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HomeMy WebLinkAbout94-039RESOLUTION NO. A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE A REQUEST FOR RECONVEYANCE RELEASING A DEED OF TRUST RETAINED AS SECURITY FOR COMPLETION OF THE IMPROVEMENTS AT THE TOWNE POINT PLANNED UNIT DEVELOPMENT. WHEREAS, the City retained a Deed of Trust as security for the completion of required improvements at the Towne Point Planned Unit Development; and WHEREAS, the City has determined that all of the improvement requirements of the Planned Unit Development Agreement have now been satisfied; Now, therefore, BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF PORT TOWNSEND: The Mayor is hereby authorized to execute a request for reconveyance releasing the deed of trust conveyed by the owners of Towne Point to the City of Port Townsend as security for meeting the conditions of the Planned Unit Development Agreement for the Towne Point Planned Unit Development. 1994. fn U'lse, mayor Attest: David Grove, Clerk/Treasurer Approved as to form: Dennis McLerran, City Attorney