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HomeMy WebLinkAboutD 8911090473 New New Filed for Record at Request of: ; For Recorder's Use Name City of Renton/City Clerk Address 200 Mill Avenue South City and State Renton, Washington 98055 NO ANG Col jNry nA QUIT CLAIM DEED V O9)989 E 0 THE GRANTOR H & M Assoc. IV, A Washington General Partnership 'ji 4 for and in consideration of One Dollar and No/100ths ($1.00) 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 grantor(s) therein: The southerly 2.0 feet of the following described Parcel: Parcel R9,/,1 i fl #0473 I) REOL' F }. On R=i_:i=EE „ rto CI r:AcHCL 'sus That portion of the northwest quarter of the southwest quarter of Section 8, Cr) Township 23 north, Range 5 East, W.M. , in King County, Washington, described as Q follows: commencing at the point of intersection of the northerly line of said .4 subdivision with the northerly production of the westerly margin of Park Avenue Ill North as shown in Renton farm plat, according to the plat thereof recorded in 1iVolume 10 of plats at page 97, in King County, Washington; thence southerly along said margin as produced to a point thereon which is 715 feet north of the southerly line of said subdivision and the true point of beginning; thence west parallel to and a distance of 715 feet north of the south line of said subdivision to the northerly production of the centerline of Pelly Avenue North (Pelly Street) as shown in Renton farm plat number 2, according to the plat thereof recorded in Volume 11 of plats at page 32, in King County, Washington; thence southerly along said produced centerline to a point on the northerly margin of North 6th Street (6th Avenue North) which is 30 feet north of the centerline of said North 6th Street; thence easterly along said northerly margin to the westerly margin of said Park Avenue North; thence northerly along said westerly margin to the true point of beginning; Except the south 185 feet of the east 107.5 feet thereof as conveyed to WESCO Corporation by deed recorded under King County recording number 4970240; except the south 10 feet thereof as conveyed to the City of Renton for roadway purposes by deed recorded under King County recording number 8609111671. H & M ASSOCIATES IV, a Washington General Partnership gen Horbach, General Partner ichael R. Mastro, General Partner STATE OF WASHINGTON,) )ss. County of King I certify that I know or have satisfactory evidence that Michael R. Mastro and Eugene Horbach signed this instrument, on oath stated that they are authorized to execute the instrument and acknowledged it a the General Partners of H & M Associates IV to be the free and voluntary act •f such party for the uses and purposes mentioned in this instrument. Dated: November 6, 1989 11. , 111d_ 14&11111, No a y Public i e State of Washingu.n, residing at My appointment expires f Submit to County Treasurer of the '- This form is your receipt when stamped county in which property is located. REAL ESTATE EXCISE TAX by cashier. Pay by cash.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 W CC Ol_Wcc H H - 2 w a moac Street Street City State Zip City State W Zip 0 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 ❑ 0 pliances,etc.) Classified as current use land(open space, farm and agricultural,or timber)?Chapter 84.34 RCW ❑ ❑ • If exemption claimed,explain Exempt from property tax under nonprofit ❑ ❑ organizations Chapter 84.36 RCW? Receiving special valuation as historic ❑ ❑ property under Chapter 84.26 RCW? Type Property: ❑ land only g Type of Document ❑ land with new buildin Date of Sale or Conveyance Instrument ❑ land with previously ❑ land with mobile home Gross Sale Price 1/ $ 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) Local 4/ $ 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 O and payable by the seller or transferor at the time of sale. To determine if the 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 (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- 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 • D, Telephone Number 0 The following optional questions are requested by RCW 82.45.120 Is property 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❑ exemptil l? 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 thishconveyance 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 . . . 1/ GROSS SALE PRICE "Selling Phce^ shall mean ooneiderutk)n, including money or anything of value, paid or ' delivered or contracted to be paid or delivered in return for the transfeof the real property or estate or interest in real property, and shall include the amount of any lien, mortgage, contract indebtedness, or other inuumbnynoe, either given to secure the purchase price, 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 taxeb|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 RCW). 5/ DELINQUENT PENALTY If the tax due is not paid within 30 days from the time of sale, interest of 10/0 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 5046 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 yeara, or by a fine in an amount fixed by the court of not more than five thousand dollars, or by both such imprisonment and fine (RCW 9A.20D20 (1C)). ------------------------------------------------------------- ---------------- TAX OBLIGATION FOR FOREST LAND CLASSIFICATION OR DESXGNAT|ON, CURRENT USE (OPEN SPACE) CLASSUFICATION, 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 land 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 RCW. CURRENT USE LIABILITY (RCW 84.34.108) Upon withdrawal or removal of this land from danaihoahon, 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 withd/avvn because of a change to a nonconforming use or land withdrawn prior to the minimum ten- year period or failure to comply to two-year notice of withdrawal shall be liable to pay the additional tax as in 1. above plus a penalty of 2007,-, of the additional tax and interest. The additional tax, interest and penalty shall be paid for the past seven years PROPERTY EXEMPT FROM TAXATION (RCW 84'38'810 and 84'36'262) Sae of exempt property may cause taxes and merest to be assessed for up to last ten y*ara, depending on type and life of exemption » SPECIAL VALUATION AS HISTORIC PROPERTY LIABILITY (Chapter 84.26 RCW) Wherever property classiled ad va'ued vce{igiA/eh/uto,icproperty is removed or disqualifies for the valuation, an yrdihono| tax shall become due and payable which is equal to (a) the actual costs of the substantial irnp/wvp�ri"ni mv|!{p/iud by the levy rate in each year the property was subject to upocial valuation: plus (b) interest on the 'amounts oi the additional tax al the statutory rate charged on delinquent property taxes 1pom the dates on which the addliooa\ fax could hr:ve been pc/i vviNou| penalty H the property had oc* been valued as prope;ty; pi:a a pe/'�ky equal to twelve percent of the amcuot tieterminoU in (a) and (b). Exhibit "A" • The southerly 2.0 feet of the following described Parcel: Parcel That portion of the northwest quarter of the southwest quarter of Section 8, Township 23 north, Range 5 East, W.M., --in King County, Washington, described as follows: commencing at the point of intersection of the northerly line of said subdivision with the northerly production of the westerly margin of Park Avenue North as shown in Renton farm plat, according to the plat thereof recorded in Volume 10 of plats at page 97, in King County, Washington; thence southerly along said margin as produced to a point thereon which is 715 feet north of the southerly line of said subdivision and the true point of beginning; thence west parallel to and a distance of 715 feet north of the south line of said subdivision to the northerly production of -the centerline of Pelly Avenue North (Pelly Street) as shown in Renton farm plat number 2, according to the plat thereof recorded in Volume 11 of plats at page 32, in King County, Washington; thence southerly along said produced centerline to a point on the northerly margin of North 6th Street (6th Avenue North) which is 30 feet north of the centerline -of- said North 6th Street; thence easterly along said northerly margin to the westerly margin of said Park Avenue North; thence northerly along said westerly margin -to the true point of beginning; Except the south 185 feet of the east 107.5 feet thereof as conveyed to WESCO Corporation by deed recorded under King County recording-number 4970240; except the south 10 feet thereof as conveyed to the City of Renton for roadway purposes by deed recorded under King County recording number 8609111671.