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Item O11BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: October 17, 2007 Division: County Attorney Bulk Item: Yes XX No Staff Contact Person: Pedro Mercado AGENDA ITEM WORDING: Approval of the assignment of the Airport Gift Shop lease at the Key West International Airport from Ms. Diane Heberle / Springboard Enterprises, Inc. d/b/a "The Airport Gift Shop" to Ms. Gina Borrego and Last Chance Gifts, LLC. ITEM BACKGROUND: The County originally entered into a lease agreement with Diane Heberle on November 10, 1993 for a period of 7 years and extended the lease by way of a lease extension agreement dated April 19, 2000 for an additional 16 years. Ms. Heberle has entered in to an agreement for purchase and sale of assets, including the lease hold to Ms. Borrego. Article XX of the original lease agreement provides for assignment of the lease upon written approval of the B.O.C.C. PREVIOUS RELEVANT BOCC ACTION: Approved the original lease with Diane Heberle and the subsequent lease extension. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval TOTAL COST: N/A COST TO COUNTY: N/A BUDGETED: Yes No SOURCE OF FUNDS: REVENUE PRODUCING: Yes XX No AMOUNT PER MONTH $40.93 per square ft plus %5 of gross revenue APPROVED BY: County Atty DOCUMENTATION: Included DISPOSITION: Revised 2/05 OMB/Purchasing _ Risk Management Not Required AGENDA ITEM # CONSENT TO ASSIGNMENT OF LEASE This Consent to Assignment is entered into this day of 2007, by and between Monroe County, a political subdivision of the State of Florida, hereafter County, Diane M. Heberle/Springboard Enterprises, Inc., a Florida corporation d/b/a "The Airport Gift Shop", hereafter Assignor, and Last Chance Gifts, LLC, a Florida limited liability company, hereafter Assignee, the parties agreeing as follows: The County leases approximately 303 square feet of gift shop space located within the passenger terminal building at Key West International Airport, through a Contract of Lease dated November 10, 1993, and extended by Lease Extension Agreement dated April 19, 2000 for an additional sixteen (16) years, and amended on November 10, 1993 to substitute Springboard Enterprises, Inc. as Lessee and attaching Exhibit A-1, in place of Exhibit A, depicting the location of the airport gift shop. Copies of the original Lease, Lease Extension Agreement, and Amendment are attached and incorporated into this Consent to Assignment. 2. Article XX of the Lease provides that the Lessee may assign the Lease with written approval of the Board of County Commissioners for Monroe County. 3. The Assignor and Assignee have entered into an Agreement for Purchase and Sale of Assets which contract includes an assignment to Assignee of all the Assignor's right, title, and interest in the Lease. 4. In consideration of its consent from Board of County Commissioners, to the assignment Assignee agrees to be bound by all the terms and conditions of the original Lease, as extended and amended. IN WITNESS WHEREOF, the parties have set their hands and seals as of the date first written above. (SEAL) ATTEST: DANNY L. KOLHAGE, CLERK R-A Deputy Clerk ASSIGNOR: DIANE M. HEBERLE / SPRINGBOARD ENTERPRISES, INC. a Florida corporation LESSOR: BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Mayor Mario Di Gennaro ASSIGNEE: LAST CHANCE GIFTS, LLC, a Florida limited liability company By: By: Diane Heberle, individually and as President of Springboard Enterprises, Inc. Gina Borrego, Managing Member imp-13 tb AN ZIP;,... m ofmath-allow n APO;- s s1larse ot paT�� E. Less t zha 2 � ts� A wash � �.r: �i � 'r� x�►� ,'�"'�w:.,`:����. ""�' fi�e3�.:_�. �3 ,L�"�!C .:ham i'�13�i'���'�h`J�:'s_. e fit Sit thlia w, lie � s that in furtherat 10 . cx futu.ir said tilt.- vw lee � ztr Aft 61 cl m ii 'mod..._ ,�:. Lessor di ;d The hu ��� Vow:Altai . :AeJltsrrw.4:_ A, I Milma mog 'Or S9, th out Om ml 41- J�o 4 :fit acd . With othim�►, a :_� im : ofOtt stye' + rep fir ' 0., T.: -�� .. ':w"M:,' 1 _, s2i I 5 y W ^N 5- S igAp�SP6