LIMITED WAIVER OF LEASE PROVISION
J
,
LIMITED WAIVER OF LEASE PROVISION
WHEREAS, the City of Clearwater (City) executed a Lease Agreement
with Clearwater Air Park, Inc., on February 24, 1970, which contains a
provision in Paragraph 13 that all buildings temporary or permanent placed
On the property become property of the City; and,
WHEREAS, Mr. F. B. Stencel seeks to place upon the leased premises
a mobile workshtlp to enable him to engage in the hobby of designing, building,
and testing non-cOmmercial aircraft and aircraft accessories; and,
WHEREAS, the purpose of Paragraph 13 of the Lease Agreement is to
create a benefit for the City; and,
WHEREAS, both the City and Mr. Stencel will receive a benefit as a
result of Mr. Stencel's proposed activities; and,
WHEREAS, it would not be practical or for the public benefit to require
Mr. Stencel to forfeit ownership of his mobile workshop;
NOW, THEREFORE, the City hereby agrees to waive the provision of
Paragraph 13 of the Lease Agreement insofar as it purports to require
Mr. Stencel to forfeit to the City any right, title or interest in the mobile
workshop he seeks to place upon the leased premises; provided, however, that
this is a limited waiver which does not in any way affect or modify the provisions
of said lease except as to the limited right of Mr. Stencel to place a mobile
workshop on the premises. The City specifically retains all other rights
under the Lease Agreement, and specifically Paragraph 13 thereof, and its
rights to enforce same.
J-
Dated this 3 day of
~4:~ _
, 1979.
CITY i)CLE?WATER'lLOIU~,A
By u~~-
".. tY--Manager ..~
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City Clerk
Appreved as to form
and corre ess:
Attest:
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