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• <br /> EVERETT CITY C I UNCIL AGENDA ITEM COVET SHEET <br /> • <br /> PROJECT TITLE: <br /> Consent COUNCIL BILL# <br /> Riverfront Properties: Exclusive X Action Originating Department Administration/ <br /> Negotiating Agreement By and Legal <br /> Between the City of Everett and First Reading Contact Person Jim Iles/Mark <br /> OliverMcMillan,LLC Soine <br /> Second Reading Phone Number 257-8737 <br /> Third Reading FOR AGENDA OF 06/29/05 <br /> Public Hearing <br /> Initialed by: <br /> Department Head —1141 <br /> CAA <br /> Council Presidents, <br /> Location Preceding Action Attachments Department(s)Approval <br /> South of 36th Street, east of 11/17/04: Approval of Exclusive Negotiating Administration,Legal, <br /> I-5; generally referred to as property surplus resolution, Agreement By and Engineering, Planning <br /> the Everett Landfill and developer RFQ Between the City of Everett <br /> Simpson sites(Riverfront 2/9/05 Short-list of and OliverMcMillan LLC <br /> Properties) developers approved, <br /> 4/13/05 selection of Oliver- <br /> McMillan as developer <br /> Amount Budgeted $0 <br /> Expenditure Required $0 Account Number(s): <br /> Budget Remaining $0 <br /> Additional Required $0 <br /> ETAILED SUMMARY STATEMENT: Following the surplusing of the Riverfront properties the City issued an <br /> RFQ for potential developers of the properties. On April 13,2005 OliverMcMillan LLC was selected as the potential <br /> developer and City Administration was authorized to begin negotiations with them. An Exclusive Negotiating <br /> Agreement by and between the City of Everett and OliverMcMillan LLC has been developed for consideration by the <br /> City Council. This agreement outlines the future process for negotiations for the sale and development of the <br /> Riverfront Properties. <br /> RECOMMENDATION(Exact action requested of Council): Authorize the Mayor to sign on behalf of the City the <br /> Exclusive Negotiating Agreement By and Between the City of Everett and OliverMcMillan LLC. <br />