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Correspondence ci -coaog i was 7 '41 t 41 a. • May 25, 1999 CITY OF TIGAR OREGON Olympic Associate Company Larry Cross 701 Dexter Avenue N #301 Seattle WA 98109 RE: Traffic Impact Fee for Magnolia Hi -Fi, 11680 SW Pacific Hwy, Tigard, OR 97223 Dear Mr. Cross, This letter is to inform you there will not be any Traffic Impact Fees assessed on this project. The demolition of the 2 existing buildings on this site will result in 678 trip credits. The trips generated by your project were determined to be 165 trips. The credits from the demolitions exceed the project trips and thus result in no additional Traffic Impact Fee. I have included a copy of the calculation for your review. Please call me if you have any further questions regarding this matter. Sincere -‘e 1 624///..41 Debbie R. Adamski • Development Services Te 'cian c: P & F Properties TIF File Building File • 13125 SW Hall Blvd., Tigard, OR 97223 (503) 639 -4171 TDD (503) 684 -2772