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Charlotte E. Walker 1/9/2026
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Last modified
2/4/2026 4:23:30 PM
Creation date
2/4/2026 4:14:08 PM
Metadata
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Template:
Contracts
Contractor's Name
Charlotte E. Walker
Approval Date
1/9/2026
Council Approval Date
10/29/2025
Department
Facilities & Property Management
Department Project Manager
Paul McKee
Subject / Project Title
Lease Assignment and Assumption associated with purchase of 3310 Paine Avenue
Tracking Number
0005102
Total Compensation
$0.00
Contract Type
Real Property
Contract Subtype
Other Real Property
Retention Period
10 Years Then Transfer to State Archivist
Imported from EPIC
No
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Exhibit A to Lease Assignment and Assumption <br />20.4.6 Nothing contained herein shall create the relationship of principal <br />and agent or of partnership or of joint venture between the parties hereto and no provisions <br />contained herein shall be deemed to create any relationship other than that of landlord and tenant. <br />20.4.7 Tenant has had the opportunity to have this document reviewed by <br />counsel of its choice. Tenant agrees that no interpretation or construction shall be made with <br />respect to this document based on which party drafted the document. <br />20.5 Accumulative Remedies. No remedy or election hereunder shall be <br />deemed exclusive, but shall, wherever possible, be cumulative with all other remedies at law or <br />in equity. <br />20.6 Successor. Subject to any limitations on assignments herein, all of the <br />provisions of this Lease shall inure to the benefit of and be binding upon the successors and <br />assigns of the parties hereto. <br />20.7 Costs and Attorneys' Fees. If by reason of any breach or default on the <br />part of either party hereto it becomes necessary for the other party hereto to employ an attorney, <br />then the non -breaching party shall have and recover against the other party, in addition to costs <br />allowed by law, reasonable attorneys' fees and litigation -related expenses. The non -breaching <br />party shall be entitled to recover reasonable attorneys' fees and costs and expenses, as provided <br />above, regardless of whether litigation is actually commenced. <br />20.8 Authority. The individuals executing this Lease an behalf of Landlord <br />and Tenant represent and warrant to each other that they axe fully authorized and legally capable <br />of entering into and executing this Lease and that Landlord's execution is binding upon all <br />parties holding an ownership interest in the Premises. If Tenant or Landlord is a corporation, <br />trust, limited liability company, general or limited partnership, or other entity whose legal status <br />is recognized in its domiciling jurisdiction, each individual executing this Lease on behnif of <br />such entity represents and warrants that he or she is duly authorized to execute and deliver this <br />Lease on behalf of said entity. <br />20.9 Jurisdiction and Venue. The parties hereto do hereby consent to <br />jurisdiction and venue ofthe Superior Court of Snohomish County, State of Washington. <br />20.10 Arbitration. <br />20.10.1 Occasions for Arbitration. In the event of disputes between the <br />parties related to this Lease or the transactions or relationships contemplated hereby, such <br />disputes shall be resolved by arbitration in accordance with the provisions of this Article, and the <br />parties waive the right to proceed in courts of Jaw or equity as to these matters. <br />20.10.2 Procedure. In the event of such dispute as described in the <br />preceding section, the parties shall agree within thirty (30) days between themselves to select an <br />arbitrator. In the event the parties are unable to agree upon an arbitrator, then either party may <br />15 <br />Initial <br />
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