HomeMy WebLinkAboutAD04-048 - Other - Kent Station, LLC - Release of CBDG Loan Covenant - 07/07/2016 I
WASH IN Document
CONTRACT COVER SHEET
This is to be completed by the Contract Manager prior to submission
to City Clerks Office. All portions are to be completed.
If you have questions, please contact City Clerk's Office.
Vendor (dame: (Cent Station L.L.0
Vendor Number:
JD Edwards Number
Contract Number: ADM 04 --t;vc
This is assigned by City Clerk's Office
Project Name: Kent Station Development
Description: ❑ Interlocal Agreement ❑ Change Order ❑ Amendment ❑ Contract
❑ Other: Release of CBDG Loan Covenant
Contract Effective Date: 7/7/16 Termination Date: N/A
Contract Renewal Notice (Days): N/A
Number of days required notice for termination or renewal or amendment
Contract Manager: Kim Komoto Department: Law
Contract Amount: N/A
Approval Authority: ❑ Department Director ® Mayor ❑ city Council
Detail: (i.e. address, location, parcel number, tax id, etc.):
As of: 08/27/14
AFTER RECORDING RETURN DOCUMENT TO:
Investeo
1302 Puyallup Street, Suite A
Sumner, WA 98390
Attn: Legal Department
REFERENCE NUMBER OF DOCUMENT TO BE RELEASED: 20040629001158
GRANTOR(S): City of Kent, a Washington municipal corporation
Kent Station L.L.C.,a Washington limited liability company
GRNATEE(S): King County, a political subdivision of the State of Washington
ABBREVIATED LEGAL DESCRIPTION: Portion of NW'A of NE '/<S24, T22N,R4E, W.M., King
County
ASSESSOR'S TAX PARCEL NO.: 3830970010; 3830970020; 3830970030; 3830970040;
3830970050; 3830970060; 3830970070; 3830970080;
3830970090; 3830970100; 3830980010; 3830980020;
3830980030; 3830980040; 3830980050; 3830980060;
3830980070 (Ptn.);7142000000 (Ptn.)
RELEASE OF DOCUMENT
The Grantors of this Instrument do hereby release that certain CBDG LOAN COVENANT
recorded under Ding County Auditor's Pile#20040629001158 as conditions of same have been
fulfilled.
SAID RELEASE IS A FULL RELEASE OF ALL LANDS DESCRIBED IN THE
AUDITOR'S FILE NUMBER REFERENCED HEREIN.
Dated: 12016
[EXECUTED ON THE FOLLOWING PAGE]
[SIGNATURE PAGE]
CITY OF Jashington nnmic, I KENT STATION L.L.C., a Washington limited
o( / liability company
By: ;Mavol
— By: Tarragon L.L.C., a Washington limited
Name Cookeliability company, its Manager
: By: —
Dennis L. Rattie, President
STATE OF WASHINGTON )
)ss.
COUNTY OF 11��2e, )
I certify that I know or have satisfactory evidence that the person appearing before me and making this
acknowledgment is the person whose true signature appears on this document.
On this day of 2014?before me personally appeared Suzette Cooke, to me known to be the
Mayor of City o(Kent, a Washington municipal corporation, the individual that executed the foregoing instrument
and acknowledged the said instrument to be the free and voluntary act and deed of said corporation, for the uses and
purposes therein mentioned,and on oath stated that he/she is authorized to execute said instrument.
AND OFFICIAL SEAL hereto affixed the day and year first above written.
NoVary Public in and for the S ate of Washington,
res
ne �My conmissioxpire j
STAT) Id) 1 ftION
)ss.
COUNTY OF )
I certify that I know or have satisfactory evidence that the person appearing before me and making this
acknowledgment is the person whose true signature appears on this document.
On this day of , 2016, before me personally appeared Dennis L. Rattie, to me known to
be the President of'farragon L.L.C., as Manager of Kent Station L.L.C., a Washington limited liability company,the
individual that executed the foregoing instrument and acknowledged the said instrument to be the free and voluntary
act and deed of said company,for the uses and proposes therein mentioned, and on oath stated that he is authorized
to execute said instrument.
WITNESS MY HAND AND OFFICIAL SEAL hereto affixed the day and year first above written.
Notary Public in and for the State of Washington,
residing at
My commission expires: __
i
REQUEST FOR MAYOR'S SIGNATURE
• T Print on Cherry-Colored Paper
I�EiJ
w., ,.a....,
Routing Intormation:
(ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW DEPARTMENT)
Approved by Director_
Originator: Kim KOmOtO Phone (Originator): 5788
Date Sent: 7/7/16 Date Required:ASAP
Return Signed Document to: Contract Termination Date:
Kim Komoto N/A
VENDOR NAME: Date Finance Notified: �I
Kent Station, L.L.C. (only required contracts I V/A
20,000 and ovee r or on an Grant
DATE OF COUNCIL APPROVAL: N/A Date Risk Manager Notified:N/A
(Required on Non-City Standard Contracts A rgements
Has this Document been Specifically Account Number: �/A
Authorized in the Budget? OYES ()NO
Brief Explanation of Document:
CBDG Loan Covenant is recorded against the Kent Station property and relates to a
loan between the City and King County. Since the Dwell is now complete, this covenant
can be released.
All Confra'1944L Ditkigugh The Law Department O S(
(Thi-JVa ci iy geM feted by the Law Department)
Received: - s
Approval of Law Dept.: KE
Law De t. Comments: '
Date Forwarded to Mayor: a 7 p
T 1,5
Shaded Areas To Be Completed By Administration Staff
Recelvedi a I# ;'f Kerv,
Off ice Of the WoNof
Recommendations and Comments:
Disposltlon: °//,//:,� /j'
Date Returned:
i
JUP:1 m''o ,k5 Proc,,s7B ;,u a for M.....a'noWre.om -"—
CITY OF KENT
CITY CLERK
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