Laserfiche WebLink
BOARD OF COUNTY COMMISSIONERS <br />COUNTY OF KITTITAS <br />STATE OF WASHINGTON <br />RESOLUTION <br />NO. _ Z -L00 . <br />RESOLUTION TO APPROVE A SUBORDINATION OF REVERSIONARY <br />INTEREST BETWEEN U.S. BANK NATIONAL ASSOCIATION AND <br />CARRERA HANGARS BOWERS FIELD LP FOR. PROPERTY LOCATED AT <br />BONVERS FIELD <br />WHEREAS: Kittitas County received a request from Carrera Hangars Bowers Field LP <br />to amend their lease in September 2014 to allow for financing options on <br />the hangar located at Bowers Field, described as Lot H2OA of the Airport <br />Binding Site Plan; and <br />WHEREAS: U.S. Bank National Association is requesting that a Subordination of <br />Reversionary Interest be signed to grant first lien status for the financing <br />being requested by Carrera Hangars Bowers Field LP; and <br />NOW, THERFORE BE IT RESOLVED The Board of County Commissioners does <br />hereby in the best interest of the public, move to approve said Resolution to sign the <br />Subordination of Reversionary Interest between U.S. Bank National Association, Kittitas <br />County and Carrera Hangars Bowers Field LP. <br />ADOPTED this 14"' day of January, 201.5, at Ellensburg, Washington <br />r o m m/s,S' <br />\\`U�J� <br />SEAL <br />Dep ity"Cof the Board <br />BOARD OF COUNTY COMMISSIONERS <br />KITTITAS COUNTY, WASHINGTON <br />Ga4B,.t, Chairman <br />ABSEt,rr <br />Obie O'Brien, Vice -Chairman <br />Pau ,Commissioner <br />