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AG 24-084 - FEDERAL WAY PLAZA, INCRETURN TO: PW ADMIN EXT: 2700 ID #: 4450 (Template - 4410) CITY OF FEDERAL WAY LAW DEPARTMENT ROUTING FORM 1. ORIGINATING DEPT/DIV: PUBLIC WORKS / Deputy Director _ 2. ORIGINATING STAFF PERSON: Desiree Winkler EXT: 2711 3. DATE REQ. ON: .3. TYPE OF DOCUMENT (CHECK ONE): ❑ CONTRACTOR SELECTION DOCUMENT (E.G., RFB, RFP, RFQ) ❑ PUBLIC WORKS CONTRACT ❑ SMALL OR LIMITED PUBLIC WORKS CONTRACT ❑ PROFESSIONAL SERVICE AGREEMENT ❑ MAINTENANCE AGREEMENT ❑ GOODS AND SERVICE AGREEMENT ❑ HUMAN SERVICES / CDBG ❑ REAL ESTATE DOCUMENT ❑ SECURITY DOCUMENT (E.G. BOND RELATED DOCUMENTS) ❑ ORDINANCE ❑ RESOLUTION ❑ CONTRACT AMENDMENT (AG#): ❑ INTERLOCAL ® OTHER Right of Entry Agreement 4. PROJECT NAME: City Center Access Project - ROW Acquisition - Parcel 2501200040 5. NAME OF CONTRACTOR: Federal Way Plaza Ince _ ADDRESS: 5506 Varco Rd. NE. Tacoma, WA 98422 TELEPHONE: 253-927-2094 E-MAIL: FAX: SIGNATURE NAME: Beth L.atsls TITLE: Governor 6. EXHIBITS AND ATTACHMENTS: ❑ SCOPE, WORK OR SERVICES ❑ COMPENSATION ❑ INSURANCE REQUIREMENTS/CERTIFICATE ❑ ALL OTHER REFERENCED EXHIBITS ❑ PROOF OF AUTHORITY TO SIGN ❑ REQUIRED LICENSES ❑ PRIOR CONTRACT/AMENDMENTS CFW LICENSE # BL, EXP. 12/31`/_ UBI # . EXP. _/ / 7. TERM: COMMENCEMENT DATE: TBD 'b[hu ts"j Vr COMPLETION DATE: 12/31 /25 8. TOTAL COMPENSATION: $ n/a (INCLUDE EXPENSES AND SALES TAX, IF ANY) (IF CALCULATED ON HOURLY LABOR CHARGE - ATTACH SCHEDULES OF EMPLOYEES TITLES AND HOLIDAY RATES) REIMBURSABLE EXPENSE: ❑ YES ❑ NO IF YES, MAXIMUM DOLLAR AMOUNT: $ IS SALES TAX OWED; ❑ YES ❑ NO IF YES, $ PAID BY: ❑ CONTRACTOR ❑ CITY RETAINAGE: RETAINAGE AMOUNT: ❑ RETAINAGE AGREEMENT (SEE CONTRACT) OR ❑ RETAINAGE BOND PROVIDED O PURCHASING: PLEASE CHARGE TO: 9. DOCUMENT / CONTRACT REVIEW INITIAL / DATE REVIEWED INITIAL / DATE APPROVED ❑ PROJECT MANAGER ❑ DIVISION MANAGER d DEPUTY DIRECTOR DSW 3/12/24 6 DIRECTOR EJW 3/14/2024 ❑ RISK MANAGEMENT (IF APPLICABLE) 6 LAW DEPT KVA 3/14/2024 10. COUNCIL APPROVAL (IF APPLICABLE) SCHEDULED COMMITTEE DATE: COMMITTEE APPROVAL DATE: SCHEDULED COUNCIL DATE: COUNCIL APPROVAL DATE: 11. CONTRACT SIGNATURE ROUTING ❑ SENT TO VENDOR/CONTRACTOR DATE SENT: DATE REC' D-. ❑ ATTACH: SIGNATURE AUTHORITY, INSURANCE CERTIFICATE, LICENSES, EXHIBITS ❑ CREATE ELECTRONIC REMINDER/NOTIFICATION FOR 1 MONTH PRIOR TO EXPIRATION DATE (INCLUDE DEPT. SUPPORT STAFF IF NECESSARY AND FEEL FREE TO SET NOTIFICATION MORE THAN A MONTH IN ADVANCE IF COUNCIL APPROVAL IS NEEDED.) INITIAL / DATE SIGNED ❑ FINANCE DEPARTMENT 11 VGIGNATORY (MAYOR OR DIRECTOR)8 CITY CLERK❑ ASSIGNED AG # —q O ❑ SIGNED COPY RETURNED DATE SENT: COMMENTS: EXECUTE " I " ORIGINALS Template reviewed under ID #4410 1 /2020 RIGHT OF ENTRY AGREEMENT This Eight of Entry Agreement ("Agreement") is dated effective this Xh day of , 2024 ("Effective Date"). The parties ("Parties") to this Agreement are Federal Way Plaza Inc a Washington corporation ("Grantor") and the City of Federal Way, a Washington municipal corporation ("City"). RECTTATS A. WHEREAS, the Grantor is the fee title owner of real property located at 1814 324t` Pl, Federal Way, King County, Washington 98003 Tax Parcel No. 2501200040 ("Property"); and B. WHEREAS, the City desires to obtain the Grantor's permission to enter the Property, on a temporary basis, to conduct a survey for its City Center Access project ("Work"); and C. WHEREAS, the Parties wish to enter into this Agreement whereby the Grantor will allow the City to enter the Property, on a temporary basis, for the purpose of performing the Work; NOW, THEREFORE, the Parties do hereby agree as follows: AGREEMENT 1. Right of Entry. The Grantor hereby grants the City and its agents, employees, and contractors, together with all associated equipment, the temporary right to enter onto the Property, for the purpose of performing the Work, and for no other purpose. 2. Term. The term of this Agreement shall commence upon the effective date of this Agreement and shall continue until the completion of the Work, but in any event no later than December 31, 2025 ("Term"). This Agreement may be extended for additional periods of time upon the mutual written agreement of the Grantor and the City. 3. Indemnification. The City agrees to indemnify, defend and hold the Grantor harmless from any and all claims, demands, losses, actions and liabilities (including costs and attorney fees) to or by any and all persons or entities, including without limitation, their respective agents, licensees, or representatives, arising from, resulting from or connected with this Agreement to the extent solely caused by the negligent acts, errors, or omissions of the City, its employees or agents. 4. Com liance with Laws. The City shall, in all activities undertaken pursuant to this Agreement, comply and cause its contractors, agents and employees to comply with all federal, state and local laws, statutes, orders, ordinances, rules, regulations, plans, policies and decrees. 1 3/2020 5. Liens. The City shall not permit to be placed against the Property, or any part thereof, any design professionals', mechanics', materialmen's, contractors', or subcontractors' liens with regard to the City's actions upon the Property. The City agrees to hold the Grantor harmless for any loss or expense including reasonable attorneys' fees and costs, arising from any such liens which might be filed against the Property. 6. Not Real Property Interest. It is expressly understood that this Agreement does not in any way whatsoever grant or convey any permanent easement, lease, fee or other interest in the Property to the City. This Agreement is not exclusive and the Grantor specifically reserves the right to grant other rights of entry to the Property. 7. Repairs and Restoration. Following the completion of the Work, the City shall, to the extent reasonably practicable, restore any damage to the Property caused by the Work to a condition similar to its condition prior to such Work. 8. Attorneys' Fees. In the event either of the Parties defaults on the performance of any terms of this Agreement or either Party places the enforcement of this Agreement in the hands of an attorney, or files a lawsuit, each Party shall pay all its own attorneys' fees, costs and expenses. The venue for any dispute related to this Agreement shall be King County, Washington. 9. Continuing Liability. No termination of this Agreement shall release the City from any liability or obligation hereunder resulting from any acts, omissions or events happening prior the termination of this Agreement. 10. Entire Agreement_ This Agreement contains all of the agreements of the Parties with respect to any matter covered or mentioned in this Agreement and no prior agreements shall be effective for any purpose. 11. Modification. No provision of this Agreement, including this provision, may be amended or modified except by written agreement signed by the Parties. 12. Governing This Agreement shall be made in and shall be governed by and interpreted in accordance with the laws of the State of Washington. 13. Time is of the Essence-, Entire AgKeement. Time is of the essence of the terms and provisions of this Agreement. This Agreement constitutes the entire agreement between the Parties with respect to the matters contained herein, and no alteration, amendment or any part thereof shall be affective unless in writing signed by both parties sought to be charged or bound thereby. 14. Full Force and Effect. Any provision of this Agreement that is declared invalid or illegal shall in no way affect or invalidate any other provision hereof and such other provisions shall remain in full force and effect. 2 3/2020 15. Assignment. Neither the Grantor nor the City shall have the right to transfer or assign, in whole or in part, any or all of its obligations and rights hereunder without the prior written consent of the other Party. 16. Author Each individual executing this Agreement on behalf of the Grantor and City represents and warrants that such individuals are duly authorized to execute and deliver this Agreement on behalf of the Grantor or the City. 17. Remedies Cumulative. Any remedies provided for under the terms of this Agreement are not intended to be exclusive, but shall be cumulative with all other remedies available to the Grantor at law, in equity or by statute. 18. Counterparts. This Agreement may be executed in any number of counterparts, which counterparts shall collectively constitute the entire Agreement. IN WITNESS WHEREOF, the Parties hereto have executed this Agreement. CITY OF FEDERAL WAY: By: _dg'-2t� Ferrell, Mayor DATE: �+ ATTEST: St h e Courtney, CMC, ity Clerk APPROVED AS TO FORM: �r J./Ryan Call, City Attorney 3 3/2020 GRANTOR: — Federal Way Plaza Inc By: /0• (Signature) (Name) (Address) 110 X53 -gU 7�— a o 9 - (Phone) 3/2020 4/24/24, 7:54 AM Corporations and Charities System BUSINESS INFORMATION Business Name: FEDERAL WAY PLAZA INC UBI Number: 601 216 051 Business Type: WA PROFIT CORPORATION Business Status: ACTIVE Principal Office Street Address: 1814 S 324TH PL, FEDERAL WAY, WA, 98003-8582, UNITED STATES Principal Office Mailing Address: 5506 VARCO RD NE, TACOMA, WA, 98422-1816, UNITED STATES Expiration Date: 12/31/2024 Jurisdiction: UNITED STATES, WASHINGTON Formation/ Registration Date: 12/04/1989 Period of Duration: PERPETUAL Inactive Date: Nature of Business: REAL PROPERTY INVESTMENT REGISTERED AGENT INFORMATION Registered Agent Name: BETH ANN LATSIS Street Address: 5506 VARCO RD NE, TACOMA, WA, 98422-0000, UNITED STATES Mailing Address: 5506 VARCO RD NE, TACOMA, WA, 98422-0000, UNITED STATES GOVERNORS Title Governors Type Entity Name First Name Last Name GOVERNOR INDIVIDUAL BETH LATSIS GOVERNOR INDIVIDUAL MICHAEL LATSIS GOVERNOR INDIVIDUAL ELIZABETH LATSIS https://ccfs.sos.wa.gov/? q1=1*1euutvh* as*MiAwOTk2NTkzOC4xNigvNT150DE3* qa 7B08VE04WV*MTcwOTkxODEONv42Ni4xLiE3MDk5MTgxOT... 1/1 4/24/24, 7:55 AM King County Department of Assessments: eReal Property Refer . Kin! Dist Lev ^� �--�- ADVERTISEMENT I•np.-, •.I• '•lap lhi�l'rnpu l� �d.... ..I 1: 1 II��� Linl LinE • Pro! PARCE Parcel Number Name Site Address Legal Year Built Building Net Square Footage Construction Class Building Quality Lot Size Present Use Views Waterfront 250120-0040 FEDERAL WAY PLAZA INC 1814 S 324TH PL 98003 FEDERAL WAY PLAZA SOUTH "SUBJ TO TRANS LN ESM7 BUILDING 1 1974 6096 WOOD FRAME AVERAGE 20001 Medical/Dental Office No l ADVERTISEMENT TOTAL LEVY RATE DISTRIBUTION ;Tax Year: 2024 Levy Code: 1205 Total Levy Rate: $10.58498 Total Senior Rate: $5.35681 4l r�Lsvy distribution pie chart 55.94% Voter Approved Clirk here to see i vy distribution Comparison by_year: TAX ROLL HISTORY Valued Tax Appraised Appraised Appraised Appraised Imps Taxable Land Value Taxable Imps Value Taxable Year Year Land Value ($) Imps Value ($) Total ($) Increase ($) ($) ($) Total ($) 2023 2024 400,000 J1941,100 11,341,100 0 400.000 941,100 1,341,100 2022 2023 360,000 1859,200 1,219.200 0 360,000 859,200 1,219,200 2021 2022 320,000 1807.700 1,127,700 10 320,000 807,700 1,127?00 2020 2021 320,000 ;807,700 1.127,700 0 320,000 807.700 1,127,700 2019� 2020 280,000 1786,800 1,066,800 10 280,000 786,600 1,066,800 2018 2019 240,000 672,000 912,000 0 240,000 672,000 912,000 2017 2018 240,000 f374,800 614,800 0 240,000 '374,800 614,800 2016 2017 240,000 374.800 614,800 0 240,000 374,800 614,800 2015 2016 240,000 1374,800 614,800 0 240,000 374,800 614,800 2014 2015 240,000 374,800 6614.800 0 240,000 1374,800 614,800 2013 2014 240,000 374,800 814,800 0 240,000 374,800 614,800 9012 2013 200,000 359,100 559,100 0 200,000 359,100 559,100 2011 2012 200,000 1359,100 559,100 0 200,000 359,100 559,100 2010 '2011 200,000 f 1392� T 592,000 :0 200,000 392,000 .592,000 2009 2010 '200,000 424,900 624,900 40 200,000 ;424,900 1624,900 2008 2009 '200,000 1424,900 824900 jo 200,000 i424,900 624,900 2007 2008 ;180,000 444,900 :624,900 j0 180,000 444,900 624,900 2006 2007 180,000 375,500 555,500 10 180,000 375,500 1555,500 2005 2006 - - 170,000 329,900 1499,900 10 170,000 329,900 1499,900 - 2004 2005 170,000 ] 329,900 ' 499,900 10 170,000 329,900 499,900 2003 2004 170,000 1376,400 546,400 _ - I0 170,000 376,400 1546,400 2002 2003 170,000 376,400 .546,400 10 170,000 376,400 546,400 2001 :2002 170,000 1376,400 546,400 0 170,000 376,400 546,400 2000 2001 170,000 2fi4,000 434,000 0 170,000 264,000 . 434,000 01999 2000 170,000 ~1264,000 434,000 0 170,000 264,000~ 1434,000 Wa: pep Rev link) • Wag tBoa ARF link) • Boa AP_F. • Dist • Wal • Rec Sca sun maF Sca plat httDs:11blue.kinacounty.com/Assessor/eReaIPror)eRVlDashboard. asDx?ParceINbr-2501200040 1 /2 4/24/24; 7:55 AM King County Department of Assessments: eReal Property 1998 1999 1170,000 1264,000 1997 1998 0 0 1996 1997 0 10 1994 1995 0 10 1992 1993 0 0 1990 111991 1988 1989 0 0 0 0 1986 1987 1984 1985 1982 1983 0 0 0 10 10 10 434,000 0 0 0 0 0 0 10 10 0 10 170,000 170,000 170,000 170,000 160,000 140,000 140,000 140.000 130,800 130.800 264,000 434,000 247,500 417,500 247,500 417,500 247,500 417,500 240,000 1400,000 253,000 393.000 253.000 1393,000 253,000 393,000 288,400 419,200 288,400 419,200 0 0 0 0 0 0 0 0 0 https://blue.kingcountv.com/Assessor/eRealPropertv/Dashboard.aspx?ParceINbr=250l200040 2/2