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Resolution 276-1987 Art Skelly Director of Airports RESOLUTION NO. 276 -1987 A RESOLUTION OF THE BOARD OF COUNTY COMMIS- SIONERS OF MONROE COUNTY, FLORIDA, AUTHORIZING THE CHAIRMAN OF THE BOARD TO EXECUTE AN ADDENDUM TO LEASE BY AND BETWEEN THE COUNTY OF MONROE AND DONALD J. VECCHIE, CONCERNING A HANGAR AT THE KEY WEST INTERNATIONAL AIRPORT. BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, as follows: That said Board hereby authorizes the Chairman of the Board to execute an Addendum to Lease by and between the County of Monroe and Donald J. Vecchie, a copy of same being attached hereto, concerning a hangar at the Key West International Airport. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the ~ day of \.)" 1'1 ,A.D. 1987. BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA airman ,j~~ ;// . ( Seal) Attest :DANNX L. KOLHAGE, Clerk ~..L~,~t. ADDENDUM TO LEASE This addendum, entered into this day of 1987, adds Paragraphs 8 and 9 to that certain Lease entered into on the 19th day of October, 1984, by and between the COUNTY OF MONROE, a political subdivision of the State of Florida, hereinafter referred to as Lessor, and DONALD J. VECCHIE, hereinafter referred to as the Lessees. Said Paragraphs 8 and 9 are an addendum to said Lease and shall read as follows: 8. - "EXTENSION OF LEASE" Said Lease between Lessor and Lessee shall be extended for an additional Five-year period. The additional Five-year exten- sion is to commence on October 19, 1989. 9. - "OPTIONS FOR EXTENSION OF LEASE" Lessee shall have the option to renew said Lease after the first Five-year extension, which terminates on October 18, 1994, for two additional five (5) year periods. The base rental fee will be adjusted annually in accordance with the official U.S. Government Consumer Price Index (CPI) and applied annually on the anniversary date of this lease. Increases in the Lease during the first Five-year option period shall be extended into succeeding option periods. All other provisions of said agreement are to remain in full force and effect. Any provisions in the original lease that are in conflict with this addendum are hereby rescinded. IN WITNESS WHEREOF, the Parties hereto have caused this Addendum to Lease to be executed as of the day and year first above written. BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA BY: Mayor/Chairman (SEAL) Attest: Clerk ?r'~", "",'-,'.", 8'~~(beiCr( ., '\ -', (/~