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, I <br />/ I' . <br />KITTITAS C._JNTY AIRPORT <br />DEPARTMENT OF PUBLIC WORKS <br />ADDENDUM TO LEASE <br />THIS ADDENDUM TO LEASE is made and dated this ~ay of Oct-abef) , <br />2007, by and between Kittitas County, a municipal corporation in the State of Washington. <br />hereinafter referred to as the LESSOR, and RON MITCHELL AND SONJA MITCHELL, husband <br />and wife, and hereinafter referred to as the LESSEE. <br />WIT N E SSE T H: <br />WHEREAS, LESSOR and LESSEE signed a Consent to Assignment of Lease on <br />September 1,1998, a copy of which is attached hereto and by this reference incorporated herein; <br />and <br />WHEREAS, according to the original lease Paragraph 3 "Adjustment of Rental", it states· <br />After the fifth year, the Lessor shall have the right to increase rental rates as outlined above. After <br />the tenth year, the Lessor shall have the right to increase rental rates, provided that the annual rate <br />shall not increase to more than 5% of the previous years annual rental rate, effective at the <br />beginning of the tenth, fifteenth and twentieth years of this lease. <br />NOW, 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 11/0112007 thru 10/31/2012 Tenn. <br />11/01/07 thru 10131/12 ~ental Rate, 1,.063 ear Leasehold Tax Total ~ar Year <br />Term SJl.FO <br />11/01/07 ~ 10/31/08 ,$ 466.00 '$ 59.84 525.85 <br />11/01/08 -10/31109 $ 466.00 $ 59 .84 525.85 <br />11/01/09 ~ 10/31/10 $ 466 .00 $ 59.84 525.85 <br />11/01/10 ~ 10/31/11 $ 466.00 $ 59.84 $ 525 .85 <br />11/01/11 -10/31/12 $466.00 $ 59.84 $ 525.85 <br />11/01/12 Reneaotiate Reneao1iate ReneQotiate