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05-040.01 SVG View Ranch Estates fly-01A0 NOTICE OF PARTIAL SATISFACTION OF MITIGATION AGREEMENT SR27 (PINES ROAD)/MANSFIELD ROAD CONSTRUCTION PROJECT Grantor: SVG-View Ranch Estates, LLC ("Developer") Grantee: Mitigation Agreement with Developer noted above and City of Spokane Valley Address: 2910 E. 13th Avenue, Spokane, Washington 99202 County Assessor Parcel No: 45091.9002 Legal Property Owner: SVG-View Ranch Estates, LLC Legal Description: 09-25-44 PTN OF SW '/4 OF NE % DAF; BEG AT SE COR OF N 1/2 OF SW 1/4 OF NE 1/4 TH W TO PT OF INTER OF EL OF CO RD 1404 EXTD N TH N ON EXTD LN TO NL OF SPO VALLEY IRR DIST CANAL R/W TH NWLY ALG SD CANAL R/W TO NL TH E TO NE COR TH S TO POB EXC SPO VALLEY IRR CANAL R/W Situate in the County of Spokane, State of Washington. The City of Spokane Valley ("City") received a request for partial satisfaction of the Mitigation Agreement SR27 (Pines Road)/Mansfield Road Construction Project (the "Project") between the City and SVG-View Ranch Estates, LLC entered into on February 8, 2005 (the "Mitigation Agreement"), and recorded under Recording Number 5194672 on March 24,2005. After reviewing the conditions set forth in the Mitigation Agreement and the actions taken by Developer, the City has determined that the Developer has complied with the following conditions, and all such conditions are deemed to be satisfied by the City: Section 3 —Mitigation Fee: Paid in full Section 4—Payment: Paid in full Section 6 — Compliance with RCW 82.02.020: City has expended the mitigation fee on design, right-of-way acquisition, and construction of the Project and did so within 5 years of receipt of funds. All other conditions, requirements and provisions of the Mitigation Agreement remain in full force and effect by the Mitigation Agreement and as intended by the Parties. Dated thi4 day of July, 2015. // r ikel:fkson, City Manager STATE OF WASHINGTON ) :ss County of Spokane //`` On this / ) day of July, 2015, before me personally appeared Mike Jackson, to me known to be the City Manager of the City of Spokane Valley, the Washington municipality that executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act of said Washington municipality, for the uses and purposes therein mentioned, and on oath stated that he was authorized to execute the said instrument on behalf of said Washington municipality. IN WITNESS WHEREOF, m 1 \-\ has signed this /C.) day of ,2015. Subscribed and sworn before me this /6 day of ,i/ , 2015. _ -rolls.. otary Pu she in . y for/a State o Pas'i : on Residing in f .• _ My commission e pires: 1,2 9—/9 (Seal or Stamp) -S.4" 0004%14 ty i 2y �m • y 40 pufi° B Z = V i, Z Z'= /////s q`E O;14'