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Home My WebLink AboutAdden 10LAG-04-003 ADDENDUM NO 10-18 ADDENDUM NO. 10-18 TO LAG-04-003 PARK AND RIDE GARAGE AGREEMENT Between City of Renton and King County THIS ADDENDUM No. 10 to Lease Agreement LAG-4-003 ("ADDENDUM No. 10") is effective January 1, 2019 ("Effective Date") by and between the City of Renton ("City" or "Owner"), a Washington municipal corporation, and King County, a home rule charter county acting through the Transit Division of its Department of Transportation ("KCDOT"). The City and KCDOT are referred to collectively in this Agreement as the "Parties." WHEREAS, by this Addendum, the Parties mutually agree to amend the original and existing Park and Ride Garage Agreement, which permitted transit and rideshare commuters to use a portion of Renton' s property for a park and ride lot, entered into by the Parties on June 1, 2004 LAG-04- 003 ("Original Agreement"), and the previous mutually agreed written amendments/addenda of that original and existing Park and Ride Garage Agreement (with each amendment and addendum and the original agreement collectively referred to as the "Agreement"). Subsequent Amendments/Addenda to LAG 04-003 ("Amendment" and "Addendum" are used interchangeably): Amendment 1-08 - executed on October 22, 2008, expanded the number of commuter parking spaces to serve transit customer ridership and modify the compensation under Section 2 payment) of the Original Agreement. Amendment 2-09 - executed on November 24, 2008, extended the Term to December 31, 2009. Amendment 3-09 - executed on December 31, 2009, extended the Term to December 31, 2010. Amendment 4-10 - executed on December 31, 2010, extended the Term to December 31, 2011. Amendment 5-12 - executed on December 31, 2011, extended the Term to December 31, 2012. Amendment 6-13 - executed on December 31, 2012, extended the Term to December 31, 2013. Addendum 7-14 - executed on November 17, 2014, extended the Term to December 31, 2015 Addendum 8-16 - November 30, 2015 letter extended the term for 2016 and 2017. Addendum 9-18 - executed May 24, 2018, extended Term through 2018. NOW, THEREFORE, in consideration of the mutual promises and covenants in this Addendum and other good and valuable consideration, the sufficiency and receipt of which is hereby acknowledged, the Parties agree to the following: SECTION 1. Paragraph 3 Term of the Agreement is amended to read as follows: This Agreement shall be in full force and effect and binding upon the Parties beginning June 1, 2004, and shall continue until it expires on December 31, 2020. KCDOT shall pay the rent and use the parking spaces as indicated on Exhibit 10-A, attached and fully incorporated into this Addendum 10-18. Page 1 LAG-04-003 Addendum 10 Park and Ride Garage Agreement 12-7-18R LAG-04-003 ADDENDUM NO 10-18 SECTION 2. All terms and conditions of the Agreement not amended by this Addendum 10-18 shall remain in full force and effect and are ratified and re -confirmed. To the extent any term(s) and/or condition(s) of the Agreement conflicts with any term(s) and/ or condition(s) of this Addendum, the term(s) and/ or condition(s) of this Addendum shall control. IN WITNESS WHEREOF, the Parties agree that this Addendum, will be effective when signed by the Mayor and KCDOT, and takes effect on the Effective Date noted above subject to City Council ratification by January 31, 2019. CITY OF RENTON &t��- p4tr Denis Law, Mayor Date signed: 1 Att st lr' Jh<on A. Seth, City Clerk M Date attested: 1 APPROVED AS TO FORM ONLY 104-el�e --- -- - 0 �e� Shane Moloney, City Afforney Date: `I Nonstandard clb(306) KCDOT: Title: General Mana�&R - Metro OF R EN e signed * _ SEAL 'fi 4, �•`` ^O 2 —X. yy'c ' 20ts APPROVED AS TO FO PVI ONLY --7-2/ T. MacKen rown, Deputy Prosecuting Attorney Date: I zl ° I Page 2 LAG-04-003 Addendum 10 Park and Ride Garage Agreement 12-7-18R LAG-04-003 ADDENDUM NO 10-18 STATE OF WASHINGTON ) SS COUNTY OF ) On this day of , 20 , before me, the undersigned, a Notary Public in and for the State of Washin` on, duly commissioned and sworn, personally appeared DENIS LAW to me known to be the person(s) who signed as THE MAYOR of CITY OF RENTON, the Washington municipal corporation that executed the within and foregoing instrument, and acknowledged said instrument to be his free and voluntary act and deed and the free and voluntary act and deed of said Washington municipal corporation for the uses and purposes therein mentioned; and on oath stated that he was authorized to execute M�Wvfiirum t on behalf of said Washington municipal corporation. IN WITNESS WHEREOF Iha ' I mj/ �21_, °ter /yy' Z o a619�4 -0 pU01,�'y� C9 /Z I,Pq,f8-2 P STATE OF WASHINGTON ) ) SS COUNTY OF KL N U ) nth an\q official OeajWh'�,darand year first above written. re -wolf Nota (Print o4 stamp name of Notary) 1 NOTARY PUBLIC i and fqr the State of Washington, residing at My Appointment Expires: On this '2.0 day of DEZ JEM��, 20AL—, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared IZV2C-A M" N to me known to be the Metro Ma�� King County, the home rule charter county that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said county for the uses and purposes therein mentioned, and on oath stated that s/he was authorized to execute said instrument on behalf of said county. IN WITNESS WHEREOF I have hereunto set my hand and official seal the davand year first above written. (Signature ONoary) Jr GKANG V9'•'',�' TSE�+bYF�NC� VAS -`mac,\5sioNekQ, tip, (Print or stamp name of Notary) NOTARy�`�N'. - NOTARY PUBLIC in and for the State of Washington, residing at SG70elTL)e; r cn�, PUBLICS ,0 _ My Appointment Expires: Av�t�Sk— 0�iost2�L pF SN\ Page 3 LAG-04-003 Addendum 10 Park and Ride Garage Agreement 12-7-18R LAG-04-003 ADDENDUM NO 10-18 Exhibit 10-A RENTON CITY MUNICIPAL GARAGE Years Cost per space/month Leased Spaces in Garage Monthly Cost ** Quarterly Cost Annual Cost 2016 and 2017 Exercise Option to $ 30.00 150 $ 4,500 $ 13,500 $ 54,000 - extend for 2016 and 2017 - and 50 Additional Spaces 2018 - 2020 $ 30.00 150 $ 4,500 $ 13,500 $ 54,000 * For 2018-2020, Designated spaces 412-562 are on Floors 6-7 in the garage ** Monthly Cost = Number of spaces x Monthly cost per parking space Page 4 LAG-04-003 Addendum 10 Park and Ride Garage Agreement 12-7-18R