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Lease Addendum (2)
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02. February
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2025-02-18 10:00 AM - Commissioners' Agenda
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Lease Addendum (2)
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Last modified
2/20/2025 1:50:33 PM
Creation date
2/20/2025 1:50:25 PM
Metadata
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Template:
Meeting
Date
2/18/2025
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 Tyler Glahn for Lot H-34 within the Aeronautical Area of Bowers Field
Order
13
Placement
Consent Agenda
Row ID
127511
Type
Resolution
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."it{i.t"i}?., <br />I t i' i't 1 t' f'.:r i. ;{ } t.1 i:.i,' 1''' <br />3 <br />LOT H.35: <br />09101117 -07131122 <br />Term <br />Rental Rate <br />($.12 per Sq. Ft.) <br />Not lncludinq <br />Leasehold Tax* <br />09t01117 - 08131t18 $284.08 <br />09t01t18 - 0831J1e $784.08 <br />09t01t19 - 0831120 $784.09 <br />0st01t20 - 08311?l $784.08 <br />09t01t21 - 08J31122 $784.08 <br />09t01122 Renesqtiate <br />"The cunent Leasehold Excise Tax Rate is 12.84%, as determined by the State of Washington and is subject to change. <br />ADJUSTMENT OF RENTAL: The rental for every five year period thereafter, or <br />part thereof, at the commencement of such period, shall be readjusted and fixed by <br />the Board of County Commissioners; <br />(a) After the fifth year, the Lessor shall have the right to readjust the rent <br />on or before September 1't of the fifth, tenth, fifteenth, twentieth, <br />twenty-fifth, thirtieth, thirty-fifth, fortieth, forty-fifth, and fiftieth years of <br />this lease for each following five year period; and the increase shall BE <br />THE CUMULATIVE EFFECT OF THE CPI INDEX OVER THE <br />PREVIOUS FIVE YEARS. The rent increase is at the sole discretion of <br />the Lessor, and Lessor may elect to maintain the rent at the previous <br />rate. lt is agreed between LESSOR and LESSEE that the following CPI <br />lndex will be used for future rental increases: <br />"CPl - All Cities-All ltems Size Glass D Under 50,000." <br />LEASEH OLD TAX: ln addition to a ny rental herein provided, the Lessee shall pay <br />to the Lessor the leasehold tax as set forth by the State of Washington in Chapter <br />61, Laws of 1976, Second Executive Session (R.C.W. 82'29A) or as amended' <br />The tax shall be due and payable at the same time the rental charged herein is due <br />and payable. <br />5. FIRE PR OTECTION ASSE SSMENT ln addition to a ny rental herein provided, <br />the Lessee shall pay a fee which shall be in lieu of taxes for fire protection <br />services. The annual rate shall be based upon the annual fire assessment <br />determined by the Kittitas County Assessor and Kittitas Valley Fire & Rescue to <br />be calculated on January 1tt of the current year. The assessment shall be pro- <br />rated monthly, due and PaY able concurrently with the monthly lease payment. <br />UTILITIES. The Lessee shall pay for extension of and all utility services supplied to <br />tf'e ptemees. Any such extensions shall be subject to the advance review of the <br />Lessor. <br />4 <br />l _. .,.;j 1 .1 <br />6
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