TagDes Moines Creek Business Park(33)

Sent: Thursday, November 16, 2017 1:52 PM To: citycouncil@desmoineswa.gov Cc: Betts, Eva; Knudsen, Robert A. Subject: 1-17-07992 Attachments: ROW Map Larger Parcel Approved 1-17-07992.pdf

Page 1 Item 1: AUTHORIZATION TO EXECUTE CONTRACT WITH LIFE INSURANCE OF NORTH AMERICA (CIGNA) FOR BASIC LIFE & SURVIVOR, BASIC AD&D AND LONG TERM DISABILITY BENEFITS Motion is to authorize procurement of Basic Life & Survivor Life, Basic AD&D and Long Term Disability through Life Insurance North America (CIGNA) for the City of Des Moines employees and to authorize the City Manger to sign the Policies substantially in the form as attached. Page 105 Item 2: 2014 JOINT HUMAN SERVICES APPLICATION AND FUNDING PROGRAM Motion is to approve Exhibit A for 2014 Des Moines’ planning, funding and implementation of a joint human services application and funding program as provided in the 2003 Memorandum of Understanding for the joint Human Services Funding Program between the Cities of Auburn, Burien, Covington, Des Moines, Federal Way, Renton, SeaTac, and Tukwila (Attachment 2), substantially in the form as submitted. Page 125 Item 3: MEMORANDUM OF UNDERSTANDING WITH THE DES MOINES POLICE GUILD REGARDING DENTAL INSURANCE Motion is to approve the memorandum of understanding with the Des Moines Police Guild regarding dental insurance coverage for 2014. PUBLIC HEARING/CONTINUED PUBLIC HEARING Page 129 Item 1: DES MOINES CREEK BUSINESS PARK AMENDED AND RESTATED SECOND DEVELOPMENT AGREEMENT AND PANATTONI MASTER PLAN FILE NUMBER LUA2013-0036 Staff Presentation: Planning, Building and Public Works Director Dan Brewer NEXT MEETING DATE February 27, 2014 Regular City Council Meeting ADJOURNMENT

Supporting Development of the Des Moines Creek West property Item No. 8h supp Date of Meeting February 9, 2021 Action Requested Request Commission authorization for the Executive Director to execute the purchase and sale agreement between WSDOT and the Port of Seattle, and approve $3.15 million, which includes $2.9 million and associated costs, in order to purchase a 14.3 acre section of the former SR509 right of way in the City of Des Moines, WA. The Site Location Adding Value to Port Des Moines Creek West Development Property Details • WSDOT acreage: 14.3 acres • Port acreage: 15.6 acres • Purchase price: $2.9 million • Street Improvements: $1.5 million Road improvements Light Industrial Development Supports SEA  Property acquisition enhances potential to support aviation supply chain (logistics companies, manufacturers, service providers, etc.) and SEA efficiencies  Property acquisition and subsequent larger development generates jobs and new tax revenues for City of Des Moines and surrounding communities  Property development will generate income to support airport operations and capital projects  Property development will support Port Diversity in Contracting and Workforce Development initiatives  The purchase protects and reserves land for industrial development Des Moines Creek West Development Schedule Q2 2O21 Q1 2022 Commission approval on ground Lease with Developer Q2 2023 Break ground and commence Port revenue Q3 2024 Distribute RFP Facility delivery and certificate of occupancy Strong Market for Industrial Development MARKET RENT PER SQUARE FEET Property Development Options Manufacturing Office Center Distribution Small Business Incubator Financial Summary Site…