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ORD 22-938 - Amending Comp Plan & Adopting Development Agreement (Bally's)ORDINANCE NO.22-938 AN ORDINANCE of the City of Federal Way, Washington, amending the Federal Way Comprehensive Plan, Comprehensive Plan Map, and Zoning Map, changing the Comprehensive Plan designation and zoning of 6.00 acres located at the southeast corner of 111 Avenue South and South 3281h Street, parcel number 172104-9038, from Office Park (OP) to Multi Family (RM 1800), and adopting an associated development agreement. (Amending ordinance Nos. 90-43, 95-248, 96-270, 98-330, 00-372,01-405, 03-442, 04-460, 04-461, 04-462, 05-490, 05-491, 05-492, 07-558, 09-614, 10-671, 11-683,13-736, 13-745, 15-796, 15-798, 18-843, 19-866 and 21-907) WHEREAS, the Growth Management Act of 1990 as amended (Chapter 36.70A RCW or "GMA"), requires the City of Federal Way ("City") to adopt a comprehensive plan including a land use element and land use map, a housing element, a capital facilities plan, a utilities element, and a transportation element and transportation system map(s); and WHEREAS, the GMA also requires the City of Federal Way to adopt development regulations implementing its comprehensive plan; and WHEREAS, the Federal Way City Council adopted its comprehensive plan and land use map (the "Comprehensive Plan") on November 21, 1995, and adopted development regulations and a zoning map implementing the Plan on July 2, 1996; and subsequently amended the comprehensive plan, land use map, and zoning map on December 23, 1998, September 14, 2000, November 1, 2001, March 27, 2003, July 20, 2004, and June 16, 2005, July 16, 2007, June 11, 2009, January 27, 2011, January 23, 2013, August 14, 2013, July 29, 2015, January 26, 2018, October 28, 2018, April 2, 2019, and January 19, 2021; and WHEREAS, pursuant to Federal Way Revised Code ("FWRC") Chapter 19.35, the City may consider Comprehensive Plan amendments utilizing Chapter 19.80 FWRC, Process VI; and WHEREAS, under RCW 36.70A.130, the Comprehensive Plan and development Ordinance No. 22-938 Page 1 of 20 regulations are subject to continuing review and evaluation, but the Comprehensive Plan may generally be amended no more than one time per year; and WHEREAS, in 2021, the City accepted requests for amendments to the text and maps of the comprehensive plan, the comprehensive plan map, and the zoning map, including a citizen - initiated request regarding parcel 172104-9038 ("Bally's Site"), which requested that the City amend the Bally's Site comprehensive plan designation from Office Park to Multi -Family High Density designation, and rezone the Bally's Site from Office Park (OP) to Multi -Family (RM 1800) ("Bally's Proposal"); and WHEREAS, on July 20, 2021, the City's SEPA Responsible Official issued a Determination of Nonsignificance for the proposed comprehensive plan amendment and rezone of the Bally's Site ("SEPA Determination"); and WHEREAS, the SEPA Determination was not timely appealed; and WHEREAS, the City's Planning Commission held public hearings regarding the Bally's Proposal on October 6, 2021 and September 15, 2021 pursuant to FWRC 19.80,190, at the close of which they recommended the City Council approve the comprehensive plan amendment and rezone of the Bally's Site provided the City entered into a development agreement associated with the comprehensive plan amendment and rezone that addressed home ownership opportunities in a future multifamily development at the Bally's Site and WHEREAS, under RCW 36.70B.170, local governments are authorized to enter into development agreements with persons having ownership or control of real property within the local government's jurisdiction; and WHEREAS, pursuant to Chapter 19.85 FWRC, Development Agreements, the City Council may at its discretion utilize development agreements associated with a comprehensive Ordinance No. 22-938 Page 2 of '20 plan and related zoning change where the project is larger in scope and has potentially larger impacts than normal, or where the City Council may desire to place certain restrictions on the proposal; and WHEREAS, a development agreement has been prepared as set forth in Exhibit A ("Development Agreement"), along with the proposed comprehensive plan amendment and associated rezone which, among other things, addresses home ownership opportunities in a future multifamily development at the Bally's Site; and WHEREAS, on May 10, 2022, the City's SEPA Responsible Official issued an addendum to the SEPA Determination to include the Development Agreement; and WHEREAS, the City Council, through its staff and Planning Commission, received, discussed, and considered the testimony, written comments, and material from the public, and considered the matter at its City Council meetings on August 9, 2022 and September 20, 2022; and WHEREAS, the City Council desires to adopt the proposed comprehensive plan amendment and rezone of the Bally's Property and associated Development Agreement. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON, DO ORDAIN AS FOLLOWS: .Section 1. Findings and Conclusions. (a) The proposed amendment to the comprehensive plan and zoning designation of the 6.00 acres, parcel 172104-9038, as set forth in Exhibit B attached hereto, and the Development Agreement, as set forth in Exhibit A attached hereto, are consistent with the Council vision for the City of Federal Way, will allow development which is compatible with the surrounding existing multi -family neighborhoods and surrounding multi -family zone designations, and therefore bear a Ordinance No. 22-938 Page 3 of 20 substantial relationship to public health, safety, and welfare; are in the best interest of the residents of the City; and consistent with the requirements of RCW 36.70A, the King County Countywide Planning Policies, and the unamended portion of the Plan. Specifically, the proposed comprehensive plan amendment and rezone of the Bally's Property and associated Development Agreement are consistent with the following comprehensive plan goals and policies: Housing Policy (HP) 2 Amend development regulations to accommodate a diverse range of housing forms that are compatible with neighborhood character and create an effective transition between the City Center, business areas, and residential neighborhoods. Housing Goal (HG) 2 Involve the community in the development of new housing to a degree that is consistent with the scale of impact on the surrounding neighborhoods. HP 10 Encourage community input, where appropriate, into the development permit process by providing thorough and timely information to the public. HG 4 Proactively plan for and respond to trends in housing demand. HP16 Increase capacity and encourage greater diversity of housing types and costs for both infill and new development through various methods, such as inclusionary zoning, density bonuses, and transfer of development rights, cluster housing, cottage housing, garden housing, duplexes, and low to moderate density housing types. Land Use Goal (LUG) 1 Create an attractive, welcoming and functional built environment. Land Use Policy (LUP) 8 Designate and zone land to provide for Federal Way's share of Ordinance No. 22-938 Page 4 of'20 regionally adopted demand forecasts for residential, commercial, and industrial uses for the next 20 years. LUP 10 Support the continuation of a strong residential community. LUG 4 Provide a wide range of housing types and densities commensurate with market demand, adopted housing targets, and the community's needs and preferences. (b) The proposed amendments to the comprehensive plan map, as set forth in Exhibit B, attached hereto, are compatible with adjacent land uses and will not negatively affect open space, streams, lakes, or wetlands, or the physical environment in general. The amendments will allow for growth and development consistent with the Plan's overall vision and with the Plan's land use element household and job projections, and will allow reasonable use of property subject to constraints necessary to protect environmentally sensitive areas. The amendments, therefore, bear a substantial relationship to public health, safety, and welfare; are in the best interest of the residents of the City; and are consistent with the requirements of RCW 36.70A, the King County Countywide Planning Policies, and the unamended portion of the Plan as specified in Section 1(a). (c) The proposed amendments to the zoning map, set forth in Exhibit B, attached hereto, are consistent with the applicable provisions of the comprehensive plan and the comprehensive plan land use map proposed to be amended in Section 2 below, bear a substantial relation to public health, safety, and welfare, and are in the best interest of the public and the residents of the City. (d) The proposed amendments have complied with the appropriate process under state law and the FWRC. (e) Additional analysis and details supporting the findings and conclusions in this section are contained in the August 2, 2022 Staff Report prepared for the August 9, 2022 City Council Ordinance No. 22-938 Page 5 of'20 Public Hearing on the Bally's Proposal. Section 2. Comprehensive Plan Comprehensive Plan Mos. and zoning, Map Amendments Adoption. The 1995 City of Federal Way Comprehensive Plan, as thereafter amended in 1998, 2000, 2001, 2003, 2004, 2005, 2007, 2009, 2010, 2011, 2013, 2015, 2018, 2019, 2021 copies of which are on file with the Office of the City Clerk, the comprehensive plan maps, and the zoning map are amended as set forth in Exhibit B, attached hereto. Section 3. Develo ment Agreement Ado tion. The Development Agreement, attached as Exhibit A, is hereby adopted. Section 4. Amendment Authority. The adoption of plan and map amendments in Section 3 above is pursuant to the authority granted by Chapters 36.70A and 35A.63 RCW, and pursuant to chapter 19.80 FWRC- and chapter 19.85 FWRC. Section 5. Severability. The provisions of this ordinance are declared separate and severable. The invalidity of any clause, sentence, paragraph, subdivision, section, or portion of this ordinance, or the invalidity of the application thereof to any person or circumstance, shall not affect the validity of the remainder of the ordinance, or the validity of its application to other persons or circumstances. Section 6. Savings Clause. The 1995 City of Federal Way Comprehensive Plan, as thereafter amended in 1998, 2000, 2001, 2003, 2004, 2005,2007, 2009, 2010, 2011, 2013, 2015, 2018, 2019, 2021, shall remain in full force and effect until these amendments become operative upon the effective date of this ordinance. Section 7. Ratification. Any act consistent with the authority and prior to the effective date of this ordinance is hereby ratified and affirmed. Section 8.,Corrections. The City Clerk and the codifiers of this ordinance are authorized to Ordinance No. 22-938 Page 6 of 20 make necessary corrections to this ordinance including, but not limited to, the correction of scrivener/ clerical errors, references, ordinance numbering, section/subsection numbers, and any references thereto. Section 9. Effective Date. This ordinance shall take effect and be in force five (5) days after passage and publication, as provided by law. PASSED by the City Council of the City of Federal Way this 4th day of October, 2022. CITY OF FEDERAL WAY: r 3 r ERR LL, MAYOR ATTEST: I►1' APPROVED AS TO FORM: . --d�cjjz J. RYAN CALL, CITY ATTORNEY FILED WITH THE CITY CLERK: 09/14/2022 PASSED BY THE CITY COUNCIL: 10/04/2022 PUBLISHED: 10/07/2022 EFFECTIVE DATE: 10/12/2022 ORDINANCE NO.: 22-93 8 Ordinance No. 22-938 Page 7 of 20 Exhibit A DEVELOPMENT AGREEMENT THIS AGREEMENT is entered into this day of r 2022 (the "Effective Date") by and between FIRST AVENUE SOUTH APARTMENTS LLC, a Washington limited liability company (the "Owner"), and the City of Federal Way, a Washington municipal corporation ("City"). Owner and the City are each a "Party" and collectively the "Parties" to this Agreement. RECITALS A. The Washington State Legislature has authorized the execution of development agreements between a local government and an entity having ownership or control of real property within its jurisdiction, pursuant to RCW 36.7013.170 through 36.70B.210 ("Development Agreement Statute"). This Agreement is authorized pursuant to the Development Agreement Statute and the Federal Way Revised Code ("FWRC" or "Code") Chapter l 9.85, as established by Ordinance 02-426. B. Owner owns the property at 32818 1 st Avenue South in Federal Way, Washington (King County Assessor No. 1721049038 and the "Property"), legally described on Exhibit A, which is attached hereto and incorporated herein by reference. C. Owner applied for a Comprehensive Plan land use designation amendment and associated rezone of the Property from Office Park ("OP") to Multifamily Residential RM-1800 zone ("RM-1800") under City File No. 20-103733-00-UP (collectively, the "Rezone"). D. Owner has prepared a conceptual site plan development of the Property dated 2021 as depicted in Exhibit B ("Conceptual Plan"), which is attached hereto and incorporated herein by reference. The Parties agree the Conceptual Plan is a conceptual guide for the development of the Project as defined in this Agreement, but is not intended to be, nor must it satisfy the requirements of a "Development Plan" as defined in FWRC 19.85.100. E. Redevelopment of the Property consistent with the Conceptual Plan will be a benefit to the City through implementation of the vision of the Comprehensive Plan by, among other reasons, providing new market -rate housing opportunities for City residents. F. Redevelopment of the Property also supports and implements the City's recently adopted Housing Action Plan objectives and strategies, including Objective 1 to "promote new market -rate... construction that expands housing choices" and Objective 2 to "encourage homeownership opportunities and support equitable housing outcomes" by providing new market - rate housing choices for City residents and the potential for future homeownership opportunities. G. The City desires to enter into this Agreement to assure the development of the Property consistent with the Conceptual Plan as a condition of the approval of the Rezone. H. By this Agreement, the Parties intend to set forth their mutual agreement and understandings as they relate to the development of the Property. Ordinance No. 22-938 Page 8 of 20 Exbibii A NOW THEREFORE, in consideration of the mutual benefits and agreements contained herein, as well as other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: AGREEMENT 1. Definitions. 1.1. "City Council" means the City Council of the City of Federal Way. 1.2. "Development Regulations" means those sections of the Federal Way Revised Code, Federal Way Zoning and Development Code, Federal Way Comprehensive Plan, Federal Way Zoning Map, and any implementing policies, regulations, procedures or guidelines addressing the zoning, building and site design, utilities, environmental review (including SEPA procedures and substantive authority), transportation concurrency, and any other elements that govern the development of real property within the City. A term defined in the Development Regulations shall have the meaning assigned to it within the Development Regulations, unless otherwise defined herein. 1.3. "Market -rate" means a type of housing available or offered in the open market without public, nonprofit, or similar subsidies; provided however, nothing in this definition shall prohibit housing purchasers from utilizing commercially available affordable housing financing mechanisms for owner financing of individual units, if offered for sale. 1.4. "Owner" means FIRST AVENUE SOUTH APARTMENTS LLC, a Washington limited liability company, and its successors and permitted assigns pursuant to Section 11. 1.5. "Development Director" is the Director of the Department of Community Development. 1.6. "Townhouse" shall have the same meaning as in FWRC 19.05.200, except that it shall expressly exclude zero lot line townhouses as defined in FWRC 19.05.040. 1.7. Each term defined within the Agreement shall have the meaning assigned to it within the Agreement. 2. Purpose. As a condition of the City's approval of the Rezone authorized by Ordinance , this Agreement governs Owner's right to develop the Property pursuant to the RM- 1800 zoning subject to the Public Benefits and the Development Regulation modifications defined in Section 3. 3. Project. The Owner shall develop the Property with a Townhouse community generally consistent with the Conceptual Plan (collectively, the "Project") subject to the following conditions: 3.1. Public Benefits. The Project shall provide the following public benefits: Ordinance No. 22-938 Page 9 of 20 Exhibit A a. Market -rate Townhouses. Development of the Property shall be limited to a Market -rate Townhouse community. Within sixty (60) days of issuance of the Certificate of Occupancy for the final Townhouse in the Project, the Owner shall execute and record a Map in the form required by RCW 64.90.245 and a Declaration in the form required by RCW 64.90.225, to create a residential condominium community that allows each individual Townhouse to be sold as a condominium; provided, however, nothing in this provision shall require Owner to sell any individual Townhouse as a condominium and the Property may operate as a "for rent" apartment community at the sole discretion of Owner. b. Dedicate garage parking. Each Townhouse shall provide privately accessible two (2) stall garage parking, which may be in a tandem configuration. C. Access to open space. Open space provided by the Project shall comply with FWRC 19.205.010 and shall provide access directly to private yards and/or balconies from each Townhouse. d. Amenities building. Owner shall design and construct any permanent leasing or sales office and common amenity building in the Project to be substantially in the same architectural style as the Project's Townhouses. 3.2. Development Regulation Modifications. The Parties agree that the Development Regulations shall apply to the City's review of the Project; provided however; as a component of this Agreement, the City approves the following modifications for the Development Regulations applicable to the Project: a. Parking. Each Townhouse shall have 2 garage parking stalls. Guest parking shall be surface -parked and provided at a 1 stall per 6 dwelling unit ratio. b. Minimum building separation. The minimum required separation between structures shall be 10 feet. 4. Vesting. Except as provided in Sections 4.1 and 4.2, and as may otherwise be prohibited by law, Owner shall be entitled to develop the Project under the Development Regulations and land use controls in effect as of the Effective Date of this Agreement ("Vested Code Provisions"), which shall apply for the Term of this Agreement. 4.1. Exemptions. The following are exempt from vesting under this Agreement: a. Plan review fees, inspection fees, and other land use application fees; b. Connection charges, general facilities charges and monthly service charges; c. Amendments to building, plumbing, fire and other construction codes adopted pursuant to RCW Ch. 19.27 or 19.27A; d. Impact fees authorized by state law; and Ordinance No. 22-938 Page 10 of 20 Exhibit A e. City enactments that are adopted pursuant to state or federal mandates (such as the City's NPDES Municipal Stormwater Permits) that preempt the City's authority to vest regulations; 4.2. Reserved Rights. Notwithstanding any provision in this Agreement, the City reserves authority pursuant to RCW 36.70B.170(4) to impose new or different Development Regulations to the extent required by a serious threat to public health or safety, as determined by the City Council after written notice and an opportunity to be heard by Owner. 4.3. Future Agreement Modifications. Amendments. and Procedure. Modification and/or amendment of this Agreement shall be governed by the procedures in FWRC 19.85.200—.210. 4.4. Further Discretionary Actions. Owner acknowledges that the Project requires further discretionary review by the City. Nothing in this Agreement shall be construed to limit the authority or obligation of the City to hold legally required public hearings for the Project, or otherwise limit the discretion of the City in reviewing the Project as authorized by the Development Regulations and terms of this Agreement. 5. Agreement to Run with the Land. The benefits and obligations of this Agreement shall run with the land and continue following the subdivision, leasing, or transfer of ownership to Owner's successors and assigns in accordance with Section 12. 6. Term. The term of this Agreement shall be ten (10) years from the Effective Date of this Agreement ("Expiration Date"). 7. Construction of Documents. In the event there are any conflicts or ambiguities between the terms of the body of this Agreement and the terms in any of the Exhibits, the terms of the body of this Agreement shall control. Recitals. The Recitals are incorporated herein as material terms of this Agreement. 9. Agreement Consistency with RCW 82.02.020. The Owner agrees that the improvements, mitigation payments and dedications established by this Agreement shall be consistent with the requirements of RCW 82.02.020 and mitigate the direct impacts that have been identified as a consequence of the Project. 10. Recardim4. This Agreement shall be recorded by Owner with the King County Recorder's Office. 11. Binding Effect;_ Assignability. This Agreement shall bind and inure to the benefit of the Parties hereto and their respective successors, heirs, legatees, representatives, receivers, trustees, successors, transferees and assigns. Owner shall have the right, in its sole discretion, to assign or transfer its rights, in whole or in part, under this Agreement. Owner shall provide City with written notice of any transfer or assignment at least thirty (30) days prior to the closing of any transaction. Ordinance No. 22-938 Page 11 of 20 Exhibii A 12. interp.retation. This Agreement has been reviewed and revised by legal counsel for both Parties, and no presumption or rule construing ambiguity against the drafter of the document shall apply to the interpretation or enforcement of this Agreement. Nothing herein shall be construed as a waiver of the City's constitutional and statutory powers. Nothing herein shall be construed or implied that the City is contracting away its constitutional and statutory powers, except as otherwise authorized by law. 13. Authorily. Each signatory to this Agreement represents and warrants that he or she has full power and authority to execute and deliver this Agreement on behalf of the Party for which he or she is signing, and that he or she will defend and hold harmless the other Parties and signatories from any claim that he or she was not fully authorized to execute this Agreement on behalf of the person or entity for whom he or she signed. Upon proper execution and delivery, this Agreement will have been duly entered into by the Parties, will constitute as against each Party a valid, legal and binding obligation that shall run with the land, and will be enforceable against each Party in accordance with the terms herein. 14. Delays. If either Party is delayed in the performance of its obligations in this Agreement due to Force Majeure, then performance of such obligation shall be excused for the period of delay. Force Majeure means extraordinary natural events or conditions such as war, riot, labor disputes, pandemic (including but not limited to COVID-19 or its variants) or other similar causes beyond the reasonable control of the obligated party. 15. Notices. All notices, requests, demands, and other communications called for or contemplated by this Agreement shall be in writing, and shall be duly given by mailing the same by certified mail, return receipt requested; or by delivering the same by hand, to the following addresses, or to such other addresses as the Parties may designate by written notice in the manner aforesaid: Owner: FIRST AVENUE SOUTH APARTMENTS LLC C/O Weidner Apartment Homes Attn: Kevin Colard 9757 NE Juanita Drive, Suite 300 Kirkland, WA 98034 Email: keyinCaiweidnencom And to its Attorney: McCullough Hill Leary, P.S. Attn: Ian Morrison 701 5th Avenue, Suite 6600 Seattle, WA 98104 Phone: 206-812-3380 Email: iorrison a,mhseattle.com City of Federal Way: Community Development Director Attn: Brian Davis 33325 8th Ave South Federal Way, WA 98003 Ordinance No. 22-938 Page 12 of 20 Exhibii ,4 Phone: 253-835-2612 Email: Brian.Davisgcityoffederalway. coin And to its Attorney: City Attorney's Office Attn: Kent van Alstyne 33325 8th Ave South Federal Way, WA 98003 Phone: 253-835-2562 Email: Kent.VanAIstynegcityoffedera lway.com 16. Dispute Resolution. It is the Parties' intent to work cooperatively and to resolve disputes in an efficient and cost-effective manner. All disputes arising out of or relating to this Agreement shall be resolved as follows: 16.1. Settlement Meeting. If any dispute arises between the parties relating to this Agreement, then the parties shall meet and seek to resolve the dispute, in good faith, within ten (10) days after a Party's request for such a meeting. The City shall send the Community Development Director, or a designee with information relating to the dispute, and Owner shall send an owner's representative or person with technical information or expertise related to the dispute. 16.2. Mediation. If the Parties cannot resolve the issue within ten (10) days then they shall mediate the matter using a mediator from Judicial Dispute Resolution, LLC or if that entity fails or declines to serve, such other similar service or organization as agreed by the parties, or as appointed by the court if the parties cannot agree (collectively "JDR"), within seven (7) days of their failure to agree pursuant to Section 16. L The Parties shall evenly split any fees charged by JDR, regardless of the outcome of the mediation. Each party shall bear its own attorneys' fees in connection with the mediation. If the Parties have still not resolved the matter following the mediation, then and only then shall judicial action be permitted. 17. Governing Law and Venue. This Agreement shall be governed by and construed in accordance with the laws of the State of Washington. To the extent permitted, venue for any judicial action arising out of or relating to this Agreement shall lie in King County Superior Court. 18. Specific Performance. The Parties specifically agree that damages are not an adequate remedy for breach of this Agreement and that the Parties are entitled to compel specific performance of all material terms of this Agreement by any Party in default hereof. All terms and provisions of this Agreement are material. 19. Attorneys' fees. In any judicial action to enforce or determine a party's rights under this Agreement, the prevailing party (or the substantially prevailing party, if no one party prevails entirely) shall be entitled to reasonable attorneys' fees, expert witness fees, and costs, including fees and costs incurred in the appeal of any ruling of a lower court. Ordinance No. 22-938 Page 13 of 20 Exhibit A 20. No Third -Party Beneficiary. This Agreement is made and entered into for the sole protection and benefit of the parties hereto and their successors and assigns. No other person shall have any right of action based upon any provision of this Agreement. 21. Severability. This Agreement does not violate any federal or state statute, rule, regulation or common law known; but any provision which is found to be invalid or in violation of any statute, rule, regulation or common law shall be considered null and void, with the remaining provisions remaining viable and in effect. 22. Cooperation in Execution of Documents. The Parties agree to properly and promptly execute and deliver any and all additional documents that may be necessary to render this Agreement practically effective. This Paragraph shall not require the execution of any document that expands, alters or in any way changes the terms of this Agreement. 23. Exhibits. This Agreement includes the following exhibits which are incorporated by reference herein: Exhibit A — Legal Description of Property Exhibit B — Conceptual Plan 24. Full Understanding. The Parties each acknowledge, represent and agree that they have read this Agreement; that they fully understand the terms thereof, that they have had the opportunity to be fully advised by their legal counsel and any other advisors with respect thereto; and that they are executing this Agreement after sufficient review and understanding of its contents. 25. No Joint Venture. This Agreement is not intended to and nothing in this Agreement shall create any partnership, joint venture or other arrangement between the Parties. 26. Final and Complete Agreement. This Agreement is integrated and constitutes the final and complete expression of the Parties on all subjects relating to the development of the Property. This Agreement supersedes and replaces all prior agreements, discussions and representations on all subjects discussed herein, without limitation. No Party is entering into this Agreement in reliance on any oral or written promises, inducements, representations, understandings, interpretations or agreements other than those contained in this Agreement and the exhibits hereto. [SIGNATURE PAGE FOLLOWS] Ordinance No. 22-938 Page 14 of 20 Exhibit A IN WITNESS WHEREOF, the parties have executed this Agreement on the date first set forth above. FIRST AVENUE SOUTH APARTMENTS LLC, a Washington limited liability company By: Name: Its: CITY OF FEDERAL WAY, a Washington municipal code city Jim Ferrell, Mayor ATTEST: Stephanie Courtney, CMC, City Clerk APPROVED AS TO FORM: Ryan Call, City Attorney Ordinance No. 22-938 Page 15 of 20 Exhibit A STATE OF WASHINGTON ) ) ss. COUNTY OF ) On this day personally appeared before me . , to me known to be the of First Avenue South Apartments LLC that executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said limited liability company, for the uses and purposes therein mentioned, and on oath stated that he/she was authorized to execute said instrument. GIVEN my hand and official seal this day of , 20 Notary's signature Notary's printed name Notary Public in and for the State of Washington. My commission expires Ordinance No. 22-938 Page 16 of 20 Exhibit A EXHIBIT A LEGAL DESCRIPTION Lot 1 of the revised King County Short Plat 1075046, Recording #7706100878. Ordinance No. 22-938 Page 17 of 20 Exhibii A EXHIBIT B CONCEPTUAL PLAN Ordiiianc'e .A'o. 22-938 Page 18 of 20 W15 _ I - Scheme P New site area 5.8682961 ac Allowed dwelling unit density 24 /ac Total allowed units 140 unit3 Building Count 20 Dwelling Unit Count 130 Unit Parking Stalls 260 Guest Parking rate 26 1:5 Guest Parking stalls 22 Required Private Open Space per unit 20O sf Required Common Open Space per unit 200 sf Required Private Open Space 26000.00 sf Proposed Private Open Space 26000.00 sf Required Common Open Space 26000.00 sf Proposed Common Open Space 35186.98 sf Required Contiguous Common Open Space 13000.00 sf Proposed contiguous Common Open Space 13771.00 sf Required Playground Area 2600 sf Proposed Playground Area 3000 sf Impervious Surface Roads, Parking, and Sidewalks 66448 sf Vault 13950 sf Buildings 103721 sf Misc 10496 sf Total 194615 sf �" - ------------ ------- -- SCALE: 1161" = V-0m" , SITE PLAN - SCHEME P FREIHEIT FEDERAL WAY, WA 2022.03.15