HomeMy WebLinkAbout10/06/2026 07.O. Resolution - ratify fourth amendment Commercial Lease Agmt_Greater Yakima Chamber of Commerce 'V
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 7.0.
For Meeting of: October 6, 2026
ITEM TITLE: Resolution ratifying the fourth amendment to the Commercial Lease
Agreement with the Greater Yakima Chamber of Commerce
SUBMITTED BY: Gary Bellew, Assistant City Manager
SUMMARY EXPLANATION:
Ratifying this Resolution authorizes the execution of the Fourth Amendment to the Commercial Lease
Agreement between the City of Yakima and the Greater Yakima Chamber of Commerce. The
amendment will extend the lease to February 28, 2027.
ITEM BUDGETED: N/A
STRATEGIC PRIORITY 24-25: A Thriving Yakima
RECOMMENDATION: Adopt Resolution.
ATTACHMENTS:
Resolution_fourth amendment Commercial Lease Agmt_Greater Yakima Chamber of Commerce
4th Amendment Chamber Executed.pdf
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RESOLUTION NO. R-2026-
A RESOLUTION authorizing a fourth amendment to the Commercial Lease Agreement
between the City of Yakima and the Greater Yakima Chamber of
Commerce for property located at 10 North 9th Street in Yakima.
WHEREAS, the City of Yakima purchased the property at 10 North 9th Street from the
Greater Yakima Chamber of Commerce on or about October 31, 2024, and as part of the
consideration of the purchase, the Greater Yakima Chamber of Commerce and the City of Yakima
entered into a Commercial Lease Agreement with a Term through April 30, 2025; and
WHEREAS, the Greater Yakima Chamber of Commerce and the City of Yakima
previously executed an amendment extending the term of the lease through August 31, 2025 for
the monthly rent of$1,200 per month; and
WHEREAS, the Greater Yakima Chamber of Commerce and the City of Yakima
previously executed a second amendment extending the term of the lease through May 31, 2026;
and
WHEREAS, the Greater Yakima Chamber of Commerce and the City of Yakima
previously executed a third amendment extending the term of the lease through September 30,
2026; and
WHEREAS, the parties agree that an additional extension of the lease through February
28, 2027, is in their mutual interest and the monthly rent specified in the first lease amendment
remains in effect; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA:
The City Manager is hereby authorized to execute the Fourth Amendment to
Commercial Lease Agreement Executed on 10/31/24, attached hereto and fully incorporated
herein.
ADOPTED BY THE CITY COUNCIL this 6th day of October, 2026.
Matt Brown, Mayor
ATTEST:
Rosalinda Ibarra, CMC, City Clerk
1
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FOURTH AMENDMENT TO
COMMERCIAL LEASE AGREEMENT
EXECUTED ON
09/30/2026
THIS FOURTH AMENDMENT TO THE COMMERCIAL LEASE AGREEMENT is made
and entered into by and between the City of Yakima, Landlord, and the Greater Yakima
Chamber of Commerce, Tenant, which mutually agree to further amend the Commercial Lease
Agreement executed on October 31, 2024, and as amended on April 17, 2025, and as amended
on August 19, 2025, and as amended on May 29, 2026 as follows:
1.Article III: Term, shall be amended to read as follows: The Lease term shall commence
on November 1, 2024 ("Commencement Date")and shall continue through February 28, 2027,
unless terminated earlier under the terms hereof, at which time the Lease will automatically
terminate without further notice. Tenant and any subtenant shall fully vacate the Premises upon
termination of the Lease and possession of the same shall revert to Landlord.
Except as expressly modified herein, all other terms and conditions of the original Commercial
Lease Agreement executed on October 31, 2024, and Amendments to Commercial Lease
Agreement dated April 17, 2025,August 19, 2025 and May 29, 2026 shall remain in full force
and effect.
If any section, subsection, paragraph, sentence, clause or phrase of this Amendment is
declared invalid or unconstitutional for any reason, such decision shall not affect the validity of
the remaining portions of this Amendment or the original Commercial Lease Agreement.
LANDLORD TENANT
CITY OF YAKIMA GREATER YAKIMA C AMBER OF COMMERCE
ADania
.
Victoria Baker, City Manager Kristi oster, C O/President
129 North 2"d Street 10 No • 9theet
Yakima, WA 98901 Yakima, WA 98901
Dated Dated `'I)24 /
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