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KITTITAS COUNTY AIRPORT <br />DEPARTMENT OF PUBLIC WORKS <br />ADDENDUM TO LEASE <br />();,t;. 1,,() L <br />THIS ADDENDUM TO LEASE is made and dated this ~ day of JV{a rt7fIV <br />2018, by and between Kittitas County, a municipal corporation in the State of Washington, <br />hereinafter referred to as the LESSOR, and RON MITCHELL AND SONJA MITCHELL, husband <br />and wife, and hereinafter referred to as the LESSEE. <br />WIT N E SSE T H: <br />WHEREAS, LESSOR and LESSEE signed a Consent to Assignment of Lease on <br />September 1,1998, a copy of which is attached hereto and by this reference incorporated herein; <br />and <br />WHEREAS, according to the original lease Paragraph 3 "Adjustment of Rental", it states <br />"After the fifth year, the Lessor shall have the right to increase rental rates as outlined above. <br />After the tenth year, the Lessor shall have the right to increase rental rates, provided that the <br />annual rate shall not increase to more than 5% of the previous year's annual rental rate, effective <br />at the beginning of the tenth, fifteenth and twentieth years of this lease. <br />NOW, THEREFORE, IT IS HEREBY AGREED by and between the parties to a change in <br />rental rates and contract terms as follows: <br />1) "Paragraph #2 -Rent" -Rental Rates for 11/01/2017 thru 10/31/2022 Term. <br />11/01/17 thru 10/31/22 Term Rental Rate <br />(~.069 !;!er 5g. Ft.} <br />Not Including Leasehold <br />Tax* <br />11/01/17 -10/31/18 $512.61 <br />11/01/18 -10/31/19 $512.61 <br />.11/01/19 -10/31/20 $512.61 <br />11/01/20 -10/31/21 $512.61 <br />11/01/21 -10/31/22 $512.61 <br />11/01/22 Renegotiate <br />*The current Leasehold Excise Tax Rate is 12.84%, as determined by the State of Washington and is subject to change.