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5194557 - Mitigation Agreement: Pines/Mansfield RETURN ADDRESS , 5194557 PAge: 1 of 9 Cit of S okane Valle 83/2412095 61:33P Y p y GOl. 2 J 1 Jr, C I' r JF 5• J; j f Gi $21. SpOkdtt; C0, Wff1 11707 E. Sprague Ave - Spokane Valley, WA 99206 Attn: Chris Bainbridge, City Clerk Please Tvpe or Print Neatlv & Clearlv All Information Document Title(s): Mitigation Agreement SR 27 (Pines Road) Mansfield Road Construction Project Reference Number(s) of Related Documents Gfefltor(S) (Last Name, First & h4Bddle Initial) Developer. 17tomas Hamilton Grantee(s) (tast rvamo, First 8 Middle Initial) Mitigation Agreement with Developer noted above and City of Spokane Valley Legel DeSCrlptlon (abbreviated form is acceptable) i.e. Section/TawnshipfRangeJ1/4 Section 45102.9111 -10-25-44;S 30 RODS OF N 43 1/3 RODS OF W 60 RODS OF SW'/. OF NW Y. EXC S 290.00 FT OF W 450.00 FT 8 EXC S 132.00 FT OF E 125.00 FT 8 EXC CO RDS Assessor's Tax Parcel ID Number: 45102.9111 The County Auditor will rely on the information provided on this form. The Staff will not read the document to verfiy the A,ccuracy or compleYeness of the indexing inforrnalion prov6ded herein. - Sign below only if your document is NonStandard. I am requesting an emergency nori-StandaM recorciing for an additional fee as provided in RCW 36.18.010. I understand Utat the recording processing requfroments may cover up or oihsnvise obscure some parts of the text of the original document_ Fao !or non- standard p cessing Fs $50. ~ ~ Signature of Reques mg Pa~ty ~v 5 7~ ' • 5194557 Page: 2 of 9 93124/2665 01:33P ~OJ ~ 4 iT, CI' i i. S'OK h4: s2?.3b SpokAne Co, WR YVlIT1CATION AGREEMENT SR 27 (PiiNES ROAD) / vT.ANSF1Li..n IYUA]) C()NSTRUCTIOY PROJECT 'Ifiis Mitigation Agreement ("Aa eement') is enterEd into by and beriveen Thomas HamiJton, ("Iaeveloper"), having offices for the transaction of business at P O Box 14686, Spokane, Washington 99214, and the City of Spokane Valley ("City"), a palitica] subdivision ofthe State of Washington, hcreinafter.jointly referred to a.t "Parcies": RFCTTALS 1. The City, in cooperation with Spokane County and the Wa,.~hington State Department of °1"ransportation, is planning ta design and construct improvements to the SR 27 (Pines Rcaad) and Mansfeld Road corridor v&rith "1"raasportation Partnership Frogram (TPP) grant funds from the Transportation Lmprovemenl Bodrd (TTB) and Congestion ManagemenVA.ir Quality (CMA(2) grant funds from the SPokane Regional Transportation Council (SRTC). The name af the project is the PineslMansfield Corridor Congestion Relief Project ("Prc~jec:t") and the purpase of this pmject is to alleviaze existins and future traffic eongestion in this area. The 1'roject will reconfigure the WB ramps of 1-90 at SR-27 (Pi.nes Rd.), usina the eristing slip ramps to Indiana Ave. and Mantgomery Ave. RB off-ramp traffic Nvill use the slip ramp lo a signalized intersection at Indiana Ave. Wl3 on-ramp traffic will use the slip ramp at Mantgomery Ave. To unprove operation of the WB on-ramp and ensure safety, the portion of Montgomery Ave. bctwecn Pincs Rd. and the slip ramP will be one- way, westbound only. '1`hcreforc, to provide access to Pines Rd. for the properiies west of Pines Rd., Mansfelci Ave. Will be improved, Mth a traffic signal at the interscction of l4tansfielci Ave. & Fines Rd. Curb, gutter, sidewalks and bikc lanes will also be constructed. In aritiiCian a signal will be installed at the Mirabeau Ylcwry & Pines Rd. intersection to bring this interse.ction up to an acceptable level of serviec. 2. The Taeveloper is the o-Arner/devclopEr of certain real property generally located within the SR. 27 (Pines Road) and Mansfield Road corridor north of Intersiate 90 legally described in E.Yhibit "A" ("Property"). 3. The Developer is developing the Property for resiclcntial ancUor eommereial uses (che "Development") whic.h Nvill increase traffic congcstion and directly impact existing transportatian infrastructure along the :E'ines/Mansfield corridor from and including the on- and off-ramps at I-90. Mitigation of t)iese impacts Nvill be rcquired as part of the development of said property. 4. The Parties are desirous of entering into an Agreement which provicies FQr the payruent of a proportionatc share of the Arojecl in eonsideration for the allocation of a specifieci number nfP.M. Peak Hour trips and mitigation of traffic impacLs associated with the Development. - • , - . ~ . ~ ' M • Thomas I-larnilton, Hamii«n Apartments, Mitigation Agrcement 0,4i; a Pines/Mansfiield Road Construction Project Pagc 2 of 6 ~ o ' aM ~(b 5. The Developer recognizes the need to improve the traffic congcstion in the -cu-~ Pincs/Mansfield u>mdor and has ageed to financially participate in the 1'roject bp cofltributinE a pro-rata share of the required local matching funds. The T7eveloper's pm- m rata share is based on the total numbcr of trips previnusly estiuiated for the llcvelopmenl. ~ ~ 6. Yursuant to RCW 43.21C.060, and RCW 82.02.020, the Cily hm the authority to allow a payment to mitigate a direct impact t6at has been identified as a c;ansequence of a ~ proposed developmcnt. T`he City (l) has identified futurc road projects necessit:ated by planned dcvelopment in certain areas of the City; and (2) has idencified a re.asonabJe ~ relationship bctween impacts, generated by the Devclopment to the transportation system ~ and the financial contribution tnward those i.cnpacts. ~ 7. To mifigate the direct impacts of the Development upon existing transportation " facilities, the Parties are voluntarily entering into this Aereeinent pursuant to RCW ; 82.02.020. ~ a 8. lt is intendcd that lhis Agreement provide funds in order to mitigate the di.rect J traff c-relatcd impacts Uf the Developmeot upon the environmeni which have been ideotified through the SEPA review process and documented in the City File N0. ZE-96-84c. . AGREEV1FNT NUW, 'fHEREFO.FLC, in consideration af the mutual covenants and conditions hereafter set forth, the Developer and the City herelo agree as follows: l. Voluntarv AQrecment. This Agreement, including all attachecl documents, is a voluntary agreemenc as that term is used in RCW 82.02.020. The mitigation fees charged herein are proporlional to the traffic-related unpacts generateci by the 17evclopmcnt. The parfies acknowledge that the capital project is reasonably necessary to mitigate the direct traffic impact of the DevelapmenL In the event this mitigatiUn agreement is determined by a court to be null anci vvid the City shall refund tlie unexpendcd portion of mitigation fees. Following a termination of this aDreement the Developer shall, as reasonably required, mitigate the direcl lra ic impacts of the DevelUpment through the Statc EnvironmentaJ Policy Act. 2. Proiect Funds. 'I'he 1'rojcct is being funtieci from severa.l saurces including, the Wdshington State L`)epartment of Transportation (WSIaO'T), the T173, the SR'1'C; the City, and private developers. 1 unds from WSDOT, TTB, SR.TC and the City have been obligated. See "Exhibit Ti". 3. Mitif!ation Fee. The lleveloper shall pay $28,525, ($303.46 per P.M. I'ealc Haur trip); which has been detemuned to be the Dcvelaper's contribulion to the Project for nutigation of future traffic impacts mlated to the Development. '1"his traffic mitigation fee shall be expended towards the design, right-of-way acquisition; and construction of the Prqjeet. p:1Whd{c WaielC.apiial Prtq~is~Pinef-MarssfcelQJNitiyaliaAgo6necrt~A1¢igalion Ay.......sL~4PYlGA'1'IOY AGk13PNiF1.'1' Tom Itaceihpn,Auc . , . • Thomas I-lainillon, HamiiLun Aparlmenis, Mitigation AgreEment Pines/Mansfield Road Construction Project Page 3 of fi cw) ~ -.-3 h o 0 4. Yaymcnt To begin the design of the Project, the 17eveloper agrees to pay all, ar at least 20% af its mitigation fee no later than February 25, 2005. A letter of credit, ry savings assignnment, set-aside letter, or other appropriatc mechanism that givcs the ~ ti; Q City a unilatcral right to access the funcis pursuant to this agreement from a f nancial `OQ_ 0 v' institution shall also be provided to the City no later than February 25, 2005 for the .10 remaining 80% of the Develaper's mitigation fee. The remaining $p% of the ~ lleveloper's mitigation fef; shall be collccted by the City no later than 94-days prior lo the Project bid date for conslruction. Thc City will notify the Developer of the Projrc:t bid date when it is det.ermi.ticd. All fees pa.id by the Develaper shall bc useci a.~ ` a partion of the local match required for the TTB and SRTC granLs related to the design, right-of-way acquisition, and construction of the Project. ~ :n 5. Sitc Dcvelonment. Building permits will be issued for the Development whcn 1) this ~ agrecment has been executed by the laeveloper and the City, and 2) the Developer's U mitigation fees have been paid in accordance,"7th Section 4 above, and 3) all other conditions of approval o(' the Development required by state and loeal laws are ~ ~ satisfied. ~ J ~ ~ Execution oi'this agreement rcleases the Developer from the requirement of constructing frontage improvements on the Property, provicled said frontagc improvements are included in the Project. l:f frontage improvements are not includeci in the Froject, the 17cvcloper is responsible for conslructing frontage itnprovemenLs in addition to paying the mitigation fees. 6. Comnlianee with 1tCW 82.02.020. 1'ayment eollected by the City will be held in a mitigation fee reserve account wid may only be expended to fund the design, right-af- way acquisition, and con.struction of the Project. Payments shall be expended within five years of callection. The Ciry shall be entitled to reimbursement f.rvm the mitigation f'ee reserve account for any funds it may espend for the design, ri ;ht-of- way acquisiti4n, and construction of the Project prior to the collectinn of the fee. Any funds in the mitigation fee reserve account not eYpcnded wilhin five years shall be refunded by the City with interest as provided in RCW 82.02.020. 7. Cummitted P.M. Peak Hour Trins. 7`he City agrees to reservc within the Project up co a total of 94 P.M. Peal: Hour trips for the Property until the Dcvelopment is complete provided such reservation complies with all federal, state and local laws at the time application far a building pcrnut is made. "Complete" is deCned as havi-nb received all governmental permits atld approvals necessary to construct and permanently occupy the Development. lf the total number of P.M. Peak Hour trips for the Development excECds the total number of reserved trips noted above, a new [ra£fic study shall be provicied to detennine if additianal traffic tnitigation is required. 8. Concurrencv: In accordancc with the City's adoptcd concurrency standards pursuant to RCVd 36J0A, the P.M. Peak Hour trips mitigated herein shall be considered to havc satisfied concurrency for the Project from the I7evelopment as providcd in paragaph 7. Any remaining capacity shall be available to the general public. P:SH~Iic Wt,rkctC4piud P,vJomsY'ir,es-M=feeCQ~N4ifiryttinn AgeementiMliligniiun Aµrcanen"111CATlON AQRPFKI'.N7 Tuai Ii=iiltuaQot • t 0. ' M - Thpmas Hamilton, Hamin.on Apartmenls, MitigatiUn Agrcement ~ 03 Pines/Mansfield Rnad Construetion f'roject I'age 4 of 6 GD o . d cu _ 9. Notice: All communications, notices or demands of any kind which a party under ~ '.V ; a. this Agreement is required ar desires ta give to any Uther part'y shall be in wriling and 0co be either (1) delivered personally; (2) sent by facsimile transmission with an additiona) copy mailed fi.rsl class, or (3) cieposited in the U.S. mdil, certified mail postage prepaid, return receipt requested and addresseci as follows: If to the City: City of Spokane Vdlley l l 707 E. Sprague Ave., Suite 106 Spokane Valley, WA 99206 ; Fax: (509) 921-1008 ; Attn: City Manager 1- ..r t~ If to the Developer: Thomas i-Tamilton . ~ J PO Box 14686 =t Spokane, WA 99214 ~ ~ 10_ SuccGssor-s. This Agreement shall be binding on and inure to the beneft of the succe.ssors and the assigns of the Parties_ 11. C c►verninQ Law. This Agreement shall be construed in accordance with the laws of the State of Vdashington. A.ny actian for enfarcement of this Agreement shall bc broueht in a court of competent jurisdiction in Spokane County, Wa.shington or as othErwisc provided by statute. 12. viodifications. 'Nfo modification or amendment of this Agreement shall be valid until the same is reduced to writi-ng and executed writh the same formalities as the present Agreement. 13. Waiver. No officer; employee; agent or otherwise of the City has the power, right or authorily to waive any of the conditions ar provisions to this Agrccmcnt. 'NlO waiver ar any breac:h of this Agreement shall be held to be a waiver of any other or subsequEnt brcach. 14. Re[►resentation. This Ageemeiit forms a fully integrated agTeement between the 1''arties. No other understandings, oral or otherwise, regarding the subject maller of titis Agreement shall be deemed to exist or to bind any o1'the Parties hereto. This agreement shall meet the mitigation requiremenLs fpr direet traf'-fic-relateci impacts of the Development w7thin the Prpject limits as describExi in the Project descriplion in Section 1 of the R.ecitals aild as identified and documented in the City File(s) referenced in Section 8 of the Recitals. 'nis agrecment shall not supcrsede any other cnnditinns nf approval nnt directly related to traffic-relaled impacts o1'the lleveloprnent within the Project limits. P,U'uTlic N'orksK;npfq{ projcctslP{.-,es-~1ar~cf'u~,~thgtinn npfeemem"litigminn AgeememAhtR1CATVON AGRELISEM Tam Iie.itiltaadoc _ • % 'I"homas f-lamilton, Hamilcon Apartroents, fvlii.igat.ion Agrccmcnt Pines/Mansfield Road Construction Project Paae 5 ot 6 All Parties have reaci anci understand all of the Agreement, and now siate that na representation, prpmise pr agreement not cxpresscd in thc Agreement has been made to induce any Party tU execute the samc. 15. Authoritv. Both Farties to this Agreement represent and certify that they have i-'ull authority and power to enter into anci carry out this Agrcemcnt. T'be persons signing this Agreement represent that they have aulhority to act for and bind their respective principals. 5194557 Qa.gs : 6 of 9 W''c4/2005 81:33P i,d! .~,ME IT, CI"f JF j.'JKR 4 Spokane Co, 1!A P:5W66t War1:slCapifnl Pmje=l4isez-Ma¢evd1AGtip6ua Agtanncn191A1itiga16Un Aµtctmcnis'J.1ITIGATLON ACRF.EVSENf Tan Hamiltuamuc • Thomas Hamilton, Hamilton Apartments, Mitigation Agreement Pines/Manslield Ro<id Const:ruckion Project Page 6 of 6 TN W11NLSS WI=IETLEOF, lhe Parlies have cxecutcd this Agreement this _/Ota._.day oF FEB,~Qa 40-4 , 2005. 1 DFVELQPER: By: Its: t~(omas Hamilton 5194557 Page : 7 af 9 STATF, 0F WASHlNGTON ) W M if, tI 'r jF ~,t„ j hG ~ Rr. ~ SpokaneOCa ej~33P ) ss. County of Spokane ) On tbis I d~~ day of 2005 before me; the undersi~led, a~Tntary Public in and for thc Stat of ~asbi.ngton, duly cammissioned and sworn, persoua.lly appeared '}lo !Y1 R-S D•-f-~!} /h 1 L To Id to me known to be the O w NEK. of , the caqeukivri-that exccuted the foregoi.ng instrument, and acknowlEdged the instnlment to be the free and voluntary aet and deed of the corporaticm, for the uses and purposes therein mcntioned, and on aath stated that he is authorized to execute lhe instrument. WI"1`NLSS my hand and otlicial seal hcreto affixed the day and year in this cerlificatc above "ritten. .,--J a oy ssio~r . q % NO~ARY #UBLIC; in and f,~jr the State of ~ woraqr 9~ : Wa.Shington, residing at ~ 1"U ~i4r~l~ pu80c My commission expireA 9,:14ZQ'1-J Aq yf 1. ~'p1°•~ Fri.nted T4ame 00 ~l-'I1~~ ~ PO NE VAI~i~FY: . ~ Taavid Mercier, City Managcr ~ A . OVFP- A rORM: ~ hris Bainbrige, City Clerk ~ Cary Dlkcll; DeputLCAy Attorney P:V`u61k Wat4elCapital Projo~UWirsa-Afartslkld~4iti$uinn AgreemewNlaigatian AWacnmtsLMlTiCiATfDN AGi"-\GENTTom Itemilmadoc 1 ' . " . . Exhibit "A" Marietta 1 45102.9111 ~n ~ d zi v ~ ~ V1 r Gr i ~ 45102.9111 10-25-44:S30RODSOFN431l3RODSOFVJ60RODSOFSW1I40FMN1/4EXCS290.OOFTOFW 450.00 FT & EXC S132.06 FT OF E 125.00 FT 8 EXC CO RDS 5194557 Page ~ 8 of 9 WR c J h 4T, cl f, 1F 5. AL , fz7 ,5 Spo aneO Co, 8 33P Exdtibit'S' Pines/Mansfield Cost Estimate . PE ROW Construction TotalS City Portion - R.7ansfield Ave. (34ane Sedion) Preliminary Engineerina $75,622 So7s Investigation $15,d00 Right-of-wey $600,000 Project Signing $2,000 Con6ngen-cies -1095 $75,522 Construction Engineering - SO°.o $75,622 Construttion -10% $756,220 EnvfronmentaVAAisc. Enq $16,393 Subtotals b107,015 $600,400 $309,464 $1,618,479 WSDOT Portion • ' Design Engineering $200,000 Right-of-vtay (Euclid) $25,000 ROW - Pines • 5100,0D0 ' Construction . $1,570,464 ' Contingencies $65,745 Sa1es Tax - 8.1 % Si 23,156 Construdion Enqineerinq 16% $262.979 Subtotals $200,004 $125,000 $ 2,022,346.00 $2.347.345 TOTAL $307,015 $725,000 $2,931,810 ' $3,963.825 ' Added S50,000 per 2vised estimate fram WSDOT for additional flagging requir2d at RR cressing. TIS $ 2,193,561 55% Oevalopars $ 499,795 1390 City $ 55,000 196 WSDO7 $ 55,000 1% • ChhAQ , 5 1,160,500 29% . Tofa l S 3,963,356 100% t r 5194557 Qage ; 9 of 9 93/24/2695 61t 33P rst,7i K.E it, C I ' ' )F ~ K i Spokane Co, WR