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HomeMy WebLinkAboutLEASE AMENDMENT BETWEEN QUEENSBORO NATIONAL BANK & TRUST COMPANY, CLARENCE T. BARINOWSKI, AND MARY SPIER, AS SUCCESSOR TRUSTEES UNDER THE WILL OF HENRY B. KING_ PENDLETON KING PARK STATE OF GEORGIA ) RICHMOND COUNTY) THIS AMENDMENT TO LEASE AGREEMENT is made and entered into this .2� day of NO VEhl&gj 2017, between QUEENSBOROUGH NATIONAL BANK & TRUST COMPANY, CLARENCE T. BARINOWSKI, and MARY SPIER, as Successor Trustees under the Will of Henry B. King, (jointly, the "Lessor"), and the AUGUSTA, GEORGIA COMMISSION (the"Lessee") WITNESSETH,that: WHEREAS, Lessor entered into a certain lease agreement with the CITY COUNCIL OF AUGUSTA as Lessee, dated June 17, 1958, leasing certain property within the limits of AUGUSTA, GEORGIA known as Pendleton King Park containing 64 acres, more or less for a period of years expiring January 1, 1983 (together with (1) that certain amendment to said Lease dated December 29, 1996 AND (2) that certain amendment to said Lease dated 1985, the"Lease");and WHEREAS, Lessee is the successor by consolidation to CITY COUNCIL OF AUGUSTA;and WHEREAS,Lease expires on January 1,2018;and WHEREAS, QUEENSBOROUGH NATIONAL BANK & TRUST COMPANY, CLARENCE T. BARINOWSKI, and MARY SPIER are the acting and duly appointed Successor Trustees under the Will of Henry B. King;and WHEREAS, Lessor and Lessee wish to further amend Lease as provided for herein, NOW THEREFORE, in consideration of the premises and the sum of ONE DOLLAR ($1.00) in hand paid by the Lessee to the Lessors, the parties agree to amend Lease as follows: 1. That the term of the lease hereinabove referred to and as heretofore extended from the 1St day of January, 2018 on a month by month basis subject to the additional conditions contained herein. 2. That that either party desiring to terminate this lease shall give the other party a thirty (30) day notice prior to terminating said lease. 3. That the annual rental (or portion thereof) to be paid the Lessee for the additional period of the lease shall be the same as set forth in the original lease agreement. 4. That all rights, privileges, obligations, and conditions set forth in said Lease Agreement shall be applicable to and binding upon the parties hereto for the additional term of the Lease, to the same extent as though incorporated verbatim herein. 5. All other terms of Lease not expressly amended by this Amendment shall remain in full force and effect. IN WITNESS WHEREOF, QUEENSBOROUGH NATIONAL BANK & TRUST COMPANY, CLARENCE T. BARINOWSKI, and MARY SPIER, as Successor Trustees under the Will of Henry B. King, and the AUGUSTA, GEORGIA COMMISSION has caused these presents to be executed by its Mayor and Clerk of Commission, and its corporate seal affixed, and duplicated, the day and year first above written as the date of these presents. Signed, sealed and delivered in the resence of: , inn tt . ' t ~ ' 8ey Umal ' � Q enbr sough ational Bank&Trust Li,' `: = Company, Successor Trustee under the d:s is©` Will op-Ienry B. King, J ►� •'�� By: /Vo.) "a...;4.._c... .II r Not*,• 'rt -•* ,\,,,,.� As Its: vee. -5;',..1+ (:) -A i. My Co3'`�i+tillsgb�n Expires: Signed, sealed and delivered in e presence oaf. iQom•, ' Lip ' / Lam. Unofficial Wi ness Clarence T. Barinowski,Successor Trustee under the Will of Henry B. King f ,,,-->p,:d-,,,„ , ,,/,, 7-- Not ry Public My Commission Expires: ilr '<8 . . . .. Signed,sealed and delivered in the presence of: nofficial Witness , ALP .wer Alf..er, / /.--1 .- M. y Speerruccessor 7 stee under ' the Will of Henry B. King , /.. or w mrrynrt—riP ' - AGT.42' Y PUBLIC NotarycriaIA COUNTY Mv CO4T1198/10GEbt t•14-s: My ommission Expires Signed,sealed an• •elivered in th iresence o : ---K '-71 illa....y.,-.•.nr- A. IA/Ufa rnofficial 'i,,•• I.rs /tin Augusta,Georgia Consolidated 'n Government By Hardie Davis,Jr.,As Its 12Mayor 412/J' AtIteu Notary Public ., pity Commission Expires: i ) / i , ofil 4444 j / , - _,---.-:.,.,.,•N.,_ <_ . .,ct.a..,, ,,n.,n_._.f1.4:.„,f;,.n,„.,,,„,.,,„_ _ i -----;,,-c-----,-, . ,,,.,...,.....1 0 OFFICIAL SEAL k , v 07 .,.' f • r, 0, 4 ,/,,,,_____Alk GAYNELL BONNER 4 i,.1.0,10'n'.1, 1 Notary Public,Georgia t Leita J. Bgrufritl k o vwliFsion ' RICHMOND COUNTY 11° ,,,,T..ke••• '., d• 1'.!! 0.. 4 t . f i. --in; My Commission Expires ,i, c'TO'''''f 1 APRIL 2,2018 . tri 0 '''II.;,,-*;-47:''PlI ,, - -,..... 44,„ 11.444'"414"144" '‘414..'EORGt S .0,4ir 44twoximvtor**;# 1 1 rfi