HomeMy WebLinkAbout3065parties have agreed to continue all conditions of the original fixed -base Lease as
amended except for the condition expressly stated below.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN,
WASHINGTON, IN A REGULAR MEETING DULY ASSEMBLED, HEREWITH
RESOLVES AS FOLLOWS:
Section 1. The fixed -base Lease approved by the CITY pursuant to
Resolution No. 866, Resolution No. 893, Resolution No.2003 and Resolution
No.2965, wherein the CITY leases certain space to SKY SERVICES at the
Auburn Municipal Airport, is hereby amended to include the following condition:
1. NEW RENTAL RATE: The new rental rate shall be
computed as follows:
a. immediately upon adoption of this resolution by the City
Council, the rental rate shall be computed based upon
$0.18 per square foot per year plus State Leasehold Tax.
b. On October 1, 2000, the lease rate shall increase to
$0.20 per square foot per year plus State Leasehold tax.
c. On February 1, 2002, the lease rate shall increase to
$0.22 per square foot plus State Leasehold Tax.
d. On June 1, 2003, the lease rate shall be amended for the
subsequent five year period subject to the terms of the
lease.
Section 2. The Mayor is hereby authorized to implement such
administrative procedures as may be necessary to carry out the directives of this
legislation.
DATED and SIGNED this L day of)V2y�999.
/ CITY /OF AUBURN
CHARLES A. BOOTH
MAYOR
Resolution No. 3065
March 5, 1999
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ATTEST:
Danielle E. Daskam,
City Clerk
APPROVED AS TO FORM:
Michael J. Reynolds,
City Attorney
SKY SERVICES, INC.
By:
BILL BLACKWOOD, President
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AIRPORMES3065A
Resolution No. 3065
March 5, 1999
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