SEATTLE CITY COUNCIL - Record No: CB 118598

• Record No: CB 118598
• Version: 1
• Council Bill No: CB 118433
• Type: Ordinance (Ord)
• Status: Passed
• Current Controlling Legislative Body: City Clerk
• On agenda: 11/30/2015
• Ordinance No: Ord 124941
• Title: AN ORDINANCE vacating a subterranean portion of the west side of 5th Avenue between Columbia Street and Marion Street, on the petition of Fifth & Columbia Investors, LLC (Clerk File 309447).
• Sponsors: Tom Rasmussen
• Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att A - 5th Avenue Subterranean Vacation Map, 3. Presentation, 4. Signed Ord 124941

Date	Ver.	Action By	Action	Result
12/4/2015	1	City Clerk	attested by City Clerk
12/4/2015	1	Mayor	Signed
12/4/2015	1	Mayor	returned
12/2/2015	1	City Clerk	submitted for Mayor's signature
11/30/2015	1	City Council	passed	Pass
11/24/2015	1	Transportation Committee
7/13/2015	1	City Council	referred
5/27/2015	1	Council President's Office	sent for review
5/26/2015	1	City Clerk	sent for review
5/26/2015	1	Mayor	Mayor's leg transmitted to Council

CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE vacating a subterranean portion of the west side of 5th Avenue between Columbia Street and Marion Street, on the petition of Fifth & Columbia Investors, LLC (Clerk File 309447).

body
WHEREAS, Fifth & Columbia Investors, LLC filed a petition under Clerk File 309447 to vacate a subterranean portion of the west side of 5th Avenue between Columbia Street and Marion Street; and
WHEREAS, following a December 2, 2008, public hearing on the petition, the Seattle City Council (City Council) conditionally granted the petition; and
WHEREAS, a Public Place Indemnity Agreement was completed and recorded with King County Recorder's Office under recording number 20080623001350; and
WHEREAS, as provided for in RCW 35.79.030 and Seattle Municipal Code Chapter 15.62, the Petitioner has paid the City a vacation fee of $99,000 that is the full appraised value of the subterranean property; and
WHEREAS, Fifth & Columbia Investors, LLC have met all conditions imposed by the City Council in connection with the vacation petition; and
WHEREAS, vacating a subterranean portion of the west side of 5th Avenue between Columbia Street and Marion Street is in the best interests of the public; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. The subterranean portion of the west side of 5th Avenue between Columbia Street and Marion Street described below is vacated:
A SUBTERRANEAN PORTION OF FIFTH AVENUE, SEATTLE, WASHINGTON, IN THE SOUTHWEST QUARTER OF SECTION 32, TOWNSHIP 25 NORTH, RANGE 4 EAST, W.M., ADJOINING LOTS 6, 7, AND A PORTION OF LOT 3 IN BLOCK 25 OF ADDITION TO THE TOWN OF SEATTLE, AS LAID OUT ON THE CLAIMS OF C.D. BOREN AND A.A. DENNY AND H.L. YESLER (COMMONLY KNOWN AS C.D. BOREN'S ADDITION TO THE CITY OF SEATTLE), AS PER PLAT RECORDED IN VOLUME 1 OF PLATS, PAGE 25, RECORDEDS OF KING COUNTY, AND LYING BELOW THE EXISTING SIDEWALK BE...