Title
Approval of a Resolution Authorizing a Listing Agreement with Kidder Matthews for 1305 Cooper Point Rd - West Olympia Commercial Property
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a resolution authorizing the City Manager to sign a listing agreement with Kidder Matthews for the West Olympia Commercial Property located at 1305 Cooper Point Rd. (former West Olympia Landfill site).
Report
Issue:
Whether to approve a resolution authorizing the City Manager to sign a listing agreement with Kidder Matthews to proceed with marketing the West Olympia Commercial Property.
Staff Contact:
Mike Reid, Economic Development Director, Community Planning & Development Department, 360.753.8591
Presenter(s):
None - Consent Calendar Item
Background and Analysis:
The West Olympia Commercial Property is the former West Olympia Landfill site parcel, located at 1305 Cooper Point Rd. The City is currently engaged with the Washington Department of Ecology's(DOE) Model Toxics Control Act (MTCA) cleanup process via Agreed Order No. DE 13797 to remediate the property for eventual commercial development.
The City has received approval of a Remedial Investigation report and review of an Interim Action Plan for the property from DOE and has recently submitted a draft Feasibility Study report to DOE. The Remedial Investigation report characterizes site contamination, and the Interim Action Plan and the Feasibility Study together describe how the property will be remediated to address environmental contamination associated with the site.
The City intends to sell the property for commercial development by a private developer. The developer and the City will adhere to DOE-required remedies for onsite soil/waste/soil gas contamination and sharing certain development costs. (The City has proposed to DOE to retain full responsibility for remediating onsite and any offsite groundwater contaminatio...
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