Title
Approval of a Resolution Authorizing the City Manager to Sign a Restrictive Covenant Dedicating the Use of City-Owned Property for a Children’s Museum for Ten Years
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the Resolution Authorizing the City Manager to Sign a Restrictive Covenant Dedicating the Use of City-Owned Property for a Children’s Museum for Ten Years
Report
Issue:
Whether to authorize a Restrictive Covenant restricting the use of certain City-owned property to a children’s museum for ten years.
Staff Contact:
Mark Barber, City Attorney, 360.753.8338
Presenter(s):
Consent Calendar Item.
Background and Analysis:
As a condition of financial assistance provided to the Hands On Children’s Museum (HOCM) by the Washington State Department of Commerce, the City must execute a Restrictive Covenant. This Restrictive Covenant will ensure that certain City-owned property remains dedicated to use as a children’s museum for ten years. The Restrictive Covenant will be recorded with the Thurston County Auditor and will run with the land for a ten-year term, after which Commerce will issue a Release of Restrictive Covenant to the City of Olympia.
Climate Analysis:
This resolution is not expected to have an impact on climate.
Equity Analysis:
This resolution is not expected to have an impact on equity.
Neighborhood/Community Interests (if known):
HOCM has historically had strong community support and approval.
Options:
1. Move to approve the Resolution Authorizing the City Manager to Sign a Restrictive Covenant Dedicating the Use of City-Owned Property for a Children’s Museum for Ten Years.
2. Move to approve the Resolution with Council-directed modifications.
3. Decline to approve the Resolution, which may jeopardize HOCM’s financial assistance from the Department of Commerce.
Financial Impact:
None.
Attachments:
Resolution
Restrictive Covenant