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AIRCRAFT TIE -DOWN AGREEMENT <br />1. Parties. This permit is issued this 1st day of December 2022 ("Date of Issuance"), by <br />the City of Redlands (hereinafter "City") to Citrus International, LLC (hereinafter referred to as <br />"Tenant."). <br />2. Tie -Down Area Identified. T h e 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: <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.: N911TP <br />Aircraft Make: Mooney M20 <br />Registered Owner: Citrus International Aviation, LLC <br />Address: 615 E Palm Ave, Redlands, CA 92374 <br />Phone No.: 661-390-2946 <br />Email: tomcookl993 a�,gmail.com <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 five hundred <br />seventeen dollars ($517.00) 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 />Page I 1 <br />