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HomeMy WebLinkAboutLease Agreement With Classic Helicopter Draft V1 11/1/2020 AIRPORT LEASE AGREEMENT BETWEEN THE CITY OF AUBURN AND CLASSIC HELICOPTER CORP., THIS LEASE AGREEMENT (the "Lease") is entered into this (D4" j{r.eyrbye.h , 2020 by and between the City of Auburn, a Washington municipal corporation("Landlord," or"City") and Classic Helicopter Corp., a Washington Corporation(the "Tenant"). RECITALS: 1.The City owns and operates The Auburn Municipal Airport which has space available for lease; and 2. Classic Helicopter wishes to enter into a lease for space located on airport property for the purpose of aircraft rentals, flight instruction and helicopter tours; and 3. The City of Auburn is authorized by RCW 14.08.120(1)(d) to lease city owned property to Classic Helicopter for the common benefit; and 4. The Auburn City Council approved this Lease through its enactment of Resolution 5560. NOW, THEREFORE, in consideration of their mutual promises set out in this Lease, Classic Helicopter Corp., and The City of Auburn agree as follows: ARTICLE 1: PREMISES LEASED 1.1) For and in consideration of the rent and faithful performance by Tenant of the terms and conditions and the mutual covenants hereof, Landlord agrees lease to Tenant, and Tenant agrees lease from Landlord,the office building on the Auburn Municipal Airport(the"Airport"), located at 400 23rd St. NE (commonly referred to as the "400 Building") together with the seven (7) airplane tie-downs (together "Premises") depicted in Exhibit A attached. Tenant shall also have the non-exclusive use of the seven (7) automotive parking stalls located directly to the east of the 400 building.The Premises is situated in the City of Auburn,County of King,State of Washington. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 1 of 25 Draft V1 11/1/2020 1.2) Tenant acknowledges and agrees that it is relying solely on its inspection and investigation of the Premises, and accepts the property "AS-IS, WHERE IS" in its present condition with no warranties of any kind, expressed or implied, either oral or written, made by Landlord or any employee, agent or representative of Landlord with respect to the physical condition of the Premises. Tenant shall have determined to its satisfaction upon its execution hereof that the Premises can be used for the purposes it intends and which are described in Article 4 below and permitted under this lease. Tenant acknowledges and agrees that neither Landlord nor Landlord's employees,agents,representatives or otherwise have made,and does not make any representations or warranties of any kind or character whatsoever, whether expressed or implied, with respect to the habitability, leaseability or suitability for commercial purposes, merchantability, or fitness for a particular purpose of the Premises. Landlord makes no warranties to the presence or absence of any hazardous substances,wastes or materials as defined by State,Federal or Local Law. Landlord does represent that, to the best of the Landlord's knowledge,without duty of inquiry, there are no hazardous wastes or materials on, in or under the Premises. 1.3) No building,structure,or improvements of any kind shall be erected,placed upon,operated or maintained on the Premises, nor shall any business or operation be conducted or carried on in violation of any ordinance, law, statute, by-law, order, or rule of any governmental agency having jurisdiction thereover. ARTICLE 2: TERM 2.1) Initial Term. The initial term of this Lease shall begin on January 1, 2021 (hereinafter referred to as the "Commencement Date"), and terminate at midnight on December 31, 2024, unless sooner terminated pursuant to any provision of this Lease (the "Term"). If Landlord, for any reason whatsoever, cannot deliver possession of the Premises to Tenant on the Commencement Date, Landlord shall not be subject to any liability nor shall the validity of the Lease be affected; provided, the Term of this Lease shall commence on the date possession is actually tendered to Tenant but the Expiration Date shall not be adjusted. 2.2) Extension Options. Provided that Tenant faithfully performs all of the terms and conditions of this Lease,City grants to Tenant the option to extend the currently effective Lease term for three (3) years, two consecutive times ("Extension Options"). Each of the Extension Options must commence immediately following the conclusion of the prior term without interruption or a delay in the next three year term. Each Extension Option shall be exercisable only by written notice ("Exercise Notice"), which Tenant must deliver to the City in accordance with Article 12 below, between August 1 and August 31 of the then final term year. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 2 of 25 Draft V1 11/1/2020 2.3) Default; Rights Personal. Notwithstanding anything in the foregoing to the contrary, at City's option, and in addition to all of City's remedies under this Lease, at law or in equity, the applicable Extension Option shall not be deemed properly exercised if, as of the date Tenant delivers the applicable Exercise Notice Subtenant has previously been in default under the Lease beyond all applicable notice and cure periods. In addition, each Extension Option is personal to the Original Tenant and may not be assigned or exercised, voluntarily or involuntarily, by or to, any person or entity other than the Original Tenant, and shall only be available to and exercisable by the Original Tenant when the Original Tenant is in actual and physical possession of the Premises. ARTICLE 3: RENT AND LEASEHOLD TAX 3.1) Upon commencement of the Initial Term, Tenant shall pay to the City of Auburn a base rent of$1,550.00 per month for the Premises. In addition to the Base Rent, Tenant shall pay a monthly Security Fee of Ten Dollars ($10.00) per door and a statutory leasehold excise tax of 12.84%of the monthly Base Rent and Security Fee imposed by RCW Chapter 82.29A. The Base Rent, Security Fee and leasehold tax (together "Rent") shall equal $1,749.02 per month for the first year of the Initial Term. Rent shall be paid in full at the office of the Airport Manager or at such other office as may be directed in writing by the City, on the 1st calendar day of the month in advance. Rent shall be paid without notice, demand, offset, abatement or deduction of any kind and should reference: Airport 400 Bldg.Lease. If commencing or extending on a date other than the first(1St) day of the month then the Rent shall be prorated on a per diem basis and paid in full through the end of the current month upon commencement of the Lease. 3.2) Late Charges. Tenant hereby acknowledges that late payments of Rent or any other sums due hereunder will cause the Landlord to incur costs not otherwise contemplated by this Lease. Accordingly, if any installment of Rent or any other sum due from Tenant is not received by the Landlord within ten (10) days after such amount shall be due, then, without any requirement for notice to Tenant,Tenant shall pay the Landlord a late charge equal to 12%of the overdue amount. The parties agree that such late charges represent a fair and reasonable estimate of the costs the Landlord will incur by reason of late payment by Tenant. Acceptance of such late charge by the Landlord shall in no event constitute a waiver of Tenant's default with respect to such overdue amount, nor prevent the Landlord from exercising any of the other rights and remedies granted hereunder. In addition to the late charges provided for in this section, interest shall accrue on rent, or any other sums due hereunder, at the rate of one and one-half percent (1 and 1/2%) per month from the date due until paid in full. 3.3) Option Rent. The annual Base Rent payable by Tenant during the applicable Extension Option(the"Option Rent") shall be determined by the parties. If the parties cannot agree upon the Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 3 of 25 Draft VI 11/1/2020 Base Rent amounts prior to November 1 of the then current final term year, the option shall terminate and this Lease shall terminate on the Expiration Date. In no event shall the Option Rent be less than the current annual rent. ARTICLE 4: PERMISSIBLE USES Tenant shall use the Premises for conducting commercial aeronautical uses only. Tenant acknowledges and agrees that this lease is not subject to RCW 59.18. All Fixed Base Operators (FBO's) shall be subject to Auburn City Code (ACC) 12.56, the Airport Rules and Regulations, and the Auburn Municipal Airport's Minimum Operating Standards,hereby attached for reference. FBO services authorized to be conducted by Tenant on the Premises may include some or all of the following: • Aircraft Leasing or Rental Services • Flight Training Services • Helicopter Tours Additional services may be permitted at the discretion of the Landlord and may be subject to additional requirements and fees. Tenant agrees to remain compliant with the most current version of the Auburn City Code, Airport Rules and Regulations and Minimum Operating Standards as they may be updated and amended during the term and any extended terms of the lease. ARTICLE 5: HOLDOVER& ABANDONMENT 5.1) Holdover. If Tenant remains in possession of the Premises beyond the expiration of the then active Lease, Tenant shall be deemed to be Holding Over the Premises and this shall be referred to as the ("Holdover Period"). Rent during the Holdover Period ("Holdover Rent") shall be charged at an amount equal to double the then current monthly Base Rent. The Holdover Rent shall be subject to the Security Fee and State Leasehold Excise Tax described in Article 3.1. Upon agreement of an extension or otherwise new Lease between Tenant and Landlord, Landlord shall pro-rate the Holdover Rent for the Holdover period. If a new agreement cannot be reached and active negotiations cease to exist then this Lease shall automatically convert to a month-to-month term with rent continuing at the Holdover Rent amount. 5.2) Abandonment. Abandonment of the leased premises, or vacation or desertion of said Premises for a period of thirty (30) days shall be deemed a default of this Lease and it shall be lawful for Landlord, its attorneys or representative to re-enter into and repossess the premises. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 4 of 25 Draft V1 11/1/2020 ARTICLE 6: MAINTENANCE 6.1) Landlord's Responsibilities. Landlord shall, at their own cost and expense, be responsible for repair and maintenance of the following: the exterior of the 400 Building including: Exterior walls, roof, gutters, downspouts, foundation, exterior doors and windows. Landlord shall also be responsible for repair and maintenance of all sidewalks, landscaping, parking lots, Airport perimeter fencing and access gates (vehicular & pedestrian), with the exception of the doorbell and remote notification and access system that opens the pedestrian gate adjacent to the 400 building.The doorbell system is for the sole benefit of the Tenant and therefore shall be maintained by Tenant at Tenant's sole cost. Landlord shall not be required to repair damage which results from the act of negligence by the Tenant, his agents, servants, or employees. If Landlord refuses or neglects to complete repairs, either promptly or adequately, Tenant may, but shall not be required to complete the repairs and Landlord shall pay the costs thereof. 6.2) Tenant's Responsibilities. Tenant shall, at their own cost and expense be responsible for repair and maintenance to the interior of the 400 Building, which shall include but not be limited to: interior walls, ceiling, flooring, electrical, wiring, electrical fixtures, plumbing, plumbing fixtures, and heating and air conditioning equipment. Tenant shall further be responsible at their sole cost and expense, for the repair and maintenance of the remote notification, doorbell and access system that opens the pedestrian gate adjacent to the 400 building and for their own janitorial and janitorial supplies. Tenant shall not be required to repair damage which results from acts of negligence by the Landlord, his agents, servants or employees, or when such damage is caused by any peril included within the Landlord's property insurance coverage. If Tenant refuses or neglects to commence or complete repairs within thirty days of written notice by the Landlord, Landlord may,but shall not be required to commence or complete the repairs and Tenant shall pay the costs thereof to Landlord on demand. 6.3) Natural Disaster or Act of God. In the event that the Premises is damaged due to a natural disaster or act of God, if the cost of repairing or reconstructing the Premises to the condition and form immediately prior to such damage or destruction does not exceed thirty-three percent(33%) of the then new replacement cost thereof, then Landlord shall effect such repair, restoration, and reconstruction of the Premises so damaged or destroyed to substantially their condition prior to said damage or destruction in a timely manner. All such work shall be carried out in accordance with plans and specifications prepared by a licensed architect or engineer if such an architect or engineer is reasonably required given the scope and nature of the work. Tenant shall continue to owe Landlord the rent and other monies due under this lease to the extent that the premises remains useable to Tenant (pursuant to Article 4 of this lease) during such period of reconstruction and/or restoration. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 5 of 25 Draft V1 11/1/2020 6.4) If the cost of repairing, restoring or reconstructing the Premises to the condition and form immediately prior to such damage or destruction exceeds thirty-three percent (33%) of the then new replacement cost thereof, then Landlord, in its sole discretion may elect by written notice to Tenant given within thirty (30) days after the date of the damage to terminate this Lease. If no notice of termination is given then all obligations set forth in this Lease shall continue, including but not limited to Rent obligations of the Tenant. In no event shall Landlord be responsible for damage to Tenant's personal property located on or within the Premises. 6.5) Damage Due to Fire. If the Premises is damaged or destroyed by a fire that the local fire authority determines the Tenant did not cause, Sections 6.3 and 6.4 above shall apply. If the local Fire Authority determines that the Tenant caused such fire (by itself or through a guest, agent, employee, student or otherwise), then Tenant shall pay the cost of repair, restoration, reconstruction or replacement of the Premises. Repairs, reconstruction or replacement of the Premises shall be done in a commercially reasonable manner and with the approval of the Landlord and all obligations under this Lease, including Rent shall remain in full force during such period of repair, restoration, reconstruction or replacement. ARTICLE 7: ENVIRONMENTAL PROVISIONS 7.1) Tenant covenants to defend, indemnify, and hold Landlord harmless from any imposition or attempted imposition by any person upon Landlord of any obligation or cost ("liability") of whatever form, including, without limitation, damages; claims; governmental investigations, proceedings or requirements; attorney fees in investigation, at trial or administrative proceeding, or on appeal;witness or consultant costs;or any other liability to the extent that such liability arises from a violation, or from the failure to satisfy a requirement of any environmental or land use law or regulation, proximately resulting from Tenant's use of the Premises during the term of this Lease, and without regard to when the liability is asserted. 7.2) Tenant has inspected the Premises and accepts it in its present condition. Tenant shall not cause the premises to be contaminated in any way and in the event of contamination shall immediately report such contamination to Landlord and shall cause any such contamination to be remedied by that method recognized by Washington State Department of Ecology and shall indemnify and hold Landlord harmless from all costs involved in implementing the remedy. 7.3) Any other provision of this Lease to the contrary notwithstanding, Tenant's breach of any covenant contained in this Article 9 shall be an Event of Default empowering Landlord, in addition to exercising any remedy available at law or in equity or otherwise pursuant to this Lease, to terminate this Lease and to evict Tenant from the Premises forthwith, or to terminate Tenant's right to possession only without terminating this Lease. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 6 of 25 Draft V1 11/1/2020 7.4) Tenant shall notify Landlord within twenty-four (24) hours of any release of a reportable quantity of any hazardous substance (as defined by CERCLA, 42 U.S.C. §§9601, et. seq. and/or RCW 70A.305, the Washington Model Toxics Control Act), or of the receipt by Tenant of any notices, orders or communications of any kind from any governmental entity which relate to the existence of or potential for environmental pollution of any kind existing on or resulting from the use of the Premises or any activity conducted thereon. If Tenant fails to comply with any of the requirements of this article, Landlord may undertake, without cost or expense to Landlord, any actions necessary to protect Landlord's interest including steps to comply with such laws. ARTICLE 8: INSURANCE COVERAGE,INDEMNIFICATION/HOLD HARMLESS 8.1) Insurance. In accordance with Article 4 of the Auburn Municipal Airport Minimum Operating Standards, as may be amended from time to time, a copy of which can be found at auburnmunicipalairport.com/documents-and-forms hereby incorporated by this reference,Tenant shall at all times have in effect the following types of minimum amounts of insurance as applicable to the business to be conducted: (I) Commercial General Liability insurance in the amount of$1,000,000 per occurrence and $1,000,000 annual aggregate. Such insurance shall contain contractual liability insurance covering applicable leases, licenses,permits, or agreements. (II) Commercial/business automobile liability insurance for all owned, non-owned and hired vehicles assigned to or used in performance of commercial aeronautical activities in the amount of at least$300,000 per occurrence. If any hazardous material,as defined by any local, state or federal authority, is the subject,or transported, in the performance of this contract,an endorsement is required providing$1,000,000 per occurrence limits of liability for bodily injury and property damage. (III) Special Causes of Loss Property Form covering all improvements and fixtures on the commercial airport operator's premises in an amount no less than the full replacement cost thereof, to the extent of the commercial airport operator's insurable interest in the premises. (IV) Worker's compensation insurance as required by law and employer's liability insurance in the amount of $100,000 per accident, $100,000 disease per person, $500,000 disease policy limit. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 7 of 25 Draft VI 11/1/2020 (V) Aircraft liability insurance in the amount of at least $1,000,000 per occurrence single limit Bodily Injury and Property Damage Liability including Passengers. (VI) Hangar keeper's liability insurance in the amount of at least$1,000,000 per occurrence, or more as values or Landlord require. (VII) Products-completed operations liability insurance in the amount of at least $1,000,000 per occurrence. (VIII) If applicable, Tenant shall maintain Environmental Impairment Liability coverage for any underground or aboveground fuel storage facility, tank, underground or aboveground piping, ancillary equipment, containment system or structure used, controlled, constructed or maintained by Tenant in the amount of $1,000,000 each incident, $2,000,000 aggregate. The policy shall cover on-site and off-site third party bodily injury and property damage including expenses for defense, corrective action for storage tank releases and tank clean-up for storage tank releases. 8.2) In addition to the types and amounts of insurance required in Article 8.1 above, Tenant shall at all times maintain such other insurance as the Landlord may reasonably determine to be necessary for Tenant's airport activities. 8.3) All insurance shall be in a form and from an insurance company with Best's financial rating of at least a B++. All policies, except worker's compensation policy, shall name the City and its elected or appointed officials, officers, representatives, directors, commissioners, agents and employees as "Additional Insured", and the Tenant shall furnish certificates of insurances evidencing the required coverage cited herein prior to engaging in any commercial aeronautical activities. Such certificates shall provide for unequivocal thirty (30) day notice of cancellation or material change of any policy limits or conditions. 8.4) The Tenant's insurance coverage shall be primary insurance as respects Landlord. Any insurance, self-insurance, or insurance pool coverage maintained by Landlord shall be in excess of the Tenant's insurance and shall not contribute with it. 8.5) Indemnification/Hold Harmless. The Tenant shall defend, indemnify, and hold harmless Landlord, its officers, officials, employees and volunteers from and against any and all claims, suits, actions, or liabilities for injury or death of any person, or for loss or damage to property, which arises out of Tenant's use of Premises, or from the conduct of Tenant's business, or from any activity,work or thing done,permitted,or suffered by Tenant in or about the Premises,except only such injury or damage as shall have been occasioned by the sole gross negligence or willful misconduct of Landlord. Solely for the purpose of effectuating Tenant's indemnification obligations under this Lease, and not for the benefit of any third parties (including but not limited Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 8 of 25 Draft VI 11/1/2020 to employees of Tenant), Tenant specifically and expressly waives any immunity that may be granted it under applicable federal, state or local Worker Compensation Acts, Disability Benefit Acts or other employee benefit acts.Furthermore,the indemnification obligations under this Lease shall not be limited in any way by any limitation on the amount or type of damages, compensation or benefits payable to or for any third party under Worker Compensation Acts, Disability Benefit Acts or other employee benefit acts. The parties acknowledge that the foregoing provisions of this Section have been specifically and mutually negotiated between the parties. ARTICLE 9: ASSIGNMENT AND SUBLETTING 9.1) Transfers. Tenant shall not (a) voluntarily or by operation of law, assign, encumber or transfer all of Tenant's interest in this Lease; and(b)without the prior written consent of Landlord, voluntarily or by operation of law, sublet or license any part of Tenant's interest in this Lease or in the Premises or permit any part of the Premises to be used or occupied by any person other than Tenant, its employees, customers and others having lawful business with Tenant (all of the foregoing under this subsection (b) are hereinafter sometimes referred to collectively as "Transfers" and any person or entity to whom any Transfer is made or sought to be made is hereinafter sometimes referred to as a"Transferee"). If Tenant shall desire Landlord's consent to any Transfer, Tenant shall notify Landlord in writing, which notice (the "Transfer Notice") shall include: (i) the proposed effective date of the Transfer,which shall not be less than thirty(30) days nor more than ninety(90) days after the date of delivery of the Transfer Notice; (ii) a description of the portion of the Premises to be transferred (the "Subject Space"); (iii) all of the terms of the proposed Transfer and the consideration thereof,the name and address of the proposed Transferee; and (iv)the nature of Transferee's business operations, proposed uses of the Subject Space and any other information required by Landlord, which will enable Landlord to determine the character, and reputation of the proposed Transferee, nature of such Transferee's business and proposed use of the Subject Space, and such other information as Landlord may reasonably require. Each time Tenant requests Landlord's consent to a proposed Transfer, whether or not Landlord shall grant consent, within thirty (30) days after receipt of the Transfer Notice, as additional rent hereunder, Landlord shall be entitled to receive that amount designated as Lease/Sublease/Transfer Application Review Fee in the most current City of Auburn Fee Schedule. Landlord's failure to provide Tenant with a written response to the Transfer Notice within thirty(30)days shall be deemed to the granting of consent by the Landlord to said Transfer. Except as provided in the foregoing sentence, any attempted Transfer made without Landlord's prior consent shall be wholly void and shall constitute a breach of this Lease. 9.2) Landlord's Consent. Upon due consideration of the Permitted Uses, Landlord shall not unreasonably withhold its consent to any proposed Transfer on the terms specified in the Transfer Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 9 of 25 Draft V1 11/1/2020 Notice. The parties hereby agree that it shall be reasonable under this Lease and under any applicable Law for Landlord to withhold consent to any proposed Transfer where one or more of the following apply, without limitation as to other reasonable grounds for withholding consent: (i) in Landlord's judgment, the Transferee is of a character or reputation or engaged in business which is not consistent with the quality of the Airport; (ii)the Transferee intends to use the Subject Space for purposes which are not permitted under this Lease; (iii) in Landlord's judgement, Transferee's intended use of the Subject Space do not qualify as an aeronautical use; (iv) the proposed Transfer would cause Landlord to be in violation of another lease or agreement to which Landlord is a party, or would give an Airport tenant a right to cancel its lease; (v)the terms of the proposed Transfer will allow the Transferee to exercise a right of renewal,right of expansion,right of first offer, or other similar right held by Tenant (or will allow the Transferee to occupy space leased by Tenant pursuant to any such right);or(vi) either the proposed Transferee, or any person or entity which directly or indirectly, controls, is controlled by, or is under common control with, the proposed Transferee, (A) occupies space in the Airport at the time of the request for consent (B) is negotiating with Landlord to lease space on the Airport at such time, or (C) has negotiated with Landlord for space on the Airport during the twelve(12)month period immediately preceding the Transfer Notice. If Landlord consents to any Transfer pursuant to the terms of this Section 9.2, Tenant may within ninety (90) days after Landlord's consent, enter into such Transfer of the Premises or portion thereof, upon substantially the same terms and conditions as are set forth in the Transfer Notice furnished by Tenant to Landlord pursuant to Section 9.1 above, provided that if there are any changes in the terms and conditions from those specified in the Transfer Notice (1) such that Landlord would initially have been entitled to refuse its consent to such Transfer under this Section 9.2,or(2)which would cause the proposed Transfer to be more favorable to the Transferee than the terms set forth in Tenant's original Transfer Notice,Tenant shall again submit the Transfer to Landlord for its approval and other action under this Article 9.Notwithstanding anything to the contrary in this Lease,if Tenant or any proposed Transferee claims that Landlord has unreasonably withheld or delayed its consent under Section 9.2 or otherwise has breached or acted unreasonably under this Article 9, their sole remedies shall be a suit for contract damages (other than damages for injury to, or interference with, Tenant's business including, without limitation, loss of profits, however occurring) or declaratory judgment and an injunction for the relief sought, and Tenant hereby waives all other remedies, including, without limitation, any right at law or equity to terminate this Lease, on its own behalf and, to the extent permitted under all applicable Laws, on behalf of the proposed Transferee. 9.3) Effect of Transfer. If Landlord consents to a Transfer, (i) the terms and conditions of this Lease shall in no way be deemed to have been waived or modified, (ii) such consent shall not be deemed consent to any further Transfer by either Tenant or a Transferee, (iii) Tenant shall deliver to Landlord, promptly after execution, an executed copy of all documentation pertaining to the Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 10 of 25 Draft V1 11/1/2020 Transfer in form reasonably acceptable to Landlord and (iv) no Transfer relating to this Lease or agreement entered into with respect thereto, whether with or without Landlord's consent, shall relieve Tenant or any guarantor of the Lease from any liability under this Lease,including,without limitation, in connection with the Subject Space. In the event that Tenant subleases all or any portion of the Premises in accordance with the terms of this Article 9, Tenant shall cause such subtenant to carry and maintain the same insurance coverage terms and limits as are required of Tenant , in accordance with the terms of Article 8 of this Lease. 9.4) Occurrence of Default. Any Transfer hereunder shall be subordinate and subject to the provisions of this Lease, and if this Lease shall be terminated during the term of any Transfer, Landlord shall have the right to: (i) treat such Transfer as cancelled and repossess the Subject Space by any lawful means, or (ii) require that such Transferee attorn to and recognize Landlord as its landlord under any such Transfer. If Tenant shall be in default under this Lease after the expiration of any applicable notice and cure period, Landlord is hereby irrevocably authorized to direct any Transferee to make all payments under or in connection with the Transfer directly to Landlord (which Landlord shall apply towards Tenant's obligations under this Lease) until such default is cured. Such Transferee shall rely on any representation by Landlord that Tenant is in default hereunder, without any need for confirmation thereof by Tenant. Upon any Transfer the Transferee shall assume in writing all obligations and covenants of Tenant thereafter to be performed or observed under this Lease. No collection or acceptance of rent by Landlord from any Transferee shall be deemed a waiver of any provision of this Article 9 or the approval of any Transferee or a release of Tenant from any obligation under this Lease, whether theretofore or thereafter accruing. In no event shall Landlord's enforcement of any provision of this Lease against any Transferee be deemed a waiver of Landlord's right to enforce any term of this Lease against Tenant or any other person. ARTICLE 10: UTILITIES 10.1) Tenant shall be responsible for establishing and maintaining direct accounts with the City of Auburn and any other public or private providers of utilities used in or charged against the Premises as appropriate and to hold the Landlord harmless from any such charges. Such utilities shall include but not be limited to: power, water, sewer, storm, phone and internet. Trash and recycling service is expressly excluded from this requirement. As part of their Rent, Tenant is entitled to use Airport trash receptacles to dispose of office related refuse. 10.2) Except to the extent caused by the gross negligence or intentional misconduct of Landlord or its agents, employees or contractors, failure by Landlord to any extent to furnish or cause to be furnished the utilities or services described in this Lease, or any cessation or interruption thereof, Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 11 of 25 Draft VI 11/1/2020 resulting from any cause, including without limitation, mechanical breakdown, overhaul or repair of equipment, strikes, riots, acts of God, shortages of labor or material, compliance by Landlord with any voluntary or similar governmental or business guidelines,governmental laws,regulations or restrictions, or any other similar causes, shall not render the Landlord liable in any respect for damages to either person or property, for any economic loss or other consequential damages incurred by Tenant as a result thereof,be construed as an eviction of Tenant,result in an abatement of rent, or relieve Tenant from its obligation to perform or observe any covenant or agreement contained in this Lease. ARTICLE 11: ESTOPPEL 11.1) Estoppel Certificate. At the request of the Tenant in connection with a transfer of its interest in this Lease, Landlord shall execute and deliver a written statement identifying it as the Landlord under this Lease and certifying: (I) The documents that then comprise this Lease (II) That this Lease is in full force and effect (III) The then current annual amount of rent and the date through which it has been paid (IV) The expiration date of this Lease (V) That no amounts are then owed by Tenant to Landlord (or, if amounts are owed, specifying the same) (VI) To the knowledge of Landlord,there are no defaults by Tenant under this Lease or any facts which but for the passage of time, the giving of notice or both would constitute such a default (VII) Remaining rights to renew the term of this lease to the extent not theretofore exercised The party acquiring Tenant's interest in the Lease shall be entitled to rely conclusively upon such written statement. ARTICLE 12: NOTICES Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 12 of 25 Draft V1 11/1/2020 Any notice, consent, approval or other communication given by either party to the other relating to this Lease shall be in writing, and shall be delivered in person, sent by certified mail, return receipt requested,sent by reputable overnight courier,or sent by other approved forms of electronic communication(with evidence of such transmission received)to such other party at the respective addresses set forth below (or at such other address as may be designated from time to time by written notice given in the manner provided herein). Such notice shall, if hand delivered or personally served, be effective immediately upon receipt. If sent by certified mail, return receipt requested, such notice shall be deemed given on the third business day following deposit in the United States mail, postage prepaid and properly addressed; if delivered by overnight courier, notice shall be deemed effective on the first business day following deposit with such courier; and if delivered by electronic communication, notice shall be deemed effective when sent. The notice addresses of the parties are as follows: To the City: Real Property Management Attn: Josh Arndt/Property Manager 25 West Main St. Auburn, WA 98001 253.931.3000 Jarndt@auburnwa.gov With Copies to: Airport Management Attn: Tim Mensonides/Airport Manager 2143 E Street NE Auburn, WA 98002 253.333.6821 Tmensonides@auburnwa.gov To the Tenant: Classic Helicopter Corp. Attn: Dan Dolan/Owner 400 23r1 St NE Auburn, WA 98002 360.840.9544 Dan@Seattleairtaxi.com ARTICLE 13: INSPECTION, ACCESS AND POSTED NOTICES Landlord and any of its agents shall at any time upon seventy-two (72) hours advance, written notice to Tenant,have the right to go upon and inspect the Premises provided, however,that in the event the Landlord determines, in its sole and absolute discretion, that an emergency situation exists on or adjacent to the Premises, no advance notice to Tenant is required and Landlord may Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 13 of 25 Draft V1 11/1/2020 immediately go upon and inspect the Premises. Landlord shall have the right to serve, or to post and to keep posted on the Premises, or on any part thereof, any notice permitted by law or by this Lease, any other notice or notices that may at any time be required or permitted by law or by this Lease. Landlord shall not be liable in any manner for any inconvenience, disturbance, loss of business, or other damages arising out of Landlord's entry on the Premises as provided in this Section except for such damage that is caused directly by, or through the gross negligence of, Landlord, their employees, agents, or representatives. ARTICLE 14: DEFAULT AND REMEDIES 14.1 Tenant shall be in default under this Lease if any rent or other payment due from Tenant hereunder remains unpaid for more than thirty(30) days after the date it is due; (ii)Tenant files a voluntary petition in bankruptcy or makes a general assignment to the benefit of, or a general arrangement with, creditors; (iii) there is an involuntary bankruptcy filed against Tenant that has not been dismissed within thirty (30) days of filing; (iv) Tenant becomes insolvent; or (v) a receiver,trustee, or liquidating officer is appointed for Tenant's business; or(vi) if Tenant violates or breaches any of the other covenants, agreements, stipulations or conditions herein, and such violation of breach shall continue for a period of thirty (30) days after written notice of such violation or breach is sent to Tenant,then Landlord shall have the rights and remedies provided in this Article 14, in addition to any other right or remedy available at law or equity (all notice and cure periods set forth above are in lieu of and not in addition to any notice required pursuant to applicable unlawful detainer/eviction statutes). 14.2 Upon any default under this Lease, Landlord may reenter the Premises in the manner then provided by law,and remove or put out Tenant or any other persons found therein.No such reentry shall be construed as an election on Landlord's part to terminate this Lease unless a written notice of such intention is given to Tenant. 14.3 Upon default the Landlord may elect to re-let the Premises or any part thereof upon such terms and conditions, including rent, term and remodeling or renovation, as Landlord in its sole discretion may deem advisable.To the fullest extent permitted by law,the proceeds of any reletting shall be applied: first, to pay Landlord all costs and expenses of such reletting (including without limitation,costs and expenses incurred in retaking or repossessing the Premises,removing persons or property therefrom, securing new Tenants, and, if Landlord maintains and operates the Premises, the costs thereof); second, to pay any indebtedness of Tenant to Landlord other than rent; third, to the rent due and unpaid hereunder; and fourth, the residue, if any, shall be held by Landlord and applied in payment of other or future obligations of Tenant to Landlord as the same Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 14 of 25 Draft V1 11/1/2020 may become due and payable, and Tenant shall not be entitled to receive any portion of such revenue. 14.4 Landlord may also elect to terminate the Lease and all rights of Tenant by giving notice to Tenant of such election. If Landlord elects to terminate the Lease, Landlord shall have the right to reenter the Premises and remove all persons, and to take possession of and remove all equipment and fixtures of Tenant in the Premises, in the manner then provided by law. Tenant hereby waives all damages that may be caused by Landlord's reentering and taking possession of the Premises or removing or storing the property thereof, and Tenant shall save Landlord harmless therefrom, and no such reentry shall be considered a forcible entry. If Landlord so elects to terminate the Lease, Landlord may also recover from Tenant : (I)The worth at the time of the award of the unpaid rent which had been earned at the time of termination; (II)The worth at the time of the award of the amount by which the unpaid rent which would have been earned after termination until the time of the award exceeds the amount of rental loss that the Tenant proves could have been reasonably avoided; (III) The worth at the time of the award of the amount by which the unpaid rent for the balance of the term after the time of the award exceeds the amount of rental loss that the Tenant proves could be reasonably avoided; (IV) Any other amount necessary to compensate the Landlord for all the detriment proximately caused by the Tenant 's failure to perform its obligations under the Lease or which in the ordinary course of things would be likely to result therefrom; and (V) At Landlord's election, such other amounts in addition to or in lieu of the foregoing that may be permitted from time to time by applicable law. The "worth at the time of the award" of the amounts referred to in paragraphs (I) and (II) above is computed by allowing interest at twelve percent (12%). The "worth at the time of the award"of the amount referred to in paragraph(III)above is computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of the award plus one percent (1%). 14.5) Nothing in this Article 14 shall be deemed to affect Landlord's right to indemnification for liability or liabilities arising prior to termination of this Lease for personal injury or property damage under the indemnification provisions or other provisions of this Lease. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 15 of25 Draft V1 11/1/2020 ARTICLE 15: RETENTION OF AIRSPACE 15.1) Landlord retains the public and private right of flight for the passage of aircraft in the airspace above the surface of the property hereinbefore described, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft, now known or as hereinafter used, for navigation of or flight in said airspace and for use of said airspace for taking off from, landing on or operating at Auburn Municipal Airport. 15.2) Landlord reserves the right to further develop or improve the landing area of the Auburn Municipal Airport as it sees fit, regardless of the desires or view of the Tenant and without interference or hindrance. 15.3) Landlord reserves the right to maintain and keep in repair the landing area of the Auburn Municipal Airport and all publicly-owned facilities of the Airport,together with the right to direct and control all activities of the Tenant in this regard. 15.4) This Lease shall be subordinate to the provisions and requirements of any existing or future agreement between the Auburn Municipal Airport and the United States, relative to the development, operation, and maintenance of the Airport. 15.5) Tenant agrees to comply with the notification and review requirements covered in 14 C.F.R. Part 77 in the event any construction is planned for the Premises, or in the event of any planned modification or alteration of any present or future Improvements or structure situated on the Premises. 15.6) Tenant agrees that it will not erect nor permit the erection of any structure or object, nor permit the growth of any tree on the Premises to exceed the established height contours. In the event the aforesaid covenants are breached, Landlord shall give written notice to the Tenant specifying the breach. If Tenant does not take action to correct the breach within ten (10) days of receipt of said notice, the Landlord reserves the right to enter upon the Premises hereunder and to remove the offending structure or object and cut the offending tree, all of which shall be at the expense of Tenant. 15.7) Tenant, by accepting this Lease, agrees that it will not make use of the Premises in any manner which might interfere with the landing and taking off of aircraft from Auburn Airport or otherwise constitute a hazard. In the event the aforesaid covenant is breached, Landlord reserves the right to enter upon the Premises hereby leased and cause the abatement of such interference at the expense of Tenant. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 16 of 25 Draft VI 11/1/2020 15.8) It is understood and agreed that nothing herein contained shall be construed to grant or authorize the granting of an exclusive right within the meaning of Section 308a of the Federal Aviation Act of 1958 (49 U.S.C. Section 1349a). 15.9) This Lease and all the provisions hereof shall be subject to whatever right the United States Government now has or in the future may have or acquire, affecting the control, operation, regulation, and taking over of the Auburn Airport by the United States during the time of the war or national emergency. 15.10) Landlord reserves the right to take any action it considers necessary to protect the aerial approaches of the Auburn Airport against obstructions, together with the right to prevent Tenant from erecting or permitting to be erected any building or other structure on the Premises which, in the opinion of Airport or the Federal Aviation Administration, would limit the usefulness of the Auburn Airport or constitute a hazard to aircraft. 15.11) Tenant, as well as Tenant's assignees and subleases, and the agents, employees and customers thereof,shall have the rights of access to and use of all areas and facilities of the Auburn Airport which are intended for the common use of all Tenants and occupants of the Auburn Airport, including but not limited to the take-off and landing areas, taxi areas, reasonable access thereto from the Premises, and air control facilities. ARTICLE 16: FEDERAL AVIATION ADMINISTRATION 16.1) Tenant agrees: (I) to prevent any operation on the Premises which would produce electromagnetic radiations of a nature which would cause interference with any existing or future navigational aid or communication aid serving Auburn Municipal Airport, or which would create any interfering or confusing light or in any way restrict visibility at the Airport; and (II)to prevent any use of the Premises, which would interfere with landing or taking off of aircraft at Auburn Municipal Airport, or otherwise, constitute an aviation hazard. 16.2) Landlord reserves the right during the term of this Lease or any renewal and/or extension thereof to install air navigational aids including lighting, in, on, over, under, and across the Premises in the exercise of any of the rights hereof. Landlord agrees to give Tenant no less than ninety(90) days'written notice of its intention to install such air navigational aids. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 17 of 25 Draft VI 11/1/2020 ARTICLE 17: NON-DISCRIMINATION 17.1) Tenant for himself, his heirs, personal representatives, successors in interest, and assigns, as a part of the consideration hereof,does hereby covenant and agree that in the event facilities are constructed, maintained, or otherwise operated on the Premises described in this lease agreement for a purpose for which a Department of Transportation ("DOT") program or activity is extended or for another purpose involving the provision of similar services or benefits, the Tenant shall maintain and operate such facilities and services in compliance with all other requirements imposed by 49 C.F.R. Part 21 as now enacted or as hereafter amended. 17.2) Tenant for themselves, their personal representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree that: 1) no person on the grounds of race, color, sex, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to, discrimination in the use of said facilities, 2) that in the construction of any improvements on, over, or under the Premises and the furnishing of services thereon, no person on the grounds of race, color, sex, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subjected to discrimination, and 3)that the Tenant shall use the Premises in compliance with all other requirements imposed by 49 C.F.R. Part 21 as now enacted or as hereafter amended. 17.3) If the tenant breaches any of the above non-discrimination covenants, Landlord shall have the right to terminate this Lease agreement and to re-enter and repossess said Premises and the facilities thereon, and hold the same as if said lease agreement has never been made or issued. This provision does not become effective until the procedures of 49 C.F.R. Part 21 are followed and completed, including expiration of appeal rights. 17.4) Tenant shall furnish its accommodations and/or services on a fair, equal, and not unjustly discriminatory basis to all users thereof and it shall charge fair, reasonable, and not unjustly discriminatory prices for each unit or service, provided that Tenant may be allowed to make reasonable and nondiscriminatory discounts, rebates, or other similar types of price reductions to volume purchasers. 17.5) Noncompliance with Article 17 above shall constitute a material breach thereof and, in the event of such noncompliance, Landlord shall have the right to terminate this Lease and the estate hereby created without liability therefor or, at the election of the Landlord or the United States, either or both said Governments shall have the right to judicially enforce the provisions of said Article 17.4. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 18 of 25 Draft VI 11/1/2020 17.6) Tenant agrees that it shall insert Articles 17.1 — 17.5 in any lease, license, or sublease agreement by which said Tenant grants a right or privilege to any person, firm, or corporation to render accommodations and/or services to the public on the Premises herein leased. 17.7) The Tenant assures that during this tenancy it will undertake an Affirmative Action program as required by 14 C.F.R. Part 152,Subpart E to ensure that no person shall on the grounds of race, creed, color, national origin, or sex, be excluded from participating in any covered employment activities. . The Tenant assures that no person shall be excluded on these grounds from participating in or receiving the services or benefits of any program or activity covered by this Sub-part E. The Tenant assures that it will require that its covered suborganizations provide assurances to the Tenant that they similarly will undertake Affirmative Action programs, and that they will require assurances from their suborganizations, as required by Sub-part E, to the same effort. ARTICLE 18: ATTORNEY'S FEES AND COSTS If by reason of default on the part of either party to this Lease agreement it becomes necessary to employ an attorney to recover any payments due hereunder or to enforce any provision of this Lease, the prevailing party, whether such party be the successful claimant or the party who successfully defended against the claim of the other party, shall be entitled to recover a reasonable attorney's fee and to be reimbursed for such costs and expenses as may have been incurred by such prevailing party. ARTICLE 19: MISCELLANEOUS 19.1 Signage. Tenant shall have the right at their sole cost and expenses to install and maintain two wall mounted, illuminated or non-illuminated signs on the 400 building. Any additional wall mounted or free standing signage shall be subject to separate cost considerations and will be addressed in a separate addendum to this Lease. All signage shall be subject to and in accordance with the ACC18.56, and Airport design standards, if any. No sign will be allowed that may be confusing to aircraft pilots or automobile drivers or other traffic. 19.2) Security. Landlord shall have no obligation to provide security to the Premises. If reasonably required by Landlord, Tenant shall provide adequate lighting to provide for all-night illumination of the Taxilane apron of all buildings on the Premises, including aprons, aircraft tiedown areas,vehicular parking lots, and pedestrian walkways surrounding the Premises. Tenant may,but need not,employ security persons. If at any time during the term of this Lease,additional security requirements are imposed on the Auburn Municipal Airport by the FAA or any other Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 19 of 25 i Draft V1 11/1/2020 agency having jurisdiction, and such additional security requirements apply to the Premises, Tenant agrees to comply with said security requirements that affect the Premises, at Tenant's sole expense, upon being notified of such requirements in writing by Landlord. If Landlord is fined by FAA for a security violation caused by negligence of Tenant , or any of Tenant's sub-Tenants, Tenant shall immediately reimburse Landlord upon demand. 19.3) No Brokers. Tenant represents and warrants to Landlord that it has not engaged any broker, finder or other person who would be entitled to any commission or fees in respect of the negotiation, execution or delivery of this Lease and shall indemnify and hold harmless Landlord against any loss, cost, liability or expense incurred by Landlord as a result of any claim asserted by any such broker, finder or other person on the basis of any arrangements or agreements made or alleged to have been made by or on behalf of Tenant. 19.4) Regulatory Compliance. The Tenant agrees, at its sole cost and expense, to conform to, comply with and abide by all lawful rules, codes, ordinances, requirements, orders, directions, laws,regulations and standards of the United States,the State of Washington, and City of Auburn or agency of any of said entities, including rules and regulations of Landlord, including without limitation those relating to environmental matters, and regulations set forth by the Environmental Protection Agency, now in existence or hereafter promulgated, applicable to the Tenant's use and operation of said Premises, including the construction of any improvements thereon, and not to permit said Premises to be used in violation of any of said rules,codes, laws or regulations.Tenant shall pay all costs, expenses, liabilities, losses, damages, fines, penalties, claims, and demands, including reasonable counsel fees, that may in any manner arise out of or be imposed because of the failure of Tenant to comply with the covenants of this section. 19.5) Liens & Insolvency. Tenant shall keep the Premises free from any liens. In the event Tenant becomes insolvent,voluntarily or involuntarily bankrupt, or if a receiver,assignee or other liquidating officer is appointed for the business of the Tenant, then the Landlord may cancel this Lease at Landlord's option. 19.6) Non Waiver. Waiver by Landlord of any term, covenant or condition herein contained or any breach thereof shall not be deemed to be a waiver of such term, covenant, or condition or of any subsequent breach of the same or any other term, covenant, or condition herein contained. 19.7) Force Majeure. Except for the payment of Rent,Additional Rent or other sums payable by Tenant to Landlord,time periods for Tenant's or Landlord's performance under any provisions of this Lease shall be extended for periods of time during which Tenant's or Landlord's performance is prevented due to circumstances beyond Tenant's or Landlord's control, including without limitation, strikes, embargoes, shortages of labor or materials, governmental regulations, acts of God,war or other strife. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 20 of 25 Draft V1 11/1/2020 19.8) Severability. If any term, covenant, or condition of this Lease (or part thereof) or the application thereof to any person or circumstance is, to any extent, invalid or unenforceable, the remainder of this Lease (and/or the remainder of any such term, covenant or condition), or the applicability of such term, covenant or condition to persons or circumstances other than those to which it is held invalid or unenforceable, shall not be affected thereby and each term, covenant or condition (or part thereof) of this Lease shall be valid and be enforced to fullest extent permitted by law. 19.9) Choice of Law, Integration, and Interpretation. This Lease and the rights of the parties hereunder shall be governed by and interpreted in accordance with the laws of the State of Washington and venue for any action hereunder shall be in King County,Washington.This Lease, together with any subsequent amendments or addendums, constitutes the entire agreement of the parties and no other understandings, oral or otherwise, regarding this Lease shall exist or bind any of the parties.All captions,headings or titles in the paragraphs or sections of this Lease are inserted for convenience of reference only and shall not constitute a part of this Lease or act as a limitation of the scope of the particular paragraph or sections to which they apply. Construction of this Lease shall not be affected by any determination as to who is the drafter of this Lease, this Lease having been drafted by mutual agreement of the parties. 19.10) Gate Cards. Tenant shall coordinate with the Airport Manager upon Commencement of the Lease to determine and checkout the appropriate number of gate cards needed for sufficient operations at the Airport. Tenant shall be responsible for the management of the gate cards issued and responsible for the actions of any person that gains access using the cards and shall not make the gate cards available to anyone not affiliated with Tenants operations. Tenant shall promptly report any gate cards that have been lost, stolen or not returned to the Airport Office and must obtain replacement cards per the current fee schedule prices. Upon termination or expiration of the Lease without any extensions thereof, Tenant shall immediately and without notice or demand return the gate cards to the Office of the Airport Manager. 19.11) Gate Codes. Gate codes will be provided for personnel gate access onto the Airport. Gate codes are subject to change as determined and in the sole discretion of the Landlord. Tenant shall be notified prior to changing of the gate codes and it shall be the responsibility of the Tenant to notify their customers and employees of said change.Tenant shall immediately notify the Landlord and the office of the Airport Manager if the codes need to be changed to prevent access from a customer or employee to maintain security. 19.12) Authority. Each party hereto warrants that it has the authority to enter into this Lease and to perform its obligations hereunder and that all necessary corporate action to authorize this transaction has been taken, and the signatories,by executing this Lease,warrant that they have the authority to bind the respective parties. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 21 of 25 Draft V1 11/1/2020 19.13) Airport Rules and Regulations. Tenant, Tenant's customers, guests, representatives, directors, officers and employees, are subject to and shall at all times abide by the Airport Rules and Regulations as may be amended from time to time. A copy of which are located at auburnmunicipalairport.com/documents-and-forms and are hereby incorporated by this reference. ARTICLE 20: SIGNATURE By signing in the space below, the TENANT ACKNOWLEDGES HAVING READ AND UNDERSTOOD AND AGREES TO THE CONTENTS OF THIS AGREEMENT. [Signatures on following page] Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 22 of 25 Draft VI 11/1/2020 Dated and Signed this 1 It day of V.e cenjj el ,20 2.0. Classic Helicopter Corp.,: • -451.40, - Dan D+,4= 'resident STATE OF WASHINGTON ) )ss. County of*-1111/%11:51\1 The undersigned Notary Public hereby certifies:That on this l't day of Wt rtesa- 202¢ ,personally appeared before me Txtt•I tactAt (name), t AGN (title),to me known to be the individual(s)described in and who executed the within instrument,and acknowledged that he/she signed and sealed the same as'his/her free voluntary act and deed,for the purposes and uses therein mentioned,and on oath stated that elshe was duly authorized to execute said document on behalf of 1j&cctc, tk ALO?1 -cry' In Witness Whereof I have hereunto set my hand and affixed my official seal the day and year first above written. Notary Public �+iVtt. State of Washington NoPublicin`atnd for the State of Washington, Aubrey Sathem Residing at '41.4A, \jv My Commission Expires. My commission expires W\1'{`-j 'l,2,0 V.4 May 7,2024 Classic Helicopter Corp/COA Airport 400 Bldg.Lease Page 23 of 25 Resolution 5560 ...._____.....___.. Draft VI 11/1/2020 Dated and Signed this 1(1) day of kroner , 20 010 . CITY OF AUBURN: ANCY KUS, Mayor Approved as to form: City Attorney: Kendra Comeau STATE OF WASHINGTON ) ) ss. County of V-Mn, ) The undersigned Notary Public hereby certifies: That on this I day of lte, bo , 11 appeared before me 1s Gt (name), 20 10,personallyil� Mau�OY o& A-4Ctk pF Weikatitle),to me own to be the individual(s)described in and w o executed the within instrument, and acknowledged that he/she signed and sealed the same as his/her free and voluntary act and deed, for the purposes and uses therein mentioned, and on oath stated that he/she was duly authorized to execute said document on behalf of The. C o ALLbc xn . In Witness Whereof I have hereunto set my hand and affixed my official seal the day and year first above written. \``•\‘‘‘\\\1111111 ' P H S0 #,, r1 �� 1, 4 �/� ��* oT� +,,0,,�� e• Notary Public in and for State of Washington, v `' R� , Residing at RU ��1 w ss oI 1a-22 2021 05 ' My commission expires N 4&80G = I /,1110 11WA SN\�.�``.. Classic Helicopter Corp/COA Airport 400 Bldg.Lease Resolution 5560 Page 24 of 25 Draft V1 11/1/2020 EXHIBIT A Premises AMIE MO NW f. • 1 al . 4F ice # 1-4 "'•� miss Classic Helicopter Corp/COA Airport 400 Bldg.Lease—Exhibit A Page 25 of 25 Resolution 5560