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2442 COS/Sanford Airport Authority - Ground Lease 2022-2023E) oRIcIvnl, LEASE NO. 2022-023 GROUND LEASE BETWEEN SANFORD AIRPORT AUTHORITY AND THE CITY OF SANFORD THIS GROUND LEASE (the "Lease") is made and entered into as of the Date of this Lease, by and between Landlord and Tenant. "Date of this Lease" shall mean the date on which the last one of the Landlord and Tenant has signed this Lease which date shall also be the "Effective Date" of this Lease. WITNESSETH: Subject to and on the terms and conditions of this Lease, Landlord leases to Tenant and Tenant hires from Landlord the Premises. 1. BASIC LEASE INFORMATION AND DEFINED TERMS. The key terms of this Lease and the defined terms used in this Lease are as follows: of Florida. 1.1 Landlord. SANFORD AIRPORT AUTHORITY, a dependent special district ofthe State 1.2 Tenant. CITY OF SANFORD, a Florida municipal corporation. 1.3 Premises. The land, three (3) acres, more or less, is size, and appurtenances located in Sanford, Seminole County, Florida described and/or depicted in the sketch attached as EXHIBIT "A" together with ingress and egress Except as expressly set forth in this Lease, Tenant has inspected the Premises and accepts possession of the Premises in its then "as -is", "where -is" condition, without representation or warranty of any kind by Landlord, as further set forth in the As -Is article. Airport. 1.4 Airport. The Orlando Sanford International Airport. The Premises is located within the 1.5 Permitted Use of the Premises. A municipal fire station facility (see the Use article). 1.6 Lease Commencement Date. The Date of this Lease. 1.7 Lease Term. Thirty (30) years commencing on the Lease Commencement Date, as extended or sooner terminated under the terms of this Lease (see the Term article). If the Lease Commencement Date falls on a day other than the first day of a month, then for purposes of calculating the length of the Lease Term, the first month of the Lease Term shall be the month immediately following the month in which the Lease Commencement Date occurs. 1.8 Construction Commencement Deadline, The date that is three (3) years following the Lease Commencement Date. 1.9 Construction Completion Deadline. The date that is four (4) years following the Lease Commencement Date. 1.10 Base Rent. As provided in Section 5.2 below. 1.11 Tenant's Notice Address. CITY OF SANFORD, Attn: City Manager, 300 North Park Avenue, Sanford, Florida 32771, with a copy to City Attorney, City of Sanford, 300 International Parkway, Suite 100, Lake Mary, Florida 32746. 1.12 Landlord's Notice Address. SANFORD AIRPORT AUTHORITY, 1200 Red Cleveland Boulevard, Sanford, Florida 32773, with a copy to General Counsel, Sanford Airport Authority, PO Box 4956, Orlando, Florida 32802-4956. I I Page ORLDOCS 17098498 16 1.13 Parties. The Landlord or Tenant, or both, as the context so permits. 2. TERM. This Lease shall constitute a legally binding and enforceable agreement as of the Date of this Lease. Tenant shall have and hold the Premises for the Lease Term. The Lease Term shall commence on the Lease Commencement Date. Notwithstanding anything in this Lease to the contrary, at any time prior to the Construction Completion Deadline, the Tenant may elect to terminate this Lease and pay the Landlord, in lawful United States currency, the `Early Termination Fee." The "Early Termination Fee" shall bean amount equal to fifty percent (50%) of the fair market rental value for the use of the Premises for the period commencing on the Lease Commencement Date and terminating on the date of the notice of the termination, to be calculated on a per diem basis and paid on the date of termination. 3. USE. Tenant shall use and occupy the Premises only for the Permitted Use. Tenant shall not use or permit or suffer the use of the Premises for any other purpose. Tenant shall not provide any products or services not specifically authorized by this Lease or Landlord. The rights granted hereunder are expressly limited to the improvement, maintenance, and operation of the Premises pursuant to the terms and conditions of this Lease. No outside storage is permitted unless the Lease specifically designates an area for that purpose, or the stored items are a functional component of Tenant's operation. In this regard, it is specifically understood and agreed that parking of boats, motor homes or inoperable or unregistered vehicles and the stockpiling or storage of inoperable equipment, machinery, and containers on the Premises is strictly prohibited. At Landlord's request, all storage and dumpsters must be screened or concealed from public view, and storage shall be limited to storage incidental to Tenant's overall operation on the Premises subject to Landlord's approval. 4. RULES AND REGULATIONS. Tenant shall, at its expense, at all times comply with and perform all obligations required of the occupant or owner of the Premises pursuant to recorded restrictive covenants or other restrictions or agreements running with the title to the Premises. Tenant shall conform to the Rules and Regulations. "Rules and Regulations" shall mean the rules and regulations for the Airport promulgated by Landlord from time to time; provided, however, that no amendment shall adversely affect the ability of the Tenant to use the Premises without compensation for or replacement of the Tenant's Improvements. The Rules and Regulations which apply as of the Date of this Lease are attached as EXHIBIT "C". MWW 5.1 General. The term "Rent" or "rent" when used in this Lease shall include Base Rent and any forms of payment to be made by Tenant to Landlord. All Rent shall be paid to Landlord without demand, setoff, or deduction whatsoever, except as specifically provided in this Lease, at Landlord's Notice Address, or at such other place as Landlord designates in writing to Tenant. Tenant's obligations to pay Rent are covenants independent of the Landlord's obligations under this Lease. Tenant shall pay to Landlord, with each payment of any Rent due under this Lease, any sales, excise and other taxes levied, imposed or assessed by the State of Florida or any political subdivision thereof or other taxing authority upon any Rent payable hereunder; provided, however, the Parties acknowledge that such taxes may not be due at any given time as a result of Tenant's status as a municipality. 5.2 Base Rent. 5.2.1 General. Landlord and Tenant agree that the fair market rental value for the use of the Premises is the sum of $0.39 per square foot of the total area of the Premises per annum totaling approximately Fifty Thousand Nine Hundred Sixty -Five Dollars ($50,965) annually based on the anticipated three (3) acre area of the Premises (the "Base Rent"); provided, however, the actual Base Rent shall be determined based on the actual total area of the Premises agreed upon by Landlord and Tenant as provided in Section 1.3. Except as otherwise provided herein, Base Rent will be paid by Tenant to Landlord in the availability of general firefighting services (structure fires, brush fires, rescue services, transport services, mass casualty and triage, ARFF assistance and response, disaster response, and other common events) (collectively, the "Services"), as needed. Certain rights, obligations, conditions, and requirements relating to such services are set forth on EXHIBIT "B" attached hereto. In the event that Tenant fails to continuously and uninterruptedly occupy and use, during the Lease Term following the Construction Completion Deadline, the Premises for the Permitted Use and provide all of the Services to Landlord (with any such period of time that Tenant fails to do so being referred to herein as a "Non -Service Period"), Tenant shall pay Base Rent to Landlord in lawful United States currency for the duration of any such Non -Service Period, as further provided ORLDOCS 17098498 16 herein. All Base Rent shall be payable in monthly installments, in advance, beginning upon the commencement of any Non -Service Period and continuing on the first day of each and every calendar month thereafter during the continuance of any Non -Service Period, prorated for any partial calendar months. Unless otherwise expressly provided, all monetary obligations of Tenant to Landlord under this Lease, of any type or nature, other than Base Rent, shall be denominated as additional rent. Except as otherwise provided, all additional rent payments are due ten (10) days after delivery of an invoice. Landlord shall have the same rights and remedies for defaults in the payment of additional rent as provided in this Lease for defaults in the payment of Base Rent. 5.2.2 Adjustment. All Base Rent payable hereunder shall be adjusted at the end of each five (5) year period during the Lease Term and any extensions, options or renewals. The annual Base Rent for each successive five (5) year period commencing on the first (1n day of the first (I') calendar month after the fifth (51) anniversary of the date that is the earlier of the Construction Completion Deadline and the date that Tenant commences provision of the Services at the Premises shall be adjusted to reflect an increase in accordance with fair market rate of the Premises; provided, however in no event shall the Base Rent for any successive five (5) year period be less than the Base Rent in effect for the period immediate prior to such successive five (5) year period (any determination of fair market rental rate for the Premises notwithstanding). If Landlord and Tenant cannot agree as to the fair market value of the Premises, then Landlord shall select one qualified appraiser and Tenant shall select one qualified appraiser and the two such appraisers shall select a third. The said appraisers shall then view the Premises and arrive at a fair market value of the Premises. In the event such appraisers do not agree, then the two highest appraisals will be averaged to establish fair market value and the rental formula will be applied to establish the rental for the five (5) year period. Any appraiser designated hereunder shall be a member of the American Institute of Real Estate Appraisers, the Society of Real Estate Appraisers, Master Appraisers Institute (M.A.I.) or other comparable real estate organization and shall be disinterested. 5.3 Net Lease. The Rent shall be absolutely net to Landlord, free of any expense, charge, or other deduction whatsoever as to the Premises or the ownership, leasing, operation, management, maintenance, repair, replacement, use or occupation of the Premises, or any portion of the Premises (including any and all fees and charges payable for the Premises and to any association established in connection with the Premises). Landlord shall not be required to furnish any service or facility whatsoever to the Premises, or make any payment of any kind whatsoever or be obligated or liable under this Lease, except as otherwise specifically set forth in this Lease. Tenant hereby assumes the full and sole responsibility for the condition, operation, repair, alteration, improvement, replacement, maintenance and management of the Premises and any portion of them, except as otherwise specifically provided for in this Lease. Tenant shall pay any documentary stamp taxes, intangible taxes, and any other taxes which might be owed in connection with this Lease and will indemnify, defend, and hold Landlord harmless from and against any claims relating to the payment, imposition or collection of such taxes, including attorneys' fees incurred by Landlord. Except as otherwise specifically provided in this Lease, (a) this Lease shall not terminate nor shall Tenant have any right to terminate this Lease; (b) Tenant shall not for any reason whatsoever be entitled to any abatement, deduction, deferment, suspension, or reduction of, or set-off, defense, or counterclaim against, any rent, charge, or other sums payable by Tenant under this Lease; and (c) except as otherwise specifically provided in this Lease, the respective obligations of Landlord and Tenant shall not be affected by reason of damage to or destruction of all or any portion of the Premises from whatever cause, any taking by condemnation, eminent domain or agreement between Landlord and those authorized to exercise such rights, the lawful or unlawful prohibition of Tenant's use of all or any portion of the Premises It is the intention of the Parties that the obligations of Landlord and Tenant under this Lease shall be separate and independent covenants and agreements and that the Rent and all other charges shall continue to be payable in all events unless the obligations to pay shall be terminated under the express provisions of this Lease. Tenant covenants and agrees that it shall remain obligated under this Lease in accordance with its terms, and that it will not take any action (except as expressly provided in this Lease) to terminate, cancel, rescind, or void this Lease for any reason whatsoever, including, any bankruptcy, insolvency, reorganization, composition, liquidation, dissolution, or other proceedings affecting Landlord or any assignee of, or successor to, Landlord, and notwithstanding any action as to this Lease that may be taken by a trustee or receiver of Landlord or any assignee of, or successor to, Landlord or by any court in any such proceeding. Notwithstanding the foregoing, the Tenant does not, in any respect with regard to the provisions of this Lease, pledge the ad valorem taxation of the Tenant to make any payment or satisfy any obligation under the provisions of this Lease. 6. ASSIGNMENT OR SUBLETTING. Tenant may not transfer any of its rights under this Lease, voluntarily or involuntarily, whether by merger, consolidation, dissolution, operation of law, or any other manner ORLDOCS 17098498 16 (any of which, a "transfer"), without Landlord's prior written consent, which may be withheld in Landlord's sole and absolute discretion. Without limiting the generality of the foregoing, Tenant may not sublease, assign, mortgage, encumber, permit the transfer of direct or indirect ownership or control of the business entity comprising Tenant, or permit any portion of the Premises to be occupied by third parties. Any transfer by Tenant in violation of this article shall, at Landlord's option, be void. The Landlord may not assign this Lease to a successor without the express written consent of the Tenant. 7. INSURANCE. 7.1 Tenant's Insurance. Subject to the provisions of Section 7.3, Tenant shall obtain and keep in full force and effect at a minimum the insurance coverages which it has in place on the Lease Commencement Date with the Florida League of Cities, utilizing an insurance fund known as Florida Mutual Insurance Trust ("FMIT"), or a program of a similar nature such as, but not limited to, Public Risk Management of Florida, relative to which the Tenant has disclosed such coverages to the Landlord. The Tenant shall continue to function under such coverages with the Florida League of Cities consistent with the administrative requirements thereof or those of a similar program relative to which the Tenant will provide notice and disclosures to the Landlord. At any reasonable time the Landlord may request the Tenant to provide a summary of the Tenant's liability insurance program, as has been accomplished prior to the execution of this Lease, and the Tenant shall promptly provide a summary. 7.2 Construction. Except for work to be performed by Landlord, before any Alterations are undertaken by or on behalf of Tenant, Tenant shall obtain and maintain, at its expense, or Tenant shall require any contractor performing work on the Premises to obtain and maintain, at no expense to Landlord, in addition to workers' compensation insurance as required by the law of the State in which the Premises are located, all risk builder's risk insurance in the amount of the replacement cost of the applicable Alterations (or such other amount reasonably required by Landlord), automobile and commercial general liability insurance (including contractor's liability coverage, contractual liability coverage, completed operations coverage, broad form property damage coverage, and contractor's protective liability) written on an occurrence basis with a minimum limit of $3 million per occurrence limit, which coverage limits may be effected with umbrella coverage. 7.3 Limitation of Liability. The Parties, as entities of Florida government, hereby, to the extent and limits authorized by controlling Florida law (Section 768.28, Florida Statutes), agree to indemnify and hold the other Party harmless against liability arising from the negligence of the Party negligently acting or failing to act. 8. DEFAULT. 8.1 Events of Default. Each of the following shall be an event of default under this Lease: (a) Tenant fails to make any payment of Rent when due and fails to provide the services in lieu of monetary Base Rent as required by Section 5.2, and such failure is not cured by Tenant within five (5) days of receipt of written notice from Landlord of such failure; (b) Tenant under this Lease becomes bankrupt or insolvent or makes an assignment for the benefit of creditors or takes the benefit of any insolvency act, or if any debtor proceedings are taken by or against Tenant; (c) Tenant abandons the Premises; (d) Tenant transfers this Lease in violation of this Lease; (e) Tenant fails to deliver an estoppel certificate or subordination agreement or maintain required insurance coverages within the time periods required by this Lease; (f) Tenant does not comply with its obligations to vacate the Premises under the terms of this Lease; or (g) Tenant fails to perform any other obligation under this Lease, and such failure is not cured by Tenant within ten (10) days of receipt of written notice from Landlord of such failure. 8.2 Remedies. If this Lease is rejected in any bankruptcy proceeding, Rent for the entire month in which the rejection occurs shall be due and payable in full and shall not be prorated. All rights, options and remedies of Landlord contained in this Lease shall be construed and held to be cumulative, and no one of them shall be exclusive of the other, and Landlord shall have the right to pursue any one or all of such remedies or any other remedy or relief which may be provided by law or in equity, whether or not stated in this Lease. 8.3 Late Charges, Interest, and Bad Checks. If any payment due Landlord shall not be paid within five (5) days of when due, then Tenant shall pay, in addition to the payment then due, an administrative charge equal to the greater of (a) 5% of the past due payment; or (b) $250. All payments due Landlord and not paid when ORLDOCS 17098498 16 due shall bear interest at the lesser of. (a) 18% per annum, or (b) the highest rate of interest permitted to be charged by applicable law, accruing from the date the obligation arose through the date payment is actually received by Landlord, including after the date of any judgment against Tenant. If any check given to Landlord for any payment is dishonored for any reason whatsoever not attributable to Landlord, then in addition to all other remedies available to Landlord, upon demand, Tenant will reimburse Landlord for all insufficient funds, bank, or returned check fees, plus an administrative fee not to exceed the maximum amount prescribed by law. In addition, Landlord may require all future payments from Tenant to be made by cashier's check from a local bank, ACH payments, or by Federal Reserve wire transfer to Landlord's account. 8.4 Presumption of Abandonment. It shall be conclusively presumed that Tenant has abandoned the Premises if Tenant fails to keep the Premises open for business during regular business hours for ten (10) consecutive days while in monetary default. Any grace periods set forth in this article shall not apply to the application of this presumption. 8.5 Jurisdiction and Venue. The parties irrevocably consent that any legal action or proceeding arising out of or in any way connected with this Lease may be instituted or brought in any court located in Seminole County, Florida, which shall be the exclusive jurisdiction and venue for litigation concerning this Lease. 8.6 Air Navigation. Tenant shall prevent any use of the Premises, which would interfere with or adversely affect the operation, maintenance or development of the Airport, or otherwise constitute a hazard to air navigation. Notwithstanding any provision of this Lease to the contrary, Tenant agrees that Landlord shall be entitled to self-help in the event of an immediate hazard to the flight of aircraft over the Premises or the health and wellbeing of the traveling public. Without limiting the generality of the foregoing, Tenant acknowledges that Landlord shall be entitled to enter the Premises and physically remove or mitigate the hazard, at Tenant's expense. In the event Tenant fails to promptly mitigate a hazard or adverse effects on air navigation following notification from Landlord, Tenant shall reimburse Landlord for any and all costs and expenses incurred by Landlord in exercising its self-help rights hereunder, plus a twenty-five percent (25%) administrative overhead fee, which costs, expenses and administrative overhead fee shall be due and payable within thirty (30) days of the date of the Landlord's written notice. Tenant acknowledges and agrees that the right of self-help shall be in addition to any and all remedies available under the law and this Lease, including immediate injunctive relief, both temporary and permanent, and the right of specific performance. 9. ALTERATIONS. 9.1 General. 9.1.1 "Alterations" shall mean any alteration, addition, or improvement to the Premises of any kind or nature, including the Initial Improvements. In addition to the requirements of this Section, any Alterations performed by or on behalf of Tenant at the Premises shall comply with the provisions of EXHIBIT «E» 9.1.2 Tenant's construction of initial improvements to the Premises (the "Initial Improvements") shall be subject to Landlord's review and consent, which consent shall not be unreasonably withheld. Landlord's review and consent shall include review by Landlord's Airport Design Review Committee ("DRC"), and Tenant shall comply with DRC's review and approval process and requirements. Landlord shall not be liable for any design defects relating to any Alterations. The Initial Improvements shall consist of a full-service fire station sufficient to provide the Services. Upon Landlord's final approval of the Initial Improvements, Tenant shall proceed diligently to construct the same and shall diligently pursue such construction to completion. Landlord shall have the right to terminate this Lease in the event that Tenant has not (a) commenced construction of the Initial Improvements on or before the Construction Commencement Deadline, or (b) completed construction of the Initial Improvements on or before the Construction Completion Deadline. 9.1.3 In conjunction with the approval process for the Plans for the Initial Improvements in accordance with the provisions of EXHIBIT "F", Tenant shall submit to Landlord a proposed site plan for the Premises showing the location of the Initial Improvements, adjacent parking areas, and any other associated paved and unpaved areas proposed to be part of the Premises (the "Premises Site Plan"). Upon ORLDOCS 17098498 16 Landlord's final approval of the Premises Site Plan, Tenant shall engage a land surveyor licensed in the State of Florida to create a boundary survey of the Premises as shown in the approved Premises Site Plan, together with a legal description and square footage measurement of same (the "Premises Survey"). Upon Landlord's approval of the Premises Survey, Tenant shall, upon request by Landlord, enter into an amendment to this Lease specifying such legal description as the legal description of the Premises for purposes of this Lease and specifying such square footage of the Premises as the square footage of the Premises for purposes of this Lease (including for purposes of establishing the Base Rent for the Premises). 9.1.4 The approval by Landlord of any Alterations and any approval by Landlord of any plans and specifications therefor shall not: (a) imply Landlord's approval of the plans and specifications as to quality of design or fitness of any material or device used; (b) imply that the plans and specifications are in compliance with any codes or other requirements of governmental authority (it being agreed that compliance with these requirements is solely Tenant's responsibility); (c) impose any liability on Landlord to Tenant or any third party; or (d) serve as a waiver or forfeiture of any right of Landlord. The Parties agree notwithstanding the foregoing, that the facilities of the Tenant will be, of necessity, designed to provide the Services in accordance with law and best practices. 9.2 Cooperation. Landlord agrees to cooperate reasonably with Tenant (including by timely signing applications) in obtaining any necessary governmental approvals for any work (including sign installation) that Tenant is permitted to perform under this Lease. Tenant shall, promptly upon receipt of them, furnish Landlord with copies of any and all written inspections, examinations, evaluations, studies, tests, surveys, reports, approvals, permits, or other written matters obtained by Tenant in connection with its improvements to or inspections of the Premises by Tenant or third parties. 9.3 Tenant's Costs/Title to Improvements. Tenant shall pay the entire cost of all Tenant's Improvements and Alterations, including the cost of all utility connections, capacity, concurrency and impact fees payable to any Governmental Authority imposing the same, including sewer, water, transportation, school, or educational facilities or land, park facilities or land, fire/EMS facilities or land, or service impact fees (collectively, the "Impact Fees"). Tenant may procure title insurance at its costs relating to the Premises and the Improvements owned by the Tenant. Title to the Tenant's Improvements and Alterations shall automatically vest in Tenant until the expiration or sooner termination of the Lease Term, whereupon title to the Tenant's Improvements and Alterations shall automatically pass to, vest in, and become the absolute property of the Landlord it being determined that the Improvements will be surplus at that time and that it serves and constitutes a public purpose to have the Improvements become the property of the Landlord. If requested, then Tenant will convey the Tenant's Improvements and Alterations to Landlord by quit claim deed upon the expiration or sooner termination of the Lease Term. 10. LIENS. Pursuant to the Florida Constitution and Section 11.066, Florida Statutes, the property of the State, the property of any State agency or municipality, or any monetary recovery made on behalf of the State or any State agency or municipality is not subject to a lien of any kind. Section 255.05, Florida Statutes, controls construction bonds relating construction projects of the Tenant. If any lien is filed against the Premises for work or materials claimed to have been famished to Tenant, then Tenant shall cause it to be discharged of record within twenty (20) days after notice to Tenant. Further, Tenant shall indemnify, defend, and save Landlord harmless from and against any damage or loss, including reasonable attorneys' fees, incurred by Landlord as a result of any liens or other claims arising out of or related to work performed in the Premises by or on behalf of Tenant. 11. ACCESS TO PREMISES/LANDLORD RIGHTS RESERVED. Tenant shall permit Landlord and its agents or representatives to enter the Premises upon reasonable prior notice (which notice may be by telephone or e-mail) to Tenant (or without notice in case of emergency) for the purpose of: (i) inspecting the Premises; and (ii) making any necessary repairs to the Premises and performing any work in the Premises that may be reasonable or necessary by reason of Tenant's failure, after the giving of any notice required under this Lease and the expiration of any applicable cure period, if any, to make any such repairs or perforce any such work. In the event of an emergency, or in order to protect life or property, Landlord may effect repairs by giving Tenant such notice as is reasonable under the circumstances (which notice may be by telephone or e-mail) but shall not be required to await the expiration of any notice or cure periods. Tenant may elect a designee of Tenant to accompany such agent or representative of Landlord. Nothing in this article or elsewhere in this Lease shall imply or impose ORLDOCS 17098498 16 any duty upon the part of Landlord to perform any repairs or do any work; and performance of any repairs or work by Landlord shall not constitute a waiver of Tenant's default in failing to perform them. 12. ENVIRONMENTAL LAWS. 12.1 Compliance with Laws. "Environmental Laws" shall mean all applicable environmental ordinances, rules, regulations, statutes, orders, and laws of all local, state, or federal agencies or bodies with jurisdiction over the Premises or the activities conducted on the Premises. Tenant's use of, and activities on, the Premises shall be conducted in compliance with all Environmental Laws and Landlord's Environmental Protection Policy attached as EXHIBIT "D", which shall be modified to address the Tenant as a unique tenant as the Tenant is a governmental entity. If any of Tenant's activities require the use of "hazardous" or "toxic" substances, as those terms are defined by any of the Environmental Laws, then Tenant represents and warrants to Landlord that Tenant has received all permits and approvals required under the Environmental Laws concerning the toxic or hazardous substances. The Parties shall maintain the Premises in complete compliance with the Environmental Laws and this Lease. 12.2 Tenant's Breach. If Tenant breaches any of its obligations contained in this article or fails to notify Landlord of the release of any hazardous or toxic substances from the Premises, then, in addition to all other rights and remedies available to Landlord, Landlord shall have the right to initiate a clean-up of the Premises, in which case Landlord shall be reimbursed by Tenant for, and indemnified by Tenant from, any and all costs, expenses, losses, and liabilities incurred in connection with the clean-up (including all reasonable attorneys' fees) by Landlord. In the alternative, Landlord may require Tenant to clean-up the Premises and to pay all costs incurred by Landlord in connection with Tenant's clean-up action. If Landlord shall have reason to believe that a hazardous or toxic substance has been discharged on the Premises by Tenant, its employees, agents, contractors, sublessees or licensees, then Landlord shall have the right, in its sole discretion, to require Tenant to perform periodically to Landlord's reasonable satisfaction (but not more frequently than annually unless an environmental complaint from applicable governmental authorities shall be then outstanding), at Tenant's expense, an environmental audit and, if deemed necessary by Landlord, an environmental risk assessment of: (a) the Premises, (b) hazardous substance management practices, and/or (c) hazardous substance disposal sites used by Tenant. Said audit and/or risk assessment must be by an environmental consultant reasonably satisfactory to Landlord. Should Tenant fail to perform any such environmental audit or risk assessment within thirty (30) days after Landlord's request, Landlord shall have the right to retain an environmental consultant to perform such environmental audit or risk assessment. All costs and expenses incurred by Landlord in the exercise of such rights shall be secured by this Lease and shall be payable by Tenant upon demand. The provisions of this Section are subject to the limitations of liability provisions of this Lease. 12.3 Ongoing Use of Hazardous Substances. If Tenant's operations require the ongoing use of hazardous or toxic substances, then Tenant shall supply Landlord with copies of reports and any other monitoring information required by the Environmental Laws. 12.4 Environmental Disclosure. Tenant acknowledges and understands that the Airport was previously used as a United States naval military base and is currently being used for a commercial airport. Certain chemicals or other environmental contaminants, such as petroleum, may be and may have been utilized at the Airport. Other tenants or third parties may have also used other chemicals or other contaminants within the boundary of the Airport. As a result, Landlord has cleaned up contamination as to certain areas of the Airport. Other areas remain subject to certain Site Rehabilitation Completion Order(s) with Institutional Controls ("SRCO'). Still others may be or in the future may become areas of investigation by the Florida Department of Environmental Protection ("FDEP"). The known SRCO's and any active areas of investigation/cleanup are available for review by the FDEP at https://floridadep.gov/. Tenant has bad an opportunity to review FDEP's records as would concern this particular Property, had an opportunity to conduct any due diligence it deems necessary and proper and has determined that the SRCO will not interfere with Tenant's peaceful use and enjoyment of the Premises in compliance with this Lease. Tenant understands that should it desire to modify the Premises, such alterations may necessarily involve the review of FDEP. 12.5 Survival. This article shall survive the expiration or sooner termination of this Lease. 13. CASUALTY DAMAGE ORLDOCS 17098498 16 13.1 General. This Lease shall not terminate or be forfeited or be affected in any manner by reason of damage to or total, substantial, or partial destruction of, the Premises or any part or parts of the Premises, or by reason of the untenantability of the Premises or any part of the Premises, for or due to any reason or cause whatsoever, and Tenant, notwithstanding any law or statute present or future, waives any and all rights related thereto to quit or surrender the Premises or any part of the Premises. Tenant expressly agrees that its obligations under this Lease, including the payment of any and all Rent, shall continue as though the Premises had not been damaged or destroyed and without abatement, suspension, diminution, or reduction of any kind. 13.2 Restoration. If the Premises shall be destroyed or damaged in whole or in part by fire or other casualty (including any casualty for which insurance was not obtained or obtainable) of any kind or nature, ordinary or extraordinary, foreseen or unforeseen, then Tenant shall give to Landlord immediate notice thereof, and Tenant shall promptly cause the Premises to be altered, restored, replaced, and rebuilt (collectively, the "Restoration") to substantially the condition in which it existed immediately prior to the damage (and as may also be required by governmental authorities). 13.3 Requirements. In connection with any Restoration, Tenant may make Alterations in accordance with and subject to the provisions of the Alterations article of this Lease. Landlord shall in no event be called upon to effect Restoration of the Premises or any portion of the Premises or to pay any of the costs or expenses of such Restoration. If Tenant shall fail or neglect to cause the Restoration of the Premises with reasonable diligence and in accordance with the other terms of this Lease, or having so commenced such Restoration shall fail to complete the same with reasonable diligence in accordance with (and within the time periods provided pursuant to) the terms of this Lease, or if prior to the completion of any such Restoration by Tenant, this Lease shall expire or be terminated for any reason, then Landlord may, after notice to Tenant as provided in the Default article, terminate this Lease. All work by Tenant shall be done in accordance with the applicable provisions of this Lease. 13.4 End of Term. If, during the last two (2) years of the Lease Term, the buildings or improvements shall be damaged by fire or other casualty, then Tenant shall have the option, to be exercised within 90 days after such event, to: (a) elect to repair or restore as provided above; or (b) promptly clear all debris and surrender possession of the Premises to Landlord and assign to Landlord (or, if already received by Tenant, pay to Landlord) all of its right, title, and interest in all of the proceeds from Tenant's casualty insurance applicable to the damage to the improvements, to the extent such proceeds are not allocable to clearing the debris and upon such assignment or payment to Landlord, Landlord and Tenant shall be relieved from any further obligations under this Lease except those that survive any such termination. 13.5 Override. The rights given Tenant under this article are in lieu of and override any rights that Tenant may have by statute or under other applicable law. Notwithstanding any provision of this Lease to the contrary, if the Tenant is unable to provide the Services required under this Lease to the Landlord due to the casualties or damages set forth in this Article, the Tenant shall be under no obligation to pay any rent or other payment to the Landlord until the Tenant's facilities have been repaired and provision of the Services by the Tenant to the Landlord recommence; provided, however, that the Tenant shall provide the Services, insofar as practicable, from an alternative location or locations. 14. CONDEMNATION. 14.1 Definition of Taking. For purposes of this article, any of the following three (3) events shall be deemed a "Taking": (a) if any part of the Premises is taken or condemned through the exercise of the power of eminent domain by any governmental or private board, body, or agency having the right to exercise such power except the Landlord; (b) if any part of the Premises is conveyed to any such condemning authority under threat of condemnation before or after proceedings have been commenced to acquire the property by the condemning authority; or (c) if a "Taking" is judicially declared in any proceeding in which Landlord and Tenant are parties. 14.2 Total Taking. In the event of a Taking of all of the Premises, this Lease shall terminate on the date on which possession of the Premises is delivered to the condemning authority (the "Condemnation Date") and Rent shall be apportioned and paid to the Condemnation Date. ORLDOCS 17098498 16 14.3 Partial Taking. If a Taking shall affect less than all but nevertheless a material portion of the Premises which will render the Premises unsuitable for restoration for continued use and occupancy by Tenant, then Tenant may, not later than ninety (90) days after such occurrence, deliver to Landlord (i) notice of Tenant's intention to terminate this Lease on a Business Day specified in such notice (the "Lease Termination Date"), which occurs not less than thirty (30) days after the delivery of such notice; provided, however, if the interest of Tenant under this Lease shall then be encumbered by a Leasehold Mortgage, the Leasehold Mortgagee shall have consented in writing to the giving of such notice, and (ii) a certificate of Tenant describing the event giving rise to such termination. Any dispute between the Parties as to whether the Taking renders the Premises unsuitable for restoration for continued use and occupancy by Tenant shall be settled by arbitration in accordance with the non -expedited procedures of the Commercial Arbitration Rules of the American Arbitration Association then in force, with the following exceptions. There shall be a single arbitrator selected by the American Arbitration Association who shall be independent of the Parties and shall have at least ten (10) years' experience in commercial leasing matters. Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction. The arbitrator must set forth in any award that he renders findings of fact and conclusions of law supporting the decision. The arbitration hearing will be held in Sanford, Florida. This Lease shall terminate on the Lease Termination Date, except as to obligations and liabilities of Tenant under this Lease, actual or contingent, that have arisen on or before the Lease Termination Date, upon payment of all Rent and other sums then due and payable under this Lease to and including the Lease Termination Date. 14.4 Allocation of Award. Landlord and Tenant agree that any award or compensation on account of a Taking will be allocated as follows: 14.4.1 Tenant shall be entitled to receive that portion of the award or compensation allocable to its leasehold estate and all awards for any improvements located on the Premises, subject to Landlord's right to receive the reversionary estate interest in such improvements; and 14.4.2 Landlord shall be entitled to receive that portion of the award or compensation allocable to its reversionary estate, as encumbered by this Lease. 14.5 Condemnation Proceedings. Each of Landlord and Tenant may appear in any such proceeding or action, to negotiate, prosecute, and adjust any claim for any award or compensation on account of any Taking as it relates to their respective interests in the Premises. All amounts paid in connection with any Taking of the Premises shall be applied pursuant to this article, and all such amounts are defined as the "Award." Landlord shall have no interest in any Award or any portion of it made as to Tenant's leasehold estate or the improvements, except as to its reversionary interest in them, all of which shall belong to and be paid to Tenant; provided that any claim or interest by Leasehold Mortgagee shall be deducted from Tenant's Award and shall not reduce any compensation granted to Landlord; and Tenant shall have no interest in any Award or any portion it made as to Landlord's reversionary estate. 14.6 Continuation. If a Taking of the Premises or any part of the Premises occurs but Tenant does not give notice of its intention to terminate this Lease as provided in this article, then this Lease shall continue in full force and effect. Any Award payable for such Taking shall be allocated between Landlord and Tenant in accordance with this article, and Tenant shall promptly repair and restore the Premises to the same condition (as nearly as practicable) as existed immediately before the Taking (assuming for this purpose that the Premises were in compliance with the terms of this Lease) and as required by then existing laws. In the event of any temporary Taking, this Lease shall remain in full force and effect and Tenant shall be entitled to receive the Award allocable to such temporary Taking; except that such portion of the Award allocable to the period after the expiration or termination of the Lease Term shall be paid to Landlord. 15. REPAIR AND MAINTENANCE. Landlord shall have no maintenance obligation concerning the Premises and no obligation to make any repairs or replacements, in, on, or to the Premises, unless caused by Landlord's negligence or misconduct. Tenant otherwise assumes the full and sole responsibility for the condition, operation, repair, replacement, and maintenance of the Premises, including all improvements, throughout the Lease Tenn. Tenant shall maintain the Premises and all improvements and buildings in good repair and in a clean, attractive, first-class condition. Tenant shall not commit or allow to be committed any waste on any portion of the Premises. Tenant's maintenance is to include the following: (a) maintaining the surfaces in a level, smooth and ORLDOCS 17098498 16 evenly -covered condition with the type of surfacing material originally installed or such substitute as shall in all respects be equal in quality, use, and durability and restriping, repairing and replacing of paved and parking areas; (b) removing all papers, mud and sand, debris, filth and refuse and thoroughly sweeping the area to the extent reasonably necessary to keep the area in a clean and orderly condition; (c) placing, keeping in repair and replacing any necessary appropriate directional signs, markers and lines; (d) operating, keeping in repair and replacing, where necessary, such artificial lighting facilities as shall be reasonably required; (e) maintaining all perimeter and exterior building walls including but not limited to all retaining walls in a good condition and state of repair; and (f) maintaining, mowing, weeding, trimming and watering all landscaped areas and making such replacements of shrubs and other landscaping as is necessary. 15.1.1 This Lease shall be subject and subordinate to all of the terms and conditions of any instrument and documents under which Landlord acquired the land, of which the Premises are a part, or improvements thereon, and shall be given only such effect as will not conflict with nor be inconsistent with such terms and conditions. Tenant understands and agrees that this Lease shall be subordinate to the provisions of any existing or future agreement between Landlord and the United States of America or State of Florida, or any of their agencies, relative to the operation or maintenance of the Airport, the execution of which has been or may be required as a condition precedent to the expenditure of state or federal funds for the development of the Airport. 15.2 Easements. Tenant agrees to join in, consent to, and comply with the terms of any utility and drainage easements granted in connection with the provision of services to the Premises. Without limiting any other provisions of this Lease, Tenant further agrees to join in and comply with all other rights, easements and restrictions of record. 16. INDEMNIFICATION. See, Section 7.3. 17. NO WAIVER. The failure of a party to insist on the strict performance of any provision of this Lease or to exercise any remedy for any default shall not be construed as a waiver. The waiver of any noncompliance with this Lease shall not prevent subsequent similar noncompliance from being a default. No waiver shall be effective unless expressed in writing and signed by the waiving party. No notice to or demand on a party shall of itself entitle the party to any other or further notice or demand in similar or other circumstances. The receipt by Landlord of any Rent after default on the part of Tenant (whether the Rent is due before or after the default) shall not excuse any delays as to future Rent payments and shall not be deemed to operate as a waiver of any then -existing default by Tenant or of the right of Landlord to pursue any available remedies. No payment by Tenant, or receipt by Landlord, of a lesser amount than the Rent actually owed under the terms of this Lease shall be deemed to be anything other than a payment on account of the earliest stipulated Rent due. No endorsement or statement on any check or any letter accompanying any check or payment of Rent will be deemed an accord and satisfaction. Landlord may accept the check or payment without prejudice to Landlord's right to recover the balance of the Rent or to pursue any other remedy. It is the intention of the parties that this article will modify the common law rules of waiver and estoppel and the provisions of any statute that might dictate a contrary result. 18. SERVICES AND UTILITIES. Landlord shall have no obligation to provide any utilities or services to the Premises. Tenant shall be solely responsible for and shall promptly pay all charges for water, electricity, or any other utility used or consumed in the Premises, including all costs associated with the provision of separate meters or submeters for the Premises. Landlord may at any time change the electrical utility provider for the Premises. To the extent permittable with its operational requirements, as determined by the Tenant, Tenant shall utilize the Airport's telecommunications systems and is not permitted to utilize any other telecommunications service provider, unless the Airport's telecommunications system is unavailable at the Premises. Tenant's payments to Landlord for telecommunications services shall be considered additional rent under this Lease and failure to timely pay shall be considered a default under this Lease. 19. GOVERNMENTAL REGULATIONS ORLDOCS 17098498 16 19.1 Tenant to Comply. Tenant shall promptly comply with all laws, orders, and regulations of all county, municipal, state, federal, and other applicable governmental authorities, and all recorded covenants and restrictions affecting the Premises, now in force or that may hereafter be in force, and shall faithfully observe, in the use of the Premises, all municipal and county ordinances and state and federal laws now in force or that may hereafter be in force, that shall impose any duty on Tenant concerning the Premises or the use or occupancy of the Premises, including all laws relating to fire and safety, and hazardous materials. 19.2 Licenses and Permits. Tenant shall obtain all licenses and permits from time to time required to enable Tenant to conduct its operations under this Lease. No failure of Tenant to obtain or maintain any licenses or permits, or extensions or renewals of them, shall release Tenant from the performance and observance of Tenant's obligations under this Lease. 20. SURVIVAL. Any liability or obligation of Landlord or Tenant arising during the Lease Term shall survive the expiration or earlier termination of this Lease, including, but not limited to, obligations and liabilities relating to (a) the condition of the Premises, and (b) the indemnification provisions of this Lease. 21. BROKER. Landlord and Tenant each represent and warrant that they have neither consulted nor negotiated with any broker or finder regarding the Premises. Tenant shall indemnify, defend, and hold Landlord harmless from and against any claims for commissions from any real estate broker with whom Tenant has dealt in connection with this Lease. Landlord shall indemnify, defend, and hold Tenant harmless from and against payment of any leasing commission due in connection with this Lease and any claims for commissions from any real estate broker with whom Landlord has dealt in connection with this Lease. The terms of this article shall survive the expiration or earlier termination of this Lease. 22. END OF TERM. Tenant shall surrender the Premises to Landlord at the expiration or sooner termination of this Lease or Tenant's right of possession in good order and condition, broom -clean, except for reasonable wear and tear. All Alterations made by Landlord or Tenant to the Premises shall become Landlord's property on the expiration or sooner termination of the Lease Term. On the expiration or sooner termination of the Lease Term, Tenant, at its expense, shall remove from the Premises all of Tenant's personal property that Landlord designates by notice to Tenant. Tenant shall also repair any damage to the Premises caused by the removal. Any items of Tenant's property that shall remain in the Premises after the expiration or sooner termination of the Lease Term, may, at the option of Landlord and without notice, be deemed to have been abandoned, and in that case, those items may be retained by Landlord as its property to be disposed of by Landlord, without accountability or notice to Tenant or any other party, in the manner Landlord shall determine, at Tenant's expense. The end of term may be modified as this Lease may be renewed or extended from time -to -time. 23. ATTORNEYS' FEES. Except as set forth in this Lease, the prevailing party in any litigation or arbitration arising out of or in any manner based on or relating to this Lease, including tort actions and actions for injunctive, declaratory, and provisional relief, shall be entitled to recover from the losing party actual attorneys' fees and costs, including fees for litigating the fees incurred and fees in connection with bankruptcy or appellate proceedings. In addition, if Landlord becomes a party to any suit or proceeding affecting the Premises or involving this Lease or Tenant's interest under this Lease, other than a suit between Landlord and Tenant, or if Landlord engages counsel to collect any of the amounts owed under this Lease, or to enforce performance of any of the agreements, conditions, covenants, provisions, or stipulations of this Lease, without commencing litigation, then the costs, expenses, and reasonable attorneys' fees and disbursements incurred by Landlord shall be paid to Landlord by Tenant. The obligations set forth herein shall be reciprocal. 24. NOTICES. 24.1 General Requirements. Except as otherwise expressly provided, any notice, demand, request, election, or other communication (a "Communication") required or permitted to be given or made to or by any party to this Lease or otherwise given or made under this Lease, shall be in writing. A Communication shall be deemed to have been delivered and received on the earlier of the day actually received (by whatever means sent, including means not authorized by this article) if received before 5:00 p.m. on a Business Day (or, if not received before 5:00 p.m. on a Business Day, on the first Business Day after the day of receipt) or, regardless of whether or not received after the following dates, (a) on the date of delivery or refusal of delivery, if by hand delivery; (b) on the first ORLDOCS 17098498 16 Business Day after having been delivered to a nationally recognized overnight air courier service (such as FedEx) for "next business day" delivery; or (c) on the third (31) Business Day after having been deposited with the United States Postal Service, Registered or Certified Mail, Return Receipt Requested; in each case addressed to the respective party at the party's Notice Address, which Notice Address may be changed by notice delivered to the other party in accordance with the terms of this article; provided that if Tenant has vacated the Premises or is in default of this Lease, then Communications may be delivered by any manner permitted by law for service of process. Notwithstanding the foregoing, any Communication which is in fact received, regardless of whether it is sent in compliance with the requirements of this article, shall be effective as of the date received. If any Communication is returned to the addressor because it is refused, unclaimed, or the addressee has moved, or is otherwise not delivered or deliverable through no fault of the addressor, then effective notice shall still be deemed to have been given. If there is more than one party constituting Tenant, then any Communication may be given by or to any one of them, and shall have the same force and effect as if given by or to all of them. 24.2 Notices by and to Lawyers. Any lawyer representing Landlord or Tenant may give any Communication under this Lease on behalf of the lawyer's client. Any Communication so given by a lawyer shall be deemed to have been given by the lawyer's client. Notwithstanding anything to the contrary in this Lease, any obligation to send a copy of a Communication to a party's lawyer shall only apply to Communications that are notices of a default under this Lease. 24.3 Section 83.20, Florida Statutes. Any notices required under Section 83.20, Florida Statutes, shall be deemed to have been fully given, made, sent, and received if sent in compliance with this article. 24.4 Change of Notice Address. Either party may change its Notice Address by notice to the other party. However, this will not permit a party to add additional persons to receive Communications or copies of Communications so that more than a maximum of two (2) persons are entitled to receive any Communication or copy of any Communication. 25. EXCUSABLE DELAY. For purposes of this Lease, the term "Excusable Delay" shall mean any delays due to strikes, lockouts, civil commotion, war or warlike operations, acts of terrorism, acts of a public enemy, acts of bioterrorism, epidemics, quarantines, invasion, rebellion, hostilities, military or usurped power, sabotage, government regulations or controls, inability to obtain any material, utility, or service because of governmental restrictions, hurricanes, floods, or other natural disasters, acts of God, or any other cause beyond the direct control of the party delayed. Notwithstanding anything in this Lease to the contrary, if Landlord or Tenant shall be delayed in the performance of any act required under this Lease by reason of any Excusable Delay, then provided notice of the Excusable Delay is given to the other party within five (5) days after its occurrence, performance of the act shall be excused for the period of the delay and the period for the performance of the act shall be extended for a reasonable period, in no event to exceed a period equivalent to the period of the delay. The provisions of this article shall not operate to excuse Tenant from the payment of Rent or from surrendering the Premises at the end of the Lease Term, or from the obligations to maintain insurance, and shall not operate to extend the Lease Term. Delays or failures to perform resulting from lack of funds or the increased cost of obtaining labor and materials shall not be deemed delays beyond the direct control of a party. 26. QUIET ENJOYMENT. Landlord covenants and agrees that, on Tenant's performing all of the other provisions of this Lease on its part to be performed, Tenant may peaceably and quietly hold and enjoy the Premises for the Lease Term without material hindrance or interruption by Landlord or any other person claiming by, through, or under Landlord, subject, nevertheless, to the terms, covenants, and conditions of this Lease and the Prime Lease. 27. TENANT'S REPRESENTATIONS. Tenant represents and warrants as follows: (i) Tenant has full power to execute, deliver, and perform its obligations under this Lease, (ii) The execution and delivery of this Lease, and the performance by Tenant of its obligations under this Lease, have been duly authorized by all necessary action of Tenant, and do not contravene or conflict with any provisions of the controlling provisions of State law, or any other agreement binding on Tenant, and (iii) The individual executing this Lease on behalf of Tenant has full authority to do so. ORLDOCS 17098498 16 28. LANDLORD'S REPRESENTATIONS. 28.1 Landlord's Representations. Landlord represents and warrants to Tenant as follows: (i) Landlord has full right and authority to enter into this Lease and perform Landlord's obligations under this Lease, (ii) This Lease is and shall be binding upon and enforceable against Landlord in accordance with its terms, and (iii) The transaction contemplated by this Lease will not result in a breach of, or constitute a default under, any agreement to which Landlord or the Premises are subject. 28.2 AS -IS. Except as set forth expressly in this article, Landlord does not make any warranties or representations concerning the Premises or any component of the Premises, including the zoning or other land use restrictions affecting the Premises, the compliance of the Premises or any part of the Premises with any governmental requirement, the use or existence, or prior use or existence, of hazardous materials on the Premises, or the accuracy or completeness of any statement or other matter previously disclosed to the Tenant. EXCEPT AS SPECIFICALLY PROVIDED FOR IN THIS LEASE, THERE ARE NO EXPRESS OR IMPLIED WARRANTIES GIVEN TO TENANT IN CONNECTION WITH THIS LEASE OR THE PREMISES. LANDLORD DISCLAIMS ANY AND ALL WARRANTIES OF MERCHANTABILITY, HABITABILITY, TENANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE. 28.3 Limitation of Remedies. Except as provided, Landlord shall have no liability or obligation as to any false or inaccurate representations or warranties contained in this Lease, and Tenant's sole right and remedy for Landlord's breach of the representations and warranties in this Article shall be to terminate this Lease. Should Tenant fail to terminate this Lease within such time period, Landlord shall have no liability or obligation as to any such representations or warranties. 29. RECORDATION. After the Date of this Lease, Tenant may record a memorandum of this Lease in a form attached to this Lease as EXHIBIT "F" provided Tenant pays all recording costs and that, before recording the memorandum, Tenant delivers a notice of termination of the memorandum (the "Termination") in the form attached to this Lease as EXHIBIT "G" executed by Tenant in recordable form terminating the memorandum to Landlord, to be held in trust by Landlord until such time as the Lease Term expires or terminates in accordance with the terms of this Lease, in which case Tenant agrees that Landlord shall have the right to record the Termination upon the termination or expiration of the Lease Term. 30. LANDLORD'S RESERVATIONS. The Airport shall at all times be subject to the exclusive control and management of Landlord consistent with the Prime Lease for so long as it is effect. Landlord may increase, reduce, improve, or otherwise alter the Airport, otherwise make improvements, alterations, or additions to the Airport. Landlord may also temporarily close all or portions of the Airport to make repairs or improvements. In addition, Landlord may temporarily close the Airport and preclude access to the Premises in the event of casualty, governmental requirements, the threat of an emergency such as a hurricane or other act of God, or if Landlord otherwise reasonably deems it necessary in order to prevent damage or injury to person or property. During time of war and national emergency, Landlord shall have the right to sublease the Airport property or any portion thereof, including the Premises, to the United States Government for military or naval use, and, if such sublease is executed, this Lease shall terminate and the Tenant shall be compensated for the loss of its Improvements. Landlord reserves the right to take any action it considers necessary to protect the aerial approaches of the Airport against obstruction and interference. Landlord reserves unto itself and its successors and assigns, for the use and benefit of the public, the right of flight for: (a) the passage of aircraft in, though, and across the airspace above the surface of the Premises, together with the right of the aircraft to make noise and exhaust emissions, light, vibrations, radio, television and other electromagnetic emissions and other effects as may be necessary for or incidental to the operation of aircraft; (b) navigation of or flight in said airspace; and (c) aircraft landing on, taking off from or operating at the Airport. Tenant on behalf of itself, and its subtenants, successors and assigns, hereby waives, releases and forever discharges the Landlord from all claims, demands, judgments, orders, awards, liabilities, costs, attorney's fees, causes of action, administrative proceedings and lawsuits of every kind, nature or description, whether known or unknown, fixed or contingent, which Tenant or any person claiming through or under it ever had, now has or hereafter may acquire, upon or by reason of the exercise of the rights reserved herein. It is further agreed that Landlord shall have no obligation whatsoever, now or at any time in the future, to avoid or mitigate damages arising as a result of the exercise of the rights reserved herein or the operation of the Airport. Tenant waives and releases from any liability resulting from Landlord exercising any of the rights under this section. None of the provisions of this article, or ORLDOCS 17098498 16 any actions taken and restrictions imposed by or at the direction of Landlord pursuant thereto, constitutes or shall be considered an eviction or disturbance of Tenant's quiet enjoyment and possession of the Premises. This Lease does not create, nor will Tenant have any express or implied easement for, or other rights to, air, light, or view over, from, or about the Premises. The above being said, if the Tenant's use of the Premises is eliminated hereunder, then the Tenant's obligation to provide the Services shall terminate. 31. AMERICANS WITH DISABILITIES. Tenant shall comply with the applicable requirements of the Americans with Disabilities Act, the State of Florida Accessibility Requirements Manual, and Section 504 of the Rehabilitation Act of 1973 and any similar or successor laws, ordinances, rules, and regulations, including cooperation with Landlord, concerning the same subject matter. 32. FEDERAL AVIATION ADNIINISTRATION. Tenant shall comply with, and this Lease is subject to, the requirements of the Federal Aviation Administration created by the Federal Government under the Civil Aeronautics Act of 1938 (the "FAA"). Without limiting the generality of the foregoing, Tenant acknowledges and agrees that it shall not be deemed unreasonable for Landlord to withhold consent to any Alterations determined to be a potential hazard to air navigation by Landlord. Landlord's obligation to deliver possession of the Premises to Tenant and the effectiveness of this Lease shall be contingent upon Landlord obtaining the consent of the FAA to this Lease. If Landlord is unable to obtain the consent of the FAA to this Lease, then Landlord shall take commercially reasonable corrective measures in order to obtain the FAA's consent. If, after Landlord's commercially reasonable efforts, FAA consent is not obtained, then this Lease shall be deemed terminated and of no further force or effect as of the date of such notice. Whenever the term "Federal Aviation Administration" or "FAA" is used in this Lease, it shall be construed as referring to the Federal Aviation Administration created by the Federal Government under the Civil Aeronautics Act of 1938, as amended, or to such other agency or agencies of the Federal Government having, from time to time, similar jurisdiction over airports of the nature to be operated by Landlord, including, but not limited to, the presently existing Federal Aviation Administration or its successors. 33. NON-DISCRDIINATION. 33.1 The Parties recognize that Tenant is a Florida municipality. However, Tenant, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that: 33.1.1 In the event facilities are constructed, maintained, or otherwise operated on the Premises for a purpose for which a Federal Aviation Administration activity, facility, or program is extended or for another purpose involving the provision of similar services or benefits, Tenant will maintain and operate such facilities and services in compliance with all requirements imposed by the nondiscrimination acts and regulations listed in the Nondiscrimination Authorities (as hereinafter defined), as may be amended, such that no person on the grounds of race, color, or national origin, will be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of said facilities. 33.1.2 No person on the ground of race, color, or national origin, will be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of said facilities. 33.1.3 In the construction of any improvements on, over, or under the Premises and the furnishing of services thereon, no person on the ground of race, color, or national origin, will be excluded from participation in, denied the benefits of, or otherwise be subjected to discrimination. 33.1.4 Tenant will use the Premises in compliance with all other requirements imposed by or pursuant to the Nondiscrimination Authorities. 33.2 In the event of breach of any of the above nondiscrimination covenants, Landlord shall have the right to terminate this Lease and to enter, re-enter, and repossess the Premises, and hold the same as if this Lease had never been made or issued. This Lease shall not be terminated pursuant to this section until the procedures of 49 CFR Part 21 are followed and completed, including, the exercise or expiration of appeal rights. ORLDOCS 17098498 16 33.3 For purposes of this section, the term "Non -Discrimination Authorities" includes, but is not limited to, the non-discrimination statutes, regulations and authorities listed in Appendix `B" of Appendix "4" of FAA Order 1400.11, Non- discrimination in Federally -Assisted Programs at the Federal Aviation Administration, as may be amended. 33.4 Tenant shall comply with pertinent statutes, Executive Orders and such rules as are promulgated to ensure that no person shall, on the grounds of race, creed, color, national origin, sex, age, or disability be excluded from participating in any activity conducted with or benefiting from Federal assistance. This provision obligates Tenant for the period during which Federal assistance is extended to the Airport through the Airport Improvement Program. In cases where Federal assistance provides, or is in the form of personal property; real property or interest therein; structures or improvements thereon, this provision obligates Tenant for the longer of the following periods: (a) the period during which the Premises is used by Landlord or any transferee for a purpose for which Federal assistance is extended, or for another purpose involving the provision of similar services or benefits; or (b) the period during which Landlord or any transferee retains ownership or possession of the Premises. 34. PUBLIC ENTITY CRIMES. As provided in Section 287.132-133, Florida Statutes, by entering into this Lease or performing any work in furtherance hereof, Tenant certifies that it, its affiliates, suppliers, subcontractors and consultants who will perform hereunder, have not been placed on the convicted vendor list maintained by the State of Florida Department of Management Services within the thirty-six (36) months immediately preceding the Effective Date. This notice is required by Section 287.133(3) (a), Florida Statutes. 35. SCRUTINIZED COMPANIES. As provided in Section 287.135, Florida Statutes, by entering into this Lease or performing any work in furtherance hereof, Tenant certifies that it, its affiliates, suppliers, subcontractors and consultants who perform hereunder, have not been placed on the Scrutinized Companies Activities in Sudan List or Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List created pursuant to Section 215.473, Florida Statutes, or on the Scrutinized Companies that boycott Israel List, or is engaged in a boycott of Israel, pursuant to Section 215.4725, Florida Statutes, or is engaged in business operations in Cuba or Syria. If Landlord determines, using credible information available to the public, that a false certification has been submitted by Tenant, this Lease may be terminated and a civil penalty equal to the greater of Two Million Dollars ($2,000,000) or twice the amount of this Lease shall be imposed, pursuant to Section 287.135, Florida Statutes. 36. GENERAL PROVISIONS. 36.1 Amendment. The Parties may amend this Lease only by a written agreement of the Parties that identifies itself as an amendment to this Lease and is of equal legal dignity herewith. 36.2 Interpretation. The words "including" and "include" and similar words will not be construed restrictively to limit or exclude other items not listed. 36.3 Severability. If any provision of this Lease is determined to be invalid, illegal, or unenforceable, then the remaining provisions of this Lease shall remain in full force, if the essential provisions of this Lease for each party remain valid, binding, and enforceable. 36.4 Conditions. There are no conditions precedent to the effectiveness of this Lease, other than those expressly stated in this Lease. 36.5 Counterparts. This Lease may be executed by the Parties signing different counterparts of this Lease, which counterparts together shall constitute the agreement of the Parties. Landlord and Tenant intend that faxed or PDF format signatures constitute original signatures binding on the Parties. 36.6 Binding Effect. This Lease shall bind and inure to the benefit of the heirs, personal representatives, and, except as otherwise provided, the successors and assigns of the Parties. ORLDOCS 17098498 16 36.7 Covenants. Each provision of this Lease shall be deemed both a covenant and a condition and shall run with the land. 36.8 Survival. Any liability or obligation of Landlord or Tenant arising during the Lease Term shall survive the expiration or earlier termination of this Lease. 36.9 Governing Law. The laws of the State of Florida, without giving effect to its choice -of - law principles, govern all matters arising under or relating to this Lease. 36.10 Radon Gas. The following notification is provided under Section 404.056(5), Florida Statutes: "Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county health department." 36.11 Corporate Seal. The City Seal set forth immediately below the signature of the individual executing this Lease on Tenant's behalf has been adopted by the Tenant as its City Seal in accordance with controlling law for the purpose of execution of this Lease and the City Seal has been affixed to this Lease as the seal of the city and not as the personal or private seal of the officer executing this Lease on behalf of the Tenant. 36.12 No Merger of Real Property Interests. The City of Sanford, Florida, a municipal corporation of Seminole County, Florida (the "City"), owns certain real property located in the City of Sanford, Seminole County, Florida and has granted Landlord the right to occupy, operate, control, maintain and use such real property pursuant to the terms of, inter alfa, that certain Airport Lease Agreement dated February 9, 2009 (referred to herein as the "Prime Lease"), such real property being commonly known as the Orlando Sanford International Airport, of which the Premises is a part. Pursuant to this Lease, Landlord is subleasing the Premises to the City as Tenant for a portion of the lease term remaining under the Prime Lease. The parties to this Lease do not intend to effect a merger of any estate created by this Lease or by the Prime Lease. 36.13 No Joint Venture. Any intention to create a joint venture or partnership relation between the Parties hereto is hereby expressly disclaimed. Landlord does not, in any way or for any purpose, become a partner of Tenant in the conduct of Tenant's operations, at the Premises or otherwise. Tenant does not, in any way or for any purpose, became a partner of Landlord's operations, at the Airport or otherwise. 36.14 Exhibits. All exhibits, riders, and addenda attached to this Lease shall, by this reference, be incorporated into this Lease. The following exhibits are attached to this Lease: LEASE RIDER EXHIBIT "A" — Sketch and/or Legal Description of the Premises EXHIBIT `B" — Firefighting Services Provisions EXHIBIT "C" — Rules & Regulations EXHIBIT "D" — Landlord's Environmental Protection Policy EXHIBIT `B" — Tenant Improvements EXHIBIT "F" — Memorandum of Lease EXHIBIT "G" — Termination of Memorandum of Lease 37. CONSTRUCTION; MERGER. THIS LEASE HAS BEEN NEGOTIATED "AT ARM'S- LENGTH" BY LANDLORD AND TENANT, EACH HAVING THE OPPORTUNITY TO BE REPRESENTED BY LEGAL COUNSEL OF ITS CHOICE AND TO NEGOTIATE THE FORM AND SUBSTANCE OF THIS LEASE. THEREFORE, THIS LEASE SHALL NOT BE MORE STRICTLY CONSTRUED AGAINST EITHER PARTY BECAUSE ONE PARTY MAY HAVE DRAFTED THIS LEASE. THIS LEASE SHALL CONSTITUTE THE ENTIRE AGREEMENT OF THE PARTIES CONCERNING THE MATTERS COVERED BY THIS LEASE. ALL PRIOR UNDERSTANDINGS AND AGREEMENTS HAD BETWEEN THE PARTIES CONCERNING THOSE MATTERS, INCLUDING ALL PRELIMINARY NEGOTIATIONS, LEASE PROPOSALS, LETTERS OF INTENT, AND SIMILAR DOCUMENTS, ARE MERGED INTO THIS LEASE, WHICH ALONE FULLY AND COMPLETELY EXPRESSES THE UNDERSTANDING OF THE PARTIES. THE PROVISIONS OF THIS LEASE MAY NOT BE EXPLAINED, SUPPLEMENTED, OR QUALIFIED THROUGH EVIDENCE OF TRADE USAGE OR A PRIOR COURSE OF DEALINGS. 38. NO RELIANCE. EACH PARTY AGREES IT HAS NOT RELIED UPON ANY STATEMENT, REPRESENTATION, WARRANTY, OR AGREEMENT OF THE OTHER PARTY EXCEPT FOR THOSE EXPRESSLY CONTAINED IN THIS LEASE. 39. EFFECTIVENESS. SUBMISSION OF THIS LEASE BY LANDLORD IS NOT AN OFFER TO ENTER INTO THIS LEASE BUT RATHER A SOLICITATION FOR SUCH AN OFFER BY TENANT. NEITHER PARTY IS BOUND BY THIS LEASE UNTIL BOTH PARTIES HAVE EXECUTED THIS LEASE. 40. JURY WAIVER; COUNTERCLAIMS. LANDLORD AND TENANT WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING, OR COUNTERCLAIM INVOLVING ANY MATTER WHATSOEVER ARISING OUT OF OR IN ANY WAY CONNECTED WITH (A) THIS LEASE, THE LANDLORD/TENANT RELATIONSHIP, OR THE PREMISES, (B) TENANT'S USE OR OCCUPANCY OF THE PREMISES, OR (C) THE RIGHT TO ANY STATUTORY RELIEF OR REMEDY. THE PARTIES WAIVE THEIR RIGHT TO INTERPOSE ANY PERMISSIVE COUNTERCLAIM OF ANY NATURE IN ANY ACTION OR PROCEEDING COMMENCED BY THE OTHER PARTY. THE WAIVERS SET FORTH IN THIS ARTICLE ARE MADE KNOWINGLY, INTENTIONALLY, AND VOLUNTARILY. 41. DISPUTES. The Parties shall proceed in accordance with the provisions of Chapter 164, Florida Statutes, (the "Florida Governmental Conflict Resolution Act") in the event of any dispute arising between the Parties. [SIGNATURES ON NEXT PAGE] ORLDOCS 17098498 16 IN WITNESS WHEREOF, this Lease has been executed on behalf of Landlord and Tenant as of the Date of this Lease. ATTEST: TEST: b� aci Houc A , City Clerk, MMC, FCRM Apprhyau as to form and legal sufficien William L. Colbert City Attorney ORLDOCS 17098498 16 LANDLORD: SANFORD AIRPORT j)Yj-D&&t-01- - AM hairma of the Board Date:_ q-5-a,001r�). TENANT- ITY O� /v By: Art Woodruff, Ma or Date: �14 - LEGAL DESCRIPTION AND/OR SKETCH OF THE PRENUSES A PARCEL OF LAND LYING IN SECTIONS 8 AND 9, TOWNSHIP 20 SOUTH, RANGE 31 EAST, SEMINOLE COUNTY, FLORIDA BEING DESCRIBED AS FOLLOWS: COMMENCE AT THE EAST 1/4 CORNER OF SAID SECTION 8, THENCE ALONG THE SOUTH LINE OF THE NE 1/4 OF SAID SECTION 8, SOUTH 89'46'31" WEST, A DISTANCE OF 370.20 FEET; THENCE DEPARTING SAID SOUTH LINE RUN NORTH 00'10'06" WEST, A DISTANCE OF 15.00 FEET TO A POINT LYING ON THE NORTH RIGHT—OF—WAY LINE OF MARQUETTE ROAD PER SEMINOLE COUNTY RIGHT—OF—WAY MAP PROJECT NO. PS -137, DATED 12/95, SAID POINT BEING THE POINT OF BEGINNING; THENCE LEAVING SAID NORTH RIGHT—OF—WAY LINE RUN NORTH 00'10'06" WEST PARALLEL 11TH THE EAST LINE OF THE NE 1/4 OF SAID SECTION 8, A DISTANCE OF 275.00 FEET; THENCE RUN NORTH 89'46'31" EAST PARALLEL WITH THE SOUTH LINE OF THE NE 1/4 OF SAID SECTION 8, A DISTANCE OF 370.20 FEET TO A POINT LYING ON THE EAST LINE OF THE NE 1/4 OF SAID SECTION 8; THENCE LEAVING SAID EAST LINE RUN NORTH 89'29'40" EAST PARALLEL WITH THE SOUTH LINE OF THE NW 1/4 OF AFORESAID SECTION 9, A DISTANCE OF 105.00 FEET; THENCE RUN SOUTH 00'1006" EAST PARALLEL WITH THE EAST LINE OF THE NE 1/4 OF SAID SECTION 8, A DISTANCE OF 275.00 FEET TO A POINT LYING ON THE AFORESAID NORTH RIGHT—OF—WAY UNE OF MARQUETTE ROAD; THENCE ALONG SAID NORTH RIGHT—OF—WAY LINE SOUTH 89'29'40" WEST PARALLEL WITH THE SOUTH UNE OF THE NW 1/4 OF SAID SECTION 9, A DISTANCE OF 105.00 FEET TO A POINT LYING ON THE EAST LINE OF THE NE 1/4 OF SAID SECTION 8; THENCE CONTINUE ALONG SAID NORTH RIGHT—OF—WAY LINE SOUTH 89'46'31" WEST PARALLEL WITH THE SOUTH LINE OF THE NE 1/4 OF SAID SECTION 8, A DISTANCE OF 370.20 FEET TO THE POINT OF BEGINNING. CONTAINING 130,680 SQUARE FEET or 3.00 ACRES MORE OR LESS. TN11 uNE 1ra1111;l E R*AD M 89'46'31' E 370.20' 'd 0010006` 7! 15.00' ( S89'46'31'W 710.20' 5 89'-6'31"" tib' 370.20' a� (BEARlNG 3ZIST 1 u NQRTH R/w UME C NAROUETTE RO.ia ORLDOCS 17098498 16 SIPES AVENUE (� r,ER SEMh:CiE'.hmm ajH NAP PROXC7 N6 PE -137 'AIM 12/95 LINE OF THE NE 1/4 OF EEC a. 7245. R31E ' 31?,tcor I E 0'W 105.00+ 5 59'29'40" W t — NOM 311i UNE 0 MARCUERE ROAD uNE cr rrE Nw 1/4 OF TNS, 4s;E Poc E t/4 CCAVEi CF SEC a. T.CS RSE AY) y 1/4 CW CF SEC S.'=& RJ'E m y 1 y C I C {4 m a o m I m 1 ' U � CCNTANNO; 130,680 SC FT Gn chi °n ct 3.m AciEE a ` n G O MARQUETTE ROAD w (30' mcHT—ZF—WAY) F£R sul'<LE C!'UNTY krM VAP PRO.EC T No PS -137 ;:ATET1 17/0`- rn m t i 'd 0010006` 7! 15.00' ( S89'46'31'W 710.20' 5 89'-6'31"" tib' 370.20' a� (BEARlNG 3ZIST 1 u NQRTH R/w UME C NAROUETTE RO.ia ORLDOCS 17098498 16 SIPES AVENUE (� r,ER SEMh:CiE'.hmm ajH NAP PROXC7 N6 PE -137 'AIM 12/95 LINE OF THE NE 1/4 OF EEC a. 7245. R31E ' 31?,tcor I E 0'W 105.00+ 5 59'29'40" W t — NOM 311i UNE 0 MARCUERE ROAD uNE cr rrE Nw 1/4 OF TNS, 4s;E Poc E t/4 CCAVEi CF SEC a. T.CS RSE AY) y 1/4 CW CF SEC S.'=& RJ'E EXHIBIT "B" FIREFIGHTING SERVICES PROVISIONS The following shall be the provisions of general firefighting services provisions: • To assist with Incident Command at any emergency incident requiring the utilization of the Incident Management System. • Response to Hazardous Material incident involving spills, chemical, biological, radiological, nuclear, and explosive events. • Provide rehabilitative services to emergency crews after working a prolonged incident. • Respond, Investigate, and mitigate any automatic/ mechanical fire alarms, structure, and vehicle fires. • Provide search and rescue efforts involving structural fires. • Respond to elevator rescue emergencies. • Assist and support Airport Rescue and Firefighting (ARFF) units as needed. • Respond and provide emergency medical services to any medical emergency including motor vehicle accidents. • Respond and mitigate any brush/wildland/rubbish/ trash fire emergencies. • Mitigate and assist with mass casualty and multi victim incidents, including the triage, treatment and emergency transport of victims as necessary. • Respond to incidents involving flammable gases / liquids, and complaints of smoke odors. • Respond to incidents involving suspicious powder/ substance. • Assist with Law Enforcement Agencies (LEA) with active shooter events. • Assist LEA with bomb threats, suspicious packages, and post blast incidents. • Respond and provide rescue for special operations emergencies involving high angle/ below grade rescues, trench/ excavation rescues, confined space rescues, patient extrication involving industrial machinery / vehicles, and structural collapse rescue. • Provide rescue and body recovery efforts for a variety of water related incidents or environments. ORLDOCS 17098498 16 I q:I RULES & REGULATIONS In addition to the current Airport Rules and Regulations that are incorporated herein, Tenant acknowledges that they will comply with any additional Rules and Regulations set forth below: 1. No automobile, truck, motorcycle, or vehicle of any type will be allowed at T-Hangar/Tie-Down taxi -lanes unless specifically authorized by the President/CEO of the Airport or his or her designated representative through the issuance of a ramp permit. All unauthorized vehicles will be parked in areas outside of the fence around the T -Hangar Area. A temporary ramp permit may be issued by Landlord to Tenant in the event that Tenant desires to escort another vehicle into the T-Hangar/Tie-Down Areas. The temporary ramp permit must be displayed on the visitor's rearview mirror at all times while inside any secured area. Authorized vehicle access to or from the T-Hangar/Tie-Down Areas shall be via the access Gate #87-E located on Carrier Avenue. Authorized vehicles are restricted to the immediate T -Hangar Area only. The speed limit within the T -Hangar Area shall not exceed 15 m.p.h. for all aircraft and authorized vehicular traffic. Repeated speeding violations are cause for immediate termination of this Lease. In addition, the presence of unauthorized vehicles on the ramp may result in one or more of the following: (a) immediate removal of the vehicle; if the owner is unable to move the vehicle immediately, Landlord may have the vehicle towed away at Tenant's expense; (b) monetary fines for Airport parking violations; (c) revocation of ramp permit, at the discretion of the President/CEO or his or her designated representative; (d) security badge deactivation — ramp access denied, at the discretion of the President/CEO or his or her designated representative; and/or (d) termination of this Lease. 2. Tenant's Airport security badge must be worn above the waist and below the shoulder on the outermost garment at all times while inside any secured area. Failure to adhere to this regulation may result in one or more of the following: (a) monetary fines for Airport security violations; (b) security badge deactivation — ramp access denied, at the discretion of the President/CEO or his or her designated representative; and/or (c) termination of this Lease. 3. If Tenant loses any keys or access badges provided by Landlord for access to the Premises, then Tenant shall be responsible for the cost of replacing the lost keys or access badges and the re -keying or re -coding of the Premises access system. 4. Landlord reserves the right to charge Tenant an administrative fee of $50.00 per violation of the foregoing rules, or to take any actions necessary to ensure compliance, including, without limitation, the right to terminate this Lease as a result of any violations. Tenant acknowledges receipt of the current Airport Rules and Regulations. ATTEST: TENANT: CITY OF SANFORD 0 By: Traci Hou1 Clerk, MM1, FC/R1Mv Art Woo ff, Ma or GAA 10 l t 0�Date: L Appr ed as to form and legal sufficiency. William L. Colbert City Attorney ORLDOCS 17098498 16 4:1 ITFOIN Sanford Airport Authority Environmental Protection Policy Lease 20 `; 1L The Sanford Airport Authority recognizes and strongly supports protection of the environment and adherence to federal, state and local laws, regulations and policies enacted for the protection and enhancement of the natural environment. It shall be the policy of the Sanford Airport Authority to hold the tenant or user of the airport property responsible for environmental hazards or liability created by their activity at the Airport. Such liability includes, but is not limited to, fines, legal fees, consultant fees and all other costs required to operate or bring into compliance any activity, use or occupancy of Airport property which creates an environmental violation or hazard. Tenant specifically agrees to be responsible to the Authority for all matters stated herein. With promulgation of this policy, it is clearly the intent of the Sanford Airport Authority to support and enhance responsible industrial activities which may incidentally create low risk, low volume quantities of environmentally hazardous or toxic materials. All such activities shall be reviewed on a case by case basis and continuously monitored by the tenant and the Authority. Such activities would generally include: 1) Proper handling and storage of oils, fuels, lubricants or equivalent products. 2) Permitted handling and storage of solvents, cleaners, paints and related cleaners. 3) Regulated storage of explosives and or related products. Any proposed use of Airport property for handling of high risk or high volume hazardous or toxic materials will be reviewed on a case by case basis and maybe disapproved if deemed incompatible with Airport needs, standards or goals. Such higher risk or higher volume activities could include: 1) Handling or use of radioactive materials. 2) Dumping on Airport property. 3) Waste incineration on Airport property. 4) Hazardous or toxic waste storage on Airport property. All tenants or users of Airport property who are involved in the use, storage, manufacture or recycling of regulated materials or substances are required to be insured in order that the Sanford Airport Authority and the City of Sanford are indemnified against environmental risk. In addition to insurance or deposit covering financial loss, the Authority independently may also require the development of an emergency plan which covers the Airport tenant's or user's action in the event of an environmental emergency. It shall be the ongoing responsibility of each tenant or user of Airport property to maintain all required insurance, licenses, records, permits or training standards in line with all applicable governmental requirements. Tenant shall deliver to the Authority insurance of non -renewal notices upon receipt of such notice in regard to all required insurance. The Authority may commence environmental clean- up activities thereunder or utilize such deposits or insurance proceeds as may be available to bring an offending activity into compliance. [SIGNATURE ON NEXT PAGE] ORLDOCS 17098498 16 ACKNOWLEDGED AND AGREED TO THIS - DAY OF , 202 ATTEST: TENANT: CITY OF SANFORD ea -tv D By: aci Hone i , Ci Clerk, MMC, ICRM Art Woodruff, Mayor Date: Appr as to form and legal suffici cy. f i Liam L. Colbert City Attorney ORLDOCS 17098498 16 a� k 14A 0 Q17, IS -I-1 TENANT MPROVEMENTS Ground Lease 1. Tenant's Work/Plans. Tenant shall, at its sole cost and expense, perform all work necessary or desirable for Tenant's occupancy of the Premises (the "Tenant's Work or Improvements"). Prior to performing any Tenant's Work or Improvements, Tenant shall furnish to Landlord, for Landlord's written approval, two complete permit sets (final construction drawings) of plans and specifications for the Tenant's Work (the "Plans"). The Plans shall include the following: fully dimensioned architectural plan; electric/telephone outlet diagram; reflective ceiling plan with light switches; mechanical plan; furniture plan; electric power circuitry diagram; plumbing plans; all color and finish selections; all special equipment and fixture specifications; and fire sprinkler design drawings. Tenant shall submit the approved Plans to applicable building authorities for permit within five (5) days following Landlord's approval and Tenant shall thereafter diligently pursue obtaining its building permits. The Plans will be prepared by a licensed architect and the electrical and mechanical plans will be prepared by a licensed professional engineer. The Plans shall be produced on CAD. The architect and engineer will be subject to procurement under the controlling provisions of State law. The Plans shall comply with all applicable laws, ordinances, directives, rules, regulations, and other requirements unposed by any and all governmental authorities having or asserting jurisdiction over the Premises. Landlord shall review the Plans and either approve or disapprove them within a reasonable period of time. If Landlord disapproves them, then Tenant shall make any necessary modifications and resubmit the Plans to Landlord in final form within ten (10) days following receipt of Landlord's disapproval of them. Tenant shall thereafter diligently pursue: (i) the procurement of services necessary for construction, (ii) obtaining its building permits for the Tenant's Work, and (iii) submit for and obtain approval of the FAA pursuant to FAR Part 77. The approval by Landlord of the Plans or any similar plans and specifications for any other improvements or the supervision by Landlord of any work performed on behalf of Tenant shall not: (a) imply Landlord's approval of the quality of design or fitness of any material or device used; (b) imply that the Plans are in compliance with any codes or other requirements of governmental authority; (c) impose any liability on Landlord to Tenant or any third party; or (d) serve as a waiver or forfeiture of any right of Landlord. Additionally, Tenant shall comply with DRC's review and approval process and requirements for the Tenant's Work and the Plans. Tenant's Work shall be constructed by a general contractor selected and paid by Tenant procured in accordance with State law. Tenant or its contractor shall obtain a payment and performance bond. A copy of the bond, the contractor's license(s) to do business in the jurisdiction(s) in which the Premises are located, the fully executed contract between Tenant and the general contractor, the general contractor's work schedule, list of all subcontractors, and all building or other governmental permits required for the Tenant's Work shall be delivered to Landlord before commencement of the Tenant's Work. Tenant shall cause the Tenant's Work to be completed promptly and with due diligence. Tenant's Work shall be performed in accordance with the Plans and shall be done in a good and workmanlike manner using new materials in accordance with building standards. All work shall be done in compliance with all other applicable provisions of this Lease and with all applicable laws, ordinances, directives, rules, regulations, and other requirements of any governmental authorities having or asserting jurisdiction over the Premises, including the making of any alterations or improvements to the Premises which are required to comply with the ADA. Tenant shall pay any impact, utility, or similar fees or assessments (including sales taxes) arising from the Tenant's Work or occupancy. Before the commencement of any work by Tenant, Tenant shall furnish to Landlord certificates evidencing the existence of builder's risk, commercial general and auto liability, and workers' compensation insurance complying with the requirements for contractors set forth in the Alterations article of this Lease, or as otherwise required by Landlord. Any damage to any part of the Airport that occurs as a result of Tenant's Work shall be promptly repaired by Tenant. 2. Compliance. Tenant shall also ensure compliance with the following requirements concerning construction, including all future Alterations: (a) Tenant and all construction personnel shall abide by Landlord's job site rules, requirements, and regulations (whether supplemental or additional to the requirements set forth in this Lease), and fully cooperate with Landlord's construction representatives in coordinating all construction activities at the Airport. (b) Landlord shall have the right to inspect any Work at all times during normal working hours and to maintain at the Premises for that purpose (at its own expense) such inspector(s) as it may deem necessary so long as such inspections do not interfere with Tenant's Work (but Landlord shall not thereby assume any responsibility for the proper performance of the Work in accordance with the terms of this Lease, nor any liability arising from the improper performance thereof). Landlord, or its agents, shall not have the right to direct Tenant's contractor or subcontractors to take any action, and shall only communicate such requests to Tenant or to Tenant's onsite project manager. ORLDOCS 17098498 16 (c) Tenant shall be responsible for cleaning up any refuse or other materials left behind by construction personnel at the end of each workday. (d) Tenant shall deliver to Landlord all forms of approval provided by the appropriate local governmental authorities to certify that the Tenant Improvements have been completed and the Premises are ready for occupancy, including original building permit and a final, unconditional Certificate of Occupancy or its equivalent, including a Certificate of Completion or Certificate of Final Inspection. (e) Workers shall provide their own temporary toilet facilities, trash facilities, water coolers, and construction materials dumpsters and shall locate them along with any construction trailers or field offices in areas specifically designated by Landlord. (f) Landlord shall have no obligation to provide temporary utilities. The contractor shall make all utility connections, furnish any necessary extensions, and promptly and professionally remove such connections and extensions on completion of work. (g) All workers must stay in their designated work areas and the use of radios, loud music, alcoholic beverages, narcotics, or smoking of any kind is prohibited at the Premises, whether electronic or otherwise. (h) Prior to commencement by Tenant of any Work on the Premises, Tenant shall take any action required under Florida law to protect the Premises and Landlord's interest therein from claims for mechanics' liens. (i) Upon completion of the Tenant Improvements, Tenant shall also deliver to Landlord two complete copies of each of the following: (i) "as -built" construction documents in PDF file format on CDs; (ii) general contractor's one-year warranty and subcontractor warrantees, as well as factory warrantees on equipment installed; (iii) fire sprinkler system permit set of drawings (if required by governmental authorities); (iv) final payment application from general contractor; and (vi) documentation from the applicable governmental agency evidencing that all final inspections have been completed and all building and other governmental permits have been closed and evidence that any Notice of Commencement filed in connection with the Tenant Improvements has been duly terminated. ORLDOCS 17098498 16 This Instrument Prepared by and Should be Returned to: Brett Renton, Esquire SHUTTS & BOWEN LLP 300 S. Orange Ave., Suite 1600 Orlando, Florida 32801 MEMORANDUM OF LEASE This is a memorandum of the followinggl�ease (the "Lease"): 1. The Lease is made as of J ` 20 Z 2. The name of the landlord in the Lease is SANFORD AIRPORT AUTHORITY, a special district of the State of Florida, a Florida corporation (the "Landlord") whose address is 1200 Red Cleveland Boulevard, Sanford, Florida 32773. 3. The name of the tenant in the Lease is CITY OF SANFORD, a municipal corporation of the State of Florida (the "Tenant") whose address is City Hall, 300 North Park Avenue, Sanford Florida 32771. 6. Landlord is the prime tenant of that certain real property, and the improvements on it, located at Zi3qo WD i duet TA Sanford, Seminole County, Florida, more particularly described on EXEMIT "A" attached to this Memorandum (the "Property"). . SG�7. The Lease Term (as defined in the Lease) is for a term of thirty (30) years and commences on the Leas 3�� Commencement Date as specified in the Lease. 8. For and in consideration of the mutual covenants, agreements, and conditions set forth in the Lease, Landlord leases to Tenant and Tenant leases from Landlord, upon all terms and conditions of the Lease, the Premises, as more particularly described in the Lease. The Premises is the entirety of the Property. The Lease contains the following provision: "Pursuant to the Florida Constitution and Section 11.066, Florida Statutes, the property of the State, the property of any State agency or municipality, or any monetary recovery made on behalf of the State or any State agency or municipality is not subject to a lien of any kind" 10. The Lease is expressly subject to approval by the Federal Aviation Administration. 11. This Memorandum of Lease is executed and delivered by Landlord and Tenant solely for the purpose of recording, in the Public Records of Seminole County, Florida, notice of the existence of the Lease, and, consequently, nothing contained in this Memorandum shall be construed to change or alter the terms, conditions, or provisions of the Lease and reference shall be made to the Lease itself for its terms, conditions, and provisions and the intent of Landlord and Tenant regarding the leasing of the Premises demised by the Lease. In the event of any inconsistency between the terms of this Memorandum of Lease and the terms of the Lease, the terms of the Lease shall control. 12. On the expiration of sooner termination of the Lease Term, Landlord and Tenant shall execute a notice of termination in recordable form stating that the Lease is of no finther force or effect. In furtherance of Tenant's obligations under the Lease, Tenant will have delivered to Landlord a Termination of Memorandum of Lease (the "Termination") executed by Tenant in recordable form, terminating this Memorandum. The Termination is to be held in trust by Landlord until such time as the Lease Term expires or terminates in accordance with the terms of this Lease, in which case Tenant agrees that Landlord shall have the right to date and record the Termination upon the termination or expiration of the Lease Term and such Termination shall be effective upon recording and no party shall have any duty to make further inquiry as to the effectiveness of the Termination. ORLDOCS 17098498 16 13. This Memorandum of Lease may be executed in any number of counterparts, each of which shall be deemed an original, and all of which, when taken together, shall be deemed to be one and the same document. Signature pages may be taken from a counterpart and attached to other counterparts to form one document, which shall constitute a fully executed document that may be recorded. IN WITNESS WHEREOF, Landlord and Tenant have caused this Memorandum of Lease to be duly executed as of then day of , 20.2,1 - ATTEST: ATTEST: LANDLORD: SANFORD AIRPORT AUTHORITY airm the Board Date: - 5 - ?1-b ?4- T0 V By: ��raHo in, ity Clerk, C, FCRM fr n Art Dati uyaC—��ci f o 1 1c Approve8d as to form and legal suf ciency. 'William L. Colbert City Attorney ORLDOCS 17098498 16 EXHIBIT A TO EXMIBIT "F" LEGAL DESCRIPTION TO MEMORANDUM OF LEASE (see attached) ORLDOCS 17098498 16 EXHIBIT "G" TERMINATION OF MEMORANDUM OF LEASE This Instrument Prepared by and Should be Returned to: SANFORD AIRPORT AUTHORITY 1200 Red Cleveland Boulevard Sanford, Florida 32773 TERMINATION OF MEMORANDUM. OF LEASE The undersigned, SANFORD AIRPORT AUTHORITY, a special district of the State of Florida, a Florida corporation (the "Landlord"), and CITY OF SANFORD, a municipal corporation of the State of Florida (the "Tenant'), hereby terminate that certain Memorandum of Lease between the undersigned recorded in Official Records Book , Page , in the Public Records of Seminole County, Florida, effective as of the date set forth below. Dated effective this day of , 20 ATTEST: LANDLORD: SANFORD AIRPORT AUTHORITY NAME NAME Secretary/Treasurer Chairman of the Board Date: Approved as to form and legality: Kenneth W. Wright, Esquire General Counsel ATTEST: TENANT: CITY OF SANFORD 4 4 Traci Houchin City Clerk MMC FC Aft �W6,64ff Mayor :.•... 27 v �.`K�•'' qtr �-�, ;; '; ;',� •' tl Approved as to form and legal sufficien �' `.•'� PP g William L. Colbert City Attorney ORLDOCS 17098498 16