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5/3/2017 <br /> SNOHOMISHifmm DISTRICT <br /> Background on the <br /> Rucker Building ILA <br /> Briefing to City of Everett <br /> . � �. _ <br /> e4 <br /> , r, <br /> May 2017 <br /> Original Purchase of the Building <br /> ✓1988 - District began looking to move 125 employees <br /> into one building, as we were spread among three <br /> buildings in Everett. <br /> V February 26, 1990 -MOU is signed to convey <br /> agreement by negotiating team on population <br /> method of cost sharing <br /> V May 16, 1990 - Purchase & Sale Agreement executed <br /> for$5,150,000 <br /> ✓September 27, 1990- ILA executed with financing <br /> agreement for purchase of Rucker Bldg <br /> ✓1995 - Health District completes final payment of loan, <br /> terms of 1990 ILA are satisfied <br /> momem <br /> Snohomish Health District 2 <br /> 1 <br />