Duke's Lease Amendment presentation
Item No. 6e_supp Date of Meeting September 24, 2019 Second Amendment to Ground Lease Agreement with Duke's Chowderhouse, LLC. at Shilshole Bay Marina September 24, 2019 Presented by Melinda Miller, Maritime Portfolio Updated Site Plan 2 Proposed Revisions to Lease Lease Term Current Agreement Amendment #2 eff. 12/1/19 Premises 8,022 SF 9,200 SF Construction Rent $3,216 $4,188 Begin Post-Construct. Rent August 1, 2019 May 1, 2021* Post-Construction Rent $12,864 $14,753 Lease Expiration July 31, 2038 April 30, 2041 *As part of Amend. #2 Tenant will also pay Post-Construction Rent August 1 November 30, 2019 3
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