Adopt Resolution #24-249 Approving a Development Agreement for Diamond Graphic's Building Expansion at 14350 Azurite St NW (Project No. 24-111); Case of Diamond Graphics

Diamond Graphics (the "Applicant") has applied for a Building Permit to add approximately 68,000 square feet of building expansion to the western side of the existing building at 14350 Azurite St NW (the "Subject Property").  The Site Plan meets all the criteria to be reviewed administratively, but a Development Agreement for all associated site improvements is still needed and requires approval by City Council. 

Notification is not required.

On July 9, 2024, the City Council approved a Final Plat for the Applicant, which combined 14350 and 14280 Azurite Street into a single, buildable lot to accommodate the Applicant's proposed building expansion.  The Applicant has now submitted an application for a Building Permit to construct the building addition, along with associated site improvements (expansion of parking lot, stormwater basin, landscaping, etc.).  Prior to issuing the Building Permit for construction, a Development Agreement is needed to memorialize the required improvements and financial responsibilities, including sureties.

The Applicant is responsible for all costs associated with this request.

Staff recommends approval of the development agreement.

Motion to adopt Resolution #24-249 approving the development agreement for Diamond Graphics' building addition and associated site improvements.