HomeMy WebLinkAboutPK18-260 - Other - YMCA - Morrill Meadows Notice of Election of Option to Purchase - 07/28/2020ApprovalOriginator:Department:
Date Sent:Date Required:
Authorized to Sign:
o Director or Designee o Mayor
Date of Council Approval:
Budget? o Yes o No
Grant? o Yes o No
Type:Review/Signatures/RoutingDate Received by City Attorney:Comments:
Date Routed to the Mayor’s Office:
Date Routed to the City Clerk’s Office:Agreement InformationVendor Name:Category:
Vendor Number:Sub-Category:
Project Name:
Project Details:
Agreement Amount:
Start Date:
Basis for Selection of Contractor:
Termination Date:
Local Business? o Yes o No*
*If meets requirements per KCC 3.70.100, please complete “Vendor Purchase-Local Exceptions” form on Cityspace.
Notice required prior to disclosure?
o Yes o No
Contract Number:
Agreement Routing Form
For Approvals, Signatures and Records Management
This form combines & replaces the Request for Mayor’s Signature and Contract Cover Sheet forms.
(Print on pink or cherry colored paper)
Visit Documents.KentWA.gov to obtain copies of all agreementsadccW22373_1_20
Budget Account Number:
OK to sign 7/28/2020, TW.
NOTICE OF ELECTION
OF OPTION TO PURCHASE
July 28, 2020
To: Mr. John Lamb and Mr. Nathan Phillips
The Young Men's Christian Association of Greater- Seattle
You are notified that the City of Kent has elected to exercise on July 31, 2020, its
option to purchase the Premises currently leased by the City of Kent pursuant to the
Project Lease Agreement (“Lease”) by and between the CITY OF KENT and THE YOUNG
MEN'S CHRISTIAN ASSOCIATION OF GREATER- SEATTLE, a Washington public benefit
corporation, dated June 29,2018. This purchase option is being exercised pursuant to
Section 28.2 of the Lease.
The City of Kent is now, and on the date set forth above for payment will be, in full
compliance with all terms and conditions of the Lease. In accordance with Section 28.2
of the Lease, the City of Kent shall purchase the Premises for an amount equal to the
outstanding and unpaid Monthly Rent, without penalty or premium. On or prior to the
date set forth above, the City of Kent shall also pay any Additional Rent then due and
owing under the Lease.
APPROVED AS TO FORM: TENANT
CITY OF KENT,
a Washington municipal corporation
By: By:
Name: Tammy White Name: Dana Ralph
Title: Deputy City Attorney Title: Mayor
Date: July 28, 2020 Date: 07/29//2020