TVF&R - Jack Park Expansion INTERGOVERNMENTAL AGREEMENT RELATING TO THE JOINT
DEVELOPMENT OF WALNUT STREET FIRE STATION AND EXPANSION
AND IMPROVEMENT OF JACK PARK
THIS INTERGOVERNMENTAL AGREEMENT ("Agreement") is made and entered
into by and between the City of Tigard, an Oregon municipal corporation, acting under authority
of its City Charter ("City"), and Tualatin Valley Fire & Rescue, A Rural Fire Protection District
("TVF&R")
WHEREAS, on December 5, 2006, the City and TVF&R entered into a Memorandum of
Understanding (the "MOU") regarding the joint development of the Walnut Street Fire Station
and expansion and improvement of Jack Park, a copy of which is attached as Exhibit A
WHEREAS, the parties have previously proceeded with the joint development under the
terms of the MOU as extended
WHEREAS, the parties now wish to memorialize this Agreement as set forth herein
NOW, THEREFORE, it is agreed between the parties under authority of
ORS Chapter 190 as follows
1. Purchase of Land. The surplus land to be sold to the City for expansion of Jack
Park has been identified, and the parties have agreed to the designation of the surplus land as
greenway property or developable land The land to be sold is identified in the final plans which
the parties will be submitting in a joint land use application for adjustment of the property line
separating the respective properties owned by the parties Upon obtaining final approval for the
property line adjustment of the property to be sold to the City from TVF&R's property, the City
will pay TVF&R $276,850, as set forth below in Section 5 The purchase price is based on the
MOU agreed price of$250,000 per acre for developable land and $130,000 per acre for
greenway property Upon receipt of all of the funds owed under Section 5, TVF&R and City
will promptly prepare and convey statutory bargain and sale deeds to effect the transfer of the
property to the City and memorialize the resultant boundaries of the parcels owned by the
parties The City will direct the process and the parties will share responsibility for filing the
deeds and associated costs of the property line adjustment as set forth in Exhibit B Should the
City desire to obtain title insurance, or to escrow the funds, it may do so at its own cost
2. Development Costs. The MOU provided for project management by TVF&R of
all improvements, including the construction of public improvements related solely to Jack Park
The parties agree that there were no improvements related solely to .lack Park Upon recording
of the deeds finalizing the property line adjustment as more fully described in Section 1 above,
the City will assume all responsibility for landscape maintenance of the vegetated corridor
located within the boundaries of the property to be conveyed hereby and that water quality swale
as required by CPU 2007-0003 TVF&R will have no further responsibility with respect thereto
3. Joint Development Costs. The MOU also provided for joint development of
public improvements that would benefit both Jack Park and TVF&R's fire station, and to the
sharing of those costs proportionately based on the estimated use of the improvement It was
Page 1 - INTERGOVERNMENTAL AGREEMENT RELATING TO THE JOINT DEVELOPMENT OF
WALNUT STREET FIRE STATION AND EXPANSION AND IMPROVEMENT OF JACK PARK
46796-50,)7 147521 51/15 27 2009
agreed that public improvements, based on frontage or area owned by each party, would be
shared on that bans The City also agreed to share in the funding of an enhanced community
room The parties agreed to the scope of the improvements, to the costs for which the City
would be responsible, and to the payment process and schedule Taking all these factors into
account, and upon making reasonable efforts to effect a fair allocation of the costs, the parties
agree that the sum owed by the City to TVF&R for point development costs is $160,657 Such
sum shall be paid as set forth below in Section 5
4. Additional Costs. The City and TVF&R are working to complete the property
line adjustment of the properties and the improvements The above obligations are based upon
costs, both actual and projected, and the basis for calculating the shared responsibility, if
applicable, which are set forth in Exhibit B Should the final actual costs exceed the costs set
forth in Exhibit B, then those costs will be shared on the same basis that the above costs have
been allocated, and paid promptly upon demand
5. Payment Terms. Payment for the land, development costs, and additional costs,
is not due until one (1) year following the issuance of a certificate of occupancy for the Walnut
Street Fire Station The amount owed will accrue interest commencing on the first day of the
seventh month at the rate paid on funds invested in the Local Government Investment Pool,
ORS 294 805, as the rate may change from time to time, until the principal and interest is paid in
full
6. Shared Access Agreement. One of the purposes of the point development
agreement was to provide for public access to Jack Park by way of Walnut Street The final
plans provide for such access to be granted from the TVF&R parking lots located on the
community room side of the fire station TVF&R will maintain the parking lots and provide
liability insurance for public usage of the parking lots as part of its policy for the fire station To
the extent a specific pathway or other accessway is deemed by the City to be necessary to
provide access from the TVF&R parking lot into Jack Park, the City may construct same in a
location mutually-approved by the parties The City will be responsible for construction,
maintenance, and repair of any such pathway and for public liability insurance as part of its
policy for Jack Park Each party shall indemnify, defend and hold harmless the other party from
liability for public usage of its respective property
7. Modifications. Any modifications to this Agreement shall be in writing,
approved by both parties, and executed by both parties
[Remainder of Page Inlentionally Left Blank]
Page 2 - INTERGOVERNMENTAL AGREEMENT RELATING TO THE JOINT DEVELOPMENT OF
WALNUT STREET FIRE STATION AND EXPANSION AND IMPROVEMENT OF JACK PARK
46746-3505714752/ 51115,2712004
8. Notices. Any notices pursuant to this Agreement shall be in writing, delivered
from one to the other by United States Postal Service, certified mail, return receipt requested, to
the following
TVF&R CITY
Gary Wells Dennis Koellermeier
Director of Logistics Public Works Director
Tualatin Valley Fire & Rescue City of Tigard
20665 SW Blanton Street 13125 SW Hall Blvd
Aloha OR 97007 Tigard OR 97223
Email gary wells@tvfr com Email denms@tigard or gov
Phone (503) 642-0331 Phone (503) 639-4171, ext 2596
Fax (503) 642-9655 Fax (503) 684-8840
9. Mediation and Arbitration. The parties mutually agree that any dispute
between the parties arising out of or related to this Agreement shall be submitted to mediation
before a mediator as soon as reasonable after such dispute arises, but in any event prior to the
commencement of arbitration or litigation The mediation fees and mediator's expenses shall be
shared equally by the parties The parties agree to exercise their best efforts in good faith to
resolve all disputes in mediation Disputes not resolved by mediation shall be decided by
binding arbitration The demand for arbitration shall be in writing and provided to the other
party ORS 190 710 through 190 800 shall govern arbitration between the parties The
prevailing party in any arbitration shall be entitled to, and the arbitrator or arbitrators shall
award, its costs and fees, including attorney fees and the arbitrator's fees, incurred or
necessitated by the arbitration, including fees and costs in mediation This Section shall not be
construed to prevent a party from seeking equitable relief for a breach of this Agreement
10. Attorney Fees. If either party is required to take any action to enforce any term
of this Agreement, the prevailing party shall recover from the losing party reasonable attorney
fees incurred in an action as set by arbitration or the trial court and, in the event of appeal, as set
by the appellate courts
11. Applicable Law. This Agreement shall be construed, applied, and enforced in
accordance with the laws of the state of Oregon
12. Entire Agreement/Survival of Closing. This Agreement, as it may be modified
in writing by the parties, sets forth the entire understanding of the parties with regard to the
matters described herein The Memorandum of Understanding previously executed by the
parties in December 2006 is replaced by this Agreement and of no further force and effect upon
full execution hereof, provided, however, that TVF&R's agreement to allow use of the
community room at no cost for city-sponsored meetings, community events and recreational
activities, subject to availability, shall survive The covenants, agreements, representations, and
warranties made herein shall survive the close of escrow and shall not merge into the deed and
the recordation of it in the official records
Page 3 - INTERGOVERNMENTAL AGREEMENT RELATING TO THE JOINT DEVELOPMEN r OF
WALNUT STREET FIRE STATION AND EXPANSION AND IMPROVEMENT OF JACK PARK
16796-35057/47521 51f 5'27'2009
13. Statutory Notice:
THE PROPERTY DESCRIBED IN THIS INSTRUMENT MAY NOT BE WITHIN A FIRE
PROTECTION DISTRICT PROTECTING STRUCTURES. THE PROPERTY IS SUBJECT
TO LAND USE LAWS AND REGULATIONS THAT, IN FARM OR FOREST ZONES, MAY
NOT AUTHORIZE CONSTRUCTION OR SITING OF A RESIDENCE AND THAT LIMIT
LAWSUITS AGAINST FARMING OR FOREST PRACTICES, AS DEFINED IN ORS 30.930,
IN ALL ZONES. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT, THE PERSON
TRANSFERRING FEE TITLE SHOULD INQUIRE ABOUT THE PERSON'S RIGHTS, IF
ANY, UNDER ORS 195.300, 195.301 AND 195.305 TO 195.336 AND SECTIONS 5 TO 11,
CHAPTER 424, OREGON LAWS 2007. BEFORE SIGNING OR ACCEPTING THIS
INSTRUMENT, THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD
CHECK WITH THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO
VERIFY THAT THE UNIT OF LAND BEING TRANSFERRED IS A LAWFULLY
ESTABLISHED LOT OR PARCEL, AS DEFINED IN ORS 92.010 OR 215.010, TO VERIFY
THE APPROVED USES OF THE LOT OR PARCEL, TO VERIFY THE EXISTENCE OF
FIRE PROTECTION FOR STRUCTURES AND TO INQUIRE ABOUT THE RIGHTS OF
NEIGHBORING PROPERTY OWNERS, IF ANY, UNDER ORS 195.300, 195.301 AND
195.305 TO 195.336 AND SECTIONS 5 TO 11, CHAPTER 424, OREGON LAWS 2007,
IN WITNESS WHEREOF, this Agreement has been approved by the respective governing
authority of each party as of the dates set forth below,to be effective on the date of last execution.
TUALATIN VALLEY FIRE DISTRICT, CITY OF TIGARD, an Oregon municipal
A Rural Fire Protection TVF&R corporation, acting under authority of its
City Charter
By: By:
(S' ture) (Signature)
Title: flll� ,�/LC��� Title: '--Mam
Date: , 2009 Date: UAV- 52009
1
RESOLUTION AND DATE OF APPROVAL: RESOLUTION AND DATE OF APPROVAL:
Page 4- INTERGOVERNMENTAL AGREEMENT RELATING TO THE JOINT DEVELOPMENT OF
WALNUT STREET FIRE STATION AND EXPANSION AND IMPROVEMENT OF JACK PARK
46796-35057147521 5 f 5 27 2009
EXHIBIT A
A' CA11ORANUUM OF UNDFRSIANDING
bawcen
TIIALA I IN VALLI-Y Hti(F AND RLSc:If!
and
I HL CITY Of- 1 ICARU
Dectruber 5, 2006
JOINT DVL'LOPMCN I 01''I'f-IL WAI.Ntfl-S I REET FIR): STATIC}N ANE`)
EXPANSION AND IMMOVEIME'N I'OF JACK PARK
Phis Ivlemortndum of Understirtefing (M(-}Uj is uttered into between Tuilatrn Vallcy I'rrc
tnd Rc-.cuc, ltcrcmifter referred to a, "TVI-&R," and tic City of Tig.trd, hereinafter ref,rred
(0 as "I tgard " -
A PURPOSE /
file purpose of this MOU is to pint tit writ),cl, tit parties' undrrstanding as to tilt'
responstbtlums rel-lied to the joint developinent of I VF&R's Walnut Stiect Dire Stwtivn anti
the expansion End impiovcutent of "digard's ,Jack Park dile parries r(cogrnzc that tilt
transaction will reyutrc further doctirnentation and approvals, including the yrcrparation artel
approval of foimal agieemems, nevertlteless, they execute. Ellis letter to evtdence their
interttic)ri to procred tit niutual gc,(,d faith to contplut wurk rccluticd Eo negotiate tcr,n, of an
,igreement that are consistent will,tins MOU
b RCCIIAIS
1 In ]uric ori 7006, TVh&K putchased Itnd, (tax lit ZSI04AD04500), located at 121,85 SW
Walnut Street tit Tigard I'VI-&R nnterids to build a new fire station oil clic site
2 With regard co rhe Walnut Stncet parcel, I'VI•&R currently estimates Ella(
approximately 75 acre, of clrvclopable land and 1 2 acres of open ,hare will not be
rteulcd for the new fire station project
3 Tigard's Jack Paik abuts thr TV1-&R property to the north ind Tigard o imerrsted in
participating in IVF&Ws project and ultimately pur(hastng the surplus rcal property
to Expand Jack Park, provide public access to trite pails vi( Walnut Strcct, ind to
construct park Wlprove,neuts such as a parking; Lica and park signage
1 V1'&RMFard MOU 12/S/t)G i_xhibit A
Joint/Development of the Walnut Street Firc Station Page I Of 8
and Lxpancion-ind 1mp,ovcntcnt of Jn,,k Paik 1'at c 1 u(G
f) ;
C UND!_RS 1'ANDiNC:S
t- Jatrtt Project
'I lit p irrtcs antrc,pdte TVF&R will develop the fire station and be responsible for costs
assOciatcd with the fire srarion and Tigiid will develop the park and be responsible for
costs associated with the park The partles also contemplate there will be shard
ami runes utd improvements, possibly including shared parking uld drlvewlys, and
the parties will share the costs of shared irnprovements -tccotding to 21tttcipated usage
Of those improvements As detatied below, the parties also conte,rtplarc an cxpi,tdetl
community room to the fire sratton that will bt•available for rise by J'rgard
2 Purchase of Surplus Land
7 VF&R agrees to sell any developable land ind open space surplus property at the
new Walnut Strret property to Tigard Tiga,d agrees to purchase both the- surplus
developable land 'Ind Opeti space providrd thr prt,pe,ty facrbtate�, att -N, ht-twerrn fat k
Paik and Walnut Street and is siacable enough to provide public benclif in tht form of
improved park fac,l,tte_5 and/or access
3. Purch;ist Prtcc
1-Vi-&R and 'Tigard agree the surplus land will be sold/purchased (or $130,000 pC, acre
for grcenw-tys and $250,000 per acre for developable larid These frltires are based on
I II)IC 1 8, Restdenual and Non Residential Growth Required New I-acthty Costs,
(ACCachmertt 1), of thr Tigard Parks and Recreation System Dcvrlopmrnr C liarec s
Mt tl'odoloYy Update,dated Novernbet 10, 2004
9. Planning
TVF&R and T'egard will work cooperatively to partition the property and to file a
)oinr !arid use application fo, ncc fire stauuu and park expansion/improvements
TVF&R will provide Tigard with a deed to the surplus piope,ty following tile
pairitton approve! and recording of the partition plat Nothing in this MOU
COO-trnits the C try fit its role as'a land use decision-maker to approve any application
for t-ievelopinerit approval or land division
TVF&Rri igard Mfril 12/S/pG
Joint Ucvetoprilent of the Walnut Street Fire Siauou
and Expjui um,and trnt,rnvririr,ii oflack Park Pt,gc 2 of 6
Exhibit A
Page 2 of 8
S Cost Estimate
Prior to construction, TVh&R will furnish Tigard wirll i Cosi esurnate, detallruj;
Tigard's proportionate share of the projcc( cosrs arnibuttble to shared facilites or
rmprovr inCr,tn I igard will have no resporlithility to pay ulilrss 111d until I)gard -,g,etN
to clic pn)jcct and cods proposed by TVF<
b Otller Costs
TVF&R ar,d Tigard agree to sharc costs for rine land use consultant Ind llndx,ape
architect I_a,ldscape architect costs and land use consultant's costs shall be
apportiont(I based on anticipated use by etch party of the facilittes L11-it are inclutl d
wubtn the 101— applscattoct or plans Exampfcs of poss(ble east apportiorinreni are
act~tched as AEvichrnent 2
Tigard will pay for all public improvemenLS conditioned svlcJy on the bark
expanston/rmprovernents and TVF&K will pay for all publ, rrnlsrovelnents
conditioned Solely on ConSiri,ctrnrl r,f chc fire st.irioii PuhltC Iinprt>ve,nems related to
both the park and the fire station, such the parking are.-i, will lx shared
proportionately based on the estimated use of chc improvcunent Public nnprovemellts
based on frontage nr arca will be haecd 1311 the frontage or arca owned by each piny
3 VF&tt and Tigard will sharc in funding an enhanced community room which will be
awned and managed 6y 'I VF&R and can be used by Tig-ird, it nc,c ost and subject to
av nl.lbility, for city-sposisored meetings, community events and iecreauonal accivities
Frnhancing tht. room means the community rooni will bo larger and offer more
amennies rhan a typical cominuMLy room at other TVr&R facilities
7 Payrricnts
'I VF&R will be the paying agency for both parties on any pact of clic p,ojecr iliac is
not solely related to park expansion and/or improvements Prior to const,zsction,
'I"Vl;&R and Tigard will devehip a mutually agreeable plyinc,it process and schedule
S. project Marl.rgement
I'VI-&R asrces to manage flit project and will work cooperat,vdy with `ligand to
provide access and upcizzes to"I igard
I VI&Rlirbard MOII 1213/06
Joint Dcvdeprnent of clic Walnut Strect Fire Station
and Expansion and Inipravc",cnt of Jack Park Page 3 of
Exhibit A
Page 3 of 8
D MODIFICA 1[ON
Modifu actrius tv this MOV will be madc by the utti(uZI wrm n coraaent of beth parte s
F 'I FRMINA 11C-)N
TIIItt r Harty may to rm,riau-itis MOU by plovidt(tg notice of termination
}= COM MI:N(-FMFN-I/F)CPIRA I ION 0A 1 E
This MOU is txecutcd as of the date of dic last sirnatttic inti is effecttvc dirough Dt-ctmb(,i
31, 2008, it which riinr it will exptre unless (x(coded by the mucic it wrtt(cn conwiic of bn(h
}>trtics
C, I'MNC,IPA1, CONI-M,TS
Tlie princip it contacts for the 1v1C?U arc
Gary 1 elL Dcri nis Koellerrncter
Dircccor(if Logistic,; Public Works Dircccor
Tualaiin Valley Fire 2k Rescue City of Tigard
20065 SW Blanton $tree( 13125 SW Hall Blvd
Aloha OR 97007 Tigard OR 9723
gary welfy�tvfr corn deft ntsr—*tKard-or gov
503 642 0)11 Plioric, 503 639 4 t71 x2596 Plione
503 642 9655 1'.tx 503 684 8R40- Fa-x
1-1 PARTIF_S TO THIS AGRE-tMrN I
This MO(I is executed by rep IcwnIativey o(tlte harries as evidenced by their
reptcsentacivc s sign-ttutvs on the attached signature pagcs The patties understand the this
MOU sets forth tltc Intent of the Parc(es onty, and may not be relied on as the basis for a
contract by estrtppel or tlic basis for a claiiti based on dcttitnental reliance or any oilier ilieory
to emcr into such dcvclofimcnral agiccuicnts
1 vl'&WI lgarct MUV I215106
JOutt 1)cvclopmatt of itic Walnut Strcct Fuc Siaiion
and Lxpansioit and imi,iovetiwnt or fack r'arl, rage 4 of 6
Exhibit A
Page 4 of 8
'(u-1-Ittn Valley Fa & Ktxi3c
Signature
Tule �.r
7 VF&R/Tigird MOt I2/5106
Joint C)cvclopmcn(of ih�,Wtilnut 5ncct I ue Stltipn
and C_xpanstoa and Improvciricm of lack Park Part �of()
Exhibit A
Page 5 of 8
Cory of Tigard
Signature
Tide ----rY)Cx\- Dc
Date - t/Y} �
FVF& rr(g>rzd MMU 12151:200r)
Joint Devclopmonc of the W�iltint Stz(.ct Firc,StaUCtR
and Expawoon and Jmpiovcmcatt of Jack Park P.igc 6 of 6
Fxhibit A
Page 6 of 8
n
Artadimcm L
l'hore ate deficie_ncles to the rlurriher of aciet of Neighborhood Parks, C'oimrmri ly Patk., and
Grecaways, and to tht- miles of !tails availal)(C to serve current ic,mdt-ni,s and c-mployct,s
Imptovenlcitt fcc 5130 rtvt-dues trlhst be used only far growth needs, and way nut be u,t_d In
Icrllcdy deficiencies Allemative non-SDC revenues const be used to repair do ticicnucs
L New facility Coifs
The SLAC Pttlks Capacity Improvements Program (P(1P), included ar Appt txhti A, identitues
Clew IF-Utile, nettled to serve parks and tetrcatlon needs of tui(, City through tht year 20Q8
Tabic 3 R below, shows a breakout of lesidenttal and tion-tebidential chart of costs Cot thcsC
new factlittes 13ccausc eutployees need fewer facilities Lhail those tcyuired for 1 resilient, OIL
reslclenttal share of growth cosh IS 88 1% of rhe total f0r those facititi(s that Ucnclit both
11,10&ntlal 111(1 non-rc sudrnktol development(i c, ,cornrnumly parks, Iincor patk5, tic ), and 100"/',)
for 11105c fn('+Ilttcs that hencflt restdentral dt.v(AoVaieol only(e g,nolg}lborhootl patkb)
i'AKLL 3 8
l2LSIDIFN HAL AND NON_RESIDLN t(Alf
CROW I It REQUIRED NJ,W FACHATY COS"I S
Cost
Per fotul Ncw New t aeihty kc-,J, .uf Non-i(estdeno-nl
F-Otly Unrc racdrt Costy 'rowlhCvsi (,mwai(usts Growth ' at_
NctUbIlurhnod Patks(noes)' 1410,000 SR,503 400 T1,477,)10 $1,97),310 S U
Community parks(acres)'• 440,000 8 800 000 4769,600 4,202,018 567,582
crrunways(actcs)— 130,000 6 175,000 2,527,200 2,226,463 36,71)
Litter Purks(acres)fi 230 000 639,400 639,400 561,111 76,089
Trails(imics)AW 520,000 '! S 200 bo;,200 5;1417 717R1
Tote 13 526,775,0@U 110,011,710 58,995,521 Si 616189
P"Ccrilart nfl,rnwfli C Dere 89 Ra/ 10 2%
• Ncighborhood Parks arc consrducd to benefit:esrdunial population only,cost per unit is bascd on land at
5750,Ot10 per acre and dcvcloprucnt 41 S 160 000 per acre Land cosi cstunato IS ba¢cd on a I evicw of recon sumhr
acquuittons by the cul,cs of Sherwood, Tigard, I ualatin and Killsborn,rad by th, fualattn t(ills Park Fe Rcc,capon
Ihatrtct 13cvc101sntcr1t cost zcsuotes that apptoxrniatcly 510,000 per arm in costs will be donated Huough true
nn0g4tion
"•Gornntunay Paiks cost is bascd on 5250,OU0 per acre for acquismoii and 5190,000 fur crevctolltuerit land cost
--foliate is bascd on i rcvecw of recent in the citi.,s of Sherwood Tq urd 'I uAwm and f hllshoro -4nd by
the Tualatin 1 fills Pirk&Ru reabun DistriUl !)t vclopmun ros1 assurncs Clint epproxtniattty 510 000 per acre rn
costs will be domicil througli tree mit;Kat,un
6°Greenways cost of S 130 000 par acro is bascd oar a review of mccnt sunihir acyuuitrons if)the,.Ares of
Sherwood t igud,Tttalattit and I11113boro,and by the l oalann Huls Palk&t Recreation District Cvrecnw iys cost
assumes Chat approznnatcly 510,000 per acre:in toStS will tic donated IluouLli tree nntigatrtm
11 i,tnear Parks cost rs based on$140 000 per acres fill acyutsi(,nn end 190,004 per xtto for devclnir,ttcttt
f)evefnlnnulr cost assumes that 1plifo7urnaicly 510,000 per acre in costs will he donated ifi,nugh ace initiguion
UP Trails cost,%tnr.lude laid acgmsition at approieimatcly P9,0001rer nnfe(1/2 acre per milt,),and do vetupmrm at
5450 000 per mile Land cost estimmc is bit%"on a review of recent stinitnr n yutstttons in the cittcl,of bhciwood,
Tigard 7 ual,tim and UhOcboro,and by Shc 1 antatra 11iRs park& Itccrcation Distri.t
Don Garter& Agxociaitrs tn4 t 1 REVISED OPAi I u7 of 11110104
Exhtblt A
Page 7 of 8
Rttat_hrncnt Z
SAMPL,L CgS1_Ai,VOCATION ME11-1009
Pro>5ct coati, tncfuc�tnit ttdac,ap archttc�l dad land use cnncvltant c,y�ts arc baticc!git owner chi)
�tid anttct atP cd r�.cc�7Le�_Pa�Y --
Poccthfc examples
I The landscape aichitccc providCe a landscape plats and rLlatcd cervices fol Dale acre of
lxoperty rVF&R owns and will have extiusrve use of%, acre, I igard uww.and will have
exclulivt use of/. acre The remaining `/< tiers is land,calttng a55octaic4f with tite parking Im
that would b(.owned by TVI&R but will I)e ustd equally by both parttec f VF&R .would 1,e,
rrspolwhle for 5/H of the t,ost(all of the costs for the area pf its cxcluatvc Use, and V, rise cost~of
(fie shared use arca) and Tigard would be rc%ponsiblt; for 1/8 of tltr cost Note that sitatt,d uet
will not always be 50/50
2 "The lend use comtiltiuit assists t VI&(t with tftc fire %tatton piopeiiy hug not (tic park
property, with the tirt_ ctatton p(aperty tUcludmg a I),",king arca that u-411 hL used by the City tot
perk parking and an expanded community roost I he firliowutg our a poeciblc sc cnarto
Fire'itattort Buildinyo--75 perccnt of Local effort
C.ornamnity Room - 10 peiceat of flat Stltioti Buildings (7 5% of total)
City Share -Z/3 of Community Roost (5%of cot 11)
P-irking Lot, Exterior - 15 periLent of total ctfort
City %hare 40`yo of Parking;l of acrd outer t:xtcrior use (10%of total)
city's coral >have - 15 pose-nt
Note iliac all these nuinber5 and shirrs are hyltntitct:cat
rvr&WTigiud tvarzoOG
loutt Devctopinent of rhe` AIAlut strut r,,,Station
acid fyxpartswn and Improvement of lack Palk Page I of I
Exhibit A
Page 8 of 8
EXHIBIT B
Actual and Projected Costs
Projected Costs
Land
75 Acre developable @ $250,000/acre $187,500
12 Acre open space @ $130,000/acre $156,000
Subtotal $343,500
Development
$2,750,000 @5% $137,500
Total Projected $481,000
Actual Costs
Land
12,953 sq ft developable @ $5 74/sq ft $74,350
67,953 sq ft open space @ $2 98/sq ft $202,500
Subtotal $276,850
Development
Project Costs $3,288,147
Energy Tax Credit $75,000
$3,213,147 @ 5% $160,657
Total Cost $437,507