2011-03-01 10:00 AM - Commissioners' Agenda
6/14/2018 8:42:31 AM
6/13/2018 8:27:15 AM
205 West 5th Room 109 - Ellensburg
Meeting document type
Fully Executed Version
Request to Approve & Sign Two (2) Amendments to Leases for Cascade Pallet Company for Airport Industrial Area Property
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KITTITAS COUNTY AIRPORT <br />-Al DEPARTMENT OF PUBLIC WORKS <br />AMENDMENT TO LEASE #2 <br />r - <br />THIS AMENDMENT TO LEASE is made and dated this, day of Uf�t1` ' , <br />2011, by and between Kittitas County, a municipal corporation in the State of Washington, <br />hereinafter referred to as the LESSOR, and CASCADE PALLET COMPANY hereinafter referred <br />to as the LESSEE. <br />WITNESSETH: <br />WHEREAS LESSOR and LESSEE entered into a Lease on October 6, 1998, a copy of <br />which is attached hereto and by this reference incorporated herein; and <br />WHEREAS LESSEE has come to the renegotiation date as of February 28, 2011 and <br />per his lease must renegotiate his rental rate every two years; and <br />WHEREAS the LESSEE is currently leasing Lot C-38 (3.02 acres) of the Kittitas County <br />Airport Binding Site Plan. As of March 1, 2011, the LESSOR is increasing <br />the rental rate by 10% or from $ .043 per square foot to $ .047 per square <br />foot. This rental rate will be in effect as of March 1, 2011 through February <br />28, 2013. The rental rate schedule will run as follows: <br />3/01/2011 - 2/28/2012 $ 6,182.90 Plus Leasehold Tax <br />3/01/2012 - 2/28/2013 $ 6,182.90 Plus Leasehold Tax <br />3/01/2013- '"RENEGOTIATION'" <br />" <br />NOW, THEREFORE, IT IS HEREBY AGREED by and between the parties on the above <br />stated rental rate increase and schedule, and the aforementioned lease amended with the above <br />modifications. <br />CASCADE PALLET CO. PACE 1 <br />
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