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Industrail Park LeaseU-Haul2.docx-132888352118129687. (1)
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Industrail Park LeaseU-Haul2.docx-132888352118129687. (1)
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Last modified
2/24/2022 2:16:11 PM
Creation date
2/24/2022 2:15:23 PM
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Meeting
Date
3/1/2022
Meeting title
2:00pm Public Hearing
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Alpha Order
a
Item
Public Hearing to consider a New Airport Industrial Lease with Western Investments, LLC.
Order
1
Placement
2:00pm Public Hearing
Row ID
86547
Type
Hold Public Hearing
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<br /> <br />LESSEE INITIAL__________ LESSOR INITIAL__________ <br /> <br /> PAGE 1 <br /> <br /> <br /> <br /> <br /> <br /> <br />AIRPORT INDUSTRIAL PARK GROUND LEASE <br /> <br /> THIS AIRPORT INDUSTRIAL PARK GROUND LEASE (“LEASE”) is made and <br />entered into as of the 1st day of March, 2022, by and between KITTITAS COUNTY, a <br />Washington municipal corporation (“LESSOR”) and _Ray Rhodes – U-Haul, a Washington <br />corporation (“LESSEE”). <br /> <br /> <br />FUNDAMENTAL LEASE TERMS <br /> <br /> <br />For convenience this summary provides fundamental economic and business terms of the <br />following lease. If these fundamental terms conflict with the balance of the Lease, the latter <br />shall control. <br /> <br />Effective Date March 1, 2022 <br /> <br />Lessor: Kittitas County <br /> Bowers Field – Kittitas County Airport <br /> 3110 N. Airport Rd. Ste #1 <br /> Ellensburg, WA 98926 <br /> <br />Lessee Ray Rhodes <br /> U-Haul <br /> Western Investment Network <br /> 505 N. Pearl St <br /> Ellensburg, Wa 98926 <br /> <br />Lease Lot # C-32 <br /> <br />Total Leased Area 1.11 Acres / 48,351.6 sq. ft. <br /> <br />Lease Term One Year with Option to renew for 20 years <br /> <br />Lease Rate $.14 per sq. ft. per year = $6769.22 <br /> <br />Deposit: $6,769.22, per section 3.2 <br /> <br /> <br />For and in consideration of the rents reserved hereunder and the terms and conditions <br />hereof, the LESSOR hereby rents, demises and leases to LESSEE, and LESSEE takes and <br />leases from LESSOR, the following described Premises all upon the following terms and <br />conditions: <br /> <br /> <br />BOWERS FIELD <br />KITTITAS COUNTY AIRPORT
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