Item: WS #2Washington • June 18th, 2020
Jurisdiction FiledJune 18th, 2020COUNCIL MEETING DATE: June 22, 2020 SUBJECT: Development Agreement for Corner 9 Properties LLC.., a residential townhome project. ATTACHMENTS: Proposed Development Agreement, Copy of AMC 20.39-Development Agreements, Illustrative Map DEPARTMENT OF ORIGIN Community & Economic Development; Marc Hayes, Director 360-403-3457 EXPENDITURES REQUESTED: 0 BUDGET CATEGORY: 0 BUDGETED AMOUNT: 0 LEGAL REVIEW: DESCRIPTION: Proposed Development Agreement for Corner 9 Properties LLC., describing certain conditions and allowing for the use of the projects Traffic Impact Fees (TIF) to be utilized for the additional transportation improvements associated with the extension of Gilman Ave., the public parking lot and the park access road. Community Park Impact Fees (CPIF) to be utilized for the dedication of a 9 acre parcel(Tract P) and the dedication of a 1.8 acre parcel (Tract Q) as additional park property, in lieu of payment. HISTORY: Development Agreements are utilized to ensure that certain terms