Loading...
5194593 - Mitigation Agreement: Pines/Mansfield RETURN ADDRESS 5194593 Page: 1 of 9 Cit of S okane Valle 83/24t2&es 02:13P y p y 11707 E. Sprague Ave tO! R 4 1 41, CI' ~IF SP JK i RG ~ SEi.i6 Spokane Co, WR - Spokane Valley, WA 99206 , Attn: Chris Bainbridge, City Clerk Please Tvpe or Print Neativ & Cleariv All Informatfon Document Title(s): Mitigation Agreement SR 27 (Pines Road) Mansfield Road Construction Project Reference Number(s) of Related Documents Grantor(s) (Last Name, First & Middle Initial) DevebeperlOwner: QuaCchan Invesfiments Spokane, Inc. Grantee(s) (Last Name, Firs# 8 Middle Initial) Mitigation Agreement with Developer noted above and City of Spokane Valley L8g81 D6SCflptl0n (Abbroviated fortn is acceptable) i.e. SedionffownshipJRange/1/4 Section 10-25-+34 $26 2/3 RODS OF W60RODS OF NW 114 OF NW 114 & N13 113 RODS OF W60RODS OF SW 114 OF NW 114 EXC CO RDS Assessor's Tax Parcel ID Number: 45102.9011 The County Auditor will rely on the fnformation pravided on this form. The Staff vrill nat read Ihe document to verify the Accuracy or completeness of the indexing infortnation provided herein. Sign below onty if your document is Non-Standard. I am fequesting an emergency non-stantfarC recoMing for an additional fee as provided in RCW 36.18.010. I understand that the recording pro ssing requirements may cover up or othervrise obsaure some parts of the text of the orfglnal document. Fee for non- Standa Fo sing is S50. < ~ - ; „ _ ' aature o equesting a y ' 5194593 • . • Page- 2 of 9 • 03/24/2995 02:13P dU!E i:eE T, GI' f UF SPii( 9 is Spokane Co, WA MTTIGATIOY AGREEnTFNT SR 27 (P1VES 120An) / MANSFIELll 170A1) C0NSTRUCTIUY Y.RO.TFCT This Mitigation A;reement ("Agreement") is entered into by and between Qualchan Inveslments Spokane, Inc. ("Developee"), a Washingtan Corporation, having oftices for the transaccion of business at 104 South Division, Spokane, Washington 99202, and lhe City of Spokane Valley ("Ciry"), a political subdivision of the State of Washington, hereinaFter jointly referred to as "Parties": RFCITALS L The City; in cooperation with Spokane County and the Washington State Department oFTransportation, is planning to design and construct improvements tn the SR 27 (Fines Road) and Mansfield Road corridor vvith Transportation Partnership Program (TF'P) grant funds from the Transportation Improvement Baard (TIB) and Congestion ManagemenUAir Qualitv (CMAQ) grant funds from the SpokanE I7e;ional Transportation Couneil (SR'I'C). The name of the project is the PineslNiansfield Corridor Congestion Relief Projeet ("Project") and the purpose of this project is to alleviate existing and futurc traffic congestion in this area. "rhe Project will reconfigure the NVB ramps of I-90 at SR-27 (Pines Rd.), using the existing slip ramps to Indiana Ave. and Montgomery Ave. WB off-ramp traffic,.vill use the siip ramp to a signalized intersection at Indiana Ave. WB on-ramp traffic will usc the slip ramp at vlontgomery Ave. To improve operation oFthe WB on-ramp and ensure safety, the portion of Montgomery Ave. bctween Pines Rd. and thc slip ramp will be one- way, westbound only. Therefore, to providc access to Pines Rd. for the properties west of 1'ines Rd., Mansfie(d Ave, will be improved, with a traffic signal at the intersection of vlansfield Ave. & Pines Rd. Curb, gutter, sidewalks and bike lanes will also be construc:ted. In addition, a signal will be installed at the Mirabeau Pk,,v}r & Pine.s Rd. intersection co bring this intersection up to an acceptable level of service. 2. The I7cvcloper is the owner/devEloper of certain real proper[y generaUy located %krithin the SR 27 (Pincs Road) and Mansfield Road comdor north of Interstate 94 legally described in Exhibit "A" ("Properiy"). 3. The Developer is developing the Froperty for residenlial and/or commercial uses (the "Taevelopment") wtuch will increase traffic congestion dnd directly impact existing transportation infrastructure along ehe Pincs/Mansfield corricior from and including the on- and off=ramps at I-90. Mitigation of these impacts will be required as part of the development of said property. 4. The Aarties are desirous of entering into an Agreement which provides for the payment of a proportionatc share of the Project in consideration for the allocation of a speci .fied number of P.M. Peak Hour trips and mitigation of traffic impacts associated with the Development. Qualchan [nvestments S, 3ne, Inc., vlitigation Agreement ' Pines/Vlansfield Road Construction Project Page 2 of 6 5. The T)eveloper reco,anizes the need to improve the trat"fic congcstion in the Pines/Mansfield eorridor and has agreed to f nancially participate in the Project by contributing a pro-rata sharc of the required local matehing funds. The Developer's pro- rata share is bascd on the total number of trips previously cstimated for the Development. 6. Pursuant to RCW 43.21 C.060; and RCW 82.02.020, the Cih, has the authority to allow a payment to mitigate a direct impact that has been identifieci as a consequcnce of a proposed devclopment. Tlie City (1) has identificd future road prnject~t necessitated by planned development in certain areas of the Cit?; and (2) has identified a reasonable rclationship behween impacts gEncrated by the Development to the transportation system and thc financial contribution toward those impacts. 7. 'I o mitigate the direct impacts of the I7evelopinent upon existing transportation Faeilities; the Parties are voluntarily entering into this Agreement pursuant to RCW 82.02.020. 8. It is intended that this Agreement provide funds in oeder to mitigate the dirECt traffic-related impacts of the trips resulting ETom the Development. 5194593 Page: 3 of 9 03/24/2603 02113F (,0O i JI ~ T, CI ? )F SPA 3 hu i R, .4 Spokane Co, VR P:1161ic tiYurkn4CaµiW Projce~5lWnea VJan:field5Alizigntion AL, --._'-_.,1.fitigaiion A}yamcnal.NR[GATIO~ AGREEMGNT5 QuskGao-Finel.dae Qualchan Tnvestrnents SE ne, Inc., Viitigation Agreement ' Pines/Vlansfield Roac1 Construction Project Page 3 of 6 c, ~ SL 3 AGRFEMENT ~ cu Go ~10W, THERENOI~, in consideration of the mutual cnvenants and conditions hereai~er ~ a.N o set forth, the Developer and the City hereto agree as follows: `n~ ~ a 1. Voluntarv Ap-reement. This ALreement; including all attached documents, is a ~ voluutary agreement as that term is used in RCW 82.02.020. The miti;ation fees charged herein are proportional to the traffic-related impacts generated by the _ Development. The parties acknowlEdge that the capital project is reasonably - nccessary to mitigate the direct traffic impact of the Development. ln the event this mitigation agreement is dctermined by a court to be invalid, the City shall refund the Y uncxpended partion oi mitigation fees. FollUwing a termination of this agreeinent the Developer shall, as reasonably required, mitigate the direct traflic impacts of the ~ Iaevelopmcnt ttlrough the State Environmentai Policy Act. ~ U 2. Yroiect Fuods. The Project is bein;; l'unded from several sources including, the ~ Washington State Department of Transportation (WSL70T), the TIB, the SR1C, the ' W City, and private develnpers. Funds from WSDOT, TIB, SRTC and the City have ~ bcen obligateci. See "Exhibit B". ~ 3. MiNgation Fce. The L7eveloper shall pay $54,926, ($303.46 per P.M. Peak Hour Irip), which has been dctcrmined to be the 17evcloper's conlribution to the Project for mitigation of future traffic impacts relateci to the 17evelopment. This traffic mitigation fee shall be expendcd towards the design, right-of=way acqiusition, and construction of the Project. 4. Pavment The parties understand at this time the Developer does not have a definitivc project. The Iaevcloper agrees to pay the mitigation fee prior to the City's issuance of a building a builciing permit for development of the Propertyo ur three years from the date the parties execute this Ageenient, whichever comes rrst. A letter of credit, savings assigunent or set-aside letter, or other appropriate mechanism that gives the City A unilateral right to access the funds pursuant to this agreement from a Einancial institution shall be provided to the City no later than February 25, 2005. All fees paid by the Developer shall bc used as reimbursement to the City for the local match required for the TII3 and SRTC grants relatcd to the design, right-of- way acquisition; and construction of the Project. 5. Site Develoament. Building permits w711 be issucd for the iaevelopment when l) this agreement has been executed by the Developer and the City, and 2) the L7eveloper's miligation fees have been paid in accordance with Section 4above, and 3) all other conditions of approval of the Development required by state and loeal laws are satisfied. Execution of this agreement releases the Developer from the requirement of conStructing frontage improvcments on the Propcrtp, provided said frontage improvements arc included in the I'roject. If frontage improvements are not included P:SWbIiC N'arksSCepicil P.ojects~Pines-~9en5feldlAtai~tion AgeememSbtiilgation ABe=aasL44R[GAT[ON AGRELMP.MS Quak'.un-Finnl.dne Qualchan [nvestments S, ane, Tnc., Vlitigation Agreement ' I'ineslMansfield Road Consh-uction Project 1'age 4 of 6 - ~ ~ in the Peoject, the Developer is responsible for constructing frontage improvements in 3 w0 addition to paying the mitigation Fees. co°~ Lnto m ~ N ~ 6. Comnlianee with RCW 82.02.020. Payment collected by the Ciry will be held i.n a mitigation fee reserve account and may only be crpended to fund the dcsign, right-of= LOa GD N way acquisition, and construction of the Project. Paymcnts shall be expendcd within f.ive years of collection. The City shall be entitled to reimbursement from the mitigation fee rescrve account for any funds it may expend for the design, right-of- ~ way acquisition, and construction of the Project prior to the c.ollection of the fee. Any Funds in the tnitigation Fee rescrve account not expended A4thin five years shall be ~ reFunded by the City -vtirith interest as provided in RCW 82.02.020. :z ~ 7. Committed P.M. Peah Hour'I rins. The City agrees to reserve up to a total of 181 P.M. Peak I-tour trips for the Property until the Dcvclopment is completc, provided , such reservation compliES with all federal, state and local laws at the time application for a building permit is madc. "Complete" is defined as having received all ~ governmental permits and approvals necessary to construct and permanently occupy ~ the Development. If the total number of P.M. Peak Hour trips for the laevelopmcnt exceeds the total number of.'reserved trips noted above, a ncw traffic study shall bc a provided to determinc if additional lraffic mitigation is required. ~ 8. Concurrenev: In accordance with the City's adopted concurrcncy standards pursuar►t to RCW 36_70A, the P.M. Peak Haur trips mitigated herein shall be considered to have satisfied concurrency from the Development as provided in paragraph 7. Any remaining capacity shall be available to the general public. 9. Notice: All communications, notices or demands of any kind which a parly under this ALrreement is required or desires to give to anv olher party shall be in writing and be cither (1) de.livered personally, (2) sent by facsimile kransmission with an aciditional copy mailed first class, or (3) deposited in the U.S. mail, certified mail postage prepaid, retum receipt requestcd and addressed as follows: If'to the City: City of Spokane Valley 11707 E. Sprague Ave.; Suite 106 Spokane Valley; Wt1 99206 Fax: (509) 921-1008 Attn: City Managcr T_F to the Dcveloper: Bryan Stonc Qualchan Investments Spokane, Ine. 104 S. Division St. Spokane, WA 99202 P.'1Puhlic N'aQIcs1Cap?1e1 Pmject.~PinerMnrtsfielBAtsti~tian Ageemettu116tililption Apjcements' \1RICATIOr A4KfEMF.KT$ frialc'un-Fiaal.doc Qualchan lnvestments S, lne, Inc., Nlitigation Agreernent ' PincsMansfield Road Construetion Project Page 5 of 6 10. Suceessors. This Agreement shall be bindinE on a.nd inure to lhe benctit of the successors and the assigns of the Parties. 11. Governina Law. This Agreement shall be construed in accordance with the laws of the State of Wasbington. Any action for ent'orcement of this Agreement shall be brought in a court of competent jurisdiction in Spokane County, Washington or as otherw7se providcd by statute. 12. Modificatic►ns. No modification or amendment of this Agreement shall be valid until the same is, reciuced to writing and exeeuced with the same formalities as the present Agreement. 13. Waiver. No officcr, cmployee, agent or othcrwise of the City has the power, right or authority to waive any of the conciitions or provisions to this Agreement. No waiver or any breach of this Agreement shall be hEld to be a waiver of any other or subsequent breach. 14. Renresentation. This Ageement forms a fully integrated agreement betureen the Parties. No other understandings, oral or otherwise, regarding the subjcct matter of this Agreement shall be cieemed to exist or to bind any of the Parties hereto. This agreement shall meet the mitigation requireuients f'or ciirect traffic-related impacts of the Development within the Projecl limits as described in the Project description in Section l of the Recitals and as idencified and documented in the Ciry f ile(s) referenced in Section 8 of the Reeitals. This aereement shall not supersede any other conditions of approval not directly related to traffic-related impacts of the 17evelopment within the 1'roject limits. All Parties have reaci and undcrstand all of the AgrEement, and now state that no representation, promise or agreemcnt not expressed in thE Agfeement has been made to induce any Party to e,cecute the same. 15. Authoritv. Both Parties to this Agreement represent anci certify that they have Full authority and power to enter into and carry out this tAgreernent. T'he persons signing this Agreement represent that they have authority to act for and bind their respective principals. 5194593 Pzge° 6 of 9 6C ! 2~ 1If , CI S~~K ~ 03/24/ed6S 02:13? Spokene Co, WR P`VPuh5e Woi'1i'.Cayhal Pojeccs`Pic,eyAlacs£a"~f.~Si~°y.ttia~ Ag. --.__._cMiliguioo A,rreetcern.Ml'1'IGA770N AC,REFafENTS Quilchan-Fiasl.doe Qualchan Investments S}. ane, Inc., Mitigation Agreemenl ' E'ines/iMansf ield Road Construction F'rojeel Page 6 of 6 ~ ~ N 3 [iN `VITNIESS VkrE-3-ER,EQF, the Parties have executed lhis Agreement this d day of rn° , 2005. ~ N ~ .aQ cu .x r ~ EL In nEVEL~PER: ~ ~ ~ QUALCHANT INVESTMEI~'TS SPOKANE, liNC. Its: John Stone, President ]C O ~ 'En STATE OF V1'ASFIINGT0iN ) ss. ~ County of Spokane ) T- T On this ~ day nf Fo-~IbYuQ.Yl4( 2005 before me, the ~ undersi;ned, a Notary Public in and for the State of ~,VQshington, duly commissioned and n sw,orn, personally apPeared 19h.il <~`DYI P, to me known to be the /42(cli:3_.~ Of i /r7w fhrrG,'1 f.~ _~nP /v~G_ the corporation that exccuted the foregoing instrument, and acknowledged the 'mstrument to be the free and voluntiry act and deed of the corporation, for the uscs and purposes therein mentioned, and on oath stAted thai he is authorized to execute the instrument. WITNESS my hand and official seal hereto affixed the day and year in this certificate above T~m~Nen. ~I• 4r t'trV~ Ak~'~p~J BLIn and fc~r the State of 4~PJ`T Washington, residing at , ~0C2,6Qi'!e fi,;Q 4 ~ Z. My cammission expires: ;p.24° A. G. R. M o Printed Name ~ '~C~ 18 WASN`~.~``~ CIT , SF* 'ME VALLEY: Davici Viercier; City Manager A'I'" G7NX Firis Bainbridge, City Clerl. P.5{~iplic H'orl:s'Cepiu! ProjectsiPie~ \4ansficld5Rlitigaiion Ayrc~nemsLlfitigmion fy. __..._Ws\NITIGA'I'IO~ ACRFFI~LEI.7S QuxkG~eFinal.doe •Exhibit "A" . . ~ i . ~ v ~ urace , ~ uc eye I - ~ 45102.9011 ~ N ~ _ Q. a - Marretta ~tet►~. I ~ . 45102.9011 10-25-44 S26 213RODS OF W60ROD5 OF NVJ114 OF N1JU114 & N13 1J3ROD5 OF'VUSORODS OF SW11 OF NW1I4 EXC CO RDS 5194593 Page: 8 of 3 93f24/2995 82:13P dUA 14 i tiT, ci' r JF :PW( i f.t i i~c7, ~d SpOkm. Co, WA , Exhibit 'B' ~:i. Pinesliltfansfield Cost Estimate . PE ROW Gonstruction Totals City Portion - Mansfizld Avc. (34ano Section) Preliminary EnginPeiing $75,522 Soft Invesfi4ation S1!5,00 RighE-of-vray $600,000 Projed Sogning S2,01)0 Contingencies -1090 $75.622 Construction Engineerfng - 90".6 $75,622 Canstruction -1096 S756,220 EnvironmentaVMiSy. Ena S16,393 SubtDt2l5 $107,015 $500,000 $909.464 Sl,5i6,479 WSDOT Portion , DesEgn Eng[ru_+erin $200,000 RighE-of-vray (Eucl"r1) $25,000 ROW - Pfnes $100,000 Construction $1,570,464 ' Confingencims `,,65.745 Salas Tax - 8.14w $123,156 Constructicn Enqineecing 16% $262.979 Subiotals $200,000 S125,00D $ 2,022,346_OD 52.347.346 TOTAL $307,015 $725,000 $2,931,610 $3,963,825 Added 550,000 per revbed estimate from VJSDOT for additional flagging required at RR crossing. TI3 $ 2,193,561 55% Develapers $ 499,795 139b Gity $ SS,OOO 196 VJSDOT S 55,000 156 CNIAQ $ 1,i60,500 29% Totzl $ 3,863,855 100% 5194593 Page: 9 0£ 9 03/2412095 02113P u)vO, rE,T, c f Y 1F SMh ;.r3 .~b Spokane Co, WR ~