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HomeMy WebLinkAbout1994 - Shared Directional Sign Agreement - Quality Rentals / Traveler's Choice Motel - 9410030398ESTOPPEL CERTIFICATE August 2, 2021 Re: Shared Directional Sign Agreement (the "Agreement"), executed as of July 10, 1994 and recorded on October 3, 1994 under King County Recording No. 9410030398, by and between the Quality Rentals, Pacific Highway S., Tukwila, Washington 98168 ("Grantor") and the City of Tukwila, a Washington municipal corporation, as successor - in -interest to Traveler's Choice Motel, 3747 S. 146th St., Tukwila, Washington, 98168 (the "Grantee") regarding that certain real property located at 3747 South 146th Street, Tukwila, Washington and legally described on Exhibit A hereto (the "Property"). Ladies and Gentlemen: The undersigned certifies that, as of the date of this Certificate, with respect to that certain shared directional sign as described in the Agreement (the "Shared Directional Sign"): 1. The Agreement pertains solely to and encumbers the property of Grantor. 2. There is no Shared Directional Sign on the property of Grantor and since there is no Shared Directional Sign on the property of Grantor, Grantee has no obligations under the Agreement. Accordingly, the Agreement is no longer in full force or effect and is terminated. 3. Neither Grantor nor Grantee has any rights under the Agreement, including the right to enforce any terms under the Agreement against Grantee, the Buyer (as defined below) or any other successors and assigns to the Property. The truth and accuracy of the certifications contained herein may be relied upon by (i) Tukwila Community Coalition LLC, a Washington limited liability company ("Buyer"), and (ii) any successors and assigns to Buyer's interest in the Property (collectively, the "Reliance Parties"), and said certifications shall be binding upon the undersigned and its successors and assigns, and inure to the benefit of the Reliance Parties. Very truly yours, CITY OF TUKW LA, a Washington municipal corporation By: Name: F-1/?Vy Title: Date: Cti.--t 8t,t1L- Estoppel Certificate EXHIBIT A Legal Description of the Property THE EAST 88 FEET OF LOT 11 IN BLOCK 7 OF ADAMS HOME TRACTS, ACCORDING TO THE PLAT RECORDED IN VOLUME 11 OF PLATS AT PAGE 31, IN KING COUNTY, WASHINGTON; EXCEPT THE NORTH 10 FEET THEREOF CONVEYED TO THE CITY OF TUKWILA BY DEED RECORDED UNDER RECORDING NO. 9208261189. Exhibit A to Estoppel Certificate SHARED DIBE ���MENT NM PAW= HOY. IL n�o�u�n�9��K��8�Q SEATTLE Y/A 1111111Between Quality Rentls,_____0N11244ww___� Pacific Highway S., Tukwila, Washington, 9B168, herein "Quality~, and Traveler's Choice Motel, 3747 B. 146th Bt., Tukwila, Washington, 9816B, herein "Motel". Quality hereby grants in perpetuity to Motel the exclusive right to erect a shared directional sign upon the property of noality per strict' compliance with Tukwila Sign Code Chapter 19 and any variance permitted thereuf' Providing the following prpvisi��� are adhered to; 1. Motel will submit all. pplication paperwo,k and fees— required to Tukwila Planing Commission. Motel will pay for erection of shared directionoutside pole sign on Quality's property. 2- Motel will contract and pay for all electrical work, permits, and fees' A. Quality will have a separate electrical control over Quality's portion of sign. Said control will be attached to Duality's existing electrical service. B. Motel will have a separate electrical control over Motel's portion of sign. Said control will be attached to Motel's existing electrical service. C. Quality and Motel agree to each be responsible for their severally portions of the sign as pertains to liability, maintenance, signage and up�eep, end to hold and indemnify one to the other harmless for negligence, or tort. Except that in Act(s) of God Duality and Motel agree to share equally cost of liability, repair, or replacement directly related to this sign. D. Duality grants in perpetuity to Motel access and permission to install and maintain electrical servire to Motel's portion of sign' �. Quality agrees with note) to comply with Tukwila's Sign Code variance conditions am pertains to the erection of this sign. Providing any such conditions viIl not work undue hardship on either Quality or Motel' 4. Quality agrees Motel is to have use of upper halt of sign on both surfaces, Quality agrees to provide and maintain in good repair the lower halt of the sign feces, electrical bolbs, and electrical cunnections to Quality's electrical service. Motel agrees to provide and maintain in good repair the upper hialf of the sign faces, electrical bulbs, and electrical connections to Motel's electrical service. 7. Motel ant Quality agree to notify their- respective insurance carriers ann maintain mlnimum coverage. In event of ownershipc�ange, or trans+er, o, name cnange tn1s agreement is maue nart thereof by reference ant j. public record will be binding upon new owners). In event either Motel 57-17761-i-ty--cnrrve-rt-tire--picoperty use to ether than business the remaining business will become sole owner of this sides"`raytmprryve; —mc,d4#W:'r otherwise control it's'use to the exclusive benefit of the(S. remaining business. Pr'cTQ'i`ded"'further`±4+ t4: --all s pulations:y of access for maintenance, repair, upkeep, and operation, C' of this sign shall remain in perpetuity to the benefit of the remaining business. 10. This agreement contains rio other previsions oral or written unless attached hereto and signed by Duality, Motel. 11. This agreement may be modified car amended by mutual written consent and attached hereto. TF -EI S 7 DAY OF FOR TRAVELER'S CHOICE MOTEL .I. HIS •.____.QwNE T�TLE CHUB. .72°14 K/M o_r record at Request.. XtR 6 / L/G . The 'Director of Records. & Licenzing, Kr County, State of Wa0.%ingtorldo by Ctitify the forcc,oUrg docurrent rs a true and orrecoopy of the document recorded in our office. Director of Record& Licer ity K.auffrnen-Ainarsingh On this Day of 9/2/2021 at 12:02 PM