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01. January
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2023-01-03 10:00 AM - Commissioners' Agenda
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Lease Ag
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Last modified
1/29/2025 7:33:14 AM
Creation date
1/29/2025 7:32:58 AM
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Meeting
Date
1/3/2023
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
Request to Approve a Lease Agreement with Ryan Wales for the Bowling Alley Property
Order
8
Placement
Consent Agenda
Row ID
97607
Type
Agreement
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the bottom three feet of the building and the rest of the cinderblock walls will be <br />covered with stucco <br />3) Parking lots & landscaping- The existing parking tots will be either overlayed with <br />new asphalt or seal coated depending on the contracto/s recommendation. <br />Parking lot lights will be added for security and appeal. Existing landscaping will <br />be cleaned up and/or replaced with new. <br />These improvements will be entirely funded from personal funds and existing lines of <br />credit. This project will not be subject to loan approvals or grants. <br />Financial Proposal <br />Our proposal to Kittitas County for taking over this property is: <br />o Five-year lease to own option <br />r Lease rate of.20 cents per square foot <br />r Purchase price for all three properties at the end of five years for $SS0,OOO <br />Timeline <br />As we own a general contracting business we willoversee our own schedule, and we do <br />not have to wait on funding. Our proposed schedule is: <br />o september 2o22: close lease transaction with Kittitas countyo FalUEarly winter 2O22: Permitting remodel demolition, material ordering and <br />redesign of interior <br />o Winter/early spring 20ZZ/2O23: lnterior remodeling. Spring/early summ er 2O23: parking lot and landscaping worko Late summer 2023: Grand opening <br />KVEC Use Agreement <br />We will provide KVEC the parking lots on parcels 139734 and 043734 for Rodeo week at <br />no cost for the first seven year. After the first seven years I(VEC will be offered to lease <br />those parking lots at a reasonable market-based tease rate. Additionally for the first <br />seven years KVEC or Kittitas County will be offered meeting rooms free of charge up to <br />24 times per year.
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