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HomeMy WebLinkAboutRC 20010711000776 After Filing Return To: City of Renton 1055 S. Grady Way Renton, WA 98055 Attn: City Clerk 2e0107 1 CITY OF RENTON RCOVE PAGE 001 OF 006 KINGICOUNTY10UAs RESTRICTIVE COVENANT cp Grantor: SED Real Estate, LLC, a Washington Limited Liability Company c Grantee: City of Renton r-. © Abbreviated Legal Description (lot,block and plat name, or section-township-range): Lots 4 and 5 in block 19 of Town of Renton, according to the plat recorded in Volume 1 of Plats,page 135, records of King County, Washington; less the east five feet for alley. Lots 1, 2, 19 and 20 in block 16 of Town of Renton, according to the plat recorded in Volume 1 of Plats,page 135, records of King County, Washington. Lots 3 through 6 and 15 through 18 in block 16 of Town of Renton, according to the pl tecorded in Volume 1 of Plats,page 135, records of King County, Washing€rn; except that portion conveyed to the City of Renton for street ' -47-C,4 purposes -'ped recorded under recording no. 9807211996. Assessor's Property Tay Parcel Account Number(s): 723150-1635, 723150-1640, 723150-1360, 723150-1.3-50, 723150-1373-02, 723150-1370 t , r , Y:\wp\service linen\a02281b.jsw.doc • • RESTRICTIVE COVENANT his Declaration of Restrictive Covenant is made as of this J.Say of u r 2. , 2001,by SED Real Estate Company, LLC, a Washington Limited Liability o Company("Declarant") and the City of Renton("City"). RECITALS A. Declarant owns the property legally described in Exhibit A hereto (the o "Parking Property"). The Parking Property is developed with a surface parking lot. • NB. Declarant also owns the property legally described in Exhibit B hereto (the "Laundry Property"). A portion of the Laundry Property is currently developed with a commercial laundry facility,which facility will be expanded onto the balance of the Laundry Property pursuant to the site plan approval granted by the City on March 26, 2001, under file number LUA00-131,SA-H,R,ECF,LLA,P01-121,AAD (the "Site Plan Approval"). C. As a condition of Site Plan Approval, the City has required that the following covenant be executed. NOW, THEREFORE, in consideration of the foregoing, and in consideration of the granting of Site Plan Approval, Declarant hereby declares for itself, its successors and assigns as owners of the Parking Property and the Laundry Property as follows, and the City agrees as follows: 1. Use of Parking Property. The Parking Property shall be used only for a parking lot to serve the use on the Laundry Property. 2. Termination. If the use of the Laundry Property changes in degree or kind such that the parking lot on the Parking Property is no longer needed to meet the City parking requirements applicable to the Laundry Property, or if the City parking requirements applicable to the Laundry Property are met by alternative sources of parking such that the parking lot on the Parking Property is no longer needed to meet the City parking requirements applicable to the Laundry Property, or if the City parking requirements applicable to the_ Laundry Property change such that the parking lot on the Parking Property is no longer needed to meet the City parking requirements applicable to the Laundry Property, then this Declaration shall terminate without further action by any party. In the event that this Declaration is terminated pursuant to the preceding sentence,the City shall provide to Declarant an executed document in recordable form acknowledging said termination and releasing this Declaration,which document may be recorded in the real property records for King County. Y:\wp\service linen\a02281b.jsw.doc 1 3. Enforcement. This Declaration shall be enforceable by the City Council of the City of Renton, and by Declarant and its successors and assigns. 4. Running Covenants. The covenants and restrictions contained in this Declaration shall operate as covenants running with the land, and shall inure to the benefit of and bind the Declarant's and the City's heirs, successors, and assigns. cza DECLARANT: 0 c.� cz a • Attest: • Maril'J.'*•tersen,City Clerk Je-. Tanner, Mayor STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) I certify that I know or have satisfactory evidence thataut i6k is die-person who appeared before me, and said person acknowledged that he signed this instrument, on oath stated that he was authorized to execute the instrument and acknowledged it as the M q.n t se-r of SED Real Estate LLC, a Washington Limited Liability Company, to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. Dated: . /5 , 2001. IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and year above written. - <(:), •r=" ‘2 a• z " NOTARY PUBLIC in and for the State of .zrt { y:,-p :- Washington, residing at i!1;;;_/•7, - :� :- My appointment expires L/-0,7 G ••<"izze a t Aiv: Print Name,Q Y:\wp\service linen\a02281b.jsw.doc STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) Marilyn Petersen and I certify that I know or have satisfactory evidence thaUesse Tanner is the person s (47;k who appeared before me, and said person acknowledged that he signed this instrument, on oath stated that he was authorized to execute the instrument and acknowledged it as the cav Mayor & City Clerk of the City of Renton, a Washington municipal corporation, to be the free and voluntary act of such party for the uses and purposes mentioned in the cD instrument. Dated: June 29, , 2001. Q IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and ca year above written. O. Lci t e1 ,�.„„„, pit ' tib �1;d, 3 D. i cn apt. 0;O ; NO ARY PUBLIC in and for the State of Washington,residing at Seattle yMy appointment expires 9/9/01 p'_ Print Name Suzann D. Lombard II w, OF W P i } t • i Y:\wp\service linen\a02281b.jsw.doc 1 { i {r EXHIBIT A ¢u. LEGAL DESCRIPTION OF PARKING PROPERTY r,- c=1 c�. a �-- Lots 4 and 5 in block 19 of Town of Renton, according to the plat recorded in Volume 1 of Plats,page 135,records of King County, Washington; less the east five feet for alley. Situate in the southwest quarter of Section 17, Township 23 North, Range 5 East, W.M., City L, of Renton, King County, Washington. �1 r s Y:\wp\service linen\a02281b.jsw.doc ✓� • • EXHIBIT B LEGAL DESCRIPTION OF LAUNDRY PROPERTY • us. Lots 1, 2, 19 and 20 in block 16 of Town of Renton, according to the plat recorded in Volume 1 of Plats,page 135,records of King County, Washington. Lots 3 through 6 and 15 through 18 in block 16 of Town of Renton, according to the plat �-- recorded in Volume 1 of Plats,page 135, records of King County, Washington; except that portion conveyed to the City of Renton for street purposes by deed recorded under recording no. 9807211996. Situate in the southwest quarter of Section 17, Township 23 North, Range 5 East, W.M., City of Renton,King County, Washington. f Y:\wp\service linen\a02281b.jsw.doc