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HomeMy WebLinkAboutRES 2225 . CITY OF RENTON , WASHINGTON RESOLUTION NO. 2225 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 $ 14,746 . 00and 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 that the fair market value of the following described property as per its appraisal and review appraisal is the sum of $14, 746 . 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 s n A ' 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. 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. 427316 dated April 18 , 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 . Maxine Motor, Deputy City-Clerk APPROVED BY THE' MAYOR this 27th day of November 1978 . ..- . . ` , , Charles j Delaurenti., Mayor Approved as to form: c \. c.V `-� G-+- vis . Lawrence. J, Warren, City Attorney 4 • DESCRIPTION : THAT PORTION OF GOV' T . LOT 3 IN THE SW 1/4 OF THE SECTION 16, TOWNSHIP 23 N, RANGE 5 E, W.M. , LYING NLY OF THE PACIFIC COAST RAILROAD RIGHT-OF-WAY, AND SOUTHERLY OF CEDAR RIVER, WITHIN A 200 FT. STRIP BEING 100 FT. WIDE ON EACH SIDE OF LINE RUNNING N 07°20 ' 30" W FROM A POINT ON THE SOUTH LINE OF SAID GOV' T. LOT, 556 . 57 FT. EAST FROM THE SOUTHWEST CORNER THEREOF. AUDITOR' S DEED, VOLUME 1421, PAGE 270 . SITUATE IN THE COUNTY OF KING, STATE OF WASHINGTON.