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RES 1083/g/3RESOLUTIONNO. A RESOLUTION approving a Development Agreement between the City of Camas and Cam Thomas,for property located in the LI/BP Zone within the City of Camas. WHEREAS,Cam Thomas is the owner of certain real property within the City located at the northeast comer of the intersection of NE Lake Road and Friberg Road,and WHEREAS,the property owned by Cam Thomas is a remainder parcel from a larger tract,a portion of which was condemned by the City of Camas as part of the NE Lake Road /SE First Street improvement project,and WHEREAS,the parties have negotiated a Development Agreement which sets forth development standards that will govern the development of the remainder parcel,and vests the development of the property under the development provisions set forth in the Development Agreement,and WHEREAS,the City Council conducted a public hearing on the proposed Development Agreement on October 16,2006,at which time it considered testimony from all interested parties,and WHEREAS,the City Council finds that the Agreement has been reviewed by the Community Development Director and has been found to meet applicable planning requirements, 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 Cam Thomas and the City of Camas relating to property located at the northeast comer of the intersection of NE Lake Road and Friberg Road is 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. Resolution No.'/9 ?Page -2 7^C_ADOPTED by the Council of the City of Camas,and approved by the Mayor this „"(l day of October,2006. SIGNED : Mayor AAAATTEST: Clerk APPRO as to to C2City Attdmey