6444656 Partial Satisfaction of Mitigation Agreement: Mirabeau Pkwy 10/16/2015 11:33:21 AM 6444656
Recording Fee $74.00 Page 1 of 2
Partial Release GOVERNMENT, CITY OF SPOKANE VALLEY
j„.\ Spokane County Washington
11111111111111 I I I 1111 1111 111111 1111 III!11111 11111 1111111 I I 111111 11111 I IIII I II
Return to:
Public Works
City of Spokane Valley
11707 E. Sprague Ave., Ste 106
Spokane Valley, WA 99206
NOTICE OF PARTIAL SATISFACTION OF MITIGATION AGREEMENT
SR27 (PINES ROAD)/MANSFIELD ROAD CONSTRUCTION PROJECT
Grantor: Pinecroft, LLC ("Developer")
Grantee Mitigation Agreement with Developer noted above and City of Spokane Valley,
document#5194594 recorded on March 24, 2005
Address: 12310 E. Mirabeau Pkwy, Suite 150
Spokane Valley, WA 99216
County Assessor Parcel No: 45033.9121, 45102.9109, 45105.9110, 45102.9103
Legal Property Owner: Pinecroft, LLC
Legal Description:
45033.9121 - 03-25-44 / LOUISVILLE ADD PTN OF SW1/4 OF SW1/4 SEC 3S OF N.P.RY
CO R/W EXC
45102.9109 — PINECROFT BUSINESS PARK PHASE II LT 6 BLK 1 OF B.S.P. 01-78
AUDITORS FILE#4679693
45105.9110 — PINECROFT BUSINESS PARK PHASE II LT 7 BLK 1 OF B.S.P. 01-78
AUDITORS FILE#4679693
45102.9103 — 10-25-44 (SP98-1188) TR 4 OF SP98-1188 AUDITORS #4376384, BK 16 PGS
27 & 28
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 Pinecroft, LLC entered into on February 8, 2005 (the "Mitigation Agreement"), and
recorded under Recording Number 5194594 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 as provided by the Mitigation Agreement and as intended by the Parties.
Dated this day of October, 2015.
f17 J. son, City Manager
STATE OF WASHINGTON )
:ss
County of Spokane )
On this Cfi day of October, 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.6 "
/` IN WITNESS WHEREOF, 1 'e. CY xSd� has sign this Co day of
tv/3� , 2015. Subscribed and sworn before me this day of , 2015.
CHRISTINE M.BAINBRIDGE
NOTARY PUBLIC i 414.
If
l otary Public i and �' the Sta,efof Wa•1 ingt 'n
STATE IS IONWASHINGTONERES /t/� .Mt
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COMMISSION EXPIRES � Residing in , � � � // S
$k AUGUST 29,2019 /� My commissio expires: ) -,,L9-,_2(J'9
(Seal or Stamp)