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HomeMy WebLinkAbout2881 (2) 1 RESOLUTION NO. 2 8 8 1 2 3 4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, AUTHORIZING THE MAYOR TO EXECUTE A PURCHASE AND 5 SALE AGREEMENT BETWEEN THE CITY OF AUBURN SEWER DIVISION OF THE PUBLIC WORKS DEPARTMENT AND OPUS NORTHWEST L L C IN THE 6 AMOUNT OF EIGHT HUNDRED FIFTY THOUSAND DOLLARS ($850, 000) 7 8 WHEREAS, the City Sewer Division of the Public Works 9 Department obtained the property known as the "Goedecke North" 10 property through foreclosure of local improvement assessment 11 liens described in the Local Improvement Assessment Deed 12 13 dated May 23 , 1994 , recorded under King County recording 14 number 9405260718 and attached hereto as Exhibit "A" and is 15 herein incorporated by this reference; and 16 WHEREAS, the City Sewer Division of the Public Works 17 Department is responsible for recovering its ratepayer' s money 18 19 spent by the City Sewer Division of the Public Works 20 Department on the sanitary sewer local improvements 21 constructed on the "Goedecke North" property; and 22 WHEREAS, the City Sewer Division of the Public Works 23 Department has negotiated a fair purchase price in the 24 25 26 Resolution No 2881 October 21, 1997 Page 1 1 Purchase and Sale Agreement, a copy of which is attached 2 hereto as Exhibit "B" and is incorporated by this reference; 3 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, 4 5 WASHINGTON, IN A REGULAR MEETING DULY ASSEMBLED, HEREWITH 6 RESOLVES THAT 7 SECTION 1 . The Mayor of the City of Auburn is herewith 8 authorized to execute a Purchase and Sale Agreement between 9 the City of Auburn Sewer Division of the Public Works 10 11 Department and OPUS Northwest L L C in the amount of EIGHT 12 HUNDRED FIFTY THOUSAND DOLLARS ($850 , 000) A copy of said 13 Purchase and Sale Agreement is attached hereto as Exhibit "B" 14 and incorporated herein by this reference 15 16 SECTION 2 . The Mayor is hereby authorized to implement 17 such administrative procedures as may be necessary to carry 18 out the directives of this legislation 19 20 21 22 23 24 25 26 Resolution No 2881 October 21, 1997 Page 2 1 DATED this 20th day of October, 1997 2 3 4 CITY OF AUBURN 5 6 CAN CHARLES A BOOTH 8 MAYOR 9 10 11 ATTEST 12 13 14 /1 A feed/ 15 Danielle E Daskam, Acting City Clerk 16 17 18 APPROVED AS TO FORM 19 i/J11\ 9ji„ 20 11 21 Michael J Reynolds, 22 City Attorney 23 24 25 26 Resolution No 2881 October 21, 1997 Page 3 ORIGINAL �ant/ 1 LOCAL IMPROVEMENT ASSESSMENT DEED 2 3 This indenture, made this 23rd day of May, 1994, between 4 Arlene Mempa, as Deputy Finance Director of the City of 5 Auburn, King County, Washington, party of the first part, and 6 the City of Auburn, party of the second part 7 WITNESSETH, that, whereas, at a public sale of real 8 property held on the 21st day of July 1989, pursuant to a real an 9 property foreclosure and sale judgment entered in the superior ® 1 ' court in the county of King on the 30th day of May, 1989, in 11 proceedings to foreclose local improvement assessment liens N 12 upon real property and an order of sale duly issued by said 0 Tr 13 court, real property was struck off and sold to the City of 14 Auburn in compliance with the laws of the state of Washington, 15 that said real property is described on attached Exhibit "A" , 16 which consists of eight pages and which is by this reference 17 incorporated herein as if fully set forth, and that said City 18 of Auburn has complied with the laws of the state of 19 Washington necessary to entitle it to a deed for the real 20 property 21 NOW, THEREFORE, know ye, that, I, Arlene Mempa, Deputy 22 Finance Director of said City of Auburn, King County, 23 Washington, in consideration of the premises and by virtue of 24 the statutes of the state of Washington, in such cases 25 26 0 Special Assessment Deed May 20, 1994 Cagree/geo-deed) Page 1 1 2 provided, do hereby grant and convey unto the City of Auburn, 3 its heirs and assigns, forever, the said real property 4 hereinbefore described which was struck off and sold to the 5 City of Auburn July 21, 1989 as evidenced by that certain 6 return of sale on real estate under judgment and order of sale 7 executed on the 24th day of August, 1989 8 Given under my hand and seal of office this cR 3 day of 9 May, A.D , 1994 . 10 11 OF ao PI 12 Deputy Financ= Direc fr CD 13 N14 Oa' 15 CI 16 17 18 19 20 21 22 23 24 25 26 Special Assessment Deed May 20, 1994 (agree/geo-deed) Page 2 PARCEL A: THAT PORTION OP TEL SOUTHWEST QUARTER OP TIE SOUTHEAST QUARTER Or SECTION 19, TOWNSHIP 21 WORTH, DANCE 9 EAST, H.M. , IN RING COUNTY, WASHINGTON, SLSCDIDLD AS FOLLOWS: h"'41— BEGINNING AT THE SOUTHEAST COPNER OP SAID SECTION 19• . THtNCL NORTH 89°25'25° WEST ALONG TIE SOUTHERLY LINE OF SAID SECTION, A DISTauct or 1986. 18 PELT TO ITS INTERSECTION WITH TUE EASTERLY MARGIN OP WEST VALLEY SECONDARY STATE HIGHWAY NO. 5; THENCE NORTE 30 091.28° LAST ALONG SAID MARGIN, A DISTANCE OF 187.95 PELT TO THE TRUE POINT Or aEGINNIN;: • THENCE CONTINUING ALONG SAID MARGIN NORTH 30 091'28° EAST, A DISTANCE Or N 150.00 lent THENCE SOUTH S9 001 '29° EAST, A DISTANCE Or 150.00 Pt!T; xi . MCE SOUTH 30°41 '28° WEST. PARALLEL TO SAID MARGIN, A DISTANCE Or C) , 15Q.00 PEET:: THENCE NORTH 59001 '24° WEST A CISTANCE Or 150.00 PELT TO CD • THE TRUE POINT OP BEGINNING; Cat N N Z QD N 8 04 O d" on A-31 .533 PAGE 1 - EXHIBIT A EXCEPT THAT 'PORTION CONDEMNED IN KING COUNTY SUPERIOR COURT CAUSE NO. 735039 FOR STATE HIGHWAY. PARCEL B: THE SOUTH 30 FEET OF THE FOLLOWING DESCRIBED PROPERTY: THAT PORTION OF THE SOUTH HALF OF THE SOUTHEAST QUARTER OF SECTION 14, TOWNSHIP 21 Sc« NORTH, RANGE 4 EAST, W.M. , IN KING COUNTY, WASHINGTON, LYING SOUTHERLY OF PRIMARY STATE HIGHWAY NO. 2 AND EASTERLY OF STATE ROAD NO. 69 (HIGHWAY 5-M, ALSO KNOWN AS WEST VALLEY HIGHWAY) ; EXCEPT THE FOLLOWING DESCRIBED TRACT: BEGINNING AT THE' INTERSECTION OF THE SOUTH LINE OP THE SOUTHWEST QUARTER OF THE SOUTHEAST QUARTER WITH EASTERLY MARGIN OF STATE ROAD NO. 69; THENCE NORTHERLY ALONG SAID ROAD 423 FEET; THENCE SOUTH 77°11 ' 10• EAST 166.5 FEET: THENCE SOUTH 28•36'46° WEST 375.5 FEET TO THE SOUTH LINE OF SAID SECTION 14 ; THENCE WEST ALONG SAID SECTION LINE 187.5 FEE; 04 TO THE POINT OF BEGINNING; AND O P) EXCEPT THAT PORTION CONDEMNED IN KING COUNTY SUPERIOR. COURT CAUSE N0. O 723157 FOR STATE HIGHWAY. ) NPARCEL C: CD THAT PORTION OF THE SOUTH BALT OFWTHH . IN KING COUNTY, WASHINGTON, SE TO IN 14, OD TOWNSHIP 21 NORTH. RANGE 4 EAST, LYING SOUTHERLY OF PRIMARY STATE HIGHWAY NO. 2 AND EASTERLY OF STATE 5cw4k. ROAD NO. 69 (HIGHWAY 5-M, ALSO KNOWN AS WEST VALLEY RIGRWAY) ; EXCEPT THE SOUTH 30 YtET; AND EXCEPT THE FOLLOWING DESCRIBED TRACT: BEGINNING AT THE INTERSECTION OF THE SOUTH LINE OF THE SOUTHWEST 00 QUARTER OF THE SOUTHEAST QUARTER OF TEE EASTERLY MARGIN OF STATE ROAD a-1 No. 69; THENCE NORTHERLY ALONG SAID ROAD 423 FEET; THENCE SOUTH 77°11' 100 EAST 166.5 FEET; THENCE SOUTH 28°36.46■ VEST 375.5 FEET To O THE SOUTH LINE OF SAID SECTION 14 ; THENCE WEST ALONG SAID SECTION LIN! UD 187.5 FEET TO TEE POINT OF BEGINNING; AND GEXCEPT THAT PORTION CONDEMNED FOR STATE HIGHWAY IN KING COUNTY SUPERIC COURT CAUSE NO. 726045. C, PARCEL D: THAT PORTION OF THE SOUTH HALF OF THE SOUTHEAST QUARTER OF SECTION 111 TOWNSHIP 21 NORTH. RANGE . EAST, V.M. IN KING COUNTY, WASHINGTON, Scy}L RGSOUTHERLY R -M,ALSO KN YO NH.ASYVEST VALLEY EASTERLY HIGHWAY) , STATE OAD NO. 69 (HIGHWAY 5 DESCRIBED AS FOLLOWS: BEGINNING AS THE INTERSECTION OF THE SOUTH LINE OF THE SOUTHWEST QUARTER OF THE SOUTHEAST OUARTER OF THE EASTERLY MARGIN OF STATE BOAC A-317533 ?AGE 2 • NO. 69; THENCE RORTHERLY ALONG SAID ROAD 423 FEET; THENCE SOUTH 77 011' 10° EAST 165.5 FEET; THENCE SOUTH 28°36 '46° WEST 375.5 PEET TO THE SOUTH LINE OF SAID SECTION 14 ; THENCE WEST ALONG SAID SECTION LINE, 187.5 FEET TO THt POINT OF BEGINNING; EXCEPT THE FOLLOWING DESCRIBED PORTION: THAT PORTION OF THE SOUTHWEST QUARTER OF *ME SOUTHEAST QUARTER OF SECTION 14, TOWNSHIP 21 NORTH, RANGE 4 EAST, W,M. . IN F.ING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE SOUTHWESTERLY LINE OF PRIMARY STATE HIGHWAY NO. 2, AS ESTABLISHED BY INSTRUMENT RECORDED UNDER RECORDING NUMBER 4641164, WITH THE EASTERLY LINE OF PRIMARY STATE HIGHWAY O. 5, (WEST VALLEY ROAD) AS NOW ESTABLISHED BY INSTRUMENT RECORDED UNDER RECORDING NUMBER 694364, IN RING COUNTY, WASHINGTON; THENCE SOUTHWESTERLY ALONG SAID EASTERLY LINE ON A CURVE TO THE RIGHT, THE CENTER OF WHICH BEARS NORTH 67°25'34° WEST 1940.06 FEET AM ARC DISTANCE OF 181.10 FEET TO A POINT OP REVERSE CURVE; THENCE SOUTHWESTERLY ALONG SAID CURVE TO THE LEFT HAYING A RADIUS or 20 FEET 2 AN ARC DISTANCE OF 30.92 PEET, TO A POINT OF TANGENCY; THENCE SOUTH C) 60°39040° EAST 130 PELT; THENCE NORTH 25°16 •36° EAST 233.59 PEET TO THI PI SOUTHERLY LINE OF SAID PRIMARY STATE HIGHWAY NO. 2; THENCE NORTH N 23°20.30° WEST ALONG SAID SOUTHERLY LINE 150 PEET TO THE POINT OF CBEGINNING; AND EXCEPT THAT PORTION OP THE SOUTHWEST QUARTER OF THE C SOUTHEAST QUARTER OF SECTION 18, TOWNSHIP 21 NORTH, RANGE 4 EAST, V.M., IN SING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: uu BEGINNING AT THE SOUTHEAST CORNER OF SAID SECTION 14; THENCE NORTH 89°25'25° WEST ALONG THE SOUTHERLY LINE OF SAID SECTION, A DISTANCE OF Qj 1956.18 FEET TO ITS INTERSECTION WITH THE EASTERLY MARGIN OF WEST v4 VALLEY SECONDARY STATE HIGHWAY N0. 5; THENCE NORTH 30 041 . 26. EAST ALON SAID MARGIN, A DISTANCE OF 187.95 FEET TO THE TRUE POINT of BEGINNING; O THENCE CONTINUING ALONG SAID MARGIN NORTH 30 041126' EAST, A DISTANCE 0 150.00 PLET: THENCE SOUTH 59 4001 '24° EAST, A DISTANCE OF 150.00 FEET ; 04 THENCE SOUTH 30 041 '28° WEST, PARALLEL TO SAID MARGIN, A DISTANCE_ OF 0 150.00 FEET; THENCE NORTH 59°01028° WEST A DISTANCE OF 150.00 FEET To d' THE TRUE POINT OF BEGINNING: AND EXCEPT THAT PORTION CONDEMNED FOR 0) STATE HIGHWAY IN KING COUNTY SUPERIOR COURT CAUSE NO. 723157; AN6 EXCEPT THAT PORTION WITHIN WEST VALLEY HIGHWAY (SR 1! 1 ) . PARCEL L: THE NORTH 12 FEET OF THAT PORTION OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER LYING LAST OF STATE ROAD NO. 69, IN SECTION 23. S" T11" TOWNSHIP 21 WORTH, RANGE 4 EAST, V.M. , IN KING COUNTY, VA:P.INGTON . EXCEPT TEAT PORTION CONDEMNED FOR STATE HIGHWAY IN KING COUNTY Su?ERIC COURT CAUSE NO. 726045. PARCEL P: • T''AT PORTICH OF THE YORTHUEST QUARTER l•: TUE NORTHEAST QUARTER GT S:.CTIoa 23, TOUASHIP 21 NORTH, RANGE 4 EAST, W.M. , IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS; A-317533 PAGE 3 • BEGINNING At THE NORTHEAST CORNER OF SECTION 23: AND THENCE SOUTH 89 058' 15° WEST ALONG THE NORTH LINE OT SAID SECTION 23, 1315. 84 PEET TC TEE 1/16TH SUBDIVISION CORNER: THENCE SOUTH 0•42• 21' WEST 12.0 FEfT TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 0442'21° VEST 650.56 FEET; THENCE SOUTH 89°55' 55° WEST 1045.38 FEET TO EASTERLY LINE OF STATE HIGHWAY; THENCE NORTH 30°01015° EAST ALONG SAID EASTERLY LINE OF STATE HIGHWAY 511 .22 FEET; THENCE NORTH 89 458' 15° EAST 269.08 FEET: THENCE NORTH 0 001. 45° WEST 208.71 FEET TO A POINT 12.0 PEET SOUTH OF NORTH LIKE OF SAID SECTION 23: THENCE NORTH 89°58• 15° EAST PARALLEL TO THE NORTH LINE OT SECTION 23. 528.65 FEET TO THE TRUE POINT OF BEGINNING: EXCEPT THAT PORTION CONDEMNED POR STATE HIGHWAY IN KING COUNTY SUPERIOR , COURT CAUSE N0. 726045 : AND EXCEPT THAT PORTION WITHIN THE WEST VALLEY HIGHWAY (SR 181). PARCEL G: BEGINNING AT THE INTERSECTION OF THE NORTH LINE OT THE SOUTH HALT OT THE NORTH HALT OF THE NORTHEAST QUARTER OF SECTION 23, TOWNSHIP 21 }L NORTH, RANGE 4 LAST, W.M. , IN RING COUNTY, WASHINGTON, WITH THE EAST LINE OF STATE ROAD NO. 5-M: THENCE NORTH 88°58•00■ EAST ALONG THE NORTH LINE OF SAID SUBDIVISION 650 FEET: THENCE SOUTH 0°42'00" WEST 353 FEET: THENCE SOUTH 88°58. 00° WEST TO THE EAST LINE OT SAID STATE ROAD: THENCE NORTHERLY ALONG SAID EAST LINE TO THE PLACE OF BEGINNING: EXCEPT THAT PORTION CONVEYED TO THE STATE FOR HIGHWAY BY DEEDS RECORDED UNDER OD RECORDING NUMBER 6663759 AND 6661898. N PARCEL B: O LO BEGINNING AT THE INTERSECTION OT THE WORTH LINE OF THE SOUTH HALT OF 04 THE NORTH HALF OF THE NORTHEAST QUARTER OF SECTION 23, TOWNSHIP 21 OPORTA, RANGE 4 EAST, M.M. , IN KING COUNTY, WASHINGTON, WITH THE EAST LINE OF STATE ROAD NO. 5-M: THENCE NORTH 88°58 '00- EAST ALONG THE -4, E NORTH LINE OT SAID SUBDIVISION, 1157 PEET: THENCE SOUTH 20.43 '00" VEST VV JJ 709 FEET; THENCE SOUTH 0°25'000 WEST 168 FEET; THENCE SOUTH 87°01 '00° WEST 590 FEET; THENCE SOUTH 0°42'00" WEST 160 PEET; THENCE SOUTH B7°01 '000 WEST TO THE EAST LINE OF SAID STATE ROAD: THENCE NORTHERLY ALONG SAID EAST LINE TO THE POINT OF BEGINNING; EXCEPT THAT PORTION THEREOF DESCRIBED AS FOLLOWS: BEGINNING AT THE NOFTHEAST CORNER OF TEE HEREINASOVE DESCRIBED MAIN TRACT: THENCE NORTH 86°58 '00° LAST ALONG THE NORTH LINE OF SAID MAIN TRACT 650 FEET; THENCE SOUTH 0°42'000 WEST 353 PEET: THENCE SOUTH 88°58'00° WEST TO THE EASTERLY MARGIN OF STATE ROAD NO. 5-M: THENCE NORTHERLY ALONG SAID EASTERLY MARGIN TO THE PLACE OF BEGINNING; AND EXCEPT THAT PORTION DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF THE ABOVE DESCRIBED MAIN PARCEL: THENCE NORTH 87°01'000 EST 200 FEET: THENC! NORTH 03°23154° WES: 199.85 FEE?: THENCE NORTH 87 401 .00° WEST To THE EAST MARGIN OF STATE ROAD NO. 5-M: THENCE SOUTHERLY ALONG SAID MARGIN TO THE POINT OF A-317533 PAGE 4 BEGINNING; AND EXCEPT THAT PORTION CONVEYED TO IRE STATE TOP HIGHWAY BY DEED RECORDED UNDER RECORDING NUMBERS 6661898 AND 6663760. PARCEL I: THAT PORTION OT THE NORTHEAST QUARTER OT THE SOUTHEAST QUARTER OT SECTION 14, TOWNSHIP 21 NORTH, RANGE 4 EAST, W.M. , IN XING COUNTY. WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT INTERSECTION OF EAST LINE or SECTION 14 AND THE SOUTH LINE Yw.F4- OF THE ROAD RIGHT-OT-WAY OF SOUTH 328TH STREET (MAIN STREET) WHICH IS TIE TRUE POINT OF BEGINNING: THENCE SOUTHERLY ALONG SAID LAST LIME OF SECTION 14, A DISTANCE OF 200 PEET; THENCE WESTERLY PARALLEL TO THE SOOTR LINE OP SOUTH 328TH STREET, A DISTANCE OP 236 FEET: THENCE NORTHERLY PARALLEL TO THE EAST LINE OT SECTION 14 , A DISTANCE OT 40 PEET; THENCE WESTERLY PARALLEL TO THE SOUTH LINE OF SOUTH 328TH STREET, A DISTANCE OT 64 FEET: THENCE NORTHERLY, PARALLEL TO THE LAST LINE OT SECTION 14, A DISTANCE OT 160 PEET, TO A POINT OM THE SOUTH LIME OF .a} SOUTH 328TH STREET: THENCE EAST 300 PEET TO THE POINT OF BEGINNING; EXCEPT PORTION LYING EASTERLY OT THE EAST BANK OT MILL CREEK: AND N EXCEPT PORTION CONVEYED TO THE STATE OP WASHINGTON TOR HIGHWAY PURPOSE! O BY DEED RECORDED UNDER RECORDING NUMBERS 6661364 AND 6661365. CO N PARCEL J: CD T, THAT PORTION OT THE SOUTHEAST QUARTER OP SECTION 14, TOWNSHIP 21 Q) NORTH, RANGE 4 EAST, W.M. , IN KING COUNTY, WASHINGTON. LYING NORTHERLY OT PRIMARY STATE HIGHWAY NO. 2-A, EASTERLY or THE LAST MARGIN OT SECONDARY STATE HIGHWAY NO. 5 AND SOUTHERLY OF SOUTH 328TH STREET: S JL. EXCEPT THE FOLLOWING DESCRIBED PROPERTY: BEGINNING AT THE INTERSECTION OT SECONDARY STATE HIGHWAY NO. 5-M (2-M) WITH THE NORTH-EAST RIGHT-OF-WAY LINE OF PRIMARY STATE HIGHWAY NO. 2, AS CONVEYED TO STATE OF WASHINGTON BY DEED RECORDED UNDER RECORDING NUMBER 4641164 WHICH IS THE TRUE POINT OT BEGINNING: THENCE NORTHEASTERLY ALONG THE EASTERLY RIGHT-OF-WAY OP SECONDARY STATE HIGHWAY NO. 5-11 (NOW 2-M) TO THE INTERSECTION OT THE SOUTHERLY RIGHT-OF-WAY LINE OF SOUTH 328TH STREET (MAIN STREET) AS IT EXISTED PRIOR TO JULY 21, 1941 , TEE DATE OT DEED TO THE STATE OT WASHINGTON, BEING RECORDING NUMBER 3185611, RECORDS OT KING COUNTY, WASHINGTON: THENCE EASTERLY ALONG THE SOUTH RIGHT-OF-WAY OT SOUTH 328TH STREET, 37 FEET: THENCE SOUTHERLY IN A STRAIGRT LINE TO A POINT ON THE NORTHERLY MARGIN OT PRIMARY STATE HIGHWAY' NO. 2 AS RECORDED UNDER RECORDING NUMBER 4641164 AND WHICH POINT IS 320 FEET EASTERLY OF THE LAST MARGIN OT SECONDARY STATE HIGHWAY NO. 5-11 (2-M) : THENCE WESTERLY ALONG THE NORTHERLY MARGIN OF SAID PRIMARY STATE HIGHWAY NO. 2-A TO THE TRUE POINT OF BEGINNING; AND EXCEPT THE FOLLOWING DESCRIBED TRACT: BEGINNING AT THE INTERSECTION OT THE EAST LINE OF SECTION 14$ AND THE SOUTH LINE OT THE ROAD RIGHT-OF-WAY OT SOUTH 328TH STREET (MAIN STPEt WHICH IS THE TRUE POINT OF BEGINNING: TMENCI SOUTHERLY ALONG SAID EAS A-317533 PAGE 5 LINE Of SECTION 14, A DISTANCE Of 200 FEET; THENCE WESTERLY, PARALLEL TO THE SOUTH LINE OF SOUTH 328TH STREET, A DISTANCE OF 236 IEET; THENCE NORTHERLY PARALLEL TO THE LAST LINE OF SECTION 14, A DISTANCE OF 40 FLEE; THENCE WESTERLY PARALLEL TO THE. SOUTH LINE OF SOUTH 328TH STREET, A DISTANCE OF 64 PEET; THENCE NORTHERLY PARALLEL TO THE EAST LINE Of SECTION 14, A DISTANCE Of 160 FEET, TO A POINT ON THE SOUTH LINE Of SOUTH 328TH STREET; THENCE EAST 300 FEET TO THE POINT OF BEGINNING; AND EXCEPT THAT PORTION CONVEYED TO THE STATE OF WASHINGTON FOR HIGHWAY BY DEED RECORDED UNDER RECORDING NUMBERS 7112300650, 626661350, AND 6661351 ; O C) EXCEPT ANY PORTION LYING SOUTHEASTERLY Of THE EASTERLY LINE Of STATE O ROUTE 167. 17 PARCEL K: r, THAT PORTION OF THE SOUTHEAST QUARTER or SECTION 10 , TOWNSHIP 21 m NORTH, RANGE 4 LAST, W.M. , IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: 'a }'` BEGINNING AT THE INTERSECTION OF THE EASTERLY LINE Of SECONDARY STATE /- HIGHWAY NO. 5-M, ALSO KNOWN AS STATE ROAD NO. 69, WITH NORTHERLY LINE Of PRIMARY STATE HIGHWAY NO. 2, AS CONVEYED TO THE STATE OF WASHINGTON BY INSTRUMENT RECORDED UNDER RECORDING NUMBER 4641164, RECORDS OF KING COUNTY, WASHINGTON; THENCE NORTH 20°09 ' 09" EAST ALONG THE EASTERLY LINE OF SAID SECONDARY STATE HIGHWAY NO. 5-M, A DISTANCE Of 150 PEET TO THE QD TRUE POINT Of BEGINNING OF THE TRACT HEREIN DESCRIBED; THENCE ,4 CONTINUING NORTHERLY ALONG THE EASTERLY LINE or SAID SECONDARY STATE HIGHWAY NO. 5-M TO AN INTERSECTION WITH THE SOUTHERLY LINE Ol SOUTH O 328TR STREET (MAIN STREET ) AS IT EXISTED PRIOR TO JULY 21 , 1941, THE GR DATE OF DEED TO THE STATE OF WASHINGTON RECORDED UNDER RECORDING NUMSEF f4 3185411 . RECORDS OT KING COUNTY, WASHINGTON THENCE ALONG SAID ' Q SOUTHERLY LINE NORTH 88°52'09' EAST 375 FEET; THENCE SOUTH 19°31' 21 CD WEST 1676.03 FEET, MORE OR LESS, TO THE NORTHERLY LINE Of SAID PRIMARY STATE HIGHWAY N0. 2 ; THENCE WESTERLY ALONG SAID NORTHERLY LINE 170 FEET; THENCE NORTH 20°09' 09" EAST 150 FEET; THENCE WORTH 73 002'51^ WEST 150 FEET TO THE TRUE POINT Of BEGINNING; EXCEPT PORTION CONVEYED TO THE STATE Of WASHINGTON FOR HIGHWAY PUFPOSES BY DEEDS RECORDED UNDE RECORDING NUMBERS 3185611 AND 6661352 ; AND EXCEPT THAT PORTION THEREOF DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTON OF THE RE-ESTABLISHED SOUTHERLY MARGIE OF MAIN STREET (SOUTH 328TH STREET) WITH THE EASTERLY MARGIN or WEST VALLEY HIGHWAY (S.S.H. NO. 5 ) ; THENCE SOUTHWESTERLY ALONG SAID EASTERLY MARGIN, 175 FEET; THENCE NORTHEASTERLY PARALLEL WITH SAIL• RE-ESTABLISHED SOUTHERLY MARGIN Of MAIN STREET.- A DISTANCE OF 150 FEET THENCE NORTHEASTERLY IN A STRAIGHT LINE, TO A POINT ON THE RE-ESTABLISHED SOUTHERLY MARGIN OF MAIN STREET WHICH IS 150 FEET EASTERLY OF THE POINT OF BEGINNING, AS MEASURED ALONG SAID RE-ESTABLISHED SOUTHERLY MARGIN; THENCE SOUTHWESTERLY, ALONG SAID RE-ESTABLIShED SOUTHERLY MARGIN 150 FEET TO THE 7OINT OF BEGINNING • A-317533 PAGE 6 PARCEL L: THAT PORTION OF THE SOUTHEAST QUARTER OF SECTION 14, TOWNSHIP 21 NORTH, RANGE 4 EAST, N.M. , IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE RE-ESTABLISHED SOUTHERLY MARGIN jo }(.. OF MAIN STREET (SOUTH 328TH) UNDER AUDITOR'S TILL NOS. 3185611 AND 6661352, WITH THE EASTERLY MARGIN OF WEST VALLEY HIGHWAY (S.S.M. NO. 5) : AND RUNNING THENCE SOUTHWESTERLY, ALONG SAID EASTERLY MARGIN, 175 GFEET: THENCE NORTHEASTERLY PARALLEL WITH SAID RE-ESTABLISHED SOUTHERLY cnIMARGIN OF MAIM STREET, A DISTANCE OF 150 FEET; THENCE NORTHEASTERLY IN 0A STRAIGHT LINE, TO A POINT ON THE RE-ESTABLISHED SOUTHERLY MARGIN OF r( MAIN STREET WHICH IS ISO FEET EASTERLY OT THE POINT OF BEGINNING, AS n2MEASDRED ALONG SAID RE-ESTABLISHED SOUTHERLY MARGIN; THENCE ))SOUTHWESTERLY ALONG SAID RE-ESTABLISHED SOUTHERLY MARGIN, 150 FEET TO PTHE POINT OF BEGINNING. . ao PARCEL M: it; • THAT PORTION OF THE NORTHEAST QUARTER OP SECTION 23, TOWNSHIP NORTH, RANG! • EAST, W.M. , IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: COMMENCING AT THE INTERSECTION OF THE NORTH LINE OF SOUTH HALF OF THE is.•�•ri�► NORTH HALF OF SAID NORTHEAST QUARTER OF SAID SECTION 23, WITM EASTERLY HARGIM OF WEST VALLEY HIGHWAY, HAYING A RIGHT ANGLE WIDTH OF 60 FEET: THENCE NORTH 8B°58'00' EAST ALONG SAID WORTH LINE, A DISTANCE OF 1157.00 FEET; THENCE SOUTH 20•03'00` WEST. A DISTANCE OF 709.00 FEET: 00 THENCE SOUTH 00•25`00" WEST, A DISTANCE OF 168.00 FEET; THENCE SOUTH 87°01 '00' WEST, A DISTANCE OF 590.00 FELT: THENCE SOUTH 00°42 '00■ WEST, C A DISTANCE OF 160.00 FEET : THENCE SOUTH 87 601 '00" WEST, 511 .70 FEET TO CS THE EASTERLY MAP.GIN OF SAID WEST VALLEY HIGHWAY, BEING 60 FELT IN (\j WIDTH, AND THE TRUE POINT OF BEGINNING OF THE TRACT HEREIN DESCRIBED: N THENCE NORTH 87 601'00" EAST 200 FEET: THENCE NORTH 3°23'54" VEST 199.85 C FEET: THENCE SOUTH 87°01 '00" WEST 200 FEET TO THE EASTERLY LINE OF SAID EIGHWAY: THENCE SOUTHERLY ALONG SAID EASTERLY LINE 200 FEET TO THE Q" TRUE POINT OF BEGINNING. _ - - PARCEL N: THAT PORTION OF THE NORTH HALT OF TNT NORTHWEST QUARTER 0! THE NORTHEAST QUARTER OF SECTION 23. TOWNSHIP 21 NORTH, RANGE 4 EAST, Cer+1,_ W.M. , IN KING COUNTY, WASHINGTON, DESCRIBED AS FOLLOWS: BEGINWT_NG AT THE NORTHEAST CORNER OF SAID SECTION 23: THENCE SOUTH 89°58' 15" WEST ALONG THE NORTH LINE OF SAID SECTION 23, A DISTANCE OF 1315.84 FEET TO THE 1/16TH SECTION CORNER : THENCE SOUTH 0°42' 21- WEST 12.00 FEET: THENCE SOUTH 89°58 '15' WEST PARALLEL WITH SAID NORTH LINE OF SECTION 23, 528.65 FEET TO THE TRUE POINT OF BEGINNING: THENCE A-317533 PAGE 7 o u Mo - mH ..itM o 0 oar N = 64 W M a N M O N • NM Hu • MU ■ N 52 (1% X • < M Pm S0. 0 M Qt Z0 GC Y .d y W Hr X .0 - S M W N O < M M W M S D I, • H M r U M U )~ N M < Z M . M .A M = X N X 0 0 M � .I CC MH NNW 01 * = a M M < Ma MHO ! N < H O H H O < 000 * 0 O U 0 0 • M 0 7. N M N M Wei Si •. OW O. a -- ow < ONO « D a Cuomo Om M40a10WH UMW' S O X Z N H to a • N H ! M ■ M M M H N M ax •• osIbry X N M M I f• 0 NMO. 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MAl mcprr ON4ilfLOia zosozzSOL@ x._ sTto97-sot7s J �, r l ' PURCHASE AND SALE AGREEMENT /.1-5 ' This PURCHASE AND SALE AGREEMENT (this "Agreement" ) , made as of the (;w day of 4Ja oo< klei4, is by and between The City of Auburn, a Washington municipal corporation ( "Seller" ) and Opus Northwest, L L C ( "Buyer" ) For and in consideration of the mutual covenants herein contained, the sufficiency of which is unconditionally acknowledged by Buyer and Seller, the parties hereto do hereby agree as follows SECTION 1 SALE AND PURCHASE Seller agrees to sell to Buyer and Buyer agrees to purchase from Seller (1) fee title to that portion of the property legally described on Exhibit A hereto shown in single cross-hatching on Exhibit A-1 , together with all improvements thereon and appurtenances thereto (the "Property" ) , plus (2) a Mitigation Easement (as further described below) over, across and on that portion of the property legally described on Exhibit A hereto and shown in double cross-hatching on Exhibit A-1 (the "Mitigation Easement Area" ) , all in King County, Washington, all on the terms , covenants and conditions set forth herein Buyer and Seller agree to cooperate during the Feasibility Period to adjust the boundaries of the Property and the Mitigation Easement Area to conform to the parties ' intent that the developable land be within the Property and the area to be used for mitigation or left as wetlands be within the Mitigation Easement Area To the extent that the Property is not contiguous with the lot lines of existing legal lots, Buyer shall obtain prior to Closing a lot line adjustment conforming the property lines of the Property with legal lots Seller shall cooperate with Buyer in executing any applications for such lot line adjustment As further provided in Section 7 below, Buyer shall be responsible for any surveys required for this transaction SECTION 2 PURCHASE PRICE AND PAYMENT 2 1 Earnest Money Deposit As consideration for Seller' s execution and delivery of this Agreement, Buyer will deposit with Stewart Title Insurance Company ( "Title Company" ) a promissory note (the "Earnest Money Note" ) in the amount of Twenty-Five Thousand Dollars ($25, 000) in form and content of Exhibit B attached hereto Provided that the Feasibility condition set forth in Section 3 1 1 hereof has been satisfied or waived by Buyer on'or before expiration of the Feasibility Period, Buyer shall pay the principal of the Earnest Money Note to Title Company and the Earnest Money Note shall be returned to Buyer Hereafter, the term "Earnest Money Deposit" 11 Y \WP\WBB\0568\002A002I WEB 1 10/24/97 shall be used to refer, when appropriate, to the Earnest Money Note and, when paid, to the principal thereof and any interest earned thereon Buyer shall be entitled to direct Title Company to place the Earnest Money Deposit in an interest bearing account of Buyer' s choice 2 2 Purchase Price The purchase price (the "Purchase Price" ) is Eight Hundred Fifty Thousand Dollars ($850, 000) 2 3 Payment The Purchase Price, less the Earnest Money Deposit, shall be payable in cash or certified check upon Closing SECTION 3 FEASIBILITY CONDITION 3 1 The obligations of Buyer under this Agreement and consummation of Closing are subject to Buyer completing a feasibility study and determining in Buyer' s full and complete discretion that it is feasible for Buyer to own and operate the Property in a manner and upon terms and conditions satisfactory to Buyer 3 1 1 Feasibility Period Buyer shall have three (3 ) months (the "Feasibility Period" ) to give Seller written notice that the Feasibility Condition is satisfied, which period shall commence upon full execution of this Agreement by both Buyer and Seller 3 1 2 Initial Extension Periods Buyer may extend the Feasibility Period for up to seven (7) consecutive extensions of one (1) month each (each an "Initial Extension Period" ) by so notifying Seller in writing and depositing with Seller, prior to the then- scheduled date for Closing, an additional cash Earnest Money Deposit of $2 , 500 per extension (each such payment being an "Initial Extension Period Deposit" ) Initial Extension Period Deposits shall be applicable to the Purchase Price but shall be otherwise non- refundable 3 2 Contingency Removal; Effect of No Notice Buyer may remove or waive contingencies only by a document in writing If Buyer fails to remove or waive any contingency of Section 3 1 within the applicable time periods set forth herein, this Agreement shall terminate, all portions of the Earnest Money Deposit that have not been made non-refundable as provided above shall be returned to Buyer and neither party shall have any further rights or obligations whatsoever arising out of or in connection with this Agreement except as provided in Section 5 below 3 3 Delivery of Feasibility/Development Information In the event Buyer fails to waive the Feasibility Condition of Section 3 1 or this Sale otherwise fails to close other than due to default of Seller, Buyer shall promptly deliver to Seller copies of all Y \WP\WHB\0568\002A002I WHB 2 10/24/97 studies., reports, applications, permits , and other documents and entitlements generated by Buyer in relation to the Property SECTION 4 WARRANTIES 4 1 Seller's Warranties Seller represents and warrants to Buyer that the following facts are true as of the date of Seller' s execution hereof and as of Closing, or as of such other date as may be set forth herein 4 1 1 Organization, Standing, Authority Seller is a municipal corporation duly organized, validly existing and in good standing under the laws of the State of Washington, and qualified to do business in the State of Washington and execution of this Agreement by Seller and its delivery to Buyer have been duly authorized The person signing on behalf of Seller specifically and individually warrants that no further action is necessary on the part of Seller to make this Agreement fully and completely binding upon Seller in accordance with its terms 4 1 2 Delivery of Information Seller will make available for Buyer' s examination, Seller ' s files relating to the property (excluding any attorney/client documents and any confidential materials) Such files are provided without representation or warranty as to accuracy or completeness 4 1 3 Litigation There is no action, suit, investigation or proceeding (administrative or otherwise) pending or threatened against or affecting the Property or any portion of it, the transactions contemplated hereby 4 1 4 Encumbrances Seller' s execution, delivery and consummation of this Agreement shall not result in any default or violation of any agreement or law by which Seller is bound or which will result in any lien, charge or encumbrance on the Property 4 2 Buyer' s Warranties Buyer represents and warrants to Seller that the following facts are true as of the date of Seller' s execution hereof and as of Closing, or as of such other date as may be set forth herein 4 2 1 Organization, Standing, Authority Buyer is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware, and qualified to do business in the State of Washington, and execution of this Agreement by Buyer and its delivery to Seller have been duly authorized by Buyer and no further action is necessary on the part Y \WP\WHB\0568\002A002I.NUB 3 10/24/97 of Buyer to make this Agreement fully and completely binding upon Buyer in accordance with its terms 4 3 "As-Is" Purchase Buyer acknowledges and agrees that it has been or will prior to the expiration of the Feasibility Period be given a full opportunity to inspect and investigate every aspect of the Property, including all matters related to legal status or requirements , physical condition, title, leasing, contracts and other matters of significance Buyer specifically acknowledges and agrees that the Property is being sold in an "AS IS" condition and "WITH ALL FAULTS" as of the Closing Except as expressly set forth in Section 4 1 of this Agreement, no representations or warranties have been made or are made and no responsibility has been or is assumed by Seller or by any employee, officer, person, firm, agent or representative acting or purporting to act on behalf of Seller as to any matters concerning the Property, including, without limitation, the condition or repair of the Property or the value, expense of operation, or income potential thereof or as to any other fact or condition which has or might affect the Property or the condition, repairs, value, expense of operation or income potential of the Property or any portion thereof The parties agree that all understandings and agreements heretofore made between them or their respective agents or representatives are merged in this Agreement and the Exhibits hereto annexed, which alone fully and completely express their agreement, and that this Agreement has been entered into after full investigation by Buyer, or with the parties satisfied with the opportunity afforded for full investigation Buyer is not relying upon any statement or representation by Seller unless such statement or representation is specifically embodied in this Agreement or the Exhibits annexed hereto Without limiting the foregoing, Seller makes no representations or warranties as to whether the Property contains wetlands, fill, asbestos or harmful or toxic substances or pertaining to the extent, location or nature of same Further, to the extent that Seller has provided to Buyer information from any inspection, engineering or environmental reports concerning asbestos or harmful or toxic substances, Seller makes no representations or warranties with respect to the accuracy or completeness , methodology of preparation or otherwise concerning the contents of such reports Buyer acknowledges that Seller has requested Buyer to inspect fully the Sale Property and investigate all matters relevant thereto and to rely solely upon the results of Buyer' s own inspections or other information obtained or otherwise available to Buyer, rather than any information that may have been provided by Seller to Buyer In furtherance of the foregoing, Seller makes no representations or warranties as to the truth, accuracy or completeness of any materials, data or other information supplied to Buyer in connection with Buyer' s inspection of the Property (e g , that such materials are complete, accurate or the final version thereof, or that all such materials are in Seller' s possession) It is the parties' express understanding and Y \WP\WEB\0568\002A002I WEB 4 10/24/97 agreement that such materials are provided only for Buyer' s convenience in making its own examination and determination during the Feasibility Period, as to whether it wishes to purchase the Property SECTION 5 POSSESSION AND INTERIM ACTIONS 5 1 Possession and Prior Entry Possession of the Property shall be delivered at Closing Between the date hereof and Closing or the earlier expiration or termination of this Agreement, Buyer, its agents and employees shall have the right to go upon the Property for the purpose of inspecting and making any tests or studies Buyer deems appropriate Buyer agrees to indemnify, defend and hold Seller harmless from and against any and all liens, claims, loss or liability arising out of Buyer' s entry on to the Property prior to Closing pursuant to this Section SECTION 6 TITLE 6 1 Policy and Condition of Title Seller shall convey title at Closing by special warranty deed subject only to Special Exceptions 2 through 9 as shown on Stewart Title Company of Washington preliminary commitment No 295432 dated June 21, 1996 and an easement, to be recorded at Closing, permitting Seller or its designee to improve the existing Mill Creek creekbed to create a floodway conveyance in accordance with the Mill Creek Flood Control Plan as finally adopted Buyer shall be solely responsible for procuring and paying for such title insurance and/or surveys relating thereto as Buyer deems appropriate If Seller cannot deliver clear title as required herein, then Buyer shall either (i) waive the defects or (ii) cancel this contract and have all earnest monies and other deposits returned to Buyer, provided that if the title defects are due to Seller' s failure to make monetary payments or are non-monetary defects created by Seller after full execution of this Agreement, then Buyer shall have all rights and remedies provided under Section 8 of this Agreement SECTION 7 CLOSING 7 1 Escrow Closing of the purchase and sale subject of this Agreement shall occur through an escrow (the "Escrow" ) with Stewart Title Company on a date mutually acceptable to Buyer and Seller and, in any event, on or before thirty (30) days after expiration of the Feasibility Period At Closing, Buyer and Seller shall deposit with Escrow all funds, documents and instruments required hereby for delivery to the other The deed shall be in the form of a special warranty deed When used herein, "Closing" shall Y \WP\WHB\0568\002A002I WHB 5 10/24/97 mean the date the Deed from Seller to Buyer is recorded and Seller is entitled to the use of Buyer's funds 7 2 Costs and Prorations Buyer shall pay the cost of the policy of title insurance required hereby, including the cost of any survey required hereby, any real property excise taxes due and payable in connection with the sale of the Property, the cost of any documentary or transfer tax or stamps the cost of recording the deed, and one-half of any other Closing expenses Seller shall pay the remaining one-half of the other Closing expenses Escrow shall be responsible for reporting the Closing to the Internal Revenue Service pursuant to Section 6045 of the Internal Revenue Code 7 3 Escrow Instructions This Agreement is intended by the parties to set forth the Escrow instructions to Escrow Nonetheless, Seller and Buyer agree to execute and deliver to Escrow any additional instructions requested by Escrow for the purpose of consummating this transaction, provided that any such additional instructions are not inconsistent herewith SECTION 8 REMEDIES 8 1 Seller' s Remedies If the transaction fails to close due to default by Buyer, seller shall have all rights available in law or equity 8 2 Buyer' s Remedies If the transaction fails to Close due to default by Seller, Buyer shall have the right to specifically enforce this Agreement or to terminate this Agreement and receive immediate refund of the Earnest Money Deposit Buyer specifically waives any rights to recover actual or consequential damages SECTION 9 TAX EFFECT No party has made or is making any representations to the other concerning any of the tax effects of the transactions provided for in this Agreement No party shall be liable for or in any way responsible to any other party because of any tax effect resulting from the transactions provided for in this Agreement SECTION 10 MISCELLANEOUS 10 1 Notices Any demand, request or notice which either party hereto desires or may be required to make or deliver to the other shall be in writing and shall be deemed given when delivered by facsimile, personally delivered, delivered by private courier service (such as Federal Express) , or three days after being Y \WP\WHB\0568\002A0021 WHB 6 10/24/97 deposited in the United States Mail in registered or certified form, return receipt requested, addressed as follows To Buyer Opus Northwest, L L C 200 112th Ave N E Bellevue, WA 98004 Attn Bart Brynestad To Seller The City of Auburn 25 W Main Auburn, Washington 98001 Attn Chris Thorn or to such other single address and person as either party may communicate to the other by like written notice 10 2 Entire Agreement This Agreement contains the entire understanding between the parties and supersedes any prior understandings and agreements between them respecting the subject matter hereof There are no other representations, agreements , arrangements or understandings, oral or written, between and among the parties hereto or any of them, relating to the subject matter of this Agreement No amendment of or supplement to this Agreement shall be valid or effective unless made in writing and executed by the parties hereto 10 3 Construction The section headings throughout this Agreement are for convenience and reference only and the words contained in them shall not be held to expand, modify, amplify or aid in the interpretation, construction or meaning of this Agreement All pronouns and any variations thereof shall be deemed to refer to the masculine, feminine, neuter, singular or plural as the identification of the person or persons, firm or firms, corporation or corporations may require Any reference herein to "days" means consecutive calendar days If the last day of any time period or any other specified date occurs on a day when the recording office of the county in which the Property is located is closed, such time period or date shall be extended to the next day such recording office is open All parties hereto have been represented by legal counsel in this transaction and accordingly hereby waive the general rule of construction that an agreement shall be construed against its drafter 10 4 Attorneys' Fees . In the event of litigation between the parties hereto, declaratory or otherwise, in connection with this Agreement, the prevailing party shall recover its costs and attorneys ' fees actually incurred, including for appeals, which shall be determined and fixed by the court as part of the judgment Y \WP\WHB\0568\002A002Z WHE 7 10/24/97 10 5 Binding Buyer shall not assign this Agreement without the prior written consent of Seller which will not be unreasonably withheld Subject to the above, this Agreement shall inure to the benefit of and be binding upon the heirs , personal representatives, successors and assigns of the parties hereto 10 6 Agency Disclosure In this transaction, neither party was represented by a real estate agent Each party shall indemnify, defend and save the other harmless from and against any claims , fees (including attorneys ' fees and costs) or costs arising out of any claim made by any broker or agent claiming a commission is due by or through the first party The indemnifications set forth in this Section shall survive Closing SECTION 11 FLOODWAY CONVEYANCE As specified in Section 6 1 above, Seller will be reserving an easement for construction of a floodway conveyance along the bed of Mill Creek Seller shall not be obligated to create such floodway conveyance, but agrees that if and to the extent Seller does create same, Buyer shall be entitled to offer such floodway conveyance work as "Buyer' s mitigation" in seeking to meet mitigation conditions imposed on Buyer as part of permits for development of the Property SECTION 12 MITIGATION EASEMENT Seller hereby grants Buyer the right to use the Mitigation Easement Area for Wetlands Mitigation Measures (as defined below) together with an easement over and across the Mitigation Easement Area for construction and maintenance of the Wetlands Mitigation Measures Seller shall be entitled to use the Mitigation Easement Area for all purposes not inconsistent with Buyer' s Wetlands Mitigation Measures, including but not limited to floodway conveyance, parks, and nature trails This mitigation easement shall be evidenced by a recorded easement document specifying the purposes set forth above and containing mutual indemnifications against claims relating the parties ' respective entries upon and use of the Mitigation Easement Area, the form of such easement document to be negotiated within sixty (60) days after full execution of this Agreement As used herein, "Wetlands Mitigation Measures" shall mean (1) any wetlands mitigation measures required for development of the Property without restriction as to time and (2) any wetlands mitigation measures required for development of other property owned by Buyer within the City of Auburn ( "Additional Property Mitigation Measures" ) provided that such Additional Property Mitigation Measures are fully identified and commenced within three (3) years after Closing of the Property Y \WP\WHB\0568\002A0021 WEB 8 10/24/97 _, C.) v nn, r, `' r � k fil F 3, a A W v � �� t0 Z 0 w u It � ZJ u, W CR h H a J-) a)N >1 P1 W 0 W u) E o0 H w H N o °a N 0 0 O co to r- O a, W g "c11 / N 3 -, .- O N •-1 : , 1 L:,,,...__,,,_..„., ,..,,..._c,,,,,,._..,,A-A-4-...•..Lc. . 0 a 1 , 111 A I e n r• ) 4\ 0 / //4 ii, Ai \t \ ip\ -‘• ---„,.. s •, ' '1 t• .... 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Lia i a4 1 u) 1 - too 7 --t--"... 1\ ‘ IL sv? i 'N's•„;;.s.t.r-tr cat 'N.'av ij ,.. 0:',..z\>,:mt,. , L c N _ / ) It it ') - eiflEt-Mirg - r ra II 1 c .1" 1 i . -cLz,... k. % 1 /ri I 0 1 t V A -. _-- , c--e- r :r ‘ 4 '' ktsr •-\\ -1~ )i 1 1 r i ?sA v,/ / , lid pi ;I" ..., ,,-....",.._0 \ ks Jiaf11 W0 Li xxoto\Inn a am 19 \ 0 L4 £0 d '1d101 Exhibit"A" LEGAL DESCRIPTION GOEDECKE NORTH THAT PORTION OF 'PHIS SOUTHEAST QUARTER OF SECTION 14, TOWNSHIP 21 NORTH RANGE 4 EAST, WM LYING WESTERLY OF SR-167 AND NORTHERLY OF SR-18 AND EASTERLY OF THE WEST VALLEY HIGHWAY AND SOUTH OF WEST MAIN STREET LESS THAT PORTION TRANSFERRED TO THE GREEN RIVER FLOOD ZONE BY DOCUMENT RECORDED UNDER KING COUNTY AUDITOR'$ FILE NUMBER 7112300654 AS GENERALLY DEPICTED ON THE ATTACHED MAP £0i£0 d OE £T L66T-7Z-100 e arse.' Nocwoo ONV None < __ EXHIBIT B TO PURCHASE AND SALE AGREEMENT EARNEST MONEY NOTE Nth 2 5 199) $25 , 000 // /g , 1997 Subject to the terms and conditions of that certain Purchase and Sale Agreement (the "Agreement" ) of even date herewith by and between the undersigned and City of Auburn ( "Seller" ) , the undersigned promises to pay to Chicago Title Insurance Company the sum of Twenty-Five Thousand Dollars ($25 , 000 ) without interest, upon removal of the contingency provided in Section 3 1 1 of the Agreement OPUS NORTHWEST, L L C By John o berg Its �Vice President Y \WP\WHB\0568\002A002I WHB 11 10/24/97 • CO Of CHAR!F5 A.BOOTH,MAYO f AUBURN CITY CLERK Robin Wohlhueter,City Clerk 25 West Main, Auburn,WA 98001 Dani Daskam,Deputy City Clerk City Clerk:(925311-13901 1=3089 Tamie Bothell, Records/License Clerk Business Registration:(253) 17 Fax (253)288-3132 chk 110,t° STATE OF WASHINGTON) ss. COUNTY OF KING I, Danielle Daskam, the duly appointed, qualified City Clerk of the City of Auburn, a Municipal Corporation and Code City, situate in the County of King, State of Washington, do hereby certify that the foregoing is a full, true and correct copy of Resolution No 2881 of the resolutions of the City of Auburn, entitled "RESOLUTION NO 2881 " I certify that said Resolution No 2881 was duly passed by the Council and approved by the Mayor of the said City of Auburn on the 20th day of October, 1997 Witness my hand and the seal of the City of Auburn this 11th day of December, 1997 /0424LA Danielle Daskam, City Clerk City of Auburn