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Bowers Field Lease Addendum
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08. August
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2024-08-20 10:00 AM - Commissioners' Agenda
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Bowers Field Lease Addendum
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Last modified
8/30/2024 3:17:17 PM
Creation date
8/30/2024 3:17:10 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
Fully Executed Version
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 0410112023 thru 0313112028 Term - will read <br />as follows for: <br />LOT C-34 Rate - 2.5 Acres (108"900 square feet) <br />The current Leasehold Excise Tax is 12.84%, as determined by the State of lilashington and is subiect to <br />change. <br />LOT C-35 Rate - 2.51 ACRES (109.335.60 square feet) <br />The current Leasehold Excise Tax is 12.84%, as determined by the State of Washington and is subject to <br />change. <br />a <br />a <br />Term Previous Rate Per Year <br />($.066 per Sq. Ft.) <br />Current Rental Rate <br />($.073 per Sq. Ft.) <br />04 I 0t / 2023 - 03 I 3l I 2024 $70166.27 $7,949.70 <br />04 I 0t I 2024 - 03 / 31 I 2025 s7,949.70 <br />04 I 0r I 2025 - 03 I 3l /2026 $7,949.70 <br />0 4 I 0t I 2026 - 03 I 3l I 2027 $7,949.70 <br />04 t 0t I 2027 - 03 / 3l I 2028 $7,949.70 <br />04/0112028 Renegotiate <br />Term Previous Rate Per Year <br />($.066 per Sq. Ft.) <br />Current Rental Rate <br />($.073 per Sq. Ft.) <br />04 t 0r I 2023 - 03 I 3l / 2024 $7,106.81 $7,981.50 <br />0 4 t 0t I 2024 - 03 I 31/ 2025 $7,981.50 <br />04t01/2025 - 0313112026 $7,981.50 <br />0 4 I 0l / 2026 - 03 / 3l /2027 $7,981.50 <br />04 t 0t / 2027 - 03 / 3l I 2028 $7,981.50 <br />04t0l/2028 Renegotiate <br />Lease Addendum (3) - Airport Safe Storage,LLC
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