CONSERVATION FUTURES TAX LEVY (CFT)

APPLICATION FOR 2021 FUNDS

Project Name: Denny Creek 141st St Parcel

Project Location: 7848 NE 141st St. Kirkland, WA 98033 (e.g. City Name or “Unincorporated King County”)

Applicant’s Agency or Organization Name: City of Kirkland

Proposed Project Acreage: 0.23 CFT Funding Request: $300,000 (Identify the acreage targeted under this year’s funding request) (Dollar amount of CFT award requested)

Total Project Acreage: 0.23 KC PL Funding Request: $0 (Estimate total acreage at project completion for multi-year projects) (King County projects only: dollar amount of KC Parks Levy requested)

Seeking a match waiver? ☐ Yes ☒ No Total Funding Request: $300,00 (If yes, applicant must submit “Supplemental Form #1.) (Sum of CFT + KCPL requests above)

Type of Acquisition(s): ☒ Fee Title ☐ Easement ☐ Fee or easement TBD ☐ Other:

King County Council District in which project is located1: District 1

WRIA/watershed in which project is located2: WRIA 8: Denny Creek Watershed

APPLICANT CONTACT INFORMATION

Contact Name: Chris Lynch Phone: (425) 587-3806

Title: Senior Financial Analyst Email: Clynch@kirklandwa.gov

Address: 123 5th Ave Kirkland, WA 98033 Date: 3/2/2020

SECTION 1. PROJECT SUMMARY Please summarize your project in the space below.

This request will seek to support acquisition of a 0.23-acre open space parcel that is integral to help Kirkland

clean, filter, and infiltrate stormwater adjacent to Denny Creek. In addition to open space benefits, this property

provides an important ecosystem service to its watershed by naturally infiltrating stormwater from 1.1 acres.

We estimate that 77,311 gallons of stormwater is filtered through the soil in a 10-year, 24-hour storm event. This

infiltration cleans polluted stormwater and maintains a more natural water cycle. A natural water cycle involves

locations, like this property, in which the water is slowed down and infiltrated, which recharges groundwater

that will slowly feed water to the creek. These storage and recharge functions are especially important as a

source of clean, cold water to Denny Creek, approximately 215 feet away.

Currently the stormwater system outfalls directly onto this property, which is undeveloped. There are no

restrictions limiting or preventing development of this parcel and it could be developed at any time. If the parcel

was to develop, the city would be required to connect the stormwater system currently being infiltrated at this

location directly to Denny Creek. To protect the creek, large infrastructure for both water quality and flow

control, such as detention and treatment vaults, would need to be installed to prevent erosion and flooding

impacts to downstream properties. New stormwater infrastructure would likely cost in excess of $1 million,

based on similar projects constructed in the city.

This parcel also provides important open space in an actively redeveloping neighborhood. Although vegetation

could be enhanced with more native species, currently there are both trees and shrubs providing habitat and

greenspace, including native species of Red Alder, Black Cottonwood, and Indian Plum.

1

2

King County Council District information here: https://www.kingcounty.gov/council/councilmembers/find_district.aspx

Find WRIA (“watershed resource inventory area”) here: https://www5.kingcounty.gov/kcgisreports/wrialookup.aspx

Application – Page 1

https://www.kingcounty.gov/council/councilmembers/find_district.aspxhttps://www5.kingcounty.gov/kcgisreports/wrialookup.aspx

Application – Page 2

SECTION 2. OPEN SPACE RESOURCES

• Before answering Sections 2 & 3, please review “Application Evaluation Criteria.”

• Please mark an “X” in the checkbox for each criterion that applies to your project.

• For each criterion you marked, briefly describe in the space below how the project would meet that criterion. If relevant,

consider the landscape setting and/or planned restoration actions.

☒ A. Wildlife habitat or rare plant reserve ☒ F. Urban passive-use natural area/greenbelt

☒ B. Salmon habitat and aquatic resources ☐ G. Park, open space, or natural corridor addition

☒ C. Scenic resources ☒ H. Passive recreation opportunity in area with unmet needs

☐ D. Community separator ☐ I. Project that seeks to redress historic disparities in access

☐ E. Historic/cultural resources to open space in opportunity areas

A. Wildlife Habitat: This parcel is one of a shrinking number of undeveloped properties in the North Juanita

neighborhood, where neighbors have observed wildlife including deer, coyote, hawks, frogs, pileated

woodpecker, and bald eagle.

B. Salmon Habitat & Aquatic Resources: The property acquisition will support the preservation of nearby

aquatic resources. If this property were to develop, the city would be required to connect the stormwater

conveyance system, that currently outlets to this property directly to the creek. This property infiltrates

stormwater, which cleans and slows the water before it enters the creek, directly improving the health and

resilience of aquatic resources and salmon habitat. Untreated stormwater has been found to be lethal to salmon,

and this property represents a location that naturally treats and infiltrates stormwater.

C. Scenic resources: Current vegetation on the property provides a small pocket of forested area and screens

neighbors from the street. This parcel borders a buffered bike lane and provides visual relief from development.

As restoration occurs, additional native plants will improve the scenic nature of this parcel.

F. Urban Passive-Use Natural Area/Greenbelt: The parcel represents a pocket of vegetation in a densifying urban

residential neighborhood. It is easily accessible from a well utilized walk and bike route and could provide a

passive-use natural area.

H. Passive recreation opportunity/unmet needs: This project conforms with the City’s Comprehensive Parks,

Open Space and Recreation Plan Policy to protect and improve the City’s natural systems or features for their

value in providing ecosystem and infrastructure services.

Application – Page 3

SECTION 3. ADDITIONAL FACTORS

• Please mark an “X” in the checkbox for each criterion that applies to your project.

• For each criterion you marked, briefly describe in the space below how the project would meet that criterion. If relevant,

consider the landscape setting and/or planned restoration actions.

☒ A. Educational/interpretive opportunity

☒ B. Impact to open space resources

☒ C. Feasibility: ownership complexity/willing seller(s)/community support

☐ D. Describe any public or private partnerships that will enhance this project

☐ E. Is the property identified in an adopted park, open space, comprehensive, or community plan?

☐ F. Transferable Development Rights (TDR) participation

A. Educational/interpretive opportunity: The Green Kirkland Partnership works with volunteers,

staff and community to restore Kirkland’s forests and natural areas, offering educational

opportunities in natural areas like this through organized volunteer restoration work, recruiting

from schools and community groups.

B. Threat of loss of open space resources: There are currently no restrictions to development on

this parcel and it would likely be developed if not acquired by the City of Kirkland. The

adjacent parcel was developed in 2017.

C. Feasibility: Ownership complexity/willing seller(s)/community support: The landowner is in

active discussions with the city. They have expressed willingness to sell. The Finn Hill

Neighborhood Association, an active community organization based in this neighborhood, has

been supportive of environmentally friendly open space acquisitions and projects that retain and

improve habitat.

Application – Page 4

SECTION 4. PARCEL DETAILS

A. Please provide information about the parcels that are current funding targets, as shown in red on your maps.• No need to list information on the future potential funding targets that are shown in yellow on your maps.

• You can find this information on the “Assessor’s Report/Property Details” accessed through King County iMap

(https://gismaps.kingcounty.gov/iMap/). Add more rows if needed.

Parcel

Number

(do not use

hyphen, e.g.,

1234567890) Acreage Zoning3

Assessor’s

“Appraised

Land

Value”4

Assessor’s

“Appraised

Improvements

Value”

Estimated Cost

to Purchase

Desired Property

Interest

Property

Interest

Sought (fee,

easement, or

TBD)

2426049200 0.23 RSA 4 $257,000 $0 $600,000 FEE

B. How did you estimate the cost to purchase parcels? (e.g., appraisal, estimate from assessor’s values, etc.)

City staff are in discussions with the homeowner who has stated a willingness to sell the parcel for

$600,000. An appraisal is the next step in our negotiations with owner. Staff considers this amount to be

reasonable and in-line with market conditions. The vacant parcel can be developed into a single-family

residence (SFR). Current zoning and code compliance allow for a 3,000-3,500 sq. ft SFR, where

comparable price p/sq. ft currently ranges $350-400. If developed, staff estimates an ending value of

$1,400,000 – with this, a $600,000 land value is reasonable.

C. Describe project readiness, urgency, and potential to phase funding over multiple years.

The City of Kirkland is in active discussions with the current property owner.

D. Are any parcels enrolled in the Current Use Taxation program, a voluntary conservation program? 5

No.

SECTION 5. PROPERTY USE, STEWARDSHIP, AND MAINTENANCE

A. What is the intended future use of the property (e.g., passive recreation, habitat restoration, timber

management, agricultural production)? Will this land be available for public use?

Habitat restoration, natural stormwater treatment and flow control, passive recreation, open

space/greenbelt and natural area preservation. It will be available for public use.

B. How will the property be stewarded and maintained, and using what funding? Does the property lend itself to

volunteer stewardship opportunities or community participation?

The proposed acquisition of 0.23 acres will be added to the surface water utility’s open space. The site

will be maintained by surface water utility crews and through volunteer partnerships (Green

Kirkland). The property is an ideal location for volunteer stewardship following initial restoration by

surface water crews. The surface water utility is funded by surface water rate payers to maintain the

City’s manmade and natural surface water conveyance.

C. What are the biggest challenges you anticipate in managing this site?

None anticipated.

D. Will you be purchasing and demolishing any structures on the target parcel(s)? Explain why this is necessary.

No

E. Do you intend to hold out any part of the site for non-CFT-eligible activities, such as intensive recreation orretaining a structure on a fee purchase? (Funds used for that purchase can’t count as CFT match.)

No

3 Please explain the zoning designation if it is hard to understand (usually most important for urban zoning designations) 4 Parcels enrolled in Current Use Taxation for “Forestry” may not have a valid “appraised land value” or acreage. 5 Visit www.kingcounty.gov/incentives, and use the “Interactive Map” to check enrollment for your target parcel(s).

https://gismaps.kingcounty.gov/iMap/http://www.kingcounty.gov/incentives

SECTION 6. PROJECT BUDGET

FUNDING REQUEST

REQUESTED AMOUNT

CFT Funding Request $300,000

KC Parks Levy (PL) Request (county projects only) $0 TOTAL FUNDING REQUEST $300,000

TOTAL ESTIMATED PROJECT COSTS Use this table to estimate the total cost to purchase the parcels that are the current funding targets

ESTIMATED PROJECT COSTS ESTIMATED DOLLAR AMOUNT OR RANGE

Total property interest value $600,000

Title and appraisal work $5,000

Closing, fees, taxes $7,800

Relocation costs $0

Hazardous waste/environmental reports $1,500

Directly related staff, administration and legal costs $5,000

TOTAL ESTIMATED PROJECT COSTS $619,300

MATCH

What type of match will you be providing?

☒ Cash match

☐ Land match6

☐Match waiver requested (must submit Supplemental Form #1)

If you are providing cash match, please complete this table.

Cash Match – Secured (list sources) Date Funding Secured Dollar Amount

Kirkland Surface Water Acquisition Fund –

2019-24 CIP December 2019 $319,300

Cash Match – Still Sought (list sources) Date Funding Anticipated Dollar Amount

If you are providing land match, please complete this table (add rows if necessary).

Land Match Parcel # Value Already acquired? Details (funding source, timing, etc.)

☐ Yes ☐No

OTHER FUNDING

Do you have any funding that will contribute to the purchase, which you have not already listed above?

N/A

6 Land match is described on Page ii of “Instructions and Conditions.” Typically, this is donated land, or the cash value of

recent open space purchases. Land match should be directly linked to the property under application and meet CFT conditions.

Application – Page 5

Application – Page 6

SECTION 7. BOND FUNDING POTENTIAL

• These factors may make projects more competitive for bond funds (some projects may be a better fit for annual funds).

• Please mark the checkboxes for the criteria that apply to the current target parcels.

• For each criterion you marked, briefly describe in the space below how the project would meet that criterion.

☒ A. Acquisition can occur in late 2020 or early 2021

☒ B. Transaction is highly likely to be successful

☒ C. Match is secured, or will be secured by late 2020 or early 2021

☐ D. Property purchased in fee will not be leased or surplused/sold for private benefit

A. Acquisition can occur in late 2019 or soon thereafter: Property owner is actively engaging with

the City around purchase price. Owner has indicated readiness to sell if price can be agreed

upon.

B. Transaction is highly likely to be successful: Property owner is actively engaging with the City

around purchase price. Owner has indicated readiness to sell if price can be agreed upon.

C. Match is secured: Match funding is secured and available in the Kirkland Surface Water

Property Acquisition Fund – 2019-24 CIP.

City of Kirkland_CFT_Location Map

Produced by the City of Kirkland. © 2020 City of Kirkland, all rights reserved.No warranties of any sort, including but not limited to accuracy, fitness, or

merchantability, accompany this product.

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City of Kirkland_CFT_Site Map

Produced by the City of Kirkland. © 2020 City of Kirkland, all rights reserved.No warranties of any sort, including but not limited to accuracy, fitness, or

merchantability, accompany this product.

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