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Resolution No. 4666
. . " • - RESOLUTION NO. 4 6 6 6 `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 AND VILLAGE CORE HOLDINGS XCIX, LLC WHEREAS,the City of Aubum is the owner of a certain piece of real property, commonly known as 810 30th Street NE located in the City of Aubum, Washington; and WHEREAS, the City has previously declared the property as surplus and the City desires to sell the property, and ViIlage Core Holdings XCIX, LLC desires to purchase this property, pursuant to, and in accordance with, the terms and conditions set forth in the purchase and sale agreement. -NOW, THEREFORE, THE GITY COUNCIL OF THE CITY OF AUBURN, KING COUNTY, WASHINGTON, HEREBY RESOLVES as follows: Section 1. The Mayor of the City of Aubum and the Auburn City Clerk are hereby authorized to execute a Commercial & Investment Real Estate Purchase and Sale Agreement between the City of Auburn and Village Core Holdings XCIX, LLC for real property, which agreement shall be in substantial conformity with the Agreement attached hereto as Exhibit "A" and incorporated . ^ herein by this reference. Resolution No. 4666 - - - December 1, 2010 Page 1 of 2 ` . ~ , Section 2. The Mayor is hereby authorized to implement such administrative procedures as may be necessary to carry out the directives of this legislation. Section 3. This Resolution shall be in full force and effect upon passage and signatures hereon. Dated and Signed this day of ; 2010. CITY OF AUBURN PETER B. LEWIS, MAYOR ATTEST: Danielle E. Daskam, City Clerk APPROVED AS TO FORM: Daniel B. Heid, City Attorney -Resolution No. 4666 December 1, 2010 _ Page 2 of 2 ~ . 11/SO/2010 lBsi1 FA% - 190002/0002 . " Page 1 of 1 i Cot&aap8ankerCanrnerclal mhkrj v 1FFOUSCM mothun +►D ~~ueO . OM AiB~ ~wp. wASas~ cm~rsA i ~ i~ ea0.5S74 mr~ 42531860-0152 ~ Paps t aA t I "O~~i9NY "6-Tp ~ ~ivmr~toe~er° T~,aae~~eammtaameaMT I p7' OCenwa 6~OeW !y m~R mp~ ! The foAoN9na is Pan ot tne prda. aw &yo a~ee,qent dmed U~ 17. 2010 (M8 • . ( Ag,een,entl, ` . b~ieen Oar or qu6~rn and Mom amHddlrms XdK LLC rsuyer-) *al9 Of lfle PopgtIy kfiONBI as 810 " 3Qm SU~eE NE fPa '$p0A1AAfl02m ti. t n1s ACIREEn eETWEEN TME sELLER nNp evYEt ns FouOwrS:- . Tbb *SebL i ~ , ~ e.► of F i {.jtltl@ ~Jr.28Tt i i ` hcce+ve a m th b rs ~Hr can6r~aenn, and o~ ~ ~ eames~ ~ < ~ ~ S2S E130 OQ A••,~a ~...n be deo~awd tT ed..~... ~ ' ~ QtmCl tO Baft en row..i ~~r u - ~ ~ ~P Jl~t►~AfI ~1f8o ~O t~33 ~fiAawT e. ' Hw~, . . ' . ' . . - , . ' FAA • ~ O . , : bB " . . . . . . - ~ . . ; . . ~ : oa, G8h FvRm Ps_IA, on paqp, B of Puaa~~A~h 20, ~0 be Ghange ua i bu Yer ft►u y hn~. I n r c g o k- d s t n h S Si[,~/n~~n-~; . ; au °T'tr=t TE;MS da,e~e~era remata w,d~„~ee. ~ . • . 11aITb4LS: Brg~ oalo_~( :1^'r ady0 ~ . ; soAer p~ ; , !IC : httgs://docs.google,com/viewer?attid=0.1,18cpid=gmail&thid=12c9f436befl51cbc&vrl=https%3A%2F%... 11/30l2010 ♦ Fotm 88 201p ~ Addendunl Notthweat~ ar~p e~lle9ng SeMee Rev. TMp ALL RmFPfs RESERVED p1DDElOCUdI TO REAL ESTATE PURCHA8L* AND BALE AOREEMM1T AII tertna snd coralAlons M ft otfet (Reat Esbbe Puchase anM 3ale Agreams* daisd r ~ 1 ~ 810 3M R}'_NA Anhn*w WA_Q~IIaMt-ftMdMWQMD 2 Vllbg&-Qn XaM rrr ~ae 3 - end the urderslgned _OtYof Au6nra 4 . . ae soCeP*d. wept Fot Me followin9 changee. 6 • i B G The Purchase PNce ehe4 be $ 7 • ld OtheT. e A. $ZS►000.00 Earnest ARonsy aLa!{ ba depoaited in Eecrow paW dbeet b seller oa rEraoval of e tLe YenetbUlty study~ $ald SMAOO.OOQ e4ari bocome an nbie at this Ume. 10 B. SeAer aheU condnaa to merket the property and back np offin nntil paymeat ot 11 $25jW.00 on removal otteasibWty Is made. 12 C. Bayer tsay not asslgn thia egreement to eu F.arq' wlthoat selkr tonstaL Aad at ffie fmae 93 of as9lgament $?tii,00p,00 Bsrneat mooney pald to setler and ahall become aon retundeWe. 14 D. Fnlt mntaal acMfttwehall be dean eafis6k1 oa approval of 8he City of Aaburn Clts► 16 . Council approval. 18 ~ t1 ~ ~ 18 ~ 1p 19 2° Zi ry 22 23 24 26 •~N ZB 27 `~i'is;: .:#►fi~:~ at 9:00 p,m. an 11-26-10 (If not fiIed in, fhe eeeaM day To11ooOng the deta 28 . ttdr8 ~~_~1e~:~aa~terafteror bela+4, unlass ft Is sooner wkhdrawn. A~ep~Oe shall nd be el~adve Z6 bro ri ha11 le~~the ~amest Money ehaU ~efurMed to B~uyer. th~r brotoar. If tMs 9~Oy • . . ,~'~Qie:a~ted, ; .:olher ta ss_ AclrAwditiamo/!hs ove oNer are MeorporaEad hereln tsy referenae as tlrou9h tYr14l set tWth. 32 ,ab [katb st9nebure sig ~ nature 1 Tha ebove counteroffar is axeptad. : ~ Dete s+8nah,►e Date I . I i I : - . ~A~enawn ~ acow" M ~ Suda . . Rav. TI10 COlM1TEROFFBi ADDEI~IDUNI AlL RI(iNTB RES~tH~ i TO REAL EBTATE PURCHASE AND SALE AGREElAENT An twms ana cordffions ot tne oft (RoM re Pundase and ssle AgreemenQ aaW Nm►ember 17. Zelo . • ppncgrning 91 D31Mk RL N F Anhnrn WA 98M PgrceIM91000920 (the "PlOpeltn, 2_ by~Vi1 gee Con HotdinM XC'iIC. LI.C , as BuYer g . . and the undersped CRY ofAgburn , as Seller q • ene socep6ed, except for the foWMng chatgea. 5 • . O The Pumhese Prke ehaA be $ 6 T id Other. 8 . A$H,000.00 B,arnest Money sbsll be depos4ted in Escrow and paid direct to aellea oe ranoval ot 9 . the FeasibiSty study. Said $25,000.000 sLaA bxome aon raldndable st thia tlme. 10 B. Seller shs11 continne to market the property and accept back ap offera uatil paymeat of 11 • S25,000.00 oa removsl oitasibility is made. 12 G Buyer map not assign tLis agreement tn anotLer party without seiier consent And at the time 13 , of assignment S23,000.00 Earnest money ahall be paid to seller aod ahall beoome non refandabte. 14. • D. Fbll mntasl ac.ceptsace shall be deemed satis8ed on approvaf of the Cky of Aabnra Clty 15 : Coancti approval. . • ! 17 . ~ 18 ~ 19 i i 20 I • .i ' 21 ; . ~ 22 , ~ 23 . ~ 24 • ! . 25 ' • 26 ~ ~ 27 . j ! This countenoifer shad epire at 9:00 p.m. on 11-26-10 (N trot fiMd in, the secand dsy following tlte date 28 i of the laet slgnaWua ot the counterofferor beloN), unless ft Is sooner wiMdrawn. AcwAWnce sMl not ba sitecdve 28 unBl a signad oopy is reWved by the oomEeraffew, thair broker ar at the Qcenaed oiflos of the'v brolcer. !F thls 80 omnberofter is naR so aocepted, it sAall tapae and tl►e Eamest AAoney shaR be reftmded !o Buyer. 31 ; Ali other !a e Oft ars iworporated heretn by reterenee 8s tlmugll fully 89t tOMh. 32 ► Da% Dete ' ~ The above counterotter is ecceptsd. ~ ~"kn • Deb . ~ . . . • • . . . . . . • • . . • . - . • . . . - . • I . if~ ~ m ~ ~ . ,5 E a as ~g ~ ~ 8 .r ~..a g Is ~ a op it ~ . . . . . ' . . . • . . ` . . ' • ~ - 1 ~ . ~ . . • . . • ~ ' ~ . . ~ ~ ~ . . ~ ~ U ~ ~~-xt ~ ~ ~ ~d Q ~ v ~ ~ I . . ~ ~ ~ . ~ ~ . . - . ~ . . . ~ . . . w , , , , .'r.' v.r i . . t. • : . . . . . ' . . . ars RM $ li j ~ E f . 1194 Is . ~16 , ~ ~ ri~ I _ I I b JIM, jit s~ a ~ ~ ~ ~ ~ ~ o ~ ~ c to a. a c~ ~~d ji ~d ~ m d M . , , ~ . . _ • r.• • ' . . • - ~ . . . . . . . . . ' . . . . . ,:ci'•`- . ' . jj.2 ' • ~ ~ ' ~ ~ ~ ~~F L+`' ~ ~ ~ ~v g~ ~ . , ~ IIA .~2 1 ~ A ~ ~ . B . , 'a~ ~ o.. ri~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ d~. Sk C ~ ~ ~ ~ FM , . . . • . , s , ~ • • • ' • • ' - ' • • ' . .~~8~ ~ ~ ~ ~ g~~$ ~ • . . ~ ~ ~ ~ ~ ~ •s ~ ~ a 91~ ~ ~ ~ Q ~0 ~ ~ ♦ sib ~ffi~ a+ ~ a 9. ~ 8 b Y' , a . ~ r ~ ~ L ~ ~ ~ . . ~ . ~i ci ~ ~~ign ~ 11.21 ~ E 6 . ~ ~ ~ ~ . . . ~ ~ ~ • A A ~ ~ ~ , ~ ~ L ~ ~d~ ~ _ 'd ,.,AL 429 s ffi ~ &.~A~ llilli I 1 11] Y~~ . . . . . . . . . . ' ~ . . ~ . ~ ~ ' ~ • . • ~ . . . . . . . . . . . " 4c ~ ~~s ~ gq~ al s o ~9~ ~P .~V 9ll'9 ~ ~ • ~ ~ ~ ~ ~ ~ ~ ~ ~ ,r ~ a ~ $ ~ ~S~ • ~ ~ . . ~rD ts rD ~ B g m ~ m ~ .c E ~ m ffi , $ ~ . g . ~ i~ ~ , i ~m ~ - 400 r 13 a g . ~ E ~ g l a Al Fm s~~~ ~HS c a ~B ~ ~ 9 E$~.~ m ~ ~All. ~ ~ ~ . ~ ~ ri ul a ~ TH Oft ~ ~ ~ s$ • ~ . eE ~,~T g ~~qv , S r+ ~fR. Y. ~ . ~ g~~~ ~ ~ . . a .~I ~ ~ . ~ 01 e w 8 . . , . . ' . ~9an~x~?o~nmercid ~s~aa~ea~ ~ O~ ~nrn 1018 BAetidtm ~FFHNB '8~.~ ' P}mnee(Z&3) 840-W4 Pmw,e.easeba~a ; Fmc.(~8400182 Paa ipai~ . CNOCW. 0 11P F9STOA=IT ttEAi E9TATE • PtlRCM1ASE 8 BALE AGREHIIENT • ~I aM ABrtY b rid mpmemW b!► a qcmm% tlren raba anlet ba defl+rered bo and eoll be efiboAne ' Wlfen recoWed by ft patly. 24.1p1FORM1i0a TRAN6F'M k1 tl19 eveM tlds Aamement b EarmUk~4 &ar aWees b ddver to Seaer WOO ten (10) dep cf Selter'a wOn o quo nt copbs of ep mebrlala recekad bom Seller and anY r=W~ Pbm, ' akdan, hpmftmk apprels* survr^ drw6m Rwffdls. qplnftn or other devslapmenl wmk : pvduct relaib l0 9m Proparqt In 8uyaft paumton or cotdrol sa d tlw dde tlik AWowmd le bermftted. 26. t'ONPRMTfAtlt'Y. tfitl! wd urdese doft has been coneunun" RW wd 8dw " tolow rmmarMbe ' . meaeues 1o piea►ent umseoeeseuy ftckmee at kdammeUon oMalned In wnneaUon With tlre nogobft and ' perfatmarroa of lhls Agreemerd. NsOw MV " uae or kwAW pennil da use of any such lNoRnaft In any manner detrltneNal Eo tite det parqt..' . 28. S91ER'S ACCEPTIINCH Afm BROXERAGE AGRE11111M. SeAet agreee to sep tlre i'oqmrb+ on !he betms end oodtlom heuah mW liartlrer agmes to pay a oommis9lott in e talal alnomt aoreputad In scomdwm wRh 4re • WIrig or oammb" apeemL It be Is no mR6en Nellnp'or conNe11, n awoemwt, BeAer xoree6 b PQY a . notnmbetm oF 96 af tha eies pdoe ar $ .'I'he ectmdealal almq be apportfaned 6etYireen Listlng Agent snd 9e8lng' l.ioensee to ep6drled in tlw bBnA or anY ao-brolaeap agmement If there (a ho bling or wtRbm oo- • brvicerage e8reemeM, lhen UkIlnp Agent shall pety to Sdft l.boenee6 a oommiasiat of2l6 of tln s~ee prlce a $ 8e11w assigas to ListkV Agml eM Selling Lkensse a poAbn af fhe a" proaeeds- equW to Fhe commisslam If tlie aarnost Mloney is [+etdfod as 1(cpWdaled damges,e~y oosls advwmd orcantmttbad bY LWV Agent ar StDhtg I.loeneae 1br 8uyw or SeUer shaA be retmbu►sed or pefd 1ha~►+ortf. a1M Om bdwm sW be paki orNhW Eo 6eller and ane-W to Lls1D~ A9ent eW 8~ Ll~e ~ooof~6 b fhe Ibttn9 meemwl wd anll . oo-brokerage eBreemenl. in any a~on bY 1-1sUnS AwF a Se1Nn81doeneee bo wforee ft Secqan, ihe prevaft receivinA ~P~~ Atitn rnore ~ Pargr ~o ~ u~ass tl dbalaW wn an eft*M adderalqa, . in wndan em eW mne sdw amsora to mob ompwmbm Ilia Pm" aesaftea bi eftdW bd&k A. b . . oortumudd reffi esmce. No~uumnp sectiot as aba►a ft pmm om*slna* ft sedim aee p~ aigemEum and an atlof unant daarlbing the ProperV meql be reaorded. 27. USTIdO At3BdT AND 891lp1G LICEt(SEE DtSCRMIJRE. EXCEPT A8 O111ERlYlSE D16CdASIED IN ' WRtTAaO TO $UYER OR SELLERe TFE SELLIFIQ UCMEf, LWIPIO AWWT. AMD BROMtS HAVE NOT MADE ANY RMW68EMATlOAtB OR WARRNdTM OR G'OPIDUCM ANY 1NDEPMEM INVEST1i8AAnON ' coNcERNtwc{ -nHE LEGAL EFFcr oF TMre ncaMOrr, sLNWs oR sat.EFts FNNCW ' . srRaroTM. eooxs, REcoRDs, REPoATS, S7U01ES, OR CPBiATINO STATBd1EN'f3, OR ORHBZ iuwwrMM REl.n-rtNG ToTrie PROP9rnr, iNCUInauG wrrHOUr LPrraTIoH, nHEpaoPERIrszavING. BO11dDARtES, AREA„ GOMPLWNCE 1NITN APPlJGABLE lAW3 (WCl.UDWO UlW3 fiEflARQING AOCE881BlUTY FOR DI8q8LED PER60N3). OR HA7ARDOUB OR 70XIC MATFRWLS WCLUMG [IAOLD OR OTHER ALLEROBdB. 8BAr;R AND BUYER IIfiE EACH ADYISW TO HVGAGE QUALJFlMD DPERfS m assisr wma THESE otsE oaucMM aNo FEAS+anmr mAsTERS. aNn aRE FuRTHER nDvM To • SEOC INDEPENDBYT LEGJ11. AND TAX ADMICE R9J►'I'ED TD TNiB AGREEMENr. miTW.sc suyer osro seUer pais . ~ p~ l f• 2'~ BaQer Dab . - . . . - ~ Co14rro~B~i~onmane:alai ~~~eten ~ . .t . 0~ ° ~o ~~nw ' 1018 Meiam . ~FPSNHBC~BR WA 98371 , pwm,~. t . P~nie ((2~ 840bB7'4 ~m,r.r~ot . • . . F.lNca4OM.0.2 tCNAAFRqAL & Ui11OS1'MW WAL. ES1'A?E : PIIRCFLtAS~t~~~I~EWT • j 28. lDO1TF1CAfl01i OF THE PARM$. The Mming fa the cc diat khmmdon far ft pafts hvolved in ft • AWsmio* ~ ~ . ' Conlmab Pefer D.~rgnsen. III taprAmou t~lv e# At~u,m, - Add[am qdWwia BuNnaos Phono: Sasinms Phones . . MoTft Phonec ~ Ph"ec F63c Faoc • Ewa F~eO; • • saMna 6tasft ~ Namee Elhan Ottenhechw Namw. Mbody . . ' Ad*sW Addfeea: Buehw" Pironc 2G444Q!W4 oaeltrem Pha~oc zmnzmam . Mobile Phonee 2ESmU8-1031 kbbffe Pim ZAHJ&2= . . . 6rnidt: Emall; . Fma eea,23"- eo2 ' ~ • , MI,B 01Rce Na: MLB Otflee Na: ' Coumev Ceov of Idom to Butrw ta Cottrtesv Comr M Notlmg M 8etlartix . Alafna: ptary~e; . Addnse: Addtese: BueUass Phow ' Baelnase photm Fec Fmc NabOe Phone: INo6ile PhoW . Emelk EmaiL- , , . . ` unAm &W ad* . , . I, . . ' . . . , . . _ ' . iC18Ngdft Ce~►timaR~.tA . • -OpmBBCHER Puye~WAA1871 pnam.aakeA~ment Plim ' (~b36O~74 ~ "*is ~ . CC71AalE4tC1AL & qiVlffnUl'T REA1..Iff TATra : . P~RCIIA6E~~ R~ENT IN WMpS WH9iEOR. tlo pertles tm eiped 116 Aweemot MOdne!o ba bound. . . ',~t~~ ~~,a~_~cu~c -•LtL ~ - : P&ed awdiFand Me at Eft P~laa,~a~s ana I~pe orrm~r . s ' BUYW aoawm end - _ ~ 8~esanaeme " Ddo vtrved a _euid qip" ~ - PAaw ro ~me anabWeotew 599w Dat9 APled ` slwed ' ; • . i ; ~ ' . ~ (c-t1-1D s~ . ~ 1✓ ~ -[1- to sa~► o~, ' Cotdweti Botdoe~ Comawra~l ~~~u~on . . ~ 101a Atwp~tmeoNea . WA68071 w~►Foma~u► OF~BNBE~ _ ~ Me4Os74 . ~aa~.~ . . . Fm(ZS~8~9001E~Z . . ao•isotta + C0~6AlMtpA6 A DNEBTMEW! REAL E8'TATF. • ' . PURCHA$E a BALF Ae6REMEM' . . ~ ExHmIT A . fOT'~!, Cg7 0~. i~ 8q~? P~iR 1~ ~•96, ~~R . ~ 9NA~ 9i0510~4. 7B ApB nIR, amom. , , sder Deta ' ~ Oala ~ • ~ ~ t ~ SeBer Oebs . . , . . ' CDMrafl,BamoerCoaanmchf . ~ 6FFE)MECHM • • ~e~~ lit~i , . toi 8~man o~ta~e ~~~a . . FIMC = 840-0182 ~ ~ d4 UTIL,1iY GIARtiE8 ADDENWA . ~MrwT~b~ ~b~dlm0edh►~~Bd~ . Ytrs tbov+ft b vwe of tto Pwdon ana sdo aWserneM adoa ~It 2010 bebmm ctw o~ numum CSWWy ~ , and MN=a (,n,~loklnos XCDG LL.C ('ftet"') aotlCeRW 810 - 3bth_Eet big_{PWcel IOOD10NWh Aubtffrr. WA 9..~.. {It1~ °Prap~ty~. . • . . Puteuant ip FtrIA1 miA Buw and Sapar mpest Be aoeh9 /.1geM Eo StknhbEeT Ihe dtetilue6anenl ot oloft 11uda ' rqco~Y mso* wpm dwMes eftcft the pmpeeqr. The names end addmses af aq u=ea ixr4dln9 mrbe to iha propefty aW hwaing Ifon WMs are ae faAoM, . Watet Dumft . . ' r . . ~ Addrin . C1, SW% ZIP . . , . VlO4~ ~ • AddtBB9 , , ap . lr~ation Olatrtek . P~A~tY . addreee 0~.8We.11P . . AdOtses . ' G~t. St9ie, ~P EMCWtY• Nam . AddMae !b/,Ue0o6Tap . ~laqm Adarese Cffb. SIaE14 Zlp • $peat84 Dlsir sr ' tkl"11A1.5: r [hle (I" i7 - ~i? sdler Dats Da1s . D~le IFI'3-(v gaier A91~bR~~we . ' tAI~rA~a~k ~ ~ pffKTdO . P~iaf4 IRIUTY CHARBE$ ADDIEiDW ' . pxal knptuvetneM dMrh.is None . . • . ar utlllqr looat Un~ . Arld►ea ' . iR1L 81ate. ZIP . , . . rt~enea~s~wisnmr~w~a ~aeo~~onWaamenr~ea~nos~RO~1 wm~ar on4a v~rnu~pp~fanw. ~ • JlC9q~aI1fIl0ICNIUWW.MUAI~8wm1.~~OtiWU~9 aBtt14t1~96.eIR~fmoR~~MmfI~A~ACO1~9esoFmLYlMtf A~lIB~NN~.~O~ Olt O~t4A1m aRlV~ 1-0 1181 ~PItliY~ t0 ~~T.1~l~i6 ~ i p . aB4010 Amo021BodF4RMY01a1R~prpfAlO~t ptFp1Yl01MYN071111T71@1flWFllo el►AMltff!!R 191o0M. ~ ~ ' ~JAR Cb . g a o ~ ~ ~ ~ ~ ~ ° ~ • LP ba~. V13~ ~ . o 2 is ~ • is v . ~ ~ ~ ~ ~ • 'o a M O .0 co co ~ ~ ,o a~ ~ ~ ~ ❑ 0. ~ . - a. A. . . , , ~ . . • • . ' 'r . • . , , . . . . . . . . . ' ~ oo W .p! ~ ~ ~ ,o • 1Q '8 ~ . ~ ~ ~ ~ ~ • ~ ~EL g~ ls~ ~ Ti ga ~l ~.s s ~ ~ fill I v ~ ~ ~ ~ • ~ ~ ~ ~ a I u ~ . ~ ~ ~ ~ ~ • : ~ ~ ~ ~ ~ . ~ • ~ ' t • ~ ~ ~ ~ - ~ . ~p , . - ' ~ - ~ ~ ` ' ~ F . ~ e . 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