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HomeMy WebLinkAboutILA - Washington State Dept Natural Resources Chapel Hill Boulevard LID"Sw"G tory sV WASHINGTON STATE DEPARTMENT OF o nATURAL RESOURCES Ryr a�' HILARY S. FRANZ I COMMISSIONER OF PUBLIC LANDS INTERLOCAL AGREEMENT THIS AGREEMENT, made and entered into this day of J u n10— , 2019, by and between the CITY OF PASCO, a political subdivision of the State of Washington, herein called "Pasco", and STATE OF WASHINGTON, acting by and through the Department of Natural Resources, herein called "State", WITNESSETH: RECITALS A. Whereas State owns the Lots 6 and 7 of Segregation Survey, Auditor's File No. 1847849, Section 16, Township 9 North, Range 29 East, W.M., Franklin County, Washington ("Premises"), as shown on Exhibit A; B. Whereas Pasco has approved and created a Local Improvement District (LID) for the construction of Chapel Hill Boulevard, for which Lots 6 and 7 will be afforded legal access and frontage, once built, as shown on Exhibit A; C. Whereas no grant of road easement for Chapel Hill Boulevard has been granted by State to Pasco; D. Whereas Pasco agrees to compensate State, its assigns, lessees and/or successors, for the required road easement area in an amount recommended by the Special Benefit/Proportionate Assessment Study, as prepared by Valbridge Property Advisors, dated January 15, 2019, at $4.00/square foot for Lot 7 and $5.00/square foot for Lot 6 as the respective valuations. Now, therefore, Pasco and State agree as follows: AGREEMENT 1) Easement Compensation. State and Pasco agree with the findings and recommendations of the Special Benefit/Proportionate Assessment Study, which has determined a value of $4.00/square foot for Lot 7 and $5.00/square foot for Lot 6 along Chapel Hill Boulevard. State and Pasco agree that the total value of the easement area, as encumbered by Chapel Hill Boulevard is as follows: Page 1 of 5 Area Value • Lot 6 (south of Chapel Hill Blvd.): 42,821 sf $214,105.00 • Lot 7 (north of Chapel Hill Blvd.): 129,530 sf $518,120.00 • Lot 7 (roundabout area at Rd. 76): 344 sf $1,376.00 Total Compensation Value $733,601.00 Lot 6 represents 29.19% of the Total Compensation Value, whereas, Lot 7 represents 70.81 % of the same. In lieu of direct payment, and in accordance with Pasco Municipal Code 3.35.230, Transportation Impact Fees, Pasco agrees to provide Transportation Impact Fee credits to each Lot per the respective areas, percentages and values as noted above. The applicable Transportation Impact Fee credits shall be awarded at the time each Lot is approved for development, or portion thereof, in order to compensate State, its assigns, lessees and/or successors for the recommended value of the easement area encumbered by Chapel Hill Boulevard as required under RCW 79.36.440. The Transportation Impact Fee credits, once fully and respectively applied, shall constitute the entire compensation for the easement area. In the event that the Transportation Impact Fee credits are insufficient in providing State, its assigns, lessees and/or successors, the Total Compensation Value, other development impact fee credits shall be considered, as necessary. 2) Distribution Authority of Fee Credits. At the time of submittal of development plans, State, in mutual coordination with Pasco and the developer, shall determine the number and/or percentage of Fee Credits awarded, based on the development of each Lot, or portion thereof. Pasco, in coordination with State, shall maintain a record of awarded Fee Credits until the Total Compensation Value has been achieved and is determined satisfactory to both parties. The appropriate awarding of Fee Credits is irrespective of whether Lot 6 and 7 are sold, leased and/or partially developed through legal segregation. 3) Record of Survey. Pasco shall prepare and record with the Auditor, subject to prior approval by State, a Record of Survey showing the location of Chapel Hill Boulevard on the Premises. 4) Authorization of Agreement. In consideration for conveyance of a road easement underlying Chapel Hill Boulevard, as described herein, Pasco's City Council shall pass a resolution or equivalent document authorizing this Agreement, in its entirety, between Pasco and State, its assigns, lessees and/or successors. 5) Chapel Hill Boulevard Easement. Upon recordation of the Record of Survey and in consideration for Pasco's authorization of compensation, State shall execute an easement document titled City Road Easement, which grants Pasco an Easement for Chapel Hill Boulevard over the Premises. Said Easement is a part of this Agreement as Exhibit B. Page 2 of 5 6) Notice. Any notices or submittals required or permitted under this Agreement may be delivered personally, sent by email or mailed first class, return receipt requested, to the following addresses or to such other place as the parties hereafter direct. Notice will be deemed given upon delivery, confirmation of email, or three (3) days after being mailed, whichever is applicable. To State: DEPARTMENT OF NATURAL RESOURCES Southeast Region 713 Bowers Rd Ellensburg, WA 98926 Email: To Grantee: City of Pasco 525 North 3rd Avenue PO Box 293 Pasco, WA 99301 Email: 7) Construction. The terms of this Agreement shall be given their ordinary meaning unless defined herein and shall not be presumed construed against the drafter. 8) Effective Date. The Effective Date of this Agreement shall be the date on which the last parry executes this Agreement. The Effective Date will be inserted on the first page of the Agreement when such date is determined. 9) Exhibits. Both Exhibits A and B, as referenced in this Agreement, are incorporated as part of the Agreement. 10) The City Manager of the City of Pasco, Washington, shall be designated as the Administrator of this Interlocal Agreement, on behalf of the City. No independent special budget or funds are anticipated, nor shall be created without the prior written agreement of the parties. It is not intended that a separate legal entity be established to conduct this cooperative undertaking, nor is the acquiring, holding, or disposing of real or personal property other than as specifically provided within the terms of this Agreement. A copy of this Agreement, together with the City Road Easement, shall be recorded with the Franklin County Auditor's office. The recorded documents may be posted on the City of Pasco or Department of Natural Resource's respective websites; as required by RCW 39.34.040. Page 3 of 5 IN WITNESS WHEREOF, the parties hereto have executed this instrument, in duplicate, to become effective as of the day and year first above written. CITY OF PASCO Dated: zo , 20 1 /. F DAVE ZAB Dated: i ;�,C , 2Q4�. ti - City Manager P.O. Box 293 Pasco, WA 99301 Phone: 509-545-3446 STATE OF WASHINGTON DEPARTMENT OF NATURAL RESOURCES Deputy Supervisor for State Uplands 1111 Washington Street SE P.O. Box 47000 Olympia WA 98504-7000 Phone: 360-902-1355 Page 4 of 5 NO 0 1097099 300V Baa—did 07/13/1916t 01010 713 Vag.: 1 0[ 3 of l"w Irta®t 0167.00 Hatt Beata. AndROC. FcaWd n Co tY. W1. wI � g i EXHIBIT A 'MAP r Franklin County Recording Cover Sheet ALL information must be written in PRINT only and MUST be legible Complete Name and Return Address: Document Title(s] Grantor lOwnerlLessorlTrustor(s) Grantee/Buyer/LesseelTrustee(s} (� �b� Pffit() AFN # 1896651 AGREE 06/27/2019 03:16 PM 6 Page(s) $104.00 Matt Beaton, Auditor Franklin Co., WA ❑ Additional Names on Page ❑ Additional Names on Page Abbreviated Legal Description (i.e. Lot, Block, Subdivision/Plat or Section, Township, Range) W M _(G%a1411A M Assessor's Property Tax Parcel Number 5 - SlQ . DWS? 4 1-1 - S 1 G - C3!'i Auditor's Reference Numbers _ (if Applicable) ❑ Full Legal Description on Page ❑ Additional Tax Parcel Number(s) on Page ❑ Additional Reference Number(s) on Page The Auditor/Recorder will rely on the information provided on this form. The staff will not read the document to verify the accuracy or completeness of the indexing information. CONFORMED COPY