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 |
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TOTAL |
$2,360,000 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
|
415 3095130300 (Ecology grant) |
$2,360,000 |
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TOTAL |
$2,360,000 |
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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:
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ORIGINAL |
x |
CONTRACT# |
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AMOUNT |
$2,360,000 |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL |
START |
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END |
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AMENDMENT |
START |
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END |
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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)