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EXHIBIT2 <br />(Lease Addendum) <br />Kil TITAS C1.,..,NTV AIRPORT <br />DEPART"IE!ff OF PUBLIC WORKS <br />ADDENDUM TO LEASE <br />THIS ADDENDUM TO LEASE Is made and dated this L :!._ day ot 'r.,;;~~. 2014, by ana <br />between Kittitas County , a municipal corporation in the State of Washi ngton, hereinafter referred <br />to as the LESSOR , and MIDSTATE AVIATION INC., end hereinafter ref erred to as the LESSEE . <br />WITNESS ETH : <br />WHEREAS, LESSOR and LESSEE entered into a Lease on October 27. 1998, a copy of <br />which is attached hereto end 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 re adjust the rent on or before November 1'' of tr1a fifth, <br />tenth, fifteenth and twentieth )/ear of this le<lse•; <br />WHEREAS, it has been agreed between LESSOR and LESSEE that the following CPI <br />Index will be used for future rental increases. <br />"CPI -All Citios-All ltern!l Sizo Class D Under 50 ,000" <br />NOW, THEREFORE , IT IS HEREBY AGREED by and between the parties to a ch ~nge in <br />rental rates and contract terms as follows : <br />1) "Paragraph #2-Rent" -Rental Rates for 11101/13 thru 10/31/18 Term <br />Land lea:s9 r 1110 -96,398 sg foot <br />f 1/01 /13 -10}31 118 <br />.Ifilm <br />1110 1113-10/31 (14 <br />,11 /0 1/1 4-10/31 (15 <br />Prev i ous Rate <br />P1,rYear <br />$6 120D ,7~ <br />11 (0111 5-1013--"1 /'-'1..;;,6 ___ _ <br />1 1ro1 11 e-1013 1117- <br />11io 1111-1 0 /3 1/'l a <br />'·-· 111D 1/18 ,a_--+--- <br />Rent;,( R~IC <br />($.067 per Sq Ft) <br />Not Including L••~ehold <br />Taf __ <br />·nin curront Laa•el,o/d far:ise Tex Rare is 12 B4%. •• derermined hy th~ SMr, of Wssrnngron oed is s11hj•ct to change <br />Pag(: 28 or 33