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HomeMy WebLinkAboutResolution 2001-092 first amended FBO lease MARANA RESOLUTION NO. 2001-92 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, APPROVING THE FIRST AMENDED FBO LEASE, INCLUDING VARIOUS AMENDMENTS TO THE FBO LEASE, AND CLARIFICATION AND EXTENSION OF THE LEASED PREMISES. WHEREAS, the Town Council did approve Resolution No. 99-65, authorizing the execution of an Intergovernmental Agreement for the purpose of transferring the Avra Valley Airport from Pima County to the Town of Marana; and WHEREAS, the Town of Marana did succeed Pima County to the Lease Agreement, contract number 04-04-A-102910-1181, dated November 2, 1981, entered into by and between Pima County and APEC, Inc., wherein Pima Aviation, Inc., did succeed APEC, Inc.; and WHEREAS, the Town Council did approve and execute a pre-annexation agreement by and between the Town of Marana and Pima Aviation, Inc., wherein, in part, the Town agreed to amend and extend the current FBO Lease; and WHEREAS, the Mayor and Council find that the current lease contains errors in the boundaries description, resulting in a possible condition of"non-compliance" with Federal Aviation Administration regulations; and WHEREAS, the Mayor and Council find that some of the language within the current lease needs to be updated and not in conformity with industry standards; and WHEREAS, the Mayor and Council have determined that it is in the best interests of the Town, the Marana Northwest Regional Airport and the airport's patrons to continue a business relationship with the current tenant as FBO operator; and WHEREAS, Arizona Revised Statutes Section 28-8425 provides the mechanism for the Town to extend the existing lease for a per/od of not more than forty years; and WHEREAS, The Mayor and Council find that the appropriate requirements of A.R.S. Section 28-8425 have been met; and WHEREAS, the Town staff has conducted an analysis of the current market for similar airports and has negotiated the provisions contained within the amended lease in good faith; and Marana, Arizona Resolution No, 2001-92 Page 1 of 2 WHEREAS, on August 7, 2001, the Town Council duly noticed and held a public hearing in accordance with State law, and has heard fi.om the representative(s) of the Lessee, Town staff, and members of the public. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, that the Amended FBO Lease Agreement is hereby approved and the Mayor is authorized and directed to execute said Agreement. BE IT FURTHER RESOLVED that the Town's officers and staff are authorized to take all steps necessary and proper to give effect to the Agreement. BE IT FURTHER RESOLVED that the Town's officers and staff are authorized to enter into a contract for the survey of the Leasehold area and to incorporate this survey into the Agreement. PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 4th day °f September' 2001' Mayor Bobby Sutton, Jr. ATTEST: ...~-'""'~aniel J. Hochuli As Town Attorney and not personally Marana, Arizona Resolution No. 2001-92 Page 2 of 2 .-.... F. ANN RODRIG~ RECORDER RECORDED BY: i~ ~ - DEPUTY RECORDER 7864 ROOC .,....., , Of '~T: 11705 Ph_&: 5191 NO. OF PAGES: 45 SEQUENCE: 20012501212 12/28/2001 ALEASE 17:01 SMARA TOWN OF MARANA ATTN: TOWN CLERK 13251 N LON ADAMS RD MARANA AZ 85653 MAIL AMOUNT PAID $ 28.00 FIRST AMENDED FBO LEASE AGREEMENT THIS FIRST AMENDED LEASE AGREEMENT (the "Lease" or "Agreement") is made and entered into this 4th day of September, 2001, by and between the TOWN OF MARANA, a municipal corporation ("LESSOR") and PIMA AVIATION, INC., an Arizona corporation ("LESSEE"). LESSOR and LESSEE may be referred to collectively in this Lease as the "parties. " RECITALS 1. In connection with LESSOR acquiring ownership of the airport known as MARANA NORTHWEST REGIONAL AIRPORT (the "Airport"), LESSOR succeeded to the landlord's interest under that certain "Avra Valley Airport Sublease" dated November 2, 1981, by and between PIMA COUNTY, a political subdivision of the State of Arizona, and APEC, INC., d/b/a A VRA V ALLEY AVIATION, covering approximately 26 acres (the "FBO Lease"), the sublessee's interest in which was assigned to PIMA A VIA TION, INC., an Arizona corporation, by "Assignment of Sublease" dated July 31, 1989 and recorded in Docket 8590, Page 2159, Office of the Pima County Recorder. 2. The parties have agreed that amendment of the FBO Lease is necessary in order to adopt the improved format of more recent leases of Airport property, and to resolve certain discrepancies therein, including adjustment of the boundaries of the leased premises. 3. The parties therefore agree that effective as of the date set forth above, the FBO Lease shall be amended in its entirety to read as follows. AGREEMENT ~ .r In consideration of the mutual agreement of the parties to the terms and conditions set forth below, LESSOR does hereby lease to LESSEE a portion of Airport, as follows: ~ : 1 DESCRIPTION OF PREMISES. .: : : 1.1 Premises. LESSOR hereby leases to LESSEE a portion of Airport, which portion consists of approximately 34 acres, as set forth on the map attached hereto as Exhibit "A " (the "Premises"). The parties acknowledge that the Premises differ from Page 1 of 36 those set forth in the FBO Lease, because it is necessary to adjust the boundaries of the Premises to correct the legal description of the boundaries which were previously in error, and to include some additional areas which are appropriate for the uses described in this Agreement. The parties agree that LESSOR shall, at its sole expense, obtain a survey and legal description of the Premises consistent with the map attached as Exhibit "A." Upon completion of the survey, the legal description resulting from that survey shall be approved and signed by the parties hereto and attached hereto as Exhibit "B," and thereafter this Agreement shall be recorded in the offices of the Pima County Recorder at the expense of LESSOR. The original boundary of the Premises was 26.4 acres. To offset the difference between the original 26.4 acreage and the present acreage, by separate agreement the parties shall reduce the number of acres included within the Master Development Lease Agreement, dated June 15, 1999 by and between PIMA COUNTY, a political subdivision of the State of Arizona, and Pima Aviation, Inc. (the "73-Acre Lease") and assigned to the Lessor. The parties have mutually determined the location of the acres to be removed from the 73-Acre Lease. LESSEE shall have, subject to the terms and provisions of this Lease and any subleases, the use, occupancy and control of the Premises with all improvements constructed thereon. 1.2 LESSOR's Right to Remove Land from Premises. LESSEE acknowledges that the Airport is in its first phase of development under the sponsorship of the Town of Marana, and the Airport Master Plan provides for significant and ongoing expansion and improvement of the Airport. As such, LESSEE acknowledges that the restriction or loss of leased property due to Airport development requirements is likely. Such restriction or loss of leased property may come about as a result of LESSOR's need to use such property for airport improvement or expansion, or may come about as a result of governmental regulation, including but not limited to Federal Aviation Administration (FAA) regulations regarding setbacks, clear zones, and restricted visibility zones at the intersection of runways (hereinafter referred to as a "Restriction"). By entering into this Lease, LESSEE acknowledges that it has reviewed the Airport Master Plan and other necessary documentation, and has made an independent determination regarding this risk. 1.3 Removal of Land from Premises. In the event that it becomes necessary for LESSOR to delete any property from the Premises as provided above, LESSEE agrees to cooperate in such transaction as set forth hereinafter. 1.3.1 During the Term, LESSOR may require that certain portions of the Premises must be deleted from the Premises, but such may occur only for the purpose of being utilized for additional aeronautical and aviation purposes. Additionally, during the Term, LESSOR may require, as the result of a Restriction, that LESSEE's use of certain portions of the Premises be restricted. In connection with any determination by LESSOR that portions of the Premises be deleted from the Premises or that the use thereof be restricted as determined by the LESSOR, the following shall apply. ~ i '" ~: ~ , , "7 z a. In the event that LESSOR determines that a deletion of a portion of the Premises shall take place whether or not indicated in the current Page 2 of 36 Airport Master Plan, Airport Layout Plan or any subsequent amendment thereto, the following shall apply: 1) LESSOR shall use its best efforts to provide, in substitution for the parcel deleted, another parcel of equivalent size and fair rental value located within the Airport. If such substituted parcel is accepted by LESSEE, the Premises shall be redefined to include the substituted parcel in lieu ofthe deleted parcel and the "Fixed Rent" (defined below) shall be adjusted to reflect any difference in the size of the Premises. An amendment to this Agreement, acknowledged by a duly appointed representative of both parties, shall be recorded with the Pima County Recorder. 2) If no substitute parcel is mutually agreed upon, LESSOR shall be required to reduce the Fixed Rent (as hereinafter defined) in a proportionate amount. An amendment to this Agreement, acknowledged by a duly appointed representative of both parties, shall be recorded with the Pima County Recorder. b. If LESSOR determines that a Restriction in Use of a certain portion of the Premises will take place, whether or not indicated in the current Airport Master Plan, Airport Layout Plan, or any subsequent amendment thereto, LESSOR and LESSEE shall negotiate to determine the extent of Restricted Use and thereafter the following shall apply: 1) In the event it is determined that the restriction results in LESSEE being unable to use that restricted portion for any purpose, then a deletion shall be implemented, in which case paragraph "a" above shall govern. 2) If it is determined that any use of the Restricted portion of the Premises exists, then there shall be no adjustment in the "Fixed Rent" or any other rent or compensation to be paid by LESSEE for such portion of the Premises and the Restriction shall be adhered to as soon as possible upon implementation. 1.3.2 LESSEE hereby agrees and acknowledges that a portion of the Premises currently contains structures used for storage of aircraft, and that said structures may be in conflict with the Building Restriction Line as determined by the FAA upon implementation of the improvements to Runway 03/21. It is further agreed that these structures, which are identified and labeled in Exhibit "C," may be required to be removed from their present location upon becoming an obstruction as a result of said improvements as determined by LESSOR. If it is determined by LESSOR that any of the aforementioned structures or any other structure contained within the Premises becomes an obstruction, then LESSOR and LESSEE and/or Holder of Title ("Owner") shall negotiate one of the following options: 1) The cost and compensation payable to LESSEE and/or Owner by LESSOR as well as any other applicable terms for the removal and relocation of said structures whereas LESSEE and/or Owner shall retain title to said structure or structures in accordance with the Terms of the original agreement currently in force. Upon agreement between LESSOR and LESSEE and/or Owner, LESSEE and/or Owner shall be .-<. "7 Page 3 of 36 given sixty (60) days within which to commence removal, or 2) the establishment of a Fair Market Value, for the purpose of purchasing by LESSOR, said structure or structures. Upon compensation, the title and ownership shall be transferred to LESSOR. LESSOR shall then be responsible for the removal of the structure or structures. The costs, compensation and terms of the exercising and agreement to either of the aforementioned options shall be approved by and be subjected to the funding limitations of the FAA and/or ADOT. The Town of Marana shall have and maintain as it's right, the ability to fund projects beyond that of the limitations of the FAA and ADOT. If LESSOR and LESSEE and/or Owner cannot reach an agreement within sixty (60) days from commencing negotiations, then all Parties hereto agree to submit this issue to arbitration in accordance with the terms of this agreement as specified in Section 19.14 of the General Provisions. LESSOR and LESSEE further agree that the land currently associated with the aforementioned structures shall remain part of the Premises and the use thereof shall be subject to the terms and restrictions of this Lease, including any restrictions established by the FAA or other governmental regulation. 1.3.3 Nothing in this Lease shall be interpreted to remove the LESSOR'S legal right of eminent domain. 2 TERM. 2.1 Term. The Term of this Lease shall end on November 29, 2046. As used herein the term "Lease Year" means a one year period beginning on the first day of any December during the Term and ends on the day preceding the next following December 1. 2.1.1. LESSOR and LESSEE agree that this and all subsequent amendments shall take effect and govern this Agreement on the preceding calendar day following the execution of any and all amendments hereto. The date of expiration, as defined in paragraph 2.1 above, shall remain in effect unless agreed to in writing and an amendment to this agreement is attached hereto. 3 COMPENSATION. 3.1 Fixed Rent. Notwithstanding any additional rent, fees, taxes, or other monies paid to LESSOR pursuant to this Lease or otherwise and except as otherwise set forth below, LESSEE agrees to pay to LESSOR an amount of rent equal to Eight Hundred Dollars ($800.00) per acre of the Premises for each Lease Year (the "Fixed Rent"), plus rental tax. The Fixed Rent shall be payable quarterly. The Fixed Rent for partial acres shall be prorated. Fixed Rent for land which is deleted from the Premises or taken by eminent domain shall cease as of the first day of the calendar month following the month in which such land ceases to be a part of the Premises. Beginning on the second anniversary of the date of this First Amendment and on every biannual anniversary of the date of this First Amendment thereafter, the Fixed Rent for the next two (2) Lease Years shall be adjusted by the cumulative amount of any percentage change in the Consumer Price Index for all Urban Consumers (CPI-U) for the previous ~ 5 9 Page 4 of 36 two (2) years, as published by the U. S. Department of Labor of Bureau of Statistics. In the event publication of the CPI-U is terminated, then such periodic adjustment shall be made by application of the index published by the U. S. Department of Labor which most closely resembles the CPI-U. The parties hereto agree and acknowledge that the Fixed Rent for the Premises shall be adjusted every two years in accordance herewith throughout the entire Term of this Lease. In no event shall the Fixed Rent be decreased at any time during the Term hereof as the result of the CPI-U, to an amount less than that of $800 per acre. For purposes of this Agreement, the term "Rent" shall refer to any and all amounts due to LESSOR hereunder. 3.2 Percentage Rent. In addition to the Fixed Rent set forth above, and except as otherwise set forth below, LESSEE agrees to pay LESSOR the following sums, hereinafter referred to as "Percent Rent." 3.2.1 Gross Rents on Subleases. As part of Percentage Rent, LESSEE shall pay to LESSOR an amount equal to five percent (5%) of all gross rents, excluding rental taxes, which LESSEE receives in connection with any and all current and/or future subleases to third parties for any portion of the Premises, regardless of whether those subleases are for hangar or non-hangar space. The parties hereto agree and acknowledge that Tenant shall only enter into written, and not oral, subleases for portions of the Premises. 3.2.2 Additional Hangar. Tie Down and Shade Port Income. In regard to any and all current and/or future hangars, tie downs and shade ports on the Premises, the following definitions shall apply: a. "Use Fee" shall mean any fee or compensation received by LESSEE from a third party in exchange for the use of hangar space, tie downs and/or shade ports, provided that such use is not pursuant to a written sublease entered between LESSEE and a third party for such hangar space, tie downs and/or shade ports. b. "Standard Rental Rate" shall mean those rental rates as published by LESSEE and provided to LESSOR on at least a quarterly basis for all of the following: (i) commonly recognized sizes and/or names of the individual hangar units (Le. T-30, T-40, T-50, etc.) within the Premises; (ii) commonly recognized locations of aircraft tie down areas within the Premises; (iii) commonly recognized locations of shade port areas within the Premises; and (iv) facilities that do not adhere to the type, dimension and/or common name or location as previously set forth, in which case the rental rates published by LESSEE shall be based on the square footage of said facility, including all build-outs, storage rooms, parts and equipment rooms and other appurtenances, multiplied by the average rental rate published by LESSEE as required herein for the same class of hangar or other facility. ? () 5 Page 5 of36 3.2.3 Percentage Rent on Use Fees or Standard Rental Rates. LESSEE shall pay to LESSOR as part of the Percentage Rent an amount equal to five percent (5 %) of any and all Use Fees which LESSEE receives from third parties for the use of hangar space, tie down space and/or shade ports, provided however, that if any Use Fee received by LESSEE is less than the Standard Rental Rate for that same facility in connection with which the Use Fee is paid, LESSEE shall instead pay to LESSOR an amount equal to five percent (5 %) of the Standard Rental Rate for said facility. Additionally, LESSEE shall pay to LESSOR as part of the Percentage Rent an amount equal to five percent (5 %) of any and all Standard Rental Rates for hangars, tie downs, shade ports, and/or spaces within the same which are Occupied by LESSEE or which are Occupied by a third party but for which no compensation is paid to LESSEE, however, those spaces occupied by the Town of Marana are exempted from the provisions of this paragraph. 3.2.4 Miscellaneous Terms Regarding Percentage Rent. As used herein, the definition of "aircraft hangar" or "hangar" shall be any enclosed structure existing at the Premises at any time during the Term of this Lease constructed for the purpose of the storage, maintenance and repair, painting, construction and/or refurbishing of aircraft. As used herein, the definition of "tie down" or "tie down area" shall be any open, uncovered area within the Premises at any time during the Term of this Lease which is typically used for parking and securing aircraft to the ground. As used herein, the definition of "shade port" or "shade port area" shall be any covered but open area within the Premises at any time during the Term of this Lease which is typically used for parking aircraft. a. With respect to this article and all others contained herein, unless so stated otherwise, "Occupancy" or "Occupied" shall mean any physical possession by LESSEE or a third party, contractual obligation or other arrangement for the control, use, tenancy or other habitation by LESSEE or any other entity or individual of any aircraft hangar or part thereof. In no event, however, shall LESSEE be required to pay Percent Rent for any aircraft hangar, tie down or shade port that is not Occupied. b. If a third party uses any space, including but not limited to office space, within the Premises other than hangar space, tie downs and/or shade ports, such use by a third party shall be pursuant to a written sublease. : .:. 7 i.'~ 3.2.5. Reporting. LESSEE shall provide to LESSOR, by the fifteenth calendar day following the end of each calendar quarter or as soon as practicable upon written request, a report containing the following information in the manner prescribed herein: ~ 5 ~ 1 : : 0- ~ A listing of all then existing hangars, tie down areas and shade ports, enumerated or named in such detail as to determine location. Page 6 of 36 ~ A schedule of Standard Rental Rates, corresponding to the hangar units, tie down areas, and shade ports, as defined above, currently implemented or as may be hereafter amended. ~ The status of Occupancy as it pertains to the individual hangar units, tie downs areas and shade ports, as defined above, as well as a list of all long term users of any tie down areas within the Premises. ~ A list of all then existing subleases between LESSEE and a third party for any and all portions of the Premises, the rent due thereunder and the frequency with which such rent is to be paid. ~ A summary of actual revenues received from the renting, providing or otherwise allowing use and Occupancy of all hangars, tie downs areas, shade ports and any other space within the Premises. In the case where no actual income is generated, the Standard Rental Rate of an Occupied facility, tie down area, shade port or hangar shall be reported. ~ All reports shall be in both printed and electronic form. The electronic data shall be of a spreadsheet base capable of being opened, read or translated, and manipulated by Microsoft Excel and submitted with payment. 3.2.6. Payment. In accordance with all of section 3.2 above, including any and all subsections thereto, and as prescribed therein, LESSEE shall compute and report the Percent Rent each calendar quarter. Percent Rent for a quarter shall be due and payable no later than thirty (30) days following the end of said quarter. Payment shall be remitted to the person and address as designated by LESSOR. 3.3. Fuel Flowage Fee. During the Term, LESSEE shall pay to LESSOR, in addition to Fixed Rent, sales taxes and other taxes, Percentage Rent and all other fees and amounts due hereunder, a fee (the "Fuel Flowage Fee") for every gallon of all aviation fuel and other fuel delivered upon the Premises, whether delivered directly into a centralized fuel farm, an airplane or other vehicle, delivered into a fuel pumping truck, or delivered into any other container (but excluding any fuel which has already been subject to payment of a Fuel Flowage Fee when it was previously delivered at the Airport). This Fuel Flowage Fee shall apply to fuel delivered to or upon the Premises regardless of whether such fuel is delivered to LESSEE or a subtenant of LESSEE. LESSEE may assign the obligation to pay the Fuel Flowage Fee to subtenants, and to the extent such fees are actually paid by the subtenant, LESSEE's obligation for such fees is satisfied. Except as otherwise set forth herein the Fuel Flowage Fee shall be in the amount of six cents ($0.06) per gallon. On a quarterly basis, no later than thirty (30) days following the end of such quarter, LESSEE shall report to LESSOR the number of gallons of fuel delivered upon the Premises, substantiated by copies of the manifests, during the previous quarter and shall remit the Fuel Flowage Fee based thereon. LESSEE shall submit a statement of fuel flowage for the preceding calendar year not later than March 1 of each year. The statement shall show in reasonable detail Page 7 of 36 i 1 ? 5 =. 9 ~... .' the actual amount of each type of Fuel for which delivery was taken and the amount paid to LESSOR for Fuel Flowage Fees during the same period. Such annual statement shall be accompanied by the signed opinion of the person certifying such statement specifically stating that he has examined the report for such year, that he has examined LESSEE's books and records as he considered necessary under the circumstances, and that such statement accurately presents the total fuel deliveries of such year. Each sublease entered by LESSEE shall include a section imposing the same payment and reporting obligations upon the sublessee with regard to fuel(s) for which sublessee takes delivery at the Airport. The parties hereto agree and acknowledge that LESSEE may not preclude any subtenant of any portion of the Premises from having fuel delivered directly to that subtenant. In the event a subtenant takes delivery of fuel from a source other than Lessee, Lessee shall have no obligation to pay the Fuel Flowage Fee for such fuel deliveries unless such deliveries are prohibited by Lessor's minimum standards for the Airport. In the event a subtenant takes delivery of fuel from a source other than Lessee, Lessee shall have no obligation to pay the Fuel Flowage Fee for such fuel deliveries. In the event that LESSEE constructs or otherwise has built, a large fuel farm consisting of one hundred thousand gallons (100,000 gal) or more, and solely incurs the cost of filling said fuel farm, then the associated fuel flowage fees shall be abated for the initial filling of the fuel tanks associated with the fuel farm. Any subsequent replenishing, filling or any other associated deliveries shall be subject to the aforementioned fee and conditions. Nothing herein shall prohibit LESSOR from constructing a fuel farm at the Airport. 3.4 Amendment of Compensation. 3.4.1 Adopted Rates and Charges. The LESSOR and LESSEE hereby agree and acknowledge that the Council for the Town of Marana (the "Council") will periodically during the term, as limited in Section 3.4.3. below, adopt new schedules and policies of rate and charges relating to the Airport and the Premises (the "Adopted Rates and Charges"). The LESSOR and LESSEE hereby additionally agree that the Adopted Rates and Charges may include categories of fees which may not be identified herein. An analysis of the then current Rates and Charges shall be conducted by a consultant or firm having demonstrated a minimum of five (5) years experience in performing said analysis. The analysis shall take in to account the Rates and Charges from other airport of comparable size, capacity and service designation as well as a land appraisal. The date of adoption by the Council of the Adopted Rates and Charges shall be the date of the Council meeting during which the Adopted Rates and Charges are approved by the Council. LESSEE and LESSOR hereby agree that the amount of Fixed Rent, Percentage Rent, and Fuel Flowage Fee to be paid by LESSEE to LESSOR hereunder may be adjusted in accordance with the Adopted Rates and Charges. Until such time as the first Adopted Rates and Charges are adopted, the terms of Sections 3.1, 3.2 and 3.3 shall govern the amount of Fixed Rent, Percentage Rent, and Fuel Flowage Fee to be paid by LESSEE to LESSOR hereunder. If LESSEE provides written notice to LESSOR that LESSEE objects to the Adopted Rates and Charges and elects to 1 ~, f .-> :.'1: :;;..:: o Page 8 of 36 submit such objection to the provisions of Paragraph 19.14 herein, LESSEE shall continue to pay LESSOR such Fixed Rent, Percentage Rent and Fuel Flowage Fee as determined in accordance with Sections 3.1,3.2, and 3.3 without regard to said Adopted Rates and Charges, until such time as a negotiated settlement is reached or the arbitration is complete and the Arbitrator has rendered the final decision. LESSEE and LESSOR further agree that the standard to be utilized during any negotiations and by the Arbitrator in considering whether the LESSEE's objection to the Adopted Rates and Charges is justified shall be whether said Adopted Rates and Charges provide for reasonable consideration to be paid for rental of the Premises based upon rental rates charged at comparable facilities in the United States. Unless the Adopted Rates and Charges provide otherwise, LESSEE shall pay these additional categories of rent to LESSOR on a quarterly basis. 3.4.2 Effective Dates of Rent Changes. All changes in the amount of any rents and fees due hereunder resulting from the Adopted Rates and Charges shall take effect as of the next due date for such rents and fees occurring after the date of adoption of said Adopted Rates and Charges, provided however, that LESSEE shall not be responsible for any adjusted amounts of or additional categories of rents and fees relating to then current written subleases which provide for rental rates which were fixed prior to the adoption of the Adopted Rates and Charges (such subleases being hereinafter referred to as "Fixed Rent Subleases"). Additionally LESSEE shall not be responsible for any adjusted amounts of or additional categories of rents and fees relating to exercised options for renewal under Fixed Rent Subleases which also provide for rental rates and fees which were fixed prior to the adoption of the Adopted Rates and Charges (such renewals being referred to herein as "Fixed Rent Renewals"). For all subleases other than Fixed Rent Subleases and Fixed Rent Renewals, LESSEE's obligations for the adjusted amounts of and additional categories of rent relating to subleases shall commence on the next due date for such rent occurring after the date of adoption of said Adopted Rates and Charges. For new subleases and/or renewals of subleases other than Fixed Rent Renewals, LESSEE's obligations for the adjusted amounts of and additional categories of rent relating to such new subleases and renewals shall commence upon LESSEE's entering into said new sublease or renewal. 1 3.4.3. Changes in Adopted Rates and Charges. LESSEE and LESSOR hereby agree and acknowledge that the Council may adopt new or revised Adopted Rates and Charges as often as it deems appropriate; however, the rents due hereunder may only be changed as the result of Adopted Rates and Charges once every five (5) years during the Term hereof. f1 5 5 3.5 Record Keeping. LESSEE shall keep true and accurate account records, books and data in accordance with generally accepted accounting principles that shall show all rents billed to and receipts collected from third parties for any part of the Premises. LESSEE shall maintain annual corporate income tax returns and corporate financial statements certified by a Certified Public Accountant. LESSOR shall have the right to examine all 9 Page 9 of36 financial books and records pertaining to this Lease or to the use of the Premises upon three (3) business days advance written notice to LESSEE. LESSOR shall have the right to annually conduct an audit of the airport records and financial statements. 4 USE OF PREMISES. 4.1 Aeronautical and Aviation Related Uses. LESSEE shall use the Premises only for businesses associated with aeronautical and/or aviation related private businesses, airport support businesses, appropriate aviation related governmental agencies, and related structures, including storage, overhaul, repair, sale, rental and other normal and customary functions of a fixed base operator, so long as they are consistent with FAA regulations and do not interfere with the LESSOR's ability to receive grant funding. Without limiting the foregoing, the Premises may be used for any of the following purposes: a. Operation of the business of buying and selling aircraft, parts and accessories therefor, and aviation equipment of all descriptions either at retail or wholesale. b. The business of renting and leasing of aircraft. c. Conducting a flying school for training of personnel in the employ of LESSEE and members of the general public as students limited to dual and solo flight training in fixed and rotary wing aircraft and such related ground school instruction as is necessary to prepare a student pilot to take a written examination and flight check ride for a pilot's certificate or appropriate aircraft rating from the FAA d. Operation and sale of aerial survey, photograph and mapping serVIces. e. Overhaul services to aircraft engines, airframes and propellers as licensed by the F. A. A. f. Operation of a non-scheduled charter transportation of passengers complying with all federal regulations and pertinent laws of the State of Arizona. g. Operation of a radio and instrument repair and overhaul service as licensed by the FAA. .i- t n ...' .-" !!J h. Operation of school for the instruction of navigation, mechanics, aerial photography, aircraft design and theory and construction of aircraft . 5 u 4.2. Non-Airport Activities. LESSEE shall not permit its sublessees, agents, customers, patrons or others to engage in activities which are not reasonably related to aeronautical and/or aviation related private businesses, airport support businesses, appropriate aviation Page 10 of36 related governmental agencies, and related purposes without fIrst obtaining the prior written consent of FAA (where applicable) and LESSOR. 4.3. Report of Leasing Activity. 4.3.1 On a periodic basis, but not less than annually, LESSEE shall submit a written report to LESSOR describing LESSEE's efforts to develop the Premises, the names of persons or entities which have inquired about subleasing a portion of the Premises, and a description of the status of planned development. 4.3.2 If any person or entity requests to sublease a portion of the Premises (a "Prospect") and LESSEE does not enter into a sublease with such Prospect, LESSEE shall provide LESSOR with written justifIcation for LESSEE's decision not to sublease to such Prospect. Further, LESSEE shall, if requested by LESSOR or the Federal Aviation Administration ("FAA"), provide data to support LESSEE's action. 4.3.3 The parties acknowledge that LESSEE does not have exclusive use of the Airport, nor the exclusive right to provide fIxed base operation services at the Airport. In order to assure this, the parties agree to certain conditions which will allow LESSOR to negotiate with prospective tenants with whom LESSEE is unwilling to enter into a lease. To this end, if any person or entity is interested in subleasing a part of the Premises and LESSEE does not reach agreement with such Prospect within six (6) months after receipt from such Prospect of a formal written proposal, LESSEE shall promptly refer such Prospect to LESSOR's Airport Manager for all further negotiations (which negotiations shall relate only to property other than the Premises) and shall confIrm such referral by written notice to the Airport Manager accompanied by all information in LESSEE's possession pertaining to such Prospect. LESSEE shall thenceforth refrain from any further contact with such Prospect except to the extent specifIcally requested by LESSOR. 4.4 Approval of Subleases. LESSEE is permitted to sublet portions of the Premises only for aeronautical and/or aviation related private businesses, airport support businesses, and appropriate aviation related governmental agencies, subject to prior written approval of LESSOR. Such approval shall not be unreasonably withheld. When requesting LESSOR's approval of a sublease, LESSEE shall accompany its request with a copy of the actual sublease documents it plans to submit for execution by the sublessee, including a specifIc description of the activities to be conducted by the sublessee at the Airport. Within thirty (30) days after submission of the proposed sublease documents by LESSEE, LESSOR shall notify LESSEE in writing of approval or rejection thereof. In the event LESSOR deems such thirty (30) day period to be inadequate for its review of a proposed sublease, LESSOR may extend such period for an additional thirty (30) days by giving written notice thereof to LESSEE prior to the expiration of the initial period. Thereafter, such period may be extended only for good cause or by mutual agreement of the parties. If LESSOR rejects the sublease, it shall give detailed reasons therefor and use its best efforts to provide recommended revisions or other conditions for acceptance. All subleases, amendments, and other lease documents shall be approved as to form by LESSOR, as evidenced by the i =, ... ::J> :- =-- n L= 1 Page 11 of36 signature of LESSOR's designated representative on the original of such document. Any such sublease shall only be for a portion of the Premises reasonably necessary for the authorized activity of the sublessee, shall be subject to the terms of this Lease, and shall contain, as a minimum, the provisions required by this Lease. In lieu of initially submitting the actual sublease documents, LESSEE may submit to LESSOR for approval a memorandum of understanding or letter of intent (a "Proposal") between LESSEE and the proposed sublessee. A Proposal shall cover all of the essential business terms of the deal in sufficient detail for LESSOR to evaluate them as provided above. In the event a Proposal is so approved, LESSEE and the sublessee shall proceed to fmalize the sublease documents, which shall remain subject, however, to LESSOR's final review and approval, which approval will not be unreasonably withheld or delayed. 4.5 Lawful Use and Condition of Premises. LESSEE shall comply with all county, state and federal laws, including without limitation FAA Regulations and any and all applicable zoning laws that may apply to LESSEE's use of the Premises, as well as with applicable Town of Marana laws, regulations and ordinances. LESSEE shall obtain, at its own cost, any licenses that may be required by law for its operation. LESSOR will assist and cooperate to the extent possible to obtain required licenses and permits. 4.6 Other Rights of LESSEE. LESSOR hereby grants LESSEE and its sublessees and their agents, employees, contractors, and invitees the following additional privileges, uses and rights, all of which are subject to the terms, conditions, and covenants contained in this Lease and all of which shall be nonexclusive with respect to the Airport: 4.6.1 The use of all public airport facilities and improvements which are now or may hereafter be constructed and are appurtenant to the Airport. For the purpose of this Lease public airport facilities shall include, without limitation, all necessary landing area appurtenances, including but not limited to approach areas, runways, taxiways, aprons, aircraft and automobile parking areas, roadways, sidewalks, navigational and aviation aids, lighting facilities and other public facilities of the Airport. 4.6.2 The right of ingress and egress from the Premises to all runways, taxiways and facilities enumerated in the preceding paragraph, and over and across the public roadways serving the Airport, subject to any and all ordinances, rules and regulations which are now or may hereafter apply at Airport. 4.7 Public Funding for Improvements. The LESSOR has demonstrated a desire to develop and promote the Airport and surrounding area through tenant negotiations and establishing zoning guidelines as well as pursuing the establishment of an airport influence area to protect the airport environment. LESSOR acknowledges that LESSEE's ability to sublease various portions of the Premises may depend upon the availability of certain public improvements. In the event that such improvements become apparent, LESSEE will submit a written request to LESSOR detailing the needed improvement. Accompanying this request will be necessary documentation consisting of an estimate of the project costs, site map, reasoning of need and any other substantiating data. LESSOR will then determine if said improvements fit within the overall priority and scope of public :~.i .-- . ~ 2 Page 12 of36 improvements, which meet the needs of all facility users. If approved improvements are not contained within the current Master Plan and/or ALP, LESSOR will initiate the process whereby those changes can be effected. Notwithstanding the foregoing, the areas identified on Exhibit "D," although part ofthe Premises under this Agreement, are also public access areas of the Airport. All of the areas identified on Exhibit "D" shall continue to be available for construction and maintenance funds from all local, state or federal sources. 4.7.1. Sole Use and Single Leaseholds. Both parties acknowledge that public funding for the development of improvements which benefits a sole user mayor may not be made available by any government agency. With few exceptions, it has been determined by the director of the ADOT Aeronautics Division, with FAA concurrence, that regardless of the number and type of operations of any subleases, a leaseholder is the sole beneficiary of any proposed improvement, which effects only that land of a single leasehold. It is further acknowledged that it shall be the discretion of the LESSOR to fund any approved improvements and projects to the extent LESSOR deems necessary in order to provide the users a safe and effective airport and shall take necessary steps to secure the long term viability of the Airport. 4.7.2. Governmental Funding. LESSOR makes no representation that governmental funding for Public Airport Facilities will be made available or as to the amount thereof. LESSOR shall however, take all actions that are prudent and within its means to obtain as promptly as possible whatever state, federal or other governmental funding that may be made available. Nothing contained in this Paragraph 4 shall be deemed to obligate LESSOR to pay for or seek other governmental funding for any project or improvement which is located entirely within a subleased portion of the Premises or which benefits only one sublessee. 4.8 Water Delivery for Fire Protection System. LESSOR acknowledges that LESSEE may be unable to sublease any part of the Premises by reason of the lack of a water delivery system at the Airport sufficient to provide the fire protection required by the relevant governmental authorities. LESSOR therefore agrees to use due diligence and take all actions reasonably necessary to ensure that by June 30,2001, a suitable water delivery system is designed and either constructed or will imminently be constructed, to the extent necessary to allow LESSEE to sublease the Premises without the use thereof by sub lessees violating applicable legal, regulatory or insurance requirements. After the completion of such construction, LESSEE or its sublessees, as the case may be, shall be responsible for paying the cost of installing fire protection systems as required by applicable fire codes in any buildings or other improvements owned or occupied by LESSEE or its sublessees at the Airport. 1 M/ .-" :::J. ~ , , .- 4.8.1 In the event LESSOR fails to meet the June 30,2001, date set forth above 0 for any reason except "force majeure" (defined below), the Fixed Rent shall be .j abated for those unimproved portions of the Premises marked with diagonal lines on Exhibit "A" for the period from June 30, 2001, through the date construction of the water delivery system, as described above, is completed. As used herein, the Page 13 of36 term "force majeure" means labor dispute, fire, flood or other disaster, unusual delay in deliveries, unavoidable casualties or other causes beyond the control of LESSOR or the contractor constructing the water delivery system. 4.8.2 In the event the lack of a water delivery system prevents LESSEE from subleasing the premises in the manner described in the preceding paragraph 4.8, the LESSEE will have the option to cancel this Lease. If LESSEE desires to cancel this Lease pursuant to this subsection, LESSEE must deliver written notice to LESSOR within thirty-six (36) months from the date of this Lease, and if not exercised within that period, this right shall forever terminate. 4.9 Financing of Improvements. LESSOR acknowledges that LESSEE may wish to borrow money from time to time in order to finance the construction of improvements to the Premises, and that the lender (the "Leasehold Mortgagee") will require a mortgage or deed of trust encumbering LESSEE's interests under this Lease (a "Leasehold Mortgage") as collateral for any such loan. The exact terms that a Leasehold Mortgagee will require to protect the security for its loan will not be known until LESSEE negotiates for a specific loan. If LESSEE enters into a Leasehold Mortgage and provided that LESSOR is given written notice of the existence of such Leasehold Mortgage from the Leasehold Mortgagee and that the Leasehold Mortgage itself requires the following LESSOR agrees to: (1) send the Leasehold Mortgagee a copy of any notice which it sends to LESSEE under this Lease; (2) allow the Leasehold Mortgagee an additional thirty (30) days beyond the time given to LESSEE to cure any defaults by LESSEE under this Lease; (3) obtain the Leasehold Mortgagee's consent to any cancellation, or surrender of this Lease or any amendment or modification thereof which materially affects the collateral position of the Leasehold Mortgagee,;, and (4) allow the Leasehold Mortgagee to foreclose and otherwise enforce its Leasehold Mortgage (by, for example, collecting rent directly from sublessees or having a court appoint a receiver) in the event of a default by LESSEE under the terms of the loan provided that the Leasehold Mortgagee performs all obligations of LESSEE under this Lease. The consent requirement in the preceding sentence shall not be deemed to limit LESSOR's rights and remedies in the event of default by LESSEE. LESSOR shall have the right to approve any receiver to be appointed by a court during the foreclosure of the Leasehold Mortgage and the ultimate purchaser of LESSEE's interest at the foreclosure sale, as well as the right to require that the LESSEE's obligations herein be performed by the Leasehold Mortgagee and any successor thereto. ~ : 4.10 Provision of FBO Services. During the term of this Lease and any extension thereof, LESSEE shall provide the services of Fixed Base Operator through its affiliate Tucson Aeroservice Center or successor entity. Those minimum services shall include, but not be limited to, aviation fuel sales, hangar rental, aircraft maintenance and Unicorn Radio service. These, and any other services which the LESSEE deems desirable, shall be provided on a daily basis during the normal operating hours of7:30 a.m. to 5:30 p.m. with provisions being made for the availability of non-working hours fuel servicing of aircraft. Nothing contained within this paragraph shall be interpreted to preclude LESSEE or o Page 14 of36 Tucson Aeroservice Center from selling or transferring its rights and obligations as Fixed Base Operator to another entity whether related or unrelated, whereupon LESSEE's obligations under this paragraph shall cease permanently. 4.11 Restrictions of Use of Premises. LESSEE hereby agrees and acknowledges that the use of all portions of the Premises shall comply and be in accordance with the Airport Master Plan and Airport Layout Plan as may be amended. LESSEE further agrees and acknowledges that all uses of all or any portion of the Premises shall not conflict with any current, future or amended Rule, Regulation and/or Order as may be imposed by the FAA, ADOT or LESSOR. In the event that a use of any portion of the Premises is determined to be in conflict with any Restriction, LESSEE shall be given reasonable time in which to correct said conflict. Any and all mitigation resulting from LESSEE's actions, errors or omissions and any and all actions required to be taken by LESSEE so that the use of the Premises complies herewith shall be the sole responsibility of and shall be at the sole cost of LESSEE, except as otherwise provided for in this agreement. 5 INSURANCE. 5.1 LESSEE's Insurance. LESSEE shall keep and maintain at its sole cost fire and extended damage coverage insurance for all structures and facilities constructed on the Premises in an amount reasonably comparable to that of similar insurance carried by other Airport lessees in the State of Arizona. LESSEE shall also keep and maintain at its sole cost and expense a Three Million Dollar ($3,000,000. (0) single limit comprehensive public or commercial general liability insurance policy with specific provisions covering bodily injuries, property damage, premises liability, contractual liability , completed operations, if any, products liability, if any, and Hangar Keepers Liability. In addition, LESSEE shall provide such additional insurance, for example jump and special events coverage, as may be reasonable and appropriate to cover liability arising out of activities authorized by LESSEE or its sublessees to be conducted on the Premises or as otherwise reasonably required by LESSOR. 5.2. Sublessees' Insurance. In lieu of providing such insurance itself, LESSEE shall require a sublessee to maintain (i) property damage and/or liability insurance with respect to any improvements, which such sublessee is occupying, and (ii) additional insurance with respect to the activities such sublessee is conducting at the Airport. Such sublessees and any insurance policies, which they provide, shall be subject to all of the requirements this Article imposes with regard to LESSEE's insurance, including but not limited to those in the following paragraph. 1 U r- 5.3. Additional Insured. LESSEE shall name LESSOR as additional insured on all liability policies and shall provide LESSOR with copies of certificates of insurance and the endorsement of additional insured each year as the policies are renewed. LESSEE shall also require the insurer to provide LESSOR with a written notice of cancellation a minimum of thirty (30) days before cancellation. In those instances where special events are to be conducted on or within proximity of leasehold where leasehold may be affected, it is agreed that the sponsoring entity shall provide insurance, either by separate policy or Page 15 of36 as a condition of an existing policy, Special Event Insurance whereby the LESSEE shall be named as additional insured. 5.4. Unavailability of Insurance. If LESSEE cannot obtain any insurance required pursuant to this Lease because of its unavailability or umeasonably prohibitive cost, LESSEE shall be entitled to be relieved of the requirement to maintain such insurance provided it discontinues the activity which would otherwise be covered thereby. The parties may renegotiate the terms of this Lease with respect to insurance requirements in the event LESSEE encounters difficulty in fulfilling such requirements. 5.5 Application to Sub-leases. LESSEE shall include in any and all subleases for portions of the Premises and/or the Airport and in any and all agreements with third parties to provide services at the Airport the requirement that the sublessee or third party maintain at all times during the sublease or service agreement appropriate types and levels of insurance coverage, as reasonably determined by LESSOR when reviewing said subleases for approval in accordance with Section 4.4 above. Additionally, LESSEE shall include in any and all subleases for portions of the Premises and/or the Airport and any and all agreements with third parties to provide services at the Airport the requirement that LESSOR be named as an additional insured under all policies of insurance required to be maintained by the sublessee or third party. 6 INDEMNIFICATION. 6.1. By LESSEE. LESSEE shall indemnify, defend and hold harmless LESSOR, its officers, departments, employees and agents from, for and against any and all suits, actions, legal or administrative proceedings, claims, demands or damages of any kind or nature arising out of this Lease which are the result of any act or omission of LESSEE, its agents, employees, or anyone acting under the direction or control or on behalf of LESSEE, its agents or employees. 6.2. By LESSOR. LESSOR shall indemnify, defend and hold harmless LESSEE, its owners, affiliates, officers, employees and agents from, for and against any and all suits, actions, legal or administrative proceedings, claims, demands or damages of any nature arising out of this Lease which are the result of any act or omission of LESSOR, its officers, departments, employees and agents or anyone acting under their direction or control or on their behalf. 1 6.3. Duty of Care. LESSEE shall exercise reasonable care on the Premises and Airport and shall advise LESSOR when conditions, which may pose an umeasonable risk of harm to members of the general public, are discovered. When LESSEE is advised by its employees or the LESSOR that an unsafe or dangerous condition exists on the Premises, LESSEE shall take reasonable steps to correct the condition and shall be responsible that members of the general public are not exposed to danger. LESSOR shall take reasonable steps to correct any such condition with regard to portions of the Airport, which are outside the Premises and not otherwise leased. ELF 5 ..' ::!< t.:= Page 16 of36 6.4 Application to Sub-leases. All of LESSEE's obligations under Sections 6.1 and 6.3 above shall be included in all subleases for portions of the Premises and/or Airport and agreements with third parties to provide services at the Airport as obligations of the sublessee or third party thereunder with such obligations to also be in favor of LESSOR. Such inclusion in subleases and service agreements shall not in any way diminish LESSEE's obligations as set forth in Section 6.1 and 6.3 above. 7. CONSTRUCTION OF STRUCTURES & IMPROVEMENTS. 7.1 LESSEE's Improvements. LESSEE may construct improvements on the Premises as contemplated by this Lease, provided: a. All proposed construction shall conform to this Lease and to the scheme contained in the Airport master plan; and b. LESSEE is not in default in the performance of any of the terms of this Lease. 7.2. LESSOR's Approval. LESSEE shall notify LESSOR in writing of its intention to construct improvements on the Premises. The written notice shall specify the location of the improvements together with a detailed site plan and (if available) architectural plans, specifications and other relevant documentation. Additionally, the written notice will set forth the particular infrastructure needs of the improvements, including but not limited to water, electric, fire protection, transportation, wastewater, and other utilities. These documents shall be submitted to the Airport Manager and such other officials as LESSOR may designate. LESSOR acknowledges the necessity for expedited review of all plans submitted by LESSEE to LESSOR pertaining to the development of the Premises and agrees to use its best efforts to accomplish such expedited review of the plans. If LESSOR rejects the proposed improvements, LESSOR shall give detailed reasons therefor and will use its best efforts to provide recommended revisions for acceptance. If LESSOR gives its acceptance, such acceptance shall be subject to LESSEE's compliance with Part 77 of the FAA Regulations, as they may be amended. LESSOR may refuse to permit the construction or installation of any improvement if the type of construction or installation or the location of such improvement (1) does not meet LESSOR's reasonable and lawful requirements for safe use of the Airport, (2) does not comply with the LESSOR's building codes, laws or other regulations, (3) does not conform to the applicable laws ofthe United States or the State of Arizona, or (4) does not conform to applicable Federal Aviation Regulations (FARs), Advisory Circulars, FAA Orders, and other FAA directives as they exist and as they may be amended or added from time to time. Following approval of such improvements, LESSEE shall obtain the necessary permits and proceed with approval and construction as set forth in the LESSOR's applicable development codes. LESSEE shall have the right to make major alterations and modifications in any buildings, structures or other improvements now or hereafter constructed or installed in or on the Premises, subject to the provisions of this paragraph. Items of normal repair and maintenance and minor alterations and modifications constructed at a cost under ten thousand dollars ($10,000.00) need not be submitted to LESSOR for approval unless required by applicable development or building codes. Page 17 of36 7.2.1. In the event LESSOR is unable to provide sufficient personnel (either in- house staff or outside consultants to LESSOR) to review the plans within thirty (30) days, LESSEE may elect to pay the reasonable costs incurred by LESSOR to retain such consultants or other experts as LESSOR may reasonably deem necessary to review the plans on behalf of LESSOR. Because of LESSEE's liability for the consultant's fees, any consultants under this paragraph shall be selected by the agreement of both LESSOR and LESSEE. LESSOR and LESSEE shall diligently select consultants following a request by LESSEE hereunder. LESSEE acknowledges that the consultants' recommendations will be subject to review and revision by LESSOR's staff and that LESSOR shall not be bound by any of the consultants' recommendations unless approved by LESSOR's governing body or other board or person having final approval rights with respect to the plans. LESSOR's non-liability for a consultant's fees hereunder shall be unconditional and LESSEE shall indemnify and hold LESSOR harmless from any claims relating to such fees. 7.3 No Obligation for Leasehold Improvements. Without limiting the effect of paragraph 4.7 of this Lease, LESSOR shall have no obligation to pay for the cost of construction of leasehold improvements. 7.4 No Liens. LESSEE shall not permit any mechanic's lien to be filed against the Premises or the improvements located on the Premises by reason of work, labor, services, or materials supplied or claimed to have been supplied, whether before or after the commencement of this Lease. If any mechanic's lien is at any time filed against the Premises or any improvement on the Premises, LESSEE shall, as soon as possible after notice of the filing of the lien, cause such lien to be discharged of record by payment, deposit, bond, order of a court of competent jurisdiction, or otherwise. If LESSEE fails to discharge the lien within thirty (30) days, LESSOR may discharge such lien with LESSEE's approval or after a [mal judgment is rendered either by paying the amount claimed to be due or by procuring the discharge of such lien by deposit or by bonding proceedings. If a foreclosure action initiated by lien results in a final judgment in its favor, the LESSOR may, at its sole option, pay the full amount of such final judgment. Any amount paid or expended by LESSOR, including but not limited to costs and reasonable attorneys' fees for any of such purposes, with interest at twelve percent (12 % ) per annum from the date of payment, shall be repaid by LESSEE to LESSOR on demand. LESSOR's options under this paragraph shall be in addition to any other right or remedy LESSOR may have. ~ , ... 1 7.5 Consent to Removal. No building, structure or other improvement installed, constructed, erected or placed by LESSEE or a third party on the Premises shall be removed from the Premises without the prior written consent of LESSOR, which shall not be unreasonably withheld. :::J. -- ~ i5::J! 7.6 No Obligation for Public Airport Facilities. Notwithstanding anything in this Lease to the contrary, neither LESSEE nor its permitted sublessees shall have any responsibility or obligation for the construction, installation or maintenance of public airport facilities. 8 Page 18 of36 7.7 Applicability to Third Parties. LESSEE shall make the provisions of Section 7 binding upon the other party in any sublease agreement or contract by which LESSEE grants a right or privilege to any person, firm, or corporation under this lease. 8 ENVIRONMENTAL PROVISIONS. 8.1 LESSEE's Obligation. LESSEE shall, at LESSEE's own expense, comply with all present and hereinafter enacted Environmental Laws, and any amendments thereto, applicable to LESSEE's operation on the Premises. 8.2 Definitions. "Environmental Laws" shall mean anyone or all ofthe following as the same are amended from time to time: the Comprehensive Environmental Response, Compensation, and Liability Act, 42 V.S.C. Section 9601 et seq.; the Resource Conservation and Recovery Act, 42 V.S.C. Section 6941 et seq.; the Toxic Substances Control Act, 15 V.S.C. Section 2601 et seq.; the Safe Drinking Water Act, 42 V.S.C. Section 300h et seq.; the Clean Water Act, 33 V.S.C. Section 1251 et seq.; the Clean Air Act, 42 V.S.C. Section 7401 et seq.; the Arizona Environmental Quality Act, A.R.S. Section 49-201 et seq.; the Arizona Hazardous Waste Management Act, A.R.S. Section 49-921 et seq.; and the Arizona Vnderground Storage Tank Regulation statute, A.R.S. Section 49-1001 et seq.; and the regulations promulgated thereunder and any other laws, regulations and ordinances (whether enacted by the local, state or federal government) now in effect or hereinafter enacted that deal with the regulation or protection of the environment, including the ambient air, ground water, surface water, and land use, including substrata land. The term "hazardous material" includes: a. Those substances included within the definitions of hazardous substance, hazardous material, toxic substance, regulated substance, or solid waste in the Comprehensive Environmental Response, Compensation and Liability Act, 42 V.S.C. Section 9601 et seq., the Resource Conservation and Recovery Act, 42 V.S.C. Section 6901 et seq.; and the Hazardous Materials Transportation Act, 49 V.S.C. Section 1801 et seq. and the regulations promulgated thereto; b. Those substances included within the definitions of hazardous substance, pollutant, toxic pollutant, regulated substance, hazardous or solid waste in the Arizona Environmental Quality Act, A.R.S. Section 49-201 et seq.; including, but not limited to, the Water Quality Assurance Revolving Fund statute, A.R.S. Section 49-701 et seq., and the Vnderground Storage Tank Regulation statute, A.R.S. Section 49-1001 et seq.; 9 c. Those substances listed in the Vnited States Department of Transportation Table (49 D.F.R. Section 172.101 and amendments Page 19 of36 thereto) or by the Environmental Protection Agency as hazardous substances (40 C.F.R. part 302 and amendments thereto); and, d. All substances, materials and wastes that are, or that become, regulated under, or that are classified as hazardous or toxic under any environmental law. The term "release" shall mean any releasing, spilling, leaking, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching, disposing, or dumping. 8.3 Compliance. LESSEE shall not cause any hazardous material to be used, generated, manufactured, produced, stored, brought upon, or released, on, under, or about the Premises, or transported to and from the Premises, by LESSEE, its affiliated entities, owners, agents, employees, contractors, invitees, sublessees or a third party in violation of any Environmental Law, and shall use its reasonable best efforts to prevent any such occurrence. LESSEE shall indemnify, defend and hold harmless LESSOR, its successors and assigns, its employees, agents and attorneys from, for and against any and all liability, loss, damage, expense, penalties and legal and investigation fees or costs, arising from or related to any claim or action for injury, liability, breach of warranty or representation or damage to persons or property and any other claims or actions brought by any person, entity or governmental body, alleging or arising in connection with contamination of, or adverse effects on, the environment or violation of any Environmental Law or other statute, ordinance, rule, regulation, judgment or order of any government or judicial entity which are incurred or assessed as a result (whether in part or in whole) of any activity or operation on or discharge from the Premises during the term of this Lease by LESSEE or its owners or related entities. This obligation includes but is not limited to all costs and expenses related to cleaning up the Premises, land, soil, underground or surface water as required under the law. LESSEE's obligations and liabilities under this Paragraph shall continue so long as LESSOR bears any liability or responsibility under the Environmental Laws for any action that occurred on the Premises during the term of this Lease. This indemnification of LESSOR by LESSEE includes, without limitation, costs incurred in connection with any investigation of site conditions or any cleanup, remedial, removal or restoration work required by any federal, state or local governmental agency or political subdivision. The parties agree that LESSOR's right to enforce LESSEE's promise to indemnify is not LESSOR's sole remedy for LESSEE's violation of any provision of this Paragraph; LESSOR shall also have the rights set forth in this Paragraph 8.3 in addition to all other rights and remedies provided by law or otherwise provided in this Lease. Notwithstanding the foregoing, nothing contained in this Paragraph 8.3 shall obligate LESSEE to indemnify, defend or hold LESSOR harmless from the results of any negligence or willful misconduct by LESSOR or its agents, nor to waive any legal right or remedy LESSEE might have against LESSOR by reason thereof. As used herein, "related entities" means two entities which are under common control or one of which controls the other, and "control" means the power to impose management and policy decisions. 1 ,.... z z n 'f.:.J' ,...... ::::p 8.3.1 Without limiting the foregoing, if the presence of any hazardous material on, under or about the Premises caused by LESSEE or its owners or related entities in violation of this Lease results in any contamination of the Premises, LESSEE Page 20 of 36 shall promptly take all actions at its sole cost and expense as are necessary to return the Premises to the condition existing prior to the introduction of any such hazardous material to the Premises; provided that LESSOR's approval of such actions shall first be obtained, which approval shall not be unreasonably withheld so long as such actions would not potentially have any material adverse long-term effect on the Premises. 8.3.2 LESSEE shall, at LESSEE's own cost and expense, make all submissions to, provide all information to, and comply with all requirements of the appropriate governmental authority (the "Government") under the Environmental Laws pertaining to LESSEE's operation on the Premises. Should the Government determine that a site characterization, site assessment and/or a cleanup plan be prepared or that a cleanup should be undertaken because of any spills or discharges of hazardous materials at the Premises during the term of this Lease which are caused by LESSEE, its sublessees, or its owners or related entities, then LESSEE shall, at LESSEE's own cost and expense, prepare and submit the required plans and financial assurances, and carry out the approved plans. At no cost or expense to LESSOR, LESSEE shall promptly provide all information reasonably requested by LESSOR to determine the applicability of the Environmental Laws to the Premises, or to respond to any governmental investigation or to respond to any claim of liability by third parties which relates to environmental contamination. 8.3.3 LESSEE shall immediately notify LESSOR of any of the following: (a) any correspondence or communication from any governmental entity regarding the application of Environmental Laws to the Premises or LESSEE's operation on the Premises, and (b) any change in LESSEE's operation on the Premises that will change or has the potential to change LESSEE's or LESSOR's obligations or liabilities under the Environmental Laws. 8.3.4 LESSEE shall make the provisions of this Paragraph 8.3 binding upon the other party in any sublease agreement or contract by which it grants a right or privilege to any person, firm, or corporation under this Lease. 8.4 Remedies. LESSEE's material failure to comply with any of the requirements and obligations of Paragraph 8.3 or applicable Environmental Law shall constitute a default of this Lease and shall permit LESSOR to pursue the following remedies, in addition to all other rights and remedies provided by law or otherwise provided in the Lease, to which LESSOR may resort cumulatively, or in the alternative: ~ 1 . . ,.- f1: 5 a. LESSOR may, at LESSOR's election, and upon thirty (30) days written notice to LESSEE, make payments required of LESSEE under this Paragraph 8 or perform LESSEE's obligations under this Paragraph and be reimbursed by LESSEE for the cost thereof, unless such payment is made or obligation performed by LESSEE within such thirty (30) day period. . ::Jo 2 1 .. . .:. Page 21 of36 b. LESSOR may, at LESSOR's election, and upon thirty (30) days written notice to LESSEE, terminate this Lease, unless, within such thirty (30) day period, LESSEE cures the default or, if the default is one which cannot reasonably be cured in that time, commences such cure and thereafter diligently pursues it. Upon LESSOR's termination, LESSOR shall be entitled to recover from LESSEE damages equal to the present value of the total amount by which all Rent and Fuel Flowage Fees during the balance of the Lease Term exceeds the amount of loss of such items that LESSEE proves could have been reasonably avoided by LESSOR. c. Notwithstanding any other provision in this Lease to the contrary, LESSOR shall have the right of "self-help" or similar remedy in order to minimize any damages, expenses, penalties and related fees or costs, arising from or related to a violation of Environmental Law on, under or about the Premises. 9 PUBLIC UTILITIES. 9.1 Payment. LESSEE shall payor cause it's permitted sublessees to pay for all public utility services supplied to it on the Premises, including but not limited to electricity, gas, water and sewage service and commodities. 9.2 Repair. LESSOR retains the right at its sole cost to utilize, connect or otherwise use any utility located within any utility easement and/or right-of-way within the Premises for the expansion and/or providing of services for use on the Airport and shall have the right and duty to repair the same. LESSEE shall not be required to bear the cost of repairing these utilities except as provided for in the applicable Town Code(s) or as agreed to by the execution of any and all contracts with any entity, whether held publicly or as a private corporation, for the providing of any service(s). Utility repairs, to be effected by the LESSOR, shall be done on a priority basis and shall not unreasonably interfere with LESSEE's operations. 9.3 Provision of Utilities. For those utilities solely supplied by the Town of Marana, LESSOR shall take all actions necessary to establish all utility corridors in order to maximize the utilization of the Premises. LESSOR, upon determining if a project's scope and priority coincides with the general overall plan for public improvements, shall exercise due diligence to obtain outside funding as may be available. LESSOR shall bear any costs and expenses incurred in establishing said corridors, and shall have all rights and obligations of the same. Without limiting the foregoing, LESSOR shall provide a water supply to LESSEE and to other water users on the Premises sufficient to allow fulfillment of the purposes contemplated by this Lease. LESSOR shall provide water to the Premises for use by LESSEE and its sub-lessees and the installation, maintenance, rates and fees, payment methods and all other applicable provisions shall be in accordance with the Town of Marana, Town Code, Chapter 14, "WATER". LESSEE shall, at no cost or expense to LESSOR, provide all public utility and sewage connections within the Premises which are needed for buildings, structures and other improvements, constructed on the Premises by =L1 :J , , .... "- ~ , "" Page 22 of 36 LESSEE or its sub-lessees. In the event that the creation of a publicly funded utility corridor prevents LESSEE from utilizing any portion of the Premises for the purposes contemplated by this Lease, such portion shall, if requested by LESSEE, be deleted from the Premises in accordance with Paragraph 1.3. 9.4 Rights of Way. If requested to do so by LESSEE, LESSOR shall grant reasonable rights-of-way on or across the Airport to public utility companies for the purpose of supplying LESSEE with utilities, but LESSOR reserves the right to designate the location of such rights-of-way. 10 MAINTENANCE. 10.1 LESSEE's Obligations. LESSEE shall retain the title to all improvements made by LESSEE on the Premises until such time as the title thereto transfers to LESSOR pursuant to Paragraph 18.4 below. LESSEE shall keep and maintain all improvements on the Premises to which LESSEE has title in a clean, good, safe and usable condition, and shall promptly commence and continue with reasonable due diligence to repair any damage or defects. LESSEE shall be responsible for coordinating and notifying the LESSOR of any construction or alteration on the Premises that will fall under the requirements of FAA Form 7460-1, Notice of Proposed Construction or Alteration; FAA Form 7480-1, Notice of Landing Area Proposal; or the Airport Master Record, FAA Form 5010-1 or other forms and/or notification that may be currently in effect or hereafter enacted by any duly authorized government agency or its assignee. 10.1.1 With respect to open or otherwise vacant land within the Premises, LESSEE agrees to periodically inspect said property and perform any general maintenance including but not limited to mowing and trimming, refuse removal, tree and shrub trimming, compliance with the Storm Water Pollution Plan as adopted by the Town, sight and visibility compliance. 10.2 LESSOR's Obligations. LESSOR shall keep and maintain in good condition and repair in compliance with FAA Regulations, other applicable Federal and State law and regulations and LESSOR's approved maintenance plan, all public airport facilities, including those areas identified on Exhibit "C," as well as any non-public improvements to which LESSOR has title. LESSOR shall be responsible for notifying and properly filing the necessary forms that fall under the requirements of FAA Form 7460-1, Notice of Proposed Construction or Alteration; FAA Form 7480-1, Notice of Landing Area Proposal; or the Airport Master Record, FAA Form 5010-1 1 or other forms and/or notification that may be currently in effect of hereafter enacted by any duly authorized government agency. 1 1 .... 10.3 Notices by LESSEE. Upon discovery, LESSEE shall immediately notify LESSOR of any Airport property within the Premises for which this Lease provides that LESSOR has the responsibility to repair and which is in need of maintenance and repair. Airport property within the Premises which is to be maintained by LESSOR as set forth herein shall be repaired on a priority basis if it adversely affects LESSEE's operation; otherwise, such repairs and maintenance shall be done within a reasonable time. 5 Page 23 of 36 10.4 Inspection by LESSOR. The condition of the Airport, LESSEE's operation, and the Premises shall be subject to inspection at any time by LESSOR with reasonable frequency and at reasonable times on no less than twenty-four (24) hours advance notice unless such notice is not feasible due to an emergency. This provision shall not impair LESSOR's ability to inspect, without prior notice to LESSEE, any portion of the Airport located outside of the Premises. 11 TAXES. 11.1 LESSEE's Payment. LESSEE shall pay before delinquent any and all applicable taxes levied or assessed by any government body as a result of LESSEE's operations and including but not limited to all rental taxes which may be levied or assessed against LESSOR and/or LESSEE, as provided by the Marana Tax Code. 12 RULES AND REGULATIONS. 12.1 LESSOR's Regulations. LESSEE shall observe and obey all applicable rules, policies, minimum standards and regulations relating to the Premises and/or the Airport which have been or may in the future be adopted or amended by LESSOR; provided, however, that such rules and regulations shall be consistent with rules, regulations and orders of the FAA. In addition LESSEE shall comply with the following standard FAA lease provisions listed in Paragraphs 12.2 through 12.17 below. 12.2 Department of Transportation Regulations. If facilities are constructed, maintained, or otherwise operated on the Premises for a purpose for which a Department of Transportation program or activity is extended or for another purpose involving the provision of similar services or benefits, LESSEE shall maintain and operate such facilities and services in compliance with all other requirements imposed pursuant to Title 49, Code of Federal Regulations, Department of Transportation, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in Federally Assisted Programs of the Department of Transportation Effectuation of Title VI of the Civil Rights Act of 1964, as may be amended from time to time. 12.3 Non-Discrimination. LESSEE, its successors in interest and assigns, do hereby covenant and agree that (1) no person on the grounds of race, color, gender, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of the Airport facilities on the Premises, (2) that in the construction of any improvements on, over, or under the Premises and the furnishing of services thereon, no person on the grounds of race, color, physical disability or national origin shall be excluded from participation in, denied the benefits of, or otherwise be subject to discrimination, (3) that the LESSEE shall use the Premises in compliance with all other requirements imposed by or pursuant to Title 49, Code of Federal Regulations, Department of Transportation, Subtitle A, Office of the Secretary, Part 21, Nondiscrimination in Federally Assisted Programs of the Department of Transportation Effectuation of Title VI of the Civil Rights Act of 1964, as may be amended from time to time. o .- ::Jo 1 ... n -; Page 24 of 36 12.4 Fairness. LESSEE shall furnish its accommodations and services on a fair, equal and not unjustly discriminatory basis to all users thereof. 12.5 Applicable to Other Agreements. LESSEE shall insert Paragraphs 12.2, 12.3, and 12.4 in any rental agreement, Sub-operator's agreement and the like, by which LESSEE grants a right or privilege to any person, firm, or corporation to render accommodations or services to the public on the Premises. 12.6 Affirmative Action. LESSEE shall undertake an affirmative action program as required by 14 C.F.R. Part 152, Subpart E, to insure that no person shall on the grounds of race, creed, color, national origin, or sex be excluded from participating in any employment activities covered in 14 CFR Part 152, Subpart E. LESSEE covenants that no person shall be excluded on these grounds from participating in or receiving the services or benefits of any program or activity covered by this provision. LESSEE shall require its suborganizations, sublessees, agents, and employees provide assurances to LESSEE that they similarly shall undertake affirmative action programs and that they shall require assurances from their suborganizations, as required by 14 CFR Part 152, Subpart E, to the same effect. 12.7 Non-Compliance. If a complaint is lodged alleging noncompliance by LESSEE with Paragraphs 12.2, 12.3, or 12.4 of this Article and an investigation and determination of noncompliance is made by a proper authority, LESSEE shall have a reasonable time but not less than thirty (30) days to comply after receipt of written notice of such noncompliance from LESSOR. Failure by LESSEE to cure the noncompliance shall constitute a material breach of this Lease and LESSOR shall have the right to terminate this Lease and the estate hereby created in accordance with ARTICLE XVI, at the election of LESSOR. LESSOR may enforce Paragraphs 12.2, 12.3, and 12.4 ofthis Article through court action or any other legal remedy in lieu of termination. 12.8 Future Development. LESSOR reserves the right to further develop or improve the air navigation facility and the landing and apron areas for the Airport in coordination with ADOT Aeronautics and the FAA for further growth and development. LESSEE shall not be required to bear any of the cost or expense of construction and maintenance of such improvements. 12.9 Future Construction. The parties agree to comply with their respective notification and review requirements covered in Part 77 of the Federal Aviation Regulations in the event future construction of a building is planned for the leased Premises, or in the event of any planned modification or alteration of any present or future building or structure situated on the leased Premises. ~ : .:. ? :-:i 'O:..i' 12.10 Elevation Restriction. LESSEE, by accepting this Lease, expressly agrees for itself, its successors and assigns that it will not erect nor permit the erection of any structure or object, nor permit the growth of any tree on the land leased hereunder above the permitted mean sea level elevation. In the event the aforesaid covenant is breached, the LESSOR reserves the right to enter upon the land leased hereunder and to remove the 5 .L 1 5 Page 25 of 36 offending structure or object and cut the offending tree, all of which shall be at the expense of the LESSEE. 12.11 Subordination to Federal Agreements. This Lease shall be subordinate to the provisions and requirements of any existing or future agreement between LESSOR and the United States or its agencies and departments relative to the development, operation or maintenance of the Airport. 12.12 No Exclusive Right. Nothing in this Lease shall be construed to grant or authorize the granting of an exclusive right within the meaning of U.S. Code 40103 (e) and 47107 (a) (4). 12.13 Applicable to Subleases. LESSEE shall insert the relevant provisions of this Article 12 in any agreement or contract by which it grants a right or privilege to any person, fIrm, or corporation under a sublease. As used in this Lease, the term "sublease" shall include month-to-month tenancies. 12.14 Compliance with Aviation Regulations. LESSEE shall conduct its operations and activities on the Airport in compliance with all applicable regulations of the FAA and the Arizona Department of Aeronautics. 13 SUPERIOR RIGHTS. 13.1 Preemption by U.S. During time of war or national emergency, LESSOR may enter into agreements with the United States Government for use of part or all of the Airport. LESSOR will coordinate any such agreement which affects LESSEE's operation with LESSEE in advance to the extent feasible. If any such agreement is executed by LESSOR, the provisions of this Lease, insofar as they are inconsistent with the provisions of any agreement made by LESSOR with the United States Government shall be superceded, and LESSEE shall have no claim against LESSOR for any loss or damage sustained by LESSEE because of the making of such agreement by LESSOR. 13.2 Disclaimer. The parties shall not be required to repair, replace, rebuild or construct any building or portion of any building so long as the obligated party is prevented from so doing by action of the United States Government. 14 RESERVATION OF EASEMENT. i ... 14.1 LESSO R' s Reservation of Rights. LESSOR hereby reserves for the use and benefIt of aircraft using the Airport a right of flight for the passage of aircraft in the airspace above the uppermost level of the construction on the Premises, together with the right to cause such noise as may be inherent in the operation of aircraft now known or hereafter used for navigation of or flight in the air using said airspace, or landing at, or taking off from, or operating on, the Airport. ? :- ::J. 5 ~ : 14.2 No Obstruction. LESSEE shall not make use of the Premises in any manner that might interfere with the landing and taking off of aircraft from the Airport or otherwise constitute a hazard. If this provision is violated, LESSEE shall immediately remedy the Page 26 of 36 situation upon reasonable notice by LESSOR. If LESSEE does not immediately remedy the hazard, LESSOR may at its option enter upon the Premises and abate the hazard at the expense of LESSEE. This paragraph shall not apply to improvements constructed with LESSOR's approval under Paragraph 7.2 15 ASSIGNMENT. 15.1 LESSOR's Consent. LESSEE shall not assign, sell, transfer, mortgage or pledge this Lease or any interest in it without first obtaining written consent from LESSOR, which consent shall not be unreasonably withheld. LESSEE granting to a lender a security interest in the proceeds of a sublease or in buildings or other improvements constructed for a sublessee in order to finance the cost of such construction shall not constitute an assignment prohibited hereby. Any change in principal ownership or control of LESSEE, except if due to the death or disability of a shareholder or made for estate planning or testamentary purposes, shall be considered an assignment of rights under this Lease. Any assignment of this Lease by LESSEE shall be upon the following conditions. 15.1.1 Any assignment of this Lease shall be in writing, signed by all parties to this Lease, and signed by the assignee. 15.1.2 Any assignment of this Lease shall provide that the assignee assumes and agrees to perform all of the terms, covenants and agreements which LESSEE has agreed to perform under this Lease. Provided LESSOR approves the assignee's financial and operative capabilities, LESSOR shall enter into a new agreement (novation) with LESSEE's assignee. LESSOR's approval for such novation shall not be unreasonably withheld or delayed. LESSOR shall thereafter rely solely on the assignee, and LESSEE shall have no further liability to LESSOR under this Lease except with respect to environmental indemnification for releases that occurred prior to the assignment. Absent a novation, the assignee shall become jointly and severally liable with LESSEE or any successor in interest of LESSEE for the performance of the terms and covenants of this Lease. 15.2 Compliance with Requirements. Any assignment or transfer whatsoever or pledge or mortgage made contrary to the terms of this Article shall be void. 16 TERMINATION BY LESSOR. 16.1 Default by LESSEE. If LESSEE defaults in the payment of any sums due LESSOR under this Lease, defaults by the nonperformance of some other obligation set forth in this Lease, or if one of the events of default set forth in Paragraph 16.2 below or elsewhere in this Lease takes place, LESSEE shall have thirty (30) days after written notice is served in accordance with Article 20 to cure or remedy the default, unless a shorter period of time is expressly set forth herein for LESSEE to cure the default in which case that shorter time period shall control. If LESSEE fails to cure or remedy the default within thirty (30) days after such notice has been served, or, in the event such default cannot reasonably be remedied within such thirty (30) day period, to commence such remedy within such period and diligently pursue it thereafter, LESSOR may, at its option, and without prejudice to ... i ... '" u 5 2 ? Page 27 of 36 any other right or remedy, terminate this Lease and recover possession of the Premises by summary proceedings. 16.2 Additional Defaults. In addition to the events of default mentioned above, any of the following shall also constitute an event of default hereunder: a. The making by LESSEE of any general assignment, or general arrangement for the benefit of creditors; b. The filing by or against LESSEE of a petition to have LESSEE adjudged a bankrupt or a petition for reorganization or arrangement under any law relating to bankruptcy unless the same is dismissed within sixty (60) days; c. The appointment of a trustee or receiver to take possession of substantially all of LESSEE's assets located at the Premises, or of LESSEE's interest in this Lease, where possession is not restored to LESSEE within thirty (30) days; or d. The attachment, execution, or other judicial seizure of substantially all of LESSEE's assets located at the Premises, or of LESSEE's interest in this Lease, where such seizure is not discharged within thirty (30) days. 16.3 No Waiver. No waiver by LESSOR of default in any of the terms, covenants or conditions of this Lease shall be construed to be or act as a waiver of any subsequent default. 16.4 Remedies Cumulative. All remedies granted to LESSOR under this Article are cumulative and are in addition to any other rights LESSOR may have as a matter of law. 16.5 Expiration of Cause. If the basis for termination by LESSOR ceases to exist prior to a termination, the right to terminate on such basis shall cease. 17 TERMINATION BY LESSEE. 17.1 Causes. Without prejudice to any of its other remedies under law, or this Lease, LESSEE may terminate this Agreement upon thirty (30) days written notice given in accordance with ARTICLE 20, upon or after the happening of or during the continuation of any of the following events: ... ...... ,.. ..., .. J a. The inability of LESSEE or its sublessees to use, for a period of ninety (90) days, any material portion of the Premises or improvements thereon, because of any law, rule, regulation or other action or failure to act on the part of any governmental authority having jurisdiction thereof. :- J Q .:i... : : .....,. Page 28 of 36 b. The material default by LESSOR under this Lease and the failure of LESSOR to remedy such default for a period of thirty (30) days after receipt of written request or demand from LESSEE to remedy the same, or; in the event such default is incapable of being remedied within such thirty (30) day period, to commence such remedy within such period and diligently pursue it thereafter. c. The assumption by the United States Government or any authorized agency thereof of the operation or control of Airport or any part of it in a way that substantially restricts LESSEE for a period of thirty days from conducting its operations on the Premises. d. Discovery of a defect or condition in the Premises, including but not limited to the presence of hazardous waste or other soil problems not caused by or resulting from any action by LESSEE, its affiliated entities, owners, employees, agents, contractors, invitees, sublessees or a third party, which could be reasonably expected to have a material adverse effect on LESSEE's ability to use the Premises for the purposes contemplated by this Lease. 17.2 Expiration of Cause. If the basis for termination by LESSEE ceases to exist prior to a termination, the right to terminate on such basis shall cease. 17.3 Non-Waiver. No waiver by LESSEE of default in any of the terms, covenants or conditions of this Lease shall be construed to be or act as a waiver of any subsequent default. 17.4 Remedies Cumulative. All remedies granted to LESSEE under this article are cumulative and are in addition to any other rights LESSEE may have as a matter of law. 18 SURRENDER OF POSSESSION; CONDITION OF PREMISES. 18.1 Surrender. Upon the expiration or earlier termination of this Lease, LESSEE shall immediately surrender the Premises to LESSOR. 18.2 Condition. The Premises shall be returned to LESSOR in the same condition as maintained by LESSEE during its operation prior to surrender. 18.3 Removal of Personal Property. All buildings, structures and improvements shall be delivered to LESSOR in good condition, ordinary wear and tear excepted. Not later than thirty (30) days after the expiration or termination of this Lease, LESSEE shall remove any and all signs, trade fixtures, machinery and equipment from the Premises. LESSEE shall repair any damage caused by such removal. Upon failure of LESSEE to remove such personal property within the thirty-day period, LESSOR may at its option cause the personal property to be removed and charge LESSEE the actual costs of such removal or take title to the personal property. ".J"':- Vi ~ ~ ~ :2 Page 29 of 36 18.4 Transfer to LESSOR. All permanent buildings, structures and improvements constructed, installed, erected or placed on the Premises by LESSEE or its sublessees to which LESSOR does not already have title shall automatically become the property of the LESSOR upon the expiration or earlier termination of this Lease without further action on the part of either party, without cost or charge to LESSOR, and without further conveyance or transfer to LESSOR; provided, however, that LESSEE shall, if requested by LESSOR, execute any instruments or documents reasonably required by LESSOR to evidence the vesting of title to such improvements and property. 19 GENERAL PROVISIONS. 19.1 Cumulative . Unless specifically indicated otherwise, no remedy, right, option or election set forth in any provisions of this Lease shall be deemed exclusive; rather, each shall be cumulative with other remedies in law or equity. This Lease shall be deemed both a contract between the parties and a declaration of conditions, covenants and restrictions running with the land for the duration of the Lease term or any extensions of it. 19.2 Non-Waiver. No circumstance in which LESSOR or LESSEE, either expressed or implied, consents to, suffers, or permits the doing by the other of any act or omission under this Lease shall be construed to be or shall be a waiver of any provision or condition of this Lease or shall be construed to condone any future breaches, unless the provision or condition in question is expressly waived in writing by the waiving party. 19.3 Time of Essence. Time is of the essence in the performance of all terms and conditions of this Lease. 19.4 Entire Agreement. This instrument contains the entire agreement between the parties, and no statement, promise, or inducements made by either party or agent of either party that is not contained in this instrument shall be valid or binding. 19.5 Modification. This Lease may not be enlarged, modified or altered except in writing by the parties. 19.6 Abandonment. If the Premises are abandoned, deserted or vacated by LESSEE for thirty (30) days or more, and remain so for an additional thirty (30) days after LESSOR gives LESSEE notice thereof, LESSOR may, at its option, terminate this Lease and reenter and repossess the Premises without liability to LESSEE. 19.7 Successors and Assigns Bound. All the terms, covenants and conditions of this Lease shall inure to and bind the successors and assigns of the parties to this Lease. 19.8 Article Headings. The article headings in this Lease are for convenience and reference only and are not intended to define or limit the scope of any provision of this Lease. , , -=- o 19.9 Severability. If any term or condition of this Lease is invalid or unenforceable, all other terms and conditions shall remain in full force and effect. Page 30 of 36 19.10 Applicable Law. This Lease shall be governed by the laws of the State of Arizona, and any actions to enforce or interpret the terms and provisions of this Lease shall be brought and maintained in Pima County, Arizona. 19.11 Authority. Each of the respective undersigned signatories for LESSEE and LESSOR warrant that they have authority to enter into this Lease for and on behalf of the party for whom they are signing and to legally bind such party. 19.12 Recording and Effective Date. Upon execution by all parties, this Lease shall be recorded in the office of the Pima County Recorder. 19.13 Approvals. Whenever this Lease requires the approval or consent of a party, such approval or consent shall not be unreasonably withheld or delayed. 19.14 Arbitration. Any controversy or claim arising out of or relating to this contract, or the breach thereof, shall be settled by arbitration administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules, and judgment on the award rendered by the arbitrators may be entered in any court having jurisdiction thereof. a. In the event of any dispute, claim, question, or disagreement arising from or relating to this agreement or the breach thereof, the parties hereto shall use their best efforts to settle the dispute, claim, question, or disagreement. To this effect, they shall consult and negotiate with each other in good faith and, recognizing their mutual interests, attempt to reach a just and equitable solution satisfactory to both parties. If they do not reach such solution within a period of 60 days, then, upon notice by either party to the other, all disputes, claims, questions, or differences shall be finally settled by arbitration administered by the American Arbitration Association in accordance with the provisions of its Commercial Arbitration Rules. b. Within 15 days after the commencement of arbitration, each party shall select one person to act as arbitrator and the two selected shall select a third arbitrator within 10 days of their appointment. If the arbitrators selected by the parties are unable or fail to agree upon the third arbitrator, the American Arbitration Association shall select the third arbitrator. 1 sA ...... c. The arbitration proceedings shall be conducted before a panel of three neutral arbitrators, all of whom shall be members of the bar of the state of Arizona, actively engaged in the practice of law for at least 10 years. 5 d. The place of arbitration shall be Tucson, Arizona. :J :2 :2 e. Disputes under this clause shall be resolved by arbitration in accordance with Title 9 of the US Code (United States Arbitration Act) and the Commercial Arbitration Rules of the American Arbitration Association. Page 31 of36 f. Either party may apply to the arbitrator seeking injunctive relief until the arbitration award is rendered or the controversy is otherwise resolved. Either party also may, without waiving any remedy under this agreement, seek from any court having jurisdiction any interim or provisional relief that is necessary to protect the rights or property of that party, pending the arbitrage tribunal's determination of the merits of the controversy. g. Consistent with the expedited nature of arbitration, each party will, upon the written request of the other party, promptly provide the other with copies of documents relevant to the issues raised by any claim or counterclaim on which the producing party may rely in support of or in opposition to any claim or defense. Any dispute regarding discovery, or the relevance or scope thereof, shall be determined by the chair of the arbitration panel, which determination shall be conclusive. All discoveries shall be completed within 60 days following the appointment of the arbitrators h. The arbitrators shall award to the prevailing party, if any, as determined by the arbitrators, all of its costs and fees. "Costs and fees" mean all reasonable pre-award expenses of the arbitration, including the arbitrators' fees, administrative fees, travel expenses, out-of-pocket expenses such as copying and telephone, court costs, witness fees, and attorneys I fees. 1. The award shall be in writing, shall be signed by a majority of the arbitrators, and shall include a statement regarding the reasons for the disposition of any claim. 20 NOTICES. 20.1 Addresses. All notices under this Lease shall be in writing, and shall be deemed sufficiently served if hand delivered or sent by certified mail, postage prepaid, to the recipient at the following address: If to LESSOR: 1 Airport Manager TOWN OF MARANA 13251 N. Lon Adams Road Marana, Arizona 85653 .- '- .- -.. Town Manager TOWN OF MARANA 13251 N. Lon Adams Road Marana, Arizona 85653 --.. -J' Page 32 of36 and with a copy to: Daniel J. Hochuli Daniel J. Hochuli & Associates, P.C. Town Attorney 220 E. Wetmore Road, Suite 110 Tucson, AZ 85705 If to LESSEE: PIMA AVIATION, INC., c/o Gary Abrams Marana Northwest Regional Airport Leased Premises Office 11700 W. Avra Valley Road, #86 Marana, Arizona 85653 and with copies to: PIMA AVIATION, INC. P.O. Box 5367 Tucson, Arizona 85703 MARKB. RAVEN, Esq. Law Offices of Raven & Awerkamp, P.C. One South Church A venue Suite 1600 Tucson, Arizona 85701-1612 20.2 Service. Service of any notice or demand by hand delivery shall be deemed complete upon the date of delivery. Service of any notice or demand by certified mail shall be deemed complete upon receipt. 20.3 Change of Address. Either party may change its address to such other addresses as such party may designate to the other in writing from time to time. 21 REPORTS TO LESSOR. 21.1 Types of Reports Required. The following reports shall be submitted to LESSOR in the manner and at the times as indicated below: 1 21.1.1 Monthly Based Aircraft. LESSEE shall provide to LESSOR, by the fifteenth calendar day following the end of each calendar month a list including all aircraft permanently occupying hangar, tie-down or other area within the Premises under the control of the LESSEE as well as those aircraft which are expected to be occupying any of the aforementioned areas for a cumulative total of sixty (60) days if owner or entity maintains an Arizona residency or for a total ninety (90) days if the owner or entity maintains a non-Arizona residency. o ..- :J 5 :2 Page 33 of 36 21.1.2 Fixed Rent. LESSEE shall by the fifteenth calendar day following the end of each calendar quarter submit to LESSOR a quarterly statement containing in detail the amounts and method of computation of the Fixed Rent to be paid in advance. This report shall contain, as a minimum, (a) the total amount paid to date, (b) the amounts paid for each quarter and (c) the unpaid balance remaining over the term of this Lease. 21.1.3 Percent Rent. LESSEE shall submit a report, in sufficient detail to determine Percent Rent, in accordance with the provisions and in the manner prescribed in Section 3.2, including all subsections thereof. 21.1.4 Fuel Flowage. LESSEE shall by the fifteenth calendar day following the end of each calendar quarter submit to LESSOR a quarterly statement in regard to the types and amounts of fuels for which it took delivery at the Airport. This report shall also contain the applicable computation of the Fuel Flowage Fee at the rate and in the manner prescribed in paragraph 3.3. 21.1.5 Statement of Leasing Activity. LESSEE shall by the fifteenth calendar day following the end of each calendar quarter submit to LESSOR a quarterly report in accordance with the provisions as set forth in Section 4.3. 21.1.6 Tenant Occupancy. LESSEE shall by the fifteenth calendar day following the end of each calendar quarter submit to LESSOR a quarterly report detailing the occupancy of all structures under the control of LESSEE including but not limited to "T" - hangars, Common hangars, storage facilities, tie down areas, shade ports and/or offices. 21. 1.7 Rates and Fees. LESSEE shall by the fifteenth calendar day following the end of each calendar quarter submit to LESSOR a quarterly report detailing the rates and fees it intends to impose upon its customers for the following quarter. This report shall apply, but not be limited, for fuel, hangar, shade port, storage, office, land, apron, tie-down and aircraft rentals; instructional fees and maintenance and repair rates, rentals and any other service with respect to which LESSOR receives payments under this Lease. In the event an increase is needed, then LESSEE shall notify LESSOR, in writing, of the increase no later than fifteen calendars days following the day the increase becomes effective. 21.1.8 Report Format. Unless otherwise so stated the aforementioned reports and statements shall be such form and format whereby in addition to paper media, those lists, data and reports supplied shall also be accompanied by electronic data consisting of diskette, either the 3 1/2" x 5" or ZIP, or compact disk in the IBM compatible format. Where the information to be disseminated is of a list and/or data type, the information shall be of a spreadsheet nature such that it can be opened, read or translated and manipulated by the Excel Program, and where the information to be disseminated is of a report in nature, the information shall be capable of being opened, read or translated, and manipulated by the Microsoft Word Program. ... ...... :::..: J ::J: Page 34 of 36 IN WITNESS WHEREOF, the parties have affixed their signatures below. LESSOR: TOWN OF MARANA, an Arizona Municipal Corporation J ~'\\'''''''/~ ~_\.OF ~ ~~~"'''''''''''' ~ ;::: 0 ~ ~of! ~ ... ~ ~ CORPORATE ~ ~ = ! C)OC) ! _ - = SEAL = - ~ ~ ;: - GlO'! ~ ~ ~ ~ ~ -# s ~ At ~"'''Ill\\\~ ~ ~ f:1/Z ,\<!\'~ ~111,ill\\\~ APPROVED AS TO FORM: Daniel J. Hochuli As Town Attorney and not personally STATE OF ARIZONA ) ) ss: County of Pima ) The foregoing instrument was acknowledged before me this 4'" day of September, 2001 by Bobby Sutton, as Mayor of the Town of Marana. ~~ Notary Pub . My Commission Expires: 1 .r ." !.::J! r ::? NOTARY PUBLIC 8T A TE OF ARIZONA County of Pima DIANE MANGIALARDI "IV hpr;UIIIIIf181lt Expires 03-17-04 ~ 2 Page 35 of 36 ) ) ss. County of Pima ) 1/~ ~bK The foregoing instrument was acknowledged before me this ~ day of Al:lgust, 2001 by Gary L. Abrams, as President of Pima Aviation, Inc. LESSEE: PIMA AVIATION, INC., an Arizona corporation, ~~. =- ~president . NoIaly PubHc StMe~AdIIlInI PIma County RobIn Crowe ExpIres Jtkf 21. 2IIllI STATE OF ARIZONA r"K crfOA~V0 C Y\ ~ L ~ ~ Notary Public My Commission Expires: ~dvlo I 2~ i .~ =: L. Page 36 of36 EHXIBITS: A. Map of area covered under FBO Lease. B. Future Legal Description of the area covered under FBO Lease. C. Structures which may have to be removed. D. Public Areas included in Leasehold Premises. E. Public Airport Facilities i ? n s..'= : ::J< :- ::::P , : =- :2 :;j Page 37 of36 - ./" 0,,/" "'l //. \''y.,,/ \ ,,' ,..f / p <[ o (}:: >- W --.J < ~ ~ = ~ == ~ ~ l [" " ,,, I " " 1 " -"" ! " " I "" I " " I', " .... ", I " I " ",/ I / " 1 / / " ,/ " "- " I :K / ~ ,/ "-,,- ~ , I/' I -' .~ ,\,.<1J 1 ", / / / / / / / " / / / " .,~w~ ,.~ ~,~ w~, (/) x" " 0 0 "'-,. , CL 0::: . " 0 0.... "'., '~ 0.... ">{ · 0.... '<[ ,/ "'"\ '...... ( . ......... - - - u - ii I; ., II II - II it II - II ii - - " " " " ... " " \, , / 1/ " \ "...... \ ... \ \ \ \ ... .. . '~- EXHIBIT B F.B.O. LEASE i 1 ? : ~ PARCEL DESCRIPTION (F.B.O. LEASE) Prepared by CARLSON-PUTT SURVEYORS, INC. 2251 N. Indian Ruins Road, Suite A Tucson, Arizona 85715 Job No. 178-98A Page 1 of 2 Pages November 27,2001 That portion of Sections 9 and 10, Township 12 South, Range 11 East, Gila & Salt River Meridian, Pima County, Arizona more particularly described as follows: COMMENCING at the East Quarter corner of said Section 9; THENCE along the Center Section line of said Section 9, South 890 27' 13" West, 1579.00 feet; THENCE North 000 32' 47" West, 80.00 feet to the POINT OF BEGINNING; THENCE continuing North 000 32' 47" West, 111.10 feet; THENCE North 450 05' 45" East, 45.10 feet; THENCE North 890 27' 13" East, 80.26 feet; THENCE North 750 39' 12" East, 53.85 feet THENCE North 61006' 51" East, 528.76 feet; THENCE North 00032' 47" West, 72.57 feet to the beginning of a non-tangent curve to the left having a radius of 43.98 feet, from which a radial line bears North 390 14' 47" West; THENCE 39.38 feet along the arc of said non-tangent curve to the left, through a central angle of 510 18' 00" (the chord of which bears North 250 06' 13" East, a distance of 38.07 feet) to a point of tangency; "...." ;- o THENCE North 000 32' 47" West, 143.89 feet to the beginning of a tangent curve to the left having a radius of 65.16 feet; 5 Page 2 of 2 Pages Parcel Description November 27, 2001 Job No. 178-98A THENCE 66.68 feet along the arc of said curve to the left, through a central angle of 580 37' 34" (the chord of which bears North 290 51' 34" West, a distance of 63.81 feet) to a point of cusp from which a radial line bears South 30049' 39" West; THENCE North 45005'45" East, 361.72 feet; THENCE North 89027'13" East, 678.46 feet; THENCE North 45005'45" East, 271.90 feet; THENCE South 44053'52" East, 475.01 feet; THENCE South 45005'45" West, 370.78 feet; THENCE South 44053'52" East, 778.10 feet to a point being 80.00 feet North of the center of section line of said Section 10; THENCE South 89024'35" West, along a line being 80.00 feet North of and parallel with said center of section line, 778.79 feet to the West line of said Section 10; THENCE South 89027'13" West, along a line being 80.00 feet North of and parallel with the center of section line of said Section 9, a distance of 80.00 feet; THENCE North 00032'47" West, 125.00 feet; THENCE South 89027'13" West, 300.00 feet; THENCE South 00032'47" East, 125.00 feet to a point being 80.00 feet North of the center of section line of said Section 9; THENCE South 89027'13" West, along a line being 80.00 feet North of and parallel with said center of section line, 1199.02 feet to the POINT OF BEGINNING. ~ Jl. ~ Said parcel contains an approximate area of 1,473,279 square feet or 33.82 acres, more or less. =-::f L 0 0 0 0 0 0 0 0 0 0 6' 0 00 0 0 0 0 0 0 00 0 0 o 'rlo o 0 o o o ': 0(1007" <".'" "..... LVL ,<.-.J ----;r I> AVRA VALLEY ROAD AVRt. VALLEY ROAD~ ( EAST 1/4 CORNER SECTION 9 IJ J.'::;2. - PIlC NOIJENBER 26. 2001 MARANA NORTHWEST REGIONAL AIRPORT F.8.0. LEASE TOTAL AREA: :t33.82 ACRES CARLSOIHIITT SlllVEYORS 2251 N. INDIAN RUINS RD., SUITE A. TUCSON, AZ 85715 TELEPHONE: (520) 298-3878 FAX: (520)722-1122 ....... -" - . DRAWN DATE JOB No. SHT. t ~ OF 1 APPROVAL OF LEGAL DESCRIPTION BASED UPON SURVEY PREPARED BY CARLSON-PUTT SURVEYORS, INC. DATED NOVEMBER 27,2001 TOWN OF MARANA LESSOR ~ rJl(( ~....~ , Mike Rein Town Manager PIMA AVIATION, INC. an Arizona corporation LESSEE :/E . -. :3 o r"\ 1# ", \ \ \ \ \ \ \ \ \ \ \ \ 1\ \ \ \ \ \ \ \ \ \ I ) I .--/[ - -:::::::::=., i ----:::.:=:::::.-- ) I J I / J I J ! ! [ ! /~--, J / --.J W I~-lf- !--.Jw........ [o3V? / ~ / / I I ) I [ I r rY W f- z: UW <[u ..q-V? - V? CDW z: ........ V? =:J p-:J V? f- z: >-W f-:::E ........w -lV? ........<[ 5w u ~ t===i ~ f---i ~ >< r:L1 - .. F"J : o =-. ~ -. :-:= =- ...." ~: o r'\ ... 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