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Lease Addendum
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2024
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12. December
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2024-12-03 10:00 AM - Commissioners' Agenda
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Lease Addendum
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Last modified
12/11/2024 1:55:56 PM
Creation date
12/11/2024 1:55:47 PM
Metadata
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Template:
Meeting
Date
12/3/2024
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 an Amendment to a Lease with Chris Pratz for Lot H-36 within the Aeronautical Area of Bowers Field
Order
9
Placement
Consent Agenda
Row ID
124784
Type
Resolution
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TBRM Previous Rate Per Year ($.12 <br />per Sq. Ft.) <br />Current Rental Rate <br />($.13 per Sq. Ft.) <br />Not including Leasehold Tax* <br />tt I 0t t2022 - t0 t3t t2023 $634.02 <br />lt I 0t t2024 - l0 I 3t 12025 $686.85 <br />tt I 0r t202s - t0 t3t t2026 $686.85 <br />tt I 0t I 2026 - t0 I 3t 12027 $686.8s <br />rr I 0t I 2027 - t0 I 3t 12028 $686.8s <br />tt I 0t t2028 - l0 I 3t t2029 $686.8s <br />Lu0u2029 Renegotiate <br />LOT H-36 Rate - .12 Acres (5.283.50 square feet) <br />o The current Leasehold Excise Tax is l2.B4o%, as determined by the State of Washington and is subject to change. <br />2) "Parrgraph #3 - Rental Rate Adjustment" - will read as follows: <br />On or before November I't 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 COI]NTY COMMISSIONERS <br />KITTITAS w GTON <br />Chairman <br />oard- Julie Kjorsvik <br />ice-Chairman <br />n Deputy Clerk of the Board- Mandy Buchholz <br />Lease Addendum (l) - Chris Pratz <br />LESSEE:
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