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HomeMy WebLinkAboutORD 2235 � - , - - .-. .. - ._ �, r. , �` ����a.�� � � . , . ORDINANCE N0. .�.�,�U AN ORDINANCE OF T'HE CITY OF RENIUN, GIASHIATGIUN PROVIDING �OB TEiE ACQUISITION AND PURCHASE OF CERTAIN WATERFRONT PROPERTY IN EXCHANGE FC3R OTHER PROPERTY, AND CASH PAY^�lENTS FOR Tfi£ DEVEIAPMENT AND IMPROVE�IENT OF LAKE �JASHINGIUN BEACH PARK SITE; DETERMI�TING SUCH EXCHANGE AND AC�tTISITION �O BE BEAIEFICIAL AND USEFUL; AUTHORIZING THE MAYOR AND CFTY CL�RK ZC3 MAKE, EXECUTE AND 17ELIVER PROPER CONVEYANCES 11� EFFECT SUCH EXCBANGE AAdD ACQi1ISFTION. !, . BE IT OfRDAT,NED BY 'TIiE MAYOR AIdD THE CITY COUNCIL OF THE CITY QF REN70N, AS FOLLOEdS: , SECT'ION I: The Ci�y Council of the CITY OF RENTC)N hereby makes the �ollowing findings �nd determinations after careful and delib�rate consideration, pnblic hearings and investigati.on by approprie�ta cflmmittees and boards, tfl-wit: a) xhe CITY OF $SNITON acquired from the Pacific Coast R.R. Company approxi- mately 22.33 acres of uai.mproved property at the south end of Lake Wash-. . ington in 1�55 in exchange for approximately 1� acres of non-lakefront . prop�rty� s.ame being a portion a€ the �ormer Mother's Park property which ' exchange was .duly apgroved by aIl interested parties including consent theireto by the heirs� suceessors and assigns of one Lee Monahan. Cocuplete Reiease apd Reliaquish�nent to said i�qother's Park property �y said heirs is vf record' with the King County Aud itor's oFf ice. True copies.. of sa id Release and Conveyances, with policies of title insurance, ar� on fila in Cause No. 655133 in Superior C�uat in and for the County _af King, reference being had thereto. ' b1 That since the acquisition of said waterfrotet properties in 1955 numerous ' sttempts tt�ve beea made to provide €or sufficient financing for the deve2opment flf that site to be thereafter dedicated to the public for its 1�se and enjoyment; that a proposed General Obligation Bond Issue for the purpose of improving said beach site was defeated by the electors of the CITY OF REN'IC)N in September of 1964; that except for some clearing, seeding and installation of draiaage facili�ies no permanent impr�vements have - beea made and said €acilities have never beea flpened for use by the �enera3 public; in order to make such properties available to the general public and in addition to the necessary improvements for said facilities, a proger access roadway across two sets of railroad tracks wi11 have to be cflnstructed aad established� together with adequate warnin�g signals and �i appurtenances thereto. � � � c) That the CITY OF REN101V'S Comprehensive Plan, together with its imple= tnenting plans and reports encourages and recommends the acquisitia� of additional waterfront properties especially to the northeagt of the �. existing beach site� and recommends the development of said facilities for public usage; that within the present beach site there is located a . c,ertain drainage ditch carrying run-off waters which should be culverted ahd £ully covered which would result in the rec2amation of a n additional 1;22 �acres of usable property within said site. : d) That some time �uring the latter part of i965 the City Council , acting by and through itm Property Committee, entered iato negotiatiotts with The Boeing Company for tt►e exchange �f certain properties. After lengthy negotiations it was duly recommended by the Property Committee that the CITY OF RENZnN convey unto The Boeing Company flr its nominee approximately 3.5 acres oF non-waterfront property as more particularly described on Exhibit "A" attacE►ed hereto and incarporated herein as if fully �set forth. That parcel of property abuts, to the west certain properties owned by Puget Sound Power and Light Compatsy, and �:Y�_` �ai.� �pro�erties are pr,e�sently � _Z_ I , � ,� � r . � unimproved. The Committee fur�her recommended that the CI'i'Y in exchange should receive £rom or through fihe Boeing Company conveyances by ��arranty Deed of approximate2y 1.8 acres of water£ront property aaJoining the present beach site on the northeast containing approximateiy 300 feet of waterfront, as described in Exhibit "B" hereto, that in addition thereto the CITY should receive in cash the sum of �92,500.00 from The Boeing Compat�y for the im- prflvement of said total beach site, canstruction of facilities, aad necess- ar,y culverting of aa open drainage ditch hereinabove referred to; and as further consideration in the exchange the CITY should receive free of charge an easement from Puget 5ound Fower & Light Compaay to complete a roadway access for pedestrian and vehicular traffic across existing rail- road tracks to the beach site, as more particularly descrx,�d on Exhibit "C" attached hereto and incorporated herein by reference. e) The City Council psrticularly €inds that such proposed exchange wi21 result in a net loss of approximately 0.5 acre out of a total area of 22.33 acres (to-wit: acquisition flf 1.8 acres of waterfront property and the reclamation of app. i.22 acres of presently unusable drainage ditch pro- perty); offset by gain of cash funds required and necessary Lo accelerate the improvement o€ said beach park premises and the opening of same for use and enjoyment by the general public. The CITY during such negotiations secured the services of competent appraisers to evaluate each of the properties hereinabove referred to, whose appraisals have established that under the terms o£ abovedescribed exchange proposal the CITY will receive " in excess of $44�500.00 over and above the difference in appraised values of said two parcels of land. f) It is further specifical2y found and determined that auctt proposed exchange is nflt in violation of any plan incl.uding the CITY`S Comprehen- sive Plan far the development of community facilities but is simply a means of implem�nting same, inciuding the acquisition of ad@itional waterfront property in exchange for non-waterfront property, together with cash sufficient to provide the necessary imprvvements; that such exchange of properties wil2 result in 2ess than 5% diminution of total area available for beach park use� in lieu of which additional waterfront-. a e will be acquired. SECTION II: The f oregoing findings and deteim inations are hereby found to be . true and correct in a21 respects. It is found in particular that the Iand-parcel des- cribed in sub-paragraph (d) hereinabove (aad in Exhibit "A" her�to? is no longer aseful, advantageous or beneficial for such beach park use and development, and that an exchange thereof for adjoining property containing waterfrontage is more useful, advantageous and beneficial and is in the pu blic interest and for the public benefit. It is €urther found and determined that the sum of $92,SQ0.00 in cash receivable in such property exchange should be used and applied solely for the development, i.mprovement, and better- ment of the total beach park facilities including the additional waterfrontage and such funds shall not be used for other purposes. SECTION III: The �;ayor and the City Clerk are hereby authorized and directed to execute end deliver the necessary instruments of conveyance to consummate such exchange, including a Quit Claim Deed 'zn favor of The Boeing Compaay or its assignee, of the area described in Exhibit "A" attached hereto and by refe�'ence incorporated herein, also to accept conveyance to the CIZ`Y by owner's proper G7arranty Deed flf the property described in Exhibit "B" attached hereto and by reference zncorporated here�.n; ' _2_ i ._ , ,_ j , , also to receive payment of and remit to the City Treasurer, the cash stun of $92,500,00 mentioned in foregoing Section II; also to accept a proper Easement from Puget Saund Power and Light Company in favor of the CITY OF RENTON providing a permanen t street righ°t-of-way 2,$!�2 square feet at a suitable location over Northern Pacific Railway right-of-way and tracks for access, ingress and egress, to and fram the subject beach park area. SECTION III: The Mayor and the City Clerk are further authorized to make and receive delivery of executed instruments and monies hereunder through Pioneer NationaZ Title Insurance Company or Transamerica Title Insurance Company as Escrowee. SECTION IV: �is Ordinance sha11 be in full force and effect from and after its passage, approval an d legal publication. PASSED BY THE CITX COUNCIL this 9th day of Ma.y, 1966. �9��� � ' t�c.e.J Helmie Nelson, City Clerk . APPROVED BY THE MA YOR th i.s 9 th day o f May, 1966. - , ��e.Gu�GC.����%• C%GGS� Donal d W. Custer, Mayor ' - APPROVED A S TO FORM: Gerard P�. Shellan, City Attorney Date of Publicati on: May 11, 1966 M+4M .CAr70 OVA 1,\ o `0 m ct W W W W Gr Nt z Z v J ,.,dC �, W —+ it O N 7, r P 1ct g W u u t W z d O o j v o O — W o CL CL Q `^ �om Z o Q Z D > >° uj V �C Q vs 4 _4A o `0 m ct W W W W Gr Nt z Z v J ,.,dC �, W —+ it O N 7, r P 1ct g W u u t 0 C7 14 0 o,_� o bfj 0 Z i z U .. � a. f w. C . 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