Loading...
HomeMy WebLinkAboutEM1998-0330 - Original - King County Fire Protection District No. 37 - Agreement for Transfer of Assets - Meridian Valley Annexation - 11/16/1998 NG Co KING COUNTY FIRE PROTECTION DISTRICT NO.37 _ 24611 116th Avenue S.E ST 31 Kent, Washington 98031 Phone- 859-3322 COMMISSIONERS: FIRE CHIEF: E L Purdy Norman G Angelo Tom Sawyer Pat Riordan AGREEMENT FOR TRANSFER OF ASSETS This Agreement is entered into between KING COUNTY FIRE PROTECTION DISTRICT NO. 37, a municipal corporation, referred to as "District", and THE CITY OF KENT, a municipal corporation, referred to as "City". The District and the City have previously entered into an Agreement under which the City provides Fire Department Services to the District The Agreement also addresses possible annexations of District areas by the City. The purpose of this agreement is to provide for the transfer of a portion of the assets of the District to the City resulting from the completed annexations of a District area (known as the "Meridian Valley" Annexation) by the City. To carry out the purposes of this agreement and in consideration of the benefits to be received by each party, it is agreed as follows 1. Asset Transfer Valuation. The parties agree that the asset transfer requirements of RCW 35.A 14.400 resulting from the "Meridian Valley" annexation by the City shall be implemented. The percentage of District No 37 assets to be transferred shall be 13 1673% (1997 AV of District No 37 = $2,288,449,474 1997 AV of area removed from District No 37 by annexation = $301,326,000. AV of annexed area - total AV of District = $13 1673%) The parties agree that the fair market value of the assets (as of July 1, 1997) owned by District No 37 and to be transferred to the City equals $483,577 63 The value of the assets required to be transferred is $309,067 56 (which represents $483,577.63 less credit of$174,510.07 from the "Meridian" Annexation). 1 FIRE PREVENTION DOESN'T COST—IT PAYS 2. Assets to be Transferred. The parties agree that the assets to be transferred are the following: 2.1 Vehicles: 1995 Chevrolet Caprice (Apparatus #7601 - VIN #1G1BL52P3SR124343 ) 1993 Chevrolet Suburban (Apparatus #700 - VIN #1GCGK26N8PJ371578) 1989 Pierce Engme/Aid (Apparatus #732 - VIN #1P9CT02J8KA040810) 1980 Pierce Flat Bed (Apparatus #748 - VIN #1GDHC34W4BJ501010) 1995 GMC Mini Van (Apparatus #7621 - VIN #1GTDM19W2SB543120) 1991 Water Rescue Boat w/EZ Load Trailer (Apparatus #754 - VIN #1ZE1BGW11MA013568) 2.2 Miscellaneous Equipment Hose Other Equipment 3 - Portable Live Burn Simulators for Fire Extinguishers 3 - Lap Top Computers 1 - Presentation Projector 2.3 Funds in the amount of$ 2,195.79 3. Apparatus Replacement. The parties agree that the transfer of the vehicles will include a commitment by the City to maintain the quality of apparatus and the replacement based upon the replacement schedule adopted by the City and District at the time of this transfer. 4. Inspection. The City acknowledges that it has been maintaining the vehicles and has had the opportunity to inspect the vehicles and accepts the vehicles in their present condition. 5. State and Federal Standards. The City acknowledges that it has been advised by the District that the vehicles may not meet the current standards established by State and Federal regulations 6. Warranty Disclaimer. Since the District, it is not the manufacturer of the vehicles nor an agent of the manufacturer, and City has maintained the vehicles over their entire life, the District makes no warranty or representation, express or implied, regarding the fitness, quality, design, condition, capacity, suitability, or performance of the vehicles or of the materials or workmanship of the vehicles and is not responsible for any repairs, service or defects in the vehicles or the operation of the vehicles. It is 2 0 • agreed that all such risks are to be born by the City at its sole risk and expense, since the City has accepted the vehicles based on its own judgement. The City, therefore shall not make any claim against the District for any deficiency of the vehicles nor for any consequential damages resulting from the use of the vehicles. 7. Time of Transfer. The transfer of the personal properties listed above shall be made on execution of this Agreement. Dated- KING COUNTY FIRE PROTECTION CITY OF KE DISTRICT-N&. 37 By: By r, Ci ent �/�� -%� Chair, Board of mmissioner By By: , City Clerk, V Kent Secretary = - t Approved as to form: B4;:ity Attorney 3