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Record No: CB 119065    Version: 1 Council Bill No: CB 119065
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
Final Action: 9/12/2017
Ordinance No: Ord 125402
Title: AN ORDINANCE authorizing the Director of Finance and Administrative Services or the Director's designee to execute a series of four five-year leases (each conferring upon the tenant a five-year option to renew) with existing Seattle Municipal Tower restaurant/retail tenants: Sin Taek Chang and Jin Won Chang d/b/a Amigos! & Beba's; Hunjo Jung and Na Young Lee d/b/a Chew Chew's Eatery; RVJ Corporation, Inc., a Washington corporation, d/b/a Core Bistro; and Daniel Y. Kim and Michelle H. Kim, d/b/a Treasures and Gifts; and ratifying and confirming certain prior acts.
Sponsors: Tim Burgess
Attachments: 1. Att 1 - SMT Restaurant/Retail Leases
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att A - Map of Property, 3. Presentation, 4. Signed Ordinance 125402, 5. Affidavit of Publication
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE authorizing the Director of Finance and Administrative Services or the Director's designee to execute a series of four five-year leases (each conferring upon the tenant a five-year option to renew) with existing Seattle Municipal Tower restaurant/retail tenants: Sin Taek Chang and Jin Won Chang d/b/a Amigos! & Beba's; Hunjo Jung and Na Young Lee d/b/a Chew Chew's Eatery; RVJ Corporation, Inc., a Washington corporation, d/b/a Core Bistro; and Daniel Y. Kim and Michelle H. Kim, d/b/a Treasures and Gifts; and ratifying and confirming certain prior acts.
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WHEREAS, in 1996 The City of Seattle (City) acquired a leasehold interest in the real property commonly known as the Seattle Municipal Tower, a 62-story office tower with approximately 9,500 square feet of retail and restaurant space, and which is now home to many City departments; and
WHEREAS, pursuant to Seattle Municipal Code subsection 3.39.010.C.4, the Department of Finance and Administrative Services manages The City of Seattle's interest in the Seattle Municipal Tower; and
WHEREAS, the Department of Finance and Administrative Services has reached agreement with four existing Seattle Municipal Tower restaurant/retail tenants - Sin Taek Chang and Jin Won Chang d/b/a Amigos! & Beba's; Hunjo Jung and Na Young Lee d/b/a Chew Chew's Eatery; RVJ Corporation, Inc., a Washington corporation, d/b/a Core Bistro; and Daniel Y. Kim and Michelle H. Kim, d/b/a Treasures and Gifts - on new leases, each such new lease having an initial term of five years, plus a five-year option to renew, for a total term of ten years; and
WHEREAS, because the Director of Finance and Administrative Services' authority to execute leases is limited to those with a total term of five years or less pursuant to Seattle Municipal Code subsection 3.127.010.B, the Director now seeks the authority to execute for and on behalf of the City the four new ...

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