RESOLUTION NO. 901
A RESOLUTION OF THE CITY OF UNIVERSITY PLACE, WASHINGTON, APPROVING A LEASE EXTENSION WITH L AND J REYNOLDS, LLC, DBA ANTHEM COFFEE
WHEREAS, the City owns two commercial retail spaces in the Civic Building, and has listed them with a commercial real estate broker; and
WHEREAS, for leases of the U.P. Civic Building retail spaces, the City is seeking commercial retail businesses which generate sales tax. The City places a priority on commercial retail businesses operated by experienced individuals with a record of success at other locations. The City is interested in uses, like food and beverage-based businesses or specialty retail, which generate consumer activity and contribute to overall pedestrian experience; and
WHEREAS, in July 2017, pursuant to Resolution No. 840, the City entered into a Retail Lease with L and J Reynolds, LLC, dba Anthem Coffee (“Anthem Coffee”) for Retail Unit A (also styled as Unit #101) of the Civic Building; and
WHEREAS, it is in the best interests of the residents of the City of University Place to amend the Lease with Anthem Coffee.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY PLACE, WASHINGTON, AS FOLLOWS:
Section 1. Legislative Determination of Consideration. The Council of the City of University Place has considered the proposed Addendum/Amendment to CBA Leases with Anthem Coffee, and hereby makes a legislative determination that the Amendment terms are sufficient and appropriate consideration for the lease of Civic Building Retail Unit A (Unit #101) by Anthem Coffee.
Section 2. Approval of Form of Documents. The City Council hereby approves execution of the Addendum/Amendment to CBA Leases with Anthem Coffee, in substantially the form of the documents attached to this Resolution.
Section 3. Completion of Transaction. The City Manager is authorized to take and execute any additional measures or documents that may be necessary to complete this transaction, which are consistent with the approved form of documents attached to this Resolution, and this Resolution.
Section 4. Effective Date. This Resolution shall be effective immediately upon adoption by the City Council.
ADOPTED BY THE CITY COUNCIL ON NOVEMBER 4, 2019.
Kent Keel, Mayor
Emelita J. Genetia, City Clerk
APPROVED AS TO FORM:
Matthew S. Kaser, City Attorney