CITY OF BAINBRIDGE ISLANDWINSLOW WAY IMPROVEMENT PROJECTAGREEMENT AND PETITION1.
AGREEMENT AND PETITION
This Winslow Way Improvement Project Agreement
and Petition (“Agreement”)
is between the City of Bainbridge Island, a Washington municipal corporation (
), andthe Owners of certain property identified in
Exhibit A (
21) to this Agreement(collectively,
). The City and Owners agree as set forth in this Agreement.1.2
This Agreement also constitutes the petition of Owners for the formation of alocal improvement district for the improvement of Winslow Way, as further described herein.
Property. Owners are
the owners of property described specifically inAppendix 1
Improvements. The City is considering the improvement of Winslow Way andutility infrastructure serving the Property (the
), and described as follows:The Winslow Way Reconstruction Project is to provide a complete replacementof below and above-ground utility and transportation infrastructure between StateRoute 305 and Grow Avenue. Elements of the project include: replacement of water, sewer and stormwater facilities; street improvements, including paving,curbs, gutters, sidewalks, street lighting, street trees and other landscaping andenhancements; retention of angled parking and addition of bicycle facilities; and,undergrounding of electrical power, cable and telephone, and appurtenances,between Ericksen Avenue and Madison Avenue.
LID Area. The Property is within an area that may be included within a localimprovement district or districts (
) that may be formed for the financing andconstruction of the Improvements. Part of the Improvements benefit specially the Propertywithin the LID area. The legal description of the properties included in
constitutesthe boundaries of the LID and which boundary is shown by the aerial photograph of the LIDarea and attached as
LID Petition. Owners seek and hereby petition for the installation of theImprovements, and the formation of an LID, construction of the Improvements and for thefinancing in part through an LID. The City is prepared to consider the formation of an LID forthe purposes of financing and construction of the Improvements.2.5
Alternative Methods. The City may form an LID for the Improvements pursuantto the petition method (RCW 35.43.120 through RCW 35.43.130) or by the resolution method(RCW 35.43.140 through RCW 35.43.180).