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AiKITTITAS C^-.4TY AIRPORT <br />DEPARTM OF PUBLIC WORKS <br />ADDENDUM TO LEASE <br />THIS ADDENDUM TO LEASE is made and dated this � day of f I uye lly) L -e -, <br />2008, by and between Kittitas County, a municipal corporation in the State of Washington, <br />hereinafter referred to as the LESSOR, and WILLIAM R. PACE, III, 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 year, <br />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 11/01/08 thru 10/31/13 Term. <br />11/01/08-10/31113 <br />Rental Rate ($.09 <br />Leasehold Tax <br />Total Per Year <br />Term <br />er S Ft <br />11/01/08- 0/31 /09 <br />475.52 <br />61.06 <br />$536.58 <br />11/01/09-10/31/10 <br />475.52 <br />61.06 <br />536.58 <br />11/01!10-10131111 <br />475.52 <br />61.06 <br />536.58 <br />11/01/11-10/31/12 <br />475.52 <br />61.06 <br />536.58 <br />11/01/12- <br />475.52 <br />61.06 <br />536.58 <br />10/31/13 <br />Rene otiate <br />Rene otiate <br />PAPAGE 1 <br />CE LEASE <br />