Laserfiche WebLink
1 <br />per annum. DNR herewith agrees that the rentals for <br />4 every five-year period after the initial five-year period of the <br />5 term of this lease may be readjusted by the Board of county <br />6 Commissioners not to exceed the fair rental value of such lease <br />7 premises not including any improvements made by lessee: PROVIDED, <br />8 That in no event shall such rental adjustment be greater than 40% <br />9 of the rental for the previous five-year period. <br />10 In the event the County and DNR cannot agree upon the rentals <br />11 for said five-year period, the parties shall submit to have the <br />12 disputed rentals for the subsequent period adjusted by arbitration. <br />13 The County shall pick one arbitrator, and DNR one, and the two so <br />14 chosen shall select a third. No board of arbitrators shall reduce <br />15 the rentals below the sum fixed or agreed upon for. the last <br />16 preceding period. Each party shall bear the expense of the <br />17 arbitrator selected by it. The costs and expenses of the third .. <br />18 arbitrator shall be shared equally by the lessee and lessor. <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />UTILITIES: There presently exists a water system at the Kittitas <br />County Airport, and DNR shall be entitled to free water from said <br />system. All other utilities shall be paid by DNR. In the event <br />that the existing water system should fail and extensive repairs <br />should become necessary or it should become necessary to install a <br />new water system, DNR agrees at that time to commence paying a <br />reasonable charge for domestic water. <br />27 ASSIGNMENT: DNR sha·11 not assign nor sublet this lease nor any <br />28 <br />29 <br />30 LEASE <br />PAGE TWO <br />JOSEPH PANATTONI <br />KITTITAS COUNTY PROSECUTOR <br />r-.o. BOX 877 <br />ELLEN&DURQ. WASHlNGYOH ·••z.• <br />TELEPHONE (1108) eaB.s:t••