SEATTLE CITY COUNCIL - Record No: CB 120660

• Record No: CB 120660
• Version: 1
• Council Bill No: CB 120660
• Type: Ordinance (Ord)
• Status: Passed
• Current Controlling Legislative Body: City Clerk
• On agenda: 9/26/2023
• Ordinance No: Ord 126903
• Title: AN ORDINANCE relating to the transfer of City real property for housing development; transferring properties collectively known as "Sites 5-11" to selected developers or their designees; authorizing the Director of the Office of Housing or the Director's designee to execute and deliver agreements for transfer of land, deeds, and related documents; and ratifying and confirming certain prior acts.
• Sponsors: Teresa Mosqueda
• Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att 1 - Maps of Property, 3. Signed Ordinance 126903, 4. Affidavit of Publication

Date	Ver.	Action By	Action	Result
10/2/2023	1	City Clerk	attested by City Clerk
10/2/2023	1	Mayor	returned
10/2/2023	1	Mayor	Signed
9/29/2023	1	City Clerk	submitted for Mayor's signature
9/26/2023	1	City Council	passed	Pass
9/20/2023	1	Finance and Housing Committee	pass	Pass
9/12/2023	1	City Council	referred
9/7/2023	1	Council President's Office	sent for review
8/23/2023	1	City Clerk	sent for review
8/23/2023	1	Mayor	Mayor's leg transmitted to Council

CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the transfer of City real property for housing development; transferring properties collectively known as "Sites 5-11" to selected developers or their designees; authorizing the Director of the Office of Housing or the Director's designee to execute and deliver agreements for transfer of land, deeds, and related documents; and ratifying and confirming certain prior acts.
body
WHEREAS, in Ordinance 126331, The City of Seattle ("City") authorized the Director to enter into an agreement and to accept the transfer of ten sites of real property along Martin Luther King Jr. Way in Southeast Seattle from the Central Puget Sound Regional Transit Authority ("Sound Transit") for the purpose of developing permanently affordable home ownership for low-income households at or below 80 percent of the area median income; and
WHEREAS, as a condition of the property transfers, Sound Transit recorded covenants that require the properties be used for housing affordable to households with incomes at or below 80 percent area median income, in accordance with Revised Code of Washington (RCW) 81.112.350; and
WHEREAS, seven of the ten sites accepted from Sound Transit are proposed to be transferred for housing development to selected developers or their designees as laid out below, including the properties located at 4203 South Kenyon Street and 7908 Martin Luther King Jr. Way South ("Site 5"), 6740 Martin Luther King Jr. Way South ("Site 6"), 3601 Martin Luther King Jr. Way South ("Site 7"), 7860 Martin Luther King Jr. Way South ("Site 8"), 4865 Martin Luther King Jr. Way South and 3112 South Ferdinand Street ("Site 9"), 3201 South Ferdinand Street, a.k.a. 4912 Martin Luther King Jr. Way South ("Site 10"), and 5042 Martin Luther King Jr. Way South ("Site 11"), collectively known as "Sites 5-11"; and
WHEREAS, the Office of Housing released a Request for Proposals for Sites 8, 1...