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HomeMy WebLinkAboutOrd 2603 - Development Agreement Amendment 3 - 223 Andover Park East with South Center WA LLC (Interurban Hotel / Airmark Apartments)Cl'*ty of i I a Washington Ordinance No. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, RELATING TO DEVELOPMENT AGREEMENTS AUTHORIZED PURSUANT TO CHAPTER 18.86 OF THE TUKWILA MUNICIPAL CODE; APPROVING AND AUTHORIZING THE THIRD AMENDMENT TO THE 223 ANDOVER PARK EAST DEVELOPMENT AGREEMENT WITH SOUTH CENTER WA, LLC, A WASHINGTON LIMITED LIABILITY COMPANY; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, RCW 36.7013.170, et seq. and Tukwila Municipal Code (TMC) Chapter 18.86 authorize development agreements between the City and persons having ownership or control of real property in order to establish development standards to govern and vest the development use and mitigation of real properties; and WHEREAS, the City of Tukwila and South Center WA, LLC entered into a Development Agreement for the 223 Andover Park East Development effective the 19th day of March 2013 (and approved by Ordinance No. 2399 on March 18, 2013); and WHEREAS, the City of Tukwila and South Center WA, LLC entered into the First Amendment to the Development Agreement for the 223 Andover Park East Development effective the 19th day of May 2014 (and approved by Ordinance No. 2438 on May 5, 2014); and WHEREAS, the City of Tukwila and South Center WA, LLC entered into the Second Amendment to the Development Agreement for the 223 Andover Park East Development effective the 24th day of November 2015 (and approved by Ordinance No. 2490 on November 16, 2015); and WHEREAS, the City of Tukwila and South Center WA, LLC wish to enter into a Third Amendment to the Development Agreement for the 223 Andover Park East Development, a copy of which is attached hereto as Exhibit A; and WHEREAS, as required pursuant to TMC Section 18.86.050, a public hearing was conducted on the 25th day of March 2019 to take public testimony regarding this Third Amendment to the Development Agreement as proposed; W: Legislative Development\223 APE DA-Third Amendment 3-4-19 NG:bjs Review and analysis by Barbara Saxton Page 1 of 2 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. The Third Amendment to the 223 Andover Park East Development Agreement by and between the City of Tukwila and South Center WA, LLC, a copy of which is attached hereto as Exhibit A, is hereby approved and the Mayor is authorized and directed to execute said Third Amendment to Development Agreement on behalf of the City of Tukwila. Section 2. Corrections by City Clerk or Code Reviser. Upon approval of the City Attorney, the City Clerk and the code reviser are authorized to make necessary corrections to this ordinance, including the correction of clerical errors; references to other local, state or federal laws, codes, rules, or regulations; or ordinance numbering and section/subsection numbering. Section 3. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 4. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City and shall take effect and be in full force five days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this �7- day of A or, 12019. 1 ATTEST/AUTHENTICATED: Christy O'Flah6dy, MMC, City Clerk APPROVED AS TO FORM BY: Filed with the City Clerk: Passed by the City Council: -1 Published: it ATU Effective Date: Rabhel B. Turpin, Cit� Attorney Ordinance Number: 6" Exhibit A: Third Amendment to Development Agreement by and between the City of Tukwila and South Center WA, LLC for the 223 Andover Park East Development W: Legislative Development\223 APE DA-Third Amendment 3-4-19 NG:bjs Review and analysis by Barbara Saxton Page 2 of 2 THIRD AMENDMENT TO DEVELOPMENT AGREEMENT BY AND BETWEEN THE CITY OF TUKWILA AND SOUTH CENTER WA, LLC FOR THE 223 ANDOVER PARK EAST DEVELOPMENT THIS THIRD AMENDMENT TO DEVELOPMENT AGREEMENT (the "Third Amendment") is made and entered into this day of April 2019, by and between the CITY OF TUKWILA ("City"), a non -charter, optional code Washington municipal corporation, and SOUTH CENTER WA, LLC, a Washington limited liability company ("Developer"). I. RECITALS WHEREAS, the City of Tukwila and South Center WA, LLC entered into a Development Agreement for the 223 Andover Park East Development effective the 19th day of March, 2013, and approved by Ordinance No. 2399; and WHEREAS, the City of Tukwila and South Center WA, LLC entered into the First Amendment to the Development Agreement for the 223 Andover Park East Development effective the 19th day of May 2014 and approved by Ordinance No. 2438; and WHEREAS, the City of Tukwila and South Center WA, LLC entered into the Second Amendment to the Development Agreement for the 223 Andover Park East Development effective the 24th day of November 2015 and approved by Ordinance No. 2490; and WHEREAS, Developer has completed construction of the project and received a certificate of occupancy; and WHEREAS, the First Amendment to the Development Agreement stipulated a maximum of two wall signs with a maximum area of 500 square feet each which have been approved by the City and installed on the building; and WHEREAS, Developer has requested another amendment to the development standards provisions listed under section 4.2 of the Development Agreement in order to add additional signage to the structure; and WHEREAS, as a mixed -use high rise the building has unique signage needs; and WHEREAS, the project is a pioneer in the effort to establish the Southcenter District as a residential neighborhood and advertising the availability of apartments will help to realize that goal; and WHEREAS, the additional signs are justified for a five-year period during the development of a critical mass of residential buildings in the Southcenter Area and the lease up of the project's apartments; and WHEREAS, at the expiration of the five-year period the Developer must remove the signage or ask the City to reconsider and extend its use; and WHEREAS, due to the benefits as described in the Development Agreement the City desires the proposed development to proceed; and WHEREAS, as required pursuant to TIVIC 18.86.050 the City conducted a public hearing on the 25th day of March 2019 to take testimony regarding this Third Amendment to the Development Agreement; and WHEREAS, the City Council, pursuant to City Ordinance No. approved this Third Amendment to the Development Agreement as proposed and authorized execution of this Third Amendment to the Development Agreement; and WHEREAS, the Parties desire to enter into this Third Amendment to the Development Agreement upon the terms and conditions as set forth herein, NOW, THEREFORE, in consideration of the mutual promises set forth herein and the long-term benefit to both the City and the Developer, the Parties hereby agree as follows: 11. AGREEMENT Signage: Section 4.2 of the Development Agreement is hereby amended to add 2 wall signs to the previous sign allowance. Additional wall signs: a) May be up to 1,000 square feet each; and b) May extend above the parapets of the walls on which they are attached; and c) Are limited to the copy "Airmark Apartments"; and d) Must be removed within 5 years of the effective date of this Amendment, e) Removal to be guaranteed by a bond or cash assignment of $30,000 to be received by the City prior to issuance of the sign permits. The remaining requirements of Section 4.2 remain in full force and effect. N 2. This Third Amendment shall be recorded against the Property as a covenant running with the land. 3. Except as amended herein, the terms and provisions of the Development Agreement remain in full force and effect. In Witness Whereof, the parties have caused this Third Amendment to be executed, effective on the day and year set forth on the first page hereof. CITY OF TUKWILA, a Washington municipal corporation By: Allan Ekberg Its: Mayor Date: ATTEST/AUTHENTICATED: Christy O'Flaherty, MMC, City Clerk APPROVED AS TO FORM: City Attorney SOUTH CENTER WA, LLC, a Washington limited liability company By: Omar Lee Its: Manager Date: 3 STATE OF WASHINGTON ) )SS COUNTY OF On , 20_, before me, the undersigned, a Notary Public, personally appeared ALLAN EKBERG, personally known to me (or proved to me on the basis of satisfactory evidence) as the person whose name is subscribed to the within instrument, and acknowledged to me that he executed the same in his authorized capacity as MAYOR OF THE CITY OF TUKWILA, and that by his signature on the instrument the entity upon behalf of which he acted, executed the instrument. WITNESS my hand and official seal. Print Name: NOTARY PUBLIC in and for the State of Washington, residing at My commission expires: STATE OF WASHINGTON ) )SS COUNTY OF On , 20_, before me, the undersigned, a Notary Public, personally appeared OMAR LEE, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument, and acknowledged to me that he executed the same in his authorized capacity, as MANAGER OF SOUTH CENTER WA, LLC, and that by his signature on the instrument the entity upon behalf of which he acted, executed the instrument. WITNESS my hand and official seal. Print Name: NOTARY PUBLIC in and for the State of Washington, residing at My commission expires: 0 City of Tukwila Public Notice of Ordinance Adoption for Ordinance 2603. On April 1, 2019 the City Council of the City of Tukwila, Washington, adopted the following ordinance, the main points of which are summarized by title as follows: Ordinance 2603: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, RELATING TO DEVELOPMENT AGREEMENTS AUTHORIZED PURSUANT TO CHAPTER 18.86 OF THE TUKWILA MUNICIPAL CODE; APPROVING AND AUTHORIZING THE THIRD AMENDMENT TO THE 223 ANDOVER PARK EAST DEVELOPMENT AGREEMENT WITH SOUTH CENTER WA, LLC, A WASHINGTON LIMITED LIABILITY COMPANY; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. The full text of this ordinance will be provided upon request. Christy O'Flaherty, MMC, City Clerk Published Seattle Times: April 4, 2019