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HomeMy WebLinkAboutORD 5107CITY OF RENTON,WASHINGTON ORDINANJ~~NO.5107 AN ORDINANCE ..OF TIlE CITY ()F :RI:NTON,WASHINGTON DESIGNATING A pEA.NNED ACTION 'FOR TIlE LAKESHORE LANDINGDEVEL()PMENT,APPROXIMATELY?5 ACRES LQCATED BETWEEN'LOGAN AVENuE"N.TO THE .WEST ANI>GAa»EN AVENUE eN.TO TIlE EAST,N.8TH sniJ;if TO THE s,olJTJi,Am;> EAST OF THE BOEING MANUFACTuR:rNG OPERATIONS ON mE WEST. W~.REA.S,RCW 43.21C.031 and\y{\C 197-11-1~4,-168,and -172 allow and governthe application of a PlaQ?oo-;\~ion,designat~on;an4.\'. WHEREAS,an Environmental Impact'~tateIll,e~~(EIS)h¥b~n preparrd f()r the Lakeshore Landing site,entitled the Boeing Renton COmprehfmsive Plan Amendment EIS,and such document considers thepotenti~I environmental ilIlP~s ()f a ph~sed,mixed-useproject on pr0Jrerty generally owned byihe Iloein~ColIlpanyin Nbrt~Ret1\0n,I1l9ludi,ng ~pproxilIlately 55 acres of subject propetty,proposedto he developed ¥-Lalceshor~L~ding;'~nd WHEREAS,With!:orainahce No.5026,the City'has iuh~nded tbeDJmprehensive Plan Land Use.Map for the subj~ar~from EI!1Ployment Ar~~.In<hIstJial @A-I),Employment Area -Transition (EA-T)~dEnipl~ynient Area Office (E-;\-O)•toPrP.an Center North (UC~W;and )..'..." ~REA.S'witIrordinaIiceNoo ~027 ..the,Cit)r.91ls (llIl epdect the~w¥~&~apfr~IDCeriterOfficeResid~ntial (C€lR)andCommerciaI Office tC0),tp Urban Center North 1 (lJC- Nl);and )....'"'>:'.",....,,,,'.','.'c W~REA.S,this O)dina.nce 'rould~fsi&llatecet"t~1~94 uses andaetiMitiesas '~Planned XCtio1J.s"Whichwould be cOnsistent with the Urban Center North I (UC-:l'-H)desigtIatjoI1.atld .--~.-.--, zone; NOW;THEREFORE,i'tfIE¢ITYC.QUN£ILQfT~CITY OF ~NTON, WASHINGTON,DO ORDAIN ASF:0LLOWS: ......',y. SEeTION.L otdinanceis·to: Purpos~TheCity.'of R~~t6n d&lares Jh~t~he purpo~of tIlls A set forth apfocedUred~sigIlatinl~~riliin pr()]ect actions within the subject site'as ''Planned Actions"consistent with state law,RCW 43.21C.03J;and ;;--.0..,:-'- -'. llo ..',..~rovide t~~puO~i~~ith~~hW1det~#Ill~i~~~!to \\,4~tC<?n~tj~teS~pi~~e~Acti~n andhow'land use appliCatio'nswhichqualify as Planned A~tiQns will be processed,by the City;and ..',.,.:':>:''., 1 ORDINANCE NO.5107 C.Streamline and expedite the land use permit review process for this site by relying on completed and existing detailed environmental analysis for the subject site;and D.Combine enyironrll¢ntal analysis with laiId useplan11ing. ~t IS the express PU1J>0se"~f this,~rdinance th~all theJ~ity's devel()pm~Ilt codes be applie<t'together ~tht~e dey~lopp~nt agr~mellt fr~Illework atta~lIed'as Exlllbit A to this Ordinance for thep,urpose ofprqces,~it}g Plannyd ACJi{)ns.." ,.~.~;."-.:".:'-"\-'.y I,,:,;..'=::./",':--'?-;,> SECTIOND.Findings.The City Council finds that: A Th~BoeiIig Rertton .tomprrh~IlsiY~flla.ngnviromnental ImPa.ct St<ltem~nt(E!S) addresses all significant environmeilt<ll'inipacts associated with the scenarios described in the EIS for Alterruitives 1,2,3,•.and 4 ~referenced therein,and the Lakeshore Landing Conceptual Plan is encompils~ed by those llteriIh~~es';aIl~•.. ""j' B.......Th~··miFigati{)n tl1~S~[~.s .C()ntaiIl~i}}the,Peyel;PIl1enti\greement,.Exhibit "At.pf this'Ordin~nce,togetner \vith'tl1,r.City's ,peveloprpentstandards,finaiEIS ang standard mitigation fees (parkS,Fire ande'Traffic),are adequate to mitigate the significant adverse environmental imp{lets orthe propose,<!LakesJIore ~anding C()Jl~pt1J~l,site pla,m~g . ....'.•'...-,:.::'':,",.._',',"..',;",'""_....,..!':.,...,i ...::.."..~:.'',."..",..',......:,':,':.',:.."""',I '..",_"",,':,.,.," 'j.C..Th~expediied peunit review pro&dut;r~forth inthi~6rdi~an~.i~a.nd wilLbe a benefit to the public,proteclsthe en:Virorlment,and erlhances econo~ic development;and B..()ppo~~ti~sfof ~~~H~;inv?~.yem~nt an9 t;e¥irw!baveb~n"J>r()yi4AA as part oftIltC6mpreliensive·;rI~.i~zoti~g·and..E:IS pr()c~s~~,....and*ei ~J>rovak9r~~~on~tualPlan for Lakeshore Landing aoo cOmments have been considered which have resulted in modifications to measures in the Development Agreement and analyzed Alternatives. .. SErnONllt :Pr6ced~r~andCQteria fo.rEv~tluating ~dDetermini9g ProjeCtS :is PJilnn~Actions:" A.Pla~e(.l A~on ,~ite.Th~Pla~ed Aytion'i9~siglla.tiq9sha.IL.apply to approXimately 55 acres ofprop~rty c6mmonly refe~ed to'as the Lakeshore'Landing site,and referred to in this Ordinance as the "subject site.".Th~C~ty Council has.C:lPPf(~ved,at its rewar meeting on October 18,2004,the Lakeshore Landing Conceptual pian for development of beSW~en.500,OOO...squ~e f~!~n~,8?O~292~ua~~f~t,.Thecprq~and c;onsep~~i,\lan are illustrated'iri Exhibit B,atidlegally described iri Exhibit C.Additionally,the PI~imed)A(;tion desigllation shan apply to any off-site improvements necessitated by the proposed development on the subject site,where the off-site improvements hay~been analyzed in the EIS. ,..,;~,~".':',.....-'~'-.,.'.'- B.Environmental Document.'A Planned ActIon desig~ation for a site-specific permit applicat!9n shall~e b~sed0n theenvip:>~rIJ.talaW1ly§is ~Iltain~.inthr l~.entonBoeing Compiel1ensi~e ~lan'Envir6iunental.Itnp~.St#~ent (EISr.issUedbY th~CIty on O~tober 21, 2003.The Development Agreemerrt,Exhibit 'I\,IS based upon the analysis in the EIS.The. 2 Development Agreement,together with existing .City codes,.ordinances~standard.mitigation fees, and standards shall provide the framewotkfor the decision by the City to iinpose conditions on a Planned:Action projeCt.Other environmental documents incorporatcii 'oy rHetencein the EIS may also be utilized to assist in analyzing impacts and determining appropriate mitigation measures: C.Planned Action Designated.Uses and activities described in the EIS,subject to the thresholds described in Alternatives 1;2,3,and 4 analyzed in the EIS,and subjectto the mitigation measures described in Exhibit A,are designated Planned Action.s pursuant to RCW 43.21.C.031. D.Planned Action lbresholds. 1:Land Use:Subject to the measures desCribed in Ex4ibit A,the land uses and development levels analyzed as A1temativesl;2~3,arid 1'.of theE:IS,toget~er~it~t~~ir customary·accessory·uses and amenities described in the EIS;··whenappH~d.to the~9~~iqal Plan for Lakeshore Landing approved by the City Council at its meeting of Octobet'18,..'2004, makes Lakeshore Landing a Planned Action pursuant to RC:W43.21.C.031. If future refinements to the approved LakeshOreI0anding Concepmal Plan exceed the maximum development parameters reviewed,supplemental enviro~ental review may be required ,under SEPA:Rules.'If~ropOsed'planS signi~cantly cha~ge~e location ofuse~:i~a manneF'which wQuldmegatively;aff'ectlanduse compatibility (for example,mov~'C()mrn~f(:~ial and office uses insuch..adnaritierthatthey wouldhotbtlffer resideirtial uses'from the neafbY manufacturing uses),additional SEPA review would be required..' 2.Building Heights and'Thresholds:'Btiilding heights shall not exceed tqe maximum heights;aVowed intheUC-Nl zone.In 'cbmpanson with ·the buildiilg.:h~i&~ts reviewed in the EIS,a proposed increase in height greater than l00A!shall require additional SEPA review addressing aesthetics and shadows. 3.Transportation: a)Trip·Ranges:The range oftrips were reviewed in the :pIS. b)Trip Threshold:Uses Of activities··which would exCeed the maximum trip levels shown in the EIS must complete adaitional SEPA review. c)Road Improvements:The Planned Action would require on-site and off-site road improvements.These ro<ld improvell1ent~ha"e been analyzed in the EIS. Sigpificant changes to the-road improvement plan that have 'the 'potential to sigpificantly increase im~aets to airqualitY,r water quality,·fisheries resources,or noise levels Bey()ndt4e~levels analyzed in tbeEI$wouldvrequire:additional SEPA review..,.,.,;,..., 4.Earth:A significant change in amount of grading assumed in the EIS which has the potential to adversely affect water quality or fisheries shall require additional SEPA review. 3 ORDINANCE NO.SlOq ...,5.Air Quality:A ~ignificant .change in configuration,increase in building hei!Wts,.or sigtrificant decr~in setbacksb~eenfesidential and manufacturing uses,which could affect l~c(J.!ized air quality and odor conditions would require additional SEPA review. 6.Water.The following changes by the Planned Action scenarios to the Alternatives analyzed in the EIS would require additional SEP A review: ,';a}Change in p~flows to Johns Creek significantly exceeding the levels reviewed in the EI8. ; b)Increase in number of outfalls to Johns Creek or Lake Washington beyond the numbers reviewed in the.EIS. ,",,5.Public:8t:rv,icys and Utilities:A significant increase in the number of sq~an~feet or dwelling units beyond the maximum number analyzed in the EIS would require (idditional SEP A review to address ..imp~cts tQ Fire,Police,Schools,Parks,Water,Wastewater, Solid W~e,as applicable., E. ".!'1'1 ,Planned Action Review Criteria, ,'.1...'Thepirector of Deyelopmel1tServi~s,or the Director's designee,is h~reby ..allthorized to designate a project~ppli~tiQn as aFPlanned'Actionpursuant to RCW 43.2iC.931(2)(a),if the projec,t application meets WAC 197-11-172,and all of the following conditions:', ".'....'....~)The..project is located ,011 tbesubject site 'as desciibed in section :qI.A,,or is an off-site Improvement .9irectly related to a'propOsed development on the subject site;and - :",; b)The project is consistent with the Renton Comprehensive Plan adopted under RCW 36.70A;and c)The project's sjgnificant environmental impacts have been adequately addressed in the EIS by reviewing the environmental checklist or other project review fOrm as spe~ified iIlI WAC 190;11 :-:31.5;and 0'"'.'..'__,.'";~'.--.,;'..''.,.-,-'.''. d)The project complies with the Planned Action thresholds in the EI~;and ,.e)The I)iree:tor h~-detennined that the project's significant impacts ~Y~'b.eenmitjgate,d through tpe,~ppJi~tiongf'Jhe l)evelopment:AgreementinExhibit A,as'w~U as other City requirements,standard mitigation fees and .conditions,which together constitute sufficient mitigation for the significant environmental impacts associated with the proposed project;anq 4 ORDINANCE NO.5107 t)The proposed project complies with all applicable local,state and federal regulations,andwhereapptopriate,needed variances or modificatioris or other special permits have been requested;and'. g)The proposed project is not an esseirtial public facility. F.Effect ofPlanned Action. 1.Upon designation by the Director ~tthe project qualifies '.a~a'Planned Action,the project shall not be subject toa'SEPA-threshold ;deterinination,an'envirOnn1ental impact statement (EIS)~or any additional review under SEP A. 2.BeingdesignatettaPlariried A.etionniearis thail!proposedproj~cthasbeen reviewed in accordance With this Ordinance,'andfourid to be oonsisientmth the 'development parameters and envifonmental;analysis include<I irithe EIS..';,'". 3..Planned Actions will not be subject to fiIrther procxxiur~review under SEPA.However,projects·will be subject to conditions designed'to mitigate aD.yc.enwonm,ental impacts,whiehimayresuIt ,'.from the <project propo~'andprdj~·\\,in'll,:subject.to.\\,~,&ie\,er permit requirements '·are···deeIl1ed •.·.appropriatebytlie .••eity ..un~er)State ••anUptr .•l~ws,arid ordinances:'The Planned Action designation sl1all'no1:'exeuse a projeCt:frolllmeetingt!ie eity's code and ordinance requirements apart from the SEPA 'process.',<;. G..;·PlannedAetionPermit ·proceSs.The Director shall establislla >'procedure to review projects and to'determine whether.theY meet iheciiteria as Planned Actj?D:s underState laws and City codes'and ..ordInances.';:The procedure shall'cOnsist;at it minimum1 of the following: 1...Developinent'(lPplicatidn~sh.~U meet the ~equp-eInen~ofilMC?Ch'W~ers 4,-8;an<l~4-9 ..Applications shall be .made on fo~SPiovideti?ythe.I?~partill~nt andsliaUinclii?: aSEPAchecklist or:revised.,$EPAcheckliSt[Whereapproved thfough WAC 197-11-315(2)]or such other environmental review forms provided by the PtanningmuildinglPubliC Work Department.The checklist may be incorporated into the form of an applieatipn; 2.The Director shall determine whether the application IS eolnpleteiS provided in RMC Chapter 4-8. 3.If the project application is within an area designated as a Planned Action, the application shall be reviewed to determine whether the proposed application is consistent with and meets all ofthe qualifications specified in section ill ofthis Ordinance. 4;,Upon review of a 'complete application by the City,the Director shall determine whether the project qualifies'as-a Planned Action.If the project does qualify,the Director shall notify the applicant,and the project shall proceed in accordance with the appropriate permit procedure,except that no additional SEP A review,threshold determination, or EIS shall be required. 5 ORDINANCE NO.5107 ..,5.,.,Public ~oticefor proj~cts tha,t.,quaIif.yas Planned Actions·shaUbe tied to the underlying pennit.If notice is otherwise required for the underlying permit,the notice shall state that the project has qualified as a Planned Action.If notice is not otherwise required for the underlying permit,no special notice is requ,ired. 6.If a project is detennined not to ,be a Planned .Action,the Director shall notify the applicant and prescribe a SEPA review procedure consistent with the City SEPA procedures and state laws.The,notice to the applicant shall describe the elements of the application that result in disqualifiC(ition as a Planned.Action. -~. 7.Projects disqualified as a Planned Action may use or incorporate relevant el~p:1:~l,lt~'8f.~e .~vir;{)pn1eIl:m!revie~!analysis.in .•theEIS ..pr(:}pa"r;ed,for the Planned Action,as ,,:\,eIl,.,.as,.other enyiioIllll(:}~~i ..documents to assistit1 c m~eting SEPA.requirements.The EnVtronmental Review'Committee may choose to limit theswpe of the SEPA review to those issues and environmental impacts not previously addressed in the EIS. '......•..SECTI()N 'ry~'""i ,'..'.'..Tim~PeriC)d.",Ihis Planned Action Ordinance shall be reviewed nola-ter;tIuiit.,J.)e~~b~r.,31,2009 byth~'L)~y(:}loPDt~ntServices Dm~or to determine its SQptiAuingvalidity~threspect tothe..en-&onm~ntal con4itions ofthe subject site and vicinity aqd apPJ.i~pilityofPiann.ed Actioll requir~!TI~nts.11l~upon this review,this Ordinance may be amended as needed,and another review period may be speyified .. SECTION V........Coll'Jict..lnthe eyentofa conflict between the Ordinance or any mitigat:ion ~~~res iIJ1posedpur;s,ua-nt ,thereto and a,nY'9rdinancevor.reguiation of the City,the Bfovisions.otihis Ordinance $haIL~ontrol,EXCEP'];'ithat .pr~)Visionof any •.TJniformCode shaH sUperSede...... .SECTION VL"..'.....§everabiliJy.Should@y sectiOIl;·sqbs~tic:>n,paragraph,sentence, cl~~,8rI)hr~..of ~sQrdirnmceoritsappli~tion b.e<:l~la,red llnconstitutionaL or invalid for 3:I1Y.feas,on,sucV;decisiQD shaU~8taffect.the v~li4itYQfJhe remaining portions ofthis Ordinance or ,its,appliyation'to any other person or situation.>;.'.- SECTION VII.This ordinance shall be effective upon its passage,approval,and fixe da~sat):er publi~~tio~. PASSED BY THE CITY COUNCIL this 15th day of November ,2004. 'r ., 6 BOnI!ie J.Waltpn,.-City Clerk:'..' ORDINANCE NO.5107 APPROVED BY THE MAYOR this 15th dayof November ,2004. ~~/uJ~ athyeolker-Wheeler,Mayor Approved as to form: Date ofPublication:11/19/2004 (summary) ORD.1142:1l/3/04:ma 7 ORDINANCE NO.5107 EXHIBIT A DEVELOPMENT AGREEMENT 11111111111Ifl"'"20031210001637 CITY OF R£f:{TON AG 91.ee PAG£&e1 OF e73' 121'1,1/261"3 l2:22 '" KIRG C~TY I .lolA . Return Address office of~e CityClerk Renton City Hall lOSS South Grady Way Renton,WA 980S5 .DocUment Titl~Bj(oc'tranSaftions conQDed~erein): 1.Development Agreep1entfOfR~ton :Plant Redevel9Pm<mt,,.. .',''.:'".\'','.:,;,':';:..,,'':,,'",,.r Reference Nuinber(s)ofDocUD1e~ts~~jpedor.re~: (on page_ofdocuments(s»,.. .".. Gpntee(s)(Last name ~~lhenfirstname andiniti;ils): 1.'..city.<>f ~'cr,lt~". Grantor(s)(Last name first,then first name and initials): 1.Th~B9cing C9!PI>aqy Asst;ssor!s~r~~rty '.fa!X ~~~ellAcc<mttt NUJQ.ber P~9f1S.ofc thefollow.iQg:.#7¥46()-QOS544,#7223()Q.-QJ15-08;#722400-088()"()(),#082305.:90 19-00, #08~305-9209:0()"#08239~-~~!-Q~·~~7223~105;:OQ,~~f.395-9152,;P7,!ti072305"QOQl:-01.#{)72,30S., 9046~8,#082305-90P-08;'#082305-91 8,7:06,#08239S-9979-{)7,00723g5-91 00:-91,#08f305-9204-OS. Le.ga.1 d~ripti()n (abbr~t~:.ieAot,block,p~t or section,township,range) Portions of Renton Farm Plat,Renton Farm Plat No.2,Plat ofSartorisville,Renton BoilerWorks ShOCtPlat, Renton Farm AcreagePJat,City ofRen.ton Short Plat,cn Adsit's Lake Washingtcn Plat,and Government Lots 1,2,and 3 -Snz 082305T4XLOT55 PCr..1J¥)EING,STR 08230S TAXLOT 115 pYL 2 BOEING; STR 082305 TAxLo't880:kL 300EING,siR 082305 TAXtoT1'9fCL 4'i¥:>EING,Sl'!t 082~95' TAXLOT9 PCL 5B0EING,:S1'R 0.§.230?'f.~OT37PClj6'BOEING,STROsi305 TAXLOTio5 PCL 7 :BO.glNG,STR o,$2¥l5T~T 152~.8:~EINO;STKOn3,05 TAXLOTJ PCL'9 BOE}NG,STR0723'05'TA:XL01'46tc~l,0I36~IN(],~rR g8230S1'~IhPCLll BOEING,STR 082305 TAXLOTl87PCL 12B(:)EiNG,STR08230'5 TAxLoT79'PcLJ3 BOEING,....,,''. sm 07230S'TAXLOTJOO,P€L14·,BOEINEl,Sm 082305 TAXLO'T 204 PCL 15 BOEING.' [~]Fulllega1 is on pages __tbrotigh ~cit ~Jfumerit.' {lBOEING Dev Agreemenlll·24.Q3.doc]11124/03 .--, ,I:. DEVELOPMENTAGREEMffiNTBET~EN ",'"THE BOEING'.;{;f.)NiPANY AND THE CITY OF RENTONFt);R~DEVELgP~~'QRAPORTION OF THE BOEING RENTON AIReRAFf MANUFACTURING FACILITY ,~,,,r~;r;J'----Of ---------,--00--'--,''::;.:!.V·~, This DEVELOPMENT,~~~~~("Agreement")between TIIE BOEING COMPANY (''Owner?'or~'iJooin:~2i a,f)~la"'~~1.J??l1ltio~~aed the CITY OF RENTON (''Renton''),a municipal,corpbtati(jn()ftl1~State orWa;shin~~p",is entered into pursuant to the authority ofRCW36.70B.l70tI1tougb .210,under which a localg()verD,I:Ilent m<,lY ~nterinto a,developmentagreement with an entity having qwnership or control of real pr()perty within itsjunsdiction;,," II;RECITALS A.Owner oWJ]S approximately 280 acres.of.real property,KnoWn as the Boeing Renton Aircraft Manufacturing Facility (''RefltOrl'l>larit''or "Plant");JOtated.'· in Renton,King County,V{as~iIJgtgn,as more particularly described in'EXhtbifl, attached.Since the early 1940s,-the Plant has beenused to manufacturemilitaiY arid connnereialairplanes.;'" .:",":;.<.'~',:t '':.-.::;.~ f3.,.":,,;~e~a,j?~ty,of'tpe;R.~I1,tofi''P~~t.'sitehtlSJli~t6ij~Y',~nzon~Jor " heaVYi1ldllSm~~e.~gh;lsi fqrse~~~tY~'beendesi~llte~(~Jll~lo~~ent'1\rea,­Indus1rialb,~t1l.eR:nto~Compr~~e~siye~~l,~;;·~~ce2,O~,~~~c~I:;~:~ngtllePlant's eastern boundtlt'yhasoeen zOIl~IEIfU!PdWi,~W.eqb~.W~C()~p~h~ivePlanas Employment ~.".Jransiti{)n@terim~anp~lil1~yparcelhaS<beenzoned co and d~ignated by the Comprehensive Plan ~~~.p19Yment~~:-Offiq: C.in 2062,OWiier informed Reniofi'ofitS plmrterUo!1Sbiidateits RentoIi Plant operations to the site ~a'West ofLogan Aven~e)aneffort comiil0iilyJOlown as the "M()ve-to-the-~e.".11oy~..t~tI,1e ..1Me"i$~.,amqIlg oth~rihings,iriiendoot6·.... release underutilized land as stirpHis for eventUal sale'and redevelopment... D.To provide certainty and efficiency to Owner with respect to further development of the Renton Plant for airplane manufacturing purposes,to encourage continued airplane manufacturing by Owner at the Renton Plant,and in anticipation of potential future redevelopment efforts,Owner and Renton entered into a Development Agreement (''2002 Agreement")on June 28,2002,by Resolution [/BOEING Dev Agreement 11-24-o3.doc]11124103 Pagel ,. No.3568 whic~aITl0pg other thip.gs,.esta:blishedbase1ine.trip counts, redevelopment credit and vesting of land use regulations under certain circumstances for on~oiI).g RentoJ1 Plant.Qperations andpotentialtedeve1opment. ¥....B~~~tlftlxiper <llscussipllS between Owner'and Renton regarding pot:~iHd :opportupiti~Jor~eve,l()p~en.t of the.Renton.Plantsite~inphases~oyer tin1e~;R.enton reSolved,·~y.i1esolut~()nJ5~9,on Octol>er,J4,.2002,·to conduct 'envrroim:Iental review iii the fonn of an environmental impact-statement (''EIS'') pursuant to the State Environmental Policy Act ("SEPA")of (a)potential alternatives for ~~;v~lppmen.t()f ;llJ;orJl porti.on pftheRenton PUuifsite"'and:(b)telated pllblic ~ctUJ;~..:R~()t~li()n 35J~9 also~tablisheda'eenceptual publiC/private fiW1J.e'Y0rk for the eyeQtyal~tigatiQnofthe impacts ofRentori Plant redevelopment on.ti3ll~portatJon infrastructure.and.pu\>lic.servi~. "-:0,'._~';,-'-'.':-,---:_c_,.'.,'-',:~-' .F.'.....Ql.t'Dec~!pbeJ;i4,2Qbt,qWn~J;~d Rep.ton enteredjntoan agreement fOncetning:the~fiuldkg~d\).0J1Strq9#()q·()f.tbee~IlSionofStranderBlvd.aCFOSS 0wher'sLOngacres property ("StriUider Agreement").Among other things,the Strander Agreement establishes a $1.7 million transportation mitigation credit to Boeing th'lttp(lY beus~to'payfor trall$PQrtation iny>rovements needed to support .dev~lop:Q,leI1t()tdwAer;s properti~Jocat~in Renton. ·G.,."..••on rJe4~lJer \6,2W2,Ovm~rs~bmittedan appJjcati~n to Rentg.n for amen(J~~~t~~-tlje~~f:~~eA~iy,ePlim..4e~~~ati9n"Pplicable to the,Renton Plant site ("Corllprehensive Plan ApplICation">,from'rnto Effiployment Area -Transition. (''EAT').Renton elected to designate the area under a new Comprehensive Plan de,s!gIl~i9n~~~II\~me,t4eG9Il1prehellSive plan Application with amendments pt~p<>sed b¥~~~t()Jl,'tothezoniI).g teX!,ze.nll1g IJlap and development;staildard for'ilie Rerii6n Plant~ite"".'.'.,, H.On December 20,2002,Renton imposed,'by Resolution 3609,a M{)l1!tqIjU1D ~n'gey:eIQpment in '!l"eas,()fRenton;including the RentouFlanl,Z(}fied'IIf"0iJ.'~"~iatep~()I}.()f tlW M()l1lt()ri~.W'.lS,Renton's desire to ''provide adequate tithe for"itenton swtto prepare <:m<lRrese,Il,t propos,ed changes to the Comprehensive Plan and zoning"ofthose areas zoned heavy indUstrial (lli). I.On January 13,2003,th~'CityCorincil held a public hearing on the Moratorium.At the request of the Boeing Company,Renton amended the Moratorium to allow Boeing to consolidate its facilities within the Renton Plant. Aft~rt4~I~llilJ.)'~3,2QQ2 ,public h~a(ing"theRenJon City Council adopted Resolution 3613 \vlllcl1'continued the ,Momtoriuminthose areas ofRenton ,zoned,,',:,<,:__:';'_:'~_:'\,,',,__._"'>_,..,'.-.L"".""~!:"<-',".;:'~.,',_,'.',:.c.'v ,c._--~ [/BOEING 11-24-OJ.doc]11!l4Al3 Page 2 heavy industrial (li),but also agreed to support Boeing's "Move-to-the-Lake" including any required builtlingmodification or const11l6tion. J.On Jun~.9,2Q03,the,<Jity <Jouncilarnended'tlie Moratonuni for a second time by theadoption ofResolutio11 3639.Resolutiqn3Q39.Jifted the Moratorium overI"Hzoned areas locat&fWithinthe ~mploYn1ent&ea-Va)Je¥' <Jomprehensive Plan,~desrgilation.The RelltqriPlaD:t is'the only l~I(z~)ll~,pr~perty of any significant size that continueS to be bound byiheMoratoci~.wbich IS sClleduled to expire on DeceIilber,2,2003:.,..... ,~:. ......,.K.QnM~h,~~2Q03,Renton's~n~otin1ental:~e~ewC()~~jtt~ (''ERC'')~4op~y<la<.leterminationofsigni~canceforthepfoposal.~enlb1!i~~eg~ 8c()pmg~oti~)~d$cQpingDocument forthejEISon Niatdi 1Q;209r;.~..,Nf~c~ 25:2003,a public scoping meeting was held tCfreeeivewntlenanu 'orat oohnn.etitS on the proposed scope of study.A Draft Environmental Impact State~fjnt (DEIS)was issuefhby the ERe·on JWY 9,z003.Apu1?~6'hearin.g,?,asheld onllily 30~'20()3.A ' thirty day comrileritperiod ontlle DEISwas Closed dnAugust 8,f:~3'~'The Final EIS was issued on October21,2003:",,'".""'...,'.'""",'., L ..,.}?ortionsofthePrqposaIweretheslli5Jectofa Re~to~)PJ,#fihj~~..'j,,,"...,.... <Jommission hearing held November 12,2003,;the ProposMand related mOdifications to Renton's existill.g parking code,site de,,~lop~e,ntpl<Ul~eyie}Y,Q[9io.:ance,and binding site planoromance were the sUbJ~tai1he CityCoUncjl IIea!!ng heldpn November 17~2003.The CityCOlIDcilapgptoo all ,b)l:(jrginance qn J\Iovenibet24,2003..'.,........~........ M..,.Qwnerhas determined that t1lepbrtionsofthe Rel1t6~;Pf~tSiteJ£fiQ)Yl! as#Pt3 a1l,<.lt4~10C'"§Oi~ite!wiUbecome under;iutilized at the oompleti~g;?~ly.IoVe-tp­ the-Lake.Consequently,those portions ofthe Plant may be surplused and made available for sale,in the near future. .' IN;LIGHT OF THE FOREGOING;'arid becausesuccesSfijlJ!e4eveI9P~~nt~f all Of i29rQQns .ofthe Renton Plant site will'beoflong4enh benefi.t,tc{boih Rerifol:l and. Owner,Renton and!0wner doliereby agre~as~ollows:',.',,-,'.. ID.A9R.E.E~NT 1.Definitions 1.1 Arterial Roads nleans the.p~aiy publicroarlss.uPP9r:tit]g Di;tricf 1 and! 2 Redevelopment,as 'diagrammed in plan 'mid section and descnbe(Ion'Exhiblt2; [/BOEING 11-24-Q3,doc]Ilfl4103 Page 3 1.14 On-Site Intersections means the 1ntersecti<)fis shown on Exhi~it 4. -L15 Owner means Boeing and any trap.sfer~or successor-in-interest of all or any portion ofthe Renton Plant.... 1.16 ..Propo~m~~~,~9¥~tfvel~~Qv{ne(sYSIl1pt:~l1,eJlSiyePlanAJlplication and'rel~zomngarid Deve\opinerit~yguJaQ()napleIJdt1].ynts proposed by Rynt()n. 1.17 RMC means the Renton:Municipal Code. 1.1'8Redevelopnientm~nsconstruc~on<if iInproveniyllf$.t?•...tft?~e!1toq Plant for usesotherthanairPlaJi~mantif~tuI1ngor usessuPpoititig,orJlssoCiat~with ai.Jylane manufacturing..'...','..'....., 1.19 Renton Plant Operations means airplane manl}facturip.g and supporting or associated uses conducted on tBeRentonPlant Site..- 1.20 Renton Plant Site means District 1 and .J)istrict2,~ollectively,as shown on Exhibit 3.:;.'."..'/. 1.21 .'Site PlanPr~~metu,lS ~e m~t,er P~~I?~1 ~~tepl~requirements oftheRMe applicable t()R~evelopment~~in tlle:U<;,-N :If()~~'' - 1.22 Subdistrict lAm~th(it P2rtt()n oLQistI"ic!l ~~{)my knqwn as Parkfug LOt 3 and the 10-50 BtlilOing as shown on the Sub4istrict 1A Conceptual Plan.c ." 1.23 SubdiStrlctlB\means that pOrtioIi ~fDist:lict 1 cbmnioDly kQ9W]J as..the 10-80 site,LOt 10,and other Boeing-owned parcels east of Logan Avenue and south of 8th Street .'.. -1.24 .Subdistri~ts·mea6sSllbdis1rihtlA,Sllod~trictlB,andDistri~£2, collectively. 1.25 UtifitiesfueaiJs wafur,sewer@d strirniwater systemimpr4i).ye91ents,that serve the Renton Plant Site..'".'. 2.•Bash»ofAgrooment 2.1 Intent This Agreement establiShes certain roles and responsibilities for thepOt~Iitiiil phased Redevelopment of all or a portion of the Renton Plant Site,including but not [/BOEING 11-24-03.doc]I lI.24103 PageS ,. attached,with typical sections ofthe illdividual Artetial R.oads shown in Exhibits 2A through 2E (berinaftercollectively referred to as Exhibit 2). 1.2 BOeing means The Boeing Company,aDelaware Gorporation,and related or subsidiary entities.. ... .., ".13..Design-GUi~elmes means the Urban'Center Design Overlay Regulations established by Renton to §upplement the'De-\relopment Regulations with respect to the design of certain uses permitt~within the.l..JC~~zOJ).e. !.~...J)eveJ9.pIPen!R~~latio~llleans thOS~portiOllS ofthe Renton ~uriiciRitIC()de.~C}.z?niiJ~pr~vi~i.onsthat goyemcertain~~ts ofsite planning, building design,landscaPe requirements and other elements of developmellt within a given zone. 15 District lIlieans tlt~t area ofthe R.enton P!ant Site located east ofLogan Avenue,as designated on Exhiblt3 attached.." 1.6 DismCi 2 trieanSthat area'ofthe 'Renton Plant Site located west of Logan Aveliue,as designated on Exhibit 3. ,' 1.7 ,"EC6n0nii?~ehem ~a1ysismeans tlie ~cuJation of,e~tilDe:ued,one time and recurring revenues'andjobs generated by a proposed Redevelopment project. 1.8 ."FranchiSe UtilitieS means ~le,c~citY,natuIa1 gas,tel~mmuni~tiqllS' and otli~rutilitieS nofproVidedby Renton.',. 1.9.Interchanges mean access points from Renton roadways to and from Interstate 4()5.~"··. 1.10 Intersections mean the general areas where two or more roadways join or cross,including the roadways and roadside.f~ciJities for traffic mov~!Dent within th .',........"... em. .1.11 "Land Use Policies and Regu~atio~IlleansRenton Comprehensive Plan policies,Development Regwations and D~sig}i (fuidelines.'.'.' 1.12 Local Roads means all on-site roads that are not Arteria).Roa~and that are necessitated by Redevelopment. 1.13 Off-Site Intersections means intersections not included within District 1 or District 2., [/BOEING 11-24-{)3.doc]Ilfl4103 Pa'g~4 3.15 Vehicular and pedestrian circulation that includes a hierarchy and general location oftype,including arterials,pedestrian~riented streets,otherlocaI -,roads and pedestrian pathwa:ys;-,' ,- 3..1.6 General location aIld size of public open space;and 3.1.7 An economic benefit analysis demonstrating the conceptual development's anticipated economic impact to local,regional and stategoyernments. 3.2 C9nc~pt~~1 PI~n-~PP:royal,.....~"_.:--~-:,,':-~-'-.',.,- Owllerwill SUbnrlt the Conceptual Plan to the City Council for approval:-.The Council will base its approval on the proposed Conceptual Plan's fulfillment of the adopted Comprehensive Plan Vision and Policies f'or'theUroan Cenier-iNorth. 3.3"~~~eq~ent !t~g~,U$eApprovals .'";RentQIlwi1Jey~~~~t~llbs~qllent dyveloPtIl~nt.permit applicatiQDS>within the SubdiStti~W~~edoQ.C<>~istencYcwith~e app~ovedConceptuaIPlan.The process '.for subse<iiu~ilfri13S!~rplAA,;n.id;s#t?pl~,apprQv?lis;outlinedin~RMC4-9~200~ ~,~,'::-':i'·".S',~'_"":;:'_'-';:''"'"-,....,'.__..•, 3.4 MOdlficatlorlS t6 j\ppr6vedConceptUal PI~ns '0;'.~_;. ;'';',><; 3.4.1 Modifications to an approved Conceptual Plan may be made after an administI"atiyedete~jJ)~p~J?:<?ftlJe.~igpifiC{l.Qce·oftheproposoomodification. 3.4.2Minbrfu.qd~c~ioIl$.to ~approY¢'F9ncePtualPlan may be approvedadmmisfi'ativeIy"as"Yoh.g as tlleproposea m~illCationSremainconsistent with the spirit and intent of thy adopted Plan. "_..~.1.3",Ifit ~;9¢tk~ine\~t1lat~p~PPQseslJnQ<lifj,~ionisinconsistent with the spirit and intent of the adopted "Conceptual Plan,or if an entirely new . Conceptual Plan is proposed,City Council approval is required. 3.5:SubdiStrict lA C~nceptmil Retail Plan . ~~rh~p~~~~~u,.~tstA9tIACQn~PWc¥Re,rnil.Plan,attached as ExIllbit 5,th~pi¥tsthe req~i{emeHtse~i~tion},.~utH!}jngproposed " Redevelopment ofSubdistrict IA.By adoption of this A:~IDe,nt,theCityCounci1 .approves this plan as the Conceptual Plan for Subdistrict I A. 3.5.1 TheS~bdistrict IA RetailCon~ptualPlan inclUdes development of approximately 450,000 sq.ft.of large-and medium-format retail stores and [/BOEING Dev Agreement 11-24'()3.doc]11/24103 Pagel limited to Re,-';1ton,commitments for corresponding potential funding and construction of ceJiaiy.'public infraStructuFe improvements'benditing the Renton Plant Site and the community at large and Owner commitments to participate in the funding ofcertain public improvements,to fund all private aspects of Redevelopment,,and to redevelop the RentonPlantSite,consisfent withapplicableLartd UseP6licies and Regulations. 2.2 SEPA-DecisionDocument This Agreement is entered into in lieu of a SEPA "Decision Document"and,as such,establishes all SEPA-based conditionsnecessatyto trutigate potential adverse impacts of the Proposal,and Renton's approval of the Sllbdistrict lA Collceptual Retail Plan:.. 3.,~edeyelopmentPlanmng Redevelopment of the Renton PlantSite may'oc'eur'fucrementally starting with properties within Subdistrict lAo Conceptual planning for the possible surplus and sale o{property wW oecurin three areas oftlle Rerit~llPltu1fSite,S~bpistricll~ SubdistrictlB,.and I?istrict 2,as illustrated itiExhibit3:.Concepmalplanning,'. 'pursuapt:totherequirements.ofthisAgreement,wllt be'supplemerited by master planning and site planning pursuant to the reqyiI'eJ..llents of}{MC 4-9-200. 3.1 Conceptual Plan At the time at which 0WnetWishes to ·sulXIivlde,develop,'sbll,Of otherwise alter any property within th~Subdistricts for us~notfel~ted to airplane manufacturing or supporting USes,itwill submit t6 Renton a 'Conceptual PllUl including:".':"-.'.'.! 3.1.1,A mrrrative describing the c~n£~ptpal Redevelopment proposal and its relationship to the Renton:'s Comptehe~ive}>l~'lisioIl(}lld ~p!icins for the Urban Center---'-Nort:1l;-"..,'.' 3.1.2 The estimated timing and sequencing ofproperty surplus and sale (if applicable);"J ' 3.1.3 A d€scription ofthe prop()sed ~s~mcI~d~g th~¥en~mI ~x of types,estimated square footage of each bUildirtg ahd patkUig for eachstnictlHe, heights and residential densitieS;..". 3.1.4 The general location of use concentrations (Le.,residential neighborhoods,office ortetaHcores,etc.); (/BOEING 11-24-03.doc]H124103 Page 6 4.1.~Subdistrict IB ArterialRoads The parties agree that the Arterial Roads or portions thereof diagrammed on Exhibit J 0,withJypica1.sections 'ofthe individual Aiterial'Roads shown in E~bits lOA througij,JQ;E (b~inafter colleCtively refthied'te as Exhibit1 0)as District 1, s,uhqistrj.yt,18:Wld'zlistedby .segnrent on Exhibit 9 are aIiticipated to be necessary for full Su~~tl:B Redevelopment.. 4.1.,4 ()t.IJ.~rArterial$ .. The cost ofI'~ire9 itnprovementsto arteti~roa&Jiot ~<kessed by this Agreement will be pmd by property owners or developers benefited by the improvement based on a fair share allocation of totaJ:cost.. 4.15 ..;.rterialRQadand Other,Public':Infrastrucmre .Fun<l~~g .''.4.1.5:.1",:~ent<>n ~s to d~sign andJ.constrnct the Arterial Roads and certilln other e~ementS.QKl'>~~lj~~ttuptlJ,respecified belowatReiltQn's.sol~ .cost and expense;provided,'that Renton will rely on revenues from sales tax on construction,increased$3.l~.~{roni.Redevelopmentimprovements fuld;the property tax and other revenueS generated by Redevelopment to fund its share ofthe public infrastructpre anticipated under-this Agreefuent... A~1.5.2 ,RentQn willretiin orie;;.third (1/3}oftbe col1ectedllixalid other I'eV;elllJ~:'g~p.~r.at~jby :Redevelopment,and'will set aSide the remainingtw'O- thirds (213)for,~ctw:e WIPfovements anticipatedin'thisAgteement as necessary to timely suppOrt Redevelopment within the Subdistricts. 4:1.5.3 Renton intends to utilize I!mi~ed tax general obligation debt to fun~ArterialRoadSahd other public ~ttUfeu1id~r this Agreement,to be paid for by revenues.generated byRedeV'elopmentpurs~tto the tellll$of Section 4.1.5:.1.~or ~~3I1lP~e;c~,l~;~,op<.l~~n<Js·~()~4~~pire~proiim~ely. $t,OOO,@OoiperYem:in ?ebts~~£ttqr.a~O-.i~~l1g~!}%i9!~(~t.:,~jp1il~JY, $1,$00;000 mbOndS would 'require aPprexiniately '$625,OOOpefY~in d¢bt ~ce and $4,000,000 in bonds would require approximately $333,00<>in debt service. 4.1.5.4 Should tl&revciiues fall shortoflhose necessary to timely install all infrastt11ctureimpro,y~mynts required fora parti9u1ar.Redevelopment project;'J.{enton may deJay infiaStmct;uri Constructio~~tilt4e taX revenue shortfall isremedied:".,.'.'f"'"•.... [/BOEING Dev Agreement 11-24-Q3.doc]Ilfl4f03 Page 9 approximately 110,000 sq.ft.ofsmall retail~liops,as well as potential locations for structured parking and upper story multi-family residential units or office uses. 3.5.2 ,An EconQtnicJ3enefit Analysis for SubdismcflN of the Redevelopment,attached as part ofExhibit 5~:demonstratesthattile -Sulxiistrict It\: ,Retail C()n,.ceptualPlan,~hicll is forecast to producy estimate<frevenues to Renton of approxitDately $1.2 million in one-time,construction relatedreveiruesandan ,escalation to approximately $1.5 million in recurring annual revenues to support Subdistrict lA Retail Redevelopment beginning in2009;defuonstrates revenues sufficient to fund Renton's obligation to constructpublic infras~cturesupporting Subdistrict lA Retail Redevelopment subject to sectiOn 4,.below~. 3.6 Additional Planning Applicable Owner acknowledges thatadditionalsite planning based OD:the requirements of the RMC will be required for potential Redevelopment within the Subdistricts.For example,should Subdistrict lAbe further divided by short plat,Jot boundary adjustment or otherwise,master planning andcsite'pJanning for each parcel and buildihgsitepursuantto RMC4';;.9;..200would {x;\reqliy-e<:fi ' 4.IJ;l~tructtJJ:"e Required to Support Redevelopment ;':' Transportation and trunk utilities anticipated to be necessary to support Redevelopment and the manner in which each will be funded and developed are disc~se4 J:>elow.ExhibiJ 2 generally illustrates'eacli segment ofArterlal Roads. EXWbi~.6A,~,7,7A,'iJ3-and 8 illustrate SU})portingfruDktitilities~'EXhibit 9 describes infj:astructure components and corresponding anticipa.tedcos{; 4.1 Transportation improvements . 4.1.1 Arte~i,1 R~~Reqni ..ed at~ullBuildOut The'patties apree'tliat tile ¥teri~iRo~dsdia~edpn Exhibit 2 an~Jist~, onEXllibit 9,Willbe!1eC&8W't~sUPPQrt full r~~e'Yylopp~~toffh~Ren~gn~13l1tSj~~, includiligDistrict 2;~sti.trijniari intenSity ofto1al §it~Redevelopmentno greater than , Alternative 4 studied intheEIS."',... 4.1.2 Subdistrict 1A Arterial Roads ~-'-'i'~!'_,.'.j •'0 - The patties agiee1iliatthe ArtenalRoads bf'jk;iiionS'tl:iereof di~ed.on Exhibit 10 as District 1,Subdistrict lA roads and listed by segment on Exhibit9,;<ti-~,. anticipated to be necessary for full Subdistrict IA Redevelopment.. [/BOEING 11-24-Q3,doc]11124103 Page 8 4.1.7 j)esignFund and Timing 4.1.7.1 Renton agrees;within 30 days of the date of this Agr;eeIP~n~toe~k $l.?milljon,for funding of Arterial Road design and engineerIng ("Arterial Road Design Funq"or "Fund"),The Fund Will be utilized,as needed,to ensure that design and engineering ofthe"Arteri~~oadsoccur in collaboration with Owner and sufficientlym advanceofRed~velopD1entproject construction to produce needed Arterial Roads in time to serve such Redevelopment The parties agree thatRenton shallt;eginthec6n§tl1tlmt selec,tiwl,.P['~~s for4esign of Arterial Roads Within 30 days ofthe date 'oftllls Agreement.'.'.,.. 4.1.7.2 Withrespect';foSubdismct "lA MenaIRoa'ds,RehtoIl.wilI ~gin-de§ign,throughjts consu1tan~'()fthtfintefS(',CtionofParkandLQganaf the first tils~ofthe ~nsUltantselecte<lpursuanttoSectio~4.1;7:r.This~a{IY9~ign§p.all be coJ;l1pleted,as SOOll.as reasonably possible 'for-lhtrpUrpose of definihg the loCation and ext,e.JJl9 f the:n eeded rightofwayofthe;jnterse(;~i(}9ofP~k..t\ve~~t and,LOg31lAvenue.Owner and Renton will consu1t()n'ariglii~ofway defiIlition srlfficierit to permit Owner to establish its property lines (or Ptu:'pOses of sale. _4.1.8 GeJieralC6nStroction Tilning ..~- ',~ristmctio9-,,Ofall_or portions ofArterialRoads requrred'f()reachincretnehfof .Redevelopment will occur based upon (a)need for that pomonofthe Arteri3I Road as demonstrated by a SEPA environmenud checklist }?repared for tl}at.in'1rement of Redevelopment;'a traffic'study,or 'other dooUll1cntation agreedto by the pm;ties,and (b}~constructionschedule-establishedi'by'Re~~n.and(lPR#?Y~~t~~['-tQ.,~~we final completioncofsuch Arterial RoiidS,'for ~chincrement ()fR&levelppmeI)~,prior to isswmce'Qf the first QCCupafiCY'~tf?rth~increIIlf~~;Provi9~~at irsqqh., Arterial Road constructionisn'ot timely oompleted,RentonshaII identifY arid . construct;at its cost,mutua1Iyc acCeptable iritennr access. The cost of On-Site Intersections will be paid by Renton according to the principless,etfoI1Jl in ~ti,on4.L~"exc~ptthatOwnerwillpay(a)·the cost of left turn lanes9~(,\<)~~,t~_p~Qvideaci;essto R~eyelopmeBtand (b)that portion of the COst of the traffic signal necessary to support left turn movements~. [/BOEING 11-24-03.doc]Il124~3 Page 11 4.1.5.5 In the event ofan infrastructure delay,Renton will immediately notifY Owner and (if Owner is'a non-Boeing entity)Boeing of its need to delay and representatives 'of the parties will meettd discuss a cure,which may inclJJde (at Owner'SOf13Qeing's option)the provision.'of.altetn~tivefimincing pursuant to . SectioIl,?ofthis Agreement..... 4..1.6~~rteri~IRights ofW~J ,4.1.6:1 J .~~rw~sto:'ge~li~ty,~tno cPsttQRellton,.thel~dn~ssaiy for 'th&dgb.tS ofW~y'd~scribe<fW,E~bit2,at thetime,thatlandonwhich the rights of ways are'lotatM is sold;proVided,that (a)'R~nton may request earlier sI~~~~>Il,','Xhifh.~er maY.flPPt:ov:~,:inttssQlediscretion,which approval shall not .Re ~~n~iy,~~elfI;ang.(b)e<!Sewen!S,Or license agreements will Oel'~oVided \'Y.~~nt()I1tQ.a~Wg,i~~ing d~~n~s~,;to aIlow eontinued operation of j f~ciIiti~s '\YitJiiqtiie i.ighto{way thatsupPQr.Hetenton Plant~Operati~ns ..'That is,'the' "parti~ijmt~n<1J;J:i~jf~.Br9:v~~Hc~>~lyd,~~tionwouldmot resultin additional'. cos!tQOf 9isl~~n of Renton P,l~t OperatiQns.' 4.1.6.2 Snohid there ~6wher builetkgs located in the rights of 'way,it shall be the respo~iBj,lity.B(@w.~rt~;~t~lJ.(;btjjneas the road'ueeds to be constructed,and upon Renton's requeSt,(a)demolish such buildings and (b)cap and ab9P<!8naIlY'\JDd~rgrolY1q'facili~es'that would intenere,vtithRenton'suse of ~e dedic3tedpropertyfor rigbt.?fWay·'Purposes.'. <....».4.i.6.3jP~4y;~nll,~.isco~qt~d,~,mn1etricallyvtithifi;the". c~nt'rigtitof'War:f'ffi~:~ioR8f ~~f\venu~@fjcipates use ofthe existing toad.~~e;a~di#~~~l~ig.yn~~f~llY.b,e.P~~sary)jp(;Qnn,~tParkAvenue to ·Bogan. OwtfefwilI~~Fte fPc n~~s~.Jj&t!t()(way;to~ign'P~k Avenue:to.provid: syiDill~tr!~'r!glit Q.f~~y ~(l'~"aDti-5;ipat~Jor'~xp~~ipnundef Exhibit 2.;/Renton'· Will vacate"any eXCess'nght ofway.creattxlt>ycsuch reWigIJJllen.t,·~no,expense tQ Owner.Should Owner have abuilding oc~llpying.iproperty that would need to be .dedicated to Renton for right of way,then Owner shall grant thetighf6fway,except for the portion occupied by the building.fu such case gwn~~will reserve the right of way for Renton,and provide the dedication at no'coSt,t&·Rentonwhen'the building is demolished. '" .•.....1'1.1.6.4 .iRentonshiillnotv~cate~yn~t '~f",aYde(Ji~ied'by B()eipg necess¥y to serve Redevelopme~t,until redevelopment is 'Cbmpi~t(tot upon.' the approval of Boeing and Owner.., [fBOEfNG 11-24-03.dOc]Il124Al3 Page 10 all or a portion of Boeing's transportation obligations associated with Redevelopment, except that such credit may not be applied to reduce Boeing's sh~e ofthe On-Site Intersection improvements addressed by SeCtion 4.7.1.--- 4.7 Water 4.7.1 Renton.shall,according to the principles setforthin section 4.1.5,install waterlines to support redevelopment in cOordination with the construction of Arterial Roads. 4.7.2 Water lines installed shall be consistent With the ''Option I"plan provided by Renton's Department of Planning,Building and PubIicW~~,described on Exhibits6A and oR,attached. -4.7.3 Owner and Renton will w0rlc togetlierto createa'Yat~rpl~to ,ellSw-epro~ion of adequate routine(non-emergencY)water andemergency-.water, ipcIuding £.ire flow protection,to the Renton Plailt Site,.for~nfuluedRe~~oIl~lant' Ope~OIlS -andior Redevelopment,including but not limited to an agreement that - water fa,r RentoJ;lPlantOperationswiUbe of adequate pressure,qlla1ltlty,qllality and _'-have required system redundancy.', 4.8 Stormwater Conveyance Rentonshall,aceording to the priri~iplesset fortliin sectlon4~1.5~iilstalla stoflllwa1er drainage and eollection>sysrem to Support Redeveldpinent;ih coordination with the construction of Arterial Roads.The system to be inst:ill~~~ferre4to as Option IB in Exhibit 7,which anticipates reuse of a portion ofthe Boeing stonnwater drainage andcollectionsystem.TllesegtJ1p1?-t lengths,type Qfi,mprQvement,needed , right ofway,length ofblteiaIS andeSHmaied costS ofthese segments is set forth in Exhibit 7A.Ifall or a portion of Boeing:§stonnw~rdrainageand collection System -is used,Boeing agrees to grant Renton an easement'for maintenance,repair and rep!~m,~p.t,~f that SY~p1JU1d titl~to thestemiwater drainage-and collection systepl being used by ,Renton. 4.9 Sanitary Sewer 4.9'.1 Renton shall,according tothe pJjnciples set f~~in Section 4.1.5,install sewer main lines to support redevelopment,in coordination with the construction ()f Arterial RQ~ds. [/BOEING 11-24'{)3.doc]11/24103 Page 13 4.2.2 Off-Site Intersections The c;ost ofOff-Sltellitersectionswill be paid jointly by the parties in'shares proportionate to the amount of predicted traffic usmg the development and the amount ofpredicted traffic that is general pass-through traffic.These traffic .predictions will be made by use of a mutually acceptable traffic forecasting model.Owner's contribution"Will~pJ;oP9rti()n~et()the percentage ofthetraffictripsllsing the deveiopment?and I\ent2n~s contribution will be proportionate to the percentage of the traffic trips that are general purpose pass.through trips .. Boeilig;~thafir~~lIOCateup to 1,500 <Jfth~:'baselinetrips" established by the 2002 Agreement for Redevelopment of District 1.It is understood th~t this Agr~m,ent is Qase~tUPOn.!ealloe<:ltion,oruptol;500trips ill order to mitigate ,ormiijiwirz tJIeI1eedl0.r as\4iQ<?,n~~p<>.rtation improvements.The~ethod,liming and4imxiRQti9I}.of ~yl,1mp..sh~1:>e ~J3oeiJlg'ssole discretioIr.T~;however;Boeing's rese~~tio90fatlor'~PortiQ~ofihe 1,500 trips ~ults in the needfoF transportatiOIl in:l.l'h)Y~Illep-tsJh.a~}\'oul<.lbay~~n otPeI"Wiseuttnecessary,Boeing WiUbear the cost ,'of those'improvements.' 4.3 Interchanges 1"'hel'arti~!~~.t9C9~~rateqp.l()l>byiqg and 'o9terefforts'to receive state and,federal :fupding of t-j1()Sint~change.improve~entsthatbenefit Redevelopment. . ---;1 -,..',".....-..-".,- 4.4 'L~I:R~iiftl '"'. --- -. Owner agrees to pay for all Local Rpa(jg t~Wred for I~.~~y~l()l?m~p.t. 4.5,Transportation Mitigation Fees "ie~!()I}>agt~,th~/Rent()~/tmnsportationmitigatiOilfees assessed as mitigau<>n .for Redevelopment will be used to fund off-site improvements,required to suppOrt Redevelopment,in proportionate share ofthe cost of such improvements. Notwithstanding the foregoing,transportation impact fees sliaiInot be devoted to On- Site Improvements or .for sitea£ce,~s improvements re,quir~by.~c;xIev~19pment,such as left tum lanes on'penphery streets.',",i,.,", 4.6 Strander Agreement Transportation Mitiga:fioD FeeCredJts' The parties acknowledge that,at Boeing's sole discretion,all or a portion of thereserve account established by the Strander Agreement may be utilized to pay for .[/BOEING 11-24-03.doc]11/24103 Page 12 5.2.3 Renton may issue such other or further debt.or other obligati()llS, including any tax increment obligations,which Renton is now or hereafter legally authorized to issue.. 5.2.4 To the extent that any alternative financing may be structured in a manner which will permit nati0Ilally 1'eC9gnized boqd.counsel to opinetllat the interest on any obligation isexcludable from gross inC9mp ofthp holder of anY opligationforf~enil incq:me tax purposes,th.pn Rentqn ~d O:w!!er()r Boeing Covenant ana agree to cooperate in gQpd ~to structur,ethe alternative 1inancing in such maIlller. 5.3 Repayment .> 5.3.1 In the event that Owner or Boeing exer~isesit:s right of alternative financing pursuant to Section 5.1,the parties shall cooperate in good faith tp ent.~r into~agreemen4pUISUWlttowhichtheparties;shall:identitY any-atidall fees,llS~r 9h3t~es,reven\les,taxesan~Lptherbenefits which are exPected to restilt difectiy or,iP~tly,e~ther fro1ll..,the public.infrastructure',so constructed or acquited _()r #QIl}.the~ctions contemplat~hereby,in @rder to determittetheaggregate .- bellefits tQRenton ,and.any other fimQs,tbatRenton mayobtaiil from other goveinnien.:taJ.authorities.- 5.3.2 The parties agree that they shall,to the maximum extent not prohibited by law,directly or in4if~tIy,aUocatetwo-thirds~2/3}ofsuchtaXes, revenues and other benefits identified in 5.3.1,over time,to pay amoullts due with respectt()J;ll,ter.t1ativefinancing,pr to;reimburSe Renton or related ghvernmelltal authority therefor.To the extentthat 'suchbenefits3re notpeq.Ditty<I by law to be directlyaIlocateG to pay debt:service or sitllilaro1)li~tions,th~'}lattiesp.~f(~to-agree ~t~ucllbenefits shall nonetheless-be'taken into~tmtdireCtly ori~cliredlyin . det~g the total amounts ofpublic resourcesiVhicli shaIl '-~allocateato repay such CQ~f$,:s()that the netbenefits reSultingfromthetrimsa,ctIons and pliblic' infrastfpcture are allocated or deemed allocated for stich piJr.Poses,in a:fair 3I!d equitable manner.It is further agreed that any costs of issuance of such public - financings,any capitalized interest thereon or any ~imil~fees ~d expenses shall,to the extentpermitted by law,beinc1u<led in the (l1D.oin11so 1imWcedaIld sh~l 00. similarly repaid.'-.."--. {/BOEING 11·24~3.doc]I IIl4103 PagelS 4.9.2.Sewer .main lines shall be ~ta1ledco~istent with the proposed 'planp:rovided by Renton's'DepartIpeIlt of Public Works,descrilJedon Exhibit.8, attached.',., 4.10 Franchise Utiliti~s Provision forFrimcmseUtiliiies mUSt be inade~.'in conjunction with ins!allation of the Arterial RoadS.FraficIllSe Utilities and Owller shall bear the cost of ~Y,Qut:-of­ pocket design cOsts;extra trenching,cOD,dult,sleeves{)~oth~r insiaIlationS to pfovide for FrancmseUtilities.'Owrienind Renton agree to reuse existing assets,if1)(}th parties agree that such reuse is feasible.' 5.Alternative Financing '.?, 5.1 Triggering 'Events .·.Should Renton beunable.to timely;fUndpublicfufrastructUH~improvementS or shoulg.OwQer or ~oeing (if6>wner is a nort..BOeingentlty)determinelhat it reffiur~ ~~ction of,all;or a portiomof public infulstrtic~for~edeveropm:ent ~~;a' "schY4tde mqre expedited than thisAgreerne~t p~o~d~,tlien;sUbj~ct ~~:!he~t~~i?,~ of Section $.lhereo~the parties hereto agree tllat;:owne:r or ~~~in.gIll.ay e~oose,at ", its sole discretion,to provide alternative financing for all or a portion ofp1.lbIic ' infrastructure by one of the following means: '-';. 5.2 Pote~tial Alternative 'FinaJ:icingMt:~hmls . i .5.2.1"dwner or ~peJng or &omeQtherpat1y'may build'allor a pbrtion oft4y;.~mal~oa~;~g,~th~{~tl1Ictyreimpf;ovements described in Section 4 of ~;.t\~rn~D,t~d,~~lt~'or~y;M~ion()fthepllblicinftaStrQcturet~'R.ento~0(",', otlier~})~~I,rg9verqD:lental~U:~9Ptypursuanttoaconditi()na1Sa1esC?fitract,leaSe' PUf~P.~ri o,r!~!metitpur~p~~.~g~!llent or 'similar method,the effect of:'\Vhich ," shalloe to caUse'~~lease .or p~hase paynlcnt obligation to'qualify as a promise to ' pay witWn the mea,jJing of ~~9P 103 ofthe Intemal'Rcvenue COde of 1986,38 '. amendeo:.',.0"•' ,....•......•••':"c>,?.2.~~en!on:o~~m~,Qth~tg;p~ernme~ta1 ~u$()ri1y"IIlaY'~l!e,; revenuebohdS"ifandf6the"exteIif tliat'the property to be financed is to l!Je'Ulcluded'in a utility,system or similar enterprise with respect to which revenues are expected to be available for tlie ultimate repayment of the capital cost of such property. [/BOEING 11-24-03.ooc]11/14103 Page 14 6.2.4 Changes to Applicable Land Use Policies and Regulations During any vested period,should'Renton amend its Land Use Policies and Regulations,Boeing may elect to have such 'Wlended Policies and Regulations apply to Redevelopment;provid~that tll.eDeveiopmentServices.Director must agree to such election,which agreement shalt not be urireasonably withheld. Notwithstanding the foregoing,Reg.t()n res~lVYS.tPC a,~thority under RCW .36.70B.170(4)to iniposenewor differeritregulatiol1s,t~the ~xt~l1txequired by the federal or state governments,or by a serioUs threat to public health and safety,such as changes or additions to the family of building and fire.codes,asdetennined by the Renton City Council,after notice and an opportunity to be heard has been provided to Owner. 7.~ddifi.6nalJ:)~velopment Agt:ee~~ntsMay Be Nec~?lry 'The'parlies agreeth~oilierdeveloPI.Jl~l1tagreements,in addition to and following thiSAgreement,tbay'be n~s,~to,guid~RedeveloPIll~tover time.That .IS,shoW~all ,or a portion of Distnct2 ~~lused,the ~iYS(,Ulticipatethat this,' Agreement'\'\76u1d"be'sUpplell1ented?y()ri~,orwore ad4itioqa!d~velopment agreemeri~,addresSitig lssu~su'ch as ,0Pelfspaee,andneV(internal public and private roadnetwoI,kand public facilities . .~,--.'.:' ,'. For example,the parties anticipate that construction of additional water, sanitary and stomnvat,er~tilityi~tructure,I!~s~ary for.tp~Redey~lopmentof District 2,beyoria t1lijaS~oCiated'wlihtl1e~rial R()ads dis,<;ussed in Section 4,and which have been conceptilaiIy reviewed by Re'nt:on,as shown in Exhibits 6,7 and 8, will becovet:¢by fu~4~\,"e!()pmentagreem~nts,and that the Cbstofsuch will generally be the.r~JX>nSlbility of Owner. In additi9P,th~.Bar.tiesap.ticipate that Distriet ;2 Redevelopment will include public and privai~oP<?p.,sp~ce,a.meni!iY:>.~Hchawenities~yincIudeone or more contiguous parceIS'iliat provide recreational amenities and public access ,to Lake W ashjn~on,cr~!e yi~w corridors toUke 'WashiDgton and Mowt Rainier,and s~lVe as foc31.P9ints ,f~r.RegeveIQpment.' ' 8.Mar~eti~g lpformatjon Boeing will generally share with Renton marketing infonnation for Renton Plant Redevelopment efforts so that Renton will be informed about the marketing [/BOEING 11-24-03.doc]1If24/03 Page 17 --'.;< 6.Vesting 6.1 Site-Wide Vesting to Comprehensive Plan,Zoning Use Tables,and Site Plan ProcessJor Term of Agreem~nt '-,,,--.-:.---' UPOilsigriiDg ofthis .A.gr.:eeIlleHt tlieReD,t~nPlant ~ite is ves.ted thronghthe term ofthis AgreeII1ent totheComprehensivePl3!i and Zoning Use'tables,-aJ;1dSite Plan Process in placeas of the'date of this Agreement. 6~2 AddiuonalVes6.ng to DevelQ'pment R~uIatiom~(fll,td Design GUidelines at Time of C~nceptuarPlali Approval 6.2.1;\Generally , Vesting to Development Regulations and Design Guidelines shall occur at the time of Conceptual Plan approval pursmmU?Sec~(m 3.2 oft.psA:greeW~.D.t.~uch vesting shall extend-'for three years ftdm,thedate ofConceptWll Plan:approval for SubdistrictslA and ,lB,and extendfor five Years !tom~eg~e ofG()llceptu~Plan Approval for District~eCd?Cep~'flan.Y~~gP~9o~r)·p.erelBPD1~Ilt'r.. ,R~gulationsand Desiglln~delinesm:aYbe t?xtendeQbfyon4theConceptu~PI~: Vesting PeriOd ifa niAteriillly cOmpl~te application'for'Fi~r pl~apPwv(l],PWSl~Jlt to RMC,fOf'all;0r a portion ofth~Cd~~~N~nan~~.~~¥~n,iif:t~!();J&~n~~pPriQr to the end ofthe CohceptualPlanVestihgPeriod,in Whi~h,~~~,llCh,v~tiJ;tgsh~~ extended as to duration and area ohly for the master pian area aceordillg'io the terms of the master plan approval.,;, ;.'~i'~--. 6.2.2V~tingtoDevelopJ!erifR{;guIations ~#4D~ign Guidelines for Subtli,stri~t lA CO!l,cep!~al,Pbin ~>.--.-,_c c__-,',~.,',.;' .The Subdistriit lACOIiceptual"RetairPlanaJ?Ptovea~~~aftf!o;Section3,.2()f this Agreement is hereby vested for three years as provided by &x;ti'on 6.2.1. 6.2.3 Additional'FiD1e'NeCessarYtoFi~aUze"~O~-~et~~ .,'!l)evcl9pment Regfilations'andDesignGilideUn~' Th~p~.i~~Ckp,()Wledg~fJ1!ltn611-retail.DeYelopm~ntRegulatibIlS"an?,~i~~" Guidelines will not be ill final fonn as ofthe date ofthis.A.:gr~eIilentI'R.entonsnalf ....•'., consult with Boeing as it finalizes such standards and guidelines and mak~best ~fforts to submit such non-retail Development R.egulations and Design GUidelines to city Council for adoption,no later than Aprill,2004,. ,"<--- " [/BOEING 11-24-Q3.docJ IIIl4lO3.) Page 16 CITY OF RENTON By:Jesse Tanner ItsMa or ATTEST: By:'Bonnie:i:.Watton, 'Its 'City Clerlc Ap,'~""I"'Y",.LJ",~",-",.",t!:O'Jf~O"',"""'.,,,'__'.,'.'.~~ 'City'AttOrney , , By:COleIle Temmlnk ::fi,-;;;;;i.~h\ Its:Aulhodzed SIgnatory h'~~~t~icePresident . STATEOFWAS~GTQN)lfm'=o~1 ' , COUNTY OF J;.;../\,.'",,~Ss.\tll~~~J ....~.r ,'(~~.~ On this »day of.N()/totb~,~..:2003,beforeme,the undersign~ a ~~~J:lu~ijS .,w.atJ,4ro~1:h~Sta-1;~"fW:~9jm~t9n,4lJ;lYVQ~~ion~'and sworn,pen;09-atIyappeflre<i',',",,",-"'.,_---to me knOWflto't>e the 'perWn Who Signed as ,,of-the ~~JJ1ecorporation that executed the '.foregoingfMlhM(~Jm'ifaWtOOrledged said instrument to be the:free and v0luntary act and deed of said corpOration for the uses 'and purposes therein mentioned,and on oath stated that'.J31u-twas duly elected,qualified and aCting as said'offiCer of the corporation,that 6h.t.1 was authorized to execute said instrument and'that the seal affixed,if any,is the corporate seal of said corporation. {JBOEING 11-24-03.doc]J 1/24/03 Page 19 process,and additionally,so 1:hat Renton can adequately respond to inquiries by prospective purchasers. 9.Potential Ren~g~tiatipn Based upo,n changed or unforeseen circumstances,RentqnorBoeigg may request rertegotiatioll df one or more of the PfoVlsl0ns'ce:jf this 'Agreement,,which request shall not be ~onably denie<i.';':,' 10.Termiii~ti~norMcn'ltorlum Renton agreestfl~ttteMoratoriu~,~~alltefinjna~eotexpire on December 2, 2003 or on the date that the Proposal takeseff~.,¥hichyver occurs first 11.2002 Agreement This Agreement shall not be deemed to amend or superdede the 2002 Agreement,which remains in full force and effect. 12.Recording This Agreement,upon ex~ution:ijy the parties ~d appr9X~oftpe Agr~ment by resolution of the City Council;s~~~:.~r~rdtdWth the Real Property Records Division of the King County.RecP~.'ilhdElectidns Department. 13.Successors and Assigns",. ,.~:',c.-..,-" ·This·WgteemeIit-shalI omd and inur(ft()the~ti~fifofoWl1er ~dReDtrin,?nd their successors in interest,and may be aSsigned tQ suCcessors ill·iriterest to 'all or a portion of theRent()p.Plant:Si~e.;'.~.". ;»/ 14.~o~.!lJerp;trts .~1\.g;.et1W~IltI~~YP:e.e~eeu~PiI1¢oqn!erparts,eachofwbicll·..~p.alI;be d~moo an 9~$in~.... 15.Termination This Agreement shall terminate on December 31,2020. AGREED this I sf day of [1r.VYtt!Jw ,2003. [/BOEING 11-Z4-{)J.doc]Ilf14IOJ ,:.~.';",-;;!;- Pagel8 STATE OF WASillNGTON) CO~OF~~SS.. On this .21/l=day of~m.hu...-,2003,~roreIn~,.~~undersigned, a Notary Public in and for the state of'ashin~on,duly commissiGned and 'sworn, personally appeared L.tl\.to me known to be the Person wno signed as ,ofTIIE BOEINGeoMPANY,the C()I})OrattoD'that executed the WI ·'·'·~and.''oregoing instrument,and acknowledged said inStrument to be the free and voluntary act and deed of said corporation for the uses and purposes therein mentioned,and on oath stated that 6ht<was duly elected,qualified and acting as said officer of the corporation,that ~was authorized to e~ecute said instrumentand that the seal affixed,if any,is the corporate seal of said corporation. IN WITNESS WHEREOF I have hereunto set my hand and official seal the day and year first above written. (Signature of Notary). PkmGih d.S Jft££1t_- (print or stamp name of Notary) NOTARY PUBLIC in andfvr the State of Washington,residing at ~~.lit\. My appointment expires:~/q."D~J • [/BoEING Dev Agreement 11-24-{)3.doc]11/24.1)3 Page2! IN WITNESS WHEREOF I have hereunto set my hand and official seal the day and year first above written. {/BOEING Dev Agreement 11-24-03.doc] (~~~;t; ~bL L6(()1\1)~..~~tN'D (Print or stamp name of Notary) NOTARY PUBLIC-in and for the ~pte of Washington,residing at ~*le My appointment expires:q Iq/b\ 11124/03 Page 20 EXHIBIT 1 LEGAL DEsCRIPTION Tracts A,B,C,D,E,F,G and H located in Sections 5,6,7 and 8,aU in Township 23 North,Range 5 East,W.M.,described as follows: TRACT A (Tax Parcel Nos.082305-9019,082305-9209'&722300-0105 -portion) Parcel,S A ~(l Bof City of R~ntonof ReIlton Sport Plat No:093-89,according to the ~POI1 plat :re<;0fde<tll1lQyrl,(ing C<;)unty,,Recording Nt;>.8911149006~records ofKing Collnty,Washingt9n;TOGETHER wrrntha~portion9f the northwest 'quarter of the southwest quarte£of said Section 8,!ying southerly and easterly of Parcel Bof said short plat and westerly and northerly of P¥k Ave-N,and N;6dl St.,respectively.' TRA~B (fax Parcel No.75646()..()()55) Lots 1 tlm:>Ugh 13,inclusive,Block 11 of Renton Farm flat,accon:ling to the plat thereof ,,feCo.rd ed i,n Volume l~()f Plilts:p'~e 97"ff?-COrdsoJ ~g County,Washington; !OOlplIER WJ;IV.w>ts.J tbrollgp .12,~,llclllsi:ve,.()f~artorisville,according·totheplat ti1~~f :r-f'Cprded.in VoIllJIle 8 ofPla~,P<tge.7,recprd,s QfKing CQuoty,Washin:gton; EXCE,PT .th,at l?9rt1on,t;qo\vg as.Lot 3ot'City of RentonShort Plat No.282-19,according to the'sh.Qrt plat"recordetl under King County Recording No.7907109002,records of King County,Washington;~d EXCEPT roads. TRACT C (Taxpan;elN:os.722360-0115 &72?300-'0l05 -portion) ,, Blocks 3 and 4 ofRentpn Palm Acreage,a(;(;orqingto the plat thereof l"~Qt:de-din Volume 12 o{f1atS,p.age}.7,.ryCpf~ofICmg<;ount~"Washington;'TQGPTHEKWITH those portions,oftlJe ~Ue'yvaca,ted under City gf Re-nton 'Vacation Ordinance.Nos.3319 and 4048 and tpe~treetyaeatoounderCltyQ(Renton On;linanceNos.3,319 al!d-3327 as would attach byo~on of law;and TOGl3TH:E:R WItH that portion of the:northwest quarter of the southwest quarter of said Section,8 'lying southerly of the southerly right of way margin ofN.81fa St,easterly of the easteJJ!y right of way margin of Park Ave N.and north of the south315 feet thereof..--;:'-~ TRACT D (Tax Parcel Nos.08+305:-9420,08230?..9221,P82~Q5-92f2,&08.ZJ05:o~n D Lots ..1,1,3 and 4 ofC'ity,ofRellto.n Short PI<it·No.LUA:Ql'{)56-$HP~,.a~cordingto.the shortpla(recordoo ~derKing County Reco;ding No.200.1 1205900004,rec<>,rds ofIGng County,Washington.'--',,- TRACT E (Tax Parcel Nos.082305-9037,082305-9152,082305-9079,082305-9204) "Those portions of said Government Lots I and 2 of Section 7,lying within the abandoned Burlington Northern Railroad right of way (formerly NorthemPaCific,Dike Washll1gton Belt Line)and northerly of the northerly right of way margin ofN.6th St.;TOGETHER WITHsaidrtorthwestquarter of the southV{cst quarter of Sec~on"8,lyingnorth~rIy()f the northerly right of way margin of N.6 th Stand westerly ofthe westeily dght of way". margin of Park Ave N.;EXCEPT City of Renton Short Plat No.89-Q93,as recorded under King·ColintyRecordingNo.8911149006;arid EXCEPT that portion of said northwest quarter of the southwest quarter lying southerly <illd easterly of said short plat; andTOGETHER WII'H thoseportionsofsaidGovemmiq~L<>ts I ,2aJld 3.aJld tIle southeast quarter ofthenoithwestquarter ofSectionS,lyiqgwesterly ari,d northweSterly, respectively,of the westerly nghtdf waymafgiQ ofPaIk Ave N.and th~northwesterly .rightofway margin ofthe~~rtbRentoDIntetehange (SR ~?5)''Yesterl~pf aliJle that intersects witlLsaidnorthweSterIy right of way margin of ~e North Renton Iilteh~hange, said line being described as beginning at Station 6+50 on the A-Line of the North Renton Interchange,SR 405,as shown on Sheet 2 of50fPSH t(SR 405jNorth Rerlt6n Interchange,Washington State Department of Transportation Right oJ Way Plan,aqd ending northwesterly,perpendic~larto~aidSta~on/at a P9jnt 0n'the southiasterlYlllargin of the 1OO·footmaiti track ofBurlingtol1North~m RaiJroad,easterlyang ~outlieast~i:Iyof ",tbenortbwesterly rightofwayliiie ofthe.ab~donedBuilingtonN<?~fllRailfoadrjght of way.(foffilerly NorthernP~cific,~eWas~gton BelfLirteJ;EXc:B:¥r.ftqnl":;ai<f abandoned railroad right 6fwaythat portion lying'northwesterly ofa iIDe describe<i as follows:."... Beginning at a point 50 feet southeasterly,measured radially and at right angles to the ceoterliIie of the Burlington Northern main track as now constructed,from Survey Station 1068+00,said point being on the so~~~terlyrigbtofwa!'lIlargiIlofthe ~OOIO{)t ,wide rignt of "Ga.y ; 'fheIiCenorthwest~dyaIong saIdradiaIlintia disr.tnce.of25 f~t;Thence .. southweslerlyih asttaight line foa poirit25feetnorthwesterly,m~as!Jred .;'fr?m't1i~,south~tedyri~tof 'r~x1i~y ~t'~ta.~~ni07 4+{)();'Iii~~ce .'; contihumgsouthwesferlyat;an ang!etothe right,toa pointoilthe 'n~rtbwester1ylIiar~oftfie lOOfootBllrlingi?q~o~e~R~I!()adrig~t of way;saidpdint aIsobeing"bn the southeaSterly linec>Hh~'§PUf Tract at Headblock Station 8+85.5 and the end of said described line:ahd EXCEPT that PoIt10D of s~d'GovernmeIitLOt2descri6ect as folIo\vs: Beginning at an intersestio~.o(the southeaste£!y~ght()f~aYIlJ.ar-~n?fsai<iBurlington NOrfuemRailroad andtIienOIt9\V~terlY~<ligin>ofva(;atbd~ll~t(J:>ar~AveNc),Per vacation Oid.2513~Thence southwester(yatong sai~:lsouth6asterIYlpargiilpt'$e railroad right of way,a distance of 60 feet;Thence southeasterly,at right angles to said railroad right of way,a distance of 10 feet,more or less,to a point on the northwesterly right of way margin of said vacated Mill St (park Ave N.);Thence northeasterly along said Mill St.to the point of beginning:TOGETHER WITH portion of Vacated Lake Washington Boulevard adjoining. ~ -'..:.....- TRACf F (Tax Parcel Nos.072305-9046 &072305-900 1-portion) That portion of the SE Y-t,of the SE ~of said Section 7,lying southerly of N.6th St., weste,r!y of Logan Ave N.,easterly of the Cedar River Waterway (Commercial Waterway 'No.2),anp.n,ortherly oftbatcertain tract of land conveyed to the Renton School District by Deed recorded under King County Recording No.5701684. TRACfG'(Tax Parcel'No.072305-9001 &082305-9187) That portion/of said NE '4 anclSE %of Section 7,NW %of Section 8,SW %of Section 5,and the S1$%of Section 6,lyiIignorth ofN.rJh Street,easterly of the Cedar River " Waterway(Commercial Waterway :t{o.2),westerly and northwesterly of the westerly right of way line of the abandoned Burlington Northern Railroad (formerly NOrthefli Pacific,Lake;Washington Belt Line)and;northwesterly of the northwesterly line of We railroad spt;Ir,track beginning at Headblock Station 8+85.5,westerly of Lots "A"an~'<'Bi' of City of Renton Lot Line Adjustment No.LUA-98-I 76-LLA as recorded under E.fug COt¥1ty ReCoirling No.9902019014,and southerly of the Lake Washington Inner Harbor Line;EXCEI1 Logan Ave N,'. TRACT H (Tax Parcel No.072305-9100) Th~t pomon,of the Burlington Northern Inc.(formerly Northern Pacific Railway Co.) lOQ foot railway right of way in said SE %ofSection 7 and SW %of Section 8,lying north of the {lortfIerly right of way margin of N.4th Street and southerly of the southerly right ofway:ooargm ofN.6th Street.' All ~ituate in th~City of Renton,King County,Washington. i i I i I I i i \ 1 I ,jr7,-'-------l c Q) L-o·o "0" N 8th St. "A" o 600 1200 ~ 1 :7200 "E" 'c'o o'..-1 :z: [0 "F"I "B" N St. lfGIt N 6th St. ------------ .-_.-------_______._._•••~.o .--_..--_.. e~'SY Economic Development"Neighborhoods &Strategic Planning :.m +Alex Pietsch.Adminis1rator ,~G_Del Rosario ~N'f9 S D<:c<mbe<200J -------~-_..------- • _••~-_•••~_•.,.,<.,._...,- ------------------ __~.0 -_••__•----- ------_.._------- ._.-.-_.---,.--_.----- , !, ! ! i,. j I ! i ! ~ ! .---------- I I.I I !. I I I PLAN VIEW SCAt£1·.400·...0· ,,'. , f .j "N, \'. i / 11I"4U~~£'lH" t:If ,JftrIrt,mt.Nt.«rJ "ftm..Wr~HTJ' ~~'ul2!»~ EXHIBIT 2 ./ ROWff1.r SECilOl't W..Ail,Or; I PP.O?OSED ltO.w. ROAD"li'AY CONS1'IWCOOH.TO StlPPORT stIOO!StR7CT lA Jl,OMJ'ftAY COHSTr.UC'OON TO SUPPORT SVllOfS'TRiCt 1e ROJlN(A't COHStF.IX11O~10 S\lPPORT~=2 ROMJftAY S£C!,ID(T N 1:::::::::::::::1... W//Z(//A o t-<b ['-"'1 ,_.------.r' ~'C---"-''-L.-;) 1 ~1 i i L ~"i! '..._.__~..wI L._' 1.MrA IS J.YA.WlC f"OU..Ow.lf,;fI:£AJ.JCHMtNT or PAAK AVO<\JE,MfA SlIOWII IS ~ClVO£ll ~MIL I-fdA CALCV\.A1IOl-(FOR AA£&,A I LOT 3 NORTH. PROPOSED ARTERIAL RIGHTS OF WAY TO SUPPORT DISTRICT 2 (FULL BUILDOUT) ,~:,",.~,~.:d;.~;1!·;i'!:~:·.'. ~~~t:':::H~Jfr'tiirl ·:;r,{~~;';::dl~l ;~~'!~~Jili ~~lt?-~:~:~i':?; ;.;.~.:l.>?",.-;f.~.~;o!~-:. f:.'.~.~,.!,~r;~~i~~i~ ;.',"-r.'.~:Srtf.~f TYP1C~L SECTION 1:PARK AVENUE NORTH EXHI~IT 2Al FROM ·PROP.Q,SiDii,LQ.Q,AN',;.AMENUE"T&:;',N'OFtiH,8TH STREET 4 LANES OF TRAFFIC WnrHAMEDIAN/TURNING LANE ,"...'.c,,'·.",":""~..';.._,"'~,.;. I .0'[)(1fT1HO RO",OW",Y I }, W~HO ROAOW",Y,TOet'fttiJ!tO @ -~:=====J-=r-~=== _,,12'..••',12'",12' 'Tl\Ame I 12',M£l)IAN/'"Tl\Atf'lO I TIlAm LAN~TURNINO L~Nt 'LANt !,.ANE I -,,-,,-,,.JO!~.:',/,"RIOHT or'W~YW"D'"','''''"...,,~.I a 8'16'32', f ,5~1 j I SCALE:1"'.16' FtJ~l'B'tJltmoOT • J::iOIe SECTIONS ARE,DRAVIN IN ACCORDANCE 'WITH THE KING COUNTY ROAD STANDARDS AND THE CITY OF RENTON STREET $TANDARDS. A.LL 8rqADWA¥"S,iCTIGNS"iARE:Il5.L4JSrRATIr;s: ,.."Consulting Engineers 101 Stewart $treet.SUite'800 .Se~ttle.WashIngton 98101 (206)382-0600 Fax (2016)$82-0500 10 NQVEMBER 2003, A TyprCAL SECTlON,:2':PI\RK ',AVENUE SOUTH FROM NORTH 8TH STREET TO ..,~()RTH,,6TH STREET 4 LANES OF;f(TRAFPIC"WITA>AMEDI:AN!1TtlRNING LANE EXHIBIT 2B i" 79'tXl~l1NO PARK 1 AVl:NUE RIOIIT OF WAv I ___________-&9'£X1S11NO PARK~_,....---------., 1-,AvtNUE ROAOWAY-i , 22.&'C<lSTlNO ROAOWAY TO U RtIIstO 'F.lJlL :SUI LD·O;W:r 12'I i~L-,~,_,er 1<,"I VNt ~t &'~"l'1 'Il\ttS''M'M OIlATES &' I _,,_...SlOEWAl,K'~~'RIOllt,or WAY \\lOTI 1 UllU'litS I o ~16'3Z eo ---'ISCALE:1"-16' 101 Stewart Street,SuIte 800 Seattle,WashIngton 98101 (206)382-0600 Fax (206)382-0500 10 NOVEMBER 2003 J:1QlE! SeCTIONS ARe ORA \o'VN IN ACCORDANCE WITH THE: KING COUNTY ROAD STANDARDS AND THe CITY OF RCNTON STReET STANpARD$.. ALiL,i·RO,.4;QWAY:$EOTIO!:JaAASdUUs7"RAmrVS '. k ,ff:'Consulting engineers ;'v".r,..·· \, TYf-'IC:A:C'SECTlON\""4:LOGAN AVENUE N'ORTH 8 LANES"OFTRAFFI9.W1Tt\t AMED1.~N/T<URN1:NG LANE 5'BICYCLE LANES ,ON"'EJ:CH SIDE O'F~OADWA Y I EXHIBIT 2C ,SIDEWALK ,,"I',,'If" le---'--T!lArno--l--T!lArne--l-T!lArn -!.AN,t !.ANE !.ANE 55' TREES Wi~CRATtS'S' SIOEWALK; vnunts &'L ,,'I ,,',I 11'I \I \I eleYtLt:TRArne--l-TRAmo--l--TRArne I LANE !.ANt !.ANt !.ANE ,5.$'T!lUll 5'1'Il~011"1£$ "Otw"I.K, I U1'1U1'1ES '33', RIOHT Of"W"V \I1DTl-t ' 'I ,M8AIlO"""M "''''''.:',Iffll@';mre~-rrn,W"80 ~I,,I ",,,',','I I i ,F·ULL'I:bJ;llllmOUT"':',.;"'-,,,,,..,.c" Q 8'16'32'e ,tEl I SCALE:1"-16' J::JQIf! SEOTIONS ARE DRAWN IN ACOORDANCE WITH rHE KING COUNTY ROAD STANoARDS AND THE'CITY OF RENTON STAID STANDARDS. ALL AOAOWA Y SECTIONS ARE ILLUSTRATIVE. ,.."ConsuItIn¢EnQInsers 101 Stewart Street.SuIts 800 Seattle,WashInQton 98101 (20S)382~OSOO Fax (206)382-0500 10 NOVEMBER 2003 '"".' ~-....,.,,-~_.__._-,~------_.._~._~-_.._'".__._-_.._.~_. TYPIC"ALS)EO=F'1;0N"'6:"NOPlTHSTfI.~S'TAEET.' 4 LANES OF TRAFFIC WITH A MSOIAN/TtJRN'lNG LANE EXHIBIT 20 IDEWALI< Ito--:(--"I"-,~<~,-o!1"'--''tl\t1I~e I 'tl\l~e-l-Mcit~/.l-mlrFle I 'tl\lh-.'I~..........,. 5.a;LANE LANE tV!'tNINO LANE lANE LANE;;·.s.s'1·'.I I s'·Tf\££S·'MtH C1\ATtS TRtU Y.1lH CIV.1tS·.st 'SlDEWAU<;,"-.;StotviALK' ',Y1'lUTll:S,'·'..ul1un£s , I,•,79'!'tlOHT or WAY \\11:>'"1.;"I 1:1QIE! SECTIONS ARE DRAWN IN ACCORDANCE WITH THE KING COUNTY ROAD STANDARDS AND THE CITY OF RENTON STREET STANDARDS. ALe.RO:4!J)WAY;is~crl.bNs';A~£'''I..L!J$:-rnA'''IVE'.. k'f.J;,. o S'16'"32'eM I ,,-t,I SCALE:1".16' 'FULL·7'.~\0~jutlou,r ConsultIng EngIneers 101 Stewart Street.Suite 800 Seattle.Washington 98101 (206)382-0600 Fax (206i 382-0500 10 NOVEMBER 2003 I ~~:~'""',,<,::~;;~-----~-,~-~--,..,.--..._--~................__..._...._.....;..~---!-- TYPICAi.:.seeTION ,8:NOR:fR>tOTH STREET' ,.-",-,.,.,.', 4 LANES OF TRAFFIC WITH"A MiDlrANili~lJaNING LANE .EXH;Bll2E :.\ ..... ..:~:;. "( i .."...o~~uJtlnQ EnQlneers tOt Stewart Streett Suite 800 Seattle.WsShlnoton 98101 (206)382-0600 i=a,X (206)382-0500 10 NOVEM8ER 2003 _:i r...+"til:~'.,"Wi', il'"'"!!' iniF..r'101~~;I;f~J;·i~1J:\~I.I~!;"·i~lt~i.\';..~~~"~~,,,.!:·:~~,!,~~~:~;g;/'I.t( S1btYlALK;'i 08'16'32'.'r '.'I SCALE:1"..16' .~ SECTIONS'ARE DRAWN IN ACCORDANCE WITH THE KING COUNTY ROAD STANDARDS AND THE CITY OF RENTON STREET STANDARDS. ALL ROADWAY SECTIONS ARE .ILLI.)$TRATlYC. '! E)<:hibit 3 .:----- - - ---:- - - ----:---~- ---- --7/;/ ;--._.-- - --;,...---._,_._.......:.--'-=","._:..-"":-, ------- - -._---------~~ Urban Center North District Sub-areas Districts Subject to Conceptual Plan Approval Note:Disbict boundaries include dedicated R-D-We't'Ecoaouuc Dcvdopm<nt.NcighbocbOO<.!s ."d SlraJcgic PI.ming +tin +AIc><Pic<scb,AclmWstnto<~,G.DclIU=io !!'N 13 Noved>cr21lO3 .•. 1.AAtA IS AV,l.'VSLt rOUO'Ht1G fI~mtOO Of P,lIU( AVEh'V(,AArJ..SHOW»IS ~CUJoto IN TOTAl A,q[A, CJl.ClUnON 'OR !I'D.A I LOT J 1I0Rlli. [ PaoPOsm RO.W. o RfJ'i)W'Y SECIIDIT ill ml-srrr INTCPS£CTlOH o o· ~IID ( ~--./lIil' PLAN VIEW SCAU:1·.400'-0· \. ON-SITE INTERSECTIONS EXHIBIT 1: •.-"~J""";-.".•':'-"..",,,.~.,.-, .EXHIBIT"5 " BOEING'S . CO'f';jC-EPTUAL U'RBANRETAIL PLAN ,'. .·Renton/Washington Submitted to the City of Renton November 17,2003 CONCEPTUAL URBAN RETAIL PLAN Lot 3 and 10-50 Sites Renton,Washington Background ., The BOeing Company has been ~9rl;dng ytith theqty of Renton fot more than a year in evall.!i'tingpotential redevelopment S\1<ltegies associated Y11th its 1'.37.fac!!ity in Renton;~~~i?9t?ii.J1lis·§n<;eptu~!P1a~l/Iusttat~thE!;~ng9J~p~y's~on for the redevelopment:of theftrst piece of toe Renton Plant~o be made 'available for non-Industrial uses.Th~RJari.lndu~es that portion 9fthe,property commonly referred to as the Lot 3 and 10"-50 sites,which have been determined to be non- ,essential to the ongoing ?llrplane manufacturing activities as Boeing completes it's "'Move-to-the-lake"ctlnsolidation plan. The Plan covers approxlmate,ly 53 to 55 acres of gross land,of which approximately 8 acres are reserved for the development of four new arterial streets that are essential to the ultimate redevelopment of the entire 28.0:.acre campus.The . .remaining 45 to 47 acres 'of land will be marketed ~o entities interested in developing an Integrated retail ~ter on the site,consistent with this Conceptual Plan. Induded within this submittal are a narrative description of Boeing's proposal,a Conceptual Planning Diagram with supporting pedestrian street sections,and an economic benefit anaJysJs demonstrating a range of potential one-time and reaJrring revenues generated by the proposed development.Boeing seeks the City's approval of this Conceptual"Plan so that Boeing can complete the necessary lot line adjustments'and begin actively marketing the.property to local,regional and natiOnal developers and lJSers. The aerial on the follOWing page highlights the location of the proposed retail site in relation to Boeing's remaining land holdings'and the surrounding North Rentonneighborhood.i i·····•.,..',....., .' ., "." Conceptual Urban RetailPlah 1h~>~qrth\Y$tgg~~~~f Ofth¢:i;~ftyis iP.~6~fiedaS on~~tential locatiorl f~r a mid7:to,h .',s~:deyer......t"wlliCilcpui.take:thef0':J'J1.of amulti-Ievel pod~ul"ll"ip~,ikl,rig i .'f~;wltW::li1>·~rijiIY'~r~s't~~•...~ht·Offl.~~,~sabOve.'ThiS ultim~it:l./ a~~elop''-..could Initii~t~{tM'trul·rU~Jlvlsion forJI;i~()rea and,tpgetber Witll'~l..~~estria'n~le treatn1lif:l~afthe comer of Park andi.og~m,woul<!J<JeritifY thlsa~; >~e "'gat~wa·'":.Jo th~~rtJan~fenter!:l,,~':->'"','}~ft'""''''.~'j-. ~;,-,/,-~'.";-,~f-_T_-, ..>re.tail,Sb~P's'and pm~~I~'~oukt ~'~i'lcen.trated:~fuariiy along":¥y~J'6e:'~!~\~'d~yilopment:~"im~'lntr""';:'M~,,:~fffi:iin.~~~sqlt~·· of9s,.iteCtM[<1I;~eS aii~..,9.~~~Il9~I~;:';n:~.Jj~~~~·"f"..'fjry retail useS may~..~~~wltl1'.B.9~:hto threel~y'i .f apa~!pe~~fi ""al 0l.~.'~'~I ~11.Ov3:99king.~a~~~~nueand,~ne·.a~i~i~..a!~:g~esu;t ....;.;:,::~••. T pi}~ffi'~t the ;Ia~gl~'~nd~dl~,m-tqrft!at~s~r.i"tO~I~PP~9,~'rri~ieiY.~~g~p6df~~uar~ rg¢fof spac.~;the smaller~op"'space tOtals apjJroxin1~~~1y If'O,600's.Quare,feet,or 20%of thereenter."'Xi:".'"->.,A -_cj>"~;";.: ~peing ~neves that high~9uality retail dev~iopmentis eSsehtiJ'to.the sUccessful 'f trao?itiO)l,of thea;r~a frol"l)i~industrial roots tO~l1eCi!yJs.visi.O,ri·fcir~~Urbal) Cent~r-N0rth.A well-designed retail center will jJr<jYld~einp)oym~nt;~(fjver:sify the ed>nomi~"base,offer a new source of municipal,reve'iu~,andwill~tP:actother \~ltemcit!v~;An~~pOtentially.higher and ~er usesto~e.'surrOun~i11g:are'a..' ;;j1j;.co~~~~tua)Plan.,~orth~l~~andlQrSO sit;sr,)~i~pn tJ5f;lqll()Wj~,p'agel' 11.J~.~.~.the cohe,slver~~vel()pment()f the'par,etr)~ll)~(),.an ,ur]amtIeta'Lce.nt~,",,]'hePf~f{;96ntainsa'm~.4f'laige f9ffi)~t ~(lestinati~n7FetanerS/mid~Sl~edJ fetaii;~Qa1orsl ....~s>Xi~h'as smani~~8P spacecg~s~~trated aI9~~(~rk Aven4i,;~tlViSion~;:~S!we'~i~JJlfica,nt ped~,r!.?n,~()liente9.s~~t in thearea;'fhe Plan+~~ndSto ;~~e~esence gft.he ~?i,~tin~~;~;~yildin!J~~;~~f;~r~rtytot~~/;ast()f~.a'rt;lE79,a.v~pe,~~9 '.. antJ~p.~t '.t:l;lltim~.e.yelppm'entof,the notth~rnPQrtjbn6fthat sitewill.,tel(lte·.,direCt:;y:to,d~veropffi nto£cuningqnBoelng'spropert'¥."...........,~": -::of..'-~'.-;'IS ,:"":'--"--',',~;-.--,,;,:;->,~;"/:::;- . ----,i -. .THe ~itel~~Und:bya_c9~,~ination o(~*~P9 andn~~_~ubli~ro<idWll¥s,which ..... segregate t:ll'e pro~rtY i~fctfour.quad~n~.rangingbetween 6 arid 1.9 acres In size."'· Boeingrss~kin9 b~~tS.~?{t1le 45:'ti;>·~7"a.cre proP7rt¥to unde~ke,()Co,hesiV~ red~v~Joprnent.~n~@I'!*IJJiEnaFQe.~atretaJi ,d~t:llopm,ef)t (uSe~·with·.<'r-,'. •.footprintS of 50 Ip6'o ,~uare;ffet:a'n(FI(l~raM'~IJUdingfeafureheights,up'to 45 feet .tall)i~7planned~9~f7 afong',~~ii:~an and;'~~en Avenues,fating in~ar(j.and slJ~P9.~~by wt:ln"#~atlized,~.~~areas.\~.lto the site.These d~nationretail'u~wiUnatOfal .l6Cateth~~es 9the widest portions of the,propertyl with goOd~W9Y V·,;·in'Uffitlik~.ther~iittY<;qmpleted Fry's dev¢iop01ent ontheeasi:Effilside"of Gavenue.'"....,'.",/...< ~-;'.~.';'---"- :;i::,:~-:i~£,/?;:-.~'"M&JiU';'fo~t retaiiers tl¥inging betw~1.0,OOO -afid§p;ooO sq~[el~t in are~~L ····y,lth bUildIO§:featU,re h~g~~!:,p to,40~ffaJl)area~~mea inml ~~n the I~r~~ format fermlJF'.with'pf;jm-·!Y.~Pectesbi~il~trances raong inward oraireaed towaF$J' P~rk AveQli~i"~gainj~is a.Sf>ti'ili~;~OI;>e c;oncentrateq within eacll segmef1tof .the site,to'alJov{fOl:.,'.ah~~con~.rgeneration"redevelopment at hIgher ., densitiesiifatJ1i~~~~Jtt''.t'tA);.".'....>.'f:';:", ;""';":". CONCEPTUAL URBAN RETAIL ,PLAN -CONCEPTUAL PlANNiNG DJAGRAM ,. FUUER ..SEARS ARCHITECTS Hierarchy of Streets Key to the successful development of the property isthe reconfiguration and improvement of Park Avenue to serve as a critical pedestrian;-orit::l'1te9 ~treet in the project.To accommodate full redevelopment of the Renton Plan!pro~ies,the ultimate build out of Park Avenue will need to allow for four travel lanes and a center tum lane,designed for vehicular travel up to 35 miles per hour.,To support the vision for the development of an urban retail center in this location,a generous sidewalk with street treeS and on-street parking for Park Avenue is being proposed to enhance the environment in the public realm find encourage people to make Park Avenue a pedestrian street.An illustrative street section foF Park Avenue can be found on the follOWing page.,"".'".'.,.- The other major north~sot.lth Corl'h;ecqon is,LogallAvenue,which extengs frorp 6 th Avenue to the south and jOin~P(lrk'P:'venue In the north.The constructiOnotLogan, providing direct;access tOI-~,~~};~l,rbegD i"2Rg,~~f)jtaltemative.through connection to ensure Park Avenue functlon~~~~,p;aest9;;t~t~~~~rd~hoPPlOgstreet.At the outset of rede'{elopmentint~eareaiLO{J~l'li$~lwtSi6?'~,()sathree-lane street,with one travel lane in each direction and a center-rum lane.,Ultimately,Logan will exp(}ndand function even mOf(;!5p as a higher:Speed ~lferi~I •.' The east~~~.~~erialr~di~~~;j.~~~a~~8~4~enues,~~;I~.eHticalt~the successfuldeveroprrn;mt Qf,the:t)~n0r:etailctmt~,other than serving as access .points to the centeroiTof.parkAven~e;"corinectioOs:irom10th and stil to Logan Avenue,ifconstructed"would befavo'!'fbl,ej',~Ut th\~~nter would functlqn as well with access only c:>ff of Park,the eXistingjl~tOf;c8th and Garden ~venues. Urban c;:enter~NortbYlSioh and POlicles This pr~~i~ncep~IHtB~n.~;tail:Pi~~me;ts~~~¥,B~i~Si~~t~,9QandpoliOt/;,~~~'tt~J)t;S,forJ:ti~j.~~I'}J*~f1~t::lr+N()rytl",wh!9!!;'~II·f,9r",ret<:l~I',inJ=~~t~·.,·into :;~:;:fn~7I:~'7::j:t~~':~me 9fficeap~r~Jff¢I1P<:l1 compol1e f'its that ultimat~y wilicontribtitetotneUrban 'i' Character of the diStrict."The City's vision plans for the transition of the area over a 30-year hoiizon and antidpat~lthat redevelOpmentwl,p n~-to address'the , potential for future infill to allo\¥areas to furth~"QJYY""tou~fl;,d~nsities.This site is located within District 1,where the Oty identlfies,its·flrst ot>jeqive as follows: "'Create a major commerdal/retail district developed witt-~es that a9d siQ.Qifi9intly to Renton's retail tax base,prOVide additional employment opportunities within the City,attract businesses that serve a broad market area and act as a gathering place within the community." Boeing's Conceptual Urban Retail Plan seeks to both allow for the near-tenn redevelopment of Boeing's underutilized assets while advocating for a mix ofuses that improves the Oty's tax and employment base.As is illustrated within the attached economic benefit analysis,more than 1,300 jobs would be created in the City of Renton by a redevelopment of this scale.The City would collect more than $1.2 million in one-time revenues durihg developmentand.Jhe City would receive over $1.5 million in annually recurring tax revenues'atfuU build out. ,\...... :h,:-. ...;-~~.• ... o.o. . o - • I • ':'.::. .- -"~ ....I .-. '-;;'-0 •~ 1 :--..~ ~ .{" ~_:_: ..... }.;.-,~0 W." _ ;."., '..,-"."". ~<;:)."\I./~-"--_:i :': :.... .." ..-. .~.. ~ ~oro 1"'\..---I..-I-w "'- "~ '"'-:. .' -:; Summary Boeing believes that its Conceptual Urban Retall Plan illustrates the optimal d~velopment pfan for this 45 to 47 .acres of land in North RentBn.The Pla~offef"S the opportunity to contribute to the tr<.llJSiti0n of the area from a I?fi~arily industrial neighborhood toa mgher IntensitY and range of viable.~,pl"()Vidlng both jobs and a significant source of new revenue to support theClty's objectives for ~area. )1/13/03 REAL ESTATE ECONOMICS The data and calculations presented herein while not guaranteed.are obtained from sources deemed reliable. () 1,398 1600 1200 (j).a 0-,800~ Q) Z 400 0 PERMANENT JOBS CREATED IN 2009 CITY OF RENTON With Project Withol~tProject o With Project NEW JOB ANNUAL INCOMECREATEDIN2009,.-,--<<-~--' S$40.0 +---- (5 o $30.0 +---- '0 ~$20.0 +---- ~ ~$10.0 +---- $0.0 +---- $1,800 .,.------------------"----~~::.:=::_"i_--------,~. f $1,600 .!!$1,.t00 f--,---------------,oo $1,200 +-------~--------,...o $1,000 +-____,-----C.----C.-- W '0 $800+------------"---'r::=$600 +---------:so $400 ;----------.r: f-$200 +-_ $0 +---,.-- 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 •land Dev.•Building Dev.•PennanentTaxes CURRENT ZONING SCENARIO REAL ESTATE ECONOMICS Charts Jobs Income -miHons Property Ma1r.et Vams •mIion& Selected state R~-~ $ S With Pr 2.197 80 97.74 $ 10.47 $ 31.75 0.114 NEW PERMANENT JOBS CREATED BY 2009 2.500 2.1W NEW JOB ANNUAL INCoME IN~.·· 2,000 1,500 1.000 R Ihban VlIogo-P-f'lN.>I.11lt3lO3n.,"""""'--.~bo'_. WItMtlt Project '..Charts NEW STATE TAX REVENUES .$10.471 $10$C Dollars In mlIUons NEW RECURRJNGSTATE R~UI;S $4,00 f-----------,.-cI R_Utben ~Jd.11/130\)3Tho ""__------...edlober.w.lo. Assumptions DEVELOPMENT ASSUMPTIONS*VALUE SOURCE : Redevelopment Land Total buidabIe redevelopment land area-"net"acres Total buidabIe redevelopment land area-"ner sq.ft. land Development Land Development Construction Costs $ Land Improvement constructioo duration -years Percent design &management Percent cons1ruction labor Percent materials Bul1dklg Development Parameters Change in assessed value·$ Percent design and management -commercial Percent cons1ruction labor -commereiaI Percent construction materials &services -commercial BiIIiog ~for design and maoagement Billiflg multiprror for coostructioo . Property ~tduration -years Retall-BlgIMid Box Gross square 'feet of retail space Load tactor.:..retall space Building coosb'uctlon cost Isq,ft.-retail space $ Sq ft per empJ9Yee -big boX retail Retail sales per sq.ft.-big bOx retail Retall-Shop ~ac9 Gross square feet of retail space Load factor~space . BuiIdlng constlUction costlsq.fl-retal space $ Sqfl per einplqyee -Shop Space . Retail.sales F'.ft. ECONOMIC ASSUMPTION$- Indl$;t Jobs ~for~~.'...... IodIrect jobs mQltiplier f04"land ~e.OOslroctioo jobs Indirect jobs mJttipIier for reglW CXlflSfIUctiOO Pbs'. Share ofindlreCtjobs captured bycRent:OO" Share of indireg Incoffie'captIJfed by ROOtil' KiogCo.est avGrage FTE wage for dIre§t.regKring retailjobs oo-sita. King Cc?average annual wage for aIllridir8d'jObS''.'. KIng Co.a~amuaI wage roc project dQsigMoanagement Avemge annual wage for OOEJ-tim&c:onstructioo jobs Gross . TAX BASE AND REVENUe ASSUMPTJOHS Improved land as %of total ~valued redevefoped property Rea/estale turnOver rate Total assessed yalue of·~reuse property land $ Total assessed Value of'o reuse Eimeols 45.68 Heartland 1,989,821 Heartland 14,314,1n Heal1land 1.0 REElHeOOland 10.0%REE 36.0%REE 54.O%REE .65,996,257 From AVestimates 10.0%REE 36.0 REE· 54.0%REE 2.5 REE 2.0 REE 4.0 Heartland 451,000 H~and 5%Hear11and 120 .1'f8ar1land 600 REE .275.REE 110,000 tiearUand 5%~· 130 HeanIand 250 REE 250 UlI&REE 1:941 REE. 2.486 RES 2.667 REE '~~'.~25%ReE . $30,000 ESO &REE $43,000 ESO &REE $65,900 ,REE $49;000 REE 111000 &ESD RenIoo Urban VlIlage-P-FIN.xI.11113100 The daIa end calculations ~h«elrl while not guaranteed,have been oblaIne<Ilrom $OUI'I;ll$believed 10 be reliable. Page 1 REAL ESTATEECOHOMJC$ Summary 'One-:tlmeLand On'e'4imeBuilding R~rrlng "Development Develooment 2005-2008 In 2009 ,'".' " .. JOBS Dil:ectJobs 61 73 1,132 Indirect Jobs 91 122 1065 Total Jobs 153 196 2,197 INCOME Direct Income :3,149,119 $15,052,400 :33.962.500 Indirect Income 3922789 $21.034316 45807488 Total Income $7,071,908 $36,086,716 $79,769,988 PROPERTY VAlUE INCREASES Not applicable Not applicable $65.996,257 TAX BASE INCREASES Assessed Valuation Not applicable Not applicable $65.996,257 Retail Sales $12,882.759 $,61,578.000 $143,948,750 Real Estate sales Not applicable $97,742,851 $6.599,626 Gross Business Receipts $14,314,117 $68,420,000 $143,94S,750 SELECTED TAX REVENUE INCREASES (Property,sales,B&O and real estate) 10,356;729Stat~Taxes $1.189,652 $5.143,454 $ Local Taxes City of Rentoo-property 100%In city $245,167 $959,786 $1.554,562 Kim Coon"",'0%In county $17.392 $83,130 $95,695 R~l!l1:laf'l VIIlage-P..-FJN.xI.1.1/13103 ,.........".....,........< The data'land ~pn>$l.nled here;n whIIo nOl'gUaranIeed.haW been obCalned kom ~belMw<ld k>be reiiabIo, Pi3gll1 m;AL ESTATE ECONOMICS or, Land Use ~,~tail-'BigIMed(~.. Retail-ShOp space TOTAl Net S9ft. 428:450 104,500 532,950 Business ReCeipts Retail Sales Annual per sqft Retail Sales $,275$117,8,~~,759 $250 $26,125,000 $143,948,750 Employment 714 418 1,132 Annual Gross receipts $117,823,750 $21),125,000 $143,948,7SO Renton Ultarl ViIlage-P-AN.ld.11M3I03 The ~.~~~~6dherein Yrllile 00t~have been~flom~~k>.~reIiapIe. Assessed Valuation BldjJ.Start Year 2005 GroSs corm.Constn.ictlon %Land Sg.FtCoslJS9 ft VallJeJSc{Ft'of Total R~~ Reta~,Space SUBTOTAL'• Less 8XistifIg'!arid valuaoon leSs eXISting inlprovement valuation TOTAL INCREASES 561,000 Land $23,194,286 $6,128,571 $29;322,657 $ TotaiNew,AV Reotoo Ucban VIIIage-P-flN.xJ.11/13103 The data and caIwlations~hereln'Mlie not ~hew bMn Clbl*oed i-om IOW'C88 ~lobe Alliable. Taxbase:s ~valuation Real EState sales Retail satek Gross BUSiness Receipts $ $ $29,322,857 $ 12,882.759 $ 14,314,177 $ $ 97,742,857 $ 61,578,000 $ 68,420,000 $ .at2009 65;996,257 . 6.5~,6~ 14;3,{}48,150 14~,$M3.750 RentOfl~VllIage-P-fIN.xJ.11/13103 1M dat8.~~~l>ec'e!n v.ttlle noI~.'-beenP~,(alnedfrom~~tObe 1eli3ble. Page.1 REAL ESTATE ECONOMICS "Commercial Bldg.'S~rt Year 2005 Land Use Re~Br:Big/Med Box Retail-ShOo Soace .TOTALS New SqFt Per .JobsIEmployees Em,,/OVe6 ,714"600 418 250 1,132 ". Net Saft 428,450 104.500 532,950 .' Gross Saft --45~.0Q0 110;000 561;000 RentooUI1>an,V~--fll'bl.11/13103 '.'"".....,Page 1 The data aOd cBlc:UIatlorIs ~l1elein '""lle not~.have been oblalned from SOUfC8S beliewd 10 be reIiable~REAL ESTA TE ECONOMICS Onetime Jobs From Development From De.vek>Btvent Item ..OfLand --OfBuildinas PJ{OEESSIONAL JOBS Qesign and management costs $1,431;418.$6,842~OOO J}~salary $65,000 $6~;OOO Billi~:l1)uftiplier _2.5 2~5 Plpfes;siooaljob y~9 j 42 TOtal protessional Wages $572,567 $2,736,800 Annual professional wages $572,567 $684,200 Project duration in yeafS 1 4 Professional jobs created 9 11 CONSTRUCTION JOBS Constructibn labor costs only $5,153,104 $24,631,200 Average salary $49,000 $49,000 Billing multipUer 2.0 2.0 Construction job years 53 251 Total construction wages $2,576,552 $-12;315,600 Annual construction Wages $2,576,552 $3,078,W<) Project duration in yeafS 1 4 ConstructiOO jobs created 53 63- Total Equivalent New Jobs 61 73 Annual Wage income for New Jobs 3,149,119 3,763,100 Total Wane Income for New Jobs $3,149,119 $15,052;400 Renton Ulbao VilIage-P-FIN.xI,11/13103 .f'age 1 The data llfl!.1 caIwlallon$pesented henlln wille not guaronteed,have been oblaine<l from sources ~to be reliable.~EsTA TEE~ Recurring Revenue WA-Stat8 R~grev.nues P~Tax ~Tax B&OTax" Real EstateTrSosfer -TOTAl .2QP9 Tax Base $65,996,257 $143,948;750 , $143.948,750 $6;599.626 2002 Maxllnum TaxR-. $3.6000 6.59% 0.471% 1'.28% 2009 Rewnues $237.5&7 $9,356.669 $677,999' $84 ..i5 $fO,356,729" King County -R~nma revenues ~rtyI~ Sales Tax: 6&'O,Tlix,' ~Estate TrOOsfer - '2009 Tax Base $65;996,257 $0 $0 $0 2002 Tax Rate $VI~ 1.00% 0.00%, "'0.50% , 2009 Revenues '$95,695 $0 $0 SO .. City of Renton 2009 ~2 2009 RecurrInQ revenues TaxBue Tax Rate Revenues Property Tax $65,996,257 $3.3500 $221,087- Sales Tax $143,948,750 0.85%$1.223,564 B&OT~$143,948,750 0.00%$0 Real Es\ate Transfer $6,599,626 0.50%$32,998 HeadTs:dfr 1,398 $55.00 $76912 TOTAL $1,554.562 Renton UrbanVJll3g&-P-FINjd,11113103,page 1 The data and c:alculatioos preseoled herein vdliB not guaranIeed,have been obIalood from SOUI'CeS ~10 be reliable.REAL ESTA TE ECONOMICS Onetime Revenue WAState Land DeY.Buiidiog Dev.2002 Tax LandDev.BuIlding Dev. One time revenues Period Tax Baae TaxS-o,Rate Lellboe RtllVOfl!.»S 'Revenues sales Tax '$12,88ii59 $61,578.000 6.50%10.00%I·$153.$41 $3,602,313 B&OTax"$14,314,177 $68,420.000 0:471%10.00%~~:$290.032 Real E6tate Transfer $29322857 $97742.857 1.28%0.00%$1.251109 TOTAl ...$1;189,652 $5,143,454 .... • " KIng County LandDrt.BuIlding Dev.~Tax ilind~:BvIIdlng Dev. One time revenues PeliodTax Baa.TilxBase Rate leab<>ft R~Rewnues ~IesTax $12,882,759 $61,578,000 0:15%10.00%$17,392 $83,130 B&OTax $14,314,177 $68,420,000 0.00%10.00%$(I $ Real Estate Transfer $29322857 $97742.857 Q.OO%0.00%$0'$ TOTAl .,$17~$83,130 .," '...,....;,". City of Rentoo 'LandDev.'Building Dev.2002 Tax 'Land o.v.Bullding Dev. One time revenues .i~Period Tax Base fllxB ...Rate leakaoe Reveques Revenues Sales Tax ~;12,882,759 $'61,578,000 0.85%10.00%$98,55,3'$471,072 .B&OTax $14,314,177,$66,420.000 0.00%10.00%.•.".:$0:$ Real Estate Transfer $29322,857 $977<42.857 ,O.SO$,0.00%$146,814'$488.714 TOTAl $245,167 $959,786 'Wa Slate B&O Tax nM for telaillng RoolollUrbatl Village-P-FIN.xI,11/13103 The d8ta and ~~heleln...t&noI guaranIeed.t-..been oblalned from ~believed to ~reflable, Page 1 REAL ESTATE ECONOMICS BoelngCPA-E$tlmated Co.st foryWaterlnfr~strueture Improvement$ 10/16/03 Pnas,e 1 1 2 3 4 5 Location Park Ave N. 'N ..eth St.eXtensIon Logan Ave .N; 1-Pressure reducing s.tatfon'af,West Hllr Pump N.10th St. 'Subtotal 1lo 4 ..' p=rom G,arde:nAve N. 'Park Ave N.' ,N,;},8th'$t. 'P~rk Ave N.,."' To N.eth St .Logan Ave N. N.e'th St. Garden Ave N.' Cost wltnout Length Cost wIth street street restdn\tlon In ft.;restoratlon ** "~COO $5DO,OOO $459,500 1300 $325,000 $298,675 1300 $325,000 $298,675 $200,000 $200;000 650 $,162,500 $149,338 $1,512,500 $1,406,188 6 7 8 9 10 'Phas$2 Logan'Ave N. ,N.10th Sl N.10th St 2 -Pressure redY81ng statio.!;l,s at Hlg~lands ~3-2QO ft water stubs to ;:.''. p.rop,eriles west of Logan Subtotal 6 to 10 Garden Av'e N.N.8th St.2700 $675,000 $620,325 Houser Way Garden Ave N.900 $225,000 $206,775 Park Ave N.Logan Ave N.950$237,500 $218,263 $200,000.00 $':200;000.00 600 $150,000 $137,850 $1,487,500 ,$1,383,213 ITot.al1 to10$3,000,000 $ ,2,789,4dO I Auturti Reservoir In Kennyciale 320-zone $5,000,000 $5,000,000 'I"'''''Note: Cost excilildlng street patching for 6ft wide xG"thIck asphalt patch over water line trench within streets Iwhere neW waterlines will be installed -Asphalt cost estimated at $90/ton 1/Abdoul/boelng/boelng-lnfrastructure-cost-est.01.xls-1 O/6f03 ' Exhibit 6A .t "ii?-'Olll!1.5-1 \ --_/- PROPOSED WATER MAIN IMPROVEMENTS FOR BOEING CPA DEVELOPMENT AGREEMENT ---------- NEW 12·WATERUNES AND sTuBS $2.6 MIli.ION (±10.<400 flO $250!FT) NEW PRESSURE REDUCING V/>J..VE STATIONS $400,00 ( 1 PRY OREmON AIRPORT. 2 PRY'S IN HIGHlANDS NOT SHOWN ON MAP) PHASE 2 MAXlfYlUlVf AVAIL8BLE-TIRE~LDYr ----- -~/Wl-l=H-N~-WAf-ER--MAIN--IMPR0VEMENT-S --C)' .jS 5;Baa --C;At7LaNS-EER -MlNliffi-_-_ / -- --~------~---7 CD THROUGH ®P~E-.!:-WArER MAlN .!!iROvEMEmd~--MA~o&sn "/.'./-- _CD THRO\J~-'~Q]J-PHAsE.-.£.-WAi-ER.~N·!M!'ROVEMEN1S ilL5 WON);P''- ---=---=-=--/~/_.._J .."" SEPTEMBER 2003 ~~~\.\.~\ C"b~'Ill).•U:>.,I<.[ f"ol'\l\~~~O Wofb 01,,1,. I•J I I I t I I I t } ! EXHIBIT 7 NO. '"-'.'"<0 ",. "'~x'"w-' ~ ;;tor"",,,,I ""'"f.= \ ;" L=J ~,'..200' I i:t=:";I IE>l12",$!1IfD lei 0 ~ o\) \::) o CITY OF RENTON ~ EX STORM PROP STORM o D BOEING·RENTON COMPo PLAN AMENDMENT PROPOSE[)STORMWATER IMPROVEMENTS PHASE I.OPTION B ._~-~,----------_._---_.__..~...-~ :\'i~\.\.~\ t'l-b~'C\l,l.AKE. t EX STORM PROP STORM [] "".v. BOEING·RENTON COMP,PLAN AMEN'DMENT . PROPOSED STORMWATER IMPROVEMENTS TOTAl eUILOOUT·Opllo<l 8 ~.A"""",.....tii:"i>iiftlrl.,,,,,~.,....,"'....-i:;i>.'11 t1tt",."ri .....,..'"l_.• °0tJ "RENTON ~CITYOF PWvVrto)/Oulldln9,novbllo WOfb o.ot.lti~'lNIOIo.T[I~~""'''''''NO, ,.~--upsuE"TO 30' 7EXHIBIT •I I 1 I i I I I I f Boeing Compo Plan Amendment Phase I Sto~water System Improvements -Option B Storm ROW ROW Length of Cost Water Quality Water Total Cost $1,825,034$743,441$1,081,5932,874817,8256,295Total I\Q'""',",111911\,.........""'."......,......""'.1\4\1.1\...,'lii'l;;ol-V..."".'...1 ...•....,.'.~"""'TT _'-l ","ll ,...••,""",.\,,""'...."""...1.\,""... 1 BOC (John's Creek to NiOth Stl 12"laterals 1800 284600 ,691 $107141 1 $240534 $347675 2 BOC(N 10th St to N 8th St\New 24"&,12"laterals 1100 181 700 422 $307482 1 $146993 $454475 3 BOC (N 8th 5t to N 6th 5tl New 24"&12"laterals 1200 .176400 461 $335419 1 $160356 $495775 4 Park Ave N (BOC to N 10th 5t)12"laterals 670 69010 397 $61479 1 $62733 $124212 5 Park Ave N (N 10th SttoN 8th'St\12"laterals 840 66520 497 $77078 '1 $78651 $155729 6 N i Oth StiPark AveNto Garden Ave Nl New 18",&i2"leterels 685 59595 406 $192994 '2 $54175 $247 168_.........._-_.-..........---~..._~....~,.. •BOC •Boulevard of Champlonl (Logan Ave) •Assume ROW 90%lmpervloul,10%landscaping. •Assumed COlts Include permitting,.'notneerlng,design,materials, construction,and Inspection of pipe,cbs,bacldlll,etc.. •Assume.h~lf·wldth Improvements on BOe . *Water Quality Facilities ·Faclllty #1 At Logan end Park Ave N -Treatment Area:Logan Ave (N 8th St to Park Ave N)&Perk Ave N (N 8th SUo Logen) ·Slze:440'x 20'x12' .Faclllty #2 At N 10th St end Garden Ave N (W of Garden Ave N) -Treatment Area:N 10th St (Garden Ave N to Park Ave N) Diameter 12 ,18 24 30 38 48 Cost ($111) 155 ,190 220 365 510 655 Pheselandllstorm.xls Exhibit 7A Boeing Compo Plan Amendment Phase II Stormwater System Improvements·Option B Storm ROW ROW Length of Water Quality Water Total Cost wI Total Cost wlout $736~559--$5;B31-;134 $5,144,7098,2201,640,155Total1'6,490 Item Seament Imorovements Lenoth (ft)Area (SF)Laterals (ft)Facllltv #Qualltv ($)Restoration ($Restoration ($ 1 BOC John's Creek to N 10th 5t)12"llittlllils 1 800 264600 922 2 $0 $165,960 $142.910 2 BOC N 10th St to N8th SO 12" laterals 1100 161 700 564 1 $0 $101 520 '$87420 3 BOC N 8th 5t to N 6thStl 12"lat~rals 1200 176400 614 1 $0 $110620 $95 170 4 Park AveN(Laktl WA to BOC>New 12'~&12"laterals "1200 123600 710 7 $112358 $456158 $408,408 . 5 Park Ave N <N8th SHo N 6th sn 12"lattlrllls 1320 135960 781 2 '$123594 $264174 $244649 6 Park Ave N,(N 6th.St to N 5th St 12"laterals 660 67980 391 2 $61797 $132177 $122,402 7 N 1OthSt IBOC to Park Ave N).Nevi 18"&12"laterals 930 80910 '551'1 $73 551 $372 681 $335656 8 N 10th Sf (Garden Ave N to 1-405),,New 18"&12" laterals 1 016 8S 305 601 4 $80273 $406678 $366278 9 N 8th St aoc to Park Ave N New 18"&12"laterals 1 oeo 108000 SSS 1 $98177 $436217 $394517 10 N 8th SI Park Ave N to Garden Ave N)12"laterals 805 80500 ,438 5 $73178 $152018 $141,068 11 N 8th St Garden Ave N to 1-405)New 48"&12"laterals 1250 125000 680 6 $113831 $1111 031 $1.037.781 12 N 6thSt Cedar River to BOC)Utislze to 30"1280 160000 758 .·$512000 $467200 13 N 6thS!BOC to Park AVfJ Nl Uoslze to 30"'1050 67200 622 -·$420000 $383250 14 Outfall #10 (lake WAto BOC)Uoslze to 36"1800 ..·S990000 $918000 .'~........' ,< E~1ibit 76 Boeing Compo Plan Amendment Total Bulldoul (Option B)Stormwater System Improvements Storm ROW I ROW Length of Water Quality Water Tolal Cost wi Total Coslw/out $1,480,000 $7,614,170 $6,969,77011,0941,855,28018,685Total Item :::se~mem Imorovements L;engm (n)Area (:::SrI l..aleralB IIll raClIllV ?I'uualilY (~)Keslorauon (:Ii)Kestorallon ($) 1 BOC John's Creek to N 10th SI)12"laterals 1 800 284600 1613 2 $240534 $530874 $490,549 2 BOC N 10th SUo N 8th SO New 24"&12"laterals 1100 161 700 986 1 $146993 $599473 $541 823 3 BOC N 8th St to N 6th SI)New 24"&12"laterals 1200 176400 1075 1 $160356 S653856 $590,981 4 Park Ave N Lake WA to BOC New 12"&12"laterals 1200 123600 710 7 $112358 $456158 $408,408 5 Park Ave N aoc to N 10th sn 12"lllterais 670 69010 397 2 $62733 $134193 $124,268 6 Park Ave N N 10th St to N 8th 51\12"laterals 840 86520 497 2 $78651 $168111 $155,686 7 Park Ave N N8th St to N 6th sn 12"Illterais 1320 135980 781 2 S123594 $264,174 $244,649 8 Park Ava N N 6th St to N 5thSI)12"laterals ,680 '67980 391 2 $61 797 $132177 $122,402 9 N 10th 51 (BOC toPark Ave N)New 18"&12"laterals,930 80910 551 1 $73 551 S372 681 $335,656 10 N 10th 5t (Park Ave N to Garden Ave N)New 16"&12"laterals ,685 59595 406 3 $54175 $274530 $247,255 11 N 10th St (Garden Ave N to 1-405),New 18"&12"laterals 1 015 88305 601 4 $80273 $406678 $366278 12 N 8th 5t 80C to Park Ave N)New HI"&12"laterals 1,080 108000 588 1 S98,177 $436,217 $394,517 13 N 8th 5t Park Ave N to Garden Ave N)12"laterals 805 80500 438 5 $73178 $152018 $141 068 14 N 8th 51 Garden Ave N to 1-405)New 48"&12"laterals 1250 125000 680 6 $113631 S1,111 031 $1,037,781 15 N 6th 5t Cedar R.lver to BOC)Upslze to 30"1 280 160000 '758 ··$512,000 $467,200 16 N 6th 5t BOC to Park Ave N Upslze to 30"1050 67200 622 ··$420,000 $383,250 17 Outfall #10 (lake WA to BOC Upslze to 36"1 800 ..··$990000 $918,000-........_...-........ ~ * •BOC •Boulevard of Champions (Logan Ave) •Assume ROW 90%Impervious,10%landsoaplng. •Ass\Jmed oosts Include permitting,engIneering,design.matenals. construction,and InspectIon of pIpe.cbs,bllCkflll,eto. 'Assume full cross-sectIons on all streets Cost wi COlt w/out DIameter (In.)=testoratlon ($/If=teatoratlon (SliD 12 180 155 18 215 190 24 250 220 30 .400 365 36 550 510 48 700 655 Exhibit 7C 270 " 271o 274 0" =100,000 125,000 250,000 =300,000 =390,000 $1,165,000 OR $1.2 MILLION 27B BO ? 9°:279 20' 176 o 1.WEST STUBS 2.LOGAN/PARK CONNECTOR 3.N.10TH -LOGAN TO PARK 4.N.8TH -LOGAN TO PARK 5.GARDEN REPLACEMENT 3.100 LF OF 12" I @ $250 PER FOOT 1~-'TOTAL =$250,000 'I---EXISTING KING CO. I EASTSIDE INTERCEPTOR~~02-3 4.1200 LF OF 12" i @ $250 PER FOOT I TOTAL =$300,000 Jr'I 01-57 1.5-200'STUBS _--, FROM LOGAN TO THE WEST AT $20,000 EACH TOTAL =:$100,000 PROPOSED BOEING CPA DEVELOPMENT AGREEMENT SEWER EXTENSIONS EXHIBIT 8 .~J...-$0 $200,000 $200,000 $200,000 $200,000 $138,000 $138,000 $138,000 $0 $0 $918,000 $918,000 $918,000 $4,103,000 $19,293,000 $33,538,000 ,- I - I ~o -$1~002;OOO $966,0001 -I --$966,000 $966,000 $914,000 ---$914,000 $1,110,000 '$880,000 -,--$660,000 $775,000 $0 $968,000 $185,000 $794,000 $119,000 $687,000 $0 $0 $13,255,000$615,0001 $f,40~,O~L'$14,245,000$2.46/l,000$9,754,m l~jj[\g!:Ui):!~i:IH:i!i!m:[I\[m[i:\:\i!m:m::!;:Sj;i!lim!f,imjj[:m:[IHi:j!j:j!!jijj2imm!mm:I[:::m:~m~~;ii@1!iHiH:}mjjjj:j!jjj~W'" $0 $0 $0 TOTAl AlER Pressore'rooucing statibn lit We'sl,HiU pump Pressure reducing stalions at Highlands 3-200 ft water stubs to prop<>rties west of Logan STORMWATER Outfall #10 (Lake WA 10 logan) .. EXHI~T9 ESTIMATED PlANNING LEVEL INFRASTRUCTURE COSTS For S<>lccled Application as DevelopmentOccurs (2003 dollars) (ROUNOi;.e TO THE NEAREST 1,000) ADomONAl FIXED COSTS -$5,000,000 WATER -Future Reservoir in Kcnnydale 320-zone NOTES:·Ulility segments may I"lOt exactly rrotetl roodway segments.Please see back up shoot for precise details.Private SCMccs aro the rcsponslbUity of the devclopcr. ••Stonnwalcr Optioo B uses existing infraslrudorc to OutfaU '13 on Johns Creek and therefore requires ma,hllaining existing eoeumbrnoccs.Additlonnl Stormwatcr costs fn<'ly be nccessnry in District 1. 3 lanes lanes from Logan nnd the 5131\0$from Park ~tho uttima,to Logan A~onue buikk>ut.Park is lhcn",s~urTlcd to "".ITOW down to corr~widlh after G<lrdon. UU Roadway assumed to lransition back to origlnal ~lh at HOlJS(."f Way.ThcrcfOl'e,no intersection costs estlmated. -:=Not relevant to that phasing timcfrilmo ['ITillJl Distdct 11s divided into two subdistricts.Within District 1,ostimated Subdislrict 1A kllraslrucluro costs arc stk.ded.Subdistrict 1B ooSls arc not shaded. I I I ) \ \ '-'il· PROPOSEO R.O,W. ROADWAY C9:lSiRVCTIOI1 10 SUPPORT SveOlSfRlC1 IA. Rl\l.D'HAY cONSiRUCTlON TO SUPflOfiT WSOfSTPJCT 18 P.ON)WkY stwoo \ l!l'm0r;nMt1'\l C'C.htlY.. Q.t.'n'f!O'Ml.Mt~ attl:la""~I6D1 ~~l'u~~4m EXHlalT 10 N (--..: i 1::::::::::::::.1... o t-<h \\.,. ,''."? f·--..····-\ i .! ,--'I ...:..l~.-._~..,."~.;. 1.AAU IS AVA.'l.JJn.£F"OU.O'lVJOO R[).UI"..tNOO or PARK A\'ElM,MEA SHOW!<ci !lCUIO!ll III lOTJI.Ao.rA CAWAATlOli fOR A.I{£A A I lOT 3 H~TH. PROPOSED ARTERIAL RIGHTS OF WAY TO SUPPORT DISTRICT 1 "".\~ PLAN VIEW .'~-:--. TYPICAL SECTI.OjN 1:PARK ,AVENUE NORTH i,"':''''',':';,'..::',J","""-':"',;-::,"'.,:.'>'-",""'",,-, FROM PROP0&EO'l0<9AN i AVSNU!TO NORTH 8TH STREET 4 LANES,OFTR'A~'FI,C'Wt~M;ijA>ME01AN/TURNtN~,LANE ,E*HIBIT 10A .;: ,'10!5'i,,;,'1I,IOHT 01':,w!-y,WIDTH v IlU Il.~I 12"..1 """',1 12'I'12'I 12'Arn~'12'~MEOI!-Ill,~Amo TRAm LAIlE'',""TU~IlINQ LAN£LANE LANE s' 'PAIIKlliO t'\8.S''l1\m SlOtwALK,WITH ~AltS U'llU'lltS I .."fl.18;n~~n:y I I '.O'~S'TIH~~.~AllWAY '0 I ,~~Il o 8'16'32'E I 'I SCALE:1"-16' PARTIAL,'BUILpoUT ,,'(SAM,E,AS FULL'~ul.l1)9.uT) J::JQIf! SECTIONS ARE DRAWN IN ACCORDANCE WITH 'THE KING COUNTY ROAD STANDARDS AND THE CITY,OF RENTON STREET STANDARDS. ALL FiOADWA Y'SECTIO,:.,s'ARE/LL,UST:RATIVE •.;/''c_'.,-.:";0.'-./ , .'k:·.,'.':.'f':f~:'Consulting Engineers 101 Stewart Street.Suite 800 Seattle.Washington 98101 : (206)382~0600 Fax (206)!382-0500 10 NOVEM8ER 2003 ,~l'./;','f'j tYPICAL SECTION 2:'PAAK AVENUE SOUTH FROM NORTH ~TH,.STReET\:TO,NQ.~llMJ,6TH STREET 4 LANES '}OF"'TRAFFIC'Wt'TH A MEDIAN/TURNING .LANE EXHlS1T 10B 7S'EXISTING PAliK ..I AVENUe;;f\tcHl'OrWAY'-.;.....------------"'11 I ev'[)(1STlNG PAI'll\.I ,AVENUE '1I0AOWAY 22.&'txIfT1NO ~OAOWAY TO !t ~tvm CURl!at OUTT£R ('tYP.) '(.fl·~~~g ....t>(I..IirtM¥~=:;:=====~:;:';==:;=;~ll.h.h ..,i 12'I,'12' 'll!AmC-\--"'t1IAmC<'1 .I I\.ANt '.'WE''.. 'Tf\EESWltH CRA~~/'.e'! d '".,--v",...".~•...,/••,,,,..:.S10Ew(\.lK/' .,"~1·.IlI9!ll'Or'!lA)',V!1PTl I \JTlUTl~':)I ConsultlnQ Engineers,k,',:f(' 101 Stewart Street.Suite 800 Seattle.WashlnQton S8101 (206)382-0600 Fax (206;382-0500 "10 NOVEMBER '2003 ,P,~R!(,At:,,}:B:UltOOU,T (SAM~E ....AS "FUGt:'8tJltDOlJT) !::lQIE! SECTIONS ARE DRAWN IN ACCORDANCE WITH THE KING COUNTY ROAO.STANDARP~~f'!?:"[HgQiTY.QP,RENTON{$1'FlEif S'TANfiJARlDSJ<",'',,;.".', ,--.:-~"-..~'",-,_~-,0"-'.,.,'~':'",~-..•--,,'• '";,',,,,.',:,:),\,/\---"",-,-~",:",:::,:~\-":;:..,:,;.:~:',...,;,,:::_/,::~~.\),<::";:'".,..-:~ ALL"ROAlDWAY"SECTIONS'ARE'Iu..,QS.TEATl'if,.... (""-....'."-:-'-";""",:'.-.'~'-, o 8'16'32' ~I I I SCALE:1".16' •I~~ __..................__......,;.~-~"""!"'"!",~"L,~""""""'"~-....[~...[.-;..---------------~ ;.t",,;,"·" ~-'0-,.,...__."-----..__.~_~'" ,..~,'",~,¥ ;rYr-"C,Ab,S:c;C"1'ON3:'t'OG"1(N"AVENUE NO:R:TH 2'LANES OF TRAFFtC.WlfH'AilTliJR-NiNG:!,LAN'E t EXHIBIT 10C t~ ,;;.g:;~~o 11'I 11'"I 11' ,,,,Arne,.W'~~6--l-'I1\Arn I I lANE LAHt'LANE LANt .5.5' I 8,U'-FV'I\IIIt ft{)f.tJW;''!,.,.....,....._,......:..._TREES \11TH CR;'T£S'5' OON$'I1\\ICl10N TO !IIPl'Of\T,DISTRlcn .'SIDEWALK"I eo',-MAOW;'YOONS'I1\UenON UTILI'l1ES TO !IIPPOftT'!II90IST1IleT 'A .~·\~t,',',':J:~..',••1",'(f}I 'N',~r ~\,''\.1 .....;1 If I,!-r ',_....~'~.~/'I ~~~'::~'_"'\1 r"i;i Zc.....~\,'~.1.",~oII •••• •:I ~001""~""".... I 133'~tOHT or VIA'!I o 8'16':32'.po \i.'r SCALE:1",..16' li.QIf: SECTIONS ARE DRAWN IN ACCORDANCE WITH THE KING COUNTY ROAD STANDARDS AND THE CITY OF RENTON STREET STANDARDS.', , ALL ROADWA Y SECTIONS ARE ILLU$TAA n~ llI'DJ ConSUltIng EngIneers 101 Stewart Street,SuIte 800 Seattle.Weshlnoton 98101 (20$)382-0600 Fax (206)382-0500 10 NOVEMBER 2003 , TYPICAL SlECII()·.N.··,0·:,N,Q·R=f'H «cSTH'S'TREET 2 LANES OF TRAFFIC W'TH ~MEQ.IANIJURNtNG LANE EXHIBIT 100 " 12' M£OIANI TUtl:NINC LANE 12'I ,,'Arno---J--TlIAmC ,.,,i t LANE LANE Soil' TlI££S !11TH ORAm s' StOEWALI<; Ui)Ui)£S 3:s.e'-rvtUM:/WAOWAY ~muenoH'I 4U'•tl:OAOWAY,C¢llSm,~1l0W .I TO 1M'I'MT OISTl\lCT 2 .TO """'otIT MClSTl\lOT 18 I 71'tl:IOHT or WAY I ,. :.1' k"'~f.f'ConsultIng EngIneers 101 Stewart Street,SuIte 80Q Seattle.Wsshlnaton 98101 .(206)382~0600 Fax (206)882-0500 10 NOVEMBER 2003 :f '::x ~~~:'~",,.". -~,.; ·PARTIAL·BUILDOUJT::' ,' TO suPPOet,"SI9BDISTRICT 18..-.~.'~,, llQIf: SECTIONS ARE DRAWN IN ACCORDANCE WItH TJ-E KING COUNTY ROAD STANDARDS AND .M CITY OF RENTON STREeT STANDARDS;.' './L~LLdf/P6P'WA Y'c.§~<?J"I(J),,!$i~ffl~1~(iJSfPl~'t/YE. o 8',j6'32' E'I'!'k".....i:L 't I SCALE:1;';;;;16' /,,~,.·,·;;~~.'i::';","\.,:.~:~c".,?,,;iI\ TYPICAL SECTION .7:NORTH 10TH STREET 2 LANES OF TRAFFIC WITH ·A MEO·IAN/TURNIN:G LANE " EXH1S1T10E 1: t .'~.\V1/::~·~kl).j.~f.:.:{"i'i+I~qC .tr:;'jd':~............',~.J,'y,"...•••••~\.\lJ'off:...... ..~"it~p':'~...."1'~~; L-J\L-r~.c::'==CO:==~1 J\I'W e ~l~.i ...j 12'I 12'I 11' "'£OtANI -J-TRAme--l--TRAmC I iii I 'TV~HlNa LANE LANE LANE ~~' TRtES \\I'lli ORAtES ~' SIO£WAU<; UTlUTlES )J.S'-~'lV~~~:~~I~~C:~UeTlOll I ~'T~w~~t~r~ee;r~~¥e,~ON I I 79'RIOHT or WAY I PARTIAL ·BUILDOUt .TO SUPP:.ORT SUBDISTRICT.1A k'f.f o 8'15'32'f .!I SCALE:1".16'. JK[[{;: SECTIONS ARE DRAWN IN ACCORDANCE WITH THE KING COUNTY ROAD STANDARDS AND THE CITY OF RENTON STREET STANDARDS. ALL ROADWAY SECTIONS ARE ILL/JSTRA TIVE Consultlno Enoineers 101 Stewart Street.SuIte 800 Seattle,WashlnQton 98101 (206)382-0600 Fax (206)382-0500, 10 NOVEM8ER 2003 , 1 ORDINANCE NO.5107 EXHIBITB ILLUSTRATIVE MAP St. z N 8:th SL .> <-"t: cor..)"' I'~tj!.r,St. ORDINANCE NO.5107 EXHIBITC LEGAL DESCRIPTION LOT 1 OF BOEING LAKESHORE LANDING BINDING SITE PLAN ALL THAT CERTAIN PROPERTY SITUATE IN THE CITY OF RENTON,COUNTY OF KING, STATE OF WASHINGTON,LYING WITHIN THE NORTH\VEST QUARTER OF SECTION 8, TOWNSHIP 23 NORTH,RANGE 5 EAST,W.M.,BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE WEST QUARTER CORNER OF SAID SECTION,BEING A 4"X 4" CONCRETE MONUMENT WITH A COPPER TACK,THENCE S89°28'22"E ALONG THE SOUTH LINE OF SAID NORTHWEST QUARTER A DISTANCE OF 1,133.26 FEET; THENCE NOo056'42"E A DISTANCE OF 871.74 FEET TO THE TRUE POINT OF BEGINNING; THENCE FROM SAID TRUE POINT OF BEGINNING No056'42"E A DISTANCE OF 141.03 FEET; THENCE TANGENT TO THE PRECEDING COURSE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A RADIUS OF 547.50 FEET AND A CENTRAL ANGLE OF 28°54'05",AN ARC LENGTH OF 276.17 FEET; THENCE TANGENT TO THE PRECEDING CURVE N27°5T23"W A DISTANCE OF 50.69 FEET; THENCE N70054'57"W A DISTANCE OF 39.12 FEET TO THE BEGINNING OF A NON-TANGENT CURVE TO THE RIGHT,THE RADIUS POINT OF WHICH BEARS N23°41 '59"W; THENCE SOUTHWESTERLY ALONG SAID CURVE,HAVING A RADIUS OF 1,066.50 FEET AND A CENTRAL ANGLE OF 9°55'55",AN ARC LENGTH OF 184.87 FEET TO A POINT OF REVERSE CURVATURE; THENCE TANGENT TO THE PRECEDING CURVE ALONG THE ARC OF A CURVE TO THE LEFT HAVING A RADIUS OF 933.50 FEET AND A CENTRAL ANGLE OF 39°00'14",AN ARC LENGTH OF 635.48 FEET; THENCE TANGENT TO THE PRECEDING CURVE S37°13'42"W A DISTANCE OF 5.25 FEET; THENCE S07°53'04"E A DISTANCE OE44.75 FEET TO THE BEGINNING OF A NON-TANGENT CURVE TO THE LEFT,THE RADIUS POINT OF WHICH BEARS N37°08'45"E; THENCE EASTERLY ALONG SAID CURVE,HAVING A RADIUS OF 410.50 FEET AND A CENTRAL ANGLE OF 46°01'14",AN ARC LENGTH OF 329.72 FEET; THENCE TANGENT TO THE PRECEDING CURVE N81°0T31"E A DISTANCE OF 211.31 FEET; THENCE TANGENT TO THE PRECEDING COURSE ALONG THE ARC OF A CURVE TO THE RIGHT HAVING A RADIUS OF 489.50 FEET AND A CENTRAL ANGLE OF 9°26'36",AN ARC LENGTH OF 80.68 FEET; THENCE TANGENT TO THE PRECEDING CURVE S89°25'53"E A DISTANCE OF 186.92 FEET; THENCE N45°45'24"E A DISTANCE OF 39.05 FEET TO THE TRUE POINT OF BEGINNING. CONTAINING 299,538 SQUARE FEET +/-(6.88 ACRES)