HomeMy WebLinkAboutCity Council Meeting - City Council Meeting - 10/08/2024 (2) Approved
Kent City Council
• City Council Special Meeting
KENT Minutes
WAS M IN G 7 0 N
October 8, 2024
Date: October 8, 2024
Time: 5:01 p.m.
Place: Chambers
SPECIAL CITY COUNCIL MEETING AGENDA - 5 P.M.
1. CALL TO ORDER / FLAG SALUTE
Mayor Ralph called the meeting to order.
2. ROLL CALL
Attendee Name Title Status Arrived
Dana Ralph Mayor Present
Satwinder Kaur Council President Present
Bill Boyce Councilmember Present
John Boyd Councilmember Excused
Brenda Fincher Councilmember Present
Marli Larimer Councilmember Present
Toni Troutner Councilmember Present
Zandria Michaud Councilmember Present
3. OTHER BUSINESS
A. PURCHASE OF PROPERTY LOCATED AT 20610 68TH AVENUE
SOUTH IN THE CITY OF KENT — APPROVE
City Attorney Tammy White, provided details on the Purchase of property
located at 20610 68t" Avenue South.
The purchase agreement between the City of Kent and BECU provides for the
following:
1. The City will purchase the property for $11,250,000—a reduction of
$2,950,000 from the property's listing price.
2. Once the agreement is fully signed, the City will transmit earnest
money in the amount of $150,000 to the Escrow Agent within 3
business days, which will be credited against the purchase price at
closing.
3. The purchase includes the land, the building, and all furniture, fixtures,
and equipment currently located within the CenterPoint building.
Kent City Council City Council Special Meeting October 8, 2024
Minutes Kent, Washington
4. The City agrees to purchase the property "as-is" and to waive all
contingencies, having already conducted an extensive assessment of
the property through a review of the property's title report and
multiple inspections of the property, its building, its mechanical
equipment, and its fiber optic lines.
5. BECU agrees to reimburse the City, up to $100,000, to remove any of
the furniture, fixtures, or equipment the City determines is surplus to
its needs. The City will have until March 31, 2025, to complete this
assessment.
6. Closing will occur within 30 days of Council's approval of the property's
purchase and the terms of the purchase and sale agreement. Should
Council approve the purchase on October 8, 2024, closing should occur
on November 7, 2024.
Councilmember Boyce spoke in support of the motion.
Council President Kaur spoke in support of the motion.
Councilmember Fincher spoke in support of the motion.
Councilmember Troutner spoke in support of the motion.
Council President Kaur indicated Councilmember Boyd advised her he was in
support of this motion.
MOTION: I move to approve the purchase of property located
at 20610 68t" Avenue South in the City of Kent under the threat
of condemnation and the terms of the purchase and sale
agreement signed by the Mayor on October 3, 2024.
RESULT: MOTION PASSES [UNANIMOUS]
MOVER: Satwinder Kaur, Council President
SECONDER: Bill Boyce, Councilmember
AYES: Kaur, Boyce, Fincher, Larimer, Troutner, Michaud
4. ADJOURNMENT
Mayor Ralph adjourned the meeting.
Meeting ended at 5:13 p.m.
Ki4�ley A. Ko-wwto-
City Clerk
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