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HomeMy WebLinkAboutC_ATTORNEY EMAIL_220317_V2From: Dieter Struzyna <dstruzyna@advocateslg.com> Sent: Thursday, March 17, 2022 1:03 PM To: J.R. Meier Cc: Lynne Prevette; Nancy Paulson Subject: St. Paul LLC Lot Line Adjustment, LUA22-000025 Hi J.R. You have asked me to prepare an explanation of the various real property transfers that the City of Renton is reviewing in connection with the St. Paul LLC Lot Line Adjustment, LUA22-000025. 1. This lot line adjustment eliminates two existing encroachments along the boundary line between two contiguous properties - 715 Lind Ave. SW (the “715 Property”) and 865 Lind Ave. SW (the “865 Property”). The 715 Property is located immediately north of the 865 Property. One of the encroachments being eliminated is a 20’ x 96’ strip of land that has long been used as a portion of the parking lot for the 865 Property but is located within the boundaries of the 715 Property (the “Parking Lot Encroachment”). This project eliminates the Parking Lot Encroachment by removing the area covered by that encroachment from the 715 Property and adding it to the 865 Property. The other encroachment being eliminated is the southern wall of the building located on 715 Property, which encroaches on the 865 Property by a few inches. This project eliminates that encroachment by moving the boundary line just south of the encroaching wall. 2. The 715 Property is owned by The Thornberg Association, LLC. 3. The 865 Property was formerly owned by two entities – Ariel 1, LLC and St. Germain Investments, LP. For ease of reference those two entities did business under the name “St. Paul, LLC”, because the family that owns St. Germain Investments is named “St. Germain” and the family that owns Ariel 1, LLC is named “Paulson.” However, the name “St. Paul” was simply a d/b/a; the record title holders of the 865 Property were Ariel 1, LLC and St. Germain Investments, LP. 4. In 2021 Ariel 1, LLC and St. Germain Investments, LP sold the 865 Property to LIFT II LIND 865 LLC. Thus the current owner of the 856 Property is LIFT II LIND 865 LLC. 5. When Ariel 1, LLC and St. Germain Investments, LP were preparing to sell the 865 Property, they obtained a title report regarding the 865 Property which disclosed (i) the encroachments described in paragraph 1 above, and (ii) a number of other title problems regarding both the 715 Property and the 865 Property that were created years ago by the forbearers of the St. Germain and Paulson families with respect to the 865 Property and by the forbearers of the Thornberg family with respect to the 715 Property (the “Legacy Title Issues”). The parties agreed to eliminate the Parking Lot Encroachment by having Ariel 1, LLC and St. Germain Investments, LP purchase the land underlying the Parking Lot Encroachment and then move that land from the 715 Property to the 865 Property via this BLA. They also agreed to eliminate the Legacy Title Issues by having Ariel 1, LLC and St. Germain Investments, LP give The Thornberg Association, LLC a quit claim deed to the 715 Property and having The Thornberg Association simultaneously give Ariel 1, LLC and St. Germain Investments, LP a quit claim deed to the 865 Property. All of those transaction occurred before the sale of the 865 Property to LIFT II LIND 865 LLC, and they (i) successfully eliminated the Legacy Title Issues and (ii) gave Ariel 1, LLC and St. Germain Investments, LP title to the land underlying the Parking Lot Encroachment. 6. When Ariel 1, LLC and St. Germain Investments, LP sold the 865 Property to LIFT II LIND 865 LLC, the sellers agreed to include in that sale the land underlying the Parking Lot Encroachment and to complete this BLA post-closing so that the 865 Property would include the land underlying the Parking Lot Encroachment. Once this BLA is completed all the above-described real property transfers will have been completed. As a result, LIFT II LIND 865 LLC will own the 865 Property including the land underlying the Parking Lot Encroachment (which will no longer be an encroachment), and the building wall encroachment described in paragraph 1 above will also have been eliminated. I hope the foregoing is helpful. Please let me know if you have any questions or if I can help in any other way. Best regards, Dieter Dieter G. Struzyna 10700 Northup Way Suite 201 Bellevue, WA 98004 Direct: (425) 827-4794 Fax: (425) 827-9785 Cell: (206) 550-1409 dstruzyna@advocateslg.com www.advocateslg.com The information contained in this e-mail message may be privileged, confidential and protected from disclosure. If you are not the intended recipient, any use, distribution or copying of this e-mail message or any attachment to it is strictly prohibited. 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