CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE relating to the Seattle Center Glass and Gardens Exhibition Lease; authorizing the Seattle Center Director to execute an amendment to the lease agreement between Center Art LLC and The City of Seattle to provide the tenant additional options to extend the lease term; and adjusting rent and other lease provisions.
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WHEREAS, The City of Seattle and Center Art LLC entered into a lease agreement dated June 13, 2011 leasing certain premises at Seattle Center to Center Art LLC (“Center Art”) for the Seattle Center Glass and Gardens Exhibition (the “Lease”); and
WHEREAS, the Lease has been beneficial to both The City of Seattle and Center Art, fostering cultural enrichment and economic benefits for the community; and
WHEREAS, both parties have mutually agreed on the need to amend the Lease to provide Center Art additional options to extend its term, adjust the rent structures, and outline reinvestment commitments to ensure the continued success and sustainability of the exhibition and the Seattle Center areas that support the exhibition; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. The Seattle Center Director is authorized to execute, for and on behalf of The City of Seattle, the Amendment to the Seattle Center Glass and Gardens Exhibition Lease substantially in the form attached to this ordinance as Attachment 1.
Section 2. This ordinance shall take effect as provided by Seattle Municipal Code Sections 1.04.020 and 1.04.070.
Passed by the City Council the ________ day of _________________________, 2024, and signed by me in open session in authentication of its passage this ________ day of _________________________, 2024.
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President ____________ of the City Council
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Approved / |
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returned unsigned / |
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vetoed this _____ day of _________________, 2024. |
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Bruce A. Harrell, Mayor
Filed by me this ________ day of _________________________, 2024.
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Scheereen Dedman, City Clerk
(Seal)
Attachments:
Attachment 1 - Amendment to Seattle Center Glass and Gardens Exhibition Lease