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HomeMy WebLinkAboutPD11-160 - Other - PWRP Kent LLC - Panther Lake Police Substation Termination - 10/06/2020 PWRP - KENT LLC October 6, 2020 v i Kent Police Department Attn: Kent Police Chief 220 4"' Avenue South Kent, WA 98032 Sent Via—Federal Express Re: Panther Lake Shopping Center Kent,WA—Space A2 License Agreement Dear Sir or Madam, Please reference that certain Shopping Center License Agreement dated March 18,2011, as amended by the First Amendment to Shopping Center License Agreement dated March 18, 2014,the Second Amendment to Shopping Center License Agreement dated September 19, 2017,and the Third Amendment to Shopping Center License Agreement dated May 5, 2020, (collectively, referred to herein as the"License Agreement") for the Licensed Premises known as Space A2(10842 SE 20811' Street, Kent, WA)at Panther Lake Shopping Center, Kent, WA ("Shopping Center'). Capitalized terns used in this notice shall have the meanings given to them in the License Agreement, unless otherwise defined herein. Per Article 1(C)of the License Agreement, Licensor and Licensee shall each have the right to terminate the License Agreement at any time upon not less than thirty(30)days written notice to the other party. Effective December 31,2020 the License Agreement shall terminate(the License Agreement "Termination Date"). Licensee shall vacate the Licensed Premises,remove all personal property and any improvements made to the Licensed Premises and Shopping Center during its tenancy,and surrender the Licensed Premises and all keys in its possession, in good condition and repair by the Termination Date. Licensee shall have no further interest in the Licensed Premises beyond December 31,2020. Prior to Licensee's complete vacation of said Licensed Premises, Licensee shall contact and coordinate a walk-through of the Licensed Premises with the Property Manager referenced below. Please acknowledge your acceptance by signing below where indicated and return a copy to the undersigned via email no later than November 1, 2020. Licensor: Licensee: PWRP— KENT LLC, KENT JOLICE DEPARTMENT a Delaware Ijui6ed liability company 77 By: C B Name: Jay Nai Title: Co-President Title: StSTMxT D ]au-, 5743 Corsa Avenue,Suite 215-Westlake Village,CA 91362 Tel.818.575.6006 Fax 805.435.7482 www.usrpartners.com Kent Police Depariniew—License Agreemen! Terininalion Notice Ocloher 0, 2020 Page 7 Property Manager: ,tones Lan- LaSalle Americas, Inc. Curt Thornburg, Property Manager l uin (206)949-2497 cc: Curt Thornburg, JLL