Resolution 045-1981
RESOLUTION NO. 45- 1981
RESOLUTION AUTHORIZING THE CHAIRMAN OF THE BOARD OF
COUNTY CO~WISSIONERS OF MONROE COUNTY, FLORIDA, TO
EXECUTE A MODIFICATION AGREEMENT BY AND BETWEEN
ISLAND CITY FLYING SERVICE, INC. AND THE COUNTY OF
MONROE, STATE OF FLORIDA, CONCERNING PROPERTY LO-
CATED AT MARATHON AIRPORT, MARATHON, MONROE COUNTY,
FLORIDA.
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA, as follows:
That the Chairman of the Board of County Commissioners of
Monroe County is hereby authorized to execute a Modification Agree-
ment by and between Island City Flying Service, Inc. and the County
of Monroe, State of Florida, a copy of same being attached hereto
and made a part hereof, concerning property located at Marathon
Airport, Marathon, Monroe County, Florida.
Passed and adopted by the Board of County Commissioners of
Monroe County, Florida, at a regular meeting of said Board held
on the 24th day of February, A. D. 1981.
(Seal)
BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNT~FLORIDA /
Mayo
Attest:
/
APPROVED AS to FORM
ANIJ USA/. $UFF/CtENCY.
IW - lit
-....".om.
MODIFICATION AGREEMENT
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WHEREAS,.I6Iand City Flying Service, Inc. has sold the Marathon
operation locpted at the Marathon Airport, Monroe County, florida, to
."
Marathon Air Services, Inc., and
WHERE1\S, Islan.d City Flying Service, Inc. IS required to release
any of its ILght, title and interest in and to any property located
at the Mara:~on Airport, Moroe County, Florida, and
..
WHEREAS-, tIre lease previously entered into between Island City
Flying Service~. Inc. and the County of Monroe, State of Florida
;,
provided for leasing of facilities at both Marathon Airport and Key
West IDternational Airport, and included a lump sum payment for both
t ac i 1 it i e s, and
WHEREAS, Monroe County has now entered into a Lease Agreement
~ith Marathon Air Services, Inc. upon the condition that Island City
'lying Servtce, Inc. releases its interest in the Marathon facility,
NOW, THEREFORE, in consideration of the mutual promises and
. . .
covenants hereiu contained, it is agreed that the Lease Agreement
dated Novemher 29, 1979, between Island City Flying Service, Inc. an~
the County of Monroe, State of Florida, is hereby amended as follows,
1. ~nc partl~s specifically agree that any and all land pre-
.lousl) leased tOo ISland Ci ty Flying Service, Inc. at the Marathon
.Airport and being more particularly described in said lease, shall be
. &
.teleted from said lease and Island City Flying Service, Inc. specifi-
cally releuses any right, title and interest in and to said facility
such that .the parties specifically agree that the only premises now
to be leased by 1s1and City Flying Service, Inc. is located at
Key West Interantional Airport, said premises being more fully de-
~cribed in the lease.
2. That the rent paid for only the Key West International
Airport facilities shall be reduced to $954.00 per month for 1981,
and that paragraph 2. of the said lease is hereby amended accord-
ingly:
Page 1 of 2 Pages
"2. RENTAL.
The Lessee covenants and agrees to pay the Lessor
l~ advance fur' rent of said property during the term of this lease as
follows:
(d)
.
$954~f~ plus tax per month beginning March 1, 1981,
thr~~gh September 30, 1981.
(b)
Each year thcreafter beginning October 1, 1981,
the pental shall be increased 6% per year and
payment s~a1l be made on a monthly basis plus tax.
lC)
For any rencwals, rentals, as set forth in this
Lease Agreement, shall increase at a rate of 6%
per yeart"
"'Tn:at a.ll other terms and conditions of the aforesaid lease
shall remain iri~fu1l force and effect.
IN ,WITNES.S WHEREOF, the parties hereto have caused this tvlodi-
..
iication Agreement to be executed this
24th
day of Fe~rua~~____-_
.. D. 1981.
CO
ST~01J~ RID~ ..
4/6-'"
. ~.
Ch' lrman of the Board of CouIle"
Commissioners cif Monroe County,
Florida
"
By
. ' .
,-Seal)
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1
.\.ttcst:
~~~C;;~~
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~
ISLAND CITY FLYING SERVICE, INC.
By t1L/~~
President
(Corporate Seal)
AL:tcst:
t!L -r DALAL!-
Secretary
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APPROVED AS TO FORM
AND LEGAL SUFFICIENCY.
BY
Aaomr/. ORies
Page 2 of 2 Pages
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