HomeMy WebLinkAbout1-4-2021 Cascade Pallet lease amend.docx-132542761780910946. (1)KITTITAS COUNTY
AIRPORT/INDUSTRIAL AREA LEASE AMENDMENT
THIS LEASE AMENDMENT is made and dated this ___day of _______, 2021,
by and between KITTITAS COUNTY, a municipal corporation in the State of
Washington, hereinafter referred to as the County, and
________________________, hereinafter referred to as the Lessee. This
amendment shall be effective January ___, 2021.
WITNESSETH:
WHEREAS, the County and the Lessee entered into a lease on January 1,
2020; and
WHEREAS, section 26 of said lease contemplates amendment; and
WHEREAS, Lessee would prefer to be making monthly rather than annual
payments; and
WHEREAS, the Kittitas County Airport Department supports the change in
lease provision to provide for monthly payments; and
WHEREAS, the parties desire to amend the lease to allow for monthly
payments.
NOW, THEREFORE, IT IS HEREBY AGREED by and between the parties to
amend the lease terms as follows:
Section 2 of said lease shall be amended to read as follows:
“Rent shall be paid on or before the first day of each month for the
term of this lease (until December 31, 2025) as follows:
Ground Lease-$1,162.35 per month
Building Lease-260.66 per month for January through November, and
$260.70 for December.
Additionally, Lessee shall pay any applicable leasehold tax. Payment
shall be made to the Kittitas County Airport Department. Any rental
payment received after the 10th day of any given month shall accrue a
delinquency charge of twelve percent (12%) per annum, levied monthly.
On the first day of January of each year of the lease term (2021, 2022,
2023, 2024) these rental amounts, both the ground lease rate and the
building lease rate, shall increase by 1.5% each year as a set rate increase.”
All other terms and conditions of the aforementioned lease shall remain
in full force and effect.
IN WITNESS WHEREOF, the County and the Lessee have signed their names
and affixed their seals the day and year first written above.
LESSOR:
BOARD OF COUNTY COMMISSIONERS
KITTITAS COUNTY, WASHINGTON
______________________________________ Chair
______________________________________Commissioner
______________________________________Commissioner
ATTEST:
Clerk of the Board
_____________________________________
LESSEE:
(title)