HomeMy WebLinkAbout008-Florida Public Utilities Company-Airport Pipelinea
L E A S E
THIS LEASE, made and entered into this day of / A
A.D. 1971, by and between CITY OF SANFORD, FLORIDA, a muncipal cor-
poration, party of the first part, hereinafter called Lessor, and FLORIDA
PUBLIC UTILITIES COMPANY, a corporation, party of the second part,
hereinafter called Lessee,
WITNESSETH:
For and in consideration of the mutual covenants and agreements
hereinafter contained, as well as the rentals hereinafter provided, Lessor
does rent and hire unto Lessee and Lessee rents and hires of and from
Lessor, the underground pipes formerly used for jet fuel within the
confines of the Sanford Airport property as delineated map attached hereto
and incorporated herein, in red, to have and to hold the same for a period
of one (1) year from date hereof, upon the following terms and conditions:
1. Lessee shall use the demised property for the distribution of
natural gas to various buildings at Sanford Airport, and in connection
therewith agrees to clean, test and maintain the same.
2. Lessee will yield and pay unto the City of Sanford, Lessor, as
rent, six percent (67 of the annual gross revenues from the sale of firm
natural gas to customers within the Airport and three percent (37 of the
annual gross revenues from the sale of interruptable natural gas within
the Airport, subject however, in any event, to a minimum annual .lease
payment of Two Hundred Dollars ($200.00).
3. During the primary term hereof, or any extension and renewal
hereof, Lessee shall have the option to negotiate with Lessor for the pur-
chase of the property hereby demised.
4. Lessee, at its expense, is granted the right to connect feeder
gas lines to the demised transmission line, and in connection therewith,
is hereby granted the necessary rights of access or easements for said
HUTCHISON & LEFFLER, ATTORNEYS at LAW, PARK FULTON BUILDING, SANFORD, FLORIDA 32771
purpose, subject in any event to prior approval of the City Manager. Upon
termination of this .lease, title to pipes and .lines installed by Lessee shall
remain with Lessee, and Lessee shall have the right to remove the same
under the control and jurisdiction of the City Manager of Lessor, leaving
the property from which said pipes are removed in a condition satisfactory
to said City Manager.
5. Lessee at all times will indemnify and hold Lessor harmless
from any and all damage or injury of any nature occasioned by this lease
or the use and occupancy of the demised properties and the operation
thereof.
6. At the option of Lessee, Lessee shall have the right to renew
this .lease for four (4) successive one (1) year periods upon the same
terms and conditions as are herein stated by giving Lessor written notice
of its intention to renew at least thirty (30) days prior to the end of the
primary term, and each successive term.
7. Lessee agrees to promptly pay any taxes or assessments
lawfully .levied by governmental authority.
This lease shall be binding on the successors and assigns of the
parties hereto.
IN WITNESS WHEREOF, the parties hereto have caused this
instrument to be executed on the day and year first above written.
Witness: CITY OF SANF FLORIDA
By
Mayor
Attest
its Clerk,
Lessor,
FLORIDA P IC UTILITIES COMPANY
By
Attest
Lessee:
-2-
HUTCHISON & LEFFLER, ATTORNEYS at LAW, PARK FULTON BUILDING, SANFORD, FLORIDA 32771