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HomeMy WebLinkAboutLease Extension for Connection Air, LLCEXTENSION AND AMENDMENT OF LEASE BETWEEN CITY OF SEBASTIAN AND CONNECTION AIR, LLC THIS AMENDMENT AND EXTENSION OF LEASE is made this 9t" day of June 2025, by and between, the City of Sebastian, Florida, a municipal corporation of the State of Florida; (hereinafter referred to as City) and Connection Air, LLC, a Florida Corporation; (hereinafter referred to as Connection Air) and each represents as follows: WITNESSETH WHEREAS, the City and Connection Air previously executed an indenture of Lease dated January 10, 2024, hereinafter referred to as "Original Lease", wherein the City leased unto Connection Air certain real property located at Sebastian Municipal Airport, such real property hereinafter referred to as the "Leased Premises."; and WHEREAS, Connection Air wishes to extend that Original Lease and City wishes to allow for same. NOW THEREFORE, In consideration of Ten Dollars ($10.00) and other good and valuable consideration exchanged and received between the parties, the receipt and sufficiency of which is hereby acknowledged, the undersigned jointly and severally for themselves, successors and assigns, do hereby declare, covenant and agree as follows: 1. Term: The term of the Original Lease for the Leased Premises, dated January 10, 2024, is hereby extended to expire on June 9, 2026. The Tenant shall have the option to extend the lease for an additional one year with prior written approval by the City of Sebastian. Notice of intent to exercise said option by Tenant must be received by Landlord no later than six (6) months prior to the expiration of this lease extension. 2. Conditions: It is understood that all terms, conditions, covenants and restrictions of the original lease, are still in effect and will continue throughout the length of this extension. 3. Rent: The monthly lease payment due under this extension will be in the amount of $250.00 per month, plus sales tax and all additional assessments, taxes and all applicable fees, including those currently in place and any which may be imposed in the future, including but not limited to stormwater fees and the like. All payments are to be made at the office of the Finance Director, City of Sebastian, 1225 Main Street. In the event that any rental payment due hereunder shall not be paid within five days of when due, Connection Air will pay the City a late fee of 5% of the amount due. A separate late fee shall be charged for every month that Lessee's monthly payment is past due. Receipt of late fee is not a waiver of the default, but is additional costs incurred by the Lessor for the Lessee's failure to perform. 4. Attornev Fees, Venue, Jury Trial: Venue of all actions shall lie in Indian River County, Florida. Each party waives the right to a jury trial. Each party agrees that the prevailing party shall be entitled to reimbursement of reasonable attorney fees, including court costs, from the opposing party. For the purpose of this agreement, reasonable Attorney fees of the City Attorney shall be based on the fees regularly charged by a private Attorney with an equivalent number of years of professional experience who practice in Indian River County, Florida. 5. General Provisions: No change or modification of this Agreement shall be valid unless the same is in writing and signed by the parties. This Agreement represents the entire agreement between the parties hereto with respect to the subject matter hereof, and, it shall serve as a mutual agreement in writing by them to terminate any pre-existing agreement entered into by them with respect to the same subject matter, such termination to be effective immediately upon the execution by them of this Agreement. This Agreement may be executed in multiple counterparts, each of which shall be an original, but all of which shall be deemed to constitute an instrument. Whenever the context shall require, all words herein in the masculine gender shall be deemed to include the feminine or neuter gender, all singular words shall include the plural, and all plural words shall include the singular. The parties acknowledge and agree that each party has reviewed this Agreement and that any rule of construction resolving ambiguities against the drafting party shall not be employed in the interpretation of this Agreement or any amendment, exhibit or schedule hereto. Any party may, at its discretion, waive in writing any or all of the conditions herein contained to which its obligations hereunder are subject provided that neither failure nor delay on the part of a party to exercise any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any singular or partial exercise of any right, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power or privilege. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver unless otherwise expressly provided. No course of dealing between the parties shall be effective to change, modify or discharge any provision of this Agreement or to constitute a waiver of any default. If any provision of this Agreement shall be determined by a court of competent jurisdiction to be invalid, illegal or unenforceable, such determination shall not affect or impair the validity, legality, or enforceability of the remaining provisions contained herein. 2 Whenever any notice is required by this Agreement to be made, given or transmitted to the parties, such notice shall be served by Certified or Registered Mail with return receipt requested, addressed to: CITY: SEBASTIAN MUNICIPAL AIRPORT AIRPORT MANAGER 202 AIRPORT DRIVE EAST SEBASTIAN, FL 32958 LESSEE: BRANDON GREGOIRE CONNECTION AIR LLC 202 AIRPORT DRIVE EAST SEBASTIAN, FL 32958 6. Other Provisions: All other provisions of the original lease agreement dated January 10, 2024 not in conflict with amendment shall remain in full force and effect. Except as hereby amended, the Original Lease shall remain in full effect and binding on the City and Connection Air, LLC. Specifically, all other terms and clauses of the existing lease shall remain the same and will continue to be in force as to the Leased Premises, as expanded by this Addendum. 7. The effective date of this Addendum shall be June 9, 2025. IN WITNESS WHEREOF, the parties have executed this agreement at Sebastian, Florida on this Qth day of June, 2025. ATTEST: i Clerk: Jeanette Williams Approved as to form and legality: dC:Attorney CITY OF SEBASTIAN, FLORIDA /�wzw By; Pnh McPaT+1an Mayor, City of Sebastian 3 ATTEST: Witness: �3�.:RnvAt�x.\c�nq -v State of: F/ U r i d ct County of: Znd,o.APtver LESSEE Connection Air, LLC. By: 6r-m-do, (rrt'L)m//e As: CEo Witness: The foregoing instrument was acknowledged before me on this JC' day of / 2025, by as the Ct ci of Connection Air, LLC either in person k/ or via electronic means_. He/She is personally known to me, or has produced his/her drivers license, or his/her F ✓ i v o- L-, c c i ,, c as identification, and did v or did not `take an oath. NOTARY SEAL: oky PUg(i6 s MY coMMISSION EXPIRES 2-28.2027 4 44446�