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2008-028 YRDA Creation and LIFT Program [Yakima Revenue Development Area; Local Infrastructure Financing Tool] [FUNDING ORDINANCE]
ORDINANCE NO. 2008-28 An Ordinance creating the Yakima Revenue Development Area pursuant to Chapter 39 102 RCW (Local Infrastructure Financing Tool Program) WHEREAS, Chapter 39 102 RCW, (Chapter 181, Laws of 2006, as amended by Chapter 229, Laws of 2007, (collectively the "Act") provides that a sponsoring local government may create and adopt a Revenue Development Area (RDA) within which certain specified public improvements may be financed through the allocation of various property and excise taxes, as set forth in the Act; and WHEREAS, subject to approval by the Community Economic Revitalization Board ("CERB") of the Washington State Department of Community, Trade and Economic Development ("CTED"), the Act provides the City of Yakima ("City") with the opportunity to demonstrate the benefits of the Local Infrastructure Financing Tool ("LIFT"), a limited form of tax increment financing; and WHEREAS, in order to create an RDA, a sponsoring local government must adopt an ordinance consistent with the requirements RCW 39 102.090; and WHEREAS, the proposed RDA includes the former Yakima Sawmill and Plywood Plant and contiguous parcels that include Interstate 82, the Yakima Greenway, and other parcels deemed necessary to provide for transportation and public utilities necessary to redevelop the RDA, and WHEREAS, the proposed RDA consists of the following private and public owned parcels more specifically illustrated m the RDA site map in Attachment A. 19132022025 19132022024 19131733402 19131733401 19131733403 19131841002 19131811002 19130741001 19130743002 19130731002 19130732407 19130723002 18131214006 18131241001 19131821003 19131812001 19131824420 19131824001 19131824402 19131831453 19131831461 19131831.539 19131831510 19132022403 19131842400 19131842401 19131842404 19131843539 19131842003 19131844023 19131843002 19131843003 19131843006 19131844022 19131841001 19131842001 WHEREAS, the taxable real property within the RDA boundaries does not exceed one billion dollars at the time of RDA designation, and WHEREAS, the average assessed value per square foot of taxable land within the RDA boundaries, as of January 1, 2008, does not exceed $70 at the tune of RDA designation, and WHEREAS, the proposed RDA is less than 25 percent of the total assessed value of the taxable real property within the boundaries of the City of Yakima, and WHEREAS, redeveloping the former Yakima Sawmill and Plywood Plant site and surrounding area will provide numerous benefits for all of Yakima County and to the region. These benefits include: (1) promoting mixed-use redevelopment that will help generate new family -wage jobs. (2) providing an area for both housmg and business development to occur m a manner that helps preserve the County's limited supply of agricultural and natural resource lands; (3) facilitating remediation of environmental contamination within the site to a standard suitable for mixed-use redevelopment; (4) creating a productive, environmentally -conscious community with opportunities for recreation, education, shopping, living, working and entertainment; and (5) facilitate the creation of valuable public recreational and educational resources, including improved access to the Yakima Greenway, the Yakima River and wetlands; and WHEREAS, the public improvements proposed for fimdmg by LIFT, more specifically described in Attachment B, include roadway system and freeway interchange improvements, utilities (water, sewer, storm water), site preparation, engineering, planning and survey work; and are estimated to cost $50,489,459, with approximately $25,000,000 to be financed by LIFT, and WHEREAS, a Revenue Development Area would provide significant assistance in carrying out the cooperative redevelopment of this site; and WHEREAS, the Act requires the City to create a revenue development area, subject to provisions of the Act, to qualify for a state contribution up to a total amount of one million dollars per year; and WHEREAS, the City Council determmes that 2009 should be used as the base year from which to measure the mcremental future taxes for purposes of the Act; and WHEREAS, prior to passage of this ordinance, the City Council held a public hearing on June 10, 2008, notice of which was published in the Yakima Herald Republic, the legal newspaper of general circulation within the proposed RDA, at least ten days before the public hearing, and notice of which was posted in at least six conspicuous public places located in the proposed revenue development area; and WHEREAS, notice of the public hearing was sent by United States mail to the property owners, community-based organizations, and business enterprises listed on Attachment D, incorporated herein by reference, such notices being sent at least thirty days prior to the public heanng; and WHEREAS, a copy of the proposed form of this ordinance was delivered to the Washmgton State Community Economic Revitalization Board and to the Washington Department of Revenue; and WHEREAS, the City Council heard testimony at the public heanng and carefully considered the comments and opinions presented; and WHEREAS, the City Council fmds that this Ordinance complies with the Act and that the creation and adoption of a Revenue Development Area as described herein and illustrated in Attachment A is in the best interest of the City of Yakima and its citizens; NOW, THEREFORE, THE CITY OF YAKIMA DOES ORDAIN: Section 1. Incorporation of Recitals and Attachments. The recitals set forth above are incorporated herein by reference as if set forth in this section in full. All attachments to this ordinance are incorporated herein by reference. Section 2. Description of Public Improvements. The public improvements currently estimated to be made m the Yakima RDA are described in Attachment B ("Public Improvements"). This list does not imply City Council approval of any specific projects at this time. City Council will consider and finalize the list of approved public improvements as part of the development agreement between the City and the pnvate developer(s) of the Yakima RDA. Section 3. Description of Boundaries. The City Council adopts the boundaries of the Yakima RDA as described herein and depicted in Attachment A. Section 4. Estimates of Costs. As further described in Attachment B, the current estimated cost of the Public Improvements is approximately $50 million in 2008 dollars, and the current estimated portion of this cost to be fmanced by local infrastructure financing, including LIFT State funding and local government LIFT contributions consistent with the Act, is $25 million to be received over 25 years. Section 5. Time of Tax and Revenue Collection. The estimated time during which local excise tax allocation revenues, local property tax allocation revenues, and other revenues from local public sources are to be used as part of the local infrastructure financing for the Yakima RDA is 25 years (2011 — 2036). Section 6. Date for Commencement of use of Revenues. The City's use of local excise tax allocation revenues and local property tax allocation revenues with respect to the Yakima RDA is anticipated to commence on January 1, 2011 Section 7. Findings Required by RCW 39.102.070 of the Act. The City Council finds and determmes that the conditions of RCW 39 102.070 are met with respect to the Yakima RDA. Specifically, the City Council finds and determines that: a) No funds will be used to finance, design, acquire, construct,, equip, operate, maintain, remodel, repair, or reequip public facilities funded with taxes collected under RCW 82.14 048, b) The Public Improvements are projects that are or will be identified within the capital facilities, utilities, housing, or transportation elements of the City's comprehensive plan under Chapter 36.70A RCW or are historic preservation projects under RCW 39.89.020; c) The Public Improvements are expected to encourage private development within the RDA and to increase the fair market value of real property within Yakima RDA, d) The City will enter into a contract with a private developer(s) relating to the Yakima RDA, e) Private development is anticipated to occur within the Yakima RDA, as a result of the public improvements, which will be consistent with the countywide planning policy adopted by Yakima County under RCW 36.70A.210 and the City's comprehensive plan and development regulations adopted under Chapter 36 70A RCW, f) The local infrastructure financing with respect to the Yakima RDA is not expected to be used for the sole purpose of relocating a business from outside the RDA but within Washington State, into the RDA, and the Yakima RDA will improve the viability of business development within the Yakima RDA, g) The Public Improvements are reasonably likely to (1) increase private residential and commercial investment within the Yakima RDA, (2) increase employment within the Yakima RDA, and (3) generate, over the penod of time that local option sales and use taxes will be imposed under RCW 82.14 475, state excise tax allocation revenues and state property tax allocation revenues (as defined in the Act) denved from the Yakima RDA that are equal to or greater than the respective state contributions made under the Act; and h) The local mfrastructure financing will be used only in the Yakima RDA, which is an area deemed by the City to be in need of economic development or redevelopment and is within the City's boundaries. i) The public improvements proposed to be financed with LIFT and local funds are reasonably likely to improve the viability of any existing communities that are based on mixed-use development within the RDA. j) LIFT and local financing of the proposed infrastructure improvements will improve the viability of existmg business entities within the RDA. Section 8. Findings Required by RCW 39.102.080 of the Act. Pursuant to RCW 39 102.080, the estimated impact of the Yakima RDA on small business and low income housing, and the mitigation plan relating thereto, is attached as Attachment D is hereby adopted. Section 9. General Authorization. The City Manager and other appropnate City officers designated by the City Manager are each hereby authonzed and directed to do such things as may be necessary and appropnate in order to cavy out the terms and provisions of, and complete the transactions contemplated by this ordinance, including without limitation all actions necessary to apply for prompt approval by the CERB, of the Yakima RDA and the use of Local Infrastructure Financing under Chapter 39 102 RCW Section 10. Section Headings or Captions. The section headings or captions of this ordinance are for convenience of reference only, and shall not be used to resolve any question of interpretation of this ordinance. Section 11. Severability. If any one or more of the covenants or agreements provided in this ordinance to be performed on the part of the City shall be declared by any court of competent junsdretion to be contrary to law, then such covenant or covenants, agreement or agreements, shall be null and void and shall be deemed separable from the remaining covenants and agreements in this ordinance and shall in no way affect the validity of the other provisions of this ordinance. Section 12. Ratification of Prior Acts. All acts taken pursuant to the authority of this ordinance but prior to its effective date are ratified and confirmed. Section 13. Authority to Correct Scrivener's Errors. The City Clerk and the codifiers of this Ordinance are authorized to make necessary corrections to this Ordinance including, but not limited to, the correction of scrivener's clerical errors, references, ordinance numbenng, section/subsection numbers and any references thereto. Section 14. This Ordinance shall be in full force and effect 30 days after its passage, approval, and publication as provided by law and by the City Charter Dated this 10th Day of June, 2008 ATTEST dd -- DE ORAH MOORE, CITY CLERK Publication Date 6/13/08 Effective Date: 7/13/08 YAKIMA REVENUE DEVELOPMENT AREA ORDINANCE ATTACHMENT B ESTIMATED COST OF PUBLIC IMPROVEMENTS RDA Public Road System Includes Fair Avenue Roundabout connector, Utilities (water, sewer, stormwater), Site preparation, streets, trails, sidewalks $30, 847,125 Interstate 82 Interchange Improvements $19,642,334 Includes land acquisition, site preparation, Rail crossings, signalization. Total Estimated Cost Of Public Improvements $50,489,459 YAKIMA RDA ORDINANCE ATTACHMENT C LIST OF PARTIES RECEVING NOTIFICATION OF PUBLIC HEARING Jeld Wen, Inc Real Estate Division 3250 Lakeport Blvd. Klamath Falls, OR 97601 Yakima County Public Works Department 128 North Second Street Yakima, WA 98901 Gene Lizotte 215 North Tenth Street Yakima, WA 98901 GERD Yakima Soccer Arena Corp. 1005 East Lincoln Avenue Yakima, WA 98901 Wiley Mt., Inc. Leelynn, Inc. P O Box 518 Creswell, OR 97426 Boise Cascade Corp. Real Estate Division P O Box 50 Boise, ID 83728 BNSF Railway Seattle Land Sales Office 200 West Mercer Street Suite 502 Seattle, WA 98119 Chinook Business Park, LLC 1901 North Fourth Street Yakima, WA 98901 Yakima Greenway Foundation 111 South 18t Street Yakima, WA 98901 Pacific Power Real Estate Division 825 NE Multnomah Portland, OR 97232 Don Whitehouse Regional Admimstrator WSDOT — South Central Washington P O Box 12560 Yakima, WA 98909 Shawn Montee Timber Company P 0 Box 1329 Post Falls, ID 83877 Prime Hay P 0 Box 1767 Yakima, WA 98907 Lynne Kittelson NE Yakima Neighborhood Assoc 305 North Ninth Street Yakima, WA 98901 Greater Yakima Chamber of Commerce P O Box 1490 Yakima, WA 98907 New Vision P O Box 1387 Yakima, WA 98907 Yakima RDA Ordinance ATTACHMENT D Low -Income Housing and Small Business Impact Analysis and Mitigation Plan The LIFT program requires the City of Yakima to estimate the impact the proposed RDA may have on low-income housing and small businesses located within the boundaries of the RDA, and develop a mitigation plan to address any impacts. The following information is offered in fulfillment of this requirement. Low Income Housing Within the RDA The city's housing inventory indicates that there is one housing unit within the proposed RDA. The unit is owner occupied, and the owner has received notice of their location within the proposed RDA. The city does not believe that this will constitute a displacement of a low-income housing unit. The city recogmzes the importance of an adequate supply of low-income housing throughout the city and, where possible, the city's partnerships with non profit agencies will continue to add to the supply of low income housing units with the City of Yakima, Accordingly, the city has not developed a mitigation plan for housing within the RDA. Impact on Housing Price Mix While redevelopment will not directly impact existing housing stock within the RDA, as there is only one unit, the redevelopment of property within the RDA is likely to improve property values m the vicinity of the RDA. Strategically located between the downtown and the RDA, the older homes of the northeast Yakuna neighborhood could become more attractive to families as a central location to work, recreation and shoppmg. While there is also the potential for redevelopment of areas around the RDA to other uses, the RDA itself has a 10 year property absorption rate due to its size. Therefore, it is not possible to determine the amount of such conversion that could be attributable to redevelopment within the RDA until such time as the entire RDA is redeveloped. In addition, this type of redevelopment m the vicinity of the RDA is likely to occur mcrementally as land values generally increase m Yakima, with or without the RDA or sawmill redevelopment. Small businesses within the Yakima RDA It is reasonable to assume that many small businesses will be positively impacted by the creation of the RDA and the subsequent development within the area. Although the overall impact is expected to be positive, the three small busmesses located within the RDA may be at nsk of eventual displacement. The three small busmesses withm the RDA are: Yakima Soccer Arena Corporation, Prime Hay, and Shawn Montee Timber Company The businesses employ fewer than five people. Due to the transitional nature of the RDA, all three businesses have been operating under short term leases (month to month) for property and/or buildmgs. Pnme Hay and Montee Timber are operating on property formerly occupied by sawmill operations, with the understanding that redevelopment of the site would lead to termination of their agreement. The Yakima Soccer Arena is in its first year of business, leasing the building that was formerly used by the now defunct Trail Wagons RV company, owned by Chinook Business Park. Chinook Busmess Park has been involved in the development of the RDA, and the project fits with the development strategy of adjacent properties also under the same ownership, but not within the RDA. The owner has mdicated mterest m moving the soccer building and selling other property m order to assist the project in moving forward. Mitigation Plan for Small Business Within Yakima RDA In an effort to muumize to those small businesses that may be negatively affected by the RDA, the City of Yakima is committed to providing services to small businesses , as outlined in the following mitigation plan. • Economic development officials will meet with any interested business owners to evaluate possible means of support. • When requested and where possible, interested busmesses owners will be referred to those who have access to an inventory of other available commercial property within the city • The city will continue with its support of the Greater Yakuma Chamber of Commerce, Small Busmess Development Center, and Yakima County Development Association and possible other agencies that support small busmesses. • The city will determine the needs of the businesses potentially impacted and assist as appropriate with support for additional marketing resources, broadcast communications to chamber members to alert them to changes in status of the business impacted, etc. • The city will assure ongoing physical access to existing businesses during the redevelopment activities. • The city will provide public notices and other information regarding redevelopment activities. • The city will work with property owners to create a land use plan for the RDA that allows for a complementary mix of land uses that will further enhance the value of ht e area properties. BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. ` 6 For Meeting of Tune 10, 2008 ITEM TITLE: Public Hearing and consideration of an ordinance to establish the Yakima Revenue Development Area for the Washington State Local Infrastructure Financing Tool (LIFT) program. SUBMITTED BY: William R. Cook, Director Department of Community and Economic Development CONTACT PERSON/TELEPHONE: Michael A. Morales, Deputy Director CED 575-3533 SUMMARY EXPLANATION: LOCAL INFRASTRUCTURE FINANCINT TOOL (LIFT) PROGRAM BACKGROUND The Department of Community and Economic Development is preparing an application for state funding through the Local Infrastructure Financing Tool (LIFT) program, due June 30, 2008. LIFT funds would be used to finance public. infrastructure needed: to accelerate redevelopment of the former Boise Cascade/Yakima Resources sawmill and plywood plant, and surrounding areas, of public and private property. The LIFT program is a form of tax increment financing that allows cities to finance infrastructure projects by using the increase of state local sales and property tax revenue related to a specific development area to pay debt service. LIFT funding can only be generated from a designated "Revenue Development Area" (RDA), and can only be used to support debt service for public infrastructure within the adopted RDA. The city is required to designate the RDA by ordinance prior to the LIFT application, and must hold a public hearing on the proposed ordinance. CONTINUED ON NEXT PAGE Resolution Ordinance X Contract Other (Specify) Public Hearing Funding Source APPROVED FOR SUBMITTAL: City Manager STAFF RECOMMENDATION: Approve Ordinance COMMITTEE RECOMMENDATION: Economic Development Committee recommends approval COUNCIL ACTION: i — June 5, 2008 The maximum state contribution is $1 million per year, subject to the actual revenue generated within the RDA, and must be matched dollar for dollar by the city. The economic analysis of the RDA demonstrates that the City could receive the maximum state contribution, but the amount of Lail` and local revenue allocated to the project will not be determined until 2011, following the initial base measurement year (2009), and the initial year of substantial economic activity (2010).. PROPOSED YAKIMA RDA The r runnel -1 Val-irr Rf A rnncic+,c of acres of private aanA r iihllic' Imparts Tho prism. ry rr __- -_ - r r r r j r development area consists of approximately 224 acres, nearly all of which is the former Boise Cascade/Yakima Resources sawmill and plywood plant. Four smaller parcels that are included in the RDA are the vacant Jeld-Wen plant, the former Trail Wagons building (currently rented as an indoor soccer facility), a Pacific Power utility station, and one owner occupied, single family residence. The publicly owned acreage consists of Interstate 82 from the US 19 Interchange through the Yakima AventIP TnterchangP along with the Yakima Greenway, and portions of city street rights of way. The western and southern boundaries of the RDA is almost completely controlled by the sawmill site, while the Northern and Eastern boundaries are publicly held property (city limits on the east). The southern boundary is a combination of public and private land. A map outlining the proposed RDA is attached to the proposed Ordinance, which also lists the specific parcels included in the RDA. ESTIMATED COST OF YAKIMA RDA PUBLIC IMPROVEMENTS Planning level cost estimates were prepared by JUB Engineers and McKay Sposito to determine the costs associated with making primary infrastructure improvements within the Yakima RDA, Per the requirements of the LIFT application, these cost estimates are based on 2008 construction costs and included estimates for planning, survey and design. RDA Public Road System $30, 847,125 Includes Fair Avenue Roundabout connector, Utilities (water, sewer, stormwater), Site preparation, streets, trails, sidewalks Interstate 82 Interchange Improvements $19,642,334 Includes land acquisition, site preparation, Rail crossings, signalization. Total Estimated of Public Improvements $50,489,459 Although _these _ projects anticipated --I.1 pose for the T_RFT �9ppB atioY1... the. t1T.,1 ' JJS!l; V. LA are QixV. Yl VtrilOtaa"'J. va adxt_-L" u�.YaiiaaSSvax, the 2`21sxL' determ nation of project =election and level of Lnvest-rnent within the PDA will be determined by the City Council after the designation. 2 — June 5, 2008 ECONOMIC IMPACTS OF THE YAKIMA RDA The LIFT application requires that each RDA demonstrate its economic impact and likelihood of success. In order to ensure that the same methodology was used to calculate the impacts of all RDA's, the state provided strict guidelines for applicants to use in their analysis. The modeling used to determine the economic impacts of the Yakima RDA followed these stringent requirements, and in doing so, a number of key assumptions were made: • Total site acreage for development • Building square footages of commercial, residential, office and light industrial development • Total estimated costs of for site and building development • Total estimated costs for public infrastructure improvements within the RDA • Total projected construction and long-term employment The results of this analysis are summarized below: Total acreage 224 Total cost of infrastructure improvements, including buildings $308,977,419 Total acres of park and open space 21 Total acres of commercial development 172 Total square feet of commercial development 2,252,923 Total number of units 171 Total permanent jobs 3,901 Total construction jobs 1,152 Total annual state and local sales tax revenue $20,105,247 Total annual state and local property tax revenue $6,351,092 Total gross property value $508,285,782 Again, the economic impact analysis was prepared in the context of LIFT application requirements. It is anticipated that these numbers will be reexamined and heavily discounted for the purpose of bond underwriting. REQUES'1'Eli ACTION AND NEXT STEPS The Council Economic Development Committee and staff recommend approval of the attached Yakima RDA Ordinance. This ordinance does not create any financial obligations for the city, and is only for the purpose of establishing an eligible area for the State Department of Revenue to measure economic activity, and for the city to use LIFT funds for infrastructure improvements. Following adoption, the ordinance will be submitted to the State DOR and the County Treasurer. Cr l'ED/CERB will review applications and make final decisions in September. No further action is required until the city is notified of its award status. Selection and design of public projects will not occur until late 2009. 3 — June 5, 2008 d) The City will enter into a contract with a private developer(s) relating to the Yakima RDA; e) Private development is anticipated to occur within the Yakima RDA, as a result of the public improvements, which will be consistent with the countywide planning policy adopted by Yakima County under RCW 36.70A.210 and the City's comprehensive plan and development regulations adopted under Chapter 36.70A RCW; f) The local infrastructure financing with respect to the Yakima RDA is not expected tobe used for the sole purpose of relocating a business from outside the RDA but within Washington State, into the RDA, and the Yakima RDA will improve the viability of business development within the Yakima RDA; g) The Public Improvements are reasonably likely to (1) increase private residential and commercial investment within the Yakima RDA; (2) increase employment within the Yakima RDA; and (3) generate, over the period of time that local option sales and use taxes will be imposed under RCW 82.14.475, state excise tax allocation revenues and state property tax allocation revenues (as defined in the Act) derived from the Yakima RDA that are equal to or greater than the respective state contributions made under the Act; and h) The local infrastructure financing will be used only in the Yakima RDA, which is an area deemed by the City to be in need of economic development or redevelopment and is within the City's boundaries. Section 8. Findings Required by RCW 39.102.080 of the Act. Pursuant to RCW 39.102.080, the estimated impact of the Yakima RDA on small business and low income housing, and the mitigation plan relating thereto, is attached as Attachment D is hereby adopted. Section 9. General Authorization. The City Manager and other appropriate City officers designated by the City Manager are each hereby authorized and directed to do such things as may be necessary and appropriate in order to carry out the terms and provisions of, and complete the transactions contemplated by this ordinance, including without limitation all actions necessary to apply for prompt approval by the CERB, of the Yakima RDA and the use of Local Infrastructure Financing under Chapter 39.102 RCW. Section 10. Section Headings or Captions. The section headings or captions of this ordinance are for convenience of reference only, and shall not be used to resolve any question of interpretation of this ordinance. Section 11. Severabilitv. If any one or more of the covenants or agreements provided in this ordinance to be performed on the part of the City shall be declared by any court of competent jurisdiction to be contrary to law, then such covenant or covenants, agreement or agreements, shall be null and void and shall be deemed Sawmill Property Proposed Yakima RDA equals 1,100 feet "ity of Yakima Revenue Development Area Ordinance - June 10, 2008 ATTACHMENT A Proposed Yakima RDA SW- %tr. • . "' =1 E R ST 1' -- .:-: wr. . �>F' E i_iNCOLN AVE Community Economic Revitalization Board (CERB) Local Infrastructure Financing Tool Competitive Program Application for Competitive Project Awards OFFICE OF THE MAYOR 129 North Second Street City Hall, Yakima, Washington 98901 Phone (509) 575-6050 • Fax (509) 576-6335 June 30, 2008 Mr. Tom Trulove Chairman Community Economic Revitalization Board Olympia, WA Mr. Trulove and CERB Board Members: I am proud to submit for your consideration, the City of Yakima Revenue Development Area application for LIFT funding. The YRDA represents a once in a generation opportunity to reshape the image and economic competitiveness of the Yakima Valley. The former Boise Cascade Sawmill & Plywood Plant contains 205 acres of vacant property along Interstate 82 at the gateway to the Yakima Valley. The economic impacts of the YRDA include about $400 million of private investment that will create over 4,000 jobs in 10 years. The state and local governments will certainly benefit from this transition. For this reason, the YRDA has broad based regional support from the following partners: 13th, 14h th and 15th District Legislators Yakima County Development Association Yakima Valley Conference of Governments TRANS Action Yakima Valley Visitors & Convention Bureau Committee for Downtown Yakima Rattlesnake Hills Winery Association Pacific Northwest Health Sciences University Yakima Parks & Recreation Tacoma Screw Products International National Development Council Yakima County Commissioners Yakima Chamber of Commerce WSDOT South Central Region Yakima Greenway Foundation Yakima Valley Sports Commission Wine Yakima Valley The Vineyards Resort Chinook Business Park Sandor Development Company Yakima Transit Wine Country Washington The Yakima Valley urges your consideration of this transformational investment. Dave Edier Mayor Yakima lid 1944 [I] Community Economic Revitalization Board (CERB) Local Infrastructure Financing Tool Competitive Program APPLICATION FOR COMPETITIVE PROJECT AWARDS SPONSORING LOCAL GOVERNMENT APPLICATION SUMMARY AND CERTIFICATIONS Sponsoring local government: City of Yakima Federal tax number: ' 91-0000693 Contact: Michael Morales Title: Deputy Director, CED Phone number: 509-575-3533 FAX: 509-576-6792 Email address: mmorales@cLvakima.wa.us Mailing address: 129 North 2nd Street; Yakima, WA 98901 Name of revenue development area: YAKIMA RDA Date designation ordinance was adopted: June 10, 2018 Date designation ordinance was amended (if applicable): Amount of LIFT award (annual state contribution) requested: $1,000,000 per year List all participating local govemments and dates written agreements are signed: City of Yakima Base year requested (by calendar year)": 2009 Anticipated effective date for imposing sales and use tax: July 1, 2010 Anticipated number of years the tax will be imposed: 25 Anticipated date for initial general obllgatlon-bond sale: 2011 Anticipated number of general obligation bond sales: 5-6 Legislative district(s): 14t Congressional district(s): 4d' DECLARATION AND CERTIFICATIONS i hereby certify that the information given to the Community Economic Revitalization Board In this Local Infrastructure Financing Tool Competitive Program "Application Summary and Certifications" form and attached "Revenue Development Area Worksheet," "Process and Notice Worksheet," and "Annual Tax Revenue Estimate Worksheets" is true, correct and complete to the best of my knowledge and belief. In addition, I certify that the following conditions of the Local Infrastructure Financing Tool Competitive Program, as set forth In 39.102 RCW, have been met or will have been met by June 30, 2008: 1, A revenue development area within the limitations of RCW 39.102.060 has been designated; 2. The conditions of RCW 39.102.070 have been met; 3. The process in RCW 39.102.080 has been completed; 4. Public notice as required by RCW 39.102.100 has been provided; and 5. An ordinance adopting the revenue development area has been passed as required in RCW 39.102.090, or amended as provided by RCW 39.102.040(2). Signature of Responsible Official: Name (typed or printed): Richard A. Zais, Jr. Title: City Manager Date: June 30, 2008 Note: If there Is one or more cosponsoring local oovemment. each must submit a "Cosponsoring Local Government Application Summary and Certifications, as well as applicable worksheets and attachments. See definition of "base year" in RCW 39.102.020 (3). Yakima Revenue Development Area Community Economic Revitalization Board (CERB) Local Infrastructure Financing Tool Competitive Program COMPETITIVE QUESTIONNAIRE 1. Describe the project's ability to encourage mixed use and transit -oriented development and the redevelopment of a geographic area. YAKIMA REVENUE DEVELOPMENT AREA The Yakima Revenue Development Area (YRDA) consists of 556 acres in census tract 02 of Yakima's federal Renewal Community. The YRDA straddles Interstate 82 from the US 12/North 1St Street Interchange through the Yakima Avenue/Terrace Heights Exit. The YRDA is located entirely within the city limits and in one of the earliest plats of the City of Yakima As identified on the attached YRDA maps, the primary development zone is approximately 224 acres, of which 205 acres were formerly used as the Boise Cascade Sawmill and Plywood Plant, now controlled by McDougal Brothers. Three smaller parcels located in this zone are: • Former Jeld-Wen plant vacant since 2005 when Jeld Wen built a new plant in north central Yakima and listed for sale; (McDougal Bros. have submitted offer). • Former Trail Wagons RV building currently leased for indoor soccer clinics; • Pacific Power sub -station that mainly served the Boise site, and The balance of the YRDA consists of public property, including the Yakima River Greenway, and the stretch of Interstate 82 from the US 12 Interchange through the Yakima Avenue/Terrace Heights Exit. The YRDA is bordered on the north and east by the Yakima River, which is the city limits, and on the west by a mix of residential neighborhood and light industrial property. The southern boundary is adjacent to both commercial and public property. LIFT REQUEST The City of Yakima is requesting up to $25 miilion of LIFT funds to partially finance over $50 million of public transportation and utility improvements that are necessary for the redevelopment project to occur, including the following: (Engineer estimate in Attachment G) City Infrastructure Improvements Includes Fair Avenue Roundabout connector, Utilities (water, sewer, stormwater), Site preparation, streets, trails, sidewalks $30, 847,125 Interstate 82 Interchange Improvements $19,642,334 Modification of existing, approved interchange. Includes land acquisition, site preparation, rail crossings, sianalization. Total Estimated Cost of Public Improvements $50,489,459 Page 1 of 43 YRDA REDEVELOPMENT PROJECT The redevelopment of the YRDA is a true urban infill project that will utilize and build upon existing urban infrastructure within the city's core area. The mixed use and transit -oriented redevelopment will improve the economic health and vitality of the both the former sawmill site and surrounding neighborhoods, which are among the most economically distressed in the state of Washington. The YRDA development plan consists of the following components: Land Use Category Acreage Commercial acres 122.4 Light Industrial/Research & Development Flex Space 30.0 Office — Medical ,20.0 Medium — High Density Housing 9.5 Open -Recreational space 21.0 Street grid, public rights of way/easements 20.7 Development of the YRDA will provide substantial economic impact, both in terms of overall job creation and revenue for state and local government, including: • 4,631 permanent jobs (2054 jobs in manufacturing/technical/professional) • 1,315 construction jobs • 171 housing units • $1,774,657 annual city sales and use tax revenue • $3,752,635 annual city property tax revenue • $10,864, 362 annual state sales and use tax revenue • $648,253 annual state sales and use tax revenue • $425,282;167 total 30 -year tax revenue • $337,817,045 of private sector investment for development Commercial Acreage The sawmill site possesses a senior water right from 1893 that allows for direct channeling of the Yakima River onto the site. This unique asset inspired the plan for a signature piece of the development: A 25-30 acre "lifestyle center" that will feature a pedestrian oriented design with a system of streams/canals, ponds, pathways and green space that will serve the daily needs of the residential and employment center, as well as create a destination for those seeking a village type shopping and recreation experience. This center will include some upstairs residential units or condominiums, specialty/boutique retail, wine tasting rooms, restaurants, small specialty grocers/markets, pharmacies, spa/wellness facilities, and other amenities. The pedestrian and water amenities will connect with the Yakima River Greenway. The property owners are also working with Sandor Development to design and market approximately 50 acres as a retail shopping complex. The retail complex is being heavily marketed to higher end retailers and businesses that are not present in the Page 2 of 43 Yakima market, some of which are an ideal fit for the sports and recreation industry that abounds from White and Chinook Passes through the Yakima River Valley. There are a number of other retail outlets that do not have a presence in the. Yakima market, some of whom left the region during the 2000-2001 economic downturn. A number of local businesses that are facing pressure to expand in order to survive have expressed interest in the development, including auto dealers, the highest producers of sales tax in the city. Hahn Motors started as Chrysler dealership over 60 years ago in Yakima, and has remained at the same location , and has never purchased additional land throughout their growth and expansion into Mercedes and BMW. The manufacturer has mandated that Hahn separate their Mercedes -BMW dealerships from Chrysler in order to maintain their franchise standing and market territory. The currently facility is land locked, and acquisition of adjacent property will be difficult and costly. Hahn Motors is the only Mercedes and BMW franchise in Central Washington, and other communities are vying for their business. Hahn has signaled their intent to purchase land within the YRDA to build a new Mercedes and BMW showrooms, which would also for expansion of the Chrysler -Plymouth dealership on the original site (letter attached). This acquisition is contingent on a number of factors, including the readiness of the YRDA. Following a two year search process, this is the only property in the Yakima area that Hahn has found both suitable and affordable. Yakima County will be at risk of losing this business to another area of Central Washington if this issue is not resolved in the near future. Light Industrial -Research & Development — Flex According to Blueprint Yakima, the regional strategic economic development plan completed in 2008, development of suitable sites and buildings, such as a central business and Tight industrial park, will be necessary to attract and serve companies in leading targeted industries. The YRDA proximity to the Interstate 82, availability of transit service and connection to the Yakima River Greenway will provide the capacity for multi -modal transportation to and from an employment center. The northwest section of the YRDA is an ideal location for this type of development, primarily because it is compatible with surrounding uses by Costco Tech Support Center, Tacoma Screw Products International retail and distribution center, and Coca- Cola Bottling and Distribution. The area also contains vacant building formerly used as an environmental testing lab. A minimum of 30 acres will be dedicated for facilities to serve industries targeted for expansion to Yakima, including: Medical Office, Customer/Technical Support Centers, Logistics and Distribution,_ Ancillary Wine. and Agriculture, Business and Professional Services, Medical Device and Equipment Manufacturing, Industrial Supplies and Machinery. Page 3 of 43 ["1 Professional Office — Medical A 20 acre campus in the north -central portion of the site will provide a high quality employment center targeted to higher wage, "creative class" employers, and will feature green and recreational space, with connections to the Greenway and city bike -ped pathway system and served by Yakima Transit. In addition to traditional professions like architects, engineers and business or financial services, the YRDA will help to recruit targeted new industries for the area, including medical research, technology/software research and development. Housing Housing within the YRDA will consist of at least 170 units of medium and high density development that will include condominiums, town houses and apartments. A portion of the housing stock will be a village and lifestyle type of development that will feature mixed use buildings (residence over neighborhood commercial), which is intended to compliment the recreational features that will be available to both residential and office campus development. Active retirement living is also planned for some of the housing stock. Housing units will be planned and developed to provide for transition and compatibility with surrounding neighborhoods and the adjacent employment center. One goal of the YRDA housing element is to create an environment that will improve the desirability of, and invite reinvestment to Northeast Yakima and return its vibrancy as a centrally located historic neighborhood that offers the residents the convenience of proximity to the downtown core and the employment, lifestyle and recreational opportunities of the YRDA. The renewal of this neighborhood is important to the sustainability of our downtown redevelopment efforts. The addition of too many housing units will detract from this. goal. Public Recreation Space — Regional Aquatics Center The public space components of the YRDA and LIFT will include green space, transit facilities, and pathways connecting with Yakima River and the Greenway. The Yakima Regional Aquatics Center Task Force has also identified the YRDA as its preferred choice for location of a $30 million public aquatics center, proposed as a partnership with the Yakima Family YMCA. The Yakima Aquatics Center is a proposed 10 acre indoor/outdoor facility that features various aquatic components such as zero depth beach entry, lazy river, interactive water play features, waterslides, wave pool, lap swimming, and other leisure and/or competitive elements for a hybrid aquatic center which accommodates multiple age and user groups. (See attached conceptual site plan) In order to finance the Aquatics Center, the task force intends to seek an increase of the city's sales tax rate through the Public Facilities District that includes the cities of Selah and Union Gap. The aquatics center would occupy approximately 10 acres in the YRDA that the mill property owners have agreed to donate to the effort, saving the project up to $2 million in land acquisition costs. A decision on the project's financing package is scheduled for August 2008. Page 4 of 43 CONDITIONS IN THE YRDA & CONTIGUOUS COMMUNITY The conditions in and around the YRDA present both tremendous opportunities and significant challenges. The project is a true public-private partnership, and where the term "development team" appears in this application, it refers to the primary property owners and city officials, both appointed and elected. While a convincing argument can be made for the commercial impact of an urban interstate frontage property to fulfill the economic performance requirements of a LIFT contribution, the location of the RDA contiguous to one of our region's most distressed neighborhoods offers social, economic and environmental challenges for the project to do more than build a mall or a parking garage. This project represents a "once in a generation" opportunity to provide for a broader socio-economic impact that goes far beyond property and sales tax revenue. Former Sawmill and Plywood Plant The Yakima Sawmill and Plywood Plant has been a fixture of the Central Washington landscape and economy since 1906. Following a long and steady decline, the facilities were sold by Boise Cascade and the plywood plant and sawmill closed in 2005-2006, bringing an end to the timber products industry in Yakima. Combined with the demise of Trail Wagons. RV Manufacturing in 2005 and Baby Jogger Racing Strollers in 2004, the Yakima Valley interstate gateway went from a bustling industrial corridor, to an empty landscape of steel buildings and scoured ground in less than five years. The conversion of this property to a modern, mixed use employment and commercial/retail/recreation center will require substantial infrastructure investment. The key attributes that make the site an ideal location for urban infill redevelopment project cannot be understated. These include: • Over 200 acres of prime urban interstate frontage at the gateway to the Yakima_ Valley, v - • Location between two major freeway interchanges, • Centered within an urban area of 116,000 residents that lacks a true mixed-use employment, commercial and recreation center. • Single ownership/site control — McDougal Brothers. • Senior water right dating back to 1893 that allows for direct channeling of the Yakima River through the site. • Two direct underpass connections to the Yakima River and Yakima River Greenway, the only major development tract in Central Washington to possess this feature. • Located four blocks from the Yakima Convention Center and Downtown Yakima. • Bordered by light -industrial business park, residential neighborhoods and commercial district, which allows and encourages mixed use development, multi- modal transportation and land use transition points/buffers. Page 5 of 43 Environmental and Land Use Issues With a century of heavy industrial use, the environmental clean up issues are perceived to be significant. In addition to the massive wood products operation, a 28 acre section on the southern end of site was also leased by the City of Yakima for use as a municipal landfill in the 1960's. Parametrix has completed a Phase II Environment Assessment, jointly funded by the City and McDougal Brothers. Using the assumption that future land use will be of mixed uses ranging from Tight industrial to retail/commercial and residential, Department of Ecology (DOE) Method A cleanup levels (unrestricted land uses) were used as screening levels for evaluation of for soil, groundwater, surface water and air (methane). Based on these assumptions, the Phase 11 report does not identify any significant environmental barriers to redevelopment. The City and McDougal Brothers have begun scoping the next phase of environmental study for the area, including mitigation measures for specific uses around the property, geotechnical analysis and continued monitoring activity. This next phase of environmental assessment will also be jointly funded by both parties, and will be complete in 2008. The 2008 Yakima Urban Area Comprehensive Plan Update and Zoning Ordinance includes a new zoning classification for the YRDA, known as "Regional Commercial." This classification is new to the Yakima Urban Area, and provides for planned, mixed use development. Following adoption of the Comp Plan Update in August 2008, the city will develop and enter into a development agreement with McDougal Brothers for the mill property. This agreement will be completed in 2008. Yakima River Greenway The RDA is strategically located at the centerpoint of the Yakima River Greenway, a continuous 10 mile paved walking/biking path system that stretches from Selah Gap to Union Gap, and west along the Naches River from its confluence with the Yakima River to the US 12 -West 40th Avenue exit. The paved pathway connects parks, river access landings, nature trails, fishing lakes, and protected natural areas. However, the Greenway does not connect directly into any transit, employment or commercial center, limiting its full potential for use as a multi -modal facility in the urban area. The northern gate to the Yakima sawmill is directly adjacent to the only pathway connection that goes under Interstate 82. Currently, this undercrossing is a primitive dirt -rock road that is largely unused by bicyclists and pedestrians because of its hazardous conditions. It is also difficult to locate as it is not connected to city's street grid. The primary users of the road are fishermen making their way to Rotary Lake. With LIFT funding, this undercrossing will be improved to connect directly into the new public pathway and street system that will be built for the employment, residential and Page 6 of 43 commercial center located in the heart of the RDA. For the first time, a commercial development will utilize the Greenway as a viable transportation link, and provide a safe route directly from the Greenway to the downtown that does not require crossing over interstate exits and on -ramps. This will enable workers, residents, visitors and shoppers to use the Greenway as a primary route to their destination. Yakima Transit will also provide service to this site, marking the first available pick up and drop off point for the Greenway that does not require riders to cross Interstate 82 or US 12 to access the pathway. The development team is working with Yakima Transit to develop a route system to and through the YRDA that connects with the downtown, State Fair Park and Pacific Northwest Health Sciences University. The development team has also been consulting directly with the Greenway Foundation on two other projects that will extend the pathway to the east and west, where a great deal of residential growth is occurring. The first project will construct a pathway to the west along an old rail line from US 12/40' Avenue to the Naches sawmill. Ultimately, this pathway will be extended to Naches, creating a 20+mile long backbone regional pathway, uniting Naches, Selah, Yakima and Union Gap. The second project will connect Terrace Heights Drive and Pacific Northwest Health Sciences University with State Route 24 through a 5 -mile bicycle -pedestrian loop pathway, using both sides of the Yakima River. With the new SR24 bridge and the attached bike/ped lane on it, this project becomes a natural extension of the Greenway to provide access to the East Valley area, where over 3000 homes have either been built, or are under construction. INTERSTATE 82 The YRDA is bisected by Interstate 82, and improvements to the interchanges that provide access to the site are a necessity for full redevelopment. The Yakima Avenue interchange is currently operating beyond its capacity and is at failure, according to current traffic counts and traffic modeling. This condition is due, in part, to the following circumstances: • An approved "fly over" ramp from the interchange directly into the RDA was never constructed by WSDOT/FHWA due to lack of funding. • Two approved traffic signals to control traffic at the Yakima -Fair Avenue connection were never installed by WSDOT due to lack of funding • Fair Avenue ramp is a temporary structure that has not been .improved to handle increased traffic volumes, due to lack of funding. • Residential growth in Terrace Heights to the east. • Increased employment in Yakima's Central Business District to the west. The Yakima Avenue and US !2 Interchanges are located at the minimum distance allowed by the Federal Highways Administration, therefore a new interchange or ramp cannot be approved by FHWA between these two connection points. However, because the ap•roved ramp off of the Yakima Avenue exit was never constructed, the Page 7 of 43 development team is working with the WSDOT South Central Region Administrator to on a modification of the approved interchange ramp, which would also include environmental permitting. Modifying an approved interchange is a much faster process than creating a new exit ramp, which would add years to the project's development. A modification will also be easier to secure federal funding in the next reauthorization of the federal transportation act. At the time that these access points were last modified, the mill was in full operation, and there was no timeline as to when the property would be redeveloped. But for LIFT funds, these improvements will take years to finance through state and federal transportation funding programs. This delay could put the YRDA at risk for a moratorium on development until improvements are made, and the unfunded improvements will compete with other regional priorities for limited transportation funds. NORTHEAST YAKIMA NEIGHBORHOODS The YRDA is part of the Northeast Yakima neighborhood, located in census tract 02 of the Yakima Renewal Community (RC), which suffers from high poverty and low educational attainment. While there not any residential areas within the YRDA, they make up most of the western boundary, and there will be mutual impacts and benefits for the YRDA and the neighborhood as a result of the redevelopment. The connection between the mill site and the neighborhoods evaporated long before the mill's closure, and the continued presence of chain link fences and the barren landscape will only further deteriorate these neighborhoods as the ernpty site reinforces the residents' perception of abandonment and neglect, and becomes a haven for drugs, assault, vandalism, graffiti and gang activity. The redevelopment project presents an opportunity to coexist, rather than displace the community, and provide for employment, recreational and affordable -housing opportunities. Northeast Yakima was built around the mill in the early 1900's, and contains a mix of older housing stock that ranges from the mansions of early lumber barons along Naches Avenue to small employee houses. As the city grew to the west, much of the housing stock turned to rental units, and some of Yakima's most stately homes were converted to duplexes, triplexes and apartment buildings. Northeast Yakima's population has changed from older, white residents to young Latino immigrant families, whose population has doubled over the last decade and make up 57% of the census tract's population. According to the U.S. Census, 50% of all Yakima children aged birth to 5 live in east Yakima, and more than half live below the poverty level. Barge -Lincoln Elementary, located just 3 blocks from the mill, is 86.3% Hispanic, compared to 58.4% in the district, and 13.7% statewide. 96.6% of students at Barge - Lincoln qualify for free or reduced price lunch. (OSPI 2006) The health, education and workforce skills of this young and growing population are important to Yakima's future development, and will impact the long term success of the Page 8 of 43 YRDA. Poverty and having under or unemployed parents have been shown to be strong risk factors for a young child's later school success (Bill & Melinda Gates Foundation, 2005, Human Services Policy Center, 2003). This transition will be difficult due the severe economic distress of Northeast Yakima that has its root causes in language barriers, education levels, and eroded family structures. According to the U.S. census: • NE Yakima's poverty rate is 43% • Half of all households are headed by a single parent. • One-third of all adults in NE Yakima do not speak English. • 76% of all adults over age 25 do not have a high school diploma or equivalent. The development of a skilled workforce is a regional economic development priority, and its importance was reinforced though a recent strategic plan conducted by Angelou Economics for the Yakima County Development Association ("Blueprint Yakima"). The study concluded that low educational attainment of the population will limit growth in wage levels for Yakima County. An RDA in a larger metropolitan area would have a larger market from which to draw a higher skilled, educated workforce. While the goals of the YRDA include the recruitment of both high wage industries and skilled workers, one component of our workforce development strategy must be dedicated to the development of work skills and increased educational attainment. The availability and access to training and employment opportunities in close proximity to the neighborhoods is essential to furthering that initiative. As evidenced by the above demographics, entry and mid-level employment and training opportunities are critical to preventing cyclical and generational poverty among our young, immigrant population. Ready by Five is a transformational investment initiative formed as a partnership of community members, public and private funds. Ready by Five is designed to develop new opportunities and strengthen existing !earning efforts East Yakima children -rr _. ... �.-- �•••�•• •' .y v vrw in �uu• Yakima for children err from birth to age 5 and their parents. The project will create sustainable, integrated, and accessible model programs for early child development and family support services for the residents of east Yakima. Ready by Five is one of two early learning demonstration communities in the state being primarily funded by Thrive By Five Washington and the Bill & Melinda Gates Foundation. (The other early learning demonstration community is in White Center.) The two foundations provided an initial grant of nearly $1.2 million in December 2006 to fund the planning for the local upcoming project. The foundations announced an additional $5 million grant in May of 2008 to begin the first phase of services and for the design of a model early learning center in the area. Page 9 of 43 2. Describe the project's potential to enhance the sponsoring local government's regional and/or international competitiveness. YAKIMA REGIONAL ECONOMIC VISION • Greater Yakima will be a destination for economic growth in the Pacific Northwest through a focused approach of growing its business presence in specific target industry clusters, while ensuring a high quality of Ufe that provides exceptional opportunities for residents of all backgrounds to live and work within the community. (Inspiring Economic Excellence: A Blueprint for Yakima County, 2008) CONSISTENCY WITH REGIONAL PLANS "Inspiring Economic Excellence: A Blueprint for Yakima County" (Blueprint Yakima) is the 2008 regional strategic economic development plan of New Vision, the Yakima County Development Association (YCDA). Blueprint Yakima considers the YRDA to be the property most likely to impact Yakima County regional competitiveness, from tourism and image to a regional employment center for our targeted industries. For this reason, Yakima County has already invested a share of its .09 Sales. Tax Rebate for Economic Development in the planning and economic impact analysis for the YRDA. The YRDA LIFT activities represent a signature project for the Yakima Valley, and the public and private projects are consistent with the short and long term vision and plans for the Yakima Urban Area and Yakima County, including: Yakima City Council Strategic Priorities Yakima Comprehensive Plan 2008 Update Yakima Urban Area Zoning Ordinance — 2008 City of Yakima Capital Facilities Plan Yakima County Capital Facilities Plan City of Yakima Six -Year Transportation Improvement Plan Yakima County Six -Year Transportation Improvement Plan TRANS -Action Regional Transportation Priorities "Blueprint Yakima" -Yakima County Development Association Strategic Plan Yakima Regional Aquatics Center Task Force Local and Regional Support The YRDA enjoys broad regional support because it represents an opportunity to reshape the gateway and image of our community for the first time since the construction of Interstate 82, and has the capacity to provide for a positive economic impact of our region's targeted industries for job growth. The YRDA LIFT application is supported by the following public and private partners, as evidenced in the attached letters of support (Attachments I and J): Page 10 of 43 13`h, 14th and 15th District Legislators Yakima County Development Association Yakima Valley Conference of Governments TRANS Action Yakima Valley Visitors & Convention Bureau Committee for Downtown Yakima Rattlesnake Hills Winery Association Pacific Northwest Health Sciences University Yakima Parks & Recreation Tacoma Screw Products International National Development Council Yakima County Commissioners Yakima Chamber of Commerce WSDOT South Central Region Yakima Greenway Foundation Yakima Valley Sports Commission Wine Yakima Valley The Vineyards Resort Chinook Business Park Sandor Development Company Yakima Transit Wine Country Washington POTENTIAL TO ENHANCE COMPETITIVENESS For the Yakima region, economic development activities build on the region's core assets while offering an opportunity to progress. The industries that the YRDA seeks to develop are those that will be attracted to the area's unique strengths such as its strong transportation networks, proximity to major markets in the Pacific Northwest, appealing lifestyle amenities, education support assets (at area community colleges, universities and technical schools) and a growing base of current employers. The key competitive attributes of the YRDA are a mix of location, population, diversity and opportunity. Development Opportunity • Ninety percent of the state's population lives within a 3 hour drive of Yakima. •. Over 200 acres. of prime urban interstate frontage at the gateway to the Yakima Valley, • Location between major freeway interchanges of Interstate 82/US 97, State Route 24, and US 12, • 40,000 vehicles per day use Interstate 82 to pass by the YRDA. • Centered within an urban area of 116,000 residents that lacks a true mixed-use employment, commercial and recreation center. • Central location to both recruit business and serve the major metro markets of Puget Sound, Portland and Spokane, each located within a 3 hour drive of the YRDA; • Federal Renewal Community tax Incentives (wage credits, zero capital gains, accelerated depreciation); • State Community Empowerment Zone/Distressed County tax incentives • Single ownership/site control — McDougal Brothers. • Senior water right. • Located four blocks from the Yakima Convention Center and Downtown Yakima. • Bordered by light -industrial business park, residential neighborhoods and commercial district. Page 11 of 43 Population & Diversity • . Yakima's rate of population growth (23.3%) exceeds the national average (20.3%) since 1990, indicating strong growth fundamentals in the regional economy. • Yakima approaches the growth rate of the Seattle region (26.0%), a robust and healthy technology economy. • , Yakima County has high proportions of Hispanic residents versus the U.S. as a whole., A diverse workforce is a desirable trait in the eyes of many site selection consultants. • The median age in Yakima County is 31.7 years, more than 13% lower than the State of Washington and the U.S. overall, and lower than regional benchmarks in Seattle, Wenatchee, and the Tri -Cities. • The low median age and low rate of growth in Yakima County is a strong and unique asset for companies looking to locate or expand in a region with a young workforce. • The proportion of a region's population represented by 25-44 year olds is an important barometer of its technological workforce. • . Yakima possesses an unusually high proportion of young families, an indicator of the area's attractiveness as a place to raise children. Employment Trends • . The Yakima region has a 6.5% employment growth rate over the past six years, more than twice that of the national average (3.1 %). • Yakima County outperformed the State of Washington (6.2%) and Seattle (3.4%) employment growth rates over the same period. • , Since peaking at a rate of 13.6% in 1993, regional unemployment has declined consistently, narrowing the gap with U.S. unemployment levels. • In October of 2007, Yakima County unemployment dipped below the U.S. rate for the first time since before 1990, indicative of the area's growing economic strength and momentum. • , The Yakima region has achieved unemployment declines despite a rapidly growing labor force. • Since 2001, the region's pool of workers has burgeoned, experiencing 17.8% growth versus only 13.2% in the State of Washington and 6.8% in the U.S. as a whole. Development of the YRDA will enhance regional competitiveness with substantial economic impact, both in terms of total investment and overall job creation. • $475.975,963 total investment • 4,631 permanent jobs (2054 jobs in manufacturing/technical/professional) • 1,315 construction jobs • $425,282,167 total 30 -year tax revenue Page 12 of 43 TARGETED INDUSTRIES FOR EMPLOYMENT CENTER MEDICAL INDUSTRY The Yakima County medical industry produces total economic output of approximately $1.1 billion.. The medical industry purchases approximately $462 million in goods in services annually; 40% ($188 million) of these purchases are made locally, versus 60% ($274 million) imported from outside the region.. Almost half ($151 million) of Yakima County hospital purchases were made outside the region. Another $116 million in physician purchases went to outside vendors, while $84 million in purchases by other ambulatory health care operations failed to stay in the county. High volume leakage in the medical industry supply chain occurs in pharmaceutical and medicine manufacturing ($22.5 million), surgical and medical instrument manufacturing ($8.5 million), surgical appliance and supplies manufacturing ($6.1 million), and sanitary paper product manufacturing ($4.5 million). Given the strength of Yakima County's expanding medical cluster, as well as its low cost manufacturing environment, these high-value added production functions will be targeted for niche -sector medical industry recruitment. The YRDA possesses the following key assets that will support the recruitment and growth of the medical industry: 1. Demographics: Although the County's median age is relatively low compared with benchmark communities, the population is nevertheless shifting towards greater representation by residents aged 55 or older. Since 2000, the proportion of residents over the age of 55 has increased from 18.9%, to 20.6% of the population. In addition, strong population growth in the region supports an increase in the absolute number of individuals in this older demographic. Consequently; the demand for health care services is also expected to increase. 2. Available Sites -Doctors and other medical specialists require affordable space for their practices, and the infrastructure needs of such facilities are usually modest. With the growth of local hospitals, the arrival of the Pacific Northwest University of Health Sciences campus, and the continued expansion of medical offices, the YRDA will have the necessary inventory affordable office meet demands health � of affordable office �.c space to the of most IlCdllll care service providers. 3. Medical School — The opening of the. Pacific Northwest University of Health Sciences as one of only 22 schools of osteopathic medicine in the nation will serve as a significant boon to Yakima's medical industry. Not only will the new medical school create jobs in health education by itself, it will also produce highly sought after physicians that will fill crucial positions as Yakima's medical industry continues to Page 13 of 43 expand. In addition, the medical school represents the potential to spawn new medical discoveries through research, resulting in commercialization and job growth opportunities in the biotechnology/life sciences industry. Pacific Northwest Health Sciences University (PNHU) PNHU is the Pacific Northwest's first new medical school in 60 years, and will substantially increase the number of new practicing physicians each year and prepare a new generation of doctors to serve in our underserved communities. PNHU is committed to drawing students from the Pacific Northwest and encouraging them to practice in the five state region of Washington, Alaska, Oregon, Idaho and Montana. 76% of PNHU's entering class are from these five states. The Pacific Northwest University of Health Sciences will be a world-class medical school staffed by top caliber academic instructors and practicing physicians from both the osteopathic and allopathic professions. With a student body of 280, PNHU will train 75 new primary care physicians per year beginning in 2008. Based in Yakima, in the heart of Central Washington's medically underserved population, PNHU will make a significant contribution toward solving the region's health care crisis. PNHU will utilize rural and small community hospitals throughout eastern Washington for student rotation and residency programs as part of its comprehensive campus -based educational curricula, training students in the very environments in which they will ultimately practice. 14 Regional Campus sites are confirmed for Clinical Rotations, along with 33 affiliation agreements as future teaching sites (over 300 physicians responded as interested in serving as a teaching site.). When fully developed, PNHU will contribute to 7.5% of new job growth in the Yakima MSA. DISTRIBUTION, LOGISTICS & SUPPLY CHAIN With the YRDA's excellent transportation access and increasing prospect interest from the distribution industry, recruiting logistics and supply chain companies would provide an excellent way to add value to the trade occurring in the region, and in the process re- capture dollars currently leaking outside the community. Medical Supplies Distribution Medical supplies distributors are critical to maintaining an efficient healthcare system. Medical supplies --especially pharmaceuticals — must be distributed rapidly and in high volume in order to ensure the needs of healthcare serviceproviders are met. 130,000 pharmacy outlets must be served every day, with just -in -time needs often requiring delivery within 12 hours of order. The YRDA's equidistance to three major healthcare markets and reliable transportation infrastructure make it a logical choice to participate in the growth of medical supplies distribution. The development of a medical equipment and supplies manufacturing cluster in the region will further support the potential of such distribution operations. Page 14 of 43 MANUFACTURING Yakima County's manufacturing sector is comparable in relative size to Seattle, the State of Washington, and the nation, with 9.6% of employment represented by this sector.. Though the region has traditionally been an agricultural center with relatively little manufacturing presence, the decline of domestic manufacturing has reduced the importance of that sector in communities across the country such that many no longer distinguish themselves from Yakima County in this regard. The focus of the YRDA's manufacturing competitiveness will be to capture opportunities to serve the needs of growing and stable industries in the region. Ancillary Wine and Agriculture The agricultural cluster is by far the most vertically integrated, complete cluster in Yakima County. Over 50% of industry purchases stay within the County, with many local commodities satisfying virtually all of the product demand of the Yakima agricultural cluster. Still, due to the size of the industry more dollars leak out of Yakima County for the agricultural cluster than for any other targeted industry. Most of these purchases are for value added goods used as inputs for production and packaging. The manufacturing and distribution niche sectors of these products are prime candidates for recruitment to the YRDA in order to help fill remaining gaps in the supply chain and more fully exploit the agricultural strength of Yakima County. Winemaking continues to experience robust growth along virtually ,every indicator. Moreover, winery employment has grown by over 40% since 2001, and wages have increased more than 17% over this period. Unlike the rest of agriculture, however, the wine industry has not yet reached the critical mass to support the ancillary activities such as cooperage(barrel making), glass production, and distribution of products used in the making of wine. Nearly all of this investment is made with out of state companies, most of them in California: At its current growth rate, the Washington and Pacific Northwest wine industry will certainly arrive at this point in the next decade. The YRDA is uniquely positioned to serve as a central distribution point for ancillary wine industry needs for all appellations of Washington, Idaho, Oregon and even British Columbia. Combined, these regions will soon have the purchasing power to recruit the U.S. and international corporations that provide these products to the biggest wine growing regions lf the world.. It has been, and will continue to be a focal point of Yakima's business cultivation efforts. Page 15 of 43 PROFESSIONAL AND BUSINESS SERVICES The highest leakage areas for Yakima area business services are with the service industries that constitute the highest level of overall industry investment: real estate, management consulting services, telecommunications, office administrative services, and employment services. The greatest targeting opportunities occur in lower value- added service industries with moderate leakages. Back Office Financial Services With Central Washington University's College of Business close by in Ellensburg, and industry dislocation trends that see back office financial services moving away from major metros, this sector is a viable niche target as Yakima County seeks to grow its base of professional employees. Office Administrative Services This industry provides a range of administrative services, including financial planning, billing and recordkeeping, personnel, and physical distribution and logistics. Not included within the purview of this industry is the provision of staff to carry out the operations of a business. The average annual wage for jobs in this sector is just over $52,000, significantly above the national private sector average. 70% of purchases made by Yakima area business services firms to the office administrative services industry escape the Yakima region, making it an appropriate niche target for recruitment. AESTHETIC APPEAL — TOURISM — RETAIL — RECREATION RETAIL -COMMERCIAL DEVELOPMENT There is not a single frontage -facing retail mall located on Interstate 82 in the state of Washington between Ellensburg and the Oregon border. Yakima is the principal city of Central Washington, and the YRDA is located at the gateway to Washington Wine Country. One of the most important opportunities a community has to make a positive impression on visitors and travelers is through its gateways. The entrances to a community create a critical first impression in the minds of those driving through, often serving as the primary basis upon which a judgment of the entire community may be made. Improving the perception of Yakima was highlighted as the number two economic development goal for the community in 2008 (Blueprint. Yakima). Yakima's quality of life revolves around its scenic beauty, recreational opportunities, proximity to Washington wine country, and affordable housing opportunities. Despite its scenic beauty, however, Yakima and surrounding communities lack a unified aesthetic appeal in their commercial corridors. The Yakima Valley needs a signature project to define the image of the region, and the YRDA is the perfect location to accomplish this mission. Page 16 of 43 Retail -Commercial Activity in Yakima in 2000-2001, Yakima's only shopping center, The Yakima Mall, was completely vacated. Located in the downtown, this 850,000 square foot facility, located in downtown, housed Nordstrom, Macy's, JCPenney, Mervyn's, Eddie Bauer, The Gap, and many other retail shops. These departures were primarily caused by the slumping national economy that forced national retailers to eliminate many 3`d tier market stores. While another largely vacant mall space, Valley Mall, has redeveloped and expanded, the only Yakima Mall stores that relocated to this development were Macy's and Eddie Bauer. Despite the departure of major retail, the City of Yakima's taxable sales have increased over the past three years by 17.6%, with an average annual growth rate of 5.76%. Using a simple trend analysis of the State Employment Security Department retail sales for Yakima County for the years 1990 to 2005, Yakima County's growth would result in total retail sales in 2019 of $3,281,415,970, or an increase of $777,679,095 from 2005. The Yakima Urban Area Comprehensive Plan found that Yakima's ratio of 84 people per commercial acre could absorb up to 415 acres of new commercial space by 2015 to maintain the same ratio, given the population growth projections. This figure does not take into account the regional draw that Yakima is for rural communities, including the retail activity that comes as a result of the growing number of Northwest sporting events and tournaments that come to Yakima. YRDA Commercial - Retail Development Plans "Lifestyle Center" A 25-30 acre "lifestyle center" will feature a pedestrian oriented design with a system of streams/canals, ponds, pathways and green space that will serve the daily needs of the residential and employment center, as well as create a destination ranter for those seeking a village type shopping and recreation experience. This center will include some upstairs residential units or condominiums, specialty/boutique retail, wine tasting rooms, restaurants, small specialty grocers/markets, pharmacies, spa/wellness facilities, and other amenities. The pedestrian and water amenities will connect with the Yakima River Greenway. R_ _C_•_:e --•- eWaJ". iv11al r�ctaee venter The first priority for retail marketing and recruitment to the YRDA are national retail outlets that do not have a presence in the Yakima Valley, including those that left the region during the 2000-2001 mall closure. The property owners are working with Sandor Development to design and market approximately 50 acres as a retail shopping complex. The complex is being marketed to several high end retailers that are not present in the Yakima market. Their decision to locate in the Yakima market is based u on the features of the YRDA site, and the availability of transportation infrastructure. Page 17 of 43 Yakima Regional Aquatics Center The Yakima Aquatics Center is a proposed 10-15 acre indoor/outdoor facility that features various aquatic components such as zero depth beach entry, lazy river, interactive water play features, waterslides, wave pool, lap swimming, and other leisure and/or competitive elements for a hybrid aquatic center which accommodates multiple age and user groups. The Yakima Regional Aquatics Center Task Force intends to seek a .01% increase of the sales tax rate to finance the aquatics center through an existing Public Facilities District that includes the cities of Selah and Union Gap. The aquatics center would occupy approximately 10 acres in the YRDA that the mill property owners have agreed to donate to the effort, saving the project up to $2 million in land acquisition costs. A decision on the project's financing package is scheduled for August 2008. Auto Dealership Retention A number of local businesses that are facing pressure to expand in order to survive who have expressed interest in the development, including auto dealers, the highest producers of sales tax in the city. In 2006, Bud Clary Toyota, the highest producer of sales tax in the city, was forced t� purchase property and build a new dealership in a neighboring community for this reason. Similar industry pressures will force the consolidation and rebuilding of other dealerships in the next five years. Hahn Motors started as Chrysler dealership over 60 years ago in Yakima, and have remained on the same site throughout their growth and expansion into Mercedes and BMW, all with a common showroom, maintenance and sales operation. The Mercedes and BMW corporations have mandated that Hahn separate their dealerships in order to maintain their franchise standing. The currently facility is land locked, and acquisition of adjacent property will be difficult and costly. Hahn Motors is the only Mercedes and BMW franchise in Central Washington, and other communities outside of Yakima County are vying for their business. Hahn has signaled their intent to purchase land within the YRDA to build a new Mercedes and BMW showrooms, which would also allow for expansion of the Chrysler -Plymouth dealership on the original site (letter attached). Following a two year search process, this is the only property in the Yakima area that Hahn has found both suitable and affordable. Yakima County will be at risk of losing this business to another community in Central Washington if this issue is not resolved in the near future. Sources: U.S. Census Bureau Bureau of Labor Statistics Blueprint Yakima Yakima Aquatics Center Feasibility Study Economy.com Angelou Economics Page 18 of 43 3. Show how the project's estimated wages and benefits .are greater than the average in your labor market area. Describe the methodology used to estimate the average wages. Please list your data sources. Development of the YRDA Employment Center will create 1,307 new manufacturing jobs over 10 years. The targeted industries for the YRDA pay an average wage of $58,196, which is substantially higher than the county's average manufacturing wage of $35,640.00. This is partially due to the assumption that a number of workers will also be recruited from outside the area to fill technical positions, and higher wages are required to recruit that type of worker from another market. YRDA will also crate 747 professional and technical services positions over 10 years, primarily based in the medical and technology and research fields, which will also call for a higher average wage of $47,925, compared to the current county average of $35,428. 2,578 jobs will also be created retail trade, accommodation and food services over 10 years, with wages and benefits expected to be the same or slightly higher than the county average. These two classifications of employment will also offer health care and other benefits to a higher percentage of the workforce. A diverse range of sources were used to determine the average wage and benefits for YRDA employment. The lower educational attainment levels and wage base for Yakima County, combined with the low number of jobs available in certain classifications made it difficult to demonstrate a dramatic increase in the overall county wage rate. Part of our overall goal is to also recruit employees to the region with the employers. Job creation was based partly upon standards for employment generation per square foot for different industries (Urban Land Institute'). Again, in some cases, the number of jobs created per square foot in the Yakima market will likely be Tess than in the Puget Sound in the areas of medical and technology. The sources of information for this analysis: Washington State Employment Security Department Washington State Department of Revenue U.S. Census Bureau Page 19 p 43 Urban Land Institute August, 2005 Donald W. Messeck and Greg Pyle. LIFT Application Data supplied by DOR, April 22, 2008 E -Mail from Ms. Miki Gearheart, DOR For each 5 -year period, the estimated jobs, wages and benefits are included in the tables that follow, as well as in Attachment G Table 7, Labor Assumptions and Timing. This Table also shows the 2006 average annual wage for each labor market area and the estimated new jobs that would be created. Page 20 of 43 Please ex.lain wh the estimated wages are reasonable. Wages shown for Retail Trade and Food Services use the average wages for the Yakima SMSA. It is assumed that these jobs will be held by workers that are typical of the existing Yakima SMSA. Manufacturing Uses are intended to be limited to Light Industrial and Research and Development. Professional and technical services are intended to include primarily Office/Medical uses. These uses are not currently within the Yakima SMSA in any significant quantity and will need to compete for labor State wide, wage rates for these uses used a combination of State wide and Yakima averages. The lower wages reflected in the YRDA are a direct correlation to the low educational attainment of the Yakima workforce. Until the workforce education level is increased either by training and education over time, or by recruitment of new workers and professionals to Yakima, it will be difficult to raise the overall wage rate for the county. Development of the YRDA Employment Center will create 1,307 new manufacturing jobs over 10 years. The targeted industries for the YRDA pay an average wage of $58,196, which is substantially higher than the county's average manufacturing wage of $35,640.00. This is partially due to the assumption that a number of workers will also be recruited from outside the area to fill technical positions, and higher wages are required to recruit that type of worker from another market. YRDA will also crate 747 professional and technical services positions over 10 years, primarily based in the medical and technology and research fields, which will also call for a higher average wage of $47,925, compared to the current county average of $35,428. Page 21 rf-"3 2014 2006 county average annual wage (from ESD) Estimated new Employee s in RDA (From Form II -A) Estimated average annual wage by industry in RDA (2006 dollars)* Percent offered paid leave (Enter from 2006 ESD data) Percent offered health care (Enter from 2006 ESD data) Percent offered retirement (Enter from 2006 ESD data) Industry Agriculture, forestry, fishing and hunting Mining Utilities Construction Manufacturing $35;640.00 393 $58,196 84.3% 90.6% 46% Wholesale trade Retail trade $23,670 344 $23,670 27.0% 57.9% 46% Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional and technical services $35,428.38 224 $47,925 84.3% 92.6% 46% Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation• Accommodation and food services $13,350 263 $13,350 45.9% 27.0% 46% Other services, except public administration TOTAL 1,224 *If unknown, use county average annual wage for industry Page 22 of 43 2019 2006 county average annual wage (from ESD) Estimate d new Employe es in RDA (From Form II- A) Estimated average annual wage by industry in RDA (2006 dollars)* Percent offered paid leave (Enter from 2006 ESD data) Percent offered health care (Enter from 2006 ESD data) Percent offered retirement (Enter from 2006 ESD data) Industry Agriculture, forestry, fishing and hunting Mining , Utilities Construction Manufacturing - $35,640.00 653 $58,196 84.3% 90.6% 46% Wholesale trade Retail trade $23,670 730 $23,670 27.0% 57.9% 46% Transportation and warehousing Information Finance and insurance Real estate and rental and leasing $35,428.38 373 $47,925 84.3% 92.6% 46% Professional and technical services Management' of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services $13,350 559 $13,350 45.9% 27.0% 46% Other services, except public administration TOTAL 2,315 Page 23 of 43 2024 2006 county average annual wage (from ESD) Estimated new Employee s in RDA (From Form II -A) Estimated average annual wage by industry in RDA (2006 dollars)* Percent offered paid leave (Enter from 2006 ESD data) Percent offered health care (Enter from 2006 ESD data) Percent offered retirement (Enter from 2006 ESD data) Industry Agriculture, forestry, fishing and hunting Mining Utilities Construction Manufacturing $35,640.00 1,307 $58,196 84.3% 90.6% 46% Wholesale trade Retail trade $23,670 1,459 $23,670 27.0% 57.9% 46% Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional and technical services $35,428.38 747 $47,925 84.3% 92.6% 46% Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services $13,350 1,119 $13,350 45.9% 27.0% 46% Other services, except public administration TOTAL 4,631 unknown, use county average annual wage for industry Page 24 of 43 2029. 2006 county average annual wage (from ESD) Estimate d new Employe es in RDA (From Form II- A) Estimated average annual wage by industry in RDA (2006 dollars)* Percent offered paid leave (Enter from 2006 ESD data) Percent offered health care (Enter from 2006 ESD data) Percent offered retirement (Enter from 2006 ESD data) Industry Agriculture, forestry, fishing and hunting Mining Utilities Construction Manufacturing $35,640.00 1,307 $58,196 84.3% 90.6% 46% Wholesale trade Retail trade $23,670 1,459 $23,670 27.0% 57.9% 46% Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional and technical services $35,428.38 747 $47,925 84.3% 92.6% 46% Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services $13,350 1,119 $13,350 45.9% 27.0% 46% Other services, except public administration TOTAL 4,631 Page 25 ,3 2034 2006 county average annual wage (from ESD) Estimated new Employee s in RDA (From Form II -A) Estimated average annual wage by industry in RDA (2006 dollars)* Percent offered paid leave (Enter from 2006 ESD data) Percent offered health care (Enter from 2006 ESD data) Percent offered retirement (Enter from 2006 ESD data) Industry Agriculture, forestry, fishing and hunting Mining Utilities , Construction Manufacturing $35,640.00 1,307 $58,196 84.3% 90.6% 46% Wholesale trade Retail trade $23,670 1,459 $23,670 27.0% 57.9% 46% Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional and technical services $35,428.38 747 $47,925 84.3% 92.6% 46% Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services $13,350 1,119 $13,350 45.9% 27.0% 46% Other services, except public administration TOTAL 4,631 *If unknown, use county average annual wage for industry Page 26 of 43 2039 2006 county average annual wage (from ESD) Estimate d new Employe es in RDA (From Form II- A) Estimated average annual wage by industry in RDA (2006 dollars)* Percent offered paid leave (Enter from 2006 ESD data) Percent offered health care (Enter from 2006 ESD data) Percent offered retirement (Enter from 2006 ESD data) Industry Agriculture, forestry, fishing and hunting Mining Utilities Construction Manufacturing $35,640.00 1,307 $58,196 84.3% 90.6% 46% Wholesale trade Retail trade $23,670 1,459 $23,670 27.0% 57.9% 46% Transportation and warehousing Information Finance and insurance Real estate and rental and leasing Professional and technical services $35,428.38 747 $47,925 84.3% 92.6% 46% Management of companies and enterprises Administrative and waste services Educational services Health care and social assistance Arts, entertainment, and recreation Accommodation and food services $13,350 1,119 $13,350 45.9% 27.0% 46% Other services, except public administration TOTAL 4,631 unknown, use county average annual wage for industry Page 27 '3 4. A) Project the estimated state and local net employment change over the life of the project in the RDA. Employment from construction activity should be shown separately. Use selected employment data by industry provided by CERB. Year Net employment change (include both actual # of employees and % change)(Permanent, non -construction jobs) Employees (from Form ll -A) Percent change (from 2007) over time 2007 (Use actual estimated employment) No existing employment in the RDA 0% 2014 1,224 100% 2019 2,315 100% 2024 4,631 100% 2034 4,631 100% 2039 4,631 !00% Construction Employment 2014 709 2024 606 Enter the percent change in employment in the county over the last 7 years (data from ESD). If the RDA employment growth is greater than historical trends, please explain why. The historic growth rate for the County has been about 0.5% per year with an increase of about 3.3% over the 7 -year period. The RDA is currently undeveloped and there is no employment, consequently all employment in the future will be new. B) What percentage of the total countywide employment is the new RDA employment (use ESD data for 2007 and 2014)? Year ESD countywide employment projection RDA employment as a percent of countywide employment 2007 78,100 0% 2014 86,000 1.42% If the jobs created by the project exceed 10% of the 2014 projected employment in the county, explain why the estimates are reasonable. N/A Page 28 of 43 5. A) Project the estimated state and local net property tax change over the life of the project in the RDA. Use 2007 dollars. For local net property tax change, use current local property tax rates for all taxing districts within the RDA applied to 100% of estimated assessed value of new construction and improvements to property in the RDA. For state net property tax change, use current state property tax rate (see 2007 State Property Tax Rates table) applied to 100% of estimated new construction and improvements to property in the RDA. (Note: These numbers will be different than the estimates generated for property tax allocation revenues in worksheet V-A) Year Local Net Property Tax Net Revenue Revenue Percent Change over time State Net Property Tax Net Revenue Revenue Percent Change Example City: County: School District: Port: City: County: School District: Port: 2007 (Actual revenue) $69,318 0% $11,986 0% 2014 $989,498 93% $170,932 93% 2024 $3,752,636 73.6% $648,252 73.6% 2034 $3,752,636 0% $648,252 0% 2039 $3,752,636 0% $648,252 0% What is the current local property tax rate for each taxing district located partially or entirely within the RDA? For the RDA in the City it is $11.74558634 per $1,000 valuation. Page 29 of 43 What has been the average annual percent change over time in property tax revenue over the last 3 years for each taxing district? The City of Yakima's average annual percent change over time is 6.68%, with an annual change per year of 2.23% If the RDA growth in assessed value is greater than historical trends, please explain why. The RDA is currently undeveloped with minimal property tax. Consequently future growth will be much higher than current trends, particularly until full build out in 2024 when the valuation of the property will increase significantly. B) In 2014, what percentage of the total valuation in the sponsoring local government is the estimated increase in valuation within the RDA? In 2008 the most recent total valuation of the City was $4,586,923,853. In 2014 the total estimated value in the RDA will be $112,325,676, and the city's total valuation Is estimated to be $5,235,904,242. The YRDA increase will represent 2.1% of the city's total valuation in 2014, using the same annual average increase calculation for the city. The YRDA increase would represent 2.5% of the 2008 total valuation. Page 30 of 43 Describe the methodology used to generate the estimates in 5-A. Please list your data sources. Include a discussion on the amount of new construction and improvements to property expected in the RDA over the life of the project. The City worked with JUB Engineers and Land Use Strategies to calculate the revenue estimates for the YRDA in accordance with 39.102 RCW. It must be noted that both the property tax and sales tax rates, and total taxable sales for the City of Yakima were reported' incorrectly by the Department of Revenue. The city sales tax rate was calculated at the present rate of 8.2% (DOR showed 8.4%). City property tax was calculated at 11.75% (DOR showed 13%). State Revenue Share Calculation While the overall state share of sales tax is 6.5%, in calculating the state share for LIFT, the following deductions were made: Distress County Economic Development Sales Tax Credit: 0.009 Public Facilities District for Regional Center: 0.0033 Public Facilities District for Performance Arts: 0.0025 State property tax revenue was also calculated at 75% of increased value. Assumptions on Construction: In summary, the information is based on the following series of assumptions: • Total acreage • Total building square footage of commercial, residential, office and industrial development; • Total estimated costs for site and building development; • Total estimated costs for on-site and off-site public improvements within the RDA; and • Total projected construction and Tong -term employment. YRDA LIFT CONSTRUCTION COST ESTIMATES Estimated Costs Total Private Development Costs $337,817,045 LIFT Public Infrastructure Costs $ 50,489,459 Total Privatcand Public Investment $475,795,963 Page 31 of 43 The construction schedule assumes a 15 -year build out period with the highest level of construction occurring in 2014- 2017. The timing of construction was based on analysis of absorption rates for the Yakima Urban Area for both retail and other commercial uses. Light Manufacturing and Office -Flex may be accelerated depending on the success our business recruitment efforts for the employment center. The construction schedule assumes the construction of 1-82 interchange improvements in 2015. Construction estimates were based on industry trends and similar projects. Retail -Commercial land use was calculated at 5,331,744 square feet over 122 acres. Types of retail commercial included in this overall calculation were: Lifestyle Village; Big Box Commercial, Multi -tenant medium commercial, hospitality, dining. Office -Medical was calculated at 871,200 square feet over 20 acres, and includes professional and technical services, medical offices, financial, etc., and assumes sales tax exempt activities. Light-Industrial/R&D Flex was calculated at 1,306,800 square feet over 30 acres and includes research, manufacturing, assembly, etc., and assumes sales tax exempt activities. All the assumptions and methodology for developing the estimates are included in the attached tables 1- 7. Primary Data Sources Washington State Employment Security Department; Washington State Department of Revenue; U.S. Census Bureau; Urban Land Institute; Taxable Sales, Employment and Wage Trend in Yakima County's Retail Trade Sector, August, 2005 Donald W. Messeck and Greg Pyle; LIFT Application Data supplied by DOR, April 22, 2008; E -Mail from Ms. Miki Gearheart, DOR; 2007 Retail Store Taxable Sales Estimates, HdL Companies, 2007 MacKay & Sposito, Inc. Page 32 of 43 6. Project the estimated state and local net sales and use tax change over the life of the project. Use 2007 dollars. For Local Net Sales and Use Tax Revenue, use all local sales and use tax rates applicable within the RDA. For State Net Sales and Use Tax Revenue, use current state sales and use tax rate of 6.5% Tess any local sales and use taxes that are credited against the state sales and use tax. Year Local Net Sales and Use Tax Revenue (from form II -A) State Net Sales and Use Tax Revenue (from form II -A) Net Revenue City: County: Percent Change City: County: Net Revenue Percent Change Example 2007 (Actual revenue) $0 0% $0 0% 2014 $894,442 100% $4,876,523 100% 2024 $1,827,472 51.1 % $11,187,694 56.0% 2034 $1,774,657 -3.0% $10864362 -3.0% 2039 $1,774,657 0% $10864362 0% What are the current local sales and use tax rates for each taxing authority receiving sales and use tax distributions from taxable activity within the RDA. The Sales Tax rate for the City withfri the RDA is 0.082 What has been the average annual percentage change over time for sales and use tax revenue for each taxing authority over the last 3 years? 17.26% for the City of Yakima over the three year period, 5.75% annual. Page 33 of 43 Page 34 of 43 For 2007, what is the new taxable sales as a percent of the total taxable sales in the sponsoring local government? 5.75% increase in taxable sales for City of Yakima. No increase from the YRDA. If the new taxable sales are more than 10% of the total sales for the sponsoring local government, explain why these estimates are reasonable. Not Applicable Page 34 of 43 7. Describe the economic health and vitality of the proposed revenue development area and the contiguous community. Explain the estimated impact of the proposed project on the proposed revenue development area and contiguous community. ECONOMIC HEALTH AND VITALITY OF YRDA AND COMMUNITY The redevelopment of the YRDA is an urban infill project that utilizes and builds upon existing urban infrastructure within the city's core area. The mixed use and transit - oriented redevelopment will improve the economic health and vitality of the both the former sawmill site and surrounding neighborhoods, which are among the most economically distressed in the state of Washington. Northeast Yakima's population has changed from older, white residents to young Latino immigrants. The Latino population has doubled over the last decade and makes up 57% of the census tract's population. According to the U.S. Census, 25% of all Yakima children aged birth to 5 live in Northeast Yakima, and more than 50% of them live below the poverty level. Barge -Lincoln Elementary, located just 3 blocks from the mill, is 86.3% Hispanic, compared to 58.4% in the district, and 13.7% statewide. 96.6% of students at Barge -Lincoln qualify for free or reduced price lunch. (OSPI 2006) The health, education and workforce skills of this young and growing population are important to Yakima's future development, and will impact the long term success of the YRDA. This transition will be difficult due the severe economic distress of Northeast Yakima that its root in language barriers, level.. and eroded _d. d • �-•�•• • ••. ...•... has root causes language education levels, CI VUCU family structures. According to the U.S. census: • NE Yakima's poverty rate is 43% • Half of all households are headed by a single parent. • One-third of all adults in NE Yakima do not speak English. • 76% of all adults over age 25 do not have a high school diploma or equivalent. The YRDA possesses a unique mix of location, population diversity, and opportunity that reinforce our belief in the LIFT project's potential to transform not only Northeast Yakima, but the region. • Ninety percent of the state's population lives within a 3 hour drive of Yakima. • Over 200 acres of prime urban interstate frontage at the gateway to the Yakima Valley, • Location between major freeway interchanges of Interstate 82/US 97, State Route 24, and US 12, Page 35 of 43 • 40,000 vehicles per day use Interstate 82 to pass by the YRDA. • Centered within an urban area of 116,000 residents that lacks a true mixed-use employment, commercial and recreation center. • Federal Renewal Community tax Incentives (wage credits, zero capital gains, accelerated depreciation); • State Community Empowerment Zone/Distressed County tax incentives • Single ownership/site control — McDougal Brothers. • Senior water right. • Located four blocks from the Yakima Convention Center and Downtown Yakima. The Yakima economy continues to experience healthy growth, despite the stagnancy of the national economy. In addition to the retail sales growth mentioned above, property tax revenue and home appreciation are also on the rise, but at a healthy rate. Property tax revenue in the city has increased 6.68%. According to a recent national report by the Office of Federal Housing Enterprise Oversight (OFHEO), Yakima home prices appreciated by 5.67% from Q1-2007 to Q1-2008, ranking Yakima 17th in the country for home price appreciation. In the Central Business District, which is adjacent to the YRDA, nearly 3 dozen property sales have taken place in the same time frame. In 2004, only $3,876,470 of building permits over $50,000 were issued in the CBD. In 2007, that number jumped to $17,189,275. Two new hotels were built in 2006 and 2007, with two more scheduled for 2009. A $7 million expansion of the Capitol Theatre Plaza will also be constructed in 2009 and 2010. The former Yakima Mall has been redeveloped and served as a catalyst for the resurgence of downtown. Mervyn's is now the Hilton Garden Hotel; Macy's is under construction as The Lofts Condominiums; Nordstrom is now Yakima School for the Arts; B. Dalton Books is now Donatellia Winery; and a new hotels will constructed in two other vacant buildings. The private sector has invested over $50 million in downtown projects in the past 3 years, and many old, vacant buildings are being refurbished and restored to their original mixed use of residential upstairs, commercial downstairs. 24 new small businesses are thriving in our core area. The City and state have invested $10 million to renovate the downtown streetscape and infrastructure. This investment and the city's Renewal Community incentives, are listed by many of the 36 new businesses as the key reasons for choosing to expand or relocate downtown. Establishing a bike -ped, transit and business connection with the downtown and the Yakima Convention Center is important to the YRDA. The YRDA's plans to increase the quality and quantity of retail and recreational amenities are critical to the convention center's success; and the YRDA's potential to improve the northeast neighborhood as a live -work area is important to the sustainability of downtown redevelopment. For this reason, both entities are supporters of the YRDA LIFT application. Page 36 of 43 PROJECT ABILITY TO EARN STATE CONTRIBUTION Using the formulas and data provided by CERB/DOR, the YRDA clearly demonstrates the ability to earn and utilize the state's contribution. The following figures are calculated and further defined on worksheet V-A, and the total economic impact is calculated in attached worksheets used to analyze the YRDA economic impact at full build out. Figures during construction are higher. Annual City sales and use tax revenue Annual annual City property tax revenue Annual State sales/use tax revenue Annual state property tax revenue $ 1,774,657 $ 3,752,636 $ 10,864,362 $ 648,252 The YRDA is essentially a "blank canvas" for economic development, with little or no taxable sales occurring and low levels of property tax. Nearly all construction or sales activity will register as a dramatic increase from the YRDA's current revenue generation. NEED FOR LIFT FUNDING Without LIFT funding, the redevelopment of the YRDA will suffer a tremendous setback, and Central Washington and the State of Washington will miss a once in a generation opportunity to help reshape a regional image and economy. Community momentum and support will certainly be tempered,and the present interest in the YRDA, and in some cases the Yakima market, by several national retailers and other potential employers will wane. The city and McDougal Brotherswould continue our planning and advocacy efforts toward approval of the interchange modifications, but funding for a project of this magnitude will be difficult though both the state and federal legislative processes. The City of Yakima is already in the preparation process for a local street bond to repair streets throughout the city. The YRDA is one of the few transportation and utility infrastructure projects that is an appropriate fit for the LIFT program, and is certainly the one with the most impact for the region. Without LIFT funds, the YRDA will compete with other regional priorities for other sources of grant and loan funds, which means that other priorities will be delayed if the YRDA is successful. As traffic levels continue to increase due to the average rate of growth, the Yakima r'1YG1 luv it IIGI to !al iyyc, wl !RAI all Gauy iui ii.uoi is ueyon iu (xi pactty, coma place the area a risk for a moratorium on significant development projects until capacity improvements are made. What is presently slated for a well planned development that encourages multi -modal transportation and linkages with the community could quickly deteriorate should different parcels of property need to be sold off in order to contribute to improvements in another area of the YRDA. Page 37 of 43 ["1 The water right that is so valuable to the development potential of the property is also in high demand and could be sold to any number of suitors in order to raise capital for development. Again, this would dramatically alter the vision and development potential for the site. The proposed regional aquatics center, while not a LIFT funded project, will lack the basic infrastructure needed for construction, which means that a different site would need to be prioritized, and it is unlikely that the new site would be under single ownership/site control, much less be donated to the city. The continued presence of chain link fences and the barren landscape of the former Boise Cascade site will certainly have an adverse effect on the Northeast Yakima neighborhoods as the empty site reinforces the residents' perception of abandonment and neglect, and becomes a haven for drugs, assault, vandalism, graffiti and gang activity. YRDA IMPACT ON AREA BUSINESSES Yakima County is approximately 2.75 million acres, making it the second largest county in Washington in terms of its land base. However, three public entities (Yakama Nation, U.S. Forest Service, U.S. Department of Defense) own over 1.7 million acres, or 62% of land in the county, making it non-taxable. The City of Yakima is the tenth largest city in Washington, and contains over 35% of the total county population. Developable land for regional commercial centers is nearly unavailable within the core urban area. The YRDA's primary job growth strategy is to build on the region's core assets while offering an opportunity to progress. The industries that the YRDA seeks to develop are those that will be attracted to the area's unique strengths such as its strong transportation networks, proximity to major markets in the Pacific Northwest, appealing lifestyle amenities, education support assets (at area community colleges, universities and technical schools) and a growing base of current employers. The development of competitive clusters is one of the key generators of regional wealth. A cluster develops when businesses in interrelated industries choose to locate in dose proximity to take advantage of a region's inherent advantages. The Yakima Urban Area Comprehensive Plan found that in Yakima may need up to 415 acres of new commercial space by 2015, given the population growth projections. The first priority for retail marketing and recruitment to the YRDA are national retail outlets that do not have a presence in the Yakima Valley. The lack of available, suitable space with visibility and easy access is often cited as a reason that many national retailers bypass Yakima. Smaller Yakima retail shops faced with a need for more space or better visibility have either relocated to other parts of town, or closed altogether. A regional center like Yakima must maintain a diverse Page 38 of 43 inventory of options for businesses to relocate or expand, and the development of the area's first "lifestyle center" will attract a new and unique grouping of retail and entertainment opportunities for the community. Several community indicators support the need for additional, more diverse lifestyle amenities, and demonstrate that the community has the capacity to support them. Some of these indicators include: • Yakima's rate of population growth (23.3%) exceeds the national average (20.3%) since 1990, indicating strong growth fundamentals in the regional economy. • The median age in Yakima County is 31.7 years, more than 13% lower than the State of Washington and the U.S. overall, and lower than regional benchmarks in Seattle, Wenatchee, and the Tri -Cities as well. • Yakima possesses an unusually high proportion of young families, an indicator of the area's attractiveness as a place to raise children. • The Yakima region has a 6.5% employment growth rate over the past six years, more than twice that of the national average (3.1 %). • Yakima County outperformed the State of Washington (6.2%) and Seattle (3.4%) employment growth rates over the same period. • The Yakima region has achieved unemployment declines despite a rapidly growing labor force. LIKELIHOOD OF LIFT BOND ISSUANCE The City of Yakima has a stellar record of financial management, and has a strong .track record of bond issuance over the years for capital improvement projects. The city's bond ratings by Standard & Poor are "AA -"for Water/Wastewater Revenue Bonds and "A" for General Obligation. As of December 31, 2007, the City of Yakima has a remaining non -voted debt capacity of $58,018,779. Based on the schedule for construction, the city will sell a series of five to six bonds to finance the complete package of LIFT improvements, depending on the approval and ciasinn timPlincm fnr in+arrhnnnP imnrnvaman$c One possible scenario of a "Pay as You Go" combination would be to finance the initial access road, signalization and utilities required to initiate the first phase of development, which will likely be on the south end of the YRDA. This approach would only be used on a limited basis. Page 39 of 43 8. Will neither the local excise tax allocation revenues nor the local property tax revenues constitute more than 80% of the total local funds as described in RCW 39.102.020(29) over the life of the project? a. Are the local excise tax and property tax allocation revenues presented in the Excel worksheet (V-A) the entire amount of tax allocation revenues generated in the RDA or only the portion that will be dedicated to the financing of the local public infrastructure? YES b. Based on an analysis of the entire amount of local excise tax allocation revenues and property tax allocation revenues generated over the life of the program, will either the local excise tax allocation revenues or the property tax allocation revenues exceed 80% of the total local funds as described in RCW 39.102.020(29)(c)? NO c. Based on your analysis, what percentage amount of additional local funds from other local public sources are required to prevent neither local excise tax allocation revenues nor local property tax allocation revenues from exceeding 80% over the life of the project? NONE Page 40 of 43 9. If this project is located within an urban growth area, provide evidence that the project will utilize existing urban infrastructure and that the transportation needs of the project will be adequately met through the use of local infrastructure financing or other sources. The Yakima RDA LIFT project is NOT located within an Urban Growth Area (UGA). The YRDA is an urban infill project located in one of the original plats of the City of Yakima Yakima. Therefore, it has never been within the urban growth area of Yakima because the City of Yakima grew around this site. The need for new infrastructure is due to the nature of the YRDA's prior use. This section will attempt to answer the questions in the context of the project's unique circumstances and needs. EXISTING INFRASTRUCTURE USED BY YRDA Water Infrastructure LIFT funding would utilize existing city domestic and irrigation service to the former sawmill site, and provide for additional lines from these connections through the YRDA. The sawmill site contains its own significant water right that will be utilized for development activities, including recreation and water features. This will lessen the impact on the city's water utility for the redevelopment. Wastewater The Tamarack Lift Station is located adjacent to the Northwest section of the property, where the primary employment center will be located. A 10" sewer main is located in Fair Avenue, on the south end of the development. This main will be extended to serve the south end of the YRDA. Local Streets An existing couplet located where Fair Avenue splits into Lincoln Avenue and MLK Boulevard will be modified to a roundabout, and 10th Street will be extended to the north for local access to the site from the south. "R" Street goes up to the RDA and will serve the employment center and residential development. "R" Street is not in the RDA and already serves a corridor that includes Costco Technical Support, Tacoma Screw Products, Owens Harley Davidson and Coca-Cola Bottling and Distributing. Yakima River Greenway The RDA is strategically located at the center point of the Yakima River Greenway, a continuous 10 mile paved walking/biking path system that stretches from Selah Gap to Union Gap, and west along the Naches River from its confluence with the Yakima River to the US 12 -West 40th Avenue exit. The paved pathway connects parks, river access landings, nature trails, fishing lakes, and protected natural areas. However, the Greenway does not connect directly into any transit, employment or commercial center, limiting its full potential for use as a multi -modal facility in the urban area. Page 41 of 43 The northern gate to the Yakima sawmill is directly adjacent to the only pathway connection that goes under Interstate 82. Currently, this undercrossing is a primitive dirt -rock road that is largely unused by bicyclists and pedestrians because of its hazardous conditions. It is also difficult to locate as it is not connected to city's street grid. The primary users of the road are fishermen making their way to Rotary Lake. With LIFT funding, this undercrossing will be improved to connect directly into the new public pathway and street system that will be built for the employment, residential and commercial center located in the heart of the RDA. For the first time, it will encourage interaction between the Greenway and a commercial center, and provide a safe route from the Greenway through to the downtown that does not require crossing over interstate exits and on -ramps. This will enable workers, residents, visitors and shoppers to use the Greenway as a primary route to their destination. Yakima Transit will also provide service to this site, marking the first available pick up and drop off point for the Greenway that does not require riders to cross Interstate 82 or US 12 to access the pathway. INTERSTATE 82 The YRDA is bisected by Interstate 82, and improvements to the interchanges that provide access to the site are a necessity for full redevelopment. The Yakima Avenue interchange is currently operating beyond its capacity and is at failure, according to current traffic counts and traffic modeling. This condition is due, in part, to the following circumstances: • An approved "fly over" ramp from the interchange directly into the RDA was never constructed by WSDOT/FHWA due to lack of funding. • Two approved traffic signals to control traffic at the Yakima -Fair Avenue connection were never installed by WSDOT due to lack of funding • Fair Avenue ramp is a temporary structure that has not been improved to handle increased traffic volumes, due to lack of funding. • Residential growth in Terrace Heights to the east. • Increased employment in Yakima's Central Business District to the west. The Yakima Avenue and US !2 Interchanges are located at the minimum distance allowed by the Federal Highways Administration, therefore a new interchange or ramp cannot be approved by FHWA between these two connection points. However, because the approved ramp off of the Yakima Avenue exit was never constructed, the development team is working with the WSDOT South Central Region Administrator to on a modification of the approved interchange ramp, which would also include environmental permitting. Modifying an approved interchange is a much faster process than creating a new exit ramp, which would add years to the project's development. A modification will also be easier to secure federal funding in the next reauthorization of the federal transportation act. Page 42 of 43 At the time that these access points were last modified, the mill was in full operation, and there was no timeline as to when the property would be redeveloped. But for LIFT funds, these improvements will take years to finance through state and federal transportation funding programs. This delay could put the YRDA at risk for a moratorium on development until improvements are made, and the unfunded improvements will compete with other regional priorities for limited transportation funds. Page 43 of 43 Yakima RDA Application Employaa and Tax Worksheet II•A 2034 A B C D E F G H I Industry Square Feet Bulk Sales per Square Foot (provided by CERB_) Employees per sales (Provided by ESD 6 DOR) Number of Employees (A x B x C) Percent of Sales that are Taxable (provided by DOR)_ Total Taxable Sales (sales and use IaxablelA x B x E) Local Sales Tax Rate Local Sales Tax Generated ((F x G) plus any slate shared local . taxes) State Sales Tax Generated ,((F x .065) less any slate shared local texes) Agriculture, Forestry. fishing and hunting - - - - - - - Mining • - - - — - - - / - Utilities - - - - - - - ConstrucUon -• - - - • - - - - • Manufacturing 653,400 N/A WA 1,307 NIA NIA N/A N/A N/A Wholesale (rade • - - - - • - - - Retail trade 1,375,590 294.66 0.0038 1.459 57.01% 5231.071.552 0.82% 51,894,767 511,599.792 Transportation and warehousing - - - Informabon - - - - - • - - - Flnanca and insurance - - - - - - - Real estate and rental and leasing - - - ' - - . - Professlonal and technicafservicee 261,360 N/A N/A 747 NIA - N/A N/A N/A N/A Management of companies and enterprises • - - - - - - - - Administralive and waste services - - - - - - Educational services - - - - - - Health care and social assistance • - - - - - - • Ms, entertainment, and recreation - - • - - - • . - Accommodaton and food services 223,933 266.73 0.0188 1,119 95.65% 556,917,280 0.82% 5466.722 51,163,921 Other services, except public administration ;12,763,713 TOTAL 2.514,283 4,631 5287,988,832 2039 Yakima RDA Application Employes and Tax Worksheet II•A A 0 C D E F G H I Industry Square Feat Built Sales per Square Foot (provided by CERB) Employees per sales (Provded by ESD 8 DOR) Number of Employees (A x13 x C) Percent oI Sales that are Taxable i (provided by DOR) ' Total Taxable Sales (sales and use taxable) (A x B x E) • Local Sales Tex Rale Local Sales Tax Generated ((F x G) plus any state shared local taxes) State Sales Tax Generated ((F x .065) less any stale shared local taxes) Agriculture, forestry, fishing and hunting - - - - - - . .• - - Mining -- - - Utilities - - - - - - . Construction - - - - - - - Manufacturing 653.400 N/A NIA 1,307 NIA N/A N/A N/A WA Wholesale trade - - - - - - . Retail trade 1,375.590 294.65 0.0036 1,459 57.01% 5231,071,552 0.82% 51,894,787 511,599,792 Transportation and warehousing - - - - - - - Information - - - - - - - - . Finance and 'insurance - _ - - - - - Real palate and rental and basing •- - •- - - - Prolessional and technical services 261,360 N/A N/A 747 N/A N/A N/A N/A N/A Management of companies and enterprises - - - - - • - - - - Administrative and waste services - - - - - - - - Educational services - - - - - - Health care and social assistance - - - . • - - - Ana, entertainment, and recreation - - - - - - Accomrnodatlon and food services 223,933 285.73 0 0188 1.119 95.65% 556,917,280 0.82% 5466.722 51,163,921 Other services. except public administration - SO 50 TOTAL 4,283 2,51 • 4,831 5287,988,832 2,361,508 12,763.713 se TT axable Sales + Sales axable SalesyGross Basins 2014 Yakima RDA Application Employee and Tax Worksheet Il.A A 0 C D E F G H Industry Agriculture. loreslry. fishing and hunting Mining Square Feel Bulli Sales per Square Foot (provided by CERB) Employees par sates (Provided by ESD & DOR) Number of Employees (Ax8xC) Percent of Sales that are Taxeble (provided by DOR) Total Taxable Sales (sales and use lexable)(A x 8 x E) Local Sales Tax Rale Local Sales Tax Generated ((F x G) plus any Male shared local taxes) Slate Sales Tax Generated ((F x .065) less any slate shared local taxes) Utilities onstruolion Manufacturing 261,380 WA WA 393 N/A N/A N/A WA N/A Wholesale trade Retail trade 323,837 294.85 0.0038 344 57.01% 554.398.095 0.8296 5446,064 $2.730.784 Transportation and warehousing nformalion Finance and insurance Real estate and rental and leasing Professional and•lechnical services Management of companies and enterprises Administrative and Waste services Educational services • Health care and sgcial assis(anCe Arts. entertainment, and recreation Accommodalionand food' services 117,912 N/A N/A 224 N/A WA WA WA N/A 52.718 Other services. except public administration TOTAL 265.73 0.0188 263 95.85% $13,399.276 0.82% $109,874 571,495 755,528 2024 Industry Agriculture, forestry. fishing and hunting Mining UtiBUes Construction Manufacturing Wholesale trade Retell (rade Transportation and warehousing Information Finance and insurance Real estate and rental ands leasing Professional and lechnical'services Ma mem of companies end enterprises Administrative and waste services Educational services Health care and socal assistance Arts, entertainment, end recreation Accommodation and food aerwces Other services. except public administration TOTAL 1,224 Yakima RDA Application Employee and Tax Worksheet 567,797.371 555,938 2,802,279 II -A A 8 C D E F G H 1 Square Feel Built Sales per Square Foot (provided by GERB) Employees per sales (Provided by ESO 8 DOR) Number of Employees (A x 8 x C) Percent of Sales that are Taxable (provided by DOR) Total Taxable Sales (sales and use taxable) (A x B x E) Local Sales Tax Rale Local Sales Tax Generated ((F x G) plus any elate shared local taxes) Stale Sales Tax Generated ((F x .065) leas any stale shared local taxes) 651400 N/A N/A 1,307 WA N/A N/A N/A N/A 1,375,590 294.65 0.0036 1.459 57.01% $231,071,552 0.82% 51,894,787 511,599,792 261,360 N/A N/A 747 WA N/A N/A NIA NIA 223,933 285.73 0.0188 1,119 _ 95.65% 556,917.280 50 0 82% 5466,722 50 51,183,921 2,514,283 1 4,631 5287,988,832 52,361,508 $12,783,711 Yakima RDA Construction Jobs Worksheet Value of Construction Number of Employees II -B Commercial Residential - single family Residential - multi family Total Value of Construction Commercial Residential - single family Residential - multi family Total Construction Jobs 2009 $0 $0 $0 $0 - - - 2010 $17,459,274 $0 $0 $17,459,274 62 - - 62 2011 $21,056,315 $0 00 $21,056,315 75 - - 75 2012 $27,332,513 $0 $0 $27,332,513 97 - - 97 2013 $20,172,156 $0 00 $20,172,_156 71 - - 71 2014 $44,044,970 $0 $0 $44,044,970 156 - - 156 2015 $70,039,732 00 $0 $70,039,732 248 - - 248 2016 $40,416,926 00 $8,550,000 048,986,928 143 - 31 174 2017 $17,452,462 00 $8,550,000 $26,002,462 62 - 31 93 2018 $14,212,913 $0 $0 $14,212,913 50 - - 50 2019 $18,839,982 00 $0 $18,839,982 67 - - 67 2020 018,035,852 $0 $0 $16,035,852 57 - - 57 2021 $16,035,852 $0 $0 018,035,852 57 - - 57 2022 $16,035,852 $0 $0 $16,035,852 57 - - 57 2023 $16,035,852 00 $0 $16,035,852 57 - - 57 2024 $16,035,852 $0 00 $16,035,852 57 - - 57 2025 00 $0 $0 $0 - - - - 2026 00 80 $0 00 - - - - 2027 00 $0 $0 00 - - - - 2028 $0 $0 80 80 - - - - 2029 $0 $0 $0 $0 - - - - 2030 $0 $0 $0 00 - - - - 2031 $0 $0 $0 $0 - - - - 2032 $0 $0 $0 $0 - - - - 2033 $0 $0 $0 $0 - - - - 2034$0 $0 $0 00 - - - - 2035+ $0 $0 $0 $0 - - - - 2036 $0 $0 $0 $0 - - - - 2037 $0 $0 $0 $0 - - - - 2038 $0 $0 $0 $0 - - - - 2039 $0 $0 $0 $0 - - - - Total _ _ $37.1,206,503 $0 $17,100,000 8388,306,503_ 1,314 - 63 1,377 [III] Community Economic Revitalization Board (CERB) Local Infrastructure Financing Tool Competitive Program REVENUE DEVELOPMENT AREA (RDA) WORKSHEET Use the unshaded blocks in this worksheet to note compliance with RDA limitations, special conditions and ordinance content requirements. This specific information is included in the ordinance This requirement, condition has been met Requirement and Reference YES The RDA ordinance describes the boundaries of the revenue development area, subject to the limitations in RCW 39.102.060. (RCW 39.102.090(1)(b)) YES The taxable real property within the RDA boundaries wilVdid not exceed one billion dollars in assessed value when the RDA is/was designated. (RCW 39.102.060(1)) YES The average assessed value per square foot of taxable land within the RDA boundaries, as of January 1, 2008, does not exceed $70 when the RDA is designated. (RCW 39.102.060(2)) YES The RDA does not have, within its boundaries, any part of a hospital benefit zone established under Chapter 39.100 RCW or any part of another revenue development area created under Chapter 39.102. (RCW 39.102.060(3)) YES The RDA described in the ordinance consists of contiguous tracts, lots, pieces, or parcels of land without the creation'6f:°islands of property not included in the RDA. (RCW 39.102.060(4)) YES The boundaries of an RDA have not been drawn to purposely exclude parcels where economic growth is unlikely to occur. (RCW 39.102.060(5)) YES The RDA is/was less than 25 percent of the total' assessed value of the taxable real property within the boundaries of the sponsoring local government, including any cosponsoring local govemment, at the time the RDA is/was designated. (RCW 39.102.060(7)) YES The boundaries of the RDA will remain unchanged for the time period that local infrastructure financing is used. (RCW 39.102.060(8)) YES An RDA does not include any part of an increment area created under RCW 39.89 after December 31, 2005. (RCW 39.102.060(9)) YES The revenue development area (RDA) ordinance describes the proposed public improvements to be made in the revenue development area. (RCW 39.102.090(1)(a)) .YES All of the public improvements being proposed for LIFT financing are located in the RDA. (RCW 39.102.060(6)) YES All of the proposed public improvements described in the RDA ordinance are eligible public improvements as detailed in RCW 39.102.020(21). Page 1 of 2 This specific information is included in the ordinance This requirement, condition has been met Requirement and Reference The RDA ordinance estimates the cost of the proposed public improvements and the portion of the costs that will be financed using LIFT. (RCW 39.102.090(1)(c.)) All of the public improvements in the RDA financed with LIFT are projects identified within the capital facilities, utilities, housing or transportation element of the comprehensive plan required under RCW 36.70A or are public improvements that are historical preservation activities as defined in RCW 39.89.020. (RCW 39.102.070(2)) The public improvements to be financed (wholly or partly) using LIFT are expected to encourage private development within the RDA and to increase the fair market value of real property within the'RDA. (RCW 39.102.070(3)) The sponsoring local government, participating local govemment, or participating taxing districts have or will enter into a contract with a private developer to undertake private improvements within the RDA, or have received a letter of intent from a private developer that plans to undertake private improvements within the RDA. (RCW 39.102.070(4)):.. Anticipated private development in the RDA as a result of the public .. improvements will be consistent with countywide planning policy adopted by -the county under RCW 36.70A.210 and the local governmenrs comprehensive plan and development regulations adopted under RCW 36.70A. (RCW 39.102.070(5)) The RDA ordinance estimates the time during which local excise tax allocation revenues, local property tax allocation revenues, and'other revenues from local public sources are to be used for local infrastructure financing. (RCW 39.102.090(1)(d)) The RDA ordinance provides the date when the use of local excise tax allocation revenues and local property tax allocation revenues will begin. (RCW 39.102.090(1)(e)) YES The RDA ordinance finds all of the conditions in RCW 39.102.070 are met and all of the findings in RCW 39.102.080 are complete. (RCW 39.102.090(1)0) YES The goveming body of the sponsoring local government and the governing body of any cosponsoring Local govemment or a committee comprised of the majority of the governing body or bodies held a hearing before NdSsdye of the RDA ordinance to discuss establishment of the. RDA and the public improvements proposed to be financed wholly or partly with. LIFT. (RCW 39.102.090(2)) -YES The sponsoring local govemment and any cosponsoring Iocal government have delivered a certified copy of the adopted ordinance to the county treasurer, the governing body of each participating local government and participating taxing district within the RDA is located, as well as to CERB. (RCW 39.102.090(3)) Page 2 of 2 [ IV ] Community Economic Revitalization Board (CERB) Local Infrastructure Financing Tool Competitive Program PROCESS AND NOTICE WORKSHEET Use the unshaded blocks in this worksheet to note compliance with process and public notice requirements. This specific process step is • wired This specific notice must be :hien Date completed Requirement and Reference– Prior to adopting the RDA ordinance— N/A N/A Written agreements (authorized by appropriate goveming bodies) were obtained from all participating local government(s) and taxing districts to use dedicated amounts of local excise tax allocation revenues, local property tax allocation revenues, and other revenues from local public sources (wholly or partly) for local infrastructure authorized in the Act. (RCW 39.102.080(1)) YES 5/9/08 The impact of the RDA on small businesses and low-income housing was estimated. (RCW 39.102.080(2)) YES 5/9/08 A mitigation plan for impacted businesses and housing was developed. (RCW 39.102.080(2)) YES 5/9/08 An inventory of existing low-income housing units, businesses and retail activity in the RDA was developed. (RCW 39;102.080(2)(a)) YES 5/9/08 A reasonable estimate was produced of the number oflow-income housing units, small businesses and other commercial activity that may be vulnerable to displacement within the RDA. (RCW 39.102.080 (2)(b)) YES 5/9/08 A reasonable estimate was produced of the projected net job growth and net housing growth caused by creation of the revenue;. development area when compared to the existing jobs or housing balance for the area. (RCW 39.102.080 (2)(c)) YES 5/9/08 A reasonable estimate was produced of the impact of net housing growth in the RDA on the current housing price mix. (RCW 39.102.080 (2)(d)) YES YES 5/23/08 Notice of the public hearing -was published in a legal newspaper of general circulation within the proposed RDA at least 10 days before the public hearing and posted in at least 6 conspicuous public places located in the proposed RDA. (RCW 39.102.100(1)) . YES YES 5/9/08 Notice was sent by US mail to the property owners, all community- based organizations with involvement in the proposed RDA, and business enterprises located in the RDA at least 30 days prior to the hearing. (RCW 39.102.100(2)) Page 1 of 3 IV This specific process step is required This specific notice must be given Date completed Requirement and Reference-- - . YES YES 5/9/08 5%23/0$ Notices described the contemplated public improvements, estimated the public improvement costs to be borne by local infrastructure financing, described any other sources of revenue to fund the public improvements, described the boundaries of the RDA, estimated the impact that the public improvements will have on small businesses and low-income housing, and estimated the period during which local infrastructure financing is contemplated to be used. (RCW 39.102.100(3)) YES YES 5/9/08 5/23/08 Notices instructed the public where to obtain information that demonstrated that all the limitations, conditions, and findings required in RCW 39.102.060, RCW 39.102.070, and RCW 39.102.080 had • been met. (RCW 39.102.100(4)) YES YES 6/30/08 The sponsoring local government and any cosponsoring local govemment delivered a certified copy of the proposed ordinance to the county treasurer, the governing body of each participating local govemment and participating taxing district in which the RDA is located as well as to CERB. (RCW 39.102.100(5)) . — 1 1 The use of local infrastructure financing is subject to the following conditions— YES 6/10/08 No funds may be used to finance, design, acquire, construct, equip, operate, maintain, remodel, repair, or reequip public facilities funded with taxes collected under RCW 82.14.048. (RCW 39102.070(1)) YES 6/10/08 The governing body of the sponsoring local govern` rnent, and any cosponsoring local government, must. make a finding that the local infrastructure financing is not expected to be used for the purpose of relocating an existing Washington business from outside the RDA to inside the RDA. (RCW 39.102.070(6)(a)) YES _ - '— 6/10/08 The governing body of the sponsoring local government, and any cosponsoring local govemment, must make a finding that the local infrastructure financing will improve the viability of existing,b usiness entices within the RDA. (RCW39.102.070(6)(b)) YES 6/10/08 The governing body of the sponsoring local government, and any cosponsoring local govemment, must make a finding that the public improvements proposed to be financed in whole or in part using local infrastructure financing are reasonably likely to increase,private residential and commercial investment within the revenue development area. (RCW 39.102.070(7)(a)) YES 6/10/08 The governing body of the sponsoring local government, and any cosponsoring local govemment, must make a finding that the public improvements proposed to be financed in whole or in part using local infrastructure -financing are -reasonably likely -to increase employment within the revenue development area. (RCW 39.102.070(7)(b)) YES 6/10/08 The goveming body of the sponsoring local govemment, and any cosponsoring local govemment must make a finding that the public improvements proposed to be financed in whole or in part using local infrastructure financing are reasonably likely to improve the viability of any existing communities that are based on mixed-use development within the RDA. (RCW 39.102.070(7)(c)) Page 2 of 3 [IV] This This specific specific process notice step is must be r=•uired •iven Date completed Requirement and Reference -- YES 6/10/08 The governing body of the sponsoring local government, and any cosponsoring local government must make a finding that the public improvements proposed to be financed in whole or in part using local infrastructure financing are reasonably likely to generate over the, period of time that the local option sales and use tax will be imposed under RCCW 82.14.475, state excise tax allocation revenues and state property tax allocation revenues derived from the RDA that are equal to or greater than the respective state contributions made. (RCW 39.102.070(7)(d)) YES 6/10/08 The local sponsoring local govemment will only use the local infrastructure financing in areas deemed in need of economic development or redevelopment within boundaries of the sponsoring local government. (RCW 39.102.070(8)) Page 3 of 3 BVI Yakima Revenue Development Area RELATED INFORMATION AND EXPLANATION OF METHODOLOGY used to generate the estimates In the ANNUAL TAX REVENUE ESTIMATE WORKSHEET ([Sec. V-A]) YAKIMA RDA ANNUAL TAX REVENUE ESTIMATE WORKSHEET (V-A) ATTACHED 1. Participating local government: City of Yakima = 100% 2. Percentage of total "Local Public Sources" identified in Column L (from [Sec. V-A]) that is expected to be private funding contributed to the local government to finance the public infrastructure project(s): Private Funds = TBD based on development agreement and mitigation of impacts from different phases of development. The City anticipates that some share of public improvements will be borne by private development, but these amounts will be determined by the final land use plan and percentage contributions based on the impact of each phase of development as part of the SEPA process. Federal Funds = 10% Additional information if applicable: The City of Yakima is in the process of securing various sources of federal assistance through both the congressional appropriations and competitive application (NOFA) process, including HUD Economic Development Initiative Special Projects; Federal Highway Administration transportation act reauthorization; and EPA Brownfield Redevelopment funds. In 2008, the city has submitted a $3,000,000 appropriations request that is currently in the committee mark-up process.. The will begin working through the FHWA congressional reauthorization process in 2009. As a federal Renewal Community, the city receives priority status for competitive application processes. 3. Explain the methodology used to produce estimates in the Annual Tax Revenue Estimate worksheet /Sec. V-A].. The City worked with JUB Engineers and Land Use Strategies to calculate the revenue estimates for the YRDA in accordance with 39.1°02 RCW. It must be noted that both the property tax and sales tax rates, and total taxable sales for the City of Yakima were reported incorrectly by the Department of Revenue. The city sales tax rate was calculated at the present rate of 8.2% (DOR showed 8.4%). City property tax was calculated at 11.75% (DOR showed 13%). [V] Sources Washington State Employment Security Department Washington State Department of Revenue U.S. Census Bureau Urban Land Institute E-mail from Miki Gearhart, DOR 2007 Retail Store Taxable Sales Estimates (HDL Companies, 2007) Taxable Sales, Employment and Wage Trend in Yakima County Retail Trade Sector, 2005 (Donald W. Messeck, Greg Pyle). State Revenue Share Calculation While the overall state share of sales tax is 6.5%, in calculating the state share for LIFT, the following deductions were made: Distress County Economic Development Sales Tax Credit: 0.009 Public Facilities District for Regional Center: 0.0033 Public Facilities District for Performance Arts: 0.0025 State property tax revenue was also calculated at 75% of increased value. Assumptions on Construction: The construction schedule assumes a 15 -year build out period with the highest level of construction occurring in 2014- 2017. The timing of construction was based on analysis of absorption rates for the Yakima Urban Area for both retail and other commercial uses. Light Manufacturing and Office -Flex may be accelerated depending on the success our business recruitment efforts for the employment center. The construction schedule assumes the construction of 1-82 interchange improvements in 2015. Construction estimates were based on industry trends and similar projects. Retail -Commercial land use was calculated at 5,331,744 square feet over 122 acres. Types of retail commercial included in this overall calculation were: Lifestyle Village; Big Box Commercial, Multi -tenant medium commercial, hospitality, dining. Office -Medical was calculated. at 871,200 square feet over 20 acres, and includes professional and technical services, medical offices, financial, etc., and assumes sales tax exempt activities. Light-IndustriaVR&D Flex was calculated at 1,306,800 square feet over 30 acres and includes research, manufacturing, assembly, etc., and assumes sales tax exempt activities. Attachment G, Tables; 1-7 provide a detailed breakdown of -all calculations for the LIFT project. Yakima Revenue Development Area Local Infrastructure Financing Tool Competitive Program ANNUAL TAX REVENUE ESTIMATE WORKSHEET A B c 1 0 j E J F t3 1 H 1 1 1 J K 1 M 84 ) 0 1 P 0 MOeaeremenl Yea, LIFT Tax In effect- 10d0e year? Local Excise Tax Allocation Revenue Local Property Tax Atlocanon Revenue Subtotal A900l 110x AIbC06on Revenue Additional Revenue Total Est. Local Matching funds Slat* Revenue 'Benefit^ (For measurement purposes only) Eel. Amount of . StateContrltwlbn See dehxden 01 'MeasurameM ye n RCW TE 102 620 1151 Memo one C0kn0in para VesNo Estimated Local Emiss Tex 0000.00 Revenue horn Bpo.'oolne L0ca1 Government Estimated low Atom Tem Anocati00 Revenue from any Cosponsoring Local GovemmunI Estimated Local Email -as Mocation Revenue horn any PanKpaWy 1000) Government Bowls, ol MON 'EACAO Tax Mambo° Reverme (Add cdumna C. 0, a EI Ealhnated Leta/ - Property Tp. .404100n Ronan. horneM aeome me Loca100ve.nmpd 800)010104 LOON PoOpeny Tax Allocation Revenue from any Coapoo.o ne local Govemmem Examined Loral Propene Tax AIb0N,on Revenue hen any PaterpeM T Dse¢41)�p 8)4010) N Local Poopeiy Tax MocN,on Revenue (Add columns 6, M 61 ) SuoWlm of 1041 Moony lea Aadcan000e0enue and Local Exam Tax 0oU00n Revenue (Add ooWmns F e JI Etanalad Revenge boon 00000001 LOUT P0002 Saurus (Additional 0000 0500 horn local, Revel. or olivine claim/ Total Local Funds Dedicated MUFT (Add columrn K 6 Ll Winona Stale Excise Tex Montan Rite.. (For maasunma 1 5)000005 o0 Y) Etiolated Stale Propury Tea M0tee00 RaoMue IF SL M.Only) Purpoaea nnlYl /mg Estimated Slate 'Banal' Mom RDA (Add columna K and ll This 4 UM amoum ole nue LIFT las hal) expene0 to be nd SIM Fina Burne al SIM flows each MN follows ey moasuremem year Him omen cannot mond Ole amount ,n Columna MO' P. et the statto3 mannwrn 0000*) 2010 No 5218,249 5216,249 5124,666 5124,686 5342.914 5500,000 ' $842,914 5850,723 521.535 5872.259 2011 P00 5328.230 5320230 5287.816 5287,815. 5598.045 $1,000.000 61,596,045 51,848,200 546,264 51,894,464 2012 Yes 5511,658 5511,658 . $500.376 5500,376 51.012,034 51,000.000 52,012.034 52864,260 $86.438 52550,698 51,000,000 2013 Yes 5574,135 5574,135 5721,180 5721,180 51.295.315 61,000.000 62.295,315 $3.570.499 $124,581 63.695,080 61.000.000 2014 Yes 3927,166 5927.168 5989,498 5989,498 51,916,664 $2,000,000 53,916,864 54,876.523 $170,932 $5,047,455 51.000.000 2015 Ves 51.509,154 " 51.509.164 51.666,439 61.666,439 $3,175.593 53,175.593 58,260,415 6287,870 58,548,285 51.000000 2016 Yes 51,531.203 - 61,531,203 52,232,375 52.232,375 53,763.578 53,763578 39,478.411 5385,633 69,864,045 51,000,000 2017 Yds 51,437,594 51.437.594 ' 82,618,624 52.818.624 64.056,218 54,056.218 $9,066,666 5452,356 69.519.023 61,000,000 2018 Yes 51,418,940 51,418,940 52.767.064 52.787.064 54,186,004 54,186,004 58.676.009 $477,998 59,154,008 51,000,000 2019 Yes 51;458,270 51,468.279 32.915,503 52,916.503 54,373,773 54.373.773 58.496,231 5503,641 58.999,872 51,000,000 2020 Yes 51,526,414 51.528,414 53,082,930 53,082,90 54.609,344 54.609,344 59.085.205 3532,563 59.617.768 51,000,000 2021 Ves 51,618,393 51,818`393 53.250,357 53.250.357 54,868,750 54.668.750 59,558,039 6561,465 510,110,525 61,000,000 2022 Yes 51,710,372 $1,710,3701 53,417,783 53,417.783 55.128.155 55.128.155 510,101,257 6590.407 510.691.665 31.000.000 2023 Yes 51,802,351 51,802,351 33.585,210 83,585.210 55,357,561 ' 55.387,561 510,644,476 5619,330 511,263,806 51,000,000_ 2024 Yes 51.894,331 511.894,331 53,752,636 53.752,636 55,646.967 55,646,967 511,187,694 5648,252 511,835,946 51,000.000 2025 Yes 31,839.583 • 51,839.563 53,752.836 53.752,638 55.692.220 .55,592.220 511,266,862 5648,252 511.915,114 51,000,000 2026 Yes 51,839,553 51,839.683 53,752,836 53.762.636 55.592,220 55,592.220 510,864,362 3648,252 511,512.614 31,000,000 2027 Yes 51,839,583 61,839,563 53,752,636 63,752.638 - 55,592.220 55592.220 510,864,362 5648.252 511,512,614 51,000,000 2028 Yes 51.839,583 51.839.583 63,762,636 53.752.636 55.592,220 55.592,220 510864,362 5648,252 511,512,614 51,000.000 2029 Yes 51,839.583 ' - 51,839.583 ' 53,752,836 53,752.836 55.692,220 55,592,220 510.884.382 5648.252 511.512,614 $l,000,060 2030 Yes 61,839,683 51,839,583 53,752,636 - 63,752.638 55.592,220 85,592,220 510,864,362 5848,252 511,512.614 51.000,000 2031 Yes 61,839,583 - 51,836.583 83.752.638 63,752,836 $5.592.220 55,592,220 310,884,362 5648,252 511,512,614 61,000,000 2032 Yes 51,839,583 51.839,583 53,752,636 ' 63.752.836 55.592,220 55,592.220 810,884,362 5648,252 511,612,614 51,000,000 2033 Yes 51,839,583 51,839,583 53.752.636 63,752,836 55,592,220 35,592,220 '510,884,352 5648.252 511,512,614 51,000,000 2034 Yes 51,839.583 51,839,683 63.752,636 63,752,636 55,592,220 x,592.220 510,884,362 5648,252 511,512,814 51.000.000 2035 Yes 51,839,583 51,839,583 53,762,636 53,752.83E 55,592.220 55592.220 510,861,362 3648,252 511,512,614 51,000.000 2036 Yes 31,839,583 51.839,883 53.752.636 _ 63.752,636 55.592,220 55,592,220 510,664,362 5648,252 511,512,814 51.000,000 2037 No 51,839,683 51.830.583 63,762,638 13,752,838 55,592.220 65,592,220 510,864,362 3648.252 511.512,614 2038 No 81,839.583 51,839,583 53,752,638 13.752,638 55.692.220a 55,592,220 510,884,362 5648.252 511.512,614 2039 No 51.839,583 51.839,683 53.752.636 3 762,638 ' 692.220 55,592,220 510,864,362 5648,252 511.512,614 _r ' 1 ar. ,r .. uT rt. , a l't t, 1,T.s A ,. S¢iMarrtif 1, r, -'SF.V. x T, _f �T.; ;-!.,,,-_.i j . `4Y' .Qr,Si',r, .?iii' ➢ IA _.TLjF Lfi .. rl. .. IT ,.. c ['. :. 41'%71,... .., , Attachment A ORDINANCE NO. 2008-28 An Ordinance creating the Yakima Revenue Development Area pursuant to Chapter 39.102 RCW (Local Infrastructure Financing Tool Program) WHEREAS, Chapter 39.102 RCW, (Chapter 181, Laws of 2006, as amended by Chapter 229, Laws of 2007, (collectively the "Act") provides that a sponsoring local government may create and adopt a Revenue Development Area (RDA) within which certain specified public improvements may be financed through the allocation of various property and excise taxes, as set forth in the Act; and WHEREAS, subject to approval by the Community Economic Revitalization Board ("CERB") of the Washington State Department of Community, Trade and Economic Development ("CTED"), the Act provides the City of Yakima ("City") with the opportunity to demonstrate the benefits of the Local Infrastructure Financing Tool ("LIFT"), a limited form of tax increment financing; and WHEREAS, in order to create an RDA, a sponsoring local government must adopt an ordinance consistent with the requirements RCW 39.102.090; and WHEREAS, the proposed RDA includes the former Yakima Sawmill and Plywood Plant and contiguous parcels that include Interstate 82, the Yakima Greenway, and other parcels deemed necessary to provide for transportation and public utilities necessary to redevelop the RDA; and WHEREAS, the proposed RDA consists of the following private and public owned parcels more specifically illustrated in the RDA site map in Attachment A: 19132022025 19132022024 19131733402 1913173340I 19131733403 19131841002 19131811002 19130741001 19130743002 19130731002 19130732407 19130723002 18131214006 18131241001 19131821003 19131812001 19131824420 19131824001 19131824402 19131831453 19131831461 19131831539 19131831510 19132022403 19131842400 19131842401 19131842404 19131843539 19131842003 19131844023 19131843002 19131843003 19131843006 19131844022 19131841001 19131842001 WHEREAS, the taxable real property within the RDA boundaries does not exceed one billion dollars at the time of RDA designation; and WHEREAS, the average assessed value per square foot of taxable land within the RDA boundaries, as of January 1, 2008, does not exceed $70 at the time of RDA designation; and Attachment A WHEREAS, the proposed RDA is less than 25 percent of the total assessed value of the taxable real property within the boundaries of the City of Yakima; and WHEREAS, redeveloping the former Yakima Sawmill and Plywood Plant site and surrounding area will provide numerous benefits for all of Yakima County and to the region. These benefits include: (1) promoting mixed-use redevelopment that will help generate new family -wage jobs: (2) providing an area for both housing and business development to occur in a manner that helps preserve the County's limited supply of agricultural and natural resource lands; (3) facilitating remediation of environmental contamination within the site to a standard suitable for mixed-use redevelopment; (4) creating a productive, environmentally -conscious community with opportunities for recreation, education, shopping, living, working and entertainment; and (5) facilitate the creation of valuable public recreational and educational resources, including improved access to the Yakima Greenway, the Yakima River and wetlands; and WHEREAS, the public improvements proposed for funding by LIFT, more specifically described in Attachment B, include roadway system and freeway interchange improvements, utilities (water, sewer, storm water), site preparation, engineering, planning and survey work; and are estimated to cost $50,489,459, with approximately $25,000,000 to be financed by LIFT; and WHEREAS, a Revenue Development Area would provide significant assistance in carrying out the cooperative redevelopment of this site; and WHEREAS, the Act requires the City to create a revenue development area, subject to provisions of the Act, to qualify for a state contribution up to a total amount of one million dollars per year, and WHEREAS, the City Council determines, that 2009 should be used as the base year from which to measure the incremental future taxes for purposes of the Act and WHEREAS, prior to passage of this ordinance, the City Council held a public hearing on June 10, 2008, notice of which was published in the Yakima Herald Republic, the legal newspaper of general circulation within the proposed RDA, at least ten days before the public hearing, and notice of which was posted in at least six conspicuous public places located in the proposed revenue development area; and WHEREAS, notice of the public hearing was sent by United States mail to the property owners, community-based organizations, and business enterprises listed on Attachment D, incorporated herein by reference, such notices being sent at least thirty days prior to the public hearing; and WHEREAS, a copy of the proposed form of this ordinance was delivered to the Washington State Community Economic Revitalization Board and to the Washington Department of Revenue; and WHEREAS, the City Council heard testimony at the public hearing and carefully considered the comments and opinions presented; and WHEREAS, the City Council finds that this Ordinance complies with the Act and that the creation and adoption of a Revenue Development Area as described herein and illustrated in Attachment A is in the best interest of the City of Yakima and its citizens; Attachment A NOW, THEREFORE, 1Hk, CITY OF YAKIMA DOES ORDAIN: Section 1. Incorporation of Recitals and Attachments. The recitals set forth above are incorporated herein by reference as if set forth in this section in full. All attachments to this ordinance are incorporated herein by reference. Section 2. Description of Public Improvements. The public improvements currently estimated to be made in the Yakima RDA are described in Attachment B ("Public Improvements"). This list does not imply City Council approval of any specific projects at this time. City Council will consider and finalize the list of approved public improvements as part of the development agreement between the City and the private developer(s) of the Yakima RDA. Section 3. Description of Boundaries. The City Council adopts the boundaries of the Yakima RDA as described herein and depicted in Attachment A. Section 4. Estimates of Costs. As further described in Attachment B, the current estimated cost of the Public Improvements is approximately $50 million in 2008 dollars, and the current estimated portion of this cost to be financed by local infrastructure financing, including LIFT State funding and local government LIFT contributions consistent with the Act, is $25 million to be received over 25 years. Section 5. Time of Tax and Revenue Collection. The estimated time during which local excise tax allocation revenues, local property tax allocation revenues, and other revenues from Iocal public sources are to be used as part of the local infrastructure financing for the Yakima RDA is 25 years (2011 — 2036). Section 6. Date for Commencement of use of Revenues. The City's use of local excise tax allocation revenues and local property tax allocation revenues with respect to the Yakima RDA is anticipated to commence on January 1, 2011. Section 7. Findings Required by RCW 39.102.070 of the Act. The City Council finds and determines that the conditions of RCW 39.102.070 are met with respect to the Yakima RDA. Specifically, the City Council finds and determines that: a) No funds will be used to finance, design, acquire, construct, equip, operate, maintain, remodel, repair, or reequip public facilities funded with taxes collected under RCW 82.14.048; b) The Public Improvements are projects that are or will be identified within the capital facilities, utilities, housing, or transportation elements of the City's comprehensive plan under Chapter 36.70A RCW or are historic preservation projects under RCW 39.89.020; c) The Public improvements are expected to encourage private development within the RDA and to increase the fair market value of real property within Yakima RDA; d) The City will enter into a contract with a private developer(s) relating to the Yakima RDA; Attachment A e) Private development is anticipated to occur within the Yakima RDA, as a result of the public improvements, which will be consistent with the countywide planning policy adopted by Yakima County under RCW 36.70A.210 and the City's comprehensive plan and development regulations adopted under Chapter 36.70A RCW; f) The local infrastructure financing with respect to the Yakima RDA is not expected to be used for the sole purpose of relocating a business from outside the RDA but within Washington State, into the RDA, and the Yakima RDA will improve the viability of business development within the Yakima RDA; The Public Improvements are reasonably likely to (1) increase private residential and commercial investment within the Yakima RDA; (2) increase employment within the Yakima RDA; and (3) generate, over the period of time that local option sales and use taxes will be imposed under RCW 82.14.475, state excise tax allocation revenues and state property tax allocation revenues (as defined in the Act) derived from the Yakima RDA that are equal to or greater than the respective state contributions made under the Act; and h) The local infrastructure financing will be used only in the Yakima RDA, which is an area deemed by the City to be in need of economic development or redevelopment and is within the City's boundaries. i) The public improvements proposed to be financed with LIFT and local funds are reasonably likely to improve the viability of any existing communities that are based on mixed-use development within the RDA. LIFT and local financing of the proposed infrastructure improvements will improve the viability of existing business entities within the RDA. Section 8. Findings Required by RCW 39.102.080 of the Act. Pursuant to RCW 39.102.080, the estimated impact of the Yakima RDA on small business and low income housing, and the mitigation plan relating thereto, is attached as Attachment D is hereby adopted. Section 9. General Authorization. The City Manager and other appropriate City officers designated by the City Manager are each hereby authorized and directed to do such things as may be necessary and appropriate in order to carry out the terms and provisions of, and complete the transactions contemplated by this ordinance, including without limitation all actions necessary to apply for prompt approval by the CERB, of the Yakima RDA and the use of Local Infrastructure Financing under Chapter 39.102 RCW. Section 10. Section Headings or Captions. The section headings or captions of this ordinance are for convenience of reference only, and shall not be used to resolve any question of interpretation of this ordinance. Section 11. Severability. If any one or more of the covenants or agreements provided in this ordinance to be performed on the part of the City shall be declared by any court of competent jurisdiction to be contrary to law, then such covenant or covenants, agreement or agreements, shall be null and void and shall be deemed separable from the remaining covenants g) j) Attachment A and agreements in this ordinance and shall in no way affect the validity of the other provisions of this ordinance. Section 12. Ratification of Prior Acts. All acts taken pursuant to the authority of this ordinance but prior to its effective date are ratified and confirmed. Section 13. Authority to Correct Scrivener's Errors. The City Clerk and the codifiers of this Ordinance are authorized to make necessary corrections to this Ordinance including, but not limited to, the correction of scrivener's clerical errors, references, ordinance numbering, section/subsection numbers and any references thereto. Section 14. This Ordinance shall be in full force and effect 30 days after its passage, approval, and publication as provided by law and by the City Charter. Dated this 10th Day of June, 2008 ATTEST: DE ORAH TSOLIRLE---,CITY CLERK Publication Date- 6/13/08 Effective Date: 7/13/08 Certified to be a true and correct co original filed in my office. CITY CL YAKIMA RDA ORDINANCE ATTACHMENT C LIST OF PARTIES RECEVING NOTIFICATION OF PUBLIC HEARING Jeld Wen, Inc Real Estate Division 3250 Lakeport Blvd. Klamath Falls, OR 97601 Yakima County Public Works Department 128 North Second Street Yakima, WA 98901 Gene Lizotte 215 North Tenth Street Yakima, WA 98901 GERD Yakima Soccer Arena Corp. 1005 East Lincoln Avenue Yakima, WA 98901 Wiley Mt., Inc. Leelynn, Inc. P.O. Box 518 Creswell, OR 97426 Boise Cascade Corp. Real Estate Division P.O. Box 50 Boise, ID 83728 BNSF Railway Seattle Land Sales Office 200 West Mercer Street Suite 502 Seattle, WA 98119 Chinook Business Park, LLC 1901 North Fourth Street Yakima, WA 98901 Yakima Greenway Foundation 111 South 18th Street Yakima, WA 98901 Pacific Power Real Estate Division 825 NE Multnomah Portland, OR 97232 Don Whitehouse Regional Administrator WSDOT — South Central Washington P.O. Box 12560 Yakima, WA 98909 Shawn Montee Timber Company P.O. Box 1329 Post Falls, ID 83877 Prime Hay P.O. Box 1767 Yakima, WA 98907 Lynne Kittelson NE Yakima Neighborhood Assoc 305 North Ninth Street Yakima, WA 98901 Greater Yakima Chamber of Commerce P.O. Box 1490 Yakima, WA 98907 New Vision P.O. Box 1387 Yakima, WA 98907 1 inch equals 1,100 feet Proposed Yakima RDA Sawmill Property City of Yakima Revenue Development Area Ordinance - June 10, 2008 Attachment A Pro . osed Yakima RDA 4A P4r41 '44A 40 04.4 VA li3O,00Dy` �'� si 1-.(1 r.; t, .1 YAKIMA REVENUE DEVELOPMENT AREA ORDINANCE ATTACHMENT B ESTIMATED COST OF PUBLIC IMPROVEMENTS RDA Public Road System Includes Fair Avenue Roundabout connector, Utilities (water, sewer, stormwater), Site preparation, streets, trails, sidewalks $30, 847,125 Interstate 82 Interchange Improvements $19,642,334 Includes land acquisition, site preparation, Rail crossings, signalization. Total Estimated Cost Of Public Improvements $50,489,459 Yakima RDA Ordinance ATTACHMENT D Low -Income Housing and Small Business Impact Analysis and Mitigation Plan The LIFT program requires the City of Yakima to estimate the impact the proposed RDA may have on low-income housing and small businesses located within the boundaries of the RDA, and develop a mitigation plan to address any impacts. The following information is offered in fulfillment of this requirement. Low Income Housing Within the RDA The city's housing inventory indicates that there is one housing unit within the proposed RDA. The unit is owner occupied, and the owner has received notice of their location within the proposed RDA. The city does not believe that this will constitute a displacement of a low-income housing unit. The city recognizes the importance of an adequate supply of low-income housing throughout the city and, where possible, the city's partnerships with non profit agencies will continue to add to the supply of low income housing units with the City of Yakima, Accordingly, the city has not developed a mitigation plan for housing within the RDA. Impact on Housing Price Mix While redevelopment will not directly impact existing housing stock within the RDA, as there is only one unit, the redevelopment of property within the RDA is likely to improve property values in the vicinity of the RDA. Strategically located between the downtown and the RDA, the older homes of the northeast Yakima neighborhood could become more attractive to families as a central location to work, recreation and shopping. While there is also the potential for redevelopment of areas around the RDA to other uses, the RDA itself has a 10 year property absorption rate due to its size. Therefore, it is not possible to determine the amount of such conversion that could be attributable to redevelopment within the RDA until such time as the entire RDA is redeveloped. In addition, this type of redevelopment in the vicinity of the RDA is likely to occur incrementally as land values generally increase in Yakima, with or without the RDA or sawmill redevelopment. Small businesses within the Yakima RDA It is reasonable to assume that many small businesses will be posit;7ely impacted by the creation of the RDA and the subsequent development within the area. Although the overall impact is expected to be positive, the three small businesses located within the RDA may be at risk of eventual displacement. The three small businesses within the RDA are: Yakima Soccer Arena Corporation, Prime Hay, and Shawn Montee Timber Company. The businesses employ fewer than five people. Due to the transitional nature of the RDA, all three businesses have been operating under short term leases (month to month) for property and/or buildings. Prime Hay and Montee Timber are operating on property formerly occupied by sawmill operations, with the understanding that redevelopment of the site would lead to termination of their agreement. The Yakima Soccer Arena is in its first year of business, leasing the building that was formerly used by the now defunct Trail Wagons RV company, owned by Chinook Business Park. Chinook Business Park has been involved in the development of the RDA, and the project fits with the development strategy of adjacent properties also under the same ownership, but not within the RDA. The owner has indicated interest in moving the soccer building and selling other property in order to assist the project in moving forward. Mitigation Plan for Small Business Within Yakima RDA In an effort to minimize to those small businesses that may be negatively affected by the RDA, the City of Yakima is committed to providing services to small businesses , as outlined in the following mitigation plan: • Economic development officials will meet with any interested business owners to evaluate possible means of support. • When requested and where possible, interested businesses owners will be referred to those who have access to an inventory of other available commercial property within the city. • The city will continue with its support of the Greater Yakima Chamber of Commerce, Small Business Development Center, arid Yakima County Development Association and possible other agencies that support small businesses. • The city will determine the needs of the businesses potentially impacted and assist as appropriate with support for additional marketing resources, broadcast communications to chamber members to alert them to changes in status of the business impacted, etc. • The city will assure ongoing physical access to existing businesses during the redevelopment activities. • The city will provide public notices and other information regarding redevelopment activities. • The city will work with property owners to create a land use plan for the RDA that allows for a complementary mix of land uses that will further enhance the value of ht e area properties. YAXIAIA c1iy COUNGL NOTICE OF PUBi1C HEARING Proposed Yarns Reredos Development Area Fonsation 40710E IS HERBY GIVEN mel the YAKIMA CITY MUNCIL w10 holds pubic hearing one prpp0esl to belgnate Use MOW) es hecto pnmelli p Development Samna) Revenue Improve - minis within the proposed RDA and soon a matching dale corOlbtaan far these impmremeMt.... . . fhe Public Haring wet be held as tdbwet UM: Tuesday, Joule 10.2000 came: 7:00 pm flaw: CIty Council Chambers, 120 N. And Sheet. /abate, Washington RM purpose of IM reeling is b take outdo testknony n On Wowing Washington Stab has enacted now &gigaton creating the Local Bdrasmulum Financing roof rLIFf •) program. The UFT Legslatton'aahOrizss t beet goverment to pais an wdns ldsdattgruning a )menus Davetopmenh Ares ('ROA" Mi11tnettlell CN• em pubes MrastnWlure srpuovanonta may be 9• lanced stole h khe elbadon of various pkpeny end tkslse taxes By designating sit RDA as po3Id Ya• time an appy fora slate Of rp to H,000,000 per yea for 25 seats to low Wed for repay nem 011»nds issued b linens ebb!' mbar knpiove• nada wahin the RDA. The RDA boUndadee map Is wettable In de o01a dCarnmuniry and Mdtoatio De• relopmed at Cly Nae. 129 N. 2nd $(ns; o1BY me. VOTE This Poopoeal IEBUtQi kennels( rales toe 1mpeny owners. Yakima Ovate 10 COOperab %WI the this se te�avorrtto �n palocal governmentswl* rets of o pertMds writhe economic OmM&pr,erd ion Yakk10 ROIL. This titan b-ik0ndedtpit indinde benefits for me de and ad of Y Cauny. There benefits will In. Sudo: • Promoting a mixed-use redevelopment that WO miner - de new Jobe • Providing an see for bout housing and business de. mrbprnanl to occur in a manner clan helps preserve the .lountys bailed supply d agricultural and resource endo. Remedleoon d pctm8a0y Coreananoed Properly the contemplated slabs public improvements withal to Yakima RDA Include roads. bridges, Iris, pees. 7rblic transit ba4aba, railroad mowing aapamadt. and .eflh0es, NI d which are beaded both la support eco - 101111C development and b Improve the WOW of Ale for :icy and Casey roadside The total Cosi of the 01- 3,011010011010 estimated at 800rudmaaly $50 Other (suture's ava*aM. to Ancone& ie eagmb (,fable mprovm0nb wain the Yakima ROA Include land -sane saved!als. This estimated peed dand passible sada u i Wand grant er loan Mg wMdt UFT b can. Iomplr=d to be used fa 25 years, oomrnana1lg on J14y 1. 2010 and cendudklg in 2035- Ao Mulled by mm L/FT MpioNuon, the Gy d Yakima has. evaketsd the Prospects. Moped me RDA end 01e polgri'Improve metas may have on small businesses ,and Iowdncomo noising Wein We sy m Y s limitaryirdcates is amenity one noutlngwithin the bunco no proposed mine housing res RDA The recognizes an �a to� M� supply thnsughoul the where possible the City's partnegehips nth nit -profs agencies wl0_WBkea b addb the supply_ . come homing udb wbmM 1110 Cdy of Yakima Aoonud• cagy, the City hal *mewed ded a melgadtil.p10n for housing within the RDA It is national* to anima gal may soma btsiesses will be pramalyimpadlad by tis creation d to RDA and the develop - mere with the area. Although IM subsequent mall businesses located wwithiin the ROA be some mw(dkplace ment. There are ghee small businesses Ibated;Wdtat'the proposed RDA that may Mb be al alk for ribp4uw M,t, eftOrt -M cry myna to thaw mea busi- mute mat may be nIgaSa y atfaaal WON RDA, on City, oh Yakima I committed to providing arPpoteve sambas to sal= 1lskeaaes, as outlined in a. small business maigaoon plan. The following information ls isaidsd kw your mince and refinance at ImplemwelyaMmewa.us. These matedab show how the RDA Ma meat 9e imaa0au, canities, and anil- e raomimd by RCW 3.102.0001 mmugh •RCW 112.080. 1. Yaldma RDA mag. s 0078G op(el 39 t00 — _gym I,r,.yn.xurw eventing tool program 3. DWI Yakima RDA OrdnanceSUBSCRIBED 4. Estimated Public her linnet t Protec 5. Loyeinceine Hwang Maly* and Mlllg0*on Pun Smell Busmen; impact The mac 10 brined to amend the pubic hearing to ase ly on the imposts. Wmhen comments may also be sue, meted at the 'pubic haulm' l O. pddr le Se data of Incl IleenflQ. Comments may be submitted rira.Sy tome Ya- kima�grpCounal, 129 ti:2nd Street: YekLm. WaMuq- bm, 1. or via a-wat; orasumataxiiiiaMma.da Aa comments reteMd up to ma data at 010 means writ be provided tote Cdy Coma t you live Questions regamAg the peoposal, please corn) Michael Morales at 509-57581t3. We saws m povkie Wesal acalm- mwdadas for individuals with deabiam. Please con - Wei cur office es,amn as cosine 11 ipedst eaCQmmC- darbn9 Bre made. 'CIVIL RIGHTS ACT OF 1981, 11TLE VI STATEMENT TO THE PUBLIC The City of Yakima hereby mvea pub - An noise That it is policy o) the CAy 10 =sow 1501 0114110 - erne with Tam VI d the CM Rlgma Ad of *BSc the Gva Rights Restorakom Act of 1987. and related sah- ebs end regulations O all its programs and adivikes Ou00iars or complaint regarding compliance oath this act may be duected to the City Legal Department al 509-575-6030 Dated lams 21st day of May, 2008. Deborah Mame City Clark (09546893) May 23. 2008 STATE OF WASHINGTON,) ) COUNTY OF YAKIMA AFFIDAVIT OF PUBLICATION Attachment B DEBBIE MARTIN, being first duly sworn on oath deposes and says that she/he is the Accountant of Yakima Herald -Republic. Inc., a daily newspaper. Said newspaper is a legal newspaper approved by the Superior Court of the State of Washington for Yakima County under an order made and entered on the 13th day of February, 1968, and it is now and has been for more than six months prior to the date of publication hereinafter referred to, published in the English language continually as a daily newpaper in Yakima, Yakima County, Washington'. Said newspaper is now and has been during all of said time printed in an office maintained at the aforesaid place of publication of said newspaper. That the annexed is a true copy of a: YAKIMA SAWMILL LIFT, - it was published in regular issues (and not in supplement form) of said newspaper once each DAY and for a period of 1 DAY(S) to -wit; on and the during for the the 23rd day of MAY, 2008 such newspaper was regularly distributed to its subscribers all of said period. That the full amount of the fee charged foregoing publication is the sum of $303.15 f) i `--7�/ � 1 AND SWORN Accountant to be re me tpis 3rd day pc May, NOTARY PUBLIC n old for the State of Washington, residing at Yakima. 2008 Yq�l'll ��gyla .. Certified w bee true and correct c dirk C, original filed i0 my office. d1y'w,,rr CITY CLERI:•` CTO By G•'/,lli' / %L � �/ 1— Deputy 1:11 r Lit }ANNA CERTIFICATION OF ORDINANCES ENACTMENT *finances Nos 2008-28 through 2008-32 were passed y the City Court of the City of Yafdma, Washington n the 10TH day of .pure 2008. The summaries of e rnces are printed certificate. Acopy of he full tend of any ordnance is available for Inspection r will be marled upon request by ping 57537. IRDINANCE NO. 2008-28, AN ORDINANCE creating he Yakima Revenue Development Area pure Ont to Sumtecol r 39.10 n RCW (Local infrastructure g hRDINANCE NO. 2008-29, AN ORDINANCE. ralatlng ) to regitiaton of Traffic and Rules of the Rand within Wilma City Limas to change the speed limit of tickers freets. add streets that have been annexed Into the Ay of Yakima and update the name of 'g', Street to tenth Linter .50.370SpeedKi Jr. B adevan t .ee010n Blame Municipal Code. Chapter 9.50 of to City of +RDINANCE NO. 2008.30, AN ORDINANCE relating r Pubic ' and Morals; re eaig Chapter.8.11 en- s.Street e'A� ss", which certainn m been prompted by a recently and Washington State law relating to end Street which goes into June 12, 308: and effect lunicIpalCode. Chapter 811 d the of Yakima ORDINANCE NO. 2008-31, AN ORDINANCE relating 'My public Safety and � w (}!8 27121 el ecdrro Jus 12,2006.rq xis for the tamsttttnkml street gang', �piniaf rest gang associate or member. "criminal street sng-related offense', and Isa8am of main er'street 2712HS 306, which ' i be as RCW (nwebetel- g with criminal street gang tagging and g n-•, end Jin- xing motor ehimmeao- d�creating a new Chapter 8.11 01 the City of 9 D*NANCE NO. 200842, AN ORDINANCE aut hodz- the City to enter the rdnce with Noel Conrrru� t Moenspedliedst naafor a purpose of leasing to Nod access to and-epace In e candid within the conduit system owned by the City Valdivia that is located under to obsce0ss along Ta- ma pvAvenue from Ninth Street to Seventh Avenue in e ofYakima, Washington, for the of oars kInng. o fiber nic cable, in for oonsideraiwn as described the Ordnance; and setting brth provisions. teens ,d conditions accompanying the access to and space the conduit and setting an effective date. ated this 11th day of June 2008. 9547134)June 13, 2008 so1ulrlrf,, R GqN'/,„ _Q. ' o= = CD: m. et0Wes ▪ J ▪ . MY Com 20 /' PUB \--\ .aV E 11,11•'-' ���11OF AFFIDAVIT OF PUBLICATION STATE OF WASHINGTON,) COUNTY OF YAKIMA DEBBIE MARTIN, being first duly sworn on oath deposes and says that she/he is the Accountant of Yakima Herald -Republic, Inc.,, a daily newspaper. Said newspaper is a legal newspaper approved by the Superior Court of the State of Washington for Yakima County under an order made and entered on the 13th day of February, 1968, and it is now and has been for more than six months prior to the date of publication hereinafter referred to, published in the English language continually. as a daily newpaper in Yakima, Yakima County, Washington. Said newspaper is now and has been during all of said time printed in an office maintained at the aforesaid place of publication of said newspaper. That the annexed is a true copy of a: CITY OF YAKIMA CERTIFICATION 0, it was published in regular issues (and not in supplement form) of said newspaper once each DAY and for a period of 1 DAY(S) to -wit; on the 13th .day of JUNE, 2008 Certified to be a true and correct co original filed in my office. CITY CLERK Deputy and the such newspaper was regularly distributed to its subscribers during all of said period. That the full amount of the fee charged for the foregoing publication is the sum of $241.75 /la ttici Accountant SUBSCRIBED AND SWORN to bl re meis 3th dayf June, 2008 16)141441.A-- sr) NOTARY PUBLIC in:4(-&-d for the State of Washington, residing at Yakima. ATTACHMENT C CITY OF YAKIMA, WASHINGTON PROPOSED YAKIMA REVENUE DEVELOPMENT AREA FORMATION NOTICE OF PUBLIC HEARING NOTICE IS HERBY GIVEN that the YAKIMA CITY COUNCIL will hold a public hearing on a proposal to designate the Yakima Sawmill Revenue Development Area ("RDA") to fund or partially fund public improvements within the proposed RDA and secure a matching state contribution for these improvements. The Public Hearing will be held as follows: Date: Tuesday, June 10, 2008 Time: 7:00 pm Place: City Council Chambers, 129 N. 2`' Street, Yakima, Washington, 98901 The purpose of the meeting is to take public testimony on the following: Washington State has enacted new legislation creating the Local Infrastructure Financing Tool ("LIFT") program. The LIFT Legislation authorizes a local government to pass an ordinance designating a Revenue Development Area ("RDA") within which certain public infrastructure improvements may be financed through the allocation of various property and excise taxes. By designating an RDA as proposed, Yakima can apply for a state contribution of up to $1,000,000 per year for 25 years to be used for repayment of bonds issued to finance eligible public improvements within the RDA. The RDA boundaries are described in the map below. NOTE: This proposal will not increase tax rates for property owners. Yakima intends to cooperate with the state agencies or possibly local governments in this endeavor to obtain the benefits of LIFT and to promote positive economic development in Yakima RDA. This effort is intended to provide numerous benefits for the city and all of Yakima County. These benefits will include: ■ Promoting a mixed-use redevelopment that will generate new jobs. ■ Providing an area for both housing and business development to occur in a manner that helps preserve the County's limited supply of agricultural and resource lands. • Remediation of potentially contaminated property. The contemplated eligible public improvements within the Yakima RDA include roads, bridges, trails, parks, public transit facilities, railroad crossing separation, and utilities, all of which are needed both to support economic development and to improve the quality of life for City and County residents. The total cost of the improvements is estimated at approximately $50 million. Other resources available to finance the eligible public improvements within the Yakima RDA include land -sale proceeds, and possible state and federal grant or loan funds. The estimated period during which LIFT is contemplated to be used is 25 years, commencing on July 1, 2010 and concluding in 2035. Attachment C As required by the LIFT legislation, the City of Yakima has evaluated the prospective impact the RDA and the public improvements may have on small businesses and low-income housing within the proposed RDA. The City of' Yakima's housing inventory indicates that there is currently one housing unit within the proposed RDA, hence no low-income housing will be displaced as a result of the RDA. The City recognizes the importance of an adequate supply of low-income housing throughout the City and, where possible, the City's partnerships with non-profit agencies will continue to add to the supply of low-income housing units within the City of Yakima. Accordingly, the City has not developed a mitigation plan for housing within the RDA. It is reasonable to assume that many small businesses will be positively impacted by the creation of the RDA and the subsequent development with the area. Although the overall impact is expected to be positive, some small businesses located within the RDA may be at risk of eventual displacement. There are three small businesses located within the proposed RDA that may be at risk for displacement. In an effort to minimize any impacts to those small businesses that may be negatively affected by the RDA, the City of Yakima is committed to providing supportive services to small businesses, as outlined in a small business mitigation plan. The following information is provided for your review and reference at http;/lwww.ci.yakima.wa.us. These materials show how the RDA will meet the limitations, conditions, and findings required by RCW 39.102.060 through RCW 39.102.080. 1. Yakima RDA map. 2. RCW Chapter 39.102 —Local infrastructure financing tool program 3. Draft Yakima RDA Ordinance 4. Estimated Public Improvement Projects 5. Low-income Housing and Small Business Impact Analysis and Mitigation Plan The public is invited to attend the public hearing to testify on the proposal. Written comments may also be submitted at the public hearing, or, prior to the date of the hearing, comments may be submitted directly to the Yakima City Council, 129 N. 2'd Street, Yakima, Washington, 98901, or via e-mail: ccouncil@ci.yakima.wa.us. All comments received up to the date of the hearing will be provided to the City Council. If you have questions regarding the proposal, please contact Michael Morales at 509-575-6113. We strive to provide special accommodations for individuals with disabilities. Please contact our office as soon as possible if special accommodations are needed. "CIVIL RIGHTS ACT OF 1964, TITLE VI STATEMENT TO THE PUBLIC: The City of Yakima hereby gives public notice that it is policy of the City to assure full compliance with Title VI of the Civil Rights Act of 1964, the Civil Rights Restoration Act of 1987, and related statutes and regulations in all its programs and activities. Questions or complaints regarding compliance with this act may be directed to the City Legal Department at 509-575-6030. Attachment C AFFIDAVIT OF MAILING Yakima Sawmill Revenue Development Area Notices of Public Hearing on Riverfront RDA Formation I, Tammy Regimbal, hereby attest that on Friday, May 9, 2008, I mailed, by first-class postage through the U.S. Postal Service, copies of the attached notice to all the parties listed on the attached mailing list. JRA t Gtr- b.<1 Tammy Regimbal Date Office Administrator City of Yakima Department of Community & Economic Development ATTACHMENT C YAKIMA REVENUE DEVELOPMENT AREA LIST OF PARTIES RECEVING NOTIFICATION OF PUBLIC HEARING Jeld Wen, Inc Real Estate Division 3250 Lakeport Blvd. Klamath Falls, OR 97601 Yakima County Public Works Department 128 North Second Street Yakima, WA 98901 Gene Lizotte 215 North Tenth Street Yakima, WA 98901 GERD Yakima Soccer Arena Corp. 1005 East Lincoln Avenue Yakima, WA 98901 Wiley Mt., Inc. Leelynn, Inc. P.O. Box 518 Creswell, OR 97426 Boise Cascade Corp. Real Estate Division P.O. Box 50 Boise, ID 83728 BNSF Railway Seattle Land Sales Office 200 West Mercer Street Suite 502 Seattle, WA 98119 Chinook Business Park, LLC 1901 North Fourth Street Yakima, WA 98901 Yakima Greenway Foundation 111 South 18t Street Yakima, WA 98901 Pacific Power Real Estate Division 825 NE Multnomah Portland, OR 97232 Don Whitehouse Regional Administrator WSDOT — South Central Washington P.O. Box 12560 Yakima, WA 98909 Shawn Montee Timber Company P.O. Box 1329 Post Falls, ID 83877 Prime Hay P.O. Box 1767 Yakima, WA 98907 Lynne Kittelson NE Yakima Neighborhood Assoc 305 North Ninth Street Yakima, WA 98901 Greater Yakima Chamber of Commerce P.O. Box 1490 Yakima, WA 98907 New Vision P.O. Box 1387 Yakima, WA 98907 ATTACHMENT D NO OTHER PARTICIPATING TAXING DISTRICTS NO DOCUMENT ATTACHED ATTACHMENT E & F Yakima RDA LIFT Application Low -Income Housing and Small Business Impact Analysis and Mitigation Plan The LIFT program requires the City of Yakima to estimate the impact the proposed RDA may have on low-income housing and small businesses located within the boundaries of the RDA, and develop a mitigation plan to address any impacts. The following information is offered in fulfillment of this requirement. Low Income Housing Within the RDA The city's housing inventory indicates that there is one housing unit within the proposed RDA. The unit is owner occupied, and the owner has received notice_of their location within the proposed RDA. The city does not believe that this will constitute a displacement of a low- income housing unit. The city recognizes the importance of an adequate supply of low-income housing throughout the city and, where possible, the city's partnerships with non profit agencies will continue to add to the supply of low income housing units with the City of Yakima, Accordingly, the city has not developed a mitigation plan for housing within the RDA. (Note: Since the time of RDA passage, this residential unit has been sold to another private party, and will converted to commercial use.) Impact on Housing Price Mix While redevelopment will not directly impact existing housing stock within the RDA, as there is only one unit, the redevelopment of property within the RDA is likely to improve property values in the vicinity of the RDA. Strategically located between the downtown and the RDA, the older homes of the northeast Yakima neighborhood could become more attractive to families as a central location to work, recreation and shopping. While there is also the potential for redevelopment of areas around the RDA to other uses, the RDA itself has a 10 year property absorption rate due to its size. Therefore, it is not possible to determine the amount of such conversion that could be attributable to redevelopment within the RDA until such time as the entire RDA is redeveloped. In addition, this type of redevelopment in the vicinity of the RDA is likely to occur incrementally as land values generally increase in Yakima, with or without the RDA or sawmill redevelopment. Small businesses within the Yakima RDA It is reasonable to assume that many small businesses will be positively impacted by the creation of the RDA and the subsequent development within the area. Although the overall impact is expected to be positive, the three small businesses located within the RDA may be at risk of eventual displacement. The three small businesses within the RDA are: Yakima Soccer Arena Corporation, Prime Hay, and Shawn Montee Timber Company. The businesses employ fewer than five people. ATTACHMENT E & F Due to the transitional nature of the RDA, all three businesses have been operating under short term leases (month to month) for property and/or buildings. Prime Hay and Montee Timber are operating on property formerly occupied by sawmill operations, with the understanding that redevelopment of the site would lead to termination of their agreement. The Yakima Soccer Arena is in its first year of business, leasing the building that was formerly used by the now defunct Trail Wagons RV company, owned by Chinook Business Park. Chinook Business Park has been involved in the development of the RDA, and the project fits with the development strategy of adjacent properties also under the same ownership, but not within the RDA. The owner has indicated interest in moving the soccer building and selling other property in order to assist the project in moving forward. Mitigation Plan for Small Business Within Yakima RDA In an effort to minimize to those small businesses that may be negatively affected by the RDA, the City of Yakima is committed to providing services to small businesses , as outlined in the following mitigation plan: • Economic development officials will meet with any interested business owners to evaluate possible means of support. • When requested and where possible, interested businesses owners will be referred to those who have access to an inventory of other available commercial property within the city. • The city will continue with its support of the Greater Yakima Chamber of Commerce, Small Business Development Center, and Yakima County Development Association and possible other agencies that support small businesses. • The city will determine the needs of the businesses potentially impacted and assist as appropriate with support for additional marketing resources, broadcast communications to chamber members to alert them to changes in status of the business impacted, etc. • The city will assure ongoing physical access to existing businesses during the redevelopment activities. • The city will provide public notices and other information regarding redevelopment activities. • The city will work with property owners to create a land use plan for the RDA that allows for a complementary mix of land uses that will further enhance the value of ht e area properties. Yakima RDA LIFT Infrastructure Improvements Engineers Opinion of Probable Cost 3560 LF of Principal Arterial (East-West "H"Street) Administration Site Preparation, Earthwork Street, Trail, and Sidewalk Sanitary Sewer Storm Water System Water System Roadside Landscaping/Dry Utility Trenches/Erosion Control Contingency Engineering, Planning, Surveying Attachment G $563,854 $395,364 $3,541,470 $102,338 $830,401 $182,109 $586,856 $930,359 $1,783,187 Sub Total $8,915,936 5050 LF of Collector Arterial (North-South Road Through Mill Administration Site Preparation, Earthwork* Street, Trail, and Sidewalk Sanitary Sewer Storm Water System Water System Roadside Landscaping/Dry Utility Trenches/Erosion Control Contingency* Engineering, Planning, Surveying District) $535,316 $1,765,310 $1,754,548 $550,259 $493,640 $220,421 $568,987 $1,177,696 $1,766,544 Sub Total $8,832,721 4810 LF of Collector Arterial (North-South Road on West District) Administration Site Preparation, Earthwork Street, Trail, and Sidewalk Sanitary. Sewer Storm Water System Water System Roadside Landscaping/Dry Utility Trenches/Erosion Control Contingency Engineering, Planning, Surveying Sub Total Side of Mill $466,040 $666,700 $1,629,908 $329,731 $874,886 $401,689 $757,488 $768,966 $1,473,852 $7,369,259 Page 1 of 2 Pages 6/29/2008 Attachment G Continued Yakima RDA LIFTnfrastructure Improvements Engineers Opinion of Probable Cost "H" Street and 1-82 Interchange Administration $1,053,410 Site Preparation, Earthwork $699,080 On-ramp/Off-Ramp/Demo Existing Off -Ramp / Green Way Parking Lot $7,120,003 Sanitary Sewer $76,590 Storm Water System $76,400 Water System $130,787 Off -Ramp Extension (Street, Landscaping, Dry Utilities, Site Preparation)* $2,638,618 Contingency* $2,358,978 Engineering, Planning, Surveying $3,538,467 Right -of -Way $1,950,000 Sub Total $19,642,334 MLK and 10th Street Extension and Roundabout Administration Site Preparation, Earthwork Street, Trail, and Sidewalk Sanitary Sewer Storm Water System Water System Roadside Landscaping/Dry Utility Trenches/Erosion Control Contingency Engineering, Planning. Surveying Right -of -Way $256,743 $196,700 $1,926,140 $46,620 $120,982 $276, 990 $423,626 $811.950 $1,525,000 Sub Total $5,584,752 Loop Road Improvements (Connects 8th St to 10th St / Northern RDA) Administration Signing,.Sidewalk, Trail, Lighting Contingency Engineering, Planning, Surveying $9,930 $99,300 $16;385 AJA18,842 AIA Sub Total $144,457 Total Yakima RDA Infrastructure Improvements $50,489,459 *Uncertainties with Existing Soils and Other Environmental Issues Are Reflected in Higher Estimates and Contingency MacKay & Sposito, Inc. May, 2008 Page 2 of 2 Pages 6/29/2008 Attachment G Engineer's Cost Estimate Summary of Assumptions LIFT Application Preliminary cost estimates have been prepared for the primary infrastructure improvements associated with the Yakima RDA, including proposed 1-82 interchange, and public roads and roundabouts. Cost estimates are based on 2008 construction costs. The following items have been included in the Yakima RDA Infrastructure Improvements 1) Roads sections were per City of Yakima Standards with 12' sidewalk both sides for all roads. 2) Three signalized intersections were included. 3) Six foot wide paved trail system one side of main roads. 4) Storm system, ultimate storm system would include both tightlined piped system and roadside swales. Piped storm system discharges to two lined storage and irrigation equalization ponds to prevent groundwater contamination. 5) Sanitary sewer system, 12" mains assumed in arterial roads, 8" elsewhere. 6) Water distribution system including fire hydrants along roads. Eight inch diameter water main stubs to each lot have been included to each lot for individual lot fire systems. Water main in the arterials is assumed to be 12" diameter, all other pipes at 8" diameter. 7) Road mass grading. 8) Clearing and grubbing / removal of structures and obstructions. 9) Erosion control in the form of silt fence, catch basin protection, and dust control was included. 10) Dry utility trenching for power and phone conduit was assumed along the roads. It is assumed that the electric PUD would charge the development to install the electrical system. The cost to the development for the electric system has not been included. ll) Three at grade railroad crossings where included. 12) Landscaping and irrigation along the proposed roads (7' of landscape width on each side of arterials and 5' each side of other roads was assumed). 13) Irrigation system to provide water for the landscaping. 14) Street lighting at 150' spacing. 15) Site preparation where roads are over the old city landfill. Mitigation included excavation of poor materials, import of base material, placing 10 feet of soil overburden and removal after settlement; gas and leachate' monitoring also included. 16) Trench dewatering was included for utility construction. 17) Engineering, Planning, Surveying at 25% of total estimated construction was assumed. 18) Continginency of 15% to 20% depending on complexity and uncertainties associated with each project MacKay Sposito, Inc. Page 1 of 2 5/28/2008 Attachment G The following items have been Included in the I -821"H" St.Interchange (on-ramp/off-ramp) interchange cost estimate: 1) Land acquisition of 15 acres for the on-ramp ($130,000/acre) 2) Off -ramp Extension from "H" Street to Lincoln Street Included in the Interchange Estimate. 3) WSDOT on/off Ramps including signing and striping 4) Parking lot with lighting on north of the on-ramp to serve the Yakima River trail system. 5) Widening of 1-82 rail overpass to add the northbound acceleration lane. 6) Demolition of existing off -ramp. 7) Storm system includes culverts through ramp fill to allow floodwater to pass through; and catch basins and piping to collect runoff along off -ramp extension road. 8) Water distribution system including fire hydrants along off ramp extension road. 9) Sanitary sewer conveyance system included along off ramp extension. road. 10) On and off ramp earthwork. Site preparation where roads are over the old city landfill. Mitigation included excavation of poor materials, importing base material, placing 10 feet of soil overburden and removal after settlement; gas and leachate monitoring also included. 11) One additional railroad track crossings with lighted traffic arms. 12) Clearing and grubbing and removal of structures and obstructions. 13) Landscaping along the off -ramp extension (5' each side was assumed). 14) Irrigation system to provide water for the landscaping. 15) Street lighting at 150' spacing. 16) Wetland mitigation for filling in existing ponds along off -ramp extension road and off -ramp. 17) Trench dewatering was included for utility construction. 18) Engineering, Planning, Surveying at 25% of total estimated construction was assumed. Items not included In the infrastructure cost estimate: 1) Environmental Fees 2) PUD Fees 3) Traffic Impact Fees (if necessary) 4) Park fees 5) Sewer and water hookup fees 6) Right-of-way Permits 7) Any infrastructure related to the Yakima River bridge 8) Permits to do work over the Yakima River MacKay Sposito, Inc. Page 2 of 2 5/28/2008 Attachment G The property owners are also working with Sandor Development to design and market approximately 50 acres as a retail shopping complex. The retail complex is being heavily marketed to higher end retailers and businesses that are not present in the Yakima market, some of which are an ideal fit for the sports and recreation industry that abounds from White and Chinook Passes through the Yakima River Valley. There are a number of other retail outlets that do not have a presence in the Yakima market, some of whom left the region during the 2000-2001 economic downturn. A number of local businesses that are facing pressure to expand in order to survive have expressed interest in the development, including auto dealers, the highest producers of sales tax in the city. Hahn Motors started as Chrysler dealership over 60 years ago in. Yakima, and has remained at the same location , and has never purchased additional land throughout their growth andexpansion into Mercedes and BMW. The manufacturer has mandated that Hahn separate their Mercedes -BMW dealerships from Chrysler in order to maintain their franchise standing and market territory. The currently facility is land locked, and acquisition of adjacent property will be difficult and costly. Hahn Motors is the only Mercedes and BMW franchise in Central Washington, and other communities are vying for their business. Hahn has signaled their intent to purchase land within the YRDA to build a new Mercedes and BMW showrooms, which would also for expansion of the Chrysler -Plymouth dealership on the original site (letter attached). This acquisition is contingent on a number of factors, including the readiness of the YRDA. Following a two year search process, this is the only property in the Yakima area that Hahn has found both suitable and affordable. Yakima County will be at risk of losing this business to another area of Central Washington if this issue is not - resolved in the near future. Light Industrial -Research & Development — Flex According to Blueprint Yakima, the regional strategic economic development plan completed in 2008, development of suitable sites and buildings, such as a central business and Tight industrial park, will be necessary to attract and serve companies in leading targeted industries. The YRDA proximity to the Interstate 82, availability of transit service and connection to the Yakima River Greenway will provide the capacity for multi -modal transportation to and from an employment center. The northwest section of the YRDA is an ideal location for this type of development, primarily because it is compatible with surrounding uses by Costco Tech Support Center, Tacoma Screw Products International retail and distribution center, and Coca- Cola Bottling and Distribution. The area also contains vacant building formerly used as an environmental testing lab. A minimum of 30 acres will be dedicated for facilities to serve industries targeted for expansion to Yakima, including: Medical Office, Customer/ Technical Support Centers, Logistics and Distribution, Ancillary Wine and Agriculture, Business and Professional Attachment G Services, Medical Device and Equipment Manufacturing, Industrial Supplies and Machinery. Professional Office — Medical A 20 acre campus in the north -central portion of the site will provide a high quality employment center targeted to higher wage, "creative class" employers, and will feature green and recreational space, with connections to the Greenway and city bike -ped pathway system and served by Yakima Transit. In addition to traditional professions like architects, engineers and business or financial services, the YRDA will help to recruit targeted new industries for the area, including medical research, technology/software research and development. Housing Housing within the YRDA will consist of at least 170 units of medium and high density development that will include condominiums, town houses and apartments. A portion of the housing stock will be a village and lifestyle type of development that will feature mixed use buildings (residence over neighborhood commercial), which is intended to compliment the recreational features that will be available to both residential and office campus development. Active retirement living is also planned for some of the housing stock. Housing units will be planned and developed to provide for transition and compatibility with surrounding neighborhoods and the adjacent employment center. One goal of the YRDA housing element is to create an environment that will improve the desirability of, and invite reinvestment to Northeast Yakima and return its vibrancy as a centrally located historic neighborhood that offers the residents the convenience of proximity to the downtown core and the employment, lifestyle and recreational opportunities of the YRDA. The renewal of this neighborhood is important to the sustainability of our downtown redevelopment efforts. The addition of toomany housing units will detract from this goal. Public Recreation Space — Reaional Aquatics Center The public space components of the YRDA and LIFT will include green space, transit facilities, and pathways connecting with Yakima River and the Greenway. The Yakima Regional Aquatics Center Task Force has also identified the YRDA as its preferred choice for location of a $30 million public aquatics center, proposed as a partnership with the Yakima Family YMCA. The Yakima Aquatics Center is a proposed 10 acre indoor/outdoor facility that features various aquatic components such as zero depth beach entry, lazy river, interactive water play features, waterslides, wave pool, lap swimming, and other leisure and/or competitive elements for a hybrid aquatic center which accommodates multiple age and user groups. (See attached conceptual site plan) Attachment G In order to finance the Aquatics Center, the task force intends to seek an increase of the city's sales tax rate through the Public Facilities District that includes the cities of Selah and Union Gap. The aquatics center would occupy approximately 10 acres in the YRDA that the mill property owners have agreed to donate to the effort, saving the project up to $2 million in land acquisition costs. A decision on the project's financing package is scheduled for August 2008. TABLE I TOTALS 2236 9,738,2 'Rama Shopping Commercial, Utealyls baege,rceyng netlauranls. clollang slmr6, department stores. Dock 5107es, elc •&p Boa COmmeroal. ,ncludm0 awn 610,86 as Ceseco, W 771.14 1, 4.1Wan, Home Depot and ludo meet 'M,ID•lenonl Medium mclud719, mail boa stores sash as Petco Ross Siam Bed Bain rine Beyond. 06,ce D.p01, 0,0 'Conynerc,N. ,neluding, ho.pdabty, dining, 7716 '08.6ai64•044, mc100as pr01484,onal and lecmacy services medical oOSea. banes. enc NOTE ASSUMES USES ARE SALES TAX EXEMPT 'tight 1n0u8O,au060 Few aided.. research, menulacwrug, assembly, etc 7401E ASSUMES USES ARE SALES TAX EXEMPT 'Incwdes Ste Circulation, Landscaping, Loading Docks. rte Del not include leap .75816 and pam0tOpen spaces 1 A6sumM based on 613w,090 provide4 by 44(0(Oper 2 Taal Acres 8 43,560 3 Assumed based on co code laqu,ramenle related 10 parking end open Space and dlnq s,m1ar 010486 4 Total Si a 5.aldu.0 Coverage 5 Assented W eema95 d bud4n9 n91 usae art stooge. 7.0cner0al, 0.644. entryways. etc 6 Perconl Net Building Area Grass Building Area 7 Aesem.5 pa Icing 78118 par 1,000 Nei Budd,n9 Nae based an City Coda and ra84 re4+rem4nt 8 Total Net Budbng Area 1,000 a Parking Raba P4410006167041140990044 9 ASSur 1.4 tenoned parking area based on typed' 5'r! a 20 pa,bnp bays w,m 24' .,sirs with landscaping to Parting Spaces 8 Ar.11 Pe, 50004 11 Tolal Acres less Gross asking Area • 701.1Parking Are. - 43 12 Total Squats Fae less Gross &skew Area • 107.0 Parting Area 13 Odor Sia 0nvewaystOocka % 14 Assumed owed on site pan and aim4ar prp441s 15 Roaas70014, 5F 8 Lendac477.5 !. 15 Assumed basad on similar prowess 17 Assumed based on drpsen01 mooed by dev61O5er 18 Total Mees w 43.560 19 Alarmed basad on We Coda and smear piarec111 20 Total Acres a UM. Per nem Sources Wasrlmglon Stale Ereproym.m Seourey Depanmenl Wa4mnglon Stole 05psnm07114 Ravinue U 5 Census Bleu llama Land Inn41918 1401010 50168, Enpoylnenr and Wags trend ,n Tattoos Cou111y's Rawl Trod, Seelpr Augo4L 2005 Donald W Me15409 aid Greg Pyle 5177 Appncal,n Osla 54:8pl,ed by 0013 Aped 72. 2008 E -Mad I,em Ms Saki Gcameart DOR 2007 Retell Stele Taaa078 Sides 6sumnee 1101 Compares 2007 21 Assumed based on smog project 22 Total 5F a Soloing Coverage 23 Assumed based on Gly Coots and similar predicts 04 Parking Ratio pot um a Total skit 25 Assumed area required lot parking (see 91 26 Area per Space a Parking Spaces 27 SF - (Gross lkaldung Area • Tout Parsing Neal 43 580 26 Si . (Grow Budding Are • 707.1 Parking Neel 29 Assumed Miura on 4rawngs mov,d04 by developer 30 Total Acres a 43 560 6110 Aram 58. Anes BWldi Areas • V.. v ..aa....r. n.....a Penang R Wren:enlo Roads/Other 7c447 Mas Ro ds/Other' 0nvewa 810064. Landscaping 19 1 2 3 4 5 6 1 8 9 70 11 12 13 14 15 10 Parking Parcae Total Parking Total 706.1 Units Total Building Building Ratio Parking Par Parking Gros* Nal N41 Ratio Par Aon Ana Tem/ Area Par Unit Driveways Driveway; Area Acres Land Uses Total Agra. Total 51 Building Coverage 8u9dlr.g. Area %Adele Area Building Ano Per 1,000 Not BA Puking Spaces Pe, Space Par4n0 Ana 0147.. Amos 01111! 8F Docks SF Docks y, Lardeceping 8F Landacapk,5 y, Rata/ Shopping Commercial 46 3 2016.826 30'.. 607.048 85% 514.281 3 1,543 350 540,006 20 071 774 569,250 26% 302,524 15% Big Boa Commercial' 34 2 1.409.752 305. 115,926 50% 357,540 3 1.073 350 376.415 15 657.409 516.434 35% 148 975 1000 Mulimenml 7,4a0rum' 218 949,608 30% 264882 00% 227.906 3 804 .350 239.301 10 425424 282,963 3014 142441 1661 Commercial' 1mdeds* o6-Rwl 20 1 075,556 30% 267,667 605. 210.133 3 630 350 220640 9 302.246 260.916 30% 131 333 Sub Total 122.4 5.331.744 1,600,533 1.309,671 3,910 1.375,305 54 2,356,566 1031,602 725,214 153. 130117540771180174907146' 07110e7674707' 300 1,306400 501; 653,400 85% 555,390 2 1,111 350 308773 6 264.827 133,947 101. 130,660 10% 200 871200 304. 281,360 08% 227.156 25 770 350 277 141 8 337690 207.019 24% 130.680 • 151. 40.0 2,176,000 014,700 777,546 1,600 440,514 14 402,326 340,066 281,360 8u0 Teed 761a1 Com78arcra0N.n970440 172.4 7,500,244 2,514,503 2,057,417 5,610 2,038,279 00 2969,102 1.572,545 506634 Percent 04 701,4 33% 25% 771. 39Y. TOTALS 2236 9,738,2 'Rama Shopping Commercial, Utealyls baege,rceyng netlauranls. clollang slmr6, department stores. Dock 5107es, elc •&p Boa COmmeroal. ,ncludm0 awn 610,86 as Ceseco, W 771.14 1, 4.1Wan, Home Depot and ludo meet 'M,ID•lenonl Medium mclud719, mail boa stores sash as Petco Ross Siam Bed Bain rine Beyond. 06,ce D.p01, 0,0 'Conynerc,N. ,neluding, ho.pdabty, dining, 7716 '08.6ai64•044, mc100as pr01484,onal and lecmacy services medical oOSea. banes. enc NOTE ASSUMES USES ARE SALES TAX EXEMPT 'tight 1n0u8O,au060 Few aided.. research, menulacwrug, assembly, etc 7401E ASSUMES USES ARE SALES TAX EXEMPT 'Incwdes Ste Circulation, Landscaping, Loading Docks. rte Del not include leap .75816 and pam0tOpen spaces 1 A6sumM based on 613w,090 provide4 by 44(0(Oper 2 Taal Acres 8 43,560 3 Assumed based on co code laqu,ramenle related 10 parking end open Space and dlnq s,m1ar 010486 4 Total Si a 5.aldu.0 Coverage 5 Assented W eema95 d bud4n9 n91 usae art stooge. 7.0cner0al, 0.644. entryways. etc 6 Perconl Net Building Area Grass Building Area 7 Aesem.5 pa Icing 78118 par 1,000 Nei Budd,n9 Nae based an City Coda and ra84 re4+rem4nt 8 Total Net Budbng Area 1,000 a Parking Raba P4410006167041140990044 9 ASSur 1.4 tenoned parking area based on typed' 5'r! a 20 pa,bnp bays w,m 24' .,sirs with landscaping to Parting Spaces 8 Ar.11 Pe, 50004 11 Tolal Acres less Gross asking Area • 701.1Parking Are. - 43 12 Total Squats Fae less Gross &skew Area • 107.0 Parting Area 13 Odor Sia 0nvewaystOocka % 14 Assumed owed on site pan and aim4ar prp441s 15 Roaas70014, 5F 8 Lendac477.5 !. 15 Assumed basad on similar prowess 17 Assumed based on drpsen01 mooed by dev61O5er 18 Total Mees w 43.560 19 Alarmed basad on We Coda and smear piarec111 20 Total Acres a UM. Per nem Sources Wasrlmglon Stale Ereproym.m Seourey Depanmenl Wa4mnglon Stole 05psnm07114 Ravinue U 5 Census Bleu llama Land Inn41918 1401010 50168, Enpoylnenr and Wags trend ,n Tattoos Cou111y's Rawl Trod, Seelpr Augo4L 2005 Donald W Me15409 aid Greg Pyle 5177 Appncal,n Osla 54:8pl,ed by 0013 Aped 72. 2008 E -Mad I,em Ms Saki Gcameart DOR 2007 Retell Stele Taaa078 Sides 6sumnee 1101 Compares 2007 21 Assumed based on smog project 22 Total 5F a Soloing Coverage 23 Assumed based on Gly Coots and similar predicts 04 Parking Ratio pot um a Total skit 25 Assumed area required lot parking (see 91 26 Area per Space a Parking Spaces 27 SF - (Gross lkaldung Area • Tout Parsing Neal 43 580 26 Si . (Grow Budding Are • 707.1 Parking Neel 29 Assumed Miura on 4rawngs mov,d04 by developer 30 Total Acres a 43 560 ��u-icii�r♦ 58. Anes n ( port Budd Anna Parking' 1 ointment. Roads/Other 17 14 19 20 21 22 23 24 J 25 20 27 26 Parking Arra Tool Total 706.1 Units Total Building Building Ratio Parking Par Parking Land U8r; Acre i Par Aon Units Coverage Area Par Unit Spaces Bpaas Area Acres SF Real4006a1 Me0.LLT Density R4,d.nual 9.5 413,530 14 171 BO% 2411,292 1.8 309 350 107,730 1.3 67,754 TOTALS 2236 9,738,2 'Rama Shopping Commercial, Utealyls baege,rceyng netlauranls. clollang slmr6, department stores. Dock 5107es, elc •&p Boa COmmeroal. ,ncludm0 awn 610,86 as Ceseco, W 771.14 1, 4.1Wan, Home Depot and ludo meet 'M,ID•lenonl Medium mclud719, mail boa stores sash as Petco Ross Siam Bed Bain rine Beyond. 06,ce D.p01, 0,0 'Conynerc,N. ,neluding, ho.pdabty, dining, 7716 '08.6ai64•044, mc100as pr01484,onal and lecmacy services medical oOSea. banes. enc NOTE ASSUMES USES ARE SALES TAX EXEMPT 'tight 1n0u8O,au060 Few aided.. research, menulacwrug, assembly, etc 7401E ASSUMES USES ARE SALES TAX EXEMPT 'Incwdes Ste Circulation, Landscaping, Loading Docks. rte Del not include leap .75816 and pam0tOpen spaces 1 A6sumM based on 613w,090 provide4 by 44(0(Oper 2 Taal Acres 8 43,560 3 Assumed based on co code laqu,ramenle related 10 parking end open Space and dlnq s,m1ar 010486 4 Total Si a 5.aldu.0 Coverage 5 Assented W eema95 d bud4n9 n91 usae art stooge. 7.0cner0al, 0.644. entryways. etc 6 Perconl Net Building Area Grass Building Area 7 Aesem.5 pa Icing 78118 par 1,000 Nei Budd,n9 Nae based an City Coda and ra84 re4+rem4nt 8 Total Net Budbng Area 1,000 a Parking Raba P4410006167041140990044 9 ASSur 1.4 tenoned parking area based on typed' 5'r! a 20 pa,bnp bays w,m 24' .,sirs with landscaping to Parting Spaces 8 Ar.11 Pe, 50004 11 Tolal Acres less Gross asking Area • 701.1Parking Are. - 43 12 Total Squats Fae less Gross &skew Area • 107.0 Parting Area 13 Odor Sia 0nvewaystOocka % 14 Assumed owed on site pan and aim4ar prp441s 15 Roaas70014, 5F 8 Lendac477.5 !. 15 Assumed basad on similar prowess 17 Assumed based on drpsen01 mooed by dev61O5er 18 Total Mees w 43.560 19 Alarmed basad on We Coda and smear piarec111 20 Total Acres a UM. Per nem Sources Wasrlmglon Stale Ereproym.m Seourey Depanmenl Wa4mnglon Stole 05psnm07114 Ravinue U 5 Census Bleu llama Land Inn41918 1401010 50168, Enpoylnenr and Wags trend ,n Tattoos Cou111y's Rawl Trod, Seelpr Augo4L 2005 Donald W Me15409 aid Greg Pyle 5177 Appncal,n Osla 54:8pl,ed by 0013 Aped 72. 2008 E -Mad I,em Ms Saki Gcameart DOR 2007 Retell Stele Taaa078 Sides 6sumnee 1101 Compares 2007 21 Assumed based on smog project 22 Total 5F a Soloing Coverage 23 Assumed based on Gly Coots and similar predicts 04 Parking Ratio pot um a Total skit 25 Assumed area required lot parking (see 91 26 Area per Space a Parking Spaces 27 SF - (Gross lkaldung Area • Tout Parsing Neal 43 580 26 Si . (Grow Budding Are • 707.1 Parking Neel 29 Assumed Miura on 4rawngs mov,d04 by developer 30 Total Acres a 43 560 58. Anes 20 30 I- a • Uses Acres SF Suppose Open Spada 21 0 914 760 Myer Road and Rights 01 Way 20 7 09.060 Sub 701.1 : part 41.7 1,814,710 TOTALS 2236 9,738,2 'Rama Shopping Commercial, Utealyls baege,rceyng netlauranls. clollang slmr6, department stores. Dock 5107es, elc •&p Boa COmmeroal. ,ncludm0 awn 610,86 as Ceseco, W 771.14 1, 4.1Wan, Home Depot and ludo meet 'M,ID•lenonl Medium mclud719, mail boa stores sash as Petco Ross Siam Bed Bain rine Beyond. 06,ce D.p01, 0,0 'Conynerc,N. ,neluding, ho.pdabty, dining, 7716 '08.6ai64•044, mc100as pr01484,onal and lecmacy services medical oOSea. banes. enc NOTE ASSUMES USES ARE SALES TAX EXEMPT 'tight 1n0u8O,au060 Few aided.. research, menulacwrug, assembly, etc 7401E ASSUMES USES ARE SALES TAX EXEMPT 'Incwdes Ste Circulation, Landscaping, Loading Docks. rte Del not include leap .75816 and pam0tOpen spaces 1 A6sumM based on 613w,090 provide4 by 44(0(Oper 2 Taal Acres 8 43,560 3 Assumed based on co code laqu,ramenle related 10 parking end open Space and dlnq s,m1ar 010486 4 Total Si a 5.aldu.0 Coverage 5 Assented W eema95 d bud4n9 n91 usae art stooge. 7.0cner0al, 0.644. entryways. etc 6 Perconl Net Building Area Grass Building Area 7 Aesem.5 pa Icing 78118 par 1,000 Nei Budd,n9 Nae based an City Coda and ra84 re4+rem4nt 8 Total Net Budbng Area 1,000 a Parking Raba P4410006167041140990044 9 ASSur 1.4 tenoned parking area based on typed' 5'r! a 20 pa,bnp bays w,m 24' .,sirs with landscaping to Parting Spaces 8 Ar.11 Pe, 50004 11 Tolal Acres less Gross asking Area • 701.1Parking Are. - 43 12 Total Squats Fae less Gross &skew Area • 107.0 Parting Area 13 Odor Sia 0nvewaystOocka % 14 Assumed owed on site pan and aim4ar prp441s 15 Roaas70014, 5F 8 Lendac477.5 !. 15 Assumed basad on similar prowess 17 Assumed based on drpsen01 mooed by dev61O5er 18 Total Mees w 43.560 19 Alarmed basad on We Coda and smear piarec111 20 Total Acres a UM. Per nem Sources Wasrlmglon Stale Ereproym.m Seourey Depanmenl Wa4mnglon Stole 05psnm07114 Ravinue U 5 Census Bleu llama Land Inn41918 1401010 50168, Enpoylnenr and Wags trend ,n Tattoos Cou111y's Rawl Trod, Seelpr Augo4L 2005 Donald W Me15409 aid Greg Pyle 5177 Appncal,n Osla 54:8pl,ed by 0013 Aped 72. 2008 E -Mad I,em Ms Saki Gcameart DOR 2007 Retell Stele Taaa078 Sides 6sumnee 1101 Compares 2007 21 Assumed based on smog project 22 Total 5F a Soloing Coverage 23 Assumed based on Gly Coots and similar predicts 04 Parking Ratio pot um a Total skit 25 Assumed area required lot parking (see 91 26 Area per Space a Parking Spaces 27 SF - (Gross lkaldung Area • Tout Parsing Neal 43 580 26 Si . (Grow Budding Are • 707.1 Parking Neel 29 Assumed Miura on 4rawngs mov,d04 by developer 30 Total Acres a 43 560 TABLE 2 COST ASSUMPTIONS Land Uses Area Building Construction Cost Parking Costs Roada)Otherl 14 Total Cost 7 Total Area Driveways/Docks Landscaping 1 Net Building Area 2 Cost Per SF 3 Total Building Costs 4 Parking Ares_ 5 Coat Per SF 8 Total Parking _ Costs 8 Area (SF) 9 Cost Per __ SF 10 Total Cost 11 Area (SF) 12 Cost Per SF 13 Total Cost Light Industrial/R&D Flex Retail Shopping Commercial Big Box Commercial MuIII-tenant medium Office/Medical Commercial Sub Total Commercial 555,390 514.291 357.540 227,906 222,156 210,133 5125.00 5175.00 $125.00 5150.00 S17500 512500 569,423,750 388,773 590,000,950 540,006 544,692,560 375,418 534,185,888 239,301 538,877.300 272,141 526,266,680 220,640 53.00 83.00 $3.00 83.00 53.25 53.00 51.166,319 264,627 133,947 51,620,017 871,774 569,250 51.126,253 867,409 518.434 5717,904 425,424 282,983 5884,459 337,699 207,019 5681,920 392,249 260,916 53.25 $3.25 $3.25 $3.25 53.25 53.25 $435,328 130,680 51,850,062 302,524 51,684,910 148,975 5919,695 142,441 5672,811 130,650 5847,976 131,333 32.50 53 00 52.50 $3.00 $3.25 $3.00 $326,700 $907,573 $372,438 5427.324 $424,710 5394,000 $71,352,097 594,378,601 547,876,160 536,250,811 540,859,280 $28,170,577 2,087,417 5234,023,378 2;036,279 96,176,871 2,959,182 1,972,548 58,410,782 986,634 52,852,744 5318,887,525 Land Uses 15 Total Units ' 18 Cost Per Unit 17 Total Cost 517,100,000 Residential Med. Dens. Residential 171 5100.000 5 17,100,000 Land Uses 18 Total Area (SF) 19 Cost Per SF 20 Total Cost _ 51,829,520 Support Open Space 914,760 $2.00 $ 1.829,520 Land Uses 21 Total Estimated Cost 550.489,459 Access Roadways/Utilities Major Roads & utility Extensions Freeway Interchange Sub Total Access Roads/Utilities 530,847.125 519.842.334 550,489,459 TOTAL COSTS 5368.308,503 1 From Project Assumptions (Table 1, 6) 2 Assumed from similar projects 3 Net Building Area x Cosi per SF 4 From Project Assumptions (Table 1. 10) 5 Assumed based on other projects 6 Parking Area x Cost per SF 7 From Project Assumptions (Table 1. 12) 8 From Project Assumptions (Table 1, 13) 9 Assumed based on other protects 10 Area (SF) x Cosi per SF . 11 From Project Assumptions (Table 1, 15) 12 Assumed based on other projects 13 Area (SF) x Cost per SF 14 Total of all costs 15 From Project Assumptions (Table 1, 20) 16 Based on an average 1,000 SF unit x 5100 00 per SF 17 Total Units x Cost per Unil 18 From Project Assumptions (Table 1, 30) 19 Assumed from similar projects 20 Total Area (SF) x Cost per SF 21 Assumed from others based on estimated cost to construct 0 LuauigOelly TABLE 3 ENGINEERS ESTIMATE OF PROBABLE COST (Yakima RDA Infrastructure Improvements Estimates) "H" Street and 1-82 Interchange 5563,854 Administration 5395,364 Site Preparation, Earthwork 53,541,470 On-ramp/Off-Ramp/Demo Existing Off -Ramp /Green Way Parking Lot $102,338 Sanitary Sewer (H Street to Southem RDA Boundary) 5830,401 Storm Water System (H Street to Southern RDA Boundary) 5182,109 Water System (H Street to Southern RDA Boundary) 5586,856 Off -Ramp Extension (Street, Landscaping, Dry Utilities, Site Preparation)' $930,359 Contingency' $1.783,187 Engineering, Planning, Surveying 58,915,9361 Right -of -Way (Total 519,642,3341 550,489,4591 3560 LF of PrincipalI Arterial (East-West "H"Street) Administration Site Preparation, Earthwork Street, Trail, and Sidewalk Sanitary Sewer Storm Water System Water System Roadside Landscaping/Dry Utility Trenches/Erosion Conttol Contingency Engineering, Planning, Surveying 'Total 5050 LF of Collector Arterial (North-South Road Through Mill Administration Site Preparation, Earthwork' Street, Trail, and Sidewalk Sanitary Sewer Storm Water System Water System Roadside Landscaping/Dry Utility Trenches/Erosion Control Contingency' Engineering, Planning, Surveying (Total District) 4810 LF of Collector Arterial (North-South Road on West Side Administration Site Preparation, Earthwork Street, Trail, and Sidewalk Sanitary Sewer Storm Water Systern Water System Roadside Landscaping/Dry Utility Trenches/Erosion Control Contingency Engineering, Planning, Surveying 'Total 5536.316 51,765,310 51,754,548 5550,259 $493.640 5220,421 5568.987 51,177,898 51,766,544 $8,832,7211 of Mill District) $466.040 $666,700 $1,629.908 $329,731 $874,886 $401,689 5757.488 $768,966 51,473,852 57,369,259' 51,053,410 $699,080 $7,120.003 576,590 $78,400 5130.787 52,638,618 52,358,978 53,538,467 51,950,000 MLK and 10th Street Extension and Roundabout Administration Site Preparation, Earthwork Street, Trail, and Sidewalk Sanitary Sewer Storm Water System Water System Roadside Landscaping/Dry Ulflity Trenches/Eroslon Control Contingency Engineering, Planning, Surveying Right -of -Way JTotal Loop Road Improvements (Connects 8th St to 10th St / Northern ROA) Administration Signing, Sidewalk, Trail, Lighting Contingency Engineering, Planning, Surveying [Total $256,743 5198,700 $1,928,140 846,620 $120,982 5276,990 $423.626 5811,950 $1,525,000 $5,584,7521 59.930 599,300 $26,385 $18,842 5144,4571 Total Yakima RDA Infrastructure Improvements 'Uncertainties with Existing Soils and Other Environmental Issues Are Reflected in Higher Estimates end Contingency MacKay & Sposito. Inc. May. 2008 0 luauzgaelld TABLE 4.4 C0148TRUCTION G0875 BY TEAR Land 0.. opt IndusloeUROD Fle. Reia.1 Sh00pm9 Comme.pal 8.q B0. CO.e11e.c/al M46.lenanl Marko, OSge7L110c41 COnenerpal Sub 10151 Mee 000144 ResOenl.al Open Specs 7.1ago•y Reads 8 061.041 F "Kea,. Interchange Sub Total TOTAL CO 8T. C05 ALL CO L 2009 7010 2011 2013 2613 2014 2015 Amount' % Amount 1 % Amogm 1 % Amoum J % AmO9nl 1 % Arn0un1 1 14 Amount % 10 0% 53.567 605 5% 63567605 5. 17135,710 10% 07.135,710 104- 87.135,210 10% 37.135310 10% 30.0% 00 0% 00 0% SO 0% SO 0% 00 01: 547,189,300 50% 10 01. 67.393.806 5% 02,303.608 5% 54,787,616 10% 32,393,806 544 14,787,616 10% 04.787,816 1004 SD 01'. •01612.641 5% 31.612.541 5% 53.625.081 10% 13625.061 10% 06.437.632 15% 13.675081 10% SO 01'. 52.042.984 5% 04,085.036 10% 04.085 976 101/ 54,0135.920 /004 34.005.028 10% 94015.938 10% 90 0% 51408529_111_51,40_50.213 6% 01/08029 5% ¢2817054 10% $2.817 00 0% 111,33844 4% 88-3751C410 10 0% SO 0% So 0% 064 403 4% 00 0% 36,165.425 20% 50 0% . 0% 2524 2011 2017 2018 2015 50 0 ' 3021 2022 2023 Build Oul Amount % Amount N. Amount % m Aount % m Aounl % Amount Y. Amount % Amount % Amount 11 70144 37,135,210 1004 53.567.605 504 33.562.605 6% 13,567,605 504 83,587,605 504 03,567,605 534 53,561.605 504 83.565.605 518 03,587.803 5Y. 071,352,011 09,437.860 1004 84.716930 504 54.718.930 504 04 718.930 5% 34,718,930 504 34710.930 5% $4,718930 59. 54,718,930 5% 04.718,930 504 804,376,601 07,181,424 1504 12.393.800 504 52,393,008 504 07393.608 5% 92.393.806 504 12,393.006 51: 12.393 604 5% 32.393,600 5% 02.503.006 604 047,078,160 05,437.822 1504 11,612,541 504 00 074 SO 0% 81,812.541 504 61,612,641 5% 01,812.541 504 51,012.541 59. 91,812.541 6% 534,350,011 52042.964 604 62,012,984 504 97,042,984 504 82.042.964 504 02,042.984 6% 02,042,964 504 52,047.964 504 52.042.984 514 32.042.964 534 040,909,340 058 191E 42.69.958 10% 52617058 1044 02.617,058 1004 01.408.529 596 9.405.829 504 51.408529 5% 51,401,529 5%' 91,405579 504 61400,520 5% 81.408529 53, 636,170,177 010 4% !21,042,714 716 520,067,094 8% 164.243,422 B% 609,610,192 27% 134,052.137 11% 017,302,805 5% 514,131,131 404 114131,636 4% 615,114,370 5% 115,014,376 5% 613.644.371 5% 015,944,376 5% 515,544,376 5% 5316,197,555 hres.uge 47% 06,650.000 50% 18.550000 601, 00 0% 10 0% 80 09. 00 0% 80 004 SO 0% 80 0% 817,104,000 0195,364 11% 599.657 5% 581,077 4% 581077 4% 091.476 5% ' 391,478 59. S91476 5% 091,476 51. 091076 604 11,526,620 06.169.428 20% 30 0% 30 901E 54,627065 15% 00 011 30 0% SO 014 50 0% .SO 014 130,147,135 0 0 . 0% 30 0% 0% 50 0% SO 0% SO 0% So oK 04 0% 11 04 334 0% 8 f, 49 . • % T ,44. 837 . 61,0 0 04.7,1 , 18 .476 0% 0911470 0% 651,476 0% 091,476 004 testi 0% 6 ,41 , 11 516056 32 4% 519,435,052 404 511,035,952 474 {15.031132 404 116 015912 404 0361,304,343 61141,132 310.435,452 514,415,612 516,03152 0iE.075452 8311,206,563 00 014 SO 0% SO 176,123 4% 0120724 7% 1110071 07,711,701 25% 08.164,125 20% 40 oss se 0.4 111:1211LELAIiIFELl fTif it!5-IIII1 IMILi+. IIALLI MIUMEC h?'J!Ir 7T • 0 7, ,214 0 Feramo04 70v1• 014 90 0% 00 0% 6% 1139.204 67. 1399.539 22% 011 !d 0% SO 0% 0% 510.642 334 10034 00 71 1 Sd 504 044670 11% 570430739 10 6,p06 13% 500,48 .462 7% 914,213,412 4% 01685913 504 3 10,1' X198 44 ,7 y03I,732 516, 14,`71 117,461462 314312,913 51/530061 TABLE 4.6 1,444 Use 3009 604 1 % 2010 39 I % 2011 89 I % 2012 89 3013 I % 2014 .1.,10„1„1,.1.,.. o....n.ec res. nT Te.w. 2019 3816 2917 2011 2019 2020 2021 2072 2023 2024 Build Dui 7.1.10 603,400 006,046 446,926 76/,162 261,360 262667 2,814,363 1,511023 053,400 241,380 LAN lndusmaUR0Df4. Reed 5111014.3 COmmeroal 61580. MuIO•Ienant meer1,um m m um 016c...brow i COmma.b.l Sub 04141 0% 0% 05. 0% 0% 0% 32670 0 22346 14.244 13,066 13133 5% •0% 5% 5% 5% 5% 32.670 0 22,346 14,244 26,136 12,133 5% D% 5% 5% 10% 516 65.340 0 44,693 28,480 28,136 19 13 604 1 % 10% 85. 0 10% OrA 0 OX 10% 22.346 514 10% 26,466 10% 101. 20136 10% 5% 26.267 10% fF 65,340 0 44693 42.732 26.136 26,367 105.168 376,631 201,360 117 817 708.626 % 10% 014 1034 1511 1004 1090, 87'. 3011 01 I % 85.340 10% 303,524 5044 44693 1011 28,488 10% '26,136 1014 26.707 10% 493.444 20% 87 I % 85,340 10% 60,506 9074 67.039 1314 42,732 107/. 13,068 5% 28.267 1011 974,931 11% SF 32.670 30.253 22,346 14,244 13.068 24267 136,846 I Y. 5% 514 5% 55'. 504 1014 6% 39 1 % 32870 5% 30,222 514 22346 5% 0 004 13,008 574 13.133 5% 111,470 4% BF 32.670 30.252 22.346 0 13088 13,133 111,470 % 5% 5% 5% O% 5% 3% 4% 9F 32,870 30,252 22,346 11.744 13.068 13133 125.714 I Y. 5% 5% 5Y. 534 5% 6% 5% 59 1 Y. 32,670 5% 30.252 504 22,346 504 14,241 53, 79.069 5% 13.133 5% 175,774 5% SF 1 % 59 1 11 32,670 504 32,670 5% 30,252 5% 30.262 5% 22,346 53, 22.346 574 14,244 51*. 14244 574 13.068 504 19,066 534 13.733 5% 13133 5% 125,714 5% 126,714 5% Retail Tr.d. 1.gh11ndus&150R60 74. 01114e0454ga1 OF 33,670 30,252 22,348 11,211 73060 11133 129,711 1.222,049 212,040 143 744 1_11 5% 5% 534 SX 518 5% 5% 0% 95.462 4% , 101,530 4% 117,786 7% 161,577 714 R440 Trade 19641145010,001,9910. 017kMMedI .I Tool MW Denote R.5,00.1n41 0 0 0% 0 0 0% 0 0 0% Q 0 0% 0 0% 0 0% 0 0% 206,910 50% 208.010 50% 4 014 0 0% 0 0% 0 0% T01al 0 0% 0 0% 1,iSjT37 0 7011 0% Sub 50141 s,..n •Inc AL T. CON 8 0 0% 12701 4% 30062 1% 60.382 0 0 0 7 57,534 604 69.802 874 199,770 22% 204,910 07,602 1174 208,910 49,779 5% 0 0 48530 4% 40,539 0 404 45.738 5% 0 45,730 5% 0 0 0 413,620 462,900 11457011Q 3,142',161 0 0 1 7,.-. 4% 731,103 6% 2 6,113 6% 274,770 734 603.217 16% .679,613 15% 395,626 10% 162.009 404 102.001 434 171087 4% 171,432 4% 45,730 5% 45.736 5% 171,452 414 171.452 4% 45,738 171,432 574 4% VON 4'daemp6en 101411 P4,44n11%1.. msb,p5Nd by Too Conel/u.6pn M,oum lei each 4444 Assumes no CCMeup64n pd purpose. of LIF c oppuCan0n1 +, Iffy veer Assumes Interchange by 2015 Assumes h41 80440,11 by 2010 co TOTAL TAXABLE VALUE 5425,991,1051 TABLE 5 RETAIL SALES AND PROPERTY TAX ASSUMPTIONS RETAIL SALES TAX ASSUMPTIONS Land Uses Light Industrial/R8D Flex Retail Trade Bog Box Commercial Multi -tenant medium Office/Medical' Commercial 1 Total Net Building Area 555,390 514.291 357,540 227,906 222,156 210,133 2 Retail Sales Per SF 3 Total Retail Sales 4 Percent Taxable 5 Tolal Taxable Retail Sales $0 $0 $295 $151,715,886 5275 598,323.632 5295 567,232,246 $0 $0 $295 561,989,365 0% 57% 57%. 57% 0% 57% $o $86.493,227 556,142, 794 538, 389.613 $0 535,395,927 Sub Total 2,087,417 5379,281,130 5216,421,561 'NOTE Assumes Ilial "Office/Medrear and "Light Industrial/R&D Flex" will not generate sales tax PROPERTY TAX ASSUMPTIONS Land Uses Light IndustriaVRBD Flex Relarl Trade Big Box Commercial Mulli•tenant medium Office/Medical Commercial Sub Total Structure Value Land Value Total Taxable Value 6 Cost 571,352,097 594,378,801 847,876,160 536,250,811 340,859,280 828,170,577 5318,687,525 7 Value Adjustment (%) 8 Total Structure Value 582,054,911 5108,535,391 $55,057.584 $41,688,432 546.988,172 $32,396;163 9 Total Area 1,306,800 2,016.828 1,489,752 949,608 871,200 875,556 5366,720.653 7,509,744 10 Value Per SF $15.00 520.00 518.50 $19.50 $15.00 $25.00 11 Total Land Value 519,602,000 $40,336,560 527,560,412 $18,517,356 513,068,000 521,688,900 12 Gross Value 5101.656,911 5148,871,951 582.617.996 560:205,788 $60,056,172 554,285,063 5140,973,226 5507,693,681 14 Assessors Adjustment 80% 80% 80% 80% .80"/ 80% 15 Net Taxable Value 581,325,529 5119,097,561 566,094,397 548.164,631 $48,044.938 $43.428.050 5406.155,105 1 From Protect Assumptions (Table 1, 6) 2 From CTED and Others 3 Total Net Building Area x Relait Sales per SF 4 Provided by CTED 5 Total Relait Sales x Total Taxable Retail Sales 6 Based on Cosi Assumptions (Table 2, 14) 7 Includes overhead and profit 8 Cost x Value Adjust (%) 9 From Project Assumptions (Table 1, 2) 10 Assumed from similar projects 11 Net Area x Value per SF 12 Total Structure Value + Total Land Value 13 Assumed based on Assessors records 15 Gross Value x Assessors Adjustment 16 From Cost Assumptions (Table 2, 17) 17 Assumes increase in Markel Val -- .from actual costs 18 Cost x Value Adjustment (%) 19 From Project Assumptions (Table 1, 20) 20 Assumed from similar projects 21 Total Units x.Value per Unrl 22 Total Land Value 4 Total Structural Value 23 Assumed based on Assessors records 24 Gross Value x Assessors Adjustment 011L UtyaellV Structure Value Land Value Total Taxable Value 16 17 18 19 20 21 22 .23 24 Value Total Value Total Net Adjustment Structure Total Per Land Gross Assessors Taxable Land Uses Cost (%) Value Units Unit Value Value Adjustment Value Residential Med. Dens. Residential 517,100,000 115% 519,865,000 171 $30,000 55,130.000 $24,795,000 80% 519,836,000 1 From Protect Assumptions (Table 1, 6) 2 From CTED and Others 3 Total Net Building Area x Relait Sales per SF 4 Provided by CTED 5 Total Relait Sales x Total Taxable Retail Sales 6 Based on Cosi Assumptions (Table 2, 14) 7 Includes overhead and profit 8 Cost x Value Adjust (%) 9 From Project Assumptions (Table 1, 2) 10 Assumed from similar projects 11 Net Area x Value per SF 12 Total Structure Value + Total Land Value 13 Assumed based on Assessors records 15 Gross Value x Assessors Adjustment 16 From Cost Assumptions (Table 2, 17) 17 Assumes increase in Markel Val -- .from actual costs 18 Cost x Value Adjustment (%) 19 From Project Assumptions (Table 1, 20) 20 Assumed from similar projects 21 Total Units x.Value per Unrl 22 Total Land Value 4 Total Structural Value 23 Assumed based on Assessors records 24 Gross Value x Assessors Adjustment 011L UtyaellV TABLE 6 ANNUAL TAXABLE -REVENUE Year 81ate'Reta0Nse Tapes Slate Property Tax Revenue Local Sales/Use Taxes Local Property Taxes Construction Sales Taxes Sdaaltlse Taxes on Retail Trade Total Sales/Use Tax Revenue 1 Total Conslyucbon Amount 2 Total Construction Sales/Use Tex Revenue 3 Slaw Tax Rate 4 Percent Annual Retail Sales 5 Total Taxable Retell Sales 6 Total Relall Sales Tax Revenue 7 Percentage Buildings Constructed (Inc. MF) 8 Maximum Slate Properly Allocation . 9 Total Taxable Properly Values 10 Total Property Tax Revenue __(Per 11 Propeny Tax Rale 1000)- 12 Local Tax Rete 13 Total Construction Sales Tu Revenue 14 Total Retell Saks Tax Revenue Total Local SaleelUse Tax Revenue Local Locsl Tax Property Rale Tax jPer 1000) Revenue 2000 50 SO 0.0502 0% 50 30 50 0% 75% 30 10 5203 0,8255 SO 50 SO 511.75 SO 2010 617,459.274 1438.228 00502 4% 58.217,045 5412,498 5850,723 3% 7574 610.613,827 521.535 5203 082% 5143,166 $67.390 5210.546 51175 6124,666 2011 521.059.315 5966,741 0 0502 8% 517,558.943 5881,459 51.848,200 7% 75% 622.801,354 546264 52 03 0 82% 5172.662 5143.983 5316.845 611 75 5267.815 2012 527 332.513 51,214,580 00502 15% 532.862.557 51,849.700 52.864.260 13% 75% 542.601.185 586,438 5203 082% 5224.127 3269,473 5493,600 51175 5500,376 2013 520.172,156 51,102,367 00502 22% 647.373.150 52,378,132 53.570.499 19% 75% $61,400,076 5124.581 5203 082% 6165.412 5385,460 5553.872 511.76 5721.180 2014 544.044070 51611,850 0.0502 30% 665.033.329 53,284.873 54.876.523 26% 75% 584,244,257 0170.932 . 1203 082% 5381,169 5533.273 5894.442 511.75 5989.498 2015 670,039232 52863,528 0.0502 50% 5107.507,748 65.398.889 38,280.415 44% 75% 5141,877.931 5287,870 5203 082% $574,326 58131,564 51,455.889 51175 61,666.439 2016' 948.956,926 52987,067 00502 61% $131.174,838 56,491,344 59.478.411 59% 75% 5190,050,753 5385.833 0203 0.82% 5401.529 51675.632 61.477.161 111.75 52.232,375 2017 526.002,462 51,881,732 0.0502 6855 5143,126.792 57,164,935 59,066.668 70% 75% 5222,945,378 1452,356 1203 082% 5213,220 51,173.835 51,386,855 51175 62,618,624 2018 514.212.913 51009.406 00502 71% 5152,721.181 57,668,603 58.878.009 74% 75% 5235.583,280 3477,998 5203 0.82% 5116,546 61,252,314 51,368,860 51175 52.767664 2019 516.839,982 5829,628 0.0502 71% 5152.721.181 57,666,603 98496,231 78% 75% 5248.221,763 3503.641 5203 082% 5154,488 51,252,314 57.408,802 111.75 62,915.503 2020 516.035.852 5875.383 00502 76% 5183,542,259 58,209,821 59.085205 8255 7516 5262,475,612 5532,563 52.03 082% 3131,494 51.341.047 51.472.541 51175 53.082.930 2021 318.035.852 5805000 00502 81% 1174,363.337 68.753,040 59,658,039 87% 75% 6276.730,041 5561.485 5203 082% 6131404 51.429,779 51.581,273 51175 55,250.357 2022 516,035.852 5805,000 00502 85% 3185,184,415 59,296.256 510,101.257 91% 75% 5290.984,470 5590,407 5203 0.82% 5131.494 51,518,512 51.850.006 ' 511.75 53.417,783 2023 516.035,852 6805,000 00502 91% 3198.005.493 59.839,476 $10.844.476 9855 75% 5305.238,900 5819.330 52.03 082Yr 6131.494 61.807.245 61,738,739 51175 53,685,210 2024 518.035.852 5805.000 00502 98% 5206.526.571 510,382,694 611.187,694 100% 75% 5319,493,329 $848.252 52.03 082% 5131 494 61.896,978 51,827,472 $11.75 53,752.636 2025 SO 5402,500 00502 10055 5216.421.561 510.864.382 611.266862 100% 75% 5379.493.329 5648.252 62.03 082% 00 51.774.657 51.774657 511.75 53.762.636 2026 50 50 00502 100% 9216,421,561 510.884,362 510,884.362 100% 75% 3319.493.329 5848.252 32.03 082% SO 51.774,857 57.774.857 511.75 53.752.636 2027 50 50 00502 10055 5216,421,581 910.864,362 310.864.382 100% 75% 3319,493.329 5848.252 5203 0.82% 30 01.774.857 51,774.657 111.75 53,752.836 2028 SO 50 0.0502 100% 3216.421,561 610,884,362 510.864.382 100% 75% 3319,493.329 3848.252 3203 0.82% SO 31,774,857 .51.774,857 51175 53,752,836 2029 50 SO 00502 100% 5218,421,581 610,894,362 910.664.362 100% 7555 5319,493,329 $848,252 32.03 082% 10 51,774.857 51,774,657 511.75 53,752,636 2030 $0 50 0.0502 100% 5216421,581 510.864,382 510.884.362 100% 75% 5319.493,329 5848.252 0203 082% 30 51.774,657 31.774.657 51175 63.752,638 2031 $0 50 0.0502 100% 5216,421561 510,684,382 510,664,362 100% 75% 5319,493.329 364 .252 52 03 0 82% 50 51.774,657 31.774.657 511 75 53.752,636 2032 SO 50 00502 100% 5216,421.561 510.1364,362 510,864.362 100% 75% 5319.493,329 5648,252 5203 082% SO 51,774,657 51,774,957 511.75 33.752.838 2033 SO 50 00502 100% 3218421,561 510864,382 510,804,382 100% 75% 6319,493.329 5648.252 62.03 082% 50 51.774,657 51,774.857 51175 53252.638 2034 SO SO 00502 100% 5216.421,561 510.884.362 510,864.382 10074 75Yr 5319.493,329 5648,252 5203 082% 30 51.774,657 51.774657 51175 53,752.636 2035 60 50 00502. 100% $216.421,561 510.864.362 510.864,362 100% 75% 5319.493,329 5648,252 5203 082% 50 11.774,657 51.774.657 511.75 33.752.838 2036 50 50 00502 100% 5218.421,581 510.864.362 510,884,382 100% 75% 5319.493.329 3848,252 5203 082% 50 51.774,657 51,774,657 51175 53,752,636 7037 51) SO 00502 100% 5218.421,581 510,884.362 310,864,362 100% 75% 5319,493.329 3848,252 3203 0.82% SO 51.774,657 51.774,657 61175 53,752,636 2038 10 SO 00502 100% 5218,421.581 510,884,382 510,884.362 100% 75% 5319.493,329 3848,252 5203 082% 50 57,774,657 $1.774,857 611.75 53.752,636 2039 SO SO 0.0502 100% 3216,421,561 510,884.362 510.864.362 100% 7555 6319.493.329 5646,252 0203 082% 50 51.774.657 51,774.657 61175 03.752.836 $388 308 503 519 492,986 55,030,541,451 3252,438.558 5271,932,545 137 507,671,597 115,232,065 53 184,113 541,250 440 044,434,553 $86 102 004 1 From Conslrucllon Tuning (Table 4). assumes lull buildout by 2019 2 Assumes I80) 50% of the total taxes on conslnrcuon would not be credited until the following year 3 Based on 100% as Sales Tax Rete - Does not utclude lodging 4 Assumes when sales would be made based on conOUucbal hmn9 5 Total Taxable Reta4 Sales x Percent Mawmum Annual Retell Sales 6 Taal Taxable Retails Sates x Siete Tax Rate 7 Based on Percent Annual Ralad Sales 8 Maxmtum Skle Property Tax Increase Mowed 9 Based on Taxable Valuas•Income 10 Assumes that 50% of the total taxes on cons,rucbon would not be credled until the Io1Ww,ng year 11 Based on current Stairs tax rale for ane RID from DOR 12 Local Tax Rate slant DOR 13 Tax Rale x Total Consouclwn Amount 14 Local Sales Tax Rale x Total Retail Sales 'TAX RATE ADJUSTMENT FOR ACCOMMODATION Taal Revenue 5131,174,838 Rale 50200% 58,584.967 HmeUMoteI Revenue Adwatmenl 52 080.500 Rale 4 5000% (593.623) Nes Adjustor! Revenue 56,491.344 01U U140E11y TABLE 7 LABOR ASSUMPTIONS AND TIMING Indust TotalDevelo• enl 2014 2024 2034 2039 5 m Y LL 3 aks per quare Foot to It ° S405,317,579 559,505.782 1 I Io o Employment g r $1000.00 Saba T. a 0 $ o Y ° E w. 313 1.459 1.119 Now RDA Employment Ntimatod Average 0i nnual Wages m (Included % Adjustment) a 1 m m A v ercent Offered „�a i , io N Pald leave at at az * E ,t Y OU S+ Lt J . 579% . 27.0% 90.6% 92.6% -' New RDA Iw N Employment e+e, + N ',74 Estimated Average o Annual Wages w1 m N n , Percent Offered v iv m N Paid Leave rn o v Percent Offered F' o io Health Care ate aF$ c 0 a Q. i _ 0 0 0 0 Estimated Average o b nnual Wage 00 s n w Percent Offered ki a a i Paid Leave E L d OV a e5 . z 57.9%r 27,0% 90.836 68.7% 8gg DE ix E w 0 0 0 ofEstimated Average 0o $}(Annual Wage 8 Y Y Oy yO S$ . 0, 712% 45.9% 84.3% 84 2% g o 4 Percent Offered a e." a 0 m Health Care Retail Trade Accommodation and Food Services Sub Totals Light Industrial/R&D Flex' ONice/Med,cal' 1,375,590 223.933 5295 5266 NA NA 1,599;523 853,400 281.3 $464,823,361 NA NA 2,578 1,307 747 775 514,866,233 393 522.852.711 224 510,763,966 1,803 534,606,450 914 553,197,822 522 525,033,685 0 50.00 '0 50.00 0 50.00 0 50.00 2 514,283 $464,823.361 ces 4,831 1,392 $48,472,909 3,240 5112,837,958 0 50.00 0 50.00 ' Office m based on 1 employees per 350 square feel and `Light Industrial/R&D Flex' Js based on 1 employee par 500 seers feet. Note: Data relating to Employment per 5100.00 sates: sales per square fool: percent offered pard leave; and percent offered health care from DOR end ESD Land Uses 2008 Total Wses c Yo Y A n 4111- 1. g ; a i. R 4 i W Retail trade 534,53x.922 1,469 S23.670 Accarnmodation and food services 514,934,761 1,119 513,350 'Light Industrral/R6D Flex 578.050,633 1,307 . 568,196 Urece/Medlcat 535.787,681 747 547.926 Source Empbymw4 Sacurry DeWemOn1 'Because Light Industrial/R&D Flex Uses and OflIce/seedical Uses will need 10 compete for labor Stale wide, wage rates for there uses used a combination of State wide and Yakima averages for specific occupations. Land Uses CONSTRUCTION LABOR 0 7 >3 c E w r it E. >w Multi amlly 5346,398,000 1.271 5272,539.73 Other Construction Commercial 55,132.606.000 14,537 5353.072.02 Water 8, Sewer ad/1,b/4,00u 4,5.12 5192,337.60 Power & Communication 5583.724 000 3,913 5149.175.57 Land Development 5323,116,000 995 5324,739.70 Highways and Streets 52.533,225,000 9,466 5207.613 04 Average Other Construction 50,444,347,000 33,443 5282,401.31 Source U 3 Census D lUauiyaeUV 1 inch equals 1,100 feet rige Proposed Yakima RDA MT, Lift Transportation Projects Greenway Path Attachment H Yakima Revenue Development Area (RDA) o e 1 inch equals 2,500 feet ® Proposed Yakima RDA m■®a Lift Transportation Projects Greenway Path Attachment H-1 Yakima Revenue Development Area (RDA) e ® Proposed Yakima RDA 1 inch equals 1,100 feet Attachment H-2 Yakima Revenue Development Area (RDA) Proposed Development Plan 133i01 UC tK 01C o (t uos;do) DVIU S3111/11011111/11.11433NO3 mums* otivnor A1iwv1! mooalno e'mowNn MAY Wel : YiW aut *WW111I t 01I4111,e it Mrs t Most f 11MI0a41VI M.. : 11110111000111 /I Wen 1100.11100011111 MaIA IAo AL lIOV A 1 1 ATTACHMENT I YRDA PRIVATE AND PUBLIC PARTNER DOCUMENTATION McDOUGAL B ROS. RECEIVED JUN I 9 2008 CITY OF PLA N NG pry, Attachment I June 17, 2008 Mr. Bill Cook Director, Community & Economic Development City of Yakima 129 North 2nd Street Yakima, WA 98901 Re: Redevelopment of 208AC Former Boise Cascade mill complex in Yakima Dear Bill, As the owners of the 208 AC former Boise Cascade mill site in Yakima, we have been very pleased with the partnership we have developed to date with the city towards redevelopment of this key project. Located as it is in such a critical location for your city's future, we are looking forward to continued progress towards completion of this property's development plans. As you have indicated to us, we can expect to shortly have the property's rezoning completed. We would anticipate concluding a Development Agreement and related co -financing agreements for site improvements with City Hall shortly thereafter. As you know, since the mill closed in 2006, we have been working consistently to prepare the site for development including. demolishing old mill structures, completing general plan updates and applying for a rezoning of the property to allow for `mixed-use' development, completing a traffic study and traffic impact analysis, completing an economic impact analysis of the project, co -financing and executing with the city of Yakima a Phase II environmental investigation of the entire mill complex, and entering into a variety of discussions with potential investors and key end-user/tenants interested in developing or locating on the former mill site property. In all of these essential `pre -development' activities we have seen a strong potential demand for the property and an extraordinarily high interest level in the community for successful redevelopment of this critical property — which most of the community obviously regards as a key "asset" for their future as residents of Yakima. We agree. As we have often discussed with you, Mayor Edler, the city council, senior city management, and the rest of the community leadership, it is readily apparent to our ownership group that there is significant latent demand in the Yakima region for a new supply of prime, freeway -served real estate to add needed inventory to the local stock of job -creating business and industrial parks, modem pedestrian -oriented retail, auto retail, affordable housing and public facilities — in other words, all product types. PO BOX 518, CRESWELL, OR 97426 600 DALE KUNI RD, CRESWELL, OR 97426 Fax.541.895-8787 Te1.541-895-8788 Mr. Bill Cook June 17, 2008 Page 2 of 2 RECEIVED JUN 1 9 2008 CITY OF PLAMA YfW Due to the intended affects of the Growth Management Act, prime, infill, freeway - accessible real estate within an urban core is a rarity in the Pacific Northwest. Indeed, we believe that this parcel is one of the largest — if not the largest — freeway adjacent urban infill properties in the State of Washington. All of our discussions with prospective purchasers of any `finished' parcels within our proposed project have immediately observed these unique qualities of the site. The uniqueness of this property — and the unique quality of development possible -- has been a key aspect of the careful land and infrastructure planning that has gone on to date with the project. Indeed, we were delighted that the city of Yakima received the support in March from the SIED board to study associated critical infrastructure issues and other redevelopment needs for the site. The entire Central Washington regional economic development community has similarly been very supportive of this redevelopment effort and we are pleased to have the region's continued support. Given the site's proximity to both downtown Yakima [only about 4 blocks from the site to the convention center and only 10 blocks from city hall] and the immediate adjacency to both the Yakima River and the Yakima Greenway, it is apparent that successful development of this project can completely transform Yakima's urban core and lead an economic and aesthetic renaissance of truly historic proportions. As we have been noting, the former Cascade lumber mill represented the first 100 years of Yakima's economic history. It is our mutual goal to ensure that this mill site redevelopment project is a cornerstone of Yakima's successful transition into the next 100 years of the community's highly proms future. Accordingly, we eagerly look forward to continuing a close engagement with the city of Yakima on a public-private partnership basis to successfully execute this critical redevelopment project. Continued discussions about this site as the premier site in Yakima for the new regional aquatics center are very muchanimportant priority for us over the next several months. We are similarly looking forward to continuing discussion about our project with the Washington Community, Trade and Economic Development Department [CrED] and the Washington Community Economic Revitalization Board [CERB] as your application to the LIFT program is submitted and considered. Youx .tyl Larry O.Odea for LeeLynn, Inc. and Wiley Mt, Inc., Owners cc: Greg Demers cc: Brad Hill June 19, 2008 RECEIVED JUN 2 3 2008 SANDOR DEVELOPMENT COMPANY Cn COMMERCIAL & INVESTMENT Mr. Bill Cook Director, Community & Economic Development City of Yakima 129 North 2"d Street Yakima, WA 98901 Dear Mr. Cook, Attachment I As you know, our firm has been looking for approximately 40 acres of retail property in the Yakima urban area on which to site a large national retail tenant -anchored neighborhood retail center. As part of our regional evaluation, we have been in introductory discussions with the owners of the former Boise Cascade mill site about their mixed use development plans for their 208 -AC project immediately adjacent to the 1-82 freeway in Yakima. Preliminarily, this former mill site appears to represent a highly -attractive location to consider for our retail project. Any site as visible and as well -located as this particular project - and which is adjacent to a major freeway generating over 40,000 trips per day — would be considered "prime" urban real estate with exceptional promise to retail developers like our organization. Furthermore, we understand the City of Yakima is applying for a State of Washington "LIFTT" designation of this project area in order to capture tax -increment financing options for infrastructure construction. In many other similar markets around the country where Sandor Development has operated and developed over the last 20 years, we have seen this type of economic development financing succeed greatly in helping communities execute critical redevelopment objectives. I wish you the very best with your application. We look forward to continuing our discussions about this site as our evaluation of investment opportunities within the Yakima region unfolds. Sincere h Simon Sandor Development Inc. Cc: Brad Hill, Yakima Resources, LLC Sandor Building • 2220 N. Meridian St • Indianapolis, IN 45208 • (317) 925-9011 • Fax (317) 927-0725 5725 N. Scottsdale Rd., Suite C-195 • Scottsdale, AZ 85250 • (480) 949-9011 • Fax (480) 949-9020 www.sandordev.com THE NEXT GENERATION June 10, 2008 Mr. Greg Demers Frontier Resources, LLC 25310 Jeans Road Veneta, Oregon 97487 Dear Greg: OF EXCELLENCE Attachment I I would formally like to present you with this non-binding letter of intent on behalf of the Hahn Motor Company. As per our conversation on possible development at the old Boise Cascade site, we would like you to consider allowing us to purchase up to 10 acres of commercial property. This land will be for expanding our dealership operations here in Yakima. The Hahn Motor Company has been located at 1201 South 1 s` Street in Yakima for the past 63 years when it was built by my grandfather in 1945. At that time, the facility was state-of-the-art, but as you can imagine we have grown substantially since then. We have expanded the number of vehicle manufactures we represent, and now our company is facing substantial requirements that will mandate us to separate our automotive dealerships. We currently have three franchises; Chrysler, BMW, and Mercedes Benz, and are under consideration of adding additional ones in the near future. Our present location is insufficient to accommodate this type of growth, so we must look for other areas to expand. While we desire to:remain in the City of Yakima, there are limited opportunities to acquire sufficient acreage with the type of visibility and freeway access that a dealership with our franchises requires. In addition, we are under great pressure by one manufacturer to move our core operations 85 miles east of Yakima to the Tri Cities. This is an idea that I would not like to entertain at this time. We look forward to working with you on this transaction, and we substantially support your efforts in working with the City of Yakima on the redevelopment of this site. Sincerely, (/(u74.l t7 16/„ Douglas C. Hahn Mercedes-Benz CH/WY SLEE2 IENOINEEFIEO BEAUTIFULLY From:National Development Council 206 448 5246 06/27/2008 16:37 #022 P.002/002 f� June 30, 2008 Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application Ladies and Gentlemen: THE NATIONAL DEVELOPMENT COUNCIL" Attachment I The National Development Council has worked for the City of Yakima on economic development and housing activities for the past five years. Our firm underwrites the city's HUD Section 108 Economic Development Loan Fund, and also helps to identify projects and investors for the New Markets Tax Credit program, of which NDC is a recipient. NDC has consulted with the city in planning for the redevelopment of the former Boise Cascade Sawmill and Plywood Plant. We believe that it is an ideal project to fully utilize the benefits of the LIFT program. With interstate frontage on a vacant piece of urban infill property, there will most certainly be a significant increase in local and state revenue as the site is redeveloped. The city's federal Renewal Community tax incentives will most certainly have a positive influence on investment decisions by firms from outside Central Washington. NDC has included the Yakima Revenue Development Area on its list of projects for allocation of New Markets Tax Credits from the U.S. Department of Treasury. The availability of NMTC can leverage millions of dollars of private equity into YRDA development projects, lowering the cost of capital for development in an economically distressed area. Redeveloping the Yakima sawmill should be as high a priority for the state of Washington as it is for Central Washington_ NDC stands ready to serve as a partner in this regional initiative, and we urge your strongest consideration of this proposal. Sin ely, John Finke Director Seattle Office 1125 4th Avenue, Suite 608 Seattle, IFA 98101 TEL (206) 441-3611 FAX (206) 448424-6 JUN -24-2008 TUE 02:23 PM BOARD ©J d hislrrrt_Ons� Michael l D.1_eftr FAX NO. 3425183 KIMA COUNTY .ti District Twu Ronald F Gamache June 20, 2008 t:: ,t ,l,uttity lice?n•.1nuic Rt'?iI.Jj7Ittiott Board 1)eparutt2nt of ConlnmoiLy, Trade and Economic Development 128 loth Avc,tteu Skil, 4th Flour Olympia WA 9,-)504 P. 02 Attachment I C*1 1COiMMJSS1QNE13S 0. * icThr,c; Rand Elliott 121?. Yakii to I.11(i' Application policy and Ch,'itticin:rl: ,11w liniutl of Yakima C'uunty t.'ommissiotters is pleased to submit this letter of support and commitment to the Oily of V.tkirn.t'a 1.c cu1 l:tt'iastnrcture Inflaming Tool (1AFT) application for funds. The redevelopment of the former Yakima Sam tull'Piywcxod Plant atnl surroutiding, arra is n regionally significant project that will prnvicle ccononti.: impact:; to a y;rlctny orinttustties that are important to the Yakima Valley Economy. The site is projected to create over 3,000 jobs ane l;en rate 1 billion of ii vctiltrtent over a ducede providing business mid employment o porlutritiec for rv3iticnlh witicict Yakima County ',toil our greater region. Yaklina ['aunty has invested its own .09 soles tax funds through the SIET) program to help the city prepare its economic tutalysii and irlfrasiru.•turc e.stitnnutes for ibis application, and tvn are prepared in continue with addititntal auppoI t !)ttut 11+rs program for future planning and construction activities. The county's Public Set -vices Department has shared icrfi',rttt:siion •uul wtttkerd with the properly.ownctx ail(' the city to decry[ a public road systctu drat cttnneci5 with fittlue cot, rty toad; that will save tiro rapidly growing arcus to the cast of the Yakirna Diver. Yakima County 1)eveloptr[cnt Association has also listed this site. as a top regional priority for our eeonotuic dvw irlpinent and job itrowih for the: next r1,•rado at: part of its long tangy plaretiui efruriti that were completed in 2007, titled "111t;apt int Yakima.- Th.: akittta•-Th.; Yakima 1.11"f project is the only proposal from the I3w, 14th ancj 15th Lcj;islalive Districts, and enjoys a bro,u1 base ol'support t111)11,11ULit the ml of t. As the principal city of Ccntrr 1 'Wtrsltiugton, and the gateway to Wachingtou Witne Country, n significant 1.11•'1` investment for Yakima will positively impact ibis region. Wu urge your strongest cutnsitlrrr:ticrn for ihiy tntl,art int project. Bourd of Yakima County ('ominissione - �l5 `^'1 ems. � df _•, ,o..�=�=:-`. Rona ' Gatnnache, Chairman Elliott, ('ontntissioncr Michael I). Leila, Commissioner 12R No:tlt 5;ceoort Ctreet • Yakima, Was! ti,ulurt 96001 • bU9-574.1500 • FAX 50e9-574.1501 >VISI*N YAKIMA In COUNTY DEVELOPMENT 2 ASSOCIATION FAX 509-575-1508 509-575-1140 June 16, 2008 Matt Ojennus LIFT Program Department of Community, Trade and Economic Development PO Box 42525 Olympia, Washington 98504-2525 RE: Support for City of Yakima LIFT application Dear Mr. Ojennus: Attachment I The Yakima County Development Association strongly supports the City of Yakima's LIFT application to redevelop the former Cascade sawmill site. This project is a preeminent development that will positively impact the image and economic vitality of the Yakima region. A newly completed economic analysis indicates that redevelopment of the former sawmill site will stimulate more than $1 billion in total new direct economic activity in the Yakima Valley. co The site contains 220 acres of premiere interstate frontage property that is poised for 0 development. The project will enhance the entrance to Yakima but it will also help Oa positively reshape. the entire region's appearance. The site will support mixed use = development includingretail,.. commercial, office and light industrial space. The • redevelopment will also help reconnect the Yakima River and the Greenway path to the City of Yakima. Reestablishing pedestrian and bike condors to this beautiful riparian .41 area is a huge step towards improving the City's quality of life. c We hope the CERB Board seriously consider the merits of Yakima's LIFT application. ▪ This is a "build it because they are coming" application and the state's investment in this project will be retumed many times over the next generation. This project is critical to economic diversification in Yakima County and will serve as a vibrant entrance to the Yakima Valley. P. 0. Box 1387 Sincerely, David McFadden President Attachment I Yakima Greenway Foundation Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application RECEIVED JUN 1 6 2008 CITY fOMMUNITY DEVELOPMENT The Yakima Greenway Foundation has been asked to comment on the LIFT application by the City of Yakima. As a significant property owner and the manager of many publicly owned properties that are inside the proposed Revenue Development Area, the Greenway is vitally interested in this project The Yakima Greenway Foundation operates a system of parks, playgrounds, trail head parking lots, river access points, fishing ponds and other outdoor recreation opportunities as well as the ten -mile long pathway that connects Yakima, Selah and Union Gap together with an off-road, non -motorized transportation network. The Greenway is viewed as being in the forefront of regional efforts to improve the image of Yakima and enhance tourism and recreation. We view the opportunity of having such a large scale, vacant and available piece of property available so close to the community core as a very unique and positive asset. The positives of this redevelopment go far beyond the boarders of the. RDA, extend outward in a regional manner. This.developmentwill enhance and encourage multi -modal transportation by creating a direct link for the Greenway into a regional commercial center, which Will allow bicyclists to access employment centers via the Greenway from West Valley to Terrace Heights, East Valley, Selah and Union Gap. The development of the site will create a seamless transition from the downtown, hotel district and the Greenway that is not easily accessible today. The Greenway has had the opportunity to consult with proponents of this project and we are very excited abou► opportunities for it y and awua oppvew�aica the community visitor alike to have; two regional amenities directly linked in a way that one enhances the other. When complete, this mixed use development will be a defining point in the future of a viable, vibrant Yakima. The Greenway fully supports the action of the City of Yakima in this application. rown Executive Director Yakima Greenway Foundation 111 South 18th Street • Yakima, WA 98901 • 509-453-8280 • FAX 509-453-0318 • E -Mail info@yakimagreenway.org www.yakimagreenway.org Washington State ®ar Department of Transportation Paula J. Hammond Secretary of Transportation June 5, 2008 Dave Edler Mayor, City of Yakima 129 N. 2nd Street , Yakima, WA 98901 Dear Mayor Edler, South Central Region 2809 Rudkin Road, Union Gap P.O: Box 12560 Yakima, WA 98909-2560 (509) 577-1600 TTY: 1-800-833-6388 www.wsdolwa.gov p 777 CITY Y i .,.!;IMA JUN 0 6 2008 OFFICE 07 CITY COUNCIL Attachment I WSDOT would like to lend our support for your efforts to obtain a LIFT grant to make infrastructure improvements at the Yakima Resources property along I-82. This property is on a vital transportation corridor through the City of Yakima and will need significant transportation iniplovements. WSDOT continues to work with the City, County, and other local agencies to improve access to the State and local roadway system. Other improvements such as enhancing the bike, pedestrian, and transit facilities adds multi -modal functionality as well. WSDOT recognizes this as a regionally significant area and we fully support your efforts to improve transportation as it serves the property. Infrastructure improvements are costly, but vital for any area that wants to develop. This LIFT grant will go a long way toward providing needed services and we hope that you are successful with your application. Sincerely, Don Whitehouse, P.E. SC Regional Administrator P:\459005\Office_Admin\Letters\Sawmill Mall LIFT letter of support.doc June 23, 2008 DEPARTMENT OF PUBLIC WORKS PARKS & RECREATION DIVISION 2301 Fruitvale Blvd., Yakima, Washington 98902 Phone (509) 575-6020 • Fax (509) 575-6238 "THE BENEFITS ARE ENDLESS" Attachment I Yakima Parks and Recreation fully supports the City of Yakima's application to the LIFT Program for redevelopment of the former Boise Cascade Sawmill area. The Yakima community is in the process of pursuing a $33 million regional aquatics center. This site ranks #1 in our preliminary site evaluations for many reasons, including: • Direct access for east Yakima neighborhoods that do not have any public pools. • Strategic and accessible location to serve residents of surrounding communities of Selah, Union Gap and Terrace Heights. These communities may be part of the Public Facilities District that would finance the project. • Donated land space from the property owners. • Available development space adjacent to the aquatics center for the additional amenities that will be in demand by users of the center, including restaurants, hotels, shopping, etc. Without infrastructure connections and improvements to the sawmill site, the aquatics center project cannot happen at this site. The perception of environmental contamination and abandonment that this site reflects will also continue to worsen and affect our popular sports tournament business along the I-82 corridor. In addition, the surrounding neighborhoods to the Revenue Development lack recreational amenities, and improved connections to the Yakima Greenway, Yakima River and Rotary Lake will enhance the quality of life for the residents of our poorest neighborhoods. Thank you for your consideration of this important project for our region. Sincerely, Denise Nichols, Manager Yakima Parks and Recreation Athletics 575-6020 • Aquatics 575-6046 • Community Enrichment 575-6020 • Fisher Golf Course 575-6075 • Park Maintenance 575-6020 • Senior Citizen Center 575-6166 • Tahoma Cemetery 575-6026 Yakli, • TIP 1994 2301 Fruitvale Blvd. Yakima, WA 98902 24 June 2008 Mr. Michael A. Morales Economic and Community Development 129 North Second Street Yakima, WA 98901 Dear Mr. Morales: City of Yakima, Transit Division Yakima Transit 575-6175 Dial -A -Ride 575-6054 Transit Administration575-6005 Attachment I RECEIVE JUN 2 5 200x, CITY Or 'YAKIMA COMMUNITY DEVELOPMENT We are writing to affirm our support of your request for funding participation in the Local Infrastructure Financing Tool (LIFT) program through the Washington State Community Economic Revitalization Board. These monies will be used. to de- velop the area at the former Boise Cascade/Yakima Resources operation. Currently, Yakima Transit provides fixed route service to adjacent neighborhoods surrounding the proposed development and with the possibility of a new east/west connector over the Yakima River into the Terrace Heights community, our system could readily expand to cover this location. That is important because Federal and State assistance on similar projects require public transportation accessibility to any project site. Transit can also accommodate pedestrians and bicyclists through the placement of shelters along the route and using the bike racks mounted on the front of our buses. Statistically, Yakima Transit carries 1.25m. riders annually. For a system that only serves a population base of less than . 100,000 residents, that is extraordinary on just eleven bus routes with thirty and sixty minute headways. Our existing system already has the capacity to serve this developing area; which should encourage pro- spective tenants with their potential of 3,000 new jobs, to consider this location. Cc: Chris Waarvick Ken Mehin Yakima Transit, the neighborhood bus! PACIFIC NORTHWEST UNIVERSITY OF HEALTH SCIENCES June 25, 2008 Attachment I Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application Ladies and Gentlemen: Pacific Northwest University of Health Sciences (PNWU) is the Pacific Northwest's first new medical school in 60 years. Our mission is to train, educate, and encourage scientific research for health professionals who will provide quality care to all communities of the Pacific Northwest, particularly underserved populations. PNWU will be a world-class medical school staffed by top caliber academic instructors and practicing physicians from both the osteopathic and allopathic professions with a student body of 280, and graduating 70 new physicians per year. Based in Yakima, in the heart of a medically underserved population, this new medical school will make a significant contribution toward solving the region's health care crisis, and will substantially increase the number of new .practicing physicians each year, and will enhance the quality of life for residents of Central Washington. PNWU is constructing a 60,000 square foot state-of-the-art facility on a 42 acre campus less than 2 miles from the Yakima sawmill. Our ability to recruit and retain faculty and physicians is enhanced by the availability of key quality of life attributes in our community. For this reason, PNWU supports the Yakima Sawmill Redevelopment Project. The key infrastructure investments that this project will bring will strengthen PNWU's connectivity to the urban core of Yakima through multi -transportation options for our students, faculty and staff to live, work, play and shop. Furthermore, the vision for a research, development and tcld_Viogy campus adjacent to Al underserved neighborhood is key to the growing the medical industry in the Yakima Valley. We are pleased to submit this letter of support and commitment to the City of Yakima's Local Infrastructure Financing Tool (LIFT) application for funds. The redevelopment of the former Yakima Sawmill/Plywood Plant and surrounding area is a regionally significant project that will provide economic impacts to a variety of industries that are important to the Yakima Valley Economy. Sincerely, Timothy C. Morris Vice President Pacific Northwest University of Health Sciences is an affirmative action, equal opportunity institution. 111 S. 33rd Street, Suite 202 05 Yakima WA 98901 ctr Ph (509) 452-5100 of Fax (509) 452-5101 es www.pnwu.org ATTACHMENT J REGIONAL SUPPORT Olympia Address: PO Box 40414 Olympia, WA 98504-0414 E-mail: king.curtis©leg.wa.gov June 17, 2008 Washington State Senate Senator Curtis King 14th Legislative District Community Economic Revitalization Board Department of Community, Trade & Economic Development 128 10th Avenue SW, 4th Floor Olympia, WA 98504 To whom it may concern: Attachment J Telephone: (360) 786-7626 FAX: (360) 786-1999 Toll -Free: 1-800-562-6000 I am writing to express my support for the Yakima Sawmill Local Infrastructure Financing Tool (LIFT) application. The City of Yakima is applying to the CERB for up to $25 million from the LIFT program. The funds will be used to finance bonds that will pay for infrastructure improvements to redevelop the former Boise Cascade/Yakima Resources Sawmill and Plywood Plant. This is the only project in Central Washington seeking LIFT monies. The plans for the site are a mixed use commercial, retail and recreational center that will serve as a major gateway to the region. This plan is a perfect match for the Yakima Valley's growing wine, agriculture and recreation tourism industries. When the sawmill closed in 2005, over 100 workers lost their jobs. LIFT financing would help redevelop this site, thus improving our economy. This project is vital to the Yakima area as it will create jobs and bring back to Yakima's core both commercial and residential growth. I wholeheartedly support the funding and implementation of this project. Please let me know if I can be of further assistance. Sincerely, Senator Curtis King Committees: Early Learning & K-12 Education (Ranking Republican Member) • Economic Development, Trade & Management • Labor. Commerce. Research & Development • Transportation a Rteyzlm Olympia Office: 107 Iry Newhouse Building PO Box 10415 Olympia, WA 98504-0415 Phone: (3601 786-7684 PAX: (3601 786-7173 e-mail: Honeyfordjim@leg.wa.gov 11 June 2008 Washington State Senate Senator Jim Hone ford 15th Legislative District Kate Rothschild, Manager Community Economic Revitalization Board Department of Community, Trade and Economic Development PO Box 42525 Olympia WA 98504 Re: Yakima LIFT Application Dear Ms. Rothschild: RECEIvU JUN 1 6 2008 CITY ur YAKIMA • `:IMMUNITY DEVELOPMENT All of Klickitat and Skamania counties, south Yakima County and southeast Clark County Attachment J The Yakima Sawmill and Plywood plant closed in 2005 leaving a 205 -acre hole at the Gateway to Washington Wine Country. The City of Yakima is applying to the Washington State Community Economic Revitalization Board (CERB) for up to $25 million from the Local Infrastructure Financing Tool (LIFT) program. LIFT funds will be used to finance bonds that will pay for infrastructure improvements needed to redevelop the former Boise Cascade/Yakima Resources Sawmill and Plywood Plant. This is to advise you that 1 am in support of their request. Following are some points of consideration: • The economic benefits to the region and state will more than offset the financial investment T"'""'"1 to provide iii-fr ,*T1r'tiire for the site, taav • ary aaaaa waw Fav baa - •v. • Redevelopment of the site will enhance connections to the Yakima River Greenway, and encourage multimodal transportation to and from a major commercial, residential and employment center. • Yakima has a great need for open space within the city limits to provide for commercial and light industrial development that is in close proximity to other amenities desirable to a skilled and sophisticated workforce. • The plan for mixed use development is the perfect match for the Yakima Valley's growing wine, agriculture and recreation tourism industries. • The plan calls for responsible development that both utilizes and preserves connections to our valuable natural resources. • The amenities that could be offered by the site's redevelopment fit into the long term vision for the area, which calls for additional tourism and recreation facilities, and linkages to the Pacific Northwest Health Sciences University. Committees: Water, Energy & Telecommunications, Ranking Member • Consumer Protection & Housing. Ranking Member • Ways & Mean., • The project helps bring commercial and residential growth back to the core area of Yakima, instead of encouraging sprawl. • Using the state's model formula for gauging economic impact, the fully built out site will create over 3000 jobs and have a $1 billion impact. • LIFT financing will help redevelop a site that suffers from the negative perception of environmental contamination. • Central Washington has not utilized the LIFT program, and we ask that you consider that Yakima is the principal city and the center of regional commerce. As noted above, the funds requested by the City of Yakima will help provide infrastructure needed to redevelop the site into a mixed use commercial, retail and recreational center that will greatly enhance the image of the region and thereby create a significant economic impact to the Yakima Valley. Your favorable consideration of this request will be greatly appreciated. Sincerely, im Honeyford State Senator 15`h Legislative District filch LA13OR, COMMERCE, RESEARCH & DEVELOPMENT RANKING REPUBLICAN WATER, ENERGY & TELECOMMUNICATION June 16, 2008 Washington State Senate SENATOR JANF.A HOLMQUIST 13TH LEGISLATIVE DI.STRICT Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application EARLY LEARNING & K-12 EDUCATION ASSISTANT RANKING REPUBLICAN TRANSPORTATION Attachment J Members of the Community Economic Revitalization Board, I am writing this letter to recommend the City of Yakima's LIFT Application to redevelop 205 acres of the former Boise Cascade/Yakima Sawmill and Plywood Plant. Each month, I drive by the site on the way to my "Yakima County District Office Day" in Moxee. The property's barren landscape needs redevelopment to improve the site's aesthetic value. This funding would convert the vacant and sterile industrial nature of the property to a vibrant and active area of Yakima. Funding will help stimulate the local economy. The City believes redevelopment will create approximately 3,000 jobs and generate over $1 billion in additional economic activity. As a state legislator and friend of Yakima, it is apparent the positive impact a full redevelopment of the site will have on local economic activity and increased tax revenues for the both the State and City. In summary, the project will enhance Yakima's beauty, augment local and state tax revenues without raising taxes, and stimulate the economy. I believe these reasons justify an investment in Yakima. Thank you for your due consideration of my recommendation of Yakima's LIFT Application. If you would like to discuss my recommendation further, please contact my legislative office at 509-766-6585. Sincerely, Senator Janea Holmquist 13`" Legislative District cc: Michael Morales, Dept. of Community and Economic Development LEGISLATIVE OFFICE: 106 IRV NEWT IOUSE BUILDING, PO BOX 40413. OLYMPIA, WA 98504-0413 • PHONE: (360) 786-7624 E-MAIL: holmquist.janea@leg.wa.gov • FAX: (360) 786-7819 • LEGISLATIVE FIOTLINE: 1-800-562-6000 • TDD: 1-800-635-9993 IN GOD WE TRUST STATE. REPRESENTATIVE 14th DISTRICT MARY SKINNER REPUBLICAN CAUCUS VICE CHAIR June 2151, 2008 State of Washington House of Representatives Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, WA 98504 CAPITAL BUDGET APPROPRIATIONS SUBCOMMITTEE ON GENERAL AUDIT & REVIEW RECEIVED JUN 2 5 2008 CITY OF YAKIMA COMMUNITY DEVELOPMENT Attachment J I would like to express my support for the redevelopment of the Boise Cascade/Yakima Resources Sawmill and Plywood site. The Local Infrastructure Financing Tool (LIFT) financing would greatly enhance the community and create long-term growth for the entire Yakima Valley. The City of Yakima has the vision to foster economic growth while enhancing parks, trails and open spaces. The redevelopment of the site will enhance connections to the Yakima River Greenway and encourage multi -modal transportation to and from major commercial, residential and employment centers. Utilizing Washington State's model formula for gauging economic impact, the entire site will create over 3,000 jobs and have a $1 billion impact. Along with the Yakima Valley's growing wine, agriculture and recreation tourism industries the project will help create a core economic center for Yakima. The project benefits to the region and state will offset the initial financial investment provided by the taxpayers via the Washington State Community Economic Revitalization Board (CERB). It is my hope that CERB will approve the $25 million in LIFT funds to the City of Yakima for the redevelopment of the Boise Cascade/Yakima Resources Sawmill and Plywood site. Sincerely, Ai- 44;1,4, Mary Skinner Washington State Representative 14th Legislative District LEGISLATIVE OFFICE; 434. JOHN L. OBRIEN BL1ILDING. PO BOX 40600. OLYMPIA. WA 985040600 • 360.786-7810 TOLL-FREE LEGISLATIVE HOTLL\E: 1-800-562-6000 • TDD: 1-800635-9993 PRINTED ON RECYCLED PAPER STATE REPRESENTATIVE 141h DISTRICT CHARLES ROSS ASSISTANT REPUBLICAN FLOOR LEADER June 20, 2008 State of Washington House of Representatives Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application Members of the Community Economic Revitalization Board: Attachment J PUBLIC SAFETY & EMERGENCY PREPAREDNESS ASST, RANKING MINORITY MEMBER LOCAL GOVERNMENT JUDICIARY APPROPRIATIONS The redevelopment of the former Yakima Sawmill/Plywood Plant and surrounding area is a regionally significant project that will provide economic impacts to a variety of industries that are important to the Yakima Valley Economy. This is the only Central Washington project from the 13th, 14th and 15th Legislative Districts, and I am writing to request your favorable consideration of this request. The Yakima Revenue Development meets or exceeds every eligibility and performance criteria established by the LIFT legislation through mixed use development that encourages multi -modal transportation. As a resident of Naches, the proposed connection to the Yakima River Greenway, coupled with the Greenway's efforts to extend the path to Naches is an attractive element of the project. Naches is still feeling the effects of our own mill closure, and I understand the importance of accelerating the redevelopment of this type of site through the provision of infrastructure. The project enjoys a broad base of support throughout the region, as evidenced by the many cities and organizations that signed on in support, and it is this type of regional collaboration that we envision when creating new programs in the legislature for the benefit of local communities. As the principal city of Central Washington, and the Gateway to Washington Wine Country, a significant LIFT investment for Yakima will positively impact this region. Sincerely, osommit St- • e esentative 14egis ative District LEGISLATIVE OFFICE: 418 JOHN L. 013HIEN BUILDING, PO 130X 40600, OLYMPIA, WA 98504-0600 • (360) 786.7856 EMAIL: ross.charles@lcg.wa.gov TOLL-FREE LEGISLATIVE HOT.LNE: 1-800.5432.6000 • TDD: 1-800-635-9903 PRINTED ON HECYCLI3D PAPER \ STATE REPRESENTATIVE I5Ih LEGISLATIVE DISTRICT ' BRUCE CHANDLER June 24, 2008 State of Washington House of Representatives Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10t Avenue SW 4th Floor Olympia, Washington 98504 Attachment J 427-B LEGISLATIVE BLDG. PO BOX 40600 OLYMPIA. WA 98504-0600 RECEIVED JUN 2 6 2008 CITY Oi- YAKIMA COMMUNITY DEVELOPMENT I welcome this opportunity to endorse the City of Yakima's proposal to utilize the LIFT program as one component of financing an exciting major redevelopment of the former Yakima Sawmill and Plywood Plant property. The project will bring significant new residential, commercial and light industrial growth into our Yakima Valley. The LIFT funding will provide the infrastructure necessary to make the project a reality. When completed, the development will have a profound impact on our entire region. It's potential to generate several thousand new jobs, enhance tourism and support our local businesses can reasonably be expected to create a billion dollar impact for Central Washington's economy and continue our steady economic growth. I strongly urge your support for the future of our entire Yakima Valley. Sincerely, 261>e -c Cat,/ Bruce Chandler LEGISLATIVE OFFICE: 360-786.7960 TOLL-FREE LEGISLATIVE HOTLINE: 1-800.562-6000 • TDD: 1-800.635-9993 PRu'1TED ON RECYCLED PAPER YAKIMA VALLEY CONFERENCE OF GOVERNMENTS Attachment J 311 North 4th Street, Suite 202 • Yakima, Washington 98901 509-574-1550 • FAX 574-1551 website: www.yvcog.org June 20, 2008 Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application SUBJECT: Support of Yakima LIFT Application To whom it may concem: RECEIVED JUN 2 4 2008 CITY OF YAKIMA COMMUNITY DEVELOPMENT Thank you for the opportunity to comment on, and add our support for the City of Yakima's application for Local Infrastructure Financing Tool (LIFT) program funds. YVCOG recognizes this as a priority project that would have a significant impact not only on the Yakima Valley's growing tourism industry butthe regional transportation infrastructure as well. From a transportation perspective, this project enhances multimodal capabilities, in effect creating a regional transportation hub including transit, bicycle, pedestrian, park -n -rides as well as a direct connection to the Yakima Greenway which extends from west Yakima to Union Gap. There are many reasons we strongly lend our support to this project, here are just a few; • Yakima Sawmill Revenue Development Area is one the most significant redevelopment opportunities for the city of Yakima since the construction of Interstate 82. • The economic benefits to the region and state will more than offset the financial investment needed to provide infrastrarture for the site. • This site is the gateway to the Yakima Valley, and is a vital part of the I-82 Corridor development. • Redevelopment of the site will enhance connections to the Yakima River Greenway, and encourage multi modal transportation to and from a major commercial, residential and employment center. • Yakima has a great need for open space within the city limits that can provide for commercial and light industrial development that is in close proximity to other amenities that are desirable to a skilled and sophisticated workforce. • The plan for mixed use development is the perfect match for the Yakima Valley's growing wine, agriculture and recreation tourism industries. • The plan calls for responsible development that both utilizes and preserves connections to our valuable natural resources. MEMBER JURISDICTIONS Grandview • Granger • Harrah • Mabton • Moxee • Naches • Selah Sunnyside • Tieton • Toppenish • Union Gap • Wapato • Yakima • Yakima County • Zillah Yakima LIFT Support letter 6/20108 Page 2 • The amenities that could be offered by the site's redevelopment fit into the long term vision for the area, which calls for additional tourism and recreation facilities, and linkages to the Pacific Northwest Health Sciences University. • The public-private partnership includes Yakima County, YCDAJNew Vision, City of Yakima, property owners and other potential local investors. • The project helps bring commercialand residential growth back to the core area of Yakima, instead of encouraging sprawl. • The site will provide opportunities for new investment from outside of Yakima, in addition to opportunities for expansion of local businesses: • Using the state's model formula for gauging economic impact, the fully built out site will create over 3000 jobs and have a $1 billion impact. • LIFT financing will help redevelop a site that suffers from the negative perception of environmental contamination. • Central Washington has not utilized the LIFT program, and we ask that you consider that Yakima is the principal city and the center of commerce for this region. YVCOG has successfully partnered with the City of Yakima in the past and we feel this project is an excellent opportunity to enhance both the regional image and tourism as well as bolster the regional transportation system here in Yakima Thank you for the opportunity to comment on this unique and well planned proposal. Sincerely, e Scott five Director Honorable Members of the 13th District Honorable Members of the 14th District Honorable Members of the 15th District Washington State Department of Transportation Yakima County Commissioners City of Moxee City ofNaches City of Selah City of Union Gap City of Yakima Yakama Nation Yakima Valley Conference of Governments Yakima Valley Chamber of Commerce Bucher, Willis & Ratliff Corporation Wide Hollow Development Ahtanum Ridge Business Park Yakima Herald Republic Associated General Contractors of Washington Westside Merchants Association Yakima Downtown Association Yakima Auto Dealers Yakima Greenway Foundation For A Better Tomorrow People for People Yakima Chapter of the WA Trucking Association International Longshore and Warehouse Union Local #19 Christa McAuliffe Academy Attachment J SWACTIJ: MOVING YAKIMA COUNTY'S TRANSPORTATION FORWARD June 13, 2008 RECEJVEL JUN 1 8 2008 Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SE, 4th Floor Olympia, WA 98504 RE: Yakima LIFT Application Ladies and Gentlemen: CITY ui- (HKlMA COMMUNITY DEVELOPMENT TRANS -ACTION, is a group of citizen volunteers, businesses, developers, elected and appointed government officials, and community based organizations dedicated to promoting regional transportation solutions that improve economic vitality and meet the long-range needs of the upper Yakima Valley. We strongly support and are a partner with the City of Yakima in efforts to redevelop the former Boise Cascade/Yakima Resources Sawmill and Plywood Plant. The transportation improvements needed to redevelop the sawmill site and surrounding area are part of the TRANS ACTION regional priority list, and we will continue to work with the City of Yakima to plan, design and secure financing for this project. The key transportation and economic benefits of this project are: ♦ Improvement of I-82/Yakima Avenue interchange; s Enhance connections to the Yakima River Greenway, and encourage multi- modal transportation to and from a major commercial, residential and employment center; • Improves visual elements along the I-82 corridors that will intern stimulate economic development, ignite community pride and enhance the tourism experience. TRANS -ACTION is a unified voice for the Yakima Valley on transportation issues, and we have worked hard together to advocate for projects that cross i»rieAintinnal }vvmAariae �nA nroviAe re -r-1 imnont ti,Qt 1aQAe to the overall �..aay..a....a...a.. a.....a.....aaw ...a.. rav • aa.v avbavlaau aaa1Yawr aaaaar aw..a.a ..v uav .. •vacua benefit of Yakima County. We urge your strongest consideration of this request. If you have any questions, please feel free to contact me directly at 509-728-3190. Sincerely, Trent Marquis, Chairman TRANS -ACTION ?1 Committee for Downtown Yakima Board of Directors Doug Picatti, Chairman Picatti Brothers Inc James E. Stickel, Vice Chairman Yakima Herald Republic John Baule, Treasurer Yakima Valley Museum Kathy Coffey Yakima Valley Visitor's and Convention Bureau Jack Cannon Designs 1TD Barbara Greco Fur a Better Tomorrow Joe Mann Ron's Coins and Collectibles Elizabeth M. McCirce JEM Development Mike McMurray Yakima Bears Professional Baseball Mike Morrisroe Yakima Clamber of Commerce Dave Pleat ti Cafe Melange Craig Rath \limber As'Large Monica Weyhc Yakima Valley Regional Library Dick Zais Yakima Ciry Manager Norm Johnson Yakima City Council Yaluma County Commissioner Th lead and implement the renaissance of downtown Yakima, making it the premiere gathering place of Central Washington. OPERATION DOWNTOWN RENAISSANCE June 16, 2008 RECEIVED JUN 1 5 2008 CITY OF YAKIMA COMMUNITY DEVELOPMENT Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, WA 98504 Re: City of Yakima LIFT Application Board Members, Attachment J I am writing to give your review team the full support of our organization in regards to the LIFT application submitted by the City of Yakima. All it takes is one visual look to realize the enormous economic potential the former sawmill site holds for the City of Yakima and its many quality of life and tourism initiatives. I am sure you are going to hear of the economic statistics that are being presented by the economic leaders of our community and those statistics by themselves make this project a prime candidate for LIFT funding. For our organization, we are most excited about this project because of the ramifications we believe it will have on the neighborhoods that border the project These neighborhoods have been in slow decline for twenty years and we believe the economic stimulus created by the sawmill project will raise the profile of this neighborhood and provide new opportunities for reinvestment in the neighborhood that years ago held some of Yakima's most desirable addresses. This project is vitally important to the City of Yakima's economic revival and overall sense of place. We urge you to support the application and help us guide our economic future. Sincerely, Sean Hawkins Deputy Executive Director 7 NORTH 3RD STREET 1 YAKIMA, WA 989011 509.225.2485 I www.downrownyakima.com I P.O. Box 88i YAKIMA, WA 98907 GREATER YAKIMA CHAMBER 0 COMMERCE June 13, 2008 Community Economic Revitalization Board Department of community, Trade and Economic Development 12810th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima Sawmill LIFT Application Dear Board Members: Post Office Box 1490 • www.yakima.org 10 North Ninth Street, Yakima, WA 98907 TEL: 509/248.2021 • FAX: 509/248.060 1 E MAIL: chamber@vakima.otg Attachment J Few communities can boast of having a 208 acre site adjacent to a highly traveled interstate highway, ripe for mixed use development, with owners ready to step forward and invest heavily to improve both the city's infrastructure and economy. Yakima can make this claim given our potential for redeveloping our old Boise Cascade Sawmill site. In fact, our Yakima Sawmill Revenue Development Area is one of the most significant redevelopment opportunities for South Central Washington that has come along since 1-82 was built. A recent study estimated the value of construction alone at $350 million dollars. The same study indicated the project could result in a net increase in Yakima's property tax base of $500 million dollars, while creating 3,901 permanent jobs at full build out. Construction jobs alone could reach to over 1,176. Yakima's retail sales tax base, one of the lowest in the state, could amount to over $68 million over the first 30 years, and property tax receipts for Yakima could reach $21 million during the same time frame. When combined, this community, which has struggled to grow and prosper, could realize over $717 million dollars in total combined State/Local tax benefits in the next 30 years. Obviously, the economic benefits to the region and state will more than offset the financial investment needed to provide infrastructure for the site. In business we are fond of saying, "It's all about location; location; location".This bit of wisdom certainly applies to the redevelopment prospects for Yakima's old Boise Cascade Sawmill location. This site is the gateway to Yakima Valley, and is a vital part of the 1-82 Corridor development effort Redevelopment of the site will enhance connections to the Yakima River Greenway, and encourage multi modal transportation to and from a major commercial, residential and employment center. The planned mixed-use development is the perfect match for the Yakima Valley's growing wine, agriculture and recreation tourism industries; industries with the greatest potential for growing the state's economy. The plan calls for responsible development that both utilizes and preserves connections to our valuable natural resources. The amenities that could be offered by the site's development fit into the long term vision for the region, which calls for additional tourism and recreation facilities, and linkages to the Pacific Northwest Health Sciences University located nearby. REATER YAKIMA CHAMBER OF COMMERCE Post Office Boa. 1490 • wwwyakima.org 10 North Ninth Street, Yakima, WA 98907 TEL: 509/248.2021 • FAX: 509/248.0601 E MAIL: chamber@yakiina.org Location plays a part in revitalizing a neighborhood that needs new investment. This project helps bring commercial and residential growth back to the core area of Yakima, instead of encouraging sprawl. LIFT financing will help redevelop a site that suffers from the negative perception of environmental contamination. Yakima's Sawmill Redevelopment Project is also a team effort. The public-private partnership includes Yakima County, YCDA/New Vision, the City of Yakima, and property owners with support from the Greater Yakima Chamber of Commerce and other potential local investors. The Greater Yakima Chamber of Commerce has long supported the state adopting the Local Infrastructure Financing Tool to make our state more attractive to prospective investors. However, Central Washington has not utilized the LIFT program, and we ask that you consider that Yakima is the principle city and the center of commerce for this region. The Greater Yakima Chamber of Commerce, representing over 1,000 local business owners and managers, urges the Community Economic Revitalization Board to approve Yakima's application for up to $25 million from LIFT to be used to finance bonds that will pay for infrastructure improvements needed to redevelop the former Boise Cascade/Yakima Resources Sawmill and Plywood Plant site. Sincerely, Michael P. Morrisette President & CEO VISITORS & CONVENTION BUREAU June 17, 2008 Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 41h Floor Olympia, WA 98504 RE: Yakima LIFT Application This letter is in support of the City of Yakima's application for $25 million to provide infrastructure needed to redevelop the former Boise Cascade/Yakima Resources Sawmill and Plywood Plant. Redeveloping the site into a mixed use commercial, retail, and recreational center will greatly enhance the image of our region, in addition to providing significant economic benefits to the Yakima Valley. The new lodging facilities along 1-82 at Exit 33A -are beautiful properties that will, in the near future, be able to provide boutique shopping and fine dining experiences. But the image to the north of the properties will remain the same without this funding — an undeveloped area that will greet visitors as they exit 1-82 into our community. Having lived in Bellingham prior to moving to Yakima last year, I saw the direct benefits LIFT funding has played in the rehabilitation of the Georgia Pacific Mill site on their waterfront. There are many players pushing for this project and I urge your approval of the City's application. Thank you for your consideration. hn Cooper President/CEO Representing the Cities of • Grandview • Granger • Harrah • Mabton • Moxee • Nacres • Selah Sunnyside • Teton • Toppenish • Union Gap • Wapato • White Swan • Yakima • Zillah 509.575.3010 • 800.221.0751 • fax 509.575.6252 • 10 North Eighth Street • Yakima, WA 98901 • yvvcb@visityakima.com • www.visityakima.com WINE YAKIMA VALLEY Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application Dear Sirs: Washington Slate's C)Iriesr Wine I?egion T4ikima,WA989031509-965:5201 I 1-800:255_7?76';` RECEIVED JUN 2 3 2008 CITY Ur i MKIMA c:OMMUNlTY DEVELOPMENT Attachment J On behalf of the wineries and wine grape growers of Wine Yakima Valley, we welcome and support the Yakima Sawmill development project. Our organization values the importance of projects such as this. The site is the gateway to the Yakima Valley, and is a vital part of the 1-82 Corridor which brings value to the community and region, and to the economic health of many businesses throughout this region. The recent signs of building renovation, increased tourism, new investments, and changes in the mix of services and activities point to a sound future. The grassroots nature ofthese successes is significant. The Yakima downtown has invested money, time, and heart into developing Yakima as the entry point to wine country. The Yakima Sawmill development project and the vision it brings to the community is the right next step. Thank you for allowing us to be part of this important and impressive venture. Please contact me if you have any questions. Barbara Glover, Executive Director, Wine Yakima Valley WINE TRAIL YAKIM.A VALLEY RECEIVED JUN 2 6 2008 CITY ur fikKiMA COMMUNITY DEVELOPMENT Attachment J Bonair Winery Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Claar Cellars Olympia, Washington 98504 Eaton Hill Winery RE Yakima LIFT Application June 20, 2008 Horizon's Edge Winery Hyatt Vineyards/ Roza Ridge Dear Members of the WA State Community Economic Revitalization Board, Maison de Padgett Winery The City of Yakima is applying to the CERB for funding from the Local Infrastructure Financing Tool program to finance bonds necessary for the redevelopment of the former Boise Cascade/Yakima Resources Sawmill Masset Winery Plant. The Rattlesnake Hills Wine Trail formally supports the redevelopment plan of the aforementioned site. Paradisos del Sol The Rattlesnake Hills Wine Trail is an association of sixteen wineries just outside of the city of Yakima and within the county of Yakima. These tourist Piety Flats Winery attractions are located south and east off 1-82. The primary mission of this association is to promote the wines produced in the Rattlesnake Hills American Viticulture Area and to promote wine tourism within the area Portteus Vineyards through high quality wines, education, and positive tasting room experiences. Severino Cellars Most of the visitors that tour the wineries (approximately 85%) are from areas outside of the region. Specifically, the bulk of our tourists drive to the area from the Seattle/0-5 corridor and travel over 1-90 to reach us. In doing Silver Lake at Roza Hills so, they pass the remains of the sawmill plant in.Yakima. Our Yakima county tourism is dependent on the success of the wineries. Steppe Cellars Many businesses benefit from the influx of money brought in through this facet The number of wineries opening, not just in Washington State but in almost every state in the nation, increases on almost a daily basis. The Teftt Cellars wine business in the United States is becoming one of the biggest tourism draws for local economies. However, competition from other wine producing areas is increasing as winery groupings such as those found in Two Mountain Winery Oregon become destination points. Oregon has a reputation as a beautiful place to visit Unfortunately, Yakima Zags in beautification due to the sawmill location. 509.965.4521 -- 888.375.7498 -- PO Box 1825 — Zillah, WA 98953 info@rattlesnakehills.com — www.rattlesnakehills.com Ri1 a sli alt a ill s WINE TRAIL YAKIMA VALLEY The city of Yakima has the infrastructure to support the tourism base, but the advantage is not evident when passing through the city on 1-82. Califomia and Oregon have beautiful by -ways that attract people from all over the world to their wine regions. Washington, as the second largest producer of wine in the nation, must follow suit by beautifying the approaches to the wine regions in order to compete in this global market. The redevelopment of the Boise Cascade Sawmill site is critical to the growing wine industry in the region, and therefore, to the economic stability of Yakima. Please approve the application for LIFT funds. Sincerely, Shannon M. Bird, Executive Director Rattlesnake Hills Wine Trail PO Box 1825 Zillah, WA 98953 509.965.4521 info@rattlesnakehills.com 509.965.4521 -- 888.375.7498 — PO Box 1825 -- Zillah, WA 98953 info@rattlesnakehills.com _ www.rattlesnakehills.com THE' VINEYARDS FINE WINE GREAT GOLF June 23, 2008 Community Economic Revitalization Board Department of Community, Trade' and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application To Whom It May Concern: RECEIVED JUN 2 5 2008 CITY OF YAKIMA COMMUNITY DEVELOPMENT Attachment J I am in support of the Local Infrastructure Financing Tool (LIFT) program. The economic benefits to Yakima and Washington State will more than offset the financial investment needed to provide infrastructure for the site. As a developer here in the Yakima Valley, the plan for mixed use development is the perfect match for the Yakima Valley's growing wine, agriculture and recreation tourism industries. The amenities that could be offered by the site's redevelopment fit into the long term vision for the area, which calls for additional tourism and recreation facilities, and linkages to the Pacific Northwest Health Sciences University. If approved, LIFT financing will help redevelop a site that suffers from the negative perception of environmental contamination. Font. -1 V,Vashington has not u$iIr rI tha 1 11T program anti wa aCk that vnii �..r ru ar vv®.� to ryav�r has ..vv .......�...... ,.. �.. program, y .... ... .... �._.. _._.' � consider that Yakima is the principal city and the center of regional commerce. Gary W. Scott Zillah Resort Investments, LLC Manager, Vineyards Property, LLC 507 N Ruby Ellensburg. WA 98926 Tel. 509-925-2122 Fac. 509-933-7221 wwwvineyardsresort.cnm Yakima Valley Sports Commission p 509.575.3010 f 509.575.6252 www.yakimasports.org (Sports commission) 10 N. 8th St. Yakima, WA 98901 June 19, 2008 Attachment J Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Washington 98504 RE: Yakima LIFT Application Dear Board Members: 1 am writing this letter in support of the City of Yakima's application for funds from the Local Infrastructure Financing Tool (LIFT) program. Any funds received from the LIFT program will be used to finance bonds that will pay for infrastructure improvements needed to re -develop the former Boise Cascade/Yakima Resources Sawmill and Plywood Plant along Interstate 82. I believe that this site's re -development is very important to the City of Yakima and the Yakima Valley. The amenities that could be offered by the site's re -development fit into the long-term vision for the area, which calls for additional tourism and recreation facilities, and linkages to the new Pacific Northwest Health Sciences University. Re -development of this site will also enhance connections to the Yakima River Greenway, and encourage multi -modal transportation to and from a major commercial, residential and employment center. As Chairman of the Sports Commission Committee, I know the value of tourism to our community. Re -development of the former Boise Cascade/Yakima Resources Sawmill and Plywood Plant would greatly enhance the 1-82 corridor and encourage even more visitors to visit the City of Yakima and the Yakima Valley. Thank you for your time and consideration. Sincerely, Gene Rostvold Chairman, Sports Commission Committee Yakima Valley Sports Commission a division of the Yakima Valley Visitors and Convention Bureau www.visityakima.com 800.221.0751 Attachment J CHINOOK J�, �l) ll •j ll l �•j •J Pjl!l , t June 24, 2008 Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, Wa 98504 RE: YAKIMA LIFT APPLICATION RECEIVED JUN 2 7 2008 CITY OF YAKIMA COMMUNITY DEVELOPMENT Over the past 35 years I have been involved in the beautification of our community and in particular the entrance to Yakima along the 1-82 corridor. I have been involved in bringing • revenue through .tourism and other business ventures to our area. It is my opinion the Yakima Sawmill Revenue Development Area is one of the most significant redevelopment opportunities for the City of Yakima. In the early 90's 1 had the desire to tum a once blighted area just off the Yakima Avenue exit and 1-82 freeway into a beautiful entrance to our city. We developed the Gateway Center that was anchored by Target With cooperation of the City of Yakima, the County of Yakima and the State of Washington we were able to tum this once blighted area into • an attractive entry to our City. I then went onfto develop two of the Revenue Development Area's borders: Marriott Fairfield 1nn78t Suites on the south, and Chinook Business Park on the north, which now houses the Coca Cola Bottling.and Distribution facility, Costco's Technical Supportm Center, and Tacoa Screw Products International Hardware Retail and Distribution Center. While these developments have provided'significant cornmunity benefits, the missing Zink in the chain that is the 1-82 corridor is the sawmill acreage. I am fully aware of the time involved and the challenges to be faced in taking on a development such as the City of Yakima is proposing. It will take cooperation between local businesses and goverhment agencies but the end results will be more than improved visibility from:the I.82 freeway. The Yakima RDA will create more jobs, revenue and the opportunity for ni rrnmms rmite to nrnw. Tha nrnnncarl 0avalnnment urill help bring ^"rnmerrial and residential growth back to the core of Yakima rather than promote urban sprawl, and will reconnect the Yakima River and Greenway with the core area. The Local Infrastructure Financing Tool (LIFT) program will enable Yakima to utilize funds to further achieve our goals to develop economic growth in our community. I strongly urge your board to consider granting the City of Yakima funding to construct the infrastructure improvements needed to redevelop the proposed area at the Yakima Resources Sawmill and PlvwnM Plant 1'4)1 North 4th Street. Yakima. ii A 4'6901 Phone: i 5UY 5'4- 3?;SY Fa \: t 509 J 574-3S91 � I Since 1946 Tacoma Screw Products, Inc. RECEIVED Corporate, 2001 Center Street, Tacoma, WA 98409-7895 U.S.A. Phone (253) 572-3444 tacomascrew com Fax (253) 272-2719 JUN 1 8 2008 Fasteners • Tools • Maintenance & Shop Supplies June 16, 2008 Community Economic Revitalization Board Department of Community, Trade and Economic Development 128 10th Avenue SW, 4th Floor Olympia, WA 98504 RE: Yakima LIFT Application Dear Board Members, CITY OF YAKIMA COMMUNITY DEVELOPMENT Attachment J Tacoma Screw Products, Inc. strongly supports the City of Yakima's LIFT application. The Boise Cascade/Yakima Resources Sawmill and Plywood Plant (the LIFT application site) along the I-82 corridor represents a vital property for continued commercial and light industrial development within the City of Yakima. It is also a most strategic property along Interstate 82, acting as the gateway to the Yakima Valley and to the area's growing wine country. We believe infrastructure improvements in this site, enabled and financed through the LIFT program, will stimulate and encourage significant investment from businesses outside of Yakima as well as from local investors. Tacoma Screw Products recently celebrated its first anniversary as a proud member of the Yakima community, having invested several million dollars in developing its 10,000 square foot Yakima Branch Store adjacent to I-82 immediately north of the LIFT application site. The Company's investment represents a long-term commitment to the Yakima area. We sincerely hope you, as a Board, share our enthusiasm and optimism for the future of Yakima and evidence your regard by approving the City of Yakima's LIFT application. Sincerely, Eric Niesz, CEO 13 Locations Serving the Great Pacific Northwest... Everett Kirkland Ballard Georgetown Bremerton Kent Port of Tacoma Airport Tacoma 2001 Carder SI 11200- 12081Ave NE 3930 Leary Way NW 1121SBailey& Olympia 8700 Malin Way E Portland 2797 NE Columba Blvd Yakima 711 East RSI 5241AuloCenle-Way 22123-841hAve 5 Pasco 8925 St Thomas Dr Boise 22305 Cie Rd 2222 Pal of Tacoma Rd PACIFIC POWER Yakima Operations Center 500 N Keys Rd. - Yakima, Wa 98901 Monday, July 13, 2015 CITY OF YAKIMA 129 N 2ND ST YAKIMA, WA ,98901 2637 i-77LU -> Susi ** Construction Notification ** Request #: 006033779 Job Site: N 10TH ST GATEWY ENT YAKIMA, WA 98901 We have received your contract for electrical service at N 10TH ST GATEWY ENT, YAKIMA , work request# "006033779". Please find enclosed a copy of the signed contract for your records. We anticipate that you will be ready for electrical service within the next 150 days as per the terms of the contract. Your request has been assigned to our local Site Agent, Nasario Cuevas. Nasario can be reached by calling (509) 575-3156. Russ is responsible for our crew schedule and will make sure that any other job requirements that may be pending on your request have been completed prior to scheduling. Russ will also conduct a final site inspection to make sure everything is ready for our line crews to begin construction. We will notify you if any corrections need to be made to your facilities prior to your scheduled start date*. Our records indicate that your Washington State Department of Labor and Industries electrical inspection ("Green or Amber Tag") has not yet been completed. We cannot energize our line until your electrical facilities has been approved by the State. The State L&I phone number is (509) 454-3760 if you require further information regarding the inspection process. Please call our Builder's Hotline at 1-(800) 469-3981 if you need to schedule a trench inspection, notify us of your state electrical inspection, or have any questions regarding the status of your request. We look forward to having you as a Pacific Power Customer! * Typically two to three weeks from the final site inspection. While we will make every reasonable effort to complete your request by the proposed schedule date, please keep in mind that widespread storm damage and other circumstances beyond our control may make it impossible for us to maintain our schedule. We will contact you again if re -scheduling is necessary. • • • (WA May2013 - NoRfnd) Account #45536401-238 Service ID #•571863565-002 Monthly 2557- GENERAL SERVICE CONTRACT (1000 KW OR LESS) between PACIFIC POWER and CITY OF YAKIMA C/C 11531 Request #• 6033779 Contract #• A y D This General Service Contract ("Contract"), dated June 12, 2015, is between PacifiCorp, doing business as Pacific Power ("Company"), and City of Yakima ("Customer"), for electric service for Customer's lighting operation at or near N 10th St. Gateway Entrance, Washington. The Company's filed tariffs (the "Electric Service Schedules" and the "Electric Service Rules") and the rules of the Washington Utilities and Transporation Commission ("Commission"), as they may be amended from time to time, regulate this Contract and are incorporated in this Contract. In the event of any conflict between this Contract and the Electric Service Schedules or the Electric Service Rules, such schedule and rules shall control. They are available for review at Customer's request. 1. Delivery of Power. Company will provide 120/240 volt, single-phase electric service to the Customer facilities 2. Contract Demand. The specified Demand in kW that Customer requires to meet its load requirement and Company agrees to supply and have available for delivery to Customer, shall be 5 kW (diversified, based on Customer's submitted Toad prior to the signing of this Contract) unless otherwise agreed in writing in accordance with the terms of this Contract. Within fifteen (15) days of the written request for additional demand, Company shall advise Customer in writing whether the additional power and energy is or can be made available and the conditions on which it can be made available 3. Extension Costs. Company agrees to invest $998 00 (the "Extension Allowance") to fund a portion of the cost of the improvements (the "Improvements") as per tariff. Customer agrees to pay Company the estimated construction costs in excess of the Extension Allowance ("Customer Advance") in the amount of $1,645.00, of which the Customer has paid $0 00 for engineering, design, or other advance payment for Company's facilities The balance due is $1,645:00. 4. Contract Minimum Billing. Customer agrees to pay a contract minimum billing (the "Contract Minimum Billing")during the first sixty (60) months beginning from the date the Company is ready to supply service. The Contract Minimum Billing shall be the greater of (1) the Customer's monthly bill; or, (2) $24 38 (the monthly facilities charge) plus eighty percent (80%) of the Customer's monthly bill. Billings will be based on Rate Schedule No 24 and superseding schedules The Company will reduce the minimum charges by the amount of the facilities charges associated with refunds due from additional applicants connecting to the Improvements 1 • • 5. Effective. This Contract will expire unless Customer signs and returns an original of this Contract along with any required payment to Company within ninety (90) days of the Contract date shown on page 1 of this Contract. 6. Term. This Contract becomes binding when both the Company and Customer have signed it, and will remain in effect for five (5) years following the date when the Company is ready to supply service. In the event Customer terminates service or defaults (which results in termination of service) within the first five (5) years of this Contract, Customer shall be responsible for paying the remaining Contract Minimum Billing for the remainder of the five year term. If Customer is not ready to receive service from Company within one -hundred fifty (150) days of the Customer signature date given on page five (5), then Company may unilaterally terminate this Contract. If Company has not installed Improvements, then such termination of this Contract shall not be treated as a Customer default and Customer shall not be responsible for paying the Contract Minimum Billing for the five (5) year term, only Customer's Advance will be applied to Company costs incurred for design, permitting and other associated Contract costs. However, if Company has installed Improvements so that Company is ready to supply service, but Customer is not ready to receive service from Company within said one -hundred fifty (150) days, then the failure of Customer being ready to receive service from Company may be treated as a Customer default, and Customer shall be responsible for paying the Contract Minimum Billing for the five (5) year term. 7. Customer Obligations. Customer agrees to. a) Provide legal rights-of-way to Company, at no cost to the Company, using Company's standard forms This includes rights-of-way on Customer's property and/or adjoining property and any permits, fees, etc. required to cross public lands, b) Prepare the route to Company's specifications; c) Install all Customer provided trench, conduit, equipment foundations, or excavations for equipment foundations within the legal rights -of -ways, and, d) Comply with all of Company's tariffs, procedures, specifications and requirements 8. Special Provisions: None 9. Underground Facilities. If service is provided by an underground line extension, Customer will provide, or Company will provide at Customer's expense. all trenching and backfilling, imported backfill material, conduit and duct, and furnish and install all equipment foundations, as designed by the Company Company may abandon in place any underground cables installed under this Contract that are no longer useful to Company • Customer warrants that all Customer provided trench and excavations for equipment foundations, and Customer installed conduit and equipment foundations are installed • • • within legal rights-of-way, and conform to the specifications in the Company's Electric Service Requirements Manual, and other specifications as otherwise provided by the Company. In the event Customer fails to comply with the foregoing, Customer shall be liable for the cost to the Company for relocating the facilities within a legal right-of- way, acquiring right-of-way for the Company facilities, repair or replacement of improperly installed conduit or foundations, and paying costs for damages that may arise to any third party as a result of the Company facilities being located outside of a legal right-of-way The provisions of this paragraph 9 shall survive the termination of this agreement. 10. Design, Construction, Ownership and Operation. The Company shall design, construct, install, and operate the Improvements in accordance with the Company's standards The Company will own the Improvements, together with the Company's existing electric utility facilities that serve or will serve Customer. Construction of the Improvements shall not begin until (1) both the Company and Customer have executed (signed) this Contract, and (2) all other requirements prior to construction have been fulfilled, such as permits, payments received, inspection, etc. Any delays by the Customer concerning site preparation and right-of-way acquisition or trenching, inspection, permits, etc. may correspondingly delay completion of the Improvements The Company warrants that its work in constructing and maintaining the Improvements shall be consistent with prudent utility practices. THE COMPANY DISCLAIMS ALL OTHER WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE, AND SIMILAR WARRANTIES. The Company's liability for breach of warranty, defects in the Improvements, or installation of the Improvements shall be limited to repair or replacement of any non-operating or defective portion of the Improvements or the Company's other electric utility facilities. Under no circumstances shall the Company be liable for other economic losses, including but not limited to consequential damages. The Company shall not be subject to any liability or damages for inability to provide service to the extent that such failure shall be due to causes beyond the reasonable control of the Company No other party, including Customer, shall have the right to operate or maintain the Company's electric utility facilities or the Improvements Customer shall not have physical access to the Company's electric utility facilities or the Improvements and shall engage in no activities on or related to the Company's electric utility facilities or the Improvements 11. Payments. All bills shall be paid by the date specified on the bill, and late charges shall be imposed upon any delinquent amounts Company reserves the right to require customer payments be sent by EDI or wire transfer If Customer disputes any portion of Customer's bill, Customer shall pay the total bill and shall designate the disputed portion. Company shall decide the dispute within sixty (60) days after Customer's notice of dispute Any refund Company determines Customer is due shall bear interest at the rate then specified by the Commission or, if no rate is specified, the then effective prime rate as established by the Morgan Guaranty Trust Bank of New York The Company may request deposits from Customer to the extent permitted under the applicable Electric Service Rules and the applicable Electric Service Schedule. In the • event of a default by Customer in any of its obligations, the Company may exercise • any or all of its rights and remedies with respect to any such deposits • • 12. Furnishing Information. Upon the Company's request, Customer shall submit its year-end financial statements to the Company, certified to be true and correct and in accordance with GAAP (General Accepted Accounting Principles). Furthermore, Customer shall submit additional information as the Company may reasonably request from time to time in furtherance of the purposes of this Contract. Such information shall be deemed confidential. The Company will base its decision with respect to credit, deposits or any other material matter on information furnished under this section by Customer, and shall reserve its rights with respect to such decisions should such information be inaccurate. 13. Governing Law; Venue. All provisions of this Contract and the rights and obligations of the parties hereto shall in all cases be governed by and construed in accordance with the laws of the State of Washington applicable to contracts executed in and to be wholly performed in Washington by persons domiciled in the State of Washington. Each party hereto agrees that any suit, action or proceeding in connection with this Contract may only be brought before the Commission, the Federal courts located within the State of Washington, or state courts of the State of Washington, and each party hereby consents to the exclusive jurisdiction of such forums (and of the appellate courts therefrom) in any such suit, action or proceeding. 14. Assignment. The obligations under this Contract are obligations at all times of Customer, and may not be assigned without the Company's consent except in connection with a sale, assignment, lease or transfer of Customer's interest in Customer's facility Any such assignment also shall be subject to (i) such successor's qualification as a customer under the Company's policies and the Electric Service Rules, the applicable Electric Service Schedule, and (ii) such successor being bound by this Contract and assuming the obligation of Customer from the date of assignment, which may be evidenced by written agreement of such successor or other means acceptable to the Company. The Company may condition this assignment by the posting by the successor of a deposit as permitted under the applicable Electric Service Rules and the applicable Electric Service Schedule 15. Remedies; Waiver. Either party may exercise any or all of its rights and remedies under this Contract, the applicable Electric Service Rules, the applicable Electric Service Schedule and under any applicable laws, rules and regulations. No provision of this Contract, the Electric Service Rules, or the applicable Electric Service Schedule shall be deemed to have been waived unless such waiver is expressly stated in writing and signed by the waiving party 16. Attorneys' Fees. If any suit or action arising out of or related to this Contract is brought by any party, the prevailing party or parties shall be entitled to recover the costs and fees (including, without limitation, reasonable attorneys' fees, the fees and costs of experts and consultants, copying, courier and telecommunication costs, and deposition costs and all other costs of discovery) incurred by such party or parties in such suit or action, including, without limitation, any post -trial or appellate proceeding, or in the collection or enforcement of any judgment or award entered or made in such suit or action • • • 17. Waiver of Jury Trial. TO THE FULLEST EXTENT PERMITTED BY LAW, EACH OF THE PARTIES HERETO WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT. EACH PARTY FURTHER WAIVES ANY RIGHT TO CONSOLIDATE ANY ACTION IN WHICH A JURY TRIAL HAS BEEN WAIVED WITH ANY OTHER ACTION IN WHICH A JURY TRIAL CANNOT BE OR HAS NOT BEEN WAIVED. 18. Entire Agreement. This Contract contains the entire agreement of the parties with respect to the subject matter, and replaces and supersedes in their entirety all prior agreements between the parties related to the same subject matter. This Contract may be •difie•! only by a subsequent written - .dment or agreement execute - b bot • :.Aca. CITY YAKIMA w nature NAME typ- or print legibly) TIT rh � 1' DAT Customer's Mailing Address for Executed Contract ATTENTION OF ADDRESS CITY, STATE, ZIP CITY CONTRACT NO: :2°15" 4' S. -- RESOLUTION RESOLUTION NO: -200(9 -0 TITL Pacific Power's Mailing Address for Executed Contract 500 N Keys Rd ADDRESS Yakima, WA 98901 CITY, STATE, ZIP