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BOARD OF COUNTY COMMISSIONERS <br />COLTNTY OF KITTITAS <br />STATE OF WASHINGTON <br />RESOLUTION <br />NO g og h-oq rl <br />AUTHORIZING THE ASSIGNMENT OF SUNCADIA RESORT DEVELOPMENT <br />AGREEMENT ENTITLEMENTS 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 2021 - I 00; and <br />WHEREAS:Real capital Solutions working with Lowe Enterprises does now request <br />authority to assign Suncadia Resort development entitlements to GIBC <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 staff support 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 March2023, at Ellensburg, Washington. <br />BOARD OF COUNTY COMMISSIONERS <br />KITTITAS COI.INTY , WASHINGTON <br />Chairman <br />,,ilil1il Julie Kjorsvik <br />Brett Vice-Chairman <br />Commissioner <br />n Deputy Clerk of theBoard- Mandy Buchholz