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AIRPORT <br />IuTrITAS COUNTY <br />(This credit represents the investment Midstate Aviation paid fer Improvements into <br />the new main hangar construction) -- <br />CREDIT FOR FBO SERVICES given to Lessee as <br />A credit of not less than $20,000.00 per Year shall be 9 <br />long as Lessee provides the current level of services described in Exhibit "a" <br />prorated to reflect <br />attached hereto. The s the shall be reviewed each year. It Lessee 'ails to _ <br />perform <br />actual 811 Of vices ion of the 59 <br />for that yeye credit shall be p <br />he <br />per <br />ADJUST ENT OF RENTAL. <br />Aftthe fifth year, the Lessor shall have the right to of <br />the rent oor <br />f <br />er <br />bet"' November! of the fifth, tenth• fifteenth and twentieth year of this tense for each <br />following five year period; provided, however that any increase shaft NOT EXCEED THE <br />CUMULATIVE EFFECT OF THE CPI INDEX OVER THE PREVIOUS FIVE YEARS. <br />l. <br />If the Lessee does not agree with the rents!, the Lessee me request srbitr- r, <br />If the Lessee elects to arbitrate, the Lessee shall select one arbitrator and Me Cdurty <br />Previous rental <br />shall select one arbitrator and the two se chosen —.11 select a Ih!rd armtra!°'. Irr`I <br />arbitrators shall have the authority to intCreadec ti on cfohet .orb tr to:s.e the p rhe Cost <br />and both parties shall be bound by <br />arbitration shall be borne by the Lessee. <br />! F_ASEHOLD TA : In addition to any rental herein orovided,,l`in Chapter 61. e Lessee L V <br />to the Lessor the leasehold tax as set if by the State as of 4Vt The <br />of 1976, Second Executive Session (R.C.W 6Ed hereinisis sue and amended yable.tzx shall ha due <br />and payable at the same time the rental charged <br />herein <br />FIRE PROTEC ON eeSwhichMshN I be,n cadd'1'on tO o{ texenfor fire 1prorecilc Provided stl <br />eE`-'= <br />ar <br />Lessee shall pay an annual <br />to $1.00 (plus any specie) levies of the land <br />anatimp ovaments Ilasr �•_th=- ',as --d <br />sum equalraised value of land the Kiritas Ccunty <br />approval) per 51.000.00 of app mists sn211 be dstcr mired by <br />premises. The value of the leased pre <br />Assessor. This fee shall be due annually eacn and every Year during ll;e term and shall e <br />due and payable on the 1 st day & march 01 each year c ;_ d Ic <br />UTILITIES'. The Lessee shall Pay fer extension Of and all utility services sup. ! <br />the premises. Any such extensions sha11 be subiect tc Me advance I Ov18.v of the Lesso. <br />lessons. Providing fuel and repair services to aircraft and arty cthe: approved •rviaGcn <br />PURPOSE: The Lessee shall utili'e the Premises for the rental ci cra:,. ilymg <br />related activities. - <br />-�-- iFGE 2 <br />M!PSTATE AVIATION LE45E <br />PaL'e 17 oI <br />