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Okaloosa County BOCC — July 1, 2014 — AOL Global to Destin Beach — 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 GLOBAL AIRCRAFT LEASING, INC., (hereinafter referred to as the “FIRST PARTY”) and DESTIN BEACH PROPERTIES, LLC, (hereinafter referred to as the “SECOND PARTY”). WITNESSETH: WHEREAS, the FIRST PARTY entered into a original lease dated March 17, 1993 at the Destin/Ft. Walton Beach Airport, (AIRPORT) with a current expiration date of March 15, 2021. 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 AIRPORT in the County of Okaloosa, State of Florida that certain location designated as Block 5 Lot 4 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) 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 5: Rentals a. Ground Lease should 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 Highway 85 North, Eglin Air Force Base, Florida, 32542-1413. The lease includes THREE THOUSAND TWENTY SIX (3,026) square feet at TWO DOLLARS AND FIFTY CENTS ($2.50) per square foot per year for a total annual cost of SEVEN THOUSAND FIVE HUNDRED SIXTY FIVE DOLLARS ($7,565.00) plus tax. SECTION 2: Section 18 Notices should 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 32542-1413. The address of the LESSEE is: Destin Beach Properties, LLC, Johnie Weems, 981 Highway 98 East, Suite 3424, Destin, Florida 32541. SECTION 3: Section 28 Legal Description should read: Block 5 Lot 4: Commence at the South easternmost corner of Lot 33, Block A, Harbor Breeze second addition, as recorded in Plat Book 16, Page 30, Public Records of Okaloosa County, Florida; Thence N38°00’00”W. (Basis of Bearings) along the East line of said subdivision for a distance of 106.10 feet; Thence departing said East line proceed N.52°00°00"E. for a distance of 238.29 feet to the Point of Beginning; Thence N.38°00°00”"W. for a distance of 50.30 feet; Thence N.52°00’00”E. for a distance of 60.17 feet; Thence S.38°00°00”E. for a distance of 50.30 feet; Thence $.52°00’00”W. for a distance of 60.17 feet to the Point of Beginning. Parcel described contains 3,026 square feet. SECTION 4: This ASSIGNMENT OF LEASE consists of the following: 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. (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. GLOBAL AIRCRAFT, INC. RONNIE POWERS FIRST PARTY ATTESTS: Aecol PBsasamct) WITNESS WITNESS * DESTIN|BEACH PROPERTIES, LLC JOHNIEIWEEMS SECOND PARTY ATTESTS: tz 14 WITNESS U/ WITNESS IN WITNESS the parties hereto have executed these presets as of the day and year first above written. 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 RONNIE POWERS 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 Gj day of a fatat , 2014, AD. 2 fa oN Noraney i, % My Commissi @ Aad, aQ0\) ae a - - - ™ > _/ Inne = heal te = ‘So orton bY, A se 5 ‘\} wl it itis, san No: me ile. t n22, 208% oun FHS a Cc. “4 I wou SpalOiw “ay 8P ae STATE OF FLORIDA COUNTY OF OKALOOSA Before me, the undersigned officer duly authorized to take acknowledgments in the COUNTY and STATE aforesaid, personally appeared JOHNIE WEEMS who, under oath, deposes and says that they are authorized to execute contracts and lease agreements and that they executed the foregoing instrument for the uses and purposes contained therein. Sworn and subscribed before me this \ | day of _. hay VQ, 2014, AD. EMILY E. TECH %, NOTARY PUBLIC cae Expires 2/8/2016 My Commission expires: i | ACORIT | es CERTIFICATE OF LIABILITY INSURANCE WEEMJO1 OP ID: RD DATE (MMUDDIYYYY) 08/19/2014 THIS CERTIFICATE ([S 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 1S 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 [leu of such endorsement(s). PRODUCER TERRAL INSURANCE LLC P.O, Box 408 Quitman, MS 39355 Richard W. Davis Nant Richard W. Davis TANG, xy: 601-776-2173 FAX io): 601-776-3766 E-MAIL ADDRESS: INSURER{S) AFFORDING COVERAGE NAIG it surer A: Lloyds of London INSURED Johnie F. Weems, Ill d/b/a INSURER B: Destin Beach Properties, LLC INSURER C: 981 HWY 98E Ste 3424 : Destin, Fl. 32541 INSURER D: ‘ INSURER E: INSURER F: COVERAGES CERTIFICATE NUMBER: REVISION NUMBER: THIS 1§ 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 AFFORDEO 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. AGOLSUBR) this TYPE OF INSURANCE INSO| WvD POLICY NUMBER (HMUDDIVYYY) UNADDIVYY) LIMITS A | X | COMMERCIAL GENERAL LIABILITY EACH OCCURRENCE 3 2,000,000 ] cuams.nave OCCUR x 427985 06/19/2014 | 06/19/2015 | DAMAGE TORENTED | 2,000,00 MED EXP (Any one person) | $ 1,000,000 P| PERSONAL & ADVINJURY | $ 1,000,000 GEN'L AGGREGATE LIMIT APPLIES PER: GENERAL AGGREGATE $ 100,000 POLICY BBS: Loc PRODUCTS - COMP/OP AGG | 3 40,000 OTHER: $ COMBINED SINGLE LIMIT AUTOMOBILE LIABILITY A OBINED § $ ANY AUTO BODILY INJURY (Per person) | $ ALL OWNED SCHEDULED AUTOS AUTOS poniLy IRaURY (Per accident)! $ ; ROPER MAGE HIRED AUTOS AUTOS {Per accident) $ $ UMBRELLA LIAB OCCUR EAGH OCCURRENCE $ EXCESS LIAR CLAIMS-MADE AGGREGATE $ DED | | RETENTIONS $ WORKERS COMPENSATION PER OTH- AND EMPLOYERS? LIABILITY vin | STATUTE | ER ANY PROPRIETOR/PARTNER/EXEGUTIVE ; E.L. EACH ACCIDENT $ OFFIGERIMEMBER EXCLUDED? NA {Mandatory in NH) E.L. DISEASE - EA EMPLOYER) $ ifyes, describe under DESCRIPTION OF OPERATIONS below E.L, DISEASE - POLICY LIMIT | $ A |Property Section x 427965 06/19/2014 | 08/19/2015 /Building 360,000 DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (AGORD (04, Additional Remarks Schedule, may be attached If more space ts required) Okaloosa County is added as an additional insured with regards to the property and Liability coverage, CERTIFICATE HOLDER CANCELLATION Okaloosa County 602-C N. Pearl Street Crestview, FL 32536 l OKALOOS SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLEO BEFORE THE EXPIRATION DATE THEREOF, ACCORDANCE WITH THE POLICY PROVISIONS, NOTICE WILL BE DELIVERED IN AUTHORIZED REPRESENTATIVE Riciar avis BDU Se AGORD 285 (2014/01) " © 1988-2014 ACORD GORPORATION. All tights reserved. The ACORD name and logo are registered marks of ACORD AIG AEROSPACE INSURANCE SERVICES, INC. CERTIFICATE OF INSURANCE ; THIS IS TO CERTIFY TO: OKALOOSA COUNTY 602C NORTH PEARL ST. CRESTVIEW, FL 32536 THAT THE FOLLOWING POLICY/IES OF INSURANCE HAVE BEEN ISSUED TO: JULIET WHISKEY AVIATION LLC aka JOHNIE WEEMS WATERVIEW TOWERS, 150 GULF SHORE DESTIN, FL 32541 POLICY NO. LA 0272642-01 POLICY PERIOD: From 12-30-13 to 12-30-14 INSURANCE COMPANY NATIONAL UNION FIRE INSURANCE CO. OF PITTSBURGH PA Coverage only applies as indicated by a specific limit and deductible. Limits of Liability A. Aijreraft Liability Single Limit for Bodily Injury and $ 1,000,000 each occurrence Property Damage __IN_ cluding Passengers, but Passenger Bodily Injury Limited within the Single Limit to $ 1,000,000 each passenger B. Medical Expense IN cluding crew $ 5,000 each passenger C. Physical Damage ito Your Aircraft Deductibles ID Number Year Make and Model Agreed Value__Not-in-Motion Not-in-Flight Flight N929JW 2013 CIRRUS SR22(5SEATS) $ 750,000 §$ 0 $ O $ 0 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ THIS CERTIFICATE HOLDER IS: 1. included as additional insured as respects liability coverage but coverage only applies after all other coverage available to the additional insured has been exhausted; 2. included as additional insured as respects liability coverage but coverage only applies with respect to the vicarious responsibility of the additional insured for the operation of the aircraft by the Named Insured, including any interest in the aircraft as owner/lessor:; 3, included as additional insured as respects liability coverage but coverage does not apply to any occurrence arising from the design, manufacture, modification, repair, sale, or servicing of insured aircraft other than ground handling. 30 days notice of cancellation Coverage is subject to Aviation Date Recognition Endorsement Form No. 71223. The Aviation Managers have made provision to give the certificate holder prompt notice of cancellation of any policy above. But, the Aviation Managers assume 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. Certificate No. 1871373 en Date of Issue 6-18-14 FEW By oe 727 (Authorized Representative) LAD30B (3/00) CONTRACT & LEASE INTERNAL COORDINATION SHEET Contract/Lease Number: LOS« O FOS ~ApP Tracking Number: GH ~ [Ap Contractor/Lessee one tal Ronen Aberin Funded: YES. «= NO_><” Purpose Aol le J \ . Payteachy f) Aye Atlin tae Date/Term:_“4 we 1, [7] GREATER THAN $50,000 7 ne [ fe amounts 5

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