6468128 Mitigation Agreement Partial Satisfaction: Mirabeau Pkwy 01/27/2016 01:29:24 PM 6468128
Recording Fee $74.00 Page 1 of 2
Partial Release GOVERNMENT, CITY OF SPOKANE VALLEY
Spokane County Washington
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Ree turn 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 as successor to Centennial Properties, Inc. ("Developer")
Grantee: Mitigation Agreement with Developer noted above and City of Spokane Valley,
Auditor's document#5194641 recorded on March 24, 2005
Address: 12310 E. Mirabeau Pkwy, Ste 150
Spokane Valley, WA 99216
County Assessor Parcel No: 45033.9128 and 45035.9129
Legal Property Owner: Pinecroft, LLC as successor to Centennial Properties, Inc.
Legal Description:
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 1/4
45035.9129 — 03-25-44 PARCEL B OF RECORD OF SUREY RECORDED UNDER
AUDITOR'S FILE #4871947 bk 105 pg 95 being a portion of S 1/2
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, as successor to Centennial Properties, Inc., entered into on February 8,
2005 (the "Mitigation Agreement"), and recorded under Recording Number 5194641 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 the conditions below 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 five
years of receipt of funds.
All other conditions, requirements and provisions of the Mitigation Agreement remain in full
force and effect ass_provided by the Mitigation Agreement and as intended by the Parties.
Dated this day of Allen lw , 2015.
Mike Jac i.•n, City Manager
STATE OF WASHINGTON )
:ss
County of Spokane )
On this /2 day of A ,41 , 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, Mike Jackson has �jh/,m
signed this/9 day of .d.� , 2015.
Subscribed and sworn before me this O 21 day of///pufra , 2015.
•
otary Public i f d f►r the Stat of ,i.shin: •
Residing in
My commission expires: VIMIlrgri
(Seal or Stamp)
(CHRISTINE MBAINBRIDGE
NOTARY PUBLIC
STATE OF WASHINGTON i
COMMISSION EXPIRES
•
AUGUST 29,2019 A.