HomeMy WebLinkAbout05-102 - Boeing - Longacres Park Transportation Mitigation Letter of Understanding•
October 27, 2005
The Boeing Company
P O Box 3707
Seattle, WA 98124-2207
The Honorable Steven M. Mullett
Mayor of the City of Tukwila
6200 Southcenter Blvd.
Tukwila, WA 98188
• AC 05-162,
Re: Letter of Understanding Regarding the City of
Tukwila/Longacres Park Transportation Mitigation Agreement
(December 20, 1?95)J�
Dear May ullett:
As you know, Boeing is currently preparing for the eventual redevelopment of
its Longacres Office Park ("LOP") site. In conjunction with those planning
efforts, Boeing has reviewed the terms of the above -referenced Transportation
Agreement, which imposes conditions on development designed to mitigate
impacts of LOP redevelopment on the Tukwila transportation system. Boeing
has also met with members of City staff to discuss the effect of certain of the
Agreement' s terms.
This letter is to clarify and memorialize the Agreement's meaning and the
parties' intent with respect to the number of trips addressed by the Agreement,
the mitigation payment required, the nature of LOP development that generates
trips subject to the Agreement, and the Agreement's duration. In particular:
1. The Agreement was established to mitigate the impact of the
distribution of 1,831 vehicle trips from LOP into Tukwila (the "Tukwila
Trips"). The parties acknowledge that fees paid under the Agreement represent
the sole mitigation that has been or will be required by Tukwila to compensate
for traffic impacts, either on or off-site, associated with the Tukwila Trips.
LOP vehicle trip distribution to Tukwila in excess of 1,831 could require
additional review and mitigation under SEPA.
2. Boeing's transportation mitigation fee obligation under the Agreement
is paid incrementally as development occurs, at a cost per Tukwila Trip of
$562.29 per trip (to be determined using a trip distribution analysis of trips
impacting the City of Tukwila based upon streets and access points serving the
site at the time of development) with a cap on the total fee of $1,029,560.
Tukwila Trips generated by the BCAG Headquarters and Boeing -Renton
Family Care Buildings are 110 and 6 p.m. peak hour trips, respectively; fees
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October 27, 2005
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for these Trips (totaling $65,225.64) will be paid after mutual acceptance of
this letter of understanding and no later than January 31, 2006. Opportunities
under the Agreement to pay the transportation mitigation fee as a discounted,
lump sum have expired.
3. The parties agree that the 1,831 Tukwila Trips constitute a "Tukwila
Trip Bank" for the duration of the Agreement. The number of unused Trips in
BOE/NG the Tukwila Trip Bank' will be reduced at the time of occupancy by the number
of Tukwila Trips associated with each LOP project.
4. Boeing shall meet with Tukwila's Director of Public Works once every
five years for the duration of this Agreement to either pay or confirm that
Boeing has compensated Tukwila for all Tukwila Trips generated by LOP
development up to that date. Boeing shall schedule a final meeting to review
compensation for Tukwila Trips generated by LOP development prior to
December 31, 2030. In the event that Boeing fails to timely initiate a meeting
with Tukwila pursuant to this paragraph, Tukwila shall contact Boeing's
Government Relations Department to facilitate a meeting.
5. The parties acknowledge that the Agreement applies to future
development of LOP, regardless of whether that development conforms to
Boeing's preferred alternative for LOP described in the LOP EIS.
6. The Agreement does not now include a termination date. The parties
agree that the capped transportation fee amount will remain valid until the later
of (a) December 31, 2030 and (b) the occurrence of the final meeting required
under paragraph 4 above.
We believe that the points set forth above accurately memorialize our joint
interpretation of the Agreement. Please indicate your concurrence by signing
this letter as indicated below. Thank you for your continuing support and
assistance of the LOP project.
Very truly yours,
Shaunta R. Hyde, Manager
Local Government Relations
The Boeing Company
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October 27, 2005
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cc: Jeffrey R. Adelson, Boeing Realty
Laura Whitaker, Esq.
Peter Beckwith, Esq.
CITY OF TUKWILA:
v\
Steven M. Mullet, Mayor
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