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Termination of Lease
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2018-09-18 10:00 AM - Commissioners' Agenda
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Termination of Lease
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Last modified
9/25/2018 12:43:45 PM
Creation date
9/25/2018 12:43:30 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
Fully Executed Version
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),_ CJ day of <br />S ~ ~ 1 1sM~rJ:s , 2009, between JACK DUGAN AND HIS SEPARATE ESTATE (Assignor), <br />TERESA ANN SLOAN AND JAMES M. FOODE (Assignee), and KITTITAS COUNTY, a <br />political subdivision of the State of Washington (Coun.ty). <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 Exmbit A and is hereinafter referred to as the "Lease". <br />On ?. c, S.t;P l~Nf\~{) 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 , 2060, to consider a <br />request that the County give written consent to assi ent 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 c.onsid~rat.ion of the information presented at the public hearing, the Kittitas <br />County Board of CemmissioI).ers 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 cons-ider~1ion of the mutual promises and covenants set forth herein, Assignor assigns <br />transfers1 and conveys to Assignee all right, title, and interest Jn t he Lease, and Assignee accepts <br />:from Assignor all righti title. and interest subject to the tem1s and conditions set forth in this <br />Assignment <br />II. ASSUMPTION OF OBLIGATIONS <br />Assignee hereby accepts this assignment an~ for the benefit of Assignor and County, <br />expressly assumes and agrees to perform and fulfill all the terms, covenants, conditions, and <br />obligation s 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.
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