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HomeMy WebLinkAboutRC 20010711000774 • r r, After Filing Return To: City of Renton 1055 S. Grady Way Renton, WA 98055 - .111111111111111111111111 Attn: City Clerk 20010711000774 CITY 001ROFT006RCOVE KINGICOUNTY10WA8 RESTRICTIVE COVENANT Grantor: SED Real Estate LLC, a Washington Limited Liability Company Grantee: City of Renton Abbreviated Legal Description (lot,block and plat name, or section-township-range): Lots 1, 2, 19 and 20 in block 16 of Town of Renton, according to the plat recorded in Volume 1 of Plats,page 135,records of King County, Washington. c., Lots 3 through 6 and 15 through 18 in block 16, Town of Renton, according to the plat recorded in Volume 1 of Plats,page 135, records of King County, Washington; except that portion conveyed to the City of Renton for street . purposes by deed recorded under recording no. 9807211996. Assessor's Property Tax Parcel Account Number(s): 723150-1360, 723150-1350, 723150-1313-02, 723150-1370 Y:\wp\service linen\a02281c.jsw.doc RESTRICTIVE COVENANT This Declaration of Restrictive Covenants ("Declaration") is made as of this ) aay of tt. h Q , 2001,by SED Real Estate LLC, a Washington Limited Liability Company("Declarant") and the City of Renton("City"). RECITALS A. Declarant owns the property legally described in Exhibit A hereto (the "Existing Laundry Property"). The Existing Laundry Property is developed with a commercial laundry facility. B. The Declarant also owns the property legally described in Exhibit B hereto (the "New LaundryProperty"). The commercial laundryfacilityon the Existing LaundryPro Property will be expanded onto the New Laundry Property pursuant to the site plan approval granted by n the City on March 26, 2001, under file number LUA00-131,SA-H,R,ECF,LLA,P01-121,AAD (the "Site Plan Approval"). 0 C. When the commercial laundry facility on the Existing Laundry Property is expanded onto the New Laundry Property pursuant to the Site Plan Approval, there will be four openings in the wall between the portion of the building on the Existing Laundry Property and the portion of the building on the New Laundry Property. ccp D. As a condition of Site Plan Approval, the City has required that that the following covenant be executed. NOW, THEREFORE, in consideration of the foregoing, and in consideration of the granting of Site Plan Approval, Declarant hereby declares for itself, its successor and assigns as owners of the Existing Laundry Property and the New Laundry Property as follows, and the City agrees as follows: 1. Restriction on Transfer. Declarant shall not transfer all or any portion of its interest in the Existing Laundry Property or the New Laundry Property, unless it transfers an identical interest in both properties to the same transferee simultaneously, or unless the openings in the wall between the portion of the building on the Existing Laundry Property and the portion of the building on the New Laundry Property are sealed in conformance with the requirements of the version of the Uniform Building Code then in effect in the City. 2. Change in Occupancy. If Declarant changes the occupancy(as that term is used in the Uniform Building Code) of the portion of the building on the Existing Laundry Property or the portion of the building on the New Laundry Property in a manner that triggers a requirement under the Uniform Building Code to seal the openings in the wall between the Y:\wp\service linen\a02281c.jsw.doc portion of the building on the Existing Laundry Property and the portion of the building on the New Laundry Property,then Declarant shall seal said openings in conformance with the requirements of the version of the Uniform Building Code then in effect in the City. 3. Restrictions Limited. These covenants shall in no way prevent the Declarant from encumbering the properties with any security instruments which Declarant deems appropriate. 4. Termination. This Declaration shall be automatically terminated,without further action by any party, in the event that the openings in the wall between the portion of the building on the Existing Laundry Property and the portion of the building on the New Laundry Property are sealed in conformance with the requirements of the version of the Uniform Building Code then in effect in the City, or in the event that the portion of the building on either the Existing Laundry Property or the New Laundry Property is demolished. In the event that this Declaration is terminated pursuant to the preceding sentence, the City shall provide to Declarant an executed document in recordable form acknowledging said termination and releasing this Declaration,which document may be recorded in the real property records for King County. 5. Enforcement. This Declaration shall be enforceable by the City Council of the c City, and by the Declarant and its successors and assigns. r- 6. Running Covenants. The covenants and restrictions contained in this Declaration shall operate as covenants running with the land, and shall inure to the benefit of and bind the Declarant's and the City's heirs, successors, and assigns. CD CD DECL T: CITY: Attest: ''0 ' . Marilyn etersen,City Clerk Jes/Tanner, Mayor STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) Y:\wp\service linen\a02281c.jsw.doc • ctss n I certify that I know or have satisfactory evidence thatO ao —) is the person who appeared before me, and said person acknowledged that he signed this instrument, on oath stated that he was authorized to execute the instrument and acknowledged it as the rte. ¢t of SED Real Estate LLC, a Washington Limited Liability CompanI3 be three and voluntary act of such party for the uses and purposes mentioned in the instrument. Dated: , 2001. IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and year above written. ‘4 Vis,.,a , • (,i" f �' : NOTARY UBLIC in and for the State of . - = Washington, residing at Pug%-\ c' My appointment expires 1./- 57-.e:74' -'cc, Print Name A -.3' STATE OF WASHINGTON ) ) ss. COUNTY OF KING ) c� Marilyn Petersen and I certify that I know or have satisfactory evidence thatjesse Tanner is the persons, who appeared before me, and said person acknowledged that he signed this instrument, on r oath stated that he was authorized to execute the instrument and acknowledged it as the © Mayor & City Clerk of the City of Renton, a Washington municipal corporation, to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. N Dated: June 29 , 2001. IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and year above written. ,,,,, a i� 4o,�, M " pZAfj. ►'; �% NOT Y PUBLIC in and for the State of sv ze • vs % Washington,residing at Seattle 2 My appointment expires 9/9/01 9-09',,, 0_ Print Name Suzann D. Lombard # ;Ne OFVI'. Y:\wp\service linen\a02281c.jsw.doc EXHIBIT A LEGAL DESCRIPTION OF EXISTING LAUNDRY PROPERTY Lots 1, 2, 19 and 20 in block 16 of Town of Renton, according to the plat recorded in Volume 1 of Plats,page 135,records of King County, Washington. Situate in the southwest quarter of Section 17, Township 23 North,Range 5 East, W.M., City of Renton,King County, Washington. .j. CD CD h s--- C`,1 N Y:\wp\service linen\a02281c.jsw.doc EXHIBIT B LEGAL DESCRIPTION OF NEW LAUNDRY PROPERTY Lots 3 through 6 and 15 through 18 in block 16, Town of Renton, according to the plat recorded in Volume 1 of Plats,page 135,records of King County, Washington; except that portion conveyed to the City of Renton for street purposes by deed recorded under recording no. 9807211996. Situate in the southwest quarter of Section 17, Township 23 North, Range 5 East, W.M., City of Renton, King County, Washington. e c' cv Y:\wp\service linen\a02281c.jsw.doc