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KITI'ITAS COUNTY AIRPORT <br />WHEREAS, the term and rental rate tbr the 5.02 acres (218,671.20 sq. fl.) will remain at <br />the rate of $0.12 per square fcrot 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 terms as follows: <br />t) "Paragraph #2 - Rent" - Rental Rates for 7nlnW7 thrt Gl30l20l9 Term. <br />Tglrms and Rental Rates - 8.12 scres (353.707.20 sq. ft.) <br />l) (Paragraph #2 - Rent" - Rental Rates for 7fi112017 thru 6/30/2019 Term. <br />Ter4s and Rcntal Rates - 5.02 acres (218.671.20 sq. ft.) <br />l) "Paragraph #2 - Rent" - Rental Rates for 7l0ll20l7 thtu 6BA2,019 Term <br />Lease Periods: <br />7l0lll7 thru 6/30/19 <br />Rental Rate ($0.03 <br />ner Sq. Ft) <br />Rental Rate Per <br />Acre <br />Total PerYean <br />07t\ut7 - 06/30118 $10,61 1.22 $l,306.80 $10,611.22 <br />7/01/18 -061301t9 $10,6u.22 $1,306.80 $ 10.61 I .22 <br />07/01/19 To Be Negotiated "lb Be Negotiated To Be Negotiated <br />Lcase Pcriods: <br />07l0lll7 thru <br />06130119 <br />Rental Rate ( $0.12 <br />ner Sq. Ft) <br />Rental Rate Per Acre Total Per Year: <br />07 /0t/t7 - 06/30i 18 $26,240.54 $s.227.20 $26,240.54 <br />07 /01n8 - 06130119 $26,240.54 s5,2?7.20 s26,240,54 <br />07l0ul9 'l'o Be Negotiated To Be Negotiated To Be Negotiated <br />DNR Lease Addendum PAGE 2