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022-22 - Ordinance - Amendment to Annexation Agreement with GEM1ORDINANCE NO.022-22 AN ORDINANCE OF THE CITY OF PORT ORCHARD, WASHINGTON, AUTHORIZING THE MAYOR TO EXECUTE AN AMENDED DEVELOPMENT AGREEMENT WITH MCCORMICK COMMUNITIES, LLC FOR THE MCCORMICK WEST DEVELOPMENT; PROVIDING FOR SEVERABILITY AND CORRECTIONS; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, pursuant to RCW 36.706.170, the City Council has the authority to review and enter into development agreements that govern the development and use of real property within the City; and WHEREAS, the City Council has adopted standards and procedures governing the City's use of development agreements, codified at Chapter 20.26 of the Port Orchard Municipal Code (POMQ and WHEREAS, McCormick Communities, LLC's predecessor, GEM 1 LLC entered into a pre - annexation Development Agreement with Port Orchard for the Development known as "McCormick West" which was titled "Annexation Agreement No. 085-11 for McCormick West" (hereinafter "Development Agreement"); and WHEREAS, Port Orchard annexed McCormick West on November 22, 2011 by passage of Ordinance No. 018-11; and WHEREAS, the City and McCormick Communities, LLC have prepared an Amendment to that Development Agreement, for the purposes of extending the term of the Development Agreement, waiving certain vesting to prior development standards, establishing new applicable standards, addressing minor modifications, updating applicable roadway standards, and establishing the sewer capacity reservation for the completion of the McCormick West Development; and WHEREAS, the Amendment of the Development Agreement is attached to this Ordinance as "Exhibit A"; and WHEREAS, on April 18, 2022, the City's SEPA official issued a determination of non - significance for the proposed Amendment of the Development Agreement and there have been no appeals; and WHEREAS, on May 10, 2022, the City Council held a public hearing on the proposed Amendment of the Development Agreement, and did not receive comments related to the Development Agreement, and WHEREAS, the City Council, after careful consideration of the Amendment of the Ordinance No. 022-22 Page 2 of 3 Development Agreement and all public comments and testimony, finds that the Amendment of the Development Agreement is consistent with the City's Comprehensive Plan and development regulations, the Growth Management Act, Chapter 36.70A RCW, and that the amendments herein are in the best interests of the residents of the City; now, therefore, THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION 1. Findings. The City Council adopts all of the "Whereas" sections of this ordinance and all "Whereas" sections of the Amendment of the Development Agreement as findings in support of this ordinance. SECTION 2. Authorization. The City Council approves of and authorizes the Mayor to execute an Amendment of the with McCormick Communities, LLC as provided in "Exhibit A" of this Ordinance. SECTION 3. Severability. If any section, sentence, clause or phrase of this Ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity of constitutionality of any other section, sentence, clause or phrase of this Ordinance. SECTION 4. Corrections. Upon the approval of the city attorney, the city clerk and/or code publisher is authorized to make any necessary technical corrections to this Ordinance, including but not limited to the correction of scrivener's/clerical errors, references, Ordinance numbering, section/subsection numbers, and any reference thereto. SECTION 5. Effective Date. This Ordinance shall be published in the official newspaper of the city and shall take full force and effect five (5) days after posting and publication as required by law. A summary of this Ordinance may be published in lieu of publishing the entire Ordinance, as authorized by state law. PASSED by the City Council of the City of Port Orchard, APPROVED by the Mayor and attested by the City Clerk in authentication of such passage this 28th day of June 2022. ►�unui��++qr PORT Cs .•GQ A�.'. _. SEAL" Robert Putaansuu, Mayor Ordinance No. 022-22 Page 3 of 3 ATTEST: Bran y �allac�eMMC, City Clerk APPROVED AS TO FORM: t (;�m 01ni-fer Ro I rtson, City Attorney's Office PUBLISHED: July 1, 2022 EFFECTIVE DATE: July 6, 2022 SPONSOR: Mark Trenary, Council EXHIBIT A: MCCORMICK COMMUNITIES, LLC AMENDMENT TO DEVELOPMENT AGREEMENT FOR MCCORMICK WEST MCCORMICK COMMUNITIES 202208100091 Amended Agreement Rec Fee: $214.50 08/10/2022 11:50:40 AM Page 1 of 12 Paul Andrews, Kitsap County Auditor Name and Mailing Address ��c�Z� lG� Cat►-� �-2-�� t ��s The Recorder is required to use only the information you provide on this cover sheet to index the document. Type or print legibly. Document Title(s): Auditor's File Number of Document (s) Referenced: Grantor(s) person(s) that conveys, sells or graritt�rlterest in property: GV-1-1 Grantee(s) person that buys, Y�� C�`56 of property is made: Abbreviated Leal D i 'orl�_� • Quarter; -Quarter eot ownship, Range (and Government lot # if applicable); OR • Plat/Condo Na , t or u number, building or block number; OR • Short Plat, Large L n ber, lot number and auditor file number Tax Parcel Number: 04/25/14 202208100091 08/10/2022 11:50:40 AM Page 2 of 12 AMENDMENT OF ANNEXATION AGREEMENT No. 085-11 McCormick West This AMENDMENT OF ANNEXATION AGREEMENT No. 085-11 ("Amendment Agreement") is entered into between the City of Port Orchard, a Washingt municipal corporation ("City" or "Port Orchard") and McCormick Communities, LLC, a Washin limited liability company ("McCormick"). City and McCormick are each a "Party" d to e er the "Parties" to this Amendment Agreement. RECITALS A. In 2011 the City and McCormick's predecessor in interest, G 1 red into the "ANNEXATION AGREEMENT No. 085-11 for Mc o We "Annexation Agreement"). McCormick West comprises the McC ick s Ma Plan and Preliminary Plat. The Annexation Agreement, a in it Recit 1 , is a development agreement authorized by RCW 36.70B.17 at applies area subject to the McCormick West Master Plan and Prelimin Plat tha:te ity was preparing to annex to the City. B. On November 22"d, 2011 the City approved ordi c annexing McCormick West subject to the Annexation Agree t. McCormick West is a portion of the larger McCormick Property that is describ i the CREDIT AGREEMENT FOR CAPITAL FACILITY CHARGES ("Credit Agree"that the Parties are executing in sequence with this Amendment Agreement. Co i k West portion of the larger McCormick Property is depicted on Exhibit o t dment Agreement. O C. As set forth in the Credit eem Cormick is financing and constructing five projects on the City's cu. t 1 rovement Plan (hereafter the Five CIP Projects) that the City is unable ce nstruct itself. By doing so, McCormick is creating water infrastructure th t will en b e the City to supply water to the McCormick Property as the City agr�jd tq d i he 1 9 PSA between the City and McCormick's predecessor, the McCormick to Co a D. By con tSnae ive C� Projects, McCormick also is constructing water infrastructure that will i to provide water to areas of the City outside of the McCormick Propertyck s construction will increase the City's total water storage capacity by "�Ils e zones and create infrastructure to serve the entire City in the event of sater supply or storage in other areas of the City. E. of 2JP--stimAtes the total cost of the Five CIP Projects to be $11,840,625. McCormick ce1 partial reimbursement for this investment in the Five CIP Projects by means ter CFC Credit described in the Credit Agreement. As stated in Section 3 of the it greement, McCormick and the City anticipate that McCormick will construct the CIP Projects within the next five years. (although drilling of Well 12 may take longer .ise the City needs to first secure water rights under the Foster program), but of Annexation Agreement No. 085-11 (McCormick West) FG:74413905.9/1518180.12 - 366922 -0037 202208100091 08/10/2022 11:50:40 AM Page 3 of 12 McCormick will receive the anticipated credit per ERU over the next 20 years, and may never receive full credit, depending on the market for lots within the McCormick Property. F. When the $11,840,625 invested by McCormick in the Five CIP Projects is adjusted for the time value of money over 20 years, the additional financing cost to McCormi 's between $1,933,991 and $2,544,900, depending on the rate at which new ERUs are deve d. This financing cost is not reimbursable under the CFC Credit Agreeme t i esents significant public benefit to the City and constitutes consideration for the 1 to 'n into this Amendment Agreement to extend the term of the Annexation e t to co 'de with the term of the Credit Agreement, so that sufficient ERUs ar otentia avail 1 to provide the credits needed to defray a meaningful portion of c is of i ancing and building the Five CIP Projects. G. In addition, Section 3 of the Annexation Agreement vest cCorm'c to er Section 16.30 of the Port Orchard Municipal Code, we do , and McCormick is willing to forgo its vested rights and instead ' to the Ci ' r lations in its current Unified Development Code, subject to one m ification se f h below in Section 3. This agreement by McCormick to waive its veste ight to Sect o 16.30 of the former Code constitutes additional consideration to the Ci o ter int t is Amendment Agreement. H. On March 14, 2022 the City and ormick executed the Credit Agreement, and the Parties are now executing this A n nent Agreement while also amending the Development Agreement for McCormic ods Phases III, IV, and V. These three agreements are intended to be con loget r s part of a larger agreement between the Parties, with each agreement c stit t' of the consideration for the other two agreements. 0 0 I. On April 17, 2018 the C' n e in an Agreement with Winward McCormick, LLC which is related to rmi mmunities, LLC for the purpose of Winward McCormick, L C co s ructing S wer Lift Station #1. The construction of Sewer Lift Station #1 nes.ad 'ti al c ideration for this Amendment. J. In i the 1. ises and undertakings described above together with those in ty and McCormick agree as follows: AGREEMENT ation reement affirmed. The Annexation Agreement, together with the vested that M ormick obtained pursuant to RCW 58.17.033(1) when it submitted a ;t 'cation for the preliminary plat of McCormick West and when the Kitsap oard of County Commissioners approved this Preliminary Plat, are affirmed *modified by this Amendment Agreement. ;ion of term: The term of the Annexation Agreement and of the associated vested are hereby extended to coincide with the term of the Credit Agreement, which shall of Annexation Agreement No. 085-11 (McCormick West) 18180.12 - 366922 -0037 202208100091 08/10/2022 11:50:40 AM Page 4 of 12 be 20 years from execution of this Amendment Agreement or until McCormick receives the Maximum Water CFC Credit as described in Sections 6 and 11 of the Credit Agreement. However, in no case shall this Agreement extend beyond the twenty-year extension term. 3. Section 3.c Vesting Waived. McCormick waives its Section 3.c vesting\t�q former stormwater control standards and to former drainage regulations. l� \ 4. Section Id Vesting Waived; Updated Roadway Cross Sections. o ick wai e its Section 3.d vesting to the Road Cross Sections that were attache a Appe x D. ew Appendix D with applicable Road Cross Sections is attac d o this mendment Agreement and will replace the Appendix D to the Annexatio re e ese updated Road Cross Sections will apply to future phases of the dev m t. es currently under LDAP/SDP permit application review that have u it zed the oad ss Sections from Appendix D of the Annexation Agreement nee t use t e pdated Road Cross Sections contained in this Amendment. 5. Section 3.e Vesting Waived. McCormick w i es its Section.e vesting to former POMC 16.30 and agrees that development of reside is structu s and lots within McCormick West shall be consistent with Title 20 as it ex' s as o the date of execution of this Agreement, provided that POM 20.32.020(6)(c) shall not apply and POMC §20.34.030(5)(d) and (6)(d) are modi o that rear yard setbacks from alleys for both principal and accessory structures shall b inimum four (4) feet; and provided further that in the event of conflict b n pe ' 1 regulations within Title 20 and the development depicted and appr ed e ce of the Preliminary Plat, including any approved amendments tort Pre ' i P , the Preliminary Plat shall control. However, if major modifications are to t e ' inary Plat, then those modifications would be based on the then-curren a e ulations and that plat would not be vested to an earlier vesting date un i er t e e elopment Agreement, or this Amendment. Further, provided, that uture wner(s) any of the parcels of the Property to which this Amendment ie�m t the' ption, waive this or subsequent vesting. 6. Section 1.1 A qi eikde&�&ction If is hereby amended to read as follows: 3 Final Pla nor fiwdifications. The preliminary plat of McCormick West was designed and appro e a ed on kitsap County's system for approval of minor modifications to the pre*iat Ong the final plat review and approval process. The Parties recognize thatandards for distinguishing between minor modification, which may be apstaff, and major modifications, which require re -review by the Hearing an more stringent than the County's. During the final plat process for st, the City staff is authorized to permit minor modifications without the nece it of further review by the Hearing Examiner so long as the modification is ons. tent with the Department of Ecology's Stormwater Management Manual in effect at e ime of the modification and also does not (1) increase or decrease the number of aut orized homes by more than 30 dwelling units; (2) increase the number of lots by more of Annexation Agreement No. 085-11 (McCormick West) -366922-0037 202208100091 08/10/2022 11:50:40 AM Page 5 of 12 than 30 lots (however, modifying single-family dwelling units to attached (zero lot line) housing units would qualify for a minor modification); (3) increase traffic volumes above the volume contemplated by the 2021 Development Agreement for Transportation; (4) require modification or alteration of a critical area or buffer that was not contemplated by the preliminary plat approval or as described in Section 8 of this Amendment; o (5) reduce the amount of open space or recreational facilities contemplated by the preli ary plat approval. , 7. Section 4.a Extension. The Term of this Agreement is addresse tion 2 his Amendment, therefore, the option for afive-year extension addre d in S ti n 4.a f he Annexation Agreement is no longer appropriate and McCormick ai es its r g t to request such an extension under this Amendment. 8. Critical Areas Vesting and Updating. Critical are s were Otblisfied? under the preliminary plat approval process, including e an er s a dards. McCormick remains vested to these critical area pe mane sta r . The prior wetland categorization will also remain in place. Ho e er, since et ands do migrate and change over time, updated wetland delineations will required at h time of submittal of a land disturbing activity permit so that the locations o e buff s and wetland boundaries will be consistent with the then -present site condition . Sewer Capacity Reservation. App v of this Agreement by the City Council is equivalent to issuance of a sewer ca ac' servation certificate (CRC) under POMC Chapter 20.180 for 1,575 dwellin he r capacity reservation shall expire if this Agreement is not subsequently ecu e e Mayor, and once executed, the capacity reservation will expire v it this r e111 e 10. Default. Failure or della i r�P-,�fty to perform any term or provision of this Amendment Agreeme a co s u a default. In the event of alleged default or breach of any terms o condit o s oft Amendment Agreement, the Party alleging such default or breach s g' e t e ther rty not less than thirty (30) days' notice in writing, specifying h t ed default and the manner in which said default may be cured. in s thi 0) day period, the Party charged shall not be considered in default o e f to ination or institution of legal proceedings. After notice piral"ion of the thirty (30) day period, if such default has not been cured or isjio el diligently cured in the manner set forth in the notice, the other Party to this A dment reement may, at its option, institute legal proceedings pursuant to this Am ment reement. 11. - a of Breach. The failure of a Party to insist upon strict performance of any of the c e nts and agreements contained herein, or to exercise any option herein conferred one or more instances shall not be construed to be a waiver or relinquishment of said ants, agreements, or options, and the same shall be and remain in full force and effect. of Annexation Agreement No. 085-11 (McCormick West) ig& 4 :74413905.9/1518180.12 - 366922 -0037 202208100091 08/10/2022 11:50:40 AM Page 6 of 12 12. Conflict. In the event of any conflict between this Amendment Agreement and the Port Orchard Municipal Code, this Agreement shall control. 13. Resolution of Disputes and Governing Law. If any dispute arises between the City and McCormick under any of the provisions of this Amendment Agreement, juris on of any resulting litigation shall be filed in Kitsap County Superior Court, Kits County, Washington. This Amendment Agreement shall be governed by con t ed in accordance with the laws of the State of Washington. The non-prevai 1 i any action brought to enforce this Amendment Agreement shall pay the es' ex ses and reasonable attorney's fees. 14. Written Notice. All written communications regarding enfo en r alie ed breach of this Amendment Agreement shall be sent to the parties at t s li elow, unless notified to the contrary. Unless otherwise specified, an ritten o .ce h under shall become effective upon the date of both emailing ilin b regi e ed or certified mail, and shall be deemed sufficiently given if sent e a dresse t address stated below: McCORMICK: Eric Campbell Rob lut ayor 12332 NE 115th ansuPlace City of Port Orchard Kirkland, WA 98033 16 Prospect Street eric@mspgroupllc.com o Orchard WA 98366 a suu@cilyofportorchard.us Nick Tosti 805 Kirkland Avenue,*ite 2 opy shall also be transmitted to the City Kirkland, WA 98033 lerk at the above address. nicktosti@gmail.com 15. Assignment. I the e e t that Cormick assigns the Credit Agreement in accordance with Sectio f e r it A ement, this Amendment Agreement shall be deemed to be simultan use s e e same assignee. 16. Modifi a 'o aivef,./alteration, or modification of any of the provisions of this Amendm nt n hall be binding unless in writing and signed by a duly authorized representa iv re e Ci and McCormick. 17. Sev abili . e provisions of this Amendment Agreement are declared to be severable. If rovisi of this Amendment Agreement is for any reasons held to be invalid or ��o ti by a court of competent jurisdiction, such invalidity or unconstitutionality t a ect the validity or constitutionality of any other provision. aith and Due Diligence. The Parties agree to perform all obligations under this rent Agreement in good faith and with due diligence. of Annexation Agreement No. 085-11 (McCormick West) 18180.12 - 366922 -0037 202208100091 08/10/2022 11:50:40 AM Page 7 of 12 19. Binding on Successors. The rights, obligations, conditions, and interests set forth in this Amendment Agreement shall run with the land and shall inure to the benefit of and be binding upon McCormick, and its heirs, personal representatives, successors. and assigns. IN WITNESS WHEREOF, the parties have executed this Agreement on this day of _ , 2022. MCCORMICK COMMUNITIES, LLC By: Its: _ + c he OVED AS TO FORM: Patrick Schneider Attorney for McCormick Communities E CITY OF PORT O By:_� Its: Mayor Port Orchard Brandy Wallace - Port Orchard ,q ,ty„gjerk .� ?QRT ✓ ��i o _ SEAL /N. cry ^qco. OFLVA ent No. 085-11 (McCormick West) 202208100091 08/10/2022 11:50:40 AM Page 8 of 12 STATE OF WASHINGTON ) ) ss. COUNTY OF KITSAP ) I certify that I know or have satisfactory evidence that Robert Putaansuu is th rson who appeared before me, and said person acknowledged that he signed this instrument, on h stated that he was authorized to execute the instrument and acknowledged it as the Ma Po chard to be the free and voluntary act of such party for the uses and purposes mentioned in the �'—sifument. Dated:I)IV 20_D0 11111111111111/ �A1 N. E. \�. Missio,l O "1 5'2 �+ ®T4, :C" Lq ry �rnber • O N�''�\\��� nt o ty —9Pd for the of Wash n ton residirm at: expires: —� aexation Agreement No. 085-11 (McCormick West) -366922-0037 202208100091 08/10/2022 11:50:40 AM Page 9 of 12 STATE OF WASHINGTON ) ss. COUNTY OF �� ) I certify that I know or have satisfactory evidence that n(,_ Ct-NA who appeared before me, and said person acknowledged that (he/she) signed this ins oath stated that (he/she) was authorized to execute the instrument and acknowledgpdji �^ of McCormick Communities, LLC to be the free and voluntary act of suc uses and purposes mentioned in the instrument. L Dated: ��i`1 Z1� 20 2l- NOTARY PUBUC STATE OF WASHINGTON ANDREW 0 MARSHALL MY COMMISSION EXPIRES FEBRUARY 26, 2025 COMMISSION NO.164918 0 12 - 366922 -0037 or ARY P IC in and for the of Washi g on, residing at: V ,./ WO person ent, on My Commission expires: O 7 7-Sr 0 (r� -nt No. 085-11 (McCormick West) Ithe 303308100001 08/10/303311:50:40AM Page 1Oof13 202208100091 08/10/2022 11:50:40 AM Page 11 of 12 2 O z 0 - - - z 0 w� O U zw mm m f � O� Cn lA L1. w a- CDC =a 3a -- VO Q •U ❑W LU ?�_ N O mi CO J U O Q N 0 L� -O w 3 z= g o z o U N w cwn O - --- ❑ U) Qw o� =cn z 2 a x o � z w N w w CL N W N d N L EN fi U m Z C O y, N � N U �s ❑ ❑ fA F I a 0 m -J z O - J w o 3 pU LLI O ❑ z0 = U W o ❑} O > C OIL - (m w z C C C O a 2 ,, O ) � U m m w w N Cn z ¢ o ❑ O O z¢ ❑ m n co Of (V U N 2 \ C N C6 z o 3--_—_-- ^_ _ m O U Q wU, wz o Ja) Qa� m¢ m o a @� lu J 3 \ W m z=D x0 w U oU o= d w LL e z� ❑co Z Q M ---- Q w U) N _ L Q a x E _- CL _- O a m N o O a) CD co cc Y "O t� 0 O �E i O U t� 202208100091 08/10/2022 11:50:40 AM Page 12 of 12 Fxhihit A