Loading...
HomeMy WebLinkAbout94-063 - McLeod Development Company - Burlington and Union Pacific Railroadduct,' 'rziA 69? REAL ESTATE PURCHASE AND SALE AGREEMENT This Agreement is made by and between Stuart McLeod, an individual ("Seller") and the City of Tukwila, Washington, an optional municipal code city and municipal corporation of the state of Washington ("Buyer") for purchase and sale of that certain real property situated in King County, Washington and described on Exhibit A and all rights appurtenant thereto, subject to those certain reservations described herein (the "Property"). 1. Purchase Price; Payment. The total purchase price for the Property is One Million Four Hundred Twenty Eight Thousand Seven Hundred Sixty Eight Dollars (US$1,428,768) which _amount shall be paid in cash upon closing. 2. Closing. 2.1 Time for Closing; Termination Date. This sale shall be closed in the office of Transnation Title Insurance Company in Seattle, Washington ("Closing Agent") on or before March 19, 1998 which shall be the termination date or later if mutually agreed by the parties. Buyer and Seller shall deposit in escrow with Closing Agent all instruments, documents and monies necessary to complete the sale in accordance with this Agreement. As used herein, "closing" or "date of closing" means the date on which all appropriate documents are recorded and proceeds of sale are available for disbursement to Seller. Funds held in reserve accounts pursuant to escrow instructions shall be deemed, for purposes of this definition, to be available for disbursement to Seller. 2.2 Prorations; Closing Costs. Taxes and assessments for the current year, rents, interest, prepaid premiums for insurance to be assigned to Buyer, if any, and utilities con- stituting liens shall be prorated as of the date of closing and that portion of such costs owing prior to the date of closing shall be paid by Seller. Buyer shall pay the premium for the title insurance policy in the amount allocable to standard coverage, the cost of conveyance tax stamps, assumption fees and charges, the costs of recording, if any, and the Closing Agent's escrow fee. 2.3 Possession. Buyer shall be entitled to possession upon closing. 3. Conveyance of Title. 3.1 General. On closing, Seller shall execute and deliver to Buyer a statutory warranty deed conveying and warranting good and marketable title to the Property, subject to the reservations set forth herein, subject to any prior encumbrance (including the rights of the vendor under any prior real estate contract) that Buyer is to assume or take subject to, the lien of real estate taxes and assessments for the current calendar year not yet due and payable, those defects or encumbrances identified on Exhibit B or in the following sentence (the "Permitted Exceptions"), and other encumbrances or defects approved by Buyer. Rights reserved in federal patents or state deeds; building or use restrictions general to the district; existing easements not inconsistent with the present use of the property; mineral, gas or oil reservations; and building, zoning, environ- F:\docs\29220\ 1\McLeodREPSA mental or historical preservation regulations will be permitted encumbrances or defects,not subject to disapproval by Buyer. Items of personal property, if any, will be conveyed by a bill of sale. 3.2 Reservation of Highway Marquee Easement. Seller shall reserve from its conveyance of the Property an easement upon a portion of the Property more fully described on Exhibit C hereto (the "Reserved Marquee Easement Area") to construct, operate, maintain, modify, improve and reconstruct an illuminated marquee -type sign, including the foundation thereof, together with all rights upon the Property within and outside of the Reserved Marquee Easement Area necessary or convenient for the construction of such highway marquee; all necessary or con- venient rights of access for utilities within a corridor or corridors each not exceeding twenty (20) feet in width; and all necessary or convenient rights of access for personnel and equipment to per- form construction, operation, maintenance, modification, improvement and reconstruction activities within a corridor or corridors each not exceeding twenty (20) feet in width. Grantor shall exercise all rights hereby reserved upon that portion of the Property outside the Reserved Marquee Easement Area in a manner that reduces, to the extent reasonable practicable, the interference with Grantee's permitted use of such area. Such reserved rights shall include all rights necessary for the Reserved Marquee Easement Area to be considered the same "premises" within the meaning of Tukwila Municipal Code Section 19.08.140 (the "Code") as Seller's Adjacent Property (as hereinafter defined) so that any sign constructed within the Reserve Marquee Easement Area relating to facilities constructed on Seller's Adjacent Property shall be considered an "on premises sign" within the meaning of the Code. Buyer hereby agrees that the Reserved Marquee Easement Area and Seller's Adjacent Property do constitute the same "premises" within the meaning of such Code Section and the marquee -type sign use described above does not constitute a non -conforming use of such Area under the Code. "Seller's Adjacent Property" means that real property Seller also owns property adjacent to the Property, more fully described on Exhibit D hereto. 3.3 Agreement for Road Access to Seller's Adjacent Property. Buyer hereby agrees that it will take all reasonable action necessary, consistent with the appropriate exercise of its regulatory powers, to provide direct access to Seller's Adjacent Property from the street (South 156`h St.) Buyer intends to construct on a portion of the Property. 3.4 Reserved Easements and Covenants Run with the Land. The easements hereby reserved from Seller's conveyance of the Property to Buyer shall be appurtenant to Seller's Adjacent Property and shall run with the land. The statutory warranty deed conveying the Property shall expressly set forth such reservations. 4. Title Insurance. As soon as reasonably possible after the date of this Agreement, Buyer will procure a preliminary commitment for title insurance with standard coverage issued by Transnation Title Insurance Company, with copies of all exceptions set forth therein. If Seller cannot remove any such exception that is not a Permitted Exception by the termination date or if removal would require payment of more than the cash proceeds available to Seller from this sale at closing, this Agreement shall terminate and be of no further force or effect, and the Deposit shall be refunded to Buyer; provided, however, that Buyer may elect to waive such disapproved excep- tion(s), which shall thereupon become Permitted Exceptions, and close on the remaining terms. Encumbrances to be discharged by Seller may be paid out of the purchase price at closing. As soon as available after closing, Buyer may procure a policy of title insurance pursuant to the preliminary F:\docs\29220\ 1\McLeodREPSA 2 commitment, dated as of the closing date and insuring Buyer in the amount of the purchase price against loss or damage by reason of defect in Buyer's title to the Property subject only to the printed exclusions and general exceptions appearing in the policy form; any Permitted Exceptions; the exceptions specified in the preliminary title report that Buyer has not disapproved of as provided herein; encumbrances in favor of Seller granted by Buyer to secure any portion of the purchase price; and real property taxes and assessments that are not delinquent. 5. Seller's Representations and Warranties. Seller represents and warrants to Buyer as of the date of closing that: 5.1 Seller, and the person signing on behalf of Seller, has full power and authority to execute this Agreement and perform Seller's obligations hereunder; and possession. 5.2 The Property is not subject to any leases, tenancies or rights of persons in 6. Buyer's Authority. Buyer represents and warrants to Seller that at the date of execution hereof and at the date of closing Buyer, and the person signing on behalf of Buyer, has full power and authority to execute this Agreement and to perform Buyer's obligations hereunder, and all necessary corporate action and to authorize this transaction has been taken. 7. Notices. All notices, waivers, elections, approvals and demands required or permitted to be given hereunder shall be in writing and shall be personally delivered or sent by United States certified mail, return receipt requested, to the addressee's mailing address set forth below. Either party hereto may, by proper notice to the other designate any other address for the giving of notice. Any notice shall be effective when personally delivered or, if mailed as provided herein, on the earlier of actual receipt or three (3) days after the date deposited in the mail. 8. General. Time is of the essence of this Agreement. This is the entire agreement of Buyer and Seller with respect to the matters covered hereby and supersedes all prior agreements between them, written or oral. This Agreement may be modified only in writing, signed by Buyer and Seller. Except as otherwise provided herein, any waivers hereunder must be in writing. No waiver of any right or remedy in the event of default hereunder shall constitute a waiver of such right or remedy in the event of any subsequent default. This Agreement shall be govemed by the laws of the state of Washington. This Agreement is for the benefit only of the parties hereto and shall inure to the benefit of and bind the heirs, personal representatives, successors and assigns of the parties hereto. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision hereof. In any suit, action or appeal there- from, to enforce this Agreement or any term or provision hereof, or to interpret this Agreement, the prevailing party shall be entitled to recover its costs incurred therein, including reasonable attor- neys' fees. 9. Commissions. Buyer represents and warrants to Seller that it has engaged no broker in connection with the negotiations leading to this Agreement, and Buyer shall indemnify Seller against and hold Seller harmless from any and all loss, damage, liability, cost or expense, including F:\docs\29220\1\McLeodREPSA 3 attorneys' fees, suffered or incurred by Seller arising out of or relating to any claim for real estate commission made by any real estate agent or broker engaged by Buyer. 10. Disclaimer. Seller has no actual knowledge of any defect in the Property. Seller makes no representations or warranties and shall not in any way be liable for or with respect to: (i) the condition of the property or any buildings, structures or improvements thereon or the suit- ability of the property for habitation or for buyer's intended use or for any use whatsoever; (ii) any applicable building, zoning or fire laws or regulations, or with respect to compliance therewith, or with respect to the existence of or compliance with any required permits, if any, of any govern- mental agency; (iii) the availability or existence of any water, sewer or utility rights; (iv) the avail- ability of water, sewer or other utilities; or (v) any water, sewer or other utility district. Buyer assumes the responsibility and risks of all defects and conditions, including such defects and conditions, if any, that cannot be observed by casual inspection. Buyer acknowledges that buyer will have the opportunity to inspect the property and will be relying entirely thereon and on any consultant buyer may retain. Buyer acknowledges that the property does not include any rights of access including, without limitation, any such rights from or across seller's adjacent property. 11. Exhibits. Exhibits A through D attached hereto are incorporated herein as if fully set forth. Signed in duplicate original this ) r day of hl t� _C ,;� , 1998. CITY OF TUKWILA ("BUYER"): By: Ii:,v (Ad). 6r Its: Address: 6 ; Qc C� STUART MCLEOD ("SELLER"): Address: 213 Lake 'treet South Kirkland, Washington 98033 F:\docs\29220\ t \McLeodREPSA 4 EXHIBITS A Legal Description of the Property B Permitted Exceptions C Legal Description of the Reserved Marquee Easement Area D Legal Description of the Seller's Adjacent Property STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) On this ) a4Lday of March, 1998, before me, a Notary Public in and for the State of Washington, personally appeared J& h r� i ' , (�;, J , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed this instru- ment, on oath stated that HE_ was authorized to execute the instrument, and acknowledged it as the r \ of the City of Tukwila to be the free and voluntary act and deed of said City foi'the uses and purposes mentioned in the instrument. IN WITNESS WHEREOF, I have hereur}to set my hand and official seal the day and year first above written. 1 j KA i+v �A,7� \ -J c t,4TAitj.; th J41.1,•011P • y" ;:"• 2 f ' JdL'O • • STATE OF WASHINGTON COUNTY OF KING On this 1 c.day of March, 1998, before me, a Notary Public in and for the State of Washington, personally appeared Stuart McLeod, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed this instrument and acknowledged it to be his free and voluntary act and deed for the uses and purposes mentioned in the instrument. ) ss. J ` CCt.t- (L. 11:0 ARY PUBLIC ' and for the S to of • Washington, residingat Ke t L(' F My appointment expires . _ 5 - CO Print Name Lfi-,[�.�`. ��Uy \��� g (;rc IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and year first above written. 1CAY . T ' : MDA _R} ••rn i . J Ad g � �' ~' 2 - =o, 10, F:\docsl29220\1WfcLeodREPSA l �G'` ttLct: 111Lw anL G N • TARY PU LIC 1 d for the"' Washington, residin tate of at Kett4- u My appointment expires 3- 5 -' E C% Print Name LIKa 5 EXHIBIT A Legal Description of the Property THAT PORTION OF THE HEREIN DESCRIBED MAIN TRACT LYING NORTHERLY OF THE FOLLOWING DESCRIBED LINE: COMMENCING AT THE SOUTHWEST CORNER OF SAID MAIN TRACT; THENCE NORTH 03°37'43" EAST ALONG THE WEST LINE OF SAID MAIN TRACT, ALSO KNOWN AS THE EAST LINE OF THE CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY 372.76 FEET TO THE POINT OF BEGINNING FOR SAID LINE; THENCE NORTH 43'22'34" EAST 318.60 FEET MORE OR LESS TO THE WEST LINE OF THE NORTHERN PACIFIC RAILWAY RIGHT-OF-WAY, AND THE TERMINUS OF SAID LINE. MAIN TRACT LEGAL DESCRIPTION: THAT PORTION OF GOVERNMENT LOT 8 IN SECTION 24, TOWNSHIP 23 NORTH, RANGE 4 EAST, W.M., AND THE HENRY MEADER D.C. NO. 46 IN SAID SECTION 24, DESCRIBED AS FOLLOWS: BEGINNING ON THE EAST LINE OF THE CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY 137 FEET SOUTH OF THE NORTH LINE OF SAID HENRY MEADER D.C. NO. 46; THENCE EASTERLY AND PARALLEL TO SAID NORTH LINE OF THE D.C. 285.54 FEET, MORE OR LESS, TO THE WEST LINE OF THE NORTHERN PACIFIC RAILWAY RIGHT-OF-WAY; THENCE NORTHERLY AND NORTHWESTERLY CURVING TO THE LEFT ALONG SAID WEST LINE OF THE RIGHT-OF-WAY 916 FEET, MORE OR LESS, TO THE SOUTHERLY LINE OF THE RENTON JUNCTION COUNTY ROAD NO. 1139 (SOUTH 153RD STREET); THENCE SOUTH 80°49'00" WEST ALONG SAID SOUTHERLY LINE OF COUNTY ROAD 80.7 FEET. MORE OR LESS, TO THE EASTERLY LINE OF SAID CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY; THENCE SOUTHERLY ALONG SAID LINE OF RIGHT-OF-WAY 881 FEET, MORE OR LESS, TO THE BEGINNING; TOGETHER WITH THAT PORTION OF VACATED SOUTH 153RD STREET ADJOINING, WHICH UPON VACATION ATTACHED TO SAID PROPERTY BY OPERATION OF LAW; EXCEPT PORTION THEREOF CONVEYED TO THE STATE OF WASHINGTON FOR PRIMARY STATE HIGHWAY NO. 1, JCT. SSH 2-M TO JCT. PSH NO. 2 IN RENTON, BY DEED RECORDED UNDER. RECORDING NO. 5507460; SITUATE IN THE CITY OF TUKWILA, COUNTY OF KING. STATE OF WASHINGTON. F:Wocs\29220\ I \McLcodREPSA EXHIBIT B Permitted Exceptions The following EXCEPTIONS listed on that certain subdivision guarantee issued by TRANSNATION TITLE INSURANCE COMPANY and dated February 5, 1998: 1, 2, 3, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16 F:\docs\29220\1\McLeodREPSA EXHIBIT C Legal Description — Reserved Marquee Easement Area THAT PORTION OF THE IORFI 4 DESCRIBED MAIN TRACT BEING DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHWEST CORNER OF SAID MAIN TRACT; THENCE NORTH 03'37'43" EAST ALONG THE WEST LINE OF SAID MAIN TRACT, ALSO KNOWN AS THE EAST LINE OF THE CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY 477.70 FEET TO A POINT OF CURVE TO THE LEFT; THENCE NORTHERLY ALONG SAID CURVE TO THE LEFT HAVING A RADIUS OF 3,773.49 FEET THROUGH A CENTRAL ANGLE OF 02844'10" AN ARC LENGTH OF 180.19 FEET; THENCE NORTH 16.01'53" EAST 181.60 FEET TO THE TRUE POINT OF BEGINNING FOR SAID EASEMENT; THENCE NORTH 10'36'1S" WEST 37.00 FEET; THENCE NORTH.66'23'08" EAST 8.00 FEET; THENCE SOUTH 36'17'30" EAST 37.00 FEET; THENCE SOUTH 667.3'08" WEST 24.24 FEET TO THE TRUE POINT OF BEGINNING. -MAIN TRACT LEGAL DESCRIPTION THAT PORTION OF GOVERNMENT LOT 8 N SECTION 24, TOWNSHIP 23 NORTH, RANGE 4 EAST, W.M., AND THE HENRY MEADER D.C. NO. 46 IN SAID SECTION 24, DESCRIBED AS FOLLOWS: BEGINNING ON THE EAST LINE OF THE CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY 137 FEET SOUTH OF THE NORTH LINE OF SAID HENRY MEADER D.C. NO. 46; THENCE EASTERLY AND PARALLEL TO SAID NORTH LINE OF THE D.C. 285.54 FEET, MORE OR LESS, TO THE WEST I.TNE OF THE NORTHERN PACIFIC RAILWAY RIGHT -0F -WAY; THENCE NORTHERLY AND NORTHWESTERLY CURVING TO THE LEFT ALONG SAID WEST LINE OF. THE RIGHT-OF-WAY 916 FEET, MORE OR LESS, TO THE SOUTHERLY LINE OF THE RENTON JUNCTION COUNTY ROAD NO. 1139 (SOUTH 153RD STREET); THENCE SOUTH 80'49'00" WEST ALONG SAID SOUTHERLY LINE OF COUNTY ROAD 80.7 FEET, MORE OR LESS, TO THE EASTERLY LINE OF SAID CHICAGO MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY; THENCE SOUTHERLY ALONG SAID LINE OF RIGHT-OF-WAY 881 FEET, MORE OR LESS, TO THE BEGINNING; TOGETHER WITH THAT PORTION OF VACATED SOUTH 153RD STREET ADJOINING, WHICH UPON VACATION ATTACHED TO SAID PROPERTY BY OPERATION OF LAW; EXCEPT PORTION THEREOF CONVEYED TO THE STATE OF WASHINGTON FOR PRIMARY STATE HIGHWAY NO. 1, JCS'. SSH 2-M TO JCT. PSH NO. 2 IN RENTON. BY DEED RECORDED UNDER RECORDING NO. 5507460; SITUATE N THE CITY OF TUK ' A COUNTY OF KING, STATE OF WASHINGTON. F:ldocs\29220111McLeodREPSA • • • • EXHIBIT D Legal Description — Seller's Adjacent Property THAT PORTION OF THE HEREIN DESCRIBED MAN TRACT LYING SOUTHERLY OF THE FOLLOWING DESCRIBED LINE: COMMENCING AT THE SOUTHWEST CORNER OF SAID MAIN TRACT; THENCE NORTH 03.37'43" EAST ALONG THE WEST LINE OF SAID MAIN TRACT, ALSO KNOWN AS THE EAST LINE OF THE CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY 372.76 FEET TO THE POINT OF BEGINNING FOR SAID LINE; THENCE NORTH 43°22'34" EAST 318.60 FEET MORE. OR T.FSS TO THF. WEST LINE OF THE NORTHERN PACIFIC RAILWAY RIGHT-OF-WAY, AND THE TERMINUS OF SAID LINE. MAIN TRACT LEGAL DESCRIPTION: THAT PORTION OF GOVERNMENT LOT 8 IN SECTION 24, TOWNSHIP 23 NORTH, RANGE 4 EAST, W.M., AND THE HENRY MEADER D.C. NO. 46 IN SAID SECTION 24, DESCRIBED AS FOLLOWS: BEGINNING ON THE EAST LINE OF THE CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY 137 FEET SOUTH OF THE NORTH LINE OF SAID HENRY MEADER D.C. NO. 46; THENCE EASTERLY AND PARALLEL TO SAID NORTH LINE OF THE D.C. 285.54 FEET, MORE OR LESS, TO THE WEST LINE OF THE NORTHERN PACIFIC RAILWAY RIGHT-OF-WAY; THENCE NORTHERLY AND NORTHWESTERLY CURVING TO THE LEFT ALONG SAID WEST LINE OF THE RIGHT-OF-WAY 916 FEET, MORE OR LESS, TO THE SOUTHERLY LINE OF THE RENTON JUNCTION COUNTY ROAD NO. 1139 (SMITH 153RD STREET); THENCE SOUTH 80°49'00" WEST ALONG SAID SOUTHERLY LINE OF COUNTY ROAD 80.7 FEET, MORE OR LESS, TO THE EASTERLY LINE OF SAID CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY RIGHT-OF-WAY; THENCE SOUTHERLY ALONG SAID LINE OF RIGHT-OF-WAY 881 FEET, MORE OR LESS, TO THE BEGINNING; TOGETHER WITH THAT PORTION OF VACATED SOUTH 153RD STREET ADJOINING, WHICH UPON VACATION ATTACHED TO SAID PROPERTY BY OPERATION OF LAW; EXCEPT PORTION THEREOF CONVEYED TO THE STATE OF WASHINGTON FOR PRIMARY STATE HIGHWAY NO. 1, ICT. SSH 2-M TO JCT. PSH NO. 2 IN RENTON, BY DEED RECORDED UNDER RECORDIN3 NO. 5507460; SITUATE IN THE CITY OF TUKWILA, COUNTY OF KING, STATE OF WASHINGTON. F:.docs\29220\ 1'.McLeodREPSA ZI 1.'19 t3 EXHIBIT D Legal Description — Seller's Adjacent Property PARCEL A: THAT PORTION OF THE HENRY MEADER DONATION CLAIM NO. 46, SECTIONS 24 AND 25, TOWNSHIP 23 NORTH, RANGE 4 EAST W.M., LYING WEST OF THE BURLINGTON NORTHERN RAILROAD RIGHT-OF-WAY AS RECORDED UNDER RECORDING NO. 453943, EAST OF THE UNION PACIFIC RAILROAD RIGHT -OF --WAY AS RECORDED UNDER RECORDING NOS. 453943, 661132 AND 8012300734, AND SOUTH OF A LINE 137 FEET SOUTH OF THE NORTH LINE OF SAID DONATION CLAIM AND NORTH OF THE CITY OF SEATTLE BOW LAKE PIPELINE RIGHT-OF-WAY, AS CONVEYED BY RECORDING NO. 4131067; TOGETHER WITH THAT PORTION OF THE HENRY MEADER DONATION CLAIM NO. 46 DESCRIBED ABOVE, BEGINNING ON THE 2M LINE OF PRIMARY STATE HIGHWAY NO. 1 GREEN RIVER INTERCHANGE AT HIGHWAY ENGINEERING STATION 2M 149+25.97 POINT OF TANGENCY "Y" 0+00; THENCE NORTH 87°07'32" EAST ALONG SAID "Y" LINE 418.74 FEET TO INTERSECTION WITH THE WESTERLY MARGIN OF PUGET SOUND POWER & LIGHT RIGHT-OF-WAY, AS CONVEYED BY DEED RECORDED UNDER RECORDING NO. 216890; THENCE SOUTHERLY ALONG THE WESTERLY RIGHT-OF-WAY MARGIN TO A POINT 20 FEET SOUTH OF, MEASURED AT RIGHT ANGLES TO THE EASTERLY PRODUCED LINE OF THE ABOVE-DESCRIBED "Y"; THENCE NORTH 87°08'04" EAST 100 FEET TO EASTERLY MARGIN OF PUGET SOUND POWER & LIGHT RIGHT-OF-WAY TO THE POINT OF BEGINNING; THENCE CONTINUING NORTH 87°08'04" EAST 124.74 FEET TO WESTERLY MARGIN OF SAID ABOVE MENTIONED UNION PACIFIC RAILROAD RIGHT-OF-WAY; THENCE NORTH 03°40'04" EAST ALONG THE WESTERLY RIGHT-OF-WAY MARGIN TO THE SOUTHERLY MARGIN OF LOT 1 OF THE CITY OF TUKWILA BOUNDARY LINE ADJUSTMENT NO. 81-36 SPE RECORDING NO. 8111090569; THENCE SOUTH 87°13'29" WEST 127.45 FEET; THENCE SOUTH 01°26'34" EAST TO THE POINT OF BEGINNING; SITUATE IN THE CITY OF TUKWILA, COUNTY OF KING, STATE OF WASHINGTON. PARCEL B: ALL THAT PORTION OF GOVERNMENT LOT 11 AND ALL THAT PORTION CF HENRY MEADER DONATION CLAIM NO. 46 IN THE NORTH 1/2 OF THE NORTHWEST 1/4 AND THAT PORTION CF THE SOUTHEAST 1/4 OF THE NORTHWEST 1/4 ALL SITUATED IN SECTION 25, TOWNSHIP 23 NORTH, RANGE 4 EAST W.M., BOUNDED AS FOLLOWS: ON THE WEST THE CHICAGO, MILWAUKEE AND ST. PAUL RAILWAY MAIN TRACK CENTERLINE AS LOCATED AND CONSTRUCTED, AS CONVEYED BY DEED RECORDED UNDER RECORDING NOS. 453941 AND 453943; ON THE EAST BY A LINE DRAWN PARALLEL WITH AND DISTANT 50 FEET WESTERLY MEASURED AT RIGHT ANGLES TC EURLINGTON NORTHERN RAILROAD COMPANY'S OLD MAIN LINE TRACK CENTERLINE AS NOW LOCATED AND CONSTRUCTED; Page 2 EXHIBIT D Legal Description — Seller's Adjacent Property ON THE SOUTH BY A LINE DRAWN PARALLEL WITH AND DISTANT 330 FEET SOUTHERLY AT RIGHT ANGLES TO THE SOUTH LINE OF SAID GOVERNMENT LOT 11; ON THE NORTH BY THE SOUTH MARGIN OF THE CITY OF SEATTLE'S 30 FOOT WIDE BOW LAKE PIPELINE RIGHT-OF-WAY, AS CONVEYED TO THE CITY OF SEATTLE, BY DEED RECORDED UNDER RECORDING NO. 4131067; EXCEPT THAT PORTION THEREOF, DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTH LINE OF SAID DONATION CLAIM AND THE EAST MARGIN OF THE CHICAGO, MILWAUKEE, ST. PAUL & PACIFIC RAILROAD RIGHT-OF-WAY; THENCE EASTERLY A DISTANCE OF 120 FEET ALONG SAID SOUTH LINE OF SAID DONATION CLAIM; THENCE NORTHEASTERLY MEASURED AT RIGHT ANGLES TO SAID SOUTH LINE A DISTANCE OF 80 FEET; THENCE WESTERLY PARALLEL WITH SAID SOUTH LINE TO SAID EASTERLY MARGIN OF SAID CHICAGO, MILWAUKEE, ST. PAUL & PACIFIC RAILROAD RIGHT-OF-WAY; THENCE SOUTHERLY ALONG SAID RAILROAD RIGHT-OF-WAY TO THE POINT OF BEGINNING; EXCEPT ALL COAL AND MINERALS AND THE RIGHT TO EXPLORE FOR AND MINE THE SAME, AS CONVEYED BY DEEDS RECORDED UNDER KING COUNTY RECORDING NO. 8404050908 AND 8404050909; SITUATE IN THE CITY OF TUKWILA, COUNTY OF KING, STATE OF WASHINGTON. Page 3 0 City of Tukwila 6300 Southcenter Blvd, #100 Tukwila, Washington 98188 Document Title(s) (or transactions contained therein): 1. Statutory Warranty Deed 2. 3. 4. C 7 3qCo j 87 el. F , Reference Number(s) of Documents assigned or released: (on Page of documents(s)) C fM taD Grantor(s) '1 t 7 1. Stuart McLeod 2. 3. 4. 5. Additional names on page of document. Grantees(s) • 1. City of Tukwila, an optional municipal code city and municipal corporation 2. 3. 4. 5. Additional names on page of document Legal description (abbreviated: i.e. lot, block, plat or section, township, range) Lot 1 of City of Tukwila Short Plat No. L98-0007 Additional legal is on page 3 of document Assessor's Property Tax Parcel/Account Number 242304-9034-02 Additional parcels are on page of document The Auditor/Recorder will rely on the information provided on the form. The staff will not read the document to verify the accuracy or completeness of the indexing information provided herein. Washington State County Auditor/Recorder's Indexing Form (Cover Sheet) or yr op ql Ca 00 Name 6300 Southcenter Blvd #100 Address Tukwila, Washington 98188 City, State, Zip City of Tukwila, a municipal corporation Assessor's Tax Parcel ID# Acct #242304-9034-02 Transnation STATUTORY WARRANTY DEED THE GRANTOR Stuart McLeod, as his separate estate, for and in consideration of TEN AND NO/100 DOLLARS AND OTHER VALUABLE CONSIDERATION, in hand paid, conveys and warrants to City of Tukwila, an optional municipal code city and municipal corporation, the following described real estate, situated in the County of King, State of Washington: See Legal Description attached hereto and marked Exhibit "A". SUBJECT TO: as attached hereto on Exhibit "B" and by this reference made a part hereof Dated: March 10, 199 Stuart i cLe►d STATE OF WASHINGTON } ss. COUNTY OF On this day personally appeared before me Stuart McLeod to me known to be the individual described in and who executed the within and foregoing instrument, and acknowledged that he signed the same as his free and voluntary act and deed, for the uses and purposes therein mentioned. / GIVEN under my hand and official seal this jday of 4,0,64 , 19 9�. gun ,,,,, ii. uisiy �..oin iqq Notary public ' an for the State of Washington, �� •� residing at Q 4, GALlO� ''. ,�e�` O:S*aµ i*** qJ-#•. My appointment expires: -)Z-q$ 40, Q M'g`r` SPRY 9�N:'t a NO ir— i 7 . puBUG m i 2: • ,'I.��OFWN°0", TRANSNATION TITLE INSURANCE COMPANY Tr .r oo 'A TA r) EXHIBIT "A" Lot 1 of City of Tukwila Short Plat No. L98-0007, according to the short plat recorded under King County Recording No. 9803129013 Situate in the City of Tukwila, County of King, State of Washington. Any unpaid assessments or assessments or charges by EASEMENT AND THE TERMS AND PURPOSE: AREA AFFECTED: RECORDING NO.: EASEMENT AND THE TERMS AND GRANTEE: PURPOSE: AREA AFFECTED: RECORDING NO.: EASEMENT AND THE TERMS GRANTEE: PURPOSE: AREA AFFECTED: RECORDING NO.: AND EXHIBIT "B" charges, and liability for further Drainage District No. 10. CONDITIONS THEREOF: Laying water pipe through Lots 10 and 8 in said Section 24, with the right of entry for purposes of inspecting and repairing the pipes The description contained therein is not sufficient to determine its exact location within the property herein described 337825 CONDITIONS THEREOF: Puget Sound Power & Light Company, a Washington corporation Electric transmission and distribution line The center line of which is described as follows: Beginning on the West line of the Northern Pacific Railway Company's Belt Line right-of-way, said point being approximately 550 feet West and 750 feet North of the Sotheast corner of said Government Lot 8; Thence South 46 degrees 50 minutes 30 seconds West 970 feet, more or less, to the Easterly margin of Puget Sound Electric right-of-way 3204316 CONDITIONS THEREOF: City of Tukwila Drain pipe, ditch and associated improvements Easterly portion of Parcel C as described therein 9404131436 Right to make necessary slopes for cuts or fills upon property herein described as granted to King County by deed recorded under Recording No. 2919485. Relinquishment of access to State Highway No. 1, and of light, view and air by deed to State of Washington recorded November 16, 1962 under Recording No. 5507460. Agreement imposed by instrument recorded on January 3, 1990, under Recording No. 9010310530. Covenants; conditions and restrictions regarding easement and parking on Boeing property to the east imposed by instrument recorded on January 23, 1996, under Recording No. 9601231152. AGREEMENT AND THE TERMS AND CONDITIONS THEREOF: RECORDED: RECORDING NO.: REGARDING: December 11, 1991 9112110767 Latecomers Agreement AGREEMENT AND THE TERMS AND CONDITIONS THEREOF: RECORDED: RECORDING NO.: REGARDING: April 13, 1994 9404131437 Developer's Agreement Any questions that may arise relative to the location of the Chicago, Milwaukee and St. Paul Roadway on the West, and the Burlington Northern Railroad Company's old main line track on the East referenced in the captioned legal description. ALL COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS, EASEMENTS, OR OTHER SERVITUDES, if any, disclosed by City of Tukwila Short Plat No. L98-0007, recorded under King County Recording No. 9803129013 RIGHTS OR BENEFITS, IF ANY, WHICH MAY BE DISCLOSED BY THE RECORDED DOCUMENT(S) ABOVE AFFECTING LAND OUTSIDE THE BOUNDARY DESCRIBED IN SCHEDULE A. kLf / ,2 gy/g 7 ADDENDUM NO. 2 TO MCLEOD DEVELOPER'S AGREEMENT CITY CONTRACT NO. 94-063 WHEREAS, the City of Tukwila entered into agreement No. 94-063 with the McLeod Development Company on March 28, 1994 for the purpose of setting forth the conditions and terms pertaining to the construction of an exhibition center on property located in the City of Tukwila; and WHEREAS, agreement No. 94-063 was subsequently amended by Addendum No. 1 which was entered into on March 4, 1996 in order to reflect additional considerations relative to the designation of the exhibition center site as a Limited City Enterprise Development Zone and provide further clarification to the terms of the original agreement; and WHEREAS, the McLeod Development Company was required by agreement No. 94-063 and Addendum No. 1 to construct drainage improvements on the exhibition center site as specified in Section 2.4 of Addendum No. 1 which will provide benefits to the entire drainage basin in the surrounding vicinity; and WHEREAS, Section 4. of agreement No. 94-063 would nullify the City's obligations to repay McLeod Development Company for the construction of the drainage improvements referenced above in the event that McLeod Development Company did not carry forth its plans to construct an exhibition center as originally intended or abandoned development of the site; and WHEREAS, the City Council does hereby find that the reimbursement of costs to the McLeod Development Company for the construction of these drainage improvements is warranted due to the benefit to public welfare and the overall benefit to all properties in the drainage basin, in any event, regardless of the extent of the development at the exhibition center site; NOW, THEREFORE, in consideration of the mutual benefits and conditions contained herein, this ADDENDUM, by and between the City of Tukwila, a municipal corporation of the State of Washington, hereinafter referred to as "City", and McLe�ad . Development Company, hereinafter referred to as "Owner", entered into this / 9�1� day of / _, , , , 1997, is as follows: Section 1. Repealer: Section 4. Entire Agreement, as contained in Addendum No. 1 to City of Tukwila Agreement No. 94-063, is hereby repealed in its entirety. Section 2. New Section: The following new section shall be inserted in City of Tukwila Agreement No. 94-063 as numbered and written below: 9. FINANCIAL OBLIGATIONS UPON TERMINATION In the event that this Agreement is terminated because the Owner does not develop the site as an exhibition center or the Owner abandons the development 2 entirely, as referenced in Section 4., the Owner shall be entitled to reimbursement for the design and construction of drainage improvements specified in Section 2.4; provided that such design and construction is completed in accordance with the terms and conditions of Section 2.4. Reimbursement shall be based on actual costs and shall be limited to a total cost of $300,000. Section 3. Entire Agreement: This Addendum, together with Addendum No. 1, are hereby incorporated in City Agreement No. 94-063, and together they shall represent the entire agreement and any modifications, revisions, additions, or deletions not contained in the incorporated form shall be null and void. CITY OF TUKWILA: ATTEST/AUTHENTICATED: &44-ete 7 ?7 e E. Cantu, City Clerk APPROVED AS TO FORM OFFICE OF THE CITY ATTORNEY: OWNER: By Stuart McLeod, ' ryg ent McLeod Develop ent Company 3 STATE OF WASHINGTON ss COUNTY OF KING I certify that there appeared before me persons that I know or have satisfactory evidence were JOHN W. RANTS and JANE CANTU, who signed this ADDENDUM No. 2, on oath stated that they are authorized to execute the instrument and acknowledged it as the Mayor and City Clerk of the City of Tukwila, to be the free and voluntary act of such party for the uses and purposes mentioned in this instrument. DATED:/, 199' l�Gf1 otary Public in and for the State of Washington, residing at. My C ission Expires 511 fro . Nevieh.t it. 1(.o�Y%otiRy �' tl/7/21 cr d1 �Z 4 STATE OF COUNTY OF ss I certify that there appeared before me a person that I know or have satisfactory evidence was STUART MCLEOD, who signed this ADDENDUM No. 2, on oath stated that they are authorized to execute the instrument and acknowledged it, as the President of McLeod Development Company, to be the free and voluntary act of such party for the uses and purposes mentioned in this instrument. , 19@rl Notary Publ�c i and for the State of Washington, residin_, 6I217/ My Commission Expires 2WI 5 I�a ADDENDUM NO. 1 TO MCLEOD DEVELOPER'S AGREEMENT CITY CONTRACT NO. 94-063 WHEREAS, the City of Tukwila entered into agreement No. 94-063 with McLeod Development Company on March 28, 1994 for the purpose of setting forth the conditions and terms pertaining to the construction of an exhibition center on property located in the City of Tukwila; and WHEREAS, subsequent to agreement No. 94-063 the City has adopted City of Tukwila Resolution No. 1342 which establishes a policy whereby such development projects may be granted consideration in the satisfaction of the conditions associated with such development in recognition of the public benefits derived from such projects; and WHEREAS, the City Council has determined that the McLeod Development Company proposal to construct an exhibition center at the site legally described in Exhibit A to Agreement No. 94-063 meets the criteria for public benefit as specified in Resolution No. 1342 and is qualified under the provisions of Resolution No. 1342 as a Limited City Enterprise Development Zone; and, WHEREAS, the City Council has affirmed the status and qualification of the McLeod Northwest Expo Center development for inclusion in the a Limited City Enterprise Development Zone under the policy direction of Resolution No. 1342 by adopting Resolution No. 1344 which is attached hereto as Exhibit D; NOW, THEREFORE, in consideration of the mutual benefits and conditions contained herein, this ADDENDUM, by and between the City of Tukwila, a municipal corporation of the State of Washington, hereinafter referred to as "City", and McLeod Development Company, hereinafter referred to as "Owner, entered into this — _ day of `'2440t -e4...,, 1996, is as follows: Section 1. Repealer: Sections 1.5, 1.7, 1.9, 1.10, 1.11, 1.12, and 2.4 as contained in City of Tukwila Agreement No. 94-063 are hereby deleted in their entirety. Section 2. New Sections: The following paragraphs shall be inserted in City of Tukwila Agreement No. 94-063 as they are numbered and written below: 1.5 Site Water Service The Owner recognizes the need to provide City water service to the Property. A 12 inch water line will be constructed providing a loop between the existing Seattle Water Department tap and the West Valley 12 inch water line. This water facility shall be constructed by the Owner and dedicated to the City pursuant to a City Standard Utility Extension Agreement. The water loop system shall mitigate the difference in pressures between the systems on West Valley and the Seattle Water system. Owner also agrees to provide asphalt overlay on South 158th Street from West Valley Highway to the exhibition center site (east of Union Pacific Railroad right-of-way). The City shall reimburse the Owner for construction costs of the new 12 inch water line in the amount of $113,500.00 and said reimbursement shall be made to the Owner within 30 days of the completion of construction. 1.7 Transportation Impacts - City of Tukwila The Owner acknowledges that the proposed development of the Property will create additional vehicle traffic in the City. The Owner agrees that the costs to construct transportation improvements to mitigate the impacts as identified in the SEPA document (reference City file No. EPIC -26-090) for the Northwest Exhibition Center development are as follows: a. Interurban Avenue/Grady/405 $185,000.00 b. West Valley/S. 156th Street $ 43,000.00 c. West Valley/S. 158th Street $ 47,000.00 d. West Valley/Strander Boulevard $ 30,000.00 e. West Valley/S. 180th Street $ 38,853.00 2 The Owner agrees to contribute $123,853.00 towards the costs such improvements with $85,000.00 of said funds being allocated to the Interurban Avenue/Grady/405 project listed as item (a.) above and $38,853.00 being allocated to the West Valley/S. 180th Street project listed as item (e.) above. The remaining costs to construct the improvements listed above as identified in the SEPA document (file No. EPIC -26-090) shall be borne by the City. Funds contributed by the Owner pursuant to this section shall be paid to the City prior to issuance of the Certificate of Occupancy for the exhibition center facilities and such funds shall be refunded to the Owner, with accrued interest, if the. improvements identified in items (a.) and (e.) above are not constructed within six (6) years of receipt of such funds. 1.9 Transportation Impacts - City of Renton The owner acknowledges that the development of the Property will create increases in City of Renton transportation needs due to additional vehicle traffic as identified in the SEPA document (file No. EPIC -26-090). The Owner agrees to contribute a sum not to exceed $187,122.00 for the construction of transportation improvements to mitigate its traffic impacts in Renton. These funds shall pay for either capacity or intersection improvements as follows: a. 180th Street - $162,729.00 b. Grady Way - $24,393.00 The transportation impact mitigation fees shall be used specifically for transportation improvements on the routes listed. One half of the fees due from Owner pursuant to this section shall be payable ninety (90) days after the start of construction activity associated with the building permit and, one half of the fees shall be payable at the time of issuance of the certificate of occupancy for exhibition center facilities. 3 1.10 South 158th Street Improvements to Public Standards The Owner acknowledges that the development of the property will create transportation, safety, and capacity needs on the South 158th Street access to the site. The Owner agrees to construct a sidewalk on South 158th Street from the existing sidewalk along the Embassy Suites site on the south side of South 158th Street to the exhibition center site (east of the Union Pacific Railroad right-of-way). These improvements shall be completed prior to the issuance of the Certificate of Occupancy for the exhibition center facilities. 1.11 Transportation Impacts - Pedestrian The approved plans for development of the Property for exhibition center facilities includes a parking area within those portions of the Puget Sound Power & Light (PSP&L) right-of-way north of a line approximately 250' ± south of the proposed centerline of the Strander Boulevard extension and south of I-405. The Owner acknowledges the City's intent to construct a 15 foot wide trail through those same portions of the PSP&L right-of-way on easements obtained by the City from PSP&L for trail construction. The Owner agrees that the construction of such parking shall not infringe on the City's trail easements nor unreasonably inhibit the flow of traffic using the trail once it is constructed. The City shall construct the trail at its own expense and in accordance with its own construction schedule. 1.12 Strander Boulevard Improvements The Owner acknowledges that the development of the Property will create transportation, safety, and capacity needs on the Strander Boulevard access to the site. The Owner agrees to extend Strander Boulevard as a private road from the eastern terminus of Strander Boulevard right-of-way to the western edge of the Property as described in Exhibit A. The Strander Boulevard access to the Property shall include an at -grade crossing of both the Puget Sound Power and Light (PSP&L) and Union Pacific Railroad (UPRR) right-of-ways. The road shall have two (2) eleven -foot (11') lanes, curb and six foot (6') sidewalk along the north side, and a three foot (3') shoulder along the south side. The at -grade crossing of the 4 UPRR right-of-way shall be installed by UPRR per their standards. The private street, sidewalk, necessary utilities, railroad crossing, and miscellaneous improvements at Strander Boulevard over the PSP&L and UPRR right-of-ways will be at Owner's sole expense. The Owner will design the private road, sidewalk, and utility extensions to applicable City standards except for that portion crossing the UPRR right-of-way. An executed agreement for the crossing of the UPRR right-of- way shall be provided to the City prior to issuance of the building permit for the exhibition center facilities. The City will obtain a deed or the Owner will obtain an easement for the PSP&L crossing. The Owner shall be responsible for the purchase of right-of-way from PSP&L. The Strander Boulevard access/utility easements or permits shall be considered a secondary access to the facility. 2.4 48 Inch Diameter Storm Drainage Outfall The City acknowledges the need for design and construction of 48 inch diameter storm drainage outfall line from the Nelsen - Longacres storm basin, beneath the Burlington Northern Railroad track, and connecting to a catch basin on the Boeing - Longacres project. To accomplish the installation of the 48 inch outfall and control structure, the City agrees to have the owner design and install the outfall to the western terminus of the 48 inch storm line on the Boeing - Longacres site. The City agrees to reimburse the Owner for actual costs of the design and construction of the above-mentioned storm drainage improvements in an amount not to exceed $300,000.00. Reimbursement shall be made within thirty (30) days after receipt of invoices showing the true and accurate costs of design and construction work completed by the Owner. Reimbursable costs shall include: a) easement costs for the portion of the storm drainage crossing the northern 4.7 acres of the Northwest Expo Center project site, calculated at 50% of the appraised land value for the area encompassed in the easement; b) construction of the box culvert and retaining barrier under the Union Pacific Railroad track and the biofiltration swale and 48 inch outfall line under the Burlington Northern Railroad track to the tie-in with the 48 inch line on the Boeing - Longacres site; c) design engineering 5 (10% of total costs); d) construction engineering (15% of total costs); e) general contractor fee (10% of total costs); and, f) other reasonable costs associated with the public storm drainage improvements. A permit to install the 48 inch culvert beneath the Burlington Northern Railroad will be prepared by the owner and obtained by the City. The City shall arrange for easements and access to work on the Boeing property. Section 3. Construction Work: All construction work performed by the owner under the terms of this agreement must be approved to the satisfaction of the City and in accordance to City -adopted standards. Likewise, the City shall not reimburse the owner for work the owner has performed until that construction has been approved and accepted by the City. Section 4. Entire Agreement: This Addendum together with City Agreement No. 94-063 as entered into on March 28, 1994 shall represent the entire agreement and any other modifications, revisions, additions, or deletions to said Agreement prior to this Addendum shall be null and void. CITY OF TUKWILA: OWNER: ATTEST/AUTHENTICATED: I p/ By J S v� od, President McLeod Devel. pment Company 5)/Jane E. Cantu, ty Clerk APPROVED AS TO FORM OFFICE OF THE CITY ATTORNEY: B 6 STATE OF WASHINGTON ss COUNTY OF KING I certify that there appeared before me persons that I know or have satisfactory evidence were JOHN W. RANTS and JANE CANTU, who signed this ADDENDUM No. 1, on oath stated that they are authorized to execute the instrument and acknowledged it as the Mayor and City Clerk of the City of Tukwila, to be the free and voluntary act of such party for the usesurposes mentioned in this ins ent. DATED: 0/y , 19f CC/>./9.) ZMW Notary Public in and for the S of Washington, residing at: My Commission Expires V i— .g`. 7 STATE OF .Lv11u 1 b7t_ ) ) COUNTY OF ) ss I certify that there appeared before me a person that I know or have satisfactory evidence was STUART MCLEOD, who signed this ADDENDUM No. 1, on oath stated that they are authorized to execute the instrument and acknowledged it, as the President of McLeod Development Company, to be the free and voluntary act of such party for the uses and purposes mentioned in this instrument. DATED Q,3 — /1 , 19% Ce4#4 111.7griblor, Notary Public in and for the State of Washington, residing at: My Commission Expires 12-- /(0 19 . 8 Washington Resolution No. /.3 (71/ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON APPROVING THE INCLUSION OF THE NORTHWEST EXPO CENTER IN THE LIMITED CITY ENTERPRISE DEVELOPMENT ZONE. WHEREAS, the City of Tukwila desires to provide incentives for the development or redevelopment of certain properties within the City of Tukwila jurisdictional boundaries in order to provide public benefits for its citizenry; and, WHEREAS, the City Council established the policy and process for review and inclusion of such development in City of Tukwila Resolution No. 1342; and, WHEREAS, McLeod Development Company's proposal to build an exhibition center in Tukwila, known as Northwest Expo Center, was reviewed and evaluated under the policy guidelines established in Resolution No. 1342; and, WHEREAS, the City finds that the Northwest Expo Center meets the requirements for inclusion in a Limited City Enterprise Development Zone in that it: a. Is consistent with the cities Comprehensive Plan; b. Provides complementary benefits which would facilitate business development such as hotels and restaurants, and develops vacant property; c. Provides economic enhancement since it is a public assembly facility which would provide n e w jobs and promote secondary business activities which would utilize hotels, restaurant and related businesses located in the City and the region; and, d. Would provide direct and measurable new revenues to the City which is supported by a determination of the Finance Director. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON DO HEREBY RESOLVE AS FOLLOWS: Section 1 The proposal by McLeod Development Company to build the Northwest Expo Center is hereby qualified for inclusion under Resolution No. 1342 in the Limited City Enterprise Development Zone and is entitled to receive considerations for City of Tukwila participation in the public infrastructure improvements required to construct this proposed development. Section 2. The specific terms and conditions for City participation in the public infrastructure improvements required to construct the Northwest Expo Center shall be set forth by Agreement between the City of Tukwila and McLeod Development Company subject to the approval of the Tukwila City Council. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a regular meeting thereof this >4) day of 7-n c , 1996. Pam Carter, Council President ATTEST/AUTHENTICATED: e E. Cantu, City Clerk APPROVED AS TO FORM: Office of the City Attorney Filed with the City Clerk: a? - ?- Passed by the City Council: 3— `i- 94 Resolution Number: /,..9 r • A _FILE##cI_-__3 S�DATE -� '� c�` l5� CITY TU/�P�y�� .0_ ,:„ .p. _ ;�s M,62O� I(WLA, WA 98188.8iViLFBLVD. p �,.:'4. '7'.t.' ,- DEVELOPER'S AGREEMENT 3 _ 2 g _ 4 THIS AGREEMENT is made grid entered into on , 4-, between the City of Tukwila, a Washington municipal corporation -r (hereinafter referred to as "City"). and McLeod Development rn Company (hereinafter referred to as "Owner"). r. a WITNESSETH WHEREAS Owner owns and/or leases certain real property in the City, which is legally described in Exhibit A, and; hereinafter referred to collectively as the "Property" and is generally located between Burlington Northern Railroad (''BNRR") and Union Pacific Railroad ("UFRR") tracks, from approximately 760 feet south of the proposed extension of the centerline of Stran.der Boulevard, then north to 1405; and consisting of the portion of the Puget Sound Power & Light ("PSP&L") right-of-way generally situated between 1405 and South 158th Street and the portion of the FSP&L right-of-way generally situated between the Embassy Suites parking lot and approximately 250 feet south of the proposed centerline of Strander Boulevard; and WHEREAS, Owner :made application to the City for SEPA Review, received a Mitigated Determination of Nonsignificance and Board of Architectural Review approval for Land Development and Building Construction Permit for an exhibition center on the Property (hereinafter referred to as "Northwest Expo Center''); and WHEREAS, the resulting change in potential use of the Property will create associated impacts and create certain benefits for the City and Region; and 1 WHEREAS, the development of the Property will necessitate extensions of City sewer and water lines; and WHEREAS, the development of the Property will require additional public storm drainage systems to accommodate development drainage and improve the existing drainage system serving this City storm drainage basin; and WHEREAS, the development of the Property will create a meed for vehicular access from West Valley Highway via Strander Boulevard and South 158th Street, and additional future public right-of-way; and WHEREAS. the development of the Property will create an increase of vehicular traffic on Tukwila and adjoining City of Renton .public right-of-way; Cr") .404' NOW, THEREFORE, in consideration of the mutual benefits and giveC7) conditions hereinafter contained, the parties hereto agree as follows: 1 RESPONSIBILITIES OF OWNER 1.1 SEPA Mitigation Regairements As a part of the development 6f the Northwest Expo Center ori the Property, the Owner agrees to provide the SEPA mitigation requirements through conditions of this Developer's Agreement or as shown on the final approved development plans. All construction shall meet City standards, other mitigation or SEPA issues required by the modified mitigated determination of non- significance dated October 1991. 1. Site Storm Drainage'System The Owner acknowledges that the proposed development will have an impact on the storm water facilities in the area of the Property. • The Owner acknowledges further that this Property will be benefitted from the installation of a 48 inch diameter outfall from the Nelsen-Longacres Drainage Basin ("Basin") which will be constructed through the embankment beneath the BNRR tracks and • provide a connection between the system shown on the Northwest Expo Center plans (KCM Nelsen-Longacres Drainage plan) and the line as shown on :sheet 1C1 of the Customer Service and Training Center Site Development, Southwest 16th Street Improvement, 48 inch Storm West of Southwest 16th Street, plans dated October 1992, on the Boeing property in the City of Renton. 1.3 Drainage Easements The Nelsen--Longacres Storm Drainage Basin shall drain to the 48 inch diameter BNRR under -crossing and through the Southwest 16th ti Street line to the P-1 interceptor channel. Drainage easements Cr) act connecting from South 158th Street to the westerly boundary of (Y) the BNRR railroad undercrossing, where the 48 inch diameter .d- outfall crosses beneath the BNRR, and further north to the I405 O ted- right-of-way from the BNRR under -crossing will be needed. The Owner shall dedicate an easement for drainage across the Property from South,l58th Street to the 48 inch outfall, to the BNRR undercrossing and an easement from the 48 inch outfall undercrossing north to 1405, as shown iriExhibit B. The Owner shall prepare an easement from BNRR, and the City shall obtain an easement from BNRR, for routing the 48 inch storm line - and casing beneath the BNRR. The City acknowledges that the dedication of the easements on Owner's property is for storm drainage and benefits the entire Basin drainage system. including Owner's property. The value of the Owner's easements shall be allowed as a credit to the assessments as levied against the Property in related LID Agreements. The credit amount shall be at one-half the appraised value of fee simple property within the dedicated easement. 1f :3 no LID is formed, the Owner shall be provided a Latecomer Payment Agreement. 1.4 Site Sewer Service Sewer to serve the Property will be constructed by the Owner at Owner's expense to meet City standards connecting into the City manhole on the southwest corner of Parcel 2 in Exhibit A. 1.5 Site Water Service The Owner recognizes the need to provide City water service to the Property. A 12 inch water line will be constructed providing a loop between the existing Seattle Water Department tap and the West Valley 12 inch water line. This water facility shall be . constructed at the Owner's expense and dedicated to the City Cr-) pursuant to a City Standard Utility Extension Agreement. The "Kt water loop system shall mitigate the difference in pressures Cr) between the systems. md- CZ) 0) 1.6 Water and Sewer Easements Water and sewer easements shall be provided by Owner along the western edge of the property northerly to the extension of South 158th Street (Longacres Access Easement) and westerly in the Longacres easement to the east end of the South 158th Street right-of-way. The Owner shall pay for easements for the extension of the water line and other utilities to serve Property across the PSP&L, the UPRR and City of Seattle CORP 44) right-of- ways. The City shall actively pursue the issuing of easement permits to install the City water line and other utilities following application by Owner. map - Exhibit C. See water and utility easement Owner acknowledges that the proposed development will have an impact on the water facilities in the area of • the Property. Owner acknowledges further that this Property will be benefitted 4 by connection to these water facilities which provide new service to the Property. �( 1.7 Transportation Impacts - City of Tukwila Owner acknowledges that the development of the Property. will create additional vehicle traffic in the City. The Owner agrees to contribute a sum riot to exceed $343.853.00 for the construction of transportation improvements to mitigate its traffic impacts. These moneys shall pay for off-site intersection improvements within 200 feet of the intersections, except 1.7 (a), as identified in the SEPA document and as follows: a. Interurban Avenue/Grady/405 $185,000.00 b. West Valley/S. 156th Street $ 43,000.00 C'*7 •ffer c. West Valley/S. 158th Street $ 47,000.00 (r3 d. West Valley/Strander Boulevard $ 30,000.00 •�- e. West Valley/S. 180th Street $ 38,853.00 O ei- One-half of these off-site traffic and road mitigation contributions will be paid to the City at the time of issuance of the Building Permit for the Northwest. Expo Center. The other half will be paid at the time of, and is a condition to issuance of the facility's Certificate of Occupancy. Amounts deposited, plus interest received by the City, shall be refunded to the Owner within six years of issuance of Building Permit if improvements to correct identified impacts are not constructed. i . 9 Transgvrt3tiori Impacts - City of Renton The Owner acknowledges that the development of the Property will Create increases in City of Renton transportation needs due to additional vehicle traffic identified in the SEPA document. The Owner agrees to contribute an additional sum not to exceed $187,122.00 for the construction of transportation improvements to mitigate its traffic impacts in Renton. These moneys shall f c O qxzt- pay for either capacity or intersection improvements as follows: a. 180th Street - $162,729.00 b. Grady Way - $ 24.393.00 The transportation impact mitigation fees shall be used specifically for transportation improvements on the routes listed. One-half of the off-site road mitigation contribution will be paid to the City of Renton at the time of issuance of the Building Permit for the Northwest Expo Center. The other half will be paid at the time of issuance of, and is a condition to, the facility's Certificate of Occupancy. If the City of Renton Valley after the issuance of the Occupancy and the calculation above, any difference shall circumstances shall Owner be increased. received by Renton Transportation Flan update occurs Building Permit or Certificate of of impacts is less than set forth be refunded to Owner. Under no the Renton mitigation contribution by the The total amount deposited plus interest for the South 180th Street Grady Way improvements .ix years of the issuance or both of shall be improvements or refunded to Owner the Building Permit, if both of the improvements are riot constructed. within either or 1.1.7 South 158th Street Improvements to Public Standard The Owner acknowledges that the development of the Property pursuant to the permits will create transportation safety and capacity needs on South 158th Street to serve the site. The Owner agrees to improve South 158th Street between West Valley Road and Nelsen Place as shown on plans for Street Improvement, South 158th Street (SR 181 to Nelsen Avenue) , October, 1986, provided by the City, excluding those improvements made by Embassy Suites. The $47,000.00 allocated in Item 1.7 shall be applied to and used for these improvements. if costs are more than the $47,000.00 allocated. Owner will pay the additional F;ts . The Owner also agrees to improve the Longacres Access easement from Nelsen Place to the Northwest Expo Center (whose beginning is the easterly boundary of the PSP&L) to City Street Standards. The Owner agrees to complete these South 158th Street road improvements prior to, and is a condition of the issuance of the facility's Certificate of Occupancy. • 1.11 Transportation Impacts - Pedestrian Owner acknowledges that the development of the Property will create increases in transportation meed for pedestrian traffic improvements. The Owner agrees to construct a 15 foot wide trail section, whose width may be adjusted at power pole locations, within the PSP&L right-of-way on a mutually agreed upon location. The limits of the trail section shall be in that PSP&L C''") way north of a lime approximately 250' south of the proposed centerline of the Strander Boulevard extension and south of I405 Cr') on which the Owner has previously obtained lease agreements. et O The Interurban Trail design on the PSP&L 15 foot right-of-way shall be accomplished by the City and plans and details furnished to the Owner as needed. The trail shall be built in accordance with designs furnished by the City or the City may charge the Owner for all construction expenses, '•including administrative costs and overhead, to bring the trail into conformity with City design. The construction of the interurban Trail shall occur with the construction of the parking areas to be constructed on the PSP&L right -of --way. Completion of the Interurban Trail shall occur prior to the issuance of, and is a condition of the Certificate of Occupancy. r 1.12 Strander Boulevard Improvement = to Public standards Owner acknowledges that the development of the Property will create transportation Boulevard to serve safety and capacity the site. The Owner needs on Strander agrees to improve Strander Boulevard between West. Valley Road and the FSP&.L right- of-way to City standards, excluding improvements made by Taco Bell. The $30,000.00 allocated in Item 1.7 (d) shall be applied to and used for these improvements: If costs are more than the $30,000.00 allocated, Owner will pay the additional costs. The Owner shall extend Strander Boulevard as a private road from the eastern terminus of Strander Boulevard right-of-way to the western edge of the Property as described in Exhibit A. Strander Boulevard access to the Property shall include an at -grade crossing of both the PSP&L and UPRR right-of-ways. The road will have 2 - eleven foot lanes with curb and 6 foot sidewalk on the north. 3 foot shoulder on the south, and an at -grade crossing as installed by UPRR. The private street, sidewalk, necessary utilities, railroad crossing, and miscellaneous improvements at Strander Boulevard over PSP&L and UPRR will be at Owner's sole exr)ense . The Owner will design the private road. sidewalk, and utilities extensions to applicable City standards. except on UPRR. property. An executed agreement for crossing the UPRR will h€; submitted to City prior to issuance of the Building Permit for the Northwest Expo Center. The City will obtain a Deed or Owner will obtain an easement for property crossing FSP&.L. The Owner shall be responsible for the purchase of right-of-way from FS'yL . The Strander Boulevard access/utilities easements or permits 1 considered secondarythe1 shall be cori.�i_der. a s co.ldar � access to facility. 1.13 Future ._ ;rander Boulevard Public Roadway Extension The Owner acknowledges the intent of the City to create a through street by extending Strander Boulevard to the western boundary of the City of Renton. A 60 foot right-of-way has been reserved for the public.: street. The Owner agrees not the protest the 8 extension of Strander Boulevard and further agrees to sell the reserved 60 foot right-of-way for $1.82 per square foot as a condition of a re -zone. Any purchase of right-of7ways which occur as a part of the private road access (Item 1.12) shall apply as a dollar -for - dollar credit to any future LID to extend Strander Boulevard. 1.14 Future Event Traffic Mitigation The Owner agrees • to work with the City on an on-going basis, as described in this section to mitigate through operating measures, any unanticipated traffic safety and capacity impacts resulting from special events at the Property. A Northwest Expo Center staff/advisor with Professional Traffic Engineering expertise will work with the City representing the Northwest Expo Center to evaluate problems, determine solutions, and facilitate solution implementation for regular re -occurring event related traffic in the vicinity of the Northwest Expo Center site. The work is to include necessary coordination with Metro, WSDOT, Tukwila Police, Washington State Patrol, Tukwila Fire Department, neighbors and access Center plans traffic others involved in that will provide particular traffic control and mitigation of Northwest Expo impacting safety and capacity of other vehicle and pedestrian traffic. Work and solutions may include pians and revisions to manual traffic control, special event signing. special event signal operations and implementation, the communication with effected or permitting agencies or neighbors and similar operational measures. This section, Section 1.14 does not authorize new fees for intersection work or construction. 1.15 Owner's Mitigation Obligations The payments, easements, work and all other obligations to be performed by Owner under this Agreement constitute.Owner's full 0 SEPA and other code mitigation requirements for the utilities, streets and other infrastructure covered in this'Agreement for development of the Property as the Northwest Expo Center. ?. RESPONSIBILITIES OF CITY 2.1 Benefited Area and Assessments - Facilities The City acknowledges water line extensions and storm drain easements and improvements, including regional detention/ biofiltration which will be constructed by Owner, will directly benefit other property in the Nelsen Place-Longacres Basin not owned by the Owner and which cannot be legally described until the extent of the improvements has been determined. Pursuant to RCW Chapter 35.91, or other applicable law, the Owner agrees to develop and the City agrees to approve and adopt, with any appropriate changes, a Latecomer's ,Agreement. The Latecomer's Agreement shall be designed to reimburse Owner for its costs on a pro rata basis and to assess any other owner or developer of real estate who will use the water and drainage improvements. The Cr) Agreement is to be drafted by the Owner, modified, if appropriate. and approved by the City at the time the facilities Q: are turned over to the City for City review and approval. The pro rata share for any one parcel of real estate contained within the benefited area shall be proposed by the Owner subject to approval by the City. The pro rata share for each parcel shall be shown on exhibits to be attached to the Latecomer's Agreement. The City agrees to pay Owner all sums collected, if any, pursuant to the Latecomer's Agreement within sixty (60 ) days after receipt thereof. Reasonable costs of administering the Agreements shall be charged to other properties. Payments shall be made until the total of said payments equals the cost of constructing the facility less Owner's pro rata share, or fifteen years from the date of the Latecomer's Agreement. whichever occurs first. 10 2.2 Nelsen Place Improvements The City shall fund the installation of curb & gutter, and adjust storm drainage and in -fill paving on the easterly street section of Nelsen Place between South 158th Street and South 156th Street. If the Owner installs the improvements pursuant to a City request, the City shall make payment within 30 days following completion of work. 2.3 Strander Boulevard - Union Pacific Railroad Undercrossing The City acknowledges the benefit to have a UPRR undercrossing project completed as a part of the larger effort to connect Strander Boulevard from West Valley Road to Southwest 27th Street in Renton. The City has selected the routing of Strander Boulevard extension Cr') by reserving a route across the Northwest Expo Center property. CD Q) The City can form LID's for roads and utilities servicing properties within the City, and the City agrees to form a Strander Boule' a rd--UFRR Undercrossing LID in either of the following circumstances: a. Termination by UPRR The City recognizes that the Strander Boulevard access to the Northwest Exhibition Facility is a private, at -grade railroad crossing which may be terminated by the UFRR. If the at -grade UPRR crossing agreement is terminated at any time after the Northwest Expo Center con=struction begins or has been completed. the City agrees to farm a Phase One Strander -:ulevard-UPRR Grade Separation LID. Phase One LID �L' shall be formed in a timely manner to construct a minimum 2 lane undercrossing. T}ie Owner agrees not to protest the formation of the LID. 11 b. Traffic Conflicts If in the operation of the Northwest Expo Center there appears to be safety, traffic, ingress/egress conflicts, or other impacts judged to be reasonable by the City, which might be better resolved with a Strander Boulevard-UPRR undercrossing, the Owner and City may mutually agree to form a Phase One LID, with a petition from Owner. "Phase One" LID means an undercrossing of UPRR of a two lane street with a minimum 13'-6" clearance. When forming any Phase One LID, the City will contribute to the LID a preliminary engineering design report, purchase of the right-of-ways, bridge and road design, specifications, estimates, permits, and a contribution not to exceed $300,000.00 towards construction cost. Construction cost occurring greater than the aforementioned contribution will be secured through the formation of the LID. The City agrees to work with the Owner or Owner's representative during the design and construction to minimize disruption and confirm that the interest of both parties are met as far as possible. The City will place the Strander Boulevard-UPRR project on its Six Year CIP, and a design report for the entire Strander Boulevard Extension will be programmed for 1996, subject to adoption by the City Council. The City shall begin the Strander Boulevard Extension Design Report prior to the the formation of any LID. Owner retains its rights under law to contest the amount of the assessment allocated to the Property but Owner expressly waives any rights to protest formation of the Phase Orie LID. There is presently, and will be needed in the future, an at -grade crossing of the UPRR for over -height vehicles to service the existing utilities between the BNRR and the UPRR as well as to allow access to the Northwest Expo Center for over -height loads. 12 • ti Cr.) �t- M O wet The City agrees to incorporate in the Strander Boulevard extension Design Report alternatives for a continuous at -grade crossing at a mutually agreeable location, as reviewed by UPRR, FSP&L, Metro, Olymic Pipeline, City and Northwest Expo Center. 2.4 48 Inch Diameter Storm Drainage Outfall The City acknowledges the need for design and construction of a 48 inch diameter storm drainage outfall line from the Nelsen Longacres storm basin, beneath the BNRR track, and connecting to a catch basin on the Boeing - Longacres project (Southwest 16th Street). To accomplish the installation of the 48 inch outfall and control structure, the City agrees to have the Northwest Expo Center design and install the outfall to the Boeing Project 48 inch terminus, as a part of the overall Northwest Expo Center Project, with a reimbursement for actual cost not to exceed $300,000.00 from the City within 30 days after the actual cost billing for design and construction is recieved by the City. A permit to install the 48 inch culvert beneath the BNRR will be prepared by the Owner and obtained by the City. The City shall arrange for easements and access to work on Boeing property. 3. NON -WAIVER - EXTENSIONS Failure of either party to insist on the strict performance of the terms of this Agreement shall not be construed as a waiver or relinquishment of that party's right thereafter to strictly enforce any such term, but the same shall continue in full force and effect. 4. BINDING EFFECT This Agreement shall be binding upon the parties, their respective heirs, legal representatives, assignees, transferees and successors. This Agreement runs with the land, but this Agreement shall terminate automatically if Owner does not develop 13 (or abandons development of) the Property as an exhibition center Owner shall be entitled to receive Latecomer payments as stated in Section 2. This Agreement may only be amended by written agreement of the parties. Each party warrants that it has the authority to enter this Agreement. RECORDING This Agreement shall be recorded with King County and cost of said recording dull be paid by the Owner. 6. ATTORNEY FEES In the event that either party shall commence litigation against the other in order to enforce any .term or condition of this Agreement, the prevailing party in such litigation shall be entitled to recover its costs, including reasonable attorney C fees. M 7, EFFECTIVE DATE .•01011- The responsibilities of the Owner under this Agreement are O contingent upon the issuance of the requested approvals for the Project. No obligation will arise until the issuance of such approvals -and Owner's decision to start construction of the Northwest Expo Center on the Property. If Owner elects to • proceed with any of the improvements set forth herein before the issuance of such approvals and after installation of the improvements elects to abandon its development then, and only. then will Owner and its successors and assigns be entitled to the benefits related to Latecomer's Agreements set forth in this Agreement, providedsuch improvements are approved and accepted _ by the City. c. COOPERATION The parties .grew t 0 mutually t � 1 t_La.ii� _:opera+. i� to implement this Agreement and each party shall take all reasonable actions C)wict mszl— O Necessary -to accomplish the purposes of this Agreement. By TE ATTEST/AU ENT .tTED: O le E. Cantu, City Clerk APPROVED AS TO FORM OFFICE OF THE CITY AT ORNEY: OWNEP Stuart McLeod, " esident McLeod Development Its By Its STATE OF WASHINGTON COUNTY. OF KING I certify that there appeared before me persons that I know or have satisfactory evidence were JOHN W. RANTS and JANE CANTU, who signed this DEVELOPER'S AGREEMENT, on oath stated that they are authorized to execute the instrument and acknowledged it as the Mayor and City Clerk of the City of Tukwila, to be the free and voluntary act of such party for the uses and purposes mentioned in this instrument. DATED: "Y. 2- 19/4 Notary Public in and for the State o. Washington, residing at C5» My Commission Expires 16 STATE OF WASHINGTON). COUNTY OF KING h� 1.,nuar.v On this i\ day of L� , 19Gt4 , before me, the undersigned, a Notary Public in and f* the State o4 Was ington, duly commissioned and sworn, personally appeared h ccw SS , to me known to be the President of McLeod Development, a Washington corporation that executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said corporation for the uses and purposes therein mentioned, and on oath stated that he is authorized to execute said instrument and that the seal affixed (if any) is the corporate seal of said corporation. WITNESS MY HAND AND OFFICIAL SEAL herety affthe and year in the certificate above-wri OFFICIAL NOTARY SEAL DONALD L MILS Notary Pudic STATE OF WASHINGTON My Commission Expires AUG 14,1995 17 NOTARY PUBLI in and for the State of Nashington, residing at -e..41WU e. My commission expires 14 YUc\ tSc EXHIBIT A Legal Descriptions Parcel 111 Tax Lot 242304-9034-02 4.70 Ac DESCRIPTION: That portion of Government Lot 8 in Section 24, T23N, R4E, WM, and the Henry Meader D.C. No. 46 in said Section 24, described as follows: Beginning on the east line of the Chicago Milwaukee and St. Paul Railway right-of-way 137 feet south of the north line of said Henry Meader D.C. No. 46; Thence easterly and parallel to said north line of the D.C. 285.54 feet, more or less, to the west line of the Northern Pacific Railway right-of-way; Thence northerly and northwesterly curving to the left along said west line of the right-of-way 916 feet, more or less, to the southerly line of the Renton Junction County Road No. 1139 (South 153rd Street); Thence south 80°49' west along said southerly line of County Road 80.7 feet, more or less, to the easterly line of said Chicago Milwaukee and St. Paul Railway right-of-way; Thence southerly along said line of right-of-way 881 feet, more or less, to the beginning; 18 Together with that portion of vacated South 153rd Street adjoining, which upon vacation attached to said property by operation of law; Except portion thereof conveyed to the State of Washington for Primary State Highway No. 1, Jct. SSH 2-M to Jct. PSH No. 2 in Renton, by deed recorded under Recording No. 55077460; Situated in the City of Tukwila, County of King, State of Washington. 19 Parcel #2 Tax Lot 000580-0013-03 9.60 Ac A permanent easement for access and utilities in the SW 1/4, Section 23 and the NW 1/4, Section 25, T23N, R4E, WM, in the City of Tukwila; Said easement described as the westerly 22 feet and the easterly 22 feet of the westerly 275 feet between the Seattle Water Department C.R.P.L. #4 and the access easement from South 158th Street, and the South 158th Street access easement of the parcel of land described as: That portion of Henry Meader Donation Claim No. 46 in Section 24 and 25, T23N, R4E, WM, lying west of the BNRR right-of-way, east of the Oregon -Washington Railroad and Navigation Company right-of- way and south of a line 137 feet south of the north line of said donation claim and north of the City of Seattle Bow Lake pipe line right-of-way; Situated in the City of Tukwila, County of King, State of Washington. 20 • Parcel 13 Tax Lot 000580-0021-03 DESCRIPTION: 9.15 Ac All that portion of Government Lot 11 and all that portion of Henry Meader Donation Claim No. 46 in the north 1/2 of the northwest 1/4 and that portion of the southeast 1/4 of the northwest 1/4 all situated in Section 25, T23N, R4E, WM, bounded as follows: On the west the Chicago, Milwaukee and St. Paul main track center line as located and constructed, as conveyed by deed recorded under Recording Nos. 453941 and 453943; Cr-) wick On the east by a line drawn parallel with and distant 50 feet Cr) westerly measured at right angles to BNRR Company's old main line md- C track center line as now located and constructed; gort- On the south by a line drawn parallel with and distant 330. feet southerly at right angles to the south line of said Government Lot 11; On the north by the south.margin of the City of Seattle, by deed recorded under Recording No. 4131067; Except that portion thereof, described as follows: Beginning at a point on the south line of said Donation Claim and the east margin of the Chicago, Milwaukee, St. Paul and Pacific Railroad right-of-way; 21 Thence easterly a distance of 120 feet along said south line of said donation claim; Thence northeasterly measured at right angles to said south line a distance of 80 feet; Thence westerly parallel with said south line to said easterly margin of said Chicago, Milwaukee, St. Paul and Pacific Railroad right-of-way; Thence southerly along said railroad right-of-way to the point of beginning; Except all coal and minerals and the right to explore for and ti Cr") mine the same, as conveyed by deeds recorded under King County Cr") Recording Nos. 8404050908 and 8404050909; CT) Situated in the City of Tukwila, County of King, State of Washington. .I 15' ESMT la 67. iM 6•1 01 O rr,;--�— I�YII "sem .�...•, M J 1'111 Li l iJ 4.1 4r TV 4d 4. G.i n+ 4. 114.4 u ,-.11.1,-.11 1•.7 hn•u•lee w le. d 01 ,i///iiia..://i/.i M!7-oa•CI• •q/i-iii. ry Mill!-Iy w .!Z • 1I?YI/!!4I! 4. VN w.y "%No .v_• .sI ') L ADDENDUM No. 1 Contract No. 94-063 McLeod Development Company - Developer's Agreement As evidenced by their signatures below and in keeping with Section 8. COOPERATION of the Agreement, the parties to Contract No. 94-063 do agree to modify Sections 1.7 and 1.9 of the aforementioned agreement such that all mitigation fees associated with these sections shall be payable as follows: 1) One half of the fees shall be payable at the start of construction activity associated with the building permit; and, 3) One half of the fees shall be payable at the time of issuance of the certificate of occupancy. No other terms of provisions of Contract No. 94-063 shall be affected by this Addendum and this Addendum shall in no way impinge or inhibit in any way, the enforcement of all provisions of the Contract as originally executed. McLeod Development Company City of Tukwila