131-22 - Hillstrom Holdings - Contract Amendment 2SECOND AMENDMENT TO
COMMERCIAL LEASE AGREEMENT
THIS SECOND AMENDMENT TO COMMERCIAL LEASE AGREEMENT ("Amendment")
is entered into and effective upon mutual execution ("Effective Date") by and between Hillstrom Holdings,
LLC, a Washington limited liability company ("Landlord"), and the City of Port Orchard, a Washington
municipal corporation ("Tenant"). Landlord and Tenant may be referred to herein individually as a
"Party" and collectively as the "Parties".
RECITALS
A. Landlord and Tenant entered into the certain Commercial Lease Agreement, dated
December 28, 2022, including the First Amendment to Commercial Lease dated December 28, 2022
(together, the "Lease"), for lease of the Premises commonly known as Suite 101 ("Premises") located at
the property commonly known as the Greenwood Building, 600 Kitsap St. Port Orchard, WA 98366.
B.' The Parties desire to acknowledge their intent to increase the base rental rate by 2% on an
annual basis, beginning on January 1, 2024, and annually for the duration of the agreement.
herein.
C. Landlord and Tenant desire to amend the Lease upon the terms and conditions set forth
AGREEMENT
NOW, THEREFORE, incorporating the foregoing Recitals herein, and for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
1. Amendment. Section V., Base Rent, of the Lease is hereby amended in part as follows:
The net monthly payment shall be dollars ($ 1,900), payable monthly with the first payment due upon the
commencement of the Lease and each monthly installment payable thereafter on the lst day of each month
("Base Rent"). Rent payment for any period during the term hereon, which is for less than 1 month shall
be a pro-rata portion of the monthly rent. Beginning on January 1, 2024, the Base Rent shall increase by
2% annually on January 1st of each subsequent year of the initial term and any renewal period(s).
2. Counterparts. This Amendment may be executed in counterparts and transmitted via
facsimile or electronic mail, all of which taken together will constitute one and the same instrument, and
any party executing this Amendment may do so by signing any such counterpart.
3. Severability. If any provision of this Agreement or the application thereof to any person
or circumstances shall, for any reason and to any extent, be invalid or unenforceable, the remainder of this
Agreement and the application of that provision to other persons or circumstances shall not be affected
but rather shall be enforced to the extent permitted by law.
4. Full Force and Effect. Except as specifically amended herein, all of the terms,
provisions, covenants and conditions of the Lease as previously amended shall remain unmodified and in
full force and effect. This Amendment may not be amended or modified in any manner other than in a
writing signed by the Parties hereto, or their respective successors or assigns.
Second Amendment to City of Port Orchard Lease — 600 Kitsap St Lease Page 1 of 3
IN WITNESS WHEREOF, the Parties hereto have executed this Amendment on the date set out
below.
(Landlord)
Hillstrom Holdings; LLC,
A Washing n limited Iiabili co Maly
By:
Keith Hillstrom
Its Manager
Date: /- /o - Z g
LANDLORD ACKNOWLEDGMENT
STATE OF WASHINGTON )
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COUNTY OF t- t ( L t _. . .
This record was acknowledged before me -,2023 (date), by Keith Hillstrom
as Manager of Hillstrom Holdings, LLC.
` Notary Public
State of Washington
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MY COMMISSION EXPIRES
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Second Amendment to City of Port Orchard Lease - 600 Kitsap St Lease Page 2 of 3
(Tenant)
City of Port Orchard,
A Washington municipal corporation
By: _
Rob Putaansuu,
Its Ma or _.
Date:
Reviewed and approved:
Charlotte Archer
City Attorney
STATE OF WASHINGTON
COUNTY OF KITSAP
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Second Amendment to City of Port Orchard Lease — 600 Kitsap St Lease Page 3 of 3
DocuSign Envelope ID: 5752CF86-57EC-440D-9306-C48A19F7DE39
(Tenant)
City of Port Orchard,
A Washington municipal corporation
By. — — -
Rob Putaansuu,
Its Major
Date: _
Reviewed ;and approved:
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Charlotte Archer
City Attorney
TENANT ACKNOWLEDGMENT
STATE OF WASHINGTON )
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COUNTY OF KITSAP )
This record was acknowledged before me on
as Mayor of the City of Port Orchard.
, 2023 (date), by Rob Putaansuu
Name:
Notary Public in and for the State of Washington
Residing at
My appointment expires:
Second Amendment to City of Port Orchard Lease — 600 Kitsap St Lease Page 3 of 3