Drafter
Clerk 05/23/2006
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AN ORDINANCE authorizing the King County executive to lease two hundred eighty park and ride stalls from Northgate Mall Partnership; and declaring an emergency.
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BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Findings:
A. King County's growth management policies promote the creation of housing in urban areas to minimize sprawl and encourage urban development, walking and other benefits of downtown development.
B. Consolidation of the park and ride spaces adjacent to the Northgate Transit Center provides important benefits to Metro's customers and provides better service and reliability.
C. King County will gain significant sales tax and property tax revenues through the redevelopment of parcels adjacent to the Northgate Transit Center.
D. Northgate Mall Partnership, the current owner of the Northgate Mall, is planning an expansion of the mall and is developing a structured parking garage as part of the retail expansion.
E. The development will include construction of a parking garage.
F. Shared parking stalls reduce the area devoted to automobiles and promote more pedestrian friendly urban environments. The Northgate Mall Partnership parking garage will provide parking for park and ride users, and visitors to the Northgate Mall thus reduce the land area dedicated to surface parking.
G. The plan to replace existing park and ride facilities that are presently provided at the Northgate park and ride lot located at 11203 5th Avenue NE, Seattle, Washington, and to convey that lot to the city of Seattle requires the execution of leases for replacement garage parking space with two project developers as well as a purchase and sale agreement with the city of Seattle, together with an appropriation necessary to fund the leases. The project developers have existing deadlines for the execution of leases with the county and for the conveyance of property between them that are necessary to suppo...

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