2025-01-06-minutes-ec-study-session

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4. RENTAL FEES: The Association shall pay to the County as rent for the annual period of occupancy, the total sum of $52,324.00 for the first year of the lease, to be paid, on or before October 1, 2025. The annual payment for each subsequent year will be determined by the County and noticed to the Association in the following manner: at the beginning of each new calendar year, the County Auditor's office will add an amount equal to 1 % or the average Consumer Price Index (CPI) for the period January — June of the previous year as published by the Bureau of Labor Statistics, whichever is greater, to the previous year's payment, and notify the Association in writing of the new rate no later than January 3 1 " of that year. The total sum as determined by the County and noticed to the Association is to be paid on or before October 1st of each year. The County waives the expectation of any and all parking and/or camping -RV revenue from properties leased to the Association during the Association's period of occupancy. The County waives all expectations of revenue from the rental of stalls or barns from the properties leased to the Association during the Association's period of occupancy. 5. FAIR ADMITTANCE: All tickets issued by the Association for any event conducted during the period of occupancy shall contain a "County Fair stub" that guarantees the patrons of that event admission to the Kittitas County Fair, and any event hosted by the Association where no ticket is required for entry shall be made available to Fair patrons as well. The rental fee set forth above includes admission of the Association's patrons to the Fair. The Association shall present to the Kittitas County Fair a certified accounting of the gross number of Rodeo and other event tickets issued by the Association with a Fair stub by October 1st of each year. 6. RECIPROCAL USE OF FACILITIES: The Association owns real property and structures located on the Association -owned real property (see Exhibit A) within the areas encompassed by the 2016 Kittitas Valley Event Center Master Plan. The Association grants Kittitas County the use of those properties and structures at no charge to be used by the County as part of the Kittitas Valley Event Center facilities. This use by the County is allowed throughout the term of this lease except for during the period of occupancy by the Association. 7. RIGHT OF FIRST REFUSAL: The Association and County mutually grants to one another the right of first refusal to purchase any of the properties owned by either party that lie within the 2016 Kittitas Valley Event Center Master Plan. However, the County will not sell, transfer, assign, convey, sublet or otherwise dispose of any or the Property or any interest therein during the term of the Financing Lease regarding the "Ellensburg Rodeo Seating" project mentioned in Section 20. 8. PERIOD OF OCCUPANCY: The Association shall be entitled to exclusive use and possession of the above described premises for a twenty-four (24) day period each year during the term of this Agreement. The period of joint occupancy shall begin the Monday two weeks prior to the advertised first day of the Rodeo at 7:00 AM and shall end the second Wednesday following Labor Day at 9:00 PM. In addition to the occupancy period set forth above, the Association shall have the right to use the Gold Buckle building, the large room in the Southwest corner of the Western Village, and the Ellensburg Rodeo Arena, three times each, per year, Ellensburg Rodeo Association Contract January 1, 2025 through December 31, 2034