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AIRPORT <br />KITi1TAS COUNIY - <br />(This credit represents the investment Midstate Aviation paid for improvements into~ <br />the new main hangar construction) <br />CREDIT FOR FBO SERVICES <br />A credit of not less than $20,000.00 per year shall be given to Lessee as <br />long as Lessee provides the current level a services described Exhibit "6" <br />portion the sery <br />attached hereto. Thee credit <br />ices, the credit shall be prorated to reflect <br />perform all or a dit shall be reviewed each Year. if Lessee falls to <br />the actual services performed for that year. <br />ADJUSTMENT OF RENTAL. <br />After the fifth year, the Lessor shall have the right to readjust the rent or <br />f this tensea ffor each <br />before November 1 of the fifth, tenth, fifteenth and twentieth year o <br />following five year period; provided, however that any increase shall NOT EXCEED THE <br />c UMULATIVE EFFECT OF THE CPI INDEX OVER THE PREVIOUS FIVE YEARS. <br />If the Lessee does not agree with the rental, the Lessee YEARS - <br />May request arbor:ion. <br />If the Lessen elects to arbitrate, the Lessee shall select one arbitrator and ine r Ihe, <br />c,ran, <br />shall select one arbitrator and the two so chosen shall select a third vI sz `' <br />the decision of the arbitrators. the ca <br />arbitrators shall have the authority to increase the rent or continue the previous <br />and both parties shall be bound by <br />arbitration shalt be borne by the Lessee. <br />ed the Lessee snall Pay <br />21 <br />ein PrOv <br />to the Lessor FElh d tax asLD TAX� in dition to any set forth by thetStalerOf Washitlg[a. Chapter ll beLawse <br />herein is due and payable. <br />Of he the Executive Session (R. C.W 6229A) or as amended. The tax shall he cue <br />and payable at the same time the rental charged <br />FIRE PROTECTION ASSEIn addition to any <br />SSMENT: rental herein orovfd=_d. `,'ne <br />axes <br />fine <br />ervlcez <br />Lassee shall pay an annual feespecial <br />ec al levies of then-ireof t D stricrwhich hast received ceived Vol r <br />sum equal to $1.00 (Plus any F <br />approval) per $?.000.00 of appraised value of land and improvements of the leased <br />premises. The value of the leased premises shall be determined by the Wand hall be <br />Assessor, This fee shall be due oa{ annually <br />each, end <br />h year.every year during the term and shall be <br />due and payable on the 1 at day pp <br />UTILITIES'. The Lessee shall pay for extension of and all utility services Supplied �i�d tc <br />the premises. Any such extensions shall be subject to the advance revie.v of the Lessor. <br />�r ises for the rental of airaa,`t, flying <br />to aircraft and any 01 <br />lessons, <br />approved aviation <br />PURPOSE: The Lessee shall utilize the pr - <br />lessons, providing fuel and repair services <br />related activities. <br />MInSTATE AVIATION LEASE <br />Page 17 of 33 <br />