HomeMy WebLinkAboutM_Proof_of_Signing_Authority2_Halene_Sigmund_CITC_190916_v1CONSTRUCTION INDUSTRY TRAINING COUNCIL OF WASHINGTON
BOARD OF TRUSTEES MEETING
December 6, 2018
1930116 1h Ave Northeast
Bellevue, WA 98004
MINUTES
CALL TO ORDER: Dave Cunningham called the meeting to order at 2:30pm.
Trustee Attendance:
Chair:
Dave Cunningham
Vice Chair:
Shawn Rhode
Treasurer:
Adam Pinsky
Secretary:
Keith Stewart
Past Chair:
Mike Price
Dave McFerran
Jason Preuit
Kathleen Garrity
Staff;
Halene Sigmund, President
Adriana Gamboa, VP of Apprenticeship
Stacie Meyer, VP of Finance
Jack Chapel, VP of Education
Guests:
Tom Jordan, SeaTac Electric
Matt Camrud, Brighton Jones
APPROVAL OF MINUTES: It was moved and seconded to approve the minutes as presented
from the October 11, 2018 board meeting. Motion carried. Tom Jordan was introduced as a
potential board member.
Bryant Motors Offer: Halene reported to the board that CITC rescinded its offer to the Bryant
brothers. The brothers rejected CITC's counter offer of 3.7 million and requirement that the brothers
clean up the site and obtain an NFA from the ecology department. The Bryant brother's countered
CITC's offer with a choice for CITC (1) CITC pays a full price and the brothers would clean the site
up or (2) The Bryant brothers agree to the price reduction and CITC cleans the site up. The general
feeling of the board was that the Bryant brothers would rethink CITC's offer and accept. With that in
mind, Mike Price presented the updated ROM of the Bryant Motors facility should CITC and the
brothers come to terms on the sale of the property. The property would be built in two phases. The
first phase would encompass the lower level labs, classrooms and reception area. The upper level
would only include administration offices. The second phase would be completed at a later date with
additional classrooms and labs added to the second level. Discussion ensued. A motion was made and
seconded to "approve the purchase of the Bryant Motors property, not to exceed 3.7 million dollars,
including the two other items on Addendum #7 (see attached), with the understanding that the
construction budget for the building renovation will not exceed 8 million". Motion carried. The board
authorized Halene to sign all documents relating to the purchase of the Bryant Motors building and
Renton site.
Brighton Jones Presentation: (see attached report) Matt Camrud presented the annual review
for the School portfolio with Brighton Jones. Year-to-date performance was positive through