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Reimbursements are due for street improvements installed as part of the Sagecrest Major Plat project with City funds in the amount shown below for the following properties located west of Hansen Road. The reimbursement is due upon development of the property including the issuance of any development permits.

A. Section 30, T19N, R28E.

1. GC Parcel No. 110065200 $236,045.23

E1/2SE & SENE 30 19 28 (Prelim City ML BLA) That portion of the East 1/2 of the Southeast 1/4 and the Southeast 1/4 of the Northeast 1/4 of Section 30, Township 19 North, Range 28 East W.M., Grant County, Washington, more particularly described as follows: Commencing at the East quarter corner of said Section 30, marked by a USBR Brass Cap, from which the center quarter corner of said Section 30, marked by a 1 inch iron pipe, bears South 89°59'47" West, 2622.26 feet; thence South 89°59'47" West along the North line of the Southeast quarter of said Section 30, a distance of 106.37 feet to the Westerly right of way line of Hansen Rd and the POINT OF BEGINNING; thence continuing South 89°59'47" West along said aliquot line, 944.76 feet; thence South 00°38'33" East, 1383.98 feet to the North line of State Route 90 right of way; thence along said Northerly right of way the following two (2) courses: South 77°27'50" West, 138.69 feet to Highway Station 1960+00, 590' Left; thence South 46°26'59" West, 169.69 feet to the Southeast corner of Silver Sands Short Plat, recorded in Book 2 of Short Plats, Page 49; thence North 00°38'43" West along the East boundaries of said Silver Sands Short Plat, recorded in Book 2 of Short Plats, Page 49, Silver Sands Condominium Phase 1, recorded in Book 1 of Condominiums, Page 15, Country Club Estates No. 3, recorded in Book 10 of Plats, Page 46 and Country Club Estates No. 5, recorded in Book 11 of Plats, Page 12, a distance of 2863.88 feet; thence North 89°54'55" East along the South boundary of Country Club Estates No. 5, recorded in Book 11 of Plats, Page 12 and boundary extended, 1268.59 feet to the West right of way of Hansen Rd; thence South 00°45'27" East, 991.61 feet to the point of curvature of a 915.00 foot radius non tangent curve; thence along the arc of said curve to the right through a central angle of 21°57'49", a distance of 350.75 feet, whose chord bears South 10°13'02" West, 348.61 feet to the POINT OF BEGINNING. Said tract of land contains 47.27 acres, more or less.

The above reimbursement rate shall be adjusted upward commencing on June 1, 2023, by the change in the January to January All Urban Consumers, West Coast Cities CPI-index issued in January of 2023, and shall be so adjusted each June 1st thereafter using the same index. (Ord. 3007, 7/26/22)