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AddendumtoLeaseJClerf
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2018-08-21 10:00 AM - Commissioners' Agenda
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AddendumtoLeaseJClerf
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Last modified
8/16/2018 1:09:40 PM
Creation date
8/16/2018 1:09:22 PM
Metadata
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Meeting
Date
8/21/2018
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
w
Item
Request to Approve a Lease Addendum with Jack Clerf for Property Located at the Kittitas County Airport, Bowers Field.
Order
23
Placement
Consent Agenda
Row ID
47235
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KITTITAS COUNTY AIRPORT <br />DEPARTMENT OF PUBLIC WORKS <br />ADDENDUM TO LEASE <br />THIS ADDENDUM TO LEASE is made and dated this _ day of <br />2018, by and between KITTITAS COUNTY, a municipal corporation <br />in the State of Washington, hereinafter referred to as the LESSOR, and JACK CLERF, <br />and hereinafter referred to as the LESSEE. <br />WITNESSETH: <br />WHEREAS, LESSOR and LESSEE entered into Lease on August 1, 1993, a copy <br />of which is attached hereto and by this reference incorporated herein; and <br />WHEREAS, according to Paragraph 3 "Adjustment of Rental", it states "After the <br />fifth year, the Lessor shall have the right to increase rental rates for one or more years <br />effective at the beginning of the fifth, tenth, fifteenth and twentieth year of this lease; <br />NOW, THEREFORE, IT IS HEREBY AGREED by and between the parties to a <br />change in rental rates and contract terms as follows: <br />1) "Paragraph #2 — Rent" — Rental Rates for 8/01/2018 thru 7/31/2023 Term. <br />8/01/18 — 7/31/23 <br />Previous Rental Rate <br />($.092 per Sq. Ft) <br />Rental Rate <br />($.093 per Sq. Ft.) <br />Not Including <br />Leasehold Tax` <br />Term <br />445.75 <br />8/01/18 — 7/31/19 <br />451.55 <br />8/01/19 — 7/31/20 <br />451.55 <br />8/01/20 — 7/31/21 <br />451.55 <br />8/01/21 — 7/31/22 <br />451.55 <br />8/01/22 — 7/31/23 <br />$451.55 <br />8/01/23 <br />Rene otiate <br />Reneotiate <br />'The current Leasehold Excise Tax Rate is 12.84%, as determined by the State of Washington and is subject to change. <br />
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