HomeMy WebLinkAboutFirst Amendment - Commencement 2-12-20AN11 NDMI, NT TO LEASE
This AMENDMENT TO LEASE ("Amendment") is made and entered into effective as of
_Feb. 12_ 2020_, by and between FEENIX PARKSIDE LLC, a Washington limited
liability company, ("Landlord"), and CITY OF AUBURN, WASHINGTON, a Washington
municipal corporation ("Tenant").
R.ECITAL5:
A. Landlord and Tenant entered into that certain Lease dated as of Jan. 31.2020
(the "Lease" pursuant to which Landlord leased to Tenant and Tenant leased from Landlord
certain "Premises," as described in the Lease, known as the suites located at 2802 & 2806 - 2818
Auburn Way North, Auburn WA 98002,
B. Except as otherwise set forth herein, all capitalized terms used in this Amendment
shall have the same meaning as given such terms in the Lease.
C. Landlord and Tenant desire to amend the Lease to confirm the Commencement
Date and Expiration Date, as hereinafter provided.
NOW, THEREFORE, in consideration of the foregoing Recitals and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto agree as follows;
1. Confirmation of Dates. The parties hereby confirm that (a) the Premises are
Ready for Occupancy, and (b) the Lease Term commenced as of _Feb. 12, �✓,�
2020__ (the "Commencement Date') for a term of 60 Months ending on
Feb. 28, 2025_ _ (the `Expiration Date"), unless sooner terminated as provided
in the Lease.
2. Base Rent. During the Lease Term, the Base Rent payable by Tenant for the
Premises shall be as set forth in the following schedule;
Period of
Lease Term
Annual
Base Rent
Monthly Installment
of Base Rent
SEE SUMMARY OF
BASIC LEASE INFO
ATION
# 8 "BASE RENT"
AND SECTION 3 OFT
E LEASE "RENT."
3. No Further Modification. Except as set forth in this Amendment, all of the terms
and provisions of the Lease shall remain unmodified and in full force and effect.
EXHIBIT E
4-
#1295029 0 /43815.001
1N WITNESS W HEREOF, this Amendment has been executed as of the day and year first
above written,
LANDLORD- FI ENIX PARKSIDE LLC, a Washington limited liability
company,
By:
Name:
Its:
TENANT:. CITY OF AUBURN, WASHINGTON, a Municipal
corporation
By:
ame:
its:
By:
Name:
Its:
t
- I