ORLANDO REGIONAL v. IVEY PROPERTIES

No. 92-2593.

622 So.2d 1094 (1993)

ORLANDO REGIONAL CENTER ASSOCIATES, INC., Appellant, v. IVEY PROPERTIES, INC., Appellee.

District Court of Appeal of Florida, Fifth District.

Rehearing Denied September 2, 1993.


Attorney(s) appearing for the Case

Kimberly A. Ashby of Maguire, Voorhis & Wells, P.A., Orlando, for appellant.

J. Lester Kaney of Cobb, Cole & Bell, Daytona Beach, and Robert C. Sink of Robinson, Bradshaw & Hinson, P.A., Charlotte, NC, for appellee.


PETERSON, Judge.

Orlando Regional Center Associates, Inc. (lessee) appeals a declaratory judgment regarding a written lease that set forth provisions for rent due by it to Ivey Properties, Inc. (lessor).

The provisions construed by the trial court were set forth in a November 1, 1978 modification of the lease1:

Article 2(b) Percentage Rental. (i) For calendar year 1979 and for each calendar year thereafter...

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