HomeMy WebLinkAbout2025-9th Lease AmendmentNINTH AMENDMENT TO
WHELEN AEROSPACE TECHNOLOGIES
AIRPORT TERMINAL LEASE OF APRIL 2, 2008
THIS NINTH AMENDMENT TO AIRPORT LEASE AGREEMENT of April 2, 2008
(hereinafter "Lease") by and between the CITY OF SEBASTIAN a municipal corporation of the
State of Florida located at 1225 Main Street, Sebastian FL 32958 (hereinafter "Landlord") and
WHELEN AEROSPACE TECHNOLOGIES, located at 402 Airport Drive East, a corporation
of the State of Florida doing business at Sebastian Municipal Airport (hereinafter "Tenant"), is
hereby amended as follows:
WITNESSETH
WHEREAS, Landlord is the owner of certain real property located in Indian River County,
Florida; and
WHEREAS, the certain property is being used for the operation of the Sebastian Municipal
Airport (hereinafter referred to as the "Airport"); and
WHEREAS, the Landlord agreed to lease such property under the terms of the Lease to Tenant;
and
WHEREAS, the Landlord wishes to modify sections of the Lease as outlined herein; and
WHEREAS, the Landlord and Tenant are mutually agreeable to said modifications.
NOW, THEREFORE, in consideration of the mutual covenants hereinafter provided, the receipt
and sufficiency of which are hereby acknowledged, the Parties have agreed as follows:
A. AMENDMENT ONE: Section 2 of the Lease is hereby amended to read as follows:
2. LEASED PREMISES
The Leased Premises shall not include the following offices as identified in Amendment
#5 of the Master Lease, Schedule "C", and are hereby excluded:
• A single office on the east side of the lobby (shown as "Central Mail Room;
Copy/Fax on the blueprints) of approximately 166 SF
• A 15'x 22' open area located in the Emergency Management Conference room
(with a reference #510 shown on the blueprints) of 330 SF
B. AMENDMENT TWO: Section 4 of Amendment #5 of the Lease is hereby amended
to read as follows:
Page 1 of 3
4. RENT
The existing rent for Schedule "C" of $1,372.92 will be reduced by the removal of 496 SF
of space, at the current rate of $12.20 SF/year, for a total monthly reduction of $504.27
from the Schedule "C" portion of the invoiced rent.
The corresponding cost share of utilities will also be reduced from 56% to 49%
C. BINDING TERMS:
Except as hereby amended, the Original Lease and all prior amendments of equal dignity
herewith shall remain in full effect and binding on the CITY and WHELEN. All other
provisions, terms, conditions, covenants and restrictions of the original lease, dated April
2, 2008, and its eight amendments, not in conflict with this amendment shall remain in full
force and effect.
IN WITNESS WHEREOF, the Parties hereto have set their hands and seal on the dates below.
SE�BASJC��1[A� -t A
CITY F
Bob lat n Mayor
Date: 6 /25 /2n25
ATTEST:
,l anette Williams, City
Approved as to form & legality:
LLJ+
en fer Cocroft, Esq., BCS*
ity Attorney
*Board Certified Specialist,
City Council Local Government Law
Page 2 of 3
WHELEN AEROSPACE
TECHNOLOGIES
Tyl Wheeler, CEO
Date: r,,, -- �' - Z
STATE OF, &f\(>c--v,4
COUNTY OF MTIat'-,
SWORN AND SUBSCRIBED before me in person or via electronic means ;this
h
day of gf\e_ , 2025 by: TYLER WHEELS AS THE CEO OF WHELEN
AEROSPACE TECHNOLOGIES who produced as identification or is
personally known to me and who did ,/or did no take an oath.
NOTARY PU . IC,
STATE OF 4-UMDA e0n/v ; v�
My Commission expires on:
ANDREA J. DEJESUS
NO ARY PETWC
My Commission Expires Apr. 30, 2028
Page 3 of 3