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5194641 - Mitigation Agreement: Pines/Mansfield t RETURN ADDRESS 5194641 City of Spokane Valley PageI t of 12 11707 E. Sprague Ave 93124t2693 02:41P Spokane Valley, WA 99206 60'E~~~Eff, CI'{ Jr 5,'oKR ;1. $34. ab Spokane Co, 41A Attn: Chris Bainbridge, City Clerk Please Tvpe or Print Neativ 8 Cleariv All Information 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) Devoloper, Centennial Properties, Inc. Gf811te0(S) (Las! Name, First 8 Middle Inftial) Mitigation Agreement with Developer noted above and City of Spokane Valley Le981 D@SCrIptlOfl (Abbreviated form is acceptable) i.e. Section/TownShipJRange/1!4 Section 45033.9128 - 03-25-44 PARCEL A OF RECORD OF SURVEY RECORDED UNDER AUDITOR'S FILE #4871947 bk 105 pg 95 being a portion of sw Y, 45035.9129 - 03-25-44 PARCEL B OF RECORD OF SURVEY RECORDED UPIDER AUDITOR'S FILE # 4871947 bk 105 pg 95 being a potion of S'/Z 45104.9120 - BSP 2004-01 (AFN 5123854); Lot 1(PTN SE % of 10-25-44, AKA Mirabeau Point I Binding Site Plan, BSP-01-04) 45104.9118 -10-25-44, PTN of NW %4 of SE Y. DAF 45104.9121 - BSP 2004-01 (AFN 5123854); Lot 2(PTN SE of 10-25-44, AKA Mirabeau Point I Binding Site Plan, BSP-01-04) 45104.9122 - BSP 2004-01 (AFN 5123854): Lot 3(PTN SE of 10-25-44, AKA Mirabeau Point I Binding Site Plan, BSP-01-04) 45104.9123 - BSP 2004-01 (AFN 5123854): Lot 4(PTN SE of 10-25-44, AKA Mirabeau Point I Binding Site Plan BSP-01-04) 45104.9124 - BSP 2004-01 (AFN 5123854); Lot 5(PT SE of 10-25-44, AKA Mirabeau Point I Binding Site Plan, BSP 01-04) 5194641 , Page: 2 of 12 83124/2805 02141P 6U!E i{M ' T, CI"( 1F VU1( t C c L 39 Spokane Co, l1A 45104.9125 - BSP 2004-01 (AFN 5123854); Lot 6(PTN SE of 10-25-44, AKA Mirabeau Point I Binding Site Plan, BSP 01-04) 45105.9097 - 10-25-44 PTN OF N'/:OF SE LYG N OF UNION PACIFIC RAILROAD (ALSO KNOWN AS SPOKANE INT RR) 45113.9025 - 11 25 44 PTN OF N'/z OF SW Ya LYG N OF SIRR RfW & SLY OF A LN DESC UNDER DEED # 634340C DATED JUNE 30-1972. 45114.9028 -11 25 44 PTN OF GOV L6 LYG N OF SIRR R/W & SLY OF A LN DESC UNDER DEED # 634340C DATED JUNE 30-1972 . Assessor's Tax Parcel ID Number: see above The County Auditor will rely on the informafion provided on lhis form. The Staff vrill nat resd the document to verify tho Accuracy or completeness af the intfexing information provided herein. Sign betow only if your document is Non-Standard. I am requesting an emorgency non-standard recording tor an addiUonal fee as provided in RCW 36.18.010, I understand ihat the recording proc ing requirements may cover up or otherv+ise obscure some parts of the text of the origfnal documenL Fee for non- ing is S50_ stand V7_ i ! ~ $tgr+ature of Rsquesting lsarty 5194641 • Page1 3 of 12 ° LU a;Ii - -t, l: de )F ~:,lY F L~ 93r24l2095 62 : 41 P S,adkane Co, Wfl MTTiGA't 10N AGREEMFNT SR 27 (PIN1±.S FtUAD) / vIANSFTCLI) 17()AD CONSTRUC"1"IUN PROJECT This Mitigation Agreement ("Agrcemenl") is entered into by and between Centennial Proper[ies, Inc. ("llevcloper"), aWashington Corporation, having offices for the transactian of business at 3320 N Argonne Road, Spokane, Washingon 99212, and the City of Spokane Valley ("City"); a polilical subdivision of the State of Washington, herei.nafter jnintly referred to as "Parties": kECITALS 1. The City, 'vi coopcration with Spnkane County and the Washington State Department of Transportation, is planninD to design and construct improvements to the SR 27 (Pi.nes Iload) and Mansfield Road corridor with Tr-ansportation Partnership Program ("1"PP) granl funds from the "1"ransport,ation Tmprovement IIoarcl (TIB) and Congcstion Management/Air Quality (CMAQ) grant fiuids from the Spokane Rebional TransPnrtation Council (SRTC). The naine of the project is the Pines/Mansf eld Comdor Con;estion 12clief Projecl ("Project") and the purpose af tlus projcct is to alleviate e;cisting and Future traffic congestion in this area. "I`he Project will reconfigure the «r$ ramps of I-90 at SR-27 (Fines Rd.), using the existing slip ramps to lndiana Ave. and Montgomery Ave. Wf3 off-ramp tmWic will use the slip ramp to a signalized intersection at lndiana Ave. Vir}3 on-ramp traffic wiil use the slip rainp at Montgomery Ave. To improve operation c7f the WIi on-ramp and ensure safety, the portion of Mcmtgomery Ave. between Pines Rd. ar►d the slip ramp wi]l be one- way, westbounci nnly. Therefore, to provide access to Yuies Rd. fUr the properties west of Pines Rd., Mansfield Ave. will be improved, with a trafl`ic: signal at the intersectian of•' Mansfield Ave. & Pines Rd. Curb, gutte_r, sidcwalks and bike laaes will also be constnicted. ln additican, a signal will be insialled at the Mirabeau Ykwy & Pines Rd. iuterseetion to bring this intersection up to an acceptable levcl of service. 2. The Iaeveloper is the owner/developer of ecrtain real Prcaperly generally loeateci within the SR. 27 (F'ines Road) and Mansfield Road corricior north of Interstate 901egally described in Exhibit "A" ("Property"). 3. The I7eveloper is developing the Propercy for residcntial andlor commercia] uses (the "Development") which vvill increasc traffie ccmgestion and directly impact existing traiisportation infrastructure alonE the Pines/Mansfield corridor from and includin; the ou- and off-ramps at 1-90. Mitigation ot'these i.mpacts will be required as part of dic devclopment af said property. 4. The Partics are desirous of entering into an Agreement which provides for the payment of a proportionate share of the Project in consideration f'or the allocation of a specif:ied number of P.M. Peak Hour Lrips ajZd mitigalion nf Lraffic impacts associated with the Dcvelopment. 5194641 , -Page: 4 of 12 Centennial f'ropertics, fi, . Mitigation Agree 93/24/2883 02:41P , PineslMansfield Road Construction ['roject UU: Ri`1 T, CI r JF 5 F t% 49 Spok2.ne Co, WR 5. 7"he Developer recogni-r..es the nef;d to improve the traffic congestion in the PineslMansfield cnrridor and ha.s agreed to iinanciaLly parlicipate iti the Project by contributi.ng a pro-rata share of the required local matching Iunds. 'I'he Develaper's pro- rata share is based 4n the total number of trips previously estimated for the Developmcnt. 6. Pursuant to KCW 43.21C.060, and RCW 82A2.020, the Cicy has the authoriey to allow apayment ta mifigate a direcl impact that has been identified as a consequence of a propnsed dcvelopment. The City (l) has identified fuhirc mad projects necessitated by planned dcvelopment in certain areas of the City; and (2) has identified a reasonable relationship between impacts generated by the T)evelopment to the lransportation syslem and the financial contribulion toward those impacts. 7. To mitigatc the direct impacLS af tlie 17evelopment upon exislulg transportation facilities, the Parties are voluntdrily entering into th.is Aercement pursuant t4 RCW 82.02.020. 8. It is iutended that this rlgreement provide f~unds in order to m.itigate the direct traf:ic-relatcd impacts of the Development upon the environment which have been identified through the SEPA review process and documenled 'un the City File No. ZE-37- 96[F3SY-01-04 and Mirabeau Point Final Fnvironmental lmpact Statement (FLIS). ACREEMENT NOW, THEREFOKE, in consideration of the mutual covenanLs anci conditions hereafter sel fort.h, the L7eveloper and the City hercto agree as follows: l. Vuluntarv AL-reement. 1"his Ab eement, including all atiached documents, is a voluntary agreement as that term is used in RCW 82.02.020. The mitigation fees chareed herein are proportinnal to the traffic-related impacts ;encrated by the Devclopment. Tlle parties acknowlecige that the eapital projeet is reasonably -necessary tn mitigate the di.rect traffic impact of the Taeveloprnent. in the cvcnt this mitigation agreement is determineti by a court tq be null and vqid the City shall reTund the unexpended poriian of mitigation fees. rollowing a terminatian nf th.is agreement the Developcr shall; as reasonably requircd, mitigate the direct traf_fc impacts of the Developrnent through the Sfate Fnvironmental i'olicy Ac:t. 2. Proieet Funds. The Project is being funded from several sources including, the Washington State Department af Transportation (WSi70T); the TlB, the SRTC, the City, and private developers. Funds from WSIaOT, Til3, SRTC and the City have been obli~ated. See "~,xhibit B". 3. 11litigation Fee. 1 hc 17eveloper shal l pay $151;730, ($303.46 per P.M. Peak Hour trip), which has been determined lo be the llevelaper's contribution to the Project for nutigation of future traffic impacts relateci to the i7evelopment. 'I'his lraffic mitigalion P:lFu6inc WcutACap6fal Preis~inta.NqnSlicl"litigation ApeemenlsAliti}Wtinn Algarnrsns'.NITIGA'I'IOT AGRHEmL•NP Crnttestl I'capvtiesdoc 5194841 Centennial Properties, li. .,vlitigation Agreem, Page- 5 of 12 . Pines/Mansfielcl Koad Construction Projcct. 03/24/26S5 02 1 41A al k~t ~fi, CI' ~ U ' KR Rd. ; $44,is Spokane GD, WA fee shall be cYpended towards the desio , right-af way acyuisition; and construction of the Project. 4. Pavment "fo begin the design of the Project; the Developer agrees to pa_y all, or at least 20% of its mitigation fee no latcr than Februar,y 25, 2005. A lelter af credit, savings assiguncnt, set-aside lctter, or nther appropriate mcchanism that givcs the City a unilatcral right to access the funds pursuant to this agreement from a financial instatution shall also be provided to the City no later than February 25, 2005 for the remauung 80% of the Developer's mitigalion fee. 'I'hc remaining 80% of the T_7eveloper's mitigation i'ee shall be collected by the City no later than 90-days prior t(i the Project bid datc for canstruction. The City will notify the 17evelOper of the Project bid date whcn it is determined. All fees paid by the 17eveloper shall be used as a portion of the local match required for the 7°TB and SRTC gxants related to ttic design, riaht-of-way acquisition; anci construction pf the Projcct. 5. Site Devclonment. Building permits Will be issued for the llcvelopment when 1) lhis agreement fias been eaecuted by the Developer and the City, and 2) the 17cveloper`s miCigation fees have been paid in accordance with Section 4 above, and 3) all other conditions of approval of the Development required by state and local laNs are satisf ieci. Cxecutinn of this agreement relcases the Developer from the requirement of con5tructin; frontage improvemenis on the 1'roperty, provided said frontage improvemcnts are i.ncluded in the Project. lf fTOntaae improvements are not included in the Yroject, the Developer is responsible fbr canstructing frontage improvements in addition to paying the mitigalion fees. 6. Comnliance with RCVV 82.02.020. Payment collected by the City will be held in a uutigation fee reserve account and may nnly be expended to fund the design, right-af- way ac,quisition, and construction of the Project. Payments shall be expended within fivc years of collection. The City shaU be entitled to rei.mburscment from the mitigation fee reserve account for any funds it may eapend for the design, right-of= way ac•quisition, anci construction of'the Project priOr to the collection of the fee. Any funds in the mitigation fee reserve account not expended within fivc years shall be refunded by the City with inlerest as provided in RCW 82.02.020. 7. Committecl Y.M. Peak Hour Trins. The City agrees to reserve Nvithin the Project up cn a total of 500 P.M. I'eak Haur trips for the Praperty until the Devclopment is complete provided such reservalion complies wikh all federal, state and local laws at the ti.me applicaiion for a builciing permit is made. "Complele" is clefineci a.s haviug received all gavenunEntal permits and approvals nccessary to construct and permanently occupy the Development. Tf the total number of P.M. Peak Hour trips for the Developmenl exceeds the total number oi'reserved trips not:ed above, a new traffic study shall be provided to determine if additional trafFic nvtigation is required. P:VI'bflic A'acksSCnpiul Ptqeras5l'i~~\{easfiddl.Nitigqiit Ay--_~UAitjsstion /4ry_._....WITIGA7'IQN AGR,IiL'A1FA'f Cemennia! Yropcflia.Qot . . , • 5194641 Centennial Propcrties,ll. viitigatiori Agreern Page: 6 of 12 _ Nines/Mansfield Road Construction Projecc 33l24/2665 02:41P GO a'WOT, CI' r JF R. ~k S~A. 4 Spokane Co, WR 8. Concurrenev: ln accordance with tfie City's adopted concurrency standards pursuant to RCW 36.70A, the P.M. Peak Hour trips mitigateci herein shall be considered w have satisfied concurrcncy for the Project .f_rom the Devel4pment as provided in paragraph 7. A.ny remaining capacity shall be available to the general public. 9. Norice: All communications, nntices or dcmands of any l:.ind which a parly under tlus Agreemcnt is required or desires to give to wly other party shall be in vvriting and be eithcr (1) delivered personally; (2) sent by facsunile transmissirm vvith an additional copy mailed first class, Qr (3) deposited in the U.S. mail, certified mail postage prepaid, return receipt requested and addressed as follows: I:f to the City: City of Spokane Valley 11707 E. Sprague Ave., Suite 106 Spokane Valley, NVA 99206 Fax: (509) 921-1008 Attn: City Manager lf to the Developer. Wayne Hrosl • Centennial Fropertics, Inc. 3320 N Argonne Rd. Spokane, WA 99212 10. Successors. This Agreement shall be binding on and inure to the benefit of the successors and the assiLms of the Yarties. 11. Governing Law. This Agrccment shaJl be construcd in accordance Nkith the laws of the State o1' Washington. Any action for enforcemenf af this Agreement shall be brought in a court of competent jurisdiction in Spokane County, Washington or as otherw7se provided by statule. 12. ModiFcations. iNo modificatian or ameudment of lhis Agreement shall be valid until the same is reduced to writing and caecuted with the sarnc formalities as the present Agreement. B. Waive.r. No off.icer, employee, agent or othcrwise af the City has the pUwer, right or authority to waivc any of the conditions or provisions to tfus Agreement. No waiver Ur any breach of this Agreement sball be held to be a waiver of any other or subsequent breach. 14. Renresentation. This Agreement forrns a fully integrated agrecment between the Parties. No olher understandings, oral or otherwise, regarding the subject matter of this Agreemeut shall bc dcemed tn exist or to bind any of the Parties hereto. This agreement shall meei the mitisation rcquirements for dircct traffic-related impacts of the Development within the Project liauts as described in the Project description ui Section 1 of the R.ecitals and as identifed and documented in the City rilc(s) P;1f'uh5e 1b'orkaSCeyiW (tvjenz%{knes \4nnsfieldlhtitiypti[m Ayroememsl.Nitigrtim ^,rrsmentcVN 17'ICA770N AGIiL•GAfE.`t7' Cetrnninl Nmpcntics,dtc 5194641 Ccntennial Properties, Ir. .vlitigation Agri Page: 7 oF 12 , Pines/Mansfield Road Constniction Projec.t 03t24/E885 02:41P ~WF t Jri 4T, CI y Jr 5 t1;< .hft t Q a. t9 Spokane Co, VA referenced in Section 8 of the I'Z.ccitals. This agreement shall not supersede any othcr cnnditions of approval not directly relateti to trafFic-related impacts of the DeveloPment within the Project limits. All Parties havE read anti understand all of the Agreement, and now stale that no representati4n, promise or agreement not expresscd in the Agreement has bccn made ta induce any Party to execule the same. 15. Authoritv. Bpkh Aarties to this Agreement represent and cerlify lhat they have full authority and power to cntcr int4 and carry out this Agreemenl. The persons signing this Agreement represent thac lhey have authority to act for and bitid thcir respective principals. P:U'uCCic K'arksSCapitl Pmjcqat1'i.-it,y-A1aasPicML.\1itgatioo AgecmentsAlitiµmicm AEyavrcafsLti9RIGAT1ON AG7tF?F,MENI' Ceatrnrne'silil I4ayeeettBsdm - r 5194641 Centennial Propcrties, h. .vlitigation Agreer PAge, 8 dP 12 . Pines/Mansfield lioad Construction I'rojcct 03/24I2095 62:41P od J- ~.~f- 41+ 1:I i YiF ' KA _ Rt ~ ki6, va SpokFm Co, 4fA L/ TNESS W1=LERFC7F, the Parties have executed this Agreemcnt this day of 2005. l AEVE[.,OPEI't: CcnlTro- ies, Inc. By: Its: i st t STATF OF WASHINGTON ) ) ss. County af. Spokane ) On this '7) day of e, L)4 1jJ,~.p 2005 before mc, the undersigned, a Notary Yublic ul and for the State~qf «,Angton, duly commissioned and s rn, personally appeared ir,0 , ~to me known io bc the the ~ corparation that execijted lhe foregoing insl.rumcni, ~umd ack.nowledged thc instnunent to be the free and voluntary act and deed of the corporation, for the uses and purposes therein rvcntianed, and on oath statcd that hc is authorized to execute the i.nstrument. WITNESS my hand and o _fficial seal hereto affixed ttle day and year in tlus certificate above Nvritten. P. y'~.,~ l ~ Y~.~~~.9-,~ I~iQTA1~Y VUI~LIC, in and or the Statc c~f -140, AR V Washington, residing at ~J~z1~ d ~ • p~~~G :,e~ Viy comnussion expires: %~'lrtl'tY i 'G E'pF?"tiy~►5~Printed Name ~%I~I~Iq~tN CITY OF SPUKANE VALLEY: ~ ` David ~Vlercier, City Manager i , • APP OVF F.OR,M: Chris IIainbridge, City C1 k ary i ell, DIut City Attonicy P.MublicR5x"CapEtal PngxuTines ~9nnsilclSJ.lQigatinn AgtuenrsESL\4ii;gqiw /4SreemrnuWITIGATIUV AVfiLLAtE\"PG;nicnniaf Frnpnud.Coc ' Exhibit "A" ~ / okane Ri 45035.9129 45033.9128 71r~abeau 45033.9128 03-25-44 PARCEL A OF RECORD OF SURVEY RECORDED UNDER AUDITORS FILE #4871947 BK 105 PG 95 SEING A PORTION OF SW1l4 40335.9129 03-25-44 PRACEL 8 OF RECORD OF SURVEY RECORDED UPlDER AUDITORS FILE #4871947 BK 105 PG 95 BEING A PORTION OF S1l2 - 5194641 Page t 9 of 12 93J24/2005 02,42P Cd! Ri~~i, _ GI _ j, 'JKR • f'~ z $36 , t5 Spokm Co, WA Page 1 of 3 , Exhibit "A" - A: ~ T C, tlf O Vm 0 c.> n r A ` ~d V.Y tfl 45104.9120 ~ 45104.9118 x _ ` Mansfield zey r ~ ~ ~ ~ 45104.9121 45104.9122 45104.9123 45104.9124 45104.9125 r ~ U ~ W J Indiana I r 45104.9120 BSP 2004-01 (AFN 5123854): LOT 1(PTN SE 1!4 OF 10-25-44, AKA MIRABEAU POINT I BINDING SITE PLAN, BSP-01-04) 45104.9118 10-28-44, PTN OF MN'/. OF SE Y. DAF: SEG MN COR OF SD NW Y. OF SE Y., TN S 89°56'11°E 288.70 FT ALG N LN OF SD NW'/. TO TRUE POB, TH S 89°56'11" E 278.19 F7 ALG SD N LN, TH S 0°11'33" W 235.94 FT, TH S 89°56'11" E 369.25 FT TO W ROW LN OF DISCOVERY PLACE, TH S 0°11'33" W 2U8.50 FT ALG SD ROW LN, TH SWLY ALG CUR CONCAVE NWLY W/ RAD OF 27,50 FT FOR 43.14 FT, 7H N 89"56'11" W 619.25 FT, TH N 4°06'05" E 471.88 FT TO TRUE POB 45104.9121 BSP 2004-01 (AFN 5123854): LOT 2(PTh! SE 114 OF 10-25-44, AKA MIRABEAU POIMT I BINDING SITE PLAN, BSP-01-04) 45104.9122 BSF 2004-01 (AFN 5123854): LOT 3(PTN SE 1/4 OF 10-25-44, AKA PJIIRABEAU POINT I BINDING SITE PLAN, BSP-01-04) 45104, 9123 BSP 2004-01 (AFN 5123654): LOT 4(PTN SE 1/4 OF 110-25-44, AKA AAIRABEAU POINT I BfNDIMG SfTE PLAN, BSP-01-04) 45104.9124 BSP 2004-01 (AFN 5123854): LOT 5(PTN SE 1/4 OF 10-25-44, AKA NiIRABEAU }'OINT I BINDING SITE PLAN, BSP-01-04) 45104.9125 BSP 2004-01 (AFN 5123854): LOT 6(PTN SE 114 OF 10-25-44, AKA MIRABEAU POINT I BINDING SITE PLAPl, BSP-01-04) Page 2 of 3 . ` Exhibit "A" ~ / ~ 45105.9097 45113.9025 45 14.9 ~ lndiana rn , ~ /ndJana ~ _ ` Nora 09~ W 90 ON ~90 /90 45105.9097 10-25-44 PTN OF N112 OF SE114 LYG N OF UNION PACIFIC RAILROAD (ALSO KNOWN AS SPOKANE INT RR) AND LYG E OF MIRABEAU PKVJY ; TOGETHER VJfTH PTN OF S1/2 OF S112 OF NE1/4 LYG E OF MIRABEAU PKWY AND S OF INLAND EMPIRE PAPER RR R/W. (AKA I'ARCEL "A" OF R.O.S. BK 90 PG 7) 45113.9025 11 25 44 PTN OF N1/2 OF SW1l4 LYG N OF SIRr2 R/W & SLY OF A LN DESC UNDER DEED #634340C DATED JUNE 30-1972 - 45114.9026 11 25 44 PTN OF GOV L6 LYG N OF SIRR WW 8 SLY OF A LN DESC UNDER DEED #634340C DA7ED JUNE 30-1972 5194641 Page: 11 of !2 Wl24/2865 62:41P uu !ER- 4 , T, CI' rIr j 'OKR c du Spokane Co, WR ' Page 3 of 3 Exc}►ibii'B' ~ Pines/Mansfeld Cost Estimate PE ROW Construction TotdlS City PoRion - Martsfiefd Ave. (34ane SetEion) Preliminary Engineering $75,622 Soifs invesfigation $15,000 Right-nf-N,ay $600,000 Projeci Sign~ng $2.000 Contingenciss - 1096 $75,622 Constructian Engineering - 10°'o $75.622 Construction - 10% $756,226 EnvironmenfaUh4isc. Eng $16,393 Subtotats $107,015 S600,000 $909,464 $1,616,479 , WSDO'T Portion Qesfgn Enginsering $200,000 Right-of-N,ay (EuClkl) $25,000 . ROW - Pines $100,000 Construction $1,570,464 ' Contingencies $65,745 Sales Tax - 8.1 % $123,156 ConstrucOon Engineering 16% $202.979 SubtoNals $200,000 $125,000 $ 2,022,345.00 $2,34.L346 TOTAL $307,015 $725,000 $2,931,810 $3,963,825 ' Added $50,000 per revised estimate (rom WSDOT for additional flagging rEquired at RR crossing. TIB $ 2,193,561 55% Develapers $ 499,795 13°r6 City $ 55,000 i% WSDOT $ 55,000 196 CWL4Q $ 1f160,500 2990 Total $ 3,963,856 10096 5194641 Paqs: 12 of 12 0312442005 82:41P ~o~ ~t A M O"Y 1r' S']KA Wi : $3).49 Spokane Co, WR