Loading...
08-10-2021 Hillside PlazaCity of Federal Way v. Hillside Plaza Associates, LLC City Council Meeting August io, 2o21 CITY OF Federal Way Background In 1996, an OEA was entered into to control the rights and responsibilities of the property owners to develop and operate a cohesive shopping center. The City owns property encumbered by the OEA. The OEA is incompatible with most of the uses envision by the City. The Council authorized condemnation litigation after several years of negotiations stalled with the other property owner, Hillside Plaza Associates, LLC. The parties continued to negotiate during litigation and have reached the following settlement pending council approval. New reciprocal easement to cover road maintenance, utility access and pedestrian access if the property is redeveloped. Payment of $600,00o to extinguish the prior OEA. Mayor's Recommendation Approve the settlement in the matter of City of Federal Way a Hillside Plaza Associates, LLC. Questions,,?