FY2026-41 Land Lease for use of Service Area #1 at 3523 E. Rezanof Drive with Fields RentalRental Agreement
Page 1 of 4
RENTAL AGREEMENT
THIS RENTAL AGREEMENT is executed in duplicate this
1st day of April, 2025, by and between Fields Rentals hereinafter called
the "Landlord" and Kodiak Island Borough on behalf of Service District 1,
is hereinafter called the "Tenant" as follows:
1. Landlord, in consideration of rents, covenants and
agreements hereinafter set forth to be paid and performed by Tenant does
hereby rent to Tenant, and Tenant does hereby accept and rent from
Landlord, that certain rental property described as:
3523 E. Rezanof Dr.
Located in Kodiak, Alaska, hereinafter referred to as, the "Rented
Premises."
This lease shall run for a period of 1 year commencing on the
lst day of January, 2025.
Lease is extendable in yearly increments (4) for a total of 5
years.
Tenant agrees to give written OR verbal notice, thirty (30) days before
the next lease extension which is on January 1 annually. Also, Tenate
agrees to give written notice of his intention to vacate the premises.
2. Tenant agrees to pay as rent, the sum of
$1,000 per month, in two annual payments. First Payment due on or before
January 1 and second payment due on or before July 1St. Rent shall increase
by 5% at each extension as follows:
2026: $6,300 on or before January 1 and $6,300 on or before July 1St.
2027: $6,515 on or before January 1 and $6,515 on or before July 15t.
2028: $6,841 on or before January 1 and $6,841 on or before July 1st.
2029: $7,183 on or before January 1 and $7,183 on or before July 13t
Rent shall be paid to Landlord at 4022 Cliffside Rd., Kodiak, AK 99615
or at such other place as Landlord may hereafter designate in writing.
Rental Agreement
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3. Tenant has examined the Rented Premises, accepts them in their present
condition, and covenants to keep the premises at all times clean and in as
good order and condition as they are now in or may hereafter be put in by
Landlord, ordinary wear and tear resulting from careful usage and damage
by the elements without fault on the part of Tenant alone excepted. After
examination of the rented premises Tenant has executed the attached
Condition of Rented Premises form which is incorporated into this Agreement
and is made a part hereof by reference.
4. Landlord or his authorized agent may have access to the
premises in any emergency situation, without notice. In addition, upon
twenty-four (24) hours' notice of intent to enter, Tenant shall allow the
apartment manager or his agent free access to the rented premises for the
purpose of inspection, or to show the premises to prospective renters,
purchasers, mortgagors, or to any other person having a legitimate interest
therein, or to make necessary repairs or improvements, but this right shall
not be construed as an agreement on the part of the Landlord to make any
repairs or improvements. Such entry to the Landlord or his agents shall
be at reasonable times.
5. (a) Tenant shall not assign this agreement or any interest
therein. This agreement shall not be assignable or transferable by
operation of law.
6. (a) If rent is unpaid when due and Tenant fails to pay rent
within ten (10) days after written notice of such non-payment of rent and
Landlord's intention to terminate this Agreement, this tenancy shall
terminate and the Landlord may immediately recover possession of the rental
unit.
(b) If there is any other material noncompliance with any
of the provisions of this Rental Agreement, Landlord shall serve written
notice on Tenant specifying the acts and omissions constituting such breach
and specifying that the rental agreement will terminate upon a date twenty
(20) days after receipt of the notice. Tenant shall have ten (10) days to
remedy such a breach. If the breach is remedied by repairs or the payment
of damages or otherwise before the date specified in the notice, the Rental
Agreement will not terminate.
(c) In the absence of due care by Tenant, if substantially
the same act or omission which constituted a prior breach for which notice
was given recurs within six (6) months, Landlord may terminate this Rental
Agreement upon ten (10) days written notice specifying the breach and date
of termination of the Rental Agreement.
7. Should the leased premises be wholly or partially destroyed
this Agreement shall be automatically and immediately terminated.
8. Tenant insurance is available through insurance carriers. It
is the Tenant's responsibility to provide his own fire, liability, casualty
Rental Agreement
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or theft insurance, if such insurance is desired. landlord shall not be
responsible for any loss of, or damage to property of Tenants or for
liability except as required by law.
9. Waiver of any default, or of the breach of any of the
covenants, conditions or rules herein contained shall not constitute a
waiver of any subsequent default or of any subsequent breach of the same
or of any other covenant, condition or rule herein contained.
10. Tenant hereby agrees that the Landlord shall have the right
to place and maintain "For Rent" signs in the Rented Premises and to show
the Rented Premises to prospective tenants at reasonable hours for a period
of thirty (30) days prior to the expiration of the tenancy under this
agreement.
11. Service of all written notices required by this agreement
is sufficient if given personally or mailed to the party involved at his
respective address as set forth in this agreement, or at such address as
the party may provide in writing from time to time. Any such notice mailed
to such address is effective when deposited in the United States mail,
duly addressed and with postage prepaid.
12. If Landlord sells his interest in the rented premises, then,
at the option of Landlord or Tenant, this Agreement may become null and
void, and the terms will be of no effect after the date of sale, and after
thirty (30) days prior notice has been given.
13. This instrument, its attachments and rules promulgated now
or hereafter under its terms, embodies the whole contract between the
parties, and no representation or agreement has been made by either of
such parties that is not embodied herein.
14. Tenant agrees that the premises is to be used and occupied
only by Service District 1 contractors.
IN WITNESS WHEREOF the parties have signed this Agreement the
year and day first hereinabove written.
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odiak Island orougNOV
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t,.�-c A*wlruwo
Service District 1
OCT 1 0 2024
Duncan Fields ! KODIAKISLAND BOROUGH
Fields Rentals Fr;.=WUR;NG � FAC!LITIE'
4022 Cliffside Rd.
Kodiak, AK 99615
October 6, 2024
Re: Rent for use of Gravel/Salt Storage and Distribution Property
Dear Service District 1 Board:
As you are aware I own the property along Rezanof drive that the Service District has been using
for gravel and salt storage and distribution. Initially, when the Service District first move
materials and equipment on the property, it was communicated to be a "temporary" use. There
was some additional clearing done and, generally speaking, the property was improved.
Thinking back, that must have been 5 or 6 years ago.
As I paid the increased property taxes on the property this year, I came to realize that I couldn't
continue to have Service District 1 continue to use the property for free. I need to secure some
income from the property. Consequently, I'd like to propose a lease to the Service District. I'm
requesting that the Service District pay $1,000 per month in rent. The term of the lease could
be month to month or for as long as the Service District would want, up to 5 years.
If you have any questions regarding my request for the Service District to pay rent for the use of
the sand/gravel/salt storage property please do not hesitate to contact me.
Truly ours,
uncan Fie s