HomeMy WebLinkAboutRES 4056CITY OF RENTON, WASHINGTON
RESOLUTION NO. 4^6
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE
MAYOR AND CITY CLERK TO ENTER INTO AN INTERLOCAL AGREEMENT WITH
THE STATE OF WASHINGTON, DEPARTMENT OF TRANSPORTATION,
REGARDING SR 167 AT 15™ STREET SW TO S 180™ STREET HOV LANE WETLAND
BANK CREDIT PURCHASE.
WHEREAS, the State of Washington through its Department of Transportation
(hereinafter "State") is constructing improvements on SR 167 as part of a project known as 15th
Street SW to S 180th Street HOV Lane, hereinafter referred to as the "Project"; and
WHEREAS, a portion of the Project is within the corporate limits of the City of Renton
(hereinafter "City"); and
WHEREAS, work on the Project within the City requires the State to mitigate for wetland
impacts in accordance with RMC 4-3-050; and
WHEREAS, in order to comply with RMC 4-3-050 and proceed with construction of the
Project, the State committed to the purchase of future City credits from the Springbrook Creek
Wetland and Habitat Mitigation Bank; and
WHEREAS, the Banking Oversight Committee has released credits from the Springbrook
Creek Wetland and Habitat Mitigation Bank which are now available for the State to purchase
from the City; and
WHEREAS, it is necessary to enter into an agreement to memorialize and formalize the
terms and conditions of the purchase;
RESOLUTION NO. 4056
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES
RESOLVE AS FOLLOWS:
SECTION I. The above recitals are found to be true and correct in all respects.
SECTION II. The Mayor and City Clerk are hereby authorized to enter into an
th interlocal agreement with the State entitled Agreement GCA-4685 SR 167 15 Street SW to S
,th 180 Street HOV Lane Wetland Bank Credit Purchase.
PASSED BY THE CITY COUNCIL this 19th day of July . 2010.
Bonnie I. Walton, City Clerk
APPROVED BY THE MAYOR this 19th day of J^Y ., 2010.
Lawrence J. Warren, City Attorney
Denis Law, Mayor
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