HomeMy WebLinkAboutbocc.con.161.2012. _,... .».9a+w+. .��.mh�a��, � �. �.�_ , m k�-�..re,mwrwwn. ..ww�eaw�wn . .. ... a..,�-�r..,_x r.._ .-,� . .. _. _ _ . . . _ . ... .
COUNTY CLERK'S
CONTRACT COVERSHEET
CONTRACT #: 161-2012
ORIGINATING DEPARTMENT: Airport
PROCUREMENT OFFICER: Steven Schultz PHONE #: 9704292858
Rev. OS-30-11 jls
�G�2.3�G. �4��TIV / i�
PROJECT NAME: Patio Shelter � CONTRACTOR: Steven Gantz
DOLLAR AMOUNT: 1 839.99 LINE ITEM # 404.67.00000.65245
CONTRACT EXECUTION DATE: 6/21/2012 CONTRACT END DATE: 9/30/2012
AUTOMATIC RENEWAL: ❑ YES � NO TERM: 7/1/2012 - 9/30/2012
❑ BOCC AGENDA ITEM (Grants, IGA) � STAFF AUTHORIZED SIGNATURE
(Requires BOCC Signature) (Per Revised Procurement Code 7/2005)
❑ OVER $50,000 (Requires Section Leader & County Manager's Signature)
✓ CHECK PROCUREMENT TYPE:
❑ None � Informal ❑ Formal ❑ Sole Source ❑ Emergency ❑ Outside Agency/State Bid
❑ Compliance with C.R.S. 8-17-5-101, 102 as amended (Immigration Form) ❑ Exempt
n Contract Renewal
✓ CHECK CONTRACT TYPE:
❑ Services/Maintenance
❑ License/Use
� Lease
❑ Construction
❑ Goods, Equipment, Supplies
❑ Other (e.g. revenue)
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❑ Employment
❑ Intergovernmental Agreement (Resolution Required)
❑ Non-Profit
❑ Quasi-Public (e.g.-AVH)
❑ Grant Agreements (Notify Finance & Resolution Required)
❑ Change Order/Contract Amendment
(GO: 10% or $25K whichever is the lesser must have Connty Manager signature)
All Contracts should be proofed and all e�ibits and notices must be attached for the following:
✓� No Pages Missing ✓� All Other Blanks Filled In
✓❑ If Page Left Intentionally Blank Note on Page ✓� All E�ibits Attached
✓� Page numbered consecutively ✓[� All Legal Descriptions attached ('fapplicable)
✓� All Original Signatures Affixed ✓0 Notice ofAward/Notice to Proceed Attached ('fapplicable)
✓� AlI Dates Filled In ✓0 Warranty (if applicable)
✓❑ Speciat Instructions for Finance Department:
✓� Authorized Procurement Officer's Name: Jim Elwood
BY CHECKING ABOVE AND ENTERING NAME, THE AUTHORIZED STAFF PERSON INDICATES THAT
THE ATTACHED DOCUMENT HAS BEEN PROOFED AND READY FOR SCANNING.
NOTE: CLERK'S OFFICE WILL KEEP ORIGINAL DOCUMENTS IN COMPLIANCE WITH COLORADO STATE
ARCHNES RETAINAGE SCHEDULE. ALL ATTACHMENTS MUST BE WITH THIS CHECKLIST!
PATIO SHELTER HANGAR
ANNUAL LEASE AGREEMENT
THIS PATIO SHELTER HANGAR LEASE AGREEMENT, is entered into and
effective this June 11�', 2012 by and between the PITHIN COUNTY BOARD OF COUNTY
COMMISSIONERS, a political subdivision of the State of Colorado ("BOCC") and Steven
Grantz ("Lessee").
RECITALS
A. The BOCC owns and operates Sardy Field, the Aspen/Pitkin County Airport,
located in Aspen, Pitkin County, Colorado ("Airport").
B. Lessee, Steven Grantz, wishes to lease a patio shelter-type hangar, located on the
Airport, and to store aircraft owned or leased by the Lessee in that hangar.
NOW, THEREFORE, in consideration of the above Recitals and the mutual promises
and representations set forth below, the parties hereby agree as follows:
ARTICLE I. LEASED PREMISES
A. The BOCC hereby leases to Lessee, and Lessee hereby leases from the BOCC, a
parcel of real property on the Airport designated of the following described size: Medium, to be
designated as Patio Hangar Space No. B-8, to be as shown on the map to be attached hereto as
Exhibit A and incorporated herein by this reference when completed by the BOCC, and any and
all rights, privileges and appurtenances herein described as belonging to said space, subject,
however, to all restrictions and other encumbrances of record. The parcel of real property shall
hereinafter be referred to as the "Leased Premises". �
B. Lessee is also granted the nonexclusive right to utilize such Airport runways,
taxiways, and public use aprons ("airfield areas"), and such other rights of way and access across
the Airport ("Airport rights of way"), as necessary for ingress and egress to its Leased Premises,
and to the extent necessary to enable Lessee to utilize the Leased Premises for the purposes
discussed herein. Lessee's use of said airfield areas and other Airport rights of way shall be on a
nonexclusive, non-preferential basis with other authorized users thereof. Lessee shall abide by
all directives of the BOCC, the Federal Aviation Administration ("FAA") and any other
governmental entity having jurisdiction over the Airport, governing their use of said airfield
areas and other Airport rights of way, either alone or iri conjunction with other authorized users
thereof. Furthermore, the BOCC may from time to time increase or decrease the size or capacity
of any airfield areas and other Airport rights of way or facilities (other than the Leased
Premises), make alterations thereto, reconstruct or relocate them, modify the design and type of
construction thereof, or close them, or any portion or portions of them, either temporarily or
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permanently, without being liable for any damages that may be caused Lessee thereby, and
without being deemed to have terminated this Agreement as a result thereof.
C. BOCC reserves the right to subordinate the provisions of this Lease to the
provisions of any future agreement between the BOCC and the United States Government
relative to the operation, maintenance or development of the Airport which agreement may be
required as a condition precedent to the expenditure of Federal Funds for the development,
maintenance or operation of the Airport, if such an Agreement is entered into between the
County and the United States Government, the parties agree to execute an amendment to this
Lease so as to remove any material inconsistencies between this document and any agreement
with the United States Government. Furthermore, in the event that by reason of any such
agreement with the United States Government as aforesaid, it becomes necessary to modify,
relocate or remove any improvements or other structures situated on the Leases Premises, or to
move the Leased Premises itself, Lessee agrees to modify, relocate or remove any such
improvements or structures, or to move to a new location for the Leased Premises, as directed by
BOCC and BOCC shall compensate and reimburse Lessee for reasonable damages, costs and
expenses (including modification, removal or relocation costs) suffered or incurred by Lessee in
consequence thereof. If, due to the conditions of any agreement between the BOCC and the
United States government, the Leased Premises cannot be relocated at the Airport, the BOCC has
the right to terminate this lease upon sixty (60) days notice to the Lessee by paying to the Lessee
the then unamortized cost of the Lease as of the date of termination.
ARTICLE II. GRANT OF USE
A. The BOCC hereby grants Lessee the exclusive right to use the Leased Premises to
store aircraft owned or leased by Lessee, or by any entity in which the Lessee has a bona fide
ownership interest, and Lessee's automobile when the aircraft is in use. The Lessee understands
that restrictions, including any prohibition required by County, state or federal law, may apply to
the parking of automobiles. The restrictions will be at the discretion of the Airport Director. All
uses by the Lessee shall be in compliance with the rules and regulations of the Airport and with
all FAA regulations. The Lessee shall always keep the BOCC advised of the type of aircraft
stored in the Leased Premises, and the tail number of that aircraft. In addition, Lessee may sub-
let the Leased Premises subject to the conditions in Article XIX.
B. Lessee shall not use, nor permit others to use, the Leased Premises, and any
improvements thereon, to store automobiles or equipment unrelated to Lessee's use of the Leased
Premises under this Agreement; to fuel any aircraft or vehicles in any manner that would violate
the regulations of the Airport, or for any other purpose than Lessee's aeronautical services and
activities authorized by Subparagraph A above, unless the BOCC authorizes Lessee, in writing,
to use the Leased Premises, and any improvements thereon, for said additional purposes.
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ARTICLE III. TERM
A. The initial term of this Patio Shelter Hangar Lease Agreement shall be deemed to
commence at 12:01 a.m. on July 1 St, 2012 and shall terminate at midnight on September 30�',
2012. The Lessee may terminate the Lease upon sixty (60) days notice to the BOCC, provided
that in that event, the Lessee shall not be entitled to the return of any prepaid unamortized cost of
the Lease. The Lessee may extend the term of the contract on a monthly basis in the event that a
Small shelter is anticipated to be purchased within 6 months of this termination date.
ARTICLE IV. RENT AND OTHER FEES
A. Rent.
1. The monthly rent for the Leased Premises shall be: $590 plus electrical
charges as depicted in attached exhibit B. The initial rent shall consist of the first month's rent,
the last month's rent and a security deposit equivalent to one month's rent. Rent will be paid in
advance and will be billed monthly. The Lessor may increase the monthly rent once per year.
Any changes made in the monthly rent will be noticed prior to January 1 St of each year and shall
be in effect for the remainder of the year.
B. Payment of Fees.
1. All billing for monthly payments for ground rent and other costs will be made
by Atlantic Aviation, on behalf of the BOCC. Payment will be made to Atlantic Aviation, who
will forward the collected payments to the BOCC.
C. Interest. Any ground rental or other monies owed to the BOCC under this Lease
Agreement which are not received when due, or any monies paid by the BOCC on Lessee's
behalf which were Lessee's responsibility under this Lease Agreement, shall accrue interest at the
rate of one and one-half percent (1 %2%) per month from the due date or date when the BOCC
made payment on Lessee's behalf, until receipt of full payment from Lessee. Any payments
received shall be applied first to accrued interest, and then to the reduction of the actual amounts
owed by Lessee.
ARTICLE V. IMPROVEMENTS
During the term of this Lease, Lessee shall have no right to construct any improvements,
alterations, or additions to the Leased Premises, or to any improvements presently located
thereon, in furtherance of Lessee's authorized use of the Leased Premises without the written
consent of the BOCC, which may be withheld at the discretion of the BOCC.
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ARTICLE VI. MAINTENANCE AND UTILITIES
A. During the term of this Lease, Lessor shall, at its own expense, maintain and keep
all portions of the Leased Premises, and any improvements, fixtures and equipment which are
part of the Leased Premises, in good operating physical condition and repair.
B. During the term of this Lease, Lessee agrees to keep Leased Premises in a safe
and clean condition, and to not permit any unsightly accumulation of wreckage, debris, or trash
where visible to the general public visiting or using the Airport.
ARTICLE VII. DAMAGE TO AIRPORT
Lessee shall be liable for any damage to the Airport and to any improvements thereon
caused by Lessee, its officers, agents, employees, contractors, subcontractors, assigns,
subtenants, customers, guests, invitees, or anyone acting under its direction and control, ordinary
wear and tear excepted. All repairs for which Lessee is liable may be made by Lessee at its own
expense, provided that said repairs are made timely and to the BOCC's satisfaction as to the
quality of repair or, if not timely or satisfactorily made by Lessee, then by the BOCC at Lessee's
expense.
ARTICLE VIII. DEFAULT AND REMEDIES
A. Events of Default. The following shall constitute defaults by Lessee:
1. Failure to pay monthly operational fees or electrical engine heating fees,
or any other monies owed hereunder, or under any other agreements between the parties, when
such monies are due, and the failure to cure said delinquency within a period of ten (10) days
following written notice of said delinquency;
2. Any other failure in the performance of any covenant or obligation
required herein, and the failure to cure said delinquency within a period of thirty (30) days
following written notice of said delinquency;
3. The acquisition of Lessee's interest in this Lease Agreement by execution
or other process of law when said process of law is not discharged within fifteen (15) days
thereafter; and
4. Lessee's general assignment of its rights, title and interest hereunder for
the benefit of creditors; or the appointment of a receiver for Lessee's property if the appointment
is not vacated within ninety (90) days.
5. Filing by or against Lessee in any cour� pursuant to any statute either of
the United States or of any state, of a petition of bankruptcy or insolvency, or reorganization, or
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the appointment of a receiver or trustee, of all or a portion of Lessee's property if, within sixty
(60) days after commencement of any such proceedings involving Lessee, such petition shall not
have been dismissed.
B. Remedies Upon Default. Upon the occurrence of any of the events of default set
forth in Subparagraph A above, the BOCC may exercise any one or more of the following
remedies. These remedies shall be cumulative and not alternative:
1. The BOCC may sue for specific performance;
2. The BOCC may sue for recovery of all damages incurred by the BOCC,
including incidental damages, consequential damages, if any, and reasonable attorneys' fees;
3. The BOCC may terminate this Lease Agreement and, at the option of the
BOCC, any other agreement in effect between the parties. The termination of these agreements,
however, shall only be effective upon written notice of same provided by the BOCC to Lessee.
In no event shall this Lease be construed to be terminated uniess and until such notice is
provided. The termination may be effective immediately upon provision of said notice, or at any
other time specified in the notice. If this Lease is terminated, Lessee shall continue to be liable
for: (a) the performance of all terms and conditions, including the payrnent of all monthly ground
rent and all other monies due or accrued hereunder prior to the effective date of said termination;
and (b) all damages, including attorneys' fees and other expenses of collection, incurred as a
result of any default.
4, Without terminating the Lease by so doing, and without further notice to
Lessee, BOCC may re-enter the Leased Premises with or without process of law, repossess the
Leased Premises and all fixtures and improvements thereon, and remove Lessee and any third
parties who may be occupying or within the Leased Premises and all of their respective personal
property, by using either such reasonable force as may be necessary, summary proceedings,
ejectment, or any other means, the BOCC, in its sole discretion, deems appropriate without being
deemed guilty of any trespass, eviction, or forcible entry and detainer by so doing. In such case,
the BOCC shall be obligated to attempt, in good faith, to negotiate the reletting of the Leased
Premises, and any improvements thereon, or any portion thereof, on behalf of Lessee, for such
period of time and upon such terms and conditions as the BOCC deems appropriate. The BOCC
shall in no way be obligated under the terms of this subparagraph to relet all or any portion of the
Leased Premises, or any improvement thereon, to any third party, or upon terms and conditions,
that are not acceptable to the BOCC, or which the BOCC, in its sole discretion, does not feel to
be in the best interests of the Airport; nor shall the BOCC be responsible for any failure by the
sublessee or new tenant to pay rent or to perform any other conditions due upon such reletting.
Lessee hereby expressly authorizes BOCC to make any reasonabie repairs or renovations
necessary to relet the Leased Premises, or any improvements thereon, on Lessee's behalf.
Assuming BOCC attempts to relet the Leased Premises, in good faith, whether or not BOCC is
able to relet the Leased Premises, Lessee shall remain liable for the performance of all terms and
conditions of the Lease and the payment of all monies due under the Lease for the remainder of
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the leasehold term, although Lessee shall receive credit for any monies paid or conditions
performed as a result of reletting. Lessee shall also be responsible for reimbursing the BOCC for
all costs and expenses the BOCC incurs in reletting or attempting to relet the Leased Premises,
including reasonable repair and renovation costs. Finally, if, as a result of such reletting, BOCC
becomes entitled to receive excess rentals or other benefits over and above what BOCC would
have been entitled to receive under this Lease Agreement, BOCC shall be entitled to retain all
such surplus rentals and other benefits, and Lessee shall have no rights or interest therein.
5. The BOCC may utilize any other remedy provided by law
or equity as a result of any events of default.
C. Force M�eure. Any defaults by either of the parties in the performance of
any of the terms and conditions contained herein shall be excused where
due to force majeure, which, among other things, sha11 include natural
catastrophes such as hurricanes, tornadoes, or floods, acts of God, acts of
war, and governmental statutes, regulations, directives, or contracts
governing the operation of the Airport, with which the BOCC or Lessee
must comply.
ARTICLE IX. COMPLIANCE WITH STATUTES. RULES,
REGULATIONS, DIRECTIVES
A. Lessee shall observe and obey all statutes, rules, regulations and directives
promulgated by the BOCC and other appropriate local, state and federal
entities having jurisdiction over the Airport, including the Federal
Aviation Administration ("FAA") and the Environmental Protection
Agency. Without limiting the foregoing, Lessee agrees to utilize its Leased
Premises, and the common areas of the Airport, and all improvements
thereon, in compliance with the Federal Aviation Regulations, including
all amendments hereafter made, embodied in 49 C.F.R. Parts 107 and 108,
which are specifically incorporated and made a part of this Lease
Agreement. Lessee further agrees to perform all of its operations
authorized hereunder in accordance with all of the terms and conditions of
the rules and regulations for the Airport as the same may be amended from
time to time. If there is any inconsistency between the terms of this
Agreement, and the rules and regulations for the Airport, the terms of this
Agreement shall control. Lessee further agrees to comply with all verbal
and written directives of the Airport Director regarding Lessee's use of the
Leased Premises, the Airport's airfields and ramps, and other common
areas elsewhere on the Airport.
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B. Should Lessee, its officers, agents, employees, customers, guests, invitees,
subtenants, assigns, contractors or subcontractors violate any local, state or federal law, rule or
regulation applicable to the Airport, and should said violation result in a damage award, citation
or fine against the BOCC, then Lessee shall fully reimburse the BOCC for said damage award,
citation or fine and for all costs and expenses, including reasonable attorneys' fees, incurred by
BOCC in defending against or satisfying the award, citation or fne.
ARTICLE X. INSPECTION
At any time, the BOCC may inspect the Leased Premises, and any improvements,
fixtures or equipment thereon.
ARTICLE XI. QUIET ENJOYMENT
The BOCC expressly covenants and represents that upon payment of fees when due and
upon performance of all other conditions required herein, Lessee shall peaceabty have, possess
and enjoy the Leased Premises and other rights herein granted, without hindrance or disturbance
from the BOCC, subject to the BOCC's various rights contained elsewhere in this Agreement.
ARTICLE XII. REPRESENTATIONS
The BOCC expressly covenants and represents that it is the owner of the Leased
Premises, and has the right and authority to enter into this Lease Agreement and grant the rights
contained herein to Lessee.
With respect to Lessee, the undersigned warrants and represents that he is authorized to
execute this Lease on Lessee's behalf and shall be bound as a signatory to this Lease by his
execution of this Lease.
ARTICLE XIII. WAIVER
Should Lessee breach any of its obligations hereunder, the BOCC nevertheless may
thereafter accept from Lessee any payment or payments due hereunder, and continue this Lease
Agreement in effect, without in any way waiving the BOCC's right to exercise and enforce all
available default rights hereunder, or any other remedies provided by law, for said breach. In
addition, any waiver by either party of any default, breach or omission of the other under this
Lease Agreement shall not be construed as a waiver of any subsequent or different default,
breach, or omission.
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ARTICLE XIV. NOTICE
Any and all notices required herein to be made by either party to the other shall be
written notice made by depositing such notice, correctly addressed, via certified mail of the
United States of America, postage prepaid, and such notice shall be deemed to have been served
on the date of such depositing.
All notices to the BOCC shall be mailed to:
All notices to Lessee shall be mailed to
Airport Director
Aspen/Pitkin County Airport
0233 East Airport Road
Aspen, CO 81611
Steven Grantz
8590 NE 16th Terrace
Ocala, FL 34479
Each party may, from time to time, change the address to which notices to said party are
to be sent, by providing written notice of said change of address to the other party in accordance
with the procedure set forth in this Article.
ARTICLE XV. RELATIONSHIP OF PARTIES
It is understood that the BOCC is not in any way or for any purpose partner or joint
venturer with, or agent of, Lessee in its use of the Leased Premises or any improvements thereon.
ARTICLE XVI. PARTIAL INVALIDITY
If any term or condition of this Lease Agreement or the application thereof to any person
or event shall to any extent be invalid and unenforceable, the remainder of this Lease Agreement
and the application of such term, covenant or condition to persons or events other than those to
which it is held invalid or unenforceable shall not be affected and each term, covenant and
condition of this Lease Agreement shall be valid and be enforced to the fullest extent permitted
by law.
ARTICLE XVII. SUCCESSORS
The provisions, covenants and conditions of this Lease Agreement shall bind, and inure
to the benefit of, the legal representatives, successors and assigns of the parties hereto.
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ARTICLE XVIII. ATTORNEYS' FEES, COSTS
AND EXPENSES OF LITIGATION
In the event of a breach of this Lease Agreement, the breaching party shall pay to the
non-breaching party all reasonable attorneys' fees, costs and other expenses, incurred by the non-
reaching' party in enforcing its rights as a result of said breach.
ARTICLE XIX. ASSIGNMENT AND SUBLEASE
A. Lessee shall not assign its interest nor sublease the Leased Premises.
ARTICLE XX. SURRENDER UPON TERMINATION
Upon the expiration or sooner termination of this Lease Agreement, for any reason
whatsoever, Lesse� shall peaceably surrender to the BOCC possession of the Leased Premises,
together with any improvements, fixtures or personal property of the BOCC thereon, in as good a
condition as the Leased Premises, and improvements, fixtures and personal property were
initially provided to Lessee, ordinary wear and tear excepted, without any compensation
whatsoever, and free and clear of any claims of interest of Lessee or any other third party
whomsoever. Lessee shall restore the Leased Premises, and other improvements from which the
fixtures or property were taken (if the improvement involved is not also being removed from the
Leased Premises), to good condition and repair.
ARTICLE XXI. HAZARDOUS WASTE/ENVIRONMENTAL POLLUTION
Lessee shall be solely responsible for the prevention, control and cleanup of all fuel, gas
and oil leaks and spills, hazardous waste, lavatory waste and other environmental pollution
caused by Lessee's operations in the Leased Premises, in accordance with applicable local, state
and federal laws and regulations, and it shall hold the BOCC harmless from said prevention,
control and cleanup costs and obligations. The parties each reserve their various claims and
defenses against one another for the cleanup of any environmental pollution that occurred on the
Leased Premises prior to the commencement date of Lessee's leasehold term hereunder. It is
noted that in the ordinary course of storing and parking aircraft that some minor fuel and oil
spillage shall occur and that Lessee shall have no extraordinary obligation for clean up of such
spills.
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ARTICLE XXII. EMINENT DOMAIN
A. In the event that all or any portion of the Leased Premises is taken for any public
or quasi-public purpose by any lawful condemning authority, including the BOCC, exercising its
powers of eminent domain (or in the event that all or any portion of the Leased Premises is
conveyed to such a condemning authority in settlement and acceptance of such condemning
authority's offer to purchase all or any portion of the Leased Premises in connection with its
threat to take said areas under power of condemnation or eminent domain), the proceeds, if any,
from such taking or conveyance shall be allocated between the BOCC and Lessee according to
the applicable Colorado law of eminent domain; provided, however, that in the event of
condemnation, the Lessee shall be compensated no less than the unamortized cost of the Lease as
of the date of condemnation. If a portion of the Leased Premises is so taken or sold, and as a
result thereof, the remaining part cannot be used reasonably to continue the authorized purposes
contemplated by this Lease Agreement as set forth in Article II in an economically viable
manner, then this Lease Agreement shall be deemed terminated at the end of a period of sixty
(60) days following said taking or conveyance. In that event and at that time, Lessee shall
surrender the Leased Premises to the BOCC and all of the BOCC's fixtures and personal property
thereon, and Lessee may remove its improvements, fixtures and personal property located upon
the Leased Premises, in accordance with the provisions of Article XXIII above.
ARTICLE XXIII. RENEWAL
Lessee has no guaranteed or preferential right, as against other third parties, of reletting
the Leased Premises, or any improvements thereon, following termination of this Lease. Should
Lessee desire to relet the Leased Premises following the expiration or sooner termination of this
Lease, Lessee shall submit an application for lease in accordance with Airport leasing rules and
regulations in effect at that time. Lessee's application will be reviewed by the BOCC, along with
all other applications, if any, in accordance with then applicable Airport leasing rules and
regulations. �
ARTICLE XXIV. GOVERNING LAW AND VENUE
This Lease shall be interpreted in accordance with the laws of the State of Colorado and
applicable federal law. Lessee further agrees that should either party believe it necessary to file
suit to interpret or enforce any provisions of this Agreernent, the exclusive venue and jurisdiction
for said lawsuit shall be in the Pitkin County, Colorado District Court, or if federal court
jurisdiction would be appropriate, then in the Federal District Court in Denver.
ARTICLE XXV. HOLDING OVER
If Lessee remains in possession of the Leased Premises after the expiration of this Lease
Agreement without any written renewal thereof, such holding over shall not be deemed as a
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renewat or extension of this Lease Agreement but shall create only a tenancy from month to
montt� which may be terminated at any time by the B4CC upon thirty (30) days written notice.
Such hoiding over shall o#he�wise b�; upon the same terms and conditions as set forth in this
Leasse Agreement; provid�, however, that the monthly rent shall be at a rate equal to One
Hundred Percent (100%� of the then current monthly rent for similat patia shelter han�ar space
to tha Leased Premises.
A.RTICLE XXVI. ENTIRE AGREEMENT
This writing, together with the exhibits attached hereto, is the entire agreement of the
parties regarding the estabiishment of their leasehald arrangements. No representations,
warranties, inducements or oral agreements previously made between the parties regarding the
establishment of their leasehold arrangements shali continue unless stated therein. This Lease
Agreement shall not be changed or modified, except in writing, signed by both parties.
� DONE AND EXECUTED on the date first above written.
ASPEATIP'ITKII�T COi7NTY AIRPORT
B.
or of Aviatioi
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LESSEE
,
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By:
Steven Grantz
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Patio Shelter Hanger Lease Agreement - Exhibit C
Amortization Schedule
For BOCC Buy Back Option
The Table Below Lists the
"BUY BACK OPTION PRICE" for different size shelters at the end of each Month
Size:
End of
Year Month
1 1
2
�
4
�
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
30
31
32
33
34
35
36
37
41
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
Small
37
36, 766
36,648
36, 529
36,409
36,289
36,168
36, 047
35, 925
35,802
35,678
35,428
35, 302
35,176
35,048
34, 920
34, 791
34,662
34,531
34,400
34,268
34,136
33, 868
33,733
33, 597
33,461
33, 323
33,185
33, 046
32, 906
32,766
32,624
32,482
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$ 32,195 $
$ 32,050 $
$ 31, 905 $
$ 3'1,758 $
$ 31,611 $
ledium � Large � X Large � X�
Unit Price "Full Down AmounY'
42,000 $ 46,000 $ 50,000 $
41,867 $ 45,855 $ 49,842 $
41,734 $ 45,709 $ 49,684 $
41,600 $ 45,562 $ 49,524 $
41,465 $ 45,414 $ 49,363 $
41,330 $ 45,266 $ 49,202 $
41,193 $ 45,116 $ 49, 040 $
41,056 $ 44,966 $ 48,876 $
40,918 $ 44,815 $ 48,712 $
40,779 $ 44,663 $ 48,547 $
40,640 $ 44,510 $ 48,380 $
40,499 $ 44,356 $ 48,213 $
40,358 $ 44,201 $ 48,045 $
40,216 $ 44,046 $ 47,876 $
40,073 $ 43,889 $ 47,706 $
39,929 $ 43,732 $ 47,535 $
39,785 $ 43,574 $ 47,363 $
39,639 $ 43,414 $ 47,189 $
39,493 $ 43,254 $ 47,015 $
39,346 $ 43,093 $ 46,840 $
39,198 $ 42,931 $ 46,664 $
39,049 $ 42,768 $ 46,487 $
38,899 $ 42,604 $ 46,308 $
38,749 $ 42,439 $ 46,129 $
38,597 $ 42,273 $ 45,949 $
38,445 $ 42,106 $ 45,768 $
38,291 $ 41,938 $ 45,585 $
38,137 $ 41,769 $ 45,402 $
37,982 $ 41,600 $ 45,217 $
37,826 $ 41,429 $ 45,031 $
37,669 $ 41,257 $ 44,845 $
37,512 $ 41,084 $ 44,657 $
37,353 $ 40,910 $ 44,468 $
37,193 $ 40,736 $ 44,278 $
37,033 $ 40,560 $ 44,087 $
36,871 $ 40,383 $ 43,894 $
36,709 $ 40,205 $ 43,701 $
36, 546 $ 40, 026 $ 43, 507 $
36,381 $ 39,846 $ 43,311 $
36,216 $ 39,665 $ 43,114 $
36,050 $ 39,483 $ 42,916 $
35,882 $ 39,300 $ 42,717 $
55,646
55,467
55,287
55,106
54,924
54,741
54,557
54,372
54,186
53,999
53,811
53,621
53,431
53,239
53,046
52,852
52,657
52,461
52,264
52,065
51,866
51,665
51,463
51,260
51,055
50,850
50,643
50,435
50,226
50,016
49, 804
49,591
49, 377
49,162
48,945
48,727
48,508
48,288
48,066
47, 843
$
$
$
$
$
$
$
$
$
$
$
�
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
65, 582
65,372
65,160
64,947
64,732
64,517
64,300
64,082
63, 862
63,642
63,196
62,972
62, 746
62,519
62,290
62,060
61,829
61,596
61,362
61,127
60,891
60,413
60,172
59,930
59,686
59,441
59,195
58, 947
58,698
58,447
58,194
57,941
57,685
57,429
57,171
56,911
56,650
56, 387
t�
Page 3 of 6 EXhlblt C
���.. . _ u�i - --- -- .�.
5
0
7
nd of
42 $
43 $
44 $
45 $
46 $
47 $
48 $
50 $
51 $
52 $
53 $
54 $
55 $
56 $
57 $
58 $
59 $
60 $
62 $
63 $
64 $
65 $
66 $
67 $
68 $
69 $
70 $
71 $
72 $
74 $
75 $
76 $
77 $
78 $
79 $
80 $
81 $
82 $
83 $
84 $
86 $
87 $
88 $
89 $
90 $
91 $
92 $
93 $
94 $
Small � Medium
31,463
31,314
31,164
31,013
30,861
30,709
30, 555
30,401
30,246
30,090
29,933
29,775
29,616
29,456
29,295
29,133
28, 971
28,807
28.643
28,477
28,311
28,143
27, 975
27,806
27,635
27,464
27,292
27,118
26,944
26, 768
26, 592
26,415
26, 236
26,057
25, 876
25,694
25,512
25, 328
25,143
24, 957
24,770
24, 582
24,393
24,203
24,011
23,819
23,625
23,430
23,235
23,037
22,839
22,640
22,439
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
�
35,714
35, 545
35,375
35,204
35,032
34,859
34, 509
34, 333
34,156
33,977
33,798
33,618
33,436
33,254
33,070
32, 886
32,700
32,513
32, 326
32,137
31,947
31,755
31,563
31,370
31,175
30,980
30,783
30, 585
30,386
30,185
29, 984
29,781
29,578
29,373
29,167
28,959
28,751
28, 541
28,330
28,118
27,904
27,689
27,473
27,256
27, 038
26,818
26,597
26,374
26,151
25,926
25,699
25,472
Large � X Large
�it Price "Full Down Amo�
$ 39,116 $ 42,517
$ 38, 930 $ 42, 316
$ . 38,744 $ 42,113
$ 38,557 . $ 41,909
$ 38,368 $ 41,704
$ 38,178 $ 41,498
$ 37,988 $ 41,291
$ 37,796 $ 41,082
$ 37,603 $ 40,873
$ 37,409 $ 40,662
$ 37,213 $ 40,449
$ 37,017 $ 40,236
$ 36,819 $ 40,021
$ 36,621 $ 39,805
$ 36,421 $ 39,588
$ 36,220 $ 39,370
$ 36,018 $ 39,150
$ 35,814 $ 38,929
$ 35,610 $ 38,706
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
$
�$
$
$
$
$
$
$
$
$
35,197
34,989
34, 780
34,569
34, 357
34,144
33,930
33,714
33,498
33,280
32, 840
32,618
32,395
32,170
31,944
31,717
31,489
31, 259
31,028
30,795
30, 562
29,852
29,613
29,372
29,130
28,886
28,641
28,395
28,147
27,898
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
38,258
38,032
37,804
37, 575
37,345
37,113
36,880
36,646
36,411
36,'173
35, 935
35,695
35,454
35,212
34,967
34,722
34,475
34,227
33, 977
33,726
33,473
33,219
32,963
32, 706
32,448
32,188
31,926
31,663
31,398
31,132
30,864
30,595
30,324
�
$ 47,619 $ 56,122
$ 47, 394 $ 55, 857
$ 47,167 $ 55,589
$ 46,938 $ 55,320
$ 46,709 $ 55,050
$ 46,478 $ 54,778
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
i�
i$
$
$
$
$
$
$
$
46,012
45, 777
45, 541
45,303
45,064
44,824
44,582
44,339
44, 094
43,848
43,600
43,351
43,101
42,849
42, 595
42,341
42, 084
41, 826
41,567
41,306
41,044
40,780
40,514
40,247
39,979
39,709
39,437
39,164
38,889
38,612
38,334
38, 054
37,773
37,490
37,205
36,919
36,631
36, 341
36, 050
35,757
35,462
35,166
34,868
34,568
34,266
33, 962
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
$
$
I$
I$
$
$
$
$
$
$
53, 952
53,673
53,393
53,111
52,828
52, 543
52,256
51, 968
51,678
51,386
51,092
50,797
50,500
50,202
49,901
49, 599
49,295
48,990
48,682
48,373
48, 062
47, 749
47,434
47,118
46,799
46,479
46,157
45,833
45,507
45,179
44, 850
44, 518
44,185
43,849
43.512
42,831
42,488
42,142
41,795
41,445
41,094
40,740
40,385
40,027
t�
Page 4 of 6 EXhlbit C
11
12
13
Size:
End of
95
96
97
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116'
117
1a8
119
120
121
122
123
124
125
126
127
128
129
130
131
132
134
135
136
137
138
139
140
141
142
143
144
145
146
147
$
$
�
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Small I Medium
22,035
21,831 ,
21,626
21,419
21,212
21,003
20,793
20,582
20,369
20,155
19,940
19,724
19, 507
19,288
19,068
18,846
18,624
18,400
18,175
17,948
17,720
17,491
17,260
17,029
16,795
16,561
16, 325
16,087
15,849
15,609
15,367
15,124
14,880
14,634
14,387
14,138
13,888
13, 636
13, 383
13,129
12,873
12,616
12,357
12,096
11,834
11,571
11,305
11,039
10,771
10,501
10,230
9,957
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
25,243
25,013
24,781
24,548
24,314
24,078
23,841
23,603
23, 363
23,122
22,879
22,635
22,389
22,143
21,894
21,644
21,393
21,140
20,886
20,631
20,373
20,115
19,855
19,593
19,330
19,065
18,799
18,531
18,261
17,990
17,718
17,444
17,168
16,891
16,612
16,331
16,049
15.765
15,192
14,903
14,613
14,320
14,026
13,731
13,433
13,134
12,833
12,531
12,226
11,920
11,612
11,302
�it Price "Full Down Amo�
$ 27,647 $ 30,051
$ 27,395 $ 29,777
$ 27,141 $ 29,501
$ 26,886 $ 29,224
$ 26,629 $ 28,945
$ 26,371 $ 28,664
$ 26,112 $ 28,382
$ 25,850 $ 28,098
$ 25,588 $ 27,813
$ 25,324 $ 27,526
$ 25,058 $ 27,237
$ 24,791 $ 26,946
$ 24,522 $ 26,654
$ 24.251 $ 26.360
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
$
$
23,706
23,431
23,154
22, 875
22,595
22,314
22,030
21,745
21,459
21,171
20,881
20,589
20,296
20,001
19,704
19,405
19,105
18,803
18,499
18,194
17,886
17,577
17,266
16, 953
16,639
16,323
16,004
15,684
15,362
15,038
14,713
14,385
14,055
13,724
13,391
13,055
12,718
12,379
$ 26,064
$ 25,767
$ 25,468
$ 25,167
$ 24,865
$ 24,560
$ 24,254
$ 23,946
$ 23,636
$ 23,325
$ 23,011
$ 22,696
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
22, 379
22, 060
21,740
21,417
21,093
20,766
20,438
20,108
19,776
19,442
19,106
18.768
1�
nt"
18,086
17,742
17,396
17,048
16,698
16,346
15,992
15,636
15,278
14,917
14,555
14,190
13,824
13,455
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
33,657
33,350
33,041
32,731
32,418
32,104
31,788
31,470
31,150
30,829
30,505
30,180
29,853
29.523
28,859
28,524
28,187
27,848
27, 507
27,165
26,820
26,473
26,124
25,773
24,708
24,348
23,987
23,624
23,258
22,891
22,521
22,149
21,775
21,398
21,020
20,639
20,256
19,871
19,483
19,094
18,702
18,308
17,911
17,512
17,111
16,707
16,302
15,893
15,483
15,070
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
$
$
$
$
39,306
38,942
38, 576
38,207
37,837
37,465
37, 090
36,713
36, 334
35,953
35,569
35,183
34.795
34,405
34,013
33,618
33,221
32,821
32,419
32,015
31,609
31,200
30,789
30,375
29,959
29,541
29,120
28,696
28,271
27,842
27,411
26,978
26,542
26,104
25,663
25,219
24, 773
24,325
23,873
23,419
22,963
22,503
22,041
21, 577
21,109
20,639
20,166
19,691
19,213
1$,731
18,247
17,761
1�
Page 5 of 6 EXhlblt C
__ .___... __ .�_ . ___ _..
,�....,... ,�
14
15
Page 6 of 6
End of
148 $
149 $
150 $
151 $
152 $
153 $
154 $
155 $
156 $
157 $
158 $
159 $
160 $
161 $
162 $
163 $
164 $
165 $
166 $
167 $
168 $
169 $
170 $
171 $
172 $
173 $
174 $
175 $
176 $
177 $
178 $
179 $
180 $
Small I Medium
9,682
9,406
9,128
8,849
8,568
8,286
8,001
7,715
7,428
7,139
6,848
6,555
6,261
5, 965
5,667
5, 367
5,066
4,763
4,458
4,152
3,844
3, 533
3,221
2,908
2, 592
2,275
1,955
1,634
1,311
986
659
331
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
10,991
10,677
10,362
10, 045
9,726
9,405
9,083
8,758
8,103
7,773
7,441
7,107
6,771
6,433
6,093
5,751
5,407
5,061
4,713
4,011
3,657
3,301
2, 942
2,582
2,220
1,855
1,488
1,119
748
375
0
Large � X Large �)
iit Price "Full Down AmounY'
$ 12,037 $ 13,084 $
$ 11,694 $ 12,711 $
$ 11,349 $ 12,336 $
$ 11,002 $ 11,958 $
$ 10,652 $ 11,579 $
$ 10, 301 $ 11,197 $
$ 9,948 $ 10,813 $
$ 9,592 $ 10,426 $
$ 9,235 $ 10,038 $
$ 8,875 $ 9,647 $
$ 8,513 $ 9,254 $
$ 8,150 $ 8,858 $
$ 7,784 $ 8,461 $
$ 7,416 $ 8,060 $
$ 7,045 $ 7,658 $
$ 6,673 $ 7,253 $
$ 6,299 $ 6,846 $
$ 5,922 $ 6,437 $
$ 5,543 $ 6,025 $
$ 5,162 $ 5,611 $
$ 4,778 $ 5,194 $
$ 4,393 $ 4,775 $
$ 4,005 $ 4,353 $
$ 3,615 $ 3,929 $
$ 3,223 $ 3,503 $
$ 2,828 $ 3,074 $
$ 2,431 $ 2,642 $
$ 2,032 $ 2,208 $
$ 1,630 $ 1,772 $
$ 1,226 $ 1,333 $
$ 820 $ 891 $
$ 411 $ 447 $
$ 0 $ 0 $
0
14,654
14,236
13,816
13,393
12, 968
12,540
12,110
11,677
11,242
10,804
10,364
9,921
9,476
9,028
8,577
8,124
7,668
7,209
6,748
6,284
5,817
5,348
4,876
4,401
3,923
3,443
2,959
2,473
1,984
1,493
998
500
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
�
17,271
16,779
16,283
15, 785
15,284
14, 780
14,273
13,763
13,250
12,734
12,215
11,693
11,168
10,640
10,109
9, 574
9,037
8,497
7,953
7,406
6, 856
6, 303
5,746
5,187
4,624
4, 057
3,488
2,915
2,339
1,759
1,176
590
0
\�
Exhibit C