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KITTITAS COUNTY AIRPORT.BOWERS FIELD Lease Addendum THIS ADDENDUM TO LEASE is made and dated this B t1n day ot, Vbr Wt \ , zoz5, urtrirrglon, tHinafter by and between KITTITAS COLINTY, a municipal corporation in the State of W referred to as the LESSOR, and PRECISION AG REPAIR, and hereinafter referred to as the LESSEE. WITNESSETH WIIEREAS LESSOR and LESSEE entered into a Lease on September 7,2015, a copy of which is attached hereto and by this reference incorporated herein; and WHEREAS, according to Paragraph 3 "Rental Rate Adjustment", it states "the rental rate shall be re-adjusted per the CPI index every five years as required in RCW 36.34.180". WHEREAS,perParagraph 3 "Rental Rate Adjustment", the rental rate was not re-adjusted and fixed per the required timeline due to staff oversight; and WHEREAS, upon researching the CPI index it was discovered that the CPI identified for re- adjustment (Size Class D under 50,000) was discontinued by the U.S. Bureau of Labor Statistics in 2018; and WIIEREAS, for continuity with current lease rate adjustment procedures, the yearly Lease rate shall be increased by ten percent (10%) every five (5) years as a set Lease rate increase through the Lease term;and WIIEREAS' this Lease Addendum hereby satisfies the Paragraph 3 "Rental Rate Adjustment" clause per the lease terms. NOW, THEREFORE,IT IS HEREBY AGREED by and between the parties to a change in rental rates and contract terms as follows: 1) "Paragraph #2 - Rent" - Rental Rates for 09101/2025 thru 08/31/2030 Term - will read as follows for: LOT C-31 Rate - 1.09 Acres (47"480.40 square feet) TERM Previous Rate Per Year ($.067 per Sq. Ft.) Current Rental Rate ($.074 per Sq. Ft.) Not including Leasehold Tax* $3,181.19 09 I 0t I 202s - 08 I 3t /2026 $3,513.55 09 I Ot t2026 - 08 t3t I 2027 $3,513.55 Lease Addendum (1) - Precision Ag Repair