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HomeMy WebLinkAboutA&B Leasing 11132000 Airport T~ AM~MENT, mdc ~d entered hto ~s [~ day of Novemb~, 2000, by ~d b~eea ~e CITY OF SEB~T~, a mu~cip~ co~oration e~g unfler the laws of~e State ofFlofifl~ ~er6m~er relied m ~ the "L~dlord"), ~fl A ~ B ~a~mg Ent,, ~c., a ~ofi~ co~omfio~ (here~er refe~ed to ~ ~e "Tenor'), ~ends ~t c~ lease be~een the p~es dated Octobe~ 31, 2000 ~at superseded the 1996 lease be~e~'Lmdlord ~d Golden Horn A~atio~ ~c,, (hero.er e~ed ~e "Le~e") ~d ~o~des as fo~ows: WlT~ESSET~: ~, ~e L~ord is the o~er of ce~ prope~ located ~ ~e Co~V of~ ~v~ Co.V, Flofi~; ~d ~, ~e ee~ prope~ is berg used for the op~ation of ~e Seba~ Mu~cipM ~om ~er~m~er refe~ed to as the "~om"); ~d ~, ~e c~ prope~ held und~ a le~ehold by T~t pursuit to ~e ~ems of ~e Lea~ fo~ use for ~ose aeti~ties consist~t ~th or ~ suppo~ of a~afion acfi~; md ~AS, ~e pmi~ a~ee to remove a po~on of the access easemen~ ~om ~e Le~ed Pre~ses, relic the remder of s~d l~d ~om the ~cmbr~ce of ~e msement, ~d adjust the rent~ mourn accor~n~y; ~d ~, the p~es deske to mend ~e lease to r~ect ~ese ch~ges; NOW, ~~, ~ comiderafion of ~e mum~ benefits of ~e tongued leasehold relafions~p ~d as herein~er pro~ded, the receipt ~d suffi~cy of w~ch ~e hereby ac~owledged, the p~es have a~eed as follows: 1. That the Leased Pre~ses as s~ fo~ ~ p~a~aph 2 ~d E~bk "A" of ~e L~se is hereby mended to exclude the foHo~g described prope~ ther~om: Co~en~g at the Po~t of Bering for the Access Easement as described ~ E~bit "A" of~e Lease; thence No~ 89° 50' 46" East 425 feet to a po~t w~ch Hes 75 fe~ we~ of the center~e of ~ e~g ~o~ t~way; th~ce No~h 0° 9' 14" West 35 feet p~lel to the center~e of said t~way; ~ence South 89° 50' 46" We~ 425 f~t; th~ce Sou~ 0° 9' 14" E~t 35 fe~ to ~e Po~t of Be~g. ORIGINAL 2. That the remainder of the Leased Prem/ses is hereby released from the encumbrance of the Access Easement as set forth in paragraph 2 and Exhibit "A" of the Lease. 3. That the rental amount set forth in paragraph 4 of the Lease, which has heretofore been charged upon 174,240 square feet, shall reduced by the 14,875 square feet described in paragraph 2 hereof; and henceforth rent under the Lease shall only be charged upon the area of 159,365 square feet. 4. The remaining terms of the Lease shall continue in effect. IN WITNESS WItEREOF, the parties hereto have set their hands and seals the day and year first above written. ATTEST: Sally ~~'o, C~MC City Clerk CiTY O!i SEBAS%'I~ / y Manager Approved a,q to Form mad Legality for Reliance by the City of Sebastian only: A & B LEASING El,IT., INC. By: Bonnie Swin~-----" Its President [Corporate Seal]