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HomeMy WebLinkAboutA 20060420001032 7 l / � z . 4 Return Address: City Clerk's Office011 0 00 1 11111 111 - City of Renton 20060420001032 1055 South Grady Way CITY OF RENTON AG 75.00 Renton, WA 98055 PAGE001 OF 044 04/20/2006 14:19 KING COUNTY, WA Please print or type information WASHINGTON STATE RECORDER'S Cover Sheet (RCW 65.04) Document Title(s) (or transactions contained therein): (all areas applicable to your document must be filled in) 1. Strander Agreement(CAG-02-211) 2. 3. 4. Reference Number(s) of Documents assigned or released: Additional reference#'s on page of document Grantor(s) (Last name first name,initials) 1. The Boeing Company 2. Additional names on page of document. Grantee(s) (Last name first,then first name and initials) 1. City of Renton 2. Additional names on page_of document. Legal description(abbreviated: i.e. lot block,plat or section,township,range) Beginning at the intersection of the North line of said Donation Land Claim No. 46 with the most Westerly line of Government Lot 13 in said Section 24; Additional legal is on pages 8-12, 14, 19-23,25-30,32-40 of document. Assessor's Property Tax Parcel Account Number 0 Assessor Tax#not yet assigned The Auditor/Recorder will rely on the"information provided on the form. The staff will not read the document to verify the accuracy or completeness of the indexing information provided herein. I am requesting an emergency nonstandard recording for an additional fee as provided in RCW 36.18.010. I understand that the recording processing requirements may cover up or otherwise obscure some part of the text on the original document. Signature of Requesting Party r "z CAG-02-211 STRANDER AGREEMENT This AGREEMENT is made and entered into this 1-1-4' day of CECEMi2— 2002,by and between THE BOEING COMPANY,a Delaware corporation("Boeing"),and the CITY OF RENTON,a municipal corporation of the State of Washington("the City"). RECITALS A. Longacres Park,Inc("LPI"),a wholly-owned subsidiary of Boeing,is the owner of certain real property("Property"),known as the Longacres Office Park("LOP"),located in the City of Renton,King County,Washington,and more particularly described in EXHIBIT A attached hereto and incorporated herein by this reference. LPI and Boeing have entered into a long-term Ground Lease("Lease")with effect from January 1, 1993 pursuant to which Boeing may possess the Property through December 31,2027 and may in certain circumstances extend the term of the Lease through December 31,2057. Pursuant to the Lease,Boeing may enter into this Agreement in Boeing's own name. A memorandum of the Lease was recorded as No.9707030128 in the Real Property Records of King County. B. The City has included in its Transportation Improvement Program("TIP")an extension of Strander Boulevard(also known as S.W.27th Street)west from Oakesdale Avenue S.W. across the Property to the City limits of Renton("Strander Extension"or"Extension"). C. On May 11, 1984,the City and Broadacres,Inc.,Boeing's predecessor in interest, entered into an agreement recorded in King County as No. 8406010540("1984 Agreement"), providing for,among other things,(a)reservation of right of way for the Strander Extension across the Property,(b)establishment of an alignment for the Extension across the Property,(c)acquisition by the City of the reserved right of way,(d)construction by Broadacres of a local access road according to City street standards for local access roads within the reserved right of way,(e)payment by Broadacres not to exceed 30 percent of the total cost of extending Strander from the east Property line to 200 feet east of the Burlington Northern railroad right of way,and(f)reduction of Broadacres' payment by the full cost expended by Broadacres in designing and constructing the local access road. D. The Environmental Impact Statement("EIS")Mitigation Document for the LOP that was issued in May, 1995("Mitigation Document")included a Transportation Mitigation Conditions Agreement that among other provisions requires Boeing to pay to the City transportation mitigation fees of$75.00 per trip("City Transportation Mitigation Fee")based on 27,000 average daily trips to be generated by full development of the LOP("LOP Mitigation Fee"). Boeing has paid to the City,as transportation mitigation fees under the Transportation Mitigation Conditions Agreement,$157,500 (based on 2,100 average daily trips)at the time of permit application for the Boeing Commercial Airplane Group("BCAG")Headquarters Building and$69,750(based on 930 average daily trips)at the time of permit application for the Boeing-Renton Family Care Centre. The LOP Mitigation Fee less the transportation mitigation fees already paid to the City("Net LOP Mitigation Fee")as of the date of this Agreement is$1,797,750(based on 23,970 average daily trips,referenced hereinafter as the"Prepaid Trips"). CERTIFICATE A FNT I,the undersigned City Clerk of the � >G . *City of Renton,Washington, certify s. ' 1''' ''r' that this is a true and correct copy of y * S-F;-c:n dev ,,Qen,<h l . Subscribed EAI . � • _ andsealed this day of 4p ; t , 20� ,p ...... • City Clerk E. Boeing now plans to prepare the Property for potential development that will require (a)modification of the 1984 Agreement right of way alignment,(b)modification of Boeing's payment obligations for the Extension to address current conditions,and(c)clarification of the procedures and standards for Boeing to construct a local access road within the reserved right of way for the Strander Extension. F. The City desires to confirm the availability, location and funding of the Strander right of way and extension. In addition,the City has received information and data provided by Boeing indicating that expansion and improvement of the Grady Way and Oakesdale Avenue intersection will be required as a result of traffic demands from the completion of Oakesdale Avenue and future development in the area. G. Boeing and the City desire to rescind the 1984 Agreement and to enter into a new agreement regarding the Strander Extension to replace the 1984 Agreement. H. Establishing this Agreement will materially aid the City in approaching the State of Washington and federal funding agencies for financial assistance in developing the Strander Extension project. I. The City and Boeing consider this effort to be a public-private partnership and approach it and this Agreement in the spirit of partners,anticipating that issues and unforeseen events will be resolved on a mutually agreeable basis as they arise during the course of performance of this Agreement. AGREEMENT NOW,THEREFORE, in consideration of the mutual covenants and under the terms and conditions hereinafter set forth,the receipt and sufficiency of which is hereby acknowledged,the parties hereto covenant and agree as follows: 1. Right of Way Reservation and Alignment. Boeing agrees to reserve for the duration of this Agreement a 90-foot wide right of way across,over, and through the Property for the Strander Extension according to the alignment described in EXHIBIT B,attached hereto and incorporated herein by this reference,and approximately depicted in EXHIBIT C, also attached hereto and incorporated herein by this reference("Right of Way Reservation"). The City agrees that the alignment of the Strander Extension shall be located within the Right of Way Reservation. 2. Building Restriction. Unless otherwise provided in this Agreement,Boeing agrees not to construct permanent buildings within the Right of Way Reservation and setbacks from the Right of Way Reservation that are required by City Code. For purposes of this Agreement,the term "building" shall mean any structure having a roof supported by columns or walls and intended for the shelter,housing or enclosure of any individual,vidual,animal, process,equipment, goods or materials of any kind or nature. 3. Right of Way Acquisition. 3.1. Boeing agrees to dedicate to the City that portion of the Property located within the Right of Way Reservation("Right of Way Property"). This dedication shall be accepted by T F t the City within 180 days from the date of this Agreement. In consideration for the dedication of the Right of Way Property,the City agrees that(a)the LOP Mitigation Fee payable to the City of Renton for the LOP shall be fully satisfied,(b)all of Boeing's obligations for the Strander Extension across the Property and approaches to the Property that may be imposed by the City or any financing jurisdiction shall be fully satisfied,and(c)all of Boeing's obligations for any other off-site transportation improvements within the City of Renton that are required to support the level of full development of the LOP as contemplated in the EIS shall be fully satisfied. 3.2. The City agrees to enter into formal discussions with Boeing regarding placement of the proposed expansion and improvement of the Grady Way and Oakesdale Avenue intersection as a priority project on the City's TIP at the next scheduled update of the TIP. Any agreement reached between the City and Boeing on this subject shall be memorialized and approved in a separate document. 3.3. The City agrees not to adopt an authorization under applicable law for the acquisition of all or part of the Right of Way Property under condemnation or threat of condemnation during the term of this Agreement, unless Boeing fails to dedicate the Right of Way Property in accordance with the terms and provisions of this Agreement. 3.4. The City agrees that Boeing may at the time of City acquisition of the Right of Way Property reserve a nonexclusive perpetual easement over, across, along, in,upon,under,and through the Right of Way Property for purposes that include access,utility,drainage,and any regulatory requirements applicable to the development of LOP. Any uses for the Right of Way Property proposed by Boeing other than for those purposes will require prior City approval,which shall not be unreasonably withheld. 4. Reserve Account. 4.1. Upon dedication of the Right of Way Property to the City,the City agrees to create a reserve account in Boeing's name("Reserve Account")that contains the Prepaid Trips. Trips in the Reserve Account shall be considered the personal property of Boeing unless they are assigned by Boeing to a successor in interest to all or any portion of real property located in the City of Renton, including,but not limited to, an owner's association or similar entity governing any or all of such property. Boeing may at its sole discretion withdraw from the Reserve Account all or a portion of the Prepaid Trips,to be credited against and constitute full payment of the City Transportation Mitigation Fee for the equal number of trips generated by development of any property owned by Boeing within the City of Renton as of the date of this Agreement("Renton Properties")that would otherwise be subject to the City Transportation Mitigation Fee. The Renton Properties are described in EXHIBIT D attached hereto and incorporated herein by this reference. If and when Boeing withdraws such Prepaid Trips from the Reserve Account,the number of Prepaid Trips in the Reserve Account shall be correspondingly reduced. Should Boeing choose to assign Prepaid Trips to projects other than LOP, those Prepaid Trips will no longer be available for LOP transportation mitigation. 4.2. Boeing shall timely notify the City, as provided in this Agreement, of the withdrawal,designation,or assignment of trips in the Reserve Account by providing to the City a document in the form and content described by EXHIBIT E attached hereto and incorporated herein by this reference. The City agrees to provide to Boeing written confirmation of such withdrawal, designation,or assignment, also as described by EXHIBIT E. 5. Review of Plans. The City agrees to use its best and timely efforts to include Boeing in the planning and design of the Strander Extension. Prior to City approval of construction plans for the Strander Extension,but in any event no later than sixty(60)days prior to commencement of construction of the Strander Extension,the City shall provide Boeing with engineering,architectural, and other construction plans for the Extension and related improvement, including but not limited to signal control systems, utilities,sidewalks, driveway access,walls,fencing,lighting,and signing. 6. Local Access Road. Should Boeing require Property access prior to completion of the Strander Extension,Boeing may construct upon all or part of the Right of Way Property a local access road to City standards("Local Access Road"). The Local Access Road may include roadway, utilities, stormwater facilities,sidewalks, lighting,and other structures required by Boeing and the City. The Local Access Road shall be dedicated to the City for public use within thirty(30)days following its completion. The City agrees that the Local Access Road or a mutually agreed upon detour route shall remain open to vehicular traffic during construction of the Strander Extension. The City agrees to reimburse Boeing at the time of the Strander Extension construction for all design and construction costs incurred for Local Access Road components that are designed and constructed to City standards for and that may be incorporated into the Strander Extension project. 7. Street Access and Intersections. 7.1. All Property frontage along the Strander extension shall have access to the public right of way,unless otherwise agreed by the parties. 7.2. Boeing may establish along the Strander Extension two intersections with streets to the north and south of the Extension. Boeing may propose additional intersections in the future for consideration and possible approval by the City. Boeing shall pay full cost for any traffic signal(s) required at any intersections established. Boeing may also establish along the Strander Extension private driveway access points, subject to City Code requirements; provided, however, that the City reserves the right to limit turning movements at such private driveway access points to right-in and right-out only. 8. Termination. This Agreement shall terminate twenty(20)years from the date of execution of this Agreement,or upon final completion of the Strander Extension,whichever occurs earlier. If construction of the Strander Extension has not been fully funded and commenced by the date of termination of this Agreement,Boeing at its sole discretion may require that the City reconvey to Boeing the Right of Way Property exclusive of the Local Access Road if dedicated to the City as provided in Paragraph 6 of this Agreement. When the Right of Way Property is reconveyed to Boeing by the City, Boeing shall pay to the City the amount of the Net LOP Mitigation Fee credited to Boeing under Paragraph 3.1 of this Agreement. 9. Default. In the event of a default or failure of performance by either party of any term or condition under this Agreement,the defaulting party shall have thirty(30)days after written notice given to that party by the non-defaulting party,as provided in this Agreement,to cure the default; provided, however,that if the cure cannot reasonably be completed within such thirty(30) day period,the defaulting party shall have such longer period as is reasonably necessary to cure the default so long as the defaulting party shall commence the cure within the thirty(30)day period and thereafter complete the cure with due diligence. • 10. Successors and Assigns. This Agreement and each of the terms,provisions, conditions,and covenants herein shall run with the land and shall inure to the benefit of and be binding upon the parties and their respective successors and assigns. The parties acknowledge that Boeing may assign this Agreement to anowner's association or similar entityfor the Property,and agree that upon such assignment Boeing shall be released from all rights and obligations hereunder. Notwithstanding the foregoing,the parties agree that Boeing may retain all rights to the Prepaid Trips in the Reserve Account,as provided in Paragraph 4.1,and may assign those rights for withdrawal and use as provided in this Agreement. 11. Rescission of 1984 Agreement. Upon execution of this Agreement,the 1984 Agreement shall be null,void,and without effect. 12. Compliance with Laws. The parties shall at all times exercise the rights granted to them under this Agreement in accordance with all applicable statutes, orders,rules and regulations of any public authority having jurisdiction. 13. Governing Law. This Agreement shall be governed by,construed, and enforced in accordance with the laws of the State of Washington. Venue for any action under this Agreement shall be King County,Washington. 14. Notice. Any notice required or permitted to be given under this Agreement shall be in writing and shall be delivered to the following designees: If to Boeing: Colette Temmink The Boeing Company MC 1F-58 P.O.Box 3707 Seattle, WA 98124 Fax: 206-662-1355 with a second notice to: Gerald Bresslour,Esq. The Boeing Company MC 13-08 P.O.Box 3707 Seattle, WA 98124 Fax: 425-965-8230 If to City of Renton: Gregg Zimmerman Administrator of Planning, Building,and Public Works City of Renton 1055 South Grady Way Renton,WA 98055 Fax: 425-430-7241 with a second notice to: Sandra Meyer Planning,Building,and Public Works City of Renton 1055 South Grady Way Renton, WA 98055 Fax: 425-430-7241 Notices may be delivered by facsimile or U.S.mail. Notices shall be deemed effective,if mailed, upon the second business day following deposit thereof in the United States mail,postage prepaid, certified or registered mail,return receipt requested,or upon delivery thereof if otherwise given. Either party may change the address to which notices may be given by giving notice as above provided. Boeing or its successor or assign to this Agreement shall give notice to the City of what successor property owners shall be given separate notices under this Paragraph 14 in addition to the above. IN WITNESS WHEREOF,pursuant to the provisions of Ordinance No. 4402 4,0 of the City of Renton,said City has caused this in trument to be executed by its 7f . DATED this MO day of Weyms&Al ,2002 ING COMPANY a De aware corporation jZL ili . Cybu Vic Presiden APPROVED AS TO FORM: THE CITY OF RENTON, a municipal corporation of the State of Washington By: ;Le Lawrence J.Warren City Attorney Its: Mayor , k.,;`..'" ' A I1hST/AUTHENTICATED: ' 6610c41:4 Renton City Clerk EXHIBIT A Legal Description of Longacres Office Park 1 , 6 • • PARCEL A All that certain real property situate in the City of Renton, County of King, State of Washington, being a portion of Henry A. Meader's Donation Land Claim No. 46 in Sections 24 and 25, Township 23N., Range 4E., W.M., and a portion of Government Lot 8 in said Section 24, and being more particularly described as follows: BEGINNING at the intersection of the North line of said Donation Land Claim No. 46, with the most Westerly line of Government Lot 13 in said Section 24; thence from said POINT OF BEGINNING S00°56'17"W 1257.95 feet; thence S01°02'56"W 154.52 feet to the northerly line of the City of Seattle Bow Lake Pipeline right-of-way as conveyed by deed recorded under Recording No. 4131067, King County records; thence along said northerly line S72°44'48'W 436.96 feet; thence tangent to the preceding course along the arc of a curve to the right having a radius of 122.55 feet and a central angle of 20°01'IS'. an arc length of 42.82 feet; thence tangent to the preceding curve N87°13'57"W 1377.97 feet to the East right-of-way line of the Burlington Northern Railway; thence along said East right-of-way line NO2°07'43"E 1709.63 feet; thence tangent to the preceding course along the arc of a curve to the left having a radius of 2107.00 feet and a central angle of 14°09'08", an arc length of 520.44 feet to the westerly line of the former Puget Sound Shore Railroad Company's Seattle Line; thence along said westerly line NO2°07'43"E 221.30 feet to the southeasterly line of the parcel conveyed to the State of Washington by deed recorded under A.F.a 8412140016, King County records;thence along said southeasterly line N66°17'56"E 35.69 feet to a point on a line that is parallel with the South line of said Section 24, and passes through the most southerly corner of the southernmost of two concrete abutments near the westerly extension of S.W. 16th Street; thence along said parallel line S87°43'33"E 67.88 feet to the easterly line of said former Puget Sound Shore Railroad Company's Seattle Line; thence along said easterly line NO2°07'43"E 11.96 feet to the southerly right-of-way line of 1-405; thence along said southerly right-of-way line N81°57'27"E 43.10 feet; thence tangent to the preceding course along the arc of a curve to the left having a radius of 603.14 feet and a central angle of 19°04'30", an arc length of 200.80 feet; thence tangent to the preceding curve N62°52'57"E 90.32 feet; thence leaving said southerly right-of-way line S00`22'1 l"W 1022.22 feet to the North line of said Donation Land Claim No. 46; thence along said North line S87°13'57"E 1462.38 feet to the POINT OF BEGINNING. Contains 72.83 Acres of Land more or less. The Basis of Bearings for this description is the Record of Survey for Broad acres, Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. / Ail G__ < L. S. 27193 ��° y''�c * • 4. i7 l.'r,/p4, S t PARCEL B All that certain real property situate in the City of Renton, County of King, State of Washington, being a portion of Henry A. Meader's Donation Land Claim No. 46 in Sections 24 and 25, Township 23 N., Range 4 E., W. M., and a portion of Government Lot 13 in said Section 24, and being more particularly described as follows: BEGINNING at the Northwest corner of said Government Lot 13; thence from said POINT OF BEGINNING along the North line of said Government Lot 13 S87°26'45'E 504.52 feet to the northerly prolongation of the East line of said Donation Land Claim No. 46; thence along said prolongation and East line S02°46'03'W 1336.86 to the North line of the City of Seattle Bow Lake Pipeline right-of-way as conveyed by deed recorded under Recording No. 4131067, King County records; thence along said North line from a tangent that bears S84°32'34'W, along the arc of a curve to the left having a radius of 935.00 feet and a central angle of 11°47'46", an arc length of 192.50 feet; thence tangent to the preceding curve S72°44'48'W 288.62 feet; thence leaving said North line N01°02'56"E 154.52 feet; thence N00°56'17"E 1326.91 feet to the POINT OF BEGINNING_ Contains 15.51 Acres of Land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. ‘GsZtIkti '/ 9 :�j-. 1. L.S. 27193 :�oy�''c J' Y/. I . 1 i $ *f//// ��. lk1t MAL/FWC •••�+" 11-07-91 PARCELB.LEG 3-2464-3806 t 1 ' PARCEL C All that certain real propertysituate in the Cityof Renton, Countyof King, State of Washington, being that portion of Henry A. Meader's Donation Land Claim No. 46, in Section 25, T.23N., R.4E., W.M., described as follows: BEGINNING at the intersection of the South line of said Donation Claim, and the East line of Government Lot 10 in the N.E. 'A of said Section 25; thence from said POINT OF BEGINNING ! along said South line N87°13'57"W 1842.90 feet to the East line of the Burlington Northern Railway; thence along last said East line NO2°06'48"E 129.69 feet and NO2°07'43"E 251.58 feet to the South line of the Bow Lake Pipe Line as conveyed by deed recorded under recording No. 4131067, King County records; thence along said South line S87°13'57"E 1377.63 feet; thence tangent to the preceding course along the arc of a curve to the left having a radius of 152.55 feet and a central angle of 20°01'15", an arc length of 53.30 feet; thence tangent to the preceding curve N72°44'48"E 427.04 feet to the northerly prolongation of the East line of Government Lot 10; thence along said northerly prolongation SO1°02'56"W 536.89 feet to the POINT OF BEGINNING. Contains 16.87 Acres of land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. /V RI- cf, 4' A,174, lit 4.t ,, 440,trau 'e, L.S. 27193 v Yap 1- 4- �� '9FQ s4 ° -- 1/// / / �-..ceo ...,-1711),110S• �� MAI:/FWC 11-07-91 PAR CE LC.LEG 3-2464-3806 1 4 f PARCEL F All that certain real property situate in the City of Renton, County of King, State of Washington,being a portion of Government Lots 10& 11 in Section 25,Township 23N.,Range 4E., W.M., and being more particularly described as follows: BEGINNING at the intersection of the South line of Henry A. Meader's Donation Land Claim No. 46, with the East line of said Government Lot 10; thence from.said POINT OF BEGINNING along said East line S01°02'56'W 255.38 feet; thence leaving said East line N88°16'S5'W 1847.57 feet to a point on the East line of the Burlington Northern Railroad right-of way which is 289.12 feet Southerly,as measured along said right-of way line, from the intersection thereof with the South line of said Donation Land Claim No. 46; thence along last said East line NO2°06'48-E 289.12 feet to the South line of said Donation Land Claim; thence along said South line S87°13'57'E 1842.90 feet to the POINT OF BEGINNING. Contains 11.53 Acres of Land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres, Inc_. recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. L. S. '3 * oo VW Std, flFclFEO i0 /04.4t tAKO,. /'1J/ / FWC 11-21-91 PARCELF.LEG 3-2464-3806 PARCEL G All that certain real property situate in the City of Renton, County of King. State of Washington, being a portion of Government Lots 10 and 11, and of the S.W. 1/4 of the N.E. 1/4, and of the S.E. 1/4 of the N.W. 1/4, all in Section 25,Township 23N., Range 4E_, W.M., and being more particularly described as follows: BEGINNING at a point on the East line of said Government Lot 10, distant thereon S01.02'56"W 255.38 feet from the intersection thereof with the South line of Henry Mcader's Donation land Claim No. 46 thence from said POINT OF BEGINNING, along said East line of Government Lot 10, and the east line of said S.W. 1/4 of the N.E. 1/4 of Section 25, S01°02'56'W 1112.01 feet to a line that is parallel with and 545.6 feet northerly of the East- West centerline of said Section 25 (measured along the East line of said S.W. 1/4 of the N.E. 1/4); thence alongsaid parallel ' line N87 57 42 W 1908.19 feet to a line that is parallel with and 60.00 feet East of the East line of the Burlington Northern Railway right-of-way; thence along last said parallel line NO2`06'48"E 554.48 feet; thence N04°08'49'W 550.24 feet to a point on said East line of said Burlington Northern Railway right-of-way, distant thereon S02°06'48"W 289.12 feet from the intersection thereof with the South Line of said Donation Land Claim No. 46; thence S88°16'55'E 1847.57 feet to the POINT OF BEGINNING. Contains 46.06 Acres of Land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres, Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. ,,.+.; , it w may$ it/� % O t L. S. 27190 96-�151.1• //' Ate 41:1> ��� 77-9/ 0,4 p S� 1 LAK FWC 11-27-91 PARCELG.LEG 3-24-64-3806 1 u EXHIBIT B Legal Description of Strander Extension • EXHIBIT"B" BOEING PROPERTY (Portions of Tax Lot No.252304-9002&252304-9062) LEGAL DESCRIPTION: Tract F of the unrecorded BOEING LONGACRES PROPERTY BINDING SITE PLAN dated July 15, 2002 and approved by the City of Renton under Land Use Action number LUA-02-022-BSP and contained in Land Record number LND-35-0010. All situate in Section 25,Township 23 North, Range 4 East,Williamette Meridian, in the City of Renton,King County, Washington. H:\File Sys\LND-Land Subdivision&Surveying Records\LND-01 -Legal Descriptions\0048.doc 9/10/2002 • j •, i i j i / . . �� �_______, B•W Lake P .eline ,{, 1111.:c .. t, i = Ale h gb .t j i iI 3 s 1 I.►_ 0 ci 11110 hvilli _ _ _ ,,,' I SW 27th Street z Tract F O I Jam. A�PP y � —' � 0 400 800 i _ Gti°Y o,„ Technical Services Exhibit C City Limits 4. ♦ Planning/Building/Public Works Strander Extension —'— — —" Proposed Lot Lines "�� R.MacOnie,D.Visneski \tiv-f0� 10 September 2002 SW 27th Street EXHIBIT D Legal Descriptions of Boeing Properties in the City of Renton 1. Longacres Office Park 2. Boeing Customer Service Training Center 3. Boeing Renton Plant PARCEL A All that certain real property situate in the City of Renton, County of King, State of Washington, being a portion of Henry A. Meader's Donation Land Claim No. 46 in Sections 24 and 25, Township 23N.. Range 4E., W.M., and a portion of Government Lot 8 in said Section 24, and being more particularly described as follows: BEGINNING at the intersection of the North line of said Donation Land Claim No. 46, with the most Westerly line of Government Lot 13 in said Section 24; thence from said POINT OF BEGINNING S00°56'17"W 1257.95 feet; thence S01°02'56'W 154.52 feet to the northerly line of the City of Seattle Bow Lake Pipeline right-of-way as conveyed by deed recorded under Recording No. 4131067, King County records; thence along said northerly line S72°44'48-W 436.96 feet; thence tangent to the preceding course along the arc of a curve to the right having a radius of 122.55 feet and a central angle of 20°01'15", an arc length of 42.82 feet; thence tangent to the preceding curve N87°13'57"W 1377.97 feet to the East right-of-way line of the Burlington Northern Railway; thence along said East right-of-way line NO2°07'43'E 1709.63 feet; thence tangent to the preceding course along the arc of a curve to the left having a radius of 2107.00 feet and a central angle of 14°09'08", an arc length of 520.44 feet to the westerly line of the former Puget Sound Shore Railroad Company's Seattle Line; thence along said westerly line NO2°07'43"E 221.30 feet to the southeasterly line of the parcel conveyed to the State of Washington by deed recorded under A.F./1 8412140016, King County records;thence along said southeasterly line N66°17'56'E 35.69 feet to a point on a line that is parallel with the South line of said Section 24, and passes through the most southerly corner of the southernmost of two concrete abutments near the westerly extension of S.W. 16th Street; thence along said parallel line S87°43'33'E 67.88 feet to the easterly line of said former Puget Sound Shore Railroad Company's Seattle Line; thence along said easterly line NO2°07'43"E 11.96 feet to the southerly right-of-way line of 1-405; thence along said southerly right-of-way line N81°57'27"E 43.10 feet; thence tangent to the preceding course along the arc of a curve to the left having a radius of 603.14 feet and a central angle of 19°04'30", an arc length of 200.80 feet; thence tangent to the preceding curve N62°52'57"E 90.32 feet; thence leaving said southerly right-of-way line S00`22'11"W 1022.22 feet to the North line of said Donation Land Claim No. 46; thence along said North line S87°13'57"E 1462.38 feet to the POINT OF BEGINNING. Contains 72.83 Acres of Land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres, Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records_ / Ai .afrai L_ S- 27193 * k,O y''� -9E- It/44( PARCEL B All that certain real property situate in the City of Renton, County of King, State of Washington, being a portion of Henry A. Meader's Donation Land Claim No. 46 in Sections 24 and 25, Township 23 N., Range 4 E., W. M., and a portion of Government Lot 13 in said Section 24, and being more particularly described as follows: BEGINNING at the Northwest corner of said Government Lot 13; thence from said POINT OF BEGINNING along the North line of said Government Lot 13 S87°26'45"E 504.52 feet to the northerly prolongation of the East line of said Donation Land Claim No. 46; thence along said prolongation and East line S02°46'03'W 1336.86 to the North line of the City of Seattle Bow Lake Pipeline right-of-way as conveyed by deed recorded under Recording No. 4131067, King County records; thence along said North line from a tangent that bears S84°32'34"W, along the arc of a curve to the left having a radius of 935.00 feet and a central angle of 11°47'46", an arc length of 192.50 feet; thence tangent to the preceding curve S72°44'48'W 288.62 feet; thence leaving said °02'56"E ° 2 .91 feet to the POli:TOF North line N01 154.52 feet; thence N00 56 17 E 13 6 BEGINNING- Contains 15.51 Acres of Land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. A L.S. 27193 �`r' E FdSt epEC ip�J ff ��s. MAL/FW C 11-07-91 PARCELB.LEG 3-2464-3806 ( I 6 PARCEL C AU that certain real property situate in the City of Renton, County of King, State of Washington, No_being that portion of Henry A. Meader's Donation Land Claim Igo_ 46. in Section 25, T.23N., R.4E., W.M., described as follows: BEGINNING at the intersection of the South line of said Donation Claim, and the East line of Government Lot 10 in the N.E. 'A of said Section 25; thence from said POINT OF BEGINNING along said South line N87°13'57"W 1842.90 feet to the East line of the Burlington Northern Railway; thence along last said East line NO2°06'48"E 129.69 feet and NO2°07'43"E 251.58 feet to the South line of the Bow Lake Pipe Line as conveyed by deed recorded under recording No. 4131067, King County records; thence along said South line S87°13'57"E 1377.63 feet; thence tangent to the preceding course along the arc of a curve to the left having a radius of 152.55 feet and a central angle of 20°01'15", an arc length of 53.30 feet; thence tangent to the preceding curve N72°44'48"E 427.04 feet to the northerly prolongation of the East line of Government Lot 10; thence along said northerly prolongation S01°02'56"W 536.89 feet to the POINT OF BEGINNING. Contains 16.87 Acres of land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. %/ ' chi L.S. 27193 gay �Jf�'V41IAhDS�`/ MAL./FWC 11-07-91 PARCELC_LEG 3-2464-3806 PARCEL F All that certain real property situate in the City of Renton, County of King, State of Washington,being a portion of Government Lots 10 & 11 in Section 25,Township 23N.,Range 4E., W.M., and being more particularly described as follows: BEGINNING at the intersection of the South line of Henry A. Meader's Donation Land Claim No. 46, with the East line of said Government Lot 10; thence from,said POINT OF BEGINNING along said East line SO1°02'56'W 255.38 feet; thence leaving said East line N88°16'55-W 1847.57 feet to a point on the East line of the Burlington Northern Railroad right-of way which is 289.12 feet Southerly, as measured along said right-of way line, from the intersection thereof with the South line of said Donation Land Claim No. 46; thence along last said East line NO2°06'48'E 289.12 feet to the South line of said Donation Land Claim; thence along said South line S87°13'S7-E 1842.90 feet to the POINT OF BEGINNING. Contains 11.53 Acres of Land more or less. i The Basis of Bearings for this description is the Record of Survey for Broadacres, Inc., j recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. frejz E,i H 1, Gi‘e, FV / ° L. S. •3 4. , r I 1 63? 9F_)s Ftp ��� si94.41 tAKU.g — //1,1V FWC 11-21-91 PARCELF.LEG 3-2464-3806 4 4 J • PARCEL G All that certain real property situate in the City of Renton, County of King, State of Washington, being a portion of Government Lots 10 and li, and of the S.W. 1/4 of the N.E. 1/4, and of the S.E. 1/4 of the N.W. 1/4, all in Section 25, Township 23N., Range 4E., W.M., and being more particularly described as follows: BEGINNING at a point on the East line of said Government Lot 10, distant thereon SO1°02'56'W 255.38 feet from the intersection thereof with the South line of Henry Meader's Donation land Claim No. 46 thence from said POINT OF BEGINNING, along said East line of Government Lot 10, and the cast line of said S.W. 1/4 of the N.E. 1/4 of Section 25, SO1°02'56'W 1112.01 feet to a line that is parallel with and 545.6 feet northerly of the East- West centerline of said Section 25 (measured along the East line of said S.W. 1/4 of the N.E. 1/4); thence along said parallel line N87°57'42-W 1908.19 feet to a line that is parallel with and 60.00 feet East of the East line of the Burlington Northern Railway right-of-way; thence along last said parallel line NO2°06'48'E 554.48 feet; thence N04°08'49"W 550.24 feet to a point on said East line of said Burlington Northern Railway right-of-way, distant thereon S02°06'48'W 289.12 feet from the intersection thereof with the South Line of said Donation Land Claim No. 46; thence S88°16'55'E 1847.57 feet to the POINT OF BEGINNING. Contains 4-6.06 Acres of Land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres, Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records. y*a fJ' Pirte: cs'S % L. S_ 27190 ir., -1`•; <ff�o•, s rf'R s�\` /-27-7/ • ,4:41 tAKO FWC 11-27-91 PARCELG.LEG 3-2464-3806 • PARCEL I All that certain real property situate in the City of Renton, County of King. State of Washington. being a portion of the S.W. 114 of the N.E. 1/4, and of the N.W. l/4 of the S.E. 1/4 of Section 24. Township 23 North, Range 4 East, Willamette Meridian, and being more particularly described as follows: Commencing at the intersection of the North margin of S.W. 16th Street (South 153rd St.). with the West boundary of C.D. Hillman's Earlington Gardens Addition to the City of Seattle, Division-No. 1, as per the Plat recorded in Volume 17 of Plats, Page 74, Records of King County; thence from said POINT OF COMMENCEMENT, Westerly along said North margin, 350 feet to the TRUE POINT OF BEGINNING of this PARCEL I; thence from said TRUE POINT OF BEGINNING, continuing Werst&ly along-said North trtaigin S89°37'57"W 257.00 feet; thence leaving said Northerly margin at right angles, N00°22'03"W 214.06 feet to the Southerly right-of way line of SR 405; thence along said Southerly right-of-way line from a tangent that bears N78°13'53"E, along the arc of a curve to the right having a radius of 2765.00 feet, and a central angle of 05°23'22", an arc length of 260.09 feet; thence leaving said Southerly right-of-way line S00°22'03"E 253.41 feet to the TRUE POINT OF BEGINNING. CONTAINS 1.39 Acres of land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres, Inc., recorded in Book 10 of Surveys at Page 2, under Recording No. 7707289002, King County records. • e < I' • i Lir%/ o . - v _ L.S. 27193 ' ' • 4( CAKO f = F17VC 11-21.9.1 PARCEL!.LEG 3-2464-3806 PARCEL 1 All that certain real property situate in the City of Renton, County of King,.State of Washington. being Government Lot 14, and a portion of Government Lot 8, both in Section 24. Township 23 North, Range 4 East, Willamette Meridian, and a portion of the N.W. 1/4 of the S.E. l/4 of said Section 24, and a portion of the N.E. 1/4 of the S.E. 1/4 of said Section 24, and being more particularly described as follows: - BEGINNING at the Southwest corner of the N.E. 1/4 of the S.E. 1/4 of said Section 24; thence from said POINT OF BEGINNING, along the East line of said Government Lot 14 S00°56'17"W 68.96 feet to the North line of Henry A. Meader's Donation Land Claim No. 46; thence along said North line-1\187°13'57"W 1462.38 feet; thence leaving said North line N00°22'11-E 1022.22 feet to the southerly right-of-way line of I-405; thence along said southerly right-of-way line and the south right-of-way line of S.W. 16th Street from a tangent that bears N62°52'57"E. along the arc of a curve to the right having a radius of 543.14 feet and a central angle of 26°45'00", an arc length of 253.58 feet; thence tangent to the preceding curve-N89°3T57"Er1'079:63 feet; thence tangent to the preceding course along the arc of a curve to the left having a radius of 1940.08 feet and a central angle of 02°52'00", an arc length of 97.07 feet; thence tangent to the preceding curve N86°45'57"E 4.56 feet; thence tangent to the preceding course along the arc of a curve to the right having a radius of 1880.08 feet and a central angle of 01°32'55",an arc length of 50.81 feet; to the northwest corner of the parcel conveyed to the City of Renton under A.F. #8911030810,King County records;thence along the boundary of last said parcel S08°35'56"W 42.70 feet and N79°13'48"E 52.00 feet to the west bank of the White River Drainage Ditch No. 1; thence along said west bank the following courses: S00°34'04"W 138.18 feet, S27°08'00"E 186.06 feet, S29°52'37"E 79.58 feet, S35°57'46"E 133.48 feet, S31°23'55"E 99.64 feet, S48°12'00"E 170.74 feet, S60°12'45"E 105.81 feet, S80°40'25"E 141.98 feet, S40°52'33"E 144.78 feet, S34°40'43"E 132.06 feet, S18°10'45"E 75.74 feet, and S24°54'27"E 64.27 feet to the South line of the N.E. 1/4 of the S.E. 1/4 of said Section 24; thence along last said South line N87°26'45" W 899.63 feet to the POINT OF BEGINNING. Contains 47.38 Acres of land more or less. The-Basis of Bearings for this description is the Record of Survey for Broadacres Inc., recorded in Book 10 of Surveys at page 2, under Recording No. 7707289002, King County records_ y4 A ,- LS. 27193 - �° .; 0 9Fo?srEato ;p 111PC1*At tARS": PARCEL All that certain real property situate in the City of Renton, County of King, State •of Washington, being a portion of the S.W. 1/4 of the N.E. 1/4, and of the N.W. 1/4 of the S.E. 1/4 of Section 24, Township 23 North, Range 4 East. Willamette Meridian. and being more particularly described as follows: Commencing at the intersection of the North margin of S.W. 16th Street (South 153rd St.), with the West boundary of CD_ Hillman's Earlington Gardens Addition to the City of Seattle, Division No. 1, as per the Plat recorded in Volume 17 of Plats, Page 74, Records of King County; thence from said POINT OF COMMENCEMENT, Westerly along said North margin, 607 feet to the TRUE POINT OF BEGINNING of this PARCEL J; thence from said TRUE POINT OF BEGINNING, continuing Westerly along-said North-margin S89237'57"W 120.00 feet; thence leaving said Northerly margin at right angles, N00"22'03"W 187.07 feet to the Southerly right-of way line of SR 405; thence along said Southerly right-of-way line from a tangent that bears N75'40'56"E, along the arc of a curve to the right having a radius of 2765.00 feet, and a central angle of 02°32'57", an arc length of 123.02 feet; thence leaving said Southerly right-of-way line S00"22'03"E 214.06 feet to the TRUE POINT OF BEGINNING. CONTAINS 0.55 Acres of land more or less. The Basis of Bearings for this description is the Record of Survey for Broadaxes, Inc., recorded in Book 10 of Surveys at Page 2, under Recording No. 7707289002, King County records. _,,,,�•�• 4. alt. • L.S. 2719 b . � ,9 •�• Pio � 4194'ii t' f FWC 11-21-91 PARCELJ.LEG 3-2464-3806 + r • PARCEL K Al! that certain real property situate in the City of Renton, County of King. State of Washington, being a portion of the N.W. 1/4 of the S.E. 1/4 of Section 24, Township 23 North, Range 4 East, Willarnene Meridian, and being more particularly described as follows: Commencing at the intersection of the North margin of S.W. 16th Street (South 153rd St.), with the West boundary of C.D. Hillman's Earlington Gardens Addition to the City of Seattle, Division No. 1, as per the Plat recorded in Volume 17 of Plats, Page 74, Records of King County;thence from said POINT OF COMMENCEMENT, Westerly along said North margin, 727 feet to the TRUE POINT OF BEGINNING of this PARCEL K; thence from said TRUE POINT OF BEGINNING, continuing Westerly along said North margin S89°37'57"W 62.00 feet; thence"leaving said Northerly maigtn at -1-Tilt angles, NOt 22'03"W"I-70.90 feet to the Southerly right-of way line,of,SR 405; thence along said Southerly right-of-way line from a tangent that bears N74°21'17"E, along the arc of a curve to the right having a radius of 2765.00 feet, and a central angle 01 01°19'39", an arc length of 64.06 feet; thence leaving said Southerly right-of-way line S00°22'03"E 187.07 feet to the TRUE POINT OF BEGINNING. CONTAINS 0.25 Acres of land more or less. The Basis of Bearings for this description is the Record of Survey' for Broadacres, Inc., recorded in Book 10 of Surveys at Page 2, under Recording No. 7707289002,-King County records. L.S. 2719ecj.Ya. 9 0 lAt 'MI IMO FWC 11-21-91 PARC:ELK.LEG 3-2464-3806 • • PARCEL L All that certain real property situate in the City of Renton, County of King. State of Washington, being a portion of the N.W. 1/4 of the S.E. 1/4 of Section 24, Township 23 North, Range 4 East, Willamette Meridian, and being more particularly described as follows: Commencing at the intersection of the North margin of S.W. 16th Street(South 153rd St.), with the West boundary of C.D. Hillman's Earlington Gardens Addition to the City of Seattle, Division No. 1, as pe: the Plat recorded in Volume 17 of Plats, Page 74, Records of King County;thence from said POINT OF COMMENCEMENT, Westerly along said North margin, 789 feet to the TRUE POINT OF BEGINNING of this PARCEL L; thence from said TRUE POINT OF BEGINNING, continuing Westerly along said North margin S89°37'57"W 65.00 feet; thence N00°22'03"W 15.00 feet;--tltenee S89°37'5780-feet; thence leaving said Northerly margin at right angles, N00°22'03"W 121.79 feet to the Southerly right-of way line of SR 405; thence along said Southerly right-of-way line from a tangent that bears N71°52'08'E, along the arc of a curve to the right having a radius of 2765.00 feet, and a central angle of 02°29'09", an arc length of 119.96 feet; thence leaving said Southerly right-of- way line S00°22'03"E 170.90 feet to the TRUE POINT OF BEGINNING. CONTAINS 0.39 Acres of.land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres, Inc., recorded in Book 10 of Surveys at Page 2, under Recording No. 7707289002, King County records. l t'�ET H 1. G` f G � o w�'Y`' FJ • L.S. 27193 Ay, • . ' :. � 0 9 ., F� o q i, `ciO j/,z,-/7 FWC 11-21-91 PARCELL.LEG 3-2464-3806 PARCEL M All that certain real property situate in the City of Renton, County of King. State of Washington, being a portion of the N.W. 114 of the S.E. 114 of Section 24, Township 23 North. Range 4 East. Willamette Meridian, and being more particularly described as follows: Commencing at the intersection of the North margin of S.W. 16th Street (South 153rd St.), with the West boundary of C_D. Hillman's Earlington Gardens Addition to the City of Seattle, Division No. 1, as per the Plat recorded in Volume 17 of Plats, Page 74, Records of King County; thence from said POINT OF COMMENCEMENT, Westerly along said North margin, 854 feet; thence N00°22'03"W 15.00 feet;thence S89°37'57"W 50.00 feet to the TRUE POINT OF BEGINNING of this PARCEL M; thence from said TRUE POINT OF BEGINNING, continuing along said North margin S89°37'57"W 65.00 feet; thence S44737'57"W 21.21 feet; thence S89°37'57"W 124.11 feet; to the Easterly line of a parcel conveyed to the State of Washington by deed recorded under Auditor's File No. 5494126, King County records; thence leaving said North margin of S.W. 16th Street along last said Easterly line N22°42'33"W 56.60 feet to the Southerly right-of way line of SR 405; thence along said Southerly right-of-way line on a spiral chord bearing of N66°40'47"E 68.54 feet; thence from a tangent that bears N68°17'56"E, along the arc of a curve to the right having a radius of 2765.00 feet, and a central angle of 03°34'27', an • arc length of 172.48.feet; thence leaving said Southerly right-of-way line S00°22'03"E 121.79 feet to the TRUE POINT OF_BEGINNING. • CONTAINS 0.46 Acres of land more or less. The Basis of Bearings for this description is the Record of Survey for Broadacres, Inc., recorded in Book 10 of Surveys at Page 2, under Recording No. 7707289002, King County records. • /-zo# L•:S. 2719 °- q t o i 11-21-9L '� • 9 R a s I ,,7 J:rFWC ' 41 (A110S -‘ PARCELM.LEG 3-2464-3806 • PARCEL 1: LOTS 1 THROUGH 13 IN BLOCK 11 OF RENTON FARM PLAT,AS PER PLAT RECORDED IN VOLUME 10 OF PLATS, PAGE 97, RECORDS OF KING COUNTY; EXCEPT THAT PORTION THEREOF CONVEYED TO THE CITY OF RENTON BY DEEDS RECORDED UNDER RECORDING NOS. 7203140338 AND 9406070578; TOGETHER WITH LOTS 1 THROUGH 8 IN BLOCK 1 OF SARTORISVILLE, AS PER PLAT RECORDED IN VOLUME 8 OF PLATS, PAGE 7, RECORDS OF KING COUNTY; EXCEPT THAT PORTION OF SAID LOT 1 CONVEYED TO THE CITY OF RENTON BY DEED RECORDED UNDER RECORDING NO. 7203140338, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID LOT; THENCE WESTERLY ALONG THE NORTHERLY LINE THEREOF A DISTANCE OF 13.50 FEET; THENCE SOUTHEASTERLY ALONG THE ARC OF A CURVE TO THE RIGHT, RADIUS 13.50 FEET, THROUGH A CENTRAL ANGLE OF 90°, AN ARC LENGTH OF 21.20 FEET TO A POINT ON THE EASTERLY LINE OF SAID LOT, 13.50 FEET SOUTHERLY OF THE NORTHERLY CORNER THEREOF; THENCE NORTHERLY ALONG THE EASTERLY LINE THEREOF A DISTANCE OF 13.50 FEET TO THE NORTHEAST CORNER OF SAID LOT 1 AND THE POINT OF BEGINNING, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID LOT; THENCE WESTERLY ALONG THE NORTHERLY LINE THEREOF A DISTANCE OF 13.50 FEET; THENCE SOUTHEASTERLY ALONG THE ARC OF A CURVE TO THE RIGHT, RADIUS 13.50 FEET, THROUGH A CENTRAL ANGLE OF 90°, AN ARC LENGTH OF 21.20 FEET TO A POINT ON THE EASTERLY LINE OF SAID LOT, 13.50 FEET SOUTHERLY OF THE NORTHERLY CORNER THEREOF; THENCE NORTHERLY ALONG THE EASTERLY LINE THEREOF A DISTANCE OF 13.50 FEET TO THE NORTHEAST CORNER OF SAID LOT 1 AND THE POINT OF BEGINNING; AND TOGETHER WITH THE WEST 83.5 FEET OF LOTS 11 AND 12 IN BLOCK 1 OF SAID PLAT OF SARTORISVILLE; EXCEPT THE NORTH 20 FEET OF SAID LOTS 11 AND 12; AND TOGETHER WITH LOTS 1 AND 2 OF RENTON BOILER WORKS SHORT PLAT NO. 282-79, ACCORDING TO THE SHORT PLAT RECORDED UNDER KING COUNTY RECORDING NO. 7907109002; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON; • • PARCEL 2: LOTS 3, 4 AND 5 IN BLOCK 4 OF RENTON FARM ACREAGE, AS PER PLAT RECORDED IN VOLUME 12, PAGE 37, RECORDS OF KING COUNTY; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 3: THE WEST 17.5 FEET OF THE NORTH 30 FEET OF LOT 10, THE WEST 17.5 FEET OF LOTS 11, 12,AND 13, ALL OF LOTS 14, 15, AND 16, AND THE NORTH 30 FEET OF LOT 17, ALL IN BLOCK 10 OF RENTON FARM PLAT, AS PER PLAT RECORDED IN 10 OF PLATS, PAGE 97, RECORDS OF KING COUNTY; TOGETHER WITH THAT PORTION OF THE VACATED ALLEY ADJOINING; EXCEPT THAT PORTION DEEDED TO THE CITY OF RENTON BY DEED RECORDED UNDER RECORDING NO. 7307090450; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 4: THAT PORTION OF THE NORTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., DESCRIBED AS FOLLOWS: BEGINNING AT A POINT 60 FEET NORTH OF THE NORTHEAST CORNER OF LOT 13 IN BLOCK 10 OF RENTON FARM PLAT, AS PER PLAT RECORDED IN VOLUME 10 OF PLATS, PAGE 97, RECORDS OF KING COUNTY; THENCE NORTH, ALONG THE WEST LINE OF PARK AVENUE PRODUCED, 185 FEET; THENCE WEST 107.5 FEET; THENCE SOUTH 185 FEET; THENCE EAST 107.5 FEET TO THE POINT OF BEGINNING; EXCEPT THAT PORTION THEREOF CONVEYED TO THE CITY OF RENTON FOR THE WIDENING OF 6T" AVENUE NORTH BY DEED RECORDED UNDER RECORDING NO. 7206090448; AND EXCEPT THAT PORTION THEREOF CONVEYED TO THE CITY OF RENTON FOR RIGHT-OF-WAY BY DEED RECORDED UNDER RECORDING NO. 9406070574; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 5: PARCEL B OF CITY OF RENTON SHORT PLAT NO. 093-89, ACCORDING TO THE SHORT PLAT RECORDED UNDER KING COUNTY RECORDING NO. 8911149006; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. r • PARCEL 6: THAT PORTION OF THE SOUTH 660 FEET OF THE NORTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., WHICH LIES NORTH OF THE NORTH LINE OF NORTH 6T" STREET AND BETWEEN THE NORTHERLY EXTENSION OF THE CENTERLINES OF PELLY AVENUE NORTH AND MAIN STREET, NOW WELLS STREET NORTH; EXCEPT THAT PORTION THEREOF CONVEYED TO THE CITY OF RENTON BY DEEDS RECORDED UNDER RECORDING NOS. 7108190352 AND 8509130916; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 7: PARCEL A OF CITY OF RENTON SHORT PLAT NO. 093-89, ACCORDING TO THE SHORT PLAT RECORDED UNDER KING COUNTY RECORDING NO. 8911149006; TOGETHER WITH LOTS 1 THROUGH 5 IN BLOCK 3 AND LOTS 1 AND 2 IN BLOCK 4 OF RENTON FARM ACREAGE, AS PER PLAT RECORDED IN VOLUME 12 OF PLATS, PAGE 37, RECORDS OF KING COUNTY; AND TOGETHER WITH THAT PORTION OF VACATED STREET AND ALLEY ADJOINING, AS VACATED UNDER CITY OF RENTON ORDINANCE NOS. 3319, 3327 AND 4048 WHICH, UPON VACATION, ATTACHES TO SAID PROPERTY BY OPERATION OF LAW; AND TOGETHER WITH THAT PORTION OF THE NORTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., WHICH LIES BETWEEN THE WEST LINE OF SAID VACATED ALLEY ON THE EAST AND THE EAST LIEN OF SECONDARY STATE HIGHWAY NO. 2-A(PARK AVENUE EXTENSION) ON THE WEST; EXCEPT THAT PORTION THEREOF CONVEYED TO THE CITY OF RENTON BY DEEDS RECORDED UNDER RECORDING NOS. 5180889 AND 9406070579; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 8: THAT PORTION OF THE NORTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., DESCRIBED AS FOLLOWS: BEGINNING AT THE POINT OF INTERSECTION OF THE NORTH LINE OF SAID SUBDIVISION WITH THE NORTHERLY PRODUCTION OF THE WEST LINE OF PARK AVENUE, AS SHOWN IN THE PLAT OF RENTON FARM PLAT, AS PER PLAT RECORDED IN VOLUME 10 OF PLATS, PAGE 97, RECORDS OF KING COUNTY; THENCE SOUTHERLY ALONG SAID PRODUCTION, TO A POINT 715 FEET NORTH OF THE SOUTH LINE OF SAID SUBDIVISION; THENCE WEST PARALLEL WITH AND DISTANT 715 FEET NORTH FROM SAID SOUTH LINE TO THE NORTHERLY PRODUCTION OF THE CENTER LINE OF PELLY STREET; THENCE SOUTH ALONG SAID PRODUCED CENTERLINE, TO THE NORTH OF SOUTH 660 FEET OF SAID SUBDIVISION; a 4 THENCE WEST ALONG SAID NORTH LINE TO THE NORTHERLY PRODUCTION OF THE CENTER LINE OF MAIN STREET, NOW WELLS AVENUE NORTH, AS SHOWN IN THE PLAT OF RENTON FARM PLAT NO. 2, AS PER PLAT RECORDED IN VOLUME 11 OF PLATS, PAGE 32, RECORDS OF KING COUNTY; THENCE SOUTHERLY ALONG SAID PRODUCTION TO THE NORTH LINE OF NORTH 6TH STREET; THENCE WESTERLY ALONG SAID NORTH LINE OF NORTH 6T" STREET TO THE EASTERLY MARGIN OF THE ABANDONED BURLINGTON NORTHERN RAILROAD RIGHT-OF-WAY; THENCE NORTHERLY ALONG SAID RIGHT-OF-WAY TO THE NORTH LINE OF SAID SUBDIVISION; THENCE EASTERLY ALONG SAID NORTH LINE TO THE POINT OF BEGINNING; EXCEPT THAT PORTION CONVEYED TO THE CITY OF RENTON FOR THE WIDENING OF NORTH 6T" STREET BY DEEDS RECORDED UNDER RECORDING NOS. 7106110508, 7106110510, 7106110511, 8509100968, 8509130916 AND 8509130917; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON PARCEL 9-A: THAT PORTION OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 OF SECTION 7, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., LYING SOUTHERLY OF NORTH 6T" STREET, WESTERLY OF LOGAN STREET NORTH EXTENSION (LOGAN.AVENUE NORTH) AS DEEDED TO THE STATE OF WASHINGTON BY DEED RECORDED UNDER RECORDING NO. 3261297, EASTERLY OF CEDAR RIVER WATERWAY (COMMERCIAL WATERWAY NO. 2), AND NORTHERLY OF THAT CERTAIN TRACT OF LAND CONVEYED TO RENTON SCHOOL DISTRICT BY DEED RECORDED UNDER RECORDING NO. 5701684; EXCEPT THAT PORTION CONVEYED TO THE BOEING COMPANY BY DEED RECORDED UNDER RECORDING NO. 5907048 (ALSO BEING THAT TRACT DESCRIBED IN PARCEL 10 FOLLOWING); SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON PARCEL 9-B: THAT PORTION OF GOVERNMENT LOTS 1 AND 3 IN THE EAST 'h OF SECTION 7, TOWNSHIP 23 NORTH, RANGE 5 EAST W.M., AND OF C.H. ADSIT'S LAKE WASHINGTON PLAT, AS PER PLAT RECORDED IN VOLUME 8 OF PLATS, PAGE 79, RECORDS OF KING COUNTY, AND CERTAIN VACATED STREETS, AVENUES AND ALLEYS IN SAID PLAT, AND CERTAIN SHORE LANDS AND VACATED LOGAN STREET NORTH (FORMERLY WILLIAMS STREET NORTH), IN SAID SHORE LANDS, ALL DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTH LINE OF SIXTH AVENUE NORTH AND THE WEST LINE OF LOGAN STREET NORTH; THENCE NORTHERLY ALONG THE WEST LINE OF SAID LOGAN STREET NORTH TO THE EAST-WEST CENTERLINE IN SAID SECTION 7; THENCE EASTERLY ALONG SAID CENTERLINE OF SAID SECTION TO THE WESTERLY LINE OF SAID LOGAN STREET NORTH, AS THE SAME IS CONVEYED NORTH OF SAID SECTION LINE; THENCE NORTHERLY ALONG SAID WEST LINE OF SAID LOGAN STREET NORTH TO AN ANGLE POINT IN SAID WEST LINE; 4 THENCE NORTHWESTERLY ALONG THE SOUTHWESTERLY UNE OF SAID LOGAN STREET NORTH TO AN INTERSECTION WITH A UNE PARALLEL WITH AND 30 FEET NORTHWESTERLY OF THE GOVERNMENT MEANDER UNE IN SAID GOVERNMENT LOT 1; THENCE NORTHERLY ALONG SAID PARALLEL UNE TO A POINT ON THE NORTHEASTERLY LINE OF SAID VACATED LOGAN STREET NORTH; THENCE ALONG SAID NORTHEASTERLY UNE, NORTHWESTERLY TO AN ANGLE POINT IN SAID NORTHEASTERLY LINE; THENCE NORTHWESTERLY ALONG THE NORTHEASTERLY LINE OF SAID VACATED STREET TO THE INNER HARBOR UNE OF LAKE WASHINGTON; THENCE SOUTHWESTERLY ALONG SAID INNER HARBOR LINE TO THE EASTERLY UNE OF THE RIGHT- OF-WAY OF COMMERCIAL WATERWAY NO. 2; THENCE SOUTHERLY, ALONG THE EASTERLY LINE OF SAID WATERWAY RIGHT-OF-WAY, TO ITS INTERSECTION WITH THE NORTH UNE OF SAID SIXTH AVENUE NORTH; THENCE EASTERLY ALONG SAID NORTH LINE TO THE POINT OF BEGINNING; TOGETHER WITH BLOCK C OF THE 3R0 SUPPLEMENT OF LAKE WASHINGTON SHORE LANDS; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 9-C: AN IRREGULAR TRACT OF LAND LYING IN THE SOUTHWEST 1/4 OF SECTION 5, THE SOUTHEAST 1/4 OF SECTION 6, THE NORTHEAST 1/4 OF SECTION 7 AND IN THE NORTHWEST 1/4 OF SECTION 8, ALL IN TOWNSHIP 23 NORTH, RANGE 5 EAST W.M., INCLUDING WITHIN THIS TRACT CERTAIN PORTIONS OF LAKE WASHINGTON SHORE LANDS, AS SHOWN ON SHEETS NOS. 3 AND 4 OF MAP PREPARED BY UDO HESSE AND FILED IN CAUSE NO. 156371 IN THE SUPERIOR COURT OF KING COUNTY ENTITLED SEATTLE FACTORY SITES COMPANY, ET AL VS. ANNIE 3. ADAMS, ET AL , AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF GOVERNMENT LOT 1, SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST W.M.; THENCE NORTH 88°51'05" WEST ALONG THE NORTH UNE OF SAID LOT 1, AND ALONG SUCH UNE PRODUCED WESTERLY 960.01 FEET, MORE OR LESS,TO AN INTERSECTION WITH THE WESTERLY MARGIN OF THE RIGHT-OF-WAY OF THE NORTHERN PACIFIC RAILWAY COMPANY; THENCE CONTINUING NORTH 88°51'05" WEST ALONG THE NORTH LINE OF SAID LOT 1 PRODUCED WESTERLY, 761.39 FEET, MORE OR LESS, TO AN EXISTING CONCRETE MONUMENT, SAID MONUMENT BEING AN ANGLE POINT UPON THE NORTHERLY LINE OF THE SHUFFLETON STEAM PLANT PROPERTY; THENCE NORTH 43°06'56" WEST, ALONG SAID NORTHERLY PROPERTY LINE OF SAID SHUFFLETON PROPERTY, 680.06 FEET, MORE OR LESS, TO AN INTERSECTION WITH THE INNER HARBOR UNE OF LAKE WASHINGTON SHORE LANDS AS LAID OUT BY THE STATE OF WASHINGTON; THENCE SOUTH 46°52'27" WEST ALONG SAID INNER HARBOR LINE 858.51 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING SOUTH 46°52'27" WEST ALONG SAID INNER HARBOR LINE 726.94 FEET TO AN INTERSECTION WITH THE EASTERLY MARGIN OF THE VACATED COUNTY ROAD NO. 376, ALSO KNOWN AS RAILROAD AVENUE, WILLIAMS STREET AND LOGAN STREET IN THE CITY OF RENTON, SAID ROAD BEING EXTENDED NORTHERLY; THENCE SOUTH 14°3626" EAST,ALONG THE EASTERLY MARGIN OF SAID EXTENDED COUNTY ROAD 817.01 FEET TO AN ANGLE POINT IN THE EASTERLY MARGIN OF SAID ROAD; THENCE SOUTH 41°22'31" EAST ALONG SAID EASTERLY MARGIN 514.19 FEET TO A POINT UPON THE NORTHERLY BOUNDARY OF THE BOEING COMPANY PROPERTY KNOWN AS PARCEL V; THENCE SOUTH 66°24'16" EAST ALONG SAID NORTHERLY BOUNDARY OF PARCEL V 217.51 FEET, MORE OR LESS, TO AN INTERSECTION WITH THE NORTHWESTERLY MARGIN OF THE RIGHT-OF-WAY OF THE NORTHERN PACIFIC RAILWAY COMPANY, SAID INTERSECTION BEING POINT ON A CURVE OF RADIUS 1482.71 FEET FROM WHICH THE CENTER OF THE CIRCLE BEARS SOUTH 62°38'53" EAST; THENCE NORTHEASTERLY ALONG SAID RIGHT-OF-WAY ON A CURVE TO THE RIGHT AN ARC LENGTH OF 316.79 FEET TO A POINT FROM WHENCE THE CENTER OF THE CIRCLE BEARS SOUTH 50°2423" EAST; THENCE NORTH 14°34'18" WEST 1,546.44 FEET TO THE TRUE POINT OF BEGINNING; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 9-D AN IRREGULAR TRACT OF LAND LYING IN THE SOUTHWEST 1/4 OF SECTION 5,THE SOUTHEAST 1/4 OF SECTION 6, THE NORTHEAST 1/4 OF SECTION 7 AND IN THE NORTHWEST 1/4 OF SECTION 8, ALL IN TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., INCLUDING WITHIN THIS TRACT CERTAIN PORTIONS OF LAKE WASHINGTON SHORE LANDS, AS SHOWN ON SHEET NOS. 3 AND 4 OF MAP PREPARED BY UDO HESSE AND FILED IN CAUSE NO. 156371 IN THE SUPERIOR COURT OF KING COUNTY ENTITLED SEATTLE FACTORY SITES COMPANY, ET AL VS. ANNIE J. ADAMS, ET AL AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF GOVERNMENT LOT 1, SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST W.M.; THENCE NORTH 88°51'05" WEST ALONG THE NORTH UNE OF SAID LOT 1, AND ALONG SUCH UNE PRODUCED WESTERLY, 960.01 FEET, MORE OR LESS, TO AN INTERSECTION WITH THE WESTERLY MARGIN OF THE RIGHT-OF-WAY OF THE NORTHERN PACIFIC RAILWAY COMPANY; THENCE CONTINUING NORTH 88°51'05" WEST ALONG THE NORTH UNE OF SAID LOT 1 PRODUCED WESTERLY 761.39 FEET, MORE OR LESS,TO AN EXISTING CONCRETE MONUMENT, SAID MONUMENT BEING AN ANGLE POINT UPON THE NORTHERLY LINE OF THE SHUFFLETON STEAM PLANT PROPERTY; THENCE NORTH 43°06'56" WEST,ALONG SAID NORTHERLY PROPERTY LINE OF SAID SHUFFLETON PROPERTY, 680.06 FEET, MORE OR LESS, TO AN INTERSECTION WITH THE INNER HARBOR LINE OF LAKE WASHINGTON SHORE LANDS, AS LAID OUT BY THE STATE OF WASHINGTON; THENCE SOUTH 46°52'27" WEST ALONG SAID INNER HARBOR LINE 607.89 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING SOUTH 46°5227" WEST ALONG SAID INNER HARBOR LINE 250.62 FEET; THENCE SOUTH 14°34'18" EAST 1,546.44 FEET TO AN INTERSECTION WITH THE NORTHWESTERLY MARGIN OF THE RIGHT-OF-WAY OF THE NORTHERN PACIFIC RAILWAY COMPANY, SAID INTERSECTION BEING POINT ON A CURVE OF RADIUS 1,482.71 FEET FROM WHICH THE CENTER OF THE CIRCLE BEARS SOUTH 50°24'23" EAST; THENCE NORTHEASTERLY ALONG SAID RIGHT-OF-WAY ON A CURVE TO THE RIGHT AN ARC LENGTH OF 132.81 FEET TO A POINT OF COMPOUND CURVE OF RADIUS 2,052.27 FEET FROM WHENCE THE CENTER OF THE CIRCLES BEAR SOUTH 45°16'28" EAST; THENCE CONTINUING ALONG SAID RIGHT-OF-WAY MARGIN ON A CURVE TO THE RIGHT AN ARC LENGTH OF 214.91 FEET TO A POINT OF TANGENCY; THENCE NORTH 50°43'32" EAST ALONG SAID RIGHT-OF-WAY MARGIN 159.90 FEET; THENCE NORTH 20°38'24" WEST 700.81 FEET; 1 THENCE NORTH 46°53'04" EAST 215.00 FEET; THENCE NORTH 43°0656" WEST 713.87 FEET TO THE TRUE POINT OF BEGINNING; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 10: THAT PORTION OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 OF SECTION 7, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., LYING EASTERLY OF COMMERCIAL WATERWAY DISTRICT NO. 2 (CEDAR RIVER WATERWAY), AND WESTERLY OF LOGAN STREET NORTH EXTENSION (LOGAN AVENUE NORTH)AS DEEDED TO THE STATE OF WASHINGTON BY DEED RECORDED UNDER RECORDING NO. 3261297, DESCRIBED AS: BEGINNING AT THE SOUTH MARGIN OF 6T"AVENUE NORTH AND THE WEST MARGIN OF LOGAN STREET NORTH; THENCE NORTH 89°34'11"WEST ALONG SAID SOUTH MARGIN, 674.91 FEET, TO THE MOST NORTHERLY AND WESTERLY CORNER OF A TRACT CONVEYED TO THE BOEING COMPANY, BY DEED RECORDED UNDER RECORDING NO. 5701683, AND THE TRUE POINT OF BEGINNING; THENCE CONTINUING NORTH 89°34'11" WEST, ALONG SAID SOUTH MARGIN, 441.54 FEET TO THE EASTERLY RIGHT-OF-WAY LINE OF COMMERCIAL WATERWAY DISTRICT NO. 2, AS CONDEMNED IN KING COUNTY SUPERIOR COURT CAUSE NO. 211409; THENCE SOUTH 12°47'42" EAST, ALONG SAID RIGHT-OF-WAY UNE, 328.72 FEET TO THE INTERSECTION WITH A LINE PARALLEL WITH AND 320 FEET SOUTH OF, AS MEASURED AT RIGHT ANGLES TO THE SOUTH MARGIN OF 6T" AVENUE NORTH; THENCE SOUTH 89°34'11" EAST ALONG SAID PARALLEL LINE, 366.34 FEET; THENCE NORTH 00°25'49" EAST 320.00 FEET TO THE TRUE POINT OF BEGINNING; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 11: THAT PORTION OF THE NORTHWEST 1/4 OF SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST W.M., DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTH LINE OF SAID NORTHWEST 1/4 WITH THE EASTERLY MARGIN OF PARK STREET,ALSO KNOWN AS SECONDARY STATE HIGHWAY NO. 2A; • THENCE SOUTH 89°28'19" EAST ALONG SAID SOUTH LINE 771.21 FEET; THENCE NORTH 00°31'51" EAST 253.23 FEET TO THE TO THE POINT OF CURVATURE OF A CURVE TO THE LEFT OF RADIUS 850 FEET; • • THENCE NORTHERLY ALONG SAID CURVE 274.82 FEET TO THE POINT OF TANGENCY; THENCE NORTH 17°59'39"WEST 1484.81 FEET TO A POINT ON A CURVE OF A CURVE TO THE RIGHT, SAID POINT BEING ON THE SOUTHEASTERLY MARGIN OF LAKE WASHINGTON BOULEVARD; THENCE SOUTHWESTERLY ALONG SAID CURVE TO THE POINT OF REVERSE CURVATURE OF A CURVE TO THE LEFT FROM WHENCE THE CENTER BEARS SOUTH 49°18'19" EAST 288.67 FEET; THENCE SOUTHERLY ALONG SAID CURVE 250.57 FEET TO THE POINT OF TANGENCY, SAID POINT OF TANGENCY BEING ON THE EASTERLY MARGIN OF SAID PARK STREET; THENCE SOUTH 00°57'41"WEST ALONG SAID EASTERLY MARGIN 1581.30 FEET TO THE POINT OF BEGINNING; EXCEPT THAT PORTION FOR PRIMARY STATE HIGHWAY NO. 1 (SR 405) NORTH RENTON INTERCHANGE AS CONDEMNED IN KING COUNTY SUPERIOR COURT CAUSE NO. 656127; AND EXCEPT THAT PORTION(S)THEREOF CONVEYED TO THE CITY OF RENTON FOR PARK AVENUE NORTH BY DEED RECORDED UNDER RECORDING NO. 9703181422, BEING A RE-RECORDING OF 9612120855 AND RECORDING NO. 8811150482; TOGETHER WITH THAT PORTION OF VACATED LAKE WASHINGTON BOULEVARD; ADJOINING, WHICH. UPON VACATION, ATTACHED TO SAID PROPERTY BY OPERATION OF LAW; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 12: AN IRREGULAR TRACT OF LAND LYING IN THE NORTHWEST 1/4 OF SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., IN KING COUNTY, WASHINGTON, INCLUDING WITHIN THIS TRACT CERTAIN PORTIONS OF LAKE WASHINGTON SHORE LANDS AS SHOWN ON SHEETS NOS. 3 AND 4 OF MAP PREPARED BY UDO HESSE AND FILED IN CAUSE NO. 156371 IN THE SUPERIOR COURT OF KING COUNTY ENTITLED SEATTLE FACTORY SITES COMPANY, ET AL VS. ANNIE J. ADAMS, ET AL, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF GOVERNMENT LOT 1, SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., IN KING COUNTY, WASHINGTON; THENCE NORTH 88°51'05" WEST ALONG THE NORTH UNE OF SAID LOT 1, AND ALONG SUCH UNE PRODUCED WESTERLY 960.01 FEET, MORE OR LESS,TO AN INTERSECTION WITH THE WESTERLY MARGIN OF THE RIGHT-OF-WAY OF THE NORTHERN PACIFIC RAILWAY COMPANY; THENCE CONTINUING NORTH 88°51'05" WEST ALONG THE NORTH UNE OF SAID LOT 1 PRODUCED WESTERLY 761.39 FEET, MORE OR LESS, TO AN EXISTING CONCRETE MONUMENT, SAID MONUMENT BEING AN ANGLE POINT UPON THE NORTHERLY LINE OF THE SHUFFLETON STEAM PLANT PROPERTY; THENCE NORTH 43°06'56"WEST, ALONG SAID NORTHERLY PROPERTY LINE OF SAID SHUFFLETON PROPERTY,680.06 FEET, MORE OR LESS, TO AN INTERSECTION WITH THE INNER HARBOR UNE OF LAKE WASHINGTON SHORE LANDS AS LAID OUT BY THE STATE OF WASHINGTON; THENCE SOUTH 46°52'27" WEST ALONG SAID INNER HARBOR LINE 607.89 FEET; THENCE SOUTH 43°06'56" EAST 713.87 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING SOUTH 43°06'56" EAST 220.00 FEET; THENCE SOUTH 46°53'04" WEST 220.00 FEET; • • THENCE SOUTH 31°37'23" EAST 448.22 FEET TO AN INTERSECTION WITH THE NORTHWESTERLY MARGIN OF THE RIGHT-OF-WAY OF THE NORTHERN PACIFIC RAILWAY COMPANY; THENCE ALONG SAID MARGIN SOUTH 50°43'32" WEST 174.00 FEET; THENCE NORTH 20°3824" WEST 700.61 FEET; THENCE NORTH 46°53'04" EAST 215.00 FEET TO THE TRUE POINT OF BEGINNING; EXCEPT THOSE PORTIONS THEREOF CONVEYED TO PUGET SOUND POWER&LIGHT COMPANY BY DEED RECORDED UNDER RECORDING NO. 8812140277 AND FURTHER DELINEATED AS PARCELS C AND D ON CITY OF RENTON LOT LINE ADJUSTMENT NO. 004-88, RECORDED UNDER RECORDING NO. 8808309006; TOGETHER WITH THAT PORTION KNOWN AS PARCEL E OF CITY OF RENTON LOT LINE ADJUSTMENT NO. 004-88 RECORDED UNDER RECORDING NO. 8808309006, DESCRIBED AS: BEGINNING AT THE ABOVE REFERENCED TO THE POINT OF BEGINNING; THENCE SOUTH 43°06'56" EAST 3.86 FEET; THENCE SOUTH 14°36'26" EAST 244.87 FEET TO THE TRUE TO THE POINT OF BEGINNING; THENCE CONTINUING SOUTH 14°36'26" EAST 345.29 FEET; THENCE NORTH 31°37'32" WEST 309.63 FEET; THENCE NORTH 46°53'04" EAST 103.03 FEET TO THE TRUE TO THE POINT OF BEGINNING; SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 13: THAT PORTION OF GOVERNMENT LOT 3 IN SECTION 8,TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., LYING EASTERLY OF THE ABANDONED BURLINGTON NORTHERN (LAKE WASHINGTON BELT LINE) RAILROAD RIGHT-OF-WAY AND LYING WESTERLY OF PARK AVENUE (LAKE WASHINGTON BOULEVARD S.E.); TOGETHER WITH THAT PORTION OF GOVERNMENT LOT 2 IN SAID SECTION, DESCRIBED AS: BEGINNING AT THE INTERSECTION OF THE SOUTHEASTERLY MARGIN OF THE ABANDONED BURLINGTON NORTHERN (LAKE WASHINGTON BELT UNE) RAILROAD RIGHT-OF-WAY AND THE WESTERLY MARGIN OF PARK AVENUE (LAKE WASHINGTON BOULEVARD S.E.); THENCE SOUTHWESTERLY ALONG SAID SOUTHEASTERLY MARGIN 60 FEET TO THE TRUE TO THE POINT OF BEGINNING; THENCE SOUTHEASTERLY AT RIGHT ANGLES THERETO 10 FEET, MORE OR LESS, TO THE WESTERLY MARGIN OF PARK AVENUE (LAKE WASHINGTON BOULEVARD S.E.); THENCE SOUTHERLY ALONG SAID MARGIN TO THE SOUTH LINE OF SAID GOVERNMENT LOT; THENCE WESTERLY TO SAID SOUTHEASTERLY RAILROAD MARGIN; THENCE NORTHEASTERLY TO THE TRUE POINT OF BEGINNING; I aS.' EXCEPT THAT PORTION THEREOF CONDEMNED FOR SR 405 BY KING COUNTY SUPERIOR COURT CAUSE NO. 656127; AND EXCEPT THAT PORTION THEREOF CONVEYED TO THE CITY OF RENTON FOR WIDENING OF PARK AVENUE NORTH BY DEED RECORDED UNDER RECORDING NO. 9703181422; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 14: THAT PORTION OF THE BURLINGTON-NORTHERN INC. (FORMERLY NORTHERN PACIFIC RAILWAY CO.) 100 FOOT RAILWAY RIGHT-OF-WAY IN SECTIONS 7 AND 8,TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M., LYING BETWEEN THE NORTH MARGIN OF NORTH 4T"STREET AND THE SOUTH MARGIN OF NORTH 6T" STREET; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. PARCEL 15: THAT PORTION OF THE BURLINGTON NORTHERN INC.'S 100 FOOT RIGHT-OF-WAY FOR ITS BELT UNE IN GOVERNMENT LOTS 1, 2, 3 AND NORTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 8, TOWNSHIP 23 NORTH, RANGE 5 EAST, W.M.,AND GOVERNMENT LOTS 1 AND 2 IN SECTION 7, SAID TOWNSHIP AND RANGE, BETWEEN A WEST PRODUCTION OF THE NORTH UNE OF 6TH AVENUE NORTH AND A LINE EXTENDING SOUTHEASTERLY AND RADIALLY TO THE MAIN TRACK CENTER UNE AS NOW CONSTRUCTED FROM SURVEY STATION 1068+00 IN SAID CENTER UNE (DISTANT 40.8 FEET SOUTHWESTERLY, MEASURED ALONG SAID MAIN TRACK CENTER LINE, FROM THE SOUTHWESTERLY END OF BURLINGTON NORTHERN INC.'S BRIDGE NO. 3) AND SOUTHEASTERLY OF THE FOLLOWING DESCRIBED UNE: BEGINNING AT A POINT 25 FEET SOUTHEASTERLY, MEASURED RADIALLY AND AT RIGHT ANGLES TO THE CENTER UNE OF TRACK AS NOW CONSTRUCTED, FROM SURVEY STATION 1068+00; THENCE SOUTHWESTERLY IN A STRAIGHT LINE TO A POINT 25 FEET NORTHWESTERLY, MEASURED FROM THE SOUTHEASTERLY RIGHT-OF-WAY UNE AT SURVEY STATION 1074+00; THENCE CONTINUING SOUTHWESTERLY AT AN ANGLE TO THE RIGHT TO A POINT ON THE NORTHWESTERLY UNE OF THE 100 FOOT RIGHT-OF-WAY OF BURLINGTON NORTHERN INC. AND SOUTHEASTERLY OF SPUR TRACK HEADBLOCK STATION 8+85.5 THE END OF DESCRIBED LINE AND END OF DESCRIPTION; SITUATED IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. EXHIBIT E Reserve Account Transaction and Status Report • a k '* ' EXHIBIT E Longacres Prepaid Trips Reserve Account Transaction and Status Report The agreement entered into by The Boeing Company("Boeing")and the City of Renton("City")dated concerning the extension of S.W.27th Street(also known as Strander Boulevard)across the Boeing Longacres Office Park("LOP")property("Strander Agreement")includes a provision for the establishment of a Reserve Account for the total number of LOP trips represented by the transportation mitigation fees satisfied under the Strander Agreement("Prepaid Trips"). Prepaid Trips means the number of average daily trips to be generated by full development of the LOP that were estimated in the Environmental Impact Statement("EIS")Mitigation Document for the LOP,issued in May, 1995 (27,000 average daily trips), less those estimated trips for LOP development projects for which transportation mitigation fees have been paid to the City.' As of the date of the Strander Agreement,the number of LOP Prepaid Trips was 23,970 average daily trips. The Reserve Account was created upon dedication by Boeing of the S.W.27th Street extension right of way,with an initial deposit of 23,970 Prepaid Trips. Boeing may at its sole discretion withdraw from the Reserve Account all or a portion of the Prepaid Trips,to be credited against and to constitute full payment of the City transportation mitigation fees for the equal number of trips generated by development of any property within the City of Renton that was owned by Boeing on the date of the Strander Agreement and that would otherwise be subject to the City transportation mitigation fees. This Report,in form and content as depicted in this Exhibit E,shall be used by Boeing to report a transaction to withdraw,designate,or assign trips in the Reserve Account and by the City to record and acknowledge such transaction. Boeing shall submit the Report to the City at the time of a planned withdrawal. The Administrator of Planning,Building and Public Works shall acknowledge the withdrawal and designation by signature. Copies of the Report shall be placed in the City's project file for the receiving project and for the LOP Binding Site Plan, and a copy shall be provided to Boeing. Number of Balance of Acknowledgement of Trips in City File Number and Location Trips After Transaction and Balance Date Transaction of Receiving.Project Transaction by City of Renton Date2 +23,970 LOP Binding Site Plan, Longacres 23,970 G. Zimmerman,Admin. 1 Boeing paid transportation mitigation fees to the City at the time of development of the Boeing Commercial Airplane Group Headquarters Building(2,100 average daily trips)and of the Boeing-Renton Family Care Centre(930 average daily trips). The original 27,000 average daily trips for LOP,less 2,100 and 930 trips for which fees previously paid,equals 23,970 average daily trips prepaid under the Strander Agreement. 2 The initial transaction date,on which 23,970 Prepaid Trips will be credited in the Reserve Account and documented in the LOP Binding Site Plan file,will be the effective date for the Boeing dedication of the S.W.27th Street right of way. Za01199 W 'w The City of Renton's Consent and Certificate The undersigned(the"City")has entered into certain contracts and agreements including, but not limited to, those listed on Exhibit A attached hereto and made a part hereof(as the same may be amended or supplemented from time to time, the "Agreements") with Transwestern Harvest Lakeshore, L.L.C., a Delaware limited liability company ("Owner"), or its predecessors and assigns, pertaining to the development of, and construction of certain improvements (the "Improvements") on, the land (the "Land") more particularly described on Exhibit B attached hereto and made a part hereof. The City acknowledges that Owner will assign to Bank of America, N.A., a national banking association ("Agent"), as administrative agent for itself and A other lenders ("Lenders"), for the benefit of Lenders, all of Owner's rights (but not Owner's } obligations) in and to the Agreements as security for the obligations of Owner under an Amended and Restated Loan Agreement (the "Loan Agreement") to be entered into between Owner, Agent and Lenders. The City consents to and agrees to be bound by that assignment. The City further certifies to and agrees with Agent as follows: 1. The Agreements are in full force and effect, and neither Owner nor the City is in default under any of the Agreements. 2. If Owner defaults in making any payment or in performing any other obligation under any of the Agreements,or if any of the Agreements are terminated for any reason, the City will give Agent written notice of the default or termination. Prior to exercising any remedy available to the City under any of the Agreements as a result of a default, the City will afford to Agent a period of thirty(30)days within which to cure the default(it being acknowledged by the City that Agent shall have no obligation to cure any default by Owner). If any of the Agreements are terminated, the City, at the request of Agent, will enter into a new agreement with Agent upon substantially the same terms and conditions as set forth in the terminated Agreement. Any notice of default or termination will be delivered by personal delivery or by a nationally recognized overnight courier service or will be mailed by certified mail, return receipt requested,to the following address: Bank of America,N.A.—Real Estate Group 231 South LaSalle Street IL1-231-12-15 Chicago, Illinois 60697 Attention: Marilyn Weisbrodt Fax Number: (312) 828-2838 [Continued] The Landing-City of Renton Consent and Certificate(4).DOC With a copy to: Through.June 30, 2007: Barack Ferrazzano Kirschbaum Perlman&Nagelberg LLP 333 West Wacker Drive, Suite 2700 Chicago, Illinois 60606 Attention: Howard J. Kirschbaum,Esq. Fax Number: (312) 984-3150 After June 30,2007: Barack Ferrazzano Kirschbaum Perlman&Nagelberg LLP 200 West Madison Avenue, Suite 3900 Chicago, Illinois 60606 Attention: Howard J. Kirschbaum,Esq. Fax Number: (312) 984-3150 3. In the event that Agent or any other party ("Owner's Successor") shall acquire title to the Land through foreclosure or deed in lieu of foreclosure, the City, if requested by Owner's Successor, will continue to perform its obligations under any of the Agreements, provided that any past due amounts owed to the City under such Agreement are paid to the City promptly following the request by Owner's Successor and provided that the City is thereafter compensated for its services, if any, as provided in the Agreement. If the City is not requested by Owner's Successor to continue to perform its obligations under any of the Agreements, then any continuation of such performance by the City shall be solely for the account of Owner, and the City will not assert any claim against Agent or Owner's Successor for any amounts owed to the City under such Agreement. 4. From time to time from and after the date hereof, the City shall execute and deliver such further consents and certificates as Agent may reasonably request to effectuate more fully the purposes and intent of this Consent and Certificate and to further perfect the rights and interests of Agent in and to the Agreements. 5. The City acknowledges that Agent and the Lenders will rely on this Consent and Certificate in making the loan to Owner that is contemplated by the Loan Agreement. [Signature Page to Follow] The Landing-City of Renton Consent and Certificate(4).DOC � City has executed and delivered this Consent and Certificate on the a�Y day of Metall-yr"' 2007. CITY: CITY OF RENTON By: Name: Kath Keolker Title: Mayor Attest: . i ) (dal.A4--) Bonnie I.Walto.i,City Clerk • The Landing-City of Renton Consent and Certificate(4).DOC l EXHIBIT A CONTRACTS 1. Development Agreement for the Boeing Renton Aircraft Manufacturing Facility dated June 28, 2002,by and between The Boeing Company("Boeing") and the City of Renton (the"City"),recorded as Document No. 20020802000224 2. Strander Agreement dated December 4,2002,by and between Boeing and the City, recorded as Document No. 20060420001032 3. Development Agreement for Renton Plant Development dated December 1,2003,by and between Boeing and the City,recorded as Document No. 20031210001637 4. Agreement for Improvements to Pubic Infrastructure for The Landing dated June 8,2006, by and between the City and Transwestern Harvest Lakeshore,L.L.C. ("Transwestem") 5. Parking Garage Agreement for the Landing dated February 16,2007, by and between the City and Transwestem 6. Parking Garage Operation and Easement Agreement,dated ,200 by and between the City and Transwestern [To be executed post-closing] The Landing-City of Renton Consent and Certificate(4).DOC EXHIBIT B LEGAL DESCRIPTION THE LAND PARCEL A: LOTS 1A AND 4A OF KING COUNTY LOT LINE ADJUSTMENT,RECORDED AUGUST 8, 2006,UNDER RECORDING NO. 20060808900001 IN KING COUNTY, WASHINGTON. PARCEL B: LOT 1 OF KING COUNTY SHORT PLAT,ACCORDING TO PLAT RECORDED OCTOBER 24,2006,UNDER RECORDING NO. 20061024900005 IN KING COUNTY, WASHINGTON. SITUATE IN THE CITY OF RENTON,COUNTY OF KING, STATE OF WASHINGTON. TAX ACCOUNT NOS.: 088660-0010-04; 088660-0020-02; AND 088660-0029-03 The Landing-City of Renton Consent and Certificate(4).DOC