BOARD
MATTER
Escrow Agreement for the
Fairlee/ Metro West TDM Study
Supervisor Linda Q. Smyth
May 9, 2005
Mr.
Chairman:
As
the Board will recall during its review of the Comprehensive
Plan Amendment for the properties included in the Fairlee/ Metro
West development, one of the primary concerns regarding the
development was its ability to achieve the significant peak
hour trip reductions established in the Comprehensive Plan (47%
for the residential portion of the development and 25% for the
office). In order to verify whether the site will be able to
attain these reductions, the applicant has agreed to pay for
a study that would identify best practices in the area of Transportation
Demand Management (TDM), measure and analyze the current level
of trip making for nearby and comparable developments, and prepare
a recommended TDM program for the Fairlee/Metro West site to
achieve the reductions called for in the Comprehensive Plan.
A scope of work for this study has been completed and a consultant
has been selected to perform the work. While the applicant has
agreed to pay for the study, project technical oversight and
management for the study will be provided by the Fairfax County
Department of Transportation in coordination with a technical
review committee that has been established. Because it is extremely
important for public confidence in the study that the consultant
report to the County and not to the applicant, funding for the
study is to be placed in an escrow account funded by the applicant
but managed by the County. Payments will be made from the escrow
account to the consultant only at the direction of the Director
of the Fairfax County Department of Transportation.
Motion:
Therefore, I move that the Board authorize the County Executive
to execute an escrow agreement on behalf of the Board that will
govern payments to the consultant for the TDM study at such
time as the County Attorney is satisfied that such agreement
is acceptable as to content and form.
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