Resolution 1105RESOLUTION NO. 1105
RESOLUTION AUTHORIZING
AMENDMENT TO INTERLOCAL AGREEMENT
FOR DEVELOPMENT OF THE EDMONDS CENTRE FOR THE ARTS
WHEREAS, the City of Edmonds, a city duly organized and existing under and by virtue
of the laws of the state of Washington (the "City"); the Snohomish County Public Facilities
District, a municipal corporation duly organized and existing under the laws of the state of
Washington (the "County PFD"), Snohomish County, a political subdivision of and duly
organized and existing under the laws of the state of Washington and the charter of Snohomish
County (the "County"); and the Edmonds Public Facilities District, a municipal corporation duly
organized and existing under and by virtue of the laws of the state of Washington, established by
the City of Edmonds (the "City PFD") are parties to that certain Interlocal Agreement for
Development of the Edmonds Centre for the Arts, dated November 4, 2002 (the "Interlocal
Agreement") authorizing the City PFD to acquire, design, construct, own, finance, operate and
maintain a performing arts center (the "Edmonds Centre for the Arts"); and
WHEREAS, the Edmonds Centre for the Arts project, rather than depending exclusively
on public subsidies from the participants contemplated and required that the Edmonds Centre for
the Arts raise from grants and private funding approximately $6,500,000; and
WHEREAS, the Interlocal Agreement contemplated that the Edmonds Centre for the Arts
would be operational by December 31, 2005, with failure to meet such date being a "Special
Disposition Event" under the Interlocal Agreement; and
WHEREAS, although the Edmonds Centre for the Arts has raised over $5.3 million in
grants and private funding to date for total funding of $14.5 million and appears well on course
to meet all funding goals, it is nevertheless likely that the Edmonds Centre for the Arts will not
be fully renovated until 2006; and
WHEREAS, to prevent the triggering of a "Special Disposition Event" on December 31,
2005, it is necessary to extend that deadline;
NOW, THEREFORE, it is hereby resolved that the Edmonds City Council authorizes the
Mayor to enter into a First Amendment to Interlocal Agreement amending the date of December
31, 2005 in Section BA of the Interlocal Agreement to read "March 31, 2007."
RESOLVED this 23`d day of August, 2005.
APPROVED:
MAYOR, HAAKENSON
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ATTEST/AUTHENTICATED:
CITY CLERK, SANDRA S. CHASE
FILED WITH THE CITY CLERK: 08/19/2005
PASSED BY THE CITY COUNCIL: 08/23/2005
RESOLUTION NO. 1105
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