HomeMy WebLinkAboutAddendum - 11LAG-99-002, Adden 11-25
Addendum to Lease LAG-99-002 1
City of Renton to RNT 540 LLC
ADDENDUM TO LEASE AGREEMENT
(City of Renton to RNT 540 LLC)
THIS ADDENDUM to Lease Agreement LAG-99-002, is effective as of the date of
execution by the City of Renton, as indicated on the last page of this addendum.
RECITALS:
WHEREAS, RNT 540 LLC (hereinafter “Lessee”) has a Lease Agreement with the City of
Renton (hereinafter “Lessor”), known to Lessor and Lessee (collectively, the "Parties") as LAG-
99-002, executed on August 1, 1998 and subsequently amended by and through its addendums,
Addendum 01-04, Addendum 02-08, Addendum 03-09, Addendum 04-10, Addendum 05-13,
Addendum 06-16, Addendum 07-18, Addendum 08-24, Addendum 09-24, and Addendum 10-25
(hereinafter, collectively, the “Lease”); and
WHEREAS, on August 1, 1998, Pro-Flight Aviation, Inc. entered into Lease LAG-99-002,
and leased one improved parcel on the west side of the Renton Municipal Airport (hereinafter
“Airport”) consisting of 35,595 square feet, as amended, and an existing hangar building; and
WHEREAS, the Lease, LAG-99-002, established the Purpose for the leased area and
identifies the Use of Premises for the leased area; and
WHEREAS, the Use of Premises established that the lease area shall be used for the
purpose of maintenance of aircraft, storage of aircraft at outdoor tiedown locations,
commercial aircraft services including flight training and aircraft leasing, maintaining a business
office during normal business hours - five days per week; and
WHEREAS, Amendment 1-04 amended the Use of Premises to include that the lease
area shall be used for the sale of Avgas and JetA fuel to the public; and
WHEREAS, on January 1, 2011, Pro-Flight Aviation, Inc. assigned Lease LAG-99-002, in its
entirety, to 540 Renton Hangar LLC and the hangar located on the site shall be used for private
aircraft storage; and
WHEREAS, on January 1, 2011, 540 Renton Hangar LLC subleased the fuel farm portion
of the 540 Parcel to Pro-Flight Aviation, Inc. for the purpose of fuel operations and aircraft
storage; and
WHEREAS, on January 1, 2011, The City entered into an Operating Permit Agreement,
PAG-11-002, with Pro-Flight Aviation, Inc. for the purpose of fuel operations and aircraft
storage; and
LAG-99-002
Addendum 11-25
Addendum to Lease LAG-99-002 2
City of Renton to RNT 540 LLC
WHEREAS, on March 21, 2024, Pro-Flight Aviation, Inc, was sold to RNT 750 LLC, which
included ownership of the above ground fuel tank(s) and components and PAG-11-002 was
assigned, in its entirety to RNT 750 LLC for the purpose of fuel operations and aircraft storage;
and
WHEREAS, on March 21, 2014, 540 Renton Hangar LLC assigned the sublease for the
portion of the fuel farm, in its entirety, to RNT 750 LLC for the purpose of fuel operations and
aircraft storage; and
WHEREAS, on April 28, 2025, 540 Renton Hangar LLC notified the Airport of its intent to
assign the Lease to RNT 540 LLC; and
WHEREAS, on September 2, 2025, RNT 540 LLC submitted a Lease Application for the
540 Parcel for the purpose of commercial hangar, office and ramp subleasing; and
WHEREAS, pursuant to Section 10 of the Lease, the buildings and improvements
become the property of the Lessor upon the expiration of the lease on July 31, 2028; and
WHEREAS, pursuant to Section 6 of Addendum 1-04, RNT 750 LLC shall retain ownership
of the above ground fuel tank(s) installed on the leased area upon the expiration of the of the
Lease on July 31, 2028; and
WHEREAS, all other terms and conditions of the Lease and the addenda thereto shall
remain in full force and effect;
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, LESSOR AND LESSEE AGREE TO AMEND THE LEASE AND
LEASE ADDENDA AS SET FORTH BELOW:
WITNESSETH:
1. The Lessor and Lessee do hereby agree to amend Section 7 of LAG-99-002 to read as
follows:
7. PURPOSE:
7a. Use of Premises: The Premises are leased to the Lessee for the following described
purposes and uses necessary to said purposes:
7a(1) Storage and tie-down of aircraft, both indoors and outdoors;
7a(2) Office space rentals;
7a(3) Sale of aviation fuels to the public in accordance with the Airport Regulations and
Minimum Standards for Commercial Service Providers at Airport;
LAG-99-002
Addendum 11-25
Addendum to Lease LAG-99-002 3
City of Renton to RNT 540 LLC
2. Effective on the date of this Addendum, Section 22. of LAG-99-002 is hereby amended
to read as follows:
22. NOTICES: All notices or requests required or permitted under this Lease shall be
in writing; shall be personally delivered, delivered by a reputable express delivery service such
as Federal Express or DHL, delivered by email, or sent by certified mail, return receipt
requested, postage prepaid. Any notice given by hand, by courier, or by email shall be deemed
given when delivered and any notice sent by mail shall be deemed to have been received when
three days have elapsed from the time such notice was deposited in the U.S. mail. All notices or
requests to Lessor shall be sent to Lessor at Lessor’s address set forth below and all notices or
requests to Lessee shall be sent to Lessee at Lessee’s address set forth below:
Lessor’s Address: City Clerk
Attn: Airport Director
1055 South Grady Way
Renton, Washington 98057
cityclerk@rentonwa.gov and rentonairport@rentonwa.gov
Lessee’s Address: Jon Wenrich, Manager
RNT 540 LLC
600 1st Ave Ste 330, PMB 74172
Seattle, WA 98104
jon.wenrich@vesperaviation.com
3. All other terms and conditions of the original Lease Agreement and Addenda thereto,
insofar as they are not inconsistent herewith, shall remain in full force and effect.
(Signature Page to Follow)
LAG-99-002
Addendum 11-25
Addendum to Lease LAG-99-002 4
City of Renton to RNT 540 LLC
LESSEE:LESSOR:
RNT 540 LLC CITY OF RENTON
a Washington limited liability company a Washington municipal corporation
______________________________________________________
Jon Wenrich Armondo Pavone
Manager Mayor
___________________________ ___________________________
Date Date
Attest: ___________________________
Jason A. Seth
City Clerk
Approved as to legal form:
___________________________
City Attorney
12/3/2025
Approved by Alex Tuttle via email 11/13/2025