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HomeMy WebLinkAboutRES 3669CITY OF RENTON,WASIllNGTON RESOLUTION NO.3669 A RESOLUTION OF THE CITY OF RENTON,WASHINGTON, AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO A DEVELOPMENT AGREEMENT WITH THE BOEING COMPANY, ESTABLISHING CERTAIN ROLES AND RESPONSmILITlES FOR THE POTENTIAL PHASED REDEVELOPMENT OF ALL OR A PORTION OF THE BOEING RENTON PLANT SITE. WHEREAS,the Boeing Company (Boeing)is the owner of certain real property known as the Boeing Renton Aircraft Manufueturing Facility (the "Renton Plant")located in the City of Renton,constituting approximately 280 acres;and WHEREAS,Boeing has informed the City of its plan to consolidate its Renton plant operations to the site area west of Logan Avenue,and that it intends to release under-utilized land as surplus for eventual sale and redevelopment;and WHEREAS,Boeing submitted an application to City of Renton for amendment of the Comprehensive Plan designation applicable to the Renton Plant site;and WHEREAS,the City of Renton elected to not only process the application for amendment of the Comprehensive Plan designation,but establish new zoning text,new zoning use tables,and development regulations for the Plant site;and WHEREAS,Boeing has submitted a conceptual plan to the City for Sub-Area 1 of the Renton Plant Site;and WHEREAS,Boeing and the City of Renton staff have established the general location and approximate costs of infrastructure necessary for redevelopment of the Renton Plant site;and 1 RESOLUTION NO.3669 WHEREAS,Boeing and the City of Renton staff have determined a method of providing financing for the construction of the required infrastructure;and WHEREAS,it is necessary to establish the roles and responsibilities for the potential phased redevelopment of all or a portion of the Renton Plant Site;and WHEREAS,the City Council of the City of Renton,Washington believes that such a development agreement will benefit the Boeing Company,the City of Renton,and the citizens of the City of Renton;and WHEREAS,such a development agreement is authorized under RCW 36.70B.170-210; and WHEREAS,this development agreement has been presented at a public hearing before the City Council held on November 17,2003,and WHEREAS,the City Council has taken into account the public comment presented at that public hearing; NOW,THEREFORE,TIlE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,DO RESOLVE AS FOLLOWS: SECTION I. SECTION II. The above findings are true and correct in all respects. The Mayor and City Clerk are hereby authorized to sign the Development Agreement with the Boeing Company establishing the roles and responsibilities for the potential phased redevelopment of all or a portion ofthe Renton Plant Site. PASSED BY THE CITY COUNCIL this 24th day of November Bonnie I.Walton,City Clerk ,2003. 2 ...-~. ! i I RESOLUTION NO.3669 APPROVED BY THE MAYOR this 24th day of __N_o_v_em_b_e_r -',2003. Approved as to fonn:La~~Zt::/ RES.I018:11/17/03:ma 3