HomeMy WebLinkAboutAdden 10 LAG-85-011 , Adden �10-16
LAG 011-85
Addendum 10-16
ADDENDUM TO LEASE AGREEMENT
(City of Renton to Kaynan, Inc.)
THIS ADDENDUM to Lease Agreement LAG 011-85 is effective as of July 13,
2016.
RECITALS:
WHEREAS, Kaynan, Inc. has a Lease Agreement with the City of Renton, LAG 011-
85, executed on July 1, 1985; and
WHEREAS, Section 1 of LAG 011-85 identifies the Lease term expiration date as
July 14, 2006; and
WHEREAS, Section 23 of LAG 011-85 identified an option to extend the initial
term of the lease by an ten (10) years; and
WHEREAS, at Kaynan's request, the City of Renton granted the ten (10) year
Lease extension via Addendum 04-99 to LAG 011-85 on August 9, 1999; and
WHEREAS, LAG 011-85 now terminates on July 14, 2016; and
WHEREAS, Kaynan has requested a temporary extension their occupancy of the
premises beyond July 14, 2016; and
WHEREAS, the City of Renton agrees to this temporary extension of Kaynan's
Lease beyond July 14, 2016.
NOW,THEREFORE, IT IS HEREBY AGREED AND COVENANTED BY AND BETWEEN THE
CITY OF RENTON AND KAYNAN, INC. AS FOLLOWS:
WITNESSETH:
1. The Lessor and Lessee do hereby agree that the lease term expiration date of July
14, 2016, is extended until October 31, 2016.
2. All other terms and conditions of the original Lease Agreement and Addenda
thereto, insofar as they are not inconsistent herewith, shall remain in full force and
effect.
ORlGINAL
Lease Agreement LAG 011-85 1
City of Renton to Kaynan, Inc.
LAG 011-85
Addendum 10-16
KAYNAN, INC. CITY OF RENTON
a Washington Corporation a Municipal Corporation
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Mayor
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ity Clerk
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City Attorney Lawrence J. Warren
Lease Agreement LAG 011-85 2
City of Renton to Kaynan, Inc.