Title
AN ORDINANCE authorizing the conveyance of the surplus property located at 19101 North East Union Hill Road, Redmond, Washington, in council district three.
Body
STATEMENT OF FACTS:
1. The department of transportation declared approximately 1.43 acres of the property located at 19101 North East Union Hill Road, Redmond, Washington, located within council district three, surplus to its needs on October 22, 2014.
2. The facilities management division offered the property to other county agencies on October 27, 2014, and received no interest.
3. The facilities management division declared the property surplus to the current and future foreseeable needs of the county on November 13, 2014.
4. The facilities management division previously found the property was not suitable for affordable housing development.
5. King County received an offer from the city of Redmond and accepted a purchase price of one million thirteen thousand dollars on October 17, 2013.
6. King County is selling the property to the city of Redmond pursuant to the authority granted in the Intergovernmental Disposition of Property Act, chapter 39.33 RCW, and K.C.C. 4.56.140.
7. During its review, council staff discovered a inadvertant but substantive typographical error. On page 10 of the purchase and sale agreement, which is Attachment A to this ordinance, in the second line of Section 8.3, the word "Buyer" is incorrect and should be replaced with the word "Seller" so that the corrected sentence reads: "Seller shall have cured any exceptions to title to which Buyer has objected within the Review Period in Section 4.3 and to which Seller has agreed to remove or resolve under Section 4.3." The city of Redmond agrees with this change."
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Conditioned upon the executive making the correction to the purchase and sale agreement as described in Statement of Fact 7, the executive is authorized to convey the 1.43 acres of pro...
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