HomeMy WebLinkAboutSpecial 2012-06-25 Item 2 - Tukwila Village - Proposed Deal Terms with King County Library SystemGo LJNCJL A GENDA SYNOPSIS
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ITEM INFORMATION
1ITEM No.
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Tukw
ila Village Library Prc posed Elea! Terms
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91)()N:'C13's City] administration arid Ite King Ccunty Library Slylsilem have agreed a proposed deal
SL MM1R1" term151 k r cionsilruci ing a new library on the Tul w ila Tillage site. The Co L ncil isl being asked
to consider and appnalve the proposed deal Ilerms all the Special Meetirlg lc 11c How the
Cc mmitilee ofl the Whc le.
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❑ Utliiies Cantle ❑ Arls Camm. ❑ Paiks Cornet. ❑ Plan ringl Camm.
DAI TI: C OM MITTE E C HAIR:
RECOMMENDA TIONS:
SiP: NSCIit ADMIN.
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Ecionc [Tic! Development!
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Conan ienAli:
MTG. DATE
REICORD OF COUNCIL ACTION
06) 25/112
M11G. DATE
ATTACHMENTS
06) 29) 112
]lnfblrmlailialrlal Memorandum) dated 6/ 20) 112
Proposed Tlerm Sheet
Calrlceptual Site Plan
143
144
City of Tukwila
Jim hlaggertc n, Maylor
INFORMATIONAL MEMORANDUM
110: Mayor I; aggertc n
City Council
FROM: Derek Slpecli, Baonomia Development Administrator
DA118: June 20, 2012
SIL 11 BCT: Tukwila V illage Library Rroposed Deal Terms
ISSUE
111- e CIi1y plc minisi mai ion 11E quests Council approval o1I propasE c c E al 1E 11ms wii r the King Cor, riiy
Lit many Ely stem lora a riew library in llukwila VillagE .
BACK CIROIJ N D
Fcni a numbers al years, tI e CIi1y and tr e King Clouniy Lit 'aryl System i KCIL SI) have expressed a
desi'E for KCLS 1a opE n a b'arrc l lit nary as pari of the City's Tukwila Village development. In
late 2010 KCLS t egari an evaluation of lhrieE sites will -in llukwila VillagE tl at wor.Id be sir. liable
lion a siarrd-alorE library. KCIL SI determined 11- al tie poril-Eas1 corner oil 11-E irilE119Ection of
llr.kwile Irrie'rraiicrrrai Boulevard and Eloutl- 144th waE the best orliion anc p'EEErrlEc thein
analysis to 1 he City Clot. ncil on Fet rlt ary 28, 201- . On Maic l 7, 201' 11- E Ciiy Council
appricN E c a si nalegy llo' llc kwila Village 1 has started a c E \ E lopE' self ctior process Ion 11c k wile
Village and began nE gol ial ions will- KCLS sr. CI. O. at if 1 hE y could rias IIE acr ar agreement will-
11-
iti1r e c E VE IopE ri trey cot. Id purcl ase 1 hE propE rty from 1 he City.
Ori JunE 6, 2(111 11- E Ciiy Council selEcted 1IL kwile V illagE EEE lopment Associates, L L CI
1 11VDA as t1 e c eveloper for Tukwila Village and 11 e next week, Cli1y Eiafll mel with KCILSI anc
11VDA 10 begin joins negotiations. Slirrce that time, tr a ihrEEl parties (II CLEI,1IVDA, anc the City;
have investE d a gmEial deal of lime and enerigy refining the llr.kwila VillagE site plan arc
negcrliaiirrg key 1E 11m 110' 11 e c eN,E lopment to meel everyone's inlerests. The aur'eni proposal is
110' t1 e City to sell a rlortiarr of 1 hE los direcl ly to KCL SI. BE 11o'e 11 e City and KCLS dedicate a
sigrrilicrari amount till atlorriEy 1imEI to c malt the purchase and sale agreEimerri, stafll request:
Cour ail approval of the main ierims 10 be 1. Eied in the ag'eEimerri.
DISC lJ SISIION
City anc KCL SI.1alfs have agreac ori tr e main terms that way Id lloim 11 e Iasis for a pt.'crf age
and sale agreEimerri (5 E e attached leim sl. eet; . Following is a summary' of the k Ely terms:
F mice, Lot, anc Building Mize:
• llhe City will EIE II a pori ion oil tr a Tukwila Village property al 11-E rrcr'i heast comer of i he
inimaaalior of llukwila International BoL.le\alic and Elor.il- ' 44tt S1'ee1 (see altached
croriciaplr.al rile plan; to KCIL SI ilor $9CI0,C1001on a 10,CIC10 are loot library.
Coordirralion will. TVDAI:
• KCL SI will com a conceptual :I1EI Flan 1101111-eir kiaraE 1 and crcrrraepir. al aral• itecir.'al
design no later thar 45 days anter TVDAI submits a complete design review application
for i1s 1liiisrl c evelogmeril phase.
• The City's agneerr eni with 11VDA will enst, re 11 at 11V E A const11r. tits the s1 ared
irrilrastrucir 11E rrecressa'y ilor 11 e library c uring 1NCA's ilirsl c evelorimerri phase. KCIL SI will
145
INRORMA1IICNAL MBMC
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pay 10 INCA a proportional arid reasonable contribution )award ire shaded irrfrlastrcail_ ne
cods.
Timing:
• KCLS will submit bt. ilding applicialions wilt in len months after the dale TVDA
submits bLilding permit applications for the lirs1 development phase.
• KCLS arid the City will close escmcrw (exchanging payment arid crwriersr ip) alien ire
building pEIIimits for if library anc the fiat c evelopmerll phase are heady to be
appiicA ec
▪ If K CILEI is unaL le to close escii crw, ire Clily-KCLS agreement terminates.
▪ If K CILEI has not sr, t Iiarltially starlet construct ion wilt in sb months alter akrsE1 of escmaw
or i1I KCLS r as ncrl aompleied construction within lwa years alien slanting constuc titian,
11- e Cil may rept_ icr ase the parcel llcul $5C C ,OC rill s the reasonat le cast all any
improvements.
Cosign Quality:
• Ilr e Clily's review al the Iiia plan arid L t. ilding design will L e r andlec throud r the ramie
process as any private c El%elopmerlt. In adc ilion, KCLSI 1 as ccrmmitiec that all llacac es
oI the litany will be of r igh qualify design consistent wil their) orgarli2alian's stancards
ilcru libraries 1 r E'y'e a recerrl ly buil) and 1F• al 1F• e Clily may use 11- ese standar s dt, ling 1 r a
design review piiiacess.
Price, Lo1, and BL ilding Size: Ilhe lot is the mast isible corner' oI Tt. kwila Village. The lit navy is
an excellent L se lor the canner since it will aria au the development as a pt. L tic space, ata pact
people is the develcpmerli, and IL pporl a positive image. Because KCILEI has agneac (see
concept L al site plan; to [-a% El nc palk incl cu' road between the library and 11- El plaza, people using
the library will be more likely 10 L se 11" e plaza and indcrai commons. The $5C C ,0C C pike is very
fair and appnogiiialEl. The City recently ccrmpleiec an appraisal lor this t'aut'er 101 11 al estimated
a value of $55 per sqi. are foot for a Lt. siness wit r a drive 11- 'laugh sl Ca" as last loot ; or $130 per
sgt.ane foot if a c'live throLdr is not allowec. Since if IF- Ei library wane ncl put on this lot 11 is Deny
unlikely ire city wat.Id allow a bL airless with a c rive thnoigl in its place, the Iowan estimate is
more appropniale. The speci Iia Icl1 bot, nc aries are still to L e c eie'lmirled L LI a 'laugh est imiale is
between 2C ,OC arid 29,0C C sqi are feet, resulting in a range of $E 00,C 0010 $75C ,OCC . K CILSI
has staled t1 al $9C O,C C 0 is the mai imt. m 1 r ey can Mond to pay . At the lama time, KCLSI
pneviat. sly indicated 11- Eiy hac funding for an EI,C C C sqi ane foot Lt. ilding but not 1 he Iaig er 'IC ,0C C
sougtl by the City. By agreeing 10 $500,00C t1 e Cliiy is providing the commitment necessary'
t1 al enabled KCLS 10 commit 1cr bL ilding a -10,000 square loot bL ilding.
Cooic inatiorl with 11VDA: These propcsec terms sliiik e a balance lo enaL Ie KCILEI anc TV EP 1a
move lonhia'lc on their' own sch edules while requiring the minimum rlecessaiy coordination.
llr ese terms will not mgt., ire 1 he lit nary anc TV EP's architect t. ral styles 1a mato L t.1 will era. 11E1
11- e general style conaepl s are c evelopec al 11 -El same lime, wl ich ensure an opportunity ton 11- e
Iwo cnIganizations 1a coordinate. Ilhese l Bums will east. 11EI that the site plan elements (gracing,
pedes1rian access, vehicle access, wanking, etc.) will be inleguated.
)liming: IlrEl giiaposed lenms aue slut atunec to allow KCILEI plenty of time 1a accomplisr its
commitments wit ile giving the City the ability to eilren terminate the agneement or pt., ucirase the
property L aak if the lit nary' is not moving forward to completion.
Design: It El riiicIKiosed l enms ane inieric ed 10 give 11- e Clii y 11- e assL mance that KCLSI will la ild 11- E'
lit navy with a r igh quality design aric materials consistent with 1r a libraries it al KCLS r as
C:\Documents and Settincs\derek-s\Deskap \Iitrar (acncilAgarida Mem Alec
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IN RC RMAl1IONAL MBMC
Flage 3
recently built. The City 'El aorli not oven design woLld t e similar to its at ility will- any private
development will- additional asst. rance o1I meeting IaCILS siandands.
11 is important 110 note t1 all the Counail's \dote on Iris pnopasErc coal IEnms c oes nail biric the City.
1I1' is N4aie is nail a legal nequinemenl bL 11 is a staff request to publicly dook mord it e maid terms to
ensr. na staff is moving forwand on 11- El nigr 1 path.
Next steps: If Clounail appro\ os the proposec terms, staff will wank with Ia CILEI to c raft fro ft. II
punarasa aric sale agreements with 11' El irilerll of retL rning to Council for approval of those
agneEimErriis iri , t. ly.
FINAN C IAL IMFIPIC 11
No additional buc gel is necessary for 11 -is action.
REIC OMMENDAIIION
111- El ClaL ncil is being askec to approve 11 -Er rinorlasac term 91-EIEr1 and consider tl' is i1Erm at the
L ne 25, 2CI12 Committee of the \AI- ale meeting aric gut Eloquent J L riEi 09, 20' Special
MEIErlirig.
ATTACHMEN11SI
Rlroposed Tarim St. eet
Conceptual SIile Allan
WA a 12 Info Men c s -Cot n ail\Ti I wila Villag e Dealle rn .doc
147
148
PI1 iCI13OSEDI TERM SHEET
6/10/12
l 11hea C1i1N wi11 sell thea Kling County Library Systam (KICIIIS) a legall aansisting cifl a
portican cal the narihaast corner cal the intersactiari ofl Tukwila llntarnatianal Boulevard anc
SoLth l 441h 5.Iilreaet to KCLIS fbr a :I 0,000 squares foot llibrary for a price cal gl_`I00,(1(10. Tho
]cal boundaries shall be mutuallN agreaable to KICIIS, tha Lleiveloper, and thea City.
2. KICIIS shall submit a conaeiplual site plan fkar the library parcel and a aanaaptual
architactural dosign for the llibrary building no later than z_I days following the data that
11Lkwila `tillages Daualopment Associates LLIC lithe "Dlevealapan") submits a complate
design reiview application for the first phase of ties Tukwila \1i11agei deavo1ci infant. Tho
canaaptua] sita plan fkar tho :library parcel must be mutually agraed upon by KICLS arc
1 hes Devel apar.
City shall ensure tho Dleiveloper's first phase shall inclludei tha shared infrastructura
naeided 10 operal a a :library on the library parcel sl ch as wads, shared ui i 1 it i es, sharac
park i ng areas and storm watanilwater quality c ataml i or.i sN stare .
KICLS will sub -nit building pampa applications within tan months afiler tho date tla
Davalopar sutnits building permit app]iaations fkar the first phases.
4. KICLS and the C ily will alma aseraw afar tho KICLS building permit for the :Iibnary and
the Dlevelapar's building parmits fkhr the first phasa ara ready 1a ba approved. If KICLS is
mat le 10 closa asarow within 30 daNs frame when its building permits aro ready to ba
apprau ad, tha agraament terminates.
`I. I fi KIC LIS has r.ical sut start i ai l y aam manced aonst n at ion of its branch library an 1 he library
parca] within six mianlhs frame alasea of ascrow or ifIKC ES has nal camplleitec aonstruation
within twa Naars Emir substantially aamimiencing aanstruction (Iunlass suah fa'llura to
com:nuncaa aonstrualion arises from any delay in aonstrualion car aamiplafann of the first
phasa oflthe llukwila `lillaga pnajecl on forae miajeura avants;, 1ha City may re -purchase
the Tukwila Ilibrary parael at tha sama purchase priae plus tho reasonablea cost cal any
improvemanl s.
(. A 11 faaades of tha library shall ba of high quality c as i gn aonsi sterol with the Library
SN swill's standards for librafas reaarilly built by KICLS. 'llhla City may use thase
standards during thea design raviaw praaess.
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KIC LIS will pay to Dlevelapear a proparlionata and reasonable aanlribution towards sharod
infltastrualLira aosts that baneft 1haa lit rarN 1rancal anc will agrea to anter into rcaaiproaal
aasamients far sharad util'1ies, vehicular and padaslrian aaaeass, parking, drainage, avatar
quality traatm ant and daleantfan systems, including shared maintananae (lasts. KICLS will
not be raguirad tci pay a parking mianagemanl fea.
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