HomeMy WebLinkAbout2565 Sanford Aero Modelers/C.O.S. 4th Extension/Amendment of Lease AgreementSANt+ORD AERO i-VIODE LERS, INC. /CITE' OF SANFORD FOURTH EXTENSION
AND AivIENDiNIENI T OF LEASE AGREEMENT
This Extension and Amendment of Lease Agreement (Extension and Amendment) is
entered by and between Sanford Aero Nlodelers Inc. (the -'Tenant'"). whose address is 106 Ventura
Drive. Sanford Florida 32725 and the City of Sanford. Florida (the "Landlord*). whose address is
300 North Park Avenue- Sanford. Florida X2771.
The parties entered into that certain Lease Agreement in 1991" which has been amended
and extended from time -to -time. and is novo in line to terminate on June 15. 2024 all of which prior
documents are on file as public records of the Cit-' of Sanford.
The parties have determined that it is mutually beneficial to amend and renew the Lease
Agreement. as previously amended. for a term terminatin- on .lune 15. 2029- unless terminated in
accordance with the provisions of the Lease Agreement or by the Cite upon 90 days advance
written notice at an%- time without cause or with cause in the sole and absolute discretion of the
Cith . The parties reco-nize that the Lease Agreement is in good standing in all respects.
Additionally. although previously stated in prior documents. the terms and conditions of
the Lease Agreement shall be such that the Tenant shall pay the Landlord $10.00 per year as rent:
shall procure_ have and maintain proper insurance as required by the Landlord: the Tenant
agrees to reasonably cooperate with programs and activities of the Landlord that are recreational
or tourist related and involve the promises and the activities of the Landlord or the Tenant. Further.
hoxvever. the Tenant agrees that the "K9 'rrainin'.z Yard"" may operate and fully function under the
direction of" the City of Sanford Police Department within that area. The attached Fxhibit to this
Extension and Amendment is a supplemental exhibit to the Lease Agreement for use by the parties_
I\ WITNESS NVREREOF. the undersigned have hereunto set their hands and seals on
the dates stated.
Attest.- TE[ tAN T :
Scott LeeZein_1-?Lsident
Vice President Date:
.-ltlesl: r� LANDLORD:,'
fi O*
(racy ouchii ' `,� Art WoodrutT` =-- ---
C'ity Clerk. MMC. CO h; . i 1layor. C't_V of Sanford. Florida
Date:
Approved as to form and le`'alitv:
`� City Attorne}' l ���� j�' L�'1•L
j`o'io"'eqqM:
FLORIDAsr1�a
WS RM X
Item No. l
CITY COMMISSION MEMORANDUM 24.140.G
JUNE 10, 2024 AGENDA
TO: Honorable Mayor and Members of the City Commission
PREPARED BY: Brynt Johnson, Director Utilities and Public Works
Owen Christopher Smith, Project Planner, Urbanp/Amendment
SUBMITTED BY: Norton N. Bonaparte, Jr., ICMA-CM, City Manager
SUBJECT: Sanford Aero Modelers, Inc.; Lease Extension Ap Site 10
Property /
STRATEGIC PRIORITIES:
❑ Unify Downtown & the Waterfront
❑ Promote the City's Distinct Culture
❑ Update Regulatory Framework
❑ Redevelop and Revitalize Disadvantaged Communities
SYNOPSIS:
Approval by the City Commission of an extension and amendment to the property lease with
Sanford Aero Modelers, Inc. relating to the City -owned property known as Site 10 is requested.
FISCAL/STAFFING STATEMENT:
The lease payment of $10 per year continues. Providing that they provide the required insurance
to the City.
BACKGROUND:
The City owns approximately 2,129.55 acres east of the City limits commonly known as Site 10.
Sanford Aero Modelers, Inc. leases a portion of the property which is depicted in the aerial map
attached.
The City Commission approved the original lease with the Sanford Aero Modelers in 1994 and it
has been extended and amended from time -to -time. It is now set to terminate on June 15, 2024.
Sanford Aero Modelers, Inc. would like to renew the lease.
Sanford Aero Modelers, Inc. pays the City $10 per year and is required to have proper insurance
in place to protect the City. Sanford Aero Modelers, Inc. provides recreational opportunities for
the remote -control airplane enthusiast.
LEGAL REVIEW:
The Assistant City Attorney has assisted in this matter and has no legal objection to the action.
RECOMMENDATION:
City staff recommends approval of the extension and amendment to the Lease Agreement with
Sanford Aero Modelers, Inc.
SUGGESTED MOTION:
"I move to approve the extension and amendment, as proposed."
Attachment: Extension and Amendment to the Lease Agreement (with aerial map).