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HomeMy WebLinkAboutC_Letter_of_Understanding_Geologic_Risk_Letter_230125_v1 January 25, 2022 City of Renton Community & Economic Development 1055 South Grady Way Renton, WA 98057 RE: Letter of Understanding Geologic Risk Urgent Care Clinic 901 South Grady Way (Outlot), Renton, Washington 98057 Our Job No. 21816 Velmeir Acquisition Services, LLC., as the applicant of the project, understands and accepts the risk of developing in a potentially unstable area and Velmeir Acquisition Services will advise, in writing, any prospective purchasers of the site, or any prospective purchasers of structures or portions of structures on the site, of the unstable potential of the area, if any. A Geotechnical Report has been completed which will guide the project team in the design of the Urgent Care Clinic. Should you have any questions or would like to further discuss the information provided, please do not hesitate to contact me at (248) 985-0337 or sbock@velmeir.com. Sincerely, Velmeir Acquisition Services, LLC. Stephen J. Bock Executive Vice President of Real Estate DocuSign Envelope ID: 19A94E90-B7C7-406C-892C-D968660D2FD7 Manager 1/25/2023