Cities Index.
Attachment 6 - Amendment 5.pdf

Richmond City Council
July 26, 2022

Document
Attachment 6 - Amendment 5.pdf
Meeting
July 26, 2022
Body
Richmond City Council
Original file
321 KB
Text extracted from the city's file for reading and search. Open the original on pub-richmond.escribemeetings.com. That file is the official record.

FIFTH AMENDMENT
THIS IS THE FIFTH AMENDMENT TO THE "RENTAL AGREEMENT" DATED JUNE ZND, 2015 BETWEEN NORTH RICHMOND PROPERTIES, INC. AS "LANDLORD" AND CITY OF RICHMOND AS "TENANT":

TERMS & RENT:

TENANT OCCUPIES ON A MONTH TO MONTH BASIS: 125'x 100' (12,500 SQ. FT.) OF YARD SPACE.

AN OFFICE TRAILER "N" LOCATED AT 2801 GIANT RD, BEHIND BLDG A, AND A SECOND OFFICE AMENDMENT #5 CORRECTS AN ERROR FOUND IN AMENDMENT #4 THAT WAS APPROVED IN AUGUST 2021. THE ERROR IN AMENDMENT #4 SAID COST OF THE YARD SPACE RENT WAS $13,128 PER YEAR OR $1,094 PER MONTH WHEN THE CORRECT COST OF THE YARD SPACE RENT SHOULD HAVE STATED $15,750 PER YEAR OR $1,312.50 PER MONTH. THE CORRECT LEASE PAYMENTS WERE MADE EVEN THOUGH THE AMENDMENT #4 HAD A TYPO.

THE COST OF THE YARD SPACE RENT SHALL BE $15,750 PER YEAR OR $1,312.50 PER MONTH, THE OFFICE TRAILER "N" RENT SHALL BE $10,392 PER YEAR OR $866.00 PER MONTH, AND THE SECOND OFFICE TRAILER "B" RENT SHALL BE $5,040 PER YEAR OR $420.00 PER MONTH.

ALL OTHER TERMS OF THE ORİGINAL LEASE AND AMENDMENTS SHALL REMAIN IN FORCE AND IN EFFECT.

The Dingel 7-14-22

LANDLORD DATE
ALBERT O. ENGEL, PRESIDENT
NORTH RICHMOND PROPERTIES, INC.

TENANT DATE

CITY OF RICHMOND

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