Req.#13597
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RESOLUTION NO.
1 A RESOLUTION relating to surplus property; declaring certain real property
2 owned by the City, located at 1 1 10, 1 1 14, 1120, and 1 1 24 Martin Luther
King Jr. Way, to be surplus; authorizing approval of Purchase and Sale
3 Agreements with Kellogg Sicker Pochert LLC, for property located at
1 1 1 0 and 1 1 14 Martin Luther King Jr. Way; and with the Tacoma Housing
4 Authority, for property located at 1 1 20 and 1 1 24 Martin Luther King Jr.
5 Way, for the purpose of constructing apartments, ground floor office/retail
and parking.
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WHEREAS that certain real property located at 1 1 10, 1 1 14, 1120, and 1 1 24
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8 Martin Luther King Jr. Way ("Property"), acquired by the City in 2005 after a history
9 of nuisance and code violations, is surplus to the City's needs, and
10 WHEREAS the Property site, located on a key block in the core of the Hilltop
1 1 business district, consists of four parcels, three with existing buildings and one used
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for surface parking, and is approximately one-half acre in size, and
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14 WHEREAS two of the three existing buildings were recently approved for
15 inclusion into the Tacoma Register of Historic Places, and
16 WHEREAS the City intends to sell said Property, identified as Tier 1 property
17 pursuant to the City's Policy for the SalelDisposition of City-owned General
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Government Real Property, for the purpose of constructing apartments, ground
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20 floor off ice/retail, and parking, and
21 WHEREAS the City received a joint proposal from the Tacoma Housing
22 Authority and Kellogg Sicker Pochert LLC, represented by Kevin Grossman (the
23 "Parties"), to provide ...
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