14-221.00 Northwest Christian Schools Lease Expansion LEASE AMENDMENT
THIS AGREEMENT, by and between CITY OF SPOKANE VALLEY, whose mailing address
is 11707 East Sprague Avenue, Spokane Valley Washington, 99206 (hereinafter referred to as "Lessee"),
and NORTHWEST CHRISTIAN SCHOOLS, a nonprofit corporation (hereinafter referred to as
"Lessor"); and
WHEREAS, The City Of Spokane Valley, as Lessee, and Northwest Christian Schools , as
Lessor, entered into a Lease Agreement for Suites 101, 103, 104, 105, 106, 304, Suite B-3 and B-4
warehouse space as noted below on March 22, 2013, a copy of which is attached hereto as Exhibit"A;"
and
WHEREAS, the parties wish to amend the agreement to release the Lessee's obligation on Suite
B-3 and add to the agreement the lease of Suite 102.
NOW, THEREFORE, for and in consideration of the recitations set forth above, the terms and
provisions herein contained, and the mutual benefits to be derived herefrom, the parties do hereby
contract, covenant and agree as follows:
1. Change in Premises. The Premises shall be modified to release the Lessee's obligation on
Suite B-3 consisting of 3,290 sq. ft. and add to the agreement Suite 102,consisting of 3,304 sq. ft.
2. Premises Leased. Lessee will now lease 25,950 square feet within the Clocktower Building,
noted as follows: Suites 101,102, 103, 104, 105, 106 and 304. As well as B-4, 2,300 square feet of
warehouse space in the west wing building. All as shown on Exhibit"B"attached hereto.
3. Amendments to Lease. Lessee and Assignee hereby agree to amend certain provisions under
the Lease as follows:
a. NNN Charges. Property Taxes, Utilities, Maintenance, Insurance, Administrative &
Common Area Maintenance shall continue to be paid by Lessee for Suite B-4 as
follows: 2,300 sq. ft. of 42,672 total CAM sq. ft, or 5.389% of building premises.
CAM charges are billed quarterly.
b. Rent:
Monthly rent for the period of December 2014 (or such date as Lessee takes
possession)through March 2015 shall be as follows:
Clocktower Suites: $34,093.48
B-4(base rate): $ 721.73
Total Monthly Rent: $34,815.21
Monthly rent for the period of April 2015 through March 2016 shall be as follows:
Clocktower Suites: $34,775.36
B-4(base rate): $ 736.16
Total Monthly Rent: $35,511.52
Monthly rent for the period of April 2016 through March 2017 shall be as follows:
Clocktower Suites: $35,470.87
B-4 (base rate): $ 750.88
Total Monthly Rent: $36,221.75
c. Option to Terminate. In the event Lessee exercises its option to terminate this lease at
the end of the 36th month (March 2016) by providing at least six months prior written
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notice to Lessor, Lessee shall pay $34,680.00 to Lessor upon termination as liquidated
damages,which shall be paid within 30 days of the notice of termination.
d. Carpet Replacement. Lessor and Lessee shall work together as to timing and locations
to be re-carpeted. The Parties shall split the cost evenly of the materials and labor to
remove and replace the carpet, however the Lessee shall pay for all cost associated
with moving and replacing furniture. Lessee shall use chair malts to protect the new
carpet once installed.
e. Lessee shall be permitted to remodel Suite 103 and 106 as noted on the attached floor
plan.
Except as modified herein all other terms and conditions of said Lease shall remain in full force and
effect.
4. Waivers,Modification or Amendment. No waiver, modification or amendment of any term or
condition of this Agreement shall be effective unless in writing, and no waiver or indulgence by either
party or any deviation by the other party from full performance of this Agreement shall be a waiver of the
right to subsequent or other full,strict, and timely performance.
5. Merger Clause. This Agreement and the Lease Agreement attached as Exhibit A express the
full and final purpose and agreement of the parties and will not be qualified, modified or supplemented by
course of dealing, usage of trade, or course of performance. There are no verbal agreements which
qualify,modify or supplement this Agreement.
6. Counterparts. This Agreement may be executed in two or more parts, each of which shall be
deemed an original,but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have set their hands this i 1 day of A.01/Q4er ,
2014.
LESSOR LESSEE
NORTHWES CHRISTIAN SCHOOLS CITY OF SPOKANE VALLEY
BY: Cl"" BY: eXtekvi„
ITS:
BY: ITS c te1t ' /t/fLlf1R
ITS:
Executed On Executed On 1\7\/2012-1--
ADDRESSES FOR NOTICES AND RENT: ADDRESS FOR NOTICES:
Northwest Christian Schools,Inc. City of Spokane Valley
c/o WEB Properties,Inc. 11707 E. Sprague Ave., Suite 106
PO Box 21469 Spokane Valley, WA 99206
Spokane, WA 99202
2 Initials: Pte/v
.
EXHIBIT A
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LEASE EXTENSION&EXPANSION AGREEMENT
THIS AGREEMENT made this 2Z"°day of March,2013,by and between
CITY OF SPOKANE VALLEY,whose mailing address,is 11707 East Sprague,Spokane Valley,
Washington 99206,(hereinafter referred to as"Lessee"),and NORTHWEST CHRISTIAN SCHOOLS,
a nonproRt corporation,(hereinafter referred to as"Lessor");
' I
WHEREAS,The City Of Spokane Valley,as Lessee,and Northwest Christian Schools,as Lessor, l
entered into a Lease Agreements and renewals for Suites 101,103,104,105,106,304,Suite B-3 and B4
warehouse space as noted below,a copy of which is attached hereto as Exhibit"A;"and
WHEREAS,the term of the Leases expires on March 31st,2013.
WHEREAS,The Lessee desires to continue:said lease for an additional Four(4)Years beyond the
end of its current term under the same terms and conditions set forth in said lease,as amended herein.
NOW,THEREFORE,for and in consideration of the recitations set forth,the terms and provisions
herein contained,and the mutual benefits to be derived here from,the parties do hereby contract,covenant
and agree as follows:
1. Extension of Lease. The Leases,attached hereto as Exhibit"A"(including extensions dated
March 15,2005;July 1,2006;November 1,2007 and December 15,2008)and Incorporated herein by
reference,is herebyrenewed for a Four(4)Year term,beginning on April 1,2013 and terminating on
March 3 1',2017, The Lessee covenants and agrees to comply with all the terms and conditions of said
Lease,'as herein amended,and to be bound thereby and to pay all rent in the manner therein provided.
2.Premises Leased. Lessee is leasing 22,646 square feet within the Clocktower Building,noted as
follows:Suites 101,103,104,105,106 and 304.As well.as Suite B-3 consisting of 3,290 square feet of
office space and B-4,2;300 square feet of warehouse space in the west wing building. All as shown on
Exhibit"B"attached.hereto.
3. Amendments to Lease. Lessee and Assignee hereby agree to amend certain provisions under
the Lease as follows:
a. NNN Charges.. Property Taxes,Utilities,Maintenance,Insurance,Administrative&
•
Common Area Maintenance shall continue to be paid by Lessee for Suite B4 as
follows;2,300 sq ft.of 42,672 total CAM sq ft,or 5.389%of building premises.
CAM charges are billed quarterly.
b. Rent:
Monthly rent for the period of April 2013 through March 2014 shall be as follows:
ClocktowerSuites: $29,169.25
B-3: $ 3,456.50 '
• B-4(base rate): $ 707.58
Total Monthly Rent: $33,333.33
Monthly rent for the period of April 2014 through.March 2015 shall be as follows:
Clocktower Suites: $29,752,64
B-3 $ 3,525.63
B-4(base rate): $ 721.73
Total Monthly Rent: $34,000.00
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Monthly rent for the period of April 2015 throtigh March 20I6 shall be as follows: •
Clocktower Suites: $30,347.70
B-3: $ 3,596.14 •
B-4(base rate): S 736.16
Total Monthly Rent: $34,680.00
Monthly rent for the.period of April 2016 through March 2017 shall be as follows:
Clockto+ver Suites: $30,954.66
B-3: S 3,668.06
B-4.(base rate): $ 750.88
Total Monthly Rent: $35,373.60
c. Option to Terminate. Lessee shall have the option to terminate this lease at the end of
the 361h Month(Niarclt 2016)by providing at least Six(6)months prior written notice
to Lessor. Lessee Shalt pay$34,680.00 to Lessor upon termination for the right to •••
exercise-this option.
d. Carpet Replacement. Lessee may request that some or all of the carpets be replaced •
in the leased premises. In that event,Lessor and Lessee shall work together as to
timing and locations to be re-carpeted. The Parties shall split the cost evenly of the
Materials and labor to remove and replace the carpet,however the Lessee shall pay for
all cost associated with moving and replacing furniture. Lessee shall use chair matts
•
to protect the new carpet once installed.
Except as modified herein all other terms and conditions of said Lease shall remain in full force and effect.
4.Waivers.Modification or Amendment. No waiver,modification or amendment of any term or
condition of this Agreement shall be effective unless in writing,and no waiver or indulgence by either
party or any deviation by the other party from full performance of this Agreement shall be a waiver of the
right to subsequent or other full,strict,and timely performance.
5. Merger Clause. This Agreement and the Lease Agreement attached as Exhibit A express the
full and finalpurpose and agreement of the parties and will not be qualified,modified or supplemented by
course of dealing,usage of trade,or course of performance. There are no verbal agreements which qualify,
modify or supplement this Agreement. •
6. Counterparts. This Agreement may be executed in two or more pails,each of which shall be
deemed an original,but all Of which together shall constitute one and the same instrument.
••
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IN WITNESS WHEREOF,the parties hereto have set their hands this'," day of /i � r'
2013.
LESSOR LESSEE
NORTHWEST CHRISTIAN SCHOOLS CITY OF SPOKANE VALLEY
ff i ' Bl': :, if 'I'i t. -tom `•.
ITS: •
BY: (4.e.:•L-Glr•e� ITS (.,;17 !c'�G�Yll2•�jOz�"
ITS:
Executed On /71/(//r/_3 Executed On 7 AO 3 •
ADDRESS FOR NOTICES AND RENT ADDRESS FOR NOTICES
Northwest Christian Schools,Inc. City of Spokane Valley •
C/o WEB Properties,Inc. 11707 E.Sprague Suite 106
P O Box 21469 Spokane Valley,WA 99206
Spokane,WA 99202
3 � �
EXHIBIT B
Lease Amendment between City of Spokane Valley(Lessee)and Northwest Christian Schools(Lessor)
Executed November 2014
Premises Leased at Square
Redwood Plaza Feet
Clocktower Building
Suite 101 1,924
Suite 102 3,304
Suite 103 1,140
Suite 104 1,015
Suite 105 3,350
Suite 106 10,666
Suite 304 4.551
Subtotal 25,950
West Wing Building
Suite B4 2,300
TOTAL LEASED: 28,250 •
EXHIBIT B - First Floor
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` r , Liberty
All` Mutual.
INSURANCE
PO BOX 34756,SEATTLE,WA 98124
t 800-284-6742
NOTICE OF CANCELLATION
of
Certificate of Insurance,Loss Payable Clause or Mortgage Clause
You hold a Certificate of Insurance,Loss Payable Clause or Mortgage Clause under 'ch you are a Payee in connection with the
policy described below. Please accept notice that coverage is hereby cancelled as rest s such Certificate,Loss Payable Clause or
Mortgage Clause; and such coverage shall terminate as of the date and hour shown hereon.
Agent BELL-ANDERSON AGENCY INC Code 6124-40
Policy Number C04 175244 Termination effective(12:01 A.M.) 11/19/2014
Name of Insured NORTHWEST CHRISTIAN SCHOOL NWCS DBA REDWOOD PLAZA
Address PO BOX 21469,SPOKANE,WA 99201-1469
® Cancellation applies to entire Certificate.
O Cancellation applies only to
To Certificate Holder,Loss Payee or Mortgagee Countersigned at Seattle,Washington
CITY OF SPOKANE VALLEY
11707 E SPRAGUE AVE STE 106 this 7TH day of NOVEMBER 2014
SPOKANE VALLEY,WA 99206-6124
❑ NORTH PACIFIC INSURANCE COMPANY
® LIBERTY NORTHWEST INSURANCE COMPANY
❑ OREGON AUTOMOBILE INSURANCE COMPANY
By
Authorized Representative