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Home My WebLink AboutRES 4458CITYOFRENTON,WASHINGTONRESOLUTIONNO.4458ARESOLUTIONOFTHECITYOFRENTON,WASHINGTON,WAIVINGCERTAINDEVELOPMENTANDIMPACTFEESFORGMDDEVELOPMENT’SWATERSHEDAPARTMENTSPROJECT.WHEREAS,GMDDevelopmentreceivedadministrativesiteplanapprovalLUA21-000239onOctober19,2021fortheWatershedApartmentsdevelopmentlocatedintheCityofRenton’sCenterDowntown(CD)andResidential-14du/ac(R-14)Zonesat615and617WilliamsAveSthatwouldprovide145affordablerentalhousingunitswithinonenewmultifamilybuilding;andWHEREAS,pursuanttotheCity’saffordablerentalhousingincentiveinRMC4-1-210.C,theCityCouncilmaywaivespecificfeesfornewaffordableowner-occupiedhousingprojectsintheCitythatmeettheeligibilityrequirementssetforththerein;andWHEREAS,GMDDevelopmentsubmittedawrittenrequestdatedAugust17,2021(attachedasExhibitAandincorporatedbythisreference)totheDepartmentofCommunityandEconomicDevelopmentforafullwaiveroffeespursuanttoRCM4-1-210.C.4(the“Request”);andWHEREAS,RMC4-1-210.C.4providesfora100%feewaiverofbuildingpermitfees;buildingpermitplanreviewfees;water,surfacewater,andwastewatersystemdevelopmentcharges;PublicWorksplanreviewandinspectionfeesandtechnologysurchargefees;andan80%feewaiveroffire,transportation,andparksimpactfees;andWHEREAS,theRequestwasmadebeforecivilconstructionpermitapplicationpursuanttoRMC4-1-210.C.5;and1 RESOLUTIONNO.4458WHEREAS,intheRequest,theGMDDevelopmentspecifiedthattheWatershedApartmentsprojectisplannedtoconsistofentirelynewconstructionof145housingunits,and100%ofthehousingunitwillbereservedforaffordablehousingasdefinedbyRMC4-1-210;andWHEREAS,pursuanttoRMC4-1-210.C.4,feesforamaximumof100dwellingunitsmaybewaived;andWHEREAS,thetotalestimateddevelopmentandimpactfeesfor100ofthe145totalunitsoftheWatershedApartmentsprojecttotal$1,264,150.00;NOW,THEREFORE,THECITYCOUNCILOFTHECITYOFRENTON,WASHINGTON,DORESOLVEASFOLLOWS:SECTIONI.GMDDevelopmentanditsproposedWatershedApartmentsprojectat615and617WilliamsAveSmeettheeligibilitycriteriaforfeewaiversidentifiedinRMC4-1-210.C.SECTIONII.TheCityCouncil,contingentuponcompliancewiththetermsofSECTIONIVofthisresolution,waives100%ofthefollowingfeesfor100unitsoftheGMDDevelopmentWatershedApartmentsproject:A.Buildingpermitfees;B.Buildingpermitplanreviewfees;C.Water,surfacewater,andwastewatersystemdevelopmentcharges;D.PublicWorksplanreviewandinspectionfees;E.Civilplanreviewandinspectionfees;andF.Technologysurchargefees.2 RESOLUTIONNO.4458SECTIONIII.TheCityCouncil,contingentuponcompliancewiththetermsofSECTIONIVofthisresolution,waives80%ofthefollowingfeesfor100unitsoftheGMDDevelopmentWatershedApartmentsproject:A.Transportationandparksimpactmitigationfees;andB.Fireimpactmitigationfees.SECTIONIV.Tobeeligibleforthiswaiver,GMDDevelopmentshallcomplywithandcontinuetoremaininfullcompliancewithallapplicablerequirementsofRMC4-1-210.CandRCW82.02.060,including,butnotlimitedto,recordingtherestrictivecovenantrequiredbyRMC4-1-210.C.6priortotheissuanceofatemporarycertificateofoccupancyforanyportionoftheproject.PASSEDBYTHECITYCOUNCILthis13thdayofDecember,2021.,IcJason.Seth,CClerkAPPROVEDBYTHEMAYORthis13thdayofDecember,2021.Approvedastoform:ShaneMoloney,CityAttorneyRES.1896:12/9/213 RESOLUTIONNO.44584 RESOLUTIONNO.4458EXHIBITAGMDDevelopmentFeeWaiverRequest5 G1)DEVELOPMENTAugust17,2021Mr.ChipVincent,PlanningDirectorCityofRenton1055S.GradyWayRenton,WA98057Re:WatershedRentonApartmentsAffordableRentalHousingIncentiveFeeWaiverIntentDearMr.Vincent,Inaccordancewithsection4.1.210oftheRentonMunicipalCodewhichallowsforawaiverofCityfeesassociatedwithaffordablerentalhousingprojects,GMDDevelopmentrequestsawaiverofdevelopmentandmitigationfeesassociatedwiththeWatershedRentonApartments.WatershedRentonisa145unitnewconstructionaffordableapartmentprojectlocatedat617GradyWay.Theprojectwillbe100%affordableservingamixof50%and60%AMItenantsandconsistingofalargenumberoffamilyunits.TheprojectwillincludeapublicpromenadeconnectingGradyWaytoBurnettLinearPark,on-siteparking,andarooftopamenityspaceforresidents.InaccordancewiththeRentonMunicipalCode,GMDisseekingafullwaiverofthefeeslistedbelowandasdefinedinSection4oftheCode.AccordingtotheCode,projectswithatleast50%ofunitssetasideasaffordableareeligibleforfeewaivers.Asa100%affordableproject,WatershedRentoniseligibleforafullfeewaiverunderSection4oftheCode.•BuildingPermitFees•BuildingPermitPlanReviewFees•Water,SurfaceWaterandWastewatersystemdevelopmentcharges•PublicWorksplanreviewandinspectionsfees•Fire,TransportationandParksImpactMitigationFees•Civilplanreviewandinspectionfees•TechnologySurchargeFeesEliminatingthecostofmunicipalfeesfromtheprojectwillallowustodirectfundstowardenergyefficiencyofthebuildingandenhancetheproject’spublicspaceelements.WearegratefulfortheincentivethattheCityofRentonprovidesaffordableprojectsandlookforwardtodeliveringasuccessfulprojectforthecommunity.Sincerely,SteveDymokePartner,GMDDevelopment520PikeStree:ISuite1010ISeaUeWA98101gmddevelopment.com