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,UI `1~~~~~~p~~~• ,,,,. -~1~1,~.~-;. ~:._.:~.~_....u~ LEGAL COUNSEL Michael J. Hansen Marion Count~ oRECON OFFICE OF LEGAL COUNSEL BOARD OF COMMISSIONERS Mary B. Pearmine T,O Randall Franke Don Wyant, Jr. ASSISTANT LEGAL COUNSEL Bruce T. Armstrong Timothy T.A. Jensen Gloria M. Roy Jane Ellen Stonecipher FROM RE October 27, 1998 Board of Commissioners Mike Hansen, Legal Counsel V`~~'r-~--- Intergovernmental Development Agreement Courthouse Square Pursuant to Marion County Resolution 97-53R, dated September 24, 1997, and Transit District Resolution 97-21, dated September 25, 1997, both Marion County and the Transit District have authorized the Intergovernmental Development Agreement. At this time, the Agreement is before you in final form for your consideration. There are no fundamental changes to the Agreement. However, as the Courthouse Square Project has been refined, adjustments have been made. This memorandum will provide you with an overview of the Agreement. Intergovernmental Development Agreement The Agreement defines the project facilities, which consist of a five story office building, an underground parking garage of 258 total spaces, a transit mall, and a joint hearing room to be owned as a condominium by Marion County and the Transit District. In addition to this a portion of the property approximtely 50 feet deep along the Chemeketa Street property line will be offered for private development. The entire project will sit on the Senator Block, which is jointly owned by Marion County and the Transit District as tenants in common. The duty of the parties to move forward with the Courthouse Square Project depends upon satisfaction of the conditions precedent by February 1, 1999. These conditions precedent are: 530 Center Street NE, Suite 312, Salen~, Oregon 9730 1-3 670 (503)588-5220 Fax (503)373-4367 www.open.org/marion