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045 Sanford Aero Modelers ' !1RJk11-1877-1 UTILITY DEPARTMENT TRANSMITTAL MEMORANDUM To: City Clerk's Office RE: Sanford Aero Modelers Lease Agreement The item(s) noted below is/are attached and forwarded to your office for the following action(s): ❑ Development Order ❑ Mayor's signature ❑ Final Plat(original mylars) n Recording ❑ Letter of Credit ❑ Rendering Maintenance Bond ® Safe keeping (Vault) ❑ Ordinance ❑ Performance Bond ❑ Resolution ❑ Once completed, please: n Return original ❑ Return copy 0 Special Instructions: Per Paul Moore, and Tenant's Original mailed on 5/19/14 Please advise if you have any questions regarding the above. Thank you! saL SI HI ict From Date SANFORD AERO MODELERS, INC. /CITY OF SANFORD .�_ SECOND EXTENSION AND AMENDMENT OF LEASE AGREEMENT Cr! This Extension of Lease Agreement (Extension) is entered by and between Sanford Aero Modelers Inc. (the "Tenant"), whose new address is 106 Ventura Drive, Sanford Florida 32725, and the City of Sanford, Florida (the U Fcs "Landlord"), whose address is 300 North Park Avenue, Sanford, Florida 32771. The parties entered into that certain Lease Agreement attached hereto which expired on June 15, 2009, but was amended and extended (until June 15, 2014) by the parties in February, 2009, said amendment and extension also being attached hereto. The parties have determined that it is mutually beneficial to renew the Lease Agreement, as amended in 2009, for a term terminating on June 15, 2019 unless terminated in accordance with the provisions of the Lease Agreement or by the City upon 90 days advance written notice at any time without cause or with cause in the sole and absolute discretion of the City. Further, the Tenant agrees to reasonably cooperate with programs and activities of the City that are recreational or tourist related and involve the premises and the activities of the Tenant. As above further amended, the parties hereby agree to this Second Extension and Amendment and ratify and affirm all terms and conditions of the Lease Agreement, as previously amended. IN WITNESS WHEREOF, the undersigned have hereunto set their hands and seals on the dates stated. Attest: TENANT: Scott Lee Phil! Spain, Pre6den Vice President Date: -5-711(I'f Attest: LANDLORD: , 0 .1 I�!%�- fir,. Cy hia Porter Jeff Triplett ,1' City Clerk Mayor, City of •1ord Florida Approved as to form and legality: .CC�.rer�� e 09/ i liam L. Colbert City Attorney 1 ! ettgAIL 1 040� WS RM x 0� Item No. 4 "-1877— CITY COMMISSION MEMORANDUM 14109.B MAY 12, 201 4 AGENDA To: Honorable Mayor and Members of the City C mission PREPARED BY: Paul Moore, Utility Director SUBMITTED BY: Norton N. Bonaparte, Jr., City Manager SUBJECT: Sanford Aero Modelers Lease Extension Site 10 Property SYNOPSIS: Approval to extend the prorty lease with the Sanford Aero Modelers at Site 10 is requested. FISCALISTAFFING STAt'EMENT: The lease provides for payment of ear. BACKGROUND: The City owns approximately 1800 acres east of the City limits known as Site 10. The property is leased to three separate parties. One of the lease holders is the Sanford Aero Modelers. The City Commission approved the original lease with the Sanford Aero Modelers on June 16, 1994 and extended it on June 15, 2009. The current lease expires on June 15, 2014. The Sanford Aero Modelers would like to renew the lease. The Sanford Aero Modelers pay the City $10 per year and are required to have proper insurance. They have done a good job maintaining the property and have been good tenants. They provide recreational opportunity for the remote control airplane enthusiast. The original lease was for 15 years. The first lease was extended for 5 years and this extension is for 5 years. The lease can be terminated by the City upon 90 days advanced written notice. LEGAL REVIEW: The City Attorney's office prepared the lease extension and amendment to the lease agreement. RECOMMENDATION: It is staff's recommendation to approve the second lease extension with Sanford Aero Modelers for the Site 10 property for a term to expire June 15, 2019. SUGGESTED MOTION: "I move to approve the second lease extension with Sanford Aero Modelers for the Site 10 property for a term to expire June 15, 2019." Attachment: Lease Extension Agreement �M S IaiIL4 Derry C15 SANFORD AERO MODELERS, INC. /CITY OF SANFORD SECOND EXTENSION AND AMENDMENT OF LEASE AGREEMENT This Extension of Lease Agreement (Extension) is entered by and between Sanford Aero Modelers Inc. (the "Tenant"), whose new 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 32771. The parties entered into that certain Lease Agreement attached hereto which expired on June 15, 2009, but was amended and extended (until June 15, 2014) by the parties in February, 2009, said amendment and extension also being attached hereto. The parties have determined that it is mutually beneficial to renew the Lease Agreement, as amended in 2009, for a term terminating on June 15, 2019 unless terminated in accordance with the provisions of the Lease Agreement or by the City upon 90 days advance written notice at any time without cause or with cause in the sole and absolute discretion of the City. Further, the Tenant agrees to reasonably cooperate with programs and activities of the City that are recreational or tourist related and involve the premises and the activities of the Tenant. As above further amended, the parties hereby agree to this Second Extension and Amendment and ratify and affirm all terms and conditions of the Lease Agreement, as previously amended. IN WITNESS WHEREOF, the undersigned have hereunto set their hands and seals on the dates stated. Attest: TENANT: (S a 1. v Scott Lee Phill Spain, President Vice President Date: Attest: LANDLORD: Cynthia Porter Jeff Triplett City Clerk Mayor, City of Sanford, Florida Approved as to form and legality: William L. Colbert City Attorney 1 I P a