Laserfiche WebLink
7 <br />moved forward, and the building located at 214 North Pennsylvania Avenue in Cie Elum <br />was purchased using the Distressed County Sales and Use Tax. A Quit Claim Deed was <br />signed March <br />Is.), 2015, by both the Chamber and the County. The Quit Claim Deed <br />(Exhibit I) signed by the County includes a condition that the building istoheused for <br />economic development or business enhancement otherwise the building would revert to <br />K*itti*tas County. <br />DISCUSSION: <br />Kl*ttitas County Chamber of Commerce has requested removing the use condition <br />included on the Quit Claim Deed. Working with the Chamber and the County <br />Prosecuting Attorney Office, a path forward 1*s for the Chamber to reimburse the County <br />for the funds used in the incubator purchase. The purchase price and fees total to <br />$185,504.80 and were allocated from the Distressed Sales and Use Tax (Fund 108). <br />FISCAL IMPACT: <br />Purchase price of building would be returned to Fund 108 (Public Facilities) and made <br />available for future projects. <br />ATTACHMENTS: <br />Exhibit I Quit Claim Deed for 214 North Pennsylvania Ave. <br />