SECOND AMENDMENT TO LEASE AGREEMENT RE HANGERS AND RENT AND FEES
SECOND AMENDMENT TO LEASE AGREEMENT
TInS SECOND AMENDMENT TO LICENSE AGREEMENT is made and entered into this
;;;tO~day of ~ ,2001, by and between the CITY OF CLEARWATER, FLORIDA, a
municipal corporatio , hereinafter referred to as "Licensor" and CLEARWATER AIRPARK, INC.,
hereinafter referred to as "Licensee":
WHEREAS, Lessor and Lessee agree to this Second Amendment to Lease Agreement pursuant to
the terms described herein.
NOW lHEREFORE, and in consideration of the promises and the mutual covenants herein
contained, the parties hereto agree as follows:
1. Article II.B. of the Lease Agreement shall be amended as follows:
Five (5) covered "T": hangar buildings, four (4) multiple bay shade hangars, all hard stand
and sod aircraft tie-down parking spaces; a 2214 square feet (MOL) operations building; one
maintenance hangar of 8,487 feet (MOL); two (2) twelve thousand (12,000) gallon
underground fuel tanks and pumps; and facilities related to or dependent upon the described
unprovements.
2. Article VA. of the Lease Agreement shall be added as follows:
Rent and Fees - "In consideration of the rights and privileges granted by this Agreement,
Lessee agrees to pay Lessor during the term of this agreement rent of Thirteen Thousand
Fifty Dollars ($13,050.00) per month, for Airpark and hangar rental plus six cents ($.06) per
gallon for all fuel dispensed at the Airpark. Lessee agrees to pay Lessor sales tax on all Rent
and Fee payments. The new rental rate is to take effect on the 10th of the month, 2 months
after the certificate of occupancy is issued."
3. All of the terms and conditions of the License Agreement are incorporated herein by
reference and shall continue in full force and effect throughout the remaining term of this
License Agreement.
IN. WfINESS WHEREOF, the parties hereto have set their hands and seals the day and year above
wntten.
By:
e CLEARWATER, FLORIDA
.~.~-:rr:
illiam B. Home, II
Interim City Manager
Q~
Assistant City Attorney
- [.
E. Goudeau
rk
CL
By:
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