HomeMy WebLinkAbout2001 - Traffic Intersection Improvement Fair Share Agreement - International Gateway East II / Sabey Corporation - 20011010000025 i
20011010000025
TUKWILA CITY 0 AG 15.00
PAGE 001 OF 004
10/10/2001 08:37
KING COUNTY, WA
CITY OF TUKWILA
DOCUMENT RECORDING
COVERSHEET
O
O Return Address:
O
CITY OF TUKWILA
O Office of the City Clerk
6200 Southcenter Blvd.
Tukwila, WA 98188
(206) 433 -1800
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O Document Title(s): Traffic Intersection Improvement Fair Share Agreement
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CQ Parties: International Gateway East II, LLC, by Sabey Corporation
Other: City of Tukwila
6200 Southcenter Boulevard
Tukwila, WA 98188
Legal Description: Building A —12401 East Marginal Way South
Building B —12501 East Marginal Way South
Assessor's Property Tax Parcel/Account Number(s):
734560- 0385 -01
734560 0430 -06
Traffic Intersection Improvement
Fair Share Agreement
The development at: Building A: 12401 East Marginal Way South, Tukwila WA
98168
Building B: 12501 East Marginal Way South, Tukwila,
WA 98168
Tax Parcel Numbers: 734560- 0580 -04
734560- 0385 -01
734560- 0430 -06
Entranco's March 22, 2000 traffic analysis for the Group Health Cooperative (GHC)
in Parking Garage and International Gateway East 11 Development Project was amended on
April 6, 2000 to reflect the updated traffic impacts of these two projects upon the City of
O Tukwila's streets, including the intersection of East Marginal Way South and South 130
Street.
O
The signal warrant analysis, using the years 2000 and 2010 and the forecasted number of
O vehicle trips for these years did not warrant the installation of a signal. However, the
analysis forecast a Level of Service (LOS) F for this intersection during the p.m. peak
hour in 2010. For this reason, the City has determined that a signal will be needed at this
,—a
intersection, no later than 2010.
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O International Gateway East 11 LLC, the owner of the development property identified
Ge above, recognizes an obligation to pay a proportionate fair share of the costs of a signal
and related civil improvements at this intersection. The owner therefore waives the right
to protest a future L.I.D. formed for the purpose of providing such a signal and related
civil improvements at the intersection of East Marginal Way South and South 130
Street.
This agreement will be recorded by the City with the King County Auditor and shall run
with the land and be binding upon the parties and upon their representatives, transferees,
successors, and assigns.
Traffic Intersection Improvement Fair Share Agreement
Page 2
OWNER:
INTERNATIONAL GATEWAY EAST II
LLC, by SABEY CORPORATION, Manager
By �.t,...,..�
Its: n�..r.� cam. C Sa
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Date: 9 1 I
Address: 12 -01 1, L IJw V,—�
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o STATE OF WASHINGTON
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County of CT
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On this day personally appeared before me JRm>pS lU Harm
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To be known to be the individual described in and who executed the within and foregoing
instrument, and acknowledged that he /4w4ley signed the same as his /Ief4he+rfree and
CQ voluntary act and deed, for the uses and purposes therein mentioned.
Given under my hand and official seal this j a day of
Ser- +Wb-F-,r aoo I
MARY A. HALL Signature
STATE OF WASHINGTON M -A R,q A L L
NOTARY --a-- PUBLIC Print Name
MY COMMISSION EXPIRES 12 -19 -01 NOTARY PUBLIC IN AND FOR THE STATE
OF WASHINGTON, RESIDING AT
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My commission expires -\9-01
Traffic Intersection Improvement Fair Share Agreement
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CITY OF TUKWILA
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lic Works Direct Date
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