Item Number: ___________
5a Lease
Date of Meeting: June
_________
THIRD AMENDMENT TO LEASE
28, 2011
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,"

Un
offi
Do
cia
cum l
ent

W I T N E S S E T H :
nto a Term Lease agreement
agre
agree
3, 1996,
WHEREAS, the parties entered into
dated July 23,

oximately 62,844 square feet of yard space a
hereinafter called the "Basic Lease," off approximately
at
ington, at a monthly ren
re
.64; and
nd
Shilshole Bay Marina, Seattle, Washington,
rental of $9,860.64;

ow wish to amend the
t Basic
B
o increase the
he leased ar
a
WHEREAS, the parties now
Lease to
area

orty one
ne (1,541) square feet, effective
e July 1, 2011, with
wit a
by one thousand five hundred forty
tal;
corresponding increase in rental;

E, in consideration of their
th mutual promises,
omises,
s, the parties hereby
here
her
NOW THEREFORE,
agree

as follows:
1.

ased
sed area is increased from 62,844 square
e feet to 64,385
64,38 square
s
The leased
feet,

effective July 1, 2011.
11.
2.

The total
payable
by Lessee
al monthly rental
re
p
essee is increased from $9,860.64 to

$10,102.44, effective
on the following
ffective July 1, 2011, based
ba
b
llowing calculations:
ations:
64,385 sf

yard
space
ace

@ $1.88288
$1
$1.882
88
21,229.22 /yr ÷ 12 = $10,102.44 /mo.*
/sf/yr = $121,229.22

*plus applicable
applicab taxes.
3.

Exhib
i attached hereto
ereto and incorporated
incorpora
h
Exhibit "A" is
herein."

4.

Except a
d herein,
herei alll pro
as expressly amended
provisions of the Basic Lease (as

previously
iously amended) shall remain in
n full force and effect.

1

IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment as of
the day and year first above written.
PORT OF SEATTLE
a municipal corporation

SEAVIEW BOATYARD WEST, INC.

By
____
Its _______________________________
LESSOR

By_______________________________
Its_______________________________

Un
offi
Do
cia
cum l
ent

Notary to Th
Third Amendment to Lease
se
with SEAVIEW
EAVIEW B
BOA
T, INC.
BOATYARD WEST,
at Shilshole Bay Marina
Ma
.

STATE OF WASHINGTON )
) ss.
COUNTY OF KING
)

On this
day of
, 20
, before me,, the undersigned
ersigned notary
notar
no
shington,
on, duly commis
commiss
worn, personally
ersonally appeared
appear
public in and for the State of Washington,
commissioned and sworn,
, to me know
known to be the
of the PORT O
OF SEATTLE,
E, a municipal
unicipal corpora
corporatio
corporation, the
e foregoing
ing instrument, and acknowledged
edged said
aid instrument tto be the
corporation that executed the
corporation for the uses
s and purposes
poses therein
free and voluntary act and deed of said corporation,
ated that he was duly a
e the same.
mentioned, and on oath stated
authorized to execute

and
nd and official seal hereto
he
her
nd year
ar in this Certifica
WITNESS my hand
the day and
Certificate first above

written.

___________________
____________
__________________________________
blic in and for the State of
Notary Public
on, residing
ng at _______
____
Washington,
______________.
ointment
nt expires ______________.
______
_____
My appointment

(ACKNOW
(ACKNOWLE
OR CORPORATE
ORPORATE LES
(ACKNOWLEDGMENT
FOR
LESSEE)

ASHINGTON )
STATE OF WASHINGTON
) ss.
NTY OF ___________
__________ )
COUNTY

On this _____
_________
_ day of ___________________,
_________
____________
____________________
20___, before me,
ersonally appeared
ared ___________________________________________________
____
_
___________________
_____________
personally
and
__________________
____________________
________________,
__________, to me known to be the
_____________________________________________,
__________________
___________________
sident and
d the ___________________________
_______
_________________________
President
Secretary,
pectively of the corporation
cor
an foregoing instrument, and
respectively
that executed the within and
edged said iinstrument to be the free and volunta
acknowledged
voluntary act and deed of said corporation, for
oath stated that they were authorized to
the uses and purpo
purposes therein mentioned, and on o
at the seal affixed is the
t corporate seal of said corporation.
execute said instrument and that
OF I have hereunto se
IN WITNESS WHEREOF
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 _______________________.

2

122-24-29 W

19

28.5 m.

122-24-28 W

122-24-27 W

Seaview
West, Inc.
eaview Boatyard
Boa

Amendment Premises

122-24-26 W

122-24-26 W

Map
p center: 47° 40' 36.47" N, 12
122° 24' 27.5" W

122-24
122-24-25
W

122-24-25 W

47-40-35.0 N

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.

9.5

122-24-28
22-24-28 W

122-24-27 W

Un
of i
Do
cia
cum l
ent

122-24-29 W

47-40-36.0 N
47-40-3

0

47-40-37.0 N

47-40-36.0 N

47-40-37.0 N

47-40-35.0 N

Seaview Boatyard
rd West,
W
Inc.
Inc

Scale: 1:325

EXHIBIT A