HomeMy WebLinkAbout2024-0039 - - 30-Day Termination Notice Rainier Flight Services LLC Docusign Envelope ID: 1028EE6E-0A7B-42AD-9224-DAB790980E73
AIRPORT LEASE AGREEMENT BETWEEN THE CITY OF AUBURN AND
RAINIER FLIGHT SERVICES, LLC
"30-DAY TERMINATION NOTICE"
I. RECITALS:
1. The City of Auburn("City") as Landlord and Rainier Flight Services, LLC ("Rainier") as
Tenant(collectively the "Parties") entered into a month-to-month lease agreement dated
3/31/2023 (the"Lease");
2. Section 2.2 of the Lease allows either Party to terminate the Lease by providing the other
with 30-days prior written notice of its election to terminate;
3. The Parties intend to enter into a long-term lease for space that includes Rainier's
Premises as described in the Lease as well as additional space soon to be vacated by
another tenant;
4. In order to execute a new, long-term lease, the Parties must first terminate this Lease.
NOW, THEREFORE, in consideration of their mutual promises set forth,The City and Spanaflight
agree as follows:
II. NOTICE:
The City is hereby serving Notice that it elects to terminate this Lease on October 31, 2024
("Termination Date") subject to the following conditions:
1) Approval of Resolution 5786 by the Auburn City Council,
2) The East Room has been vacated by SpanaFlight, LLC.
3) The Parties have executed a new lease, which lease is set to commence on
11/1/2024.
If the Parties have executed a new lease and that lease is set to commence on a date later
than the 11/1/2024 date stated above,then the Parties agree that the Termination Date shall
become that date which is the day before the commencement date of the new lease and
rents for this Lease shall be pro-rated accordingly.
Should the Parties fail to reach agreement on a new lease by October 31, 2024, then this
30-Day Termination Notice shall be null and void.
SpanaFlight,LLC/COA Early Termination Agreement
Airport Administration Building/East Room(Lease Agreement authorized under Resolution 5696)
Resolution 5786(Early Termination) Page 1 of 2
Docusign Envelope ID: 1028EE6E-0A7B-42AD-9224-DAB790980E73
CITY RAINIER FLIGHT SERVICES,LLC
Do�by: DocuSigned by:
9/23/2024 aleihtA, Ra d, 9/23/2024
Nancy Backus, Mayor Date Gordon Alvorc�, Owner Date
Approved as to form:
(—Signed by.
M a/
Jason ialen, City Attorney
SpanaFlight,LLC/COA Early Termination Agreement
Airport Administration Building/East Room(Lease Agreement authorized under Resolution 5696)
Resolution 5786(Early Termination) Page 2 of 2