HomeMy WebLinkAbout5087 RESOLUTION NO. 5 0 8 7
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
AUBURN, WASHINGTON, APPROVING THE LEASE
EXTENSION AND ADDENDUM TO LEASE BETWEEN THE
CITY OF AUBURN AND THE BANK OF WASHINGTON
WHEREAS, the City of Auburn has rented property owned by the Bank of
Washington for downtown parking lot purposes, which lease is expiring; and
WHEREAS, it is to the advantage of the City to have available in the downtown
area, parking facilities accessible to City Hall and businesses in the vicinity; and
WHEREAS, the City of Auburn and the Bank of Washington have agreed on an
extension of the current lease at terms that are acceptable to the parties.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN,
WASHINGTON, HEREBY RESOLVES as follows:
Section 1. Extension of Lease. The City Council hereby approves the Lease
Extension Agreement and Addendum to Lease Agreement in substantial conformity with
the copy of which is attached hereto, marked as exhibit "A" and incorporated herein by
this reference.
Section 2. Implementation. The Mayor is authorized to implement such
administrative procedures as may be necessary to carry out the directives of this
legislation.
Section 3. Effective date. This Resolution shall take effect and be in full force
upon passage and signatures hereon.
Dated and Signed this sfi day of 2014.
CITY OF AUBURN
ANCY B C S, MAYOR
ATTEST:
Da 'elle E. Daskam, City Clerk
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Resolution No. 5087
July 15, 2014
Pagel
APPROVED AS TO FORM:
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D e B. e' , City Attorne
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Resolution No. 5087
July 15, 2014
Page 2
Lease Extension Agreement and
Addendum to Lease Agreement
This Lease Extension Agreement and Addendum to Lease Agreement(The Agreement) was
Created on July 11, 2014 between The Bank of Washington (hereafter the Landlord), and The
City of Auburn (hereafter the Tenant) for the property located at 21 South Division & 36 West
Main,Auburn WA.
The Agreement certifies that the parties agree to extend the lease agreement for an additional
time period of two years starting on August 1, 2014 and ending on July 31, 2016.
This lease will be extended at a rate of$2500 per month
The agreement binds the Landlord and the Tenant to the terms and condition of the original
lease dated July 8, 2011. The agreement, along with the attached original lease is the entire
agreement between both parties.
Tenant and landlord agree to the following amendments/additions to the lease dated July 8,
2011:
1)Tenant is responsible for paying real estate taxes for both parcels (Assessor's parcels
#7$1570-0135 򾴂-0115), located at 21 S. Division St. and 36 West Main Street,
respectively.
2)Tenant is granted access from landlord for use of the trash enclosures located on the
premises. Tenant assumes responsibility for maintenance during use and any damages caused
- --- to-the trash enclosures which during the lease and/or use of the property. -
Signed:
4'• v
LU
Jeanne Hansen, SVP, The Bank of Washington A),4 Nc
Landlord , I -Tenant
Date: !tc57 l r Z�l`T Date: JUL 21 2014