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HomeMy WebLinkAboutAdden 3 *400, LAG 11-003 Amendment 03-14 AMENDMENT TO LEASE AGREEMENT (City of Renton to Rainier Flight Services, LLC) THIS AMENDMENT to Lease Agreement LAG 11-003 is effective as of July 1, 2014. RECITALS: WHEREAS, Rainier Flight Service LLC has a Lease Agreement with the City of Renton, LAG 11-003, executed on April 1, 2011; and WHEREAS, Landlord and Tenant are negotiating a new lease on a different parcel on the airport, and in contemplation of successful negotiations of that lease, the parties acknowledge that there will need to be changes to Tenant's current lease area; and WHEREAS, Tenant desires to terminate the ground lease area (as shown in Exhibit B, Lease Map and Legal Description of Lease LAG 11-003) consisting of 12,000 square feet; and WHEREAS, Landlord is willing to amend the Lease to reflect the elimination of the ground lease area (as shown in Exhibit B, Lease Map and Legal Description of Lease LAG 11-003) consisting of 12,000 square feet. NOW,THEREFORE, IT IS HEREBY AGREED AND COVENANTED BY AND BETWEEN THE CITY OF RENTON AND RAINIER FLIGHT SERVICES LLC AS FOLLOWS: WITNESSETH: 1. The Landlord and Tenant do hereby agree to amend Exhibit B, Lease Map and Legal Description of Lease LAG 11-003 to eliminate the subject ground lease area in its entirety, effective July 1, 2014. Lease Agreement LAG 11-003 1 City of Renton to Rainier Flight Service LLC ORIGINAL ;Aftw ,,wop� LAG 11-003 Amendment 03-14 2. The Landlord and Tenant do hereby agree to amend section 4.a. of LAG 11-003 to reflect a new annual rental amount of$17,028.48. 3. 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 Service LLC CITY OF RENTON a Washington Corporation a Municipal Corporation Denis Law Mayor Title Jasn A. Seth Act ng City Clerk q 1, �/' Date d"70 ved as to legal form City Attorney Lease Agreement LAG 11-003 2 City of Renton to Rainier Flight Service LLC