Sultan Corner Development Agreement with BCRD LLC Proposed

The City of Sultan is considering a Development Agreement with BCRD, LLC to guide the Sultan Corner Commercial Center on approximately 15 acres, vesting zoning and development standards, defining fee reductions, and outlining road and utility improvement responsibilities for a 10-year term. Staff has recommended the City Council approve Resolution No. 26-08 authorizing the Mayor to execute the agreement, with a possible five-year extension based on project progress.

Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

Ten (10) years from Effective Date, with option for one 5-year extension

Renewal

Initial term 10 years from Effective Date. City Council may approve a one-time five (5) year extension if at least 60% of physical improvements to the Development Area are complete and the Developer has complied with the Agreement, or if delays are due to grant or alternative infrastructure funding availability.

Document type

StaffReport

Source document

City of Sultan StaffReport Sultan Corner Development Agreement 2026-06-18

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City of Sultan Resolution No. 2026-08 Adopting the Sultan Corner Development Agreement 2026-07-09

APPROVED

City of Sultan, WashingtonJul 9, 2026

City of Sultan StaffReport Sultan Corner Development Agreement 2026-06-18

PENDING

City of Sultan, WashingtonJun 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Sultan?

Bcrd Llc was awarded this government contract by City of Sultan, as recorded on June 18, 2026.

What type of contract is this?

This is a government contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in City of Sultan StaffReport Sultan Corner Development Agreement 2026-06-18 (StaffReport), dated June 18, 2026 from City of Sultan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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