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HomeMy WebLinkAboutD 8704091071 • ' fig TICOR TITLE Frame STAMPS INSURANCETHIS SPACE RESERVED EOR RECORDER'S USE. Filed for Record at Request of AFTER RECORDING MAIL TOi 87/04 '09 #1071 E REC t F 5.00 'F4c. SL **** .On Cts i:ibic� ¢+. 7t fir i Bala +' KING COUNTY � �:m;� 'T R ORO r halal L * �f NO EXCISE TAX UF, P-F CITY rink r4 P n 9 1987 Rr diUt MUNICIPAL BLDG. ?EJB L..i.L AVE.SG. E0934885 Wait WA 055 Vai FORM L 56 R CD N Quit Claim Deed r4 01 THE GAANT(7R FIRST CITY EQUITIES, a Washington General Partnership CD CD for and in consideration of One Dollar and No/100ths ($1.00) N convey and quit claim to City of Renton, Washington, a Municipal Corporation the following described reel estate, situated in the County of King State of Washington including any interest therein which grantor may hereafter acquire: POWELL CUL-DE-SAC, FIRST CITY EQUITIES PORTION: That portion of Tract B and Lot 5, Washington Technical Center as recorded in Volume 122 of Plats, Pages 98 through 102, Records of King County, Washington, as modified and known as Lot 1 of City of Renton Lot Line Adjustment No. LLA 012-85, filed under Recorder's No. 8510189002. Records of said County, lying within 55.00 feet of a radius point located on the centerline of Powell Avenue Southwest, 57.00 feet South of the North Line of said Washington Technical Center. • R,...... t:. r -4r �° FIRST CITY E 1JITIES a �' C— By /..->. - Davi chuman, a partner or: _ By First Ci y Developments Corp. , a partner v --� .;- By i lits La = >-c_' Its 'H VICE P - s; !-7‘2,%7 .€ _Lona:. Its .-, _ : ._. Vice-Presic,ei ti Dated this day of (SEAL) (SEAL) STATE OF WASHINGTON, Lt . County of On this day personally appears before me (t (Y`,SCIAl Mitint StN�LL > 1ec 1 '\ tooe kn to be the indiv�uall6rdescrlbed in and who executed the within and fore oing instru nt and 1- acknowledged that `y�� U signed the same as L� free a and voluntary and ey,"deed, f uses and purposes therein mentioned. _/,' �/ ,, s �4 , ��GJ`-- v GIVEN under my hand and official seal this �i� dayof • Notary Puhtcc in and OA the State o6 Wgehington, neetdtna at 4 Submi County Treasurer of the • This form is your receipt wffen stamped un coty,t hiiry property is located. REAL ESTATE EXCISE TAX by cashier. Pay by cash or certified * CHAPTER 82.45 RCW check to County Treasurer. PLEASE TYPE OR PRINT CHAPTER 458-61 WAC THIS AFFIDAVIT WILL NOT BE ACCEPTED UNLESS ITEMS 0 THROUGH 0 ARE FULLY COMPLETED O Name t't ' _ .. 2 Name 1 i M W p0 W I— - : ! 1, <. . . . 1 _, . , .AZ Q >-Q I1J CC CO(SC ' 1:13C.1 - . i S -1,,.r+t,ic° . 't_I..rt Street Street City State ' " Zip 98104 City State Zip O ;, ALL TAX PARCEL NUMBERS NEW OWNER'S Name PERMANENT ADDRESS i FOR ALL PROPERTY Street TAX RELATED f, `, ,›Of M CORRESPONDENCE City/State Zip 0 LEGAL DESCRIPTION OF PROPERTY SITUATED IN UNINCORPORATED COUNTY ❑ OR IN CITY OF rc"I' '''"' to a > O 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 ❑ If exemption(c.)aimec„explain Exempt from property tax under nonprofit ❑ :a:: 1 i' ,,,. s :.. organizations Chapter 84.36 RCW? El Receiving special valuation as historic ❑ i property under Chapter 84.26 RCW? L9 Type of Document ` '' `'" "_' `' Type Property: ❑ land only ❑ land with new building. L - .- 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 $ O 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 /' `�.fe. V'6,"�fY`r �h. (3) NOTICE OF COMPLIANCE(Chapter 84.26 RCW) NAME (print) -' ' ' "!J�- If the new owner(s) of property with special valuation as historic property DATE & PLACE OF SIGNING: / j�jr Renton, WA wish(s)to continue this special valuation the new owner(s) must sign below. If 3 ��1 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):R Vs/grantee kgR3MokxxxRedekVegtxxX5m 3( 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. 2509 • 0 The following optional questions are requested by RCW 82.45.120 Is property at tree time of sale: YES NO YES NO e. Does conveyance involve a trade,partial a. Subject to elderly,disability,or physical improvement rt I 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 0 party? heating or cooling system? r�� g. Principal use: c. Does this conveyance divide a current parcel of land? 1 L"J 2❑ 1 ❑ agricultural 2 ❑ condominium 3 ❑ recreational d. Does sale include current crop or merchantable 1❑ 2 En 4 ❑ apt(4+ units) 5 ❑ industrial 6 ❑ residential timber? ,' 0commercial:,., 8 .mgbjle home 9 ❑ timber ,e. t i. .,t: ./s FOR TREASURER'S USE ONLY FORM REV 64 0030 (5/86) -1155- TAXPAYER ��^ ' ,�w� � ' . . Ask �� - ° 1/ GROSS SALE PRICE "Selling Phoe^ shall mean uonoideration, including money or anything of wu|um, 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 innumbnynce, 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 taxmb|m, 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 82.48 RCW). 5/ DELINQUENT PENALTY If the tax due is not paid within 30 days from the time of sate, interest of 196 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 dollars, 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 land and an amount equal to the new assessed valuation of such land multiplied by the miUage 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 7609 RCW. CURRENT USE LIABILITY (RCW 04'34 108) Upon withdrawal n/ removal of this land tram daynihnahon, an additional tax shall be imposed in the following manner, 1 Land undorduua/ficahon tor 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. � 2withdrawn Landbeosose of a change to a nonconforming use orland withdravvn phorh7the minimumten- year penodorhai|u/etoovmp!ytoWvo'yoa/ octicoo! wdhdrawe| nhaUbo |iab|e to pay the additional tax as in 1uooveplus apenalty o/ 2O, of the additional tax arid interest. The additional tax, interest ari penalty shall be paid for the past seven years. PROPERTY EXEMPT FROM TAXATION (RCW 84.36.810 and 84.36'262) Sidle of exempt pcperty may cause taxes and interest to be assessed for up to last ten years, depending on t.,,Pe and life of exemption. SPECIAL VALUATION AS HISTORIC PROPERTY LIABILITY (Chapter 84.26 RCW) V.0-icr;over property classifed and vahJed eiitiible historic property is removed or disqualities for the valuation. an IfdUxioaatax shad become due and payable which is equal to (a) the actual costs of the substantial /mp/uvurapt m:;iphod by the rate in each yea' the property was subject to special valuation. plus (b) intQ,oiox the amount the ad/kmna! fex at the ntatdorymdv charged on delinquent property taxes from the daic% oil which the odVitmnn/ cod have becu pa'dn/ithn0 the property had not been valued as p/�perly: plus m pene|ty equal to |,/oive ot Ihc amount determined m (a) and (b). EXHIBIT "A" That portion of Tract B and Lot 5, Washington Technical Center as recorded in Volume 122 of Plats, Pages 98 through 102, Records of King County, Washington, as modififed and known as Lot 1 of City of Renton Lot Line Adjustment No. LLA 012-85, filed under Recorder 's No. 8510189002 Records of said County, lying within 55.00 feet of a radius point located on the centerline of Powell Avenue Southwest, 57.00 feet South of the North Line of said Washington Technical Center. OF I o PUBLIC WORKS DEPARTMENT t$ Q DESIGN/UTILITY ENGINEERING • 235-2631 oMUNICIPAL BUILDING 200 MILL AVE.SO. RENTON,WASH.98055 ,0 4o. 0 P 8E1'1°4' BARBARA Y. SHINPOCH MAYOR MEMORANDUM DATE: March 27, 19871eE.1 � TO: Maxine Motor, City Clerk MAR 3 0 1981f • 1. FROM: Don Monaghan, Design Engineering �P. SUBJECT: RIGHT-OF-WAY DEED - POWELL AVENUE S.W. Would you please record the attached deed and charge to the following account: 000/000/15.532.20.49.14 1E.2.24.DGM:mf Attachment