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TerminationofLeaseSloan
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2018-09-18 10:00 AM - Commissioners' Agenda
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TerminationofLeaseSloan
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Last modified
9/13/2018 1:19:39 PM
Creation date
9/13/2018 1:19:17 PM
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Meeting
Date
9/18/2018
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
e
Item
Request to Approve a Termination of an Assignment of Lease with Teresa Ann Sloan and James M. Foode for Airport Property
Order
5
Placement
Consent Agenda
Row ID
47908
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ASSIGNMENT OF LEASE <br />_ This Assignment of Lease (Assignment) is entered into on this �, () day of <br />Lst+�G��.a� , 2009, between JACK DUGAN AND HIS SEPARATE Assi ESTATE <br />( gnor), <br />TERESA ANN SLOAN AND JAMES M. FOODE (Assignee), and KITTITAS COUNTY, a <br />political subdivision of the State of Washington (County). <br />RECITALS <br />Jack Dugan (Dugan) entered into a Lease on the 2nd day of April, 1996 with Kittitas <br />County for the lease of certain real property through April 14, 2021. A copy of said Lease is <br />attached hereto as Exhibit A and is hereinafter referred to as the "Lease". <br />On !I o S r'_ P t*.n 1" 2009, Dugan assigned his interest in the Lease to the County, as <br />authorized by Paragraph 19 of the Lease. <br />After due notice, a public hearing was held on . 5 , 2019, to consider a <br />request that the County give written consent to assignment pursuant to Paragraph 19 of the Lease <br />for JACK DUGAN and his separate estate to assign its interest and obligations in the Lease to <br />TERESA ANN SLOAN AND JAMES M. FOODE. <br />After consideration of the information presented at the public hearing, the Kittitas <br />County Board of Commissioners determined that it was in the best interest of the County to <br />authorize the assignment of the Lease, as extended, to TERESA ANN SLOAN AND JAMES M. <br />FOODE. <br />I. ASSIGNMENT <br />In consideration of the mutual promises and covenants set forth herein, Assignor assigns <br />transfers, and conveys to Assignee all right, title, and interest in the Lease, and Assignee accepts <br />from Assignor all right, title, and interest subject to the terms and conditions set forth in this <br />Assignment. <br />II. ASSUMPTION OF OBLIGATIONS <br />Assignee hereby accepts this assignment and, for the benefit of Assignor and County, <br />expressly assumes and agrees to perform and fulfill all the terms, covenants, conditions, and <br />obligations of Assignor as lessee under the Lease, including the making of all payments due to or <br />payable on behalf of County under the Lease as they become due and payable. <br />
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