HomeMy WebLinkAboutRES 3579CITY OF RENTON, WASHINGTON
RESOLUTION NO. 3579
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON
RESCINDING A DEVELOPMENT AGREEMENT DATED JANUARY 4,
2001, BETWEEN THE BOEING COMPANY AND THE CITY OF
RENTON, AND AUTHORIZING THE MAYOR AND CITY CLERK TO
EXECUTE AN UPDATED DEVELOPMENT AGREEMENT WITH THE
BOEING COMPANY FOR FUTURE DEVELOPMENT OF LONGACRES
OFFICE PARK.
WHEREAS, the Boeing Company is owner of certain real property known as Longacres
Office Park, located in the City of Renton, constituting approximately 150 acres; and
WHEREAS, the Boeing Company has prepared a master plan for the project, including
the construction of approximately 3.0 million square feet of office and light industrial space,
related support and utility facilities and open space amenities; and
WHEREAS, such development is planned to occur over a period of years; and
WHEREAS, environmental analysis of the development of 2.5 million square feet under
the master plan was done by the City, a draft EIS was prepared and a final EIS was issued in
March 1995. A SEPA mitigation document was issued by the City in May, 1995; and
WHEREAS, the Boeing Company has submitted additional environmental analysis
concerning the development of an additional 500,000 square feet and the City's responsible public
official has issued an addendum to the final EIS and mitigation document; and
WHEREAS, the Boeing Company has received approval from the City of a binding site
plan allowing for subdivision of the Longacres Office Park site, for which a SEPA determination
of non-significance was issued on March 21, 2002, and
RESOLUTION NO. 3 5 79
WHEREAS, a prior Development Agreement dated January 4, 2001, was entered into
between the Boeing Company and the City of Renton, which needs to be rescinded, and a new
Development Agreement adopted; and
WHEREAS, to facilitate development within Longacres Office Park, the Boeing
Company wishes to enter into an updated development agreement with the City of Renton; and
WHEREAS, the City Council of the City of Renton, Washington believes that such
Development Agreement will be a benefit to the Boeing Company, the City and the citizens of the
City of Renton; and
WHEREAS, such a Development Agreement is authorized under RCW 36.70B.170 -
210; and
WHEREAS, the parties have negotiated the proposed Development Agreement; and
WHEREAS, this Development Agreement has been presented at a pubhc hearing before
the City Council held on June 24, 2002; and
WHEREAS, the City Council has taken into account the pubhc comment presented at the
pubhc hearing; and
WHEREAS, this Development Agreement has been reviewed and approved by the City
Council of the City of Renton;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON,
WASHINGTON, DO RESOLVE AS FOLLOWS:
SECTION I. The above findings are true and correct in all respects.
SECTION II. The Mayor and City Clerk are hereby authorized to sign the
updated development agreement with the Boeing Company for construction within the Longacres
Office Park.
RESOLUTION NO. 35 7 9
SECTION III. The Development Agreement dated January 4, 2001, between the
Boeing Company and the City of Renton, is hereby rescinded.
PASSED BY THE CITY COUNCIL this 1st day of July 2002.
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Bonnie I. Walton, City Clerk
APPROVED BY THE MAYOR this 1st day of July 2002.
Approved as to form:
Lawrence J. Warren, City Attorney
RES.923:6/24/02:ma
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JesJrTanner, Mayor