HomeMy WebLinkAbout86-030 RESOLUTION NO, 86-30
RESOLUTION TO ENTER INTO UNION WHARF
LEASE NEGOTIATIONS
WHEREAS, the City of Port Townsend (hereinafter the "City") is the
part owner of the Union Wharf Dock located on the waterfront of Port
Townsend, Washington; and,
WHEREAS, the City is desirous that the Union Wharf facility be reno-
vated and put to fruitful use for the benefit of the citizens of Port
Townsend; and,
WHEREAS, Union Wharf Associates (hereinafter "UWA") is a commercial
development firm with headquarters in Seattle, Washington and experi-
enced in the redevelopment and renovation of historic commercial
structures; and,
WHEREAS, UWA has interest in leasing, renovating and developing Union
Wharf for a multi-use retail commercial facility;
NOW THEREFORE BE IT RESOLVED, that in consideration of the above the
parties hereby agree to undertake negotiations for the lease of Union
Wharf to UWA for renovation and development for a retail commercial
facility;
PASSED by the Port Townsend City Counci! this 7th day of October, 1986
Attest: