1
THIRD AMENDMENT TO LEASE
BETWEEN
PORT OF SEATTLE AND SEAVIEW BOATYARD WEST, INC.
SHILSHOLE BAY MARINA
THIS THIRD AMENDMENT TO LEASE made as of __________________, 2011, by and
between the PORT OF SEATTLE, a Washington municipal corporation, hereinafter called "the
Port," and SEAVIEW BOATYARD WEST, INC., a Washington corporation, hereinafter called
"Lessee,"
WITNESSETH:
WHEREAS, the parties entered into a Term Lease agreement dated July 23, 1996,
hereinafter called the "Basic Lease," of approximately 62,844 square feet of yard space at
Shilshole Bay Marina, Seattle, Washington, at a monthly rental of $9,860.64; and
WHEREAS, the parties now wish to amend the Basic Lease to increase the leased area
by one thousand five hundred forty one (1,541) square feet, effective July 1, 2011, with a
corresponding increase in rental;
NOW THEREFORE, in consideration of their mutual promises, the parties hereby agree
as follows:
1. The leased area is increased from 62,844 square feet to 64,385 square feet,
effective July 1, 2011.
2. The total monthly rental payable by Lessee is increased from $9,860.64 to
$10,102.44, effective July 1, 2011, based on the following calculations:
64,385 sf
yard
space
@ $1.88288 /sf/yr = $121,229.22 /yr ÷ 12 = $10,102.44 /mo.*
*plus applicable taxes.
3. Exhibit "A" is attached hereto and incorporated herein.”
4. Except as expressly amended herein, all provisions of the Basic Lease (as
previously amended) shall remain in full force and effect.
Unofficial
ESSETESS
nto a Term Lease agreeTerm Lease agre
f approximately 62,844 oximately 62,844
ington, at a monthly renat a monthly re
ow wish to amend the Bto amend t
orty one (1,541) square ne (1,541) square
tal;
ased area is increased sed area is increased
11.
The total monthly rental pal monthly re
ffective July 1, 2011, baJuly 1, 2011, b
yard
space ace
@ $1.882@$188
*plus applicable taxes.applicab
3. Exhibit "A" iExhib
4. Except a
4. Except a
iously amended)iously amended)
U
Document
July 23, 1996, 3, 1996,
of yard space at space a
.64; and nd
o increase the leased arhe leased a
e July 1, 2011, with a 1, 2011, wit
omises, the parties heres, the parties her
square feet to 64,385 se feet to 64,38
essee is increased fromis increased from
llowing calculations: ations:
= $121,229.22 /yr ÷21,229.22 /yr ÷
ereto and incorporated hand incorpora
amended herein, d herei
all prol pro
in full force and effect. n full force and effect.
Item Number: ___________
Date of Meeting: _________
June 28, 2011
5a Lease
2
IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment as of
the day and year first above written.
PORT OF SEATTLE SEAVIEW BOATYARD WEST, INC.
a municipal corporation
By ____
By_______________________________
Its _______________________________ Its_______________________________
LESSOR
Notary to Third
Amendment to Lease
with SEAVIEW BOATYARD WEST, INC.
at Shilshole Bay Marina .
STATE OF WASHINGTON )
) ss.
COUNTY OF KING )
On this
day of , 20 , before me, the undersigned notary
public in and for the State of Washington, duly commissioned and sworn, personally appeared
, to me known to be the
of the PORT OF SEATTLE, a municipal corporation, the
corporation that executed the foregoing instrument, and acknowledged said instrument to be the
free and voluntary act and deed of said corporation, for the uses and purposes therein
mentioned, and on oath stated that he was duly authorized to execute the same.
WITNESS my hand and official seal hereto the day and year in this Certificate first above
written.
__________________________________
Notary Public in and for the State of
Washington, residing at ______________.
My appointment expires ______________.
(ACKNOWLEDGMENT FOR CORPORATE LESSEE)
STATE OF WASHINGTON )
) ss.
COUNTY OF ___________ )
On this ____________________ day of ___________________, 20___, before me,
personally appeared ___________________________________________________ and
_____________________________________________, to me known to be the
_________________________ President and the ___________________________ Secretary,
respectively of the corporation that executed the within and foregoing instrument, and
acknowledged said instrument to be the free and voluntary act and deed of said corporation, for
the uses and purposes therein mentioned, and on oath stated that they were authorized to
execute said instrument and that the seal affixed is the corporate seal of said corporation.
IN WITNESS WHEREOF I have hereunto set my hand and affixed my official seal the
day and year first above written.
___________________________________________
Notary Public in and for the State of
_________________, residing at ________________.
My appointment expires _______________________.
Unofficial
Notary to Third Notary to Th
l
with SEAVIEW BOA
EAVIEW B
at Shilshole Bay Ma
Shilshole Bay Ma
ci
, 20 , 20
i
shington, duly commisson, duly commis
c
, to me know, to me know
c
of the PORT OPORT
e foregoing instrument, ing instrument,
deed of said corporationdeed of said corporation
ated that he was duly aated that he was duly a
and and official seal hernd and official seal he
(ACKNOWLE(ACKNOW
OF WASHINGTON ) ASHINGTON )
)
NTY OF ___________ NTY OF __________
On this _________this _____
ersonally appeared ____ared _
______________________________________
___________________
__________________
pectively of the corpectively of the cor
edged said iedged said
purpo
Document
se
se
T, INC. INC.
, the undersigned notarersigned no
worn, personally appearersonally appear
E, a municipal corporatiounicipal corpora
edged said instrument taid instrument
s and purposes therein poses therein
execute the same. e the same.
nd year in this Certificaar in this Certifica
_______________________________
blic in and for the State and for the State
on, residing at _______ng at ____
ointment expires ______nt expires _____
OR CORPORATE LESORPORATE LES
_ day of ____________of _________
________________________________
________________, to __________, to
sident and the _______d the _______
executed the within anexecuted the within an
be the free and voluntabe the free and
mentioned, and on oath mentioned, and on o
at the seal affixed is theat the seal affixed is t
OF I have hereunto seOF I have hereunto se
Seaview Boatyard West, Inc.
0 9.5 19 28.5 m.
This map is a user generated static output from an Internet mapping site and is for general
reference only. Data layers that appear on this map may or may not be accurate, current, or
otherwise reliable. THIS MAP IS NOT TO BE USED FOR NAVIGATION.
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Amendment Premises
Seaview Boatyard West, Inc.
EXHIBIT A
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