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HomeMy WebLinkAboutCity Council Committees - Committee of the Whole - 06/08/2021 (2) Approved Kent City Council - Committee of the Whole Committee of the Whole - Regular Meeting Minutes June 8, 2021 Date: June 8, 2021 Time: 4:02 p.m. Place: THIS IS A REMOTE MEETING 1. CALL TO ORDER Council President Troutner called the meeting to order. 2. ROLL CALL Attendee Name Title Status Arrived Toni Troutner Council President Present Bill Boyce Councilmember Present 4:04 PM Brenda Fincher Councilmember Present Satwinder Kaur Councilmember Present Marli Larimer Councilmember Present Zandria Michaud Councilmember Present Les Thomas Councilmember Present 3. AGENDA APPROVAL No changes were made to the agenda. 4. DEPARTMENT PRESENTATIONS A. Content Management System Contract with Granicus, LLC for Website Redesign - Authorize Project Management Office Supervisor, Brian Rambonga provided details on the content management system agreement with Granicus, LLC for the redesign of the City's website. Deployment of the new website is scheduled for the fourth quarter of 2021. Rambonga will provide council with a list of other cities that utilize the same system. MOTION: I move to authorize the Mayor to sign a contract with to exceed $219,153.59, subject to final contract terms and conditions acceptable to the IT Director and City Attorney. Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes RESULT: RECOMMENDED TO COUNCIL BY CONSENSUS Next: 6/15/2021 7:00 PM B. Kent Lions Club Sublease for Perkins Site - Authorize Capital Facilities Project Manager, Nate Harper presented information on the sublease agreement between the City of Kent and Kent Lions Club for the property located at 715 West Smith, Kent, Washington. The City subleases space to the Kent Lions Club for storage of equipment and supplies used for their many functions that occur in Kent throughout the year. MOTION: I move to authorize the Mayor to sign a Sublease Agreement with the Kent Lions Club for a five year term, subject to final terms and conditions acceptable to the Parks Director and City Attorney. RESULT: RECOMMENDED TO COUNCIL BY CONSENSUS Next: 6/15/2021 7:00 PM C. Meet Me on Meeker - 64th Avenue Intersection Grant Acceptance - Authorize Design Engineer, Drew Holcomb provided information on the Meet-Me-on- Meeker - 64th Avenue Intersection Grant. Transit and non-motorized intersection improvements at West Meeker Street and 64th Avenue are to be completed with the use of the 2021 PSRC non-motorized grant. The project will reconstruct the intersection of West Meeker Street and 64th Avenue South to include curb bulb-outs and bus bulb-outs to decrease the pedestrian crossing distance and decrease transit board time, bus stop improvements on the north and south side of West Meeker Street east of 64th Avenue South to increase the comfort and safety of transit riders, signal improvements such as transit signal priority to improve transit speed and reliability, and pedestrian crossing and associated sidewalk improvements. MOTION: I move to authorize the Mayor to accept federal funds in the amount of $236,667 for the Meeker Street at 64th Avenue Intersection Improvements, amend the budget and authorize expenditure of the funds in accordance with the grant terms and conditions acceptable to the Public Works Director and City Attorney. RESULT: RECOMMENDED TO COUNCIL BY CONSENSUS Next: 6/15/2021 7:00 PM D. Resolution Adopting the 2022-2027 Transportation Improvement Program - Adopt Page 2 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes Senior Transportation Planner, April Delchamps presented a review of the 2022-2027 Transportation Improvement Program by updating the Council on transportation planning efforts and grants and reviewed the projects being removed and added. The City is required by state law to update the six-year plan annually. Project development flows from the Transportation master Plan to the TIP. Essentially the TMP feeds the TIP with projects moving from planning to design and construction. The focus of the 2022- due in 2021 and reporting the first performance measures. Delchamps provided an overview of five projects being removed because they are complete: 1. South 228th Street/Union Pacific Railroad Grade Separation 2. Willis Street at 4th Avenue South Roundabout 3. 76th Avenue South (Middle Phase) 220th Street South to 216th Street South 4. Meeker Frontage Improvements and Midblock Crossing at the Riverbend Driving Range - Colony Park Apartments driveway to Russell Road 5. Meeker Frontage Improvements at the Riverwood Apartments - Russell Road to 700 feet east of Russell Road The major focus of this TIP update is adding projects from the Transportation Master Plan for 2021 grant competitions. The competition is focused on non- motorized improvements with the criteria limiting the eligible projects to projects in or on corridors connecting to the downtown PSRC Regional Growth Center or the PSRC Manufacturing/Industrial Center. The maximum request is anticipated to be around $2.2 million. At the state level, there are three grant opportunities from the Transportation Improvement Board or TIB. For Puget Sound area projects, approximately $36.5 million is targeted for the urban arterials program and $2.7 million for the urban sidewalk program. For complete Streets Program, approximately $14.5 million is targeted statewide. Puget Sound Regional Council confirmed 2021 grant awards: TIP project #6 is for 4 new Rectangular Rapid Flashing Beacons (RRFBs). The thth first location will serve multiple destinations on 104 Ave south of SE 256 Street, the second and third location will serve multiple apartment complexes and Kent Memorial Park along Central Avenue. The final location will serve small retail and grocery stores including Indian Village Grocery Store, Page 3 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes th restaurants, and a US Post Office. Additionally, the 4 location will facilitate access to the future RapidRide I line. TIP project #11 was awarded federal funding from Highway Safety Improvement Program (HSIP). The project includes three road diets and one compact roundabout. The road diet projects will be a single travel lane in each direction, a two-way left-turn lane, and a bike lane in each direction. 1. South 260th Street/South 259th Place South between Pacific Highway and Military Road 2. West Meeker Street/Lincoln Avenue/West Smith Street between Washington Avenue and 4th Avenue North 3. 4th Avenue North from James Street to South 228th Street 4. One compact roundabout at the intersection of 108th Avenue SE and SE 264th Street TIP Project #2, South 212th Street preservation from 72nd Avenue South to 84th Avenue South (E Valley Highway), was awarded $1.4 million in the 2018 PSRC Preservation grant competition. In the 2021 contingency process, the project was awarded and additional $700,000 lowering the local match for construction from $1.16 million to $460,000. PSRC Non-motorized set-aside - Intersection improvements at Meeker Street and 64th Avenue South was awarded $236,667 for design. Scheduled to Start Summer 2021. Match: $37,333 PSRC Regional Competition - 76th Avenue South (North Phase) - South 212th Street to 1,000 feet south of South 212th Street was awarded $3,480,000 in construction funding. The local match is $544,000. PSRC Large Jurisdiction Competition - South 218th Street/98th Avenue South from 94th Place South to South 216th Street was awarded federal funding in the amount of $4,915,680 for construction in 2024. Match (AT THE MOMENT): $3,444,320. PSRC potential projects for 2021 grant opportunities: Staff recently submitted Meeker Frontage Improvement at the Kent Elementary School for consideration for federal funding via two opportunities, Community Project Funding and a Transportation Infrastructure Request. Four projects are being considered for Transportation Improvement Board Urban Arterials Program grant opportunity. TIP projects 20 and 32 would compete well in the Growth & development band due to the development of the Naden property. Page 4 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes The eastern portion of the project #33 connects to SR 515 and the future RapidRide I. This portion will likely compete well in the Growth & development band due to RapidRide I. TIP Project #35 came out of the Local Road Safety Plan, this project was supported by residents of the area during TMP outreach. The project will likely score well in the Safety Band. The last project being considered is #53, a roundabout at Southeast 248th Street at 116th Ave SE. The project will likely score well in the Safety Band. The next three grant opportunities, PSRC Transportation Alternatives Program, are for bicycle and pedestrian improvements. New Sidewalks on Russell Road are being considered for both the PSRC Transportation Alternatives Program (TAP) and TIB Sidewalk Program. Two projects on Meeker Street are also being considered for the PSRC Transportation Alternative Program (TAP). The specific phase or elements for the application are being explored by staff. For TAP, staff are gathering project information on 3 new pedestrian crossings and 4 improved pedestrian crossings. Pedestrian facilities on 132nd Avenue South from SE Kent-Kangley Road to SE 278th Place are being considered for the TIB Sidewalk Program. The design for this project, 100% funded by Metro transit. Sidewalks on 83rd Avenue South sidewalks from South 228th Street to South 224th Street are being considered for the TIB Sidewalk Program and Complete Streets Program. This project was a top pedestrian project for access to Metro Transit. A new pedestrian signal on SE 272nd Street at 148th Ave SE (Lake Meridian) is are also being considered for the TIB Sidewalk Program and Complete Streets Program. The design for this project, 100% funded by Metro transit. There are 9 additional new projects that being added to the TIP to facilitate interdepartmental and external coordination and discussions. In the downtown area, the projects are focused on Meeker Street. Transportation performance measures were developed for the TIP as directed in the TMP. These performance measures indicate progress on the 5 adopted transportation goals. Page 5 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes At this point, data has been collected and analyzed for 11 measures, 3 under the connectivity and options goal and 7 under the strategy goal. Staff anticipate being able to report additional measures in the 2023-2027 TIP update early next year. The 2022-2027 TIP was presented to the Kent Bicycle Advisory Board and Land Use and Planning Board seeking comments. Additionally, a public th hearing was held on May 24 at the Land Use and Planning Board. There were no comments from the public. Questions from Land Use and Planning Board members focused on grant opportunities. MOTION: I move to adopt Resolution No. 2027, adopting the 2022-2027 Six-Year Transportation Improvement Program. RESULT: RECOMMENDED TO COUNCIL BY CONSENSUS Next: 6/15/2021 7:00 PM E. RailPros Field Services, Inc. Amendment No. 3 for South 228th Street Union Pacific Railroad Grade Separation - Authorize Design Engineering Supervisor, Mark Madfai updated the Council on the RailPros Field Services, Inc Amendment No. 3 for the South 228th Street Union Pacific Grade Separation project and indicated completion of the South 228th Street Union Pacific Railroad Grade Separation project requires railroad flagging to ensure railroad traffic is not impeded by construction. RailPros Field Services, Inc. is the only company authorized by the Union Pacific Railroad to conduct flagging operations on the Union Pacific tracks. RailPros will provide the railroad flagging during completion of finish work on the bridge and related infrastructure. MOTION: I move to authorize the Mayor to sign Amendment No. 3 to the Goods & Services Agreement with RailPros Field Services, Inc. in an amount not to exceed $68,000, for the purpose of railroad flagging, subject to final terms and conditions acceptable to the City Attorney and Public Works Director. RESULT: RECOMMENDED TO COUNCIL BY CONSENSUS Next: 6/15/2021 7:00 PM F. INFO ONLY: Transit-Oriented Development Update Chief Economic Development Officer, Bill Ellis and Sound Transit staff: Katie Drewel with Government Affairs, Edward Butterfield, Senior Transit-Oriented Development, and Jaycee Bigham with Community Engagement provided an update on the Transit-Oriented Development. Page 6 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes The Federal Way Link Extension project is projected to open in 2024. It will be 7.8 miles in length, there will be three stations and 3,200 parking stalls total along the alignment. It will take approximately 12 minutes to travel the corridor. The budget is $2.45 billion. An overview of the station was provided that includes two construction staging sites that offer potential transit-oriented development when no longer needed for staging. Transit-oriented development integrates transit and land use, helps create vibrant neighborhoods and supports transit ridership, considers local planning efforts, like the Midway Subarea Plan. Transit-oriented development opportunities were reviewed as well as the coordination with the City and the related partnership agreement that will achieve development on future surplus parcels adjacent to the station that includes a mix of uses consistent with Sound Transit's Equitable TOC Policy and the City of Kent vision for a compact, mixed-use and mixed-income walkable urban center as depicted in the Midway Subarea Plan and the Midway Design Guidelines. The City's initial goals and objectives include supporting economic investment and capacity building around the station and to support neighborhood redevelopment and help realize the City's transit-oriented, mixed-use vision of the Midway Subarea Plan. The Kent-Des Moines transit-oriented development timeline is as follows: 2020-Early 2021 - define the TOD project and early partnership opportunities. 2021-2022 -Prepare site due diligence, conduct community engagement, and determine site development program. 2022 - Procure a development partner, finalize design, and secure financing and permits. Public engagement round 1 will take place May and June and round 2 is anticipated for the fall. Work Plan: March-May - Preparation and coordination Mid May to Early June - Online survey June-August - Prepare site development concepts Fall (TBD) Online engagement event Late fall/early winter - Final report and RFP preparation Ongoing engagement activities G. INFO ONLY: Naden Update Chief Economic Development Officer, Bill Ellis provided the Council with an update on the Naden Avenue development project. Page 7 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes Mackenzie has been hired for initial architectural renderings and SEPA process. As Avenue 55 collects formal tenant's Letters of Interest, then preliminary feasibility, cost estimating, and permitting will increase in reaction to end user. Brokerage group is responsible for co-marketing and negotiating on behalf of Avenue 55. Newmark Knight Economic development staff have conducted outreach to non-profits that do job training or offer STEM educational awareness in Kent, and currently have leases that are expiring or in need of new space which blends office and production areas. Economic development staff have initiated some dialogue with University of growth of related programming and instruction at the campus. Economic development, through existing networks and knowledge of the site and in advance of formal marketing of the property by Ave 55, have come into connection with local and regional manufacturers seeking production space to expand hiring and avoid spiraling costs in Seattle and Kent Valley for warehousing. The Memorandum of Understanding gives Avenue 55 the exclusive right to negotiate and finalize agreements with the City regarding development of the Naden Property. The MOU is predecessor to a development proposal, which would need Council approval before direction to staff by Council to then negotiates a development agreement, which also would need Council approval, for final sale and disposition of the property. The term of the MOU is 12 months from its effective date (Expires February 2022). H. Easement Exchange - Naden Avenue Assembly - Authorize Assistant City Attorney, Christina Schuck provided information on the Naden Easement Exchange with Puget Sound Energy. Schuck reviewed the current access easement and new slope easement. MOTION: I move to authorize the Mayor to take all action necessary and sign all documents to accept a slope easement from Puget Sound Energy in exchange for the termination of an existing access easement, subject to terms and conditions acceptable to the Public Works Director and City Attorney. RESULT: RECOMMENDED TO COUNCIL BY CONSENSUS Next: 6/15/2021 7:00 PM I. Payment of Bills - Authorize Page 8 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes MOTION: I move to approve the payment of bills received through 5/31/21 and paid on 5/31/21 and approve the checks issued for payroll 5/16/21-5/31/21 and paid on 6/4/21, all audited by the Committee of the Whole on 6/8/21. RESULT: RECOMMENDED TO COUNCIL BY CONSENSUS Next: 6/15/2021 7:00 PM J. American Rescue Plan Act (ARPA) Framework Committee Recommendation - Adopt Chief Administrative Officer, Derek Matheson presented the American Rescue Plan Act Framework committee recommendation to use $10 million to backfill revenue losses and then invest one half of the remaining dollars in one-time economic development programs, one quarter in one-time human services and equity programs, and one quarter in infrastructure projects. Matheson provided an overview of the ARPA which includes $65 billion in Coronavirus Local Fiscal Recovery Funds for local governments. The City of Kent will receive $28,172,327 to cover costs incurred by the end of 2024 for: Responding to the COVID-19 pandemic Covering costs incurred from the public health emergency Replacing lost, delayed, or decreased revenues due to COVID-19 Addressing the negative economic impacts on local businesses and nonprofits Making necessary investments in water, sewer, and broadband infrastructure The council formed an ad-hoc committee to recommend for city council approval a high-level framework to invest Kent's Coronavirus Local Fiscal Recovery Funds. The committee consists of Councilmembers Boyce and Kaur, the mayor, chief administrative officer, and finance director. The committee met on April 7, April 29, and May 19 to study the Local Fiscal Recovery Funds program, other ARPA programs beyond the Local Fiscal Recovery Fund (such as unemployment programs, nutrition programs, rental/mortgage/utility assistance programs, small business assistance, and assistance to public Recommended categories: · Revenue losses ($10 million): The Finance Department has already documented more than $20 million in revenue losses in 2020 and expects to document further revenue losses in 2021 and beyond. The committee feels it would be a missed opportunity to invest all or e funds to backfill revenue losses and therefore recommends the council cap revenue loss backfill at $10 million. The committee proposes to deposit Page 9 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes these dollars strategically into the funds that most need support to meet their fund balance targets. The Finance Department will make recommendations during the midbiennial budget process. · Economic development programs (half of remainder): emphasis on economic recovery, the committee recommends the council invest half of the remaining dollars in one-time economic development programs. For example, the chief economic development officer is currently looking into the possibility of small business revolving loans (in tandem with the county and/or other cities), transit oriented development (which will include a housing affordability component), workforce development, and Naden Avenue Assembly positioning, among other possible investments. · Human services and equity programs (quarter of remainder): The committee recommends the council invest a quarter of the remaining dollars in one-time human services and equity programs. The human services component will emphasize investments that go beyond other ARPA programs and could include targeted recreation programs. The interim race and equity manager will propose investments that implement the Equity Strategic Plan. · Infrastructure (quarter of remainder): The committee recommends the council invest a quarter of the remaining dollars in traditional infrastructure projects, which could include streets, utilities, parks, and technology. The committee recommends folding the ARPA investment process into the provides a built-in opportunity for public engagement, including two formal public hearings, several council workshops, and public comment at every regular council meeting. Departments will make ARPA requests alongside their customary midbiennial budget requests, the mayor will make recommendations in the proposed budget adjustment in September, and the council will approve investments as part of the adopted budget adjustment in November. It may also be necessary for council to approve one or more ARPA investments outside of the budget process if investments prior to November. media between the June 8 committee of the whole and June 15 council meetings to give the public opportunity to provide comment. The council discussed keeping options open to be able to allocate funds from the $10 million to projects yet to be considered. Page 10 of 11 Kent City Council - Committee of the Whole June 8, 2021 Committee of the Whole - Regular Meeting Kent, Washington Minutes MOTION: I move to adopt the American Rescue Plan Act backfill revenue losses and then invest one half of the remaining dollars in one-time economic development programs, one quarter in one-time human services and equity programs, and one quarter in infrastructure projects. RESULT: RECOMMENDED TO COUNCIL BY CONSENSUS Next: 6/15/2021 7:00 PM K. INFO ONLY: Boards and Commissions Ordinance Deputy City Attorney, Tammy White continued her presentation from the June 1st workshop, by walking through the council through portions of the boards and commissions ordinance. White reviewed general provisions, terms of office, term limits on all boards and commissions, alternate positions, organizations and meetings, duties of chair, vice chair and members, bylaws, meeting schedules, locations, notice, remote meetings and remote attendance. Council requested that chairs must be present and cannot attend remotely in addition to adding a provision that member can attend remotely in the case of an unforeseen circumstances. nd White will return to the June 22 committee of the whole meeting to continue reviewing the ordinance. 5. ADJOURNMENT Council President Troutner adjourned the meeting. Meeting ended at 6:38 p.m. Kimberley A. Komoto City Clerk Page 11 of 11 BENEFITS TO CENTER s s e Short range planning documentAnnual update required by state lawDeclares list of projects, plans and programs by year c ooo o r P f o w e i v r Plan e v Transportation Master O Program Improvement Transportation ic ss d t t n i na f c a n a e o l e u j m P s t M r o r r r r o e a o e f p c e t r p s ny d e p a a e P + O t P 2 m M e s I w r l t h n e o T p t n f i o N ir a m 8 t r w e + o a 2 P G s t c d r d e s 0 3 e r e o e u t 2 2 v t u p r o - c 0 s o i s o e 2a 4 v n l mp l e e r a 2 ee r ro o 0 RTfPRMc 2 P I n T o i t a r g s e e e a t rt s e n a .u e I ic ss d t t n i h na f c a n a e o l e u j m t P s t M r o r r r r o e a o e f p c e t r p s ny d e p a a e g P + O t P 2 m M e s I w r l t h n e o T p t n f i o n N ir a m 7 t r w e i + o a 2 P G s t c d r d e s 0 2 t e r e o e u t 2 2 v t u p r o - c 0 s o i s o e 2a 3 v n l a mp l e e r a 2 ee r ro o 0 RTfPRMc 2 d p U n os i r t a a e r y g e + t s 2 n . e I i s h t t t i n i c n a s l e w u j d P t r s o r r a r e o er p w t p u s A d s p a et a O t ne P M e e s I l a l t r M n b T p n oa G e l i a mi 7 t c r d a o a n 2 G e t v c a 0 o r p p A l a c Budget Line Items o L t n e y ) t i B m l I i t S s b 2 Routes - e o M v F Mn ( I t d 1 & T c h i - r g g a i e o e t r B a F Freight and Goods r t Transportation System S (FGTS) T ) B I T ( Streets Complete d r a o B t n e m e v o r p Program m I Urban Sidewalk n o i t a t r o p s n a r T Program Urban Arterials Safe Routes to School (Partial T Federal Funds) O D S W State Grants Program Pedestrian Bicycle and Grant Awards Confirmed 2021 - - 2020 – turn lane, & - Local Road Award 1 Compact Roundabout 3 Road Diets each direction. Improvement and a bike lane in Program (HSIP) Highway Safety way left projects will have a single travel lane in each direction, a two Safety Plan th 94 - Avenue South th Street th Street/98 th South 218 - PSRC Large Jurisdiction Competition#40 Place South to South 216 Compact Roundabouts and Road Diet – Reith Road - Transportation Improvement Board Urban Arterials Program#35 (New) Avenue SE Roundabout th #53: Southeast 248th Street at 116 Transportation Improvement Board Urban Arterials Program Transportation Alternatives Program Kangley Road to SE - SE Kent - Avenue S Pedestrian Improvements (Phase 3) nd 132 - Transportation Improvement Board Sidewalk Program#22 278th Place th St th + to S 224 Ave S Sidewalks from S 228 rd 83 Complete Streets Sidewalk Program - Potential Grant Applications: #36 (New) Transportation Improvement Board Transportation Improvement Board Pedestrian Crossing/Signal – Ave SE (Lake Meridian) th Potential Grant Applications: St at 148 nd Improvement Board Complete Streets SE 272 - #37 (New) Transportation Improvement Board Sidewalk Program + Transportation Military Rd at Reith - #34 Rd/S 260th St Intersection Improvements West Hill Project• t c e j o r + P Local Road Safety Local Road Safety e -- d i 2023 Highway Safety 2025 Highway Safety W - –– y t i C#31 (New) Plan Improvement Program #42 (New) Plan Improvement Program Transportation Performance Measures u Council Consent J Agenda) (Adopt via : 8 e n u of the Whole J (Action) Committee 24: y and a Board Public Hearing M Planning Land Use : 0 1 y aand Only) M Planning Land Use Board (Info : 4 y a City M Council Workshop : 6 2 l i r Kent p Board Bicycle A Advisory TIP Adoption Timeline Avenue 55 – marketing and negotiating on behalf of Avenue - Geotechnical study of soils proposals in worksSurvey in worksPhase I Environmental Site Assessment in works ••• Current Status Hired Mackenzie for initial architectural renderings and SEPA process As Avenue 55 collects formal tenant’s Letters of Interest then preliminary feasibility, cost estimating, and permitting will increase in reaction to end user Brokerage group responsible for co55 just signed last week; Newmark Knight \[Please send logo/image/contact info\] ••• profits that do job training or offer - City Talks – Current Status Economic development staff have conducted outreach to nonSTEM educational awareness in Kent, and currently have leases that are expiring or in need of new space which blends office and production areasEconomic development staff have initiated some dialogue with University of Washington’s Space Policy and Research Center regarding possible growth of related programming and instruction at the campusEconomic development, through existing networks and knowledge of the site and in advance of formal marketing of the property by Ave 55, have come into connection with local and regional manufacturers seeking production space to expand hiring and avoid spiraling costs in Seattle and Kent Valley for warehousing ••• Reminder of Existing Agreement MOU gives Avenue 55 the exclusive right to negotiate and finalize agreements MOU is predecessor to a development proposal, which would need Council Term of the MOU is 12 months from its effective date (Expires February 2022) with the City regarding development of the Naden Propertyapproval before direction to staff by Council to then negotiates a development agreement, which also would need Council approval, for final sale and disposition of the property Credit: Puget Sound Business Journal Questions? THANK YOU FOR YOUR TIME. With Puget Sound Energy Naden Easement Exchange In �i1I'049097-- OF AMR