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HomeMy WebLinkAbout3543 ResolutionRESOLUTION NO. 3!SL A RESOLUTION OF THE CITY OF PASCO APPROVING THE INTERLOCAL COOPERATION AGREEMENT BETWEEN THE CITY OF PASCO & THE HOUSING AUTHORITY OF THE CITY OF PASCO & FRANKLIN COUNTY FOR PAYMENT IN LIEU OF TAXES. WHEREAS, the Housing Authority of the City of Pasco & Franklin County (Authority) owns land within the City that it expects to develop as a housing project for purposes of providing low - income housing opportunities: and WHEREAS, housing projects of the type to be developed by the Authority are exempt fi-om ad valorem property tax levy, one of the primary sources of local tax revenue essential for the provision of local public services; and WHEREAS, the housing project will be of substantial benefit to the community so long as the project includes payment in lieu of taxes (PILOT) equivalent to the property taxes the low - income housing project would have made to meet the costs of anticipated increase in needed public services and facilities; and WHEREAS, PILOT will be made in accord with the terms and conditions of the Agreement, which shall be substantially in the form attached and incorporated herein by this reference as Exhibit "A "; and WHEREAS, the City desires to insure PILOT obligations will run with the land and be binding upon any subsequent owners to whom the Authority may transfer the properties referenced herein: and the City Council having determined said Agreement to be in the best interests of the citizens of Pasco: NOW THEREFORE, BE IT RESOVLED BY THE CITY COUNCIL OF THE CITY OF PASCO: That the City of Pasco enter- into an Interlocal Cooperation Agreement between the City and Authority for PILOT according to the terms and conditions of the Agreement, a copy of which is attached and incorporated herein by this reference as Exhibit "A "; and the Mayor of the City of Pasco is hereby authorized to sign said Interlocal Cooperation Agreement for and on behalf of the City of Pasco. Passed by the City Council of the City of Pasco this _:I_ day of (i 2014 Matt Watkins, Mayor APPRO S TO FORM: Leland Kerr, City Attorney EXHIBIT "A" INTERLOCAL COOPERATION AGREEMENT BETWEEN CITY OF PASCO AND THE HOUSING AUTHORITY OF THE CITY OF PASCO & FRANKLIN COUNTY FOR PAYMENT IN LIEU OF TAXES (PILOT) THIS INTER CAL AGREEMENT, pursuant to Chapter 39.34 RCW, is made and entered into this -71-4--day of r 1 2014 between the City of Pasco, Washington, a Municipal Corporation, hereinafteiJ referred to as "City ", and the Housing Authority of the City of Pasco & Franklin County, a public body corporate and politic of the State of Washington, hereinafter referred to as ``Authority''. WHEREAS, the Authority owns land in the City that it expects to develop as a housing project (the "Project ") for purposes of providing housing to low - income families; and WHEREAS, RCW 35.82.210 exempts a housing authority and its property from all State and local taxes; and WHEREAS, as a condition to providing certain approvals for the Project, the City has requested that the Authority pay, or cause the lessee of the Project to pay, amounts to the City in lieu of taxes to defray the cost of providing essential local public services; NOW THEREFORE, in consideration of the mutual covenants contained herein and for other valuable consideration the parties agree as follows: I. Purpose. The purpose of this Interlocal Agreement is to insure that PILOT payments shall be a continuing obligation and shall run with the land, to be binding upon subsequent owners or successors in interest which may purchase or otherwise receive the properties described herein from the Authority. 2. Property. This Agreement establishes obligations and covenants of PILOT payments as running with the property (the "Property ") more legally described as: THAT PART OF THE NORTH HALF OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER IN SECTION 20, TOWNSHIP 9 NORTH, RANGE 30, E.W.M., LYING EAST OF STATE HIGHWAY NO. 11 (4TH AVENUE), BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING ON THE SOUTH LINE OF SAID SECTION 20 AT A POINT 530 FEET EAST OF THE SOUTHWEST CORNER THEREOF AND ON THE EAST RIGHT -OF -WAY LINE OF STATE HIGHWAY NO. 11; THENCE NORTH 00 °18'17" WEST ALONG SAID EAST LINE A DISTANCE OF 659.47 FEET TO A POINT ON THE SOUTH LINE OF THE NORTH HALF OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20; THENCE NORTH 00 °20'28" WEST ALONG SAID EAST RIGHT -OF- WAY LINE A DISTANCE OF 4.93 TO THE SOUTHERLY MARGIN OF WEST AGATE STREET AS CONVEYED TO THE CITY OF PASCO BY QUIT CLAIM DEED RECORDED PILOT INTERLOCAL COOPERATION AGREEMENT - 2 UNDER AUDITOR'S FEE No. 323673; THENCE NORTH 00 °19'43" WEST A DISTANCE OF 50.84 FEET TO THE NORTHERLY MARGIN OF SAID WEST AGATE STREET AT THE EAST RIGHT -OF -WAY LINE OF SAID HIGHWAY; THENCE NORTH 00 °19'01" WEST ALONG SAID EAST LINE A DISTANCE OF 217.52 FEET TO THE TRUE POINT OF BEGINNING, THENCE CONTINUING NORTH 00 °19'01" WEST ALONG SAID EAST LINE A DISTANCE OF 336.14 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE SOUTHEAST HAVING A RADIUS OF 10.00 FEET; THENCE LEAVING SAID EAST LINE NORTHEASTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 90 012'29" A DISTANCE OF 15.74 FEET TO THE SOUTHERLY MARGIN OF WEST PEARL STREET AS CONVEYED TO THE CITY OF PASCO BY DEDICATION DEED RECORDED UNDER AUDITOR'S FEE No. 1757531; THENCE NORTH 89 °53'28" EAST ALONG SAID SOUTHERLY LINE A DISTANCE OF 344.96 FEET TO THE EAST MARGIN OF SAID CONVEYANCE; THENCE NORTH 00 °18'28" WEST A DISTANCE OF 40.00 TO THE NORTH LINE OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 20; THENCE NORTH 89 °23'57" EAST ALONG SAID NORTH LINE A DISTANCE OF 200.65 FEET; THENCE LEAVING SAID NORTH LINE SOUTH 00 °02'51" EAST A DISTANCE OF 81.64 FEET; THENCE SOUTH 10 °40'47" WEST A DISTANCE OF 148.88 FEET; THENCE SOUTH 01 °21'14" WEST A DISTANCE OF 55.35 FEET TO THE BEGINNING OF A NON - TANGENT CURVE CONCAVE TO THE SOUTHWEST HAVING A RADIUS OF 97.00 FEET FROM WHICH THE CHORD BEARS NORTH 8502]'03" WEST A DISTANCE OF 16.52 FEET; THENCE NORTHWESTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 9046'11" A DISTANCE OF 16.54 FEET; THENCE SOUTH 89 045'53" WEST A DISTANCE OF 48.87 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE NORTH HAVING A RADIUS OF 194.00 FEET; THENCE WESTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 1 006'38" A DISTANCE OF 3.76 FEET; THENCE NORTH 89 °07'33" WEST A DISTANCE OF 30.87 FEET; THENCE SOUTH 89 006' 29" WEST A DISTANCE OF 77.17 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE SOUTHEAST HAVING A RADIUS OF 102.00 FEET; THENCE SOUTHWESTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 33 048'57" A DISTANCE OF 60.20 FEET; THENCE SOUTH 55017'29" WEST A DISTANCE OF 115.68 FEET TO THE BEGINNING OF A CURVE CONCAVE TO THE NORTHWEST HAVING A RADIUS OF 111.00 FEET; THENCE SOUTHWESTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 34 026'22" A DISTANCE OF 66.72 FEET; THENCE SOUTH 89 °43'53" WEST A DISTANCE OF 133.29 FEET TO THE TRUE POINT OF BEGINNING. 3. Payments. The Authority agrees to make, or cause to be made, annually by each October 31, commencing October 31, 2015, a payment in lieu of taxes (a "PILOT ") with respect to the Property, directly to the City, in the amount of $9,243.76, calculated as follows: City of Pasco - $1,732.72 Pasco School District #I - $6,059.49 Port of Pasco - $286.40 Franklin County - $1,165.15 PILOT INTERLOCAL COOPERATION AGREEMENT -3) provided, the PILOT amount to be paid in 2015 shall be prorated based on a ratio, the numerator of which is the number of days remaining in the year from the date the certificate of occupancy for the Project is issued by the City and the denominator of which is 365. 4. Adiustments. The amount of the annual PILOT required by Section 3 shall be re- determined every year from the date of this Agreement, based on relative increases or decreases in the value of the Project as determined by the Franklin County Assessor multiplied by the sum of the property tax levy rate of the City, the Port of Pasco, Franklin County current expense and the Pasco School District # I for the applicable calendar year. 5. Covenant Running With the Land. By this Agreement, the obligation to make PILOT payments shall constitute a covenant that will run with the land, and shall be binding upon assigns, successors in interest, or other interest holders in the above described properties so long as the same is public property as described herein and is transferred to a tax - exempt entity (other than the United States government), which by the laws of the State of Washington is not required to pay ad valorem tax on the property. 6. Enforcement. The City retains all other rights and remedies, in law or equity, which may be necessary, or in any event, available in seeking collection of unpaid and past due PILOT payments. The Authority expressly waives any of the City's obligations to post any bond which may otherwise be required by law to enforce the terms of this Agreement. 7. Interlocal Cooperation Act Provisions. No special budget or funds are anticipated nor shall be created by this Agreement. This Agreement does not require the sharing of special materials or equipment. It is not the intention of the parties to create a separate legal entity to conduct the cooperative undertakings, nor is the acquisition, holding, or disposing of any real or personal property other than the real property previously acquired by the Authority, and specifically described herein, anticipated under the terns of this Agreement. This Agreement shall be filed with the Franklin County Auditor and listed by the subject on either Parties' website or other electronically retrievable public source. 8. Execution. This Agreement shall become effective when it has been approved by Resolution of the City Council of the City and the Board of Commissioners of the Authority. 9. Entire Agreement. This Agreement contains all the terms and conditions agreed upon by the parties. Any modification to this Agreement shall be in writing and signed by both parties. Failure of either party to enforce any provision of this Agreement shall not constitute a waiver of said provision. In the event any provision of this Agreement is determined to be illegal, void, or otherwise unenforceable by a Court of competent jurisdiction, by legislation, or by arbitration award, the other provisions shall remain in full force and effect. 10. Notices. All notices and demands shall be in writing and sent to the parties hereto at their address as follows: City of Pasco Housing Authority City Manager Executive Director PO Box 293 2505 W. Lewis St. Pasco, Washington 99301 Pasco, Washington 99301 PILOT INTERLOCAL COOPERATION AGREEMENT - 4 1 1. General Provisions. For the purpose of this Agreement, time is of the essence. Should any dispute arise concerning the enforcement, breach or interpretation of this Agreement, the City Manager and one designee from the Authority, or any successor, shall first meet in a good faith attempt to resolve the dispute. In the event the dispute is not resolved, it shall be resolved by binding arbitration pursuant to RCW 7.04A, as amended, and the Mandatory Rules of Arbitration (MAR); and venue shall be placed in Franklin County, Washington, the laws of the State of Washington shall apply, and the prevailing party shall be entitled to its reasonable attorney fees and costs as an additional judgment. DATED this -7 day of Apr r 1 12014 CITY OF PASCO Matt Watkins; Mayor STATE OF WASHINGTON ) : SS County of Franklin HOUSING AUTHORITY OF THE CITY OF PASCO RAN KLIN COUNTY F.J. n rson, Executive Director APPR AS TO FORM: Leland Kerr, City Attorney On this day personally appeared before me, Ct,7" !?S G , of the City of Pasco, to be known to be the individual described in and who executed the wi llin and foregoing a Instrument d�zh w,ledged that the signed the same as their free and voluntary act and deed for the uses andy,urpQses therein mentioned. �'�'�fiij l�anck and official seal this day of i zi 4. PUBLIC � � V NOTARY PUB in and for the State of Washington p0 WASN� � Residing at: C s / /,#ofIWO My Commission Expires: `7 STATE OF WASHINGTON ) SS County of Franklin On this day personally appeared before me, F, J. 4�'r''-50h of the Housing Authority of the City of Pasco & Franklin County, to be known to be the individual described in and who executed the within and foregoing instrument, and acknowledged that the signed the same as the free and voluntary act and deed of such entity for the uses and purposes therein mentioned. 'Given under my hand and official seal this day of 2014. r g r N TA UB IC in and fpr the State of Washington Residing at: My Commission Expires: ZDI �'. �� �•° ��` ` :`' PILOT INTERLOCAL COOPERATION AGREEMENT -