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HomeMy WebLinkAbout17-131 - Tukwila Village Associates LLC - Police Resource Center Lease Option for Tukwila Village17-131 Council Approval N/A Reference 12-129 LEASE OPTION AGREEMENT (Police Resource Center Lease) THIS LEASE OPTION AGREEMENT is made as of this 19th day of July, 2017, by and between TUKWILA VILLAGE DEVELOPMENT ASSOCIATES, LLC, a Washington limited liability company, ("TVDA"), and the CITY OF TUKWILA, a municipal corporation operating under the laws of the State of Washington as a non -charter code city ("Tukwila"). Recitals Tukwila is the owner of real property legally described on Exhibit A attached (the "Property"). Pursuant to (i) that certain Disposition and Development Agreement dated as of October 30, 2012 entered into by and between the City of Tukwila and Tukwila Village Development Associates, LLC, and amended by that certain First Amendment to the Disposition and Development Agreement dated as of May 18, 2015 (as amended, the "Disposition Agreement"), and (ii) that certain Real Estate Purchase and Sale Agreement (Tukwila Village Phase 1) dated August 15, 2016, as amended by Addendum #1 dated January 30, 2017 and by Addendum #2 dated June 12, 2017 (as amended, the "Purchase Agreement"), Tukwila has agreed to convey the Property to TDVA. As a condition to the closing of the purchase and sale of the Property in the Purchase Agreement and Section 2.12 of the Disposition Agreement, TVDA has agreed to grant Tukwila an option to lease a portion of the Property as provided herein. Agreement NOW, THEREFORE, for good and valuable consideration, the receipt the receipt and sufficiency of which are acknowledged, TVDA and Tukwila agree as follows: 1. Grant of Option. TVDA hereby grants Tukwila an option (the "Option") to Lease a portion of the Property (defined as the "Premises" in the Lease attached as Exhibit B), for the teen and upon all of the terms and conditions as provided in the form of Lease attached as Exhibit B (the "Lease"). 2. Term of Option. The Option granted to Tukwila herein shall commence on the date hereof and shall expire on February 15, 2018 ("Termination Date"). 3. Exercise of Option. Tukwila may exercise this Option by giving written notice to TVDA by the Termination Date. If Tukwila does not give such written notice by the Termination Date, this Option shall terminate. 4. Execution of Lease. If Tukwila exercises the Option by giving written notice to TVDA by the Termination Date, 1'VDA and Tukwila shall each cause the Lease in the form attached as Exhibit B to be fully executed, acknowledged and delivered within ten (10) days thereafter. _ 5. Operations Prior to Commencement Date. Between the closing date under the Purchase Agreement and the Commencement Date under the Lease, TVDA will operate the Property in a commercially reasonable manner and will not default in any of its obligations under any other agreement affecting the Property. 6. Notices. All notices required or permitted hereunder shall be in writing and shall be given as follows: If to TVDA: If to Tukwila: With a copy to: Tukwila Village Development Associates, LLC c/o Pacific Northern Construction Company, Inc., Manager 201 — 27th Avenue SE, Building A, Suite 300 Puyallup, WA 98374 ATTN: Bryan M. Park, Manager Email: bryanp@housing4seniors.com Office: (253) 231-5001 Fax: (253) 231-5010 City of Tukwila Office of the City Clerk 6200 Southcenter Boulevard Tukwila, WA 98188 Pepple Cantu Schmidt PLLC 1000 Second Avenue, Suite 2950 Seattle, Washington 98104 Attn: Jeffrey M. Hawkinson Email: jhawkinson@a,pcslegal.com Office: (206) 625-2302 Fax No. (206) 625-1627 Any such notices shall be (a) sent by certified mail, return receipt requested, in which case notice shall be deemed delivered three business days after deposit, postage prepaid in the U.S. mail, or (b) sent by a nationally recognized overnight courier, in which case notice shall be deemed delivered one business day after deposit with such courier; or (c) served personally, in which case notice shall be deemed given on the date of such service. The above addresses may be changed by written notice to the other party; provided that no notice of a change of address shall be effective until actual receipt of such notice. 7. Assignment. Tukwila may not assign this Option to another party without the express written consent of TVDA, which consent it may grant or withhold in its sole and absolute d iscretion. 8. General Provisions. TVDA and Tukwila agree as follows: (a) If TVDA defaults hereunder, Tukwila may seek specific performance, damages or rescission. (b) This Agreement may be modified or amended only by a writing signed by TVDA and Tukwila. (c) This Agreement shall be binding upon and shall inure to the benefit of the respective successors and assigns of the parties, including without limitation any transferee of fee simple title to the Property. (d) This Agreement shall be governed by the laws of the State of Washington. (e) Time is of the essence of this Agreement. (f) In the event of any claim or dispute arising out of this Agreement, the party that substantially prevails shall be awarded, in addition to all other relief, all legal fees and other costs and expenses incurred in connection with such claim or dispute; including without limitation those fees, costs, and expenses incurred with or without suit, and in any appeal, any proceedings under any present or future bankruptcy act or receivership, and any post -judgment proceedings. IN WITNESS WHEREOF, this Agreement is executed as of the day and year first above written. Tukwila: CITY OF TUKWILA, a municipal corporation By- e: ye: Title: Mayor Date: J LGl -19 Attest: D , By: , City Clerk Approved as to form: By: —1)-A,...,r.Q. ,.lefcct rri t .ak:0sor• City Attorney TVDA: TUKWILA VILLAGE DEVELOPMENT ASSOCIATES; LLC, a Washington corporation By: Name: Bryan M. Park Title: Manager Date: / f`T /a-07 EXHIBIT A TO LEASE OPTION AGREEMENT LEGAL DESCRIPTION OF PROPERTY The Property which is subject to this Agreement is situate in the County of King, State of Washington, and legally described as follows: PARCEL A OF CITY OF TUKWILA LOT CONSOLIDATION NO. L16-031, ACCORDING TO THAT LOT CONSOLIDATION RECORDED UNDER RECORDING NO. 20160629900001, WHICH WAS AMENDED UNDER RECORDING NO. 20160809900003, IN KING COUNTY, WASHINGTON. EXHIBIT B TO LEASE OPTION AGREEMENT FORM OF LEASE LEASE ,201_ TUKWILA VILLAGE DEVELOPMENT ASSOCIATES, LLC, as LANDLORD and CITY OF TUKWILA, as TENANT -1- LEASE THIS LEASE is entered into as of this day of , 201_, between TUKWILA VILLAGE DEVELOPMENT ASSOCIATES, LLC, a Washington limited liability company, (`Landlord') whose address 201 — 27th Avenue SE, Building A, Suite 300, Puyallup, WA 98374, and the CITY OF TUKWILA, a municipal corporation operating under the laws of the State of Washington as a non -charter code city ("Tenant"), whose address is 6200 Southcenter Boulevard, Tukwila, WA 98188. 1. EXHIBITS. DEFINITIONS AND CONDITIONS. 1.1 Exhibits. The following exhibits are attached and made a part of this Lease: Exhibit A Exhibit B Exhibit C Exhibit D Legal Description of the Property Floor Plan of Premises Site Plan Location of Tenant's Reserved Parking Spaces 1.2 Definitions. The following terms used in this Lease shall have the definitions as set forth below: "Commencement Date": means the earlier of (a) ninety (90) days after the Turnover Date or (b) the date Tenant commences conducting business in the Premises. "Commercial Improvements": means the commercial improvements at the Project consisting of (a) Commercial Unit El as identified on the Survey Map and Plans, containing approximately 1,403 square feet of Gross Leasable Area, and (b) Commercial Unit E2 as identified on the Survey Map and Plans, containing approximately 2,003 square feet of Gross Leasable Area. "Common Areas": means all lands, improvements, facilities, utilities, installations, and equipment forming part of the Project from time to time, other than parts of those lands, improvements, facilities, utilities, installations and equipment designated by Landlord for leasing to tenants of the Project, and includes, without limiting the generality of the foregoing, the exterior walls, floors and roofs of all improvements; public entries; interior lobbies and hallways; the Parking Areas and parking control equipment; the alley, sidewalks and landscaped areas; truck courts and loading areas, elevators and escalators; electrical systems and equipment; public address, intercom, music and alarm systems; heating, ventilating, air conditioning, plumbing, drainage and other mechanical systems and equipment; general signs and information facilities; public telephones; decor, furnishings; boiler and fan rooms, trash disposal and recycling facilities. "Common Area Costs": means the total of all amounts Landlord shalt have paid for reasonable costs and expenses incurred relating directly to the maintenance and repair of the Common Area in fulfilling Landlord's obligations under Section 7.1 of this Lease. If Police Resource Center Lease (Tukwila Village) 071817-2 -2- all or any part of the activities or work involved in Landlord's maintenance and repair of the Common Area is provided or performed on behalf of Landlord by any other person not affiliated with Landlord, the amount paid by Landlord to such other person for such activities or work may be included in Common Area Costs, but only to the extent that such amount so paid to such other person is separately noted and itemized and is for items of cost and expense which would be included within Common Area Costs as defined hereunder if such activities or work were performed by Landlord's employees. Common Area Costs shall not include real estate taxes or assessments (which are covered by Section 6.1) nor insurance premiums (which are covered by Section 9.2), and shall exclude the following: (i) Depreciation, except for depreciation on equipment used in the repair and maintenance of the Common Area over the useful life of such equipment; (ii) payments of principal and interest under any mortgages on the Project; (iii) payments applicable to expenses included in Common Area Costs made or owing by tenants or other occupants of the Project; (iv) corporate, income, profits, or excess profits taxes assessed upon the income of Landlord; and (v) the amounts or proceeds actually recovered by Landlord relating to damage, the costs of repair of which was included in Common Area Costs. (vi) The cost of capital assets and improvements or any other costs which would be capitalized under generally accepted accounting principles, except that Common Area Costs may include the amortization over its useful life on a straight-line basis of the cost of capital improvements that are installed primarily for the purpose of reducing Common Area Costs. (vii) Leasing commissions. (viii) Management and administrative fees in excess of ten percent (10%) of the total Common Area Costs (exclusive of any management and administrative fees, property taxes, or insurance premiums). (ix) Cost of repair and replacement incurred by reason of fire or other casualty or by the exercise of the right of eminent domain, except for Landlord's commercially reasonable deductibles. (x) Consulting fees, marketing fees, advertising and promotional expenditures. Police Resource Center Lease (Tukwila Village) 071817-2 -3- (xi) Legal fees in connection with the negotiation and preparation of leases of space, or legal fees in connection with the sale of all or any portion of the Project or an interest therein, or the refinancing of Landlord's interest in all or any portion of the Project, or in connection with disputes with tenants, and legal and auditing fees other than legal and auditing fees reasonably incurred in connection with the maintenance, repair, or operation of the Common Area. (xii) Rents payable in connection with any ground or underlying lease of all or any portion of the Project. (xiii) Any costs and expenses which are solely for the benefit of the Residential Improvements of the Project, including without limitation any costs or expenses relating to the Parking Garage. (xv) Costs resulting from the correction of any construction defect. (xvi) Penalties due to any violation of law by Landlord or other tenants. (xvii) Costs of preparing tenant space for tenant occupancy. (xviii) Costs of any utilities, services, or capital improvements relating to all or any portion of the Project which were paid directly by Tenant or any other tenant. "Floor Plan": The floor plan for the Premises attached to this Lease as Exhibit B. "Gross Leasable Area": The square footage of a particular area which shall be accurately determined by measuring from the outside of each outside wall (assuming wall thickness of no more than one foot) to the outside of the opposite outside wall, except in the case of common walls which shall be measured from the center of such common walls. The outside of a wall shall be the major portion of its outside surface and shall not include any protrusions which may extend from it. Mezzanines and exterior storage areas, vestibules, loading docks, platforms, drive through lanes and related improvements appurtenant to or used in connection with the Premises, and similar exterior facilities shall not be included in Gross Leasable Area for the Premises or the Project. "Hazardous Substances": Any hazardous, toxic, or dangerous substance, waste, or materia] (including medical waste) which is or becomes regulated under any federal, state, or local statute, rule, regulation or ordinance now or hereafter in effect pertaining to human health, environmental protection, contamination, or cleanup. "Interest": Interest shall mean 2% per annum above the rate of interest publicly announced by Bank of America, N.A., or its successors in interest, as its "prime rate", adjusted simultaneously with each adjustment in such "prime rate". 1f Bank of America, Police Resource Center Lease (Tukwila Village) 071817-2 -4- N.A. no longer publicly announces its "prime rate", the rate of interest designated by Citibank, N.A. or its successors in interest as its "prime rate" shall be used. "Lease Year": The first Lease Year shall be the period beginning on the Commencement Date and terminating twelve (12) months from the last day of the calendar month in which the Commencement Date occurs (except that if the Commencement Date occurs on the first day of a calendar month, the first Lease Year shall terminate on the day prior to the first anniversary of the Commencement Date), and in the case of each subsequent Lease Year, means each twelve (12) month period following the first Lease Year. "Master Lease": That certain long-term Master Lease dated as of July , 2107 entered into by and between Landlord, as lessee, and Tukwila Village Commercial (1) Associates, LLC, the owner of the Premises -(the "Owner"), as lessor. "Parking Areas": means any concrete and paved portions of the Project, including without limitation the Parking Garage, which have been or are to be allocated for the parking of motor vehicles, as from time to time altered, reconstructed or expanded, and includes entrances, roads and other means of access thereto and any parking structures or other parking facilities from time to time constructed in the Project. "Parking Garage": means the parking garage located under the Project, as shown on the Survey Map and Plans, which is part of the Residential Improvements. "Premises": Commercial Unit E2 of the Commercial Improvements consisting of approximately 2,003 square feet of Gross Leasable Area, located on the ground floor of the Project, as shown on the Floor Plan. "Project": That certain mixed-use building located on the Property, known as "Building E" of Tukwila Village, with an address of 4500 South 144th Street, Tukwila, WA 98168, which includes the Commercial Improvements, the Residential Improvements, and the Common Areas. "Property": The real property legally described on Exhibit A attached. "Rent": means individually and collectively all Base Rent, Additional Rent and any other monetary obligations of Tenant under this Lease. "Residential Improvements": the residential improvements at the Project consisting of: (a) the Residential Unit as identified on the Survey Map and Plans, consisting of one hundred twenty five (125) residential units, and (b) the Parking Garage, as identified on the Survey Map and Plans. "Site Plan": The Site Plan for the Project attached to this Lease as Exhibit C. "Survey Map and Plans" means the Survey Map and Plans for Tukwila Village, a Condominium, recorded under Recording No. Police Resource Center Lease (Tukwila Village) 071817-2 -5- "Structural Elements" means the foundations, load bearing walls and columns, and structural portions of all roofs, floors, parking and circulation areas. Structural Elements shall not include any wearing surface, decorative element, finish material, roof membrane, glass, or waterproofing material. "Taxes": means all taxes, assessments, and other governmental charges, general and special, ordinary and extraordinary, of any kind or nature whatsoever relating to the Project, including but not limited to assessments for public improvements or benefits, which relate to or are payable during the Term, subject only to the following: (a) Franchise, estate, inheritance, succession, capital levy, transfer, and income taxes imposed upon Landlord shall be excluded. (b) If at any time during the Term a tax, license fee or excise on Rents or other tax, however described (including business and occupation taxes), is levied or assessed against Landlord on account of the Rents payable to Landlord by the tenants of the Project, such tax or excise on Rents or other tax shall be included in "Taxes". (c) With regard to any assessment which may be levied or assessed with respect to the Project or the Premises and which under the laws then in force may be evidenced by improvement or other bonds, or may be paid in annual installments, there shall be included in "Taxes" with respect to any tax year only the amount currently payable on such bond for such tax year, or the current annual installment for such tax year. "Tenant's Commercial Proportionate Share": The percentage or proportionate share of the whole of the Commercial Improvements for which Tenant is responsible based upon the ratio of the Gross Leasable Area of the Premises to the Gross Leasable Area of the Commercial Improvements. The estimated Tenant's Commercial Proportionate Share is 58.81%. "Tenant's Project Proportionate Share": The percentage or proportionate share of the whole of the Project for which Tenant is responsible based upon the ratio of the Gross Leasable Area of the Premises to the Gross Leasable Area of the Project. The estimated Tenant's Project Proportionate Share is 1.95%. "Tenant's Work": Tenant's installation of furniture, fixtures and equipment in the Premises. "Turnover Date": The first date on which all of the following have occurred: (a) the Project has been completed in accordance with Section 5.1; (b) Landlord's Work has been substantially completed, subject only to completion of punchlist items; (c) Landlord's architect has provided a certificate of substantial completion to Landlord and Tenant with respect to the Project; (d) Landlord has delivered possession of the Premises Police Resource Center Lease (Tukwila Village) 071817-2 -6- to Tenant for Tenant's exclusive occupancy; (e) the City of Tukwila has issued a certificate of occupancy for the Premises; (0 Tenant has exercised the option in accordance with the Option Agreement dated July —, 2017 between Landlord and Tenant; and (g) Landlord has provided Tenant with commercially reasonable SNDA(s) with respect to the Master Lease and the Mortgage in accordance with Section 13.3 of this Lease. 2. PREMISES AND TERM. 2.1 Premises and Demise. Landlord hereby subleases the Premises to Tenant, and Tenant subleases the Premises from Landlord, subject to the terms and conditions of this Lease and the Master Lease. 2.2 Primary Term. The primary term ("Primary Term") of this Lease shall commence on the Commencement Date, and shall terminate at midnight on the Iast day of the fifty (5th) Lease Year. This Lease is a binding and enforceable contract on the date that it is executed by both Landlord and Tenant, even though the Primary Term does not commence until the Commencement Date. 2.3 Entry and Inspection. Prior to the Turnover Date, Tenant may enter upon the Premises during the course of construction of Landlord's Work to inspect it and take measurements so long as such entry does not unreasonably interfere with Landlord's Work. Such early entry shall not constitute acceptance of possession of the Premises by Tenant. 2.4 Extended Terms. Tenant shall have the option to extend the term of this Lease for two (2) consecutive periods of five (5) Lease Years each (each, an "Extended Term") on the same terms and conditions as provided herein for the Primary Tenn except for Base Rent. Tenant shall exercise its option to extend by giving Landlord at least four (4) months written notice ("Extension Notice") before the expiration of the Primary Term or Extended Term then in effect. Base Rent during each Extended Term shall be as provided in Section 3.1(b). 2.5 Surrender of Premises. Upon termination of this Lease, Tenant shall surrender possession of the Premises to Landlord in good condition, as modified by any repairs, alterations or improvements made by Tenant in accordance with this Lease, and subject to ordinary physical depreciation, wear and tear, Landlord's responsibility for the Premises' maintenance, and damage by fire or other insured casualty. 3. RENT. 3.1 Base Rent. (a) Primary Term. Tenant agrees to pay base rent ("Base Rent') per square foot of Gross Leasable Area in the Premises per Lease Year as follows: Police Resource Center Lease (Tukwila Village) 071817-2 -7- Lease Year Lease Years 1-5 Annual Rent / SF Monthly Rent $12.00 / SF $2,003.00 (b) Extended Terms. Tenant covenants and agrees to pay Landlord annual Base Rent for each Lease Year of each Extended Term in an amount equal to the Base Rent payable in the Lease Year immediately preceding commencement of such Extended Term increased by the percentage increase, if any, in the CPI over the five (5) Lease Year(s) immediately preceding the commencement of such Extended Term. (c) Installments. The annual Base Rent for each Lease Year of the Primary Term and any Extended Term shall be payable in equal monthly installments in advance on or before the first day of each calendar month from and after the Commencement Date. Base Rent for any partial month shall be prorated on the basis of a 30 -day month. 3.2 Additional Rent. (a) Obligation. Beginning on the Commencement Date, Tenant shall pay to Landlord as additional rent ("Additional Rent"), Tenant's Commercial Proportionate Share of real property taxes and assessments as provided in Section 6.1(a), Tenant's Project Proportionate Share of Common Area Costs as provided in Section 3.2(b), Tenant's Project Proportionate Share of insurance premiums as provided in Section 9.5, and other items of Additional Rent provided for in this Lease. (b) Time of Payment. Tenant's Commercial Proportionate Share of real property taxes and assessments shall be paid as provided in Section 6.1(a) of this Lease. Tenant's Project Proportionate Share of insurance premiums for Landlord's insurance shall be paid as provided in Section 9.5 of this Lease. Tenant's Project Proportionate Share of Common Area Costs shall be paid as follows: At least thirty (30) days prior to the Commencement Date and at least sixty (60) days prior to the commencement of each calendar year during the Primary Term and any Extended Term of this Lease, Landlord shall submit to Tenant a line item budget showing Landlord's reasonable estimate of Tenant's Project Proportionate Share of Common Area Costs for the ensuing calendar year (or in case of the Commencement Date, for the portion of the calendar year after the Commencement Date). Tenant shall pay Tenant's Project Proportionate Share as estimated by Landlord, in equal monthly installments concurrently with each monthly payment of Base Rent. Tenant shall continue to make such monthly payments until notified by Landlord of a change thereof. By March I of each calendar year, Landlord shall give Tenant a statement ("Reconciliation Statement") showing the total Common Area Costs actually incurred for the prior calendar year and Tenant's Project Proportionate Share thereof. The Reconciliation Statement shall be broken down by line item in a format reasonably acceptable to Tenant. The first and last of such statements shall be prorated as appropriate for any partial calendar year during the Primary Tenn or any Extended Term of this Lease. If the total of the monthly payments which Tenant has made for the prior calendar year is less than Tenant's actual Proportionate Share, Tenant shall pay the difference within thirty (30) days of Police Resource Center Lease (Tukwila Village) 071817-2 -8- Landlord's demand therefor. If the total of the monthly payments made by Tenant for the prior calendar year is more than Tenant's actual Proportionate Share, the difference shall be retained by Landlord and applied against the Rent next due under this Lease unless the Lease has then been terminated, in which case such amount shall be paid in cash by Landlord to Tenant within thirty (30) days after delivery of the Reconciliation Statement (together with supporting information) to Tenant. 3.3 Proration. Upon the expiration or termination of this Lease, or during or at the end of any holdover period, all Base Rent and Additional Rent shall be prorated to the date of expiration or termination, and Landlord shall promptly refund to Tenant any rent or deposit paid in advance and unearned at the time of expiration or termination and any other sums paid by Tenant for periods beyond the date of expiration or termination. 3.4 No Deduction or Offset. Except as specifically provided in this Lease, all Base Rent and Additional Rent due under this Lease shall be paid without deduction or offset. 3.5 Tenant's Right to Audit. Tenant, or its designated agents shall have the right, exercisable upon ten (10) days written notice to Landlord, to audit Landlord's operating records pertaining to the Project for up to the two preceding Lease Years for purposes of validating Common Area Costs, property taxes, insurance premiums or any other charge included within Additional Rent and Landlord shall fully cooperate with Tenant in this regard. If such audit discloses errors in determination of Additional Rent or that Tenant has erroneously overpaid any Additional Rent, Landlord shall repay such overpayment to Tenant within thirty (30) days of completion of said audit. Information obtained by Tenant as a result of such audit shall be held in strict confidence by Tenant. If it is found that Tenant has been over -charged and the error is greater than five (5%) percent, Landlord shall reimburse Tenant for the cost of the audit. Any failure of Tenant to exercise its rights under this Section shall not be a waiver of its right to do so. 4. TITLE AND USE. 4.1 Title and Authority. (a) By .Landlord. Landlord represents and warrants to Tenant as follows, which representations and warranties shall be true on the date hereof and on the Commencement Date: (a) Landlord is a limited liability company duly organized and validly existing under the laws of the State of Washington, and is duly authorized to conduct its business in the State of Washington; (b) Landlord has fee simple title to the Property and has ail the requisite right, power, title and authority to enter into this Lease and to perform its obligations hereunder; and (c) no consent or approval of any other person is necessary for the effectiveness of Landlord's obligations under this Lease. (b) .By Tenant. Tenant represents and warrants to Landlord as follows which representations and warranties shall be true on the date hereof and on the Commencement Date: (i) Tenant is a municipal corporation operating under the laws of the State of Washington as a Police Resource Center Lease (Tukwila Village) 071817-2 -9- non -charter code city; (ii) no consent or approval of any other person is necessary for the effectiveness of Tenant's obligations under this Lease, and (iii) Tenant has all the requisite right, power, and authority to enter into this Lease and to perform all of its obligations hereunder. The truth of the representations and warranties in this Section 4.1(bi on the date hereof and on the Commencement Date is, at the election of Landlord, a condition precedent to any of Landlord's obligations under this Lease. 4.2 No Restrictions. Landlord represents and warrants to Tenant that, to Landlord's knowledge, there are no easements, covenants, conditions or restrictions which affect the Property that would affect Tenant's use and occupancy of the Premises or the rights granted to Tenant hereunder. 4.3 Hazardous Substances. (a) Landlord's Responsibilities and Indemnity. Landlord will hold harmless, protect, indemnify and defend Tenant from and against any claims, demands, penalties, fees, liens, damages, losses, expenses, or liabilities (including the cost of clean-up), incurred by Tenant as a result of the presence of any Hazardous Substance on the Property to the extent existing prior to the Commencement Date or caused by Landlord, its employees, agents or contractors. This indemnity shall survive termination of this Lease. This indemnity shall not apply to any Hazardous Substance carried in stock by Tenant or introduced by (a) Tenant and/or its employees, agents, contractors, or invitees or (b) any other tenants of the Project and/or their respective employees, agents, contractors, or invitees. (b) Tenant's Responsibilities and Indemnity. Tenant shall not keep in, on or around the Premises or the Project any .Hazardous Substance except such as is used or sold by Tenant in the ordinary course of its business and then only in accordance with all applicable laws, rules, regulations and ordinances covering the storage, sale, use, and disposal of any such products. Tenant will hold harmless, protect, indemnify and defend Landlord from and against any claims, demands, penalties, fees, liens, damages, losses, expenses, or liabilities (including the costs of clean-up) incurred by Landlord as a result of any Hazardous Substance on the Premises which results from Tenant's use of the Premises or is caused by Tenant, its employees, agents or contractors. This indemnity shall survive termination of this Lease. 4.4 Quiet Enjoyment. Subject to Tenant's compliance with the terms of the Lease, Landlord warrants that Tenant shall have quiet enjoyment of the Premises and all of the rights granted hereunder without interference by Landlord, anyone lawfully acting by, through or under Landlord, or anyone having title or any lien or interest paramount to Landlord. Police Resource Center Lease (Tukwila Village) 071817-2 -10- 4.5 Use of the Premises. Tenant shall use the Premises only for the operation of a police resource center, including any lawful activities as may be incidental to the operation of a police resource center, and for no other purposes without Landlord's prior written consent, which shall not be unreasonably withheld, conditioned or delayed. Tenant will comply with all governmental rules and regulations applicable to the conduct of its business in the Premises. 4.6 Parking. Landlord agrees to provide, at no cost to Tenant, throughout the Term of this Lease, three (3) easily accessible, surface parking spaces immediately adjacent to the Premises, in the location shown on Exhibit D. Landlord shall install "Police Only" or similar signage on the parking spaces available for Tenant's exclusive use. 4.7 Tenant's Signs. As part of Landlord's Work, Landlord shall install blade and suite entry signage on the Premises, which shall be designed by Tenant and subject to Landlord's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Except as expressly permitted herein, Tenant shall not place, construct or maintain on the exterior walls of the Premises (including the exterior windows and doors of the Premises), any other signage without Landlord's prior written consent. All exterior signs when installed shall conform with all applicable regulations and building and sign codes of the applicable public authority. Landlord will cooperate with Tenant's applications for sign permits and will do nothing to impair or impede such applications. At the termination of this Lease, all signs, symbols and advertising matter attached to the Premises, whether the exterior or interior thereof, shall be removed by Tenant at its own expense, and any damage or injury to the Premises or the Project caused thereby shall be repaired by Tenant at its own expense. 5. CONSTRUCTION. 5.1 Construction of Project. As soon as reasonably possible, Landlord will cause construction of Project to be completed in accordance with all applicable laws, rules, regulations, and ordinances and ready for occupancy by tenants (except for construction of tenant improvements on unleased space). 5.2 Landlord's Work. (a) Landlord's Work. Landlord shall construct all aspects of the Premises, at its sole cost and expense, for "turnkey" delivery to Tenant ("Landlord's Work"). Landlord shall, at its sole cost and expense, cause detailed plans and specifications for Landlord's Work ("Plans") to be prepared and submitted to Tenant for approval. Tenant shall not unreasonably withhold its approval of the Plans. Tenant shall have thirty (30) days after receipt of the Plans to request any changes to the Plans and Landlord shall cause those changes to be made to the extent reasonably possible. (b) Construction of Premises. Landlord will cause Landlord's Work to be completed in a good and workmanlike manner and in accordance with the Plans approved by Tenant under Section 5.2(a) above as soon as reasonably possible. Police Resource Center Lease (Tukwila Village) 071817-2 -11- (c) Tenant's Work. After Landlord notifies Tenant in writing that Landlord's Work is substantially complete, Tenant shall, at its own expense, perform Tenant's Work. Even if Landlord's Work is not complete because of construction mistakes or omissions, Tenant may, at its option, accept the Premises on the Turnover Date subject to Landlord's agreement to remedy the construction mistakes or omissions in a timely manner and in a manner acceptable to Tenant. (d) Compliance With Law. Landlord agrees that, subject to Tenant's obligation to complete Tenant's Work, upon completion of Landlord's Work the Premises will be in compliance with all applicable laws, rules, regulations, and ordinances, including without limitation, the accessibility requirements of the Americans With Disabilities Act of 1990. 6. TAXES, ASSESSMENTS AND UTILITIES. 6.1 Real Estate Taxes and Assessments. (a) Payment of Taxes. Tenant shall pay to Landlord, as Additional Rent, Tenant's Project Proportionate Share of all Taxes. (b) Calculations. Tenant's liability for its share of taxes and assessments shall be pro -rated for the first and last Lease Years if they are not full calendar years. (c) Installments. If any Taxes may be paid in installments without penalty or interest, Tenant shall be required to reimburse Landlord only for Tenant's Commercial Proportionate Share of those installments which become due and payable during the term of this Lease. 6.2 Personal Property Taxes. Tenant shall pay prior to delinquency all personal property taxes assessed during the term of this Lease upon Tenant's fixtures, furnishings, equipment and stock in trade or upon any other personal property of Tenant situated in or upon the Premises. 6.3 Utilities. Landlord agrees that there will be available at the Premises the following utilities and services: (a) electricity and water for drinking and restroom purposes twenty-four hours a day, seven days a week; (b) heating, air conditioning, and ventilation required for normal operations in the Premises during Tenant's customary business hours; and (c) janitorial services. From and after the Commencement Date, Tenant agrees to pay for all water, sewer, heat, gas, electricity, and all other utility services or janitorial services consumed or used by Tenant in connection with its occupancy of the Premises. Landlord shall cause all such utilities to be separately metered. Nothing contained herein shall be deemed to render Tenant liable for any charges incurred prior to the Commencement Date, or after the termination or expiration of this Lease, all such charges being solely for the account of Landlord. Police Resource Center Lease (Tukwila Village) 071817-2 -12- 7. COMMON AREA. 7.1 Operation and Maintenance of Common Area. Subject to Tenant's obligation under this Lease to pay its Proportionate Share of Common Area Costs, Landlord agrees to operate the Project and maintain the Common Area of the Project in good condition and repair, consistent with similar mixed-use buildings in the greater Seattle metropolitan area. Without limitation, Landlord shall observe the following standards: (a) Landlord shall maintain the Parking Areas in good condition and repair, keeping the surfaces smooth and evenly covered with the type of surfacing material originally installed thereon or such substitute as shall be in all respects equal in quality, appearance, and durability. (b) Landlord shall periodically remove all papers, debris, filth, refuse, surface waters, snow, and ice from the Common Area and wash or thoroughly sweep paved Common Area as required. (c) Landlord shall maintain, repair, and replace such appropriate parking area entrance, exit and directional signs, markers, and lights in the Project as shall be reasonably required. (d) Landlord shall clean Common Area lighting fixtures of the Project and re - lamp and re -ballast them as needed. (e) Landlord shall repaint striping and replace markers, directional, and similar signs as necessary to maintain the same in a good condition. (f) Landlord shall install and maintain signage in the parking areas of the Project sufficient to advise users of parking restrictions, shall reasonably monitor the parking areas and reasonably enforce the parking restrictions, and to the extent reasonably necessary shall provide towing service to remove automobiles parked in violation of the restrictions. (g) Landlord shall maintain, repair, and replace landscaping as necessary to keep the same in good condition. (h) Landlord shall clean, re -lamp, and repair all signs of the Project (excluding those of tenants). (i} Landlord shall clean, repair, replace, and maintain all storm drains, sanitary sewer, domestic water, natural gas, electrical power, fire protection, water, telephone, and cable television utility facilities within the Common Area to the extent the same are not cleaned, repaired, replaced, and maintained by public utilities. (j) Landlord shall keep and maintain all elevators or escalators serving the Premises and the Common Areas in good working order and condition. Police Resource Center Lease (Tukwila Village) 071817-2 -13- (k) .Landlord shall maintain the exterior of the buildings comprising the Project, including painting when reasonably necessary for the maintenance and care of the Project. 7.2 Rules and Regulations. Landlord may adopt reasonable rules and regulations from time to time, provided that the same do not contravene any of Tenant's rights under this Lease, and provided the same shall be of general application to tenants and occupants of the Project. All rules and regulations now or hereafter in force shall in all respects be observed and performed by Tenant and its agents, concessionaires, employees, invitees, licensees and subtenants. Landlord will take all reasonable steps to enforce any rules and regulations applicable to the Project including reasonable steps necessary to require the other tenants and occupants of the Project and their employees to park their vehicles in the areas established for employees' parking, and to prevent unauthorized parking in Tenant's reserved parking spaces. Tenant agrees to cooperate with Landlord to enforce this restriction with respect to Tenant's employees. Notwithstanding the foregoing, Landlord shall not be responsible or liable to Tenant for the nonobservance or violation by any other tenant or person of the rules and regulations. 7.3 Changes to the Common Area. Upon written notice from Landlord to Tenant, Landlord may change the driveways, roadways, exits, entrances, approaches, Parking Areas, sidewalks, lighting, landscaping, pad locations, roof lights and other areas which comprise the Common Area, including the boundaries thereof, provide that, without Tenant's prior written consent, Landlord will not authorize or permit any change to the Project which would obstruct or impair visibility of or access to the Premises or affect Tenant's reserved parking spaces. 7.4 Tenant's Right to Use and Enjoyment of Common Area. Subject to Section 7.3 and Landlord's right to temporarily close portions of the Common Areas, Landlord agrees that Tenant, its customers, employees (subject to Section 7.2 above) and all persons having any business relations with Tenant shall at all times have the non-exclusive right to the reasonable free and unobstructed use and enjoyment of the Common Areas of the Project necessary for the use and enjoyment of the Premises as permitted hereunder. 7.5 Payment of Common Area Costs. Tenant shall pay to Landlord, as Additional Rent, Tenant's Project Proportionate Share of all Common Areas Costs unless this Lease expressly provides that Tenant shall pay Tenant's Commercial Proportionate Share of a certain Common Area Cost, as more particularly described herein provided, however, in no event shall Tenant be charged twice for any one category of Common Area Cost. 7.6 Allocation of Common Areas. From time to time, Landlord may permit portions of the Common Areas to be used exclusively by specified tenants, licensees, or other persons. 8. MAINTENANCE. REPAIRS AND ALTERATIONS. 8.1 Tenant's Obligations. Throughout the Term of this Lease, Tenant, at its sole cost and expense, shall clean, maintain and keep in good condition and repair the interior of the Premises. Tenant shall be obligated to perform its maintenance and repair responsibilities Police Resource Center Lease (Tukwila Village) 071817-2 -14- hereunder in accordance with the standards required by any applicable manufacturer's warranty and generally in accordance with the reasonable standards of the Landlord in connection with the maintenance of the rest of the Project. Notwithstanding any provision of this Lease to the contrary, if a condition arises in or damage exists to the Premises which condition or damage is within Tenant's duty to maintain, correct or repair, but Tenant fails to do so after reasonable notice from Landlord, Landlord may, but shall not be required to, make such repairs or perform such maintenance and Tenant shall reimburse Landlord for the reasonable and necessary costs of such repairs or maintenance within thirty (30) days after Landlord's demand for reimbursement submitted to Tenant together with an itemized statement of the repairs and charges. During the period when any warranty or guarantee of labor, material or equipment exists with respect to the Premises, Landlord agrees to cooperate with Tenant in obtaining and enforcing such guarantee or warranty with respect to Tenant's repair and maintenance obligations. Tenant's repair and maintenance obligations under this Section are expressly subject to any related obligation of Landlord in this Lease for repair, maintenance or replacement. 8.2 Landlord's Obligations. In addition to the obligations of Landlord under Section 7.1, Landlord agrees: (a) Landlord shall conduct all maintenance, repairs and replacements to the equipment for heating, ventilating and air conditioning installed and serving the Common Areas of the Project, the cost of which shall be included in Common Area Costs. (b) Landlord shall be responsible at its sole cost and expense for repair to and replacement of the Structural Elements. (c) Landlord shall re -paint when necessary those parts of the exterior of the Premises requiring painting, the cost of which shall be included in Common Area Costs. (d) In fulfilling its obligations pursuant to this Section 8.2, Landlord shall be entitled to enter the Premises upon 48 hours prior written notice and shall act as expeditiously as is reasonably possible under the circumstances. Landlord agrees that such entry will be conducted in such a manner as to minimize interference with Tenant's business in the Premises. 8.3 Tenant's Alterations. (a) Tenant, at its sole cost and expense, without need for Landlord's approval, may make such non-structural repairs, alterations, and improvements to the Premises as Tenant deems desirable in its sole discretion. Tenant may install necessary trade fixtures, equipment and furniture in the Premises, provided that such items are installed and are removable without structural or material damage to the Project. (b) Tenant shall not construct, nor allow to be constructed, any alterations or additions in, about or to the Premises which impact any of the Structural Elements, without obtaining the prior written consent of Landlord, which consent may be Police Resource Center Lease (Tukwila Village) 071817-2 -15- conditioned upon Tenant's compliance with Landlord's reasonable requirements regarding construction of improvements and alterations but such consent otherwise shall not be unreasonably withheld, conditioned or delayed. (c) When seeking the approval of Landlord as required by this Section 8.3, Tenant shall present to Landlord plans and specifications for the proposed work, if available. Prior to commencement of any work, Tenant shall obtain all governmental approvals and permits required to complete the work. Upon request, Tenant shall provide Landlord copies of all such approvals and permits. :In the event Landlord approves such alterations, Landlord shall specify whether such alterations must be removed at the expiration or earlier termination of this Lease. (d) Such alterations, additions and improvements"shall be owned by Tenant during the Term, but shall be owned by Landlord at the expiration or earlier termination of the Lease. 8.4 Removal of Fixtures. (a) So long as Tenant is not in default hereunder at the expiration of the Term, Tenant shall then have the right to remove Tenant's trade fixtures from the Premises, but Tenant shall promptly repair any damage caused to the Premises resulting from the installation or removal thereof. (b) If Tenant, following the expiration of the Lease and receipt of a notice from Landlord, fails to promptly remove any trade fixtures in accordance with such Notice, then Landlord may enter into the Premises and remove therefrom all or part of such trade fixtures without any liability and at the expense of Tenant, which expense shall forthwith be paid by Tenant to Landlord. 8.5 Landlord's Alterations. Landlord reserves the rights to: (a) make any changes or additions to the apparatus, appliances, conduits, ducts, equipment, pipes or structures of any kind in the Premises where necessary to serve adjoining premises or other parts of the Project; (b) subject to Section 7.3, alter the location, extent and nature of the Common Areas, close off parts thereof, erect additions thereto or extend any part thereof; and (c) subject to Section 7.3, make alterations or additions to the Project. All of the foregoing reserved rights may be exercised by Landlord in its sole and absolute discretion (subject to Section 7.3) and provided the same are conducted in such a manner as to minimize interference with Tenant's business in the Premises. Police Resource Center Lease (Tukwila Village) 071817-2, -16- In the event that such exercise results in a change in the Gross Leasable Area of the Project, the Additional Rent payable by Tenant thereafter shall be recalculated, but without any adjustment with respect to any earlier payment of Additional Rent. 9. INDEMNITY AND INSURANCE. 9.1 Indemnity by Tenant. During the Term of this Lease, Tenant agrees to hold harmless, protect, indemnify and defend Landlord from all demands, claims, damages, causes of action or judgments, and all reasonable expenses incurred in investigating and defending the same (including reasonable attorney fees and costs) for injury to person or property occurring to or on or about the Premises or Property and arising out of the negligence or willful misconduct of Tenant or its agents, employees or contractors, except to the extent caused by the negligence or willful misconduct of Landlord or its agents, employees or contractors. 9.2 Indemnity by Landlord. During the Term of this Lease, Landlord agrees to hold harmless, protect, indemnify and defend Tenant from all demands, claims, damages, causes of action or judgments, and all reasonable expenses incurred in investigating and defending the same (including reasonable attorney fees and costs) for injury to person or property occurring to or on or about the Premises or Project and arising out of the negligence or willful misconduct of Landlord or its agents, employees or contractors, except to the extent caused by the negligence or willful misconduct of Tenant or its agents, employees or contractors. 9.3 Landlord's Insurance. Continuously during the Term of this Lease, Landlord shall keep in full force and effect a policy or policies of property insurance covering the Project, providing "Special Form" coverage. In addition, Landlord shall maintain at all times commercial general liability insurance for property damage and bodily injury covering the Common Area with coverage and insurance carrier requirements at least equal to those required of Tenant. Property insurance shall be in the form of replacement cost insurance in an amount equal to one hundred percent (100°/x) of the full replacement cost of the Project, and containing a waiver of any co-insurance clause. Upon written request, Landlord shall provide certificates of insurance evidencing such coverage to Tenant. Landlord may name Landlord's mortgagee as a loss payee. Notwithstanding the foregoing, Landlord may, in its sole discretion, also procure and maintain such other casualty, liability, rent loss, and such other policies as Landlord may determine. Any liability insurance carried by Landlord shall be secondary to the liability insurance carried by Tenant. Any property insurance carried by Landlord shall not cover any improvements, fixtures, equipment, inventory, or other personal property of Tenant and/or its employees and invitees. Landlord's insurance coverage may include blanket, layered, umbrella, separate, and/or conventional forms of policies, as well as such deductibles and retention levels as Landlord determines appropriate. 9.4 Tenant's Insurance. During the Term, Tenant shall procure and maintain at its own expense commercial general liability insurance against claims for bodily injury, including death, personal injury and broad forn property damage or loss, arising out of or with respect to any construction of improvements on the Premises, the use, operation, occupation and/or condition of the Premises or the operations of Tenant in, on or about the Premises including Police Resource Center Lease (Tukwila Village) 071817-2 -17- products and completed operations and contractual liability coverage. The limit of liability shall be not less than One Million Dollars ($1,000,000) per occurrence and Two Million Dollars ($2,000,000) in the aggregate, with a deductible or retention amount not exceeding Fifty Thousand Dollars ($50,000). 9.5 Obligation to Pay. Tenant shall pay to Landlord, in equal monthly installments as Additional Rent, Tenant's Project Proportionate Share of the insurance premiums for the insurance required under Section 9.2 above. Landlord will provide Tenant with an invoice showing the coverage and pro -rata cost of each type of insurance. 9.6 General Requirements. (a) Certificate of Insurance. All policies of insurance required to be carried hereunder shall be evidenced by an appropriate evidence of insurance (ACORD Form 24 for property insurance and ACORD Form 25 for all others). (b) Licensed in State. All policies of insurance required to be carried hereunder shall be written by companies licensed to do business in the state of Washington and having an A.M. Best's financial strength rating of "A-" or better and an A.M. Best's Financial Size Category of Class "VII" or higher, and shall not contain a deductible greater than $50,000 or any self-insured retention. (c) Primary. All policies of insurance required to be carried hereunder shall contain a clause that such policy and the coverage evidenced thereby shall be primary and non-contributing with respect to any policies carried by any other party, and that any coverage carried by another party shall be excess insurance. All insurance coverage must be on an "occurrence basis" ("claims made" forms of insurance are not acceptable) and shall contain a severability of interests endorsement. (d) Additional Insured. All Tenant's liability policies shall name Landlord, Landlord's property manager and such other parties reasonably requested by Landlord as additional insureds utilizing ISO Endorsement CG 20-10 07 04 or its equivalent. All Landlord's liability policies shall name Tenant and such other parties reasonably requested by Tenant as additional insureds utilizing ISO Endorsement CG 20-10 07 04 or its equivalent. (e) Notice of Cancellation. Not be subject to cancellation except upon at least thirty (30) days prior written notice to each additional insured (or ten (10) days for non- payment of premium). The policies of insurance containing the terms specified herein, or duly executed certificates evidencing them, together with satisfactory evidence of the payment of premiums thereon, shall be deposited with each additional insured at least prior to the Turnover Date and subsequently not less than ten (10) days prior to the expiration of the original or any renewal term of such coverage. Police Resource Center Lease (Tukwila Village) 071817-2 -18- 9.7 Waiver of Subrogation. Except for the waiving party's deductible amount, each party hereby waives, and each party shall cause their respective property insurance policy or policies to include a waiver of such carrier's, entire right of recovery (i.e., subrogation) against the other party, and the officers, directors, agents, representatives, employees, successors and assigns of the other party, for all claims which are covered or would be covered by the property insurance required to be carried hereunder or which is actually carried by the waiving party. 10. DAMAGE BY CASUALTY. 10.1 Total Damage. If the Project or the Premises should be totally or substantially destroyed by fire or other casualty or peril, this Lease shall terminate automatically. 10.2 Partial Damage. If the Premises or the Project are partially damaged by fire or other casualty or peril, Landlord shall diligently make a good faith determination of the period of time it would take to perform the repair work under normal working conditions (and then existing availability of materials) and pursuant to the laws, rules, and regulations of the state, federal, county, and municipal authorities having jurisdiction thereover. If such damage is fully covered by insurance and the repair thereof can reasonably be made within ninety (90) days after the date such determination is made, Landlord shall, subject to the provisions of this Section, forthwith make such repairs (provided Landlord shall have no obligation to repair or reconstruct any of Tenant's Work). If such damage is not fully covered by insurance, Landlord may elect to terminate this Lease upon sixty (60) days prior notice to Tenant. If repairs cannot reasonably be made within said 90 -day period, either Landlord or Tenant may elect to terminate this Lease upon sixty (60) days prior notice to the other. 10.3 Rental Abatement. In the event of damage or destruction to the Premises or any other portion of the Project as a result of which Tenant cannot reasonably conduct its business in the Premises, Tenant's obligation to pay Base Rent and Additional Rent of any sort shall entirely abate from the date of such damage or destruction until the damage or destruction has been repaired or restored. if the Premises are partially damaged, impaired, or destroyed, Tenant may, at its election continue business, but Tenant's obligation to pay Base Rent and Additional Rent shall be partially abated until the Premises are restored in the proportion that the unusable Gross Leasable Area of the Premises bears to the Gross Leasable Area of the Premises before such damage or destruction. 10.4 Damage or Destruction at End of Term. Notwithstanding anything to the contrary contained herein, Landlord shall not have any obligation to repair, reconstruct, or restore the Premises or Project when the damage or destruction occurs during the last twelve (12) months of the term of this Lease. If any such damage or destruction occurs during the last twelve (12) months of the term of this Lease, Landlord may elect to terminate this Lease upon sixty (60) days prior notice to the other. If any such material damage or destruction to the Premises occurs during the last twelve (12) months of the term of this Lease, Tenant may elect to terminate this Lease upon sixty (60) days prior notice to the other. Police Resource Center Lease (Tukwila Village) 071817-2 -19- 11. CONDEMNATION AND GOVERNMENTAL ACTION. 11.1 Total Taking. In the event of a total taking of the Premises by condemnation or eminent domain or under the threat thereof, this Lease shall automatically terminate as of the date possession is taken by the condemning authority. 11.2 Partial Taking. If any portion of the Premises is taken by condemnation or by any other governmental action, taking or damage, and such taking, in Tenant's sole judgment, renders the Premises unsuitable for Tenant's operations, then Tenant may terminate this Lease as of the date possession is taken by the condemning authority by written notice to Landlord. In the event of such termination, Tenant shall be released from any liability arising thereafter under this Lease except for any payments due Landlord by Tenant and Tenant's indemnity and other obligations arising prior to the date of termination set forth above. 11.3 Restoration. If this Lease is not so terminated upon condemnation or eminent domain, Landlord shall promptly restore the Premises, to the extent practicable, to a unit architecturally and functionally comparable to the unit existing just prior to such taking or damage, provided that Landlord shall not be obligated to expend an amount greater than that which was awarded to Landlord for such taking, and this Lease shall continue; but, commencing with the date on which Tenant is deprived of the use of any portion of the Premises, the Base Rent shall be reduced by the percentage by which the fair market rental value of the Premises (with the rights granted under this Lease) after the taking or damage is reduced from such fair market rental value of the Premises prior to such taking or damage and Tenant's Commercial Proportionate Share or Tenant's Project Proportionate Share shall be adjusted to reflect such taking. 11.4 Proceedings. Nothing contained herein shall prevent Landlord and Tenant from prosecuting claims in any condemnation proceedings for the value of their respective interests; provided, Landlord reserves all rights to an award for damages to the Premises (including any leasehold value) and Tenant hereby assigns to Landlord any right Tenant may have to such an award, provided that Tenant's right to receive compensation for the value of trade fixtures and personal property in the Premises and any award for Tenant's interruption of business and moving expenses shall be the property of Tenant, but only to the extent that the compensation awarded to Tenant shall be in addition to and shall not diminish the compensation awarded to Landlord as provided above. Subject to the foregoing, neither Landlord nor Tenant shall have the right to claim any portion of the condemnation award separately allocated to the other party. 12. DEFAULT. 12.1 Tenant: Tenant's Default. Any one or more of the following is an "Evens of Default" by (a) Tenant fails to make any payment of Rent when due, and such failure is not cured within ten (10) calendar days after Landlord's notice to Tenant. The notice shall specify the amounts past due. Police Resource Center Lease (Tukwila Village) 071817-2 -20- (b) Tenant fails to observe or perform any other covenant, condition or provision of this Lease (other than the payment of Rent) to be observed or performed by Tenant, and such failure is not cured within thirty (30) calendar days after Landlord's notice to Tenant. The notice shall specify the covenant, condition or provision of this Lease that Tenant has failed to observe. However, if Tenant's default is such that more than thirty (30) calendar days are reasonably required for its cure, then Tenant shall not be deemed to be in default if Tenant commences such cure within said thirty (30) calendar day period and thereafter diligently prosecutes such cure to completion. (c) A petition to have Tenant adjudged a bankrupt, or a petition for reorganization or arrangement under any law relating to bankruptcy is filed against Tenant (unless, in the case of a petition filed against Tenant, it is dismissed within sixty calendar days of filing), or a trustee or receiver is appointed to take possession of substantially all of Tenant's assets located on the Premises or of Tenant's interest in this Lease, and such possession is not released in thirty (30) calendar days after appointment of said trustee or receiver, or the filing of the petition for the appointment of the same, whichever occurs first. 12.2 Landlord's Remedies. Upon the occurrence of an Event of Default by Tenant, Landlord may thereafter exercise any right and obtain any remedy available to it at law or in equity including, without limit, the following remedies: (a) Terminate the Lease and Tenant's right to possession of the Premises by any Iawful means and upon such notice as may be required hereunder and by law, in which case this Lease shall terminate and Tenant shall surrender possession of the Premises to Landlord; or (b) Upon written notice to Tenant, continue the Lease in effect whether or not Tenant shall have abandoned the Premises. In such event Landlord shall be entitled to enforce all Landlord's rights and remedies under this Lease, including the right to recover Rent as it becomes due. In such event, Landlord shall use reasonable diligence to relet the Premises. Any rental or other amounts realized by Landlord from such reletting, after deducting all expenses incurred by Landlord to put the Premises in tenantable condition and to obtain a new tenant shall be applied against amounts due from Tenant hereunder. 12.3 No Waiver. No provision of this Lease shall be deemed to have been waived by Landlord or Tenant unless a written waiver from the waiving party has first been obtained and, without limiting the generality of the foregoing, no acceptance of Rent subsequent to any Event of Default and no condoning, excusing or overlooking by Landlord or Tenant on previous occasions of any Event of Default nor any earlier written waiver shall be taken to operate as a waiver by Landlord or Tenant or in any way to defeat or affect the rights and remedies of Landlord or Tenant. 12.4 Default by Landlord. It shall be an Event of Default by Landlord under this Lease if Landlord fails to perform an obligation required of Landlord under this Lease, and such failure is not cured within thirty (30) calendar days after written notice by Tenant to Landlord, provided, however, that if the nature of Landlord's default is such that more than thirty (30) Police Resource Center Lease (Tukwila Village) 071817-2 -21- calendar days are reasonably required for its cure, then it shall not be considered an Event of Default by Landlord if Landlord commenced such cure within said thirty (30) day period and thereafter diligently prosecutes such cure to completion. 12.5 Tenant's Remedies. Upon the occurrence of an Event of Default by Landlord, then at the option of Tenant and without limiting any other available legal or equitable remedy, Tenant may terminate this Lease. Upon any Event of Default by Landlord, Tenant shall have the right, but not the obligation, to incur any cost or make any expenditure reasonably necessary to remedy Landlord's default, in which case Landlord shall reimburse Tenant for any expenditure made or cost incurred and Tenant shall have the right to withhold Rent. If, as the result of Landlord's default or failure to perform, immediate action is necessary to avoid potential injury to Tenant's customers or employees or actual injury to Tenant's business or property, Tenant may, but shall not be required, to take such action immediately and withhold Rent or seek recovery from Landlord. 12.6 Other Remedies. Except as provided herein, Landlord and Tenant shall have all other remedies provided by law or statute to the same extent as if fully set forth herein. No remedy herein conferred upon or reserved to Landlord or Tenant shall exclude any other remedy herein or by law provided, including termination of this Lease, but each shall be cumulative. 13. GENERAL PROVISIONS. 13.1 Attorney Fees. If legal action is necessary to enforce or interpret this Lease, the prevailing party in such litigation shall be entitled to be reimbursed by the other party for reasonable attorney fees, litigation expenses, and statutory costs as awarded by the court. Such fees, costs and expenses shall include those incurred in the enforcement and collection of any judgment, the litigation of any right under bankruptcy law, and any appeal from any proceeding. 13.2 Assignment and Subletting. (a) Tenant shall have the right, without Landlord's consent, to permit any office, department or division of the City of Tukwila to occupy and use the Premises for any governmental function. Except as provided in the preceding sentence, Tenant may not assign this Lease or sublet the whole or any part of the Premises without Landlord's consent, which consent may be granted or withheld in Landlord's sole and absolute discretion. Landlord agrees to promptly respond in writing to any written request from Tenant for consent to an assignment or sublease. Any sublease or assignment without Landlord's consent shall be void. If Tenant sublets or assigns this Lease, Tenant shall remain fully and primarily liable to Landlord for the payment and performance of Tenant's obligations hereunder. When requesting consent, Tenant shall provide or cause the proposed assignee or subtenant to provide to Landlord all available information as to the responsibility, reputation, financial standing and business experience of the proposed assignee or subtenant. Tenant shall be responsible for all costs and expenses incurred by Landlord in reviewing a request for consent to an Assignment, including reasonable attorneys' fees, all of which shall not exceed a total of $1,000.00. Police Resource Center Lease (Tukwila Vilfage) 071817-2 -22- (b) Tenant shall pay to Landlord the full amount of any Transfer Premium derived by Tenant from any assignment or subletting. "Transfer Premium" shall mean all rent and any other consideration payable by a subtenant, assignee, or other transferee in excess of the Rent payable by Tenant under this Lease (on a per square foot basis, if less than all of the Premises is assigned or sublet), after deducting therefrom any brokerage commissions in connection with the assignment or sublet actually paid by Tenant to an unaffiliated broker. If any part of the consideration for such assignment or sublet shall be payable other than in cash, Landlord's share of such non-cash consideration shall be in such form as is reasonably satisfactory to Landlord. The Transfer Premium payable hereunder shall be due within ten (10) days after Tenant receives such payments. 13.3 Subordination; Recognition. If Landlord desires to place a mortgage or deed of trust on the Project ("Mortgage"), or to place a ground lease or master lease on the Project ("Master Lease"), and the holder of such Mortgage ("Mortgagee"). or the lessor under such Master Lease requires ("Ground Lessor") that this Lease be subordinate thereto, Tenant, upon the written request of Landlord, agrees to execute a commercially reasonable subordination, non- disturbance and attornment agreement ("SNDA") with such Mortgagee or Ground Lessor, provided that the Mortgagee or Ground Lessor, as applicable, executes an agreement with Tenant, as follows: (a) that in the event of foreclosure of such Mortgage, the Mortgagee shall not join Tenant in any foreclosure action and Tenant's possession of the Premises shall remain undisturbed and Tenant's rights under this Lease shall be recognized and shall not be adversely affected so long as there is no Event of Default by Tenant hereunder; and (b) that in the event of the termination of any such Master Lease, this Lease shall not be terminated, but shall continue as a direct Lease between the Ground Lessor and Tenant, and that Tenant's possession of the Premises shall remain undisturbed and Tenant's rights under this Lease shall be recognized and shall not be adversely affected so long as there is no Event of Default by Tenant hereunder; (c) that Tenant may remove Tenant's fixtures from the Premises in accordance with the provisions of this Lease; and (d) the form is otherwise reasonably acceptable to Tenant. In the event that, as of the date this Lease is executed, the Premises is then subject to any Mortgage or any Master Lease, Landlord agrees to use commercially reasonable efforts to obtain and deliver to Tenant SNDAs with such Mortgagee and/or Ground Lessor, which are in commercially reasonable form and comply with the provisions of this Section 13.3. Landlord acknowledges that the Turnover Date will not be deemed to have occurred unless or until such SNDAs are provided or this condition is waived by Tenant. 13.4 Estoppel Certificate. Whenever requested in writing by Landlord, Tenant shall execute and deliver within fourteen (14) days an estoppel certificate in form reasonably requested by Landlord in favor of Landlord, it lender, and/or any prospective purchaser or lender for the Project. Tenant's failure to deliver such certificate within the time provided shall be conclusive against Tenant that the information set forth in the certificate or acknowledgment which Tenant was requested to execute is as set forth in such certificate. 13.5 Sale by Landlord. If Landlord sells or otherwise transfers all or part of its interest in the Project in a bona fide transaction where the proposed purchaser or transferee of Police Resource Center Lease (Tukwila Village) 071817-2 -23- such interest is an unrelated third party who shall assume Landlord's obligations under this Lease, then Landlord shall be relieved of any obligation hereunder following the effective date of such transfer. However the foregoing requirements of Landlord shall not apply to any transfer of only a part of the Project to any municipality or other governmental or similar authority or utility supplier, including, without limitation, for road widenings, utility easements, easements for access, grade, pipes, poles, transformers, wires, or other like purposes. The liability of Landlord to Tenant for any default by Landlord under this Lease or arising in connection herewith or with Landlord's operation, management, leasing, repair, renovation, alteration, or any other matter relating to the Premises or the Project, shall be limited to the interest of Landlord in the Project and the proceeds thereof. Tenant agrees to look solely to Landlord's interest in the Project and the proceeds thereof for the recovery of any judgment against Landlord, and Landlord shall not be personally liable for any such judgment or deficiency after execution thereon. 13.6 Trade Fixtures And Personal Property. Any trade fixtures, equipment and other personal property installed in or attached to the Premises by and at the expense of Tenant shall remain the property of Tenant, except in any case where Tenant is the lessee of any trade fixtures, equipment or other property, in which case the lessor of such property shall retain title. Landlord agrees that Tenant shall have the right or may assign this right at any time up to the expiration or termination of this Lease or any extension or renewal thereof to remove any and all of its trade fixtures, equipment and other personal property which it may have stored, attached to, or installed in the Premises; provided, however, that Tenant will repair all damage to the Premises occasioned by such removal and no auctions or bulk or liquidation sales may be held at or from the Premises. 13.7 Notices. Any notice provided for herein shall be delivered by a reputable courier service or by certified United States mail, postage prepaid, addressed as set out in the opening paragraph of this Lease. All Notices shall be in writing and shall be effective at such time as they are delivered (or delivery is refused). The person and the place to which notices are to be mailed may be changed by either party by written notice to the other. 13.8 Rights of Successors. Subject to Section 13.2. all rights and obligations under this Lease shall bind, and inure to the benefit of, the parties hereto and their successors and assigns. 13.9 Holdover. If Tenant shall hold over without the consent of Landlord following the expiration of the Term of this Lease, such holding over shall be under the terms of this Lease and any non -conflicting terms of this Lease shall apply to the holdover tenancy, except that the Base Rent payable during the holdover period shall be 125% of the Base Rent payable immediately prior to the holdover period. 13.10 Interest. Except as otherwise provided herein, any sum which remains due and owing from either Landlord or Tenant to the other after the date on which it should have been paid in accordance with the provisions of this Lease shall bear Interest from the date due. Police Resource Center Lease (Tukwila Village) 071817-2 -24- 13.11 Severability. If any term or provision of this Lease or the application thereof to any person or circumstances shall to any extent be invalid and unenforceable, the remainder of this Lease or the application of such term or provision to persons or circumstances other than those as to which it is invalid or unenforceable shall not be affected thereby, and each remaining tern and provision of this Lease shall be valid and be enforced to the extent permitted by law. 13.12 Time of Essence. Time is of the essence. The failure of a party to insist upon a strict performance of any of the terms, conditions and covenants herein shall not be deemed a waiver of any rights or remedies that said party may have and shall not be deemed a waiver of any subsequent breach or default in the terms, conditions and covenants herein contained. 13.13 Amendments. No change in the provisions of this Lease shall be effective unless made in a non -electronic writing or a fax, in either case bearing the hand signatures of the parties to this Lease. 13.14 Entire Agreement. There are no verbal or other agreements (unless attached hereto or specifically referred to herein) which modify or affect this Lease. This Lease supersedes any and all prior agreements executed by or on behalf of the parties hereto regarding the Premises. 13.15 Force Majeure. Notwithstanding anything in this Lease to the contrary, Landlord and Tenant shalt not be deemed to be in default in respect of the performance of any of the terms, covenants and conditions of this Lease if any failure or delay in such performance is due to any strike, lockout, civil commotion, warlike operation, invasion, rebellion, hostilities, military or usurped power, sabotage, governmental regulations or controls, or Act of God ("Force Majeure"); provided, however, that this provision shall not excuse any obligation of Landlord or Tenant to make any payment due to the other; including, but not limited to, Base Rent or Additional Rent. 13.16 Relationship of Parties. Nothing contained herein shall be deemed or construed by the parties hereto, nor by any third party, as creating the relationship of principal and agent or of partnership or of joint venture between the parties hereto and nothing in this Lease is intended or shall be construed to benefit anyone not a party to this Lease. 13.17 Brokerage Commissions. Landlord and Tenant each represent and warrant to the other that, to its knowledge, no broker, agent or finder (a) negotiated or was instrumental in negotiating or consummating this Lease on its behalf, or (b) is or might be entitled to a commission or compensation in connection with this Lease. Landlord shall promptly indemnify, protect, defend and hold Tenant harmless from and against any and all claims, damages, judgments, suits, causes of action, losses, liabilities, penalties, fines, expenses and costs (including attorneys' fees and court costs) that may be asserted or brought by any broker, agent or finder alleging representation of or agreement with Landlord in connection with this Lease. Tenant shall promptly indemnify, protect, defend and hold Landlord harmless from and against any and all claims, damages, judgments, suits, causes of action, losses, liabilities, penalties, fines, expenses and costs (including attorneys' fees and court costs) that may be asserted or brought by Police Resource Center Lease (Tukwila Village) 071817-2 -25- any broker, agent or finder alleging representation of or agreement with Tenant in connection with this Lease. The foregoing indemnities shall survive the expiration or earlier termination of this Lease. 13.18 Prevailing Law. This Lease shall be governed exclusively by the provisions hereof and by the laws of the State of Washington as they exist from time to time. 13.19 Recordation. Neither Tenant nor anyone on Tenant's behalf or claiming under Tenant shall record this Lease or any short form of this Lease. Tenant shall, upon request by Landlord, execute and acknowledge a short form memorandum of lease for purposes of recording. [signatures on following page] Police Resource Center Lease (Tukwila Village) 071817-2 -26- IN WITNESS WHEREOF, Landlord and Tenant have signed this Lease as of the date first above written. "Landlord" TUKWILA VILLAGE DEVELOPMENT ASSOCIATES, LLC, a Washington limited IiabiIity company By: Name: Bryan M. Park Title: Manager Date: "Tenant" CITY OF TUKWILA, a municipal corporation By: Name: Allan Ekberg Title: Mayor Date: Attest: By: , City Clerk Approved as to form: By: City Attorney Police Resource Center Lease (Tukwila Village) 071817-2 -27- STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) I HEREBY CERTIFY that on this day of , 201 , before me, the undersigned, a notary public in and for the State of Washington, duly commissioned and sworn, personally appeared Bryan M. Park, to me known to be the Manager of TUKWILA VILLAGE DEVELOPMENT ASSOCIATES, LLC, a Washington limited liability company, the company that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said company for the uses and purposes therein mentioned, and on oath stated that he or she was authorized to execute said instrument on behalf of said company. WITNESS my hand and official seal the day and year certificate first above written. (Print Name) Residing at My appointment expires STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) I HEREBY CERTIFY that on this day of , 201 , before me, the undersigned, a notary public in and for the State of Washington, duly commissioned and sworn, personally appeared Allan Ekberg, to me known to be the Mayor of the CITY OF TUKWILA, a Washington non -charter optional municipal code city, the municipal code city that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said municipal code city for the uses and purposes therein mentioned, and on oath stated that he or she was authorized to execute said instrument on behalf of said municipal code city. WITNESS my hand and official seal the day and year certificate first above written. (Print Name) Residing at My appointment expires Police Resource Center Lease (Tukwila Village) 071817-2 -28- EXHIBIT A LEGAL DESCRIPTION COMMERCIAL UNIT 2, BUILDING E, OF TUKWILA VILLAGE, A CONDOMINIUM, ACCORDING TO DECLARATION THEREOF RECORDED UNDER RECORDING NO. ; SAID UNIT IS LOCATED ON SURVEY MAPS AND PLANS FILED IN VOLUME OF CONDOMINIUMS, AS PAGES THROUGH , IN KING COUNTY, WASHINGTON, TOGETHER WITH COMMON ELEMENTS, LIMITED COMMON ELEMENTS AND APPURTENANT EASEMENTS IN BUILDINGS C, D AND E. EXHIBIT A EXHIBIT B FLOOR PLAN OF PREMISES EXHIBIT B EXHIBIT C SITE PLAN EXHIBIT C EXHIBIT D LOCATION OF TENANT'S RESERVED PARKING SPACES EXHIBIT D