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HomeMy WebLinkAboutCity of Auburn Notice of Lease Termination 3.17.22 March 17, 2022 Don Small & Sons Dist. Co., Inc., Attn: Steve Small P.O. Box: 626 Auburn, WA 98071 [Certified Mail & Personal delivery] RE: Notice of Lease Termination on 220 A Street Northwest (parcel #0492022115) Mr. Small, This is the City’s formal notice to terminate this lease and vacate the property located at 220 A Street Northwest on April 30, 2022. Our records indicate that to this point the City has paid $11,700 which constitutes rent through June 30, 2022. Based on a review of the King County Assessor’s website, the 2022 property taxes assessed for this lot is $2,841.19. In recognition of what the City has paid in upfront rent, the date of lease termination, and what the City’s 2022 property tax obligations will be for this lot, I have included with this notice an invoice in the amount of $2,966.40 with supporting documentation outlined below. Please remit these funds to the City based on terms provided in the invoice. Total Rent Paid = $11,700 (1950 * 6 (Jan – June)) Rent owned 1/1 – 4/30 = $7,800 Overpaid rent = $3,900 (11,700 - $7,800) 2022 RE Tax total = $2,841.19 Per diem RE Tax = $7.78 ($2,841.19/365) #days 1/1 – 4/30 = 120 Total RE Tax owed = $933.60 ($7.78 * 120) Total reimbursement to the City = $2,966.40 ($3,900 - $933.60) Feel free to reach out with any questions or concerns and thank you for allowing the City the opportunity to utilize this property. Respectfully, Josh Arndt – Real Estate Manager, City of Auburn 253.288.4325 Jarndt@auburnwa.gov Invoice #22-036138 Attached INVOICE 22-036138 Page 1 of 1 DATE 4/15/2022 DON SMALL & SONS DIST COL, INC ACCOUNT MM-20220316 PO BOX 626 AUBURN, WA 98071 2,966.40AMT DUE AMOUNT PAID MAKE CHECKS PAYABLE TO THE CITY OF AUBURN PLEASE DETACH AND RETURN WITH YOUR REMITTANCE CITY OF AUBURN DESCRIPTION AMOUNT ATTN: STEVE SMALL ACCOUNTS RECEIVABLE CITY OF AUBURN 25 WEST MAIN STREET AUBURN, WA 98001 DUE DATE 3/16/2022BILL TO: SHIP TO: 2,966.40MISCELLANEOUS Reimbursement to City for (Overpaid Rent of $3,900) MINUS (2022 RE Taxes Owed of $933.60) on Parcel #0492000115 2,966.40Total Amount Due: ACCOUNT NO.PAYABLE UPON RECEIPT CITY OF AUBURN 25 WEST MAIN STREET AUBURN, WA 98001 Please Remit to: MM-20220316 2,966.40