Drafter
Clerk 09/30/2010
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AN ORDINANCE authorizing the King County executive to execute a ten-year concession agreement with Subway Real Estate, LLC, for a food and beverage concession at Marymoor park.
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BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Findings.
A. The Parks Business Plan directs the parks and recreation division of the department of natural resources and parks to work in partnership with organizations to provide new recreational amenities that generate nontax revenues for parks.
B. A Subway Real Estate, LLC, franchisee has operated a restaurant concession at Marymoor park since 2005, providing healthy food, which is a valued amenity to park users.
C. In the fall of 2009, a new operator purchased the right to operate Subway Real Estate, LLC's franchise at Marymoor park.
D. King County and Subway Real Estate, LLC, desire to enter into a new concession agreement that will allow the new franchisee to operate the restaurant at Marymoor park through 2020, which will provide the parks and recreation division with long-term nontax revenue.
E. Subway Real Estate, LLC, and its franchisee will be authorized to provide specific goods and services at prices specified in the concession agreement. Subway Real Estate, LLC, and its franchisee will pay King County a base rent fee and a percentage of gross receipts.
F. The Subway Real Estate, LLC, concession at Marymoor park benefits the public by generating revenue to support the county's parks and recreation division as outlined in K.C.C. 4.57.020.
G. Under K.C.C. 4.57.020, any proposed concession agreement with an original term that exceeds five years must be approved by the King County council.
SECTION 2. The King County executive is hereby authorized to sign a
concession agreement, substantially in the form of Attachment A to this ordinance, with Subway Real Estate, LLC, for a food and beverage concession at Marymoor park.