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HomeMy WebLinkAboutCAG2021-340 - Original - Marquee on Meeker, LLC - Marquee on Meeker Development Agreement - 07/29/2021FOR CITY OF KENT OFFICIAL USE ONLY Agreement Routing Form For Approvals, Signatures and Records Management This form combines & replaces the Request for Mayor's Signature and Contract Cover Sheet forms. (Print on pink or cheny colored paper) Sup/Mgr: Dir Asst: Dir/Dep: KENT (Optional) WasHrNcroN G oLo.o. Originator: K. Finn on behalf of P. FitzPatrick Department: 'Law Date Sent: lleqlzaz\ Date Required A5A? Authorized to Sign: lTmayor or Designee Date of Council Approval: Budqet Account Number: Budset? flves[ruo Grant? Yesl-l ruo Type: l\/tr co y G ELor- E +.tro EooL cD Vendor Name: Marquee on Meeker, LLC Category: License Vendor Number: 2098575 Sub-Category: Other ProjectName: 1431quee On Meeker DevelOpment Agreement ProjectDetails:,License that grants the vendor the right to install several right-of-way improvements in the right of way related to the development of the former Riverbend Par 3 ProPertY' Agreement Amount: Start Date: Basis for Selection of Contractor: Othef* Memo to Mayor must be attached Termination Date: Local Business?es lf meets requirements per KCC 3.70,100, please complete "Vendor Purchase-Local Exceptions" fom on Cityspace. Business License Verification ! v"r!rn-ProcessIrxempt (KCC s.01.045) Notice required prior to disclosure? No Contract Number: Comments; s (b 'k+Wb 9Wd *Qltl,,wn 0n'pJ +o -(VtolrtLst, Date Received: City Attorney: 7 /29/2L Date City Clerk's OfficeRouted: Mayor's Office UIoL Jtto ctlc=gtE =Eo oct adccw22373 1 20 Visit Documents.KentwA.gov to obtain copies of all agreements rev. 202 1 05 1 3 CAG2021-340 7/29/21 LIMITED LICENSE BETWEEN THE CITY OF KENT AND MARQUEE ON MEEKER LLC PARTIES THIS LIMITED LICENSE ("License") is dated for reference purposes as of JulyA_, 2O2I and is between the CITY OF KENT, a Washington Municipal Coiporation ("City"), and MARQUEE ON MEEKER LLC, a Washington limited liability company ("Licensee"). RECITALS 1. Licensee seeks to install several right-of-way improvements at its Marquee on Meeker development in the City of Kent' Z. Licensee has requested that the City grant a permit to use City right- of-way to install and maintain these improvements and to undertake responsibility and liability for any negligent performance of the same' 3. The City has agreed to issue this license pursuant to the following conditions. NOW, THEREFORE, THE CITY AND LICENSEE AGREE AS FOLLOWS: LICENSE 1. License Granted. The City grants this License ("License") for a period of ten (10) years from the Effective Date (the "Term") for Licensee to install, maintain, operate, use, repair, replace and remove landscaping, sidewalk paving, ADA ramps, parking facilities, and other fixtures and amenities at the Marquee on Meeker devetopment ("Project") across, along, in, upon, and under a section of the City's right-of-way described in Exhibit A (the "Licensed Property"). City and Licenses agree that this License shall automatically renew at the end of the Term for successive ten (10) year periods until this License is terminated as provided in Section 3 below. A general description and visual representation of the plans and specifications for the landscaping, sidewalks, ADA ramps' parking and other improvements, and related fixtures and amenities, for the Project is attached as Exhibit B ("Improvements"). This License is subject to all the terms and conditions established below. Z, Damage to Property and Restoration. Licensee shall repair any damage to City-owned property (including but not limited to the Licensed Property) caused by the installation, construction, operation, maintenance, removal, repair, reconstruction, replacement, use, and inspection of the Improvements. Upon revocation, termination, or expiration of this License, the Improvements shall remain as constructed and be available for use by the public. - 1 - Limited License Agreement v3 3. Revocation and Termination. The intent of this License is to authorize Licensee to install, maintain, operate, use, repair, replace and remove the Improvements on the Licensed Propefty, which is City right-of-way, and which rignt-of-way constitutes a valuable property interest owned by the City. This Lilense does not grant an estate in the land described as the Licensed Property; it is not an easement; it is not a franchise; it is not exclusive; and it does not exclude the City from full possession of the Licensed Property. As a License upon real property, it is revocable; provided, however, that pursuant to the terms of the bevetopment Agreement between City and Licensee concerning the Project dated as of August 23, 20t7, and recorded under King County recording no' 20180314000845 (the "Development Agreement"), City agrees not to revoke or otherwise terminate the License as long as any of the multifamily improvements for the Marquee on Meeker development as described in the Development Agreement are under construction or exist at the Project and the Licensee is not in default with respect to any of its duties or obligations herein or in the Development Agreement (the "project buration Period"). City shall provide Licensee with at least thirty (30) ialendarlays'written notice of termination or revocation. Following a revocation or termination of this License pursuant to this Section 3, Licensee waives any right it may have to any claim for damages of any kind incurred as a result of the City's removal of all or part of the Improvements. 4. permits Required. The City's grant of this License does not release Licensee from any of its obligations to obtain and comply with all applicable local, state, and federal permits necessary to install, construct, operate, maintain, remove, repair, reconstruct, replace, use, and inspect the Improvements. Licensee's failure to comply with this Section 4 shall constitute grounds for revocation by the City, if Licensee does not promptly cure its noncompliance following written notice from the City of such noncompliance. 5. Maintenance. Licensee shall operate and maintain the Improvements and the Licensed Property during and after construction in a clean, well-kept, orderly and safe condition in accordance with City standards. Licensee shall promptly make repairs at Licensee's cost, as neceSsary, to ensure the improvements and the Licensed Property are kept in good condition in accordance with City standards. The City's satisfaction under this Section 5 shall in no way affect Licensee's duties as set forth in Section 7' 6. Emergency. In the event of any emergency in which any portion of the Improvements breaks, becomes damaged, or in any other way becomes an immediate danger to the property, life, health, or safety of any individual, Licensee shall immediately take the proper emergency measures to remedy the dangerous condition without first applying for and obtaining a permit as required by this License. However, Licensee shall notify the City of the emergency as soon as reasonably possible and this emergency work shall not relieve Licensee from its obligation to obtain all permits necessary for this purpose' -2-Limited License Agreement v3 7. Indemnification. indem nification requi rements : Licensee shall comply with the following 7.L Licensee shall defend, indemnify, and hold the City, its officers, officials, employees, agents, assigns, and volunteers harmless from any and all claims, actions, injuries, damages, losses, or suits, including all reasonable legal costs, witness fees, and attorney fees, arising out of or in connection with the pedormance of any of Licensee's rights or obligations granted by this License, including maintenance activities, except to the extent caused by the sole or concurrent negligence of, or the willful misconduct of, the City, its employees, agents, contractors, or invitees. 7.2 The City's inspection or acceptance of any of Licensee's work when completed shall not be grounds to avoid any of these covenants of indemnification. 7.3 These indemnification obligations shall extend to any claim, action or suit that may be settled by compromise, provided that Licensee shall not be liable to indemnify the City for any settlement agreed upon without the consent of Licensee; however, if Licensee consents to the agreed upon settlement, the Licensee shall indemnify and hold the City harmless as provided for in this Section 7 by reason of that settlement, Moreover, if Licensee refuses to defend the City against claims by third parties when required to do so under this Section 7, Licensee shall indemnify the City regardless of whether the settlement of such claims is made with or without Licensee's consent. 7.4 In the event that Licensee refuses to accept tender of defense in any claim, action, or suit by a third pafty pursuant to this Section 7 and if Licensee's refusal is subsequently determined by a court having jurisdiction (or such other tribunal that the parties shall agree to decide the matter) to have been a wrongful refusal, then Licensee shall pay all the City's costs for defense of the action, including all reasonable legal costs, witness fees, and attorney fees and also including the City's costs, including all legal costs, witness fees and reasonable attorney fees, for recovery under this Section 7 indemnification clause. 7.5 The provisions of this Section 7 shall survive the expiration or termination of this License, 8. Insurance. Licensee shall procure and maintain for the duration of this License, insurance of the types and in the amounts described below against claims for injuries to persons or damage to property that may arise from or in connection with the performance of the work by Licensee. Licensee also agrees to require the same coverage of its agents, representatives, employees, contractors, subcontractors, consultants, subconsultants, or assigns performing work under the scope of this License. 3 Limited License Agreement v3 8.1 Before beginning work on the project described in this License, Licensee shall provide a Certificate of Insurance evidencing: 8.1.1 Automobile Liabilitv insurance with limits no less than g1,000,000 combined single limit per accident for bodily injury and property damage; and 8.1.2 Commercial General Liabilitv insurance written on an occurrence basis with limits no less than $2,000,000 combined single limit per occurrence and general aggregate for personal injury, bodily injury and propefty damage. Coverage shall include but not be limited to: blanket contractual; products/completed operations/broad form property damage; explosion, collapse and underground (XCU); and employer's liability' 8.1,3 Excess Liability insurance with limits not less than $2,000,000 per occurrence and aggregate' 8.2 Any payment of deductible or self-insured retention shall be the sole responsibility of Licensee. 8.3 The City shall be named as an additional insured on the insurance policy, as respects work performed by or on behalf of the Licensee and shall make its endorsement available for inspection by the Licensor. Licensor waives no rights and Licensee is not excused from perlormance if Licensee fails to provide Licensor with a paper copy of the endorsement naming the City as an additional insured. 8.4 Licensee's insurance shall contain a clause stating that coverage shall apply separately to each insured against whom claim is made or suit is brought, except with respects to the limits of the insurer's liability. 8.5 Licensee's insurance shall be primary insurance as respects the City, and the City shall be given thirty (30) calendar days prior written notice electronically and by United States mail of any cancellation, suspension or material change in coverage. 9. Modification. This License may not be modified, altered, or amended unless first approved in writing by the City and by Licensee. 10. Assignment. Licensee shall not assign all or any portion of its rights, benefits, or privileges, in and under this License in violation of any term or provision of the Development Agreement or any other agreement between City and Licensee with respect to the Project and in any event without prior written approval of the City, which approval will not be unreasonably withheld or delayed. Licensee shall, no later than thirty (30) days prior to the date of any proposed assignment, file written notice of intent to assign the License with the City together with the - 4 - Limited License Agreement v3 assignee's written acceptance of all terms and conditions of the License and promise of compliance, Notwithstanding the foregoing, Licensee shall have the right, without such notice or such written acceptance, to (a) mortgage its rights, benefits, and privileges in and under this License to any mortgage lender having or obtaining a lien on the Project, (b) assign all of the rights, benefits and, privileges, duties and obligations to (i) any subsidiary, parent, affiliate or company having common control with Licensee, or (ii) to any successor in interest to Licensee as an owner or tenant of all or any portion of the Project, so long as such transferee, assignee or successor assumes in writing all of the duties and obligations of Licensee set forth herein and written notice of same is provided to the City' From and after the later of the date that Licensee no longer owns any interest in the project or the date that Licensee provides City with the written assignment/assumption documents as required herein, Licensee shall have no responsibility for any obligations accruing after such date, and City shall look to Licensee's successor(s) in interest for obligations of the Project owner(s) accruing after such date, 11, Compliance with Laws. Licensee shall comply with all federal, state, and municipal laws, rules, and regulations that are applicable to this License. 12. Venue and Jurisdiction. This License shall be construed in accordance with the laws of the State of Washington. Venue and jurisdiction for the resolution of disputes shall be in the Superior Court for King County, Washington. In the event of claim or litigation regarding the enforcement of the terms of this License, each party shall be responsible for its own legal costs and attorney fees except as noted in Section 7. 13. Notices. All notices, requests, demands, or other communications provided for in this License, unless otherwise noted, shall be in writing and shall be deemed to have been given when personally delivered, or when sent by registered or certified mail, return receipt requested, to the addresses listed below for each party, or to such other person or address as either party shall designate to the other pafty in writing: CITY:LICENSEE: City of Kent Attn: City Clerk 220 Fourth Avenue South Kent, WA 98032 Marquee on Meeker LLC c/o Landmark Development GrouP 27tL West Valley Highway Notth Suite 200 Auburn, WA 98001 Attn: Brett Jacobsen Email : bjacobsen@fnw-inc.com 5 With a copy to: Limited License Agreement v3 Marquee on Meeker LLC c/o HAL Real Estate Inc. 2025 First Avenue, Suite 700 Seattle, WA 98121 Attn: Jonathan Manheim Email : imanheim @hal rea lestate.com And to: FKSDO Attn: Tom Read 901 5th Avenue, Suite 4000 Seattle, WA 98164 Email : tread@fksdo. com L4. No Waiver of Rights. Nothing in this License shall constitute a waiver of either party's right to challenge any portion of the License that is not in accordance with applicable federal, state and local laws. 15. Entire Agreement and Effective Date. This License contains the entire agreement between the parties and, in executing it, the City and Licensee do not rely upon any statement, promise, or representation, whether oral or written, not expressed in-this License. This License shall be effective upon the last day executed below (Effective Date). 16. Warranty of Authority to Execute. Each person executing this License warrants that he/she has the requisite authority to bind the party for whom that person is executing. L7. Memorandum. Promptly after the Effective Date, the parties agree to execute and record a memorandum of this Agreement in the form of attached Exhibit C. [signatures on following Page] -6-Limited License Agreement v3 This License is executed and shall become effective as of the last date signed below, CITY OF KENT By: Print Name: Its: Date LICENSEE MARQUEE ON MEEKER LLC, A Washington limited liability company Miss nks LLC, a Wa tn n imited liability By By I Print N e Its: Date managercom -7 -Limited License Agreement v3 STATE OF WASHINGTON ): ss. couNTY oF KING ) I hereby certify that I know or have satisfactory evidence that Dana Ralph is the person who appeared before me, and said person acknowledged that she signed this instrument, on oath stated that she is authorized to execute the instrument on behalf of the City of Kent as its Mayor, and such execution to be the free and voluntary act of such party for the uses and purposes mentioned in the foregoing instrument. -Notary Seal Must Appear Within This Box- IN WITNESS WHEREOF, I have hereunto set my hand and official seal the and year first abov written. \\ltt fiY4It \\o bo a 1ni37 NOTARY PUBLI , in and for te of Washington, residing My appointment exPires at fttt wA 8 Limited License Agreement v3 STATE OF WASHINGTON COUNTY OF Krn4r^ U On this day of 202L, before me, the undersigned, a Notary Public in and for the State Washington, duly commissioned and sworn personally appeared Brett Jacobsen,known to me to be the Manager of The Missing Links LLC, the Manager of MARQUE E ON MEEKER LLC, the limited iability company that executed the foregoing instrument,and acknowledged the said instrument to be the free and voluntary act and deed of said imited liability company, for the purposes therein mentioned, and on oath stated th at he/she was authorized to execute said instrument, I certify that I know or have satisfactory evidence that the person appearing before me and making this acknowledgment is the person whose true signature appears on this document, WITNESS my hand and official seal hereto affixed the day and year in the certificate above written. SS .J 1 J( I Crietioa loe Rolefib Nolary Fublic State of Warhington M y Appcinhenr E xit.. OnOnU24 uommtBsion Numla 20110790 gnature \,Qr- Print Name il,:lf ,il,:Y:|.:il?"?''j.?;SHf&1h',i{Eu My commission expires'-t f)nl1-ot4 9 Limited License Agreement v3 EXHIBIT A LEGAL DESCRIPTION OF THE LICENSED PROPERTY All that certain real property located in King County, Washington and described as follows: LOTS 1 AND 2 OF CITY OF KENT SHORT PLAT NO. SP-20L7-L, RECORDED UNDER RECORDING NO. 20L8032L900004, IN KING COUNTY, WASHINGTON. -10-Limited License Agreement v3 EXHIBIT B DESCRIPTION OF IMPROVEMENTS lmprovernenlr within the License Area include, but are not limited to, p*rking landscape, roekeries, lighting, ADA rarnps. utilities, walkways, walkway associated appurtenflnc€s, bollards, signage, ddveways" For detailed information on the improvements, please s€e all related approved plans arrd specifications on file with the City of Kent Cornmunity Developrnent Department. - 11 -Limited License Agreement v3 EXHIBIT C MEMORANDUM OF LICENSE AGREEMENT WHEN RECORDED RETURN TO: FKSDO Attn: Tom Read 901 5th Avenue, Suite 4000 Seattle, WA 98164 Document Title: Grantor: Grantee: Legal Description: MEMORANDUM OF LICENSE AGREEMENT CITY OF KENT MARQUEE ON MEEKER LLC Abbreviated Legal Description: Lots I and2, City of Kent SP No. SP-2017-1, Rec, 20180321900004 in King County, Washington Full Legal Description: See Exhibit A attached' Assessor's Tax Parcel Nos.t 232204-9093-02;232204-9093-93;232204-9094-01; 232204-9094-92 Reference Nos. of Documents Released or Assigned: Not applicable. MEMORANDUM OF LICENSE AGREEMENT This Memorandum of License Agreement is dated as of July 2021, and is by and between CITY OF KENT, a Washington Municipal Corporation ("Seller"), and MARQUEE ON MEEKER LLC, a Washington limited liability company' ("Buyer"). -L2-Limited License Agreement v3 L Agreement. Seller and Buyer have entered into a Limited License Agreement dated July_ , i021, concerning the real property described on attached Exhibit A (the "Property"). 2. Purpose. This Memorandum is prepared for the purpose of recordation only, and does not modify the Limited License Agreement in any way. SELLER: CITY OF KENT, a Washington Municipal Corporation By: Print Name: Dana Ralph Its: Mayor BUYER: MARQUEE ON MEEKER LLC, A Washington limited liability company By: The Missing Links LLC, a Washington limited liability company its manager By: Brett Jacobsen, Manager -13-Limited License Agreement v3 srATE OF WASHINGTON ) coLiNrY oF KrNG t SS I hereby certiSz that I know or have satisfactory evidence that Dana Ralph is the person who appeared tefore me, and said person acknowledged that she signed this instrument, on oath statedilat she is authonzedto execute the instrument on behalf of the City of Kent as its Mayor, and such execution to be the free and voluntary act ofsuch party for the uses and purposes mentioned in the foregoing instrument. -Notary Seal Must Appear Within This Box- IN WITNESS WHEREOF, I have hereunto set my hand and official seal the day and year first above written' NOTARY PUBLIC, in and for the State of Washington, residing at My appointment exPires I4 Limited License Agreement v3 STATE OF WASHINGTON COTINTY OF On this day of 2021, before me, the undersigned, a Notary Public in and for the State of Washington,duly commissioned and swom personally appeared Brett Jacobsen, known to me to be the Manager of The Missing Links LLC, the Manager of MARQUEE ON MEEKER LLC, the limited liability company 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 purposes therein mentioned, and on oath stated that helshe was authorized to execute said instrument. I certiff that I know or have satisfactory evidence that the person appearing before me and making this acknowledgment is the person whose true signature appears on this document. WITNESS my hand and official seal hereto affixed the day and year in the certificate above written. Signature PrintName NOTARY PLIBLIC in and for the State of Washington, residing at My commission expires ) ) ) SS. -15-Limited License Agreement v3 EXHIBIT A LEGAL DESCRIPTION All that certain real property located in King County, Washington and described as follows: LOTS 1 AND 2 OF CITY OF KENT SHORT PLAT NO. SP-2017.1, RECORDED UNDER RECORDING NO. 2OI8O32I9OOOO4, IN KING COLTNTY, WASHINGTON. 16 Limited License Agreement v3