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KITTITA: )UNTY AIRPORT <br />DEPARI%aNT OF PUBLIC WORKS <br />ADDENDUM TO LEASE <br />THIS ADDENDUM TO LEASE is made and dated this ii - �' day of <br />2013by and between Kittitas County, a municipal corporation in the State of Washington, <br />hereinafter referred to as the LESSOR, and WILLIAM R. PACE, 111, and hereinafter referred to as <br />the LESSEE. <br />WITNESSETH: <br />WHEREAS, LESSOR and LESSEE entered into a Lease on November 2, 1993, a copy of <br />which is attached hereto and by this reference incorporated herein; and <br />WHEREAS, according to Paragraph 3 "Adjustment of Rental", it states " After the fifth <br />year, the Lessor shall have the right to increase rental rates for one or more years effective at the <br />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 change in <br />rental rates and contract terms as follows: <br />1) "Paragraph #2 — Rent" — Rental Rates for 11/01/13 thru 10/31/18 Term. <br />11/01/13-10/31/19 Term Previous Rate Per Year <br />Rental Rate <br />15.09 per Sq Ft) <br />q.12 per So Ft) <br />Plus Leasehold Tax <br />11/01/13-10/31/14 475.52 <br />634.02 <br />11/01/14-10/31/15 <br />634.02 <br />11/01/15-10/31/16 <br />634.02 <br />11/01/16-10/31/17 <br />634.02 <br />11/01/17-10/31/18 <br />634.02 <br />10/31/18 <br />Renegotiate <br />PACE LEASE <br />PAGE 1 <br />