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HomeMy WebLinkAbout87-024RESOLUTION NO. ~-z~ A RESOLUTION AUTHORIZING THE MAYOR TO SIGN A 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 W~EREAS, 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 of the City of Port Townsend adopted on October 7, 1986, Resolution 86-30, authorizing the Mayor to enter into lease negotiations with UWA for Union Wharf; and WHEREAS, Senate Bill 5013, permitting local governments to vacate streets which abut salt or fresh water, has recently been passed by the Washington State Legislature and signed into law by the Governor; now therefore BE IT RESOLVED by the City Council of the City of Port Townsend that the Mayor is authorized to sign a certain 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 ~-~-u~ , 1987. Attest: Dave Grove, City Clerk Brent Shirley,,"~Ma~Y°r _~ Ap~pro/Ved as to ~rm: ~ Keith Harper, City~ ~ttorney