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I <br />r^(/A <br />t,\vL efP <br />*\an <br />(f <br />gh <br />[-AC' <br />L,\.5., r/'l- <br />OPPO <br />{ <br />P(| <br />TIANGAR GROUND LEASE <br />tnVvttr+*, <br />'l'hisr\iulolt I lryrgar'(inlund l.ease (herrinaf te r "|,EASE") is madc and entered into as of thc ls day <br />ol'ffi&:fr;y and between KIT'II'IAS COIJNTY, a Washington MunicipatCoryoration <br />(hereinafter *I,ESSOR') and Linda and Mark Merrill (hereinafter "l,FISSEE'), <br />WITNESSETH: <br />WHEREAS, LDSSOR owns the Kittitas County Regiorral Airport-Bowers Field (ELN) (hereinafter <br />"AIRPORT") which is operated by thc Airport Depadrnent, <br />WHEREAS, LESSOR has approved property available fbr lease as provided by this l,EASFIand <br />I,ESSEE dcsires to occupy and use such property in accordance with this l,F.ASFI, <br />NOW THEREFORE. in consideration of the mutual promises herein and the bcnefit to be derived <br />hy each party, the parties agree as tbllows: <br />I. PREMISES: <br />I.ESSOR hereby leases to I.ESSEE and LESSEE hereby lcases from L.ESSOR that portion <br />of'the AIRPOR'I described in Exhibit A attached hercto and incorporated herein by this <br />rcference. <br />(hereinafter "PREMISES") tbr thc puryoses set forth in this LEASE. I,F.SSEE agrees to <br />accept the PREMISES "As ls," and I,FISSOR makes no wananty as to the condition of the <br />PREMISES or their suilability for any particular purpose. <br />2, TERM: <br />Term. <br />2.1 Effectivc Date and Initial Term. <br />I'he Lease shall be eftbctive as oflthe Lease Date. 'fhe tenn of this Lcase shall be for a period <br />of thirty (30) years commencing on the Lease Date as pncvided in Exhibit C, ifattached, and <br />ending on Decernber 3 |e,2032, such period be ing the "lnitial Tcm" or "Term" and including <br />any extensions as provided in Section 2.2. A "l,ease Year" rncans the twelve calendar months <br />commcncing with thc month olthc Lcase Date orCommcncement Date. as the case maybe, <br />each year of the Term, <br />2.2 Options to Extend. <br />l.essei shall have the option to extend this Lea.se for'l'wo (2) additional period(s) olTen (10) <br />years each ilLessee is not then in default of this Lease and delivers a written notice of the <br />exercise olthe then current option to extend to l,essor at lcast nincty (90) days prior lo lhe <br />expiration of the lnitial Term or prior option period, as the case maybe. <br />lrissnn /H, <br />r4AW\ <br />I LnssoRFJ