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A: r <br /> ' Public Works <br /> <br /> ~ Engineering <br /> City of Eugene <br /> 858 Pearl Street <br /> Eugene, Oregon 97401 <br /> (541)682-5291 <br /> (541)682-5032 Fax <br /> July 17, 2002 <br /> Ross Murry <br /> c/o David Nichols <br /> 3610 Goodpasture Loop <br /> Eugene, OR 97401 <br /> Re~ Candlelight Park Exchange Agreement <br /> Dear Ross, <br /> In continuance of ongoing communications between staff of the city of Eugene(City)and <br /> yourself (Developer) and David Nichols this is to confirm the City's desire to proceed with the proposed exchange <br /> to create the revised park configuration as illustrated in attached Exhibit C. The subdivision shall include all of <br /> the Developer property and the Park property and thus the City will also be signing on the plat as an affected <br /> owner. Exhibits A and B also attached contain the scope of work and additional supporting details of the <br /> proposal which, by attachment, are to become part of the terms of this agreement. <br /> Developer and/or his engineer shall provide and process the subdivision platting to create the proposed <br /> configuration. The area being conveyed from the Developer to the City may be dedicated to Parks via the Plat <br /> or by separate deed after the plat is recorded. The area to be conveyed from the City to the Developer will be <br /> conveyed by Deed, per Eugene Code, after the plat is approved and recorded. The necessary legal descriptions <br /> and related maps as needed to consummate plat and deed(s) to be provided by Developer. As described in the <br /> attached Exhibits and subject to the City's review and approval of street related costs, the City agrees to <br /> reimburse the Developer for half of the street costs based upon the lineal front footage for the streets to be <br /> constructed on the north and west sides of the reconfigured park site. Street costs are to include a prorated <br /> share of engineering related costs based on the percentage of frontage relative to total project frontage and the <br /> costs of curb, gutter, paving, sewer pipes and utilities, but excluding any costs for which the Developer shall <br /> receive SDC credits from the City. Reimbursement subject to City's review and approval of costs. Payment to <br /> be made within 30 days of receipt of accounting of said costs. <br /> Further analysis indicated the new park reconfiguration will result in more street frontage than the present <br /> configuration. Because of the estimated additional street costs the City and Developer have agreed that the <br /> Developer shall credit the City the amount of $15,000 against the amount to be reimbursed by City to Developer <br /> to offset the estimated increased street frontage. <br /> In addition to the above described $15,000 credit for the added frontage, it is agreed that any SDC credits <br /> available to the developer for the construction of the infrastructure for the main north/south street between the <br /> city park site and the remainder of the subdivision (See Exhibit "C") will be dispersed based on the method as <br /> indicated in the following example: Assuming a 2&foot wide paved street is constructed of which 20 feet would <br /> receive no SDC credit based on the classification of the street, this leaves an 8-foot width eligible for SDC <br /> credits. <br /> <br />