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HomeMy WebLinkAboutMOU of Ground Lease of City of Renton and RSD for Healthpoint - SignedVj- HealthPoint www.lrealth pointchc.org November 30', 2022 Fred R. Maiocco, Jr., Ph. D. Assistant Superintendent & Chief Financial Officer Renton School District 300 SW 7' Street Renton WA 98057-2307 Dear Dr. Maiocco, ADMINISTRATION 955 Powell Avenue SW Renton, WA 98057 main (425) 277-1311 fax (425) 277-1566 Please find enclosed three documents related to the Family First project, one of which requires your notarized signature: 1) Memorandum of Ground Lease: a. Please date the first page where marked. b. Please sign on Page 3, in the presence of a notary. c. Please have the notary sign and stamp the last page. d. Please return the signed ORIGINAL to my attention at: HealthPoint ATTN: Susan Amberson 955 Powell Ave SW Renton, WA 98057 HealthPoint must submit the original document to the title company to secure funding from the Department of Commerce. Please do not submit to the City of Renton; we will ensure that everyone receives the appropriate copies once recorded. Two other documents are included for your reference- the Memorandum of Sub -Lease and the Landlord's Consent to Leasehold Deed of Trust. Please don't hesitate to reach out if you have questions. I can be reached on my cell at 360-584-3908. Thank you. Sincerely, Susan Amberson Grants Administration Supervisor CLINIC LOCATIONS: Auburn • Auburn North • Bothell • Federal Way • Kent • Kent Urgent Care • Midway • Redmond • Renton • SeaTac • Skyway • Sunset • Tukwila Evergreen Campus • Tyee Campus • Renton High School WHEN RECORDED RETURN TO: City of Renton City Clerk's Office 1055 South Grady Way Renton, WA 98057 MEMORANDUM OF GROUND LEASE 16022 116a' Ave SE, Renton Grantor: RENTON SCHOOL DISTRICT NO.403, a Washington municipal corporation (Landlord) Grantee: CITY OF RENTON, a Washington municipal corporation (Tenant) Legal Description: Lot 2, City of Renton Short Plat No. LUA20-000024, Recording No. 20220119900020, in King County, Washington Assessor's Parcel Account Number(s): 282305-9034 MEMORANDUM OF GROUND LEASE THIS MEMORANDUM OF GROUND LEASE is executed as of_&o4C, /3 ", 2022, by and between RENTON SCHOOL DISTRICT NO. 403, A Washington municipal corporation ("Landlord"), and the CITY OF RENTON, a Washington municipal corporation ("Tenant"). {SXB2572429.DOCX;4/14327.000024/ } AGREEMENT 1. Landlord and Tenant have entered into a Ground Lease dated September 30, 2020 (the "Lease") pursuant to which Landlord will lease to Tenant and Tenant will lease from Landlord a parcel of real property on a portion of the property commonly known as 16022 116`h Ave SE, Renton, Washington, upon which Tenant will construct a building (the "Premises") legaIly described on Exhibit A attached hereto, and by this reference incorporated herein. The Lease commenced on January 31, 2022, and will continue for an initial term of fifty (50) years. The Lease contains three (3) additional ten (10)-year Tenant renewal options which upon exercise and approval by Landlord would extend the term of the Lease to a total of eighty (80) years from the commencement date of the Lease. 2. This Memorandum Lease is executed solely for the purpose of giving notice to the public of the existence of the Lease, the terms and conditions of which are expressly incorporated herein by reference for all purposes as though fully set forth herein. 3. Should there be any inconsistency between the terms of this instrument and the Lease incorporated herein, the terms of said incorporated Lease shall prevail. [Signature Page Follows] {SXB2572429.DDCX;4/14327.000024/ } IN WITNESS WHEREOF, the parties hereto have executed this Memorandum of Lease as of the day and year first written above. RENTON SCHOOL DISTRICT NO. 403, a Washington municipal corporation By: Same:j Its: TENANT: CITY OF RENTON, a Washington municipal corporation Prir Its: {SXB2572429.DOCX;4/14327.000024/) STATE OF ss. COUNTY OF /. ) I certify that I know or have satisfactory evidence that is the person who appeared before me, and said person acknowledged tha she signed this instrument, on oath stated that he was authorized to execute the instrument and acknowledged it individually and in ii 'her capacity as the ,4 of RENTON SCHOOL DISTRICT NO.403 to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. Dated: OW49?6e, /3 , �20.2z SANORA M DOLPH Notary Public State of Washington Commission # 145487 My Comm. Expires Nov 27, 2025 STATE OF Wac,4ononnj) ss. COUNTY OF (Signature) da-,7dr,; /,v _ Du l A (Name legibly printed or stamped) Notary Public in and for the State of , residing at,., My appointment expires glag'lg p45�- I certify that I know or have satisfactory evidence that Arm&& ZLvec, is the person who appeared before me, and said person acknowledged that(53Vshe signed this instrument, on oath stated that�she was authorized to execute the instrument and acknowledged it as the t! V' of the CITY OF RENTON to be the free and voluntary act of such party for the used and purposes mentioned in the instrument. Dated: IIII SSA R Afe f/j/ TA4o J-� NOTARY PUBLIC in and for the State 49217 = of 1Naa hc�a� ar , N9��'`'n 1r Og,Za r �0 = residing at T.t �� F '��,�,��N„�•� �C� 4 My commission expires: 11 ' 0 III oil O WAS� \"\ (SXB2572429.000X;4/14327.000024/ ) 4 EXHIBIT A Legal Description KING COUNTY PARCEL ID NUMBER: LEGAL DESCRIPTION: Lot 2, City of Renton Short Plat No. LUA20-000024, Recording No. 202201 I 9900020, in King County, Washington. {SX62572429.DOCX;4/14327.000024/ }