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HomeMy WebLinkAboutD 8602120563 • FILED FOR RECORD AT RE OF KING``"`'-..,.,,,,_„� OFFICE (;M CRY`CH( NO EXCISE TAX U�S7L JI /11`CRY 200 MILL AVE O. SPECIAL WARRANTY DEED I FEB 12198 RENTON,WA980i RAYMOND AVENUE S. W. The Grantor, PACIFIC NORTHWEST GROUP A, a joint venture, as successor in interest to Jack A. Benaroya Company, for and in consideration of fulfilling its obligations under lawful ordinances and administrative orders of the City of Renton, a Washington municipal M corporation, the Grantee, does hereby grant, bargain, sell , convey and Cl Dconfirm to Grantee the following described real estate, situated in 111 4 CD King County, Washington, together with all existing improvements r-I thereunder and thereon, to be used and maintained by Grantee and to be CD OD held open as public rights-of-way: That portion of the northeast quarter of the northeast quarter of Section 36, Township 23 North, Range 4 East, W.M. , lying within a strip of land 60.00 feet in width, having 30 .00 feet of said width on each side of the following described centerline: Beginning at the northeast corner of said Section 36; Thence N 87°31 '08" W along the north line of said Section 36 a distance of 46.36 feet to the true point of beginning; Thence S 01023'23" W a distance of 268.25 feet to a point on the north margin of S.W. 41st Street and the terminus of the herein described centerline. Dated this ag day of C, ib{.,^ , 1985. PACIFI pRTHWjiiitOUP A, a , r e n t 1W1 2.'12 *0563 E B : MILL RECD F CtSH5L 6.00 ****6:00 Crow-Spieke osford •118, 55 Partner B ._` /.l ���2� Ca i forni a Public Empl fees Pr3x�ipai investment Officer Retirement System, Partner BY: �.c �--- _ ��- . '- - Sr. Investment Officer 4-0.P. California State Teachers Ret` rement System, Partner G ? 1%.1 C) CC STATE OF Cal i forni a ) ) ss . COUNTY OF ) On this 28 day of October , 19 85 , personally appeared before me Carl Wilberq to me known to be the California Public Employees Principal Investment Officer of the Retirement System a Partner of the partnership , that executed the within and foregoing instrument, and acknowledged to me that he was authorized to sign the California Public Employees same on behalf of Retirement System as its free and voluntary cact and deed for the uses and purposes therein mentioned. ri ,/cr X unuununaunuWnlumurnannneuluintulxnnnunnniiill nI NOTAR PUBLIC in And dor the State �.�. DEBORAH l.. STOKES of California , residi. • at NOTARY PUBLIC— CAUFOgMA - a r r a m an t n � qf SACRAMENTO COUNTY My Commission Expires Aug. 27, 1986= My commission expires R/77016 /77 RH • nlulUNulnIIuUIuunlnnillnupllnuuiuuuulluuullllnluIwu STATE OF .8,3+4-f-ei94a4/10/114640.) COUNTY OF C) ) ss . On this % JJ' day of at p , , 19 85 , personally appeared before me t;/; ) j ,1 , I f' to me known to be the California State Teachers OHAXJA j of the Retirement System a Partner of the partnership, that executed the within and foregoing instrument, and acknowledged to me that he was authorized to sign the California State Teachers same on behalf of Retirement System as its free and voluntary act and deed for the uses and purposes therein mentioned, NOTAR P LIC in- an. or t p7State of -Wife , residing at Y2 (__ My commission expires _1/19 STATE OF WASHINGTON ) ) ss. COUNTY OF KING ZC) day this of ,i,(„// 19 personally appeared before me BRUCE E. HOSFORD, to me ' nown to be the Managing Partner of the partnership which executed the within and foregoing instrument, and acknow- ledged to me that he was authorized to sign the same on behalf of the partnership as its free and voluntary act and deed for the uses and purposes therein mentioned. //d-( 1telr/_.\ /477” NOTARY PUBLIC in . d for the State of Washington, residing at Redmond Submitxo County Treltsurer ofr of • TAX / This form is your,receipt when stamped county in which'p opgrty is�toc9ted. REAL ESTATE by cashier. Pay'by ash or certified CHAPTER 82.45 RCW check to County Treasure'''. PLEASE TYPE OR PRINT CHAPTER 458-61 WAC THIS AFFIDAVIT WILL NOT BE ACCEPTED UNLESS ITEMS 0 THROUGH 0 ARE FULLY COMPLETED 00 Name r' Name . cc WF _ - WF yR mR w Street 0 Street • • . • • • City State Zip City State Zip 0 ALL TAX PARCEL NUMBERS NEW OWNER'S Name PERMANENT ADDRESS FOR ALL PROPERTY Street ' TAX RELATED CORRESPONDENCE City/State °, 1 • Zip ' 4 LEGAL DESCRIPTION OF PROPERTY SITUATED IN UNINCORPORATED COUNTY 0 OR IN CITY OF 0 0 Description of personal property if included in sale(furniture,ap- Is this property currently: YES NO Classified or designated as forest land? ❑ ❑ pliances,etc.) Chapter 84.33 RCW Classified as current use land(open space, farm and agricultural,or timber)? 0 0 If exemption claimed,explain ' Chapter 84.34 RCW Exempt from property tax under Chapter ❑ ❑ 84.36 RCW?(nonprofit organizations) Type Property: Type of Document p ❑ land only 0 land with new building. Date of Sale 0 land with previously used building Gross Sale Price 1/ $ - SEE TAX OBLIGATIONS ON REVERSE SIDE Personal Property(deduct)2/ $ Taxable Sale Price $ 0 Excise Tax State 3/ $ NOTICE OF CONTINUANCE 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 AFFIDAVIT land transferred qualifies to continue classification or designation, the county ' assessor must be consulted.All new owners must sign. I,the undersigned,being first sworn,on oath state that the foregoing in- formation to the best of my knowledge is al,true and correct statement of the facts pertaining to the transfer of the above described real - estate.Any person willfully giving false information in this affidavit s,all Signature(s) be subject to the PERJURY LAWS of the State of Washington, SEE 6/ON REVERSE FOR PENALTIES. t� Signature '< (Specify:Grantor/Grantee/Agent for Grantor/Grantee) Subscribed and sworn to me this .qday of , 19 ,Notary Public This land ❑ does ❑ does not qualify for continuance. in and for the State of DeputyDate residing at Assessor 9 The following optional questions are requested by RCW 82.45.120 YES NO e. Does conveyance involve a trade,partial Is property at the time of sale: YES NO interest corporate affiliates,related parties, 1❑ 2 0 trust,receivership or an estate? a. Subject to elderly,disability,or physical improvement0 exemption? 1❑ 2 f. Is the grantee acting as a nominee for a third 1❑ 2❑ party? b. Does building, if any, have a heat pump or solar 1❑ 2 0 heating or cooling system? g. Principal use: c. Does this conveyance divide a current parcel of land? 1❑ 2 0 1 0 agricultural 2 0 condominium 3 0 recreational d. Does sale include current crop or merchantable 1❑ 2 0 4 ❑ apt(4+ units) 5 ❑ industrial 6 ❑ residential timber? 7 0 commercial 8 0 mobile home 9 0 timber FOR TREASURER'S USE ONLY FORM REV 64 0030 (9/82) -486- TAX PAYER ^ . . . ^ , . . � �~� . - ��~ 1/ GROSS SALE PRICE "Selling Price^ mhaU mean uonoideration, 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 pnoperty, and shall include the amount of any lien, mortgage, contract indwbtodneon, or other iocumbnancm, 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 1exab|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 82.4S.15O. 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 19h 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 RCW). 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 dnUana, or by both such imprisonment and fine (RCW 0A.20.020 (1C)). TAX OBLIGATION FOR FOREST LAND CLASSIFICATION OR DESIGNATION CURRENT USE (OPEN SPACE) CLASSIFICATION OR PROPERTY EXEMPT FROM TAXATION 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 evert 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 danoi[icuUon, 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- year period or failure to comply to two-year notice of withdrawal shall be liable to pay the additional tax as mn'yeurpenodorfui|uretocump|ytobwu'yearnoUneofxvithdnywa| ahaUbe |imb|etopaythmuddhiona| toxaa in 1. above plus a penalty of 209/0 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 84'36'810 and 84.36.262) Sale of exempt property may cause taxes and interest to be assessed for up to last ten yearo, depending on type and life of exemption.