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1st Extension 04/19/2000 1Dannp lL. 1&olbage BRANCH OFFICE 3117 OVERSEAS mGHWAY MARATHON, FLORIDA 33050 TEL. (305) 289-6027 PAX (305) 289-1745 CLERK OF mE CIRCUIT COURT MONROE COUNTY 500 WIDTEHEAD STREET KEY WEST, FLORIDA 33040 TEL. (305) 292-3550 FAX (305) 295-3660 BRANCH OFFICE 88820 OVERSEAS mGHWAY PLANTATION KEY, FLORIDA 33070 TEL. (305) 852-7145 FAX (305) 852-7146 MEMORANDUM DATE: August 7, 2000 TO: Peter Horton, Director Monroe County Airports AnN: Bevette Moore Airport Business Administrator Pamela G. Hancock ~ Deputy Clerk U FROM: / At the April 19, 2000, Board of County Commissioner's meeting the Board granted V approval and authorized execution of a Renewal Agreement between Monroe County and Budget Rent A Car Corporation for a concession at the Marathon Airport. At the May 15, 2000, Board of County Commissioner's meeting the Board granted approval and authorized execution of a Lease and Concession Agreement between Monroe County and Budget Rent A Car Corporation for operations at the Key West International Airport for a term of five years. Enclosed please find fully executed quplicate originals for your handling. Should you have any questions please feel free to contact our office. Cc: County Administrator w/o document Risk Management w/o document County Attorney Finance File LEASE EXTENSION AGREEMENT THIS LEASE EXTENSION agreement is entered into by and between Monroe County, a political subdivision of the State of Florida, hereafter Lessor, and BUDGET RENT A CAR SYSTEMS, INC., a Florida corporation, hereafter Lessee or Concessionaire. WHEREAS, on the 1 st day of March, 1995, the parties entered into a car rental lease and concession at the Marathon Airport, hereafter original lease. A copy of the original lease is attached to this extension agreement and made a part of it; and WHEREAS, the original agreement term ends on February 29, 2000 but the parties desire to extend the original agreement term by five years; now, therefore, IN CONSIDERATION of the mutual promises and covenants set forth below, the parties agree as follows: 1. Paragraph 2 of the original agreement is amended to read: 2. Term. This Agreement is for a term of five (5) years, commencing on March 1, 2000 and expiring on February 28, 2005. 2. Paragraph 3d of the original agreement IS amended to provide a guaranteed minimum of $16,675. 3. 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. ESS WHEREOF, the parties hereto have set their hands and seals the day and written. BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORI~ 0 Q ~~~:!.':):;"Q . ;::0 l"") :l: ,b. By A~~;a~ Mayor/Chair~~ ...., -t C"){2"..,b. :<; ..:t: .'::J: -r, .> Q) r- -c- -. BUDGET RENT A CAR SYSTEMS, /ft'llC tI1 W .." -..: r- r-n ti ..." <::> ::0 ::0 f"r1 n C> ;0 o Witnesses By Title H. Wemple jairiiiextend