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LOT H-37 Rate - .15 Acres (6,340.20 square feet) <br />TERM <br />Previous Rate Per Year ($.122 <br />per Sq. Ft.) <br />Current Rental Rate <br />($.13 per Sq. Ft.) <br />Not including Leasehold Tax* <br />$772.69 <br />02/01/2024 — 01/31/2025 <br />$824.23 <br />02/01/2025 — 01/31/2026 <br />$824.23 <br />02/01/2026 — 01/31/2027 <br />$824.23 <br />02/01/2027 — 01/31/2028 <br />$824.23 <br />02/01/2028 — 01/31/2029 <br />$824.23 <br />02/01/2029 <br />Renegotiate <br />• The current Leasehold Excise Taxis 12.84%, as determined by the State of Washington and is subject to cnange. <br />2) "Paragraph #3 — Rental Rate Adjustment" -- will read as follows: <br />On or before February I" of the fifth year, the yearly Lease rate shall be increased by eight <br />percent (8%) every five years as a set Lease increase and continue with said increase every five years <br />through the Lease term. <br />IN WITNESS WHEREOF, the Lessor and Lessee have signed their names and affixed their seals <br />the day and year first above written. <br />LESSOR: <br />BOARD OF COUNTY COMMISSIONERS <br />KITTITAS COUNTY, WASHINGTON <br />Brett Wachsmith, Chairman <br />Attest: <br />❑ Clerk of the Board- Julie Kjorsvik <br />Laura Osiadacz, Vice -Chairman <br />❑ Deputy Clerk of the Board- Mandy Buchholz <br />Cory Wright, Commissioner <br />LESSEE: <br />Chas zPrr��a�tz_ <br />Lease Addendum (2) — Chris Pratz <br />