A RESOLUTION calling for the issuance of a combined Request for Proposals (RFP) for the disposition of 800 Mercer Street and 620 Aurora Avenue N where that disposition would address neighborhood interests, creating opportunities for all City residents to take advantage of South Lake Union as a “neighborhood of opportunity.”
Any further comments? All those in favor of adopting the resolution as amended. Please vote i. I. Those opposed vote no. The motion carries. The resolution is adopted. The chair will sign it. Please read the next agenda item. Agenda Item 26 Resolution 317 86 Calling for the issuance of a combined request for proposals for the disposition of 833 and 620 Aurora Avenue North, where the disposition would address neighborhood interest, creating opportunities for all city residents to take advantage of South Lake Union as a neighborhood of opportunity, the committee recommends the resolution be adopted as amended . Councilmember O'Brien Thank. You. This is the second of the two legislative actions today related to the teardrop site in South Lake Union. This resolution gives direction to the executive to proceed with an RFP or request for proposal for our staff to sell that parcel and the terms and conditions under which the Council will evaluate that transaction. As I mentioned earlier, once the once the street vacation is complete and that parcel is assembled appropriately for sale, we want to maximize the proceeds to the city. And this legislation calls. This resolution calls that RFP to be done with conditions on other benefits in addition to the sales price that we want to get out of that . This particular focus I'll just highlight on affordable housing and maximizing the amount of affordable housing we can get out of that parcel, whether it's produced on site or generates revenue to be produced. Additional affordable housing off. Very good. Any questions about this resolution? Those in favor of adopting the resolution please vote i. I. Those opposed vote no. The motion carries the resolutions adopted and Cheryl, sign it. Please read items 27 and 28.