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AIRPORT LEASE <br /> REDLANDS MUNICIPAL AIRPORT <br /> REDLANDS, CALIFORNIA <br /> This indenture made and entered into between the City of Redlands, a municipal <br /> corporation, the Lessor, hereinafter referred to as "City", and Redlands Mutual Enterprises, <br /> Incorporated, hereinafter referred to as the "Lessee". <br /> WITNESSETH: <br /> 1 . Property Leased; <br /> That for and in consideration of the rents, covenants, agreements, and conditions <br /> herein sot out to be faithfully paid, kept, and performed by Lessee, City hereby leases <br /> and lets to said Lessee certain portions of the Airport known as Redlands Municipal Airport <br /> shown on the map, which is attached to this airport lease as Exhibit "A" and incorporated <br /> as a part hereof. The portion leased is designated as Parcel #4. A legal description of <br /> Parcel #4 is contained in Exhibit "A-1 " , attached hereto and incorporated as a part hereof. <br /> a, Exclusions from Above Leased 'Area <br /> None <br /> b. Easements. See Exhibit A-1 for Legal Descriptions. <br /> (1 ) Lessee agrees to grant to City, without cost, a 20' wide public easement <br /> extending from Sessums Drive to the taxiway area. Said easement being the most westerly <br /> 20' of Parcel #4. Said public easement is for the use of aircraft vehicular and pedestrian <br /> use and designated as Easement #4 on Exhibit "A" Lessee -f=urther agrees to construct and <br /> maintain all improvements on said Easement #4: <br /> c. Term of Lease <br /> (1 ) TO HAVE AND TO HOLD, Parcel #4 of the demised premises including the use <br /> of all public runways., taxiways, and ramps in common with others, for the term of twenty <br /> years commencing on the 1st day of May, 1979, and ending on the 30th day of April, 1998 <br /> unless sooner terminated as hereinafter provided, and subject to the conditions and covenants <br /> herein. <br /> d. Renewal Option <br /> Lessee shall have three successive options for extending this lease for <br /> periods of ten (10) additional years each, for 19982007, 2008-2017, and 2018-2027 respect- <br /> ively, as regards the leasing of Parcel #4, <br /> 2. Non--Exclusive Rights 0ranted <br /> The use herein granted is for a fixed base operation by the Lessee and includes <br /> the following non-exclusive rights to the Operator. <br /> a. Sales of new and used aircraft, aircraft parts , retail and wholesale, radio <br /> and electronic equipment, navigational and airman supplies and accessories. <br /> -1- <br />