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signed lease agreement
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2025-07-15 10:00 AM - Commissioners' Agenda
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signed lease agreement
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Last modified
8/20/2025 10:30:05 AM
Creation date
8/20/2025 10:29:49 AM
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Meeting
Date
7/15/2025
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 and Sign an Amendment to a Lease with Kittcom for Airport Property located within the Industrial Area at Bowers Field
Order
9
Placement
Consent Agenda
Row ID
133196
Type
Resolution
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NOW THEREFORE, IT IS HEREBY AGREED by and between the parties to a <br />change in rental rates and contract terms as follows: <br />1) "Paragraph#z - Rent" - Rental Rates for 03101/2025 thru 02/2912028 Term - will read <br />as follows for: <br />LOT C-33 Rate - 1.48 Acres (64.469 square feet) <br />*The current Leasehold Excise Tax is 12.84%, as determined by the State of Washington and is subject to change. <br />All other terms and conditions of the lease shall remain the same <br />IN WITNESS WHEREOF, the Lessor and Lessee have signed their names and affixed <br />their seals the day and year first above written. <br />1.57o increase <br />Rate per Sq. Ft. <br />$0.148 <br />$0.151 <br />$0.153 <br />To Calculate <br />based on lease <br />agreement <br />Current Rental <br />Rate <br />Exempt from Leasehold Tax* <br />$9,579.47 <br />$9,734.82 <br />$9,863.76 <br />Renegotiate <br />Previous Rate Per <br />Year <br />$9,025.63 <br />$9,579.47 <br />$9,734.82 <br />s9,863.76 <br />Term <br />03t0u202s - <br />02t28t2026 <br />03t0t/2026 - <br />0212812027 <br />03t0u2027 - <br />02/29/2028 <br />03/01/2028 <br />Lease Addendum (5) - Kittcom May 2025 Page2
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