CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE vacating the northern 273 feet of the alley in Block 93, D.T. Denny's First Addition to North Seattle in the block bounded by Mercer Street, Westlake Avenue North, Republican Street, and 9th Avenue North in the South Lake Union neighborhood of Seattle, on the petition of City Place VI, LLC (Clerk File 312425).
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WHEREAS, City Investors VI LLC ("Petitioner") filed a petition under Clerk File 312425 to vacate the northern 273 feet of the alley in Block 93, D.T. Denny's First Addition to North Seattle in the block bounded by Mercer Street, Westlake Avenue North, Republican Street, and 9th Avenue North in the South Lake Union neighborhood of Seattle; and
WHEREAS, following a December 11, 2012, public hearing on the petition, the Seattle City Council ("City Council") conditionally granted the petition; and
WHEREAS, on August 2, 2012, City Investors XX LLC transferred the land to City Place VI LLC and City Place VI LLC is now the current owner and Petitioner; and
WHEREAS, a Property Use and Development Agreement recorded with the King County Recorder's Office under Recording No. 20151028000967 commits the Petitioner and their successors to fulfill ongoing public-benefit obligations required as part of the vacation; and
WHEREAS, the Petitioner dedicated the alley segment accepted in Ordinance 124703 to provide a new alley access connecting Westlake Avenue North and Republican Street; 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 $881,000 that is the full appraised value of the property; and
WHEREAS, City Place VI LLC has met all conditions imposed by the City Council in connection with the vacation petition; and
WHEREAS, vacating the northern 273 feet of the alley in Block 93, D.T. Denny's First Addition to North Seattle in the block bounded by Mercer Street, Westlak...
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