File #: 2007-0376    Version:
Type: Ordinance Status: Passed
File created: 8/20/2007 In control: Capital Budget Committee
On agenda: Final action: 9/10/2007
Enactment date: 9/21/2007 Enactment #: 15897
Title: AN ORDINANCE authorizing the executive to execute a purchase and sale agreement and all necessary conveyance documents to complete the sale of county owned property known as Lot 1 of city of Issaquah Short Plat SP04-001IH adjacent to the Issaquah Highlands Park and Ride garage, to Port Blakely Communities, located in council district 3.
Sponsors: Reagan Dunn, Dow Constantine
Indexes: Agreement, Executive, Issaquah, City of, Property
Attachments: 1. 15897.pdf, 2. 2007-0376 transmittal letter.doc, 3. 2007-0376 FISCAL NOTE FORM ord.xls, 4. A. Real Estate Purchase and Sale Agreement, 5. Staff Report 8-29-07 with attachments , 6. Staff Report 08-29-07, 7. Revised Staff Report , 8. A. Real Estate Purchase and Sale Agreement, dated 09-10-07
Title
AN ORDINANCE authorizing the executive to execute a purchase and sale agreement and all necessary conveyance documents to complete the sale of county owned property known as Lot 1 of city of Issaquah Short Plat SP04-001IH adjacent to the Issaquah Highlands Park and Ride garage, to Port Blakely Communities, located in council district 3.
Body
BE IT ORDAINED BY THE COUNTY COUNCIL OF KING COUNTY:
SECTION 1. Findings:
A. King County owns an approximately 11,160 square foot parcel of land, adjacent to the Issaquah Highlands park and ride garage, bounded by the Issaquah Highlands park and ride garage to the North, NE High Street to the South, Highlands Drive to the East and 9th Avenue to the west. It is located within Issaquah Highlands, and King County metro transit division is the custodian.
B. The property was originally purchased by the road services division as part of the North Sammamish Plateau Access Road (SPAR) development from Lakeside Industries in 2003. When the roadway was substantially complete, in July of 2004, custodianship of the property which lies between the north bound and south bound lanes of Highlands Drive was transferred to the transit division for the development of the park and ride garage.
C. Development within Issaquah Highlands is governed by agreements executed by King County, Port Blakely Communities and the city of Issaquah. The development agreements provide the framework for development within Issaquah Highlands. The agreements anticipated that a park and ride facility would be an element of the project.
D. In cooperation with the city of Issaquah and Port Blakely, King County agreed to build a 1,000 stall parking garage in the new Issaquah Highlands development in order to help mitigate traffic onto I-90. The new parking garage has been funded in part by Sound Transit and federal grants.
E. During the site development plan review, the city determined that the county should include a retail element i...

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