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�w rR L A&-o--©Io RLAG- a5-OA RENTON MUNICIPAL AIRPORT AIRCRAFT HANGAR PERMIT This Permit is made and entered into between the CITY OF RENTON, as Owner, and J Ls L_/ 1--7-t)- , as Permittee, as follows: plc P--/C-pap-n )—J-:M 7Z PREMISES: Subject to the terms hereof, Owner shall permit the use by Permittee of Hangar No. '��W (hereinafter called the"Hangar") located at the Renton Municipal Airport. The exterior area and ground in the immediate vicinity of the building is for the purpose of access to the leased portions of the building. No material whatsoever may be stored upon the exterior area. TERM: Except as provided elsewhere herein, the term of this Permit and the rentals due hereunder shall continue on a month-to-month basis until such time as one party gives the other written notice of termination, as herein provided, except that the Owner may terminate this Permit upon not less than three days notice in case of nonpayment of rent. USE: Hangar No. S may be used for aircraft air frame major rebuild and repair work where no repair work is done except the exchange of parts and maintenance requiring no open flame, welding or the use of Class I or Class II liquids. USE RESTRICTIONS: Aircraft rebuild and maintenance identified above which is within the limits of permits and codes, and especially in compliance with the City of Renton adopted Group B Occupancy, Division 3, shall be permitted only so long as the use of open flame or welding are not used within the hangar or Class I or Class I liquids are not used or stored within the building. If the use of open flame or welding, or the storage and/or use of liquids other than those authorized by the Group B-3 Occupancy, is detected, this permit will be terminated. TERM: The term of this lease shall be for a period of one month, commencing on September 1, 2005 and terminating on September 30, 2005, continuing on a month-to-month basis thereafter. RENT: Permittee agrees to pay a monthly rent of$285.00,plus state leasehold tax of 12.84% in the amount of$36.59, for a total monthly rent of$321.59, payable in advance of each month. The monthly rent shall be due the first day of each and every month during the term hereof, payable by not later than the tenth day of each month. Payment shall be made to the City of Renton, 1055 South Grady Way, Renton, Washington 98055. Aircraft Hangar Permit 1 NOW LATE PAYMENT CHARGE: It is hereby further agreed that if rent is not received by the 10th of each month then there will be added a late payment charge of 5% per month for each month of delinquency until paid. If any check received by Lessor is returned unpaid for any reason, Lessor reserves the right to make an additional charge of Ten Dollars ($10.00). TAXES: Washington State Leasehold Tax of 12.84%, currently, on rent will be paid by Permittee directly to the City of Renton with the monthly rent, in addition to any County, State, or Federal taxes which may be assessed by those entities. TERMINATION: Except as provided herein, the term of this Permit and the rentals due hereunder shall continue on a month-to-month basis until such time as one party gives the other written notice of termination. Other provisions herein notwithstanding, in the event that any sum payable hereunder by the Permittee shall not be paid within thirty(30) days after the same becomes due, and upon written notice, the Owner shall proceed to remove therefrom all aircraft and other property which may be contained therein in accordance with State law. Either party may, upon written notice to the other, delivered at least thirty (30) days before the end of the calendar month, terminate this Permit without cause at such effective date. Owner may terminate this Permit upon not less than three days notice in the case of nonpayment of rent. If Permittee is in default of any obligations hereunder, Owner may, in addition to all other rights, give written notice terminating this Permit at any time, such termination to be effective at the time set forth in such notice. NOTICES: All notices hereunder to the Owner shall be in writing and shall be delivered to: Airport Manager 616 West Perimeter Road Renton, WA 98055 All notices to the Permittee shall be in writing and shall be mailed to the Permittee at the address indicated below. If any such notice to the Permittee shall be returned by the US Postal Service, notice shall be given by posting the same on the hangar door. Aircraft Hangar Permit 2 PERMITTEE SHALL: Not assign any interest of Permittee hereunder or sublet, license or permit any other party or parties to occupy any portion of the Hangar without approval of the Airport Manager. Not conduct any charter, rental, instructional service or any other commercial activity, except the air frame repair and rebuild work authorized by this permit, in or from the Hangar. Keep the Hangar clean and free of debris and not place any debris on the Renton Airport. Not attach any hoisting or holding mechanism to any part of the Hangar or pass any such mechanism over the struts or braces therein. For the purposes of the Permit, a hoisting mechanism shall be deemed to include, but shall not be limited to, a chainball,block and tackle, or other hoisting device. Indemnify the Owner, its officers, employees and agents against and hold said parties harmless from any and all claims, demands, or liability which may arise as a consequence of Permittee's presence, conduct, or operation upon Renton Municipal Airport or of the acts or omissions of the Permittee. Not park or leave aircraft on the taxiway or on the pavement adjacent to the Hangar door in a manner which unduly interferes with or obstructs access to adjacent hangars. Accept the hangar in"as-is"condition and be responsible for their own maintenance. Use the Hangar only to house aircraft and related tools, supplies and equipment associated with maintenance and repair of said aircraft. OWNER SHALL: Provide reasonable access to the hangars and public taxiways, ramps and runway. Periodically inspect the Hangar and keep the hangar in good repair. Permittee will give prompt, written notice to the City in case of any defect, damage or need of repair. Aircraft Hangar Permit 3 *Apr, NOW I have read and understand the foregoing and agree to be bound thereby. I will notify the Owner or its representative of any changes in my address, aircraft ownership, or change of use, and such notice to be given within ten(10) days after any such event. DATED this day of `'P�-, 7— , 2005. PERMITTEE CITY RENTON J u 1,i E'r7- t7 z� Aircraft Owner c ya u�lau , A' ort Manager SLR Home Address Home Phone Business Address Business Phone /`> Aircraft Make &Model A2 71- >-5 TT Registration No. Aircraft Hangar Permit 4