AN ORDINANCE granting Macy's West Stores, Inc., permission to maintain and operate a pedestrian skybridge over and across 3rd Avenue, between Pine Street and Stewart Street, for a ten-year term, renewable for two successive ten-year terms; specifying the conditions under which this permit is granted; providing for the acceptance of the permit and conditions; and ratifying and confirming certain prior acts.
The report at the Sustainability and Transportation Committee Agenda Item nine Council Bill 1186 1020 Macy's Restaurant Corporation. Permission to maintain operated pedestrian SkyBridge over and across Third Avenue between Pine Street and Ceres Street for a ten year term renewable for two successive ten year terms. Committee recommends the bill pass the. Council member O'BRIEN. Thank you. So we have a series of pieces of legislation coming forth and transportation committee today. They all relate to leases, easements, transfers. I will try to move through them swiftly. This is a new and new ordinance related to the SkyBridge between Macy's and the parking garage over Third Avenue. This is for a ten year term and then can be renewed for two additional ten year terms. They pay a lease fee to the city for the permission to do this. Last year that was about $28,000. It's tied to the assessed value coming out of King County. So it adjusts on an annual basis. Very good. Are there any other comments? Please call the rule on the passage of the bill. Whereas I O'Brien. Swan Baker, Gonzalez, Herbold Johnson, President Harrell. I n favor and unopposed. Bill passes and the chair will sign it. Agenda item number ten.