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Home My WebLink AboutAdden 7 tore `gal LAG 001-88 Addendum#07-05 ADDENDUM TO LEASE AGREEMENT (City of Renton to Bruce J. Leven) THIS ADDENDUM to Lease Agreement LAG 001-88 is effective as of the date of execution by the City of Renton, as indicated on the last page of this addendum. RECITALS: WHEREAS, Bruce Leven has a Lease Agreement with the City of Renton, LAG-001-88, and WHEREAS, Bruce Leven leases two non-adjacent parcels under lease agreement LAG- 001-88, and WHEREAS, one parcel is located on the east side of the Airport and is referred to as Bruce Leven's East Side Tiedown Area, and WHEREAS, a second parcel is located in the southwest corner of the Airport and is referred to as Bruce Leven's West Side Office Property, and WHEREAS, Bruce Leven's East Side Tiedown Area was subject to flooding and the City of Renton participated in the Cedar River Floodwall and Levy Project,which began on September 1, 1999, and WHEREAS, a levy was installed as part of that project,replacing the then-existing East Perimeter Road, and WHEREAS, the result of the project was to have the East Perimeter Road relocated to the top of the levy, and WHEREAS, the creation of the levy,raising the elevation of the East Perimeter Road, reduced the usable area of Bruce Leven's East Side Tiedown Area, and WHEREAS, Bruce Leven desires to reduce the leased square footage of the East Side Tiedown Area from 70,716 square feet to 68,138 square feet, and WHEREAS,post-September 11, 2001, security measures required that the City of Renton replace the fencing in certain areas around the Airport, and WHEREAS, one of the areas identified for improvement was the fencing and manual gate bordering Bruce Leven's West Side Office Property, and LAG 001-88 Addendum#07-05 WHEREAS, the fencing was relocated and the then-existing manual gate was relocated and replaced with an electric gate causing a 934 square foot grassy area to be unusable by Bruce Leven, and WHEREAS, the City of Renton desires to reclaim that 934 square foot grassy area, which is also within the Object Free Area of the Airport, and reduce the square footage of Bruce Leven's West Side Office Property from 71,867 square feet to 70,933 square feet; and WHEREAS, Leven's rental rate on September 1, 1999, was $0.14, and it changed to $0.161 on June 1, 2000; and WHEREAS, these adjustments will result in a credit to Leven for nine (9) months at the rate of$0.14 per square foot per year(9/1/99 through 5/31/00) and fifty-five (55) months at the rate of$0.161 per square foot per year(6/1/00 through 12/31/04). NOW,THEREFORE,IT IS HEREBY AGREED AND COVENANTED BY AND BETWEEN THE CITY OF RENTON AND BRUCE J. LEVEN,AS FOLLOWS: WITNESSETH: 1. Lessor and Lessee do hereby agree to amend Paragraph la. of Bruce Leven's lease, LAG 001-88, to decrease its portion of the leased premises referred to as Bruce Leven's East Side Tiedown Area by 2,578 square feet for a total East Side Tiedown Area of 68,138 square feet(70,716—2,578=68,138), identified in Exhibit"A-2"; and 2. Lessor and Lessee do hereby agree to an annual land rent of$10,970.22 (68,138 x $0.161 =$10,970.22) for the 68,138 square feet of unimproved land referred to as Bruce Leven's East Side Tiedown Area identified in Exhibit "A-2"; and 3. Lessor and Lessee do hereby agree that the payment of rent of the decreased square footage of Bruce Leven's East Side Tiedown Area will be retroactive to September 1, 1999,the start date of the Cedar River Floodwall and Levy Project; and 4. Lessor and Lessee do hereby agree that the reduction in the square footage for Bruce Leven's East Side Tiedown Area, effective September 1, 1999,results in a credit from the City of Renton to Bruce Leven in the amount of approximately$2,173.17. Calculated as 70,716—68,138=2,578 sq.ft. x 0.14 (rate from 9/1/99 to 5/31/00)/12= $30.08 x 9=$270.72 and 2,578 sq.ft. x .161(rate effective 6/1/00)/12= $34.59 x 55= $1,902.45, for a total of$2,173.17 ($270.72+$1,902.45= $2,173.17); and LEASE AGREEMENT 001-88 2 City of Renton to Bruce J.Leven \n►' "rdr LAG 001-88 Addendum#07-04'5 5. Lessor and Lessee do hereby agree to amend Paragraph la. of Bruce Leven's lease, LAG 001-88,to decrease its portion of the leased premises referred to as Bruce Leven's West Side Office Property by 934 square feet for a total West Side Office Property of 70,933 square feet(71,867—934=70,933), identified in Exhibit"A-1"; and 6. Lessor and Lessee do hereby agree to an annual rent of$22,840.43 (70,933 x 0.322= $22,840.43) for the 70,933 square feet of improved land referred to as Bruce Leven's West Side Office Property identified in Exhibit"A-1"; and 7. Lessor and Lessee do hereby agree that the payment of rent of the decreased square footage of Bruce Leven's West Side Office Property is effective as of the date of execution of this lease addendum; and 8. Lessor and Lessee do hereby that Exhibit"A-2", Legal Description of Bruce Leven's East Side Tiedown Area, and Exhibit"A-1", Legal Description of Bruce Leven's West Side Office Property, attached hereto, are made a part hereof; and 9. All other terms and conditions of the original Lease Agreement shall remain in full force and effect. BRUCE J. LE N CITY OF RENTON a Municipal Corporation P 1 )4 e k ttk, Mayor•Kathy Keolker-Wheeler Title 60,,,/n.LE Wc2L Bonnie Walton, City Clerk LEASE AGREEMENT 001-88 3 City of Renton to Bruce J.Leven Name Nal LAG 001-88 Addendum#07-04 3-9-�oDs' Date Approved as to legal form: Y =om LEASE AGREEMENT 001-88 4 City of Renton to Bruce J.Leven - I SOUTHE. T 1/4 OF SECTION Z TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M. KING COUNTY, WASHINGTON 1 \II \ \ woo RENTON MUNICIPAL AIRPORT w EAST SIDE AIR PARK TIE DOWN LEASE AREA THAT PORT ION OF THE SOUTHEAST QUARTER OF SECT ION 7. TOWNSH IP 23 NORTH, N85•10'17"E RANGE 5 EAST, W.M. DESCRIBED AS FOLLOWS: N85°10'17"E I 16'75' 350.00' COMMENC INC AT A POINT 10 FEET NORTHERLY OF THE INTERSECT ION OF THE WEST MARGIN OF LAKE AVENUE SOUTH (FORMERLY LAKE STREET) W/TH THE: ______ _____ N CENTERLINE OF A I RPORT WAY S. (FORMERLY DIXIE AVENUE ACCORD INC TO THE PLAT TPQB _ OF RENTON REAL ESTATE FIRST ADDITION AS RECORDED IN VOLUME 21, PAGE 50 RECORDS OF KING COUNTY, WASINGTON); 1 1 I ' THENCE SOUTH 87°50'17" EAST ON A L INE 70 FEET NORTH OF AND PARALLEL o v TO THE CENTERL INE OF A I RPOIRT WAY SOUTH A D I STANCE OF 286.31 FEET TO ITS oIT m % INTERSECTION WITH THE SOUTHERLY EXTENSION OF THE CENTERLINE OF THE o-\i'(.+ \ ' I EAST SIDE AIR PARK t EXISTING RUNWAY OF THE CITY OF RENTON AIRPORT;; Z T/E DOWN LEASE AREA , THENCE ALONG SAID RUNWAY CENTERLINE NORTH 04°49'43" WEST A D I STANCE 1414 68,138 sq{t, OF 294.74 /-LET TO A POINT REFLKRED TO AS RUNWAY STAT ION 0+00; /.564 acresTHENCE NORTH 04°49'43" WEST A D I STANCE OF 2644.00 FEET; mU THENCE NORTH 85°10'17" EAST A DISTANCE OF 350.00 ILLI TO THE TRIBE POINT o \\ OF BEG INN/NG, Z s THENCE CONT I NUE NORTH 85°I0'17" EAST A D I STANCE OF 169.75 FEET; ly i ! ' THENCE SOUTH /3°55'07" EAST A D I STANCE OF 175.00 FEET; -c 51 ` THENCE SOUTH 02°58'02" EAST A D I STANCE OF 100.0/ FEET; n ' THENCE SOUTH 13°55'07" EAST 85.00 FEET; Z THENCE SOUTH 85°12'02" WEST 207.58FEET; 'A ) 1 ` THENCE NORTH 04°49'43" WEST 356.59 T TO THE TRUE POINT OF 1 BEG INN INC. in '- _ CONTA I N INC 68.138 SQUARE FEET OR 1.564 ACRES MORE OR LESS. 1 -1 207.58' P� "� S85°12'02"W \ S \\\'°' 100' 50' 0 100' 200' - -mem mimmis SCALE IN FEET 000 RIN4WAY STATj01`1 2 0 NI4 10 )1- . ______ A S87°50'1 7"E 286.3/' . ... K w MM sew avmo" "r "warm MM l ACCEPTABILITY "M "MOMS 7-3t -03 M u�' j UMW DUANE HARTMAN & ASSOCIATES, INC. • s,, , . 7-31-03LEASE EXHIBIT OWL 'WU surveyors """°°"'n K DEPT. °°` ,°, EAST SIDE AIR PARK 40»o 93-504 1E028rr0009M.IE-p 0k 1)ROW8-107 (425) """ ° TIE DOWN LEASE AREA• WW.WL • M00001411E WASHINGTON 98072 FAX 1425)483-4650 m0"DRENTON w6ta+G10u 'd"g . ..,,, n1/4 SECTION 18, TOWNSHIP 23 NORTH, RANGE 5 EAST, WYM. CITY OF RENTON, KING COUNTY, WASHINGTON 100 50 0 100' 200' ' BRUCE t - LEVEN-REVISED SCALE IN FEET LEASED AREA \'4 LEGAL DESCRIPTION THAT PROTICW CF THE NORTHEAST QUARTER Cr SECTION 180 tTOWNSHIP 23(NORM RANG'5 EAST, W.M. DESCRIBED AS FOLLONS COMMENCING AT A POINT 10 FEET NORTHERLY CF THE INTERSE•CTICW Cr.THE NEST MARGIN CF LAKE AWMI SYU1H S85'I0'I7'W `r (FORMERLY LAKE STREET) WITH TIE CENTERLINE OF AIRPORT WAY N85'10'I5'E - 375 00` S (FORMERLY DIXIE AVENGE ACCORDING TO THE PLAT CF RENTCW ' ; REAL ESTATE FIRST AODITIO' AS RECORDED IN VOLUME 21, PACE I7M9` ••r50 RECORDS CF KING COW); WASHINGTON}, 1 - 1 1 iTHENCE S87'30`I7'F A DISTANCE OF 2863! FEET TO ITS { <ncz. ►.� # INTERSECTION WITH THE SOUTHERLY EXTENSION CF THE 41 oI� CUNTERLINE OF THE EXISTION RUNWAY CF THE CITH OF RENTCW I w 1.1 v AIRPORT; ' N `_` � THENCE ALONG SAID RUNWAY CE3NTERLITE W49143'31; A o= i DISTANCE Cr 294.74 FEET TO A POINT REFERRED TO AS RUNWAY '_ t STATION 0.-00; 1 HENCE IXWTIM,E ALONG SAID CEN7ERLIN~ A DISTANCE CF N85'15'00"E 210.27 FEET; N THENCE S85'10'171; A DISTANCE Cr 375.00 FEET TO THE TRUE 's POINT CF BEGIMVING �, ff Ruvf(AY STATIM i ,-----X 70 933 itY� Ns THENCE SiO4'48'5I t A DISTANCE CF 17626 FEET; ac /.63 acres N THENCE N85'15W0' A DISTANCE CF 86.34 FEET; T"."-:-% l� S82'45'5511/ ' THENCE S29'49'24'E; A DISTANCE CF 8292 FEET; o�",P TTT��`` y 29.60` THENCE S82'455`W. A DISTANCE CF 29.60 FEET TO THE POINT s,. it, I*-- \ CF CURVE Cr A NON TANGENT CURVE TO THE LEFTY CF WHICH THE - 4s o' RADIUS POINT LIES N55118`23'E A RADIAL DISTANCE CF 530.19 2 I THENCE SOUTHEAST ALONG THE ARC, THROUGH A CENTRAL ANGLE o !,6� 1189'24'3!`W o��' #'go CF /l'48`.i6' A DISTANCE Cr 109.29 HEET- �� 4•,.: THENCE 1189'24'31'W, A DISTANCE OF 21598 FEET TO A POINT CF 17:lI�laTa:icz�7�• ,• CUM TO THE RICHT HAVING A RADIUS CF 118.81 FEET AND A CENTRAL ANGE CF 53'50'17'; TIOICE NORTHWEST ALONG 77E ARC A DISTANCE CF 111.64 FEET; THENCE N40'06'571K A DISTANCE OF 47.48 FEET; AIRPORT PROPERTY LSE 1ROYCE N05104'O3'W, A DISTANCE CF 224.40 FEET; THENCE 11854'10'15Z A DISTANCE CF 17849 FEET TO THE TRUE NORTH AIRPORT WAY POINT Cr BEGINNIN& 587'30771E ____, _' CONTAINING 70,933 SQUARE FEET OR 1.628 ACRES MORE 0?LESS i zA"--- — 2863/' POINT Cr(XWMENCMENT wad Ilerailll -. .. K1+1,7AD .E All moraom sor K 1.1.5t MOM ,,... LEASE EXHIBIT j�-� _� _ _ / TABUN _ �� . Al DUANE HARMAN & ASSOCIATES,; INC. �+' WOSAM !�1:fir Surveyors . .r ocrc OW RENTON MUNICIPAL AIRPORT .w o� - 16928 E-�►+a .8-107 (4n)483-5355 BRUCE LEYEN-ADDENDUM 06-02 • 10. __ Mf0001NVILLE.'ASUNCION 98072 FAX(4251 483-4550 . ,. ITH 1r