Item: PH #1Development Agreement • November 14th, 2018 • Washington
COUNCIL MEETING DATE: December 3, 2018 SUBJECT: Development Agreement for Lot 1 of the Affinity at Arlington LLC. Binding Site Plan, a Mixed Use Development ATTACHMENTS: Development Agreement, Copy of AMC 20.39‐ Development Standards, and Binding Site Plan Map DEPARTMENT OF ORIGIN Community and Economic Development EXPENDITURES REQUESTED: 0 BUDGET CATEGORY: 0 BUDGETED AMOUNT: 0 LEGAL REVIEW: DESCRIPTION: Proposed Development Agreement for Affinity at Arlington LLC, Lot 1, of the Affinity at Arlington Binding Site Plan, a Mixed Use Development, describing certain conditions and allowing for the use of the projects traffic mitigation fees to be utilized for the construction of 169th St NE., includingintersection, signalization and frontage improvements on Smokey Point Blvd. HISTORY: Development Agreements are typically utilized to ensure that certain terms and/or conditions are being met. The City requested that 169th St. NE be constructed as a development condition for the property lo