The Key West citizen., 1952-11-22

fieialiy related thereto and aeti.
Vities normally associated with
fhe operations Of . governmen.
tally owned public airport and
only for so long and until ths
public need for such airport use
shall be necessary for the coUn-
fY, such necessity or need to be
determined by ihs county and the
Civil Asronauties Administration
Of the United States Government
land IT rs FURTHER PRO-
VIDED, that . breach, lapse or
diseontinUanee Of fhe forsgoins
condition subsequent shall cause
said premises and fhe title TO the
property herein granted and con.
veysd to revert TO the Key West
improvement Inc, It's successors
and assigns: PROVIDED FUR
Their, HOWEVER, that such re-
veFter Of title to fhe company
and the reaeqvisition Of said pro.
perry shall not take full effect
until fhe company. i.s successors
or assigns. shall repay to the
county fhe hereinstafed cash con-
sidersfion Of $l5o. 900 paid by the
county to fhs company for this
grant and conveyance, plus the
then value Of such permanent and
infmc 'sble buildings as shall
have been constructed upon said
premises by the county during IFS
tenure hereunder, but in no event
TO exceed original cost Of con-
sfrvetion Of such building, which
said then value Of such buildings
shall be determined as follows:
"a. BY mutual agreement be-
tween the company and the coun-
ty; or
"b. In the event that then value
of such buildings, limited as afore-
said, shall ,ot, at the time of re-
verter to and reacquisition by the
company, be mutually agreed up
on by the company ano the county,
then in such event the then value
shall be affixed and determined BY
a board OF Arbitration of 3 mem
bers, of which the company and the
county shall each appoint one mem
Der and the two so appointed shall
appoint a third member, and the
said Board Of Arbitration so ap-
pointed shall, after prompt and
due hearing and consideration, fix
the then value Of said property,
but not in excess of cost of con-
struction, and the decision Of said
Board of Arbitration shall be final
and binding upon the respective
parties; PROVIDED ALWAYS that
the said then value Of such build.
ings as fixed by said Board Of
Arbitrators shall In no event ex.
ceed the original cost of construc.
ton thereof, as aforesaid.
PROVIDED ALSO FURTHER
that fhe company shall pay fhe
said $4,000 plus ihs then value
Of ssid buildings, determined IS
aforesaid. on or before six months
after the determination Of ihs
then value Of said huildinn, a.
herein provided.
SO. That the county, In its
operation of said tract for said
public airport uses and especially
with reference to take-off and
landing by aircraft thereon, shall
have due regard for the safety and
security Of adjoining properties and
persons residingor dwelling thereon
-. This herein grant is made
and conditioned upon the further
covenant and agreement by the
county that the herein provided
considerations for reverfer Of
title to and reaeqvisition Of said
tract by the company shall not
be deemed or considered Is being
In anywiss sviden.iary Of she
actual or adequate valuation Of
the said tract hereby granted at
any time during, prior or sub.
seqvsni to this date in any suit
for condemnation or otherwise.
"And the said company does
hereby fully warrant its title tc
the property hereby granted and
viii defend the same against all
lawful claims of all persons claim.
ing by, through or under the com.
pany, excepting governmental sub
division as assignees, or agencies
licensees and lesses of the grantee.
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