Record No: CB 119561    Version: 1 Council Bill No: CB 119561
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 9/16/2019
Ordinance No: Ord 125924
Title: AN ORDINANCE vacating the alley in Block 1, Witt's Addition, on the petition of 2026 Madison Corner, LLC and LMC 2026 Madison Holdings, LLC (Clerk File 306083).
Sponsors: Mike O'Brien
Attachments: 1. Ex 1 - Property Use and Development Agreement
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att A – Block 1 Alley Vacation Map, 3. Presentation, 4. Signed Ordinance 125924, 5. Affidavit of Publication
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE vacating the alley in Block 1, Witt's Addition, on the petition of 2026 Madison Corner, LLC and LMC 2026 Madison Holdings, LLC (Clerk File 306083).
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WHEREAS, DEF, Inc. filed a petition under Clerk File 306083 to vacate the alley in Block 1, Witts Addition; and
WHEREAS, 2040 East Madison, LLC succeeded DEF, Inc. in interest; and
WHEREAS, 2026 East Madison, LLC; 2015 East Denny, LLC; DN Phase I Retail, LLC; and DN Phase I Townhomes, LLC succeeded 2040 East Madison, LLC in interest; and
WHEREAS, 2026 Madison Corner, LLC and LMC 2026 Madison Holdings, LLC are the successors in interest and the current petitioners ("Petitioners"); and
WHEREAS, following a March 12, 2004, public hearing on the petition, the Seattle City Council ("City Council") conditionally granted the petition on April 5, 2004; and
WHEREAS, the City Council granted an extension on February 18, 2009, and a second extension on May 22, 2013; and
WHEREAS, a Property Use and Development Agreement recorded on December 19, 2018, with the King County Recorder's Office under Recording No. 20181219000761 commits the Petitioners and their successors to fulfill ongoing public-benefit obligations required by the vacation; and
WHEREAS, as provided for in Revised Code of Washington (RCW) Section 35.79.030 and Seattle Municipal Code Chapter 15.62, on January 29, 2018, the Petitioners paid the City a vacation fee of $724,000, which is the full appraised value of the property; and
WHEREAS, the Petitioners have met all conditions imposed by the City Council in connection with the vacation petition; and
WHEREAS, vacating the alley in Block 1, Witt's Addition is in the public interest; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. The alley in Block 1, Witt's Addition, located in the Central Area neighborhood of Seattle and described below is vacated:
Alley in Block 1, Witt's Addition...

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