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• ` <br /> Kirk Brooks <br /> From: Michael Brick <br /> Sent: Friday, April 29, 2016 12:29 PM <br /> To: Kirk Brooks <br /> Subject: Polygon Riverfront (Eclipse and Simpson Sites) Traffic Mitigation Fees <br /> Kirk, <br /> I located the Traffic Impact Analysis by Transportation Engineering NorthWest for this project dated 6/16/2014. Based <br /> on their study I have figured out the per-unit and proportionate share fees for these projects. Here is a breakdown to <br /> the traffic mitigation fees due for the Polygon Riverfront projects: <br /> Date of Eclipse Site �p�V)S Simpson Site <br /> Payment per-Unit System Wide Proportionate Share Per-Unit System Wide Fee Proportionate Share <br /> Fee of Off-site of Off-site <br /> Improvements fmprovements <br /> Before $351 per Unit $4,875 due with final $854 er Unit <br /> p $14,300 due with final <br /> 6/2/2017 "per unit" fee "per unit" fee payment <br /> payment <br /> On or after (0.39 trips x fee per trip $4,875 due with final (0.95 trips x fee per trip in $14,300 due with final <br /> 6/2/2017 in effect at payment) per "per unit" fee effect at payment) per "per unit" fee nayment <br /> — – _ UniC _�-- p�ayrr��:,�t_ Un�C — I <br /> The proportionate share payment for signal improvements should be collected when the traffic mitigation fee for the <br /> last unit in each development �re �aid. These iees are not tied to inflation and will not change if they are paid afterJune <br /> 2, 2017 when the per-unit fee increases. <br /> If you have any further questions please let me know, <br /> Michael Brick, P.E. <br /> Associate Traffic Engineer <br /> City of Everett Public Works <br /> (425)257-7790 <br /> i <br />