RESOLUTION NO. 860
A RESOLUTION OF THE CITY OF UNIVERSITY PLACE, WASHINGTON, APPROVING THE EXTENSION OF THE TERM OF THE LEASE FOR THE CURRAN HOUSE BETWEEN THE CITY OF UNIVERSITY PLACE AND THE U.P. HISTORICAL SOCIETY, INC.
WHEREAS, the City, in order to preserve local and regional history, thereby fostering public appreciation of the City’s assets, culture, diversity and values to its visitors and residents executed a Lease Agreement effective June 1, 2014 for the use of the Curran House by the U.P. Historical Society (UPHS); and
WHEREAS, the term of the Lease Agreement is for one five-year term plus one more five-year extension; and
WHEREAS, the UPHS is applying for grants and approaching larger donors to fund the physical upgrades to the lower part of the Curran House that will become a museum; and
WHEREAS, the potential donors for this project are interested in the term of the existing Lease being extended to fifteen (15 years); and
WHEREAS, the City Council has determined that it would be in the best interests of the City and its residents to take the steps necessary to both ensure the longevity of the presence of the UPHS in the Curran House and to encourage the donors to contribute to the improvements to the Curran House, and therefore approves the extension of the Lease Agreement to fifteen (15) years.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY PLACE, WASHINGTON, AS FOLLOWS:
Section 1. Incorporation of Recitals. The recitals are hereby incorporated herein as if set forth in full.
Section 2. Legislative Determination of Consideration. The Council of the City of University Place has considered the proposed extension of the Lease Agreement between the City and the University Place Historical Society, and hereby makes a legislative determination that the best interests of the public would best be served by amending the Lease Agreement to extend the term to fifteen years. All other terms and provisions of the Lease Agreement of June 1, 2014 are to remain in full force and effect.
Section 3. Approval of Form of Documents. The City Council hereby approves execution of the Amendment to the Lease Agreement in substantially the form of the document accompanying this Resolution.
Section 4. Completion of Transaction. The City Manager or designee is authorized to take and execute any additional measures or documents that may be necessary to complete this transaction and to implement the Lease Agreement and this Amendment, which are consistent with the executed Lease Agreement and Amendment and the terms of this Resolution.
Section 5. Effective Date. This Resolution shall be effective immediately upon adoption by the City Council.
ADOPTED BY THE CITY COUNCIL AT AN OPEN PUBLIC MEETING ON APRIL 16, 2018.
Kent Keel, Mayor
Emelita Genetia, City Clerk
APPROVED AS TO FORM:
Matthew S. Kaser, City Attorney