https://seattle.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4083560&GUID=3B712F8A-B164-46DD-9BE8-E0D7F1BEE13ELegistar15https://seattle.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=4083560&GUID=3B712F8A-B164-46DD-9BE8-E0D7F1BEE13E3B712F8A-B164-46DD-9BE8-E0D7F1BEE13E-2020-01-07-22-18-50Title: AN ORDINANCE relating to certain City-owned properties located in the South Lake Union neighborhood and declaring them as surplus to the City’s needs; removing the properties from the limited access highway purposes property designation previously assigned to them; authorizing sale of the properties for an aggregate selling price of $138,500,000, together with additional cash and non-cash consideration, including the purchaser’s covenant to develop affordable housing and to negotiate a lease with the Seattle Parks and Recreation Department for a recreational facility to be located upon a portion of one of the properties; authorizing the Mayor or designee to execute a Memorandum of Understanding for the sale of the property consistent with its terms; authorizing the Superintendent of the Parks and Recreation Department or designee to negotiate, execute, and deliver a lease of the recreational facility; authorizing the Director of the Seattle Department of Transportation or designee to negotiate, execute, and deliver all other documents necessary or appropriate to effect the foregoing Tue, 07 Jan 2020 22:18:50 GMT