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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 62)tor0 Simpson Site a we,, <br /> Payment <br /> Per-Unit System Wide Proportionate Share Per-Unit System Wide Fee Proportionate Share <br /> Fee of Off-site of Off-site <br /> Improvements Improvements <br /> Before • ($351 per Unit $4,875 due with final $854er 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 payment <br /> Unit payment Unit <br /> The proportionate share payment for signal improvements should be collected when the traffic mitigation fee for the <br /> last unit in each development are paid. These fees are not tied to inflation and will not change if they are paid after June. <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 /> • <br /> • <br /> 1 <br />