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Resolution_Airport_Commercial Lease Amendment
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2024-08-06 10:00 AM - Commissioners' Agenda
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Resolution_Airport_Commercial Lease Amendment
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Last modified
8/1/2024 1:11:09 PM
Creation date
8/1/2024 1:10:10 PM
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Meeting
Date
8/6/2024
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Item
Request to Approve a Resolution Authorizing the Chair's Signature on the First Amendment to a Commercial Building Sublease at Bowers Field
Order
27
Placement
Consent Agenda
Row ID
120774
Type
Resolution
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FIRST AMENDMENT TO COMMERCIAL BUILDING SUBLEASE <br />This First Amendment to Commercial Building Sublease ("Amendment") is made and entered into this <br />day of , 2024, by and between AIRPORT HOLDINGS, LLC, a Washington Limited <br />Liability Company (hereinafter referred to as "Sublandlord") and KITTITAS COUNTY, a political subdivision of the <br />State of Washington (hereinafter referred to as "Subtenant"). <br />A. WHEREAS, Sublandlord and Subtenant entered into that certain Commercial Building Sublease <br />with an effective date of October 18, 2022 (hereinafter "Sublease") for the Sublease of a portion of the Premises <br />located at I I I I Bowers Road, Ellensburg, Washington and more fully described in the Sublease; and <br />B. WHEREAS Sublandlord and Subtenant now desire to enter into this First Addendum to revise <br />certain terms of the Sublease as provided for below. <br />NOW. THEREFORE, for and in consideration of the mutual covenants and provisions contained herein and <br />the mutual covenants and provisions set forth in the Sublease, the receipt and sufficiency which is hereby <br />acknowledged, Sublandlord and Subtenant agree as follows: <br />1. Exhibit A was inadvertently omitted from the Sublease at the time of signing. Attached to this <br />Amendment as Exhibit A is the legal description of the leased premises; <br />2. Exhibit B of the Sublease containing the Site Plan is attached hereto as Exhibit B. <br />3. The square footage of the leased space has changed and the current lease space is outlined on <br />Exhibit C attached hereto and incorporated herein by reference; <br />4. Paragraph 2.2 of the Sublease is hereby amended to read as follows: <br />"2.1 Lease Term. The Lease Term shall commence June 1, 2024 and shall terminate at midnight of <br />the Termination Date (hereinafter referred to as the "Term" or "Lease Term"). A "Lease Year" shall <br />mean a calendar year commencing on the Rent Commencement Date." <br />5. Paragraph 2.2.1 of the Sublease is hereby amended to read as follows: <br />"2.2.1 Lease Commencement Date. The Lease shall commence June 1, 2024 (hereinafter <br />referred to as the "Lease Commencement Date". The terms and conditions of this Lease shall apply on <br />and after the Lease Commencement Date." <br />6. Paragraph 3.2.1 of the Sublease is hereby amended to read as follows: <br />"3.2.1 Shop Rent. The Shop Rent paid by Subtenant shall be $00.80 multiplied by the square <br />footage of the shop, 3,600 square feet, for a total monthly shop rent of $2,880.00. Thereafter, on January <br />1 of a lease year, commencing January 1, 2024, shop rent shall increase by three (3%) percent per year <br />during the initial term." <br />7. Paragraph 3.2.2 of the Sublease is hereby amended to read as follows: <br />"3.2.2 Office Rent. The Office Rent paid by Subtenant shall be $1.54 multiplied by the square <br />footage of the office area, 273 square feet, for a total monthly office rent of $420.00. Thereafter, on <br />Jeff Slothower <br />lathrop, Winbauer, Harrel & Slothower L.L.P. <br />Attorneys at Law <br />Page 1 of 7 415 E. Mountain View Avenue, Suite 302 <br />Ellensburg, WA 98926 <br />Fax (509) 962-8093 <br />Tel (509) 925-6916 <br />
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