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HomeMy Public PortalAbout1969.04.07 Sports Marina Assignment of LeaseASSIGNMENT OF LEASE WHEREAS, on or about the 7th of April . 1969, A.R. Krigbaum and James W. Hardy, doing business as Sports Marina, a co -partnership, therein referred to as "Lessee", did enter into an agreement for the lease of real estate with The City of McCall, Idaho, a municipal corporation, therein referred to as "Lessor", by which the Lessor and the Lessee agreed to lease, all that certain real property situate and lying in the County of Valley, State of Idaho, more particularly described as follows, to -wit: The land between the West boundary of Lake Shore Boulevard, and the high water mark of Big Payette Lake between the extension of the North boundary line of Lot 10, Block 4, McCall First Addition to the Village of McCall, Idaho, as extended westerly to the high water mark of Big Payette Lake, and the South boundary line of Lot 1 of said Block 4, extended westerly to the West boundary line of said Big Payette Lake * * * It is acknowledged that the boat loading ramps have been provided by the State of Idaho for use by the general public and are not a part of the above lease. WHEREAS, the said A.R. Krigbaum and James W. Hardy, co-partners, assigned all their right, title and interest in and to said lease to Sports Marina, Inc., an Idaho Corporation; and WHEREAS, Sports Marina, Inc., an Idaho Corporation, now desires to sell, assign, convey and transfer all of its right, title and interest in and to said lease and the real property and improvements therein described; NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that Sports Marina, Inc., an Idaho Corporation, for value received, does hereby assign, transfer and set over unto Sta-Bax, Inc., an Idaho Corporation, all of its right, title and interest in and to the hereinabove described lease, subject to all the terms and conditions thereof, and do hereby assign unto the said Sta-Bax, Inc., an Idaho Corporation, all of its right, title and interest in and to the lease of property therein described. ASSIGNMENT OF LEASE -1 NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that Sta- Bax, Inc., does hereby accept the assignment above referred to and the lease therein contained to be kept and to be performed by the Lessee therein, and to hold said, Sports Marina, Inc., an Idaho Corporation, harmless from the performance of said conditions and agreements. That any and all Notices concerning said lease shall be deemed delivered upon deposit of the same in the United States mails addressed to said Sta-Bax, Inc. at P.O. Box /06-3, McCa11, Idaho 83638. tts DATED This , day of March, 1996. ASSIGNOR: Sports Marina Inc. an Idaho Corporation By: �:�,H,,.� I� Pr ident ATTEST: &tZ. *7-Zee' Secretary % ASSIGNEE: Sta-Bax, Inc., an Idaho Corporation By: I/ Aia azu-: `-10-}iAd 4feu, ASSIGNMENT OF LEASE - 2 State of Idaho ) :ss County of Idaho ) // 4k On this lo day of March, 1996, before me, the undersigned, a Notary Public in and for said state, personally appeared James W. Hardy and Patricia F. Hardy, known to me to be the President and Secretary, respectively, of Sports Marina, Inc., an Idaho Corporation and acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. State of Idaho, ) :ss County of Valley. ) I?, N • We g r * "'J t vuBL% %.**4 * �O ••�*9 a p �V> Commissioa Expires: 6.6.99 r Idaho tiPn Expires: 6 /6 /97 t On this (to day of March, 1996, before me, t e undersigned, a Notary Public in and for said state, personally appeared �r( ill. S s and vans I1.5 1 S known to me to be he President and Secretary, respectively, of Sta ax, Inc. an Idaho corporation, and acknowledgd to me that such corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first abov ASSIGNMENT OF LEASE - 3 rilErAWffil o tary Pu is for I Residing at My Commission Expires:��®8(� CONSENT TO ASSIGN Pursuant to that lease entered into on the 6th day of March, 1996, by and between The City of McCall, Idaho, a municipal corporation, therein referred to as "Lessor", and A.R. Krigbaum and James W. Hardy, a co -partnership, therein referred to as "Lessees", the undersigned hereby consents to the assignment and assumption of said lease and improvements therein described, to: Sta-Bax, Inc. an Idaho Corporation P.O. Box McCall, Idaho 83638 Dated this 6th day of March, 1996. The City of McCall, Idaho a Municipal Corporation By: City Manager ATTEST: City Clerk ASSIGNMENT OF LEASE - 4 CITY COUNCIL AGENDA BILL Number AB 01-107 Date August 9, 2001 City Of McCall 216 East Park Street McCall, ID 83638 ITEM INFORMATION SUBJECT: Assignment of Lease —Sports Marina Original Agenda Date & Bill No. Department/Committee/Individual Initials Remarks A Mayor / Council p City Manager /6 Originator p Finance Director/City Clerk R Deputy City Clerk O Community Development V Police Chief A Public Works L Director of Golf & Parks Operations COST IMPACT: S Recreation Director FUNDING SOURCE: Airport Manager Librarian TIMELINE: City Attorney Other SUMMARY STATEMENT: In 1996, the City Council extended the lease period for the Sports Marina (Harry's Dry Dock) to the year 2004. At approximately the same time, Harry Stathis purchased the business. The lease with the City has a clause that states the Council must approve any assignment of the lease, and cannot unreasonably withhold such approval. From reviewing the minutes from that period, it is clear that the City Council was aware of the transfer of the lease, but Council did not formally approve the assignment of the lease. Because there isn't any specific action in the minutes and the assignment does not have the Mayor's signature, we must rectify this situation by having the current City Council approve the assignment and authorize the Mayor to sign. Mr. Stathis has paid the lease current as of April 2001. Also of note is the requirement for the lease holder to abide by the parking agreement that is also attached. Here again, the Mayor did not sign the agreement, although the minutes reflect that the Council did take action to approve the parking agreement. Attached is a copy of the assignment and the parking agreement, we have the originals on file. Staff will issue a letter to Mr. Stathis with a copy of the parking agreement notifying him that his lease assignment has been formally approved and that he is required to comply with the provisions of the parking agreement. The City Police Department also has some requirements under the agreement that they will abide by. RECOMMENDED ACTION: Approve the assignment of the Sports Marina Lease and authorize the Mayor to sign the parking agreement and lease assignment. RECORD OF COUNCIL ACTION Meeting Date Action 22 Jam 9,6 OL's-2 POLARIS REGAL . Sports Marina On Beautiful Payette Lake January 17, 1996 McCall City Council City Hall McCall, Idaho 83638 Dear Council Members: RE: Lease Agreement - Sports Marina, Inc. In order for Sports Marina Inc. to qualify for SBA Loan Funding, our lease term needs to be extended to co -inside with our State Lands Lease. It is agreed that the rental for the extended lease term shall be the sum of $100.00 per year, payable on April 7th beginning with the year 2004. All other terms and conditions of the original lease and ,its amendments to remain the same. Time is of the essence; and notification of the Councils response on or before January 26, 1996 would be greatly appreciated. d ) a(6-16,4 Sincerely, j-itutA4JA/ 4e1-444 James W. Hardy, President Sports Marina, Inc. RECEIVED r, N 1 7 1995 P.I ZALL Post Office Box 869 • McCall, Idaho 83638 • 208-634-8361 • Fax 208-634-3272 City ofMcCall OFFICE OF THE CLERK BOX 1065 MGCALL. IDAHO 83638 March 14, 1994 James W. Hardy, President The Sports Marina, Inc. P.O. Box 869 McCall, ID 83638 Dear Jim, On March 10, 1994, the McCall City Council reviewed your request to extend the lease for the Sports Marina for an additional ten year period. Inasmuch as your notice is all that was required, the Council took no action, therefore approving the extension. The lease will terminate following this renewal on April 7, 2004. Thank you for your attention to this matter. Sincerely, Arthur J. Schmidt, Interim City Manager 11 c• L; 300 LENORA STREET P.O. BOX 1300A co to 0 0 co N O v arn 0 co J N J' ao U m � o N v N w z O O. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ASSIGNMENT OF LEASE PAGE 1 WHEREAS, on or about the 7th day of April, 1969, Sports Marina+ Inc., an Idaho corporation, therein referred to as "Lessee', did enter into an agreement for the lease of real estate with The City of McCall, a Municipal Corporation „ therein referred to as "Lessor", by which the Lessor and the Lessee agreed to lease, all that certain real property situate and lying in the County of Valley, State of Idaho, more particularly described as follows, to -wits The land between the West boundary of Lake Shore Boulevard, and the high water mark of Big Payette Lake between the extension of the North boundary line of Lot 10, Block 4, McCall First Addition to the Village of McCall, Idaho, as extended westerly to the high water mark of Big Payette Lake, and the South boundary line of Lot 1 of said Block 4, extended westerly to the West boundary line of said Big Payette Lake, together with the improvements thereon; and WHEREAS, Sports Marina, Inc., an Idaho Corporation+ now desires to sell, assign, convey and transfer all of its right, title and interest in and to said lease and the real property and improvements therein described; NOW+ THEREFORE, KNOW ALL MEN BY THESE PRESENTS+ that , the undersigned, Sports Marina, Inc., an Idaho Corporation, for value received, does hereby assign, transfer and set over unto Dean Weidner, all of its right, title and interest in and to the hereinabove described lease, subject to all the terms and conditions thereof, and does hereby assign unto the said Dean Weidner, all of our right, title and interest in and to the lease of property therein described. NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that Dean Weidner, does hereby accept the assignment above referred to and the lease therein and does agree to perform the covenants and conditions therein contained to be kept and to be performed by the Lessee therein, and to hold said, Sports Marina, Inc., harmless from the performance of said conditions and agreements. That any and all Notices concerning said lease shall be deemed delivered upon deposit of the same in the United States mails addressed to me at 4467 Forest Avenue, Mercer Island+ Washingnton 98040. Dated this 15th day of July, 1964. UDELL . .J ELAM ATTORNEYS AND COUNSELORS AT LAW 300 LENORA STREET McCALL, IDAHO 83638 a O 0 P.O. BOX PHONE (208) 634-2108 or (208) 634-2100 ASSIGNMENT OF LEASE PAGE 2 Assignor: Assignee: Sports Marina, Inc. James W. Hardy President Attest: / Patricia F. Hardy Secretary E Dean Weidner State of Washington, ) (ss. County of King. ) On this / day of 4479134, before me, the undersigned, a Notary Public in and for said state, personally appeared Dean Weidner+ known to me to me the person whose name is subscribed to the within and foregoing instrument, and acknowledged to me that he executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. State of Idaho, County of Valley. (SS. ) Ndtar� Public Residing at: On this 22- day of 1984, before me, the undersigned, a Notary Publaic in and for said State, personally, appeared James W. Hardy and Patricia F. Hardy, known to me to be the President and Secretary, respectively, of the Corporation that executed the within instrument, and acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and m 3 � J m Q = 2 o Q O w - J W W Z t v og� V O J 0 Z J Z w W Q J 0 y o z O a P.O. BOX 1300A PHONE (208) 634-2108 or (208) 634.2100 ASSIGNMENT OF LEASE PAGE 3 affixed my official Seal the day andin this certificate first above written. Notary Pu4Yi is for Idaho Residing at McCall' Idaho. CONSENT TO ASSIGN Pursuant to that lease entered into on the 7th day of April, 1969, by and between the City of McCall, a Municipal Corporation, therein referred to as 'Lessor', and Sports Marina. Inc., an Idaho corporation, therein referred to as 'Lessee', the undersigned hereby consents to the reassignment and assumption of said lease and improvements therein described. to' Dean Weidner 4467 Forest Avenue Mercer Island, Washington 98040 _ i9� Dated this /4/ day of i3 '9+ 1�e"�• The City of McCall, a Municipal Corpor�at�ioon 044 By: Cl de L. Archer, Jr. Mayor Att aren Beckler City Clerk State of Idaho, ) ( ss. County of Valley. ) � /PA, — On this /X2-24-- day of 4kr1Hpi 1464, before me. the undersigned, a Notary Public in and for said .state, personally appeared Clyde L. Archer, Jr. and Caren Beckler. known to me to be, respectively, the Mayor and City Clerk of the City of McCall, whose names are subscribed to the within instrument, and acknowledged to me that they executed the same for and on behalf of the City of McCall, Valley County, Idaho. IN WITNESS WHEREOF, I have hereunto set my hand and 3 Q J H a Q 0 J. w w z 0 ' U J p J Z W Q 0 w z 0 a 300 LENORA STREET McCALL, IDAHO 83638 P.O. BOX 1300A PHONE (208) 634-2108 or (208) 634-2100 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 ASSIGNMENT 4F LEASE PAGE 4 affixed my official seal the day and year first above written. 4 ur '`,,,, a u, , , ,, Notary Public for Idaho Residing at McCall, Idaho ASSIGNMENT THIS AGREEMENT, made and entered into this ,t,2 day of /Li,•�y�„ --, 1979, by and between SPORTS MARINA, INC., an Idaho Corporation, of McCall, Idaho, parties of the first part, hereinafter called the "Assignors," and Inter -Mountain State Bank, a banking corporation, party of the second part, hereinafter called "Assignee." WITNESSETH Whereas, by agreement dated April, 1969, between CITY OF McCALL, a muniapal corporation as LESSORS and SPORTS MARINA, INC, as LESSEE, said LESSORS thereby agreed to lease to LESSEE and the LESSEE thereby agreed to lease from LESSORS that certain real property and all improvements and appurtenances pertaining thereto, situated in Valley County, State of. Idaho, and more particularly described as follows: The West boundary of Lake Shore Boulevard, being the high water mark of Big Payette Lake between the extension of the North boundary line of Lot 5, Block 4, McCall First Addition to the Village of McCall, Idaho, as extended westerly to the high water mark of Big Payette Lake, and the South boundary line of Lot 1 of said Block 4, extended westerly to the West boundary line of said Big Payette Lake. Whereas, the above named Assignors have agreed to assign and transfer all ITS right, title, and interest in and to said agreement hereinabove described to Assignee herein for security purposes. Now, therefore, witnesseth this agreement, for and in consideration sum of Ten Dollars (S10.00) and other good and valuable consideration, the receipt whereof is hereby acknow- ledged by the Assignors, the Assignors so hereby assign, transfer, and set over unto the said Assignee all their rights, title and interest in and to said lease hereinabove described, to hold said property, and the whole thereof, unto the said Assignee subject to all the terms, stipulations, and conditions in the said agreement contained. IT IS FURTHER UNDERSTOOD AND AGREED by and between the parties hereto that this Lease Assignment is to secure certain Note(s) held by Inter -Mountain State Bank. ASSIGNEE ASSIGNORS INTER -MOUNTAIN STATE BANK SPORTS MARINA, INC. • (; By c, t ' L- .. President By ; G'.���-C6�J �• Ii�4 .71 Secretary CONSENT TO ASSIGNMENT The City of McCall, by and through its Mayor, hereby consents to the foregoing assignment for security of the leasehold interest of,Sports Marina, Inc., subject to the provision that in the event of default and possession of the leasehold by the Inter - Mountain State Bank, the bank would subsequently transfer to a party or parties acceptable to the City of McCall, Idaho. DATED this ,Z,Z day of 1!!�• 1978. CITY OF McCALL, a Municipal Corpor757 By,/ 5 , ,,Bil Evans, Mayor Attest: STATE OF IDAHO )ss. County of Valley ) On this 23rd day of August, 1978, before me, a Notary Public in and for said State, personally appeared SOLLIE CALLENDER, known to me to be the president of the corporation that executed the instrument or the person who executed the instrument on behalf of said corporation, and acknowledged to me that such corporation executed the same. - 2 - IN WITNESS WHEREOF, I have hereunto set my hand and notary seal the day and year first written in this Certificate. Notary Public for Idaho Residing at: /1` co(1 STATE OF IDAHO j ss. County of Valley ) On this 22nd day of August, 1973, before me, a Notary Public in and for said State, personally appeared JAMES W. HARDY and PATRICIA F. HARDY, known to me to be the persons whose names are subscribed to the within and foregoing instrument and acknowledged to me that they executed same. IN WITNESS WHEREOF, I have hereunto -set my hand and notary seal the day and year first above written in this certificate. j Notary ublic for Idaho Residing at McCall STATE OF IDAHO ) , )ss. County of Valley ) On this 22nd day of August, 1978, before me, a Notary Public in and for said State, Personally appeared BILL EVANS and MARGARET E. FOGG, known to me to be the Mayor and City Clerk respectively of the City of McCall, that executed the said instrument, and acknowledc to me that such City of McCall executed same. IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and year first written in this certificate. • Notary Public for Idaho Residing at McCall - 3 - AMOMM[ • MWA BALD AMMAR, AND COYNIILODI IL CAST IINIT MINmNAN. IDAND u•4a Unmans ••11•14•1 LEASE AGREEMENT THIS AGREEMENT OF LEASE, Made and entered into this P'4 day of April, 1969, by and between the CITY OF McCALL, a municipa] corporation, hereinafter called Lessor, and A. R. KRIGBAUM and JAMES W. HARDY, doing business as SPORTS MARINA, a co -partnership, hereinafter called Lessees, W I T N E S S E T H:- For and in consideration of the covenants and conditions hereinafter contained, the Lessor agrees to let and lease unto the Lessees, the following described real property, to -wit: The West boundary of Lake Shore Boulevard,/ being the high water mark of Big Payette Lake between the extension of the North bound line of Lot 5, Block 4, McCall First Addition to the Village of McCall, Idaho, as extended westerly to the high water mark of Big Payette Lake, and the South boundary line of Lot 1 of said Block extended westerly to the West boundary line of said Big Payette L on the following terms and conditions: TERM: The term of this lease shall be for a period of twenty-five (25) years, beginning on April 7, 1969, and terminate twenty-five years hence unless extended or previously terminated as hereinafter provided. RENTAL: It is agreed that the rental for the leased propert shall be the sum of $1.00 per year, payable $1.00 on April 7, 19E and $1.00 on April 7th of each year thereafter for the term of this lease. USE OF PREMISES: It is understood and agreed that Lessees are to use the premises for a boatmarina, : supplysales and ()the] sporting goods, but not specifically limited to these items alon4 and shall be allowed to carry on business operations related to. their general operation. It is understood that the Lessees beret shall use the premise$ in compliance with all Federal, State and " .n.snw-u" " " " " " AMBROSE " FITZGERALD ATTORNETE AND CODNEEIORE /EE GET /IMT MERIDIAN. WAND TELEPHONE E0E-4441 municipal laws. That the Lessees plan to construct a building docks on the leased premises and that they shall have the right make such alterations and changes as they deem necessary provid: said changes or alterations do not conflict with any existing Federal, State or municipal ordinances. CONSTRUCTION: It is understood that the lessees contempla constructing a building on the above mentioned real property. is specifically agreed that the construction shall take place u and be limited to the property described in the legal above and that the lessees shall in no way encroach upon, use or inhabit right-of-way which is" dedicated to the City of McCall and desig as Lake Shore Boulevard. UTILITIES, LICENSES AND PERSONAL PROPERTY TAXES: Lessees to pay all utilities, heat, electricity, licenses and personal property taxes. SIGNS: Lessees shall have the right to place advertising on the buildings and premises. INSPECTION: Lessor shall have the right to enter upon sai premises at reasonable times and at reasonable intervals for th purpose of inspecting the same. LIABILITY OF LESSORS: Lessees shall insure their belongir and property against fire in case they desire such protection a shall pay the premiums therefor. Lessees agree to save lessor harmless from any liability of any nature whatever by reason of personal injury to any person or persons on the leased premise: by reason of injury to any property located on said property ce by lessees' negligence. Lessees agree to cagy public liabilit] insurance and workmen's compensation insurance for this purpose _y AMOMMIC a FITL6muLD ATP:40MT' AND COYNIMLOIM Iu CAST FIRST N CRIOIAN. IDANO •3D4m T[L[111ome mmO-44111 .� _ ABANDONMENT: In case the lessees shall abandon or vacate s premises, the lessor may, at its option and without notice to th lessees, relet the same at such rental and upon such terms as it may see fit. DEFAULT: If the lessees shall fail to keep and perform any other covenants herein contained other than the payment of rent, lessor shall first give lessees notice in writing by mail callir attention to the default complained of, and if lessees refuse ox fail to remedy or disprove the default claimed within ninety (9( days from the mailing of said notice, lessor may take possessiox said premises and remove all persons and effects therefrom. In event lessees do not pay the rental or any part thereof by the I hereinbefore set forth, they shall be in default of the terms hE and a notice shall be given as provided in this,paragraph, and : the event lessees fail to pay said rental within thirty (30) da; from the mailing of such notice, lessor may take possession of premises and remove all persons and effects therefrom, provided nothing that is contained herein shall be construed as an elect: of any remedy which lessor may have, or any breach of the terms hereof. TIME: Time is of the essence of this agreement. LEASE BINDING ON HEIRS, ETC.: All of the covenants and ag ments herein contained shall extend to and bind the heirs, devisees, executors, administratorq successors and assigns of b the parties hereto. TERMINATION: Lessees agree that upm the termination of th lease they will remove all of their belongings from the premise immediately, and will deliver possession of the premises to the iihoix.'.ihsi..«..1K•.: G 1, wan* Aviquesibmewswisatbesiwartairosek. 211.1111.1.41"1"."*"1 mdemm[ • nima uLD ATTOtlST1 AND COO,S1lOR1 1a1 CAST FIRST M1111D1AN. ROANO 413042 '1L1)NOM1 111841.4481 Lessor in as good condition as the lessees received the same, depreciation from the reasonable use and occupancy excepted. COMPLIANCE WITH LAW: Lessees agree to observe and comply all rules, regulations and laws now in effect or which may be enacted during the Continuance of this lease by any municipal, county, state or federal authorities having jurisdiction over 5, premises, including building, fire regulations and ordinances. ASSIGNING AND SUBLETTING: Lessees may assign this lease o� sublet the premises in whole or in part provided they first obti the written consent of Lessor to do so. PROPERTY STATUS: It is understood that under the terms of this lease the Lessor makes no warranty as to the condition of 1 title of this property nor to the aforementioned property. as is. In the event that any the Lessor's specific right to lez Lessees agree to take the propert) third party or parties, make clain to the property, Lessee agrees to defend.against such claim, bei responsible for all costs of such defense and will not look to the Lessor in any manner whatsoever. Further, it is specificall understood that the Lessor shall in no way be responsible to the Lessees or any third party for any claims made resulting from th lease or the conducting of the business upon these premises. Further, should any third party challenge the Lessor's right to lease this property, Lessees agree to defend any and all action pertaining thereto at their expense. OPTION TO RENEW: In the event Lessees are not in default ui the terms of this lease, then the Lessor grants to the Lessees al option to renew the lease for an additional ten (10) year period at the same rental and under the same terms and conditions herein .• r �r- r VP . 1 AMOROOK O M1201RALD ATTOOM[t• AMO COOMtsLOr IL LAST nary Mo11OUM. Hume 110/1 :LVMOr sss.44sl STATE OF IDAHO ) ss. County of Valley ) On this }j 4 day of , 1969, before me, the under signed, a Notary Public in and for said State, personally appeare 21A1/1 Xe: and �1i� ,QW;,r , Mayor an City Clerk of the CITY OF McCALL, a municipal corporation, known to me to be the persons whose names are nuhscribed to the foregoi instrument, and acknowledged to me that they executed the same fo and on behalf of said corporation. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year in this certificate first abov written. (SEAL) Notary Public for Idaho Residence: m..j1L4V , Idaho STATE OF IDAHO ) : ss. County of d �Z,, ) On this i X2 day of , 1969, before me, the undi signed, a Notary Public in and o said State, personally appearel A. R. KRIGBAUM and JAMESON/. HARDY, dba Sports Marina, a co- partnership, known to me to be the persons whose names are sub- scribed to the foregoing instrument, and acknowledged to me that they executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year in this certificate first above written. (SEAL) 444/402-1-44. Notary Public for Idaho Residence: _..M.r 4.e./, . , Idaho. r r 1 1 I 4 M AY/RM1 • FIT2011ULD ArrOEwn'E AND NZOHnnONM E44 EAST FIRST MERIDIAN. IOAHD 13114E TELEPHONE 111111-4411 set torch. The npticm to renew shall he exercised at Least thin; (30) days prior to the termination of this lease by written noti; given to the Lessor by the Lessees, signifying the intention of the Lessees to renew. This lease shall be executed in duplicate, one copy for the Lessor and one copy for the Lessees, the copies being acknowledg and Lessees agree not to file the same for record so as to encuc the title, it being understood and agreed that Lessees' possessi of said premises is sufficient notice of their interest therein. Lessees further agree to pay all costs and attorney's fees incurred by Lessor in enforcing the terms of this lease. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals, the day and year in this Lease Agreement first above written. A City Clerk CITY OF McCALL, a municipal corporation. BY: Pi 44-tdidi Mayor LESSOR K m.Lvfl� Jaa stilt Hardy Doing Business aSPORTS MARINA, a co -partnership. LESSEES 6,14 LEASE AGREEMENT: THIS AGREEMENT OF LEASE, Made and entered into this day. of April, 1969, by and between the CITY OF McCALL, municipal corporation, hereinafter called Lessor, and A. R. KRIGBAUM..and'. DAMES 1. .HARDY, = doing 'business as SPORTS MARINA, a.' co - partnership, hereinafter called Lessees, WIT NESSET H: For and in cons ideration of the covenants and conditions er_enafter contained, the Lessor agrees to let and .lease 'unto' • the: Lessees, the following described real property, to -wit: The`West boundary. of Lake. Shore..Boulevard ✓being the 'high water mark ',of Big Payette. 'Lake between ..the extension of the :North boundar line_ of Lot 5, -Block 4,- McCall First 'Addition to.. the Vil,iage ,of McCall, Idaho., .as .extended westerly to the high water mark of Big Payette .Lake, _and the South boundary. line of 'Lot 1 of.said.,Block:4;,. extended weSterly:to 'the West boundary line of said Big Payette Lak on the .following terms and conditions: TERM: The Term _01:-th:i.s lease shall be for 'a period of y e ar-s_-,_ "b_e g inning=on =Ap`r l 7-_-=19 6.9''; and terminate twenty-five years hence unless .extended or previously: terminated as: hereinafter .'provided. .:RENTAL: It is agreed' that the xental *for the leased "propert shall be the sum "of $1 00_per_=year, :payable $1 00,on A.pril.7, 196 and `$1•April 7th,=o-f- eaii —Of—each year 'thereafter' for the ter of IS,. lease; USE- OF PREMISES-, It is ,. unde'rs°to:od and agreed that Lessees'. - s and other. areto a ..use the :.premisefor.a , _ sporting l goods,_:but riot specifLcaily imi.ed to these items alone; and;.:'shall',be . al lowed ; to : carry' their.genera Business operations relate a snderstood that -'.the Lessee's hereti . • , , : . municipal Laws That the Lessees 1)1.-44 • to construct a building and . , • . • docks l'On the leased premises and that they. Shall have the right --t0•1•: • make such alterations and changes as they deem necessary ,iiroviding, said changes or alterations do not conflict with any ,existing Federal, State or municipal ordinances. , • . , . , •• •CONSTRUCTION It: is•''understbod •'that. the -lesSees -C:onteMplate•::: constructing a building on the above mentioned real property It .045 6 ifit ally agreed t t the-. 000$ tt qCtiO0: and be limited to the property described in the1ga1 above and - . • • that the lessees shall in no way encroach '-'uott; use or inhabit the right-of-way which is • dedicated to the City of McCall and .designated as Lake Shore Boulevard. UTILITIES, LICENSES .AND PERSONAL PROPERTY TAXES: Lessees agree,: to pay all utilities, heat, electricity, licenses and personal property taxes. SIGNS: Lessees shall have the right to place advertising signs on the buildings and premises. INSPECTION: Lessor shall have premises at reasonable times and at purpose of• inspecting the same. the • right to enter upon said reasonable intervals for the LIABILITY OF LESSORS: Lessees shall insure their belongings and property against fire in case they desire such protection and • shall pay the premiums therefor. Lessees agree to save .lessor: harinIessfrom any liability of any nature whatever by reason of personal injury to any person or. persons on the leased premises, or . • . ,„ by reason of injury to any property located on said property CaliSOW', „ .1•57',`I.se.si negligence. Lessees agree to caty public liability ABANDONMENT: In case the 1:e-a-se-e-s—aha1-1HAb-andOnor—iiaCate--,:aal-ct (le-aaee5;Tre1fft—the—raame—at7-4-JaahIrentalTalidtAlpprEianchET:erras7laS=1"it DEFAULT: It the lessees shall fail to keep and perform any other .covenants .herein contained other than the paYment:of=rellt; lessor shall first give lessees notice in -writing by mail. calling_ 'attention to the default complained of, and if lessees refuse fail to remedy or disprove the default claimed within ninety (90) days from the mailing of said notice, lessor may take possession o said premises and remove all persons and effects therefrom. In the event lessees do not pay the rental or any part thereof by •the time hereinbefore set forth, they shall be in default of the terms hereo and a notice shall be given as provided in this, paragraph, and in the event lessees fail to pay said rental within thirty (30) days from the mailing of such notice, lessor may take possession of said premises and remove all persons and effects therefrom, provided tha nothing that is contained herein shall be construed as an election of any remedy which lessor may have, or any breach .of the terms hereof.. TIME: Time is of the essence of this agreement. 'LEASE 13INDING ON HEIRS, ETC.: All of the covenants and agree- ments herein contained shall extend to and bind the heirs, devisees, executors, administrators successors and assigns of both the parties hereto. TERMINATION: Lessees agree that upcn the termination of this lease they will remove all of their belongings from the premises Lessor in as good condition as the J.essees received the same;:. depreciation from the reasonable use and occupancy excepted COMPLIANCE WITH LAW":. Lessees:agree to;observe and._ comply with_' 'al 'rules, regulations andlaws now in effect or which may be enacted during, the continuance of this lease by any municipal, county, . state or federal authorities having jurisdiction over sai premises, including building fire regulationsand ordinances. ASSIGNING AND SUBLETTINGes may: assigtrthzs- lease or' sublet the- prem s_e.s==in wkioii_e=o_r=.xn:=part :pro_v de-d tl ey first pbta n the >writ teri consent-of-Lessor—to-do—s-o this PROPERTY STATUS: It is understood: that under, .the, terms o lease the Lessor makes no warranty as to the condi.tion of the; title of this property nor to the Lessors specific right to lease: the;.aforementioned,property. Lessees agree to take the property' as is. In the event that any third,party or parties, make claim to the property, Lessee agrees to defend. against such claim, being' responsible for all costs of such defense and will notlookto. the Lessor in any manner whatsoever. Further, it is specifically understood that the Lessor shall in no way be responsible to the Lessees or any third party for any claims made resulting from this. lease or the conducting of the business upon these premises. Further;, should ,any third party challenge the .Lessor's right to lease this property, Lessees agree to defend any and all action pertaining thereto attheir expense. OPTION TO RENEW: In the event Lessees are not in default under .the terms of this lease, then the Lessor grants to the Lessees an: option to renew the lease for -an additional ten (10) year period " v On this w n day of 1969, before Me, • the under- signed, a Notary. Public in and f6r said State,. personal lY . appeared `' Vensil Zes and fl.4//a..: , Mayor and:,' City p'lerk of the ,CITY OF MCCALL„ a municip orportiti.on, known to_ the to be the persons whose names- are suhscrihed to the' foregoing instrument and acknowledged to `:me that they 'executed': the same for='. and on behalf of said corporation. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my -official seal, the day anal year inn this certificate first ;above written. STATE OF IDAHO s Notary:.Public `':for Idaho Res idence ?,1��i` . Idaho` On this 4 dayof , 1969.E before me; the under,- signed, a Notary Public in and for said State, personally appeared A. go KRIGBAUM and JAMESGQ HARDY, dba Sports Marina, a _co- partnership, known to me to be the persons whose names are sub- scribed to the foregoing instrument, and acknowledged to me that they _executed the same. IN WITNESS WHEREOF, have hereunto set my hand and affixed my' official seal, the day and year in this certificate first above written,. tvOt .Barr.. The optical .to renew:,".sh1.1 he exercise (30) days prior to the termination of this lease :by r; feat :thiityr:. written notice given .t_o:the Lessor by the Lessees ,..signifying _the intention,.o the Lessees to renew. This lease shall be executed in duplicate, one copyfor the. ;e:ssor and one copy for the Lessees ° thecopies being acknowledge an 0 ,essees agree not to file'the same for record so as to encumbe tle', being understood -and agreed that Lessees' possession said premises is sufficient -`.notice of .their interest- therein.. Lessees further agree to pay all costs and attorneys fees incurred by Lessor in enforcing the terms of this lease. IN WITNESS WHEREOF, the parties hereto have hereunto set their- hands and seals, the day and year in this Lease'. Agreement first above written. CITY OF McCALL, a municipal corporation. BY: G'27,0.• ATT�FrST : Mayor C; tyT Clerk' LESSOR i.` R' `Ki'igba; Ja s • Hardy. Doing Business a SPORTS MARINA, a'-.04par.tnershi LESSEES 3 Q J a ao J J w w z 0 U -1 O J z w Q 0 (r) � w z cc 0 Q 300 LENORA STREET McCALL, IDAHO 83638 a 0 x 0 m 0 d PHONE (208) 634-2108 or (208) 634-2100 ASSIGNMENT OF LEASE PAGE 1 WHEREAS, on or about the 7th day of April, 1969, Sports Marina, Inc., an Idaho corporation, therein referred to as "Lessee", did enter into an agreement for the lease of real `state with The City of McCall, a Municipal Corporation„ therein referred to as "Lessor", by which the Lessor and the Lessee agreed to lease, all that certain real property situate and lying in the County of Valley, State of Idaho, more particularly described as follows, to -wit The land between the West boundary of Lake Shore Boulevard, and the high water mark of Big Payette Lake between the extension of the North -boundary tine of Lot 10,. Block 4, McCall First Addition to the Village of McCall, Idaho, as extended westerly to the high water marl: of Big Payette Lake, and the South boundary line of Lot 1 of said Block 4, extended westerly to the West boundary line of said Big Payette Lake, together with the inprovements thereon, and WHEREAS, Spurts Marina, Inc_., an Idaho Corporation, now desires to sell, assign, convey and transfer all of its right, title and interest in and to said lease and the real property and improvements therein described9 NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that , the. undersigned, Sports Marina, Inc., an Idaho Corporation' for value received, does hereby assign, transfer and set over unto Dean Weidner, all of it}.right, title and interest in and to the hereinabove described lease, subject to all the terms and conditions thereof, and does hereby assign unto the said. Dean Weidner, all of our right, title and interest in and to the lease of property therein described. NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that Dean Weidner, does hereby accept the assignment above referred to and the lease therein and does agree to perform the covenants and. conditions therein contained to be kept and to be performed by the Lessee therein, and to hold said, Sports Marina, Inc., harmless from the performance of said. conditions and agreements. That any and all Notices concerning said lease shall be deemed delivered upon deposit of the same in the United States mails addressed to me at 4467 Forest Avenue, Mercer Island, Washin.gnton 96040. Dated this 15th day of July, 19B4. a J f- Q cc Q o -� w W u� Z 7 O U J p J Z W Q O N � w Z 0 H F a 300 LENORA STREET McCALL, IDAHO 83638 0 0 Cg N v m 0 0 `o m 0 N v tO cn 0 CO-.• . 0 00 0 MN r-i X W o Z m O .2 O a d ASSIGNMENT OF LEASE. PAGE 2 Assignor: Sports Marinas Inc - James W. Hardy President Attest: 7// Patricia F. Hardy Secretary State of Washington, ) (_.s. County of King. ) On this C day of Assignee: t Dean Weidner i454, before mes the undersigned, a Notary Public: in and for said states personally appeared Dean Weidner, known to me to me the Person whose name is subscribed to the within and foregoing instruments and acknowledged to me that he executed the same. Ihl WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. State of Idaho, ( SS. County of Valley. On this ,�2,� day of 3s 1984s before mes the undersigned, a Notary Publaic in and for said States personally, appeared James W. Hardy and Patricia F. Hardy, known to me to be the President and Secretary, respectively, of the Corporation that executed the within instruments and acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have hereunto set mg. hand and Q J Q • cc Q 0 J J w � z 0 U J p J z w Q O N � w z cc 0 Q 300 LENORA STREET McCALL, IDAHO 83638 P.O. BOX 1300A PHONE (208) 634-2108 or (208) 634-2100 7 8 9 10 11 12 13 14 = Ts 16 17 18 19 20 21 22 23 24 25 26 ASSIGNMENT OF LEASE PAGE 3 affixed my official Seal the day and r in this certificate first above written. J Notary. Pull is==fdr Idaho . Residing at MC al_1e-Idaho.: CONSENT TO ASSIGN Pursuant to that lease entered into on the 7th day of April, 1969, by and: between the City of McCall, a Municipal Corporation, therein referred to as "Lessor",- 'and Sports Marina, Inc., an Idaho corporation, therein referred to as "Lessee", the undersigned hereby consents to the reassignment and assumption of said lease and improvements therein described, to: Dean Weidner 4467 Forest Avenue Mercer Island, Washington 98040 144/ /"41 ' �.� Dated this day of , i-4.A4. -Att aren Beckler City Clerk State of Idaho, County of Valley. 1 < ss. The City of McCall, a Municipal Corporation By: Cl ode L. Archer, Jr. Mayor On this / �‘-- day of 1-9841 before me, the undersigned, a Notary Public in and for said state, Personally appeared Clyde L. Archer, Jr. and Caren Beckler, known to me to be, respectively, the Mayor and City Clerk of. the City of McCall, whose names are subscribed to the within instrument., and acknowledged to me that they executed the same for and on behalf of the City of McCall, Valley County, Idaho. IN WITNESS WHEREOF, I have hereunto set my hand and Pao Q M o J m � N QO aI Q0 U o 0 w w J W Z to Q o ] Q ) 0 O w g J o Z d W Q J i) 0 o m �j0 0 0 m N 0 x0 Z m O F 2 Q p a a ASSIGNMENT OF LEASE PAGE 4 affixed my official seal the day and year first above written.. �ssaoaaesr:a;� • Notary Public for Idaho Residing at McCall, Idaho