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HomeMy WebLinkAboutBenton Franklin Head Start MLK Lease Addendum No. 1 10.01.15MARTIN LUTHER KING COMMUNITY CENTER MUNICIPAL LEASE AGREEMENT ADDENDUM #1 THIS ADDENDUM to the Municipal Lease Agreement between the City of Pasco, "Lessor", and Benton -Franklin Head Start, "Lessee", for the use of designated space at the Martin Luther King Community Center (Original agreement made on October4, 2010) is entered into on this the day of 10 !I -t, 2015. IN CONSIDERATION of the mutual covenants set out in the original agreement, the Parties agree to changes as follows: 1. Description of Leased Premises shall read: Lessor hereby leases to Lessee approximately 4,900 square feet of space, as shown on the attached Exhibit "A", at the Martin Luther King Community Center, and grant shared use (with the YMCA) of 228 square feet also shown on Exhibit "A' the whole of which is more specifically described as follows: The Martin Luther King Community Center located at 205 South Wehe Street, Pasco, Washington, which is situated in the portion of the NW X of the SW X, Section 28, T.20N, R30E.W.M. Franklin County Washington. a. Exhibit "A": "Exhibit A" will be replaced by the attached Exhibit "A" to reflect the change in the leased space described in Section I above. 2. Term: This lease shall commence on October 1, 2015, for a term of sixty (60) months expiring on September 30, 2020. Lessee shall have the option to renew the lease for periods of the same duration upon givingwritten notice to the Lessor of its intent to exercise the option at least ninety (90) days before expiration of the lease tern and upon agreement between Lessor and Lessee of the appropriate monthly rent during the renewal term of the lease. Notwithstanding the above, either party may terminate this lease prior to the expiration of any lease term by giving the other party one (1) year advance notice of their intent to terminate the lease. 3. Rent: Lessee shall pay Lessor rent for the use of the premises. The rent payment amounts shall be as follows over the life of the agreement: Monthly Rent 2015: $2,340.66 2018: $2,483.93 2016: $2,387.47 2019: $2,533.61 2017: $2,435.22 2020: $2,584.28 Leasehold excise tax is levied pursuant to Chapter 82.29A RCW and shall be above and beyond the rental amount(s) listed above. The Lessee shall faithfully pay this tax when due unless Lessee provides the Lessor with proof of exgmphgrt fmm the Washmeton , tate DePgAtnent of R-evenue. If the leasehold r excise tax levy changes during the term of this Agreement, the tax payable hereunder shall, likewise, be correspondingly changed. Rent and Leasehold tax (if applicable) shall be payable on the first day of each month and sent to: CityofPasco PO Box 293 Pasco WA 99301 There will be a late collection charge of $50.00 for any delinquent rental payment not delivered to the Lessor on or before the 5th day of each month during the term of this Agreement, and shall bear interest at the rate of 1 % percent per month until paid in full. In the event that the monthly operating costs to the Lessor increase by ten percent (10%) or more during the term of this lease, the additional operating costs shall be passed onto the Lessee by an increase in the monthly rental equal to the increase in operating cost. Operating costs include maintenance services, utilities and other direct out -of -the pocket expenses of the Lessor for maintenance and operation ofthe Marlin Luther King Community Center facility. 4. All terms and conditions of the October 4, 2010 Municipal Lease between the Parties, not inconsistent with the terms above, shall remain in full force and effect." IN WITNESS THEREOF, the Parties have executed this addendum on the date and year first written above. CITY OF PA5CQ (4� By. T Rick Terway, City of`Fasco AC&S Director APPROVED AS TO FORM Leland Kerr, City Attorney BEN4Kath RANKLINPD START By: d arson, !rector Exhibit "A" EIVA 1 .0011 I..R KING CENTER