HomeMy WebLinkAbout96-073RESOLUTION NO. 96-~_
A RESOLUTION AUTHORIZING THE MAYOR TO SIGN AN AGREEMENT
WITH DENNIS SULLIVAN AND MARY SULLIVAN REGARDING THE
PURCHASE OF LAND IN THE CITY AND AUTHORIZING THE CITY
TREASURER TO ISSUE WARRANTS FOR THE PURCHASE OF THE LAND
IN ACCORDANCE WITH THE AGREEMENT
Whereas,
Whereas,
Whereas,
Whereas,
Whereas,
Whereas,
The City, as a designated Urban Growth Area under the
Growth Management Act (GMA), is anticipating that future
development inevitably will increase stormwater runoff
within the City's drainage basins identified by the
Wetlands and Stormwater Advisory Committee (WETSWAC),
comprised of local residents assisted by consultants
retained by the City; and
Existing natural drainage corridors conveying stormwater
have been identified within the City's drainage basins,
particularly in less developed areas; and
The conservation of natural systems for the conveyance
and treatmept of stormwater has been demonstrated
scientifically to be economically and biologically
efficient in comparisons with traditional structural
alternatives which entail higher capital investment, as
well as higher operation and maintenance expenses; and
The City has enhanced the work of WETSWAC by a more
detailed hydrology and engineering study of a large
drainage basin in the Northwestern portion of the City
that currently is relatively undeveloped, but is platted
into hundreds of lots with the potential for intensive
development over the 20 year GMA planning period; and
A relatively undeveloped natural drainage corridor has
been identified and mapped within the Montana Addition
and the Calif~nia Addition plats in the North Beach area
that presents a unique opportunity for cost-effective
stormwater detention and treatment which would be
jeopardized by the extensive residential development
allowable under existing zoning ordinances; and
Ongoing studies indicate that, under certain possible
development scenarios for this drainage basin, portions
of this corridor are within a 100-year floodplain and
therefore poorly suited for residential uses; and
Whereas,
Land that may be poorly suited for development, if
conserved in a relatively natural state, can be utilized
effectively for stormwater detention and treatment, as
well as to provide additional public benefits as open
space and wildlife habitat within an urban area in
accordance with GMA goals and policies; and
Whereas,
Block 10 and the East half of Block 9 in Montana Addition
has been identified and mapped as being adjacent to and
partially within a 100-year floodplain under possible
development scenarios; and
Whereas,
Dennis Sullivan and Mary Sullivan, the owners of said
property, are willing to sell their unimproved land to
the City for a price that does not exceed the appraised
fair market value determined by an appraisal by
Christopher Eldred, MAI, and a review appraisal by Thomas
Stowe, MAI, both certified Washington appraisers; and
Whereas,
Funds have been budgeted for this property purchase in
1996; and
Whereas,
Resolution No. 96-57, adopted by the City Council on
April 15, 1996, contained an incorrect purchase price and
did not include all of the terms and conditions of the
purchase,
N O W T H E R E F O R E
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND
that it authorizes the Mayor to sign an agreement with Dennis
Sullivan and Mary Sullivan regarding the purchase of all of Block
10 and Lots 1 through 4 in Block. 9 of the Montana Addition for the
price of $60,000, with a 20% down payment and the balance payable
by way of a promissory note to bear interest at ten percent per
annum, fully amortized over five years, secured by a deed of trust;
and
BE IT FURTHER RESOLVED that the City Treasurer is authorized to
Port Townsend City Council
Resolution 96- 7.~
issue the warrants necessary to complete the purchase of the land
in accordance with said agreement; and
BE IT FURTHER RESOLVED that the authorization contained in
Resolution No. 96-57, adopted April 15, 1996, is superseded by the
adoption of this resolution.
Adopted by the City Council of the City of Port Townsend and signed
by the Mayor this 6th day of May, 1996.
Mayor/~lie McCulloch
/
ATTEST: /
~~ Clerk
Timot~v~f M~Mah&n, City Attorney
Port Townsend City Council
Resolution 96- ~