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Record No: CB 119070    Version: 1 Council Bill No: CB 119070
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 9/18/2017
Ordinance No: Ord 125406
Title: AN ORDINANCE relating to the redevelopment of certain City-owned real property across from the Seattle Center campus; authorizing the execution of a Restrictive Covenant, Easement and Circulation Agreement with 225 Roy LLC for the coordinated development of the parties' adjacent properties; authorizing the execution of a quitclaim deed to a portion of the City property to 225 Roy LLC in exchange for an easement providing that the property be used and maintained as publicly accessible open space, in perpetuity; and authorizing the Director of the Seattle Center Department to execute documents and take other actions in connection with this matter.
Sponsors: Debora Juarez
Attachments: 1. Att A - Restrictive Covenant, Easement, and Circulation V2, 2. Att B - Quit Claim Deed and Access Easement, 3. Mayor's Letter on Returning Bill Unsigned, 4. Att A - Restrictive Covenant, Easement, and Circulation V1
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att A – Map of Premises, 3. Briefing Memo, 4. Signed Ordinance 125406, 5. Affidavit of Publication
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE relating to the redevelopment of certain City-owned real property across from the Seattle Center campus; authorizing the execution of a Restrictive Covenant, Easement and Circulation Agreement with 225 Roy LLC for the coordinated development of the parties' adjacent properties; authorizing the execution of a quitclaim deed to a portion of the City property to 225 Roy LLC in exchange for an easement providing that the property be used and maintained as publicly accessible open space, in perpetuity; and authorizing the Director of the Seattle Center Department to execute documents and take other actions in connection with this matter.
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WHEREAS, The City of Seattle (City) is the fee owner of certain property located 222 Mercer Street (City Property), which property is currently under Seattle Center jurisdiction; and
WHEREAS, 225 Roy LLC (225 Roy) is the fee owner of certain property located at 225 Roy Street (225 Roy Property) which, together with the City Property, comprises an entire city block; and
WHEREAS, a portion of the City Property was conveyed to the City as a gift by the Kreielsheimer Foundation and when accepted pursuant to Ordinance 120106, such portion was encumbered by perpetual easements for utilities and access in favor of the 225 Roy Property; and
WHEREAS, 225 Roy has applied for a permit to construct a residential project with ground floor retail uses on the 225 Roy Property and in the future, the City intends to cause the City Property to be redeveloped for housing, including low-income housing; and
WHEREAS, the City and 225 Roy wish to coordinate the development of their respective properties by providing for, among other things, public circulation and open space, and in December 2016, the Seattle Center Director (Director) and 225 Roy executed a Term Sheet to guide that coordination effort; and
WHEREAS, since execution of the Term Sheet, the D...

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