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KITTITAS GOUNTY AIRPORT
<br />s rjh i
<br />THls LEASE made and daied this 1d day of Aprlt, 2008, is by and between thecoUNTY oF KlTTlTAsl !3Ylirytgn. the Lessor heriinafter rereneoio arit'";Counb', .naAIRPORT $AFE STORAGE LLc lhe Lossee, hereinafter referred to as the ,,LoBBro.,. "'
<br />,.^*.-J119-oJly-huPwllh agrees to let unto Lessee and Leasee frerewith a*"r1o r*.r"trorn the county the followlng described real properly, situated in Klttitas Corrity, Wasnington,lo+rtit:
<br />KITNTAS COUTITY AIRPORT
<br />DEFARTMENT OF PUBUC WORKS LEASE
<br />AIRPORT BINDING SITE PI"AN - LOT C.34 & LOT C.35
<br />(Slto Plan Nrached)
<br />{nril t, 2008. Septemper 31, 2008
<br />September 31, 2008 r March 31, 20Og
<br />April 1,2009 - March 91, 2010
<br />April 1, 2010 - March 91, ZO11
<br />April 1,2011 . March 91,ZOl2
<br />Aprill, 2012- March 31,2013
<br />2.50 Acres - 108,900,00 Square Feet
<br />2.51 Acres - 109,335,60 Square Feet
<br />$6,874.42
<br />$ 6,874.42
<br />$ 13,748.84
<br />$ 13,748.84
<br />$ 13,748.84
<br />$ 13,748.84
<br />Lo! C-34
<br />Lot C-35
<br />2)
<br />1)
<br />3)
<br />Thls lease is made ln accordance with fre provisions of RCW 36,34.
<br />TER[l-The term of this lease shall be for thlrty-flve (35) years and will commenco
<br />on the lat day of April 2008, and ehalltermlnatl on the tast day of Maroh, eO+S.
<br />$E$'.Rent shall be paldin {auarye qnoe every eix months at $,063 per squero foot forthe.first year, then for eacfr yAq afler that al $.0-63 per square foot ptris teaienord-1j|;-
<br />and fire protection shall be ad follorns:
<br />TO BE I{EGOTIATED
<br />ne.rTA\F0,IFlP.llfsTmFNr; _ Beginning wlth the yearApril 1,2019, the rentatrate
<br />shalt be re-ad1us!9d l[g.ll$^bt.rhe Foard of iounty'commlssi6niis. ,ri# n""years as requlred in RCW 36.94,180.
<br />(a) Beginnlng ne-,nn!.vefi.the Lessor shall have the right to readjuet the rent on orpqfgre-lnril 1s of !h.e lifth, tenth, fifteen, twentieth, tr,ienty-fiflh,'thirtieth, "nO
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<br />!!irt1-fifth..ve3rs of this tease for each foilowing Rve year ircrioi; proviaio,
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<br />howeverthal any increase shall NoT D(GEED THE cUllUmflve efFECf opTHE CPI INDEX OVFR THE PREVtoUs FIVE YEARS. rire agreed between. -,
<br />LEssoR and LESSEE that the following CPI lndex wilt ba usedorruture'renLt
<br />lncreases.
<br />AIRPORT SAFE STORAGE LLC PAGE 1
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