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HomeMy WebLinkAboutAD04-048 - Other - Kent Station, LLC - Release of Document - 07/07/2016 Records a rat �r Document WgSHINGi GH CONTRACT COVER SHEET This is to be completed by the Contract Manager prior to submission to city Clerks Office. All portions are to be completed. Yf you have questions, please contact City Clerk's Office. Vendor Name: (Cent Station L.t..0 Vendor Number: JD Edwards Number Contract Number: AD()L-(- Nq- t�) { This is assigned by City Clerk's Office Project Name: Kent Station Development Description: ❑ Interlocal Agreement ❑ Change Order ❑ Amendment ❑ Contract ❑ Other: Amended and Restated Declaration of Covenants, Conditions and Restrictions for Kent Station Contract Effective Date: 7/7/16 Termination Date: N/A Contract Renewal Notice (Days): N/A Number of days required notice for termination or renewal or amendment Contract Manager: Kim Komoto Department: Law Contract Amount: N/A Approval Authority: ❑ Department Director ® mayor ❑ city Council Detail: (i.e. address, location, parcel number, tax id, etc.): As of: 08/27/14 i AFTER RECORDING RETURN DOCUMENT TO: Investco 1302 Puyallup Street, Suite A Sumner, WA 98390 Attn:Legal Department REFERENCE NUMBER OF DOCUMENT TO BE RELEASED: 20040629001158 GRANTOR(S): Kent Station L.L.C., a Washington limited liability company, as Developer("Buyer" and"Developer") GRNAl'EE(S): City of Kent, a Washington municipal corporation, as owner of the Property("Seller" and"City") ABBREVIATED LEGAL DESCRII'TION: Portion of NW Ya of NE '/a S24,T22N,R4E, W.M., King County,together with portion of vacated sheet adjoining ASSESSOR'S TAX PARCEL NO.: 3830970010; 3830970020; 3830970030; 3830970040; . 3830970050; 3830970060;3830970070; 3830970080; 3830970090; 3830970100; 3830980010; 3830980020; 3830980030; 3830980040;3830980050; 3830980060; 3830980070 (Ptn.); 7142000000 (Ptn.) RELEASE OF DOCUMENT The Grantor of this Instrument do hereby release that certain MEMORANDUM OF PURCHASE AGREEMENT AND DEVELOPMENT AGREEMENT recorded under King County Auditor's File#20040629001156 as conditions of same have been fulfilled. SAID RELEASE IS A FULL RELEASE OF ALL LANDS DESCRIBED IN THE AUDITOR'S FILE NUMBER REFERENCED HEREIN. Dated: 2016 [EXECUTED ON THE FOLLOWING PAGE] I i [SIGNATURE PAGE] CITY OF KENT, a Washington municipal KENT STATION L.L.C., a Washington limited corporation liability company By:____ _ By: Tarragon L.L.C., a Washington limited Nang Su tte ooke liability company, its Manager Title:-Mavor By: Dennis L. Rattie, President STATE OF WASHINGTON ) )ss. COUNTY OF I certify that I know or have satisfactory evidence that the person appearing before me and malting this acknowledgment is the person whose true signature appears on this document. On this Z day of 2016, before me personally appeared Suzette Cooke, to me known to be the Mayor of City of Kent, a Waslrir gton municipal corporation, the individual that executed the foregoing instrument and acknowledged the said instrument to be the fiee and voluntary act and deed of said corporation,for the uses and purposes therein mentioned,and on oath stated that he/she is authorized to execute said instrument. Q� 5'�vIY,HAND AND OFFICIAL SEAL hereto �af�fixeeddtthe day and year first above written. N � c a Not4ry Public 'n and f the State f Washington, u 3 residing at: 7 y, q My coumnission ex res:' Is-, 7 OF STATE OF WASHINGTON ) )ss. COUNTY OF ) I certify that I know or have satisfactory evidence that the person appearing before me and malting this acknowledgment is the person whose true signature appears on this document. On this day of , 2016, before me personally appeared Dennis L. Rattle, to me known to be the President of Tarragon L.L.C.,as Manager of Kent Station L.L.C.,a Washington limited liability company, the individual that executed the foregoing instrument and acknowledged the said instr unent to be the free and voluntary act and deed of said company, for the uses and purposes therein mentioned, and on oath stated that he is authorized to execute said instrument. WITNESS MY HAND AND OFFICIAL SEAL hereto affixed the day and year fist above written. Notary Public in and for the State of Washington, residing at : My commission expires: REQUEST FOR MAYOR'S SIGNATURE ® Print on Cherry-Colored Paper I�EAIT Routing Information: (ALL REQUESTS MUST FIRST BE ROUTED THROUGH THE LAW DEPARTMENT) Approved by Director_ li Originator: Phone (Originator): Kim Komoto 5788 Date Sent: 7/7/16 Date Required: ASAP Return Signed Document to: Kim Komoto Contract Termination Date: N/A VENDOR NAME: Date Finance Notified: Kent Station, L.L.C. (only required on contracts /A 20 000 and over or on any Grant) DATE OF COUNCIL APPROVAL: N/A Date Risk Manager Notified:N/A (Required on Non-City Standard Contracts A reements Has this Document been Specifically Account Number: N/A Authorized in the Budget? YES V NO Brief Explanation of Document: Memorandum of Purchase and Sale Agreement. The development of Kent Station has been completed. The Memorandum of Purchase Agreement and Development Agreement was released with respect to the Kent Station project, except for parcel 3830980070 for the Dwell Apartments. Since the Dwell Apartments have now been completed, this Memorandum of Purchase Agreement and Development Agreement can be fully released. All Cont+EWrJt61U12Ugh The Law Department (This area�o bo t�)J@il@ed by the Law Department) Received: �� Approval of Law Dept.: , Law Dept. Comments: A Date Forwarded to Mayor: KENT 1 `, -7 ,( -� ,. Shaded Areas To Be Completed By Administration Staff EI ay ri l5lb Received: aty oil Kent Recommendations and Comments: it O 6, 0ryo Disposition: a e Returned, JUUW1�Fj_7 o- aim;Se 11 11,ae, esaemm.ow — CITY OF KENT CITY CLERK