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HomeMy WebLinkAbout95-077Resolution No. 95- 77 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND APPROVING THE PINK HOUSE RENOVATION CONTRACT The City Council of the City of Port Townsend, Washington, does resolve as follows: WHEREAS, the City owns the "Pink House,' a historic structure lochted on Lawrence Street, with legal description attached to the Lease Agreement; and WHEREAS, the Pink House has been vacant for a number of years, without financial benefit or use accruing to the City; and WHEREAS, Bob Little of Little & Little Construction, Inc., has negotiated a 20-year lease with the City, with a 10-year option to renew, subject to terms and conditions set forth in the Lease; and WHEREAS, Little & Little Construction, Inc. proposes to renovate the Pink House structure pursuant to a Renovation Contract, providing the City with the long-term benefits of the renovation work, as well as a predictable source of rental income; and WHEREAS, the renovation work will preserve the historic character of the Pink House and will result in the long-term improvement to public property, benefitting the public interest, NOW, THEREFORE, BE IT RESOLVED, by the City Council for the City of Port Townsend that the Council agrees to the terms of the Pink House Renovation Contract, and authorizes the Mayor to sign the contract in substantially the form attached hereto. ADOPTED by the City Council on this ~ ~ --r tr day ~f June, 1995. of and signed by the Mayor tn M. Clise, Mayor Attest: Approved as to Form: _~Timoth~I~. ~lcMahan, City Attorney 06/14/95 CA§Res\Pink.doc}