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 ORIGINAL LEASE AND AMENDMENTS SHALL REMAIN IN FORCE AND IN EFFECT.
We Dingel 7-14-22
LANDLORD DATE
ALBERT O. ENGEL, PRESIDENT
NORTH RICHMOND PROPERTIES, INC.
Inas 8-4-22
TENANT DATE
CITY OF RICHMOND