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CITY OF RENTON
ECONOMIC DEVELOPMENT
NEIGHBORHOODS, AND STRATEGIC PLANNING
MEMORANDUM
DATE: November 6, 2001
TO: Mayor Tanner
FROM: Sue Carlson_ EDNSP
SUBJECT: Fry Electronics Mitigation Fee Waiver
i
Attached is a fax from Matt Alexander who is representing Fry Electronics, listing the discussion
I points for tomorrow's conference call. I have also attached the correspondence that I have sent to
Mr. Alexander on this issue. There are a few- things that I'd like to point out_
As you can see from the letter that I send to Mr. Alexander on July 188'I have discussed taking to
he City Council the follow ing:
Traffic Mitigation Fees - S90,633
Fire Mitigation - S78,624
Water and Sewer Development Charges - S70.1 1 I
Off—si:e transportation improvements - S18.000 - S25.000
Total SS264369
I have not discussed building permit fees and I have never guaranteed that these fees would be
waived, only that we would take it to the Council for discussion.
As we have discussed previously I told him that the City would not consider waiving all fees on
their surplus land because .ve would have no idea at this time what the costs would be or what
revenue the use would produce_ I thought we might consider waiving future mitigation fees for a
retail development of a certain size for a limited period of time because we have a good idea of
what the mitigation fees would be for a retail use and we can also calculate what the benefit to the
City would be.
-- [Click I — and Hoe Harrel