Form revised: December 6, 2011

FISCAL NOTE FOR NON-CAPITAL PROJECTS

Department:	Contact Person/Phone:	CBO Analyst/Phone:
Seattle Department of Transportation	Angela Steel/684-5967	Rebecca Guerra/684-5339

Legislation Title:

AN ORDINANCE relating to the permission granted to the 2020 Fifth Avenue, LLC by Ordinance 123794 to construct, maintain, and operate a pedestrian skybridge in the mid-block portion of the alley between 5^th Avenue and 6^th Avenue, south of Lenora Street, by amending Section 1 to revise the legal description of the adjacent property; and ratify and confirm certain prior acts.

Summary of the Legislation:

The legislation amends the legal description in Section 1 of Ordinance 123794 that granted permission to 2020 Fifth Avenue, LLC, to construct, maintain, and operate a pedestrian skybridge in the mid-block portion of the alley between 5^th Avenue and 6^th Avenue, south of Lenora Street.  An area map is attached for reference. 

Background:  

By Resolution 31319, the City granted conceptual approval of the new pedestrian skybridge and public benefit installations to Hammer Company and Clise, Inc.

On October 13, 2011, the western adjoining property was transferred from Hammer Company and Clise, Inc. to 2020 Fifth Avenue, LLC. The permittee name on the pending ordinance was amended and legal description of the adjoining property being served by the skybridge is also being amended by this ordinance.

By Ordinance 123794, the City granted permission to 2020 Fifth Avenue, LLC to construct, maintain, and operate a pedestrian skybridge in the mid-block portion of the alley between 5^th Avenue and 6^th Avenue, south of Lenora Street, for a ten-year term, renewable for two successive ten-year terms.

Please check one of the following:

___x_ This legislation does not have any financial implications.

____    This legislation has financial implications.

Other Implications:

a) Does the legislation have indirect financial implications, or long-term implications?

No

b) What is the financial cost of not implementing the legislation?

None

c) Does this legislation affect any departments besides the originating department? 

No 

d) What are the possible alternatives to the legislation that could achieve the same or similar objectives?  None

e) Is a public hearing required for this legislation? 

No

f) Is publication of notice with The Daily Journal of Commerce and/or The Seattle Times required for this legislation?

No

g) Does this legislation affect a piece of property?

Yes, an area map is attached for reference.

h) Other Issues: N/A

List attachments to the fiscal note below:

Attachment A – 2020 Fifth Avenue LLC Skybridge Area Map

Map is for informational purposes only and is not intended to modify or supplement the legal description(s) in the Ordinance.