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HomeMy WebLinkAboutCAP 2008-07-28 COMPLETE AGENDA PACKET Distribution: City of of Tukwila J. Duffle K. Matej 4 J. Hernandez M. Miotke o Affairs and V. Griffin B. Noland G) D. Quinn C. O'Flaherty ¢t O P. Linder N. Olivas N 2 Parks Commi D. Robertson J. Pace Joan Hernandez Chair Mayor Haggerton D. Speck 190E R. Berry R. Still Verna Griffin E. Boykan K. Narog(cover) De'Sean Quinn B. Fletcher S. Kirby(emaiq M. Hart S. Norris(emaio V. Jessop B. Giberson S. Kerslake P. Beckwith G. Labanara G. Diener AGENDA MONDAY, ,duly 28, 2098, 5 .00 PM Conference Room #3 ITEM I RECOMMENDED ACTION Page 1. PRESENTATIONS) 2. BUSINESS AGENDA a. A resolution authorizing application to the a. Forward to 8/11 C.O.W. Pg.1 Recreation Conservation Office (RCO) for funding and 8/18 Regular. assistance for the Duwamish Riverbend Hill project; Bruce Fletcher, Parks Recreation Director. b. Development Agreement with Mastro Properties b. Forward to 8/11 C.O.W. P9.3 for a multi family condominium project; and 8/18 Regular. Minnie Dhaliwal, Planning Supervisor 3. ANNOUNCEMENTS 4. MISCELLANEOUS Next Scheduled Meeting: Monday, August 11, 2008 The City of Tukwila strives to accommodate those with disabilities. Please contact the City Clerk's Office at 206 433 -1800 for assistance. The Parks and Recreation Department is seeking authorization to apply for grant application funding for the Duwamish Riverbend Hill development project. The grant requests $220,000 from the Washington Recreation and Conservation Office (RCO) for Federal assistance of the Land and Water Conservation Fund (LWCF). The match will be $110,000 from the approved 2008 CEP budget. If successful, grant funding will be combined with the over $500,000 already secured in other granting efforts. MEMORANDUM TO: Mayor Haggerton Community Affairs and Parks Committee FROM: Bruce Fletcher, Director of Parks and Recreation DATE: July 22, 2008 SUBJECT: Duwamish Riverbend Hill Grant Resolution The Duwamish Riverbend Hill Preserve development will include a trail system, restroom, parking, fencing, kiosks, educational signage, outdoor classroom, removal of invasive plants and appropriate plantings and landscaping. This project has been identified as a top priority in the Parks, Recreation and Open Space Plan and is a cooperative effort with the Friends of the Hill and the Cascade Land Conservancy. A resolution of the City Council authorizing grant application is required by the RCO in order to accept the LWCF funds. It is the recommendation by the Director of Parks and Recreation to authorize the resolution for formal application. Cc. Rhonda Berry, City Administrator / .---, DRAFT A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AUTHORIZING APPLICATION TO THE RECREATION AND CONSERVATION OFFICE FOR FEDERAL FUNDING ASSISTANCE FOR THE DUW AMISH RIVERBEND HILL LAND AND WATER CONSERVATION PROJECT, A LAND AND WATER CONSERVATION FUND (LWCF) PROGRAM PROJECT, AS PROVIDED IN THE LWCF ACT OF 1965, AS AMENDED. WHEREAS, the City has an approved Comprehensive Plan that includes the "Duwamish Riverbend Hill Land and Water Conservation Project," and the Tubvila City Council considers it in the best public interest to complete the project; and WHEREAS, under the provisions of LWCF, Federal funding assistance can be requested to aid in financing the cost of land acquisition and/ or facility development; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: 1. The Mayor is hereby authorized to make formal application to the Recreation and Conservation Office for funding assistance for the Duwamish Riverbend Hill Land and Water Conservation Project. 2. Any funding assistance received is to be used for implementation of the Duwamish Riverbend Hill Land and Water Conservation Project. 3. The City hereby certifies that its share of the project funding is committed and will be derived from the City's Capital Improvement Program. 4. The City acknowledges they are responsible for supporting all non-cash commitments to the sponsor share should they not materialize. 5. The City acknowledges that any property acquired or facility developed ,'lith financial aid from the Recreation and Conservation Funding Board (RCFB) must be placed in use for the Duwamish Riverbend Hill Land and Water Conservation Project, and be retained in such use in perpetuity unless othenvise provided and agreed to by the City of Tukwila and the National Park Service. 6. This resolution will become part of the formal application to the Recreation and Conservation Office. 7. The City of Tuk\vila has provided appropriate opportunity for public comment on this application. 8. The City of Tukwila acknowledges that LWCF grants are Federal funds and, as such, the City must comply yvith all applicable Federal laws. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Council Meeting thereof this day of , 2008. ATIFST/ AUTIIENTICATED: Joe Duffie, Council President Christy O'Flaherty, CMC, City Clerk APPROVED AS TO FOfu\1 BY: Office of the City Attorney Filed with the City Clerk: Passed by the City Council: Resolution Number: C:\Documents and SettingsWI Users\Desktop\Kelly\\-i:SDATA\Resolutions\LWCF Duwamish Riverbend Hill.doc RL:ksn 7[2312008 Page 1 of 1 To: FROM: DATE: SUBJECT: City of Tukwila Jim Haggerton, Mayor Department of Community Development Jack Pace, Director ~ORMATIONMEMO~UM Mayor Haggerton Community Affairs and Pa?-s Committee Jack Pace, DCD Director~~ July 24, 2008 Development Agreement ith Mastro Properties for a multi-family condominium project ISSUE Renew and update the City's previous Development Agreement with Fountain Park LLC (prium Companies) with the new owner (Mastro Properties). BACKGROUND The City previously entered into a Development Agreement with Fountain Park LLC in 2006 for the development of approximately 300 unit mixed use residential development with about 5000 sq. ft. of retail space at the property located just south ofI-405 between the Union Pacific Railroad and the Burlington Northern Railroad tracks and north of Longacres Way. This development agreement also included a property exchange component to facilitate the Strander extension project and Union Pacific Railroad relocation (UPRR). The City and Fountain Park completed the property exchange and the only pending land exchange relates to 43 feet ofUPRR right-of-way. This will happen after the railroad is relocated and the City acquires title to the property. The actions that have already been completed have been removed from the new draft agreement with Mastro Properties. ANALYSIS Mastro Properties acquired the Fountain Park property by deed in lieu of foreclosure since they were lenders to Fountain Park. Mastro Properties would like to proceed with the development as contemplated in the Fountain Park development agreement. However the Fountain Park Agreement has expired since the project was never built. Also, the land use approvals (Conditional Use Permit and Design Review) have expired. This new agreement with Mastro Properties would extend the land use approvals and allow Mastro Properties to apply for building permits for the construction ofthe previously approved project. Mastro Properties has stated they would like to build the same the project MD Page 1 Q:\Conditional use permit\Tukwila Station mixed use- Development Agreement- CAP memo.DOC 07-24-08 6300 Southcenter Boulevard, Suite #100 · Tukwila, Washington 98188 · Phone: 206-431-3670 · Fax: 206-431-3665 previously approved, which is approximately 300 condominium units and 5000 sq. ft. of retail space. Mastro Properties is also working with City of Renton and has offered to build the berm for the new UPRR tracks. RECOMMENDATION Forward the Development Agreement between the City and Mastro Properties to Committee of the Whole meeting on August 11. ATTACHMENTS: A. Development Agreement with Mastro Properties B. 2006 Development Agreement with Fountain Park C. Design schematics for the previously approved project. MD Page 2 Q:\Conditional use permit\Tuk\vila Station mixed use- Development Agreement- CAP memo. DOC 01-23-08 A -~ DEVELOPMENT AGREEMENT BETWEEN :MASTRO PROPERTIES AND THE CITY OF TUKWILA FOR THE DEVELOPMENT OF A MULTI-FAiVlILY CONDOMINIUM PROJECT 1. PREAMBLE This DEVELOPMENT AGREEMENT ("Agreement") between MASTRO PROPERTIES ("Developer") and the CITY OF TUKWILA ("City") is entered into pursuant to the authority ofRCW 36.70B.170 through .210, under which a local goverrnnent may enter into a development agreement with any entity having ownership or control of real property within its jurisdiction. II. RECITALS A. The City previously entered into a development agreement with Fountain Park, LLC ("Fountain Park"), King County recording no. 20061120001126, for the development of a mixed-use, owner-occupied residential project in the Transit-Oriented Development ("TOD") area of the Tukwi1a Urban Center ("TUC"). It was contemplated that this development, commonly known as "Tukwila Station," would be an approximately 300 unit mixed-use residential development with approximately 5,000 square feet of retail space, more fully explained in the design schematics submitted to the City on September 12, 2006 by a prior developer. B. The Fountain Park development agreement also included a property exchange and a temporary easement provision to facilitate the "Strander Project." This project included the relocation of Union Pacific Railroad ("UPRR") right-of-way and track from its current location to a location adjacent to and west of the existing Burlington Northern right-of-way. It was agreed that upon UPRR's vacation of its current right-of-way to the City, the City would also convey a portion of the vacated right-of-way to Fountain Park. C. The City and Fountain Park completed the property exchange and the only pending land exchange relates to 43 feet of the UPRR right-of-way. The condition for the expiration of the temporary easement has been met; therefore, the temporary easement has expired. D. The Tukwila Station development proposed by Fountain Park, however, was never built. A portion of the land transaction was completed, and 43 feet of UPRR right-of-way exchange is pending. However since the construction of Fountain Park development did not commence, the Fountain Park development agreement expired. E. The Developer subsequently acquired the Fountain Park property by deed in lieu of foreclosure since the Developer was the lender to Fountain Park. The Developer would like to proceed with the development as contemplated in the Fountain Park development agreement, which was for the development of a mixed-use, owner-occupied residential project with approximately 300 residential units and approximately 5,000 square feet of retail space, more Page 1 of6 C:\DOCUME-I \Jvfinnie\LOCALS-I \Temp\XPGrp Wise\Tukwila Station mixed use- Development Agreement- 7 -24-08.doc fully explained in the design schematics submitted to the City on September 12,2006, by a prior developer. This is agreeable to the City. F. As portions of the Fountain Park development agreement are no longer applicable and to clarify those portions that are still in effect, the parties have agreed to enter into this development agreement. G. A development agreement must be approved by ordinance or resolution after a public hearing (RCW 36.70B.200). H. A public hearing for this development agreement was held on _, and the City Council approved this development agreement by Resolution _ on _' BASED ON THE FOREGOING, and because successful development will be of long term benefit to the City and Developer, the parties hereby agree as follows: III. AGREEMENT 3.1. The Property. The property is legally described in Exhibit _, attached hereto and incorporated herein by this reference, located at _(address), Assessor's property tax number , ("Property"). 3.2 Parties. A. The "City" is the City of Tukwila, 6200 Southcenter Blvd., Tukwila, W A 98188. B. The "Developer" is a private enterprise which owns the Property in fee, and whose principal office is located at 3.3 Effective Date. This Agreement shall become effective upon approval by the Tukwila City Council and execution by both Parties. 3.4 Termination of Previous Agreements. All previous development agreements entered into by the City related to this Property and/or the Tukwila Station development are terminated. This provision shall survive the expiration of this Agreement. 3 .5 Vested Rights. Developer shall be vested to the following approvals for three years from the effective date of this Agreement: A. Design Review Approval granted by the City's Board of Architectural Review dated April 29, 2005. File Number L05-015. B. Conditional use permit approved by the City's Planning Commission on April 29, 2005. File Number L05-014. Page 2 of 6 C:\DOCUME-l \!\1innie\LOCALS-l \Temp\XPGrp Wise\Tukwila Station mixed use- Development Agreement- 7 -24-08.doc 3.6 Previously Agreed Upon Terms. A. Upon completion of the relocation of the UPRR tracks and the City's acquisition of the existing UPRR right-of-way ("Union Pacific Site"), more fully described in Exhibit _ attached hereto, the City shall convey to Developer for permanent parking purposes the Union Pacific Site. This conveyance shall be detailed in a formal conveyance document that will be executed at the time the City acquires the Union Pacific Site. As part of the conveyance, Developer shall provide the City with a bond or assigned saving account for 150% of the estimated cost of constructing permanent parking on the Union Pacific Site. This permanent parking shall be in conformance with all applicable City regulations and shall be completed within two years of the City's conveyance of the Union Pacific Site. B. Upon public notice by the City of its intent to sell the approximately 57 feet of remaining vacated UPRR right-of-way running adjacent to the Union Pacific Site, Developer shall submit a bid to the City in conformance with the City's bid requirements for the purchase of this property. Developer's bid shall be no less than the property's Fair Market Value at the time the City makes the property available for sale. C. Developer shall extend the existing sidewalk, located on the north side of the Tukwila Station property, west to the intersection with West Valley Highway. The construction and design standards of the sidewalk must be acceptable to the City's Public Works Director. D. The City is not responsible for procuring parking for Developer's development that was lost due to the termination of the Fountain Park temporary parking easement. E. This Agreement does not guarantee any project approval or that other conditions outside the terms of this Agreement will not be imposed by the City. 3.7 Termination. A. This Agreement may be terminated upon mutual agreement of the Parties. B. This Agreement shall terminate upon the abandonment of the development by Developer or if Developer does not construct the development as contemplated by the approval identified above. C. This Agreement shall terminate if Developer fails. to submit complete development permit applications within one year from the effective date 'of this agreement. IV. GENERAL PROVISIONS 4.1 Covenants Running With the Land. The conditions and covenants set forth in this Agreement and incorporated herein by the exhibits shall run with the land and the benefits and burdens shall bind and inure to the benefit of the parties. The Developer and every purchaser, assignee or transferee of an interest in the Property, or any portion thereof, shall be obligated and bound by the terms and conditions of this Agreement, and shall be the beneficiary thereof and a Page 3 of6 C:\DOCUME-l\Minnie\LOCALS-l\Temp\XPGrpWise\Tukwila Station mixed use- Development Agreement- 7-24-08.doc party thereto, but only with respect to the Property, or such portion thereof, sold, assigned or transferred to it. Any such purchaser, assignee or transferee shall observe and fully perform all of the duties and obligations of a Developer con!ained in this Agreement, as such duties and obligations pertain to the portion of the Property sold, assigned or transferred to it. 4.2 Incorporation of Recitals. The Recitals contained in this Agreement, and the Preamble paragraph preceding the Recitals, are hereby incorporated into this Agreement as if fully set forth herein. 4.3 Severability. If any term or provision in this Agreement, or the application of any term or provision in this Agreement to a particular situation, is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining terms and provisions of this Agreement, or application of this Agreement to other situations, shall continue in full force and effect unless amended or modified by mutual consent of the Parties. Notwithstanding the foregoing, if any material provision of this Agreement or the application of such provision to a particular situation is held to be invalid, void, or unenforceable, either Party may terminate this Agreement by providing written notice of termination to the other Party. 4.4 Applicable LawN enue. This Agreement shall be construed and enforced in accordance with the laws of the State of Washington. The venue for any dispute arising under this Agreement shall be King County Superior Court. 4.5 Notice of Default!Opportunitv to Cure/Dispute Resolution. In the event a Party, acting in good faith, believes the other Party has violated the terms of this Agreement, the aggrieved Party shall give the alleged offending Party written notice of the alleged violation by sending a detailed written statement of the alleged breach. The alleged offending Party shall have thirty (30) days from receipt of written notice in which to cure the alleged breach. This notice requirement is intended to facilitate a resolution by the Parties of any dispute prior to the initiation of litigation. Upon providing notice of an alleged breach, the Parties agree to meet and agree upon a process for attempting to resolve any dispute arising out of this Agreement. A lawsuit to enforce the terms of this Agreement shall not be filed until the latter of (a) the end of the 3D-day cure period, or (b) the conclusion of any dispute resolution process. 4.6 Attorneys' Fees. In the event of any litigation or dispute resolution process between the Parties regarding an alleged breach of this Agreement, neither Party shall be entitled to any award of attorneys' fees. 4.7 No Third-Party Beneficiaries. This Agreement is for the benefit of the Parties hereto only and is not intended to benefit any other person or entity, and no person or entity not a signatory to this Agreement shall have any third-party beneficiary or other rights whatsoever under this Agreement. No other person or entity not a Party to this Agreement may enforce the terms and provisions of this Agreement. 4.8 Entire Agreement. This Agreement and its exhibits represent the entire agreement of the Parties with respect to the subject matter hereof. There are no other agreements, oral or written, except as expressly set forth herein. Page 4 of6 C:\DOCUME-I\Minnie\LOCALS-I \Temp\XPGrp Wise\Tukwila Station mixed use- Development Agreement- 7-24-08.doc 4.9 Authority. The Parties each represent and warrant that they have full power and actual authority to enter into this Agreement and to carry out all actions required of them by this Agreement. All persons are executing this Agreement in their representative capacities and represent and warrant that they have full power and authority to bind their respective organizations. 4.10 Recording. Developer shall record an executed copy of this Agreement with the King County Auditor, pursuant to RCW 36.70B.190, no later than fourteen (14) days after the Effective Date. 4.11 Legal Representation. In entering into this Agreement, Developer represents that it has been advised to seek legal advice and counsel from its attorney concerning the legal consequences of this Agreement; that it has carefully read the foregoing Agreement and knows the contents thereof, and signs the same of its own free act; and that it fully understands and voluntarily accepts the terms and conditions ofthis Agreement. 4.12 Minor Modifications. Minor modifications from the approved development or the exhibits attached hereto may be approved by the City's Department of Community Development Director in accordance with the provisions of the City's code and shall not require an amendment to this Agreement. 4.13 Police Power. Nothing in this Agreement shall be construed to diminish, restrict or limit the police powers of the City granted by the Washington State Constitution or by general law. IN WITNESS WHEREOF, this Agreement has been entered into by and between Developer and the City of Tukwila. MASTRO PROPERTIES CITY OF TUKWILA Date: Date: By: Its: By: Jim Haggerton, Mayor Approved as to Form: Shelley Kerslake, City Attorney Page 5 of 6 C:\DOCUME-l\Minnie\LOCALS-I\Temp\XPGrpWise\Tukwila Station ffiLxed use- Development Agreement- 7-24-0S.doc STATE OF WASHINGTON) ) ss: COUNTY OF KING ) On this day of 2008, before me personally appeared , in (his/her) capacity as of Mastro Properties, a , who executed the within and foregoing instrument, and acknowledged the said instrument to be a free and voluntary act and deed for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute said instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. Printed Name: NOTARY PUBLIC ill and for the State of Washington Residing at: My commission expires: STATE OF WASHINGTON) ) ss: COUNTY OF KING ) On this day of 2008, before me personally appeared Jim Haggerton, known to me to be the Mayor of the City of Tukwila, a Washington municipal corporation that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of the City of Tukwila for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute said instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. Printed Name: NOTARY PUBLIC ill and for the State of Washington Residing at: My commission expires: Page 6 of6 C\DOCUME-l\Minnie\LOCALS-1 \Temp\XPGrpWise\Tukwila Station mixed use- Development Agreement- 7-24-08.doc 1ft; {)L.-097 {}fP((,7Ivh1;~ ~~ C.11 (C"i'){',); J-:- ')-0 b DEVELOPIVIENT AGREEMENT BETWEEN FOUNTAIN PARK LLC AND THE CITY OFTUK\~LA 13 FOR THE DEVELOP1\1ENT OF A MULTI-FAMILY CONDOMINIUM PROJECT .- 1. PREAMBLE This DEVELOPMENT AGREEMENT ("Agreement") between Fountain Park LLC, a wholly owned entity ofPrium Companies LLC ("Fountain Park") and the CITY OF TUKWILA, a municipal corporation of the State of Washington ("Tukwila" or "City"), is entered into pursuant to the authority of RC\V 36.70B.170 through .210, under which a local government may enter into a development agreement with any entity having ownership or control of real property within its jurisdiction. II. RECITALS A. Fountain Park has a contract for purchase and sale dated March 8, 2006, to purchase property located in the City of Tukwila, King County, Washington, more particularly described as King County Tax Parcel Nos. 2423049137 and 0005800013, equaling approximately 6.2 acres. B. Fountain Park intends to close on the above-referenced sale on or before October 7, 2006. C. Fountain Park desires to develop this property for a mixed-use owner occupied residential project to be constructed within the Transit-Oriented Development ("TOD") area of the Tukwila Urban Center (''TUC''). This development, commonly known as "Tukwila Station," will be an approximately 300 unit mixed-use residential development with approximately 5,000 square feet of retail space. This developmint is more fully explained in the design schematics submitted to the City on Marc.h 16, 2005 by a prior developer. D. Land uses within the TUC were adopted prior to the presence of the Commuter Rail/Amtrak Station. Tukwila is currently in the final stages of developing a new plan for the TUC that recognizes that the Commuter Rail/Amtrak Station is a transportation amenity. E. The City issued a threshold determination dated April 22, 2005, and approved a conditional use and design review on April 29, 2005. These approvals shall be honored by the City and run with the ownership of the property. The City has further determined that this development meets the City's concurrency standards and that impact fees shall be due at the time of permit issuance. F. The City of Renton has identified a preferred alternative for the future extension of Strander Boulevard eastward from West Valley Highway ("Strander Project"). This alternative would require the relocation of the Union Pacific Railroad ("UPRR") right-of-way from its Page I of9 G:\City Attomey\PETER\PJanning\Tukwila Station DA 7-13.doc / t1f ./1 / ('7<..." current location to a location adjacent and west of the existing Burlington Northern right-of-way. This portion of the property would be owned by Fountain Park. G. To facilitate the relocation of the UPRR, Tukwila would be required to acquire through condemnation, or other negotiated means, the property required for the Strander Proj ect. This would be costly to the City if the property were fully developed at the time of condemnation. H. Tukwila owns approximately 1.63 acres of land immediately north of the Tukwila Station site, of which approximately 36,000 square feet are subject to this Agreement. 1. Thus, the Parties wish to exchange certain parcels of property for their mutual benefit. J. To provide certainty and efficiency to Fountain Park and the City with respect to the development of this property, to encourage mixed-use owner occupied residential development of this property, and to ensure acquisition of property needed for the Strander Project for the City, the Parties wish to enter into this mutually beneficial Development Agreement. BASED ON THE FOREGOING, and because successful development of this site will be of long-term benefit to both Tukwila and Fountain Park, Tukwila and Fountain Park hereby agree as follows: III. AGREEMENT 1.0 Effective Date and Term. 1.1 This Agreement shall become effective upon approval by the Tukwila City Council, execution by both Parties, and proof in a form acceptable to the City of Fountain Park's ownership of the subject property not later,than October 7, 2006; provided, however, that the Mayor in his sole discretion may extend this deadline to November 7, 2006, without further authorization ofthe City Co~ci1. 1.2 The term of this Agreement shall commence upon the Effective Date and continue for a period often (10) years. 2.0 Terms. 2.1 Fountain Park shall convey by statutory warranty deed to Tukwila the portion of its property (estimated to be an approximately 100-foot strip) needed for relocation of the UPRR right-of-way, more fully described in Exhibit "B" ("Fountain Park Portion") attached hereto. 2.2 In exchange, Tukwila shall convey by statutory warranty deed to FOlmtain Park a portion of its property adjacent to the proposed Tukwila Station site, more fully described in Exhibit "A" ("Tukwila Portion") attached hereto. Page 2 of9 G:\City Attomey\PETER\Planning\Tukwila Station DA 7-13.doc 2.3 Fountain Park will retain a temporary easement for parking purposes on the Fountain Park Portion, in a form substantially similar to the attached Exhibit "c" ("Fountain Park Easement"). In utilizing the Fountain Park Easement, Fountain Park agrees to the following Indemnity and Insurance provisions. 2.3.1. Indemnity. Fountain' Park shall indemnify, defend, and hold harmless Tukwila, its agents, and employees from and against any and all liability arising from injury or death to persons or damage to property resulting in whole or in part from negligent acts or omissions of Fountain Park, its agents, servants, officers, or employees, irrespective of whether in connection with such act or omission it is alleged or claimed that an act of Fountain Park, its agents, or employees caused or contributed thereto. In the event that Tukwila shall elect to defend itself against any claim or suit arising from such injury, death, or damage, Fountain Park shall, in addition to indemnifying and holding Tukwila harmless from any liability, indemnify Tukwila for any and all expenses incurred by Tukwila in defending such claim or suit, including reasonable attorneys' fees. 2.3.2. Insurance. 2.3.2(i). Fountain Park shall procure and maintain in full force throughout the duration of its use ofthe Fountain Park Easement comprehensive general liability insurance with a minimum coverage of $1,000,000.00 per occurrence/aggregate for personal injury and property damage. Said policy shall name the City of Tukwila as an additional named insured and shall include a provision prohibiting cancellation or reduction in the amount of said policy except upon thirty (30) days prior written notice to Tukwila. Cancellation of the required insurance shall automatically result in termination of Fountain Park's use of the Fountain Park Easement. 2.3.2(ii). Certificates of coverage as required by Paragraph 2.3.2(i) above shall be delivered to Tukwila prior to Fountain Park's use of the Fountain Park Easement. 2.4 Upon commencement of the Strander Project and any associated relocation of the UPRR tracks, the Fountain ~ark Easement identified in paragraph 2.3 shall terminate and be extinguished. Upon completion of the relocation of the UPRR tracks and the City's acquisition of the existing UPRR right-of-way (''Union Pacific Site"), more fully described in Exhibit "D" attached hereto, the City shall convey to Fountain Park for permanent parking purposes the Union Pacific Site. The property exchange contemplated by this provision will be detailed in a formal Property Exchange Agreerrient that will be executed at the time the City acquires the Union Pacific Site. As part of the Property Exchange Agreement, Fountain Park shall provide the City with a bond for 150% of the estimated cost of constructing permanent parking on the Union Pacific Site. This permanent parking shall be in conformance with all applicable City regulations and shall be completed within two years of the execution of the Property Exchange Agreement. 2.4.1. Upon public notice by the City of its intent to sell the approximately 57 feet of remaining vacated UPRR right-of-way running adjacent to the Union Pacific Site, Fountain Park shall submit a bid to the City in conformance with the City's bid requirements for Page 3 of9 G:\Ciry Attomey\PETER\Planning\Tukwila Station DA 7-13.doc the purchase of this property. Fountain Park's bid shall be no less than the property's Fair Market Value at the time the City makes the property available for sale. 2.5 The City shall exercise its best efforts to provide 180 days advance written notice to Fountain Park of the termination and extinguishment of the Fountain Park Easement. The City shall not be responsible for procuring- interim parking for Fountain Park's development during the associated relocation of the UPRR right-of-way. 2.6 The development is subject to the obligation of each Party to convey clear title to affected parcels. 2.7 The City shall designate in its sole discretion, and on any reasonable conditions, a portion of its property, described im Exhibit "E" attached hereto, for Fountain Park's use as a temporary construction staging area during development of the Tukwila Station site ("Staging Area"). In utilizing the Staging Area, Fountain Park agrees to the following Indemnity and Insurance provisions. 2.7.1. Indemnity. Fountain Park shall indemnify, defend, and hold harmless Tukwila, its agents, and employees from and against any and all liability arising from injury or death to persons or damage to property resulting in whole or in part from negligent acts or omissions of Fountain Park, its agents, servants, officers, or employees, irrespective of whether in connection with such act or omission it is alleged or claimed that an act of Fountain Park, its agents, or employees caused or contributed thereto. In the event that Tukwila shall elect to defend itself against any claim or suit arising from such injury, death, or damage, Fountain Park shall, in addition to indemnifying and holding Tukwila harmless from any liability, indemnify Tukwila for any and all expenses incurred by Tukwila in defending such claim or suit, including reasonable attorneys' fees. 2.7.2. Insurance. 2.7.2(i): Fountain Park shall procure and maintain in full force throughout the duration of its use of the Staging Area comprehensive general liability insurance with a minimum coverage of $1,000,000.00 per occurrence/aggregate for personal injury and property damage. Said policy shall name the City of Tukwila as an additional named insured and shall include a provision prohibiting cancellation or reduction in the amount of said policy except upon thirty (30) days prior written notice to Tukwila. Cancellation of the required insurance shall automatically result in termination of Fountain Park's use of the Staging Area. 2.7.2(ii). Certificates of coverage as required by Paragraph 2.7.2(i) above shall be delivered to Tukwila prior to Fountain Park's use of the Staging Area. 2.8 Fountain Park shall hydro seed, vegetate, and otherwise restore the Staging Area to its original condition and to the reasonable satisfaction of the City upon completion of Fountain Park's use of the Staging Area. The City shall thereafter maintain the restored Staging Area site. Page 40[9 G:\City Attomey\PETER\Planning\Tukwila Station DA 7-13.doc 2.9 Fountain Park shall extend the existing sidewalk, located on the north side of the Tukwila Station property, west to the intersection with West Valley Highway. The construction and design standards ofthe sidewalk must be acceptable to the City's Public Works director. 2.10 The details of the property exchange are set forth in a separate Property Exchange Agreement, which is incorporated by this reference as if fully set forth herein. 2.11 This Agreement does not guarantee any proj ect approval or that other conditions outside the terms ofthis Agreement will not be imposed by the City. 2.12 This Agreement supersedes any and all other Development Agreements related to the property that is the subject ofthis Agreement. 2.13 Fountain Park's development shall be consistent with the approvals granted by . the City's Planning Commission. and Board of Architectural Review dated April 2005. The conditional use permit approved by the City on April 29, 2005, is renewed. 3.0 General Provisions. 3.1 Assignment of Interests, Rights, and Obligations. This Agreement shall be binding and inure to the benefit of the Parties. No Party may assign its rights under this Agreement without the written consent of the other Party, which consent shall not umeasonably be withheld. This Agreement shall be binding upon and shall inure to the benefit of the heirs, successors, and assigns of Fountain Park and the City. 3.2 Incorporation of Recitals. The Recitals contained in this Agreement, and the Preamble paragraph preceding the Recitals, are hereby incorporated into this Agreement as if fully set forth herein. , 3.3 Severability. If any term or provision in this Agreement, or the application of any term or provision in this Agreement to a particular situation, is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining terms and provisions of this Agreement, or application of this Agreement to other situations, shall continue in full force and effect unless amended or modified by mutual consent of the Parties. Notv..rithstanding the foregoing, if any material provision of this Agreement or the application of such provision to a particular situation is held to be invalid, void, or unenforceable, either Party may terminate this Agreement by providing written notice of termination to the other Party. 3.4 Termination. <@};-llis Agreement may be terminated upon mutual agreement of the Parties. 3.4.2 This Agreement shall terminate upon the abandonment of the development by Fountain Park. Fountain Park shall be deemed to have abandoned the development if Fountain Park fails to take title to the property andlor fails to submit development applications before October 7,2006. Page 50[9 G:\City Attomey\PETER\Planning\TukwiJa Station DA 7-13.doc 3.4.3 This Agreement shall expire and be of no further force and effect if Fountain Park LLC does not construct the development as contemplated by the approvals identified in Paragraph 2.13 of this Agreement, and submits applications for development that are inconsistent with such approvals. 3.5 Enforceability. The Parties acknowledge that any willful and material breach of this Agreement will result in irreparable harm, and therefore, in addition to any other remedies that the Party would have, the non-breaching Party would be entitled to temporary, preliminary and permanent injunctions prohibiting the breaching Party from any such willful and material breach. The Parties agree that monetary damages from a breach of this Agreement would be difficult to ascertain and quantify; thus, specific performance is the proper remedy for any breach of this Agreement. 3.6 Applicable LawNenue. This Agreement shall be construed and enforced in accordance with the laws of the State of Washington. The venue for any dispute arising under this Agreement shall be King County Superior Court. 3.7 Notice of Default/Opportunitv to Cure/Dispute Resolution. In the event a Party, acting in good faith, believes the other Party has violated the terms of this Agreement, the aggrieved Party shall give the alleged offending Party written notice of the alleged violation by sending a detailed written statement of the alleged breach. The alleged offending Party shall have thirty (30) days from receipt of written notice in which to cure the alleged breach. This notice requirement is intended to facilitate a resolution by the Parties of any dispute prior to the initiation of litigation. Upon providing notice of an alleged breach, the Parties agree to meet and agree upon a process for attempting to resolve any dispute arising out of this Agreement. A lawsuit to enforce the terms of this Agreement shall not be filed until the latter of (a) the end of the 30 day cure period or (b) the conclusion of any dispute resolution process. , 3.8 Attorneys' Fees. In the event of any litigation or dispute resolution process between the Parties regardinK an alleged breach of this Agreement, neither Party shall be entitled to any award of attorneys' fees. 3.9 No Third-Party Beneficiaries. This Agreement is for the benefit of the Parties hereto only and is not intended to benefit any other person or entity, and no person or entity not a signatory to this Agreement shall have any third-party beneficiary or other rights whatsoever under this Agreement. No other person or entity not a Party to this Agreement may enforce the terms and provisions of this Agreement. 3.10 Contingencies. 3.10.1. Should the Strander proj ect not go forward or should the property described in Exhibit "B" not be needed by the City, the easement granted by the City for parking purposes on Exhibit "C" will become a permanent easement. Page 6 0[9 G:\City Attomey\PETER\Planning\Tukwila Station DA 7-l3.doc 3.10.2. This Agreement will terminate if development of the project described herein is not commenced within 180 days of the effective date of this Agreement. Commencement shall be defined as receiving the required foundation inspection, including. approval therefore by the City. 3.11 Entire Agreement. Counterparts. and Exhibits. This Agreement may be executed in duplicate counterparts, each of which is deemed to be an original. The entire Agreement consists of eight (8) pages, one (1) notary acknowledgement page, and five (5) Exhibits, which constitutes in full the final and exclusive understanding and agreement of the Parties and supersedes all negotiations and previous agreements between the Parties with respect to all or any part of the subject matter hereof. All waivers of the provisions of this Agreement shall be in vlriting and signed by the appropriate authorities of Fountain Park and the City of Tukwila. 3.12 Authority. The Parties each represent and warrant that they have full power and actual authority to enter into this Agreement and to carry out all actions required of them by this Agreement. All persons are executing this Agreement in their representative capacities and represent and warrant that they have full power and authority to bind their respective organizations. 3.13 Recording. Fountain Park shall record an executed copy ofthis Agreement with the King County Auditor, pursuant to RCW 36.70B.190, no later than fourteen (14) days after the Effective Date. 3.14 Existing Easements. No easement, in existence prior to this Agreement, on the properties subject to this Agreement, shall be affected by this Agreement. 3.15 Legal Representation. In entering into this Agreement, Fountain Park represents that it has been advised to seek le$al advice and counsel from its attorney concerning the legal consequences of this Agreement; that it has carefully read the foregoing Agreement and knows the contents thereof, ~d signs the same of its own free act; and that it fully understands and voluntarily accepts the terms and conditions ofthis Agreement. 3.16 Minor Modifications. Minor modifications from the approved development or the exhibits attached hereto may be approved by the City's Department of Community Development Director in accordance with the provisions of the City's code and shall not require an amendment to this Agreement. IN VIITNESS WHEREOF, this Agreement has been entered into by and between Pacific Commercial Properties and the City of Tukwila as of the day and year first above written. CITY OF TUKWILA . ~U".c IV,> .""C'&C~t- By. , Steve Mullet, Mayor Page 7 of9 G:\City Attomey\PETER\Planning\Tukwila Station DA 7- J 3.doc 3:\City Attomey\PETER\Planning\Tukwila Slation DA 7-13.doc Approved as to Form: ..-,~:~ ~. .? ./ ~.....;:.:.:-;: ~~ ~~c..."c:. Shelley Kerslake, City Attorney Page 8 0[9 STATE OF WASHINGTON ss: COUNTY OF KING y �C o d.�-c� Pr. 2006, before me personally appeared this 7 day of p y pp eared Hyun J. Um, the Member of Fountain Park LLC, a Washington limited liability company that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said company, for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute said instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. mmm a? NOTARY r' X1' PUBLIC,, ttttttttt OP vAskwo%' STATE OF W ETON ss: COUNTY OF KING On this '7 day of ,L- 1- t:.e�tiL 2006, before me personally appeared Steve Mullet, known to me to be the Mayor of the City of Tukwila, a Washington municipal corporation that executed the within and foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of the City of Tukwila for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute said instrument. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. �CII i s I +1� 'ce t ,fi Plitt/ 55 e ft G Ci f Ai ?Ayi so 1111 O II I E�1l� G: \City Attorney \PETER\Planning \Tukwila Station DA 7- 13.doc Printed Name: K V ce- r NOTARY PUBLIC in and for the State of Washington Residing at: «/-1 4 My commission expires: 8%. o s }LC- C. ted Name: Jf11 F EZV1(/IS JM1 TVI NOTARY PUBLIC in and for the State of Washington Residing at: i'% i-x .w 1 ,_,4 ALZ- My commission expires: f 0 Page 9 of 9 Proposed Property Exhibit Fountain Park LL Properties Inc PROPOSED LEGAL DESCRIPTIOAI. CITY OF TUKWILA TO FOUNTAIN PA,PK" [.LC. PROPERTIES, II C. N 01 c t LOT 1 OF CITY OF TUKWILA SHORT PLAT NO. L98-0007. AS FILED UNDER KING COUNTY RECORDING NUMBER 9803 RECORDS OF COUNTY, WASHINGTON: EXCEPT THE EAST 100.00 FEET THEREOF. CONTAINING AN AREA OF 36590 SQUARE FEET MORE OR LESS. SCALE' 1"7.200'.. PROPOSED PROPERTY EXHIBIT Fountain Park LLC TO CITY OF TU WILA A ny BUILT c TRACKS N. I NNF HENRY A: 'MEA DER 0..C: '461, S. W. S O, 158T1-1 ST ,57 43' 57' 43' i LQNG WAY -MONUMEN TED r 50. 1 58TH ST EXTENDED •1 AS BUILT TRACKS AREA TO .8E DEEDED FROM 1_, F'f�1 NTAIN .z O CITY TUKMILA ff 03.525 S.F_ a Z roo.o0' p i r l «l l 501 PREPARED BY: EA STSIDE CONSULTANTS. INC. 5 RAINIER BLVD, N. ISSA0UAH, WA. 98027 PH: 4 257.392- 5.;51- PROPOSED LEGAL DESCRIPTION FOUNTA /A/ PA ,K L L C TO CITY OF T UKWI LA •THE EAST,100.00 FEET OF LOT 2 OF CITY OF TUKWILA SHORT .PLAT NO. L98 -0007 AS FILED UNDER KING COUNTY RECORDING NUMBER 9803129013, RECORDS OF.KING COUNTY, WASHINGTON. TOGETHER. WITH THE EAST 100.00 OFTHE FOLLOWING DESCR /BED PARCEL: THAT PORTION OF THE HENRY HEADER- DONATION _ NO 46 AND OF SECTION 24,,TOWNSHJP,23 NORTH, RANGE 4 EAST, WM.,. IN KING COUNTY, WASHINGTON; LY!NG WEST OF THE BURLINGTON NORTHERN RAILROAD RIGHT-OF-WAY, EAST OF THE UNION PACIFIC RAILROAD 'RIGHT -OF -WAY, AND SOUTH OF A. LINE 137 FEET SOUTH OF THE -NORTH LINE OF SAID DONATION CLAIM AND NORTH OF:THE CENTERLINE OF- WAY.. CONTAINING AN AREA OF,703,525 SQUARE FEET MORE OR LESS. 0 100- 200 41111allant SCALE I 1 IZI 40 ZL PROPOSED EASEMENT DESCRIPTION CITY OF TUKWILA TO FOUNTA/N PARW LLL "as- 1 0 •A F,.. 1 1A \GO .10 5 -F. 1. (.C3 1 s• 11.• 1 1 y ea 1 1 1,.• v. V... 1 57 43 414 1 1.....r Y.• 12 .1 •I •i fill z.z t C4 i '....71 iI t•-: Ira; IL :1: 1 I 1 `k Ct. 1 1 'AS BUILT i TRACKSJ I I Or 2 .CC LI 11 71: t) I 1 I ;PROPOSED 30' j i EASEMENT 1.1 I l g 1 57'143 40 ligr4 '‚4 4 go op a lt 4 I CC loo,ocri A .E1 7o.a 1 IZ -a 8 at z I I at 50i lk LON -MONUMENIED 1 SO. 158TH ST EXTENDED 1 Exhibit C AS BUILT TRiticxs I I I CC N. LINE HENRY A. MEADE? D.C. 45 ffoTtrLor 8 re SEC. 24, T.2.3N., R.4E., W.M. 14# 41,.2 11211 Ai LAiS MAY 22 2007 PREPARED BY: EASTSIDE CONSULTANTS. INC. 415 RAINIER BLVD. N. ISSAQUAH, WA. 98027 PH: C4251392-5351 PROPOSED EASEMENT DESCRIPTION CITY OF TUKWILA TO FOUNTAIN PA, X L L G THE WEST 30 FEET OF THE EAST 100,00 FEET OF LO TS 1 AND 2 OF CITY OF TUKWILA SHORT PLAT NO. L98 -0007 AS FILED UNDER KING COUNTY RECORDING NUMBER 9803129013, RECORDS OF KING COUNTY, WASHINGTON. TOGETHER WITH THE WEST 30 FEET OF THE EAST 100.00 FEET OF THE FOLLOWING DESCRIBED PARCEL THAT PORTION QF THE HENRY MEADER DONATION: CLAIM NO 4B AND OF SECTION 24, TOWNSHIP 23 NORTH, RANGE 4 EAST, W.M.,- IN KING' COUNTY; WASHINGTON, -LYING WEST OF THE BURLINGTON NORTHERN RAILROAD RIGHT -OF -WAY, EAST OFTHE UNION PACIFIC RAILROAD RIGHT OF -WAY, AND SOUTH OFA LINE 137 FEET SOUTH OF THE NORTH LINE QFSAID DONATION. CLAIM AND NORTH OF THE CENTERLINE OF LONGACRES WAY. EXPIRES MAY 22 2007 PROPOSED PROPERTY EXHIBIT AREA TO BE ABANDONED BY UNION PACIFIC RAILROAD AND ACQUIRED BY FQUNT•4 /N PAR/. LLG b a s t4 l oft s P'; .a. PROPOSED AREA TO BE ABANDONED BY UNION PACIFIC RAILROAD AND ACQUIRED BY FOUNrAI N 51 (59,180 S.F. Q 42 MENR A., M ;AAO O 0.C. 46 SEC. LINE GOVT R E, W.M. As BUiLT C TRACKS; 100 200 SCALE 1%.200' I-4 N Ifta r a IZI r 57' Aqi".:31582L 1 1 1 1 I I 14. TT- 1;2 EXIST. 100' p U.P.R/R RIGHT Zs V OF WAY E .1 a.. WI §I 50' sQ 1 EXPIRES MAY 22 2005 LONGAcRE WAY Exhibit D AS BUILT t. TRACKS PREPARED SY: EASTSIDE CONSULTANTS, INC. •MONUMENTED I 415 RAINIER BLVD. N. SO. 15877 -I ST ISSAQUAH, IW 98027 EXTENDED PM; 4253392 -5351 PROPOSED LEGAL DESCRIPTION AREA TO BE ABANDONED BY UNION PACIFIC RAILROAD AND ACQUIRED BY F{JUNTA /N PA RI< L LG.. THE EAST 43.00 FEET OF .THE FOLLOWING DESCRIBED PARCEL: THAT PORTION OF. THE 100 FOOT WIDE UNION PACIFIC RAILROAD RIGHT OF WAY (A.KA CHICAGO MILWAUKEE ST. -PAUL AMD PACIFIC RAILROAD) LOCATED IN THE QUARTER OF SECTION 24, .TOWNSHIP 23 NORTH, EAST,W.M., IN COUNTY, _WASHINGTON, WHICH LIES NORTHERLY OF THE CENTERLINE OF LONGACRES WAY AND SOUTHERLY OF PRIMARY STATE HIGHWAY NUMBER -1. (INTERSTATE 405). CONTAINING -AN AREA OF 59,180 SQUARE FEET MORE OR LESS. yZ((1Io AS BUILT C TACKS r 1� O 100• 200• lv It SCALE 1" =200' C3 W •Q >c PROPOSED PROPERTY EXHIBIT DU�/ �K LL G COMBINED PARCEL ia. .J t 0. r •E r® o ors r� v I� z y I 0. SO. 158TH ST L Fx t F. WAY I 1 1 I 1 1 Z x 0 AS BUILT C TEACKS CONSTRUCTION STORAGE STAGING AREA' .t 0 0 0 ,001 NOON 011■001. CON,POSIIESTIE OUVA314 .SVI T/1014■1 IFIEti: T07 SNOILVA313 Ori6A 1101i13.1X3 tEnc. ML wrazia .7;1 di C :r4f;rt, I:E -2 r:. 2,1 r-r, 5.7. F: 8— 8— 8—, s GI 8-- 8-- CF WRZLII aa la-Tog ri3 M, T N N-e e til 7::......,....,..,.. ola at aro PO