Title
Approval of a Right-Of-Way Permit Agreement between the City of Olympia and Vine Street Investors, LLC
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve and authorize the City Manager to sign the Right-of-Way Permit Agreement with Vine Street Investors, LLC.
Report
Issue:
Whether to renew the current right-of-way permit agreement between Vine Street Investors, LLC and the City of Olympia which expires on March 23, 2014 for four years.
Staff Contact:
Ladd F. Cluff, PLS, City Surveyor, Public Works Engineering, 360.753.8389
Presenter(s):
None - Consent Calendar Item
Background and Analysis:
In 1998 Vine Street Investors requested use of a portion of Quince Street, between 8th and 9th Avenues, for parking associated with an office building located at 927 8th Avenue SE. This portion of Quince Street is unopened right-of-way that has not been improved for public roadway purpose.
Vine Street Investors and the City have maintained this Agreement for a period of sixteen years, renewing it every four years. The Agreement allows Vine Street Investors to use the unopened right-of-way for parking purposes until such time as the City decides to use the right-of-way for street purposes. As a condition of the permit, Vine Street Investors is responsible for maintaining the property and constructing public roadway improvements if and when the City deems it necessary.
Neighborhood/Community Interests (if known):
· Vine Street is currently using the right-of-way for parking for its adjacent office building.
· There are no plans in the Capital Facilities Plan for a transportation improvement project, nor any known private development projects that will necessitate a change in the use of the right-of-way.
Options:
1. Approve and authorize the City Manager to sign the Right-of-Way Permit Agreement with Vine Street Investors, LLC.
a. The agreement generates revenue annually for the General Fund.
b. Allows for continued use of the Quince Street right-of-way by the adjacent office for parking purposes.
c. The City's interests are not negatively impacted.
2. Do not approve the Right-of-Way Permit Agreement.
a. Reduces revenue to the General Fund.
b. Requires the owner of the office building to find parking at an alternate location.
c. Places the burden of maintenance of the right-of-way back on the City.
Financial Impact:
The Right-of-Way Permit Agreement generates $4,890 a year for the General Fund.