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HomeMy WebLinkAbout01728 - KURANZ HALLEN KILLOREN 1.9 ACRES AIRPORT LEASE SCHNECK SUBLEASE RECORDING REQUESTED BY: 4'71301 AND WHEN RECORDED ]MAIL TO: RECEIVED FOR RECORD AT 2:00 O'CLOCK DEC 13 1996 r RccorJar J /2/N�S �!j �7 � � 3r,rR i ` IS SPACE FOR RECORDER'S USE ONLY /V r U TITLE OF DOCUMENT U� 1� w THIS PAGE ADDED TO PROVIDE ADEQUATE SPACE FOR RECORDING INFORMATION ($3.00 ADDITIONAL RECORDING FEE APPLIES) G 0811 ILI-��r�fv I� r�-- ors.; TERMINATION OF LEASE ^ s m .� 00 3 o m m v z W ran THIS TERMINATION OF LEASE ("Termination") is entered into this °' 0 day of w �3 = �pr-pn , , > 1996, by and between the CITY OF PALM SPRINGS, a municipal o N corporation ("Landlord"), and CAROLE SCHUTZ ("Tenant"). a -h v r o m � v RECITALS 0' m A. Landlord and John L. Kuranz, John A. Hallen and Thomas A. Killoren, A California Partnership ("Original Tenant"), entered into that certain Lease Agreement No. 1 728 ("Original Lease") pursuant to which Landlord leased to Original Tenant that certain real - property more particularly described therein. ("Demised Premises"), RECORDED 1/3/93 #143. B. Original Tenant assigned the original Lease to Tenant pursuant to that certain Assignment of Lease executed by original Tenant and Tenant. C. Landlord and Tenant subsequently amended the original Lease pursuant to that certain Amendment No. 1 to Lease Agreement #1728 dated November 7, 1990 ("First Amendment"), that certain Second Amendment to Lease Agreement dated October 16, 1991 ("Second Amendment) and that certain Third Amendment to Lease Agreement dated February 1 , 1995 (Third Amendment). The Original Lease as amended by the First Amendment, Second Amendment and Third Amendment shall hereinafter be referred to as the "Lease." D. The parties desire to terminate the Lease pursuant to the terms and conditions set forth herein. TERMS AND CONDITIONS NOW, THEREFORE, the parties hereto agree as follows: 1 . Termination of Lease. On the date the conditions_precedent set forth in Section 2 are satisfied ("Termination Date"), the Lease shall be fully and finally terminated. Tenant shall surrender possession of the Demised premises to Landlord as of said Termination Date. 2. Conditions Precedent to Effectiveness. The effectiveness of this Termination shall he expressly contingent upon the satisfaction of the following conditions precedent for the benefit of Landlord: 2.1 Landlord has executed a New Lease (Parcel 95-3) for the Demised Premises ("New Lease") with AMR Combs, Inc., which New Lease shall be in a form and content satisfactory to Landlord, in Landlord's sole and absolute discretion. 2.2 Tenant has provided evidence satisfactory to Landlord that the Deed of Trust executed by Tenant in favor of First American Title Insurance Co. for the benefit of Liberty National Bank ("Beneficiary") dated July 15, 1988 and recorded August 3, 1988 as instrument No. 218375 in the Official Records of the Riverside County Recorder ("Deed of Trust") has been reconveyed by Beneficiary. 2.3 Tenant has closed escrow with AMR Combs, Inc. and paid past due rent in an amount stipulated by City of Palm Springs Resolution No. 18933. DECEMBER 14, Should all of the foregoing conditions precedent not be satisfied on or before-Nj2�tetrtbP4=*—, 1996, this Termination shall be of no force or effect. 3. Condition of Demised Premises. Upon the Termination Date, Tenant shall surrender the Demised Premises to Landlord in the condition required by Article XV, Section C of the Lease. 47 00 r 4. Representations of the Parties. Landlord and Tenant represent and warrant to the other that said party has not made any assignment, sublease, transfer, conveyance or other disposition of the Lease or any interest in the Lease or any claim, demand, obligation, liability, action or cause of action arising from the Lease to any third, party. 5. Miscellaneous. 5.1 Voluntary Agreement. The parties have read this Termination and the mutual release contained herein and, on advise of counsel, have freely and voluntarily entered into it. 5.2 Attorneys' Fees. If either Landlord or Tenant commences an action against the other arising out of or in connection with this Termination or the Lease, the prevailing party shall be entitled to recover from the losing party reasonable attorneys' fees and costs, including fees and costs incurred on appeal. 5.3 Successors and Assigns. This Termination shall be binding on and inure to the benefit of the parties hereto and their respective heirs, successors and assigns. IN WITNESS WHEREOF, this Termination of Lease was entered into as of the date first written above. ATTEST: CITY OF PALM SPRINGS a muni i cor oration pity Clerk ity Manag r APPROVED AS TO FORM "Landlord" City Attor y i CAROLE SCHUTZ "Tenant" APPROVED BY THE 01°Y COUNOL i7 ' STATE OF SALIF.OAN4A ) SS. C� k COUNTY�O�pF �I)E�D /W�y4U ) On ��� i 6l� before me, a Notary Public in and for said County and State, personally appeared i,'TPi psrge,%4-known to me (or proved to me on the basis of satisfactory evidence) to be the person wh se nameN is/ere•subscribed to the within instrument and acknowledged to me that iro/she/therexecuted the same in iris/her/their authorized capacity�es), and that by His-/her/tkieir signaturekon the instrument the person, or the entity upon behalf of which the person(, acted, executed the instrument. WITNESS my hand and official seal. V.,', er1 J , STATE OF CALIFORNIA ) r ) SS. COUNTY OF _ ) 1 On — — (f before me, �� %i ✓� G• l�Jf AE/�i^�A 0-71- L C✓ a Notary Public in and for aid Cqunty and State, personally appeared personally known to me (or-Preued to me a +h f ^ ' t * �^ -) to be the person whose namegiy ar ubscribed to the within instrument and acknowledged_W me that he she e executed the same in his/her eir uthorized capacity(ien) and that by his/her eir ignatur sn the instrument the persons or the entity upon behalf of which the person& acted, executed the instrument. WITNESS my hand and official seal. ' .,e, ELAINE L.WEDEKIND COMM.#1048857 � . NotaryPublic—California RIERSIDE COUNTY My Comm.Expires FEB 3,14r'9 NOTARV2--11/17/94 AA HECEIVEC JAN 1997 CITY CLERK - - i DATE: ;A M'(rru'�,rFE August 8, 1996 �°"' Judy Sumich, City Clerk FROM: Al Smoot, Director, Department of Transportation SUBJECT: INCOMPLETE AGREEMENTS Agreement # 1291: Still awaiting new documents from FAA - they are in no hurry! i��- CAgreement #1728: None of the leases approved by City Council, including the most recent with Impulse, will be signed as the deals are off. Agreement #2860: With City Attorney for additions. Agreement 3103: Sending follow-up letter. Agreement 3661: Customs has signed and are in the mail back. Agreement 3673: When Craig Toms returns, will have this followed-up on. Agreement 3681: Agreements sent to CVAG for signature. Agreement 3682: Returned modified Agreements to City Clerk. Thanks. Al_ N F. SMOOT, A.A.E. Director, Department of Transportation AFS:ps Carole Schutz SThird Amend to Lease Agr AGREEMENT #1728 M05503, 2-1-95 THIRD AMENDMENT TO LEASE AGREEMENT NO. 1728 THIS THIRD AMEN MEN TO LEASE AGREEMENT NO. 1728 ("Amendment") is entered into this d C of � �1 /Z 1995, by and between the CITY OF PALM SPRINGS, a municipal corpora ion ("Landlord"),�a d CAROLE SCHUTZ ("Tenant"). RECITALS A. Landlord and John L. Kuranz, John A. Hallen and Thomas A. Killoran, a general partnership ("Original Tenant"), entered into that certain Lease Agreement No. 1728 ("Original Lease") pursuant to which Landlord leased to original Tenant that certain real property more particularly described therein ("Demised Premises"). B. Original Tenant assigned the original Lease to Tenant pursuant to that certain Assignment of Lease executed by original Tenant and Tenant. C. Landlord and Tenant subsequently amended the original Lease pursuant to that certain Amendment No. 1 to Lease Agreement No. 1728 dated November 7, 1990 ("First Amendment") and that certain Second Amendment to Lease Agreement dated October 16, 1991 ("Second Amendment). The Original Lease as amended by the First Amendment and Second Amendment and this Third Amendment shall hereinafter be referred to as the "Lease." D. Lessee has defaulted on its obligations under the Lease by failing to pay rent when due for the month of June 1994, through January 1995. The parties hereto desire to enter into this Third Amendment for the purpose of settling said default on the terms and conditions more particularly set forth herein, and to add allowable uses. NOW THEREFORE, the parties hereto agree as follow: 1 . Article II - Improvements/Description of Concession, is hereby amended by adding Paragraph "C", to hereafter read as follows: "C. Tenant or Subtenant shall have the right to perform automotive refurbishing or store recreational vehicles on the site; however, either or both uses must be in conjunction with an aviation maintenance use. The Airport shall reserve the right to require additional screening should vehicular storage become unsightly." 2. Rent. The following is added as Section W. E and F" of the Lease: "E. Tenant acknowledges that Tenant owes the Landlord the amount of $11,622.88 which represents rent and late charges for the months of June 1994 through January of 1995 at the rate of $1,388.88 per month. Commencing January 1, 1995, Past Due rent shall accrue interest at a rate of 8% per annum, until fully repaid. The balance of the Past Due rent shall be paid to Landlord commencing on March 1, 1995 and continuing through August 1996 at a rate of $687.38 per month. Payments of Past Due rent shall be credited first to the month of June 1994, and to each subsequent month thereafter." 3. Article IX - Termination by Lessor, is hereby deleted in its entirety and replaced with the following: A. Default by Tenant. In addition to the defaults described in Article VIII hereinabove, the occurrence of any one or more of the following events shall constitute a default and breach of this Lease by Tenant: (a) the failure to pay any rental or other payment required hereunder to or on behalf of Landlord more than three (3) days after written notice from landlord to Tenant that Tenant has failed to pay rent when due; (b) the failure to perform any of Tenant's agreements or obligation as hereunder (exclusive of a default in the payment of money) where such default shall continue for a period of thirty (30) days after written notice thereof from Landlord to Tenant which notice shall be deemed to be the statutory notice so long as such notice complies with statutory requirements; (c) the vacation or abandonment of the Demised Premises by Tenant; (d) the making by Tenant of a general assignment for the benefit of creditors; (e) the filing by Tenant of a voluntary petition in bankruptcy or the adjudication of Tenant as a bankrupt; (f) the appointment of a receiver to take possession of all or substantially all the assets of Tenant located at the Demised Premises or of Tenant's leasehold interest in the Demised Premises; (g) the filing by any creditor of Tenant of an involuntary petition in bankruptcy which is not dismissed within sixty (60) days after filing; or (h) the attachment, execution or other judicial seizure of all or substantially all of the assets of Tenant or Tenant's leasehold where such an attachment, execution or seizure is not discharged within sixty (60) days. Any repetitive failure by Tenant to perform its agreements and obligations hereunder, though intermittently cured, shall be deemed an incurable default. Two (2) breaches of the same covenant within a sixty (60) day period, a notice having been given pursuant to (a) or (b) above for the first breach, or three (3) of the same or different breaches at any time during the term of this Lease for which notices pursuant to (a) or (b) above were given for the first two (2) breaches shall conclusively be deemed to be an incurable repetitive failure by Tenant to perform its obligations hereunder. In the event of any such default or breach by Tenant, Landlord may at any time thereafter, without further notice or demand, rectify or cure such default, and any sums expended by Landlord for such purposes shall be paid by Tenant to Landlord upon demand and as additional rental hereunder. In the event of any such default or breach by Tenant, Landlord shall have the right (i) to continue the lease i full force and effect and enforce all of its rights and remedies under this Lease, including the right to recover the rental as it becomes due under this Lease, or (ii) Landlord shall have the right at any time thereafter to elect to terminate the Lease and Tenant's right to possession thereunder. Upon such termination, Landlord shall have the right to recover from Tenant: (1) The worth at the time of award of the unpaid rental which had been earned at the time of termination; (2) The worth at the time of award of the amount by which the unpaid rental which would have been earned after termination until the time of award exceeds the amount of such rental loss that the Tenant proves could have been reasonably avoided; (3) The worth at the time of award of the amount by which the unpaid rental for the balance of the term after the time of award exceeds the amount of such rental loss that the Tenant proves could be reasonably avoided; and (4) Any other amount necessary to compensate the Landlord for all the detriment proximately caused by Tenant's failure to perform its obligations under the lease or which in the ordinary course of things would be likely to result therefrom. The "worth at the time of award" of the amounts referred to in subparagraphs (i) and (ii) above shall be computed by allowing interest at three percent (3%) over the prime rate then being charged by Bank of America, N.A. but in no event greater than the maximum rate permitted by law. The worth at the time of award of the amount referred to in subparagraph (iii) above shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus one percent 0 %), but in no event greater than ten percent (10%). As used herein "rental" shall include the Monthly Rental, percentage rental equal to the average percentage rental paid or payable by Tenant for the last twelve (12) months or such lesser period as Tenant has been open for business, other sums payable hereunder which are designated "rental" or "additional rental" and any other sums payable hereunder on a regular basis such as reimbursement for real estate taxes. Such efforts as Landlord may make to mitigate the damages caused by Tenant's breach of this Lease shall not constitute a waiver of Landlord's right to recover damages against Tenant hereunder, nor shall anything herein contained affect Landlord's right to indemnification against Tenant for any liability arising prior to the termination of this Lease for personal injuries or property damage, and Tenant hereby agrees to indemnify and hold Landlord harmless from any such injuries and damages, including all attorney's fees and costs incurred by Landlord in defending any action brought against Landlord for any recovery thereof, and in enforcing the terms and provisions of this indemnification against Tenant. Notwithstanding any of the foregoing, the breach of this Lease by Tenant, or an abandonment of the Demised Premises by Tenant, shall not constitute a termination of this lease, or of Tenant's right of possession hereunder, unless and until Landlord elects to do so, and until such time Landlord shall have the right to enforce all of its rights and remedies under this Lease, including the right to recover rent, and all other payments to be made by Tenant hereunder, as they become due. Failure of Landlord to terminate this Lease shall not prevent Landlord from later terminating this Lease or constitute a waiver of Landlord's right to do so. 4. Default by Tenant. If Tenant defaults under the terms of Section 2 of this Third Amendment, Landlord shall have all rights and remedies it would have had, had this Third Amendment not been executed including, but not limited to declaring a default under the Lease as to that amount of the Past Due rent then unpaid. 5. Full Force and Effect. Except as modified herein the terms of the original Lease and the First and Second amendments shall remain in full force and effect. IN WITNESS WHEREOF, this third Amendment to Lease Agreement was entered into as of the date first written above. ATTEST: CITY O PALM SPRINGS, ORNIA _ r City Clerk 7 City Manager REVIEWED & APPROVED AS TO FORM - 1 Carole Schutz APPROVED v��, ITO 1171- �' Carole Schutz Second Amendment to Lease Agr AGREEMENT #1728 M04880, 10-16-91 SECOND 1sA5ENDQUT `(TD ➢ uMSE A REEMENT THIS SECOND AMEMDKEMT TO LEASE AGREEMENT ( "Second Amendment" ) is entered into this %- day of 1991, by and between the CITY OF PALM SPRINGS,✓ a municipal corporation, ( "Lessor" or "City" ) and. CAROLE SCHUTZ ( "Lessee" ) . R E C I T A L S A. Lessor. and John L. Kuranz, John A. Hallen and Thomas A. Killoran, a California partnership; ( "Original Tenant" ) entered into that certain Lease Agreement f#1728 on August G, 1981 ( "Original Lease" ) . 3. Original Lessee subsequently assigned its interest in the Original Lease to Lessee pursuant to that certain Assignment of Lease executed by Original Lessee and Lessee. C. Lessor and Lessee entered into that certain Amendment Mo. I to Lease Agreement 11728 on November 7, 1990 ( "First Amendment" ) . The Original Lease, as amended by the First Amendment and. this, Second Amendment, shall hereinafter be referred to as the "Lease". D. Lessee has defaulted on its obligations under the Lease by ( i) failing to pay rent when due for the months of August, 1990 through September, 1991, and ( ii ) failing to obtain Lessor's consent to a hypothecation of the Lease. The parties hereto desire to enter into this Second 'amendment for the purpose of settling said defaults on the terms and conditions more particularly set forth herein. MOW, THEREFORE, the parties hereto agree as follows: 1. H, po.thecat-ion. Before or concurrent with the execution of this Second Amendment, Lessee shall. provide Lessor with a copy of the note and deed of trust encumbering Lessee' s leasehold estate in the property. 2. Bent. The following is added as Section V. 0 of the Lease; "C. Lessee acknowledges that Lessee owes Lessor rent in the amount of SEVENTEEN THOUSAND NINETY-SEVEN and 13/1000 DOLLARS ($17, 097, 13) , which represents rent for the months of August of 1990 through July of 1991 at the rate of ONE THOUSAND MIH.ETY-TWO and GG/100 DOLLARS (11, 092, 66) per month, and August of 1991 through October of 1991 a4. the :rate of ONE THOUSAND THREE HUNDRED EIGHTY-EIGHT and 881100 DOLLARS (01, 3%. 88) per month plus late charges ( "Past-Due Rent" ) . On or before October 1, 1991, Lessee shall pay Lessor MINE THOUSAND DOLLARS ($9, 000. 00) of the Past.-Due Rent. The remai.nde , o-r_ the Past-Due Pent shall accrue interesL at the rate of eight percent (3% ) per annum commencing October 1, 1991, until fully repaid. The balance of the Past-Due Pent shall be paid to Lessor on or before April 1, 1992. Payments of Past. Due Bent shall be credited first to the month of August, 1990, and to each subsequent month thereafter. "D. Lessee shall pay all future rent as it becomes due as provided in Section V. A of the Leasedi0 3. Default by Lessee. If Lessee defaults under any term of this Second Amendment of the Lease, this Second Amendment shall be of no further force or effect, and Lessor shall have all rights and remedies it would have had had this Second Amendment not been executed including, but not limited to declaring a default under the Lease as to that amount of the Past-Due Pent then unpaid. 4. Full Farce and Effect. Except as modified herein, the terms of the Original Lease and the First Amendment. shall .remain in :Mull force and effect. IN WITNESS WHEREOF, this Second Amendment to Lease Agreement was entered into as of the date first w E—en abol _. ATTEST. CITY OF -T SP11fA CALIFORMM DI �4C� — _✓� �.__ __ _ City Clerk City danager l Carole Schutz REVIEWED AND APPROVED. RUTAN &. TUCKER David tI Aleshire, Esq. City Attorney �to SCHUTZ#2. AOR - 2 - Aid II Palm Springs Regional Airport AMERICA5 RESORTPORT September 11, 1990 Yes—i af: Don Stetson Palm Springs Aircraft Services 424 North Civic Drive Palm Springs, CA 92262 RE: INSURANCE CERTIFICATES - SECOND REQUEST Dear Mr. Stetson: There has been no response from your office to our letter of July 13, 1990 regarding the submission of corrected insurance certificates pertaining to Lease Agreement .No.1726yvith Carole Schutz. Please make the necessary corrections to all insurance certificates, showing Carole Schutz, an individual, as the sole proprietor and submit them to my office at your earliest convenience. Thank you for your cooperation. Sincerely Lawrence D. Wedekind Acting Airport Property Specialist LDW/ts cc: Jeri Riddle, Assistant Director of Aviation ,/City Clerk, City of Palm Springs 3400 E.Tahquitz-McCallum Way•P O.Box 1786•Palm Springs,CA 92263-1786•(619)323-8161 REC ENED July 17, 1990 JUL 18 1990 Judy, Sorry that I didn't reply to your E-Mail messages. My PC has not been connected to the HP main frame. AIR BC is a Canadian Charter which doesn't need to have an Airline Use Agreement with the City. Enclosed is a copy of my letter to Pal- Springs Aircraft Maintenance requesting them to change insured party. ip, g Z Palm Springs Regional Airport AiNERICAS RESORTPORi July 13, 1990 Don Stetson Palm Springs Aircraft Services 424 North Civic Drive Palm Springs, CA 92262 RE: INSURANCE CERTIFICATES Dear Mr. Stetson: Insurance certificates we have on file list Alister, Inc. dba Palm Springs Aircraft Services as the insured party. As Lease Agreement No. 1728 with the City of Palm Springs was assumed by Carole Schutz, an individual, the insurance certificates must show Ms. Schutz as the insured. Please make corrections accordingly on all insurance certificates and submit them to my office by August 15, 1990. Thank you for your cooperation. Sincerely, LhinD. tricker Airport Property Specialist LDS/ts Enclosures: Copies of Insurance Certificates cc: City Clerk, City of Palm Springs 3400 E.Tahgwtz-McCallum Way•P O.Box 1786•Palm Springs,CA 92263-1786•(619)323-8161 DATE: June 28, 1990 r TO: Airport FROM: City Clerk o a SUBJECT: Agr 1728 (Kuranz) Carole Schutz , assignee 0i I have the attached materials. My question relates to the certificate of insurance which was sent in February. It was issued in the name of Alister, Inc. , dba Palm Springs Aircraft Services. The assignment was made to Carole Schutz , an individual . The insurance should correspond. If it is now Alister, Inc. , then the assignee needs to be changed. JUDITH SUMICH City Clerk Attached A � U 7 Frank B. Hall&Co. of California-Aviation Director of Aviation 3200 Wilshire Boulevard City of Palm Springs Los Angeles, CA 90010 Regional Airport May 31, 1990 Palm Springs, CA 92262 Re: Palm Springs Aircraft Maintenance Services Policy No. AP538-7721 Gentlemen, a V) We are pleased to enclose: ❑ Confirmation of insurance. ❑ Your policy as requested. DEPARTIVEN"i OF AVIATION ❑ Your renewal policy continuing similar insurance. ❑ Your renewal certificate for attachment to the above policy. ❑ Your copy of the policy. The original has been forwarded to the mortgagee. ❑ Invoice in the amount of $ ❑ Loss payable endorsement. ❑ Form for your completion, signature and return to our office. ® Certificate of insurance. ❑ Endorsement for attachment to your policy. 1-1 Should you have any questions concerning the enclosed, please call us. Sincerely, cc: Mr. Sam Joyner Palm Springs Aircraft Maintenance Services Arm-- Torley �) Account Manager Telephone(213)386-3700 Telex 194-144 HALL"A LSA - 7 • ATLANTA � �O�I • CHIDAL AS I�A 1 � 1 _ • DALLA 1 • EDISON, NJ • LOS ANGELES • NEW YORK, NY CERTIFICATE OF INSURANCE THIS IS TO CERTIFY TO: City of Palm Springs - Attn: Director. of Aviation Palm Springs Regional Airport, Palm Springs, CA_ 922.62 THAT THE FOLLOWING POLICY/IES OF INSURANCE HAVE BEEN ISSUED TO Palm Springs Aircraft Maintenance Services 424 N. Civic Drive, Palm Spring;, CA 92262 AIRCRAFT POLICY NO. POLICY PERIOD FROM TO INSURANCE COMPANY LIABILITY COVERAGES LIMITS OF LIABILITY EACH PERSON EACH OCCURRENCE ❑ Bodily Injury Excluding Passengers $ $ ❑ Property Damage $ XXXX $ ❑ Passenger Bodily Injury $ $ ❑ Single Limit_cluding Passengers, $ XXXX $ ❑ With Passenger Liability Limited To $ $ XXXX PHYSICAL DAMAGE COVERAGE: ALL RISKS, GROUND & IN-FLIGHT IN-MOTION REGISTRATION AGREED DEDUCTIBLES: INGESTION LIEN NUMBER YEAR MAKE&MODEL VALUE NOT IN-MOTION MOORED AMOUNT $ $ $ $ $ $ $ $ THIS CERTIFICATE HOLDER IS: ❑ INCLUDED AS A LOSS PAYEE FOR AIRCRAFT PHYSICAL DAMAGE COVERAGE ❑ PROVIDED BREACH OF WARRANTY COVERAGE ON AIRCRAFT PHYSICAL DAMAGE COVERAGE ❑ IS INCLUDED AS AN ADDITIONAL INSURED ON AIRCRAFT LIABILITY COVERAGE, BUT ONLY WITH RESPECT TO OPERATIONS OF THE POLICYHOLDER. AIRPORT LIABILITY POLICY NO AP538-7721 POLICY PERIOD: FROM May 11 1990 TO May 11 1991 INSURANCE COMPANY National Union Rire Insurance Company Qf Pittsburgh, PA COVERAGES Premi.sos, Products R Completed Operations and Aangarkeeners T.iability LIMITS OF LIABILITY ❑ Bodily Injury $ each person $ each occurrence * ❑ Property Damage $ each occurrence * R9 Single Limit Bodily Injury & $1,000,000. each occurrence * Property Damage ® Hangarkeepers Liability $ 100,000. each aircraft $ 150,000. each loss DEDUCTIBLES: Hangarkeepers Liability $ 1,000. each loss Premises Liability $ Nil each claim with respect to Property Damage 'REFER TO THE POLICY AN ANNUAL AGGREGATE LIMIT APPLIES TO SOME COVERAGES WORKERS COMP. POLICY NO. POLICY PERIOD FROM TO INSURANCE COMPANY LIMITS OF LIABILITY. PART I: $ Statutory PART II: $ OTHER COVERAGES/CONDITIONS/REMARKS The above Certificate Holder is included as an Additional Insured, but solely with respect to the operations of the Named Ensured. THE AVIATION MANAGERS HAVE MADE PROVISION TO GIVE THE CERTIFICATE HOLDER PROMPT NOTICE OF CANCELLATION OF ANY POLICY ABOVE,BUT,THE AVIATION MANAGERS ASSUME NO RESPONSIBILITY FOR FAILURE TO PROVIDE SUCH NOTICE THIS CERTIFICATE DOES NOT CHANGE IN ANY WAY THE ACTUAL COVERAGES PROVI DED BY THE PO LI CYI I ES SPECIFIED ABOV E ❑ AIG Aviation, Inc. ❑ AIG Aviation (Canada), Inc. KI AIG Aviation surance Services ❑ AIG Aviation (Illinois) Corporation ❑ ❑ AIG Aviation (Texas), Inc. May 22, 1990 AT:at By ' �— CERTIFICATE NO.ITdaiy's Dalel IAvialwH Manage�S AV-37A 131SM DATE: �L 7O: � A4 FROM: >' SUBJECT. l �/ �r�d �/l•-r,Gtl,C�7� � 1�i� �(�J /-'-'Ll�'�-c-�=�.�2 �iCa-ate �-�-cQ ,fie R E C E 6 V E D AVEMCO INSURANCE COMPANY SEP 181989 411 Aviation Way Frederick, MD 21701 DEPARTMENT OF AVIATION CERTIFICATE OF INSURANCE Date 9-05-89 THIS CERTIFICATE IS ISSUED TO: City of Palm Springs Attn: Airport Administration �� � 3400 E. Tahquitz ID1cCallm Palm Springs, CA 92262 0CT 2 5 19�9 --DESCRIPTIVE SCHEDULE-- NAMED INSURED: Alister, Inc. DBA Palm Springs Aircraft Services 4 North Civic Drive R E C E I�s ADDRESS: Palm m Springs, CA 92262 a i� POLICY NUMBER: Ad 364517 SEP 111989 POLICY PERIOD: From 7-27-89 To_ 7-27-90 DEPARTMENT QF AVIATION PREMISES COVERED: Area known as Palm Springs Aircraft Services LIABILITY LIMITS COVERAGE PART COVERAGE BODILY INJURY PROPERTY - EACH AGGREGATE EACH PERSON DAMAGE OCCURRENCE I AIRPORT LIABILITY $ 1,000,000 1,000,000 1,000,!E!0,000 2 CONTRACTUAL LIABILITY $ 3 COMPLETED OPERATIONS $ 1�000,000$ 1,000,000s 1,000,000 1,000,000.and PRODUCTS LIABILITY — EACH PERSON EACH _ OCCURRENCE 4 PREMISES MEDICAL PAYMENTS $ $ EACH AIRCRAFT EACH AGGREGATE DEDUCTIBLE _ OCCURRENCE EACH AIRCRAFT 5 HANGAR KEEPERS' LIABILITY $ 100,000 100,000 100,000 1,000 This Certificate of Insurance neither affirmatively nor negatively amends, extends or alters the coverage af— forded by the Policy. It is issued as a matter of information only and confers no rights upon the certificate holder. �(STRIBUTION: 1-Additional Insured 1-Insured 1-File 1-Field Office AVEEMMC�O INSURANCE COMPANY AIC 9-05-89 NE B y AGL-F 1 (4-89) Auth,briz�)ep sentative IAr Ftl 41 �U4,P-J rda-itiuw �J�,�u l Jl� *Amendment No. 1 Lease Agr Carole Schutz AGREEMENT #1728 MO 4674, 11-7-90 AMENDMENT NO. 1 to - LEASE AGREEMENT1728 WHEREAS the City of Palm Springs, California, hereinafter called "CITY" or "LESSOR', and CAROLE SCHUTZ, hereinafter called'LESSEE', entered into Lease Agreement No. 1728, effective August 5, 1981; and WHEREAS, LESSOR and LESSEE mutually agree to amend said Lease Agreement No. 1728 to include sublease provisions for the rental of space to aviation related general maintenance tenants. NOW, THEREFORE, the parties hereto mutually agree, as follows: ARTICLE II - IMPROVEMENTS/DESCRIPTION OF CONCESSION, Paragraph 'A', is hereby amended to read as follows: A. Lessor hereby grants Lessee the right, privilege, and license to construct and thereafter operate a hangar and related facilities and improvements, either directly or through agents or sub-tenants, provided however, such agents or sub-tenants shall be subject to prior approval of the Lessor,which approval shall not be unreasonably withheld, for a general aviation service business, including, but not limited to, repair of piston engine and engine accessories (such as starters, generators, propellers) and related engine services and sales, together with the right to provide any other services incidental to such operations, it being specifically understood and agreed that no right is granted to Lessee to engage in aviation retail fuel and oil sales. ARTICLE II - IMPROVEMENTS/DESCRIPTION OF CONCESSION is hereby amended to have an additional paragraph, Paragraph 'B", to hereafter read as follows: B. Lesee shall have the right to sublease commercial work space to aviation-related general maintenance service businesses and tenants subject to the provisions of the Airport Rules and Regulations and the City's Business License Code. Prior approval of the Airport Commission is required before any such tenant may engage in any commercial aviation activity at the Airport. ARTICLE IV - OBLIGATION OF LESSEE is hereby amended to have an additional paragraph, Paragraph "P, to hereafter read as follows: I. Obligations with Respect to Sublessees. Lessee may only sublease parts of the Premises by written instruments executed by Lessee and each subleassee, and only with the prior written approval of the Lessor. Every limitation, duty, and obligation imposed on Lessee and its sublessees herein (other that the obligation to pay land rental to City) and every disclaimer of Lessor herein contained shall be expressly acknowledged and accepted or assumed by such sublessees in such sublease to the extent that such accrue during the subtenancy of such 40 4-0 sublease. A fully executed copy of each sublease shall be furnished to City promptly as the same is entered into. ARTICLE V - RENTAL is hereby amended to have an additional paragraph, Paragraph "C", to hereafter read as follows: C. Other Charges: In the event the Lessor authorizes one or more businesses to be conducted on the Premises by Lessee, or any of the Lessee's sublessees, or any public service to be furnished therefrom or thereon by Lessee, or any Lessee's sublessees, the Lessee or Lessee's sublessees shall pay to the City appropriate percentages of gross or net revenues as may be required by the City's Comprehensive Fee Schedule, commercial leases, operating agreements or ordinances. Lessee agrees to pay to the City any and all other non-discriminatory rentals, charges and fees that the City may establish in connection with its use of the Airport and its facilities. ARTICLE XVII -NON-DISCRIMINATION & FAA REQUIRED CLAUSES, Paragraphs "A"through "J" are hereby amended and replaced by Paragraphs "A" through "P" as follows: A. The Lessee for himself, his heirs, personal representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree, as a covenant running with the land, that in the event facilities are constructed, maintained, or otherwise operated on the said property described in this Agreement for a purpose for which a DOT program or activity is extended or for another purpose involving the provision of similar services or benefits, the Lessee shall maintain and operate such facilities and services in compliance with all other requirements imposed pursuant to Title 49, Code of Federal Regulations, DOT, 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, and as said Regulations my be amended. B. The Lessee for himself, his heirs, personal representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree, as a covenant running with the land, that: (1) no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination in the use of said facilities, (2) that in the construction of any improvements on, over, or under such land and the furnishing of services thereon, no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or otherwise be subject 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, Non discrimination in Federally-Assisted Programs of the department of Transportation-Effectuation of Title VI of the Civil Rights Act of 1964, and as said Regulations may be amended. C. That in the event of breach of any of above nondiscrimination covenants, City shall have the right to terminate the Agreement and to reenter and repossess said land and the facilities thereon, and hold the same as if said Lessee had never been made or issued. This provision does not become effective until the procedures of 49 CFR Part 21 are followed and completed including expiration of appeal rights. D. Lessee shall furnish its accommodation and/or services on a fair, equal and not unjustly discriminatory basis to all users thereof and it shall charge fair, reasonable and not unjustly discriminatory prices for each unit or service; PROVIDED, THAT the Lessee may be allowed to make reasonable and nondiscriminatory discounts, rebates or other similar type of price reductions to volume purchasers. E. Non-compliance with Paragraph D above shall constitute a material breach thereof and in the event of such non-compliance the City shall have the right to terminate this Agreement and the estate hereby created without liability therefore or at the election of the City or the United States either or both said Governments shall have the right to judicially enforce Provisions. F. Lessee agrees that it shall insert the above five provisions in any sublease by which said Lessee grants a right or privilege to any person, firm or corporation to render accommodations and/or services to the public on the premises herein leased. G. The Lessee assures that it will undertake an affirmative action program as required by 14 CFR 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. The Lessee assures 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 subpart. The Lessee assures that it will require that its covered suborganizations provide assurances to the Lessee that they similarly will undertake affirmative action programs and that they will require assurances from their suborganizations, as required by 14 CFR 152,Subpart E, to the same effort. H. The City reserves the right to further develop or improve the landing area of the airport as it sees fit, regardless of the desired or view of the Lessee and without interference or hindrance. I. The City reserves the right, but shall not be obligated to the Lessee to maintain and ! 0 keep in repair the landing area of the airport and all publicly-owned facilities of the airport, together with the right to direct and control all activities of the Lessee in this regard. J. This Agreement shall be subordinate to the provisions and requirements of any existing or future agreement between the City and the United States, relative to the development, operation or maintenance of the airport. K. There is hereby reserved to the City, its successors and assigns, for the use and benefit of the public, a right of flight for the passage of aircraft din the airspace above the surface of the premises herein leased. This public right of flight shall include the right to cause in said airspace any noise inherent in the operation of any aircraft used for navigation or flight through the said airspace or landing at,taking off from or operation on the Palm Springs Regional Airport. L. Lessee agrees to comply with the 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 of future building or structure situated on the leased premises. M. The lessee by accepting this Agreement 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 mean sea level elevation of five hundred (500) feet. In the event the aforesaid covenants are breached, the owner reserves the right to enter upon the land leased hereunder and to remove the offending structure or object and cut the offending tree, all of which shall be at the expense of the lessee. N. The Lessee by accepting this Agreement expressly agrees for itself, its successors and assigns that it will not make use of the leased premises in any manner which might interfere with the landing and taking off of aircraft from Palm Springs Regional Airport or otherwise constitute a hazard. In the event the aforesaid covenant is breached,the owner reserves the right to enter upon the premises hereby leased and cause the abatement of such interference at the expense of the Lessee. O. It is understood and agreed that nothing herein contained shall be construed to grant or authorize the granting of an exclusive right within the meaning of Section away of the Federal Aviation Act of 1958 (49 U.S.C. 1349a). P. This Agreement and all the provisions hereof shall be subject to whatever right the United States Government now has or in the future may have or acquire, affecting the control, operation, regulation and taking over of said airport or the exclusive or non-exclusive use of the airport by the United States during the time of war or national emergency. 0 • Except as expressly herein modified,the terms, covenants and conditions of Agreement No. 1728 are hereby ratified, and shall continue in full force and effect. IN WITNESS WHEREOF, the parties have caused these presents to be executed on the o ✓� O�� day of , 1990. ATTEST: CITY OF PALM SPRINGS, CALIFORNIA By City-Clerk k City Manager REVIEWED & APPROVED LESSEE J/ . Carole Schutz AP'PP0v7F, n �"o P BF F �OP,NCR 1' ur L 1 ^'�oancEo ` Transportation and Energy Department 619-323-8163 CONSENT OF CITY TO ASSIGNMENT OF LEASE The City of Palm Springs, County of Riverside, California , hereby consents to the Assignment of Lease Agreement No. 1728 from John L. Kuranz and Thomas A. Killoren, a General Partnership, to Carole Shutz, an individual . CITY OF PALM SPRINGS, CALIFORNIA P/ r'\t'G�IZOIIED AS TO) F R By: �✓ City ManagerATTEST: it ity Attorney Ut Lam' C i ty C-1 e rk Post Office Box 1786, palm Spriogs, California 92263-1786 \c �T ' ov a 1T �n1 �)�C°�I ��`1J ig� ,s eY �PO2 A1E0 �Yn•�V'XG�%b��q�� �� U'% Transportation and Energy Department 619-323-8163 CONSENT OF CITY TO CANCELLATION OF SUBLEASE The City of Palm Springs , County of Riverside, California, hereby consents to the cancellation of the sublease between John L. Kuranz and Thomas A. Killoren, a General Partnership, and Schneck Aviation, Inc. CITY OF PALM SPRINGS, CALIFORNIA By: APPROVED AS TO F ReiVl City Manager ATTEST: 31 1 - /f.Ity At'Lornsy — _ / Date By: City Clerk Post Office Box 1786, Palm Springs, California 92263-1786 ASSIGNMENT OF LEASE IN CONSIDERATION of the assumption of the Lease by CAROLE SCHUTZ , as stated below, and for other good and valuable consideration received, and which is hereby acknowledged, JOHN L. KURANZ and THOMAS A. KILLOREN, a general partnership, ( "Assignor" ) hereby assigns to CAROLE SCHUTZ , an individual, with an address of c/o Alistar, 7777 Center Drive, Suite 402 , Huntington Beach, California 92647 ( "Assignee" ) , all of its right, title and interest as lessee under that certain Lease Agreement No. 1728 , dated August 6 , 1981 , by and between the CITY OF PALM SPRINGS ( "Lessor" ) and JOHN L. KURANZ , JOHN A. HALLEN and THOMAS A. KILLOREN, a California partnership, as lessee. The Lease pertains to the premises located at Palm Springs Municipal Airport, City of Palm Springs , Riverside County, California. Effective Date : The date City of Palm Springs , California, grants its consent to this Assignment. LESSEE: pY s J H L. KURANZ, General Pa er resenting A Two-Thirds Interest ASSUMPTION OF LEASE CAROLE SCHUTZ, hereby accepts the foregoing assignment, assumes said Lease and agrees to perform each and all of the terms, conditions and covenants required of the Lessee therein. Notices under the Lease should be sent to the undersigned at the address below the undersigned ' s signature. Effective Date : The date City of Palm Springs , California, grants its consent to this Assignment. CAROLE SCHUTZ Address : c/o Alistar 7777 Center Drive, Suite 402 Hungtington Beach, CA 92647 , j43/11 ;� �'¢ CONSENT TO CANCELLATION OF SUBLEASE THIS CONSENT TO CANCELLATION OF SUBLEASE is made this 13th day of May, 1988 , by and between JOHN L. KURANZ and THOMAS A. KILLOREN, a California partnership ( "Lessor" ) and SCHNECK AVIATION, INC. , a California corporation ( "Lessee" ) . RECITALS A. Lessor leased the property described in Exhibit "A" (the "Premises" ) , located in the City of Palm Springs , County of Riverside, State of California, from the City of Palm Springs , California, a Municipal corporation (the "City" ) , through a lease agreement made and entered into on August 6 , 1981 . B. Lessor and Lessee entered into a Sublease Agreement for the Premises , as described in Exhibit "A" on August 6, 1981 (the "Sublease" ) . C. Lessee is currently in default in the payment of rental due to Lessor under the Sublease. D. Lessor and Lessee have agreed to cancel the Sublease and return possession of the Premises to Lessor, provided, however, all obligations under the Sublease incurred prior to the effective date, as set forth in paragraph 3 below, shall not be effected by the cancellation of the Sublease. NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows : 1 . Cancellation of Lease . Lessor and Lessee hereby agree to cancel the Sublease between Lessor and Lessee, dated August 6 , 1981, effective on the Effective Date, as defined in paragraph 3 below. 2 . Lease Obligations . Lessor and Lessee hereby agree that any and all obligations incurred under said Sublease prior to the Effective Date shall not be cancelled or otherwise affected by the terms of this Cancellation Agreement. 3 . Effective Date. This cancellation of Sublease shall be deemed effective on the date upon which the City grants its consent to the Assignment of Lease as proposed between Lessor and Carole Schutz (the "Effective Date" ) . IN WITNESS WHEREOF, the parties have entered into this Agreement on the date first set forth above in Palm Springs, California. LESSOR: JOHN L. KRANZ and THOMAS A. KILLO N,^ A General Partnership By: iZ��� i JOgN L. KURANZ G neral Partner 11 LESSEE: SCHN K AVIATION INC. By: L/,-�/ JO N L. KURANZ j43/19 esident 2 EXHIBIT A SUBLEASE AGREEMENT BY AND BETWEEN JOHN L. KURANZ, JOHN A. HALLEN AND THOMAS A. KILLOREN AND SCHNECK AVIATION, INC. , A CALIFORNIA CORPORATION Legal description of property located in the City of Palm Springs, County of Riversides, State of California: That portion of Lots 2 and 3 in Section 13, Township 4 South, Range 4 East, San Bernardino Base and Meridian, as shown on Map of Palm Valley Colony Lands, according to map thereof recorded in Book 14 , Page 652 of Maps , Records of San Diego County, California , being in the City of Palm Springs, County. of Riverside. State of California, described as follows : Commencing at the Northwest corner of said Lot 2 in Section 13, said point being a point on the Northerly line of said Section; thence South, along the Westerly line of said Lot 2, a distance of 40. 00 feet to a point on a line that is parallel with and 40.00 feet Southerly of the Northerly line of said Section 13; thence South 89°48'00" West, along said parallel line, a distance of 148.80 feet; thence South 0°10' 10" West, a distance of 612.82 feet; thence South 89045'00" East, a distance of 25.00 feet to a point on a line that is parallel with and 25.00 feet Easterly of the centerline of North Civic Drive, said point being the True Point of Beginning, said point also being a point on the Westerly extension of the Northerly line of Taxiway No. 8 of the Palm Springs Municipal Airport; thence North 0°1'0' 10" East along said parallel line , a distance of 200.00 feet; thence South 89°49'50" East, a distance of 225.00 feet; thence South 0°10' 10" West, a distance of 367.00 feet; thence North 89°49'50" West, a distance of 225.00 feet to said parallel line; thence North 0°10' 10" East, along said parallel line, a distance of 167.00 feet to the True Point of Beginning, containing 1 .90 acres, more or less. 17, LAW OFFICES OF PEDDERSON, MENZIMER,CONDE, STONER & KILLOREN DALE F.CONDE,P.C. 400 UNITED CENTER TELEPHONE CLIFFORD E.STONER•P C IBI51 ......00 THOMAS A.KI LLOREN,P.C. 120 W.STATE STREET THOMASA BUESCHEL ROCKFORD, ILLINOIS 61101 ROBERT A.CALGARO M I C HA EL J.5 C H APR E PT November 30 , 1982 WRITER'S OTRECT DIAL NUMBER JAMES M.HE55 STEVEN P.ZIMMERMAN OF COUNSEL 987-4040 CLIFFORD A.PEDDERSON LISLE W.MENZIMER The City of Palm Springs Palm Springs , California 922620 RE : Kuranz , Hallen & Killoren % 424 N. Civic Drivek9do Lease Dated August 6 , 1981e �p�� / Performance Bond �������� Dear Sir: Request is respectfully made that the Performance Bond required under Article VII , Paragraph A, of the above lease be waived. This Waiver is requested because substantial leasehold improvement has been made to the leased property, all payments have been made for said construction and, accordingly, no lien will attach to the property in connection with the construction of the hangar facility. Your favorable response to this request is appreciated deeply by the undersigned, as well as by Dr. John L. Kuranz and Mr. John A. Hallen. Sincerely yours, TI40MAS A. KILLOREN A Performance Bond as required under Article VII , Paragraph A of the lease between the City of Palm Springs , California, and Kuranz , Hallen & Killoren, a California Partnership dated August 6 , 1981, is hereby waived. CITY OF PALM SPRINGS, CALIFORNIA BY: r ' /; _ ' Ab TAK/dlk JU cc: Dr. John L. Kuranz CITY N,1ANAGEP, M-6 Mr. John A. Hallen APPROVED BY THE CITY('0i NjCj4 . ATTACHMENT #2 BYPL-S. N ?.,3_�� °� `-I--J' A THE .4ETNA CASUALTY AND SURETY COMPANY Hartford, Conn.cticut 06115 • BOND No. 17 S 1o470 BOA LIFE&CASUALTY LEASE PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS, Schneck Aviation, Inc. of Rockford, Illinois, a Corporation authorized to do business in California, hereinafter referred to as Principal, and THE MINA CASUALTY AND SURETY COMPANY of Hartford, Connecticut, a Corporation authorized to do business in the State of California, hereinafter re- ferred to as Surety, are held and jointly and severally bound unto the City of Palm Springs, County of Riverside, State of California, hereinafter referred to as Obligee, in the sum of TWENTY THOUSAND AND NO/100 (S20p000.00) DOLLARS, lawful money of the United States of America; for the payment of which sum, well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and slverally, firmly by these presents. SEALED with our hands and seals this 1st day of December , 19 81 THE CONDITION OF T11ZS OBLIGATION IS SUCH, that WHEREAS, the Principal has executed a Sublease Agreement with John L. Kuran2, John A. Hallen -and Thomas A. Killoren, a California Partnership effective the 1st day of August, 19819 and John L. Kuranz, John A. Hallen and Thomas A. Killoren have executed a Lease Agreement with the Obligee effective the let day of August, 1981„ both Lease and Sublease being for the following property: That portion of Lots 2 and 3 in Section 13, Township 4 South, Range 4 East, San Bernardino Base and Meridian, as shown on Map of Palm valley Colony Lands, according to map thereof recorded in Book 14, Page 652 of Maps, Records of San Diego County, California, being in the City of Palm Springs, County of Riverside, State of California, described as follows: Commencing at the Northwest corner of said Lot 2 in Section 13, said point being a point on the Northerly line of said Section; thence South, along the Westerly line of said Lot 2, a distance of 40.00 feet to a point on a line that is parallel with and 40.00 feet Southerly of the Northerly line of said Section 13; thence South 89048'00" West, along said parallel line, a distance of 148.80 feet; thence South 0010' 10" West, a distance of 612.82 feet; thence South 89045'00" East, a distance of 25.00 feet to a point on a line that is parallel with and 25.00 feet Easterly of the centerline of North Civic Drive, said point being theTrue Point of Beginning, said point also being a point on the Westerly extension of the Northerly line of Taxiway No. 8 of the Palm Springs Municipal Airport; thence North 0010110" East along said parallel line, a distance of 200.00 feet; thence South 89149150" East, a distance of 225.00 feet; thence South 0010' 10" West, a distance of 367.00 feet; thence North 89 49'50" West, a distance of 225.00 feet to said parallel line; thence North 0010110/, East, along said parallel line, a distance of 167.00 feet to the True Point- of Beginning, containing 1.90 acres, more or less. AND, WHEREAS, the Obligee is desirous of reimbursement for any loss that it sustains in the event of default or failure of Principal under the terms of Principal's Sublease Agreement with John L. Kuranz, John A. Hallen and Thomas A. Killoren; AND, WHEREAS, the Obligee has agreed to accept a bond which has a one-year term and must be renewed annually at the sole option of Surety which agreement is notwith- standing the terms of Article VII of either the aforementioned Lease or Sublease; -1- AND, WHEREAS, Obligee has agreed that it has no rights of recovery under this bond for any loss sustained after the expiration date; AND, WHEREAS, Obligee agrees that the failure of Principal to procure a replacement bond for one which has expired shall not be cause for loss under the terms of the bond that has expired; NOW, THEREFORE, if the Principal shall well and truly pay for any loss sustained by Obligee under the terms of Principal's Sublease Agreement with John L. Kuranz, John A. Hallen, and Thomas A. Killoren, then this obligation shallbe void; otherwise it is to ruin in fall force and effect from the 1st day of December 1981 , until the 30thday of November , 1982 , at which time this obliga- tion shall expire. 9CHNNF3C%" ATI,N, IN /9g_l Bye Flo Attest:_ THE 1ETNA CASUALTY AND SURETY COMPANY i Attorney—in—Fact Approved: J/�v✓ I`S 19 v CITY OF PALM RINGS, CALIFORNIA By L , STATE OF ILLINOIS COUNTY OF KANE ss' Theodora J. Hope z, a Notary Public in and for said County and State, do hereby certify that Resident Vice President, and Kathleen J.Small Resident Assistant Secretary, Attorney-in-Fact, of THE FETNA CASUALTY AND SURETY COMPANY,who iS personally known to me to be the same Person whose name 1S ubscribed to the foregoing instrument, appeared before me this day in Person, and acknowledged - that __he_ signed, sealed and delivered said instrument, for and on behalf of THE ATNA CASUALTY AND SURETY COMPANY, for the uses and purposes therein set forth. Give under my hand and noot1rial seal, this let day of December 19 �1 "�I,Lc1�e9�cC1�' T�o1-h�a NotaryPubPublic .15-1139-DI 1000 _ _ CAT. 229102 „ ' ;�,PRINTED IN 11.5,A, Hartford, Connecticut 06115 LIFE&CASUALTY POWER OF ATT012NEY AND CFG'3WIGATF OF AU7HOE ITV OF AVTOR6+ EV(664N-FACT KNOW ALL MEN BY THESE PRESENTS,THAT THE fETNACASUALTY AND SURETY COMPANY,a corporation duly organized under the laws of the State of Connecticut,and having its principal office in the City of Hartford,County of Hartford,State of Connecticut,hash made,constituted and appointed, and does by these presents make, constitute and appoint Kathleen Se Small - - of Aurora, Illinois ,itstrue and lawful AttorneV(s)-in-Fact,with full powerand authority hereby conferred to sign, execute and acknowledge, at any place within the United States, or, if the following line be filled in, within the area there desig- nated , the following instrument(s): by his/her sole signature and act,any and all bonds,recognizances,contracts of indemnity,and otherwritings obligatory in the nature of a bond, recognizance, or conditional undertaking,and any and all consents incidents thereto not exceeding the sum of ONE MILLION ($1,000,000,00) DOLLARS - and to bind THE FETNA CASUALTY AND SURETY COMPANY,thereby as fully and to the same extent as if the same were signed by the duly authorized officers of THE/ETNA CASUALTY AND SURETY COMPANY,and all the acts of said Attorneys)-in-Fact,pursuantto the authority herein given,are hereby ratified and confirmed. This appointment is made under and by authority ofthe following Standing Resolutions of said Compam/which Resolutions are now in full force and effect. VOTED.That each ief the following officers:Chairman,Vice Chairman,President,Any Executive Vice President,Any Senior Vice President,Any Vice President,Any Assistant Vice President,Any Secretary,Any Assistant Secretary,may from time to time appoint Resident Vice Presidents,Resident Assistant Secretaries,Attorneys-in-Fact,and Agents to act for and on behalf of the Company and may give any such appointee such authority as his certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances,contracts of indemnity,and other writings obligatory in the natureof a bond,recognizance,or conditional undertaking,and any of said officers orthe Board of Directors may at any time remove any such appointee and revoke the power and authority given him. VOTED:That any bond,recognizance,contract of indemnity,or writing obligatory in the nature of a bond,recognizance,or conditional undertaking shall be valid and binding upon the Company when(a)signed by the Chairman,the Vice Chairman,the President,an Executive Vice President,a Senior Vice President, a Vice President, an Asalstant Vice President or by a Resident Vice President, pursuant to the power prescribed in the cortlflcateof authority of such Resident Vice President,and duly attested and soaled with the Cornpany'c seal by a Secretary or Assistant Secretary or by a Resident Assistant Secretary,pursuant to the power prescribed in the certificate of authority of such Resident Assistant Secretary;or(b)duly executed(under seal, if required)by one or more Attorneys-in-Fact pursuantto the power prescribed in his or their certificate or certificates of authority. This Power of Attorney and Certificate of Authority is signed and sealed by facsimile under and by authority of the following Standing Resolution voted by the Board of Directors of THE iETNA CASUALTY AND SURETY COMPANY which Resolution is now in full force and effect: VOTED: That the signature of each of the following officers:Chairman,Vice Chairman,President,Any Executive Vice President,Any Senior Vice President,Any Vice President,Any Assistant Vice Presi dent,Any Secretary,Any Assistant Secretary,and the sea I of the Company may be affixed by facsimile to any power of attorney or to any certificate relating thereto appointing Resident Vice Presidents,Resident Assistant Secretaries or ---- - --- ------_-�••.,a=-=�••��_...+a10 fin,,hnndc nd,mdert.kinus and other writings obligatory in the nature thereof,and any R ENDORSEMENT ADDITIONAL PREMIUM$ RETURN PREMIUM$ Attached to and forming part of Policy/Certificate No. M? 12662/7170 in the name of SCE AV7ATICN INM Effective date of this endorsement is TANEMgY 1, 1982 Endorsement No. 10 IN CT_MICERn= of the pnaaiun at which this liol is written, IT IS EMZMY TIME OMOD AND AM0D that: the pmvisibns:!of`the Sub-Lease Agree- dated August of 1981, are included herein,iwhirh provides: 1.) C MY C1F PALM SPR DM, A,MH�IlCLE'AL'(73FPORATTCN AND JC M L. KMMZ, JC EU A ID LLEENt 792DW�A. KCGT10IiFN, A CAiMMRM PAS ARE ATE AS ' AND ARE HUD E8UMESS.. 2.) SIMXTY (60) CF QR1=ZtA71W. EXIMM CUSS X@MXGMXEAMFUL MISQXMWT OF LESSOFL AV 3.17/86082 / PVA 17986 R ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED, c Wakt 8mkM&America, h1c. DATED: By APRIL 8, 1982 MES:ppw VICE PMSIEENT BK-17 125 South Wacker Drive Chicago, Illinois 60606 Phone (312) 2377333 VERIHCA 8 N OF INSURANCE IN ACCORDANCE WITH AUTHORIZATION GRANTED TO ateWa-rt8aal4MidAmericaJgC. BY UNDERWRITERS AT LLOYD'S OF LONDON AND VARIOUS INSURANCE COMPANIES IN LONDON, ENGLAND. HEREINAFTER CALLED "UNDERWRITERS" THIS IS r PALM SPRINGS MUNICIPAL AIRPORT (AND ATTACHED) (ADDITIONAL INSUREDS) TO PALM SPRINGS, CALIFORNIA 92262 VERIFY ATFN. : MR. EDWARD COLBY TO L AVIATION DIRECTOR. J THAT THE UNDERWRITERS HAVE ISSUED TO SCHNECK AVIATION, INCORPORATED Greater Rockford Airport 60 Airport Drive Rockford, Illinois 61109. POLICY OF INSURANCE NO. MO 12662/7170 FOR THE PERIOD BEGINNING AT 12:01 am. ON THE FIRST DAY OF JANUARY 19 82 AND ENDING AT 12:01 a.m. ON THE FIRST DAY OF JANUp,RY 19 83 STANDARD TIME AT THE PLACE OF ISSUE. INSURING SAID ASSURED FOR AVIATION COMPREHENSIVE LEGAL LIABILITY INSURANCE WHICH INCLUDES PREMISES, PRODUCTS, HANGARKEEPERS AND IN—FLIGHT HANGAMIEEPERS, AND NON—OWNED AIRCRAFT (UP TO TEN (10) PASSENGER SEATS) INCLUDING PASSENGER BAGGAGE COVERAGE. THE LIMITS OF LIABILITY CONTAINED IN SAID POLICY ARE AS FOLLOWS: 1.) IN RESPECT OF PREMISES, PRO— DUCTS AND NON—OWNED AIRCRAFT LIABILITIES: Combined Single Limit Bodily Injury/Property Damage $25,000,000.00 Any One Occurrence (And In The Aggregate Annually In Respect Of PRODUCTS LIA— BILITY) INcluding PASSENGER LEGAL LIABILITY In Respect Of NON—OWNED AIRCRAFT LIABILITY EXcluding GROUNDING LIABILITY. 2.) IN RESPECT OF HANGARKEEPERS LIABILITY (INCLUDING IN—FLIGHT HANGAR— KEEPERS LIABILITY) : $500,000.00 Any One Aircraft/$1,000,000.00 Any One Occurrence. (Deducti— bles: $1,500.00 Ground Each And Every Claim/$5,000.00 In—Flight Each And Every Claim) . This document is furnished to you as a matter of information only. The issuance of this document does not make the person or organization to whom it is issued an additional assured, nor does it modify in any manner the contract of insur- ance between the Assured and the Underwriters. Any amendment, change or extension of such contract can only be effec- ted by specific endorsement attached thereto. Should the above mentioned contract of insurance be cancelled, assigned or changed during the above named policy period in such manner as to affect this document, we the undersigned, will endeavor to give ten (10) days written notice to the holder of this document, but failure to give such notice shall impose no obligation of any kind upon the undersigned or upon the Underwriters. SIGNED AT CHICAGO, ILLINOIS, THIS TWENTY—SOH DAY OF APRIL 19 82. MES:ppw &Walrte5areidt fidArraerica,I110. By VICE,/PRESIDENT l Kuranz, Ha11en & Killoren - lease 1.9 acres, Airport for gen. aviation serv. business LEASE AGREEMENT AGREEMENT #1728 (Orig 8-6-81) Res 13927, 8-5-81 _incl sublease w/Sch_n_ec_k __ THIS AGREEMENT, made and entered into this JL day of August, 1981, by and between the CITY OF PALM SPRINGS, CALIFORNIA, a Municipal corporation, hereinafter sometimes called "City" or "Lessor" , and JOHN L. KURANZ, JOHN A. HALLEN, and THOMAS A. KILLOREN, a California partnership, hereinafter sometimes called "Lessee" . RECITALS A. The City owns the property described in detail in EXHIBIT "A" , attached hereto and made a part hereof, located in the City of Palm Springs, County of Riverside, State of California; and B. The City wishes to enter into the lease of said pro- perty in the interest of furthering and carrying out its public purpose; and C. Lessee proposes to make certain improvements on the land leased and/or demised hereunder, which improvements contemplate that the Lessee shall construct upon the leased premises a hangar and other related improvements and facili- ties adequate and necessary to operate a general aviation service business, including, but not limited to, piston engine and engine accessories, assembly, overhaul, installa- tion, and related services, and to thereafter operate the same. NOW, THEREFORE, in consideration of the rents, covenants , and agreements contained herein and other valuable considerations, the City hereby rents, leases , and demises to Lessee and Lessee hires , leases and takes from Lessor on the terms and conditions hereinafter set forth, a tract of land in the City of Palm Springs, County of Riverside, State of California, consisting of 1.9 acres , 19 a 5 1 19 a 6 more or less , more particularly described in description attached hereto as EXHIBIT "A" and made a part hereof for all purposes . ARTICLE I - TERM The term of this agreement shall be for forty (40) years beginning on August 1 , 1981, and ending on July 31 , 2021 . ARTICLE II - IMPROVEMENTS/DESCRIPTION OF CONCESSION Lessor hereby grants Lessee the right, privilege, and license to construct and thereafter operate a hangar and related facilities and improvements for a general aviation service business, including, but not limited to, repair of piston engine and engine accessories (such as starters, generators , propellers) and related engine services and sales, together with the right to provide any other services incidental to such operations , it being specifically understood and agreed that no right is granted to Lessee to engage in aviation retail fuel and oil sales . ARTICLE III - CONSTRUCTION OF IMPROVEMENTS BY LESSEE A. General Specifications : Lessee shall without cost to Lessor and within the time periods subscribed herein com- mence and complete construction of a general aviation ser- vice business . The complex shall be of an attractive modern type design compatible with the surrounding Palm Springs Airport facilities. Lessee shall provide adequate automobile parking spaces as required by the standards of the City. Submission of Plans and Specification: Lessee has sub- mitted to the Palm Springs Airport Commission a site use 2 plan depicting the proposed hangar and related office faci- lity. In addition, Lessee' s architect has provided the Airport Commission architectural renderings sufficient to allow the Airport Commission to determine the character of the improvements to be constructed on the demised premises . The Airport Commission has approved -t-he proposed general aviation service business as described in said plans . Within 180 days after the execution of -this Agreement, Lessee shall submit to City for approval final plans and specifications for the structures and improvements Lessee proposes to construct on the demised premises , including support facilities , parking facilities, landscaping plans, together with preliminary estimates of the construction costs of said facility, as well. as the schedule for its construction hereinafter provided. Lessee ' s plans and specifications for the building shall be subject to approval by the City. Such approval shall not be unreasonably withheld. B . Encumbrance : 1 . This lease, or any right to or interest in, or any of the improvements on the leased premises , may be encumbered with the written approval of the City. No such encumbrances or any addition thereto or extension thereof shall be valid without said approval, provided, however, the City shall consent in writing to any encumbrances that does not exceed eighty-five percent (85% ) of the value of the leasehold interest and improvements placed thereon. 2 . An encumbrance must be confined to the lease- hold interest of Lessee or the subleasehold interest of a sublease and shall not jeopardize in any way the Lessor ' s interest in the land. Lessee agrees to furnish as requested any financial statements or analysis pertinent- to the 19 a 7 3 19 a 8 encumbrance that City may deem necessary to justify the amount, purpose and terms of said encumbrance. 3 . In the event of default by the Lessee of the terms of an approved encumbrance, the encumbrancer may exer- cise any rights provided in such approved encumbrance, pro- vided that before any sale of the leasehold, whether by power of sale or foreclosure, the encumbrancer shall give to City notice of the same character and duration as is required to be given to Lessee by such encumbrancer and/or the laws of the State of California. Any notice of default shall comply with the provisions of Section 2924(c) of the Civil Code of the State of California. 4. If any sale under the approved encumbrance occurs, whether by power of sale or foreclosure, the purchaser at such sale shall succeed to all of the rights, title and interest of the Lessee in the leasehold estate covered by said approved encumbrance. It is further agreed that, if the purchaser at such sale is the encumbrancer, the encumbrancer may sell and assign the leasehold interest without any further consent provided that the assignee shall agree in writing to be bound by all the terms and conditions of this lease. If the encumbrancer is the purchaser, it shall be required to perform this lease only so long as it retains title thereto. If a sale under the approved encumbrance occurs, and the purchaser is a party other than the encumbrancer, said purchaser, as successor in interest to the Lessee, shall be bound by all the terms and con- ditions of this Lease. S . If notice of such sale shall be given and the defaults or any of them upon which such notice of sale is based shall then continue, Lessor shall have the right to correct such defaults at any time prior to the date of sale 4 or foreclosure, and to terminate such leasehold upon paying to the encumbrancer the balance of the encumbrance, as hereinafter defined. 6 . "Balance of encumbrance" shall mean the amount of principal remaining unpaid on a note secured by a trust deed or mortgage of an interest in this lease; provided that- to such principal shall be added accrued interest thereon past due and expenses incurred by the lender in connection with foreclosure on such trust deed or mortgage and note together with all necessary expenditures made by the lender to maintain said leasehold interest valid and in good standing during the process of foreclosure, including but not limited to fire insurance premiums , title insurance expenses, recording fees , appraisal fees , attorney' s fees , credit reports and any tax reporting services and additional expenditures paid by the lender on additions, betterments and rehabilitation of improvements on the property encum- bered pursuant to plans approved by the City, which consent may not be unreasonably withheld, and other expenses necessary to place the improvements in marketable condition, such adjusted principal to be paid in cash or at the option of City amortized over the term and in accordance with the schedule set forth in said note, the interest rate on the unpaid balance thereto to be as set forth in said note . 7 . Lessor agrees that it will not terminate this lease because of any default or breach hereunder on the part of Lessee if the encumbrancer under the trust deed, within ninety (90) days after service of written notice on the encumbrancer by Lessor of its intention to terminate this lease for such default or breach, shall: 7 .1 Cure such default or breach if the same can be cured by the payment or expenditure of money provided to S 19 a 9 19 a 10 be paid under the terms of this lease; provided, however, that for the purpose of the foregoing, the encumbrancer shall not be required to pay money to cure the bankruptcy or insolvency of Lessee; or 7 . 2 If such default or breach is not so curable, cause the trustee under the trust deed to commence and thereafter diligently to pursue to completion steps and proceedings for judicial foreclosure, the exercise of the power of sale under_ and pursuant to the trust deed in the manner provided by law, or accept from Lessee an assignment in lieu of foreclosure, and keep and perform all of the covenants and conditions of this lease requiring the payment or expenditure of money by Lessee until such time as said leasehold shall be sold upon foreclosure pursuant to the trust deed, be released or reconveyed thereunder, be sold upon judicial foreclosure or be transferred by deed in lieu of foreclosure. C. Construction Schedule/Default: 1 . Within ninety ( 90) days following final City approval of the plans and specifications for the improve- ments, Lessee shall commence construction of the general aviation service business and related improvements con- templated herein. The facility shall be completed within fifteen (15) months from the date of commencement of construction. 2 . If Lessee fails to complete improvements, deve- lopment, and construction within the time periods as spe- cified hereinabove, the Lessor may at its sole option as to each such period: (a) Require that the guaranteed minimum annual rentals payable under this lease increase in an amount equal to 50 of the previous month ' s rent, beginning the 6 month following that month in which construction was to be completed. This increase shall remain in full force and effect from the date of its effect. (b) For each lease year that Lessee fails to complete full improvement, as required hereinabove, annual rentals payable under this lease shall be increased in an amount equal to 20 of the then current rent, beginning the month following that month during which full development was to be completed. This increase shall remain in full force and effect from the date of its effect and until the contemplated improve- ments are completed. (c) Lessee agrees to hold Lessor harmless from and against any and all claims by mechanics, materialmen, or suppliers , which may result from the completion of the construction, finishing, decorating, equipment and fix- turization. Lessee further agrees to furnish Lessor upon completion of construction certificates of comple- tion satisfactory to Lessor. Such certificates shall show that all costs of construction have been paid and that no liens shall attach to the realty. (d) Prior to the commencement of construction of each improvement on the leased property, or any repair or alteration thereto, the Lessee shall give City ten (10) days advance notice in writing of intention to begin said activity in order that non-responsibility notices may be posted and recorded as provided by State and local laws. Nothing contained herein, however, shall prevent Lessee from constructing said improvements prior to the time frames established hereunder. D. Title to Improvements : Title to all fixed 19a11 7 19 a 12 improvements made to and placed upon the premises shall remain the property of the Lessee and shall vest in City at such time as this lease agreement is terminated as provided herein. Furniture, furnishings, and equipment, not including heat and air conditioning equipment, will remain the personal property of the Lessee and may be removed by Lessee upon termination of this agreement. It is specifically understood and agreed that upon such removal the Lessee shall restore the space to good useable condition, ordinary wear and tear excepted. ARTICLE IV - OBLIGATIONS OF LESSEE A. Lessee agrees that he will operate and maintain the general aviation service business and facilities and impro- vements connected therewith in a first class manner com- parable to other first class general aviation service businesses . At all times during the letting hereunder, the Lessee shall maintain full, adequate and experienced manage- ment, all of whom, as well as Lessee' s other employees , shall be reputable and of good character. B. Lessee, his employees, agents or servants shall at all times comply with the laws and regulations of the United State of America, the State of California and all applicable ordinances , codes, and regulations of the City of Palm Springs, and regulations governing the operation of the Palm Springs Municipal Airport as they now exist or as they may hereafter be lawfully amended. Violations thereof by Lessee, his agents, servants or employees , or revocation of permits or licenses required in the performance of this agreement, shall be cause for termination of this lease agreement at t-he option of the Lessor if not corrected after ninety (90) days written notice as hereafter provided. 8 C. Lessee shall procure and maintain at his own expense all licenses or permits necessary to legally conduct the general aviation service business and associated businesses in City. D. Lessee covenants and agrees that it will pay, when due, all taxes which may be levied against Lessee ' s property or operations under this lease, including all property, sales, use, business activities or other tax. Lessee speci- fically acknowledges that the leasehold interest granted herein may be subject to possessory interest taxes . D. Lessee shall provide a complete and proper area for the adequate sanitary handling and disposal, away from the airport of all trash, garbage and other refuse caused as a result of the operation of its business . Lessee shall pro- vide and use suitable covered metal receptacles for all gar- bage, trash and other refuse. It is agreed that the piling of boxes, cartons, barrels, or other similar items in an unsightly or unsafe manner on or about the premises is pro- hibited. F. Lessee shall bear all costs of operating the general aviation service business and shall pay in addition to ren- tal all other costs connected with the use of the premises , facilities, rights and privileges granted herein. Lessee agrees, at its own expense, to cause the premises and improvements, including automobile parking facilities and landscaping to be maintained in a first class , presentable condition consistent with good business practices and to assure that the building and grounds present an attractive appearance. G. Lessee will not suffer or permit to be maintained upon the outside of any improvements located on the premises any billboards or advertising signs except those which have 19 a, 13 9 • i 19a14 the specific prior approval of City. It is agreed, however, that Lessee may maintain on the premises, or on the outside of the general aviation service business erected on the pre- mises, his name or a trade name in neatly painted, electri- cal or other illuminated sign or signs which conform to the Palm Springs Sign Ordinance. The size and type of any sign or signs must have the prior written approval of City which approval shall not be unreasonably withheld. H. Lessee will use his best efforts to restrict the use of his automobile parking facilities on the premises to the automobiles of Lessee ' s guests , visitors, employees and suppliers . ARTICLE V - RENTAL A. Lessee agrees to pay to Lessor as rental for the land, as shown and described on attached Exhibit "A" and containing approximately 1..9 acres, for the first five ( 5) years of this lease, FIFTY-THREE THOUSAND TWO HUNDRED DOLLARS payable monthly in advance in equal installments in the amount of EIGHT HUNDRED SIXTY-SIX DOLLARS 9 SIXTY-SEVEN CENTS per month. For the remainder of this lease, in equal monthly installments in advance, an amount of money to be determined by revising the first five years ' rents set forth in this paragraph as the base rent, as follows : The rental shall be revised, effective the beginning of the SIXTH (6th) , ELEVENTH ( llth) , SIXTEENTH ( 16th) , AND EVERY FIVE YEARS, thereafter, based on the change in the cost of living index. The cost of living 10 index to be used is that reflected by the Consumer Price Index, all items, Los Angeles-Long Beach-Anaheim, ( 1967 equal 100) , published by the Bureau of Labor Statistics of the U. S. Department of Labor. If, for any reason what- soever, there is any change in the method of calculation or formulation of said price index, or if that index shall be no longer published, then another index generally recognized as authoritative, shall be substituted by agreement. In any event, the base used by the new index shall be reconciled to the 1967 index. The rentals set out hereinabove shall be payable on the first day of each and every month throughout the term of this agreement. B. During the construction period contemplated herein, the rental set forth hereinabove shall be reduced fifty per- cent (50%) . It is specifically understood that the fifty percent ( 50%) reduction se£ forth herein shall terminate on the date that beneficial use of the properties occurs, but, in any event, not later than August 31, 1982 . ARTICLE VI - INSURANCE A. Liability Insurance : During the entire term of this agreement, Lessee agrees to procure and maintain public liability insurance at its sole expense to protect against loss from liability imposed by law for damages on account of bodily injury, including death therefrom, suffered or alleged to be suffered by any person or persons whomsoever, resulting directly or indirectly from any act or activities of the Lessor or Lessee, or any person acting for City, or Lessee or under its control or direction, and also to pro- tect against loss from liability imposed by law for damages 19 a 15 11 19 a 16 to any property of any person caused directly or indirectly by or from acts or activities of City, of Lessee, or any person acting for City or Lessee, or under its control or direction. Such public liability and property damage insurance shall also provide for and protect City against incurring any legal cost in defending claims for alleged loss . Such public liability and property damage insurance shall be maintained in full force and effect throughout the term of the Agreement and any extension thereof in the following minimum limits : Bodily Injury $250, 000 each person $500, 000 each occurrence $500, 000 aggregate products & completed operations Property Damage $100, 000 each occurrence $250, 000 aggregate A combined single limit policy with aggregate limits in the amount of One Million Dollars ( $1, 000, 000 ) will be considered equivalent to the required minimum limits. All of such insurance shall be primary insurance and shall name City as an additional insured. If the operation under this Agreement results in an increased or decreased risk in the opinion of the City Manager, then Lessee agrees that the minimum limits hereina- bove designated shall be changed accordingly upon request by the City Manager; provided, however, that the Lessee may appeal to the City Council within ten (10) days after any increase is requested and such requirement for increased coverage shall be subject to determination by the City Council, Lessee agrees that provisions of this paragraph as to maintenance of insurance shall not be construed as 12 limiting in any way the extent to which the Lessee may be held responsible for the payment of damages to persons or property resulting from Lessee' s activities, or the activi- ties of any person or persons for which Lessee is otherwise responsible. B. Worker ' s Compensation Insurance: The Lessee shall procure and maintain, at its sole expense, Worker' s Compensation Insurance in such amounts as will fully comply with the laws of the State of Caifornia and which shall indemnify, insure and provide legal defense for both the Lessee and the City against any loss , claim, or damage arising from any injuries or occupational diseases happening to any worker employed by the Lessee in the course of carrying out the within agreement. C. Fire & Extended Coverage Insurance : Lessee also agrees to procure and maintain, at its sole expense, during the term of this Agreement, and any extension thereof, a policy of fire, extended coverage and vandalism insurance on all permanent property of Lessee ' s of an insurable nature located upon the leased premises . Said policy shall be in an amount sufficient to cover at least eighty percent (80%) of the replacement costs of said property. Lessee agrees to pay the premium for such insurance and shall require that any insurance proceeds resulting from a loss under said policy are payable jointly to City and Lessee and said pro- ceeds shall constitute a trust fund to be reinvested in rebuilding or repairing the damaged property or said pro- ceeds may be disposed of as specified in paragraph D. following, entitled "Waste, Damage or Destruction" , hereof,- provided, however, that within the period during which there is in existence a mortgage upon the leasehold, then and for that period all policies of fire insurance, extended 19 a 17 13 19 a 18 coverage and vandalism shall be made payable jointly to the mortgagee or beneficiary, the named insured, City, and shall be disposed of jointly by the parties for the following purposes : 1 . As a trust fund to be retained by said mortga- gee or beneficiary and applied in reduction of the debt secured by such mortgage with the excess remaining after full payment- of said debt to be paid over to Lessee and City to pay for reconstruction, repair, or replacement of the damaged or destroyed improvements in progress payments as the work is performed. The balance of said proceeds shall be paid to Lessee. Provided further, however, nothing herein shall prevent Lessee, at its option and with the approval of said mortgagee or beneficiary, from filing a faithful performance bond in favor of said mortgagee or beneficiary and City in an amount equivalent to said insurance proceeds in lieu of surrendering said insurance proceeds to said mortgagee or beneficiary and City. 2. In the event that this lease is terminated by mutual agreement and said improvements are not reconstructed, repaired, or replaced, the insurance proceeds shall be jointly retained by City and said mortgagee or beneficiary to the extent necessary to first discharge the debt secured by said mortgage or deed of trust and then to restore the premises in a neat and clean condition. Said mortgagee or beneficiary shall hold the balance of said pro- ceeds for City and Lessee as their interests may appear. Lessee agrees to increase the limits of liability when in the opinion of the City Manager, the value of the improvements covered is increased, subject to the availabi- lity of such insurance at the increased limits ; provided, 14 however, that the Lessee may appeal to the City Council within ten (10) days after any increase is requested and such requirement for increased coverage shall be subject to determination by the City Council. D. Waste, Damage, or Destruction: Lessee agrees to give notice to the City of any fire or other damage that may occur on the leased premises within ten (10) days of such fire or damage. Lessee agrees not to commit or suffer to be committed any waste or injury or any public or private nuisance, to keep the premises clean and clear of refuse and obstructions, and to dispose of all garbage, trash and rub- bish in a manner satisfactory to the City. If the leased premises shall be damaged by any cause which puts the premi- ses into a condition which is not decent, safe, healthy, and sanitary, Lessee agrees to make or cause to be made full repair of said damage and to restore the premises to the conditions which existed prior to said damage, or Leessee agrees to clear and remove from the leased premises all debris resulting from said damage and rebuild the premises in accordance with plans and specifications previously sub- mitted to the City and approved in writing in order to replace in kind and scope the operation which existed prior to such damage. Lessee agrees that preliminary steps toward per- forming repairs, restoration, or replacement of the premises shall be commenced by Lessee within thirty ( 30) days and the required repairs, restoration or replacement shall be completed within a reasonable time thereafter. City may determine an equitable deduction in the minimum annual rent requirement for such period that said premises are untenable by reason of such damage. E. Automotive Insurance: The Lessee shall procure and 19 a 19 15 19 a 20 maintain, at its sole expense, throughout the term of this agreement and any extension thereof public liability and property damage insurance coverage for automotive equipment, if any, with coverage limits of not less than One Million Dollars ( $1, 000, 000) combined single limit. All such insurance shall be primary insurance and shall name the City of Palm Springs as an additional insured. Lessee ' s cer- tification that it has no automobile equipment shall satisfy this clause. F. Evidence of Insurance: A certificate of insurance, or an appropriate insurance binder, evidencing the above insurance coverage with a company acceptable to the City' s Risk Management Officer shall be submitted to the City prior to execution of this Agreement on behalf of the City. G. Notice to City, Insurance Coverage Change : The terms of the insurance policy or policies issued to provide the above insurance coverage shall provide that said insurance may not be amended or cancelled by the carrier, for non-payment of premiums or otherwise, without sixty ( 60) days prior written notice of amendment or cancellation to City. In the event the said insurance is cancelled, the Lessee shall, prior to the cancellation date, submit- to the City Clerk new evidence of insurance in the amount hereto- fore established. ARTICLE VII - BONDS A. Prior to the execution of this contract, the Lessee shall provide City, and maintain through the life of this agreement, a performance bond in the amount of $20,000, payment of such performance bond shall be due and payable to reimburse City for any loss sustained in the event of default or failure of the Lessee to perform as herein set 16 forth. Alternatively, the Lessee may at his option post a Certificate of Deposit, payable to City in the amount of $20,000 in a bank or savings and loan association approved by City. In the event Lessee elects to exercise this option, any interest accruing to the Certificate of Deposit shall remain the property of Lessee. B . The Lessee shall, prior to the commencement of construction as hereinbefore specified, provide the City with a Construction Payments Bond in an amount equal to the estimated cost of construction as approved by Lessor which shall be posted prior to the commencement of the construc- tion. Payment of such Construction Payments shall be due and payable to reimburse City for any loss sustained in the event of default or failure of the Lessee to perform as hereinabove set forth. Alternatively, the Lessee may at his option post a Certificate of Deposit payable to City in the amount equal to the estimated cost of construction in a bank or savings and loan association approved by City. In the event the Lessee elects to exercise this option, any interst accruing to the Certificate of Deposit shall remain the property of Lessee. C. As alternative to furnishing the bonds in accor- dance with Paragraphs A and B above, Lessee may enter into a building loan agreement with an institutional lender, which building loan agreement shall be subject to the approval of City. Prior to such approval, Lessee shall deposit with the lending institution the difference between the amount- of the loan and the projected cost of the improvement. ARTICLE VIII - TERMINATION BY LESSEE In addition to all other remedies available to the Lessee, this agreement shall be subject to cancellation by 19 a 21 17 19a22 the Lessee should any one or more of the following events occur: A. The issuance by any court of competent juris- diction of a permanent injunction in any way preventing the use of the leased premises for the purpose herein- before enumerated. B. The breach by the Lessor of any of the terms, covenants or conditions of this agreement to be kept, performed and observed by the Lessor, and the failure of the Lessor to remedy, or to commence action to remedy such breach for a period of thirty ( 30) days after writ- ten notice from the Lessee of the existence of such breach. C. The assumption by the United States Government, or any authorized agency of same, of the operation, control or use of the airport and its facili- ties in such a manner as to substantially restrict the Lessee from conducting its operation if such restric- tions be continued for a period of six (6) months or more. ARTICLE IX - TERMINATION BY LESSOR A. In addition to all other remedies available to the Lessor, this agreement shall be subject to cancellation by Lessor should any one or more of the following exist: 1 . If Lessee shall file voluntary petition of bankruptcy, or if proceedings in bankruptcy shall be instituted against it and it is thereafter adjudicated a bankrupt pursuant to such proceedings; or if a court shall take jurisdiction of Lessee and its assets pur- suant to proceedings brought under the provisions of any Federal reorganization act; or if a receiver for 18 Lessee ' s assets is appointed by a Court of competent- jurisdiction; or if Lessee shall be divested of its rights, powers and privileges under this contract by other operation of law. 2 . If Lessee shall abandon and discontinue the conduct and operation of said general aviation service business facility for a period of six (6) months or more. 3 . If Lessee shall default in or fail to make any payments at the times .and in the amounts as required of it under this contract, 4. If Lessee shall fail to perform, keep and observe all of the covenants and conditions contained in this contract to be performed, kept and observed by it. 5 . If Lessee shall fail to abide by all appli- cable laws, ordinances and rules and regulation of. the United States, State of California or the City of Palm Springs . B. Upon the happening of any of the contingencies recited in subparagraph A. in Article IX above, Lessor shall give written notice to Lessee to correct or cure such default, failure to perform, or breach and if, within ninety (90) days from date of such notice, the default, failure to perform, or breach complained of shall not have been corrected in a manner satisfatory to the Lessor, then and in such event Lessor shall have the right, at once and without further notice to Lessee, to declare this contract ter- minated and to enter upon and take full possession of the leased premises and, provided further, that upon the hap- pening of any one of the contingencies enumerated in subsec- tion "A" hereof, this contract shall be deemed to be breached by Lessee and thereupon without entry or. other 19a23 19 19 a 24 action by Lessor the contract shall terminate subject to being reinstated only if such involuntary bankruptcy or insolvency proceedings petitions for reorganization, trusteeship, receivership, or other legal act divesting Lessee of its rights under this contract shall be denied, set aside, vacated or terminated in Lessee ' s favor within forty-five (45) days from the happening of the contingency. Upon the happening of said latter events, this contract shall be reinstated as if there had been no breach occa- sioned by the happening of said contingencies, provided that Lessee shall within ten (10) days after the final denial, vacating or setting aside of such petition of the vacating, terminating or setting aside of such appointment, pay or discharge any and all sums of money which may have been due under this contract in the interim and shall then remain unpaid and shall likewise fully perform and discharge all other obligations which may have accrued and become payable in the interim. C. Lessor shall give written notice of such ter- mination to said Lessee if defaults have not been cured within said ninety ( 90) days and the lease shall terminate within ten (10) days from the date of said notice. The acceptance of rentals and fees by Lessor for any period after a default of any of the terms, covenants, and con- ditions herein contained to be performed, kept and observed by Lessee shall not be deemed a waiver of any rights on the part of the Lessor to cancel this lease for failure by Lessee to so perform, keep or observe any of the terms of this agreement to be kept, performed and observed by the Lessee shall by construed to be or act as a waiver by the Lessor of any subsequent default on the part of the Lessee. 20 ARTICLE X - SUBLEASING The privileges contained herein are personal . The Lessee agrees that it will not sublease the same or any por- tion thereof or any improvements thereon including, but not limited to, building or facilities constructed on the premi- ses without the express consent of the Lessor in writing. Any purported sublease or violation hereof shall be void. Lessor will not be unnecessarily arbitrary in granting said permission, but the Lessor shall be the sole judge as to the reliability, capability, character and desirability of the parties involved until construction of all improvements is completed. Thereafter, Lessor agrees that it will not unreasonably withhold its consent. However, the parties hereto understand that the partnership of Hallen, Kuranz, Hallen, and Killoren intend to sublease the facilities contemplated herein under an arrangement with Schneck Aviation, Inc. , a corporation being formed as a wholly owned subsidiary of Schneck Aviation, Inc. , an Illinois corporation. Lessor hereby agrees and consents to such sublease by Kuranz, Hallen and Killoren, without in any way limiting any other right of Lessor granted herein. The new Schneck Aviation, Inc. as Subleasee shall agree to be bound by the terms and conditions of this Lease, but this will in no way release or modify Lessee ' s obligations under this Lease. ARTICLE XI - NON EXCLUSIVENESS Nothing contained in this agreement shall be construed, grant or authorize the granting of any exclusive right within the meaning of Section 308 of Federal Aviation Act of 1958, as amended. ARTICLE XII - RIGHT OF INSPECTION 19 a 25 21 19 a 26 The Airport Manager and/or his duly authorized representatives shall have at any and all times , the full and unrestricted right to enter the premises for the purpose of inspecting such premises and of doing any and all things with reference thereto which the Lessor is obligated or authorized to do as set forth herein or which may be deemed necessary for the proper general conduct and operation of the Palm Springs Municipal Airport, or in the exercise of the Lessor' s police power. ARTICLE XIII - HOLDING OVER In the event Lessee shall hold over and remain in possession of the premises herein leased after expiration of this agreement without any written renewal -thereof, such holding over shall not be deemed to operate as a renewal or extension of this agreement, but shall only create a tenancy from month-to-month which may be terminated at any time by Lessor. ARTICLE XIV - RULES AND REGULATIONS The Lessor shall have the right to and shall adopt and enforce reasonable rules and regulations with respect to the use of the Airport and facilities thereon which Lessee agrees to observe and obey.. ARTICLE XV - MAINTENANCE - ALTERATIONS AND REPAIRS A. Lessee shall at all times ]reep the premises and all fixtures , equipment and personal property in a clean and orderly condition and appearance. B, Lessee shall repair, replace, rebuild and paint all or any part of the premises which may be damaged or destroyed by the acts or omissions of Lessee, sublessees or 22 by those of its officers , employees , guests , invitees or of other persons on or at the premises with consent of Lessee. C . Lessee shall take such care of the premises and all parts thereof that at all times during the term of this agreement and at the expiration or termination hereof, the premises shall be in as good condition as at the time of completed construction or installation, except for reaso- nable wear which does not adversely affect the structural integrity or condition of the structures or adversely affect the appearance and efficient and proper utilization of any part of the premises. The premises and all parts thereof shall include, but not be limited to, such of the following as are or may be located or installed in or on the premises during the term of this agreement- Fencing the exterior and interior of the building walls, the exterior and interior and operating mechanism of and attachments to windows and skylights, screens, roofs, foundations, steel work, columns ; the exterior and interior and operating mechanism of and attachments to doors, partitions, floors , ceilings; inside and outside paving and unpaved areas, landscaping, glass of every kind, and the utility, mechanical, electrical and other systems . D. Lessee shall ma;:e frequent periodic inspections and as the necessity arises, regardless of the causes therefore, shall perform all necessary preventive maintenance, including, but not limited to, painting; make all necessary repairs and replacements ; and do all necessary rebuilding with respect to the premises and all parts thereof ( including any total destruction) . All such maintenance, repairs, and replacement shall be of quality equal to the original in materials and workmanship. All exterior paint colors shall be subject to the prior approval of Lessor. 19a27 23 19a28 ARTICLE XVI - GENERAL PROVISIONS A. Notice to Lessor provided for in this agreement shall be sufficient if sent by registered mail, postage pre- paid, addressed: City Clerk City of Palm Springs Palm Springs, California 92262 and notices to the Lessee if sent by registered mail, postage prepaid, addressed: President, Schneck Aviation, Inc. Palm Springs Airport Palm Springs, California 92262 or other such respective addresses as the parties may designate to each other from time to time in writing. B. The Lessee represents that it has carefully reviewed the terms and conditions of this agreement, and is familiar with such terms and conditions and agrees faith- fully to comply with the same to the extent to which said terms and conditions apply to its activities as authorized and required by this instrument. C. The term Lessor a; used in this agreement means the City of Palm Springs and where agreement speaks of approval and consent by the Lessor, such approval is understood to be manifested by an official act of the City of Palm Springs, unless otherwise expressly stated in this agreement. D. Whenever under this instrument a time is stated within which or by which original construction, repairs or reconstruction of said improvements shall be completed, and if during such period a general or sympathetic strike or lockout, war or rebellion or some other event occurs beyond Lessee ' s power to control, the period of delay so caused shall be added to the period allowed herein for the comple- tion of such work. 24 • • ARTICLE XVII - NON-DISCRIMINATION & FAA REQUIRED CLAUSES A. The Lessee, in the operations to be conducted pur- suant to the provisions of this Agreement and otherwise in the use of the Airport, shall not discriminate against any person or class of persons by reason of race, color, creed or national origin as in any manner prohibited by Part 15 of the Federal Aviation Regulations or any amendments thereto. B . The Lessee shall furnish its accommodations and/or services on a fair, equal and not unjustly discriminatory basis to all users thereof. It shall charge fair, reason- able and not unjustly discriminatory prices for each unit or service; provided, however, that the Lessee may be allowed to make reasonable and non-discriminatory discounts , rebates or other similar type of price reductions to volume purchaser, and in accordance with the other provisions of- this license with regard to discounts and rebates . C. Non--compliance with these provisions shall consti- tute a material breach of this Agreement. In the event of such non-compliance, the City shall have the right to ter- minate without liability; or at the election of the City or the United States, both shall have the right to judicially enforce the above provisions . D. The Lessee agrees to insert the anti-discrimination provisions hereinabove enumerated in any agreement by which said Lessee grants a right or privilege to any person, firm or corporation to render accommodations and/or services to the public on the subject premises . E. The City also reserves the right, but shall not be obligated to the Lessee, to maintain and keep in repair the landing area of the Airport as well as publicly-owned faci- lities of the airport together with the right to direct and control the activities of the Lessee in this regard. 19 a 29 25 19 a 30 F. The Lessee hereby agrees to comply with the notifi- cation and review requirements covered in Part 77 of the Federal Aviation Regulations in the event any future struc- ture or building is planned or in the event of any planned modification or alteration of any present or future building or structure situated on the leased premises . G. The City hereby reserves a right of flight for the passage of aircraft in the airspace above the surface of the subject premises together with the right to create in said airspace such noise as is or shall become inherent in the operation of aircraft operating on the Airport. H. The Lessee, by accepting this lease expressly agrees for itself, its successors and assigns that it shall 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 mean sea level elevation of five hundred ( 500) feet . In such an event, the City reserves -the right to enter upon the land leased hereunder and require Lessee to remove the offending structure or object at the expense of Lessee. I . The Lessee, by accepting this Agreement, expressly agrees for itself, its successors and assigns that it shall not use the leased premises in any manner which might inter- fere with the landing and taking off of aircraft from or on the Palm Springs Municipal Airport or otherwise create a hazard. In such an event, the City reserves the right to enter upon subject premises and cause the abatement of the interference or hazard at the expense of the Lessee. J. This agreement, and all the provisions hereof, shall be subject to whatever right the United States Government now has or in the future may have or acquire, affecting the control, operation, regulation or comman- 26 deering of the Airport or the exclusive or non-exclusive use of the Airport by the United States during the time of war or national emergency. ARTICLE XVIII - INVALID PROVISIONS In the event any covenant, condition, or provision herein contained is held to be invalid by any court of com- petent jurisdiction, the invalidity of any such covenant, condition or provision, herein contained is hereby declared to be severable and the remainder of this agreement shall remain in full force and effect provided that the validity of any such covenant, condition or provision does not materially prejudice, either the Lessor or Lessee, in its respective rights and abrogations contained in the valid covenants, conditions or provisions of this lease. IN WITNESS WHEREOF, the parties have caused this agreement to be executed by their duly authorized officers and their respective seals to be hereto affixed the day and year first above written. LESSOR ATTEST: CITY OF PALM SPRINGS, CALIFORNIA D pu y City Clerk City Manager REVIEWED AND APPROVED LESSEE oiv n L <u'ranz John' /Ilen J �, - -- Th mar A. Killoren BY RES, 19 a 31 27 19a32 EXHIBIT A LEASE AGREEMENT BY AND BETWEEN THE CITY OF PALM SPRINGS, CALIFORNIA, AND JOHN L. KURANZ, JOHN A. HALLEN AND THOMAS A. KILLOREN Legal description of property located in the City of Palm Springs, County of Riverside, State of California: That portion of Lots 2 and 3 in Section 13, Township 4 South, Range 4 East, San Bernardino Base and Meridian, as shown on Map of Palm Valley Colony Lands, according to map thereof recorded in Book 14 , Page 652 of Maps , Records of San Diego County, California , being in the City of Palm Springs, County of Riverside, State of California , described' as follows : Commencing at. the Northwest corner of said Lot 2 in Section 13, said point being a point on the Northerly line of said Section; thence South, along the Westerly line of said Lot 2, a distance of 40. 00 feet to a point on a line that is parallel with and 40.00 feet Southerly of the Northerly line of said Section 13; thence South 89°48'00" West, along said parallel line, a distance of 148.80 feet; thence South 0°10' 10" West, a distance of 572.82 feet; thence South 89°45' 00" East, a distance of 25.00 feet to a point on a line that is parallel with and 25.00 feet Easterly of the centerline of North Civic Drive, said point being the True Point of Beginning, said point also being a point on the Westerly extension of the Northerly line of Taxiway No. 8 of the Palm Springs Municipal Airport; thence North 0°10' 10" East along said parallel line, a distance of 200.00 feet; thence South 89°49' 50" East, a distance of 225.00 feet; thence South 0°10' 10" West, a distance of 367.00 feet; thence North '89°49'50" West, a distance of 225.00 feet to said parallel line; thence North 0°10' 10" East, along said parallel line, a distance of 167.00 feet to the True Point of Beginning, containing 1 .90 acres , more or less. N.W. COR."OT2100.0 0! 0 ( EAST ) 6 36' 148.80, IOU r4,4' _ (EAST) 00 SO CAL. of i oz — EDISON J 100' WEST /I a — P S. UNIFIED SCHOOL DISTRICT ) 0, m fill - N 47 {� BIRD CORP. oto CO; m v O of _ p _ W II iF — O . o m o �IS89°40E i `° ` 185.30' I cO m O SLY. LINE SCHOOL LEASE z U) n Qm � I I 76.50 -Q, , E'AGT, 591.18' u IFR U WEST, 636 �' I -(D � WEST, 25.70 �I W BIRD CORP I �447\� 1437°OOW,2831 NLY LINE BIRD LEASE r rV i CC) M IA 22 O to F ow 2 p w BIRD CORPORATION O cTi rb , O ro N m N o O L� /93 I87.17 , m 459 75'AL, 666.42' N 69°45' W TifX�lyi4� 8 S 89045' W I 89044 45 W W s0 i =0 O N t N \ o ID - b 1 Z 2 50 ��eo S v v 20 ✓ L O T 2 i I I VA LEY COLON Y v ' V _ N_ 89° 52' 00" E � c 279.39 277.11' rl 280.58' 0 m I3 3 o m GRAND RENT A CAR "000NSOLIDATED LEASING I � HERTZ CORP. 25 CORP. (lo CORP. Flo 0 r " ? qo .Z z_ ,N 2GO13 .�;, 27711' -� 260.65' 19a33 EXHIBIT "A" Page 2 of 2 RESOLUTION NO. 13927 OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A LEASE AGREEMENT FOR 1 .90 ACRES OF LAND AT THE PALM SPRINGS MUNICIPAL AIR- PORT WITH THE CALIFORNIA PARTNERSHIP OF JOHN KURANZ, JOHN HALLEN AND THOMAS KILLOREN. WHEREAS the Airport Commission and Staff have recommended that a lease be granted for 1 .90 acres of land at the Palm Springs Munici- pal Airport to the California partnership of Kuranz, Hallen and Killoren for the purpose of constructing a hangar building and associated offices and shops to permit engaging in an aircraft engine, engine accessory, and propeller installation, overhaul and remanufacturing enterprise; and WHEREAS the Airport Commission and Staff have recommended that such activity is in the public interest in that such activity will pro- vide a needed and essential service to aircraft, NOW THEREFORE BE IT RESOLVED by the City Council of the City of Palm Springs that the lease for 1 .90 acres of Airport land to the California partnership of John Kuranz, John Hallen and Thomas Killoren be and it is hereby approved. ADOPTED this 5th day of August 1981 . — AYES: Councilmembers Field, Ortner, Rose and Mayor Doyle NOES: None ABSENT: Councilmember Beirich ATTEST: CITY OF PALMSPRINGS, CALIFORNIA BY Deputy City CI r City Man er REVIEWED & APPROVED 19 c 00 MINUTE ORDER NO. 3204 APPROVING WAIVER OF PERFORMANCE BOND REQUIRE- MENTS OF LEASE AGREEMENT NO. 1728 BETWEEN THE CITY OF PALM SPRINGS AND JOHN L. KURANZ, JOHN A. HALLEN, AND THOMAS A. KILLOREN. I HEREBY CERTIFY that this Minute Order approving waiver of performance bond requirements of Lease Agreement No. 1728 between the City of Palm Springs and John L. Kuranz, John A. Hallen, and Thomas A. Killoren, a California corporation subleasing to Schneck Aviation, Inc. , was adopted by the City Council of the City of Palm Springs , California, in a meeting thereof held on the 2nd day of March , 1983. JUDITH SUMICH City Clerk SUBLEASE AGREEMENT THIS AGREEMENT, made and entered into this day of August, 1981, by and between JOHN L. KURANZ, JOHN A. HALLEN, and THOMAS A. KILLOREN, a California partnership, hereinafter sometimes called "Lessor" , and SCHNECK AVIATION, INC. , a California corporation, hereinafter sometimes called "Lessee" . RECITALS A. The Lessor has leased the property described in detail in EXHIBIT "A" , attached hereto and made a part hereof, located in the City of Palm Springs, County of Riverside, State of California; from the City of Palm Springs, California, a Municipal corporation, hereinafter sometimes called "City" through a Lease Agreement made and entered into the day of August, 1981, a copy of which is attached hereto andnmade a part hereof as Exhibit " B" ; and B . Lessor will make certain improvements on the land leased and/or demised hereunder, which improvements con- template that the Lessor shall construct upon the leased premises a hangar and other related improvements and facili- ties adequate and necessary to operate a general aviation service business, including, but not limited to, piston engine and engine accessories , assembly, overhaul, installa- tion, and related services , and to thereafter operate the same. C. Lessee wishes to enter into a lease of said improved property to operate the general aviation business . NOW, THEREFORE, in consideration of the rents, covenants, and agreements contained herein and other valuable considerations, the Lessee hereby rents, leases , and demises to Lessee and Lessee hires, leases and takes 1 from Lessor on the terms and conditions hereinafter set forth, a tract of land in the City of Palm Springs, County of Riverside, State of California, consisting of 1. 9 acres , more or less , more particularly described in description attached hereto as EXHIBIT "A" and made a part hereof for all purposes . ARTICLE I - TERM The term of this agreement shall be for fifteen ( 15) years beginning on August' 1, 1981, and ending on July 31, 1996. ARTICLE II - IMPROVEMENTS/DESCRIPTION OF CONCESSION Lessor hereby grants Lessee the right, privilege, and license to operate a hangar and related facilities and improvements for a general aviation service business , including, but not limited to, repair of piston engine and engine accessories (such as starters, generators, propellers ) and related engine services and sales, together with the right to provide any other services incidental to such operations, it being specifically understood and agreed that no right is granted to Lessee to engage in aviation retail fuel and oil sales . ARTICLE III - CONSTRUCTION OF IMPROVEMENTS BY LESSEE A. General Specifications : Lessor shall without cost to Lessee and within the time periods subscribed herein com- mence and complete construction of a general aviation ser- vice business . The complex shall be of an attractive modern type design compatible with the surrounding Palm Springs Airport facilities . Lessor shall provide adequate automobile 2 • • parking spaces as required by the standards of the City. Submission of Plans and Specification: Lessor has sub- mitted to the Palm Springs Airport Commission a site use plan depicting the proposed hangar and related office faci- lity. In addition, Lessor' s architect has provided the Airport Commission architectural renderings sufficient to allow the Airport Commission to determine the character of the improvements to be constructed on the demised premises . The Airport Commission has approved the proposed general aviation service business as described in said plans . Within 180 days after the execution of this Agreement, Lessee shall submit to City for approval final plans and specifications for the structures and improvements Lessor proposes to construct on the demised premises, including support facilities, parking facilities, landscaping plans, together with preliminary estimates of the construction costs of said facility, as well as the schedule for its construction hereinafter provided. Lessor' s plans and specifications for the building shall be subject to approval by the City. Such approval shall not be unreasonably withheld. B . Encumbrance : This lease, or any right to or interest in, or any of the improvements on the leased premises , may not be encumbered with the written approval of Lessor. ARTICLE IV - OBLIGATIONS OF LESSEE A. Lessee agrees that it will operate and maintain the general aviation service business and facilities and impro- vements connected therewith in a first class manner com- parable to other first class general aviation service businesses . At all times during the letting hereunder, the 3 Lessee shall maintain full, adequate and experienced manage- ment, all of whom, as well as Lessee ' s other employees, shall be reputable and of good character. B . Lessee, his employees, agents or servants shall at all times comply with the laws and regulations of the United State of America, the State of California and all applicable ordinances, codes, and regulations of the City of Palm Springs, and regulations governing the operation of the Palm Springs Municipal Airport. as they now exist or as they may hereafter be lawfully amended. Violations thereof by Lessee, his agents, servants or employees, or revocation of permits or licenses required in the performance of this agreement, shall be cause for termination of this lease agreement at the option of the Lessor if not corrected after ninety (90) days written notice as hereafter provided. C. Lessee shall procure and maintain at his own expense all licenses or permits necessary to legally conduct the general aviation service business and associated businesses in City. D. Lessee covenants and agrees that it will pay, when due, all taxes which may be levied against Lessee ' s property or operations under this lease, including all property, sales, use, business activities or other tax. Lessee speci- fically acknowledges that the leasehold interest granted herein may be subject to possessory interest taxes . E . Lessee shall provide a complete and proper area for the adequate sanitary handling and disposal, away from the airport of all trash, garbage and other refuse caused as a result of the operation of its business . Lessee shall pro- vide and use suitable covered metal receptacles for all gar- bage, trash and other refuse. It is agreed that the piling of boxes, cartons, barrels, or other similar items in an 4 unsightly or unsafe manner on or about the premises is pro- hibited. F. Lessee shall bear all costs of operating the general aviation service business and shall pay in addition to ren- tal all other costs connected with the use of the premises , facilities, rights and privileges granted herein. Lessee agrees, at its own expense, to cause the premises and improvements, including automobile parking facilities and landscaping to be maintained in a first class, presentable condition consistent with good business practices and to assure that the building and grounds present an attractive appearance. G. Lessee will not suffer or permit to be maintained upon the outside of any improvements located on the premises any billboards or advertising signs except those which have the specific prior approval of City. It is agreed, however, that Lessee may maintain on the premises , or on the outside of the general aviation service business erected on the pre- mises, his name or a trade name in neatly painted, electri- cal or other illuminated sign or signs which conform to the Palm Springs Sign Ordinance. The size and type of any sign or signs must have the prior written approval of City which approval shall not be unreasonably withheld. H. Lessee will use his best efforts to restrict the use of his automobile parking facilities on the premises to the automobiles of Lessee' s guests, visitors, employees and suppliers . ARTICLE V - RENTAL A. Lessee agrees to pay to Lessor as rental for the land, as shown and described on attached Exhibit "A" and containing approximately 1.9 acres, for the first five (5) 5 years of this lease, FIFTY-THREE THOUSAND TWO HUNDRED DOLLARS payable monthly in advance in equal installments in the amount of EIGHT HUNDRED SIXTY-SIX DOLLARS 9 SIXTY-SEVEN CENTS per month.* For the remainder of this lease, in equal monthly installments in advance, an amount of money to be determined by revising the first five years ' rents set forth in this paragraph as the base rent, as follows : The rental shall be revised, effective the beginning of the SIXTH (6th) , ELEVENTH ( 11th) , SIXTEENTH ( 16th) , AND EVERY FIVE YEARS, thereafter, based on the change in the cost of living index, For the purpose of this computation, it is agreed that the Consumer Price Index for the month of May, 1981 ( 267 . 3) is the base or 100% . The cost of living index to be used is that reflected by the Consumer Price Index, all items, Los Angeles-Long Beach-Anaheim, ( 1967 equal 100) , published by the Bureau of Labor Statistics of the U. S. Department of Labor. If, for any reason what- soever, there is any change in the method of calculation or formulation of said price index, or if that index shall be no longer published, then another index generally recognized as authoritative, shall be substituted by agreement. In any event, the base used by the new index shall be reconciled to the 1967 index. The rentals set out hereinabove shall be payable on the first day of each and every month throughout the term of this agreement. B. During the construction period contemplated herein, the rental set forth hereinabove shall be reduced by mutual agreement of Lessor and Lessee from time to time (i) to reflect the reduced rental amount payable to City by Lessor 6 * To be revised upon occupancy. and (ii) the availability of the improvements for occupancy and use in Lessee' s business . ARTICLE VI - INSURANCE A. Liability Insurance : During the entire term of this agreement, Lessee agrees to procure and maintain public liability insurance at its sole expense to protect against loss from liability imposed by law for damages on account of bodily injury, including death therefrom, suffered or alleged to be suffered by any person or persons whomsoever, resulting directly or indirectly from any act or activities of the Lessor or Lessee, or any person acting for City, or Lessee or under its control or direction, and also to pro- tect against loss from liability imposed by law for damages to any property of any person caused directly or indirectly by or from acts or activities of City, of Lessor, of Lessee, or any person acting for City, Lessor or Lessee, or under its control or direction. Such public liability and pro- perty damage insurance shall also provide for and protect City and Lessor against incurring any legal cost in defending claims for alleged loss . Such public liability and property damage insurance shall be maintained in full force and effect throughout the term of the Agreement and any extension thereof in the following minimum limits : Bodily Injury $250,000 each person $500,000 each occurrence $500,000 aggregate products & completed operations Property Damage $100,000 each occurrence $250, 000 aggregate A combined single limit policy with aggregate limits in the amount of one Million Dollars ( $1, 000, 000) 7 will be considered equivalent to the required minimum limits . All of such insurance shall be primary insurance and shall name City and Lessor as an additional insured. If the operation under this Agreement results in an increased or decreased risk in the opinion of the City Manager, then Lessee agrees that the minimum limits hereina- bove designated shall be changed accordingly upon request by the City Manager; provided, however, that the Lessee may appeal to the City Council within ten (10) days after any increase is requested and such requirement for increased coverage shall be subject to determination by the City Council. Lessee agrees that provisions of this paragraph as to maintenance of insurance shall not be construed as limiting in any way the extent to which the Lessee may be held responsible for the payment of damages to persons or property resulting from Lessee' s activities , or the activi- ties of any person or persons for which Lessee is otherwise responsible. B. Worker' s Compensation Insurance : The Lessee shall procure and maintain, at its sole expense, Worker' s Compensation Insurance in such amounts as will fully comply with the laws of the State of Caifornia and which shall indemnify, insure and provide legal defense for Lessee, the City, and Lessor against any loss , claim, or damage arising from any injuries or occupational diseases happening to any worker employed by the Lessee in the course of carrying out the within agreement. C. Fire & Extended Coverage Insurance: Lessee also agrees to procure and maintain, at its sole expense, during the term of this Agreement, and any extension thereof, a policy of fire, extended coverage and vandalism insurance on 8 all permanent property of Lessee and Lessor of an insurable nature located upon the ]Leased premises . Said policy shall be in an amount sufficient to cover at least eighty percent ( 80%) of the replacement costs of said property. Lessee agrees to pay the premium for such insurance and shall require that any insurance proceeds resulting from a loss under said policy are payable jointly to City and Lessee and said proceeds shall constitute a trust fund to be reinvested in rebuilding or repairing the damaged property or said pro- ceeds may be disposed of as specified in paragraph D. following, entitled "Waste, Damage or Destruction" , hereof; provided, however, that within the period during which there is in existence a mortgage upon the leasehold, then and for that period all policies of fire insurance, extended coverage and vandalism shall be made payable jointly to the mortgagee or beneficiary, the named insured, City, and Lessor and shall be disposed of jointly by the parties for the following purposes : 1 . As a trust fund to be retained by said mortga- gee or beneficiary and applied in reduction of the debt secured by such mortgage with the excess remaining after full payment of said debt to be paid over to Lessee, City and Lessor to pay for reconstruction, repair, or replacement of the damaged or destroyed improvements in progress payments as the work is performed. The balance of said pro- ceeds shall be paid to Lessee. Provided further, however, nothing herein shall prevent Lessee, at its option and with the approval of said mortgagee or beneficiary, from filing a faithful performance bond in favor of said mortgagee or beneficiary and City in an amount equivalent to said insurance proceeds in lieu of surrendering said insurance proceeds to said mortgagee or 9 beneficiary and City. 2 . In the event that this lease is terminated by mutual agreement and said improvements are not reconstructed, repaired, or replaced, the insurance proceeds shall be jointly retained by City and said mortgagee or beneficiary to the extent necessary to first discharge the debt secured by said mortgage or deed of trust and then to restore the premises in a neat and clean condition. Said mortgagee or beneficiary shall hold the balance of said pro- ceeds for City, Lessor and Lessee as their interests may appear. Lessee agrees to increase the limits of liability when in the opinion of the City Manager, the value of the improvements covered is increased, subject to the availabi- lity of such insurance at the increased limits; provided, however, that the Lessee may appeal to the City Council within ten (10) days after any increase is requested and such requirement for increased coverage shall be subject to determination by the City Council. D . Waste, Damage, or Destruction: Lessee agrees to give notice to the City of any fire or other damage that may occur on the leased premises within ten (10) days of such fire or damage. Lessee agrees not to commit or suffer to be committed any waste or injury or any public or private nuisance, to keep the premises clean and clear of refuse and obstructions , and to dispose of all garbage, trash and rub- bish in a manner satisfactory to the City. If the leased premises shall be damaged by any cause which puts the premi- ses into a condition which is not decent, safe, healthy, and sanitary, Lessee agrees to make or cause to be made full repair of said damage and to restore the premises to the conditions which existed prior to said damage, or Leessee 10 0 0 agrees to clear and remove from the leased premises all debris resulting from said damage and rebuild the premises in accordance with plans and specifications previously sub- mitted to the City and approved in writing in order to replace in kind and scope the operation which existed prior to such damage. Lessee agrees that preliminary steps toward per- forming repairs, restoration, or replacement of the premises shall be commenced by Lessee within thirty ( 30) days and the required repairs, restoration or replacement shall be completed within a reasonable time thereafter. Lessor may determine an equitable deduction in the minimum annual rent requirement for such period that said premises are untenable by reason of such damage. E. Automotive Insurance : The Lessee shall procure and maintain, at its sole expense, throughout the term of this agreement and any extension thereof public liability and property damage insurance coverage for automotive equipment, if any, with coverage limits of not less than One Million Dollars ( $1, 000, 000) combined single limit. All such insurance shall be primary insurance and shall name City and Lessor additional insureds . Lessee' s certification that it has no automobile equipment shall satisfy this clause. F. Evidence of Insurance : A certificate of insurance, or an appropriate insurance binder, evidencing the above insurance coverage with a company acceptable to the City' s Risk Management Officer shall be submitted to the City prior to execution of this Agreement on behalf of the City. G. Notice to City, Insurance Coverage Change : The terms of the insurance policy or policies issued to provide the above insurance coverage shall provide that said insurance may not be amended or cancelled by the carrier, 11 for non-payment of premiums or otherwise, without sixty ( 60) days prior written notice of amendment or cancellation to City. In the event the said insurance is cancelled, the Lessee shall, prior to the cancellation date, submit to the City Clerk new evidence of insurance in the amount hereto- fore established. ARTICLE VII - BONDS Upon written request by Lessor at any time, the Lessee shall provide City, and maintain through the life of this agreement, a performance bond in the amount of $20,000, payment of such performance bond shall be due and payable to reimburse City for any loss sustained in the event of default or failure of the Lessee to perform as herein set forth. Alternatively, the Lessee may at his option post a Certificate of Deposit, payable to City in the amount of $20, 000 in a bank or savings and loan association approved by City. In the event Lessee elects to exercise this option, any interest accruing to the Certificate of Deposit shall remain the property of Lessee. ARTICLE VIII - TERMINATION BY LESSEE In addition to all other remedies available to the Lessee, this agreement shall be subject to cancellation by the Lessee should any one or more of the following events occur: A. The issuance by any court of competent juris- diction of a permanent injunction in any way preventing the use of the leased premises for the purpose herein- before enumerated. B. The breach by the Lessor of any of the terms, covenants or conditions of this agreement to be kept, 12 performed and observed by the Lessor, and the failure of the Lessor to remedy', or to commence action to remedy such breach for a period of thirty ( 30) days after writ- ten notice from the Lessee of the existence of such breach. C. The assumption by the United States Government, or any authorized agency of same, of the operation, control or use of the airport and its facili- ties in such a manner as to substantially restrict the Lessee from conducting its operation if such restric- tions be continued for a period of six (6) months or more . ARTICLE IX - TERMINATION BY LESSOR A. In addition to all other remedies available to the Lessor, this agreement shall be subject to cancellation by Lessor should any one or more of the following exist: 1 . If Lessee shall file voluntary petition of bankruptcy, or if proceedings in bankruptcy shall be instituted against it and it is thereafter adjudicated a bankrupt pursuant to such proceedings; or if a court shall take jurisdiction of Lessee and its assets pur- suant to proceedings brought under the provisions of any Federal reorganization act; or if a receiver for Lessee ' s assets is appointed by a Court of competent jurisdiction; or if 'Lessee shall be divested of its rights, powers and privileges under this contract by other operation of law. 2 . If Lessee ;shall abandon and discontinue the conduct and operation of said general aviation service business facility for a period of six (6) months or more . 13 3 . If Lessee shall default in or fail to make any payments at the times and in the amounts as required of it under this contract. 4. If Lessee shall fail to perform, keep and observe all of the covenants and conditions contained in this contract to be performed, kept and observed by it. 5 . I£ Lessee shall fail to abide by all appli- cable laws, ordinances and rules and regulation of the United States, State of California or the City of Palm Springs . B. Upon the happening of any of the contingencies recited in subparagraph A. in Article IX above, Lessor shall give written notice to Lessee to correct or cure such default, failure to perform, or breach and if, within ninety ( 90) days from date of such notice, the default, failure to perform, or breach complained of shall not have been corrected in a manner sati.sfatory to the Lessor, then and in such event Lessor shall have the right, at once and without further notice to Lessee, to declare this contract ter- minated and to enter upon and take full possession of the leased premises and, provided further, that upon the hap- pening of any one of the contingencies enumerated in subsec- tion "A" hereof, this contract shall be deemed to be breached by Lessee and thereupon without entry or other action by Lessor the contract shall terminate subject to being reinstated only if such involuntary bankruptcy or insolvency proceedings petitions for reorganization, trusteeship, receivership, or other legal act divesting Lessee of its rights under this contract shall be denied, set aside, vacated or terminated in Lessee' s favor within forty-five (45) days from the happening of the contingency. Upon the happening of said latter events , this contract 14 shall be reinstated as if there had been no breach occa- sioned by the happening of said contingencies, provided that Lessee shall within ten (10) days after the final denial, vacating or setting aside of such petition of the vacating, terminating or setting aside of such appointment, pay or discharge any and all sums of money which may have been due under this contract in the interim and shall then remain unpaid and shall likewise fully perform and discharge all other obligations which may have accrued and become payable in the interim. C. Lessor shall give written notice of such ter- mination to said Lessee if defaults have not been cured within said ninety ( 90) days and the lease shall terminate within ten (10) days from the date of said notice. The acceptance of rentals and fees by Lessor for any period after a default of any of the terms, covenants, and con- ditions herein contained to be performed, kept and observed by Lessee shall not be deemed a waiver of any rights on the part of the Lessor to cancel this lease for failure by Lessee to so perform, keep or observe any of the terms of this agreement to be kept, performed and observed by the Lessee shall by construed to be or act as a waiver by the Lessor of any subsequent default on the part of the Lessee. ARTICLE X - ASSIGNMENT The privileges contained herein are personal. The Lessee agrees that it will not assign the same or any por- tion thereof without the express consent of the Lessor and City in writing. Any purported assignment or violation hereof shall be void. Lessor and City will not be unne- cessarily arbitrary in granting said permission, but the City shall be the sole judge as to the reliability, capabi- 15 lity, character and desirability of the parties involved until construction of all improvements is completed. Thereafter, City agrees that it will not unreasonably with- hold consent. ARTICLE XI - NON EXCLUSIVENESS Nothing contained in this agreement shall be construed, grant or authorize the granting of any exclusive right within the meaning of Section 308 of Federal Aviation Act of 1958, as amended. ARTICLE XII - RIGHT OF INSPECTION The Airport Manager and/or his duly authorized representatives shall have at any and all times, the full and unrestricted right to enter the premises for the purpose of inspecting such premises and of doing any and all things with reference thereto which the City is obligated or authorized to do as set forth herein or which may be deemed necessary for the proper general conduct and operation of the Palm Springs Municipal Airport, or in the exercise of City' s police power. ARTICLE XIII - HOLDING OVER In the event Lessee shall hold over and remain in possession of the premises herein leased after expiration of this agreement without any written renewal thereof, such holding over shall not be deemed to operate as a renewal or extension of this agreement, but shall only create a tenancy from month-to-month which may be terminated at any time by Lessor. ARTICLE XIV - RULES AND REGULATIONS 16 The City shall have the right to and shall adopt and enforce reasonable rules and regulations with respect to the use of the Airport and facilities thereon which Lessee agrees to observe and obey. ARTICLE XV - MAINTENANCE - ALTERATIONS AND REPAIRS A. Lessee shall at all times keep the premises and all fixtures, equipment and personal property in a clean and orderly condition and appearance. B. Lessee shall repair, replace, rebuild and paint all or any part of the premises which may be damaged or destroyed by the acts or omissions of Lessee, sublessees or by those of its officers, employees , guests , invitees or of other persons on or at the premises with consent of Lessee. C. Lessee shall take such care of the premises and all parts thereof that at all. times during the term of this agreement and at the expiration or termination hereof, the premises shall be in as good condition as at the time of completed construction or installation, except for reaso- nable wear which does not adversely affect the structural integrity or condition of the structures or adversely affect the appearance and efficient and proper utilization of any part of the premises . The premises and all parts thereof shall include, but not be! limited to, such of the following as are or may be .located or installed in or on the premises during the term of this agreement: Fencing the exterior and interior of the building walls , the exterior and interior and operating mechanism of and attachments to windows and skylights , screens, roofs, foundations , steel work, columns; the exterior and interior and operating mechanism of and attachments to doors, partitions , floors, ceilings; inside and outside paving and unpaved areas, landscaping, glass of 17 every kind, and the utility, mechanical, electrical and other systems . D. Lessee shall make frequent periodic inspections and as the necessity arises, regardless of the causes therefore, shall perform all necessary preventive maintenance, including, but not limited to, painting; make all necessary repairs and replacements; and do all necessary rebuilding with respect to the premises and all parts thereof (including any total destruction) . All such maintenance, repairs, and replacement shall be of quality equal to the original in materials and workmanship. All exterior paint colors shall be subject to the prior approval of Lessor and City. ARTICLE XVI - GENERAL PROVISIONS A. Notice to City provided for in this agreement shall be sufficient if sent by registered mail, postage pre- paid, addressed: City Clerk City of Palm Springs Palm Springs, California 92262 and notices to each of Lessor and the Lessee if sent by registered mail, postage prepaid, addressed: % President, Schneck Aviation, Inc. Palm Springs Airport Palm Springs , California 92262 or other such respective addresses as the parties may designate to each other from time to time in writing. B . The Lessee represents that it has carefully reviewed the terms and conditions of this agreement, and is familiar with such terms and conditions and agrees faith- fully to comply with the same to the extent to which said terms and conditions apply to its activities as authorized and required by this instrument. 18 C. The term City as used in this agreement means the City of Palm Springs and where agreement speaks of approval and consent by the City, such approval is understook to be manifested by an official act of the City of Palm Springs, unless otherwise expressly stated in this agreement. D. Whenever under this instrument a time is stated within which or by which original construction, repairs or reconstruction of said improvements shall be completed, and if during such period a general or sympathetic strike or lockout, war or rebellion or some other event occurs beyond Lessee ' s power to control, the period of delay so caused shall be added to the period allowed herein for the comple- tion of such work. ARTICLE XVII - NON-DISCRIMINATION & FAA REQUIRED CLAUSES A. The Lessee, in the operations to be conducted pur- suant to the provisions of this Agreement and otherwise in the use of the Airport, shall not discriminate against any person or class of persons by reason of race, color, creed or national origin as in any manner prohibited by Part 15 of the Federal Aviation Regulations or any amendments thereto. B . The Lessee shall furnish its accommodations and/or services on a fair, equal and not unjustly discriminatory basis to all users thereof. It shall charge fair, reason- able and not unjustly discriminatory prices for each unit or service; provided, however, that the Lessee may be allowed to make reasonable and non-discriminatory discounts, rebates or other similar type of price reductions to volume purchaser, and in accordance with the other provisions of this license with regard to discounts and rebates . C. Non-compliance with these provisions shall consti- tute a material breach of this Agreement. In the event of 19 such non-compliance, the City shall have the right to ter- minate without liability; or at the election of the City or the United States, both shall have the right to judicially enforce the above provisions . D. The Lessee agrees to insert the anti-discrimination provisions hereinabove enumerated in any agreement by which said Lessee grants a right or privilege to any person, firm or corporation to render accommodations and/or services to the public on the subject premises . E. The City also reserves the right, but shall not be obligated to the Lessee, to maintain and keep in repair the landing area of the Airport as well as publicly-owned faci- lities of the airport together with the right to direct and control the activities of the Lessee in this regard. F . The Lessee hereby agrees to comply with the notifi- cation and review requirements covered in Part 77 of the Federal Aviation Regulations in the event any future struc- ture or building is planned or in the event of any planned modification or alteration of any present or future building or structure situated on the leased premises . G. The City hereby reserves a right of flight for the passage of aircraft in the airspace above the surface of the subject premises together with the right to create in said airspace such noise as is or shall become inherent in the operation of aircraft operating on the Airport. H. The Lessee, by accepting this lease expressly agrees for itself, its successors and assigns that it shall 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 mean sea level elevation of five hundred ( 500) feet. In such an event, the City reserves the right to enter upon the land leased hereunder and require Lessee 20 to remove the offending structure or object at the expense of Lessee. I . The Lessee, by accepting this Agreement, expressly agrees for itself, its successors and assigns that it shall not use the leased premises in any manner which might inter- fere with the landing and taking off of aircraft from or on the Palm Springs Municipal_ Airport or otherwise create a hazard. In such an event, the City reserves the right to enter upon subject premises and cause the abatement of the interference or hazard at the expense of the Lessee . J. This agreement, and all the provisions hereof, shall be subject to whatever right the United States Government now has or in the future may have or acquire, affecting the control, operation, regulation or comman- deering of the Airport or the exclusive or non-exclusive use of the Airport by the United States during the time of war or national emergency. ARTICLE XVIII - INVALID PROVISIONS In the event any covenant, condition, or provision herein contained is held to be invalid by any court of com- petent jurisdiction, the invalidity of any such covenant, condition or provision, herein contained is hereby declared to be severable and the remainder of this agreement shall remain in full force and effect provided that the validity of any such covenant, condition or provision does not materially prejudice, either the Lessor or Lessee, in its respective rights and abrogations contained in the valid covenants , conditions or provisions of this lease. ARTICLE XIX - MISCELLANEOUS A. Master Lease: In addition to all the terms con- 21 • i tained herein in this Sublease, it is understood and agreed that at all times that this Agreement shall be subject and subordinated to the terms of the Lease Agreement between the City of Palm Springs and Lessor, attached hereto as Exhibit "B" , and any subsequent Amendments to it. B. Mechanic ' s Lien: Lessee shall neither permit or suffer any mechanic ' s liens or other liens to be filed against the subleased premises . If such liens should be filed and not discharged or bonded against within ten (10) days of filing of the said lien, Lessor may deem said filing as grounds for immediate termination of this Sublease. C. Certificates, Permits, and Licenses : Lessee and its employee pilots shall possess and maintain in good standing of all permits and licenses required by the City of Palm Springs, County of Riverside and State of California, as well as all certificates required by the Federal Aviation Administration for the uses to be performed by Lessee at the Subleased premises and elsewhere on the Palm Springs Municipal Airport. IN WITNESS WHEREOF, the parties have caused this agreement to be executed the day and year first above writ- ten. LESSOR � r /q�eT6HN L- j URANZ / t� JOHN A. HALLEN` THOMAS A. KILL REN LESSEE: SCHNECK AV PMTON, INC. , A Calif a ;corporation Pres,u/dent 22 EXHIBIT A SUBLEASE AGREEMENT BY AND BETWEEN JOHN L. KURANZ , JOHN A. HALLEN AND THOMAS A. KILLOREN AND SCHNECK AVIATION, INC. , A CALIFORNIA CORPORATION Legal description of property located in the City of Palm Springs, County of Riverside, State of California: That portion of Lots 2 and 3 in Section 13, Township 4 South, Range 4 East, San Bernardino Base and Meridian , as shown on Map of Palm Valley Colony Lands, according to map thereof recorded in Book 14 , Page 652 of Maps , Records of San Diego County , California , being in the City of Palm Springs, County of Riverside, State of California , described as follows : Commencing at the Northwest corner of said Lot 2 in Section 13, said point being a point on the Northerly line of said Section ; thence South, along the Westerly line of said Lot 2, a distance of 40.00 feet to a point on a line that is parallel with and 40.00 feet Southerly of the Northerly line of said Section 13; thence South 89°48'00" West, along said parallel line,, a d % nce of 148.80 feet; thence South 0°10' 10" West, a distance of �2. feet; thence South 89°45' 00" East, a distance of 25.00 feet to a point on a line that is parallel with and 25.00 feet Easterly of the centerline of North Civic Drive, said point being the True Point of Beginning, said point-also being a point on the Westerly extension of the Northerly line of Taxiway No. 8 of the Palm Springs Municipal Airport; thence North 0°10' 10" East along said parallel line, a distance of 200. 00 feet; thence South 89°49'50" East, a distance of 225.00 feet; thence South 0°10' 10" West, a distance of 367.00 feet; thence North 89°'49`50" West, a distance of 225.00 feet to said parallel line; thence North 0°10' 10" East, along said parallel line, a distance of 167.00 feet to the True Poirot of Beginning, containing 1 .90 acres, more or less. I t i II 1 N 89 ° 48 E N.W.+COR.LOT 2 0.00, l? • � ( EAST ) 636' 148.80' 100 44 x (EAST) _ o0 o SO.CAL cc)- EDISON -I , 100' " WEST f N P S. UNIFIED SCHOOL DISTRICT 0 - Io., N OD {� BIRD CORP. 0 (0to 'x v to ro, ro D- ^ o O W N ' Z w • = o F O 0 O S89040 E "� o m o 185.30 I 0 m 0 SLY. LINE SCHOOL LEASE Q _N I Z U) U) Qclia 76.50 LL E'AGT, 591.18' - c U -Im WEST, 636' WEST, 25.70' w BIRD CORP. J � O'144T _ N37°OOW,28.31 NLY LINE BIRD LEASE m 22 N N�m M 'q o Q Q , Z o o LO o BIRD CORPORATION O m m O - M N co N o / + IO co 2 187.17 459.75'�, 666.42' N 89°45' W S 89°45' W 8904445W -.. 7/XiWi97' 1�119 8 w I- - - - - -w / oN vP_ N o J — z i i 2R 50 LOT 2 i VA LEY COLONY V - _ N 89° 52' 00' E 279.39 277.11• 280.56 m GRAND RENT A CAR J� CONSOLIDATED LEASING ro HERTZ CORF 125' CORP. Flo CORP. Ro0 1 O I �? 26013 27711' 260.65' EXHIBIT "A" Page 2 of 2