Airport space lease

This contract is for the lease of airport space at the Cottonwood Municipal Airport to AeroZona Aviation LLC, a Fixed Base Operator (FBO). The lease is for a term of 5 years, with options to renew for additional 5-year terms. The FBO will provide various aviation services, including fueling, maintenance, and storage. The contract outlines the terms and conditions of the lease, including rent, insurance requirements, and responsibilities for maintenance and repairs. Key aspects of the contract include: * The FBO will pay a monthly fee of $1,000 for the first 24 months, increasing to $1,500 for the remaining 36 months * The FBO will provide various aviation services, including fueling, maintenance, and storage * The City of Cottonwood will maintain the airport's infrastructure, while the FBO will be responsible for maintenance and repairs of the leased premises * The contract includes provisions for insurance, indemnification, and termination * The FBO will comply with all applicable laws, regulations, and airport rules and standards.