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HomeMy WebLinkAboutRES 2224 , _ . ,. t ... Y 4. CITY OF RENTON , .WASHINGTON RESOLUTION NO. 2224 WHEREAS the City of Renton , a municipal corporation , acting as a noncharter code city under the laws and statutes of the State of Washington has been negotiating for the acquisition of certain properties as herein more particularly described for the purpose of establishing and maintaining wetland areas and trail systems within the City of Renton, and WHEREAS proper funds therefore have been provided and appropriated, and .WHEREAS the City has heretofore caused- an appraisal of said property to be made by a qualified appraiser , and WHEREAS a review appraiser has prepared a .written • report reviewing and modifying the original appraisal establishing the fair. market value in the sum of .$ 5 ,253 .00 and WHEREAS the owner of said property shall be provided with all of the pertinent information regarding said acqusition and the determination of the fair market value thereof , NOW THEREFORE • THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS : • SECTION I : The above recitals and findings are • hereby found to be true and correct in all respects . SECTION II : It is hereby determined and established tthetha ` e fair marker value of the 1 rip described - (- as folk ����_-z; property per its appraisal and review appraisal is the sum of $5 , 253 . 00 and said parcel of property is more particularly described on the attached Exhibit "A" , which is incorporated by reference herein as if fully set forth. SECTION III : The Mayor and City Clerk are hereby authorized and directed to take all necessary steps including the execution of all proper documents to secure the acquisition of said parcel of real estate for the establishing and maintaining wetland areas and trail systems within the City of Renton. The Mayor, or his duly-authorized representative , shall further take all necessary action to secure any additional funding, over and above the amount presently appropriated in City of Renton 19.78 Budget Account Nos . 000/000/07 . 538 . 36. 61 . 00, 000/000/07 . 538 : 37 . 61 . 00., . 000/000/07 . 538 . 42 . 61 . 00 and 000/000/07 . 538 . 42 . 61 . 04 as provided by- law. ylaw. Any such. conveyance by the owner of said land shall be by statutory warranty deed , free and clear of all encumbrances except those of record as set forth in Transamerica Title Insurance Company' s Report No : 427308 dated April 13 , 1978 , further 'reference being made thereto and same being incorporated by reference • as if fully set forth.' PASSED BY THE CITY COUNCIL this 27th 'day of November 1978 . 7iaxine 'Moto{r, eputy Citi ierk APPROVED BY THE MAYOR this27th ' day of .November 1978 . ..„„„amia. Charles Defaurenti., Mayor Approved as to form: 171 ?4A-4-e"%-- . . Lawrence J. Warren , City Attorney • i DESCRIPTION : THE NORTHEASTERLY 175 FEET OF THE FOLLOWING DESCRIBED PARCEL : THAT PORTION OF GOV' T. LOTS 3 AND 5 IN SECTION 16, TOWNSHIP 23 N, RANGE 5 E, W.M. , LYING SLY OF THE PACIFIC NORTHERN RAILROAD COMPANY RIGHT-OF-WAY, FORMERLY COLUMBIAN PUGET SOUND RAILROAD COMPANY, EXCEPT THAT PORTION THEREOF LYING WITHIN THE OPERATING PROPERTIES OR EASEMENTS OWNED BY THE PUGET SOUND POWER & LIGHT COMPANY, BONNEVILLE POWER ADMINISTRATION OR SEATTLE CITY LIGHT, AS AREAS SHOWN CROSS- HATCHED ON AREA MAPS 1 THRU 10 INCLUSIVE, CARRIED AS EXHIBIT "A" UNDER RECORDING NO. 5626312, RECORDS OF KING COUNTY . SAID 175 FOOT STRIP LIES ADJACENT TO AND PARALLEL WITH THE SOUTHERLY BANK OF THE CEDAR RIVER.