HomeMy WebLinkAbout02-052RESOLUTION NO. 02-052
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND,
WASHINGTON AUTHORIZING THE CITY MANAGER TO ENTER
INTO A REAL ESTATE SALE AND PURCHASE AGREEMENT WITH
THE NOMURA FAMILY FOR PURCHASE OF PROPERTY
ALONG SAN JUAN AVENUE FOR RIGHT-OF-WAY IMPROVEMENTS
WHEREAS, the City Council of the City of Port Townsend determines it
appropriate to acquire a 25 foot strip of land running along San Juan Avenue south of
Discovery Road to allow for widening and improving San Juan Avenue, including
allowing provision for a new trail along San Juan Avenue; and
WHEREAS, the proposed price of $33,750 is approximately mid-point between
the value indicated by owner's appraisal by Ralph Ericksen dated January 9, 2001, stating
a property value of $1.60 per square foot, or $37,250, and the valuation indicated by the
County Assessor of $30,000 for the strip; and
WHEREAS, there would be costs to the City to acquire the property if
negotiations are not concluded, including cost of City appraisal,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Port Townsend as follows:
That the City Manager is authorized to enter into a Real Estate Sale and Purchase
Agreement with the Nomura Family to purchase approximately 25 foot by 931 foot
section of property along San Juan Avenue for the amount of $33,750, and to complete
the real estate transaction.
Attest:
City Clerk
ADOPTED by the City Council of the City of Port Townsend at a regular
meeting thereof, held this 18th day of November, 2002.
Kees Kolff, Mayor~~
Approved as to form:
John P. Watts
City Attorney
Page 1 Resolution 02-052