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Exhibit U - Capacity Reserve Certificate 4-25-22CITY OF PUBLIC WORKS DEPARTMENT 33325 811 Avenue South Federal Way Federal Way Fax 98003-6325 253-835-2700;Fax 253-835-2709 Centered on Opportunity www.61yotIederalway.com CAPA CITY RESER VE CERTIFICATE {CRC) This CONCURRENCY DETERMINATION is made this 2414 day of March 2022 by the City of Federal Way (COFW), a political subdivision of the State of Washington (hereinafter called the "City"). WHEREAS, the developer intends to develop the property described as Summit at Steel Lake reviewed under City file CN Number(s) 21-102842-00-CN (hereinafter called the "development'); and WHEREAS, RCW 36.70A requires that the City adopt and enforce ordinances which prohibit development approval if the development causes the level of service on a transportation facility to decline below the standards adopted in the comprehensive plan, unless transportation improvements or strategies to accommodate the impacts of the development are made concurrent with the development; and WHEREAS, the City adopted its comprehensive plan in November 1995; and WHEREAS, Chapter 19 of the COFW Revised Code was amended by the creation of Chapter 19.90 Division III on June 10, 2006 by Ordinance 06-525 effective January 1, 2007; and NOW, THEREFORE, a concurrency certificate is issued for the development of 24 Lots Plat based on the facts and conditions set forth herein. Development Parameters This CONCURRENCY DETERMINATION is based on the following development: Development type: Single Family Development size: 24 Lots Subdivision Property address: Federal Way, WA 98023 Parcel No. (s): 052104-9033 Number of New PM Peak Hour Vehicles Trips Generated: 24 Validity of Concurrency Determination This CAPACITY RESERVE CERTIFICATE is valid only for the specific development approval consistent with the development parameters and the City file number contained within this certificate. If the development is changed, expired, cancelled or withdrawn, it will be subjected to reevaluation for concurrency purposes. Terms of the Capacity Reserve Certificate This CAPACITY RESERVE CERTIFICATE is valid until the underlying development permit expires, is withdrawn or cancelled, whichever occurs first. o Approved By: _ Date: 2� �Pf Z�ZZ Printed Name: Richard A. Perez. P.E Title: City Traffic Engineer