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K11111AS COUNTY <br />AIRPORT <br />WHEREAS, the term and rental rate for the 5.02 acres (218,671.20 sq. ft.) will remain at <br />the rate of $0.12 per square foot with the renegotiation date to be at the end of said two year period. <br />NOW, THEREFORE, IT IS HEREBY AGREED by and between the parties to a change <br />in rental rates and contract temis as follows: <br />1) "Paragraph #2 - Rent" - Rental Rates for 7/01/2017 thru 6/30/2019 Term. <br />Terms and Rental Rates - 8.12 acres (353,707.20 sg. ft.) <br />1) "Paragraph 42 - Rent" - Rental Rates for 7/01/2017 thru 6/30/2019 Term. <br />Lease Periods: <br />7/01/17 thru 6/30/19 <br />Rental Rate ($0.03 <br />ger Sq. F11 <br />Rental Rate Per <br />Acre <br />Total Per Year: <br />07/01/17-06/30/18 <br />$10;611.22 <br />$1,306.80 <br />$10,611.22 <br />7/01/18-06/30/19 <br />$10.611.22 <br />$1,306.80 <br />$10.611.22 <br />07/01/19 <br />To Be Negotiated <br />To Be Negotiated <br />To Be Negotiated <br />Terms and Rental Rates - 5.02 acres (218,671.20 sg. ft.) <br />1) "Paragraph 92 - Rent" - Rental Rates for 7/01/2017 thru 6/30/2019 Term. <br />Lease Periods: <br />Rental Rate ( $0.12 <br />Rental Rate Per Acre <br />Total Per Year: <br />07/01/17 thru <br />06/30/19 <br />per Sq. Ft) <br />07/01/17-06/30/18 <br />$26.240.54 <br />$5,227.20 <br />$26,240.54 <br />07/01/18 - 06/30/19 <br />$26,240.54 <br />$5,227.20 <br />$26,240.54 <br />07/01/19 <br />To Be Negotiated <br />To Be Negotiated <br />To Be Negotiated <br />DNR Leasc Addendum PAGE 2 <br />