Loading...
16-159.00 Summit Properties: Belleaire 1st Addition Mitigation Agreement Si 11707E Sprague Ave Suite 106 0 Spokane Valley WA 99206 V 11,1lttty 509.921.1000 0 Fax: 509.688.0261 Ocityhall@spokanevatley.org • November 3. 2016 Mr. Rich Dahn1 Summit Properties, Inc. 1270 East Nora, Suite l.?, Spokane, WA 99216 Subject: Bellcaire Addition, Phase 11, 14 logs; PI?-1998-07 Dear Mr. Dahm. The I(caring Examiner Findings, Conclusions, and Decision (the "[fearing Examiner Decision") for the above referenced subdivision require certain traffic impact mitigation to the intersection of Sprague Avenue and Barker Road from Summit Properties prior to (final plat approval. Alternatively, the I leaning Examiner Decision allows the City of Spokane Valley (City) and Summit Properties to agree to other forms of traffic mitigation as determined appropriate. The City and Summit Properties continue to negotiate a voluntary mitigation agreement to describe alternative traffic mitigation as allowed by the !fearing Examiner Decision. However, Summit Properties has submitted Phase II of l3clteaire 1st Addition to Spokane County fir final plat approval. fay this letter agreement. the City agrees to accept voluntary traffic mitigation as described below as acceptable mitigation, provided such acceptance is solely for mitigation for Phase II. The voluntary mitigation fee has been established For the Sprague Avenue and Barker Road intersection improvements at $365.50 per P.M. peak hour trip. The Parties agree that for the 14 lots of Phase II, the total mitigation fee is $5,117.00 ($365.50 per P.M. peak hour trip x 1 P.M. peak hour trip per lot x 14 lots). The City(1) has identified future road projects necessitated by the above referenced subdivision: and (2) has identified a reasonable relationship between impacts generated by the above referenced subdivision to the transportation system and the financial contribution toward those impacts. To mitigate the direct impacts of the above referenced subdivision upon existing transportation facilities, the Parties are voluntarily entering into this letter agreement pursuant to RCW 82.02.020. The Parties agree the mitigation identified herein is solely related to Phase II and that additional mitigation is still necessary for all subsequent phases of the above referenced subdivision. The Parties agree to continue negotiating other appropriate mitigation for all other subsequent phases of the above referenced subdivision. Summit Properties November 3.2016 I3eilcaire I'Addition Phase II Mitigation Acceptance Page 2 of 2 Agreed to this -"day of A/01/12..ANI*.516. SU ; IT PROPERTIES I C : ag 1/ "IN......- Name• e/Ve.,:ivicl e4z-t- .its,: I'CINCt 4 '''i . a h ryi CITY OF SPOT' NE VALLEY: 4LJ oun. City Manager ATTEST. APPROVED AS TO FORM: _ ......: '\---A.Zi4j.il 6_, ____ Christine [3:tinf.�rid�«c. CityClef: I I I Office(0 the City i ey