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HomeMy WebLinkAboutR-2001-087 Home Depot / Valley Mall Boulevard InterchangeRESOLUTION R 2001- 87 A RESOLUTION authorizing the City manager to enter into a funding agreement with Home Depot U.S.A., INC., for Interchange Improvements. WHEREAS, on October 17, 2000, in connection with the development of a Home Depot store in the vicinity of 2115 South First Street, within the Central Business District Support zoning district (City file number UAZO ED #19-00) (the "Home Depot Project"), the City issued its Notice of Application regarding a SEPA Checklist for the Home Depot Project; and WHEREAS, following the required twenty (20) day public notice period and consideration of all comments received, the City issued its Revised Mitigated Determination of Nonsignificance, dated December 19, 2000 (the "City Decision"), which determined that the Home Depot Project will not have a probable significant adverse impact on the environment, provided certain measures are taken to mitigate potential adverse impacts, including without limitation funding of Home Depot's proportionate share of interchange improvements to the Valley Mall Boulevard Interchange. The interchange improvements to the Valley Mall Boulevard Interchange are not completely identified and funded, and such identification and funding is to a substantial extent in the control of the Washington State Department of Transportation; and WHEREAS, the interchange improvements to the Valley Mall Boulevard Interchange are not completely identified and funded, and such identification and funding is to a substantial extent in the control of the Washington State Department of Transportation; and WHEREAS, the City and Home Depot desire to establish a mechanism to fund Home Depot's share of the interchange improvements to the Valley Mall Boulevard Interchange at this time, rather than waiting for the Washington State Department of Transportation to complete identification and funding of such improvements; and WHEREAS, it is in the best interests of the City to establish Home Depot's promise to pay to the City Home Depot's proportionate share of interchange improvements to the Valley Mall Boulevard Interchange by the attached agreement; now, therefore: BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is authorized and directed to execute the attached Interchange Improvements Funding Agreement with Home Depot U.S.A., INC. ADOPTED BY THE CITY COUNCIL this -5-77/day of June, 2001. AT 1'EST: ICC ary Place, Mayor Karen S. Roberts, City Clerk C:\Karen's Files\RESOLUTIONS\PEf'1RSON\Home Depot interchange funding res.docLast printed May 31, 2001 8:43 AM 2 INTERCHANGE IMPROVEMENTS FUNDING AGREEMENT THIS INTERCHANGE IMPROVEMENTS FUNDING AGREEMENT (this "Agreement") is made and entered into as of the day of , 2001, by and between CITY OF YAKIMA (the "City"), and HOME DEPOT U.S.A., INC., a Delaware corporation ("Home Depot"). Recitals. VW) as more particularly described on Exhibit A, A. On October 17, 2000, in connecti with the development of a Home Depot store in the vicinity of 2115 South First Stree within the Central Business District Support zoning district (City file number UAZO ED 19-00) (the "Home Depot Project"), the City issued its Notice of Application regarding a SEPA Checklist for the Home Depot Project. B. Following the required twenty (20) day public notice period and consideration of all comments received, the City issued its Revised Mitigated Determination of Nonsignificance, dated December 19, 2000 (the "City Decision"), attached hereto as Exhibit B, which determined that the Home Depot Project will not have a probable significant adverse impact on the environment, provided certain measures are taken to mitigate potential adverse impacts, including without limitation funding of Home Depot's proportionate share of interchange improvements to the Valley Mall Boulevard Interchange. The interchange improvements to the Valley Mall Boulevard Interchange are not completely identified and funded, and such identification and funding is to a substantial extent in the control of the Washington State Department of Transportation. C. The parties desire to establish a mechanism to fund Home Depot's share of the interchange improvements to the Valley Mall Boulevard Interchange at this time, rather than waiting for the Washington State Department of Transportation to complete identification and funding of such improvements. Agreement. Now, therefore, in consideration of the premises and of the mutual covenants contained herein, the parties agree and promise: 1. Interchange Improvement Project Funding. Within sixty (60) days of the City's notice to Home Depot that (a) the interchange improvements to the Valley Mall Boulevard Interchange (the "Interchange Project") have been identified and funded by the Washington State Department of Transportation, and (b) all necessary permits have been issued in connection with construction of the Interchange Project, Home Depot shall pay to the City of Yakima the sum of Ninety -Four Thousand Three Hundred and Seventy dollars ($94,370.00), or such lesser sum as the City may determine represents Home Depot's share of the Project, in full satisfaction of Mitigation Measure Number 1 in the City Decision. This clause is a promise made by Home Depot and Home Depot intends that the City of Yakima and the Washington State Department of Transportation may rely this promise to establish funding for the Interchange Project. 2. Attorney Fees. Should any litigation be commenced between the parties to this Agreement or concerning the transactions contemplated hereby, the prevailing party in such litigation shall be entitled, in addition to such other relief as may be granted, to receive from the losing party a reasonable sum as and for its costs and attorney's fees at trial, on appeal, in connection with any petition for review, or in any proceeding before a U.S. Bankruptcy Court, said amounts to be set by the court before which the matter is heard. 3. Notices. All notices or other communications required or permitted hereunder shall be in writing, and shall be personally delivered (including by means of professional messenger service) or sent by registered or certified mail, postage prepaid, return receipt requested, or by facsimile transmission followed by delivery of a "hard" copy, and shall be deemed received only upon the date of actual receipt thereof or upon the date on which an attempted delivery is refused (in either case as evidenced by the delivery receipt or confirmation), as follows: If to City: with copy to: City of Yakima c/o Department of Community and Economic Development 129 N. Second Street Yakima, WA 98901 Telecopy No. (509) 576-6792 City of Yakima c/o City Legal Department 200 S. Third Street Yakima, WA 98901 Attn: City Attorney Telecopy No. (509) 575-6160 If to Home Depot: Home Depot U.S.A., Inc. 3800 West Chapman Avenue Orange, CA 92868 Attn: Legal Department and Real Estate Department with copy to: Parisi & Parisi, PC 1630 SW Morrison, Suite 100 Portland, OR 97205 Attn: Robin B. Parisi, Esq. Telecopy No. (503) 721-2300 Notice of change of address shall be given by written notice in the manner specified in this Section 3. IN WITNESS WHEREOF, the parties have executed this Agreement as of the date and year first hereinabove written. CITY OF YAKIMA, WASHINGTON City Contract 2001-57 By: Resolution R-'-2001-87 Title: Richard A. Zais, Jr., City Manager (p-1-0( "City" HOME DEPOT U.S.A., INC., a Delaware corporation By: itt.041 1)/t1/1 Title: I_ 1,c( 12(0,41 f G tr i j1 Date: 1-) -1 "Home Depot" EXHIBIT A Legal Description Portions of the SE 1/4 of NE 1/4 of Sections 31 and 32 of Township 13 N., Range 19, E.W.M. and a portion of Lots 2 and 4 Short Plat no. 79-189, recorded under Auditor's File Number 2556574, City of Yakima, Yakima County, Washington. EXHIBIT B City Decision 05/16/2001 11:14 FAX 509 328 8224 Taylor Engineering Inc 12-28,-00 • 16:A1 SPECIAL SERVICES IDm266 574 3569 DEPARTMEJ OF COMMUNITY AND ECONOMIC D., 'ELOPMENT Planning Division. 229 North Second Street Yakima, Washington 98901 Phone (509) 5756183 • Fax (509) 575-6105 NOTICE OF DECISION Compliance with the Washington State Environmental Policy Act (SEPA) December 19, 2000 G 002 P.O2 On October 17, 2000 the City of Yakima issued a Notice of Application regarding a SEPA Checklist for the proposal Home Depot requesting to demolish of five existing structures totaling 94,602 square feet. The construction of a new 132,294 square foot "Homy: Depot" hone improvement store'in addition to a 30,000 -plus and a 5,000 -plus square foot retail pads and associated parking for 889 vehicles. The project is located in the vicinity of 2115 South 1" Street, within the CBDS, Central Business District Support zoning district. City File Number UAZO EC #19-00. Following the required 20 -day public notice period and consideration of all comments received, the City of Yakima, Washington has determined that this proposal will not have a probable significant adverse impact on the environment provided certain measures are taken to mitigate potential adverse impacts. On November 27, 2000 the City of Yakima issued a Mitigated Determination of Nonsignificance. Upon receipt of additional information, the City of Yakima has withdrawn the November 27, 2000 MNDS and has issued the enclosed "Revised" Mitigated Determination of Nonsignificance. This Decision may be appealed within five (5) working days from the date of mailing of this decision. Appeals must be in writing and on forms available from the City of Yakima Planning Division,129 North 2nd Street, Yakima, Washington. For fui titer Information or assistance, you may wish to contact Dan Valoff, Acting Planning Manager, (509) 375-6163. CP112'-'1 Dan Valoff Acting Planning Manager Notice of Decision Mailing Date: 12/19/00 Enclosures: MDNS, site plan, vicinity map Copy: All parties of record 12/28/2000 TS'U 16:08 [TX/RIC No 68741 05/16/2001 11:14 FAX 509 328 8224 12_28-90 16:01 SPECIAL SERVICES Taylor Engineering Inc Z003 ID=206 574 3569 WASHINGTON STATE ENVIRONMENTAL POLICY ACT REVISED MITIGATED DETERMINATION OF NONSIGNIFICANCE CITY OF YAKIMA, WASHINGTON DECEMBER 19, 2000 PROJECT DESCRIPTION; The demolition of five existing structures totaling 94,602 square feet. The construction of a new 132,294 square foot "Horne Depot" home improvement store In addition to a 30,000 -plus and a 5,000 -plus square foot retail pads and associated parking for 889 vehicles. PROPONENT: Home Depot LOCATION: Vicinity of 2115 South V' Street, Yakima, WA. LEAD AGENCY: City of Yakima. FILE NUMBER: UAZO EC#19-00 DETERMINATION: The lead agency for this proposal, has determined that the probable significant adverse impacts on the environment can be mitigated and an environmental impact statement (EIS) will not be required as provided under RCW 43.21 C.030(2c). This Mitigated Determination of Nonsiglficance (MDNS) is issued subject to specific mitigating measures listed herein. This decision was made after review of a completed environmental checklist and other information on file with the lead agency. This information is available to the public on request. A Notice of Application for this proposal was issued on October 17, 2000 subject to a 20 -day comment period. This Mitigated Determination of Nonsignificance (MDNS) is_ hereby conditioned upon thetfollowing mitigating measures as authorized 1!I Mel WAC i $t ! • 1 1 -680 arid .Y MC 6.00..100. atri=a C.E,8. 1 C0("3)(5) ea..s 3y1.:poi :'cry by these. findings and policies, Findings: 1. As part of the environmental analysis for the Home Depot development, the applicant submitted a Traffic Impact Analysis prepared by Kittieson & Associates of Portland Oregon (September 2000) and the site plan prepared by Taylor Engineering (8/30100). 2. The City of Yakima requested Home Depot examine the vehicle emissions of Carbon Monoxide impact of this new development upon the Yakima Non -attainment Area for Carbon Monoxide, pursuant to the National Clean Air. The Non -attainment Area extends to valley Mall Boulevard and includes this development site. Mitigation Home Depot, 2115 S. 1" 5t. UAZO EC#19.99 P. 03 1Z/28/2000 TSU 16:08 (TX/RX NO 68741 05/16/2001 11:15 FAX 509 328 8224 12--g5-90` 16 : 62 SPECIAL SERVICES Taylor Engineering Inc X1004 ID=206 574 3569 P.04 measures examined pursuant to this analysis are traffic flow enhancements including improvement identified in the mitigation measures below. The bus pull out recommended below is not quantified in a reduction of CO emissions, but is expected to provide additional relief. The City of Yakima in the SEPA review of this application accepts the recommended mitigation measures related to the Non -attainment area. 3. Other items discussed in the study are enhancement to the Valley Mali Boulevard interchange in Union Gap which are primarily the responsibility of Washington State Department of Transportation and Union Gap. The Klttelson Traffic Study for Home Depot estimates an impact of approximately 60 vehicles during the weekday PM Peak hour to the Valley Mail and 1-82 interchange, The draft Bucher, Willis & Ratliff, Traffic impact Analysis dated January 2000 for the Valley Mall Expansion estimates approxime.te!y 54 vehicles r+urino PM Peak hoer will i ase the 18`" Street and Nott Hitt,.Boulevard intersection en route to the Valley Mall. Therefore the impacts are very comparable. The City of Yakima will require Horne Depot to mitigate the current deficiency at the 18th Street and Nob Hill Boulevard intersection and responsibility for a proportionate share of improvements to the i-82 Valley Mall Boulevard interchange. 4. The environmental review did not consider the 5,000 square foot building for use as a drive-through restaurant. Therefore, in the future if any additional drive-through restaurants are proposed for this site, a separate environmental review will be required including mitigation measures as necessary. 5. The Yakima Urban Area Comprehensive Plan includes the following policies applicable to this proposal: • Plan Objective T3: Consider traffic safety and congestion in the design and site layout of new development, • Plan Policy T3.3: Major new developments may be approved when their impact on surrounding road system is evaluated and it is shown that design capacities will not be exceeded. • • Plan Policy T3.4: Require traffic Impact studies where appropriate to determine the need for traffic signals and other roadway improvements. Home Depot, 2116 S. 1' St. 2 UAZO EC#19.99 12/28/2000 THU 16:08 (TX/RX NO 68741 05/16/2001 11:15 FAX 509 328 8224 Taylor Engineering Inc 01005 IDtl296 574 3569 P.O5 12_214--09 16=92 SPECIAL SERVICES Mitigation Measures: 1, As their share of the solution to the regional transportation problems, Home Depot will be required to contribute a proportionate share of $94,730 for improvements to the Valley Mall Boulevard interchange in accordance with the December 14, 2000 letter submitted by Troy A. Suing, P.E., Regional Planning Engineer for the Washington State Department of Transportation. The financial contribution by Home Depot shall be paid to the City of Yakima upon the signing of a development agreement and shall not exceed the requested $94,730 identified by the Department of Transportation. 2. Home Depot will be required to mitigate the impact of this development to the East Nob Hill Boulevard and South 18" Street intersection; Home Depot will provide video detection for the northbound and southbound approach of South lir Street at East Nob Hill Boulevard. Thio enhanced detection will pdvvicJ foi ie -sniping and necessary detection changes to accommodate the shared left —through and right turn Zane, as identified in the Kittelson Study. Video detection specifications will be to the satisfaction of the City of Yakima. 3. Home Depot shared driveway approach to Washington Avenue must be a minimum of 90 feet from the east side of the existing car wash driveway, not inclusive of any radius, This requirement will provide necessary separation between the two developments, as well as provide some opportunity for left turns on or off Washington Avenue to the Home Depot development. 4. The driveway and utility easement, which currently serves the car wash, Burger King and Garnache property from Washington Avenue shall be relocated, as indicated on the revised site plan, dated 11-15-00. 5. The westbound left tum lane on Washington Avenue shall be re -striped and extended to a minimum of 160 feet, as recommended in the Traffic Impact Analysis. 6. Parking and access easements shall be extended to the existing Taco Time reet:: u et The to Wen indicates (hive-thrr 'gh Imre end narking on the Home Depot site, with a small paroel line around the building only of Taco Time. No separate access to Taco Time will be allowed to South First Street. 7. Raised concrete channelization islands are recommended at the northern and southern driveway to the development site from South First Street. 8, The traffic signal as proposed at the main entrance to the development site will be accepted into the public street system, with the following items: vehicle loop detectors in the private road will be within a dedicated public easement for maintenance; turning arrows on private road must use MUTCD standards; intersection will be re -striped to denote appropriate items such as a cross -walk will be marked across all street frontages; handicap curb ramps be installed at all crosswalks; stop -bars painted in Home Depot. 2115 S, r 5t. 3 UAZO 6= 9-99 12/28/2000 THU 16:08 (T%/R% NO 68741 05/16/2001 11:16 FAX 509 328 8224 12-za e$ 15S2 SPECIAL SERVICES Taylor Engineering Inc z006 ID'286 574 3569 P.e5 locations consistent with MUTCD. The traffic signal to be installed will be compatible with the City of Yakima NEMA standards and the controller at First Street and Washington Avenue. 9, Signal interconnect will be required between the intersection of South First Street and Washington Avenue and the proposed new signalized street in order to provide for coordination of these two signals. The new signal will include a signal master to facilitate coordination of the signal at South First Street and Washington Avenue. 10. The proposed bus pullout shall be installed as shown on the site plan along First Street. [ X) This MDNS is issued under WAC 197-11.355, Optional DNS process. There will be no additional comment period on this MDNS. APPEALS: This determination may be appealed pursuant to YMC §6.88.170 to the Yakima city council, 129 North 2nd Street, Yakima WA 98901 in writing no later than five working days from the date of mailing. Be prepared to make factual objections. Contact Dan Valoff, Acting Planning Division Manager (509) 575-6163 for more information. RESPONSIBLE OFFICIAL: Dan Valoff POS{TION / TITLE: Acting Planning Division Manager TELEPHONE: (509) 575-6163 ADDRESS: 129 North 2nd Street, Yakima, WA 98901 aiDATE: December 19. 2000 SIGNATURE: (---1...., .%) Home Depot. 21 1 5 S. 1'' St. 4 UAZO EC#19-99 12/28/2000 TSU 16:08 [TX/RX NO 6874) 000Z/8Z/ZT I'L89 ON ](g/IL) 10=9T mu • t ,K illiffiR111-.1.1.-- . 1 li d _ II I I1� IIS•': .s1}`tTfill I f1 . nllI.[1Li1 1W ���t� _'■ Mia :ltill ,► , +,. -1 I Ail 0633,404 LANE 1 HOME DEPOT CONCEPTUAL SITE PLAN 'YAKIMA, WASIONGTON RECEIVED Si4 Ed UN 1 CRY Or YAM %MOO UK 4 IONIAN. a. ...... •1'atY1l .M.I�M/.... ,In..a.r.■p„RMLA al. • �t 1111 alit11111-$1. tilt- iltiii .10\141-11-161-. .: • 1 {tl�l I.111�i '',?c( 11i•E''[I#t1I 1;il11R litI141 • r\ - . MifilIVNIiiii Millinilikl.:: .• . .. A iglillilit,, 4_ sAV--:::...:\ t\\\...1,1.N..:-...,-,...,:-.1.._....„.... . •,, ii. \\4 r 1.- w.rl.t .vvrN.•.1 wo•�•!��r .Nl•u�.� IM- 4:171%...... a ALI..I•�Y..�lyi .rill• • .A I•.R•N I.A r1, •L..� ..O•nc Aea AittouS Etnan▪ imi it .1 ludo N 1 O 0 I ca0 ✓ M W ai 'U 0 cri r my Xi 0 14 0 H N 0 ..I 01 01 W N al w • _ •, N lam. 1 P.AI rwrar.i.n.d��.ua ir ,..u.....n,....._ n R.0 =� :::.;:-tF7ti r . .n•t 112. SC CALI EECURC YOU GIG 1--800--553-43114 ow MI. ►wwce is K. MILE ,doW110 CA Oa 'NAV W 0 ,r 43 N O N oui 9uTsaauT9ua aoTsvy U0/10/Z00i II:i7 ru. bus ;n0 0ZZ4 Taylor Engineering Inc 12 -2s, -se 16=04 SPECIAL SERVICES ID=206 574 3569 EJOO8 P.05 CTTY OF YAKIMA, WASHINGTON Information Services - GIS FILE NO: UAZO EC#19-00 APPLICANT: HOME DEPOT REQUEST: DEMOLISH EXISTING STRUCTURES & CONSTRUCT A RETAIL STORE / GARDEN CENTER LOCATION: 2009, 2015, 2017 & 2111 S. 1ST ST, 0 Scale -11n =300h W 400 Subject Property Zoning Boundary Yakima City Limits 6C -19 -Ce I0A79N0 12/28/2000 THU 16:08 TTX/RX NO 68741 3.0m SNIO. 34200 30500 TO YAKIMA TO YAKIMA +800 3.0m 490— N Rodkin Rd 180 40 170 50 . 331 J 91.4m TAPER .6m LD. PRF .4m SHLO. +9 v 0 62 TO SUNNYSIDE TRAFFIC DIAGRAM 000 = ESTIMATED 2001 PM PEAK 182.9m TO YAKIMA An TO SUNNYSIDE T 1+281.880 P.O.T.= L 58+108.679 P.O.T. 118.9m LT.) 195.1m TAPER 58+000 45.7m TAPER +300 TRAFFIC DIAGRAM 000 = ESTIMATED 2021 PM PEAK SIGNALIZE I/S T LINE aft R=349.301m 1+500 +600 T LINE 5=6 Y. +ADO PHASE 8 0,65 KPH � C�� _�• I.2m SHLO. 3.Om Lfe 9 ■ Ill!l I■IE■ri u■.IM1■11■i9■PRr�-* ��--__ n7jl�tu���`- 4JIIMPSERrMM 9Y:� ■11■M1. 1� f9E ■I ILT.,�7 5HI `njl�Cr , L 58+374.373 P.0 = I !i� ``` 1+305.801 P.O.T. 1:11 11.+400 U LINE 1 \AR" ll Q U 1+000.000 9.0.7.= L 58+037.051 P.O.T. 123.2m RT.) PHASE 1 ASE 6 LJ V U IEN C LJ Ll A LJ V 8 E, 50 SCALE IN METERS 100 1+255.423 P. .7.. I�I'f�� V 1*255.423 P.O.T. A, �.LI ' I13/ 'I,II�i 411111" STATE FED.AID PROJ.NO. DESIGNED BY ENTERED BY CHECKED BY 10 WASH PROD. ENGR. REGIONAL ADN. DATE DATE REVISION 8Y J00 161104/1 CONTRACT ENVIRONMENTAL AND ENGINEERING SERVICE CENTER tilly�tl ` iI Department of Transportation VALLEY MALL BLVD. INTERCHANGE SR 82 MP 36.30 YAKIMA COUNTY PRELIM INTERCHANGE PLAN pat mon2 W1.1 Washington State Department of Transportation Local Agency Participating Agreement Developer Mitigation Payments For Transfer to State Organization and Address City of Yakima Planning Division 129 North Second Street Yakima, WA 98901-2637 Agreement Number LM 00344 State Route No 82 Control Section No 3999 Region South Central Section / Location I-82 - Valley Mall Boulevard Interchange (Exit36) Description of Work Add lane to Westbound Off Ramp and signalize the WB Ramp / Crossover I/S. Work completed in 2002. Mitigation Payments Collected Developer Name Company Name Kirk Bezanson Date Collected Amount HOME DEPOT - Hm Imp Cntr December 19, 2000 94,730.00 2009 - 2111 South First Street Total Funds Transferred to STATE for This Project $ 94,730.00 This AGREEMENT, made and entered into this /L/ day ofe,, , between the STATE OF WASHINGTON, Department of Transportation, acting by and through the Secretary of Transportation, hereinafter called the "STATE", and the above named organization, hereinafter called the "AGENCY" WHEREAS, the AGENCY has collected developer mitigation payments pursuant to RCW 82.02 020 that have an expiration date of five (5) years from date of collection, and WHEREAS, the AGENCY desires to transmit these funds to the STATE for use in constructing the above referenced project, and WHEREAS, the STATE has programmed and budgeted the subject project. NOW THEREFORE, in consideration of the terms, conditions, covenants, and performance contained herein, or attached and incorporated and made a part hereof, IT IS MUTUALLY AGREED AS FOLLOWS. GENERAL The STATE will apply all funds collected by the AGENCY pursuant to RCW 82.02.020 to the project shown above under DESCRIPTION OF WORK. In the event the STATE does not utilize the funds within the statutory time period, the STATE shall refund the funds to the property owner of record at time of refund in accordance with RCW 82.02.020. The STATE shall act as lead agency in developing the contract documents and administering a contract that will address traffic congestion on the noted highway improvement. Plans, specification, and costs estimates shall be prepared by the STATE in accordance with the current State of Washington Standard Specifications for Road, Bridge, and Municipal Construction and adopted design standards, unless otherwise noted. The STATE will incorporate the plans and specifications into the STATE project and thereafter advertise the resulting project for bid and assuming bids are received and a contract is awarded, administer the contract. II PAYMENT Upon execution of this agreement certifying the project is currently budgeted the AGENCY will transfer to the STATE the amount of mitigation payments shown in the heading as "TOTAL FUNDS TRANSFERRED TO STATE FOR THIS PROJECT " 111 LEGAL RELATIONS No liability shall be attached to the STATE or the AGENCY by reason of entering into this agreement except as expressly provided herein. The STATE will hold the AGENCY harmless and defend at its expense any failure by the STATE to comply with RCW 82.02.020 by not constructing the project or not refunding the funds received to the property owner of record IV EFFECTIVE DATE This agreement shall become effective on the date executed by the parties hereto, and continue until the project is completed or the funds are returned to the property owner of record V CHANGES This agreement may be amended, altered, changed, or extended only by written agreement of the parties hereto. IN WITNESS WHEREOF, the parties hereto have executed this AGREEMENT as of the day and year first above written AGENCY By- Title. Date. DOT Form 224-015 EF 6/95 STATE OF WASHINGTON DEPARTMENT OF TRANSPORTATION Lakt, By: Don Whitehouse Title South Central Region Administrator Date. % BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 9 For Meeting of June 5, 2001 ITEM TITLE: Consideration of a Resolution for the Valley Mall Interchange Improvement Funding Agreement between the City of Yakima and Home Depot USA, Inc. SUBMITTED BY: 0 i Ilam R. Cook, Director of Community and Economic Development Department; and Larry Peterson, Assistant City Attorney CONTACT PERSON/TELEPHONE: Doug Ma 575-6 les, Administration and Planning Ma (509 SUMMARY EXPLANATION: In December 2000, the Home Depot went through a MDNS process for their project on the former Country Store site at 2115 South First Street. The City of Union Gap and Washington State Department of Transportation (WSDOT) indicated in an appeal of the MDNS that the Home Depot Company impact on the Valley Mall Interchange was significant enough to require Home Depot to contribute their fair share to improvements to the interchange. It was agreed upon on by WSDOT that this fair share of the mitigation cost would be no more than $94,370. Home Depot USA, Inc. agreed to pay this amount to the City of Yakima at such time when the Valley Mall Interchange project was designed and sent out for bid. This Resolution provides the legal instrument and details as to how and when this money would be paid. Resolution X Ordinance Other (Specify) Notice of Decision, MDNS dated 12/19/00, Home Depot Site Plan_, and City of Yakima GIS site plan Contract Mail to (name and address): Funding Source APPROVED FOR SUBMITTAL `lti-� `L‘ City Manager Phone: STAFF RECOMMENDATION: Request the City of Yakima Council's approval of the resolution. BOARD/COMMISSION RECOMMENDATION: COUNCIL ACTION: Resolution adopted. RESOLUTION NO. R-2001-87