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AIRCRAFT TIE -DOWN AGREEMENT <br />1. Parties, This permit is Issued this lst day of December 2022 ("bate of Issuance"), by <br />the. City of Redlands (hereinafter "City") to Citrus International, LLC (hereinafter referred to as <br />'Tenant."). <br />'2. `fie -Down Area Identified. The City permits Tenant use of the aircraft'tie-dawn space <br />at Redlands Municipal Airport as follows: <br />Aircraft Tie -Down 'Area: WEST RAMP Parking: <br />3. identification of :Aircraf: Tenant hereby <br />shall` be tied down within the tie -down space: <br />FAA Registration No:.; <br />Aircraft $/lake: <br />Registered Qwnert' <br />Address: <br />Phone No: <br />Email.: <br />N3935$ <br />Cessna 1172E <br />,Kirk Phtla': <br />1444yantage Place <br />760-468-1527 <br />kirkphii55@gmail.com, <br />agrees that only the following,aircraft <br />• <br />4, • Term. The terrii of this peril* s.hall carr'.mence.ori'the Date' of Issuance* City and shall <br />continue thereafter for a period of One:year, unless'e.a.rl,ier terminated. by:City* s "• i : ` <br />5: - • Fees, Tenant shell pay .an: annual••fee,"''fn advance; 'In.'the 'amou,nt'of five'huridred <br />seventeen dollars•($517,00) with the understanding that; :Should this permit'b.e •revolked'and <br />.terminated prior to one'; year; the fees will be. pro -rated oh a"monthly basis atthe.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 caimivlerices. <br />6. • Late Charges for Monthly/Annual. Permit: Tenant acknowledges that:late payment will <br />cause City' tti incur certain' administrative +costs; Such 'costs "include; • without iiriiltatio•n; <br />processing, accounting, and interest 'charges. Therefore, If any fee payment due: frorn'Ten.ant <br />for a monthly'end/or annual. periiiit is not reci?ived by the tenth day of each r'nontha Tenant shell <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, PQ Box 3005; Redlands, CA'92373: <br />7. Security Deposit. Prior to the commencement of `the term of any monthly .or annual <br />Page 1.1 <br />