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HomeMy WebLinkAbout03/15/2023 7A AGENDA BILL CITY OF BREMERTON 7A CITY COUNCIL SUBJECT:Study SessionDate: March 8, 2023 LeaseModificationNo.1with Wilwyn COUNCIL MEETING Date: March 15, 2023 Properties, LLC Department: Water Administration Presenter: Melinda Monroe Phone: (360) 473-5306 SUMMARY: In 2021 the Wynn Group, d/b/aWilwyn properties, LLCentered into a short-term agreement with the City for lease ofthe parcel adjacent their leased building at 1921 Wheaton Way. WilwynProperties would like to extend their lease through 2032. The proposed lease modification would support the use of commercial parking andadjacentbuilding use. Wilwyn properties, LLChas also submitted a site plan update and plan building renovationswhich are both under review by the City. ATTACHMENTS: Original leasenumber 6202;Lease Amendment 1; Proposed Parking Plans Added FISCAL IMPACTS(Include Budgeted Amount): $2,774.40annually in lease revenue to the Water Administrationand subject to annual CPI increase. STUDY SESSION AGENDA: LimitedPresentation Full Presentation STUDY SESSION ACTION:Consent Agenda General Business Public Hearing RECOMMENDED MOTION: Move to approve the modificationto the leasewith Wilwyn Properties, LLCand authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: X Approve Deny Table Continue No Action Form Updated 11/09/2021