HomeMy WebLinkAboutCAG1999-0371 - Original - City of Kent Public Works - Sale of Tax Lot #3222059004 to City of Kent Parks - 06/30/1999 AGREEMENT FOR SALE OF REAL PROPERTY FROM
CITY OF KENT PUBLIC WORKS DEPARTMENT TO
CITY OF KENT PARKS AND RECREATION DEPARTMENT
AN AGREEMENT dated this 25th day of March, 1999, between the Parks and
Recreation Department of the City of Kent, hereinafter called the "Buyer", and the Public
Works Department of the City of Kent, hereinafter called the "Seller",
WHEREAS, the Seller wishes to sell and the Buyer wishes to buy certain real property
hereinafter described in the City of Kent, Washington, it is hereby agreed that the sale
shall be made under the following terms and conditions.
1. Seller shall sell to the Buyer and the Buyer shall buy from the Seller certain real
property located in the City of Kent, County of King, State of Washington, described as
follows:
The south '/z of the Northwest '/4 of the Northeast '/4 of the Northeast '/4 of 32-22-
5 in King County Washington. EXCEPT portion lying southerly of the following
described line. Beginning at the Southwest corner of the above described
property; Thence North along the West line thereof a distance of 42.15 feet to the
POINT OF BEGINNING of line herein described; Thence North 87001'00" East a
distance of 316.76 feet to a point on a curve to the left with a radius of 957.12
feet; Thence in an Northeasterly direction along said curve an arc length of
301.12 feet to a point 20.00 feet West of the center line of (Subdivision Line) of
114th Avenue Southeast being the terminus of line herein described.
2. The purchase price for the property shall be Three Hundred Thousand Dollars
and NO/100ths ($300,000.00) payable in three (3) annual installments of One Hundred
Thousand Dollars and NO/100ths ($100,000.00) per year, with the first annual payment
to be made on or before September 30, 1999 and a payment in each succeeding
calendar year, on or before September 30, thereafter until the full purchase price has
been paid in full.
3. The City of Kent Parks and Recreation Department agrees to design and
construct a cul-de-sac according to city standards on 114th Avenue SE, at such time as
the road from 114th Avenue to the 272"d Street Corridor through the proposed Erin
Glade Pat is constructed and open for traffic.
4. The City of Kent Parks and Recreation Department agrees to demolish the house
existing on tax lot#3222059004.
5. The City of Kent Public Works Department agrees to make available to Parks
and Recreation Department wetland delineation reports and any other information on
these two tax lots that could be helpful in park planning and engineering.
Public Works Department 1 of 2 03/24/99
Purchase & Sale Agreement
IN WITNESS WHEREOF the parties hereto have caused this agreement to be executed
the day and year written below. If the dates written below do not coincide, the latest
written date shall act as the effective date of this agreement.
PUBLIC WORKS DEPARTMENT PARKS AND RECREAT ON DEPARTMENT
r
b Y 1JC) ' �/i =w by John M. Hodgson
its its Director
I
DATE 3 I �� DATE L 4 0,
Jim P,
ite, M yo
Date: 4 0-c-7
Attest: orm. _
BRENDA JACOB . ity Clerk 4ER LUBOVICH, City Attorne
Public Works Department 2 of 2 03/24/99
Purchase & Sale Agreement