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HomeMy WebLinkAboutYakima County - Occidental Annexation MOU MEMORANDUM OF UNDERSTANDING Between the City of Yakima and Yakima County Regarding a Mutual Agreement to Resolve Economic Concerns Associated With the Occidental Annexation Whereas, the City of Yakima initiated the Occidental Annexation to annex an urbanized area adjacent to the City's southwest boundary; and Whereas, the City of Yakima believes that the citizens within the approved Occidental Annexation require the full range of municipal services only the City of Yakima can provide; and Whereas, Yakima County has expended County Funds to improve portions of S. 96 Ave and Occidental Road, and the depreciated value of these expenditures is Forty Two Thousand Dollars ($42,000.00) at the time of the Occidental Annexation recently approved by the City of Yakima; and Whereas, Yakima County has required and collected mitigation fees for street and road improvement costs for improving Coolidge Road from developers for development proposed or already underway for properties and subdivisions within the Occidental Annexation area; and Whereas, the City of Yakima and Yakima County desire to resolve the financial and development issues that arise as a result of the Occidental Annexation approved by the City in order to achieve an equitable allocation of costs and benefits attributed to the transfer of jurisdiction from Yakima County to the City of Yakima with respect to the road and development costs associated thereto; and Whereas the City of Yakima and Yakima County have reached an equitable agreement that permitted the Occidental Annexation to proceed, thus making it unnecessary for the Yakima County Boundary Review Board to review the proposed annexation; Now, therefore, the parties hereby agree as follows. The City of Yakima agrees to pay Yakima County the total sum of Forty Two Thousand Dollars ($42,000.00) for the depreciated value of the cost incurred by Yakima County for the completion of streets within the Occidental Annexation area. The City shall pay this amount to Yakima County in one lump sum, payable by no later than December 31, 2007. Yakima County agrees to pay the City of Yakima the sum of Fourteen Thousand Three Hundred Dollars ($14,300.00) representing the total mitigation fees for street and road development of Coolidge Road received by the County from the developer of the Plat of Coolidge Heights. Said transfer of fees to the City of Yakima shall occur no later than December 31, 2007. Memorandum of Understanding 1 Occidental Annexation MEMORANDUM OF UNDERSTANDING Between the City of Yakima and Yakima County Regarding a Mutual Agreement to Resolve Economic Concerns Associated With the Occidental Annexation Whereas, the City of Yakima initiated the Occidental Annexation to annex an urbanized area adjacent to the City's southwest boundary; and Whereas, the City of Yakima believes that the citizens within the approved Occidental Annexation require the full range of municipal services only the City of Yakima can provide; and Whereas, Yakima County has expended County Funds to improve portions of S. 96 Ave and Occidental Road, and the depreciated value of these expenditures is Forty Two Thousand Dollars ($42,000.00) at the time of the Occidental Annexation recently approved by the City of Yakima; and Whereas, Yakima County has required and collected mitigation fees for street and road improvement costs for improving Coolidge Road from developers for development proposed or already underway for properties and subdivisions within the Occidental Annexation area; and Whereas, the City of Yakima and Yakima County desire to resolve the financial and development issues that arise as a result of the Occidental Annexation approved by the City in order to achieve an equitable allocation of costs and benefits attributed to the transfer of jurisdiction from Yakima County to the City of Yakima with respect to the road and development costs associated thereto; and Whereas the City of Yakima and Yakima County have reached an equitable agreement that permitted the Occidental Annexation to proceed, thus making it unnecessary for the Yakima County Boundary Review Board to review the proposed annexation; Now, therefore, the parties hereby agree as follows. The City of Yakima agrees to pay Yakima County the total sum of Forty Two Thousand Dollars ($42,000.00) for the depreciated value of the cost incurred by Yakima County for the completion of streets within the Occidental Annexation area. The City shall pay this amount to Yakima County in one lump sum, payable by no later than December 31, 2007. Yakima County agrees to pay the City of Yakima the sum of Fourteen Thousand Three Hundred Dollars ($14,300.00) representing the total mitigation fees for street and road development of Coolidge Road received by the County from the developer of the Plat of Coolidge Heights. Said transfer of fees to the City of Yakima shall occur no later than December 31, 2007. Memorandum of Understanding 1 Occidental Annexation Yakima County agrees to pay the City of Yakima Five Hundred Fifty Dollars ($550.00) per platted lot, which is anticipated to total Fourteen Thousand Three Hundred Dollars ($14,300.00), within 30 calendar days of recording of the final Plat of Coolidge Crest, said amount being equal to the total amount of mitigation fees for street and road development to Coolidge Road to be received by the County from the developer as a condition of final plat approval. Yakima County also agrees to assign the existing Letter of Credit from Apple Tree Resort Development (Appletree) in the amount of approximately One Hundred Ninety Eight Thousand Dollars ($198,000.00), which represents their mitigation fees for the development and improvement of Coolidge Road from S. 80 Ave to S. 88 Ave. As a further result of the terms of this agreement the parties commit to work together to establish a mutually beneficial framework of cooperation and future understandings by which further urban growth, annexations and uniform development standards can occur within the Yakima Urban Growth Area to serve the best interests of the citizens of the City of Yakima and Yakima County. This Agreement of Understanding is effective upon signature by the parties hereto. Dated this l ( day of December, 2007. BOARD OF YAKIMA COUNTY COMMISSIONERS Michael D. Leita, Chainuan A, digr A_ / 2' /j.,,9"' Ronald F. Gamache, Commissioner avi dler, Mayor C City of Yakima (Ra d Elliott, Commissioner Attest: Christina Steiner, Clerk of the Board . \`,04, �: (.ro0NT„ Cif � ° 1 , ; °:� o ° Dated this 1,c 13- day of b2.t? o� 4 U , t ?� , 2007 ri Approv .s to Fo u: �I 7 °P f / W �� / /1,1 16\\ eputy Pro: ecu ing Attorney Memorandum of Understanding 2 Occidental Annexation