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Record No: CB 119610    Version: 1 Council Bill No: CB 119610
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 9/16/2019
Ordinance No: Ord 125925
Title: AN ORDINANCE vacating a portion of Armory Way as condemned by Ordinance 67125, lying between Western Avenue and Elliott Avenue and vacated Pine Street and Virginia Street, adjacent to the PC-1 North Site within the Pike Place Market Historical District, on the petition of the Pike Place Market Preservation and Development Authority (Clerk File 313716).
Sponsors: Mike O'Brien
Attachments: 1. Att A - Property Use and Development Agreement
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att A – Armory Way Vacation Map, 3. Presentation, 4. Signed Ordinance 125925, 5. Affidavit of Publication
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE vacating a portion of Armory Way as condemned by Ordinance 67125, lying between Western Avenue and Elliott Avenue and vacated Pine Street and Virginia Street, adjacent to the PC-1 North Site within the Pike Place Market Historical District, on the petition of the Pike Place Market Preservation and Development Authority (Clerk File 313716).
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WHEREAS, the Pike Place Market Preservation and Development Authority ("Petitioner") filed a petition under Clerk File 313716 to vacate a portion of Armory Way; and
WHEREAS, after an August 12, 2014 public hearing on the petition, the City Council ("City Council") conditionally granted the petition on September 2, 2014; and
WHEREAS, a Property Use and Development Agreement recorded on September 14, 2018, with the King County Recorder's Office under Recording No. 20180914000075 commits the Petitioner and their successors to maintain ongoing public benefit obligations required by the vacation; and
WHEREAS, the City Council's support of the Pike Place Market Waterfront Entrance Project ("Project") at the PC-1 North Site as established in Resolution 31399 and Ordinance 124122 and other agreements outlined obligations of the parties including executing a Memorandum of Understanding ("MOU") concerning redevelopment of the PC-1 North Site; and
WHEREAS, the MOU authorizes distributing bond funds and conveying real property for developing a mixed-use project with public parking, low-income housing, public open space, retail and commercial space; and
WHEREAS, because the MOA and other agreements describe development-related obligations and did not require paying a vacation fee, the City Council waives the vacation fee required by Section 15.62.090 of the Seattle Municipal Code; and
WHEREAS, the Petitioner has met all conditions imposed by the City Council in connection with the vacation petition; and
WHEREAS, vacating this portion of Ar...

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