HomeMy WebLinkAboutLAG08-001 - Amendment - #1 - Woodmont Investments, LLC - Police Substation - 05/01/2011 ICRecords M e
ENT Document
WASMINs GTON
CONTRACT COVER SHEET
This is to be completed by the Contract Manager prior to submission
to City Clerks Office. All portions are to be completed.
If you have questions, please contact City Clerk's Office.
Vendor Name: 1�( V��l�i1c Q C I'i`�Q q�/ (ru7r , L� C C� �Q ptgtool, I
Vendor Number:
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Contract Number: I 'JI/ ( b
This is assigned by City Clerk's Office
Project Name:Tai4 ` -' �7
Description: ❑ Interlocal Agreement ❑ Change Order WeAmendment [-] Contract
❑ Other:
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Contract Effective Date Termination Date rll(
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Contract Renewal Notice (Days):
Number of days required notice for termination or renewal or amendment
Contract Manager: _ Department: ---fOLtCE
Detail: (i.e. address, locati(yn, parcel number, tax id, etc.):
S Public\RecordsManagement\Forms\ContractCover\adcc7832 11/08
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FIRST AMENDMENT TO LEASE AGREEMENT
THIS FIRST AMENDMENT TO THE RETAIL LEASE (this "Amendment") is made and
entered into and effective as of this 1st day of April, 2011, by and between Woodmont
Investments, LLC, dab Woodmont Plaza Shopping Center, a Washington limited liability
company ("Landlord") and The City of Kent, a municipal corporation of the State of Washington
("Tenant").
RECITALS
A. Landlord and Tenant are parties to a Lease Agreements dated effective May 1,
2008 (the "Lease"), under which Tenant leases from Landlord certain portions of
the building located at 26226 Pacific Hwy South, in Kent, Washington (the
"Building") as shown in Exhibit A.
Now, therefore, for mutual consideration, the parties agree as follows. All capitalized
terms shall have the meaning set forth in the Lease unless otherwise herein defined
AGREEMENT
1. Term. The Term of this Lease Agreement is hereby extended Sixty (60) months
beginning on May 1, 2011 and will expire on April 30, 2016, At no time sooner than 36 months,
Landlord has the right to renegotiate Base Rental amount with Tenant at Landlord's sole
discretion In the event where both parties cannot agree on a Base Rental amount at that time,
Landlord has the right to provide 30 days notice to Tenant to vacate the premises and
Terminate the Lease.
2. Rent and Additional Rent Base Rent shall be abated for the entirety of Lease
subject to Section 1 above Tenant shall pay Additional Rent (CAM) to Landlord on the first day
of each month one twelfth of the Tenant's pro rata share of the estimated Operating Costs,
which for 2011 is Five hundred forty-one dollars and nol100 ($541.00) per month. Estimated
operating costs are recalculated annually. It is expected that Operating Costs increase and
decrease from year to year, but in no event should the Operating Expense to tenant ever
increase more than 5%from previous year's CAM costs.
3. Full Force. Except as amended herein, the Lease shall remain in full force and
effect. In the event of any conflict between the terms of the Lease and the terms of this
Amendment, the terms of this Amendment shall prevail
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first
set forth above.
LANDLORD: TENANT:
Rainier Pacific Management,LLC City of Kent, a municipal corporation
of the State of Washington_ of the State �Washington
By: By-
Printed e: Jonathan Tran lint e: Suzette Cooke
an Title: A set-M gei/Owner's Agent c: avor, ity f Kent
Date: `7�/ //( Date. 6
11 I o 11 1 lit 11 t
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Approved as to Form:
City of Kent Law Department
STATE OF WASHINGTON ) i
SS
COUNTY OF KING )
On this 12 V day of. ' 2011,before me,a Notary Public in and for the State of Washington,
personally appeared Jonathan T to me known to be the Owners Agent of Rainer Pacific Management,LLC,
a Washington Limited Liability Corporation,that executed this foiegomg instrument and acknowledged it to be the
free and voluntary act for the uses and purposes mentioned in this instrument and on oath stated that he was
authorised to execute said instrument.
-Notary Seal Must Appear Within This Box-
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`�� NNY�4,�ia IN WITNESS WHEREOF,I have herunto set my hand and official seal the day
j�`1gf1011%iir4��yr-and yeal as above written _
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�a Notary Public for ee State of Wa i on residing at Fit to ell
�tiiphON �"SN� My Appointment expires
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STATE OF WASHINGTON )
SS j
COUNTY OF KING )
On this 2' day of °' ;2011,before me, a Notary Public in and for the State of Washington,
personally appeared Suzette Cooke,to me known to be the Mayor of the City of Kent,a Washington municipal
corporation,that executed this foiegomg instrument and acknowledged it to be the free and volwitaiy act of said
corporation for the uses and purpohas mentioned in this instrument and on oath stated that she was authorized to
execute said instrument
\\\\P\BRIGi t t t Itt -Notary Seal Must Appear IVithin This Box-
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jr OlAR+Aty',,r //i IN WITNESS WHEREOF,I have herunto set my hand and official seal the day
5 u° ? ` N� � and year as above written.
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�tIII OP WAO' Notary Public for the State of ��gtton residing at
My Appointment expnes �%
Exhibit A
211' .i Poo ', uh , I ,iii (1n 1 ., ,1 Amcildm ( nt
REQUEST FOR MAYOR'S SIGNATURE
KtNT Please FIII In All Applicable Boxes
W.,—",.
Routing Information (ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW DEPARTMENT)
Originator: )o Thompson Phone (Originator): 5790
Date Sent. 06/21/11 Date Required: 06/30/11
Return Signed Document to: Jo Thompson CONTRACT TERMINATION DATE: 04/30/2016
VENDOR NAME: Rainier Pacific M mt DATE OF COUNCIL APPROVAL: 06/21/11
Brief Explanation of Document:
First Amendment to Lease Agreement for the Woodmont Plaza Shopping Center Police
Substation.
AN Contracts Must Be Routed Through The Law Department
[��{ hi TE o�ipieted by the Law Department)
RE L.� %
Received.
JO
Approval of Law Dept.: i
L�gVi�Law Dept. Comments: KEPT._ - /
Date Forwarded to Mayor:
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Shaded Areas To Be Completed By Administration Staff
Received:
Recommendations and Comments•
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Disposition: Zy, -✓
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Leturned: