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CarreraHangars_LeaseAmendment_Bowers Field
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01. January
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2025-01-21 10:00 AM - Commissioners' Agenda
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CarreraHangars_LeaseAmendment_Bowers Field
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Last modified
1/16/2025 1:12:07 PM
Creation date
1/16/2025 1:03:06 PM
Metadata
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Template:
Meeting
Date
1/21/2025
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Item
Request to Approve and Sign an Amendment to a Lease with Carrera Hangars Bowers Field, LP for Lot H-20A within the Aeronautical Area of Bowers Field
Order
18
Placement
Consent Agenda
Row ID
126584
Type
Resolution
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In the event that Landlord shall take possession of the leased premises, Landlord shall have the right, but <br />not the obligation, to remove from the leased premises all personal property located therein or thereon and <br />may store the same in any place selected by Landlord, including but not limited to a public warehouse, at <br />the expense and risk of Tenant, with the right to sell such stored property, following written notice to the <br />Lender, after it has been stored for a period of at least thirty (30) days. The proceeds of any such sale, the <br />payment of any charges for storage, to Lender for any items specifically securing Tenant's debt to Lender, <br />to the payment of any sums due Landlord from Tenant under any of the terms of the Ground Lease, to the <br />payment of any other sums of money which may then be due Lender from Tenant, and last, to the Tenant. <br />[Signature Pages Follow] <br />SUBORDINATION OF REVERSIONARY INTEREST (ELLENSBURG) <br />PAGE 7 <br />12187-5487/LEGAL 124047121.2 <br />
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