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Res 1015 - Infra Dev HWI COUNCIL BILL NO. 1244 RESOLUTION NO. 1015 A RESOLUTION COMMITTING CITY PARTICIPATION IN THE INFRASTRUCTURE DEVELOPMENT OF THE HARDWARE WHOLESALERS, INC. PROJECT. WHEREAS, the City of Woodburn desires to stimulate economic development for the benefit of the community; and WHEREAS, the City of Woodburn is in need of improving water and sewer 1 in kages in the freeway interchange a rea to benefi t the health and safety of local service; and WHEREAS, the proposed project allows the shared benefit participation of private, local, and state resources to accomplish said infrastructure improvements; and WHEREAS, the completion of this infrastructure development will further the community development goals of the community; NOW, THEREFORE, THE CITY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. The City Council finds that the degree of public benefit involved in said project warrants City participation by virtue that (a) street improvements to Highway 214 also benefit access to west Woodburn which is already developed, (b) water improvements provide a secondary loop access for improved capacity and health to the west Woodburn area, and (c) sewer improvements will ultimately replace a deteriorating pump station which is a City maintenance responsibility as well as provide service to a developing industrial area. Section 2. The City of Woodburn has estimated costs and determined benefit participation by the parties involved to approximate $375,000 applicable to the 100 acre site of which Hardware Wholesalers, Inc. will be responsible for their proportional acreage, approximately $150,000 applicable to local area properties benefitted by said infra- structure improvements to be deferred through receipt of a conditional grant from the State and repaid through special development charges; and $641,000 applicable to public improvements of which the City of Woodburn and State of Oregon will participate in support. Section 3. In order to facilitate corporate planning and commitment, the City council guarantees the above property owner project participation cost at $375,000 with the conditions that (a) State participation in conditional and non-conditional grants does not decrease by 10% or greater from an estimated total participation of $561,000, (b) Hardware Wholesalers, Inc. obtain building permits Page 1 - COUNCIL BILL NO. 1244 RESOLUTION NO. 1015 r , ,.._..... _.,_n_._.' for the project prior to 6/30/91, and (c) that this guarantee is to be construed consistent with and conditioned upon the debt limitations imposed upon the City by the Oregon State Constitution and Woodburn City Charter. Section 4. In the event that the conditions in Section 3 are not met, the involved parties may negotiate final disposition. Section 5. It is also understood that the above estimates were based upon the City's 4/87 main infrastructure design for this a rea and the Jul y, 1990 project proposa 1 for improvement costs; and that additional ~Iater and sewer service lines, as well as internal roadway improvements for access to Hi ghway 214, wi 11 be the property owner's responsbility. Section 6. The City staff are hereby directed to prepare documentation as necessary to facilitate grant applications and other components of this improvement project. ~ Approved as to form:?7.h~A/ ![-1-to City Attorney Date Passed by the Council August 13, 1990 Submitted to the Mayor August 13, 1990 Approved by the Mayor August 13, 1990 Filed in the Office of the Mayor August 13, 1990 ATTEST: fil~ C, -;;:,-,>~i:- MARY E. ENNANT, DEPUTY RECORDER CITY OF WOODBURN, OREGON Page 2 - COUNCIL BILL NO. 1244 RESOLUTION NO. 1015 ..