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RETURN ADDRESS: <br /> Evcrctt School Dislnct N2 <br /> Al�n: Mikc Gunn,Fac.&Plan. <br /> 3715 Oakcs Avc.,3"'Floor <br /> Cvcrc�t,WA 98201 <br /> MI'1'IGATION AGREEMGNT <br /> 9'HIS AGR[BMENT is madc and cntcred into tliis 28tn day of <br /> 5eptember , I')9),and bchvccn EV[RE'.1'SCFIOOL DISTRIC7'NO.2 <br /> ("District")nnd Oakes Limilcd Partncrship(Owner),und A�cir succcssors or assigns. <br /> RECITALS <br /> A. Oakcs Limitcd Partncrship has applicd for a builJing perniit for wnstruction <br /> of 20 multi-family dwelling units known as Onkes Avcnuc Commons Cooperative(thc <br /> "I'rojecC'),City of Gverott SEPAtt No. I 1G-98,located at thc 3125 Oukes Avcnue, <br /> Hvcrett,WA.,and more particularly describcd as follows: <br /> Legal Descriptiatt <br /> TH@ SOUTH HALF OP LOT 5 AND ALL OF LOTS G,7,8,9 <br /> AND 10,6LOCK 740,THG BVERETT LAND COMPANY'> <br /> PIRST ADDITION TO GVERL7T ACCORDING TO THG PLAT <br /> THERLOF,RECORDLD IN VOLUME 3 OF PLATS, PAGG 20, <br /> RECORDS OF SNOHOMISH COUNTY,WASHINGTON. <br /> D. The Statc Gnvironmcnlnl Policy Act("SEPA")provides proccsses and <br /> proccdurcs�vhcrcby major uctiais by statc and local agcncics,including,but not limitcd <br /> to,thc issuancc of building pcnnits,may bc rcvicwcd to dctcmiinc thc naturc and extcnt <br /> of thcir impact on thc cnvironmenL Impacts on public scrviccs,induding schools,arc <br /> environmental impacts (or pwposes of SEPA. SEPA requires the mitigation of adverse <br /> cnvironmr�tal impacts. <br /> C. Thc Project will bc locatcd in an area wherc the District will servc school <br /> children residing ihcrcin. <br /> D. Thc Dislrict has idcntificd thc impacts on Ihc District thnt will bc a dircct <br /> result of thc conswction of thc Projcct. <br /> G Thc identificd impacts includc Ihr,projcctcd addition 4.82 unhouscd <br /> clemcntary and middlc school studcnts to thc District. <br /> �. Thc District projccts Ihat thc cicmentary and middlc schools scrving thc <br /> Projcet will bc over capacity when the swdents from thc Project enler school. As a result, <br /> �hc District will havc to providc spacc in portablc classrooms and othcr school Cacilitics in <br /> ordcr ro housc mid othcnvisc accommodatc thcsc students. <br /> G. O�cncr and lhc Dislrict havc rcvicwcd the mitig.�tiun rocasures rcasonably <br /> ncccssary to mitigatc thc impacts dircclly resulting trom Ihc Projcet and havc r,ancludcd <br /> �hat the provisions sct forth below in this Agrcement constitute completc and appropriute <br /> provisions for full mitigation by Owner of the identificd impacts from the Project on thc <br /> Uisirict. <br /> I1. Ncithcr thc impacts idcntified nor thc mitigution mcasures oCfcrcd hcrcin <br /> affcct, rcducc or cnlargc any othcr obligatian Oakcs Limited Pnrtncrship or thc Projcct <br /> has to comply with rcquircd land usc approvals. <br />