SEATTLE CITY COUNCIL - Record No: CB 120340

• Record No: CB 120340
• Version: 1
• Council Bill No: CB 120340
• Type: Ordinance (Ord)
• Status: Passed
• Current Controlling Legislative Body: City Clerk
• On agenda: 6/28/2022
• Ordinance No: Ord 126609
• Title: AN ORDINANCE relating to the Department of Finance and Administrative Services; authorizing the Director of the Department of Finance and Administrative Services or the Director's designee to negotiate and execute a real property lease with the Washington State Department of Transportation on behalf of the Seattle Department of Transportation; and ratifying and confirming certain prior acts.
• Sponsors: Teresa Mosqueda
• Supporting documents: 1. Summary and Fiscal Note, 2. Summary Ex A - WSDOT Royal Brougham Occupied by SDOT, 3. Presentation, 4. Central Staff Memo, 5. Signed Ordinance 126609, 6. Affidavit of Publication

Date	Ver.	Action By	Action	Result
7/5/2022	1	City Clerk	attested by City Clerk
7/5/2022	1	Mayor	returned
7/5/2022	1	Mayor	Signed
6/30/2022	1	City Clerk	submitted for Mayor's signature
6/28/2022	1	City Council	passed	Pass
6/15/2022	1	Finance and Housing Committee	pass	Pass
6/14/2022	1	City Council	referred
6/3/2022	1	Council President's Office	sent for review
6/1/2022	1	City Clerk	sent for review
5/31/2022	1	Mayor	Mayor's leg transmitted to Council

CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the Department of Finance and Administrative Services; authorizing the Director of the Department of Finance and Administrative Services or the Director's designee to negotiate and execute a real property lease with the Washington State Department of Transportation on behalf of the Seattle Department of Transportation; and ratifying and confirming certain prior acts.
body
WHEREAS, the Washington State Department of Transportation (WSDOT) owns the premises located in the city of Seattle, King County and known to be a portion of the highway right of way of SR 5, Seattle Freeway: Plum Street to Jackson Street, hereafter referred to as the "Royal Brougham Property"; and
WHEREAS, the Royal Brougham Property consists of approximately 63,544 square feet, and a vertical limit of 22 feet 7 inches above the surface of the premises; and
WHEREAS, The City of Seattle ("City"), and specifically the Seattle Department of Transportation (SDOT), has been occupying and making improvements at the Royal Brougham Property since April 2017 for essential business needs and the preservation of public safety; and
WHEREAS, vacating this land would require relocating existing SDOT equipment storage, for which it is unlikely an alternate site could be located for the same cost; and
WHEREAS, SDOT engaged the Department of Finance and Administrative Services (FAS) to develop and execute a lease with WSDOT to formalize the agreement of the two parties; and
WHEREAS, WSDOT has agreed to lease the property to the City for a six-year lease term with two five-year renewal options beginning April 1, 2017, and waive rent payments, in exchange for rehabilitation and construction work already performed by SDOT for the period April 1, 2017 thru December 31, 2020, with rent therefore commencing January 1, 2021; and
WHEREAS, the monthly lease rates beginning January 1, 2021 are $14,900 per month...