RES 25-005RESOLUTION NO. 25-005
A RESOLUTION approving the First Amendment to
Development Agreement between the City of Camas and Vestcapital
Fund II, LLC and MASlA, LLC
WHEREAS, the Council of the City of Camas has previously approved a Development
Agreement with the predecessors of the current owners in title recorded under Auditor's File No.
5268706 AGR; and
WHEREAS, City and Vestcapital Fund II, LLC and MAS IA, LLC, have negotiated a First
Amendment to Development Agreement; and
WHEREAS, the City Council has conducted a public hearing according to law on the
proposed First Amendment to Development Agreement, at which time it considered testimony from
all interested parties; and
WHEREAS, the City Council desires to approve the First Amendment to the Development
Agreement and authorize the recording thereof with the Clark County Auditor;
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CAMAS
AS FOLLOWS:
I
That certain First Amendment to Development Agreement between the City of Camas and
Vestcapital Fund II, LLC and MASlA, LLC relating to real property located within the City's
municipal boundaries is hereby approved. The Mayor is authorized and instructed to sign the
Agreement on behalf of the City.
II
Upon execution by all parties thereto, the First Amendment to Development Agreement shall
be recorded with the Clark County Auditor, pursuant to the requirements of RCW 36.70B.190.
ADOPTED BY THE COUNCIL OF THE CITY OF CAMAS AND APPROVED BY THE
MAYOR this 5th day of May, 2025.
Resolution No. 25-005
APPROVED as to form:
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SIGNED: ~~
ATTEST:_-"""(}_._~-=----::-----=::;:;;r--=-----
Clerk