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AIRCRAFT TIE -DOWN AGREEMENT <br />1 Parties. This permit is issued this 9th day of June 2021 ("Date of Issuance"), by the City <br />of Redlands (hereinafter "City") to David James (hereinafter referred to as "Tenant.") <br />2 Tie -Down Area Identified. The City permits Tenant use of the aircraft tie -down space <br />at Redlands Municipal Airport as follows <br />Aircraft Tie -Down Area WEST RAMP Space Number 8 <br />3 Identification of Aircraft. Tenant hereby agrees that only the following aircraft <br />shall be tied down within the tie -down space <br />FAA Registration No N34757 <br />Aircraft Make Cessna <br />Registered Owner David C. James <br />Address 226 S La Salle St, Redlands, CA 92374-5598 <br />Phone No 909-389-9428 <br />Email dchrisjames@verizon net <br />4 Term The term of this permit shall commence on the Date of Issuance by City and shall <br />continue thereafter for a period of one year, unless earlier terminated by City <br />5 Fees. Tenant shall pay an annual fee, in advance, in the amount of four hundred eighty <br />four dollars ($484 00) with the understanding that, should this permit be revoked and <br />terminated prior to one year, the fees will be pro -rated on a monthly basis at the rate of one <br />and 45/100 dollars ($1 45) per day, to and including the last day of the partial calendar month, <br />payable on the day the permit commences. <br />6 Late Charges for Monthly/Annual Permit. Tenant acknowledges that late payment will <br />cause City to incur certain administrative costs. Such costs include, without limitation, <br />processing, accounting, and interest charges. Therefore, if any fee payment due from Tenant <br />for a monthly and/or annual permit is not received by the tenth day of each month, Tenant shall <br />pay to City an additional sum equal to twenty- five percent (25%) of the monthly tie -down fee <br />as a late charge Payments shall be made payable to the City of Redlands and may be mailed to <br />City of Redlands Revenue Division, PO Box 3005, Redlands, CA 92373 <br />7 Security Deposit. Prior to the commencement of the term of any monthly or annual <br />permit, Tenant shall furnish City with a check or cash deposit, in the amount of forty-three <br />Page 11 <br />REI Tie Down Agreement 2019 <br />