Loading...
HomeMy WebLinkAbout3283 RESOLUTION NO. 3 2 8 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, 'WASHINGTON, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE A PURCHASE AND SALE AGREEMENT BETWEEN THE CITY OF AUBURN (CITY), AND MICHAEL JONES, RONALD JONES, AND CAROL JONES, PARCEL NO. C, (OWNERS) IN SUPPORT OF THE 42ND STREET NW RIGHT OF WAY PURCHASE PROJECT; PROJECT NO. C9008. WHEREAS, the City of Auburn plans to complete a portion of 42nd Street NW to City standards for a public corridor; and WHEREAS, to fulfill this need, the City must acquire the northern one- half of 42nd Street NW right-of-way, which is currently a private road immediately east of 'B' Street NW, Auburn; and WHEREAS, Michael Jones, Ronald Jones, and Carol Jones, owners of Parcel No. C, having reviewed the appraised value of the property under consideration, are willing to grant this land of substantial value to the City as a contribution to the City's efforts to acquire the northern one-half of 42nd Street NW to complete a public corridor to City standards, with the considerations as stated. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, KING COUNTY, WASHINGTON, RESOLVES AS FOLLOWS: Section 1. AGREEMENT. The Mayor and City Clerk of the City of Auburn are hereby authorized to execute a Purchase and Sale Agreement Resolution No. 3283 November 2, 2000 Page 1 between the City of Auburn and Michael Jones, Ronald Jones, and Carol Jones, owners of Parcel No. C, which is attached hereto and denominated Exhibit "1" and incorporated herein by reference. Section 2. AUTHORITY. The Mayor is hereby authorized to implement such administrative procedures as may be necessary to carry out the directives of this legislation. DATED and SIGNED this ,~ y of November, 2000. CITY OF AUBURN CHARLES A. BOOTH MAYOR Resolution No. 3283 November 2, 2000 Page 2 ATTEST: ~a'~;fielle E. Daskam, City Clerk City Attorney Resolution No. 3283 November 2, 2000 Page 3 PURCHASE AND SALE AGREEMENT In the matter of the 42nd Sweet NW Private to Public Road Project, C9008 Parcel No. C THIS AGREEMENT is made and entered into by and between the City of Auburn, a municipal corporation of the State of Washington, hereina~er referred to as the "City", and Michael D. Jones and Ronald R. Jones and Carol M. Jones, the undersigned owner(s) hereinafter referred to as the "Owner(s)": WITNESSETH WHEREAS, the City affirms and the Owner(s) agree(s) that the Owner's real property described herein is required by the City for construction of roadway impwvements associated with the project described above. AND WHEREAS, the City has made a firm and continuing offer to pay the mount of NiNETEEN THOUSAND AND EIGHT AND NO/100 DOLLARS ($19.008.00), for the purchase of the following described real property in Auburn, King County, Washington: See "Exhibit A' NOW THEREFORE, in consideration of the mutual covenants set forth herein, it is understood and agreed that: 1. The Owner(s) shall convey the real property described above by sufficient Statutory Warranty Deed, free from all liens and encumbrances of every nature. 2. The City will issue a warrant in the amount of $19,0OS.0O as stated above, which will be deposited with Pacific Northwest Title Company of Washington. 3. The City will pay normal costs of closing, such as escrow services, ti~e reports and recording fees. Any outstanding liens, assessments, taxation encumbrances that may have to be removed to provide clear tifie to the City are to be satisfied in escrow by the Owner(s) out of the proceeds of the sale. 4. Delivery of this Agreement is hereby tendered. HOWEVER, the terms and obligations hereof shall not become binding upon the City unless and until a resolution authorizing the acquisition is approved by the City Council. 5. Closing shall occur not later than 60 days after the date on which the last signature is affhxed herein. 6. The City shallbeenti~edtopossessionimmediatelyuponclosing. Resolution 3283 Exhibit 1 . I OF2 7. The Owner hereby authorizes the City the right to enter upon the real property described herein prior to escrow closing this agreement for the purposes of demolition preparation, inspection and to conduct preliminary studies and testing. The City, at its own cost and expense, shall have 60 days from the Owner' s date of this agreement in which to fully conduct its inspection and study .of the Property. City shall deliver written notice to Owner and Escrow Holder on or before the close of business on the last day of the inspection period that either: A.) the inspection has been accepted and offer is to proceed in closing, or B.) the offer has been terminated whereupon this agreement shall terminate and neither party shall have any further rights or obligations hereunder. Failure of City to provide such written notice shall be deemed an election by the City to terminate this agreement. DATED ~s ~3 ?' day ,2000 City of Auburn CHARI oF.S A. BOOTH, MAYOR Dmiielle E. Daskam, City Clerk ~'~~-'~ /~"-S'~-7--'~,., : Michael D. Date Ronaid R. Jones and Carol M. Jones Resolution 3283 Exhibit.1 2OF2 EXHIBIT 'A' IDENTIFICATION There is one subject property under one ownership. This property is located along the north side of 42nd Street NW, east of 'B ' street NW, Auburn. The subject acquisition area consists of the southernmost 30 feet of this property, this area comprising the north half of the 42nd Street NW right of way. The subject property address is: Parcel C - 4240 'B' Street NW Ostensible Owners Parcel C - Michael D, Ronald R & Carol M Jones Legal Descriptions Lot 4 (Parcel C) of: City of Auburn Short Plat Number 6-86, recorded under Recording Number 8805240946, said Short Plat described as .follows: Tract 17, Whim River Valley Home Tracts, according to the plat thereof recorded in Vol. 13 of Plats, page 17, in King County, WA TOGETHER WITH an easement for ingress, egress and utilities as delineated and described in said short ;plat. The subject acquisition area consists of THE SOUTH 30.00 FEET OF LOT 4 OF CITY OF ALlBURN SHORT PLAT NUMBER SP-06-86 AS RECORDED UNDER KING COUNTY AUDITOR'S FILE NUMBER 8805240946. CONTAINING 5,400 SQUARE FEET Tax Account Numbers Parcel C - 936000-0093 RESOLUTION 3283 Exhibit A Page 1