Portside Logistics Boundary Rainier Pointe Access Library Local Improvement District Formation Hearing LID 14-1 for Construction of 66 th Avenue East March 24, 2015

DESCRIPTION OF IMPROVEMENTS Construction of a new street to commercial and multifamily access standards in accordance with FMC from the south boundary of Pierce County Assessor’s Parcel No , to 26 th Street East, including demolition, grading, and construction of curb, gutter, sidewalk, landscape strip, street lighting, undergrounding of utilities, and related storm drainage facilities.

DESCRIPTION OF IMPROVEMENTS Fife Municipal Code Commercial and multifamily access street. The standards for a neighborhood access street are as set forth in Exhibit “B” which follows. Exhibit B: Commercial and Multifamily Access Street

IMPROVEMENTS ARE IN ADOPTED PLAN

Schedule and Funding TASK Right-of-way Acquisition Final Design and Bidding Construction Funding SourceContribution LID BANS$1,900,000 Developer’s Extra Funds $300,000 Mitigation Funds$200,000 Public Safety Fund$700,000 Stormwater Fund$400,000 Total Funding$3,500,000