ " , YOUE~. CAYCB'S ~OB, me: " A I G A V I A T ION INC. POLICY NtJMBBR LB0165620 CBR'l'IFICA'1'E OF DlStJRANC::B LIGHT AIRCRAFT POLICY "Y. THIS IS TO CERTIFY TO MOHROE cotmTY BOUD 'OF COUN'1'Y COMMISSIONERS, RISJt MAHAG!:MDT 5100 COLLBGE ROAD DYWBST, PIt 33040 THAT THE INstmANCE COMPAHY OF' THE STATE OF PBlIINSYLVAHIA FOLLOWING INStJRA!lCE POLICY TO CAYCE'S BXACATIOR, :me O\TE wr.'\~ l'..~ ... /' ~ <1A' ill BlIS ISSlIl!D TBB U . 'J.,. CC', ~ff)~ POLICY NtJMBBR LB0165620 POLICY P.BRIOD: FROM 04/23/00 TO 04/23/01 COVERa~s A. AIRCRAFT LIABILITY Single Limit Bodily Injuzy aDd Property Damage (Including Passengers) but with Bodily Injuzy to Passengers limited within the Single Limit to: $1000000 BACH OCctJRRENCB BACH PASSENGER $ 0 THERE MAY BE LIMIT RESTRIC'1'IORS FOR THE SPOtrSE, PARENT Am) CHIL1J OF THE NAMBD INStmED. B. MEDICAL .lSU'BNSBS BACH BACH Including Crew $ 3000 PASSENGER $ 18000 OCctJRRENCB C. PHYSICAL DAMAGE 'l'D YDDR AmCRAI"1' PAA Number Year Malee aDd Medel HS121' 1974 BBBCH BS5 BIRQR Value $ 175000 Deductible $ 250 THE CERTIFICA'1'.E HOI.D1m IS: ( ) 1. ma.DDED AS r.oss PAYBE FOR AmC'.R...V'1' PHrSICAL DAMAQB ( ) 2. PROVIDED BRBACH OF 1fURAN'1'r COVERAGE OR ~UT PHrSICAL DAMAGE. ( ) 3. IS IHCI.tJDED AS .AR At1DI'1'IODL PBRSOR USDa LIABILrn' COVERa~s, BtJ'1' ONLY !'OR '1'BE 0PBR1d'I0lIS OF '1'BE NAMED msmum. (X) 4. IS INCLtmED AS .AR At1DI'1'I0lQI, msmum PERSOR, mrr ONLY AS RESPECTS '1'BE BINCDRDIG OR 1'IB DOWN OF YDDR AmCRAl"1'. THE AVIATIOR MAPAGERS AGRBE 'l'D PROVIIm 45 DAYS ND'l'ICI':- (10 DAYS FOR NON-PAYMBNT OF PREMItJM) 'l'D THE CER.TIFICA'1'.E BOLDER IF '1'BE POLICY IS c::ucELLBD. BtJ'1' ASSUMES NO RESPONSmILITY FOR nn.mm 'l'D PROVIIm StJCB N01'ICB. THIS CERTIFICATE DOES NOT CHJlNGE m ANY WAY THE ACTtJAL CCV'ERJl.tmJ::! PROVIDED BY THE POLICY SPECIFIED ABOVE. :#t~ ~! ,V~~ Authorized Representati.ve AV319 (10/94) '1'BE AVIATIOR MJmAGBR. ISstJIRG THIS CERTIFICATE IS: AIG AVIATIOR mc:. ~5- BY (0' gf)-(() TODAY'S DA'1'.E rr\.UII . I-HX NO. Dec. 131 2000 133: 40PM P7 ., , .. 1996 t4it;an c , MONROE COUNTY, FLORIDA RISK MAN^GEMENT POLICY AND PROCEDURES CONTRACT ADMINISTRATION MANUAL General Insuranec Requirements for Airport! Aircr:aft Activities Prior to the commencement of work governed by this contract (including the pre.staging of personnel and material), the Vendor shaH obtain, at hislhcr own expense, insurance as specified in the attached schedules, which are made part of this contract The Vendor will ensure that the insurance obtained will extend protection to all Contractors engaged by the Vendor. The Vendor will not :!ermitted to commence work govcmed by this contract (including pre. staging ofpcrsonne1 material) until satisfactory evidence of the required insurance has been furnished to the County IS specified below. The Vendor shalt maintain the required i~nce throughout the entire term oEthis contract nnd any extensions specified in any attached schedules. Failure to comply with this provision may result in the immediate swpcnsIon of all activities conducted by the Vendor and its Contractors until the required insurance &,.s been reinstated or replaced. The Vendor shall provide, to the County, as satisfactory evidence oftIte required insurance, either: · Certificate of Insurance or · A Certified copy of the actual insurance policy. The County. at its sole option, has the right to request a certified copy of any or all insurance policies required by this contract. _ . . All insurance policies must specify that they .are.not subject to cancellation, non-renewal, material change, or reduction in coverage unless a minimum of thirty (30) days prior notification is given to the Cot:.nty by the insurer. The acceptance and/or approval orthe Vendor's insurance shall not be construed as relieving the Vendor from any liability or obligation assumed under this contract or imposed by law. The Monroe County Board of County Commissioners, its eft).ployecs and officials wiIf be . included as "Additional Insured" on all policies, except for Workers' Compensation. Any deviations from these General Insurance Requirements must be requested in writing on the County prepared form entitled "Request for Waiver of Insur2uc:e Requirements" and approved by Monroe County Risk Management. Ad'H;ui..11:atlUI1 JIl~"I'..';'''1 i~~I,.j ~ ,. ,.. r"UlI . I"HX NU. Dec. 01 2000 03:41PM P8 " , " . 1996 Edition GENERAL LIABILITY INSURANCE REQUIREMENTS FOR CONTRACT BETWEEN MONROE COUNTY, FLORIDA AND '. Prior to the commencement of work governed by this contract, the Contractor shall obtain General Uability Insurance. Coverage shall be maintained throughol,lt the life of the contract and include, as a mini"lum: · P~es Operations · Products and Completed Operations · Blanket Contractual Liability · Personal Injwy Liability · Expanded Defmition of Property Damage The minimum limits acceptable shall be; $300,000 Combined Single: Limit (CSL) H split'lifnits are provided, the mini"lum limits acceptable shall be: $100,000 per Person $300,000 per Occurrence $ 50,000 Property Damage An Occurrence Form policy is preferred. rfcoverage is provided ona Claims Made policy, its provisions should include coverage for claims filed OD. or after the effective date of this contract. In addition, the period for which claims may be reported should extend for a minimum of twelve (12) months following the: acceptance of work by the County.. '. The Monroe County Board of County Commicsioncrs shall be named as Additional Insured on an policies issued to satisfy the above requirements. eLl Aumini"u;:li'lIl 1.....""':li..,, 1147(J'J.'? ~.~ t YOUR ~ CAYCB'S BXACATI:OH, me A I G AVIATION INC. ENDORSEMENT NO. 6 POLICY NUMBER LB0165620 EFFECTIVE DATE April 23, 2000 at 12:01 AM STANDARD TIME AT THE ADDRESS IN ITEM 1 OF PAGE ONE TODAY'S DATE June 07, 2000 ISSUED BY THE INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA ADDITIONAL INSURED PERSON/WAIVER OF SUBROGATION ENDORSEMENT (Only the clause indicated by an "X" in the parenthesis applies) In Consideration of $.00 Additional Premium, the policy is amended as folIc ( ) 1. The following is included as an Additional Insured Person: I ( ) 2. The following is included as an Additional Insured Person, but only for Liability Coverages: ( ) 3. The following is included as an Additional Insured Person, but only for your operations: . -. (X) ~. The following is included as an Additional Insured Person under Liability Coverages, but only as respects the hangaring or tie down of your aircraft: MONROE COUNTY BOARD OF COUNTY COMMISSIONERS, RISK MANAGEMENT 5100 COLLEGE ROAD KEY WEST, FL 33040 We agree to waive our rights of recourse against the following for loss arising under Physical Damage Coverage C; provided, however, that this-waiver' shall not prejudice our rightof recovery for damages arising from the design, manufacture, modification, repair, sale, servicing, and handling of your aircraft by: II. ';!;' ." ; - - . ,:,,, '; I' .:a~.. ( ) 5. . ! . ," '. I. , .. , .-' . , , I . . .....1 Nothing in this policy shall be changed, waived or,extended o~er .than .as shown above. '. . ._ ..~:. . ";..ii. '. ,...... ,. . ''';. I'i.' .'.,.....'1. ,;' This endorsement shall not be valid unless approved by the Aviation Hanagers. . ~ t ~ ; i', . AV163 (5/94) By l'" ,,_ '. -, "I; ...' '.L ... "