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LOT C-7 Rate - 1.86 Acres (81"021.60 square feet) <br />*The current Leasehold Excise Tax is I 2.84% as determined by the State of Washington and is subject to change. <br />2) "Paragraph #3 - Rental Rate Adjustmentrf -- will read as follows: <br />On or before August l't of the fifth year, the yearly Lease rate shall be increased by ten <br />percent (10%) every five years as a set Lease increase and continue with said increase every five <br />years through the Lease term. <br />All other terms and conditions of the lease shall remain the same. <br />IN WITNESS WHEREOF, the Lessor and Lessee have signed their names and affixed <br />their seals the day and year first above written. <br />LESSOR: <br />BOARD OF COTINTY COMMISSIONERS <br />KITTITAS COUNTY , WASHINGTON <br />Brett Chairman tl tqlM <br />Attest: <br />aTClerk of the Board- Julie Kjorsvik <br />TERM Previous Rate Per Year <br />($.063 per Sq. Ft.) <br />Current Rental Rate ($.07 <br />per Sq. Ft.) <br />Not including Leasehold Tax* <br />08 / 0l / 2022 - 07 / 3t / 2023 $5,104.36 <br />08 / 0l /2023 - 07 / 3t / 2024 $5,104.36 <br />08/ 0t/2024 - 07 t3l/2025 $5,671.51 <br />08 / 0t / 2025 - 07 / 3t I 2026 $5,671.51 <br />08 / 0r / 2026 - 07 / 3t I 2027 $5,671.51 <br />08/01,/2027 Renegotiate <br />Lease Addendum (l) - Valley Fence, Inc. <br />ice-Chairman