Loading...
Res 1421 - Const Hillyer Mid Ci COUNCIL BILL NO. 1806 RESOLUTION NO. 1421 A RESOLUTION ENTERING INTO A CONSTRUCTION FINANCE AGREEMENT WITH HILLYER'S MID-CITY FORD, INC. FOR ADMINISTRATION AND FUNDING FOR HIGHWAY 219 IMPROVEMENTS AND AUTHORIZING THE MAYOR AND CITY RECORDER TO SIGN SUCH AGREEMENT. WHEREAS, The State of Oregon has required that certain improvements be made to Highway 219 as a result of construction of an automobile dealership by Hillyer's Ford Inc., and WHEREAS, State of Oregon temporary permit No. 03A3531 for access to Highway 219 required that improvements be in accordance with Westech Engineering drawings, and WHEREAS, The required Highway 219 improvements for economies of scale and other concerns were included in a larger project that Westech Engineering prepared as a result of Waremart, Inc. distribution center roadway improvement requirements, and WHEREAS, The City of Woodburn is administering the larger project as a result of the Special Public Works Fund grant and loan and Immediate Opportunity Fund project status of portions of the larger project; NOW THEREFORE THE CITY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. That the City of Woodburn enter into a Construction Finance Agreement with Hillyer's Mid-City Ford, Inc. which is attached as Exhibit U A II and by this reference incorporated herein for administration and funding of Highway 219 improvements. Section 2. That the Mayor and City Recorder are authorized to sign said agreement on behalf of the City of Woodburn. Page 1 - COUNCIL BILL NO. 1806 RESOLUTION NO. 1421 ...,~~- .-,.... _"._."..'....4......_...._.__ ..,..~~_"""'-__,.~____~...._________....__.'"""~"" .. ~- Approved as to form: Lf), rn-~ City Attorney {;-/1- '/1 Date APPROVErf"7 ~~ /1~ Nancy A. . sey, Mayor ... Passed by the Council Submitted to the Mayor Approved by the Mayor Filed in the Office of the Recorder June 23, 1997 June 25, 1997 June 25. 1997 June 25, 1997 ATTEST: ~--r~ Mary T ant, Recorder City of Woodburn, Oregon Page 2 - COUNCIL BILL NO. 1806 RESOLUTION NO. 1421 l"" Exhibit "A" Page -L of 3 CONSTRUCTION - FINANCE AGREEMENT TIllS AGREEMENT is made and entered into by and between the CITY OF WOODBURN, acting by and through its elected officials, hereinafter referred to as "City", and HILLYER'S MID-CITY FORD, INC., an Oregon corporation, acting by and through its company officials, hereinafter referred to as "Company". RECITALS 1. Company has constructed an automobile dealership on its property which has frontage on Hillsboro-Silverton Highway. 2. The State of Oregon, acting through its Department of Transportation (hereinafter referred to as "State") has required that certain improvements be made to Hil1sboro-Silverton Highway (Highway 219) along frontage in front of Company. To maintain roadway continuity and enhance safety of operation a section of the highway along State frontage from the east edge of Company frontage to the southbound 1-5 onramp approach will also require similar improvements. The referenced improvements are approximately as shown on the Road Improvement Allocation Map which is attached hereto as Exhibit "A", and made a part hereof 3. The State has issued Company temporary permit # 03A35431 for access to Hillsboro- Silverton Highway which required that frontage improvements shall be in accordance with Westech Engineering drawings. 4. Waremart, Inc.(hereinafter referred to as "Waremart") which owns frontage adjacent to Company is also required to make and has agreed to fund similar improvements along its frontage which is adjacent to that of Company. 5. Waremart has agreed to fund one half of the costs of the Hillsboro-Silverton Highway improvements along State frontage from the east edge of Company frontage to the southbound 1-5 onramp approach. 6. City, through Immediate Opportunity Fund Agreement #14736, has agreed to administer the contracting process for the State required roadway improvements to be completed by Waremart as a result of construction of their new distribution center. The roadway improvements in the design (which were prepared by We stech Engineering) include the required roadway improvements to Waremart frontage, Company frontage, and State frontage adjacent to and east of Company. Page 1 - CONSTRUCTION-FINANCE AGREEMENT ....-.;~ I ,.. Exhibit "A" Page L. of 3 NOW, THEREFORE, the premises being in general as stated in the foregoing RECITALS, it is agreed by and between the parties hereto as follows: ARTICLE 1. OBLIGATIONS OF CITY 1. City shall compile accurate cost accounting records and will request reimbursement from Company as progress payments are made by City. Company agrees to promptly reimburse City when such requests are made. 2. City shall provide Company a statement of total costs at completion of the improvements and will retain cost records and accounts pertaining to the project for inspection for a period of three years following final payment. ARTICLE 2. OBLIGATIONS OF COMPANY 1. Company shall be solely and exclusively responsible for half street improvements to Highway 219 for a distance of 20 feet beginning at the northwest corner of tax lot 105, map 5-2-11, and proceeding easterly along said frontage to a point where the tax lot joins tax lot 1100, map 5-2W-12C, also owned by Company. 2. Company shall further be solely and exclusively responsible for half street improvements to Highway 219 for a distance of208.53 feet beginning at the northwest corner of tax lot 1100, map 5-2W-12C, and proceeding easterly along said frontage to a point where the tax lot boundary makes a right angle to the south. 3. Company and Waremart shall be equally responsible for road improvements to Highway 219 and the freeway interchange from the eastern terminus of the Company obligation referenced above to the beginning of the project (station 0+00 on the engineering plans prepared by Westech Engineering) at the entrance to the south bound freeway on-ramp, an approximate distance of255 feet. ARTICLE 3. OTHER PROVISIONS 1. The cost records and accounts pertaining to the work covered by this Agreement shall be retained for inspection for a period of three years following final payment. Copies shall be made available upon request. 2. In the event a suit or action is instituted to enforce any right guaranteed pursuant to this Agreement, the prevailing party shall be entitled to, in addition to the statutory costs and Page 2 - CONSTRUCTION-FINANCE AGREEMENT .'.='- ....-..-,--,-. '--.----- '~, disbursements, a reasonable attorney's fee to be fixed by trial and appellate courts respectively. IN WITNESS WHEREOF, the parties hereto have set their hands and affixed their seals of the day year hereinafter written. HILLYER'S MID-CITY FORD, INC., by and through its Corporate Officials CITY OF WOODBURN, by and through its Mayor Date ( /23/77 / f Date June 25, 1997 Attest: fYl~ L~--* City Record By: Company Legal Counsel AP~~VED AS TO F?RM: B~ Y).~Q{j~ City Legal Counsel G-'jo- j 9- APPROVED AS TO FORM Date: Date: Page 3 - CONSTRUCTION-FINANCE AGREEMENT 1" Exhibit "A" Pagelof 3 disbursements, a reasonable attorney's fee to be fixed by trial and appellate courts respectively. IN WITNESS WHEREOF, the parties hereto have set their hands and affixed their seals of the day year hereinafter written. HILLYER'S MID-CITY FORD, INC., by and through its Corporate Officials CITY OF WOODBURN, by and through its Mayor By By Title Date Date Attest: City Recorder APPROVED AS TO FORM APPROVED AS TO FORM: By: Company Legal Counsel By: City Legal Counsel Date: Date: Page 3 - CONSTRUCTION-FINANCE AGREEMENT I