CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the Department of Finance and Administrative Services; declaring a portion of Lot 31, Block 2, Kramer Heights Addition, Volume 13 of Plats, page 66, that is not needed for street purposes, as surplus to the City's needs; authorizing the sale of said northern 45 feet of the property to the owners of the adjoining property at fair market value; and authorizing the transfer of the southern 65 feet of the property to the owners of the adjoining property, with covenants on the property to benefit affordable housing; authorizing the Director of Finance and Administrative Services to execute all documents for the transfer of the properties; and directing how the proceeds from the sale shall be distributed.
body
WHEREAS, The City of Seattle ("City") was authorized by Ordinance 52108 to acquire property for the establishment of 38th Avenue South between South Alaska Street to South Angeline Street, with the unused portion of the property to be held in fee simple for General Municipal purposes; and
WHEREAS, the Department of Finance and Administrative Services (FAS) has determined that the property does not currently serve any City function; and
WHEREAS, Resolution 29799, adopted in 1998, as amended by Resolution 30862 in 2006, Resolution 31770 in 2017, and Resolution 31837 in 2018, adopted procedures by the Seattle City Council regarding property reuse and disposition of City-owned property ("Property Disposition Procedures"); and
WHEREAS, FAS recommends declaring the subject property surplus to the City's needs and requests authorization to sell and transfer the property as two separate parcels to the adjoining property owners; and
WHEREAS, the Office of Housing has tentatively awarded multifamily housing funding to one adjoining property owner, El Centro de la Raza, or its affiliate or subsidiary, for the development of affordable housing; and
WHEREAS, the Off...
Click here for full text