Drafter
Clerk 03/04/2024
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AN ORDINANCE authorizing the vacation of a portion of S. 368th Street/10th Street, file no. V-2730; Petitioners: Brett Sherrod, Christian Denzler, and Jerald Laitila.
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STATEMENT OF FACTS:
1. A petition has been filed requesting vacation of a portion of S. 368th Street/10th Street, hereinafter described.
2. The department of local services notified utility companies serving the area and King County departments of the proposed vacation and has been advised that Puget Sound Energy and Comcast require easements over the vacation area. The vacation shall not extinguish the rights of any utility company to any existing easements for facilities or equipment within the vacation area.
3. The department of local services' records indicate that this segment of right of way is unopened and unmaintained.
4. The department of local services considers the subject portion of right of way useless as part of the county road and transportation system and believes the public would benefit by the return of this segment of right of way to the public tax rolls and recommends approval of the vacation.
5. Pursuant to K.C.C. 14.40.020 and RCW 36.87.120, the value of the vacation area is offset by the costs to King County to manage and maintain this segment of unopened right of way and the present value of future property tax. This results in a determination of: $2,758 as compensation for the vacation of 6,964 square feet of S. 368th Street/10th Street right of way to the property of Petitioner Christian Denzler, King County Assessor's Parcel Number 375060-8010; no compensation for the vacation of 4,511 square feet of S. 368th Street/10th Street right of way to the property of Petitioner Jerald Laitila, King County Assessor's Parcel Number 375060-8049; and no compensation for the vacation of 3,194 square feet of S. 368th Street/10th Street right of way to the property of Petitioner Jerald Laitila, King County Assessor's Parcel Number 375060-8052....
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