Resolution 1554RESOLUTION NO. 1554
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EDMONDS,
WASHINGTON, APPROVING THE PURCHASE OF THE JNATI
INVESTMENT, LLC PROPERTY.
WHEREAS, the City entered into a Real Estate Purchase and Sale Agreement with Jnati
Investment, LLC on July 9th, 2024 ("Agreement") to purchase certain real property located
generally at 7317 Lake Ballinger Way, Edmonds, Washington ("Property") and more
specifically described in the Agreement; and
WHEREAS, the Agreement contains a Council Approval Contingency in Section 3.7; and
WHEREAS, the Council Approval Contingency needs to be satisfied by adoption of a resolution;
NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, HEREBY
RESOLVES AS FOLLOWS:
Section 1. The Edmonds City Council hereby approves the purchase of the Property and the
Council Approval Contingency in Section 3.7 of the Agreement is hereby satisfied.
RESOLVED this 10th day of September, 2024.
ATTEST:
&~ASS EY
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
RESOLUTION NO.
CITY OF EDMONDS
MA~
September 6, 2024
September 10, 2024
1554