HomeMy WebLinkAbout2009 AmendmentIll_.701 Va001WAyWG\_11I_DQJI7TA UICY
THIS AMENDMENT of that certain AIRPORT LEASE dated
August 23, 2000 (hereinafter called "Lease"), providing for the use
of land from the Sebastian Municipal Airport in the operation of the
Sebastian Municipal Golf Course, by and between the City of
Sebastian (hereinafter called "City"), a municipal corporation
existing under the laws of the State of Florida, provides as follows:
WITNESSETH:
WHEREAS, the CITY is the owner of certain property located in the County of
Indian River, Florida; and
WHEREAS, the certain property constitutes a portion of the Sebastian Municipal
Airport (hereinafter called "Airport"); and
WHEREAS, the CITY has leased a portion of such property from the Airport
Enterprise Fund, for use of the Sebastian Municipal Golf Course; and
WHEREAS, the CITY has determined that the fair value previously established in
said Lease should be adjusted; and
WHEREAS, the CITY wishes to modify said Lease; and
WHEREAS, the Airport is agreeable to said changes to said Lease; and
WHEREAS, the CITY desires to continue to lease the said property from the Airport,
and to that end and in consideration of the premises, and the covenants, terms and
conditions to be performed as set forth hereinafter,
NOW, THEREFORE, in consideration of the mutual covenants hereinafter
provided, it is decreed as follows:
Section 4. RENT, of the Lease is hereby amended to read as follows:
4. RENT. The parties agree that the rent, payable by the CITY, during the term of
this Lease shall be as follows:
(a) October 1, 2000 through September 30, 2005 $120,000
(b) October I, 2005 through September 30, 2009 $175,000
(c) October 1, 2009 through September 30, 2015 $135,000
The rent for the leased premises shall be payable in advance, in monthly installments,
commencing from the date of commencement of this Lease, as described above and on a like
day of every month thereafter during the term of this Lease. In addition to the rental amount,
the Tenant shall pay all applicable taxes arising from this Lease, if any.
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All remaining terms and conditions of the initial Lease shall remain in full force and effect.
This document contains two (2) pages.
APPROVED by the City Council at its regular meeting on September 23, 2009.
ATTEST:
CITY OF SEBASTIAN
A Municipal Co}porat
7 /-� � `
Sally A. M ' , MMC � inner, City Manager
City Clerk
Approved as to Form and
Legality for Reliance by the City
of Sebastian only:
Robert Ginsburg, City Attorney
FM