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HomeMy WebLinkAboutD 8806270412 THIS SPACE PROVIDED FOR RECORDER'S USE, F CIO CR HSL OC) Filed for Record at Request of " KING COUNTY Name Office of the City Clerk NO EXCISE TAX City of Renton JUN 2 71988 Address... 200 Mill Avenue South Renton, WA 98055 giounl4. City and State.. Quit Claim Deed THE GRANTOR Windsor Place Assoc. , a Limited Partnership for and in consideration of mutual benefits derived conveys and quit claims to City of Renton the following described real estate, situated in the County of KING State of Washington, together with all after acquired title of the grantors) therein: CTI0 SEE EXHIBIT "A". LI no Dated 2 - — 19 _!3 4r Wi,idsor Place A. oc. , a Limited Partnership by Primark _tion__._ 1 Individual) 11 B y. '" _ f • (Individual) Hon (I'rc '1 • • By 4110/4 �� � ------ Wm. Van Geel'erkeflsce it y) STATE OF WASHINGTON t STATE OF WASHINGTON ss. } ss. COUNTY OF COUNTY OF.'722-14-4-0-Y1/4) ) On this dny personally nppenrcd before me On this ..3?' day of . .... .. , 19 F.p before me, the undersigned, n Nota. Public in and for the State of Wash- ington. duly commissioned and sworn, personally appeared..,1Q&.. S.T.40) to me known to he the individual described in and who executed the within and foregoing instrument, and (,&/k-( YAN64 �,eede er"J and acknowledged that signed the same to me known to be th ..... President and ... .Secretary, ns ... ...... ...... .... . free and voluntary act and deed, respectively,of...... ..f!5-"MA �� for the uses and purposes therein mentioned. the corporation (hat executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said torpor. ntion, for the uses and purposes therein mentioned, and on oath stated (tint authorized to execute the said instrument and that the seal GIVEN under my hand and official seal this affixed is the corporate seal of said corporation. day of , 19 Witnes my hand and Qicial seal hereto affixed the day and year first above wrn. Notary Public in and for the State of Wash- Notary Public ' and for„the State of Washington. inglon, residing at residing at.............. .l4rfe‘ i 4 EXHIBIT "A" LEGAL DESCRIPTION That portion of the East half of the Southwest quarter of the Southwest quarter of Section 10, Township 23 North, Range 5 East, W.M. , King County, Washington, more particularly described as follows: COMMENCING at the Southeast corner of said subdivision; THENCE along the East line of said subdivision, N 00°08'06" W, 42.03 feet to the TRUE POINT OF BEGINNING; THENCE continuing along said East line, N 00°08'06" W, 1272.83 feet to the Northeast corner of said subdivision; THENCE along the North line of said subdivision, N 88°11'32" W, 25.01 feet; THENCE S 00°08'06" E, along a line parallel with and 25.00 feet at right angles from the East line of said subdivision, 390.03 feet to a point of curvature; THENCE Southwesterly 39.61 feet along the arc of a curve to the right, having a radius of 25.00 feet, through a central angle of 90°46'07"; THENCE N 89°21'59" W, 307.03 feet to a point of curvature; TOTHENCE Northwesterly 141.86 feet along the arc of a curve to the right, having a radius of 455.00 feet, through a central angle of 17°51'48" to 0 a point of reverse curve; 04 THENCE Northwesterly 152.92 feet along the arc of a curve to the left, CD having a radius of 525.00 feet, through a central angle of 16°41 '21"; GO THENCE N 88°11'32" W, 1.82 feet to a point on West line of the said 00 subdivision, said point also being on the Northerly line of the existing right-of-way margin of N.E. 5th Street as dedicated by the Union 600 Plat Volume 123, Page 96, Records of King County, Washington; THENCE along the said West line, S 00°16'39" E, 50.03 feet to a point on the Southerly line of said existing right-of-way margin and a point of a non-tangent curve; THENCE Southeasterly 138.36 feet along the arc of a curve right, having a radius of 475.00 feet, the radius point of which bears S 01°48'28" W, through a central angle of 16°41'21" to a point of reverse curve; THENCE Southeasterly 157.45 feet along the arc of a curve to the left, having a radius of 505.00 feet, through a central angle of 17°51'48"; THENCE S 89°21'59" E, 308.37 feet to a point of curvature; THENCE Southeasterly 38.93 feet along the arc of a curve to the right, having a radius of 25.00 feet, through a central angle of 89°13'53" to a point, said point being 25.00 feet when measured at right angles from the said East line of the East half of the Southwest quarter of the Southwest quarter; THENCE along a line parallel with said East line, S 00°08'06" E, 756.80 feet to a point of curvature; THENCE Southwesterly 40.18 feet along the arc of a curve to the right, having a radius of 25.00 feet, through a central angle of 92°05'08" to a point of cusp on the existing Northerly right-of-way of N.E. 4th Street; THENCE along said Northerly line, S 88°02'58" E. 50.94 feet to the TRUE POINT OF BEGINNING. Containing 1.4619 acres, more or less. ' • qty Treasurer of the This form is your receipt when stamped c ..s.n property is located. • REAL ESTATE EXCISE TAX ay cashier.,Pay by Dash or certified check to County Treasurer. • CHAPTER 82.45 RCW PLEASE TYPE OR PRINT CHAPTER 458-61 WAC THIS AFFIDAVIT WILL NOT BE ACCEPTED UNLESS ITEMS 0 THROUGH 0 ARE FULLY COMPLETED 0 0 .. . Name Name CC w CC 0 W II-- , fl , H Wa mCCC to Street Street City State Zip • City " State Zip O . , ALL TAX PARCEL NUMBERS NEW OWNER'S Name PERMANENT ADDRESS FOR ALL PROPERTY Street TAX RELATED CORRESPONDENCE City/State Zip 0 LEGAL DESCRIPTION OF PROPERTY SITUATED IN UNINCORPORATED COUNTY ❑ OR IN CITY OF 0 Is this property currently: YES NO 0 Description of personal property if included in sale(furniture,ap- Classified or designated as forest land? Chapter 84.33 RCW ❑ ❑ pliances,etc.) Classified as current use land(open space, farm and agricultural,or timber)?Chapter 84.34 RCW 1:10 Exempt from property tax under nonprofit If exemption claimed,explain organizations Chapter 84.36 RCW? ❑ ❑ Receiving special valuation as historic ❑ property under Chapter 84.26 RCW? Type of Document Type Property: ❑ land only ❑ land with new building. ,' Date of Sale or Conveyance Instrument ' ❑ land with previously ❑ land with mobile home Gross Sale Price 1/ ilutua1 Benefits Derived used building Personal Property(deduct)2/ $ SEE TAX OBLIGATIONS ON REVERSE SIDE Taxable Sale Price $ 0 Excise Tax State 3/ $ (1) NOTICE OF CONTINUANCE (RCW)84.33 or RCW 84.34) Local4/ $ If the new owner(s) of land that is classified or designated as current use or Delinquent Penalty 5/ $ forest land wish(es)to continue the classification or designation of such land, Total Tax Due $ the new owner(s) must sign below. If the new owner(s) do(es) not desire to continue such classification or designation, all compensating or additional tax (SEE 1-5 ON REVERSE SIDE) calculated pursuant to RCW 84.33.120 and 140 or RCW 84.34.108 shall be due and payable by the seller or transferor at the time of sale. To determine if the 0 O land transferred qualifies to continue classification or designation, the county AFFIDAVIT assessor must be consulted.All new owners must sign. I CERTIFY UNDER PENALTY OF PERJURY UNDER THE LAWS OF THE STATE OF WASHINGTON THAT THE FOREGOING IS TRUE This land ❑ does ❑ does not qualify AND CORRECT (see #6 on reverse for penalties). for continuance. DEPUTY ASSESSOR DATE SIGNATURE v-:. S 4 t . (1-.4.:1 - ` ;' - '' '"./' \4 '`` \ (3) NOTICE OF COMPLIANCE(Chapter 84.26 RCW) NAME (print) '. If the new owner(s) of property with special valuation as historic property wish(s)to continue this special valuation the new owner(s) must sign below. If DATE & PLACE OF SIGNING: the new owner(s)do(es)not desire to continue such special valuation, all addi- +'ref tional tax calculated pursuant to Chapter 84.26 RCW,shall be due and payable SPECIFY(circle): grantor/grantee/grantor's agent/grantee's agent by the seller or transferor at the time of sale. Address of residence or place of buisness of person signing(specify): (3) OWNER(S)SIGNATURE Telephone Number 2 0 The following optional questions are requested by RCW 82.45.120 Isyoroperty at the time of sale: YES NO YES NO e. Does conveyance involve a trade,partial a. Subject to elderly,disability,or physical improvement interest corporate affiliates,related parties, 1❑ 2❑ exemption? 1❑ 2❑ trust,receivership or an estate? f. Is the grantee acting as a nominee for a third 1❑ 2❑ b. Does building, if any, have a heat pump or solar 1❑ 2❑ party? heating or cooling system? g. Principal use: c. Does this conveyance divide a current parcel of land? 1❑ 2❑ 1 ❑ agricultural 2 ❑ condominium 3 ❑ recreational d. Does sale include current crop or merchantable 1❑ 2❑ 4 ❑ apt(4+ units) 5 ❑ industrial 6 ❑ residential timber? 7 ❑ commercial 8 ❑ mobile home 9 ❑ timber FOR TREASURER'S USE ONLY FORM REV 64 0030 (5/86) -1155- TAXPAYER ' ��� ' ' y�m� � ` ' � . ~ . 1/ GROSS SALE PRICE "Selling Phc*" shall mean oonmideru1ion, including money or anything of value, paid or delivered or contracted to be paid or delivered in return for the transfer of the real property or estate or interest in real property, and shall include the amount of any lien, mortgage, contract indebtedness, or other inuumbnynom, either given to secure the purchase prioe, or any part thereof, or remaining unpaid on such property at the time of sale (WAC 458-61-030(13)). When consideration is other than money and the transfer is taxab|e, market value is to be reported. 2/ PERSONAL PROPERTY The transfer of personal property is subject to the use tax and is the liability of the grantee. Use separate form for mobile home. 3/ AUDIT AND ENFORCEMENT The tax paid by this document is subject to audit by the Department of Revenue under RCW 82.45.150. RCW 82.45.080 specifies that this tax is the obligation of the seller and remedies for its enforcement are specified in Chapter 82.32 RCW. RCW 82.45.080 states that such tax and penalities... "shall be a specific lien upon each piece of real property sold from the time of sale until the tax shall have been paid, which lien may be enforced in the manner prescribed for the foreclosure of mortgages".... 4/ LOCAL REAL ESTATE EXCISE TAX Cities and/or counties are authorized to adopt by ordinance an additional real estate excise tax to be collected and distributed by the county treasurer (CHAPTER 82.46 ROW). 5/ DELINQUENT PENALTY ~^ If the tax due is not paid within 30 days from the time of sale, interest of 106 per month shall be charged from the sale date until date of payment. Nonpayment or underpayment resulting from intent to evade the tax is subject to 50% penalty (Chapter 82.45 ROW). 6/ PERJURY Perjury is a class C felony which is punishable by imprisonment in a state correctional institution for a maximum term of not more than five years, or by a fine in an amount fixed by the court of not more than five thousand doUara, or by both such imprisonment and fine (RCW 9A.20.020 (1C)). ------------------------------------------------------------------------- TAX OBLIGATION FOR FOREST LAND CLASSIFICATION OR DESIGNATION, CURRENT USE (OPEN SPACE) CLASSIFICATION, PROPERTY EXEMPT FROM TAXATION OR SPECIAL VALUATION AS HISTORIC PROPERTY FOREST LAND LIABILITY (RCW 84.33.120 and 84.33.140) Upon withdrawal or removal of this land from classification or designation a compensating tax shall be imposed which shall be equal to: 1 The difference between the amount of tax last levied on such land as forest and and an amount equal to the new assessed valuation of such land multiplied by the millage rate of the last levy extended against such land, multiplied by 2. A number, in no event greater than ten, equal to the number of years for which such land was classified or designated as forest land. Reforestation or conversion requirements should be consulted according to Chapter 76.09 ROW. CURRENT USE LIABILITY (RCW 84.34.108) Upon withdrawal or removal of this land from c!aooiUcahon, an additional tax shall be imposed in the following manner. 1. Land under classification for a minimum of ten years shall pay an amount equal to the difference between the tax computed on the basis of "current use" and the tax computed on the basis of true and fair value plus interest at the same statutory rate charged on property taxes. The additional tax and interest shall be paid for the seven years last past. 2. Land withdrawn because of a change to a nonconforming use or land withdrawn prior to the minimum ten- yearperiodo| /eUuret000mp|ytotwo'yeornohceofwithdruwo| ohaUbw |iabietopaythoadditiona|tmxao in ). above plus npenalty of20P/bof the additional tax and interest. The additional tax, interest and penalty, shall be paid for the past seven years. ,PROPERTY EXEMPT FROM TAXATION (RCW 84.36.810 and 84.36.262) Sale IA exempt property may cause taxes and interest to be assessed for up to last ten years, depending on type and life of exemption. SPECIAL VALUATION AS HISTORIC PROPERTY LIABILITY (Chapter 84.26 RCW) Whenever procerly ctassifeu and valued as eligible historic property is removed or disqualifies for the valuation, an oddiUonal tax shall become due and payable which ie equal to (a) the actual costs of the substantial improvement multiplied by the levy rate in each year the property was subi*ot to special valuation: plus (b) inte eSt on the amounts of the eadhional tax at the statutory rate charged on delinquent property taxes from the dates on which the additional ti- ( could have been paid without penalty if the property had not been valued as hs|rrio property: plus a penalty equal to twelve percent of the amount determined in (a) and (b), ^.`' "~' :, EXHIBIT "A" LEGAL DESCRIPTION That portion of the East half of the Southwest quarter of the Southwest quarter of Section 10, Township 23 North, Range 5 East, W.M. , King County, Washington, more particularly described as follows: COMMENCING at the Southeast corner of said subdivision; THENCE along the East line of said subdivision, N 00°08'06" W, 42.03 feet to the TRUE POINT OF BEGINNING; THENCE continuing along said East line, N 00°08'06" W, 1272.83 feet to the Northeast corner of said subdivision; THENCE along the North line of said subdivision, N 88°11'32" W. 25.01 feet; THENCE S 00°08'06" E, along a line parallel with and 25.00 feet at right angles from the East line of said subdivision, 390.03 feet to a point of curvature; THENCE Southwesterly 39.61 feet along the arc of a curve to the right, having a radius of 25.00 feet, through a central angle of 90°46'07"; THENCE N 89°21'59" W, 307.03 feet to a point of curvature; THENCE Northwesterly 141.86 feet along the arc of a curve to the right, having a radius of 455.00 feet, through a central angle of 17°51'48" to a point of reverse curve; THENCE Northwesterly 152.92 feet along the arc of a curve to the left, having a radius of 525.00 feet, through a central angle of 16°41'21"; THENCE N 88°11'32" W, 1.82 feet to a point on West line of the said subdivision, said point also being on the Northerly line of the existing right-of-way margin of N.E. 5th Street as dedicated by the Union 600 Plat Volume 123, Page 96, Records of King County, Washington; THENCE along the said West line, S 00°16'39" E, 50.03 feet to a point on the Southerly line of said existing right-of-way margin and a point of a non-tangent curve; THENCE Southeasterly 138.36 feet along the arc of a curve right, having a radius of 475.00 feet, the radius point of which bears S O1°48'28" W. through a central angle of 16°41'21" to a point of reverse curve; THENCE Southeasterly 157.45 feet along the arc of a curve to the left, having a radius of 505.00 feet, through a central angle of 17°51'48"; THENCE S 89°21 '59" E, 308.37 feet to a point of curvature; THENCE Southeasterly 38.93 feet along the arc of a curve to the right, having a radius of 25.00 feet, through a central angle of 89°13'53" to a point, said point being 25.00 feet when measured at right angles from the said East line of the East half of the Southwest quarter of the Southwest quarter; THENCE along a line parallel with said East line, S 00°08'06" E, 756.80 feet to a point of curvature; THENCE Southwesterly 40.18 feet along the arc of a curve to the right, having a radius of 25.00 feet, through a central angle of 92°05'08" to a point of cusp on the existing Northerly right-of-way of N.E. 4th Street; THENCE along said Northerly line, S 88°02'58" E, 50.94 feet to the TRUE POINT OF BEGINNING. Containing 1.4619 acres, more or less. •• EXHIBIT X • Al 88°//'3Z" 25.0/' \ n 0 o ro°46'07" R 25.00' _ /6°4/'2/" =/7°5/'40" L =39.6/ ' R = 525.00' R=455.4:0'` 19 L = /52.92L =/4/.84.' \\1 V N 98 //'32"IV 8 /.82' (� 502°/4'39"E —‹; 50.03' • p --N 69° 2/'59'11/ 30703' N . 5Ih ST. 15 59°2/'59"E 308.37'_-' &Sle/SO/°48'Z8 W ' = 89°/3'53" I R = 475.Q7' = 38.93 L = /3.a.ea,' d = /7°5/'419" 25' / / R = 5o5.00' Li; Sco% /" = /r0' L = /57.45' '44 • g � m o n 8 � � W W O • Q V) • D 3 9Z°05'08" • C R = 2.5.00' 80 L = 40./8' /0 /f Sea°02' S8•'E 50.94' __--•-� /O /G /3 /292.92' N 68° /29Z. 92' N.E. 4th ST. SPEED LETTER TO: _ DATE: 6/Zd/ ?'r PROJECT: kJ �'1--�— SUBJECT: i` • 2•- t e-44 • 2�G✓ (,(4-7/d-eL CITY Or c,4-hrrnN aNI OM. Ct r atr c s OFFICE) " • (Sited