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Okaloosa County BOCC — August 5, 2014 — AOL 1001 to Allied — reading text

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ASSIGNMENT OF LEASE This ASSIGNMENT OF LEASE FOR HANGAR SPACE, fully executed this day of , 2014, by and between 1001 AIRPORT ROAD BLOCK 2 LOT 3, LLC (hereinafter referred to as the ‘FIRST PARTY’) and ALLIED GLOBAL VENTURES, LLC (hereinafter referred to as the“SECOND PARTY’). WITNESSETH: WHEREAS, the FIRST PARTY entered into an Assignment of Lease from Trustmark National Bank effective June 2, 2010, Assignment of Lease from Olson-Phillips Aviation, LLC effective April 6, 2009, Assignment of Lease from David & Joyce Wagner effective December 6, 2005, Assignment of Lease from A.L. Hilpert effective March 15, 2005, Assignment of Lease Agreement for a hangar and lease with FOX AIRWAYS, effective April 17, 1997, Supplemental Agreement Number 3 dated June 1, 1999, Supplemental Agreement Number Two dated April 7, 1998, Assignment of Lease from George Rush to FOX Airways dated January 8, 1991, Supplemental Agreement Number One dated March 3, 1987, and original Lease dated July 15, 1980 at the Destin/Ft. Walton Beach Airport. 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, Supplemental Agreements and Assignment of Leases, 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 2 Lot 3 as shown on file in the office of the Airports Director with an expiration date of July 15, 2025, which is hereby incorporated herein by reference, and COUNTY hereby gives to SECOND PARTY permission to occupy and maintain one (1) hangar 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 the following terms, covenants, conditions, and agreements to be kept, performed, and observed by the SECOND PARTY. SECTION 1: Section 6 a Ground Rent is changed 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 7. The ground lease and applicable sales tax will be billed annually, in advance, and is payable to the Airports Director, Okaloosa County Airports, 1701 State Road 85 North, Eglin Air Force Base, Florida, 32542-1498. This lease includes FIVE THOUSAND THREE HUNDRED SEVENTY SIX (5,376) square feet at TWO DOLLARS AND FIFTY CENTS ($2.50) per square foot for a total annual cost of THIRTEEN THOUSAND FOUR HUNDRED FORTY DOLLARS ($13,440.00) plus tax. SECTION 2: Section 19 Notices is changed 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 there in 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 State Road 85 North, Eglin Air Force Base, Florida 32542-1498. The address of the LESSEE is: Allied Global Ventures, LLC, Bart Rice, 2945 Pine Valley Drive, Miramar Beach, FL 32550. SECTION 3: Section 29 Legal Description is changed to read, Commence at the Northern-Most corner of Lot 22, Block A, Harbor Breeze, as recorded in Plat Book 13, Page 32, Public Records of Okaloosa County, Florida; Thence S.38°00’00E. (Basis of Bearings) along the East line of said subdivision for a distance of 88.21 feet; Thence departing said East line proceed N.52°00°00"E. for a distance of 148.34 feet to the Point of Beginning; Thence N.52°22’45”E. for a distance of 95.15 feet; Thence $.37°37°15”E. for a distance of 56.49 feet; Thence §.52°22’45”W. for a distance of 94.78 feet; Thence N.38°00’00"W. for a distance of 56.49 feet to the Point of Beginning. Contains 5376 Square feet or 0.12 Acres. SECTION 4: This Assignment of Lease consists of Sections 1 to 4. It constitutes the 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. IN WITNESS, the parties hereto have executed these presents as of the day and year first above written. FIRST PARTY: Kua ? Glob 1001 AIRPORT ROAD BLOCK 2 LOT 3 LLC LISA P. COLOMB ATTESTS: | f] D WITNESS SECOND PARTY: ALLIED GLOBAL VENTURES, LLC BART RICE ATTESTS: Copeth ALAS [long TNESS| (near pehltfe_ WITNESS IN WITNESS the parties hereto have executed these presets as of the day and year first written above. BOARD OF COUNTY COMMISSIONERS OKALOOSA COUNTY, FLORIDA CHARLES K. WINDES, JR. 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 LISA P. COLOMB, as Managing Member of 1001 Airport Road Block 2 Lot 3, LLC, who, under oath, deposes and says that she is authorized to execute contracts and lease agreements and that she executed the foregoing instrument for the uses and purposes contained therein. an Sworn and subscribed before me this / g day of 0) wy , 2014, AD. : EXPIRES: F enruary 23, 016 5 | Re Bonded Thru Notary Public Underwriters EN ets SR RNR BRAE [Notary ; so STATE OF FLORIDA COUNTY OF OKALOOSA Cnatte 0b. YV- NOTARY ) My Commission expires: Before me, the undersigned officer duly authorized to take acknowledgments in the COUNTY and STATE aforesaid, personally appeared BART RICE, as Managing Member of Allied Global Ventures, LLC, 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 | [M cay of Tle, , 2014, AD. La ies AERTS G ee SEA ste Rawat? rx MY COMMISSION # EE 154224 sf EXPIRES: February 23, 2016 "Bonded Thru Notary Public Undeewriters Te PRES ANCES CE i (tela ticle NOTARY My Commission expires: CONTRACT & LEASE INTERNAL COORDINATION SHEET Contract/Lease Number: 4. [0 C365 ~ Ajo Tracking Number: {607 ~)} “f - Grant Funded: YES NO_-<_ Contractor/Lessee Name: / CG j A LeDont 4 fthk 82, tot 3, LLC , ic Purpose led te A Clee Sebel Vacs “fetes Date/Term: LY i 5] AOS a, E>kcreater THAN $50,000 Amount:__{| 3 440) a7) / tanned 1 hey 2. L] Greater THAN $25,000 Department: A? 3, L_] $25,000 OR LESS . Dept. Monitor Name: Glee mess | I‘) CTIA. Document has been reviewed and includes any attachments or exhibits. Purchasing Review Procurement r re ar met: eee oe ( Date: @ he 1 Y- Purchasing Directo? or Designee “Stame Ku fplk Risk Management Review Approved as written: x Ad . Date: ifetfry Risk Monaze or ‘designee e Chee fof. | C€aunty Attorney Review oo as wri 6 -Be-1y a) Date: pre renee Sewer! get Following Okaloosa County approval: Contracts & Grants Document has been received: Date: Contracts & Grants Manager WB Oe lo [30 } ‘a DATE (MIM/DDIYYYY) —N ACORD CERTIFICATE OF LIABILITY INSURANCE 07/25/2014 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 certificate holder in lieu of such endorsement(s). CONTACT . Propuess Arthur G. Blackwell Insurance, Inc. DBA Coastal Insane nce Lisa Byrne [FAR 5410 E. Co Hwy 30A, Suite 101 (ale No. Ext: _B5D-23 71-0082 (AIG. Mop, BED-BST 1014 Santa Rosa Beach, FL 32459 eae pun afvonon covnAcd wns License #: A022944 wsurERA: Nautilus Insurance Company 17370 INSURED INSURER B : Allied Global Ventures, LLC INSURER C: 2945 Pine Valley Drive INSURER D : Miramar Beach, FL 32550 INSURER E : INSURER F: COVERAGES CERTIFICATE NUMBER: 80236257-12343 REVISION NUMBER: 3 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. INSR ADDL|SUBR| POLICY EFF_| POLIGY EXP LTR TYPE OF INSURANCE INSR | WYD. POLICY NUMBER (MM/DDIYYYY} | (MM/DDIYYYY) LIMITS A | GENERAL LIABILITY Y N137570 07/25/2014 | 07/25/2015 | EACH OCCURRENCE $ 1,000,000 DAMAGE TO RENTED X | COMMERCIAL GENERAL LIABILITY PREMISES (Ea occurrence) _| $ 100,000 | CLAIMS-MADE OCCUR MED EXP (Any one person) _| $ 5,000 PERSONAL & ADVINJURY | $ 1,000,000 GENERAL AGGREGATE $ 2,000,000 GEN'L AGGREGATE LIMIT APPLIES PER: PRODUCTS - COMP/OP AGG | $ Included X | pouicy FRO: Loc $ AUTOMOBILE LIABILITY fe Meoven Tg ANY AUTO BODILY INJURY (Per person) | $ ALL OWNED SCHEDULED - ‘AUTOS UTOS BODILY INJURY (Per accident) | $ NON-OWNED PROPERTY DAMAGE 3 HIRED AUTOS AUTOS (Per accident) $ UMBRELLA LIAB OCCUR EACH OCCURRENCE $ EXCESS LIAB CLAIMS-MADE AGGREGATE $ DED | RETENTION $ $ WORKERS COMPENSATION WC STATU- OTH- AND EMPLOYERS’ LIABILITY YIN TORY LIMITS ER ANY PROPRIETOR/PARTNER/EXECUTIVE E.L.. EACH ACCIDENT $ OFFICER/MEMBER EXCLUDED? [| NIA (Mandatory in NH) E.L. DISEASE - EAEMPLOYEE| $ tiyes, describe under DESGRIPTION OF OPERATIONS below EL. DISEASE - POLICY LIMIT | $ DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (Attach ACORD 101, Additional Remarks Schedule, if more space is required) Okaloosa County is included as an additional insured CERTIFICATE HOLDER CANCELLATION SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN Okaloosa County ACCORDANCE WITH THE POLICY PROVISIONS. 602 -C North Pearl Street Crestview, FL 32536 AUTHORIZED REPRESENTATIVE | (LFB) © 1988-2010 ACORD CORPORATION. All rights reserved. ACORD 25 (2010/05) The ACORD name and logo are registered marks of ACORD Printed by LFB on July 25, 2014 at 11:16AM DATE (MMIDDIYYYY) ——™ 5 ACORD EVIDENCE OF PROPERTY INSURANCE 07/28/2014 THIS EVIDENCE OF PROPERTY INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS EVIDENCE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN TH ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE ADDITIONAL INTEREST. AGENCY PHONE ep eo0-2310042 COMPANY Arthur G. Blackwell insurance, inc. DBA Coastal Insurance Agency | Nautilus Insurance Company 5410 E. Co Hwy 30A, Suite 101 Santa Rosa Beach, FL 32459 | [ave, Noy: 850-837-101.4| EMAL... lisa@coastalcoverage.com CODE: | SUB CODE: age one na, 80236257 INSURED

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