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This Memorandum of Understanding (MOU) is entered into among the signatory parties <br />as an effort to articulate a set of mutually agreed upon steps to enhance freight mobility <br />throughout the central Puget Sound Region —from the area of Everett in the north to the <br />area of Tacoma in the south, and eastward towards the SR 2 and 1 -90 mountain <br />passes —the FAST Corridor. This MOU updates the 1998 MOU regarding the Phase 1 <br />project package and communicates how the FAST Corridor Phase I and Phase II <br />partnership is envisioned by its cooperating member agencies, to assist each agency to <br />plan towards meeting its share of the Phase 11 costs and responsibilities. <br />In that spirit and context, it is agreed among the parties as follows: <br />Premises: <br />1. The name "FAST Corridor" refers to a series of related but independent projects <br />and actions which incrementally and when completed systematically improve <br />freight movement and mitigate the impacts of increasingly intensive use of the <br />freight transportation corridors in the Everett Seattle Tacoma region. <br />a) FAST Phase I refers to the fifteen projects selected in the first <br />prioritization process (1998) of the FAST Corridor. These are delineated <br />in Attachment A. <br />b) FAST Phase 11 refers to the ten projects selected in the Spring 2002 <br />prioritization process of the FAST Corridor. These are delineated in <br />Attachment B. An additional seven projects were identified as probable <br />candidates for future inclusion within the FAST Corridor (Attachment C). <br />St Of <br />OR G \A_ <br />FAST Corridor 2002 MOU <br />/4 ()z 11! <br />Memorandum of Understanding <br />Among the principal parties of the <br />FAST Corridor <br />-1– <br />