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"*riliij{"it"li/,{{f i'i'l4ti *i}iJ1",'i Y <br />ffi KITTITAS COUNTY AIRPORT <br />DEPARTMENT OF PUBLIC WORKS LEASE <br />THIS LEASE made and dated this <br />between the COUNTY OF KITTITAS, Wa <br />"Gounty", and VALLEY FENCE lNC., the <br />The County herewith agrees to let unto Lessee and Lessee herewith agrees to lease <br />from the County the following described real property, situated in Kittitas County, Washington, <br />to-wit: <br />LOT C-7 OF THE KITTITAS COUNTY AIRPORT BINDING SITE PLAN <br />1 .86 ACRES - 81 ,021.6 SQ. FT. <br />This lease is made in accordance with the provisions of Chapter 36.34RCW' This lease <br />is subject to the provisions of Chapter 59.12 RCW as currently existing or hereafter amended. <br />1)TERM: <br />The term of this lease shall be for fifty (50) years and will commence on the 1st day of <br />August, 2017, and shall terminate on the last day of July, 2067 ' <br />RENT: <br />Rent shall be paid in advance for each year at a rate determined by the Lessor, plus <br />leasehold tax, and fire protection. Lessee may pay half the rent every six months on <br />June 1 and December 1, and shall be as follows: <br />08101 12017 - 07 131 12022 T erm Annual Rental Rate <br />($.OSr per Sq. Ft) <br />Not Including Leasehold Tax* <br />08t01117 - 07131118 $s 104.36 <br />o8to1l18 - 07131119 104.36 <br />o8to1l19 - 07131120 104.36 <br />o8to1l20 - 07131121 $5,104.36 <br />08t01121 - 07131122 $5,104.36 <br />o8lo1l22 Ren otiate <br />*The current Leasehold Excrse Tax Rate is 12.84%, as determined by the State of Washington and is subject <br />to change. <br />lgt o"u or r4uqilst ,2017, is bv and <br />shington, the Les5or hereinafter referred to as the <br />Lessee, hereinafter referred to as the "Lessee"' <br />2) <br />i n:,1]-i j,i-{::ii - llr!lirll}"i ii1.r,.l ..,^,,lii-4,,J rll 1-:r I " i