Record No: CB 120714    Version: 1 Council Bill No: CB 120714
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 12/5/2023
Ordinance No: Ord 126961
Title: AN ORDINANCE relating to the transfer of City real property for housing development; amending Ordinance 124917 to transfer jurisdiction of the former Dumar Substation, 1605 SW Holden Street, to the Office of Housing for the purpose of developing permanently affordable homeownership; authorizing the Director of the Office of Housing or the Director's designee ("Director") to issue a request for proposals and to select a developer and thereafter to execute and deliver a contract for transfer of land, deed, and related documents; and ratifying and confirming certain prior acts.
Sponsors: Lisa Herbold
Attachments: 1. Att A - Term Sheet for Dumar Property Transfer
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Att 1 - Dumar Property Maps, 3. Presentation, 4. Signed Ordinance 126961, 5. Affidavit of Publication
CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the transfer of City real property for housing development; amending Ordinance 124917 to transfer jurisdiction of the former Dumar Substation, 1605 SW Holden Street, to the Office of Housing for the purpose of developing permanently affordable homeownership; authorizing the Director of the Office of Housing or the Director's designee ("Director") to issue a request for proposals and to select a developer and thereafter to execute and deliver a contract for transfer of land, deed, and related documents; and ratifying and confirming certain prior acts.
body
WHEREAS, in Ordinance 124917, The City of Seattle ("City") declared the former Dumar Substation located at 1605 SW Holden Street (legally described below, the "Property"), as surplus; and
WHEREAS, local community members, including the Highland Park Action Committee (HPAC) have been advocating for the development of the Property for almost a decade, and support affordable housing being built on this site as well as having an activated ground-floor commercial space; and
WHEREAS, access to publicly owned land for use as affordable housing at key locations furthers the City's fair housing goals and offers cost savings that increase project viability; and
WHEREAS, RCW 39.33.015 authorizes a transfer of property for affordable housing on mutually agreeable terms and conditions; and
WHEREAS, the Office of Housing and the City Light Department have agreed to a transfer of jurisdiction of the Property to the Office of Housing for permanently affordable homeownership and other purposes as well as financial consideration of $424,000; and
WHEREAS, the Office of Housing has experience conducting a competitive process for surplus City property for permanently affordable homeownership and thereafter ensuring the successful development of such housing; and
WHEREAS, the Office of Housing is prepared to complete the com...

Click here for full text