HomeMy WebLinkAboutHealthpoint Ground Lease 20230509000501 Instrument Number: 20230509000501 Document:LE Rec: 5207.50 Page-1 of 5
Record Date:5/9/2023 12:03 PM
Electrodically Recorded King County,WA
WHEN RECORDED RETURN TO:
City of Renton
City Clerk's Office
1055 South Grady Way
Renton,WA 98057
MEMORANDUM OF GROUND LEASE
16022 116t Ave SE, Renton
Recorded at the request of
FIDELITY NATIONAL TITLE
Order 1i L..O\\t'VO`\Lo
Grantor: CITY OF RENTON, a Washington municipal corporation(Landlord)
Grantee: HEALTHPOINT, a Washington public benefit non-profit 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 SUB-LEASE AND FACILITY USE AGREEMENT
THIS MEMORANDUM OF GROUND SUB-LEASE AND FACILITY USE AGREEMENT is
executed as of , 2022, by and between the CITY OF RENTON, a Washington municipal
corporation ("Landlord"), and HEALTHPOINT, a Washington public benefit non-profit
corporation ("Tenant").
(SX82527436.DOCX;4/14327.000024/} 1
WHEN RECORDED RETURN TO:
City of Renton
City Clerk's Office
1055 South Grady Way
Renton, WA 98057
MEMORANDUM OF GROUND LEASE
16022 116th Ave SE, Renton
Recorded at the recpe t of
FIDELITY NATIONAL TITLE
Order# LOWZ-c\°\TAlo
Grantor: CITY OF RENTON, a Washington municipal corporation (Landlord)
Grantee: HEALTHPOINT, a Washington public benefit non-profit 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 SUB-LEASE AND FACILITY USE AGREEMENT
THIS MEMORANDUM OF GROUND SUB-LEASE AND FACILITY USE AGREEMENT is
executed as of IUD , 2022, by and between the CITY OF RENTON, a Washington municipal
corporation ("Landlord"), and HEALTHPOINT, a Washington public benefit non-profit
corporation("Tenant").
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AGREEMENT
1. Landlord and Tenant are under contract for Ground Sublease and Facility Use Agreement
dated September 28, 2020 (the "Lease") pursuant to which landlord will lease to Tenant and
Tenant will lease from Landlord a building to be constructed on real property commonly known
as 16022 116th Ave SE, Renton, Washington, together with all the real property on which the
building is located and all improvements thereon and appurtenances thereto (the "Premises")
legally described on Exhibit A attached hereto, and by this reference incorporated herein. The
Lease shall commence on the date Tenant takes possession of the constructed building and will
continue for a term of twenty(20)years thereafter.The Lease contains two(2)additional ten(10)-
year Tenant renewal options, and one nine (9)-year renewal option which upon exercise would
extend the term of the Lease to a total of forty-nine(49)years from the commencement date of the
Lease.
2. Landlord leases the Premises from Renton School District No. 403 under the terms of a
Ground Lease dated September 30, 2020, pursuant to which Landlord is leasing the ground for an
initial term of fifty(50)years.
3. This Memorandum of Ground Sub-Lease and Facility Use Agreement 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.
4. 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]
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IN WITNESS WHEREOF,the parties hereto have executed this Memorandum of Lease
as of the day and year first written above.
LANDLORD:
CITY OF RENTON, a Washington municipal
corporation
By:
Print N e: Ar ondo Pavone
Its: Ma or
TENANT:
HEALTHPOINT, a Washington public benefit
non-profit corporation
By: ----a
Print Name: LIDS-A �'( 0 It (E,
Its:
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STATE OF W01914 l )
) ss.
COUNTY OF i1/41.42/1 )
I certify that I know or have satisfactory evidence that Ar . , Piiw6Y►e_ is the
person who appeared before me, and said person acknowledged tha et she signed this instrument,
on oath ted that he was authorized to execute the instrument and acknowledged it individually
and in(/her capacity as the M or of the CITY OF RENTON to be the free and
voluntary act of such party for the uYes and purposes mentioned in the instrument.
Dated: r/ NoY'/444 % ,X04-.
5 i.. gA R iy II/,
.. .....
... i (Signature)
�'r � �AC9y'�;
'� 4oTA R,
49217 :t iS5P- µc-Gtirt.
u� A�Bt`� J
. (Name legibly printed or stamped)
'9j, 4a,,77-09.1a f�0= Notary Public in and for the State
� �`0 '�C9` of WQSturtfev--
/IIII�t`WASN; �� residing at S¢aTuG
My appointment expires II(oq/212
STATE OF W( kk,k p b n )
) ss.
COUNTY OF hJr )
I certify that I know or have satisfactory evidence that L \(641.dexA is the person
who appeared before me, and said person acknowledged that he/she signed this instrument, on
oath stated that he/she was authorized to execute the instrument and acknowledged it as the
h►e�ick64 C.)E of HEALTHPOINT to be the free and voluntary act of such party for the
uses and purposes mentioned in the instrument.
Dated: V V V ,kic,?, ,Dtac
( MICHELLE SCHOUTEREN
Notary Public ` NOTARY PUBLIC1 in and for the State
State ofss Washington of , )L& V11 Y1�
Commission# 186557 V� ,
My Comm. Expires Aug 19, 2023 residing at Ki C� L ✓1
Apoiwwwwwwwwipmpqm My commission expires: (J�,(AC,&t-0),,Le-3
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EXHIBIT A
Legal Description
KING COUNTY PARCEL ID NUMBER:
LEGAL DESCRIPTION:
Lot 2, City of Renton Short Plat No. LUA20-000024, Recording No. 20220119900020, in King
County, Washington
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