A RESOLUTION setting the public hearing on the petition of Willow Crossing, LLLP for the vacation of a portion of 39th Avenue South, south of South Willow Street in the Othello Residential Urban Village neighborhood area of Seattle, according to Chapter 35.79 of the Revised Code of Washington, Chapter 15.62 of the Seattle Municipal Code, and Clerk File 314422.
For Injection and adoption. Agenda Item 25 Resolution 31912 Setting the public hearing on the petition of Willow Crossing LLP for the vacation of a portion at 39th Avenue, south south of South Willow Street and the Othello Residential Urban Village neighborhood area of Seattle, according to Chapter 35.79. Other Revised Code of Washington Chapter 15.62 Code and Clerk Filed 314422. Kathryn Pacheco So this resolution, colleagues, is setting the public hearing for the petition of Willow Crossing. It's a vacation of a portion of 39th Avenue, south south of south Wall Street in Othello, residential urban village neighborhood area of Seattle. According to Chapter 35.79 of the Revised Code of Washington, Chapter 15.6 to the Seattle Ministerial Code and Clerk filed 314422. The public hearing for this affordable housing development will be held on Wednesday, November 20th, at 9:30 a.m. at the special meeting of the Sustainability and Transportation Committee. This housing project will provide 300 units close to the Othello light rail station. The timing of this hearing as essential to secure a bond application through the Washington State Finance Commission that allows this project to be financially feasible and affordable to residents at 60%. Ami Gandy Development must be able to close by the end of the year. The lender and investor require confirmation that certain steps related to the permitting process have been completed in order to move forward with the December closing. The street vacation is an integral one of these steps, unfortunately, waiting for the street vacation to be finalized until December 9th, when the council will vote after the 12 1312 three subcommittee meeting does not allow enough time for the remaining closing activities to happen before the end of the year. This is why Council is holding a special public hearing for the street vacation during budget, which will be led by Councilmember O'Brien. Thank you very much. Guzman Pacheco any questions or comments on this legislation? If not, I will move to adopt resolution 319120 moved and secondly, the resolution be adopted. Those in favor of adopting the resolution please vote i. I. Those opposed vote no. The motion carries the resolution adopted chair will sign it. Is there any further business to come for the Council? Okay. If not, we stand adjourned and have a great rest of the day. Thank you.