Loading...
HomeMy WebLinkAbout01/17/2024 6A AGENDA BILL CITY OF BREMERTON 6A CITY COUNCIL SUBJECT:Study SessionDate: January 10, 2024 Easement Exchange with Meridian Terrace COUNCIL MEETING January 17, 2024 LLC; and Vacant Land Use Purchase and Date: Sale Agreement Department: PW&U Presenter:T.Knuckey/S.Walsh/C.Apfelbeck Phone: (360) 473-5928 SUMMARY: Meridian Terrace LLCowns approximately 110 acres adjacent toCity of Bremerton Utility Land. They will be developing their property for housing and are requesting an easement exchange with the City off McKenna Falls Road W. Meridian is proposing an agreement that has 3 parts: 1.E property giving them access to three of their parcels. In exchange the City would receive supporting headwall located on Meridian property. 2.Meridian would sella portion of their property to the City that would act as a buffer between their new development and City property. 3.Meridian wouldrelocate anexisting citygate approximately 100 feet west aswell as construct several improvements to City property to increase security. Improvements includenew chain link fencing as well as access blocking using large boulders or ecology blocks. All work ATTACHMENTS: 1.Easement Exchange and Vacant Land Purchase and Sale Agreement 2.PowerPoint presentation FISCAL IMPACTS(Include Budgeted Amount): Budget for the land purchase is included in the 2024 Capital Budget. The purchase would occur 45 days after an occupancy permit is issued for Single Family Residence and within two years from the date of the agreement being executed, whichever occurs first. STUDY SESSION AGENDA: LimitedPresentation Full Presentation STUDY SESSION ACTION:Consent Agenda General Business Public Hearing RECOMMENDED MOTION: Move to approve the Easement Exchange and Vacant Land Purchase and Sale Agreement between the City of Bremertonand Meridian Terrace;andauthorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: Approve Deny Table Continue No Action Form Updated 11/09/2021