Memorandum of understanding: Boeing headquarters – reclassification of property

This 1981 Memorandum of Understanding between the Port of Seattle and King County outlines terms for reclassifying approximately 30 acres of land on the west side of Sea-Tac International Airport to allow Boeing to develop a Corporate Headquarters Facility. The agreement includes provisions for the Port to lease 5 acres to King County for a neighborhood park at $1 per year, and restricts development on an adjacent 55-acre greenbelt buffer zone for at least 10 years. The document also affirms King County's zoning authority over non-airport-related land use at Sea-Tac and establishes a dispute resolution process between the two agencies.

Notes

A Memorandum of Understanding between the Port of Seattle and King County concerning the proposed Boeing Corporate Headquarters Facility on 30 acres on the west side of Sea-Tac Airport. The agreement covers a lease of 5 acres to King County for a neighborhood park, and restricts development on a 55-acre westside greenbelt buffer for 10 years from June 1, 1981. It also addresses conditions for property reclassification from RS-7200 to RM-900-P as approved by King County Council Motion No. 5240.

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