Resolution 066-1987
Art Skelly
Director of Airports
RESOLUTION NO. 066 -1987
A RESOLUTION OF THE BOARD OF COUNTY COMMIS-
SIONERS OF MONROE COUNTY, FLORIDA,
AUTHORIZING THE MAYOR AND CHAIRMAN OF THE
BOARD TO EXECUTE AN ADDENDUM TO LEASE BY AND
BETWEEN THE COUNTY OF MONROE AND ISLAND CITY
FLYING SERVICE, INC.
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA, as follows:
That the Mayor and Chairman of the Board of County Commis-
sioners of Monroe County, Florida, is hereby authorized to
execute an Addendum to Lease by and between the County of Monroe
and Is land City Flying Service, Inc., a copy of same being
attached hereto.
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 '- .1nuQ."'~ ' A.D. 1987.
BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA
BY: "'. >II" ~.. ,,-."' . ,_....~...,l......~ ~ .1<..-.,-"" /"'~''-'":''..-,-..,:,.:''' A~~';~~
c:/ ~OR/CHAIRMAN ;),'/
(Seal)
Attest :DArrNY Tj. KOLHAGE, Clerk
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ADDENDUM TO LEASE
THIS addendum, entered into this day of
, 1987, adds Paragraphs NN through PP to that
certain Lease entered into on the 20th day of December, 1985, by
and between the COUNTY OF MONROE, a political subdivision of the
State of Florida, hereinafter referred to as Lessor, and ISLAND
CITY FLYING SERVICE, INC., a corporation organized and existing
under the laws of the State of Florida, hereinafter referred to
as the Company. Said Paragraphs NN through PP are an addendum to
said Lease and shall read as follows:
NN - "EXTENSION OF LEASE"
Said Lease between Lessor and Company shall be extended for
an additional Five-year period. The additional Five-year exten-
sion is to commence on January 1, 1991.
00 - "OPTIONS FOR EXTENSION OF LEASE"
Company shall have an option to renew said Lease after the
first Five-year extension, which terminates on December 31, 1990,
providing that Company makes One Hundred Twenty Thousand
($120,000) Dollars in improvements to said premises during the
firs t option period. Company shall have a right to a second
Five-year option providing that it makes One Hundred Thousand
($100,000) Dollars in capital improvements to said premises
during the second Five-year option period. Increases in the
Lease during the first Five-year option period shall be extended
into the second Five-year option period.
All other provisions of said agreement are to remain in full
force and effect.
PP
Any provisions in the original lease that are in conflict
with this addendum are hereby rescinded.
--~-~_. - ~----_.--- .--~---- ------- - __L_,_______________ -____."_~___ .__ ___._________"___ ___ _._ _____"4_______ ~__._ "__._."____.__ .._ _~____________..___ _ ___._
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
ISLAND CITY FLYING SERVICE, INC.
(SEAL)
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By . PJkt~~~~
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Attest:
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Sec-retary f
APPROVED AS TO FORM ,
AND / Ai S~FFICIEfvC"t
BY '-'- '-<-- (I.;; ~
A om",,'s Of!;ce ' (
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