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File #: 2023-0804    Version: 1
Type: Motion Status: Pending Fully Executed Copy
File created: 7/3/2023 In control: General Legislative Session
On agenda: 7/19/2023 Final action: 7/19/2023
Title: Motion 23-297, approving real estate purchase and sale agreement between John F. Roth III, Successor Trustee under the Patricia R. Roth Trust, u/a dated May 20, 2019, and Roth Family Investments, LLC as sellers and Snohomish County as buyer for real property
Attachments: 1. Motion 23-297, 2. Staff Report, 3. Agreement (PENDING FULLY EXECUTED COPY), 4. Motion Assignment Slip

 

 

Executive/Council Action Form (ECAF)

 

 

ITEM TITLE:

Title

Motion 23-297, approving real estate purchase and sale agreement between John F. Roth III, Successor Trustee under the Patricia R. Roth Trust, u/a dated May 20, 2019, and Roth Family Investments, LLC as sellers and Snohomish County as buyer for real property

body

DEPARTMENT:  Facilities and Fleet Management

 

ORIGINATOR:  JaNae Nelson

 

EXECUTIVE RECOMMENDATION:  Ken Klein 7/6/23

 

PURPOSE: Council approval of real estate purchase and sale agreement between John F. Roth III, Successor Trustee under the Patricia R. Roth Trust and Roth Family Investments, LLC as sellers and Snohomish County as buyer for real property located at 23014 Sofie Road, Monroe, WA 98272 identified by tax parcel numbers 270704-003-010-00, 270704-003-007-00, 270704-003-008-00, 270709-002-005-00, 270709-002-002-00, 270709-002-003-00, and 270709-002-004-00

 

BACKGROUND: This property consists of approximately 157.05 acres of agricultural land along the Lower Skykomish River. The Surface Water Management Division has plans to work with the landowners and stakeholders to permanently protect the tillable acreage for agriculture, improve flood protection, and restore the riparian areas for salmon habitat recovery.

 

FISCAL IMPLICATIONS:

EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU

CURRENT YR

2ND YR

1ST 6 YRS

415 50951336101 (land, through escrow)

$2,360,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

$2,360,000

 

 

 

 

REVENUE: FUND, AGY, ORG, REV, SOURCE

CURRENT YR

2ND YR

1ST 6 YRS

415 3095130300 (Ecology grant)

$2,360,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

$2,360,000

 

 

 

DEPARTMENT FISCAL IMPACT NOTES:  Plus closing costs to be determined later; purchase price and closing costs will be paid 100% by Ecology grant.

 

CONTRACT INFORMATION:

ORIGINAL

x

CONTRACT#

 

AMOUNT

$2,360,000

AMENDMENT

 

CONTRACT#

 

AMOUNT

 

 

Contract Period

ORIGINAL

START

 

END

 

AMENDMENT

START

 

END

 

 

OTHER DEPARTMENTAL REVIEW/COMMENTS:  Reviewed/approved by:  Risk Management (Diane Baer 7/5/23) and Finance (Nathan Kennedy 7/6/23) and Prosecuting Attorney’s Office as to form only (Rebecca Guadamud 6/29/23)