053-21 - Resolution - Assignment of DNR LeaseRESOLUTTON NO.0s3-21
A RESOTUTTON OF THE CtTy OF PORT ORCHARD, WASHTNGTON, AUTHORTZTNG
THE MAYOR TO EXECUTE AN ASSIGNMENT OF LEASE NO. 22-A02336 BETWEEN
KITSAP BANK AND THE WASHINGTON STATE DEPARTMENT OF NATURAL
RESOURCES FOR SINCLAIR INLET FOR THE FUTURE SOUTH KITSAP COMMUNITY
EVENTS CENTER.
WHEREAS, the City Council recently authorized the Mayor to execute a Purchase and
Sale Agreement for the existing Kitsap Bank Building located at 519 Bay Street (the "Property");
and
WHEREAS, the sale includes the assignment of an existing Lease for state-owned aquatic
lands, Lease No. 22-402336, between Kitsap Bank and the Washington State Department of
Natural Resources ('DNR"), for Kitsap County Tax Parcel No. 262401-1-00L-2004 (the "Lease");
and
WHEREAS, the Lease covers an area of Sinclair lnlet and improvements thereupon,
including 38,056 square feet of water-dependent use and 7.492 square feet of nonwater-
dependent uses including a portion of the existing building, the concrete seawall and rip-rap,
pavement, landscaping and walkways; and
WHEREAS, assignment of the Lease from Kitsap Bank to the City is a condition of the
Purchase and Sale Agreement, and is necessary for the future construction of the South Kitsap
Community Events Center on the properties; and
WHEREAS, the City Council desires to authorize the Mayor to execute the Assignment of
the Lease and all associated documents in orderto close on the purchase of the Property; now,
therefore,
THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHTNGTON, HEREBY RESOLVES
AS FOLLOWS:
THAT: lt is the intent of the Port Orchard City Council that the recitals set forth above
are hereby adopted and incorporated as findings in support of this Resolution.
THAT: The City Council approves and authorizes the Mayor to execute an Assignment of
Lease No. 22-A02336 between Kitsap Bank and the Washington State Department of
Natural Resources, for the City to assume the terms of that Lease. The Mayor is
authorized to execute all documentation necessary to effectuate the assignment.
THAT:
hereon.
The Resolution shall take full force and effect upon passage and signatures
Resolution No. 053-2L
Page 2 of 2
PASSED by the City Council of the City of Port Orchard, SIGNED by the Mayor and
attested by the City Clerk in authentication of such passage on this 27th day of July 202t.
ATTEST:
Ro ansuu, Mayor
11 i{Po
Brand v in MMC, City Clerk
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