HomeMy WebLinkAboutCosmos International Corp. 04272022ArmondoPavoneMayorViaFirstClassMailandElectronicMailtoOscarDelMoro@cosrnos-group.cornApril27,2022CosmosInternationalCorp.11747NEFirstStreet,Suite300Bellevue,Washington98005Attn:OscarDelMoroRE:TerminationofRealEstateandDevelopmentDispositionAgreementDearMr.DelMoro:OnMonday,April25,2022,theRentonCityCouncilauthorizedmetonotifyyouthattheCityhasdecidedtoterminateitsRealEstateandDevelopmentDispositionAgreementwithCosmosInternationalCorp.,ascontemplatedbySection6.3oftheagreement.Asyouareaware,wewereunabletomeetProjectMilestone#2beforetheendofthefeasibilityperiod.Asaresult,theCityisexercisingitsrighttoterminatetheagreement.Sincerely,oPavonecc:MichaelMcCormack,TousleyBrainStephensPLLCChipVincent,CEOAdministratorVanessaDolbee,PlanningDirectorShaneMoloney,CityAttorneyRentonCityHall,7thFloor1055SouthGradyWay,Renton,WA9807.rentonwa.gov