FY2017-10 Lease agreement with Kodiak Area Special OlympicsCoA4ra�"
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LEASE AGREEMENT
THIS LEASE AGREEMENT is made this first day of July, 2016 and between
THE KODIAK ISLAND BOROUGH, a borough organized under the laws of the state of
Alaska, hereinafter called Landlord, and Kodiak Area Special Olympics, hereinafter called
Tenant.
For and in consideration of the covenants, rents and demises, and upon the terms and
conditions hereinafter set forth, the parties agree as follows:
I . Premises. Landlord, for and in consideration of the rents, covenants and conditions
hereinafter specified to be paid, performed and observed by Tenant, does hereby let, lease and
demise to Tenant the improved real estate particularly described as follows:
Certain office space of approximately one hundred sixty-two (162) square feet consisting
principally of Suite 1, a closet, and storage as well as a proportional share of the
designated common space consisting of an additional two hundred thirteen and thirty-three
hundredths (213.33) square feet for a total of three hundred seventy-five and thirty-three
hundredths (375.33) square feet in the Borough Annex Building located at 610 Mill Bay
Road including the parking area associated with the building located on the following
described real property:
Lot Seven B One (7134A), USS 2538 A, Kodiak Recording District, Third Judicial
District, State of Alaska (Plat 2012-14).
The aforesaid office space, hereinafter referred to as the leased premises, is more
specifically depicted or outlined on the floor plan attached hereto as Exhibit A.
Tenant, upon paying the rents, and performing all of the terms and covenants on this part
to be performed, shall peaceably and quietly enjoy the leased premises subject nevertheless, to
the terms of this lease, and to any deed of trust or mortgage to which this lease is subordinated.
2. Term of Lease. The term of the lease shall be for the period of five (5) years
following the commencement of the term, unless sooner terminated as hereinafter provided. The
term of the lease shall commence on July 1, 2016, and shall expire at 5:00 P.M., Alaska Standard
Time on June 30, 2021.
In the event the foregoing commencement provision results in a commencement date
other than on the first day of a calendar month, the rent shall be immediately paid for such initial
fractional month prorated on the basis of a thirty (30) day month.
Tenant shall have the option to extend the initial term of lease for up to two (2) additional
two (2) year periods on the same terms and conditions. Tenant may exercise this option by
providing written notification to Landlord at least sixty (60) days prior to the effective date of
termination of this Lease Agreement or any extension thereof.
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3. Termination of Lease. Both parties have the right to terminate this lease with ninety
(90) days written notification.
4. Rental. In consideration of the demise and leasing of the premises aforesaid by
Landlord, the Tenant covenants, stipulates and agrees to pay to the Landlord as rental for said
premises hereinabove described the sum of four hundred fifty dollars and forty cents ($450.40)
in advance, on or before the first day each month of the lease tern.
All rentals, unless and until otherwise directed in writing by Landlord, shall be paid to the
Landlord at 710 Mill Bay Road, Kodiak, Alaska 99615, or at such other place as Landlord may
designate from time to time in writing.
Landlord reserves the right to increase the rent cost based on cost increases on an annual
basis. A ninety (90) day notice will be provided to Tenant before the change is made.
5. Alteration of Premises. Tenant shall not make any alterations, additions, or
improvements in or to the leased premises without first obtaining the written consent of
Landlord. Any such alterations, additions and improvements consented to by Landlord shall be
made at Tenant's expense. Tenant shall secure all governmental permits required in connection
with such work, and shall hold Landlord harmless from all liability and liens resulting therefrom.
All alterations, additions and improvements, except trade fixtures and appliance and equipment
which do not become attached to the building, shall immediately become a part of the realty and
the property of the Landlord without obligation to pay therefor, except that Landlord may require
removal of all or part thereof by Tenant at the termination of the lease, at Tenant's expense, and
Tenant shall pay for or repair any damages to the leased premises, including, without limitation,
any necessary patching, repainting, and repairing caused by such removal. Upon removal of the
trade fixtures and appliances and equipment which do not become attached to the building,
Tenant shall restore the leased premises to the same condition that they were in prior to the
installation of said items, including, without limitation, any necessary patching, repainting and
repairing. Any trade fixtures, appliances, equipment or other property not removed from the
leased premises by Tenant upon termination of the lease shall be deemed abandoned by Tenant,
provided that Tenant shall save Landlord harmless from any loss, cost, or damage arising from
Tenant's failure to remove such items.
6. Use of Premises. The leased premises shall be used for general office space, and for
no other purpose, without the prior written consent of Landlord. Tenant shall not use or permit
the leased premises or any part thereof to be used for any purpose in violation of any municipal,
borough, state, federal or other governmental law, ordinance, rule or regulation. Tenant agrees
that Tenant, together with all other persons entering and/or occupying the leased premises at
Tenant's request or with Tenant's permission, will abide by, keep and observe all reasonable
rules and regulations which Landlord may make from time to time for the management, safety,
care and cleanliness of the building, and the preservation of good order therein, as well as for the
convenience of other occupants and tenants of the building, and for the use of any parking areas
adjacent to the building. The violation of any such rules and regulations shall be deemed a
material breach of the lease by the Tenant. Tenant shall not, without Landlord's prior written
consent, use, operate or install any electrical or mechanical equipment, machinery, or mechanical
devices in the leased premises, except in compliance with the highest standards applicable to the
leased premises, or to the use, operation, or installation of such equipment, machinery or devices,
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generally recognized by the profession or industry in which Tenant is engaged, nor shall Tenant
use the leased premises, or any machinery or equipment therein, in such a manner as to cause
substantial noise or vibration, or unreasonable disturbance to other tenants in the building.
In the event Tenant's use of the leased premises causes an increase in Landlord's fire or
hazard insurance premiums; Tenant shall reimburse Landlord for the amount of such increase.
7. Taxes. Tenant shall pay any and all taxes levied on personal property and trade or
other fixtures in the leased premises, and any license and excise fees and occupation taxes
covering business conducted on the leased premises, and as additional rent, an amount equal to
any sales taxes on rentals payable hereunder.
8. Utilities. Landlord shall furnish, at its expense, the following utilities and services
for normal office use of the leased premises:
a. Electricity for normal lighting and office use. Special or additional electrical
requirements shall be paid by Tenant.
b. Heat, snow removal for common areas, and sewer and water based on normal
office use.
Tenant shall provide at his expense all other utilities and services used at the leased
premises, including phone and cable.
Landlord shall not be liable for any loss or damage caused by or resulting from any
variation, interruption or failure of said utilities or services, arising from any cause, condition or
event; and no variation, interruption or failure of such utilities and services incident to the
making of repairs, alterations, or improvements, or arising from any accident, strike, condition,
cause or event in whole or in part beyond the reasonable control of Landlord shall be deemed an
eviction of Tenant or relieve Tenant from any obligation hereunder.
9. Maintenance and Repairs. Landlord shall, at its expense, maintain and keep in good
repair the foundations, exterior walls, roof and other structural portions of the building. Tenant
shall, at its expense, maintain the interior of the leased premises at all times in good condition
and repair, all in accordance with the laws of the State of Alaska and all directions and
regulations of governmental agencies having jurisdiction hereof. Tenant shall commit no waste
of any kind in or about the leased premises, and Tenant shall pay for all damage to the building,
as well as damage to tenants or occupants hereof, caused by Tenant's misuse or neglect of the
leased premises, its apparatus or appurtenances. At the expiration of the tern hereof, or on the
termination of this lease, Tenant shall surrender the leased premises, its apparatus or
appurtenances. At the expiration of the tern hereof, or on the termination of this lease, Tenant
shall surrender the leased premises in good and clean condition, normal wear and tear and
damage by fire or other casualty excepted.
Landlord shall maintain and repair all plumbing, lines and equipment installed for
the general supply of hot and cold water, heat, ventilation and electricity, except that Tenant shall
be responsible for any and all maintenance and repairs attributable to obstruction or objects
deliberately or inadvertently introduced or placed in the fixtures, lines or equipment by Tenant,
his employees, agents, licensees or invitees.
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Landlord shall not be responsible or liable at any time for any loss or damages to
Tenant's equipment, fixtures or other personal property of Tenant or to Tenant's business except
to the extent attributable to Landlord's negligence.
Landlord shall not be responsible or liable to Tenant or to those claiming by,
through
or under Tenant for any loss or damages to either the person or property of Tenant that
may be occasioned by or through the acts or omissions of persons occupying other portions of
the building.
Landlord shall not be responsible or liable for any defect, latent or otherwise, in
the building in which the leased premises is situated, or any of the equipment, machinery,
utilities, appliances or apparatus therein nor shall it be responsible or liable for any injury, loss or
damage to any person or to any property of Tenant or other person caused by or resulting from
bursting, breakage or by or'from leakage, stream or snow or ice, running or the overflow of water
or sewerage in any part of said leased premises, the building, or the surrounding area, or for any
injury or damage caused by or resulting from acts of nature or the elements, or for any injury or
damage caused by or resulting from any defect in the occupancy, construction, operation or use
of any of said leased premises, building, machinery, apparatus or equipment by any person or by
or from the acts or negligence of any occupant of the premises, unless Landlord itself is
negligent.
10. Fire and Other Casualty. Should the leased premises be damaged by fire or other
casualty, and if the damage is repairable within four (4) weeks from the date of occurrence (with
the repair work and the preparations therefore to be done during regular working hours on
regular work days), the damages shall be repaired with due diligence by Landlord, an in the
meantime the monthly rental shall be abated in the same proportion that the untenable portion of
the leased premises bears to the whole thereof. Should the leased premises be completely
destroyed by fire or other casualty, or should they be damaged to such an extent that the damage
cannot be repaired within the four (4) weeks of the occurrence, Landlord shall have the option to
terminate this lease, and Landlord shall advise Tenant within thirty (30) days after the happening
of any such damage whether Landlord has elected to continue this lease in effect or to terminate
it. If Landlord shall elect to continue this lease in effect, it shall commence and prosecute with
reasonable diligence any work necessary to restore or repair the leased premises. ]f Landlord
shall fail to notify Tenant of its election within said thirty -day period, Landlord shall be deemed
to have elected to terminate this lease, and the lease shall thereafter automatically terminate. The
commencement by Landlord of repair work shall be deemed to constitute notice that Landlord
has elected to restore or repair the leased premises. For the period from the occurrence of any
damage to the leased premises to the date of completion of the repairs (or to the date of
termination of the lease if Landlord shall elect not to restore the leased premises), the monthly
rental shall be abated in the same proportion as the portion of the leased premises bears to the
whole thereof.
In the event restoration or repair is delayed by acts or omissions of Tenant, there
shall be no abatement of rental during the period of such delay. if the fire or damage is caused
by the carelessness, negligence or improper conduct of Tenant, then notwithstanding other
provisions of this lease, Tenant shall remain liable for the rent, without abatement, during any
period of repair or restoration.
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If the Landlord,in itsdiscretion, decide days after the
days from the date of such notice, as if that date had been originally fixed as the expiration date
of the term herein leased. Tenant and Landlord hereby mutually release each other from liability
and waive all right of recovery against each other for any loss from perils insured against under
their respective fire insurance policies, including any extended coverage and endorsements
thereto; provided, however, that this paragraph shall be inapplicable if it would have the effect.
but only to the extent that it would have the effect, of invalidating any insurance coverage of
Landlord 1
Restoration or repair work conducted in the common areas, in areas of the building
unicased, or leased to other tenants, or the noise or interference arising therefrom, shal I not be
deemedan evictionofTenant,or breachofthis lease,but or breachofthis leasebut
Tenant's obligation to pay rent shall be abated during such period of time as Tenant is unable to
conduct business at the leased premises by reason of actual physical interference with use of the
leased premises ofsuch restorationor repair!
IL Subletting and AssigLiment. Tenant shall not sublet the leased premises, or any
,cart there4 or assign this lease
part by operation of law or through any court proceedings, without the prior written consent of
Landlord to such subletting or assigning; any such assignment or sublease without Landlord's
written consent shall be • #'
If Tenant is a corporation, any merger, consolidation, or dissolution to which it is a party,
or any change in ownership of a majority of its voting stock outstanding, shall constitute an
9-ssignment of this lease for purposes of this paragraph.
12. Indemnification. Tenant shall indemnify, defend, and hold harmless the
Landlord, its officers, employees, and agents from any legal liabilities, including reasonable
any time duringand/orarising out of or ! ! with Tenant's negligent use
or
occupancy of : procure 1 maintain commercialliability
insurance
e, which coverage,
to the leased premises, shall not be less than
$250,000 ! person ! bodily / death, pertaining$500,000 1" occurrence forbodily injury or
1 $100,000 for property damage.1 !rfshallbe + as an additional f in
such policy or policies. Such policy or policiesbe written by r1 r
company or companies satisfactory to Landlord. Upon the signing of this Agreement, certificates
of insurance showing compliance with the foregoing requirements shall be furnished by Tenant
to Landlord for approval. Certificatespolicy or 1!licies will be
according to the policy provision. Maintenance of such insurance and the performance by Tenant
of the obligation under this paragraph shall not relieve Tenant of liability under this indemnity
13. Common Areas and Facilities. Landlord shall have the right to construct, maintain
and operate lighting and other improvements on all said areas; to change the area, level, location
and arrangement for common areas and other facilities and temporarily to close the common
areas to effect such changes.
All common areas and facilities which Tenant may be permitted to use and occupy are to
be used and unoccupied under a revocable license, which shall not be unreasonably revoked, and
if any such license be revoked or if the amount of such areas be changed or diminished, Landlord
shall not be subject to any liability nor shall Tenant be entitled to any compensation or
diminution or abatement of rent nor shall revocation or diminution of such areas be deemed
constructive or actual eviction.
14. Liens. Tenant will not permit any mechanics', laborers' or material men's liens to
stand against the leased premises or improvements for any labor materials furnished to Tenant or
claimed to have been furnished to Tenant, or to Tenant's agents, contractors, or sublessee, in
connection with work of any character performed or claimed to have been performed on said
premises or improvements by or at the direction of sufferance of Tenant; provided, however,
Tenant shall have the right to contest the validity or amount of any such lien or claimed lien. In
the event of such contest, Tenant shall give to Landlord such reasonable security as may be
demanded by Landlord to insure payment of such lien or such claim of lien. Tenant will
immediately pay any judgment rendered with all proper costs and changes and shall have such
lien released or judgment satisfied at Tenant's own expense.
The foregoing provisions respecting liens shall apply to all liens, of any kind or nature,
asserted against the leased premises or improvements thereon, including liens arising out of,
incident to, or connected with the use and occupation of the leased premises by Tenant.
15. Default. if Tenant at any time during the term of this lease (and regardless of the
pendency of any bankruptcy, reorganization, receivership, insolvency or other proceedings, in
law, in equity or before any administrative tribunal, which have or might have the effect of
preventing Tenant from complying with the terms of this lease) shall:
(a) Fail to make payment of any installment of rent or of any other sum herein
specified to be paid by Tenant, and Tenant fails to cure such default within ten (10) days after
such failure to make payment: or
(b) Fail to observe or perform any of Tenant's other covenants, agreements or
obligations hereunder, and if within thirty (30) days after Landlord shall have given to Tenant
written notice specifying such default or defaults, Tenant shall not have commenced to cure such
default and proceed diligently to cure the same; or
(c) If Tenant has filed a Petition under Chapter l 1 of Bankruptcy Act, 11 O.S.C. 701
et seq., or a voluntary petition under any other provision of said Bankruptcy Act, or if Tenant
finally and without further possibility to appeal or review:
(1) is adjudicated as bankrupt or insolvent; or
(2) has a receiver appointed for all or substantially all of its business or assets on the
ground of Tenant's insolvency; or
(3) has itself appointed as a debtor-in-possession; or
(4) has a trustee appointed for it after a petition has been filed for tenant's reorganization
under the Bankruptcy Act of the United States known as the Chandler Act or any future law of
the United States having the same general purpose; or
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(5) if Tenant shall make an assignment for the benefit of creditors, then in any such event
Landlord shall have the right at its election, then or at any time thereafter, and while such default,
defaults or events shall continue, to give Tenant notice of Landlord's intention to terminate this
lease and all Tenant's rights hereunder, on a date specified in such notice, which date shall not be
less than ten (10) days after the date of giving of such notice, and on the date specified in such
notice, the term of this lease and all rights granted Tenant hereunder shall come to an end as fully
as if the lease then expired by its own terms, and Tenant hereby covenants peaceable and quietly
to yield up and surrender to Landlord said leased premises and all structures, buildings,
improvements and equipment located thereon, and to execute and deliver to Landlord such
instrument or instruments as shall be required by Landlord as will properly evidence termination
of Tenant's rights hereunder or its interest therein. In the event of termination of this lease as in
this paragraph above provided, Landlord shall have the right to repossess the leased premises and
such structures, buildings, improvements and equipment, either with process of law or through
any form of suit or proceeding, as well as the right to sue for and recover all rents and other sums
accrued up to the time of such termination, and damages for rent not then accrued. Landlord
shall also have the right, without resuming possession of the premises or terminating this lease,
to sue for and recover all rents and other sums, including damages, at any time and from time to
time accruing hereunder.
16. Notices. Any and all notices required or permitted under this lease, unless
otherwise specified in writing by the party whose address is changed, shall be mailed, certified or
registered mail, or delivered, to the following addresses:
LANDLORD: TENANT:
Kodiak Island Borough Kodiak Area Special Olympics
710 Mill Bay Road 3200 Mountain View Dr.
Kodiak, Alaska 99615 Anchorage, Alaska 99501
Any such notices shall be deemed effective on the date of mailing or delivery.
17. Costs Upon Default. In the event either party shall be in default in the
performance of any of its obligations under this lease or an action shall be brought for the
enforcement thereof, the defaulting party shall pay to the other all the expenses incurred therefor,
including a reasonable attorney's fee.
In the event either party shall without fault on its part be made a party to any
litigation commenced by or against the other, then such other party shall pay all costs and
reasonable attorney's fees incurred or paid by such party in connection with such litigation.
18. Rights or Remedies. Except insofar as this is inconsistent with or contrary to any
provision of this lease, no right or remedy herein conferred upon or reserved to Landlord is
intended to be exclusive of any other right or remedy, and each and every right and remedy shall
be cumulative and in addition to any other right or remedy given hereunder, or now or hereafter
existing at law or in equity or by statute.
19. Waiver and Forbearance. Except to the extent that Landlord may have otherwise
agreed in writing, no waiver by Landlord of any breach by Tenant of any of its obligations,
agreements or covenants hereunder shall be deemed to be a waiver of any subsequent breach of
the same or any other covenant, agreement or obligation. Nor shall any forbearance by Landlord
Page 7of10
to seek a remedy for any breach of Tenant be deemed a waiver by Landlord of its rights or
remedies with respect to such breach.
2p, lns ection. Landlord shall at all reasonable Landlord shall also Tenant's
he retitled to puts
have access to the premises for the purpose of inspection.
se" or "for lease" signs in and about the leased premises, ease term and any extended terms
es
'to lea 60 days of the
to prospective tenants, during the last sixty ( ) Y
durin period of time after Landlord has given Tenant a notice of intention to terminate
and g an Y
under paragraph 15 of this lease.
21, Notices ofNonres nsibili . Landlordmay enter the demised premises at any
Z-Motices of nonrespon ty
time for the purpose of posting n
Successors in Interest. This lease shall be binding upon and inure to the benefit of
22' s of the parties hereto
the respective heirs, successors and assign p
after the end of the
23. Holdin Over. In the event that the Tenant holds over t r the first day of the
term, the tenancy shall be needed a month-to-month tenacy
holdover period. agres that any
24, gi ns. Landlord shall provide one sign fs or the Tenant. ret of thea La d o d.
other Sign or signs installed on the demised premises shall be with the c n
25. Memorandum of Lease. Tenant agrees that Teecn�atn twill not o recordandum this
for At
the request of either Landlord or Tenant, the parties shall ex
in u ng this lease, in such form as may be satisfactory to their
recording purposes in lieu of recordi
respective attorneys.
2e nIey 1 Certificates. Tenant shall, at any time and from time to time upon not
less than fifteen (l5) days, prior request by Landlo leasee s ia�fu11 force and effect adge and nd
deliver to
Landlord a statement in writing certifying that this
the dates to
unmodified (or in full force and effect and
e b if ed and
ad��C a mod' {eaTenant entered into
which the rent(s) and any other charges h P
occupancy of the leased premises and the date the lease lt of hispease, and the existence oand
°
P
any claims of Tenant against Landlord arising as a resthis lease bynt
nature of any defenses or offsets claimed by Tenant against
f orcemet to h paragraph
may be
ed
Landlord; it being intended that any such statement d P
upon b any prospective purchaser or encumbrancer (including asd' gmnan ha 1 ursuani premises.
d
relied p Y
In the event Tenant fails so to certify within such fifteen {1 submitted Y Pe
to have
certified and admitted the accuracy of information ease by Landlord in good faith
to any prospective purchaser or encumbrancer in respect to
27, Excuse for Non rformance. Either party hereto shall be excused from
performing any or all of its obligations hereunder with respect
t erformancerand construction
u obligation
perf g
work required under the terms of this lease for such Mmes pe
is revented or delayed by an act of God, floods, explosion, the elements, war, invasion,
A
page 9 of 10
insurrection, riot, mob violence, sabotage, terrorist activity, inability to procure labor, equipment,
facilities, materials or supplies in the open market, failure of transportation, strikes, lockouts,
action by labor unions, or laws or order of governmental agencies, or any other cause whether
similar or dissimilar to the foregoing which is not within the reasonable control of such party.
28. Construction of Lease, This lease shall be governed by and construed in
accordance with the laws of the State of Alaska
Words of gender used in this loess shall mean and include any other gender, and
singular shall mean and include the plural and the phual the singular, where applicable, and
when the sense requires.
29. Condemnation. If the Leased Premises shall be taken or condemned for any
public purpose to such an extent as to render the Leased Premises cnananlable, this Lease
Agreement shall. at the option of either party, cease and terminate as of the date when possession
is taken. All proceeds firorn any taking or comdemnation of the Leased Premises shall bekmg to
and be paid to Landlord, and Tenant shall have no right to any portion of the amount that may be
awarded or paid to Landlord as a result of such taking. Tenant shall be entitled to pursue any and
all damtages fi=n the condemner personal to Tenant resulting from condemnatim
34. Subonlination wW Nond This lease and al l of the rights of Tenant
hereunder are and shall be subject and subordinate to the lien of every deed of trust and every
mortgage now or hereafter placed on the demised premises or any part dtereof (except the
property of Tenant and others stated to be ranzovable under paragraph 4 of this lea4 and to any
and all renewals, modifications, consolidations, replacements, extensions or suubs*utions of any
sw,h mortgage or deed of trust ("emmnbrartces').
IN WITNESS WHEREOF, the parties have hereunto set their hands and
seals this day of mm„mm rt 2016.
TENANT:
u
ATTEST:
I I , All .
Z..,,.
F
ugh Derk, Nova vier
LANDLORD:
THE KODIAK ISLAND BOROUGH
Borough Manager
Exhibit A
610 MILL BAY ROAD FLOOR PLAN
Teen Court (218 sq ft) Red Cross (285 sq ft)—WO 0(162�aq R)
Common Areas (840 sq fl)
Drafted by the Kodiak Island Borough 1119/2016
Kodiak Island Borough 1710 Mill Bay Road I Kodiak, AK 99615
Resource Manager. 907-486-9304
CERTIFICATE LIABILITY INSURANCE 05/0312016
THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY
TIVELY
ENO, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BEIV THE ISSUING INSLIftERISI,
AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.
IMPORTANT II The Certificate holder Is an ADDITIONAL INSURED, the ll"Iesj must be endorsed. Of SUBROGATION IS WAIVED, siI to me terms and conditions of the paI'sey, certain Policies
endorsereent. A statement on this ceffitate does not confer ' hts to that tea holder In Ikea of such endurse ni s .
PRODUCER
American Specialty Insurance & Risk Services, Inc,
7609 W, Jefferson Blvd., Scute 100
FOS � n rN assay
NA ED INSURED
Spacial Olympics, Inc., All Special Olympics Accredited U.S, Programs
1133 191h Street NW INSURER(S) AFFORDING COVERAGE NAIO
Washington, OO 20036 INSURER A: Philadel hla Indemnity Insurance Co an 16056
INSURER B.
SPECIAL OLYMPICS ALASKA INSURER C.
9200 MT, VIEW DRIVE INSURER D:
ANCHORAGE, Art 99501 INSURER E:
INSURER F:
COVERAGES CERTIFICATE NUMBER: 1001296601
............................................................................................................................................................................................................................
THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED, NOT WITHSTANDING ANY
REQUIREMENT, TERM OR CONDITION! OF ANY CONtT C'I' OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE Y RE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED 0Y
E POLICIES DESCRIBED HEREIN is SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. I.IMITS SHOWN MAY HAVE SEEN REDUCED BY PAID CLAIMS,
I INSURANCE POLICY POLrOY
LTR TYPE PCiLIOY NUMBER
EFFECTIVE EXPIRATION LIMITS
General A ire ate - Per Insured 5 000 000
CSL PHPK142 5 1213'!2015 12/3112016 Products -Co I 'Iad fJ arab®ns A inirl 11 ata 1 000 000
12:01 a.m. 12.01 a.nI Personal and A vesrtisin In u
Each occurrence
Ciarrta a t0 Premises Beetled tri You One Premises)
Awkal E anse Limit A—n One ParsOlt
Non-Owned/Hired Auto Liailit 00 1 000 0
AUTO PHPK142 3 12131!2015 12/3112016
12:01 a.m. 12:01 a.m.
DESCRIPTION OF OPERATIONSILOCATI ONSNEi'TI LES (Additional Remarks, Schedule may be attached IT more space Is required)
" The Hired Auto PhysicaI Damage Limit contains a $1,000 oallislnrn dedoschbie and a $900 othe=r than collision dedu chiblea (for commercialty rented vehicles only). P` onow ned and Hired
Auto (PI Ioallallity Is excess of any valid and collectikutas Insurance.
The Oortifi aleholder Is only an Additional Insured Won n respecl to halallity caused by the negligence of Rho Named Insured as, per Form PI -Atli -002- daluarnal Punsured•Oartlficaalahoklears,
as respects to the SPECIAL OLYMPICS ALASKA. SCHEDULED COVERED ACTIVITIES ATTHE IKOIDIAIK ISLAND BOROUGH from IMay 02, 2016 ltarouuq. h !December 30, 2090.
Coverage for property your rant or occupy, property loaned to you and property In that dare, c uslody, or control of the Insured, $900,000 liurrit subject lar a $2,500 deductible par loss,
xaxd uding watercraft, aircraft, and suulos..
CERTIFICATE HOLDER CANCELLATION
THE KODIAK ISLAND BOROUGH SHOULD ANY OF DIE ABOVE DESCRIBED POLICIES BE
ATTN: f UANIE DV ORAK CANCELLED BEFORE THE EXPIRATION DATE THEREOF,
710 MILL SAY ROAD, ROOM 106 NOTICE WILL BE DELIVERED IN ACCORDANCE t+YJI't d TtIE
KODN:DIAK,AK 996`15 POLICY PROVISIONS
AUTHORIZED REPRESENTATIVE
September 23, 2016
Kodiak Area Special Olympics
3200 Mountain View Drive
Anchorage, AK 99501
Kodiak Island Borough
Finance Deparunent
710'Mill Bay Road - Kodink, Alaslm 99615
Phone (907) 486-9320 . Fas (907) 486 9392
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. . ... . .................. ! ............................ .
On September 15, 2016, the Borough Assembly passed a non-profit funding resolution which included
your organization. The amount of funding provided to your organization for the fiscal year July 2016
. ..... . . ..... ... .. (hrough June 2017 is $5,404.80. This amount represents the annual rent paid for your space in the
Borough Annex building. Since you have been granted funding for [lie Current year, and you have
already paid rent during this time, enclosed is a check for $900.80 which represents the amount of rent
already paid.
Please be are that non-profit funding is an annual decision and is . Your
regular monthly rent payments of $450.40 to the Borough will resume for July 2017 in accordance with
the rental agreement.
Please contact us with any questions you have.
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Dora Cross
Finance Director