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HomeMy WebLinkAboutL11-025 - Other - Addendum #2 - Puget Sound Regional Fire Authority - 407 N. Washington Ave, Kent - 08/24/2017 i mecords Management 9G7T Document 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 Dame: Puget Sound Regional Fire Authority (fka Kent Fire Department R'FA) Vendor Dumber: JD Edwards Number Contract Dumber: Ljj - 15' This is assigned by City Clerk's Office Project Name: Washington Avenue North Lease [description: 0 Interlocal Agreement EJ Change Order ❑ Amendment E Contract 0 Other: Second Addendum to Lease Agreement Contract Effective Date: 8/23/17 Termination Gate: Notice Contract Renewal Notice (Days): Number of days required notice for termination or renewal or amendment Contract Manager: Pat Fitzpatrick Department: Law Contract Amount: Approval Authority: F-1 Department director Mayor ❑ City Council Detail: (i.e. address, location, parcel number, tax id, etc.): Second Addendum to Lease Agreement to extend the time period for termination of the City Leasehold interest. As of: 08/27/14 SECOND ADDENDUM TO LEASE AGREEMENT BETWEEN THE CITY OF KENT AND THE PUGET SOUND REGIONAL FIRE AUTHORITY FOR THE WASHINGTON AVENUE NORTH SITE THIS SECOND ADDENDUM TO LEASE AGREEMENT (hereinafter "ADDENDUM") is between the PUGET SOUND REGIONAL FIRE AUTHORITY (fka Kent Fire Department Regional Fire Authority), a Washington municipal corporation, with offices located at 24611 116th Avenue Southeast, Kent, Washington 98032, ("RFA") and the CITY OF KENT, a municipal corporation of the State of Washington, with offices located at 220 4th Avenue South,Kent, Washington 98032 ("City"and"Tenant"). RECITALS 1. Pursuant to the creation of the RFA in July 2010, the City sold to the RFA for $1.00 real property legally described in Exhibit A attached and incorporated herein and located at 407 Washington Avenue North,Kent, Washington ("Property"). The RFA leased a portion of the Property back to the City pursuant to a Lease Agreement dated July 1, 2010"Lease." 2. The RFA subsequently leased the entire Property to the City pursuant to the First Addendum executed in March 2013. In accordance with the First Addendum, the City made improvements to the Property. 3. The Parties have been engaged in good faith discussions regarding the RFA's exchange of its remaining interests in the Property to the City in consideration for a vacant lot owned by the City at the northwest corner of 110h Avenue SE and SE 2480, Street, as well as nonmonetary consideration needed to establish equity in the exchange. Nonmonetary consideration(s) may be in the form of assistance in establishing an equitable development plan and infrastructure that meets the needs of the City and the RFA at property located in the Kent valley and/or Kent's west or east hill areas. 4. The City would like to have its leasehold interest protected during the continued negotiations. 5. The RFA is agreeable to extending the time period for termination of the City's Leasehold interest. AGREEMENT In consideration of the mutual benefits and promises contained herein, the parties agree to the following addendum to the Lease SECOND ADDENDUM TO LEASE AGREEMENT BETWEEN KENT AND THE RFA FOR WASHINGTON AVENUE NORTH PROPERTY - 1 1. Amended Provision. 1.1. Section 3.4 of the Lease is replaced in its Entirety by the Following 3.4 Early Termination, The RFA may terminate this Lease prior to the Termination Date if the RFA intends, to use the Property for RFA purposes. The RFA shall provide Tenant at least one year prior written notice of its intention to terminate the Lease. Tenant shall allow the RFA, reasonable access to the Property, consistent with Section 15 of the Lease, during the one year notice: period for purposes of the RFA planning for its future use of the Property. The Tenant may also terminate this Lease prior to the Termination Date upon giving RFA at least sixty (60) days prior written notice of its intention to terminate the Lease early. IN WITNESS, the parties below execute this MOU, which shall become effective on the last date entered below. RFA: CITY: Puget Sound City of Kent: Regional Fire Authority: By: Suzette, C Print Name: Jim Schneider Pr nt Suzette Cooke Its Fire Chief Its Mayor DATE: DATE:- SECOND ADDENDUM TO LEASE AGREEMENT BETWEEN KENT AND THE RFA FOR WASHINGTON AVENUE NORTH PROPERTY - 2 REQUEST FOR MAYOR'S SIGNATURE 16 T l-Drink: or) Cherry-Colored Paper KEN Routing information: (ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW DEPARTMENT) Approved by Director�_ Originator: Pat Fitzpatrick Phone (Originator): x5770 Date Sent: 8/23/17 Date, Required: 8/25/17 Return Signed Document to: Cheryl Rolcik-Wilcox Contract Termination Cate: Notice VENDOR NAME: Date Finance Notified: (Only required on contracts n/a Puget Sound Regional Fire Author it y $20,000 and over or on any Grant) DATE OF COUNCIL APPROVAL 10 Date Risk Manager Notified:n/a 6/15/20 (Required on Non-City Standard Contracts/Agreernents) Has this Document been, Spedficall Account Number: Authorized in the Budget? OYES g NO Brief Explanation of Document: Second Addendum to Lease Agreement for the Washington Avenue North Site to extend the time period for terminaition of the City's leasehold interest. RPli us't Be flouted Throw 7 e Law Department Department) Received: ZO pt pawl, Approval of Law De h ? :)MM s. Law Dept. Co men:ts: D�te 1:111M 1101 Shaded Areas To Be Completed By Administration Staff Aljr 2 4 Received: Off cit y f , 0 ir of ent ,e Recommendations and Cornments: 1 Vi Y 0 r 'Disposition: Date Returned: L- P ZwN