Title
Approval of a Resolution Authorizing a Right-of-Way Agreement for Quince Street 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 the resolution authorizing the Right-of-Way Agreement and authorizing the City Manager to sign the necessary documents for a Right-of-Way Agreement with Vine Street Investors, LLC.
Report
Issue:
Whether to approve a resolution authorizing a Right-of-Way Agreement between Vine Street Investors, LLC and the City of Olympia for a four-year term.
Staff Contact:
Fran Eide, P.E., City Engineer, Public Works Engineering, 360.753.8422
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 purposes.
Vine Street Investors and the City have maintained this agreement for a period of twenty years, renewing it nearly every four years. The Agreement allows Vine Street Investors to continue 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 agreement, Vine Street Investors is responsible for maintaining the property and constructing public roadway improvements if and when the City deems it necessary.
The last Agreement expired on March 19, 2018. Vine Street has continued to make payments for use of the right-of-way.
Neighborhood/Community Interests (if known):
• Vine Street is currently using the right-of-way for parking for its adjacent office building.
• Payment for the period March 2018 - April 2020 will be required prior to execution of the new agreement.
• There are no projects listed 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 the resolution authorizing the Right-of-Way Agreement and authorizing the City Manager to sign the necessary documents for a Right-of-Way Agreement with Vine Street Investors, LLC.
a. Allows for continued use of the Quince Street right-of-way by the adjacent office for parking purposes.
b. The City’s interests are not negatively impacted.
c. The agreement generates revenue annually for the General Fund.
2. Do not approve the resolution authorizing the City Manager to sign the necessary documents for the Right-of-Way Agreement with Vine Street Investors, LLC.
a. Requires the owner of the office building to find parking at an alternate location.
b. Places the burden of maintenance of the right-of-way back on the City.
c. Reduces revenue to the General Fund.
Financial Impact:
The Right-of-Way Permit Agreement generates approximately $25,000.00 over a four-year period for the General Fund.
Attachments:
Resolution
Agreement
Vicinity Map