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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
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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) "Paragraph #3 - Rent" - Rental Rates for 04/01/2023 thru 03/31/2028 Term - will read <br />as follows for: <br />LOT C-34 Rate — 2.5 Acres (108,900 square feet) <br />Term <br />Previous Rate Per Year <br />($.066 per Sq. Ft.) <br />Current Rental Rate <br />($.073 per Sq. Ft.) <br />04/01/2023 — 03/31/2024 <br />$7,166.27 <br />$7,949.70 <br />04/01/2024 — 03/31/2025 <br />$7,949.70 <br />04/01/2025 — 03/31/2026 <br />$7,949.70 <br />04/01/2026 — 03/31/2027 <br />$7,949.70 <br />04/01/2027 — 03/31/2028 <br />$7,949.70 <br />04/01/2028 <br />Renegotiate <br />• The current Leasehold Excise Tax is 12.84%, as determined by the State of Washington and is subject to <br />change. <br />LOT C-35 Rate - 2.51 ACRES (109,335.60 square feet) <br />Term <br />Previous Rate Per Year <br />($.066 per Sq. Ft.) <br />Current Rental Rate <br />($.073 per Sq. Ft.) <br />04/01/2023 — 03/31/2024 <br />$7,106.81 <br />$7,981.50 <br />04/01/2024 — 03/31/2025 <br />$7,981.50 <br />04/01/2025 — 03/31/2026 <br />$7,981.50 <br />04/01/2026 — 03/31/2027 <br />$7,981.50 <br />04/01/2027 — 03/31/2028 <br />$7,981.50 <br />04/O1/2028 <br />Renegotiate <br />• The current Leasehold Excise Tax is 12.84%, as determined by the State of Washington and is subject to <br />change. <br />Lease Addendum (3) — Airport Safe Storage, LLC <br />
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