Loading...
FOURTH AMENDMENT TO LEASE AGREEMENT RE TIE-DOWN HANGAR LEASE FOR AIRPARK TENANTS FOURTH AMENDMENT TO LEASE AGREEMENT THIS FOURTH AMENDMENT TO LEASE AGREEMENT is made and entered into this ~ /3 day of , 2004, by and between the CITI OF CLEARWATER, FLORIDA, a municipal corporatio , hereinafter referred to as "Lessor" and CLEARWATER AIRPARK, INC., hereinafter referred to as "Lessee": WHEREAS, Lessor and Lessee agree to this Fourth Amendment to Lease Agreement to amendment Exhibit "B", the Tie-Down/Hangar Lease for airpark tenants, NOW THEREFORE, and in consideration of the promises and the mutual covenants herein contained, the parties hereto agree to add the following to Exhibit "B": 22. A copy of the performance section of the pilot's operating handbook for the aircraft listed on this rental agreement is required prior to placing the aircraft in the airpark. 23. Failure to abide by performance specifications of the pilot's operating handbook is reason for immediate termination of this rental agreement. IN WITNESS WHEREOF, the parties hereto have set their hands and seals the day and year above written. c~> 11#.t/ ;:; ~an J. Aungst Mayor-Commissioner --n:: OF CLEARWATER, FLORIDA By: William B. Horne, II City Manager Cyn a E. Goudeau City Clerk By: FOURTH AMENDMENT TO AIRPARK LEASE AGREE1fENT 1 ." "'- ';' ~ '. f'..1 f2..1 R.e '. 11."3 EXHIBIT "B" CLEARWA1ER AIRPARK TIE-DOWN/HANGAR LEASE That the has this day leased to (Name of Lessee) Space No. Description (i.e. Hangar/Grass Tie Down/Hard Stand) located on the Clearwater Airpark on a month to month term beginning on the 1st day of ,20_, upon the following tennsand conditions: 10 The space is to be used solely for the parking of the Tena.nt's aircraft with the exception that automobile parking in the space is pennitted while the aircraft is being flown. Any other use must be authorized by the City. 2. Aircraft parked in each space must be registered with the Clearwater Airpark. The aircraft to be parked is described as: 3. The Tenant does not have the right to sub-lease a space without Lessor's approval. 4. Airworthy aircraft may not be under repair for more than ninety (90) days. 50 If the Tenant changes the aircraft to be parked in the space, the identifications and N-nurnber of the new aircraft must be reported to the Airport Manager and shown on this rental agreement. 6. Rent in the amount of $ plus applicable sales tax is due on or before the first of each month beginning , 20_, and will be considered delinquent if not paid on or before the 20th of the month. If the tenant has not paid the rent on or before the last day of each month when it becomes due, the Lessor, may terminate the rental agreement. The Lessor reserves the right to adjust the rental amount upon fifteen (15) days written notice to the Tenant. Partial payment of tie-down space rental will not be accepted by the Lessor. 7. The tenant shall make no structural, electrical, or other modification to the premiseso Any modification that is not expressly authorized in writing by the City shall result in the tennination of this agreement and tenant shall be responsible to restore the premises to its original condition and to reimburse the City for any cost, expense or loss of revenue resulting thereof. Rev. 4/1/04 Lease Folder: Airpark Tie-down hangar Lease 1 .. 22. A copy of the performance section of the pilot's operating handbook for the aircraft listed on this rental agreement is required prior to placing the aircraft in the airpark. 23. Failure to abide by performance specifications of the pilot's operating handbook is reason for immediate tennination of this rental agreement. LESSOR: By: Date: 1ENANT: By: Date: Rev. 4/1/04 Lease Folder: Airpark Tie-down hangar Lease 3