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Item I7 I7 BOARD OF COUNTY COMMISSIONERS COUNTY of MONROE �� i Mayor Holly Merrill Raschein,District 5 The Florida Keys Mayor Pro Tern James K.Scholl,District 3 Craig Cates,District 1 Michelle Lincoln,District 2 ' David Rice,District 4 Board of County Commissioners Meeting December 13, 2023 Agenda Item Number: I7 2023-1907 BULK ITEM: Yes DEPARTMENT: Airports TIME APPROXIMATE: STAFF CONTACT: Richard Strickland N/A AGENDA ITEM WORDING: Approval of Second Amendment to the Master Fixed Based Operation(FBO) Lease Agreement with Grantair Service, Inc. and Marathon Aviation Associates, revising milestone dates for the FBO to relocate and construct, at FBOs sole expense, a new fuel farm and removing the requirement for construction of a new hangar complex at the Florida Keys Marathon International Airport. ITEM BACKGROUND: On October 21, 2020 the County and the FBO entered into a new master lease agreement which required that the FBO relocate the fuel farm which existed on his leasehold to a new location at the western end of the airfield. Subsequent to the execution of the October 2020 lease, the county undertook planning for safety projects at the Marathon Airport that impact the ability of the FBO to construct the new hangar complex. In addition, the County and the FBO entered in to a first amendment to the master lease which granted an additional parcel of land to the FBO upon which the FBO was required to construct a new corporate hangar(the "Rich Hangar"). The FBO has requested additional time for the planned relocation of the fuel farm as well as the construction of the new Rich Hangar and for purposes of clarity the parties have agreed to remove the language requiring construction of a new hangar complex at the western end of the airfield. The new timeline requires that the FBO submit plans and specifications for the New Fuel Farm no later than February 1, 2024. Construction of the new fuel farm shall be completed by December 31, 2024. Plans and specifications for the relocation and construction the new Rich Hangar and associated access ramp shall be submitted no later than January 1, 2026. Construction of the new Rich Hangar and access ramp must commence by January 1, 2027. PREVIOUS RELEVANT BOCC ACTION: Original 20-year Marathon Fixed Base Operator agreement approved April 10, 1998. On October 21, 2020, the April 1998 lease and all amendments were cancelled and a new Master FBO Agreement was approved. On July 21, 2021, the First Amendment was approved. 2536 INSURANCE REQUIRED: Yes CONTRACT/AGREEMENT CHANGES: Revises milestone dates for the FBO to relocate and construct, at FBO's sole expense, a new fuel farm, demolish the Rich Hangar at its current location and construct a new Rich Hangar, and removes the requirement for construction of the hangar complex at the western end of the airfield. STAFF RECOMMENDATION: Approval DOCUMENTATION: MTH - Grantair FBO (Marathon Aviation Associates) 2nd Am end ment.pdf FINANCIAL IMPACT: Revenue Producing: Effective Nov. 1, 2023, $8,399.864/mo. rent plus sales tax for the premises described in Exhibit A and $1,182.08 rent per month plus tax for the premises described in Exhibit B which shall increase to $4,943.84 per month upon completion of the new Fuel Farm. 2537 MARATHON FIXED BASE OPERATOR(FBO)AGREEMENT SECOND AMENDMENT MONROE COUNTY MARATHON AVIATION ASSOCIATES, LLC THIS MARATHON FIXED BASE OPERATOR (FBO) SECOND AMENDMENT is made and entered into this 13th day of December, 2023, by and between Monroe County, a political subdivision of the State of Florida, whose address is 1100 Simonton Street, Key West Florida 33040 (hereafter, the "County"), and Grantair Service, Inc., a Florida corporation whose principal address is 8800 Overseas Highway, Marathon, Florida 33050 and Marathon Aviation Associates, LLC, a Florida limited liability company whose address is 8800 Overseas Highway, Marathon, Florida 33050 (hereafter, the "FBO"). WHEREAS, on October 21, 2020, the County cancelled its then existing April 10, 1998, lease and all of its amendments with Grantair Service, Inc., a Florida corporation and Marathon Aviation Associates, LLC, and thereafter Grantair Service, Inc., a Florida corporation and Marathon Aviation Associates, LLC entered into a new lease with Monroe County (hereafter "Original Agreement"), incorporated herein by reference; and WHEREAS, the Original Agreement required that the FBO relocate and construct a new fuel farm and hangar complex; and WHEREAS, construction of planned safety projects have to be completed prior to the construction of the new hangar complex; and WHEREAS, the parties wish to clarify the terms of the Original Agreement and remove the requirement for the construction of the new hangar complex by the FBO in order to proceed with the safety projects first; and WHEREAS,on July 21,2021,the parties entered into the First Amendment to the Original Agreement to provide for, and address the terms pursuant to, the relocation of the Rich Hangar; and set forth the milestone dates for the relocation and construction of the Rich Hangar as well as the milestone dates for the construction of the new fuel farm; and WHEREAS,parties have agreed to revise the milestone dates as set forth herein. 1 2538 NOW THEREFORE, in consideration of the mutual promises and benefits set forth below, the receipt and sufficiency of which are hereby acknowledged, the parties agree to amend the Original Agreement as follows: Section 1. Article 2) (Premises) sub-Section a) of the Original Agreement is hereby amended in its entirety to read as follows: a) The County, as of the Effective Date of this Agreement, hereby leases to the FBO three (3) individual parcels, also referred to as the premises, at the Florida Keys Marathon International Airport as depicted in Exhibit A and Exhibit B,both dated October 21, 2020, which are attached hereto and incorporated herein by this reference along with the vacant land adjacent to the Monroe County Sheriffs Office on the East side of the airport as depicted in Exhibit C on the terms and conditions set forth herein. The FBO is hereby authorized to (i) decommission and dismantle the fuel farm located on the parcel depicted on Exhibit A following the construction of a new fuel farm on the parcel depicted in Exhibit B (the"New Fuel Farm") and(ii) demolish the existing Rich Hanger at its current location and construct a new hangar on the Vacant Land parcel depicted in Exhibit C. The FBO shall submit plans and specifications for the New Fuel Farm no later than February 1,2024. Construction of the new fuel farm shall be completed by December 31, 2024. Plans and specifications for the relocation and construction the new Rich Hangar and associated access ramp shall be submitted no later than January 1,2026. Construction of the new Rich Hangar and access ramp must commence by January 1, 2027. Section 2. Article 2) (Premises , sub-Section b) of the Original Agreement is hereby amended in its entirety to read as follows: b) No buildings, structures or other improvements to real property may be added by the FBO to the premises described in Exhibit A, Exhibit B, or the Vacant Land Exhibit C, other than the new fuel farm on the parcel depicted in Exhibit B and the construction of the Rich Hanger on the Vacant Land depicted in Exhibit C without a separate agreement concerning the same with the COUNTY. Section 3. Article 3) (Rent, Fees, Late/Dishonored Payments.), sub-Section a) of the Original Agreement is hereby amended in its entirety to read as follows: a) As of November 1, 2023 the monthly rent, paid on an arrears basis, for the premises is as follows; $8,399.86 per month plus tax for the premises described in Exhibit A. Rent for the premises depicted on Exhibit B shall be $1,182.08 per month and shall increase to 2 2539 $4,943.84 per month plus tax upon completion of the New Fuel Farm ("completion" for purposes of this Sub-Section 3(a) shall be defined as the day upon which fuel is first received at the New Fuel Farm). Additionally, beginning on the earlier to occur of either (i) January 1, 2027, or(ii)the completion of the construction of the Rich Hanger, the FBO shall pay additional monthly rent plus tax for the premises depicted in Exhibit C pro rata, on a per-square foot basis. Rent shall be paid in arrears in equal monthly installments each calendar month during which this lease is in effect. Upon the failure of FBO to pay any installments when due, the County will be entitled to charge and collect, and FBO will be obligated to pay, a late fee of two percent (2%) of any such amount, if paid within thirty (30) days of the date due, and five percent(5%)of any such amount, not paid within thirty (30) days of the date due. Such late fees will be in addition to the amount of rent due. The acceptance by the County of the overdue rental installment plus applicable late fees shall cure what would otherwise constitute a default by FBO under the terms of this lease. The County, at its option, however, may refuse a proffered overdue rental installment and late fees, declare a default, and proceed according to paragraph 21 of this lease. In the event that any check, draft, or negotiable instrument by which FBO has tendered any rent payment is returned to the County and not honored, whether for insufficient funds or other reason, the County will be entitled to charge and collect, in addition to any applicable late payment fees as provided above, a fee of Twenty-five Dollars($25.00)for such dishonored instrument. Such penalty fee shall also be in addition to the amount of rent due. The acceptance by the County of the rental payment plus any applicable late fee and penalties following the receipt of a dishonored instrument shall cure what would otherwise constitute a default under the terms of this lease. Section 4. Article 5) Term.), sub-Section b) of the Original Agreement is hereby amended in its entirety to read as follows: b) If the FBO completes construction of the New Fuel Farm by December 31, 2024, then this FBO Lease shall terminate on October 31, 2054. ANY MODIFICATION OR DEVIATION FROM THE APPROVED PROPOSED New Fuel Farm MUST BE APPROVED BY THE DIRECTOR OF AIRPORTS. For purposes of this amendment, completion of construction shall be deemed to occur upon the date of the issuance of the Certificate of Occupancy. The intent of this Section 5(b) is to incentivize prompt construction of the New Fuel Farm and the County acknowledges the benefit to the FBO of completing the project as soon as possible in order to maximize the cost amortization term. Unless otherwise agreed to in writing the planning, financing, commencement and progress of the construction, and all costs related thereto, shall be the FBO's responsibility. Upon completion of construction or as soon thereafter as possible,the County and the FBO 3 2540 shall enter into a written lease extension documenting the new termination date of October 31, 2054. Section 5. Except as set forth in sections one, two, three and four of`this 2`1 Amendment to the Marathon Fixed Base Operator Agreement, all remaining pp-ovisiolls of the Original Agrccmcm dated October 21, 2020 and the I"amendment dated July 21.1 2021 not inconsistent licrc\vitli, shall remain in full force and effect. IN WITNESS WHEREOF, each patty has caused this Agreement to be executed by its duly authorized representative as of the date first written above. (SEAL) BOARD OF (.'O[.JN'-['Y COMMISSIONERS XrTEST: KEVIN MADOK, CLERK OF MONItOE COUNTY, FL,ORIDA By____ — By_____—___ - As Deputy Clerk Mayor Holly Merrill Raschein MARATHON AVIATION ASSOC[A]"E'S, NPOE COUNTY ATTOnNEY ArP111OVE7A v7j FORM Asst;EDT' DG--- C T &UNXTY aTORNEY Date 12/5/23 By: wrger Woolsey, Chief0pef-ming Officer 4 2541 The Florida Keys Marathon International Airport Marathon Jet Center �, Master Lease Agreement Exhibit A October 21, 2020 � xPIRR <,x,. , lij 240' Existing Fuel Farm— I " Jet A 10,000 gal.tank ... p Jet A 12,000 gal.tank yea � ✓ pry d ✓�.y — ,. ��� VIW Wa; ��nR �� mm� o ro mmmmnmmmi "Imrvtrmfmh�� �" g ✓s� Existing Marathon Jet Center Leasehold f ' s new ,eti �19aur < ,.,Use✓✓„,� 1 045 x 24017, 250,800 sq.ft. i,.✓, .,,,,, ✓ ,..�,�,.✓✓� !,,,,;r,,y� „ '� 119aw. ,,,,,,�✓ M,✓- „�,� „ ,✓ '� n„ ,!✓i0a �,�-,. v✓��✓,� .�. i✓, ✓i:/ .✓✓/✓✓r✓If,✓L��,,,;,/,,,i✓�i!„c✓: 4J 4fhi" Q e✓ Marathon Airport e .. a Jul 2019 2542 Marathon Aviation Associates The Florida Keys Marathon International Airport . Master Lease Exhibit B October 21,2020 6 r r eiu, «F,awfm,zavi�yaN�irn4o.erirnmJrr�>wWr WluJn�,yr�t-'�DSi,+,f7A! s1w,u' %1NmI4iMiVWIJ 'eS;4W;9�',��L`9���d��, �'koN� " imrbPoMN!� Prlm4N,+NbM�>l /i 00 i dv 606 if W; !�laMrio �oeYaWiivyoNwmio��roaurD iuio�roK�wr�+ruu � tiuipJ r ���..a r� Parcel at MTH J` err, zs7 , r 151,006 sq.ft. �I f NN�s 669 � � i �� ,...sri � mKd,'�ydGPo -r r+WfNM�mG �;rNiJNN( � � fuVN�� dfi3 v� a '�! OtIXi�, „MiNi;tfr u^iNMrtl� luWJ'ti �; I�g["r!SoY;K"e f9VI;���Ny1EWIPUIi�kVDrN�UiWNW!��"',,,, r6vMN>I,J1hNv1Yn,1H� �„ �.,F � N i�W f✓ �"�f,"'� Marathon Airport July2019 J�mmrnnmmrm«< �� ........................ .... ..�. ... I .... .... .... ..ri r ...ate 2543 dq dq LO N rh r� r�h,r � r ✓ ���. �� 2 All, 1`�Il r�ur.� �I rillp�II,III����II rr "1 AMrj/ ,, rlr 1 ' 1 J fir i D�� I/, Ytl !III i IMF LLI s jj IN err%iiiii J� i i r 1 , f Y, i' 225 IlT] Azinci IlIfvd 611, If � Ioca If:'atoin, II: CERTIFICATE OF INSURANCE This is to Certify to: Monroe County BOCC Monroe County Risk Management 1111 12th Street, Suite 408 Key West, FL 33040 Named Insured: REW Investments, Inc., American Jet International Corporation, Houston Aviation Partners, LLC dba Million Air Houston, Roger Woolsey, individually, Million Air Interlink, Inc.,American Jet International Corporation dba Million Air Charter, Gulfport Aviation Partners, LLC dba Million Air Gulfport Biloxi, Tallahassee Aviation Partners, LLC dba , , '° -�� Million Air Tallahassee, Indianapolis Aviation Partners, LLC 11 13.23 dba Million Air Indianapolis, White Plains Aviation Partners LLC DBA Million Air White Plains, Million Air One, LLC, Tailwinds, LLC and Tailwinds II, LLC, Airjet Austin, LLC, Austin FBO, LLC, Sita Partners, LLC-Monica Byram, Marathon Aviation Associates, LLC, Jacksonville Jetport, LLC and Cecil Field Aviation Partners, LLC, PGA Aviation Partners, LLC, Bozeman Aviation Partners, LLC DBA Million Air Bozeman 7555 Ipswich Road Houston, TX 77061 as of this date, has arranged for the following insurance coverage(s) for the period and with underwriters as identified on the attached Security Sheet. RE: Lease agreement between Monroe County, Graintair Service, Inc. and Marathon Aviation Associates, LLC Description of Coverage: Aviation General Liability Coverage Limits of Liability: Combined Single Limit of$5,000,000 each occurrence including but not limited to: Bodily Injury, Property Damage to Third Parties, Premises Liability, Contractual Liability, Personal Injury Liability, Ground Hangarkeepers, In- Flight Hangarkeepers and Products and Completed Operations Liability. Personal Injury and Products and Completed Operations subject to aggregate limit. *REFER TO THE POLICY. SUBJECT TO VARIOUS DEDUCTIBLES AND AN ANNUAL AGGREGATE LIMIT AND/OR SUB-LIMIT MAY APPLY TO SOME COVERAGES. Other Coverages/Conditions/Remarks: Subject always to the scope of the attached policies and all the policies' declarations, insuring agreements, terms, conditions, limitations, exclusions, deductibles, warranties and endorsements thereof remaining paramount: Solely as respects: (i) The Coverage(s) noted above; (ii) the Contract(s) (and then only to the extent of the Named Insured's obligation to provide insurance under the terms of the Contract(s)); and (iii) the operations of the Named Insured; the policies are endorsed to include the following provisions(s): Certificate Reference: Cert No. 53 Edgewood Partners Insurance Center CA License I OB29370 2545 � 225 IIV.II biz nei IIuV 6 11 II � The Certificate Holder is included as an Additional Insured with respect to the operations of the Named Insured under the terms of the Agreement. However, no party shall be included as an Additional Insured as respects its legal liability as manufacturer, repairer, supplier or servicing agent of the equipment or any part thereof. This certificate or verification of insurance is not an insurance policy and does not amend, extend or alter the coverage afforded by the policies listed herein, unless other noted above. Notwithstanding any requirement, term or condition of any contract or other document with respects to which this certificate or verification of insurance may be issued or may pertain, the insurance afforded by the policies subscribed herein is subject to all terms, exclusions and conditions of such policies. Each of the above insurers, individually for its policy only, has authorized the undersigned to issue this certificate of insurance on its behalf as a matter of convenience. The undersigned is not an insurer and has no liability as an Insurer as a result of issuing this Certificate or under the above policies. This certificate does not alter, extend or amend any policy terms, conditions, limitations, deductibles, warranties or exclusions, nor does it confer any rights to the Certificate Holder. If Certificates of Insurance have been issued prior to the Date of Issue of this Certificate, this Certificate cancels and supersedes such Certificate. a 10/27/2023 EPIC Insurance Brokers & Consultants Date Authorized Representative Certificate Reference: Cert No. 53 Edgewood Partners Insurance Center CA License I OB29370 2546 1�N ig [gulm 225 T z I I e I. 3q v d p S uI t e 675 ',Iota '�5,ton I„ SECURITY SHEET POLICY TERM: November 1, 2023 to November 1, 2024, on both dates at 12:01 A.M. Local Standard Time at the address of the Named Insured. INSURER/ADDRESS POLICY NUMBER USAIG ALO-36017 c/o United States Aircraft Insurance Group Commerce and Industry Insurance Company AP 001853617-20 c/o AIG Aviation, Inc. Endurance Risk Solutions Assurance Co. NQF6057376 c/o W. Brown &Associates Ins. Services Starr Indemnity & Liability Company 1000238052-06 c/o Starr Aviation Agency, Inc. Continental Insurance Company BAVQFGNTX011300_130489_02 c/o Applied Underwriters Aviation Air Centurion Insurance Services, Inc. SP-00482-03 SEVERAL LIABILITY NOTICE The subscribing insurers' obligations under contracts of insurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing insurers are not responsible for the subscription of any co-subscribing insurer who for any reason does not satisfy all or part of its obligations. LSW 1001 (Insurance) Security Sheet Edgewood Partners Insurance Center CA License I OB29370 2547 DATE(MM/DD/YYYY) A�" CERTIFICATE OF LIABILITY INSURANCE 11/1/2023 THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT NAME: Certificate Unit Edgewood Partners Insurance Center PHONE FAX One State Street Plaza, 9th Floor A/C No Ext: 404-781-1700 A/C,No): E-MNew York NY 10004 ADDRESS: certificate@epicbrokers.com INSURER(S)AFFORDING COVERAGE NAIC# License#:OB29370 INSURERA: New Hampshire Insurance Company 23841 INSURED REWINVE-04 INSURERB: Starr Specialty Insurance Company 16109 REW Investments, Inc 7555 Ipswich Rd INSURERC: Houston TX 77061 INSURERD: INSURER E INSURER F: COVERAGES CERTIFICATE NUMBER:1389386340 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR TYPE OF INSURANCE ADDL SUBR POLICY EFF POLICY EXP LIMITS LTR INSD WVD POLICY NUMBER MM/DD MM/DD COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE $ CLAIMS-MADE OCCUR DAMAGE TO RENTED PREMISES Ea occurrence $ MED EXP(Any one person) $ PERSONAL&ADV INJURY $ GEN'L AGGREGATE LIMIT APPLIES PER: GENERALAGGREGATE $ POLICY❑ PRO- ❑ JECT LOC PRODUCTS-COMP/OP AGG $ OTHER: $ A AUTOMOBILE LIABILITY 01CA01904655812 11/1/2023 11/1/2024 COMBINED SINGLE LIMIT $1,000,000 Ea accident X ANY AUTO BODILY INJURY(Per person) $ OWNED SCHEDULED BODILY INJURY(Per accident) $ AUTOS ONLY AUTOS X HIRED X NON-OWNED PROPERTY DAMAGE $ AUTOS ONLY AUTOS ONLY Per accident UMBRELLALIAB OCCUR EACH OCCURRENCE $ EXCESS LAB CLAIMS-MADE AGGREGATE $ DED RETENTION$ $ B WORKERS COMPENSATION 1000003895 11/1/2023 11/1/2024 X PER OTH- AND EMPLOYERS'LIABILITY Y/N STATUTE ER ANYPROPRIETOR/PARTNER/EXECUTIVE E.L.EACH ACCIDENT $1,000,000 OFFICE R/M EMBER EXCLUDED? FN] N/A (Mandatory in NH) E.L.DISEASE-EA EMPLOYEE $1,000,000 If yes,describe under DESCRIPTION OF OPERATIONS below E.L.DISEASE-POLICY LIMIT $1,000,000 DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES (ACORD 101,Additional Remarks Schedule,maybe attached if more space is required) Marathon Aviation Associates, LLC.is a named insured. Monroe County BOCC,to the extent required by written contract,are additional insured with respect to Auto Liability. 15311, N 11 13 23 CERTIFICATE HOLDER CANCELLATION W Kt' SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN Monroe County BOCC ACCORDANCE WITH THE POLICY PROVISIONS. Monroe County Risk Management 1111 12th Street, Suite 408 AUTHORIZED REPRESENTATIVE Key West FL 33040 @ 1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25(2016103) The ACORD name and logo are registered marks of ACORD 2548 711/1/2023 E(MM/DD/YYYY) A�" CERTIFICATE OF LIABILITY INSURANCE THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER,AND THE CERTIFICATE HOLDER. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s). PRODUCER CONTACT NAME: Certificate Unit Edgewood Partners Insurance Center PHONE FAX One State Street Plaza, 9th Floor A/C No Ext: 404-781-1700 A/C,No): E-MNew York NY 10004 ADDRESS: certificate@epicbrokers.com INSURER(S)AFFORDING COVERAGE NAIC# License#:OB29370 INSURERA:Allied World Insurance Company 22730 INSURED REWINVE-04 INSURER B: REW Investments, Inc 7555 Ipswich Rd INSURERC: Houston TX 77061 INSURERD: INSURER E: INSURER F: COVERAGES CERTIFICATE NUMBER:50278372 REVISION NUMBER: THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES.LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. INSR TYPE OF INSURANCE ADDL SUBR POLICY EFF POLICY EXP LIMITS LTR INSD WVD POLICY NUMBER MM/DD MM/DD COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE $ CLAIMS-MADE OCCUR DAMAGE TO RENTED PREMISES Ea occurrence $ MED EXP(Any one person) $ PERSONAL&ADV INJURY $ GEN'L AGGREGATE LIMIT APPLIES PER: GENERALAGGREGATE $ POLICY❑ PRO- ❑ JECT LOC PRODUCTS-COMP/OP AGG $ OTHER: $ C AUTOMOBILE LIABILITY , OMBINED SINGLE LIMIT $ 164 Ea accident ANY AUTO BODILY INJURY(Per person) $ OWNED SCHEDULED AUTOS ONLY AUTOS BODILY INJURY(Per accident) $ HIRED NON-OWNED '" "' PROPERTY DAMAGE— AUTOS ONLY AUTOS ONLY 11 $ .13.23 Per accident , .,., $ UMBRELLALIAB OCCUR _ -" '"" EACH OCCURRENCE $ -7 wAmp, EXCESS LAB CLAIMS-MADE AGGREGATE $ DED RETENTION$ $ WORKERS COMPENSATION PER OTH- AND EMPLOYERS'LIABILITY Y/N STATUTE ER ANYPROPRIETOR/PARTNER/EXECUTIVE E.L.EACH ACCIDENT $ OFFICE R/M EMBER EXCLUDED? ❑ N/A (Mandatory in NH) E.L.DISEASE-EA EMPLOYEE $ If yes,describe under DESCRIPTION OF OPERATIONS below E.L.DISEASE-POLICY LIMIT $ A Pollution Liability 03125337 11/1/2023 11/1/2026 Each Incident $10,000,000 Policy Aggregate $10,000,000 Deductible $50,000 DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES (ACORD 101,Additional Remarks Schedule,maybe attached if more space is required) Marathon Aviation Associates, LLC.is a named insured. Monroe County BOCC,to the extent required by written contract,are additional insured with respect to Pollution Liability. CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN Monroe County BOCC ACCORDANCE WITH THE POLICY PROVISIONS. Monroe County Risk Management 1111 12th Street, Suite 408 AUTHORIZED REPRESENTATIVE Key West FL 33040 @ 1988-2015 ACORD CORPORATION. All rights reserved. ACORD 25(2016103) The ACORD name and logo are registered marks of ACORD 2549