Drafter
Clerk 05/21/2020
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A MOTION approving a report related to capital project 1138678 DES LTLF RENTON RED LION in compliance with the 2019-2020 Biennial Budget Ordinance, Ordinance 18835, Section 126, as amended by Ordinance 19103, Section 19, Proviso P4.
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WHEREAS, the 2019-2020 Biennial Budget Ordinance, Ordinance 18835, Section 126, as amended by Ordinance 19103, Section 19, Proviso P4, requires the executive to transmit a report related to capital project 1138678 DES LTLF RENTON RED LION, contingent on the executive's decision to extend the term of the April 2, 2020, License Agreement between King County and Renton Hotel Investor, LLC ("the license agreement") as provided in section 3 of the license agreement or enter into a new agreement to occupy the Renton Red Lion motel located on South Grady Way beyond the current license agreement term, and
WHEREAS, the 2019-2020 Biennial Budget Ordinance, Ordinance 18835, Section 126, as amended by Ordinance 19103, Section 19, Proviso P4, requires the executive to file the report and motion required by this proviso at least thirty days before entering into any extension of the license agreement's term or entering into a new agreement to occupy the Renton Red Lion motel located on South Grady Way, and
WHEREAS, 2019-2020 Biennial Budget Ordinance, Ordinance 18835, Section 126, as amended by Ordinance 19103, Section 19, Proviso P4, provides that $1,200,000 shall not be expended or encumbered until the executive transmits the report and a motion that approves the report is passed by the council;
NOW, THEREFORE, BE IT MOVED by the Council of King County:
The report related to capital project 1138678 DES LTLF RENTON RED LION, included as Attachment A to this motion, is hereby approved in accordance with the
2019-2020 Biennial Budget Ordinance, Ordinance 18835, Section 126, as amended by Ordinance 19103, Section 19, Proviso P4.