HomeMy WebLinkAboutRES 2227 CITY OF RENTON , WASHINGTON
RESOLUTION NO. 222.7
WHEREAS the City Of Renton , a municipal corporation,
acting as a noncharter code city under the laws and statutes of the
State of Washington has been negotiating for the acquisition of
certain properties as herein more particularly described for the
purpose of establishing and maintaining wetland areas and trail
systems within the City of Renton, and
WHEREAS proper funds therefore have been provided and
appropriated, and
WHEREAS the City has heretofore caused an appraisal of
said property to be made by a qualified appraiser , and
WHEREAS a review appraiser has prepared a written
• report reviewing and modifying the original appraisal establishing
,the fair market value in the sum of .$ 2 , 850. 0.0, and
WHEREAS theowner of said property shall be provided
with all of the pertinent information regarding said acqusition
and the determination of the fair market value thereof , NOW THEREFORE
THE CITY COUNCIL OF THE CITY OF RENTON , WASHINGTON ,
DO RESOLVE AS FOLLOWS : •
SECTION I : The above recitals and findings are
hereby found to be true and correct in all respects .
SECTION II : It is hereby determined and established
that the fair market value of the following described property as
per its appraisal and review appraisal .is the sum of $2 ,850. 00
and said parcel of property is more particularly described on
the attached Exhibit "A" , which is incorporated by reference
herein as if fully set forth.
SECTION III : The Mayor and City Clerk are hereby
authorized and directed to take all necessary steps including
the execution of all proper documents to secure the acquisition
of said parcel of real estate for the establishing and maintaining
wetland areas and trail systems within the City of Renton. The
Mayor, or his duly authorized representative, shall further take
all necessary action to secure any additional funding, over and above
the amount presently appropriated in City of Renton 1918 Budget
Account Nos . 000/000/07 . 538 . 36 . 61 . 00, 000/000/07 . 538 . 37 . 61. 00 ,
000/000/07 . 538 . 42 . 61 . 00 and 000/000/07 . 538 . 42 . 61 . 04 as provided by
law.
Any .suchconveyance by the owner of said land shall
be by statutory warranty deed, free and clear of all encumbrances
except those of record as set forth in Transamerica Title Insurance
Company' s Report No. 427304 dated April 25 , 1978 , further
reference being made thereto and same being incorporated by reference
as if fully set forth.
PASSED BY THE CITY COUNCIL this 27th day of November
1978.
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Maxi e-Mayor-, Deputy City-Clerk:--
APPROVED BY THE MAYOR this 27th day of November
1978 .
Charles . Delaurenti , Mayor
Approved as to form:
Lawrence J. Warren . City Attorney
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I'' "Description:
.¢ t
,That portion of Government Lot 5 in Section 17 , Township 23 North, '�_-F
,�Ran e 5 East , W.M. lying of C. & P. Railwayright-of-way,any portionthereof lying North of that certain boundary
line
established by Paragraph 10 of that certain decree in equity, King
County Superior Court Cause No . 90072 ;
ALSO EXCEPT any portion thereof within Primary State Highway No . 1.
Situate in the County of King, State of Washington.
-continued-
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NOTE: 1. Investigation should be made to determine if there are any service, installation, maintenance, 1 a
or construction charges for sewer,water or electricity.
2. In the event this transaction fails to close, a cancellation fee will be charged for services
,,��FFrr\‘:"-K.714
rendered in accordance with our rate schedule .,, ,
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