SALINAS MUNICIPAL AIRPORT
LEASE
(R & B HELICOPTERS, INC.)
AMENDMENT NO. 1
This Amendment (“Amendment”) to the Salinas Municipal Airport Lease is entered into this ___ day of July 1, 2024, by and between the City of Salinas, a California charter city and municipal corporation hereinafter referred to as the “Lessor,” and R & B Helicopters, Inc., a California corporation hereinafter referred to as “Lessee.”
RECITALS
WHEREAS, the Lessor and Lessor first entered into a Salinas Municipal Airport Lease which commenced on July 1, 1990 (the “Lease”) which Lease was approved by the Salinas City Council on June 30, 2009 (Resolution No. 19694 (N.C.S.); and WHEREAS, pursuant to Section 2 of the Lease, Lessee exercised its option to extend the term of the Lease for a five-year period. As a result, the Lease will expire on June 30, 2024; and WHEREAS, Lessor and Lessee desire to further extend the term of the Lease as set forth in this Amendment.
IN WITNESS, WHEREOF, the Lessor and Lessee agree to amend the Lease as follows:
The term of the Lease is hereby extended for an additional one-year period commencing on July 1, 2024 (“Commencement Date”) and ending on June 30, 2025 (“Expiration Date”). Lessor hereby grants to Lessee an opportunity to further extend the term of the Lease after the Expiration Date on a month-to-month basis (“Extended Term”) at a rental rate to be determined by Lessor. Lessor additionally reserves the right to review and change and modify the terms and conditions of the Lease before any extension of the Expiration Date of this Amendment becomes effective. Said option shall be exercised by the Lessee by delivering to Lessee written notice of its intent to exercise such option which shall be delivered not less than ninety (90) days before the Expiration Date of this Amendment.
Notwithstanding Lessor’s right to terminate this Amendment as provided in the Lease, during the Extended Term Lessor may terminate the amended Lease by providing written notice to the Lessee at least sixty (60) days prior to the termination date.
All other terms and conditions of the Lease not amended in this Amendment shall remain in full force and effect and are incorporated herein by this reference.
CITY OF SALINAS
_________________________________ _______________________________ Kimbley Craig, Mayor Date
APPROVED AS TO FORM:
_________________________________ _______________________________ Christopher A. Callihan, City Attorney Date
ATTEST:
_________________________________ _______________________________ Patricia M. Barajas, City Clerk Date
R & B HELICOPTERS, INC.
_________________________________ _______________________________ Date
By:
_________________________________
(Printed Name)