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HomeMy WebLinkAboutL_Sidewalk_and_Slope_Easement_Agreement_Draft_211214_v1 112228468.2 0069453-00017 RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: Stoel Rives LLP 600 University Street, Suite 3600 Seattle, Washington 98101 Attn: Adam Coady SIDEWALK AND SLOPE EASEMENT AGREEMENT (Kennydale Gateway, Renton, WA) Grantor: KENNYDALE GATEWAY LLC,, a Washington limited liability company Grantee: CITY OF RENTON, a Washington municipal corporation Abbreviated Legal Description: Ptn Govt Lt 1, Sec 32, Twn 24N, Rge 5E & Ptn Govt Lt 5, Sec 29, Twn 24N, Rge 5E, King County, Washington. Complete legal description on Exhibit A. Assessor’s Tax Parcel ID #: 322405-9049 Reference Nos.: N/A 112228468.2 0069453-00017 SIDEWALK AND SLOPE EASEMENT AGREEMENT This Sidewalk and Slope Easement Agreement (this “Agreement”) is made this _____ day of _______________, 2021, between KENNYDALE GATEWAY LLC, a Washington limited liability company (“Grantor”), and the CITY OF RENTON, a Washington municipal corporation (“Grantee”). Grantor and Grantee are sometimes referred to collectively herein as the “Parties” or individually as a “Party.” RECITALS A. Grantor is the owner of that certain real property located in King County, Washington and legally described in Exhibit A attached hereto (the “Property”). B. In connection with Grantor’s future development of the Property, Grantor desires to grant to Grantee (i) a sidewalk easement on the western portion of the Property fronting N. 44th Street for Grantee to construct and maintain a sidewalk and related improvements for the purpose of a pathway available for public use as permitted by this Agreement, including, without limitation, Section 9 below, (collectively, the “Sidewalk Improvements”), (ii) a slope easement for Grantee to construct and maintain a retaining slope to support the Sidewalk Improvements (the “Slope”), and (iii) a temporary construction easement to assist with construction of the Sidewalk Improvements and the Slope. Grantee shall cause the Sidewalk Improvements and Slope to be constructed in the manner and time periods described in this Agreement. C. Accordingly, Grantor and Grantee desire to execute this Agreement to establish such easements. AGREEMENT NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. Recitals. The recitals above are incorporated as if set forth below. 2. Grant of Easements. 2.1 Sidewalk Easement. Grantor hereby grants to Grantee a permanent, non-exclusive easement (“Sidewalk Easement”) over a portion of the Property as depicted in Exhibit B [and legally described in Exhibit C] (“Sidewalk Easement Area”), for purposes of constructing, repairing, replacing, and maintaining the Sidewalk Improvements and for no other purpose. 2.2 Slope Easement. Grantor hereby grants to Grantee a permanent, non-exclusive easement (“Slope Easement”) over a fifteen (15) foot portion of the Property as depicted in Exhibit B (“Slope Easement Area”), for purposes of constructing, repairing, replacing, and maintaining the Slope and for no other purpose. 112228468.2 0069453-00017 2.3 Temporary Construction Easement. Grantor hereby grants to Grantee a temporary, non-exclusive, construction easement (“TCE”; collectively with the Sidewalk Easement and Slope Easement, the “Easements”) over an approximately twenty (20) foot portion of the Property as depicted in Exhibit B (“TCE Area”; collectively with the Sidewalk Easement Area and the Slope Easement Area, the “Easement Area”), for the installation and construction of the Sidewalk Improvements and the Slope, and for no other purpose. The TCE shall automatically terminate upon completion of the initial construction of the Sidewalk Improvements and the Slope but no later than [October 1, 2024.] 2.4 Notwithstanding anything to the contrary, none of the Easements granted herein shall transfer any of Grantor’s development rights with respect to the Property, which rights shall be retained by Grantor. 3. Construction & Plans. At least 180 days prior to construction, Grantee shall provide Grantor detailed plans and specifications for the Sidewalk Improvements and the Slope (the “Plans”) for Grantor’s approval, not to be unreasonably withheld, conditioned, or delayed. Without limiting the foregoing, the Plans shall incorporate all reasonable comments and revisions of Grantor, including, without limitation, design specifications to accommodate the construction of a future roundabout and other frontage improvements on N 44th Street. Grantee shall be solely responsible for obtaining all necessary permits and approvals for the Sidewalk Improvements and Slope from all applicable governmental agencies prior to construction. Prior to any construction, Grantee shall provide Grantor with at least sixty (60) days’ advance notice and such notice will include a reasonably detailed construction schedule that includes the scope and timing of the construction. All work shall be completed by, or caused to be completed by, Grantee in accordance with the approved Plans, and be promptly completed in a good and workmanlike manner, lien-free, and in compliance with all applicable laws, ordinances, regulations, codes and permits. Upon completion of any work by Grantee on the Property, the Property shall be repaired, cleaned and restored to its pre-work condition. Grantee shall not materially disturb or damage any utilities or any other improvements located on the Property. Notwithstanding anything to the contrary herein, Grantee shall complete construction of the Sidewalk Improvements and the Slope (i) no later than October 1, 2024 (or as extended by mutual agreement), and (ii), at Grantee’s sole cost and expense. Grantee shall be solely responsible to maintain and repair the Sidewalk Improvements and Slope. 4. Use of Easement. Grantee, in exercising its rights granted herein, shall not materially interfere with Grantor’s use and enjoyment of the Property. Grantor shall retain the right to use the Property so long as such use does not interfere with the rights granted to the Grantee in this Agreement. Grantor shall not, however, have the right to: (a) erect or maintain any improvements within the Sidewalk Easement Area and the Slope Easement Area that materially interfere with the rights granted to the Grantee in this Agreement, or (b) develop, landscape, or beautify the Easement Area in a manner which unreasonably increases the costs to the Grantee of restoring the Easement Area after Grantee exercises its rights herein. 5. Indemnification. To the maximum extent permitted by law, Grantee, on behalf of itself and its successors and assigns, hereby agrees to defend, indemnify and hold Grantor and its employees, contractors, agents, tenants, successors, and assigns (each an “Indemnified Party”) harmless against all claims, actions, liabilities, damages, costs and expenses, including reasonable attorneys’ fees, arising from or caused by (i) any and all damage to the property or injury to or death of any person in the 112228468.2 0069453-00017 Easement Area, (ii) any negligence or willful misconduct of Grantee or Grantee’s officers, contractors, licensees, agents, servants, employees, guests, invitees or visitors (each a “Grantee Party”) on the Property, (iii) the use of the Easements by Grantee or any Grantee Party, or (iv) arising from any breach of this Agreement by Grantee, except for the gross negligence or willful misconduct of an Indemnified Party. The indemnification obligations contained in this Section shall not be limited by any worker’s compensation, benefit or disability laws, and Grantee hereby waives (solely for the benefit of the Grantor) any immunity the Grantee may have under the Industrial Insurance Act, Title 51 RCW and similar worker’s compensation, benefit or disability laws but only for the purposes of the indemnities set forth in this Section. 6. Insurance. Grantee’s compliance with the terms of this Section 6 are a condition precedent to the terms of this Agreement and grant of the Easement. Grantee shall throughout the term of the Easement, maintain commercial general liability insurance covering its activities in or about the Property on an occurrence basis and naming Grantor and its property manager, if any, as additional insureds, in amounts not less than $5,000,000.00 (which shall comprise not less than $1,000,000.00 of base coverage with the balance provided through an umbrella policy), and with automobile liability of not less than $1,000,000.00 combined single limit and workers’ compensation coverage. Commercial general liability insurance shall contain coverage for all premises and operations, personal injury, independent contractors, broad form property damage and contractual liability, including Grantee’s indemnification obligations set forth in this Agreement. Such insurance shall be maintained with an insurer licensed in the State of Washington, with a current AM Best’s Rating of at least “A-VIII,” or an equivalent industry rating, and shall contain coverage for all premises and operations, broad form property damage and contractual liability (including, to the extent available, that specifically assumed herein). Any policy which provides the insurance required under this Section 6 shall: (a) be endorsed to name Grantor as an additional insured with respect to any liability arising out of the policyholder’s access over and use of the easements, (b) be endorsed to be primary to any insurance maintained by Grantor as to their own property, (c) contain a severability of interest provision in favor of the insureds, and (d) contain a waiver of any rights of subrogation against Grantor. Certificates of insurance evidencing the policies providing the coverage required in this Section 6 shall be provided to Grantor prior to Grantee or any party acting on Grantee’s behalf entering upon the Easement Area or the Property for purposes of any work relating to the Easement, and thereafter within five (5) days of request by Grantor. Nothing herein shall be construed as limiting, waiving, or releasing either Party’s obligation to maintain insurance coverage required under any other agreement now existing or hereafter entered into between the Parties. 7. Notices. Any notice required or permitted to be delivered in connection with this Agreement shall be deemed to be received: (a) if given by certified mail, three (3) business days after when deposited in the mail, postage prepaid, return receipt requested; (b) if given by hand delivery, when such notice is received by the Party to whom it is addressed; or (c) if given by an overnight courier service, the day after when deposited with such courier. Any Party shall have the right to change its address by giving five (5) days’ prior written notice to the other Party. 112228468.2 0069453-00017 Grantor: Kennydale Gateway LLC 505 5th Avenue South, Suite 900 Seattle, Washington 98104 Attn: Ada M. Healey with a copy to: Stoel Rives LLP 600 University Street, Suite 3600 Seattle, Washington 98101 Attn: Joseph E. Delaney Grantee: City of Renton _____________________ _____________________ with a copy to: _____________________ _____________________ _____________________ 8. Attorneys’ Fees. In the event it becomes necessary for any party to defend or institute legal proceedings as a result of the failure of either party to comply with the terms, covenants, agreements and/or conditions of this Agreement, the substantially prevailing party in such proceedings shall be reimbursed by the substantially non-prevailing party for all costs incurred or expended in connection therewith, including, but not limited to, reasonable attorneys’ fees (including appellate fees) and court costs. 9. Not a Public Dedication. Nothing herein contained shall be deemed to be a gift or dedication of any portion of the Property to the general public or for any public purposes whatsoever, it being the intention of the parties that this Agreement shall be strictly limited to and for the purposes herein expressed. The right of the public or any person to make any use whatsoever of the easements hereby created, or any portion thereof (other than any use expressly allowed by a written or recorded map, agreement, deed, or dedication) is by permission, and subject to the control of the Grantor and its successors in interest. 10. Other Easements. The Easements are subject to all prior easements and encumbrances of record. Grantor reserves the right to grant other easement rights in and to the Easement Area; provided that such easement rights shall not substantially interfere with the easement rights granted herein. 11. Binding Effect. Except as otherwise provided herein, the covenants and agreements contained in this Agreement shall run with the Property and shall be binding upon and inure to the burden and benefit of the Grantor and the Grantee, and their respective successors in interest. 12. Unenforceability. If any provision of this Agreement is held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect the remainder of such provision or any other provisions hereof. 112228468.2 0069453-00017 13. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Washington. 14. Final and Complete Expression; Amendment. This Agreement constitutes the final and complete expression of the parties with respect to the transactions contemplated herein. This Agreement may not be modified, amended, altered, superseded or terminated except by an agreement in writing signed by the Grantor and the Grantee, or their successors in interest. 15. Successors and Assigns. All rights, duties, obligations, and liabilities of Grantee and Grantor as provided for herein shall inure to all “successors and assigns in title or interest” and shall include, but not be limited to, contract purchasers, optionees, trustees, lessees, mortgagees, beneficiaries of deeds of trust, secured parties under security agreements, and any purchaser upon the foreclosure of any such security interest or in lieu thereof. Grantee shall have the right to assign this Agreement to another government entity with notice to but without the consent of Grantor. Grantee shall not otherwise assign this Agreement without the prior written consent of Grantor, not to be unreasonably withheld, conditioned, or delayed. 16. Counterparts. This Agreement may be executed and delivered in more than one counterpart, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. 17. Waiver. No waiver by any party of any breach hereunder shall be deemed a waiver of any other or subsequent breach. Additionally, no delay or omission on the part of a party hereto in exercising any rights, power, or remedy provided in this Agreement shall be construed as a waiver of or acquiescence in any breach of the terms and conditions set forth herein. [Signatures and acknowledgments on following page.] 112228468.2 0069453-00017 IN WITNESS WHEREOF, this Agreement is executed by the parties hereto, intending to be legally bound, effective as of the date first written above. GRANTOR: KENNYDALE GATEWAY LLC, a Washington limited liability company By: City Investors LLC, its Manager By: Name: Ada M. Healey Title: Vice President STATE OF WASHINGTON ) ) ss COUNTY OF ____________ ) I certify that I know or have satisfactory evidence that Ada M. Healey is the person who appeared before me, and said person acknowledged that she signed this instrument, on oath stated that she was authorized to execute the instrument and acknowledged it as the Vice President of City Investors LLC, the Manager of Kennydale Gateway LLC, a Washington limited liability company, to be the free and voluntary act of such limited liability company for the uses and purposes mentioned in the instrument. GIVEN under my hand and official seal this __ day of __________, 2021. Print Name: NOTARY PUBLIC in and for the State of ___________ residing in My appointment expires SIGNATURE AND NOTARY PAGE TO SIDEWALK AND SLOPE EASEMENT AGREEMENT - CONTINUES 112228468.2 0069453-00017 GRANTEE: CITY OF RENTON a Washington municipal corporation By: Name: Title: STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) I certify that I know or have satisfactory evidence that ________________ is the person who appeared before me, and said person acknowledged that they signed this instrument, on oath stated that they were authorized to execute the instrument and acknowledged it as the ___________ of the City of Renton, a Washington municipal corporation, to be the free and voluntary act of such corporation for the uses and purposes mentioned in the instrument. GIVEN under my hand and official seal this __ day of __________, 2021. Print Name: NOTARY PUBLIC in and for the State of Washington residing in My appointment expires SIGNATURE AND NOTARY PAGE TO SIDEWALK AND SLOPE EASEMENT AGREEMENT 112228468.2 0069453-00017 EXHIBIT A Legal Description of the Property ALL THAT CERTAIN REAL PROPERTY IN THE COUNTY OF KING, STATE OF WASHINGTON, DESCRIBED AS FOLLOWS: PARCEL A: THAT PORTION OF GOVERNMENT LOT 1 IN SECTION 32, TOWNSHIP 24 NORTH, RANGE 5 EAST W.M., IN KING COUNTY, WASHINGTON, AND OF VACATED NORTHEAST 44TH STREET (SOUTHEAST 80TH STREET) AS VACATED UNDER RECORDING NO. 7602260427, IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID GOVERNMENT LOT 1; THENCE NORTH 88°47’36” WEST, ALONG THE NORTH LINE THEREOF, 797.2 FEET, MORE OR LESS, TO HIGHWAY ENGINEERS STATION 4+65.6 AS DESCRIBED UNDER RECORDING NOS. 4210056 AND 7811221071; THENCE SOUTH 01°12’24” WEST 30.00 FEET TO THE BEGINNING OF A CURVE ON THE SOUTHERLY MARGIN OF SAID VACATED S.E. 80TH STREET, THE CENTER OF WHICH BEARS SOUTH 01°12’24” WEST 256.50 FEET; THENCE WESTERLY AND SOUTHWESTERLY, ALONG THE ARC OF SAID CURVE, A DISTANCE OF 204 FEET, MORE OR LESS, TO THE X-LINE RIGHT-OF-WAY LINE AS DESCRIBED UNDER RECORDING NO. 7811221071 AND THE TRUE POINT OF BEGINNING; THENCE NORTHEASTERLY, ALONG THE ARC OF SAID CURVE TO THE RIGHT THE CENTER OF WHICH BEARS SOUTH 59°02’16” EAST 1,115.92 FEET, TO THE NORTH LINE OF SAID GOVERNMENT LOT 1; THENCE SOUTH 88°47’36” EAST, ALONG SAID NORTH LINE, TO THE WESTERLY LINE OF SECONDARY STATE HIGHWAY NO. 2-A AS CONVEYED UNDER RECORDING NO. 4664242; THENCE SOUTHERLY, ALONG SAID WESTERLY LINE, TO THE SOUTHWESTERLY LINE OF A TRACT OF LAND CONVEYED TO PAN-ABODE, INC., BY DEED RECORDED UNDER RECORDING NO. 4856255; THENCE NORTH 62°59’05” WEST, ALONG SAID SOUTHWESTERLY LINE, TO THE SOUTHEASTERLY LINE OF LAKE WASHINGTON BOULEVARD AS DESCRIBED UNDER RECORDING NO. 4210056; THENCE NORTHEASTERLY, ALONG SAID SOUTHEASTERLY LINE AND THE SOUTHEASTERLY LINE OF A TRACT OF LAND CONVEYED TO THE STATE OF WASHINGTON BY DEED RECORDED UNDER RECORDING NO. 4210056 TO THE TRUE POINT OF BEGINNING; EXCEPT THAT PORTION CONVEYED TO THE CITY OF RENTON BY DEED OF DEDICATION RECORDED UNDER KING COUNTY RECORDING NO. 20110415000140. SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. 112228468.2 0069453-00017 PARCEL B: THAT PORTION OF GOVERNMENT LOT 5 IN SECTION 29, TOWNSHIP 24 NORTH, RANGE 5 EAST W.M., IN KING COUNTY, WASHINGTON, AND OF VACATED 44TH STREET NORTHEAST (SOUTHEAST 80TH STREET) AS VACATED UNDER RECORDING NO. 7602260427, IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF SAID GOVERNMENT LOT 5; THENCE NORTH 01°12’24” EAST 30.00 FEET; THENCE NORTH 88°47’36” WEST 563.68 FEET TO THE EASTERLY LINE OF A TRACT AS DESCRIBED UNDER RECORDING NO. 7811221071 AND THE TRUE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE SOUTH 30°21’54” EAST 35.21 FEET TO THE SOUTH LINE OF SAID GOVERNMENT LOT 5; THENCE NORTH 88°47’36” WEST, ALONG SAID SOUTH LINE 342.24 FEET TO A POINT ON THE ARC OF A CURVE TO THE RIGHT, THE CENTER OF WHICH BEARS SOUTH 44°14’51” EAST 1,115.92 FEET, SAID POINT BEING ON THE WESTERLY LINE OF SAID TRACT DESCRIBED UNDER RECORDING NO. 7811221071; THENCE NORTHEASTERLY, ALONG SAID ARC, 201.65 FEET TO THE R-A LINE OF SAID TRACT DESCRIBED UNDER RECORDING NO. 7811221071; THENCE SOUTH 32°59’47” EAST, ALONG SAID LINE, 11.60 FEET; THENCE SOUTHEASTERLY, ALONG SAID LINE ON THE ARC OF A CURVE TO THE LEFT HAVING A RADIUS OF 180.00 FEET, A DISTANCE OF 68.23 FEET TO A POINT OF REVERSE CURVE; THENCE SOUTHEASTERLY, ALONG SAID LINE ON THE ARC OF A CURVE TO THE RIGHT HAVING A RADIUS OF 120.00 FEET, A DISTANCE OF 58.06 FEET TO A POINT ON THE NORTHERLY LINE OF SAID VACATED S.E. 80TH STREET WHICH IS NORTH 88°47’36” WEST OF THE TRUE POINT OF BEGINNING; THENCE SOUTH 88°47’36” EAST 77.13 FEET TO THE TRUE POINT OF BEGINNING. SITUATE IN THE CITY OF RENTON, COUNTY OF KING, STATE OF WASHINGTON. 112228468.2 0069453-00017 EXHIBIT B Depiction of Easement Area Insert more detailed depiction of sidewalk area with roundabout, slope area, and temporary consruction easement area 112228468.2 0069453-00017 EXHIBIT C Legal Description of Easement Area