Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 22-480, approval of real estate purchase and sale agreement between Patricia Lauritzen as seller and Snohomish County as buyer; tax parcel numbers 27080500400300 and 27080500400500
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DEPARTMENT: Facilities and Fleet
ORIGINATOR: Steven Tease
EXECUTIVE RECOMMENDATION: Ken Klein (11/9/22)
PURPOSE: Council approval of a real estate purchase and sale agreement for the County’s purchase of real property located at 31912 and 31914 160th Street SE, Sultan, WA 98294 for the amount of $921,190.00. Council authorization for the Property Officer of the Department of Facilities and Fleet, Property Management Division to sign the real estate Purchase and Sale Agreement on behalf of the County and authorize the Property Officer to sign the Statutory Warranty Deed, escrow closing documents, the Deed Restriction, relocation benefits and any and all other documents necessary to effectuate the transfer of the Property to the County in accordance to the terms and conditions of the Real Estate Purchase and Sale Agreement.
BACKGROUND: Snohomish County Council approved Motion No. 21-363 on November 9, 2021 approving the 2022 Department of Public Works Surface Water Management Division Grant Work Plan. Approval of the 2022 Surface Water Management Division Grant Work Plan includes Hazard Mitigation Grant Relocations/Acquisitions of real property that experience repetitive losses due to flooding or are at risk of substantial damage along rivers in Snohomish County. Patricia Lauritzen, as her separate estate, owns real property located at 31912 and 31914 160th Street SE, Sultan, WA 98294 in the floodplain of the Skykomish River and is willing to sell her property to Snohomish County for the amount of $921,190.00. The Seller’s real property contains approximately 39.78 acres of land and improvements identified by tax parcel numbers 27080500400300 and 27080500400500. The County will be required to place deed restrictions on the Property for a conservation covenant and the Property will be restricted to open space uses in perpetuity. The sale of the property from the seller is strictly voluntary and the seller is willing to sell the property to the County in accordance to the terms and conditions of the Purchase and Sale Agreement. The Seller rents a portion of the Property to a tenant who may qualify for personal property relocation benefits. Transfer of the Property to the County will be by Statutory Warranty Deed. The Surface Water Management Division and Property Management recommend the purchase of the Property.
FISCAL IMPLICATIONS:
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EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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415 5095113 |
$921,190.00 |
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TOTAL |
$921,190.00 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
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2ND YR |
1ST 6 YRS |
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DEPARTMENT FISCAL IMPACT NOTES: Reviewed/approved by Risk Management (Sheila Barker 11/8/22) and Finance (Nathan Kennedy 11/8/22).
CONTRACT INFORMATION:
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Click or tap here to enter text.