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HomeMy WebLinkAboutUnderwood Farms Lease FW-1087 Addendum No. 1ADDENDUM NO.1 CITY OF PASCO Agricultural Lease No. FW-1087/(11� THIS ADDENDUM is entered into this &— day of lil) 2017, by and between the City of Pasco, Washington, a Municipal Corporation, h wafter referred to as "Lessor", and Underwood Farms, LLC, hereinafter referred to as "Lessee." WHEREAS, the parties have previously entered into that certain Agricultural Lease No. FW -1087, dated April 3, 2017. NOW, THEREFORE, in consideration of the mutual covenants provided herein, the parties agree as follows: That Section 4 entitled "Rent", subsection (b), shall be amended and shall read as follows: "(b) Total rent includes Washington State Leasehold Tax in the amount of 12.84% which Lessor shall deduct from total rent payment and remit to State. [Total rent of $454,500 = actual rent of $402,782.70 + 12.84% tax of $51,717.301 2. All remaining terms of the Agricultural Lease No. FW -1087 to the extent that they are not in conflict with any of the provisions of this Addendum No. 1, shall remain in full force and effect and be fully enforceable by either party. DATED the day and year first written above. LESSOR LESSEE: City of Pasco Underwood Farms, LLC Dave a ell, City Manager By: Authorized Officer Approved as to Form: Leland B. Kerr, City Attorney Addendum No. 1 Agricultural Lease No. FW -1087 - 1 STATE OF WASHINGTON ) ss County of Franklin On this day personally appeared before me DAVE ZABELL, City Manager of the City of Pasco, Washington, described in and who executed the within and foregoing instrument, and acknowledged that he signed the same as his free and voluntary act and deed for the uses and purposes therein mentioned. GIVEN under my hand and official seal this -N:aay of TONI L. ZUNKER NOTARY PUBLIC STATE OF WASHINGTON COMMISSION EXPIRES MARCH 3, 2020 Notary Public in Residing at _ My Commission Expires STATE OF WASHINGTON ) ss County of Franklin 2017. On this day personally appeared before me�Sc+ra2� f 'w� , UrJOS?_WoOb of the , described in and who executed the within and foregoing instrument, and acknowledged that he signed the same as his free and voluntary act and deed for the uses and purposes therein mentioned. GIVEN under my hand and official seal this 14 day of Au6,)ST 2017. Notary Pubfic in and for th ate of Washington Residing at _ ('J'A'I My Commission Expires f es: 4� Z'0z0 Addendum No. 1 Agricultural Lease No. FW -1087 - 2