NWS HOLDINGS LLC 12/30/2024 - Laserfiche WebLink

City Notice Parks and Facilities Department Address City of Everett 2930 Wetmore Ave Everett, WA 98201 Time Period Monthly Fee 2025 $5,000.00 2026 $5,000.00 2027 $5,150.00 2028 $5,303.50 2029 $5,463.64 Monthly Fee 2030 $5,627.54 2031 $5,796.37 2032 $5,970.26 2033 $6,149.37 2034 $6,333.85 2035 $6,523.86 NWS must also pay leasehold excise tax, as set forth in Section 3 below. City will provide electricity, water, and gas for the Ballfield Property for an initial amount of $12,000/year, which will be paid by NWS to the City in monthly installments of $1,000/month effective January 1, 2025, and City-Provided which is in addition to the monthly fee. Beginning the January 1 after the Services to first year of completed Services (as defined in Exhibit B) after completion Ballfield Property of turf infields (as described in Exhibit C), this annual amount will be adjusted each year, with the intent that annual amount will cover the City's annual cost to provide electricity, water, and gas to the Ballfield Property. Exhibit A: Legal Description / Depiction of Ballfield Property Exhibit B: Standards for Operation and Management of Ballfield Property Exhibit C: NWS Initial Project Exhibits Exhibit D: Extension Term Exhibit E: City Owned Inventory List All exhibits and attachments to exhibits are incorporated into this Agreement. GENERAL PROVISIONS 1. BALLFIELD PROPERTY. The City licenses to NWS the Ballfield Property to manage and use as set forth in this Agreement and to provide the Services (as defined in Exhibit B). NWS has examined the Ballfield Property and is in all respects familiar with the Ballfield Property and the improvements in the Ballfield Property. NWS accepts the Ballfield Property and its improvements in their"as is" condition. NWS further acknowledges and 2