HomeMy WebLinkAboutAdden 1 LAG-12-002, Adden #1 -16
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LEASE ADDENDUM NUMBER ONE
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THIS ADDENDUM t fl-12-002 is made as of the �� day of�i Ge�N►�el� , 2015, between
the CITY OF RENTON, a non-charter code city organized under RCW 35A and State of Washington
Municipal Corporation, hereinafter referred to as "CITY", and Community in Schools of Renton,
Washington, a nonprofit corporation hereinafter referred to as "Lessee," hereinafter collectively
referred to as the "Parties".
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The CITY and LEESSEE agree to addend-6+4E�12-002, attached as Exhibit One, entered into on the 14tn
of May, 2012, as set forth below.
1. Term: The Lease term is extended by one year, with two additional one-year renewal options
by mutual consents.
2. Pavments: lessee will continue to pay the current monthly payment of six hundred dollars
thirty four dollars and 63 cents ($634.63) plus Washington State Leaseholder Excise Tax of
eighty one dollars and forty nine cents (81.49) for a total of for a total of seven hundred sixteen
dollars and twelve cents ($716.12). The excise tax will be exempted if the lessee has a non-
profit excise tax exemption certificate from the Department of Revenue in force.
3. Monthlv Lease Pavment Adiustment: The rents shall be increased by four percent (4%)
annually.
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All other terms and conditions of�-�6r-12-002 not specifically amended shall prevail and shall remain
in effect.
This Agreement is entered into as of the day and year written above.
H:\Facilities\Facilities Director\Peter Renner\My Documents\Leasehold\CISR Add One 11 20 2015 11�20/2015
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