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KITTITAS COUNTY AIRPORT-BOWERS FIELD Lease Addendum THIS ADDENDUM TO LEASE is made and dated this 2lst day 2025,by and between KITTITAS COUIITY, a municipal corporation in the State of W hereinafter referred to as the LESSOR, and CARRERA HANGARS BOWERS FIELD LP, a Limited Partnership formed in the State of Washington, and hereinafter referred to as the LESSEE. WITNESSETH: WHEREAS LESSOR and LESSEE entered into a Lease on June 1,2010, a copy of which is attached hereto and by this reference incorporated herein; and WHEREAS, according to Paragraph 4 "Rental Rate Adjustment", it states "the rental rate shall be re-adjusted per the CPI index every five years as required in RCW 36.34.180". WIIEREAS, per Paragraph 4 "Rental Rate Adjustment", the rental rate was not re-adjusted and fixed per the required timeline due to staff oversight; and WHEREAS, upon researching the CPI index it was discovered that the CPI identified for re- adjustment (Size Class D under 50,000) was discontinued by the U.S. Bureau of Labor Statistics in 2018; and WHEREAS, for continuity with current lease rate adjustment procedures, the yearly Lease rate shall be increased by eight percent (8%) every five (5) years as a set Lease rate increase through the Lease term;and WHEREAS, this Lease Addendum hereby satisfies the Paragraph 4 "Rental Rate Adjustment" clause per the lease terms. NOW, THEREFORE,IT IS HEREBY AGREED by and between the parties to a change in rental rates and contract terms as follows: 1) "Paragraph #2 - Rentrr - Rental Rates for 0610112024 thru 0513112029 Term - will read as follows for: LOT H-20A Rate - .62 Acres (27.007.20 square feet) TERM Previous Rate Per Year ($.123 per Sq. Ft.) Current Rental Rate ($.13 per Sq. Ft.) Not including Leasehold Tax* $3,240.86 06 I 0t I 2024 - 0s I 3t t202s $3,510.93 Lease Addendum (2) - Canera Hangars Bowers Field LP