Okaloosa County BOCC — July 2, 2013 — Assignment of Lease for Storage Space - Rankin — reading text

ASSIGNMENT OF LEASE This ASSIGNMENT OF LEASE FOR STORAGE SPACE, fully executed this day of © , 2013, by and between MARK M. RANKIN, (hereinafter referred to as the “FIRST PARTY”) and EMERALD COAST AERO, LLC., (hereinafter referred to as the “SECOND PARTY” or “LESSEE”). WITNESSETH: WHEREAS, the FIRST PARTY entered into a lease for storage space consisting of TWO HUNDRED THIRTY ONE (231) square feet at the Destin/Ft. Walton Beach Airport, original Lease dated April 26, 2010 with a current expiration date of January 14, 2022, WHEREAS, the SECOND PARTY, by execution of this ASSIGNMENT OF LEASE, and in consideration of approval by Okaloosa County of the same does hereby assume all responsibilities, duties, obligations, rights, and privileges as set forth in the original lease except as hereinafter stipulated, and does hereby expressly relieve and indemnify the FIRST PARTY against any duty or responsibility for the same. COUNTY hereby lets to SECOND PARTY and SECOND PARTY hereby hires and takes from COUNTY at the Destin/Ft. Walton Beach Airport in the County of Okaloosa, State of Florida (hereinafter referred to as *"AJRPORT”), that certain location designated as storage room adjacent to Block 8 Lot 11 as shown in the attached Exhibit “A”, which is hereby incorporated herein by reference, and COUNTY hereby gives to SECOND PARTY permission to occupy said storage room at the aforesaid location. This Lease for Storage Space (hereinafter called “LEASE”’) is subject to all terms, covenants, conditions, and agreements to be kept, performed, and observed by the SECOND PARTY. SECTION 1: Change Section 4: Rental Fees to read: LESSEE shall pay in advance an annual storage space fee established by an independent appraisal plus applicable sales tax. The fee shall be adjusted every year in accordance with Section 5. The storage space fee and applicable sales tax will be billed annually, in advance, and is payable to the Airports Director, Okaloosa County Airports, 1701 Highway 85 North, Eglin Air Force Base, Florida, 32542-1498. The lease includes TWO HUNDRED THIRTY ONE (231) square feet at TWO DOLLARS AND FIFTY CENTS ($2.50) per square foot per year for a total annual cost of FIVE HUNDRED SEVENTY SEVEN DOLLARS AND FIFTY CENTS ($577.50) plus tax. SECTION 2: Change Section 18: Notices to read: Any and all notices to be given under this LEASE may be served by enclosing the same in a sealed envelope and directed to the other party at its address and deposited in the mail as first class mail with postage therein paid. When so given, such notice shall be effective from the date of mailing. Unless otherwise provided in writing by the parties hereto, the address of the AIRPORT DIRECTOR is as follows: Okaloosa County Airports, 1701 Highway 85 North, Eglin Air Force Base, Florida 32542-1498. The address of the LESSEE is: Emerald Coast Aero, LLC, Michael Nenni, 621 Air Park Road, Defuniak Springs, FL 32435. SECTION 3: ENTIRE ASSIGNMENT OF LEASE This ASSIGNMENT OF LEASE consists of the following: Sections 1 — 3. It constitutes this entire Assignment of Lease of the parties on the subject matter hereof and may not be changed, modified, discharged, or extended except by written instrument duly executed by COUNTY and LESSEE. (The remainder of this page intentionally left blank) IN WITNESS, the parties hereto have executed these presents as of the day and year first above written. ATTESTS: O APA WITNESS WITNESS ATTESTS: OCD WITNESS Cs — WITNESS LL CAL, K MSR ANKIN 7 Ne ST PARTY bt gp A hs COAST AERO, LLC MICHAEL NENNI SECOND PARTY IN WITNESS, the parties hereto have executed these presents as of the day and year first above written. BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA DON R. AMUNDS CHAIRMAN ATTEST: GARY J. STANFORD DEPUTY CLERK OF CIRCUIT COURT OKALOOSA COUNTY, FLORIDA ALA en . oO - SE ACKNOWLEDGMENTS STATE OF FLORIDA COUNTY OF OKALOOSA Before me, the undersigned officer duly authorized to take acknowledgments in the COUNTY and STATE aforesaid, personally appeared MARK M. RANKIN who, under oath, deposes and says that he is authorized to execute contracts and lease agreements and that he executed the foregoing instrument for the uses and purposes contained therein. Sworn and subscribed before me this _/ x day of Be TF , 2013, AD. nung y tel Che En, Sy ete hte, Syste, DQ SSION £790 SL ae, S am FN OS 2 Caan” = = : tke a > Bes oro :_ = NOTARY = 5, tee 200197 i9= , * oP Toe Beg. alle, Bonito ® goer oF ca yo of Public uate ‘% Ke f ; Otic SES My Commission expires: 6 J; 26 I b Ree e hy STATE OF FLORIDA - COUNTY OF gbeefoore- Before me, the undersigned officer duly authorized to take acknowledgments in the COUNTY and STATE aforesaid, personally appeared MICHAEL NENNI who, under oath, deposes and says that he is authorized to execute contracts and lease agreements and that he executed the foregoing instrument for the uses and purposes contained therein. Sworn and subscribed before me this / & day of ss ( “9 , 2013, AD. — 7 a ae ah iby, ty, NO TARY SpE CHE, Ss ASSO 804 Si § oS Se? 2s Loo. . 4 2. cf, b BS s oe My Commission expires: ‘ PY ee KE % geezoei7 = ‘SF "6b, Bondod i ae Oe ys “ey Piet! gis 6 oF Me ! MeL 'S st me a ) & DATE (MM/DDIVYYY) ACTORD CERTIFICATE OF AIRCRAFT INSURANCE on0t8 THIS CERTIFICATE IS [ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER, THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER. IMPORTANT: {f the certificate holder Is an ADDITIONAL INSURED, the policy(ios) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder tn lieu of such endorsement(s). cans — NAMES Southwest Aviation (Scottsdale) Southwest Municipal Airport. Group Lif, Eat 480.483.7844 [FAX wo: 480.483.8299 14415 N. 73rd Street, Suite 115 .AbbRESs: _DaveM@southwestaviation.com Scottsdale, AZ 85260 | CUSTOMER ID #: 36278 www.southwestaviation.com INSURER(S) AFFORDING COVERAGE % NAIC # INSURED INSURER A: StarNet Insurance Company 100| 40045 Emerald Coast Aero, LLC INSURER B: 621 Air Park Road DeFuniak Springs FL 32435 INSURER Ct INSURER D:;: INSURER E: INSURER F : THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED, NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. POLICY INFORMATION CERTIFICATE NUMBER: 16989785 REVISION NUMBER: POLICY TYPE LINE OF BUSINESS SUBCODE INDUSTRIAL AID PLEASURE & BUS | | COMMERCIAL AIRPLANE HELICOPTER MIXED FLEET excess | | QUOTASHARE non-owned | /| SEE BELOW LIABILITY ONLY «| / | HULL & LIABILITY HULL ONLY AIRCRAFT INFORMATION YEAR | MAKE MODEL SERIAL NUMBER REGISTRATION NUMBER SEE ATTACHED TERRITORY: United States of America, Canada, Bahama Islands, Caribbean Islands or Mexico AIRCRAFT COVERAGES INSURER LETTER | POLICY NUMBER EFFECTIVE DATE | EXPIRATION DATE | ADDITIONAL INSURED? (Y/N) | SUBROGATION WAIVED? {Y/N} BA-12-09-00139 9/26/2012 9/26/2013 Y N COVERAGE . OPTIONS LIMIT APPLIES TO =} LIMIT APPLIES TO AIRCRAFT HULL ma -— : 200,000 $ AIRCRAFT LIABILITY za - $ 1,000,000 ; FAOCC $ EAPER $ 100,000 | EA PASS $ AGGR MEDICAL PAYMENTS Lv] INCLUDING CREW $ 5,000 | EAPER EXCLUDING CREW ' COVERAGE GODE OESCRIPTION OPTIONS LIMIT APPLIESTO | LIMIT APPLIES TO |__| | | $ 500 | NIM $ $ 10,000 | iM $ _ = $ $ $ 3 | | |_| $ $ $ $ GESCRIPTION OF OPERATIONS / REMARKS (Attach ACORD 101, Additional Remarks Schedule, if more space Is required) *Instruction & Rental, Part 91 Sightseeing, Aerial Photography --See Attached Remarks Schedute—- CANCELLATION SHOULD ANY OF THE ASOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN Okaloosa County Airports ACCORDANCE WITH THE POLICY PROVISIONS. 602-C N. Pearl Street Crestview FL 32536 AUTHORIZED REPRESENTATIVE © 2009 ACORD CORPORATION. All rights reserved. ACORD 21 (2009/12) The ACORD name and logo are registered marks of ACORD CERT NO.: 16999785 CLIENT CODE: 36275 Lealie Riskin 7/12/2013 12:24:10 PM Page 1 of 3 CERTIFICATE HOLDER Peter Bames CERTIFICATE OF INSURANCE DATE ISSUED ADDENDUM (Schedule of Aircraft) 7/12/2013 CERTIFICATE HOLDER: Okaloosa County Airperts 602-C N. Peari Street Crestview FL 32536 NAMED INSURED: Emerald Coast Aero, LLC 621 Air Park Road DeFuniak Springs FL 32435 This is to certify that the following policy(s), subject to the terms, conditions, limitations and endorsements contained therein, and during their effective period, have been issued by the company(s) indicated below. In the event of material change or cancellation of said poticy(s), the company will endeavor to notify the certificate holder, but fallure to do so shall Impose no liability or obligation of any kind upon the undersigned or the company(s) involved. NNumber Year Make Model Serial No. Crew Pax Hull Value Liability Limit N501MN 2006 Robinson R-44 Il 1 3 $200,000.00 $1Mi/ $100,000 Southwest Aviation Insurance Group Scottsdale Municipal Airport 14415 N. 73rd Street, Suite 115 480.483.7844 Scottsdale, AZ 85260 480.483.8299 AVIATION ADDENDUM (Schedule of Aircraft) CERT NO.; 16989785 CLIENT CODE: 36278 Leslie Riskin 7/12/2013 12:24:10 PM Page 2 of 3 9 ACORD Nee AGENCY CUSTOMER ID: 36278 ADDITIONAL REMARKS SCHEDULE LOC #: Page of | AGENCY Barkley Aviation (A Berkley Company) POLUCY NUMBER CARRIER NAIC CODE NAMED INSURED Emerald Coast Aero, LLC 621 Air Park Road DeFuniak Springs FL 32435 EFFECTIVE DATE: ADDITIONAL REMARKS THIS ADDITIONAL REMARKS FORM IS A SCHEDULE TO ACORD FORM, FORM NUMBER: 21 FORM TITLE: ACORD 21 ((12/09)) CERTIFICATE HOLDER: Okaloosa County Airports ADDRESS: 602-C N. Pead Street Crestview FL 32536 Additional Insured Provision: The Company's rights of recourse: Notwithstanding any requirements, with respect to which the Certificate may be. issued or may pertain, by the policy(ies) described herein is subject to all the terms, conditions, limits and exclusions of such policy. It is agreed that the Certificate Holder is included as an Additional Insured under Aircraft Liability Coverages, but only with respects to the operations of the Named Insured. This Certificate does not provide coverage for the Additional Insured with respect to claims arising out of their legal liability as manufacturers, repairers, modification, suppliers or servicing agents and shall not operate to prejudice the Company's rights of recourse against the Additional Insured as manufactures, repairers, modification, suppliers or servicing agents where such rights of recourse would have existed had this Certificate not been affected under this policy. Notice of Cancellation Provision: 30 day's (10 day's for non-payment of premium) prior written notice to the Certificate Holder in the event of material change in the policy or in the event the policy is cancelled by the Company. terms or conditions of any contract or other document the Insurance afforded The Company has made the provision to give the Certificate Holder prompt notice of cancellation of any policy above. But, the Company assumes no responsibility for failure to provide such notice. This Certificate does not change in any way the actual coverages provided by the policy(ies) specified above. ACORD 101 (2008/01) CERT NO.: 16989785 CLIENT CODE: 36278 The ACORD name and