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RES 990Y/oRESOLUTIONNO. A RESOLUTION approving a development agreement between the City of Camas and Pacific Links,LLC,for a residential development on property located within the City of Camas. WHEREAS,Pacific Links,LLC,is the owner of or is acquiring certain real property within the City,commonly known as Phase III,of Camas Meadows Corporate Center,and WHEREAS,Pacific Links,LLC,has proposed to develop the site as a 112 unit multi- family housing project,and WHEREAS,the property is zoned LI/BP with a North Dwyer Creek residential mixed use overlay pursuant to Title 18 of the Camas Municipal Code,and WHEREAS,the parties have negotiated a development agreement which sets forth the development standards that will govern the development of the property,vests the development of the property under the development provisions of the Camas Municipal Code in effect at the time of execution of the agreement,and allocates capacity in the transportation system for the development of the property for the purpose of meeting the concurrency requirements of the City’s Comprehensive Plan and Regulations,and WHEREAS,the City Council conducted a public hearing on the proposed development agreement on September 13,2004,at which time it considered testimony from all interested parties,and WHEREAS,the City Council continued the public hearing to September 27,2004,for further testimony,and WHEREAS,the City Council finds that the agreement has been reviewed by the planning manager,and has been found to meet applicable planning requirements,and that multi-family residential use is appropriate for the site,and WHEREAS the Council desires to approve the development agreement, NOW,THEREFORE,BE IT RESOLVED BY THE COUNCIL OF THE CITY OF CAMAS AS FOLLOWS : SECTION I That certain development agreement between Pacific Links,LLC and the City of Camas relating to Phase III of Camas Meadows Corporate Center within the city limits of Camas is Resolution No.*ffo Page -2 hereby approved,and the Mayor is authorized and instructed to sign the agreement on behalf of the City. SECTION II The development agreement shall be recorded with the Clark County Auditor pursuant to the requirements of RCW 36.70B.190. ADOPTED by the Council of the City of Camas,and approved by the Mayor this fp"] day of September,2004. A. V «s_JSIGNED:I Mayor %A /)/2-vATTEST:i y,..„,.Cr•v Clerk / APP VED as tjY A r/ Cily:,.,Attorney