DNR Plans Public Meeting for Proposed Exchange of Commercial Properties
News Date:
November 28, 2023
The transaction would swap an unoccupied office building in Issaquah managed by DNR for a grocery store in Bellingham
The Washington State Department of Natural Resources is planning a public meeting in mid-December to discuss a proposed land exchange involving commercial properties in King and Whatcom counties.
The proposed transaction would see DNR transfer a 3.26-acre lot in Issaquah with a vacant commercial building on it and receive a 4.09-acre parcel in Bellingham that has a leased grocery store and parking lot. The newly acquired parcel would also support the Common School Trust, which helps fund K-12 school construction statewide.
DNR will hold a public meeting to share information and receive testimony from the public at 5:30 p.m. December 14 at the Four Points Sheraton Hotel, Mount Baker Room, 714 Lakeway Drive, Bellingham. Public comment is welcome at the meeting, or in writing through December 28; attendance at the meeting is not mandatory to submit comment.
Following the evaluation of hearing testimony and a property appraisal, DNR will finalize the exchange proposal to present to the Board of Natural Resources for a final decision at one of its regularly scheduled monthly meetings. The Board meeting provides an additional opportunity for public comment.
All prospective meeting attendees are asked to stay home if they have a fever, cough, shortness of breath or difficulty breathing, loss of taste or smell, or exposure to someone with a confirmed case of COVID-19.
More information is available about the transaction, including a map of the parcels, at dnr.wa.gov/managed-lands/land-transactions/i-90-lake-place-b-exchange
CANDIDATE LAND EXCHANGE PROPERTIES
Washington State to RCO Capital: The Land referred to herein below is situated in the County of King, State of Washington, and is described as follows:
A portion of Parcel A, Short Plat No. SP-83-01, recorded August 22, 1983, as Recording No. 8308220868, records of King County, Washington, and being situated in the North one-half of the North one-half of the Southeast quarter of Section 20, Township 24 North, Range 6 East of the Willamette Meridian, in King County, Washington and being more particularly described as follows: Commencing at the Northeast corner of said Section 20; thence South 89°41'43" West, along the North line of said Section 20, said North line also being the centerline of SE 56th Street, a distance of 1933.03 feet; thence South 0°18'17" East 30.00 feet to a point of intersection of said margin with the Northeasterly line of Parcel A of the City of Issaquah Short Plat No. SP-83-01; thence South 53°53'43" East, along said Northeasterly line, 245.50 feet to the true point of beginning; thence continuing South 53°53'43" East 284.01 feet to an angle point in said line; thence continuing South 0°18'17" East, along the East line of said Parcel A, 384.38 feet to the Northeasterly margin of Primary State Highway No. 2; thence North 66°40'54" West, along said margin, 292.18 feet; thence continuing along said margin North 59°16'29" West 190.99 feet; thence North 30°42'00" East 393.67 feet to the point of beginning. (Also known as New Lot B of City of Issaquah Lot Line Adjustment recorded May 31, 1991 as Recording No. 9105310059, in King County, Washington.)
RCO Capital to Washington State:
Parcel A: Tracts 2 and 4, "Bellingham Marketplace Short Plat," Whatcom County, Washington, according to the plat thereof, recorded in Volume 22 of Short Plats, Pages 94 and 95, Records of Whatcom County, Washington, being a portion of the northeast quarter of Section 6, Township 37 North, Range 3 East of W.M., and the southeast quarter of Section 31 Township 38 North, Range 3 East of W.M. situate in Whatcom County, Washington.
Parcel B: A non-exclusive easements for ingress and egress created by reciprocal easement agreement between Bellingham Marketplace Associates Limited Partnership and Briar Development Company, dated June 21, 1991, recorded July 2, 1991, under Recording Number 910702171, Records of the Auditor’s Office of Whatcom County, Washington, with respect to tracts 1 and 3, "Bellingham Marketplace Short Plat," Whatcom County, Washington, according to the plat thereof, recorded in Volume 22 of Short Plats, Pages 94 and 95, Records of Whatcom County, Washington and amended by instruments recorded under Whatcom County Recording Nos. 910702174, 911011189, and 2060904325 situate in Whatcom County, Washington.
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