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RES 2023-044
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2023-04-04 10:00 AM - Commissioners' Agenda
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RES 2023-044
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Last modified
4/17/2023 12:52:08 PM
Creation date
4/17/2023 12:52:06 PM
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Template:
Meeting
Date
4/4/2023
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Fully Executed Version
Supplemental fields
Item
Assignment of Suncadia Resort Development Rights to CIBC Bank on Updated Form
Order
1
Placement
Board Discussion and Decision
Row ID
101490
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BOARD OF COUNTY COMMISSIONERS <br />COUNTY OF KITTITAS <br />STATE OF WASHINCTON <br />RESOLUl'ION <br />No. ,9 oA b'a+Ll <br />AUTHORIZING THE ASSIGNMENT OF SUNCADIA RESORT DEVELOPMENT <br />AGREEMENT ENTITLNMENTS TO CIBC BANK <br />WHEREAS; The Board of County Commissioners authorized the transfer of New <br />Suncadia development agreement entitlements to suncadia Resort with <br />Resolution 202 l- 100; and <br />WHEREAS:Real capital solutions working with Lowe Enterprises does now request <br />authority to assign suncadia Resort development entitlements to clBC <br />Bank securing a line of credit for land use development in Suncadia <br />Resort; and <br />WHEREAS: The Board of County Commissioners have been duly briefed on the <br />matter by Public Works staff and staffsupport the assignment action. <br />NOW' THEREFORE BE IT RESOLVED: The Board of County Commissioners, after due <br />consideration, does hereby authorize the assignment of Suncadia Resort development agreement <br />entitlements to CIBC Bank as requested by Real Capital Solutions. <br />DATED this 7th day of March2A23,at Ellensburg, Washington. <br />tlltlllt BOARD OF COUNTY COMMISSIONERS <br />, WASHINGTON <br />Wrigh! Chairman <br />Julie Kiorsvik <br />sm Vice-Chairman <br />n Deputy Clerk of the Board- Mandy Buchholz <br />Commissioner
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