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KITTITAS COUNTY AIRPORT <br />DEPARTMENT OF PUBLIC WORKS ltl ttr l AMENDMENT TO LEASE <br />l T HIS AMENDMENT TO LEASE is made and dated this 1j~day of <br />~¼mW , 2018, by and between KITTITAS COUNTY, a municipal corporation in the <br />State of Washington, hereinafter referred to as the LESSOR, and EMORY L.L.C., and <br />hereinafter referred to as the LESSEE. <br />WI T N ES S ETH: <br />WHEREAS, LESSOR and LESSEE entered into a Lease on September 1, 2008, a copy of <br />which is attached hereto and by this reference incorporated herein; and <br />WHEREAS, according to Paragraph 3 "Adjustment of Rental", it states" the rental rate <br />shall be re-adjusted and fixed by the Board of County Commissioners every five years as required <br />in RCW 36 .34.180"; <br />WHEREAS , it has been agreed between LESSOR and LESSEE that the following CPI <br />Index will be used for future rental increases. <br />"CPI -All Cities-All Items Size Class D Under 50,000" <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 9/01/18 thru 8/31/23Term . <br />Lot C-3 rate -1.28 Acres -55,756.80 sq. feet <br />Previous Rate Rental Rate <br />Term Per Year ($.064 per ($.065 per Sq Ft) <br />Sq Ft) <br />$3,567.48 <br />09/01/18 -08/31/19 $3,614 .82 <br />09/01/19 -08/31/20 $3,614 .82 <br />09/01/20 -08/31/21 $3,614.82 <br />09/01 /21 -08/31 /22 $3 ,614.82 <br />09/01/22 -08/31/23 $3,614 .82 <br />09/01/23 Reneqotiate <br />Emory LLC <br />Lease Addendum PAGE 1