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BowersField_Lease Addendum_Safe Storage LLC
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2024-08-20 10:00 AM - Commissioners' Agenda
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BowersField_Lease Addendum_Safe Storage LLC
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Last modified
8/15/2024 12:10:57 PM
Creation date
8/15/2024 12:08:24 PM
Metadata
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Meeting
Date
8/20/2024
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 and Sign a Lease Addendum for Airport Safe Storage LLC
Order
7
Placement
Consent Agenda
Row ID
121365
Type
Contract
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1 KITTITA: JUNTY AIRPORT <br />DEPARTMENT OF PUBLIC WORKS <br />AMENDMENT TO LEASE <br />THIS AMENDMENT TO LEASE is made and dated this ,'1)./Lay of 6 ) 6 i I, <br />2018, by and between Kittitas County, a municipal corporation in the State of Washington, <br />hereinafter referred to as the LESSOR, and AIRPORT SAFE STORAGE LLC, and hereinafter <br />referred to as the LESSEE. <br />WITNESSETH: <br />WHEREAS, LESSOR and LESSEE entered into a Lease on April 1, 2008, a copy of which <br />is attached hereto and by this reference incorporated herein; and <br />WHEREAS, according to Paragraph 3 "Adjustment of Rental", it states " the rental rate <br />shall be re -adjusted and fixed by the Board of County Commissioners every five years as required <br />in RCW 36.34.180"; <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 Cities -All Items Size Class D Under 50,000" <br />NOW, THEREFORE, IT IS HEREBY AGREED by and between the parties to a change in <br />rental rates and contract terms as follows: <br />1) "Paragraph #2 -- Rent" - Rental Rates for 4101118 thru 3131/23 Tenn. <br />Lot C-34 rate -108,900 Sq feet <br />Term <br />Previous Rate <br />Per Year ($.065 per <br />Sq. Ft.) <br />Rental Rate <br />($.066 per Sq. Ft.) <br />Not Including Leasehold <br />Tax" <br />04/01 /18 - 03/31 /19 <br />$ 7, 078.50 <br />$ 7,166.27 <br />04/01 /19 -03/31 /20 <br />$ 7,166.27 <br />04/01 /20 -03/31 /21 <br />$ 7,166.27 <br />04/01 /21 -03131 /22 <br />$ 7,166.27 <br />04/01 /22 - 03131 /23 <br />$ 7,166.27 <br />04/01 /23 <br />Renegotiate <br />*The rinrPnt I x p—))-nr,4 Excise Tax Rate is 12.84%, as determined by the State of Washington and is subject <br />
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