HomeMy WebLinkAboutAdden 1 LAG 14-005
,✓ `v"6endment 01-14
AMENDMENT TO BUILDING LEASE AGREEMENT
City of Renton to Rainier Flight Service, LLC
THIS AMENDMENT No. 1 to Lease Agreement LAG 14-005 is entered into as of
November 1, 2014 by the City of Renton, a Municipal Corporation (Landlord) and
Rainier Flight Service, a limited liability company (Tenant) and amends that certain lease
agreement LAG 14-005, dated November 1, 2014.
RECITALS:
WHEREAS, under BLAG 14-005 dated November 1, 2014, the City of Renton
(Landlord) had leased to Rainier Flight Services LLC (Tenant) certain land area and
building space on the Renton Municipal Airport, Renton, Washington, until September
30, 2024; and
WHEREAS, Landlord has requested and Tenant has agreed to allow Landlord to
use three (3) separate storage areas in the building leased by the Tenant for the
purpose of Airport equipment storage, as shown on Exhibit "B" (800 Building), which is
attached hereto and incorporated herein by this reference; and
WHEREAS, the three (3) spaces are defined as: Hangar Bay Space 1, consisting of
754 square feet; Hangar Bay Space 2, consisting of 492 square feet; and Northwest
Corner Room, consisting of 1,326 square feet.
NOW, THEREFORE, IN CONSIDERATION OF THE TERMS AND CONDITIONS HEREIN
CONTAINED AND FOR OTHER GOOD AND VALUABLE CONSIDERATION, THE RECEIPT
AND SUFFICIENCY OF WHICH IS HEREBY ACKNOWLEDGED, LANDLORD AND TENANT
AGREE TO AMEND THE LEASE AS SET FORTH BELOW:
WITNESSETH:
Landlord and Tenant agree to amend the Lease, in the following respects:
Three new paragraphs, a.1., a.2., and a.3., are added to Section 4 of the Lease as
follows:
4. RENT/FEES/CHARGES:
4.a.1. Rental Offset for Hangar Bay Space 1: Inconsideration of Tenant permitting
Landlord's use of Hangar Bay Space 1, as depicted in Exhibit B, attached hereto and
Amendment 0 1-14 to LAG 14-005 ORIGINAL 1
City of Renton to Rainier Flight Service LLC
LAG 14-005
*W01 mendment 01-14
incorporated by this reference, beginning on November 1, 2014, and ending on
April 1, 2015, Landlord shall apply a credit of Ninety One dollars and Seventy Four
cents ($91.74) per month toward the Minimum Monthly Rent paid by the Tenant
under the Lease, as amended herein, .
4.a.2. Rental Offset for Hangar Bay Space 2: In consideration of Tenant permitting
Landlord's use of Hangar Bay Space 2, as depicted in Exhibit B, beginning on
November 1, 2014, and ending on January 31, 2015, Landlord shall apply a credit of
Fifty Nine dollars and Eighty Six cents ($59.86) per month toward the Minimum
Monthly Rent paid by the Tenant under the Lease, as amended herein.
4.a.3. Rental Offset for Northwest Corner Room: In consideration of Tenant
permitting Landlord's use of Northwest Corner Room, as depicted in Exhibit B,
beginning on November 1, 2014, and continuing on a month-to-month basis until
one party gives the other party at least thirty(30) days' notice to terminate,
Landlord shall apply a credit of One Hundred Sixty One dollars and Thirty Three
cents ($161.33) per month toward the Minimum Monthly Rent paid by the Tenant
under the Lease, as amended herein.
All other terms and conditions of the original Lease Agreement and Amendments
thereto, insofar as they are not inconsistent herewith, shall remain in full force and
effect.
Rainier Flight Services LLC CITY OF RENTON
a Washington Limited Liability Company a Municipal Corporation
it �t
Denis Law
Ma or
AEON 4�,,�/G.
Title Jaso Seth
ty Clerk
10
��L z
Date %a7K S3
"'•=li!9i111!!14i101\11�1� V
Amendment 0 1-14 to LAG 14-005
City of Renton to Rainier Flight Service LLC
LAG 14-005
Amendment 01-14
App, ved as to legal form
City Attorney
EXHIBIT B
Amendment 01-14 to LAG 14-005 3
City of Renton to Rainier Flight Service LLC
«800 Building" EXHIBIT
800 West Perimeter Road
Renton,WA 98057
North ---1
�s
PILOTS
&
MECHANICS
❑ (UPSTAIRS) OVERHAUL ROOM
❑
(UPSTAIRS)
SPARE
❑ OFFICE p
+�
t
VEMM y.
r
MACHM
MEN'S WOM
O ® ,
CONF
O
❑
MAP
T 'v t v
I Y Y
OFFICE
RECEP7
FIRE
ROLL
-UP
HANGER DOOR HANGER DOOR
Renton Airport/Clayton Scott Field