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"" <br />KITIITAS COUNTY AIRPORT <br />DEPARTMENT OF PUBLIC WORKS <br />AMENDMENT TO LEASE <br />THIS AMENDMENT TO LEASE is made and dated this 28 +!lday of <br />Ju ""\~ , 2011, by and between Kittitas County, a municipal corporation in the State <br />of Washington, hereinafter referred to as the LESSOR, and DAVID RATCLIFF, and hereinafter <br />referred to as the LESSEE. <br />WIT N E SSE T H: <br />WHEREAS, LESSOR and LESSEE entered into a Lease on August 13,1996 , a copy of <br />which is attached hereto and by this reference incorporated herein; and <br />WHEREAS, according to Paragraph 3 "Adjustment of Rental", it states" After the fifth <br />year, the Lessor shall have the right to increase rental rates as outlined above . After the tenth <br />year, the Lessor shall have the right to increase rental rates, provided thaHhe annual rate shall <br />not increase to more than 5% of the previous years annual rental rate, effective at the beginning <br />of the tenth, fifteenth and twentieth years of this lease. <br />NOW I THEREFORE, IT IS HEREBY AGREED by and between the parties to a change in <br />rental rates and contract terms as follows: <br />1) "Paragraph #2 -Rent" -Rental Rates for 8/01/2011 thru 7/31/2016 Term. <br />8/01/11thru 7/31/16 Rental Rate { i .066 Leasehold Tax Total Per Year <br />Term Der Sa Ftl <br />8/01/11 -7/31/12 $ 453.32 $ 58.21 .$ 511 .53 <br />8/0 1/12 -7/31/13 ~ 453.32 ~ 58.21 §511.53 <br />8/01/13 -7/31/14 $ 453.32 $ 58 .21 $ 5 11 .53 <br />8/01/14 -7/31/15 $ 453.32 $ 58.21 $ 511 .53 <br />8/01/15 -7/31/16 $ 453.32 $ 58.21 $511 .53 <br />8/01116 Reneaotiate Reneaotiate Reneaotiate <br />, <br />RATCLIFF LEASE PAGE 1