HomeMy WebLinkAboutRES 2023-044BOARD OF COUNTY COMMISSIONERS
COLTNTY OF KITTITAS
STATE OF WASHINGTON
RESOLUTION
NO g og h-oq rl
AUTHORIZING THE ASSIGNMENT OF SUNCADIA RESORT DEVELOPMENT
AGREEMENT ENTITLEMENTS TO CIBC BANK
WHEREAS:The Board of County Commissioners authorized the transfer of New
Suncadia development agreement entitlements to Suncadia Resort with
Resolution 2021 - I 00; and
WHEREAS:Real capital Solutions working with Lowe Enterprises does now request
authority to assign Suncadia Resort development entitlements to GIBC
Bank securing a line of credit for land use development in Suncadia
Resort; and
WHEREAS: The Board of County Commissioners have been duly briefed on the
matter by Public works staff and staff support the assignment action.
NOW' THEREFORE BE IT RESOLVED: The Board of County Commissioners, after due
consideration, does hereby authorize the assignment of Suncadia Resort development agreement
entitlements to CIBC Bank as requested by Real Capital Solutions.
DATED this 7th day of March2023, at Ellensburg, Washington.
BOARD OF COUNTY COMMISSIONERS
KITTITAS COI.INTY , WASHINGTON
Chairman
,,ilil1il Julie Kjorsvik
Brett Vice-Chairman
Commissioner
n Deputy Clerk of theBoard- Mandy Buchholz