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HomeMy WebLinkAboutRevitalization Area - South Lake WA & Port Quendall (8/10/2009) Tn GAD/ DEPARTMENT OF & ECO OM C DEVELOPMENT D Qmo \• MEMORANDUM DATE: August 10, 2009 TO: Randy Corman, Council President CITY OF RENTON Members of Renton City Council AUG 1 0 2009 CC: Denis Law, Mayor RECEIVED CITY CLERECK'S OFFICE Jay Covington, Chief Administrative Officer FROM: Alex Pietsch, Administrator STAFF CONTACT: Suzanne Dale Estey (x 6591) SUBJECT: Local Revitalization Financing Letters of Intent and Support Attached are letters we received from private developers who intend to develop properties within the proposed Revitalization Areas which are proposed as part of the City's potential pursuit of Local Revitalization Financing. We also received several letters of support from other major property owners in the areas and the Renton Chamber of Commerce, which are also attached. Please let us know if you have any questions. • h:\ced\city council\committee of the whole\2009\local revitalization financing support letters 8-09.doc ALPERT INTERNATIONAL August 3, 2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: As the principal developer of the Hawk's Landing project in Renton, I am writing to extend my enthusiastic support for the City's pursuit of Local Revitalization Funding under SSB 5045— Chapter 270, Laws of 2009. As you know, Hawk's Landing is a planned mixed-use development located on an eight acre parcel perched just above Lake Washington, within the proposed Port Quendall Revitalization Area. We are working on an exciting redevelopment plan that, in its first phase, will result in construction of a 173-room hotel. Future phases will include several hundred housing units, as much as 600,000-square feet of professional office space, as well as associated retail and restaurants. When completed, thousands of people will stay, live, work and shop at Hawk's Landing and the project will generate millions of dollars a year in new tax revenue for the City of Renton and the State of Washington. While our vision for Hawk's Landing is exciting, there is a significant amount of public infrastructure necessary to facilitate this redevelopment. Public investment in this area is essential if we are to move forward. To that end, I welcome the City's pursuit of Local Revitalization Funding and pledge my full support to working with you and your team to bring about redevelopment of Hawk's Landing. Best regards, Alpert International, LLLP The Alpert Group Inc., General Partner Spencer Alpert President 10218 Richwood Ave NW www.alpertinternational.com Seattle WA 98177 206-708-1211 CENTURYPACIFIC, L.P. CAM ELL MATHEWSON EXECUTIVE VICE PRESIDENT August 4,2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall,7th Floor 1055 South Grady Way Renton,Washington 98057 Dear Mayor Law: As the re-development representative for Altino Properties and J.H. Baxter, owners of the Quendall Terminals property in Renton, I am writing to extend their enthusiastic support for the City's pursuit of Local Revitalization Funding, under SSB 5045—Chapter 270,Laws of 2009. As you know,the Quendall Terminals property is approximately 20 acres in size and is located on the eastern shores of Lake Washington, within the proposed Port Quendall Revitalization Area. For more than 20 years, our clients and the entire Renton community have envisioned redevelopment of the Port Quendall area. Previous decades of industrial activity have resulted in the United States Environmental Protection Agency ("EPA") designating the property as a Superfund site. The owners are now working with the EPA to design a clean-up plan. It is our hope that this clean-up plan could be implemented simultaneously with redevelopment. However, the cost of cleanup and the lack of necessary public infrastructure in the area have been significant hurdles in our efforts to bring this parcel to the marketplace. We are currently working on an exciting re-development plan that would result in more than 650 units of new waterfront multi-family housing, more than 200,000-square feet of office space, associated retail and restaurant space, as well as several acres of shoreline restoration and public waterfront access. Essentially, we will be enabling the creation of an entirely new waterfront community—one with housing,jobs, and recreational activity—on property that lies fenced and fallow today. As soon as construction begins and for every year thereafter, the redeveloped Quendall Terminals will generate millions of dollars in new tax revenue to the City of Renton and the State of Washington. While the owners' vision for Quendall Terminals is exciting,there are many challenges to realizing this vision. Public investment in the development of infrastructure in and around the REAL ESTATE INVESTMENT BANKERS, ADVISORS AND DEVELOPERS 200.7076693•FAX 20S7377O90•cmathewsonedwt.com•Sul I L.1650•I2Oi THIRD AVENUE•SEATTLE.WA98s01-3029 Quendall site is essential to our ability to move forward. That is why we welcome the City's pursuit of Local Revitalization Funding and pledge our full support to working with you and your team to bring about redevelopment of the Quendall Terminals property. Please do not hesitate to contact us with any questions. Sincerely, 7C Campbell Mathewson Cc: Alex Pietsch Suzanne Dale-Estey ATP SECO DEVELOPMENT, INC . 1083 LAKE WASHINGTON BLVD. N • SUITE 50 • RENTON • WASHINGTON • 98056 TEL: 425/282-5833 • FAX: 425/282-5838 August 3,2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton,Washington 98057 Dear Mayor Law: As the owner and developer of the Southport project, I am writing to extend my enthusiastic support for the City of Renton's pursuit of Local Revitalization Funding, under SSB 5045—Chapter 270, Laws of 2009. As you know, Southport is a planned mixed-use development located on Lake Washington,within the proposed South Lake Washington Revitalization Area. We have already developed 400 multi-family units as the first and second phases of this project. But, we have been working since 1999 to realize the project's full build out, which will also include 750,000-square feet of professional office space and a 350-room waterfront hotel. Once completed, Southport will be a wonderful home to hundreds of people,an exciting place of work for thousands more, and a destination for tourists for many years to come. In addition, Southport will generate millions of dollars a year in new tax revenue for the City of Renton and the State of Washington. While our vision for Southport is exciting, there is a significant amount of public infrastructure necessary to facilitate this redevelopment. Public investment in this infrastructure is extremely important for us to move forward. To that end, I welcome the City's pursuit of Local Revitalization Funding and pledge my full support to working with you and your team to establish the South Lake Washington Revitalization Area. Sincerely, th4/ Michael Christ Principal RECEIVED MAYORS OFFICE TOD LEIWEKE July 31, 2009 CEO Mayor Dennis Law City of Renton City Hall 1055 S. Grady Way Renton,WA 98057 RE: Revitalization Funding for Port Quendall Dear Mayor Law: The Seattle Seahawks are proud of our new Virginia Mason Athletic Center on the shores of Lake Washington. What was once a brownfield site under the jurisdiction of the State of Washington Department of Ecology,has become an iconic symbol of revitalization in the Port Quendall area. The Seahawks are keenly interested in seeing the continuing development and upgrade of the Port Quendall area infrastructure. The value of our project and the experience of our fans and customers are directly impacted by quality of the infrastructure around us. New and upgraded infrastructure will promote new development of currently under-utilized or vacant properties in the area. The Seahawks stand in full support of the City of Renton's efforts to obtain revitalization funding for public infrastructure in the area. Sincerely, 41305 To. eiwe— Chief Executive Officer Virginia Mason Athletic Center 12 Seahawks Way Renton,WA 98056 425.203.8000 www.seahawks com .1LANDING August 3, 2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: As owners of The Landing, a 607,000-square-foot retail, dining and entertainment complex within the proposed South Lake Washington Revitalization Area, Harvest Partners supports the City of Renton's pursuit of Local Revitalization Funding, under SSB 5045 — Chapter 270, Laws of 2009. We are well aware that significant additional redevelopment is planned for the South Lake Washington area. We also realize that construction of additional public infrastructure will be essential if these projects are to move forward. Please let me know how Harvest Partners can be of assistance to you and your team as you work to establish the South Lake Washington Revitalization Area. Sincerely, Eliot B. Barnett Principal 8070 Park Lane • Suite 100 • Dallas TX 75231 • Phone: (214)369-0860 • Fax: (214) 369-0991 R t c 0 E 1V HOMES August 5, 2009 Fh { The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: As owner of the Barbee Mill development in Renton, I am writing to extend my enthusiastic support for the City's pursuit of Local Revitalization Funding, under SSB 5045—Chapter 270, Laws of 2009. As you know, Barbee Mill is a new residential community located on the shores of Lake Washington within the proposed Port Quendall Revitalization Area. We are excited about the planned redevelopment of both the Quendall Terminals and Hawk's Landing sites and are certain that once completed, they will bring about significant additional economic activity in the area. As an experienced developer, I am also aware that public investments in infrastructure are becoming more and more essential to bringing about large-scale revitalization projects such as these. I welcome the City's pursuit of Local Revitalization Funding and pledge my full support to working with you and your team to establish the Port Quendall Revitalization Area. Sincerely, Charlie Conner President te 846 108th Avenue NE Bellevue,Washington 98004 425 455 9280 %a ws conncrhumcs.coal RENTON CHAMBER OF COMMERCE YOUR FIRST CALL RESOURCE August 3, 2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: The Renton Chamber of Commerce strongly supports the City of Renton's pursuit of Local Revitalization Funding, under SSB 5045—Chapter 270, Laws of 2009, for the South Lake Washington and Quendall Terminals areas. Construction of additional public infrastructure will be essential if projects on these properties are to move forward. These projects will help stimulate business activity, create jobs, and catalyze the redevelopment of blighted areas. Please let me know how the Renton Chamber can be of assistance to you and your team as you work to establish the South Lake Washington Revitalization Area. Sincerely, Bill a or President & CEO 300 Rainier Ave N • Renton, WA 98057 •425.226.4560 •fax:425.226.4287 • email: info@GoRenton.com •www. GoRenton.com • CITY OF RENTON, WASHINGTON ORDINANCE NO. 5482 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, DESIGNATING THE PORT QUENDALL AREA OF THE CITY OF RENTON AS A REVITALIZATION AREA AND SPECIFYING PROPOSED PUBLIC IMPROVEMENTS TO BE MADE WITH LOCAL REVITALIZATION FINANCING. WHEREAS, the Washington State Legislature recently passed second substitute Senate Bill 5045, which provides limited amounts of state funding to help finance the cost of public infrastructure improvements through the Local Revitalization Financing ("LRF") program; and WHEREAS, the City of Renton ("City") concurs with the State legislature's position that investment in public infrastructure promotes community and economic development in that it stimulates business activity and the redevelopment of brownfields and blighted areas, creates jobs and promotes efficient land use; and WHEREAS, the City concurs with the State legislature that there is a public interest in investing in these projects; and WHEREAS, the City of Renton ("City") anticipates that the LRF program will both improve the viability of existing businesses within the designated Revitalization Area and attract new businesses to the designated Revitalization Area; and WHEREAS, development in the designated Revitalization Area would not likely occur without the assistance of the LRF program; and WHEREAS, the improvement projects proposed through the LRF program, listed below, will increase employment opportunities and private investment within the Revitalization Area, and generate sufficient local revenues that will equal or exceed state and local contributions; and 1 ORDINANCE NO. 5482 WHEREAS, the City does not intend to use the LRF program for the purpose of relocating an in-state business from outside the Revitalization Area; and WHEREAS, the City will consider dedicating a portion of its excise tax and property tax allocation revenues needed, together with other resources, for a period not to exceed twenty- five (25) years to match the amount of LRF funding awarded from the State to finance the listed public improvements; and WHEREAS, the City desires to submit an application under the LRF program to seek state funding for certain public infrastructure improvements within certain areas in the City and has accordingly taken all the requisite steps in pursuit of this effort; and WHEREAS, requisite notice was given to all taxing districts and local governments with geographic boundaries within the Port Quendall area of the City of Renton, which has been identified as a specific area to be designated as a Revitalization Area; and WHEREAS, said notice identified the Port Quendall area as an intended Revitalization Area and provided information regarding the date for a public hearing and the anticipated date of action to adopt the proposed revitalization area along with contact information of the City of Renton; and WHEREAS, a public hearing was duly noticed and held on August 10, 2009, and all parties having been heard appearing in support or in opposition to the proposed action; and WHEREAS, this matter was duly referred to the Committee of the Whole for investigation and study; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES ORDAIN AS FOLLOWS: 2 ORDINANCE NO. 5482 SECTION I. All the recitals set forth above and all attachments to this Ordinance are hereby incorporated by reference as if fully set forth. SECTION II. The proposed improvement projects and their respective estimated costs are: • reconstruction and signalization improvements on Lake Washington Boulevard and NE 44th [approximately Seven Million Dollars ($7,000,000)]; • frontage improvements along Seahawks Way and Lake Washington Boulevard, including an extension of May Creek Trail [approximately Five Million Dollars ($5,000,000)]; • new reservoir and water and sewer system improvements [approximately Nine Million Dollars ($9,000,000)]; • reclaimed water facility [approximately Six Million Dollars ($6,000,000)]; and • public amenities, including the potential for as much as 3-5 acres of waterfront habitat restoration, public open space, trails, and potential plaza(s), and funding for maintenance of these areas [approximately Forty Million Dollars ($40,000,000)]. SECTION III. The following described area of Port Quendall in the City of Renton as depicted in "Attachment A" is hereby designated as a Revitalization Area. [Said property, is generally located between Lake Washington to the West, the City of Renton boundary to the east, SE 76th Street (if extended) to the north and North 40th Street (if extended) to the south.] SECTION IV. Approximately twenty-five percent (25%) of the listed public improvements costs is anticipated to be financed by the LRF program, if awarded by the State, with the remainder to be funded by project developers, together with potential grants and other public/private funding sources. SECTION V. The estimated time during which local excise tax allocation revenues, local property tax allocation revenues, and other revenues from local public sources are to be 3 • 'fir► ORDINANCE NO. 5482 used as part of local revitalization financing for the Port Quendall Revitalization Areas is approximately twenty-five (25) years. SECTION VI. The estimated time when the use of local property tax allocation revenues will commence is the second calendar year following the creation of Port Quendall Revitalization Area. SECTION VII. The City has met all of the requirements in Section 103 of second substitute Senate Bill 5045. SECTION VIII. The anticipated rate of sales and use tax if awarded a LRF state contribution would be .00030. SECTION IX. The anticipated date that the sales and use tax will be imposed will be July 1, 2014; and the anticipated year in which the criteria for the sales and use tax in section 601 of second substitute Senate Bill 5045 will be met is 2013. SECTION X. The Chief Administrative Officer and/or designee shall be authorized to carry out the necessary and appropriate steps to effectuate and implement the terms of this ordinance and to pursue the LRF program. SECTION Xl. This ordinance shall be effective upon passage, approval and thirty (30) days after publication. PASSED BY THE CITY COUNCIL this 17th day of August , 2009. Bonnie I. Walton, City Clerk 4 `1'+ ORDINANCE NO. 5482 APPROVED BY THE MAYOR this 17th day of August , 2009. .).„047 Lir De is Law, Mayor Approved as to form: Lawrence J. Warren, City Attorney Date of Publication: 8/21/2009 (summary) ORD:1581:8/5/09:scr 5 R t I • 4 • t .,6 . 4i:1� ors �4 q S ^y max , zk k.' �.a z t a s x a 4. .ns, t h re, k r"J`' f..3 - x w reT ,.' 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'",> -. ,,��. .,_ - - .» .- l I-res or mercnantr6riy canmpany this product CITY OF RENTON, WASHINGTON ORDINANCE NO. 5481 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, DESIGNATING THE SOUTH LAKE WASHINGTON AREA OF THE CITY OF RENTON AS A REVITALIZATION AREA AND SPECIFYING PROPOSED PUBLIC IMPROVEMENTS TO BE MADE WITH LOCAL REVITALIZATION FINANCING. WHEREAS, the Washington State Legislature recently passed second substitute Senate Bill 5045, which provides limited amounts of state funding to help finance the cost of public infrastructure improvements through the Local Revitalization Financing ("LRF") program; and WHEREAS, the City of Renton ("City") concurs with the State legislature's position that investment in public infrastructure promotes community and economic development in that it stimulates business activity and the redevelopment of brownfields and blighted areas, creates jobs and promotes efficient land use; and WHEREAS, the City concurs with the State legislature that there is a public interest in investing in these projects; and WHEREAS, the City of Renton ("City") anticipates that the LRF program will both improve the viability of existing businesses within the designated Revitalization Area and attract new businesses to the designated Revitalization Area; and WHEREAS, development in the designated Revitalization Area would not likely occur without the assistance of the LRF program; and WHEREAS, the improvement projects proposed through the LRF program, listed below, will increase employment opportunities and private investment within the Revitalization Area, and generate sufficient local revenues that will equal or exceed state and local contributions; and 1 ORDINANCE NO. 5481 Nair WHEREAS, the City does not intend to use the LRF program for the purpose of relocating an in-state business from outside the Revitalization Area; and WHEREAS, the City will consider dedicating a portion of its excise tax and property tax allocation revenues needed, together with other resources, for a period not to exceed twenty- five (25) years to match the amount of LRF funding awarded from the State to finance the listed public improvements; and WHEREAS, the City desires to submit an application under the LRF program to seek state funding for certain public infrastructure improvements within certain areas in the City and has accordingly taken all the requisite steps in pursuit of this effort; and WHEREAS, requisite notice was given to all taxing districts and local governments with geographic boundaries within the South Lake Washington area of the City of Renton, which has been identified as a specific area to be designated as a Revitalization Area; and WHEREAS, said notice identified the South Lake Washington area as an intended Revitalization Area and provided information regarding the date for a public hearing and the anticipated date of action to adopt the proposed revitalization area along with contact information of the City of Renton; and WHEREAS, a public hearing was duly noticed and held on August 10, 2009, and all parties having been heard appearing in support or in opposition to the proposed action; and WHEREAS, this matter was duly referred to the Committee of the Whole for investigation and study; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES ORDAIN AS FOLLOWS: 2 ININW ORDINANCE NO. 5481 SECTION I. All the recitals set forth above and all attachments to this Ordinance are hereby incorporated by reference as if fully set forth. SECTION II. The proposed improvement projects and their respective estimated costs are: • extension of Park Avenue North from The Landing to the Southport development [approximately Five Million Dollars ($5,000,000)]; • channelization and other roadway improvements on Garden Avenue South at Park Avenue [approximately Three Million Dollars ($3,000,000)); • Highlands to The Landing Trail [approximately Two Million Dollars ($2,000,000)]; • Lake Washington Boulevard corridor improvements [approximately Five Million Dollars ($5,000,000)); • water and sewer system upgrades [approximately Two Million Five Hundred Thousand Dollars ($2,500,000)]; and • Bus Rapid Transit facilities and 700-stall transit-related parking garage [approximately Thirty-five Million Dollars ($35,000,000)]. SECTION III. The following described area of South Lake Washington in the City of Renton as depicted in "Attachment A" is hereby designated as a Revitalization Area. [Said property, is generally located between the southern boundary of Gene Coulon Memorial Beach Park to the northeast, Lake Washington to the north, Logan Avenue North to the west, North 6th and North 7th Streets to the south and Garden Avenue North to the east.] SECTION IV. Approximately twenty-five percent (25%) of the listed public improvements costs is anticipated to be financed by the LRF program, if awarded by the State, with the remainder to be funded by project developers, together with potential grants and other public/private funding sources. SECTION V. The estimated time during which local excise tax allocation revenues, local property tax allocation revenues, and other revenues from local public sources are to be 3 0 ORDINANCE NO. 5481 Notairo used as part of local revitalization financing for the South Lake Washington Revitalization Areas is approximately twenty-five (25) years. SECTION VI. The estimated time when the use of local property tax allocation revenues will commence is the second calendar year following the creation of South Lake Washington Revitalization Area. SECTION VII. The City has met all of the requirements in Section 103 of second substitute Senate Bill 5045. SECTION VIII. The anticipated rate of sales and use tax if awarded a LRF state contribution would be .00030. SECTION IX. The anticipated date that the sales and use tax will be imposed will be July 1, 2013; and the anticipated year in which the criteria for the sales and use tax in section 601 of second substitute Senate Bill 5045 will be met is 2012. SECTION X. The Chief Administrative Officer and/or designee shall be authorized to carry out the necessary and appropriate steps to effectuate and implement the terms of this ordinance and to pursue the LRF program. SECTION XI. This ordinance shall be effective upon passage, approval and thirty (30) days after publication. PASSED BY THE CITY COUNCIL this 17th day of August , 2009. Bonnie I. Walton, City Clerk 4 ORDINANCE NO. 5481 APPROVED BY THE MAYOR this 17th day of August , 2009. )46//fc, Denis Law, Mayor Approved as to form: Lawrence J. Warren, City Attorney Date of Publication: 8/21/2009 (summary) ORD:1580:8/5/09:scr 5 AIM L �. ffib Ri g ak -. 11 ogrz,4,,tomettiarr,,:: ::Inowitiezz,:tii,,„:0„04041.4eirk;.1:4 ,, ,—vw. ,4! ti..,,i,...... __,. , •A . 6 4*, 1M ! i y ,AJ to '� /�/ t ' '■ �,�F — s� �:?itiimoisisividimiorkiii ; 0.gip'- & ,,, -.F , 0 �/ y ,7:',,i",,,,4;43pedibighai:741i44$0(4,4,"V.&,,,,te I/Ai:,41,0100,4%'''*fa*M5K94 # ,, ,. <, „, tCA :4.ittilleileseA'— :••" i71/7// ,,,../A:4'1,. '1;..t4.,',':‘,,, ) ',,•,v.Stkfisiis.,,,,qfpw .4 ' / :'.;la'iiii!..4.,.':-,,,i. :acif:,,:',:,:: :,i .4,1:, .:.; � r ys " 0 *4 *' ^. its SS ` V�tt�N, - f t, / f t, era. e. % tlY ®• � f. AS y /. ri 0 /A:1w)- . ..,,.,.,,,, -,...L.,,,:i.,,,4:,,,,,,%,,..,r,, J(Z' /44.f.pliftr.490)Iffe,"04.4e, \-; 0•-?,,,.,' V.;,..% /� !',•� .I p'r♦ ,,, n.: ., :tin ns � �j . I'0,.,;,41,:,,,,,,ts. - t, .si ' °to:":,.,:.;:.1:„,•::.N,.,,.,rii,... `a:t ta". ;sad°, n b.,' ......s a ` w,.s,, A !e P�'` u:;.`�* ; = .% ,:t July 15,2009 /� South Lake Washington Revitalization Area 0 500 1,000 /� Feetet r South Lake Washington RevitalizationArea Ly .'City Limits Parks ta,000 N - a±Gza"or, arez „ 7akc :af0. 3,,,r'Viz;;? :53.nnri Community&Economic Development Alex Pietsch,Administrator City of. O Data/GIS Analysis Services Ij Adriaita A.Johnson,Patrick Roduin tj, ' Sa � >i4 la E..: r�OMa produced Y City Rent of on rights - Noaa of a sort,nclude but not limited lc accuracy, � ` itnesc or merchantability.accompany this product. August 17, 2009 New, Renton City Council Minutes Page 254 Annexation:Sunset East, R-4 An ordinance was read establishing the zoning classification of property Zoning annexed within the City of Renton for approximately 15.9 acres generally located immediately north of SE Renton-Issaquah Rd.and immediately east of Jericho Ave. NE,from R-4(four dwelling units per gross acre, King County zoning)to R-4(four dwelling units per net acre) zoning, Sunset East Annexation. MOVED BY CORMAN,SECONDED BY ZWICKER, COUNCIL REFER THE ORDINANCE FOR SECOND AND FINAL READING ON 9/14/2009. CARRIED. Planning: Land Use Fee An ordinance was read amending Chapter 1,Administration and Enforcement, Schedule Revision of Title IV(Development Regulations),of City Code,to amend land use permit fees. MOVED BY CORMAN,SECONDED BY BRIERE,COUNCIL REFER THE ORDINANCE FOR SECOND AND FINAL READING ON 9/14/2009. CARRIED. Transportation: Speed Limit An ordinance was read Amending Chapter 11,Speed Limits,of Title X(Traffic), Revisions of City Code, by changing the speed limits of Edmonds Ave.SE from SE Puget Dr.to SE 161st St. and 116th Ave. SE from SE 161st St.to SE 192nd St.to 30 miles per hour; adding Duvall Ave. NE,from the north City Limits to NE 4th St. and setting the speed limit at 35 miles per hour; changing the speed limit of Benson Dr.S.,from S. Puget Dr.to Petrovitsky Rd.SE to 40 miles per hour; and adding 108th Ave.SE,from Petrovitsky Rd.SE to the south City Limit at SE 192nd St.and setting the speed limit at 40 miles per hour. MOVED BY CORMAN,SECONDED BY ZWICKER,COUNCIL REFER THE ORDINANCE FOR SECOND AND FINAL READING ON 9/14/2009. CARRIED. The following ordinance was presented for first reading and advanced for second and final reading and adoption: Police:Amended & Restated An ordinance was read authorizing the execution of an Amended and Restated Interlocal Agreement,SCORE interlocal agreement relating to the South Correctional Entity(SCORE) Facility; & Member Cities Agreement authorizing the execution of an interlocal agreement among the cities of Renton,Auburn, Federal Way, and Des Moines, Washington,and the South Correctional Entity;and amending Ordinance No.5443. MOVED BY PERSSON, SECONDED BY TAYLOR, COUNCIL ADVANCE THE ORDINANCE FOR SECOND AND FINAL READING. CARRIED. ORDINANCE#5480 Following second and final reading of the above-referenced ordinance, it was Police:Amended & Restated MOVED BY PERSSON, SECONDED BY TAYLOR, COUNCIL ADOPT THE ORDINANCE Interlocal Agreement,SCORE AS READ. ROLL CALL. ALL AYES. CARRIED. & Member Cities Agreement The following ordinances were presented for second and final reading and adoption: ORDINANCE#5481 'An ordinance was read designating the South Lake Washington area of the City CED:South Lake Washington, of Renton as a revitalization area and specifying proposed public improvements Local Revitalization Area to be made with local revitalization financing. MOVED BY BRIERE, SECONDED Qr\ 1-(71cte/ CARRIED.Y ZWICKER,COUNCIL ADOPT THE ORDINANCE AS READ. ROLL CALL. ALL AYES. ORDINANCE#5482 An ordinance was read designating the Port Quendall area of the City of Renton CED: Port Quendall, Local as a revitalization area and specifying proposed public improvements to be Revitalization Area made with local revitalization financing. MOVED BY BRIERE,SECONDED BY ZWICKER,COUNCIL ADOPT THE ORDINANCE AS READ. ROLL CALL. ALL AYES. CARRIED. kF WASHINGTON STATE DE''IARTMENT OF REVENUE Depdrimeitl of 4011 FOR IMMEDIATE RELEASE For more information, contact: Mike Gowrylow (360) 570-6048 Local Revitalization Financing Demonstration Project Application Now Available Olympia, Wash., July 2, 2009 Application forms are now available for seven Local Revitalization Financing demonstration projects authorized by the Legislature. The seven projects, which are eligible for awards totaling $2.25 million annually up to 25 years, are in Bremerton, Auburn, University Place, Spokane, Whitman County, Tacoma, and Vancouver. In order to receive the money, the jurisdictions still have to complete certain steps outlined in the application, which is available at http:/idor.wa.gov/C:ontent/DoingBusiness/LocalRevitalizationFinancing.aspx. The completed applications must be filed by Sept. 1. The requirements outlined in the application also can serve as a model for other local governments that are expected to submit their own proposals for a second, first-come, first-served phase of the awards, project administrator James Petit said. Second Substitute Senate Bill 5045 allocated an additional $2.5 million to be made available annually, with maximum individual grants of$500,000. Applicants cannot apply for these awards until Sept. 1, and formal application for this phase is scheduled to be available Aug. 15. The Local Revitalization Financing(LRF) program authorizes cities and counties to create "revitalization areas" and allows the state to contribute toward the payment of bonds issued for financing local public improvements within the revitalization area. For more information, applicants may contact Petit at(360) 902-7037 or jamep@dor.wa.gov. ### To inquire about the availability of this document in an alternate format for the visually impaired, please call (360) 705-6715. Teletype (TTY)users please call 1-800-451-7985. ' p "Noe TIMELINE June 4,2009 Local Revitalization Financing (LRF) Under 2SSB 5045, (Chapter 270, Laws of 2009) TIMING STEPS Develop boundaries for proposed Revitalization Area(RA) Determine what public improvements will be proposed for financing 30 days prior to Notice to all taxing districts and local governments in RA • Name of RA public Date of public hearing hearing • Earliest date of adoption of RA ordinance • Contact information 10 days • Include intent to issue bonds prior to Publish notice of May opt and maximum amount public public hearing out hearing and post Public hearing Adopt opt-out ordinance / \ before RA ordinance is adopted by sponsor Enter into J contract or Adopt Ordinance forming RA obtain letter of intent • Specify public improvements in RA from private • Estimate costs developer • State intent to issue bonds and maximum amount • Designate RA boundaries / • No overlap with LIFT,TIF,hospital benefit zone or other RAs • No more than 25%of total assessed value in sponsoring government jurisdiction • High likelihood of positive business and economic impacts • Find • No in-state relocation of businesses(subject to exception) • Will improve viability of existing businesses • Economic development needed and likely not to occur without LRF funding • Reasonably likely to increase private investment,employment,and state and local tax revenues greater than amount of state and local contributions • Designate start date for property tax allocation to sponsor • Identify participating taxing districts(those that have not opted out) • Provide estimated LRF sales tax rate and timing After public hearing Deliver certified copy of ordinance to County Treasurer, DOR and participating districts After public Enter into interlocals with participating local governments hearing • Specify start/stop of contribution of local sales taxes • Specify amount of local sales taxes to be dedicated By Sept. 1,2009 Submit application to DOR Demo Projects ($2.25M) • Whitman--$200k • University Place--$500K • Tacoma--$500K • Bremerton--$330K • Demonstrate increase • Auburn--$250K taxes>_local and state • Vancouver--$220K contributions Within 60 • Spokane--$250K • Demonstrate will receive days of DOR responds Other Projects full amount of state Sept 1,2009 ($2.5M) contribution • Specify amount required Issue general • Estimate date will impose obligation bonds tax and number of years • Estimate rate of tax and date of bond issue Adopt ordinance to impose state-shared local LRF sales/use tax • Demo projects—effective no earlier than July 1,2010 • Other projects—effective no earlier than July 1,2011 Distributions of LRF tax(state contribution)to sponsor 2 months later Department or V AL At }qp hog nS :,te kY�ISF�t.t�j a� „tg`.c:. ,..." An Example of the LRF Process in an Annual Cycle County (color coding is provided for clarification) Revitalization Area approved 10/1/2009 New Construction Consisting of Entire Buildings Value 2010 Value Allocated to Initial New Assessment Allocated to the Year of Construction Year Value of the Local Participating Parcel Number Construction Value Entire Bldg Government Taxing District 111111111 2010 400,000 400,000 300,000 100 01. 211111111 2010 100,000 100,000 75,000 , 00 10 500,000 375,000 125,000 New Construction that Does Not Represent Entire Buildings 222222222 2010 500000 375,000 � GOO 322222222 2010 250.0 -< 187,500 50 562,500 187,500 Total Allocation to the RA Sponsor 937,500 F. • -. Nj, >,� 1st distribution year: (2011) New Construction Entire buildings 500,000 375,000 1:"� Partial buildings ;20,000 562,500 1 2010 AV of existing property 106,000,000 106,000,000 Total 2010 AV of property within the RA 107,250,000 937,500 106,312,500 Taxes to be collected at$.80/$1,000AV in 2011 $ 85,800.00 $ 750.00 $ 85,050.00 Note: Distribution of tax dollars to the LRF sponsor begins in the second calendar year following approval of the Revenue Area (RA). Page 1 of 4 August 10, 2009 Renton City Council Minutes Page 241 Nome vow RESOLUTIONS AND The following resolution was presented for reading and adoption: ORDINANCES Finance:Valley Cities A resolution was read endorsing the efforts of the Valley Cities Association and Association, Broadband authorizing the Mayor to apply for a Federal grant to fund broadband Technology Opportunities opportunities offered through the U.S. Department of Commerce. MOVED BY Program PERSSON, SECONDED BY TAYLOR, COUNCIL ADOPT THE RESOLUTION AS READ. CARRIED. The following ordinances were presented for first reading and referred to the Council meeting of 8/17/2009 for second and final reading: CED:South Lake Washington, An ordinance was read designating the South Lake Washington area of the City Local Revitalization Area of Renton as a revitalization area and specifying proposed public improvements P FI(e to be made with local revitalization financing. MOVED BY CORMAN,SECONDED BY ZWICKER, COUNCIL REFER THE ORDINANCE FOR SECOND AND FINAL READING ON 8/17/2009. CARRIED. CED: Port Quendall, Local An ordinance was read designating the Port Quendall area of the City of Renton Revitalization Area as a revitalization area and specifying proposed public improvements to be made with local revitalization financing. MOVED BY CORMAN, SECONDED BY ZWICKER, COUNCIL REFER THE ORDINANCE FOR SECOND AND FINAL READING ON 8/17/2009. CARRIED. Fire: Emergency Management 'An ordinance was read amending the 2009 Budget by increasing Fund 000 by Performance Grant, WA State $74,696 for the purpose of supplemental funding to support the City's Military Department, Budget emergency management program. MOVED BY TAYLOR,SECONDED BY Amendment ZWICKER, COUNCIL REFER THE ORDINANCE FOR SECOND AND FINAL READING ON 8/17/2009. CARRIED. NEW BUSINESS MOVED BY PARKER,SECONDED BY ZWICKER, COUNCIL REFER THE Citizen Comment: Lall - Fire CORRESPONDENCE FROM CHANDER P. LALL, UNION 500 APARTMENTS, Inspection Report, 500 Union (REGARDING A FIRE INSPECTION REPORT)TO THE ADMINISTRATION. Apartments CARRIED. ADJOURNMENT MOVED BY CORMAN,SECONDED BY ZWICKER, COUNCIL ADJOURN. CARRIED. Time: 8:07 p.m. Bonnie I. Walton, CMC, City Clerk Jason Seth, Recorder August 10, 2009 J August 10, 2009 Nor Renton City Council Minutes Page 240 CAG:09-075,Stage II Lake Transportation Systems Division recommended approval of Supplemental Washington Trail South Lake Agreement No. 1 to CAG-09-075,with WHPacific, in the amount of$64,433 for Connector, WHPacific additional services for the Stage II Lake Washington Trail South Lake Connector project. Council concur. MOVED BY CORMAN,SECONDED BY PALMER, COUNCIL APPROVE THE CONSENT AGENDA AS PRESENTED. CARRIED. UNFINISHED BUSINESS Council President Corman presented a report recommending adoption of the Committee of the Whole: ordinance designating the South Lake Washington area of the City of Renton as CED:South Lake Washington a "Revitalization Area" and specifying proposed public improvements to be & Port Quendall, Local made with local revitalization financing. Revitalization Areas The Committee also recommended adoption of the ordinance designating the Port Quendall area of the City of Renton as a "Revitalization Area" and specifying proposed public improvements to be made with local revitalization financing. The Committee further recommended that the ordinances regarding this matter be presented for first reading. MOVED BY CORMAN,SECONDED BY TAYLOR, COUNCIL CONCUR IN THE COMMITTEE REPORT. CARRIED. (See page 241 for ordinances.) Finance Committee Finance Committee Chair Persson presented a report recommending Lease: LSI Logic Corporation, concurrence in the staff recommendation to approve an extension of the lease 200 Mill Building(3rd Floor), with LSI Logic Corporation (formerly known as Engenio Information LAG-00-002 Technologies, Inc.) for a portion of the third floor of the 200 Mill Building and authorizing the Mayor and City Clerk to sign the amendment. MOVED BY PERSSON,SECONDED BY TAYLOR, COUNCIL CONCUR IN THE COMMITTEE REPORT. CARRIED. Community Services: High Finance Committee Chair Persson presented a report recommending School Golf Course Team Fee concurrence in the staff recommendation to authorize the Maplewood Golf Waivers Course to waive associated fees for Renton, Lindbergh, Hazen and Liberty High School golf teams for the 2009-2010 season. MOVED BY PERSSON,SECONDED BY TAYLOR, COUNCIL CONCUR IN THE COMMITTEE REPORT. CARRIED. Finance:Valley Cities Finance Committee Chair Persson presented a report recommending Association, Broadband concurrence in the staff recommendation to approve a resolution in support of Technology Opportunities a Broadband Technology Opportunities Program (BTOP)grant request to Program complete a fiber optic backbone project from the City of Renton to the City of Puyallup. The City of Auburn will be the lead agency for this grant. The Committee further recommended that the resolution regarding this matter be presented for reading and adoption. MOVED BY PERSSON,SECONDED BY TAYLOR, COUNCIL CONCUR IN THE COMMITTEE REPORT. CARRIED. (See page 241 for resolution.) CED: Legislative Consulting Finance Committee Chair Persson presented a report recommending approval Services, Doug Levy of the contract with Outcomes by Levy in the amount of$51,800 to provide State Legislative consulting services. The Committee further recommended that the Mayor and City Clerk be authorized to sign the agreement. MOVED BY PERSSON, SECONDED BY TAYLOR,COUNCIL CONCUR IN THE COMMITTEE REPORT. CARRIED. APPROVE BY COMMITTEE OF THE WHOLE CITY COUNCIL COMMITTEE REPORT Date g-16- dOO? August 10, 2009 Local Revitalization Financing South Lake Washington Revitalization Area & Port Quendall Revitalization Area (Referred July 6, 2009) The Committee of the Whole recommends adoption of the ordinance designating the South Lake Washington area of the City of Renton as a "Revitalization Area"and specifying proposed public improvements to be made with local revitalization financing. The Committee also recommends adoption of the ordinance designating the Port Quendall area of the City of Renton as a "Revitalization Area"and specifying proposed public improvements to be made with local,revitalization financing. The Committee further recommends that the ordinances regarding this matter be presented for first reading. rjr.. Randy Corman, Council Presiden cc: Jay CoviligIcni Iwen Wang Alex Pietsch Suzanne Dale Estey N RENTON CITY COUNCIL Regular Meeting August 10, 2009 Council Chambers Monday, 7 p.m. MINUTES Renton City Hall CALL TO ORDER Mayor Law called the meeting of the Renton City Council to order and led the Pledge of Allegiance to the flag. ROLL CALL OF RANDY CORMAN, Council President; GREG TAYLOR; RICH ZWICKER; KING COUNCILMEMBERS PARKER; DON PERSSON; MARCIE PALMER. MOVED BY TAYLOR,SECONDED BY CORMAN, COUNCIL EXCUSE ABSENT COUNCILMEMBER TERRI BRIERE. CARRIED. CITY STAFF IN ATTENDANCE DENIS LAW, Mayor;JAY COVINGTON, Chief Administrative Officer; MARK BARBER, Assistant City Attorney; BONNIE WALTON, City Clerk; ALEX PIETSCH, Community and Economic Development Administrator; GREGG ZIMMERMAN, Public Works Administrator; IWEN WANG, Finance and Information Services Administrator;SUZANNE DALE ESTEY, Economic Development Director; FIRE AND EMERGENCY SERVICES ADMINISTRATOR I. DAVID DANIELS and DEPUTY CHIEF MARK PETERSON, Fire & Emergency Services Department; COMMANDER KENT CURRY, Police Department. SPECIAL PRESENTATION Fire Chief and Emergency Services Administrator I. David Daniels awarded the Fire: Meritorious Service crews of Engine 11 and Aid 11 Meritorious Unit Citations for their outstanding Award, Wells Ave S Fire, efforts regarding the five-alarm fire that occurred at 232 Wells Ave.S. on Engine &Aid Crew 11 6/11/2009. Firefighter Michael Bain, a member of Engine 11 crew,was also awarded the Meritorious Service Award. PUBLIC HEARING This being the date set and proper notices having been posted and published in CED: South Lake Washington accordance with local and State laws, Mayor Law opened the public hearing to & Port Quendall, Local consider leveraging State funds for local revitalization financing (LRF) by Revitalization Areas establishing"revitalization areas," potentially identified as South Lake ?ff > (e, Washington and Port Quendall. Community and Economic Development Administrator Alex Pietsch remarked that it is important during challenging economic times to look for innovative ways to bolster the City's economy and to take advantage of opportunities as they arise. He introduced Economic Development Director Suzanne Dale Estey. Ms. Dale Estey reported that the City has established a local LRF team consisting of staff from the Economic Development, Finance, Public Works,and the Community Services departments. She stated that in addition to City staff, consultants Jay Rogers of Berk&Associates, and Doug Levy of Outcomes by Levy are also included on the team. Ms. Dale Estey announced that a new state law entitled the Second Substitute Senate Bill 5045 was authorized this session. She stated that the intent and purpose of the legislation is to stimulate business activity, create jobs, promote efficient land use, and lower the cost of housing. She remarked that the legislation is additionally intended to assist local governments in financing local infrastructure as a catalyst for new development and future private investment. Ms. Dale Estey explained that LRF is a form of tax increment financing that estimates the growth of certain state and local tax revenues in a specific area. August 10, 2009 New Renton City Council Minutes Page 236 She stated that these areas are referred to as revitalization areas or"RAs". She noted that LRF estimates the growth of revenues as a result of the local public improvements that have been made in that particular area. She stated that it also provides a limited amount of state funding to pay for those local public improvements as long as there is a local match, and as long as the anticipated growth in state revenues equals or exceeds the state contribution. Ms. Dale Estey also noted that the public improvements must encourage private development and generate enough increase in state and local sales and use taxes,or property taxes,to meet the particular funding mechanism requirement. Ms. Dale Estey stated that the types of public improvements that can be financed using the economic development tool are roads, bridges, streetlights, sidewalks,water and sewer infrastructure upgrades, parking facilities and environmental remediation. She noted that environmental remediation may be beneficial to Renton if funding for the Quendall Terminals area is pursued. Continuing, Ms. Dale Estey reported that applications are reviewed on a first- come first-served basis and the deadline for submitting applications is 9/1/2009. She noted that$2.25 million was set aside for seven demonstration projects and$2.5 million for local governments,with awards to be in the range of$200,000 to$500,000. She estimated that with an award of$500,000, per year per project, approximately$12.5 to$15 million could be garnered through financing. She also noted that there may be a state-shared LRF tax imposed beginning 7/1/2011 for as long as the general obligation bonds have been issued. She clarified that this is not a new tax. Ms. Dale Estey outlined the steps taken prior to applying for the LRF tool as 1) develop boundaries for the revitalization areas, 2)develop a list of proposed public improvements for each revitalization area, 3) publish public notice,4) hold a public hearing, 5) provide notice to other local governments and taxing districts and provide them an opportunity to opt out,6) obtain letters of intent from interested developers, 7) estimate the State and local incremental tax revenues resulting from the public and private development, 8)determine the LRF rate that is needed, and 9) adopt ordinances designating revitalization areas and specifying the proposed improvements within each area. Ms. Dale Estey stated that the City has received opt-out notifications from all of the affected jurisdictions in the proposed revitalization areas. She also noted that the City has received numerous letters of support from property owners and developers. Ms. Dale Estey clarified that the revitalization areas must have contiguous lots, parcels, or parcels of land without creating islands, and that all of the proposed improvements must be located within the boundaries of the revitalization area. She also clarified that the areas cannot comprise more than 25 percent of the total assessed value for the entire city, and that the boundaries cannot be changed for the duration of the financing for the projects. Ms. Dale Estey reported that the state-shared LRF tax is an authority to impose new local sales and use tax that is credited against state sales and use tax. She emphasized that it is not an additional tax on top of the 9.5 percent sales tax. She stated that it is the use of an increment of that tax that the local government can match and then issue bonds off for a number of years. August 10, 2009 Renton City Council Minutes Page 237 She remarked that the LRF tax will cease on the earlier of when the bonds will retire or 25 years from when the tax was first imposed. She stated that the City will have to adopt an ordinance to establish the tax rate and the effective rate of that particular increment. Ms. Dale Estey pointed out that the state contribution is the lesser of$500,000 or the local match and the rate of the tax can be no greater than 6.5 percent. She noted that certain items will reduce the rate including subtracting the rates of all other local taxes credited against the state sales and use tax within the revitalization area (such as stadium taxes or lodging tax), and a .16 percentage required for performance audits. Ms. Dale Estey reported that two areas within Renton are being recommended as potential revitalization areas. She stated that one area is the South Lake Washington Area which includes the Southport/Seco Development,The Landing, Boeing surplus property just south of The Landing, and a few commercial arterial (CA) zoned areas. She stated that the other area is the Port Quendall area which includes the Hawks Landing/Pan Abode property, Barbee Mill, and the Quendall Terminals site situated between the Seahawks headquarters and Barbee Mill. For the South Lake Washington revitalization area, Ms. Dale Estey reported that the proposed public improvements include an extension of Park Ave. N.from The Landing to Southport, improvements on Garden Ave., completion of The Highlands to The Landing trail, corridor improvements along Lake Washington Blvd. N., water and sewer system upgrades, a potential parking garage, and a large project that involves bus rapid transit facilities. For the Port Quendall revitalization area, Ms. Dale Estey reported that the proposed public improvements include reconstruction and signalization improvements on Lake Washington Blvd. N. and NE 44th St.,frontage improvements along Seahawks Way and Lake Washington Blvd. N., extending the May Creek Trail, a potential new reservoir and water and sewer improvements, a potential reclaimed water facility, and three to five acres of waterfront habitat restoration, public open spaces,trails, and plaza proposals along the water front at Quendall Terminals. Concluding, Ms. Dale Estey reemphasized that this involves no new taxes from a taxpayer's standpoint, and that there will be additional public process involving City residents, property owners, and local stakeholders. She remarked that pursuing economic development requires significant public infrastructure that the City cannot fund on its own. Email correspondence was acknowledged from Aaron Belenky(Renton). Mayor Law noted that Mr. Belenky was in the audience and had signed up to speak during the public comments portion of the hearing. Correspondence in support of the revitalization areas was acknowledged from Alpert International (Seattle), Century Pacific, LP (Seattle),Seco Development (Renton),Seattle Seahawks Virginia Mason Athletic Center(Renton),The Landing(Dallas,TX), Conner Homes(Bellevue), and the Renton Chamber of Commerce(Renton). Public comment was invited. Dan Mitzel (Mount Vernon)explained that he is on the development team for the Hawk's Landing project and expressed support for the Port Quendall revitalization area. He remarked that improving infrastructure will promote August 10, 2009 Renton City Council Minutes , Page 238 redevelopment and new development within the area. Mr. Mitzel cited the Virginia Mason Athletic Center and the Barbee Mill projects as excellent examples of new development in the area. He noted that the Pan Abode site faces significant infrastructure challenges including transportation and signalization improvements, and rebuilding the freeway interchange with a goal of providing required capacity for new development. He opined that this incremental financing tool, with the cooperation of the private sector, is the key to making redevelopment occur in this area. Lawrence Reymann (Renton) expressed support for the Port Quendall revitalization area. He explained that he is very involved with the May Creek watershed, and serves on many local boards in an effort to promote and teach environmental stewardship. He stated that building the May Creek Trail would enhance an essential wildlife corridor, create educational opportunities, and spur economic growth in the area. He remarked that there are runs of wild Chinook, Coho, and Sockeye salmon in the creek and opined that this could be a once in a lifetime opportunity to connect habitat from Cougar Mountain to Lake Washington. He urged Council to focus on the May Creek corridor, and to take advantage of an opportunity that may not be available in the future. Aaron Belenky(Renton) remarked that he is the president of a homeowners' association that is located just outside the boundaries of the Port Quendall revitalization area. He stated that he disagrees with portions of the proposal, noting that there has been a number of car break-ins in his neighborhood, and it is also in need of road maintenance, streetlights, and other safety enhancements. He expressed concern over a proposed $40 million park that is to be located near$3 million homes and requested that the boundary be adjusted to include his condominium complex, so the needed improvements in his area could be covered by the proposed plan. Responding to Council President Corman's inquiry, Ms. Dale Estey stated that the revitalization area boundary cannot be altered once it has been established and other taxing jurisdictions have been notified. She also indicated that any improvements must be made within the boundary, and the 1-405 interchange at NE 44th St. was accounted for within the Port Quendall revitalization area. MOVED BY TAYLOR,SECONDED BY CORMAN, COUNCIL REFER THE ISSUES MR. BELENKY HAS ADDRESSED(ROAD MAINTENANCE, CAR BREAK-INS,TRAFFIC SAFETY ENHANCEMENTS,AND STREET LIGHTING)TO THE ADMINISTRATION. CARRIED. Campbell Mathewson (Seattle), Development Manager for Century Pacific, expressed support for the City's efforts to obtain local revitalization financing for the Port Quendall revitalization area. He noted that the Quendall Terminals site is currently an EPA Superfund site, and remarked that it is Century Pacific's hope to run the prospective clean-up plan concurrently with any development opportunities that may arise. He indicated that the preliminary redevelopment plan for the site includes 650 residential units, 200,000 square feet of office space, 20,000 square feet of retail space,and a couple of restaurants. Mr. Mathewson cited Carillon Point, the Riverfront in Portland, and the redeveloped Tacoma waterfront as examples of what could be developed at the Quendall Terminals site. He stated that in this economic environment this new economic tool is the kind of impetus necessary to spur development in the area. August 10, 2009 Renton City Council Minutes Page 239 Rich Wagner(Renton) remarked he is a Fellow in the American Institute of Architects, was a long-term member of the American Planning Association, and is a City resident. He stated that he lives in between the two proposed revitalization areas and his remarks are not site specific. He encouraged Council to take advantage of the new local revitalization financing tool. He also urged Council to be stewards of the money the City receives, noting that most of it comes from taxpayers. Mr. Wagner also remarked that these particular sites have property owners, key stakeholders, and residents that are excited about the redevelopment opportunities. He opined that without citizen support the redevelopment projects are just theories. MOVED BY PARKER,SECONDED BY ZWICKER, COUNCIL CLOSE THE PUBLIC HEARING. CARRIED. (See pages 240 and 241 for additional information regarding this issue.) ADMINISTRATIVE REPORT Chief Administrative Officer Covington reviewed a written administrative report summarizing the City's recent progress towards goals and work programs adopted as part of its business plan for 2009 and beyond. Items noted included: Several members of the City Council and staff met with representatives from the Washington State Auditor's Office on 8/7/2009 to receive the results of their audit. The audit found no findings and no management letters, and the report will be posted on the City's website when it is finalized. Last week the City Council was presented with information regarding the City's second quarter financial report and preliminary revenue estimates for 2010. As a reminder,the negotiations between the City and its unions are ongoing and any 2010 salary and benefit increases are unknown at this time. AUDIENCE COMMENT Arland "Buzz"Johnson (Renton) displayed a photograph of a hanging flower Citizen Comment:Johnson- basket taken in Lake Oswego, Oregon. He commended the City for taking steps Hanging Flower Baskets to reduce the budget, but remarked that flowers are a way to attract people and businesses to the City. He also suggested that the City encourage merchants to pay for their own flower baskets. CONSENT AGENDA Items listed on the consent agenda are adopted by one motion which follows the listing. Council Meeting Minutes of Approval of Council meeting minutes of 8/3/2009. Council concur. 8/3/2009 CAG:08-201, Liberty Park Community Services Department submitted CAG-08-201, Liberty Park Ballfield Ballfield Lighting, Service Lighting; and requested approval of the project, commencement of a 60-day Electric Company lien period, and release of retained amount of$11,323.07 to Service Electric Company, Inc., contractor, if all required releases are obtained. Council concur. Fire: Emergency Management Fire and Emergency Services Department recommended approval of an Performance Grant, WA State agreement with the Washington State Department of Homeland Security for Military Department, Budget Emergency Management Performance Grant funds in the amount of$109,696, Amendment and approval for appropriation and expenditure of the funds to support the emergency management program. Council concur. (See page 241 for ordinance.) Lock 4eut+ 1tt1' ipi \genda Item No.: if• FWVIIM COI RENTON CITY COUNCIL MEETING PUBLIC HEARING/MEETING SPEAKER SIGN-UP SHEET (Page 1) CITIZENS MUST PROVIDE NAME AND ADDRESS IN ORDER TO BE CONTACTED OR TO BE A PARTY OF RECORD WHEN APPROPRIATE DATE:40*CA PLEASE PRINT 5 Minute Time Limit / '7 5 / Name: l h ,// -e. Name +/ tel/ ()I l ew5o r) Address: //// C421e n Aloe- el Address: ( �i 3 i_v_t ' I6cf& /J C.,-vii ,.c,%( City ,c,,7 1 rh din Zip Code 92'2-7_3 City S'S ;?(,, (n'A Zip Code Vic) / Topic: Zr/4r/,e:-. by Topic: /4CJ Re v, ;2Filow 4�c�jvy %✓ Name: pc L-A C���� f /� 6 Name: , ( / Address: I43Z l - 4°41 4- Address: 24(t °( . N" City 2-e-A Zip Code ) '°-S City Zip Code 7O---)-- , Topic: L,o cc., ( 7t`'' ( L z,.._4w./ Topic: . 3 7 ki Name: (-- -'=---ti►14 44V N.) Name: Address: ( 3 i 3 No- 3b -i-o-- 5.-5 Address: City Ni Zip Code (AM— City Zip Code Topic: M, ] 0 2� �-�_ Topic: / /� 8 --/ Name: A a-/`D h ¶ / �'`'Y Name: Address: 1100 We: L(d s-c. Address: City g e Ht2 Zip Code L goSb City Zip Code Topic: io..t . Quewc a 0 itZ. 4_ Topic: (CONTINUED ON REVERSE SIDE) •' ri+ lIts+IV 1 / 33 6 (Continued from Reverse Side - Page 2) ik h1 �ono• RENTON CITY COUNCIL MEETING OP PUBLIC HEARING/MEETING SPEAKER SIGN-UP SHEET r' CITIZENS MUST PROVIDE NAME AND ADDRESS IN ORDER TO BE CONTACTED OR TO BE A PARTY OF RECORD WHEN A iPPROPRIATE PLEASE PRINT 5 Minute rmck03 VIA 9 13 Name: Name: Address: Address: City Zip Code City Zip Code Topic: Topic: 10 14 Name: Name: Address: Address: City Zip Code City Zip Code Topic: Topic: 11 15 Name: Name: Address: Address: City Zip Code City Zip Code Topic: Topic: 12 16 Name: Name: Address: Address: City Zip Code City Zip Code Topic: Topic: f utd S ili 50 y,, , ,,, ,� Local'Revitalization , ha,ter �,Lawb4�9) F Financin ,,-, i An economic development tool dim , a business:actiutty' to build for the future ?�` -"Ai' ease jobs A ; Mate the redevelopment of inner citie Public Hearing: 8/10/09 ` brownfields end blighted areas 1. rover the cost of housing Department of Community '„- promote efficient land use &Economic Development I 3 r2 09 State Legislation 'r,:-.- LEIMiSiii!III �\P y I Tonal tool far flnalcin�l�4 R tttittUrr t'rat cltldi ,Oit- a rgrowrxo.certain statte �r tjt in NoC infras r . re whe es in a,spit-Med RevitalizapOp , 5� j`as k r esult zit local pubild lriiprove ie� (tca o ernrnetit.can der tlnstrate s use of incremental local tax revenue t e d returns to the State N forlocal public improvements in RA , a \ i \ +Tides a.liinited amount pf state furicling tea .. ease Washington's com etitive m ay for public improvements as ion as the i 9 p t sa io at match and anticipated growth in-stag ``'"" s 4' trey n�ues.that equal or exceed the state t Alai other states who use Tax Incre RF '' lnancing (TIF)to attract business ;: c r ution ; h t is Local Revitalization 09 State Legislation, contrt - .:,,financing? == t?-e! of 0 nts U s s e1615fflent of area In rte rrdg`es, tajli sidewa is Iiaec ance:completed midst gerneratd 4 . G ater'and sewer systems,utility enough"'increases in state-and local ' ltt fastructure 's'1esJuse revenue and/or state and local ' ' Parking facilities, recreation areas yF property tax revenue to meet the.. n` . •, vironmentai remediation i kit,',F,,,,',, Ie'chanism requirements 4 ; Local Revitalization Financing 1a : Local Revitalization Financing 101.,- logo lie .....:::::::;,:,,,7,,,, tin nation Ri list Of i rikifleii ins is M aries t ro11a eui hl an Count tlnvers� pkace 7dc4n1c Br y b `Banco ythOkane) aKIitA " ,, i sea side i r de wh•it public lq rovemer`its wti.z ,,,,-.; �... - -..` a notces tt otter iocai.g0vern s ah lo (�•iying on a first cti ,ti� Y led klasi y, •^ i districts who may take action t4"opt Otr bs accepted by state Department of Reven _ ,..` i�ounky,�ipcluding Ferry and i<i0,uitCiisf kie"gi"€si3ihq 5/i/05 4 ` Pied Seattle have already opted"out for fie $2.SM(year set aside otentlal RAs) Maximum award amount is$SOAK per year per proj �'Publish"notices a. May.impose state-shared utl tax be inning ssuocti�a5 :Enter in to contract or obtain letter(sj of itStent t .-, 3,.long as general obligation bonds have been Issued develop in the RA from private deveioper(s} Appticatton not yet available(expected a/i5/Og} ma` s /-:i\-\\" ®placation Process for LRF pplication Process for LRF, cowi�: befcst 1 � ,$. , 4 ,\„, ,<, �z Aft €t ex�pe• d gUou � Hint tax ie n trdrn• withi iti a a'9 ' 3: ". ptvements 414, ,vat `deveiopmen �fr1t wement �tlst b ate;, e` rriine the rate of the LRF tax that t cannot prise more than a of tied t aSsessed value di ,0 able r at prep ttbp hearing to establish RA(s)s 8/1UJQ pity ordlnance(s}designating the RA ark k ',"undaries maynot be changed for roll • pecffying the proposed improvements-Tauhira sing forrrojects 3. 4t8 PA(s) plication Process for LRF, cony is itatiotns on RA Boundary ti ' n�ltisio _ g rt • ,"Rx yy.'^y� xtki,y 4 '41 Ste'.,• ai • , ,, wataNwps ! G ltai v"�! • - ` t t credite i . , ctl.a!i ,oal t A i s ate sty tis=tax YItI'kr� d R rid use tax ,g Um tax Lodging tax}�` a4.i-dinance rr1LsC be adopted ti ab sh f `` ;effective•date cif LRF tax ` 3'ntage awaunt of distributions q Tax wili Cease on earlier of � , � iced far flay Forman a aud► 6 ads are retired .is imposed jurlsdretion-wide.. bu i ,`s? +25`years(mini when tax is first imposed= \\: ,a Cox " t to contribution is lesser o€. $5041K or 0loal matchft ate-shared Local LRF Tax .: Lo of Matching Funds/LRF Ta Al /mom ,r1",v1,:,. .„.0q( t e ayc3 [fin to -" r .,°, �\ g iE Lai "Roll' -r �s ..angton •Y� i fort Quendall • , , _" Hawks.Landing/Pan Abode; Barbee lit[, _, 7. '',.. N: z Qt:tendall Terminals •' ,•T•wo Potential Revitalization Areas i • ¢;.in:�,Renton ;\F u: z t .,,-! k r tif.Pa Av0�tue``iiorth frol� tv�: ,y¢ ( ::,> ukhpcartpment(a{pto sx" -_ li `` ation and er roadway improvel 5 l r*Avejlue i.ith at Park Avenue'(a ' ortZ-C • M nds.to Tfhe Landing Trail(approx.$2'.iYtft. Uer Ball • • � �` p '--' ke Washington Boulevard corridor improve tjit ' r� w �„ #° , x approx $5 million) wit► . r. .s, Water and sewer system upgrades(approx.$2 5\ 6 _..; million) F s Bus Rapid Transit facilities and 700-stall transit s 04fir04t#1 parking garage(approx.$35 million) f ,,otential Public Infrastructure , m� ' > .: 'Projects — South Lake Washington f` $>Sf l z fCQ e19 StBndF�r+tr �\ p�i[ ft a 0 -, e i R a; trla of lit \riwinwame ti a rq �i •sp •f•4 LcrcaF �at10>w Finartcircc n a�e gtgt ttir n° dlhg att ex to be fundedl iy.project develn „„ :,, yyyf 4f MaY eel Tt tk{.a(iprux $ Ion} x rii utheropplieiprivate f ritq 92 ,, tvew�reservoir arid-water ands er systei y ouid consider dedicating a orfion of excisefsa s ta. impf vements(approx. (approx. _ ;\\art :property tax revenues,together with other.spcirc *Recfatmed water facility(approx.$&miltid%p 'nod of up,t 2S ears Putttic amenities,including.the potenti� a y '' '� ttiuCti as 3-5 acres of waterfront habita $o tilt€ple opportunities to"opt out"of LRF after application public open space,trails,and potential plaza(s) Cepting status,bonding process,ordinance to impos \ ii}5d'fundin for maintenance of these are state sharedlocal LRF tax (approx.$40 million) •u :Significant public process and stakeholder work on all of rE .-the public improvement projects Potential Public Infrastructure Projects — Port Quendall important Clarifications • • ,al u1'or Re1rsf. a\ ?ubiia hearing rr1omrr< a report ;eadline to i ep bl f evefs ,0 ', \pt o Revenu itas 6t,da -r apprau q rti I i f1t ofCommunity & tart prove apptccalians 3 p lice ions thatare not approved as a suet 3• C3 v lapmo-nt: 425-430 65 or \\ ��1itecl state funding.wili be"kept in a sdaleestey rentonwa goy �v, queue forfuture state funding,if availab ' �� f awarded, issue general obligation bonds tleri'adope ordinance to impose state shared L1 sale's/use tax when projects proceed fiat's Next? estians? . ......... :,�...m.. ....... .................. m .... ._.. ...m....___.. .. • &au- Alajum-1 8- From: abelenky17@gmail.com on behalf of Aaron Belenky[abelenky@alum.mit.edu] Sent: Monday, August 10, 2009 3:58 PM To: Rich Zwicker Cc: Aaron Belenky Subject: PH 8/10 Revit Funding I want to give you a preview of some of the comments I'll be making at tonight's meeting. In brief, I am opposed to the Port Quendall area as drafted because the area is tailored to provide improvements to multi-million dollar homes, while neglecting basic city functions of a nearby middle-class neighborhood. My draft comments: The R.A. proposal for Port Quendall has two significant issues. The first is at the South-East corner of the proposed area where Lincoln Ave separates from Monterey Pl. This section of the map is just barely outside the proposed R.A., and is a middle-class neighborhood with mid- priced condos and modest single family homes. The area has a school bus stop, and sees many pedestrians, dog-walkers and bicyclists during the day. It also has an uncontrolled intersection and several sharp corners in the road which has contributed to some serious accidents and many near misses. The road also has a single, dim streetlight, and despite ample and convenient street parking, many of my neighbors will not park their cars here due to frequent car prowlers and break ins. This area is in need of traffic and safety improvements, such as stop signs, lamp posts, and road work, but appears to have been specifically gerry-mandered out of the Revitalization Area plan. The second area that concerns me is the Barbee Mill development at the South-West corner of the R.A. area. This brand new development advertises high end luxury houses between $1 and $3 million dollars, and describes itself as "sophisticated lakefront living". This area is in NO need of revitalization, yet is inexplicably included in the Revitalization Area. The original bill, 5045, describes "creating jobs, stimulating the redevelopment of brownfields and blighted areas, lowering the cost of housing, and promoting efficient land use." The Barbee Mill area meets absolutely NONE of these criteria. This is high end luxury housing, and this R.A. proposal appears to be a clear attempt to use public dollars to add luxury improvements to millionaire housing, while neglecting basic traffic and safety improvements of a nearby middle-class neighborhood. I am specifically asking that the R.A. be extended to cover Williamsburg Condos, located at 1800 NE 40th St, and the nearby roads, to provide basic services here, and that the costs of these improvements can be more than covered by excluding the millionaire neighborhood of Barbee Mill. -Aaron Belenky 1800 NE 40th St. Apt. H-4 Renton, WA 98056 206-235-2651 abelenky(&,,alum.mit.edu i On Thu, Jul 30, 2009 at 8:25 PM, Rich Zwicker<RZwicker c@rentonwa.gov> wrote: Hey Aaron! Here's what I found. We're still looking into how to make sure that these are timely posted AND easily found. Thanks for bringing it to our attention. Rich Zwicker, Renton City Council From: Bonnie Walton Sent: Thursday, July 30, 2009 4:49 PM To: Rich Zwicker Subject: PH 8/10 Revit Funding Attached is copy of the 11X17" posters that went up in the areas for the referenced hearing. On the City Website, if you go to the Public Meetings page at http://rentonwa.gov/news/default.aspx?id=3070 and scroll down to August 10, you will see the hearing summary, which includes a link to the full text. The full text legal ad will be in tomorrow's newspaper, too. Please let me know if you need anything else. Bonnie Walton City Clerk, x6502 2 ads New `'°46/a,t1 /J '7 �aa? DEPARTMENT OF COMMUNITY City of & ECONOMIC DEVELOPMENT erat0n MEMORANDUM DATE: August 10, 2009 TO: Randy Corman, Council President CITY OF RENTON Members of Renton City Council AUG 1 0 2009 CC: Denis Law, Mayor RECEIVED Jay Covington, Chief Administrative Officer CITY CLERK'S OFFICE FROM: Alex Pietsch, Administrator STAFF CONTACT: Suzanne Dale Estey (x 6591) SUBJECT: Local Revitalization Financing Letters of Intent and Support Attached are letters we received from private developers who intend to develop properties within the proposed Revitalization Areas which are proposed as part of the City's potential pursuit of Local Revitalization Financing. We also received several letters of support from other major property owners in the areas and the Renton Chamber of Commerce, which are also attached. Please let us know if you have any questions. h:\ced\city council\committee of the whole\2009\local revitalization financing support letters 8-09.doc DEPARTMENT OF COMMUNITY D City of Y=`. & ECONOMIC DEVELOPMENT - tratara MEMORANDUM DATE: August 10, 2009 TO: Randy Corman, Council President Members of Renton City Council CC: Denis Law, Mayor Jay Covington, Chief Administrative Officer FROM: Alex Pietsch, Administrator NyvfstO STAFF CONTACT: Suzanne Dale Estey (x 6591) SUBJECT: Local Revitalization Financing Letters of Intent and Support Attached are letters we received from private developers who intend to develop properties within the proposed Revitalization Areas which are proposed as part of the City's potential pursuit of Local Revitalization Financing. We also received several letters of support from other major property owners in the areas and the Renton Chamber of Commerce, which are also attached. Please let us know if you have any questions. h:\ced\city council\committee of the whole\2009\local revitalization financing support letters 8-09.doc ALPERT INTERNATIONAL August 3, 2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: As the principal developer of the Hawk's Landing project in Renton, I am writing to extend my enthusiastic support for the City's pursuit of Local Revitalization Funding under SSB 5045 — Chapter 270, Laws of 2009. As you know, Hawk's Landing is a planned mixed-use development located on an eight acre parcel perched just above Lake Washington, within the proposed Port Quendall Revitalization Area. We are working on an exciting redevelopment plan that, in its first phase, will result in construction of a 173-room hotel. Future phases will include several hundred housing units, as much as 600,000-square feet of professional office space, as well as associated retail and restaurants. When completed, thousands of people will stay, live, work and shop at Hawk's Landing and the project will generate millions of dollars a year in new tax revenue for the City of Renton and the State of Washington. While our vision for Hawk's Landing is exciting, there is a significant amount of public infrastructure necessary to facilitate this redevelopment. Public investment in this area is essential if we are to move forward. To that end, I welcome the City's pursuit of Local Revitalization Funding and pledge my full support to working with you and your team to bring about redevelopment of Hawk's Landing. Best regards, Alpert International, LLLP The Alpert Group Inc., General Partner Spencer Alpert President 10218 Richwood Ave NW www.alpertinternational.com Seattle WA 98177 206-708-1211 CENTURYPACIFIC, L.P. C Al�ll ELL MATHEWSON EXECUTIVE VICE PRESIDENT August 4,2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: As the re-development representative for Altino Properties and J.H. Baxter, owners of the Quendall Terminals property in Renton, I am writing to extend their enthusiastic support for the City's pursuit of Local Revitalization Funding, under SSB 5045—Chapter 270, Laws of 2009. As you know,the Quendall Terminals property is approximately 20 acres in size and is located on the eastern shores of Lake Washington, within the proposed Port Quendall Revitalization Area. For more than 20 years, our clients and the entire Renton community have envisioned redevelopment of the Port Quendall area. Previous decades of industrial activity have resulted in the United States Environmental Protection Agency ("EPA") designating the property as a Superfund site. The owners are now working with the EPA to design a clean-up plan. It is our hope that this clean-up plan could be implemented simultaneously with redevelopment. However, the cost of cleanup and the lack of necessary public infrastructure in the area have been significant hurdles in our efforts to bring this parcel to the marketplace. We are currently working on an exciting re-development plan that would result in more than 650 units of new waterfront multi-family housing, more than 200,000-square feet of office space, associated retail and restaurant space, as well as several acres of shoreline restoration and public waterfront access. Essentially, we will be enabling the creation of an entirely new waterfront community—one with housing,jobs, and recreational activity—on property that lies fenced and fallow today. As soon as construction begins and for every year thereafter, the redeveloped Quendall Terminals will generate millions of dollars in new tax revenue to the City of Renton and the State of Washington. While the owners' vision for Quendall Terminals is exciting,there are many challenges to realising this vision. Public investment in the development of infrastructure in and around the REAL ESTATE INVESTMENT BANKERS, ADVISORS AND DEVELOPERS 200.757E3893•FAX 2O6: 77890•cmathewsonadwtcom •SUI I L 1680•120I TN!PD AVENUE•SEATTLE.WA 98;OI-3O29 Quendall site is essential to our ability to move forward. That is why we welcome the City's pursuit of Local Revitalization Funding and pledge our full support to working with you and your team to bring about redevelopment of the Quendall Terminals property. Please do not hesitate to contact us with any questions. Sincerely, Campbell Mathewson Cc: Alex Pietsch Suzanne Dale-Estey SECO DEVELOPMENT, INC . 1083 LAKE WASHINGTON BLVD. N • SUITE 50 * RENTON • WASHINGTON • 98056 TEL: 425/282-5833 • FAX: 425/282-5838 August 3, 2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: As the owner and developer of the Southport project, I am writing to extend my enthusiastic support for the City of Renton's pursuit of Local Revitalization Funding, under SSB 5045 —Chapter 270, Laws of 2009. As you know, Southport is a planned mixed-use development located on Lake Washington, within the proposed South Lake Washington Revitalization Area. We have already developed 400 multi-family units as the first and second phases of this project. But, we have been working since 1999 to realize the project's full build out, which will also include 750,000-square feet of professional office space and a 350-room waterfront hotel. Once completed, Southport will be a wonderful home to hundreds of people, an exciting place of work for thousands more, and a destination for tourists for many years to come. In addition, Southport will generate millions of dollars a year in new tax revenue for the City of Renton and the State of Washington. While our vision for Southport is exciting, there is a significant amount of public infrastructure necessary to facilitate this redevelopment. Public investment in this infrastructure is extremely important for us to move forward. To that end, I welcome the City's pursuit of Local Revitalization Funding and pledge my full support to working with you and your team to establish the South Lake Washington Revitalization Area. Sincerely, (Z. Michael Christ Principal • 1.` RECEIVED S A , .TL AUG 03 ZIKS SEAHAWKS MAYOR'S OFFICE TOD LE€WEKE July 31, 2009 CEO Mayor Dennis Law City of Renton City Hall 1055 S. Grady Way Renton,WA 98057 RE: Revitalization Funding for Port Quendall Dear Mayor Law: The Seattle Seahawks are proud of our new Virginia Mason Athletic Center on the shores of Lake Washington. What was once a brownfield site under the jurisdiction of the State of Washington Department of Ecology, has become an iconic symbol of revitalization in the Port Quendall area. The Seahawks are keenly interested in seeing the continuing development and upgrade of the Port Quendall area infrastructure. The value of our project and the experience of our fans and customers are directly impacted by quality of the infrastructure around us. New and upgraded infrastructure will promote new development of currently under-utilized or vacant properties in the area. The Seahawks stand in full support of the City of Renton's efforts to obtain revitalization funding for public infrastructure in the area. Sincerely, 411134 To. eiwe'- Chief Executive Officer Virginia Mason Athletic Center 12 Seahawks Way Renton,WA 98056 425.203.8000 ydwwseahawks.corn W F.LANDING August 3, 2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: As owners of The Landing, a 607,000-square-foot retail, dining and entertainment complex within the proposed South Lake Washington Revitalization Area, Harvest Partners supports the City of Renton's pursuit of Local Revitalization Funding, under SSB 5045 — Chapter 270, Laws of 2009. We are well aware that significant additional redevelopment is planned for the South Lake Washington area. We also realize that construction of additional public infrastructure will be essential if these projects are to move forward. Please let me know how Harvest Partners can be of assistance to you and your team as you work to establish the South Lake Washington Revitalization Area. Sincerely, Eliot B. Barnett Principal 8070 Park Lane • Suite 100 • Dallas TX 75231 • Phone: (214)369-0860 • Fax: (214) 369-0991 • CO \ \ EBJ H OMES August 5, 2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: ' As owner of the Barbee Mill development in Renton, I am writing to extend my enthusiastic support for the City's pursuit of Local Revitalization Funding, under SSB 5045 —Chapter 270, Laws of 2009. As you know, Barbee Mill is a new residential community located on the shores of Lake Washington within the proposed Port Quendall Revitalization Area. We are excited about the planned redevelopment of both the Quendall Terminals and Hawk's Landing sites and are certain that once completed,they will bring about significant additional economic activity in the area. As an experienced developer, I am also aware that public investments in infrastructure are becoming more and more essential to bringing about large-scale revitalization projects such as these. I welcome the City's pursuit of Local Revitalization Funding and pledge my full support to working with you and your team to establish the Port Quendall Revitalization Area. Sincerely, I. Charlie Conner President ♦h\ � tott�i ) 846 108th Avenue NI; 13cllcvuc,Washington 98004 425 455 9280 tirirn:cunnerhomc..com RENTON• CHAMBER OF COMMERCE YOUR FIRST CALL RESOURCE August 3, 2009 The Honorable Denis Law Mayor, City of Renton Renton City Hall, 7th Floor 1055 South Grady Way Renton, Washington 98057 Dear Mayor Law: The Renton Chamber of Commerce strongly supports the City of Renton's pursuit of Local Revitalization Funding, under SSB 5045—Chapter 270, Laws of 2009, for the South Lake Washington and Quendall Terminals areas. Construction of additional public infrastructure will be essential if projects on these properties are to move forward. These projects will help stimulate business activity, create jobs, and catalyze the redevelopment of blighted areas. Please let me know how the Renton Chamber can be of assistance to you and your team as you work to establish the South Lake Washington Revitalization Area. Sincerely, Bill a or President & CEO 300 Rainier Ave N • Renton, WA 98057 • 425.226.4560 • fax:425.226.4287• email: info@GoRenton.com • www. GoRenton.com y ,'. L rcai Revitalization � -, - 40 Ana. Financing �� An economic development tool to build for the future Committee of the Whole Briefing: 8/3/09 Department of Community & Economic Development 1 Substitutef Sen t° Bill 1504Wi O4 Chapter In!ent and purprse: * st rnulate business aetivity �hetp create jobs ` stimulate th redevelopment of inner cities, larownfietds°and blighted areas • lower the cost of housing • promote efficient land`use - .2009 State Legislation 2 N Intent an purpose, continued: provide l cal o�rernments wit �an G ' ddit onal tool` for financingF,local fr str iactu e that ncludes"a states gin' w. ,, investmentn localinfrastructure wh r loca ov g ��rnment can demonstrate the exxxxpected returns to the State (Increase,,,4‘,1 T,,.,. // qky, Washington's competitiveness � f with other states who use Tax Increment Financing (TIF} to attract business 0 F i009 State Legislation, cone. • State wants to use public infrastructure investment to draw new industrial, commercial and/or mixed-use development that otherwise would not have come into our state or businesses that we would have otherwise not been able to retain in our state BUT FOR the infrastructure investment that incentivizes them. • Under these programs we use public infrastructure investment as a catalyst the same way other states might just use more direct funding — to retain or bring in new development that otherwise wouldn't be there. 3 4..r w *f1 3. Qf ta6lncr 'me'I.1� 1C1 1g �F� �� ti es growt�fof certain st and loco taxh n ev n s 'a specified "Revitdit ation Area" Y.: BRA) as a result of local public ii pr©vementst �Ai1ows use oftincrernental local tax revenues to pay for local public imp rovemens in RA • Provic�es.aiirriited amount of state funding to pay for public improvements as lancce� as there is a locaLF i' atch and anticipated growth in state `,revenues that equal or exceed the state contribution What is Local Revitalization (Financing? 4 , oil,':.,.-1,1.::'::::'..'''...!::,',,,,ii';,,:.-;..,:iiiii11:4!,111:1'.:".."..!..:;;'..„.;:,,,..,;,-,,,!,,,:,,,,,...;1,...i„,;::-1.•:.,,,I.;;o.'":1:,,,.:.,Ii:.iihill'i,,,f,.;gra„ ffal public improvement must .;1 e coutage private devetopm r t or *w x r",:lli,11,04,1)„,11„;:i1:1,:!:1 redevelopmen of area in need * projects onc&completed must generate giiglitfenougt increases in state and loeal sales/use revenue and/or state aid kcal prbpe�rty tax revenue to meet the funding mechanism -requirements :Local Revitalization Financing C� . 5 NNW „iw t s;opublic Irn rovements can •, fi n (? , , 4 ;.£ k '' '' '''..! ,i,,,:::::::47::! 'Roads, bridges, rail sidewaiks,,s stree thghts i • �� Water and sewer syste• ms, utility i nfrastructu ro Parking facilities, recreation areas <� « Environmental remediation Local Revitalization Financing 101 6 pi for sate funding ARE . .. }� / y p� (c /y{7 p p jay { { �jj don ,V.{f'�to ploe t ifs o p»ecifiw '...it r-vorn [ i11tn1a CC}ul1ty UniversityI�Iace, 1l�Cif ma, Bre ert ti l ubur artEcruver, Spokane) a e ▪ $2 25M f year set aside I9 Awards are'$200-5Q0K Fero eets a I in on a first come, first served basis pp Y 9 • Applications accepted by state Department o Revenue •• beginning9/ %Q9 • .5M/year set aside • Maximum award amounts $500K per year per pro ect� • May impose state-sharedLRF tax began ng'`7/12£; ias tang.as general obligation bonds have been issued • A lication not et available ex ected $jis/tj9 pp Y E p ) Application Process for LR1= 7 §'4piication '-..'4,,,,,',.,-,,',i,,,.,-,,s" before Applying forR velop boundaries for proposedRevitahzatron Areas) (RA)✓ pcide fiat public improvements will be proposed for financing * Provide notices to other local g vernments and to ng districts who may take action,to v '-"opt Q (icing County, including Ferry andFlood Districts; Port of Seattle have already opted out far Rentan's potential RAs)Publish notices Process for LRF coat"d 8 „vmE xz � � \ate t step to eke Lfefore ipplying fo J!' \ ) end Enter to contract or obtain lette7(s) of rote o $41 tdevelc th theRA from rivate de Glop er s Estimate the expected state andlocal incremental tax revenues resulting from pblic'improvmnts and private:development > Determine the rate of the LRF tax'that is needed Public hearing to establish RA(s): 8/10/09 > Adopt ardiriance(s) designating the RA(s) and specifying the proposed improvementsmen within.the RA(s} Application Process for LRF, contrd 9 r � 5 P Rev talizatton Areas(RAs) . [rust have contiguous'tracts; loins, pieces# or .'-''T‘,- parcels"af land,without c satin istattds g • Rublic improvements must•be located it RA '„'I''.t,'.i,„.-irl',,,,''-i',;:':t";,:',o'''.„,A':':',,:A :',''.4.,',,2,.,,,:,-- Cannot comprise more than 20' of total assessed Value of taxable real property•wftj ,--'.:,-,,i-:--::''4-, the City .-'.:'',‘.,i,: Boundaries may not be changed for curator of' financing for projects mi ations on RA Boundaries ,3 A 10 Alec anisrrk ,cc receiving state ce n 11butt hou long r posed. i!t:!1'iN'.'.].!,,:-,-4::.,'„:„i'Ii„;,,1,,.,;','1'::1',;':,----'.-„.,-,'e„'.'2,.',',,,'':.'.c-,;,:,,•,-'):„!•'',-•„.,.,,„„.'•K,,7•-L:;,'„,;,,„,,.„„',;'''„-,,'-,:,„„-,;.,,,44,,",'.,,:•-,.*'s.„,,=',',•t,:,,,„-3,4i'..a-:.,•'.,,-,.'.,„0•,':',,,i:; Gthor ty to impose new local saJ use to c Iocal,L1Fi • tax" that is credited against state wsaleanc use tax Local ordinance must be adopter 'to establish rate, effective date'of LRF tax • LRF Tax will cease on _earlier of • Bands are retired M, • 2S years from when tax is first imposed `• State contribution is lesser of: $SQQK or y less; local match State-shared Local LRF Tax 11 , f Ra a n bar no gcat � than - -:'''''', '1',T)i..111; j[���ry.+/w�� av Y [[ her ey�� Q &g L red]j{,e(,�[ r: X 9 Z[\; j[, ✓f • pteT if ali ot1�er to al t krts c eV ited V�g�{- V.\ the sate sates%use tax within the RDA sucht �StacUum taxes, Lodging tax} . • Percentage amount of distributions (:16%) required for performance audits x 6:S /o 4 •Tax is imposed jurisdiction-wide - but is not a new tax Local Matchn Funds LRFa 9 12 :::9-'''l'g-'''i1'l'-7:'"t7''''':'-''A'::'!'''Z''::'"IL:-:''S'cI:•i'':''"''-"•:•^.:.."-.".':.'1':9'.•'"'-':':1;'';-i-.i''-''."'4i.i''kNi"1il$•.1.'"1i"':::°::'i1.t1.':,i.,r,:'i::'1.".::.:::::".!,:::I1'114J,q':::I5i.'--i.il3'Ili'ikl-'l''''':'' rke jshtoi ? i! ! 1'' uthpprt/SECS deyelapptent; h ii Landing; Being surplus pr©perty s©uth e T e andtnC ?ortQueindall: ,,--:::!"-:::,,.:::,.:::-.,-..,....:.:.,.:::::,:i.,:::.,::":.::.,-,,,,,,: Hawks Landing/Pan Abode, Barbee Dill, Quer da terminals Two Potential Revitalization Areas `in Renton 13 : 4• South La@ R?A • • qE y 14 PI! „�( �[cRas zn� \ ,, e te,�, o a � a Y Port Qt + 1'1da11 , IAAsue;,- ,,,,,...,,,,,.4.,,,,o ,,,..,,,,,-,;,- ,.....,:trivoiibli, ,;,q y„ ° ale i sy�sy � 5 i4 i�' ¢4 ¢ a i'S `l Eiv ;a ais'�v 15 • EEC ens�o� `Park Au Ue north from Tl Landln Nor • tithe uthpart development (appra S million)_ 3 ni 4 » 9annelization and other roadway mprovement � cn Garden Avenue Soutt at Park Avenue a iex x - • illinnp Highlands-to-The Landing Trail (approx $2 rn lllc r • LaakeroWashi gtonoBoulevard torrid r improvements water and sewer system upgrades (approx. $2.5 nlliort) • Bus Rapid Transit facilities and 700-stall'transit related parking garage (approx. $35 milling►) 10 Potential Public Infrastructure Projects - South Lake Washington 16 Re onstructior and rr� alr a • tion improvements en �� l_a e Washingto Boulevard and NE 44th (approx $`million} • l=ionta improvements along Sealawks• Way'and Lake Washington Boulevard, including an extension of:May creek Trailapprox $ million} New reservoir and water and sewer•system improvements (approx. $� million). • Reclaimed•Ovate facility (approx: $5 mil on) • public amenities, including the potential for as much as -5 acres of waterfront• habitat restoration, public open space, trails, and potential plaza(s), • • and•funin or maintenance of these areas �: (approx. $ O million) Potential Public Infrastructure rojects - Port Quendall It:I 17 7-d:i''.1'(t1.2.„111:-._-'1:I1,.„$:..,.;'','0',...:''‘''.''':.-,.,.,'..-;.e.'',,,1,,',r;.'.:'',,,4':,,l,,:',:,,',,,.''4-:g,,',*1'','.3;,,%,.-'.,...k:4"'4'-.',,:,,'',-.1,'1,*,.':',-.'*'•,,:-'-''.1''.''.''''',',1''''-,'''"'<<':,.'-,,-':'',5,--,.!s,,.,'',1',.,:''°. No new taxe1m taxpayer s standpoint , } Apprax 255C of total publr6 improvement costs will Ike ''''.',_'i,,i.,i--.i::,-'-•',','.,',';,,;:'',',.6',,,''.',:,-k'-,.,,,',.i- - in nced ll yyL,ocal Revitalization Financing if a tardedr remainder to"be funded by projectkdevelc pe sc potetral .: grants and other public/private f nt inc 3 • city would considerdedicatir g e pc rtion oflexcise/ales to :.aihd property tax revenues, together with ether sources, fo:z periodof up to 2.5.years *''multiple opportunities to"opt out" of LRF•after application -. acce atirig status,,: bonding process,"ordinance to impose ° state-shared local LRF tax :r Significant;public process and stakeholder wort on all of the public improvement projects Important Clarifications 6 18 • �ex�Steps�for Rents n's appl aeons > Publirhearing 8/Ib%09 5 eadl'ne to Dept. of Revenue 91/09 ;, Dept. of Revenue has 60 days to approve or . .' ' , disapprove applications > Applications that are not approved as a result' of limited state funding will be 'kept in a queueo for future state funding,'if available > If awarded, issue general obligation bonds then adopt ordinance to impose`state-shared LRF sales/use tax when projec :24'1;, ts proceed i 3 VWhat's Next? DOR will use these reports to verify in the year prior to imposing the LRF Tax that the state has benefited through increased tax revenues as much as the award for state contribution (this only occurs once). DOR will also use the annual reports to determine the threshold amount for the next fiscal year, which will be the lesser of the max state contribution ($500k) or the local match in the prior calendar year. I don't think the paragraph above needs to be in the presentation, but we should know the process if asked. 19 • zF fr ° ( • � a2 k • • as Department of Community & Econ©m�C Development; 425-430-6591 or 3 3 s sda[eestey@ rentonwa,gov ... Uesti . ons? 20 N 1 ❑ Local Revitalization Financing An economic development tool to build for the future Public Hearing: 8/10/09 Department of Community &Economic Development 2 E 2009 State Legislation 3 ❑ 2009 State Legislation, cont`d. 4 ❑ What is Local Revitalization Financing? 5 o Local Revitalization Financing 101 6 Ell Local Revitalization Financing 101 7 ❑ Application Process for LRF 8 ❑ Application Process for LRF, cont'd 9 ❑ Application Process for LRF, cont`d to o Limitations on RA Boundaries 11 ❑ State-shared Local LRF Tax 12 E Local Matching Funds/LRF Tax 13 o Two Potential Revitalization Areas in Renton 14 o South Lake Washington RA 15 El] Port Quendall RA 16 a Potential Public Infrastructure Projects - South Lake Washington 17 El Potential Public Infrastructure Projects - Port Quendall 18 ❑ Important Clarifications 19 ❑ What's Next? 20 ❑ Questions? 11 x 17 Text Only ' LOCATIONS OF POSTINGS FOR: Leveragii'v�•state funds for local revitalization financing byrtablishing"revitalization areas"(RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. The South Lake Washington area is generally located between the southern boundary of Gene Coulon Memorial Beach Park to the northeast, Lake Washington to the north, Logan Avenue North to the west, North 6th and North 7th Streets to the south and Garden Avenue North to the east. A map of the precise proposed Revitalization Area is available at www.rentonwa.gov. The Port Quendall area is generally located between Lake Washington to the west,the City of Renton boundary to the east,SE 76th Street(if extended)to the north and North 40th Street(if extended)to the south. A map of the precise proposed Revitalization Area is available at www.rentonwa.gov. 1. 1. 2. 2. 3. S 3. 4. 4. 5. 5. 6. 6. 7. 7. 8. 8. CERTIFICATION STATE OF WASHINGTON ) )ss COUNTY OF KING ) `,,Thr t�.\,.,� r o-nccau, \ ` I fjCk-rC\ 2- 1 e-v hereby certify that 1 v? copies of the attached notice were posted by me regardig the property described above on the +h day of IA \ , 2009. `� `' C�� Vr\C- C \ SIGNED its SUBSCRIBED AND SWORN TO BEFORE ME this day of 9“-ey , 2009. • SIGNED:co o i I .. Printed Name: Cynth.ia13.. In.oya 73O01 iz T, WQ/*)yJ W o - .c• NOTARY PUBLIC in and for the State of Washington, ,! �� Residing at Renton - My Commission Expires: 8/27/2009 oti` Y o� NOTICE ® + RENTON CITY COUNCIL " ,- PUBLIC HEARING ON MONDAY, AUGUST 10, 2009 AT 7:00 P.M. RENTON CITY HALL COUNCIL CHAMBERS 1055 SOUTH GRADY WAY TO CONSIDER THE FOLLOWING: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs),as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. The South Lake Washington area is generally located between the southern boundary of Gene Coulon Memorial Beach Park to the northeast, Lake Washington to the north, Logan Avenue North to the west, North 6th and North 7th Streets to the south and Garden Avenue North to the east. A map of the precise proposed Revitalization Area is available at www.rentonwa.gov. The Port Quendall area is generally located between Lake Washington to the west,the City of Renton boundary to the east,SE 76th Street(if extended)to the north and North 40th Street(if extended)to the south. A map of the precise proposed Revitalization Area is available at www.rentonwa.gov. For the South Lake Washington area,the City is contemplating the following public improvements,with corresponding preliminary cost estimates: • extension of Park Avenue north from The Landing to the Southport development(approximately$5 million) • channelization and other roadway improvements on Garden Avenue South at Park Avenue (approximately$3 million) • Highlands to The Landing Trail (approximately$2 million) • Lake Washington Boulevard corridor improvements(approximately$5 million) • water and sewer system upgrades (approximately$2.5 million) • Bus Rapid Transit facilities and 700-stall transit-related parking garage(approximately$35 million) For the Port Quendall area,the City is contemplating the following public improvements, with corresponding preliminary cost estimates: • reconstruction and signalization improvements on Lake Washington Boulevard and NE 44th (approximately$7 million) • frontage improvements along Seahawks Way and Lake Washington Boulevard, including an extension of May Creek Trail (approximately$5 million) • new reservoir and water and sewer system improvements(approximately$9 million) • reclaimed water facility(approximately$6 million) • public amenities,including the potential for as much as 3-5 acres of waterfront habitat restoration, public open space,trails,and potential plaza(s),and funding for maintenance of these areas (approximately$40 million). The City anticipates that approximately twenty-five(25%)of the above-mentioned public improvement costs will be financed by the Local Revitalization Financing(LRF)program, if awarded by the State,with the remainder to be funded by the project developers,together with potential grants,and other public/private funding sources. The City will consider dedicating a portion of excise tax and property tax allocation revenues needed, together with other resources,for a period not to exceed twenty-five years to match the amount of LRF funding awarded from the State to finance the above proposed improvements. Warning! All interested parties are invited to attend and present written and/or oral conifner ss.: -' Complete legal description&further information available in the City Clerk's Office_42,5,,,430-65 \- The removal,mutilation,destruction,or concealment of this notice is a misdemeanor punishable by fl'ne i and-iAlipi sonrie r.,� , ire J� -= `J - 1 1 \"\' C'4,._A::\ ( _ ! \ -1 /j LOCATIONS OF POSTINGS FOR: Leveraging State funds for local revitalization financing by establishing "revitalization areas"(RAs),as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. 1. Q E 51.9�h s} '`" � a--bn au � -e ,- .e. - ws s P Ii — ESonS5op 3. r 6. ! \i,D0. 16\VcX 1\)' - �e 1 m t� st lJ(Q rccy) 7. upth .4- --K�X3.�\t)Ofl. — SAP 1c , • 8. j.,1� Wcz- \vcl 4 �G3.74h54- "� 1.;34'' 1'9-6 CERTIFICATION STATE OF WASHINGTON) )ss COUNTY OF KING ) 11' ,•v 1 x,c0Af t 1\0\ hereby certify that copies of theettached notice were posted by me regarding the property described above on the hC ( day of �j kA-k1,( ,2009. SIGNED ' .4" i9 ,., V1, ,Q� SUBSCRIBED AND SWO .B this .1 day o - 2009. �,. Prir�e����• �` .. - Yam- , '- r'j&0 Vim` ylrUBUCinan r the St eof :',,,-,,1)W1Rill'ington,Residing at My Commission Expires: a aet6 4 Q\�Y 0 .:, ... NOTICE ��NTo� RENTON CITY COUNCIL PUBLIC HEARING ON MONDAY, AUGUST 10, 2009 AT 7:00 P.M. RENTON CITY HALL COUNCIL CHAMBERS 1055 SOUTH GRADY WAY TO CONSIDER THE FOLLOWING: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. F .�� 1, *l5q,,''„4:-.4,--,).,,,-,4 ,,!,'',tf4,,.., - 4,'___,A 1 *1,1 i , - ,,,,,„,,„..,,,,,,,,,,„,,,„,,,,..w.„ . , 'h.1Y bV 5 /. . j �//. ,,,, , -- i i / 2 �0,/SE 70`h St r -,6�1�,� `�is,3",t fi 3 t � jjj/j�h f/% S�-�tir 1st �;, =� NA) St l—C idir,11117111 a,. All interested parties are invited to attend and present written and/or oral comments. Complete legal description&further information available in the City Clerk's Office—425-430-6510 ! The removal,mutilation,destruction,or concealment of this Warning notice is a misdemeanor punishable by fine and imprisonment. LOCATIONS OF POSTINGS FOR: Leveraging State funds for local revitalization financing by establishing "revitalization areas"(RAs),as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. 1. ►Y__ _ te0. .0Va. -IL'`1 Sop @S• or* o-pA--s lo'b 1. Sty 2. \.'.- 3. � c5?4h &C IC- W C) 4. 1 5. 0 9A3-\ ..\- (6 mot_ S13 IA , 6. \x 7. N (Zish 4 enCvn 14,)15 ---1- SY) s. CERTIFICATION STATE OF WASHINGTON) )ss COUNTY OF KING ) I VA'.. rr- A' r -w t ` `khereby certify that •R copies of the attached otice were posted by me regarding the property described above on the1 ST day of lJk•1 A2009. SIGNED VA•4 ,. 1 sx— SUBSCRIBED AN D SWORN T© _ E this I day of ,2009. s' ` nY/ �` • yf PQA SIG`AED: \ • JOrrVe:1it acne: v� c • ,.1 QtARY PUBLI in and fort o•� is ` ..� .• c,'\13shington,Residing at ,art' nf: `+''4` "My Commission Expires: 1?"j'3'1 Iac)10 if + + WI NOTICE ��NTo� RENTON CITY COUNCIL PUBLIC HEARING f ON MONDAY, AUGUST 10, 2009 AT 7:00 P.M. RENTON CITY HALL COUNCIL CHAMBERS 1055 SOUTH GRADY WAY TO CONSIDER THE FOLLOWING: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. • 4 1'dn T„r n • ' i,,N _.,._, i'lr/ �t' II :4j; ;'f .., .,v,‘ `� t3\ ! Lu ii / ' ,— ,I \,,,i IN..m - /�� Ill'�. it 11 '/7(''' f':(K ; 4 ,,,, , J 1,8j �%��' i,. 11/11 All interested parties are invited to attend and present written and/or oral comments. Complete legal description&further information available in the City Clerk's Office—425-430-6510 The removal,mutilation,destruction,or concealment of this Warning ' notice is a misdemeanor punishable by fine and imprisonment. CITY OF RENTON JUL 3 1 2009 RECEIVED CITY CLERK'S OFFICE From: Noris, Anne [Anne.Noris@kingcounty.gov] Sent: Thursday, July 30, 2009 4:16 PM To: Suzanne Dale Estey; Bonnie Walton Cc: Klund@lundconsulting.com Subject: Revitalization areas -- Ferry District and Flood Control Zone District opt out resolutions Attachments: opt out Renton.pdf; opt out Renton.pdf Ms. Estey, I am sending my mail copies of the resolutions of the Ferry and Flood Control Zone District opting out of the two Renton revitalization areas. Copies are also attached to this email. I would appreciate your forwarding the resolutions to the correct person, if it is not you. Thanks. Anne Noris Clerk of the Council W 1039 516 3rd Ave. MS KCC-CC-1200 Seattle, WA 98104-3272 v:206-296-0364 f:206-205-8165 This email is a public record and may be subject to public disclosure Please consider the environment before printing this e-mail. 1 KING COUNTY FERRY DISTRICT King County Ferry District King County Courthouse 516 Third Avenue,Room W=1039 Seattle,WA 98104-3272 206-296-1020 TTY 206-296-1024 Toll Free: 1-800-325-6165 http:/lkinsgcountvferries.orgl July 30, 2009 Suzanne Dale Estey Economic Development Director Renton City Hall 1055 S. Grady Way Renton, WA 98057 Dear Ms. Estey: Enclosed is a copy of King County Ferry District Resolution FD2009-16, which removes the District from participation in the City's local revitalization area financing for Port Quendell and South Lake Washington. The resolution was adopted on July 27, 2009 and by its terms was effective on July 27, 2009. Sincerely, Anne Noris Clerk to the District Cc: Kjris Lund, Executive Director Enc. L43 KING COUNTY 1200 King County Courthouse 516 Third Avenue Seattle,WA 98104 King County Signature Report July 21, 2009 FD Resolution Proposed No. FD2009-16.1 1 A RESOLUTION relating to community revitalization fmancing 2 and removing the King County Ferry District from participation in 3 the City of Renton's local revitalization financing of two 4 revitalization areas,Port Quendall and South Lake Washington. 5 6 WHEREAS,Laws of 2009, Chapter 270(SSB 5045),Community Revitalization 7 Financing, authorizes municipalities to create revitalization areas to finance public 8 improvements with"local revitalization financing"; and 9 WHEREAS,the King County Ferry District has received notice of the City of 10 Renton's intent to create, on August 17,2009,two revitalization areas within the 11 jurisdiction of the District's taxing district; and 12 WHEREAS,the District desires to remove itself as a participating taxing district 13 and not allow the use of its local property tax allocation revenues for the City's local 14 revitalization financing; and 15 WHEREAS,pursuant to Laws of 2009, Chapter 270,the District must notify the 16 City of the District's withdrawal from participation and provide a copy of this resolution, 17 prior to August 10,2009; now,therefore 1 • FD Resolution 18 BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE KING 19 COUNTY FERRY DISTRICT: 20 Section 1. The King County Ferry District hereby removes itself as a 21 participating taxing district from the City of Renton's local revitalization financing in its 22 revitalization areas of Port Quendall and South Lake Washington, and directs District 23 staff to send written notice of the District's removal,with a copy of this resolution,to the 24 City. 25 Section 2. This resolution shall be effective as of July 26,2009. 26 FD Resolution was introduced on 7/20/2009 and passed by the King County Ferry District on 7/20/2009,by the following vote: Yes: 9 -Mr. Constantine,Mr.Dunn,Mr.Ferguson,Mr. Gossett,Ms.Hague, Ms. Lambert,Ms.Patterson,Mr.Phillips and Mr.von Reichbauer No: 0 Excused: 0 KING COUNTY FERRY DISTRICT KING COUNTY,WASHINGTON Dow Constantine,Chair ATTEST: Anne Nods,Clerk of the District • Attachments None 2 • - KITS COUNTA - 1"13. . ; FLOOD CONTROL D I S T R ICT King County Flood Control Zone District King County Courthouse 516 Third Avenue,Room W=1039 Seattle,WA 98104-3272 206-296-1020 TTY 206-296-1024 Toll Free: 1-800-325-6165 www.kingcountyfloodcontrot.org July 30, 2009 Suzanne Dale Estey Economic Development Director Renton City Hall 1055 S. Grady Way Renton, WA 98057 Dear Ms. Estey: Enclosed is a copy of King County Flood Control Zone District Resolution FCD2009-14, which removes the District from participation in the City's local revitalization area financing for Port Quendell and South Lake Washington. The resolution was adopted on July 27, 2009 and by its terms was effective on July 27, 2009. Sincerely, Anne Noris Clerk to the District Cc: Kjris Lund, Executive Director Enc. 1.41 KING COUNTY 1200 King County courthouse 516 Third Avenue Seattle,WA 98104 King County Signature Report July 27, 2009 FCD Resolution Proposed No. FCD2009-14.1 1 A RESOLUTION relating to community revitalization financing 2 and removing the King County Flood Control Zone District from 3 participation in the City of Renton's local revitalization financing 4 of two revitalization areas,Port Quendall and South Lake 5 Washington. 6 7 WHEREAS,Laws of 2009, Chapter 270(SSB 5045),Community Revitalization 8 Financing,authorizes municipalities to create revitalization areas to finance public 9 improvements with"local revitalization financing"; and 10 WHEREAS,the King County Flood Control Zone District has received notice of 11 the City of Renton's intent to create, on August 17, 2009, two revitalization areas within 12 the jurisdiction of the District's taxing district; and 13 WHEREAS, the District desires to remove itself as a participating taxing district 14 and not allow the use of its local property tax allocation revenues for the City's local 15 revitalization financing; and 1 • FCD Resolution 16 WHEREAS,pursuant to Laws of 2009, Chapter 270,the District must notify the 17 City of the District's withdrawal from participation and provide a copy of this resolution, 18 prior to August 10,2009;now,therefore 19 BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE KING 20 COUNTY FERRY DISTRICT: 21 Section 1. The King County Flood Control Zone District hereby removes 22 itself as a participating taxing district from the City of Renton's local revitalization 23 financing in its revitalization areas of Port Quendall and South Lake Washington, and 24 directs District staff to send written notice of the District's removal,with a copy of this 25 resolution,to the City. 26 Section 2. This resolution shall be effective as of July 27,2009. 27 FCD Resolution was introduced on 7/27/2009 and passed by the King County Flood Control District on 7/27/2009,by the following vote: Yes:7-Mr.Dunn,Mr.Ferguson,Mr. Gossett,Mr.Phillips,Ms.Hague,Mr. von Reichbauer and Mr. Constantine No: 0 Excused: 2-Ms.Patterson and Ms. Lambert KING COUNTY FLOOD CONTROL DISTRICT KING COUNTY,W GTO a Patterson,Chair ATTEST: Anne Noris,Clerk of the District Attachments None 2 From: Noris, Anne [Anne.Noris@kingcounty.gov] Sent: Friday, July 31, 2009 11:25 AM CITY OF RENTON To: Suzanne Dale Estey; Bonnie Walton Cc: Goldberg, Beth JUL 3 1 2009 Subject: King County opt out of revitalization areas Attachments: 16614.pdf; 16613.pdf RECEIVED CITY CLERK'S OFFICE Ms. Estey, I am sending my mail copies of the King County ordinances opting out of the two Renton revitalization areas. Copies are also attached to this email, I would appreciate your forwarding the resolutions to the correct person, if it is not you. Thanks. Anne Noris Clerk of the Council W 1039 516 3rd Ave. MS KCC-CC-1200 Seattle, WA 98104-3272 v:206-296-0364 f:206-205-8165 This email is a public record and may be subject to public disclosure • Please consider the environment before printing this e-mail. 1 611 NOW KING COUNTY '"86'f200 King County Courthouse 516 Third Avenue Seattle,WA 98104 King County Signature Report July 28, 2009 Ordinance 16613 Proposed No. 2009-0448.2 Sponsors Constantine 1 AN ORDINANCE limiting King County's participation in 2 the South Lake Washington Revitalization Area; and 3 declaring an emergency. 4 5 BE IT ORDAINED BY THE COUNCIL OF KING COUNTY: 6 SECTION 1. Findings: 7 A. King County has received notification from the city of Renton of the city's 8 intent to create a Revitalization Area as recently authorized under Chapter 270, Laws of 9 Washington 2009. 10 B. As set forth in Chapter 270, Laws of Washington 2009, local taxing 11 jurisdictions that levy regular property or local sales and use taxes in the proposed 12 Revitalization Area are automatic participants in the revitalization areas unless contrary 13 notification is provided to the initiating jurisdiction before formal action by the initiating 14 jurisdiction to create the Revitalization Area. The city of Renton indicates that formal 15 action will be taken on August 17, 2009. 1 s ' Ordinance 16613 ..r 16 C. Automatic local jurisdiction participants pledge seventy-five percent of 17 regular property tax increases resulting from new construction in the Revitalization Area 18 to repayment of debt issued to fund public improvements in the area. 19 D. King County's general fund faces substantial budget shortfalls for the 20 foreseeable future. Allowing the diversion of property and sales tax revenues during this 21 budget crisis would exacerbate the current funding crisis. Given the limited time for the 22 county to notify the city of its intent to opt out of the South Lake Washington 23 Revitalization Area, a declaration of an emergency is warranted. 24 SECTION 2. Through this ordinance, King County removes itself as a 25 participating taxing district for the South Lake Washington Revitalization Area. By this 26 action,King County removes the county regular property tax levy, the road district levy, 27 the conservation futures levy, the transit levy and the emergency medical services levy 28 from the South Lake Washington Revitalization Area and will not pledge any King 29 County local property tax allocation revenues to the South Lake Washington 30 Revitalization Area. 31 SECTION 3. Through this ordinance,King County will not participate as a local 32 government in the South Lake Washington Revitalization Area. By this action, King 33 County will not allow the use of any local sales and use tax imposed by King County to 34 be used for the South Lake Washington Revitalization Area. 35 SECTION 4. Notification to city of Renton of withdrawal from Revitalization 36 Area. The clerk of the council is hereby directed to send a notice to Ms. Bonnie Walton, 37 the Renton City Clerk, that King County has removed all King County taxing districts as 38 participating taxing districts in the South Lake Washington Revitalization Area. The 2 Ordinance 16613 ...� 39 notice shall also indicate that King County has removed itself as a participating local 40 government in the South Lake Washington Revitalization Area. The notice shall indicate 41 that the county will not pledge local property tax allocation revenues or local sales and 42 use taxes to the South Lake Washington Revitalization Area. The clerk of the council 43 shall attach a copy of this ordinance with the notice and ensure that notice is received by 44 the Renton city clerk no later than 4:30 p.m., July 31, 2009. 45 SECTION 5. The council finds as a fact and declares that an emergency exists 46 3 • Ordinance 16613 .,,. 47 and that this ordinance is necessary for the immediate preservation of public peace, health 48 or safety or for the support of county government and its existing public institutions. 49 Ordinance 16613 was introduced on 7/20/2009 and passed by the Metropolitan King County Council on 7/27/2009,by the following vote: Yes: 7 - Mr. Constantine, Mr. Ferguson, Ms. Hague,Mr. von Reichbauer,Mr. Gossett, Mr. Phillips and Mr. Dunn No: 0 Excused: 2 -Ms. Lambert and Ms. Patterson KING COUNTY COUNCIL KING COUNTY,WASHINGTON 0-6\ Dow Constantine,Chair ATTEST: Anne Noris,Clerk of the Council Attachments None 4 1:4 KING COUNTY '""'1200 King County Courthouse 516 Third Avenue Seattle,WA 98104 KingCounty Signature Report July 28, 2009 Ordinance 16614 Proposed No. 2009-0449.1 Sponsors Constantine 1 AN ORDINANCE limiting King County's participation in 2 the Port Quendall Revitalization Area; and declaring an 3 emergency. 4 5 BE IT ORDAINED BY THE COUNCIL OF KING COUNTY: 6 SECTION 1. Findings: 7 A. King County has received notification from the city of Renton of the city's 8 intent to create a Revitalization Area as recently authorized under Chapter 270, Laws of 9 Washington 2009, but has received limited written information with regard to the 10 proposed Revitalization Area or related financial plan for debt repayment. 11 B. As set forth in Chapter 270, Laws of Washington 2009, local taxing 12 jurisdictions that levy regular property or local sales and use taxes in the proposed 13 Revitalization Area are automatic participants in the revitalization areas unless contrary 14 notification is provided to the initiating jurisdiction before formal action by the initiating 15 jurisdiction to create the Revitalization Area. The city of Renton indicates that formal 16 action will be taken on August 17, 2009. 1 Ordinance 16614 17 C. Automatic local jurisdiction participants pledge seventy-five percent of 18 regular property tax increases resulting from new construction in the Revitalization Area 19 to repayment of debt issued to fund public improvements in the area. 20 D. Due to insufficient information, the impact to King County of dedicating 21 certain portions of the county's regular property taxes and/or sales and use taxes to 22 support of the Port Quendall Revitalization Area is unknown at this time. 23 E. King County's general fund faces substantial budget shortfalls for the 24 foreseeable future. Allowing the diversion of property and sales tax revenues during this 25 budget crisis would exacerbate the current funding crisis. Given the limited time for the 26 county to notify the city of its intent to opt out of the Port Quendall Revitalization Area a 27 declaration of an emergency is warranted. 28 SECTION 2. Through this ordinance, King County removes itself as a 29 participating taxing district for the Port Quendall Revitalization Area. By this action, 30 King County removes the county regular property tax levy, the road district levy, the 31 conservation futures levy and the emergency medical services levy from the Port 32 Quendall Revitalization Area and will not pledge any King County local property tax 33 allocation revenues to the Port Quendall Revitalization Area. 34 SECTION 3. Through this ordinance, King County will not participate as a local 35 government in the Port Quendall Revitalization Area. By this action, King County will 36 not allow the use of any local sales and use tax imposed by King County to be used for 37 the Port Quendall Revitalization Area. 38 SECTION 4. Notification to city of Renton of withdrawal from Revitalization 39 Area. The clerk of the council is hereby directed to send a notice to Ms. Bonnie Walton, 2 Ordinance 16614 ..� 40 the Renton City Clerk, that King County has removed all King County taxing districts as 41 participating taxing districts in the Port Quendall Revitalization Area. The notice shall 42 also indicate that King County has removed itself as a participating local government in 43 the Port Quendall Revitalization Area. The notice shall indicate that the county will not 44 pledge local property tax allocation revenues or local sales and use taxes to the Port 45 Quendall Revitalization Area. The clerk of the council shall attach a copy of this 46 ordinance with the notice and ensure that notice is received by the Renton city clerk no 47 later than 4:30 p.m., July 31, 2009. 48 SECTION 5. The council finds as a fact and declares that an emergency exists 49 3 Ordinance 16614 50 and that this ordinance is necessary for the immediate preservation of public peace, health 51 or safety or for the support of county government and its existing public institutions. 52 Ordinance 16614 was introduced on 7/20/2009 and passed by the Metropolitan King County Council on 7/27/2009,by the following vote: Yes: 7 -Mr. Constantine, Mr. Ferguson, Ms. Hague, Mr. von Reichbauer, Mr. Gossett, Mr. Phillips and Mr.Dunn No: 0 Excused: 2 - Ms. Lambert and Ms. Patterson KING COUNTY COUNCIL KING COUNTY,WASHINGTON \...)7/6 (/) • Dow Constantine,Chair ATTEST: 00%-fr"k—A"--'"-v0 Anne Noris,Clerk of the Council Attachments None 4 w CITY OF RENTON NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that the Renton City Council has fixed the 10th day of August, 2009, at 7:00 p.m. as the date and time for a public hearing to be held in the seventh floor Council Chambers of Renton City Hall, 1055 S. Grady Way, Renton, WA 98057, to consider: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. The South Lake Washington area is generally located between the southern boundary of Gene Coulon Memorial Beach Park to the northeast, Lake Washington to the north, Logan Avenue North to the west,North 6th and North 7th Streets to the south and Garden Avenue North to the east. A map of the precise proposed Revitalization Area is available at www.rentonwa.gov. The Port Quendall area is generally located between Lake Washington to the west, the City of Renton boundary to the east, SE 76th Street(if extended) to the north and North 40th Street(if extended) to the south. A map of the precise proposed Revitalization Area is available at www.rentonwa.gov. For the South Lake Washington area, the City is contemplating the following public improvements, with corresponding preliminary cost estimates: • extension of Park Avenue north from The Landing to the Southport development (approximately$5 million) • channelization and other roadway improvements on Garden Avenue South at Park Avenue (approximately$3 million) • Highlands to The Landing Trail (approximately$2 million) • Lake Washington Boulevard corridor improvements (approximately$5 million) • water and sewer system upgrades (approximately$2.5 million) • Bus Rapid Transit facilities and 700-stall transit-related parking garage (approximately $35 million) For the Port Quendall area, the City is contemplating the following public improvements, with corresponding preliminary cost estimates: • reconstruction and signalization improvements on Lake Washington Boulevard and NE 44th (approximately$7 million) • frontage improvements along Seahawks Way and Lake Washington Boulevard, including an extension of May Creek Trail (approximately$5 million) • new reservoir and water and sewer system improvements (approximately$9 million) • reclaimed water facility(approximately$6 million) • public amenities, including the potential for as much as 3-5 acres of waterfront habitat restoration,public open space, trails, and potential plaza(s), and funding for maintenance of these areas (approximately$40 million). The City anticipates that approximately twenty-five(25%) of the above-mentioned public improvement costs will be financed by the Local Revitalization Financing(LRF) program, if awarded by the State, with the remainder to be funded by the project developers, together with potential grants, and other public/private funding sources. The City will consider dedicating a portion of excise tax and property tax allocation revenues needed, together with other resources, for a period not to exceed twenty-five years to match the amount of LRF funding awarded from the State to finance the above proposed improvements. All interested parties are invited to attend the hearing and present written or oral comments regarding the proposal. For those unable to attend the public hearing, written comments submitted to the City Clerk by 5:00 p.m. on the day of the hearing will be entered into the public hearing record. Written comments must include the submitter's full name and address. Renton City Hall is in compliance with the American Disabilities Act, and interpretive services for the hearing impaired will be provided upon prior notice. For information, call 425-430-6510. Bonnie I. Walton City Clerk Published Renton Reporter July 31, 2009 Account No. 50640 LOCATIONS OF POSTINGS FOR: Leveraging State funds for local revitalization financing by establishing "revitalization areas"(RAs),as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. 1. ET, 519.h SA j— =rvc ,i1r) au , P1.� kk.)� �a, 5*O p 11 - on SIoP 2. `‘ 3. fl'N-kg4(\-1/4-1-A'Ql. 4. 0 l_u2 'NE � r t 5-4,2)10 5. (2-A-eL,IL/� d��pp a- - IJCA, ±e.rte-pJ-tvk Ce-te 6. � � \),DO. fie , l i rnt-k 7. tAvt h -8`C (1.%(7..?;i,U D` " f a I Cal • 8. jl W� Yj\V cal -3- - 7)--1--1-11 34 - L i'vt -t e CERTIFICATION STATE OF WASHINGTON) )ss COUNTY OF KING I VM‘AVD-`C)COA.)t 1\C\ hereby certify that 2 copies of the Jttached notice were posted by me regarding the property described above on the --7 t S' day of ,2009. SIGNED ;,. SUBSCRIBED AND SWO, 'T_O.B, Edit t�tfis i day o ,2009. ti.l ' 0. -,. 7 YIPUBLICinan r the St eof �; A1a h ngton,Residing at —� My Commission Expires: a-'1 irr' "triple ,SY C)S.., ' l'i NOTICE NT RENTON CITY COUNCIL i 1 PUBLIC HEARING ON MONDAY, AUGUST 10, 2009 AT 7:00 P.M. RENTON CITY HALL COUNCIL CHAMBERS 1055 SOUTH GRADY WAY TO CONSIDER THE FOLLOWING: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. i '-4,. 1 Al. • ,,•.., r of * e i / h Ty. &,.,,,,,,,,„,,,..„:, +a /� ar * SE 70th St i -II.'��w. '01,Mit.0.1- .-7,`,- ,,,/,'"",,' ' , ,,,,,,,4, „A 7,/:///aw,,,Noliptiv.imik ff i ,"'Jr, lf ,rs* j/- /%, %% 1�/ Ali 4r Ir':'::I'l 't; "V-ji ,,,,,,, .,, , it „. „ . .,,,. lF.fr._ rn �1 lt,1,, , N 40 St All interested parties are invited to attend and present written and/or oral comments. Complete legal description&further information available in the City Clerk's Office—425-430-6510 ! The removal,mutilation,destruction,or concealment of this Warning notice is a misdemeanor punishable by fine and imprisonment. ,. c.)-c, ,....., NOTICE „ ,,„ + + ..A ' ,1\p-c.0 RENTON CITY COUNCIL PUBLIC HEARING ON MONDAY, AUGUST 10, 2009 AT 7:00 P.M. RENTON CITY HALL COUNCIL CHAMBERS 1055 SOUTH GRADY WAY TO CONSIDER THE FOLLOWING: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. a n a .- ofg Pats +aew , Sys.,� .«1 ^a. ua� n �' r% ' & a .. �ry fir, z 4 y,eltill ,��/ �z 1. t # ?lingPittek �s .pia / a _.<. ;',_.. .. ®®/�/j/it!„ ,:...„IC /"�®�� 7,,-4/,,,,,,:/,:, t,-.4144h..1.,t4'-', tt .. ..„.„,,,,„„,,.,,:, -.,,,,,r.--24-tki.%„ 1— \ #7, 41 \ ,, ,,;. `:, , nw,w-- -, ,„,,,,z.10,4404.46.--„ \ .1*t ,, :1,, ' '1574,,t '.:.4'.,-;, t , xr, o- \ At t::...71„'V 117/, i 40 A #,, ,..00.:,' iv , tiN, 4) ,,p d -• ,', \ f,,, ,,„ ,:.0 i, , ,,,,,,, 0 Z �, ,ti ttit 'I, 4. //#, N 7 St -2, _ H ,r , All interested parties are invited to attend and present written and/or oral comments. Complete legal description &further information available in the City Clerk's Office—425-430-6510 ' The removal, mutilation, destruction, or concealment of this Warnin notice is a misdemeanor punishable by fine and imprisonment. f Y P. '..gii.' NOTICE . . 0,,,Ft + RENTON CITY COUNCIL pUBLIC HEARING ON MONDAY, AUGUST 10, 2009 AT 7:00 P.M. RENTON CITY HALL COUNCIL CHAMBERS 1055 SOUTH GRADY WAY TO CONSIDER THE FOLLOWING: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. ca ,../„..t , ,, "''''.; til''' '''' //f// . SE7OthS, GI itaigilirei„, , ryi ,.. gig-lir / 7„, 4, dig..,i.a.-sh. / r /// : ,!a dad:��. It ria ,#)'Ailik ,41/f /4 - 11 - ','-`" 7-'''.---""'1-- ,/ ././Avilicip' ----1' ' /'—I/7II. I /.,4,4xv t"iy*#i 41 Qi04./rss, dam/ / s.; �4 r,1-./,m iWI N 40th St � o ' 1 4 ' s Coun he All interested parties are invited to attend and present written and/or oral comments. Complete legal description &further information available in the City Clerk's Office_425-430-6510 ' The removal, mutilation, destruction, or concealment of this aM ingnab*ce is a misdemeanor punishable by fine and imprisonment. LOCATIONS OF POSTINGS FOR: Leveraging State funds for local revitalization financing by establishing "revitalization areas"(RAs),as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. 1. e.,\i,-,_ VJGG .\u0k.. -1 wL S oe C S• 'ork 0-0-s o.D? 5.5 2. \'-. nr�-- 3. \V C h c� C%L/1 -r\ ` ?) 4. l t‘ E tt NV:) 6. \k 7. N cth .4 - ay1 ‘_)•g SU s. CERTIFICATION STATE OF WASHINGTON) )ss COUNTY OF KING ) I Y \s-r Q-i-c G\v t\1khereby certify that O copies of the ttached �Lice were posted by me regarding the property described above on the1 St day of V, ,2009. SIGNED VA, L`v`'r 'C ' 'l ___cv__ SUBSCRIBED AND SWORN TOO�Y3RE— d of E this I ay _ ,2009. , c.) ! e ,.s YSIG`O.p: ,L ritet�l(d�da>,ie: c Lm`,� ' 11U$ARY PUBLI in and for the o .P ." ,',Washington,Residing at `� 7 , My Commission Expires: ''jZ1 beic NOS, ++ (Y : °••et NOTICE ,..,- , NT RENTON CITY COUNCIL PUBLIC HEARING ON MONDAY, AUGUST 10, 2009 AT 7:00 P.M. RENTON CITY HALL COUNCIL CHAMBERS 1055 SOUTH GRADY WAY TO CONSIDER THE FOLLOWING: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. ; 1`1„ Pr i•. Ir s-er . S IN 1 y �oi��, / \,: ' 4-- %%fir,%//, \�+1 !— :eo. \\\\ ,,,„„,:,,. \ /, ,, - - .,.. ,,,,,d _ ./., \ „, ,,,,„, r / c` d /r� . .' , s d:rrA41:hS, \, r th All interested parties are invited to attend and present written and/or oral comments. Complete legal description&further information available in the City Clerk's Office—425-430-6510 I ! The removal,mutilation,destruction,or concealment of this Warning notice is a misdemeanor punishable by fine and imprisonment. CITY OF RENTON NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN that the Renton City Council has fixed the 10th day of August, 2009, at 7:00 p.m. as the date and time for a public hearing to be held in the seventh floor Council Chambers of Renton City Hall, 1055 S. Grady Way, Renton, WA 98057, to consider: Leveraging State funds for local revitalization financing by establishing "revitalization areas" (RAs), as authorized by the State Legislature's recent passage of 2nd substitute Senate Bill 5045. Two potential RAs identified are South Lake Washington and Port Quendall. All interested parties are invited to attend the hearing and present written or oral comments regarding the proposal. For those unable to attend the public hearing, written comments submitted to the City Clerk by 5:00 p.m. on the day of the hearing will be entered into the public hearing record. Written comments must include the submitter's full name and address. Renton City Hall is in compliance with the American Disabilities Act, and interpretive services for the hearing impaired will be provided upon prior notice. For information, call 425-430-6510. Bonnie I. Walton City Clerk Published Renton Reporter July 10, 2009 Account No. 50640 ' - ' ,, - . :,..„. , 0 1 :I--",,,___,-1— _rtiri y, ',, .� 9„ 3 '� l \ i 1 r� aastz�axr t ' _ w Gene G'-u1a 1 ernarral leach Farb ��� .�■1 G St H si// ��y SG ...--I''''' — NE 12th �t7, joi , ®���, ..e, /7 „J.:. , , _ ./ te77, c4).df'4f),. —`')' i— /..,ei '.t1 t�1 Or r t N ,/,y,,,,,,, ' # eAf ' 11 0 7 / �//% toii e%� � 'Alt i c oh irl A d e. .... o�.®ieieeioiie eiereeeo®..,...., } > %� ip (13 0 • 11 _— i F+F i July 15,2009 0 500 1,000 Feet South Lake Washington Revitalization Area N v South Lake Washington Revitalization Area 47.. _ City Limits ?; Parks 1:8,000 1 ii �•. Cityof, ,Commumty &Economic Development 4r • � j Alex �' s � m r`'°�B . 1 ' . ' �)"AdriaA.Johnson,Patrk RDdun ' s t!re"'''''' "-'roc»bmeGdya- to (),v!eG44qnoofRenaota ayMappwat9S Df any 6Un NIUCic4mmpany thtc prothrcfeess or merchaoiby " ... . \ \ \\:"\\Vi ) ..., A 64.2v .,.,..f-----,,, ,,„. { Lake ifitshiligioli / t� E _ (/ /4, // j ze.---.)-_,,,,,,,,,,,t17.---j.// i . / '� j � NE . / ////://:/../://///,';, ..0:/ /;z4„zypiloioji.,,.....e.,:e,44 . / ,(//7 , ,/ /1/4\/(//0„.411,1(1,17i , • i / t I I ii 40 //////////0/0////v7 010fff l V i; k I , /� f /l/+y . #ii/r� 'II� ♦ + r.AS1010,110/ I .. f f .. f r 8. ,..., f a , , ,fro. A d"-•-/47:, .4p. ■ bh.III 0 _ !Ai: Ar A _--\\ �` r' I 1f ,I ter 'Crhk Ftt k County �� t ,ram 1, Port Quendall Revitalization Area July 15,2009 0 500 1,000 -' Feet Z,...\ VA Port Quendall Revitalization Area City Limits Parks 1:8,000 N Community&Economic Development Alex Pietsch,Administrator . City of i taJGiS Analysis Services .r„8 C) Adcia un A.Johnson,Patr ckKodtin :,,,)+ Afap produ^ee by the C ty of R nor(r),the City of Renton all rights reservaf. s .. 7 f 3 d ` s t � 4"') No saranries of any sort,ircludnn but not limited to accuracy, , " r ss or mot hantan:Aty accompany this product. `..�. r =V July 6, 2009 r' Renton City Council Minutes `...r Page 197 Planning: Land Use Fee Community and Economic Development Department recommended approval Schedule Revision to revise the current Land Use Fee Schedule to encourage annexation and adequately compensate permit processing costs. Refer to Planning and Development Committee; set public hearing on 8/3/2009. CED:South Lake Washington Community and Economic Development Department recommended & Port Quendall, Local assessment of South Lake Washington and Port Quendall as revitalization areas Revitalization Financing Areas and leveraging of State funds for local revitalization financing. Refer to Committee of the Whole;set public hearing on 8/10/2009. Development Services: Development Services Division recommended acceptance of a deed of Walgreens at NE 4th St, ROW dedication for additional right-of-way in the vicinity of NE 4th St. and Union Dedication, NE 4th St& Union Ave. NE to fulfill a requirement of the Walgreens at NE 4th St. project. Council Ave NE,SA-08-014 concur. Finance: Bad Debt Write Off Finance and Information Services Department requested approval to write off bad debt in the total amount of$17,542.20. Refer to Finance Committee. Airport: 2009 Airport Layout Transportation Systems Division recommended approval of the 2009 update to Plan Update the Airport Layout Plan. Refer to Transportation (Aviation) Committee. CAG:08-139, Runway 16/34 Transportation Systems Division recommended approval of Amendment#1 to Resurfacing Project, FAA Grant CAG-08-139,with the Federal Aviation Administration,to accept an additional $120,376, and approval of the related budget adjustment, in order to complete construction of the Runway 16/34 Resurfacing project. City's match $6,336. Council concur. CAG: 08-178, Downtown Utility Systems Division submitted CAG-08-178, Downtown Wayfinding Signage Wayfinding Signage Phase I, Phase I, and requested approval of the project,final pay estimate in the TubeArt Displays amount of$5,817.73, commencement of a 60-day lien period, and release of retained amount of$1,069.70 to TubeArt Displays, Inc., contractor, if all required releases are obtained. Council concur. Police: SCORE Short-Term Police Department requested approval of a short-term loan of$5 million at the Loan Agreement current state pool rate to the South Correctional Entity (SCORE)to enable scheduled work to proceed prior to the issuance of bonds. Refer to Finance Committee. MOVED BY CORMAN,SECONDED BY PALMER, COUNCIL APPROVE THE CONSENT AGENDA AS PRESENTED. CARRIED. UNFINISHED BUSINESS Council President Corman presented a report regarding the future of the Committee of the Whole Renton Libraries. The Committee reviewed the draft interlocal agreement with Library: King County Library the King County Library System (KCLS)that defines the rights and obligations of System Interlocal Agreement the City and KCLS in the event annexation of the City into KCLS is approved by the registered voters of the City in a special election held prior to 12/31/2010. The Committee of the Whole recommended that: • The interlocal agreement with the King County Library System be approved and the Mayor and City Clerk be authorized to sign; • The resolution recording this matter be presented for adoption; and • The administration prepare an ordinance stating that it is in the best interest of the City to join KCLS to be forwarded, upon passage,to the City of Renton Library Board for their review and recommendation, and to KCLS Board of Directors for their concurrence. .:ITY OF RENTON COUNCIL AGENDA Al #: 7, e Submitting Data: For Agenda of: Dept/Div/Board.. Department of Community & July 6, 2009 Economic Development Staff Contact Suzanne Dale Estey x6591 Agenda Status Consent X Subject: Public Hearing.. Correspondence.. Formation of one or more Revitalization Areas for the Ordinance purposes of Local Revitalization Financing Resolution Old Business Exhibits: New Business Study Sessions Information Recommended Action: Approvals: Refer to Committee of the Whole and set a public Legal Dept X hearing for August 10, 2009 Finance Dept Other Fiscal Impact: Expenditure Required... Transfer/Amendment Amount Budgeted Revenue Generated Total Project Budget City Share Total Project.. SUMMARY OF ACTION: In response to the State Legislature's recent passage of 2nd Substitute Senate Bill 5045 authorizing local governments to create "revitalization areas"(RAs) and leverage State funds for local revitalization financing, the City has identified two potential areas it would like to assess for potential LRF consideration: South Lake Washington and Port Quendall. State law requires that a public hearing be held prior to the adoption of an ordinance establishing an RA. STAFF RECOMMENDATION: Set a public hearing date of August 10, 2009 to consider the potential establishment of as many as two Revitalization Areas.