HomeMy WebLinkAbout88-072RESOLUTION NO. f~-7~
A RESOLUTION AUTHORIZING THE MAYOR TO SIGN A
SECOND LETTER OF INTENT TO NEGOTIATE WITH
UNION WHARF ASSOCIATES FOR THE REDEVELOPMENT
OF UNION WHARF.
WHEREAS, the City of Port Townsend (hereinafter "City") is a
part owner of the Union Wharf dock located on the waterfront of
Port Townsend, Washington; and
WHEREAS, the City desires that the Union Wharf facility be
restored and put to productive use for the benefit of the
citizens of Port Townsend; and
WHEREAS, Union Wharf Associates (hereinafter "UWA"), a
limited partnership with headquarters located in Seattle,
Washington, is a commercial development firm composed of
individuals who are experienced in redevelopment and restoration
of historical commercial structures; and
WHEREAS, UWA has presented a proposed redevelopment of Union
Wharf and has made certain applications which are necessary
to proceed with the proposed project; and
WHEREAS, the City Council adopted on October 7, 1986,
Resolution 86-30, authorizing the Mayor to enter into lease
negotiations with UWA for Union Wharf; and
WHEREAS, the City Council adopted on June 2, 1987,
Resolution 87-24, authorizing the Mayor to sign a letter of
intent to negotiate with Union Wharf Associates for the
redevelopment of Union Wharf, Now, Therefore
BE IT RESOLVED by the City Council of the City of Port
Townsend that the Mayor is authorized to sign a certain
additional Letter of Intent, substantially in the form attached
hereto as Attachment A, to enter into negotiations with Union
Wharf Associates for the redevelopment of Union Wharf.
Passed by the City Council of the City of Port Townsend and
approved by the Mayor this /~ day of d~ , 1988.
Dave Grove, City Clerk
Bren~ Shirle~
Ap~oved as~o form:
~eUlth Harper, ~U-ity Attorney