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HomeMy WebLinkAboutAdden 4 i LAG-03-003, Adden #4-12 AMENDMENT NUMBER FOUR TO JT� HE LEASE AND CONCESSION AGREEMENT BETWEEN BARAJAS ARIAS,INC.AND THE CITY OF RENTON,WASHINGTON f Y r This amendment is entered into between the City of Renton(City)and Barajas Arias, Iric. and amends and attaches to and is part of the existing Le 'ej and Concession Agreement and entered into previously between the parties on December 6, 2009. (Reference:LAG#,03=003). ollowin ameThe parties agree to the f ndmentsl: Article C. Consideration,Item 2 Commencing June.4, 2012 extending to June 4, 2013 the concessionaire payment consideration provided to- the City will be adjusted to percentages of gross receipts:- for the restaurant/lounge/patio/tent, six percent(6%); and for the banquet facilities, eight percent(8%). Upon request of Barajas Arias, Inc., at the end of the one year term, the City of Renton may consider extending the term of the Amendment. In all other respects, the terms and conditions listed in the Lease and Concession Agreement and Exhibits to Agreements.of both parties shall remain the same as agreed to between the City of Renton and Barajas Arias, Inc., December 6, 2009. This Agreement,is entered into as of the day and year written below. j - CONTRACTOR 1 TY OF REN ON Sigria a Denis Law, Mayor Date Date Printed Name and Title Business Name Attest l� Bonnie Walton, City Clerk Mailing Addre Printed Name and Title City State Zip H:1G6IfiDirector\Concess\Addendum#4 rent reduction2012.doc i