Resolution No. 2022-05 re Islander Mobile Home Park Floor Area Ratio - Approved 022222Page 1 of 2
RESOLUTION NO. 2022-05
A RESOLUTION of the City Council of Bainbridge Island,
Washington, approving and authorizing the purchase of
17,686 square feet of Bonus Floor Area Ratio from the
Islander Residents Association.
WHEREAS, the Islander Residents Association, a Washington nonprofit
corporation, desires to sell to the City of Bainbridge Island Bonus Floor Area Ratio as
described in the “Declaration of Housing Restrictive Covenants and Agreement for
Transfer of Floor Area Ratios” (2004); and
WHEREAS, the City of Bainbridge Island Planning Commission recommended
on July 9, 2020 that the City purchase the balance of the Bonus Floor Area Ratio from the
Islander Residents Association; and
WHEREAS, the City has undertaken negotiations with the Islander Residents
Association for the purpose of effectuating a sale of any remaining Bonus Floor Area
Ratio.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
BAINBRIDGE ISLAND DOES RESOLVE AS FOLLOWS:
Section 1. The City Council does hereby resolve that the City Council approves
the purchase of the remaining Islander Residents Association Bonus Floor Area Ratio of
17,686 square feet for a purchase price of $18 per square feet for a total purchase price of
$318,348, and following review and approval as to form by the City Attorney, authorizes
the City Manager to take all necessary action to effectuate and complete the transaction
on behalf of the City of Bainbridge Island.
Section 2. If any one or more sections, subsections, or sentences of this
Resolution are held to be unconstitutional or invalid, such decision shall not affect the
validity of the remaining portion of this Resolution and the same shall remain in full
force and effect.
Section 3. This Resolution shall take effect and be in force immediately upon its
passage.
PASSED by the City Council this 22nd day of February, 2022.
APPROVED by the Mayor this 22nd day of February, 2022.
Joe Deets, Mayor
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ATTEST/AUTHENTICATE:
By: _____________________
Christine Brown, MMC, City Clerk
FILED WITH THE CITY CLERK:
PASSED BY THE CITY COUNCIL:
RESOLUTION NO.
February 15, 2022
February 22, 2022
2022-05