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LOT H-35: <br />09/01/17 — 07/31122 <br />Term <br />Rental Rate <br />($.12 per Sq. Ft.) <br />Not Including <br />Leasehold Tax' <br />09/01/17 — 08/31/18 <br />784.08 <br />09/01/18 — 08/31/19 <br />784.08 <br />09/01/19 — 08/31/20 <br />784.08 <br />09/01/20 — b8/31/21 <br />784.08 <br />09/01/21 — 08/31/22 <br />784.08 <br />09/01/22 <br />Reneotiate <br />'The current Leasehold Excise Tax Rate is 12.84%, as determined by the State of Washington and is subject to change. <br />3. ADJUSTMENT OF RENTAL: The rental for every five year period thereafter, or <br />part thereof, at the commencement of such period, shall be readjusted and fixed by <br />the Board of County Commissioners; <br />(a) After the fifth year, the Lessor shall have the right to readjust the rent <br />on or before September 1 st of the fifth, tenth, fifteenth, twentieth, <br />twenty-fifth, thirtieth, thirty-fifth, fortieth, forty-fifth, and fiftieth years of <br />this lease for each following five year period; and the increase shall BE <br />THE CUMULATIVE EFFECT OF THE CPI INDEX OVER THE <br />PREVIOUS FIVE YEARS. The rent increase is at the sole discretion of <br />the Lessor, and Lessor may elect to maintain the rent at the previous <br />rate. It is agreed between LESSOR and LESSEE that the following CPI <br />Index will be used for future rental increases: <br />"CPI — All Cities -All Items Size Class D Under 50,000." <br />4. LEASEHOLD TAX: In addition to any rental herein provided, the Lessee shall pay <br />to the Lessor the leasehold tax as set forth by the State of Washington in Chapter <br />61, Laws of 1976, Second Executive Session (R.C.W. 82.29A) or as amended. <br />The tax shall be due and payable at the same time the rental charged herein is due <br />and payable. <br />5. FIRE PROTECTION ASSESSMENT In addition to any rental herein provided, <br />the Lessee shall pay a fee which shall be in lieu of taxes for fire protection <br />services. The annual rate shall be based upon the annual fire assessment <br />determined by the Kittitas County Assessor and Kittitas Valley Fire & Rescue to <br />be calculated on January 1st of the current year. The assessment shall be pro- <br />rated monthly, due and payable concurrently with the monthly lease payment. <br />6. UTILITIES: The Lessee shall pay for extension of and all utility services supplied to <br />the premises. Any such extensions shall be subject to the advance review of the <br />Lessor. <br />P,' Gc 2 <br />