The City of Yakima (City) is obligated to develop property adjacent to SOZO as part of the RCO Conversion process at Chesterley Park. The property is to be developed as a replacement of the park area utilized to build the YMCA Aquatic/Fitness Center at Chesterley Park. The City has an agreement with SOZO for SOZO to develop and manage the property as a City-owned park at the expense of SOZO.
Because the RCO Conversion process was required to allow the YMCA to build the Aquatic/Fitness Center, the YMCA desired to assist SOZO with the cost of developing the property by securing a grant from the Washington State Department of Commerce in an approximate amount of $225,000. The grantee of a grant awarded by the Washington State Department of Commerce is typically the property owner. As a result, the City is requesting approval from City Council to submit a Grant Change Request to Washington State Department of Commerce to transfer the grant from the YMCA to the City. If approved, the new grant agreement between the City and the Washington State Department of Commerce would be brought back to City Council. |