HomeMy WebLinkAboutBenton Franklin Head Start MLK Lease Addendum No. 2 10.01.20MARTIN LUTHER KING COMMUNITY CENTER
MUNICIPAL LEASE AGREEMENT
ADDENDUM NO.2
THIS ADDENDUM NO. 2 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 October 4, 2010 and Addendum #1
on 101112015) is entered into on this the-i!"�d'ay of /U,,-rA Ck- , 2021.
IN CONSIDERATION of the mutual covenants set out in the original agreement, the Parties
agree to changes as follows:
1. Term: This lease extension shall commence on October 1, 2020, for a term of
sixty (60) months expiring on September 30, 2025.
Either party may terminate this lease prior to the expiration by giving the other
party one (1) year advance notice of their intent to terminate the lease.
2. 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 ?dent
2020: $2,584.28 2023: $2,742.46
2021: $2,635.96 2024: $2,797.31
2022: $2,688.68 2025: $2,853.25
Leasehold excise tax i s levied pursuant to Chapter 82.29A RCW and shall be
above and beyond the rental amount(s) listed above. The Lessee shall faithfully
DAY this tax when due unless Lessee -orovides the Lessor with proof of exemotion
from the Washington State Department of Revenue. Ifthe leasehold 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:
City of Pasco
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 '/2 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 of the Martin Luther King Community Center facility.
3. Improv_ements
In the event that substantial improvements are undertaken at the premises, lessor
will contact lessee not less than forty-five (45) days prior to the commencement
of design and/or construction.
IN WITNESS THEREOF, the Parties have executed this addendum on the date and year first
written above.
CITY OF PASCO
By:
Dave Zabell, Ci r
APPROVED AS TO FORM:
BENTON-FRANKLINN HEAD START
Kathy Parson, irector