Okaloosa County BOCC — July 2, 2013 — AOL Rankin Hangar — reading text

ASSIGNMENT OF LEASE This ASSIGNMENT OF LEASE FOR HANGAR 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 Assignment of Lease Agreement, dated September 18, 2009 for a hangar consisting of ONE THOUSAND TWO HUNDRED FIFTY (1,250) square feet at the Destin/Ft. Walton Beach Airport, original Lease dated February 14, 2002 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 previous assignment of lease and 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 *AIRPORT”), that certain location designated as Block 8 Lot 11 as shown on file in the office of the Airports Director, which is hereby incorporated herein by reference, and COUNTY hereby gives to SECOND PARTY permission to occupy and maintain one (1) of 11 metal “T” hangar unit for the storage of individually-owned/corporate-owned aircraft at the aforesaid location. Additional aircraft may be stored in the hangar with proper notice to the COUNTY provided that proof of required insurance coverage is provided to the COUNTY. This Lease for Hangar 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 6 c: Ground Lease to read: LESSEE shall pay in advance an annual ground lease fee established by an independent appraisal. The fee shall be adjusted every year in accordance with Section 6 d. The ground lease 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 ONE THOUSAND TWO HUNDRED FIFTY (1,250) square feet at TWO DOLLARS AND FIFTY CENTS ($2.50) per square foot per year for a total annual cost of THREE THOUSAND ONE HUNDRED TWENTY FIVE DOLLARS ($3,125.00) 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. RK M. RANKIN FIRST PARTY ATTESTS: WITNESS a VARA) be! AMERALD COAST AEROZELC MICHAEL NENNI SECOND PARTY ATTESTS: WITNESS WITNESS 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 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 } i day of yA F , 2013, AD. f . Nill, - ee, : | 7 SANGO “hy Ly -— 3s, Le 26, ie “Ric %, ee = = Le NOTARY exs oo ee Ze weno Qs Bex ‘ Bona er oF ay TREES Co b/26//6 ‘ag Pi aie mmission expires: : Hyg, SUR ; id ene aN STATE OF FLORIDA COUNTY OF gk fare 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 / x day of fe tL, , 2013, AD. — 7 oy ey, = & Seu , 70" % bn SNM Ue. SE Ae 3 mOS RS 45) Ret * ‘ z a , : oo fz NOTARY yee nooo? =F es "elo Bonded ee “Gs oly Public UNS Se aie BING eA Commission expires: b/ 26 vA / 6 "Hag HEA OATE (MMIDDIYYYY) —\ ¢ ACORD CERTIFICATE OF AIRCRAFT INSURANCE 71210013 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: If the certificate holder is an ADDITIONAL INSURED, the policy(ies} 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 cortificate hofder in lieu of such endorsement(s), P a thwest Aviation | G NAMES” Southwest Aviation (Scottsdale} outMwest Aviation Insurance Group PHONE . FAX Scottsdale Municipal Airport Hepa e at. $80,488. 7Oe — | [ANG, Noy 480.483.8299 14415 N. 73rd Street, Suite 115 LabpRess:__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 erieaegesiag® uh DeFuniak Springs FL 32435 INSURER ©: 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 JS 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 J | KELICOPTER MIXED FLEET EXCESS |_| QUOTA SHARE non-owned §=| / | SEE BELOW WABILITY 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? (¥ {N) | SUBROGATICN WAIVED? (Y IN} BA-12-09-00139 9/26/2012 9/26/2013 Y N COVERAGE OPTIONS Limit APPLIESTO | LIMIT APPLIES TO AIRCRAFT HULL LY ; 200,000 $ AIRCRAFT LIABILITY Lv | | $ 1,000,000 | EAcce $ FAPER $ 100,000 | EA PASS $ AGGR MEDICAL PAYMENTS Lif] INCLUDING CREW $ 5,000 | EAPER EXCLUDING CREW , COVERAGE CODE DESCRIPTION OPTIONS LIMIT APPLIESTO | LIMIT APPLIES TO | |__| $ 500 [NIM $ $ 10,000 |iM $ = | $ $ $ $ | | | $ 3 {$ 3 DESCRIPTION OF OPERATIONS / REMARKS (Attach ACORD 101, Additional Remarks Schedule, lf more space Is required) “Instruction & Rental, Part 91 Sightseeing, Aerial Photography --See Attached Remarks Schedule-- CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTIGE WILL BE DELIVERED IN Okaloosa County Air ports 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.: 16999788 CLIENT CODE: 36278 Leslie Riskin 7/12/2013 12:24:10 PM Page 1 of 3 Peter Barnes DATE ISSUED CERTIFICATE OF INSURANCE 7/1212013 ADDENDUM (Schedule of Aircraft) NAMED INSURED: CERTIFICATE HOLDER: Emerald Coast Aero, LLC Okaloosa County Airports 621 Air Park Road 602-C N. Pearl Street Crestview FL. 32536 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 thelr effective period, have been issued by the company(s) indicated below. tn the event of material change or cancellation of said policy(s), the company will endeavor to notify the certificate holder, but fallure to do so shail impose no liability or obligation of any kind upon the undersigned or the company(s) involved. Model Serial No. Crew Pax Hull Value Liability Limit 1 3 $200,000.00 $1Mil/ $100,000 NNumber Year Make N501MN 2006 Robinson R-44 Il Southwest Aviation insurance Group Scottscale Municipal Aiport 4415 N. 73rd Street, Suite 115 Scottsdale, AZ 85260 490.483.8209 AVIATION ADDENDUM (Schedule of Aircraft) Leslie Riskin 7/22/2013 12:24:10 PM Page 2 of 3 CERT NO.: 16989785 CLIENT CODE: 36278 AGENCY CUSTOMER ID: 36278 LOC #: — ACORD ADDITIONAL REMARKS SCHEDULE Page of Berkley Aviation (A Berkley Company) POLICY NUMBER CARRIER NAIC CODE 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. Pearl Street Crestview FL 32536 Additional Insured Provision: The Company's rights of recourse: cancellation of any policy above. 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. Notwithstanding any requirements, terms or conditions of any contract or ether document with respect to which the Certificate may be issued or may pertain, the Insurance afforded by the policy(ies) described herein is subject to all the terms, conditions, limits and exclusions of such policy. The Company has made the provision to give the Certificate Holder prompt notice of But, the Company assumes no responsibility for failure to provide such notice. This Certificate does