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HomeMy WebLinkAboutRES 3485CITY OF RENTON, WASHINGTON RESOLUTION NO. 3485 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A 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 sport and utility facilities and open space amenities; and WHEREAS, such development is planned to occur over a period of up to 15 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 SEP A 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 is prepared to issue an addendum to the final EIS and mitigation document; and WHEREAS, to facilitate development within Longacres Office Park, the Boeing Company wishes to enter into a 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 1 RESOLUTION NO. 3485 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 public hearing before the City Council held on December 18, 2000; and WHEREAS, the City Council has taken into account the public comment presented at the public 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 recitals are found to be true and correct in all respects. SECTION II. The Mayor and City Clerk are hereby authorized to sign the development agreement with the Boeing Company for construction within the Longacres Office Park. PASSED BY THE CITY COUNCIL this 18th day of December , 2000. 2 RESOLUTION NO. 3485 APPROVED BY THE MAYOR this 18th day of December , 2000. Jesse/fanner, Mayor Approved as to form: Lawrence J. Warren, City Attorney RES.828:12/14/00:ma 3