File #: 2011-0012    Version: 1
Type: Ordinance Status: Passed
File created: 1/10/2011 In control: Budget and Fiscal Management Committee
On agenda: Final action: 2/14/2011
Enactment date: 2/28/2011 Enactment #: 17028
Title: AN ORDINANCE approving King County's sale of a surplus, unimproved residential parcel within the city of Issaquah, King County council district three.
Sponsors: Julia Patterson
Indexes: Property, Surplus Property
Attachments: 1. 17028.pdf, 2. A. Highlands Drive Lot Ordinance - Attachment 'A' Vacant Land Purchase and Sale Agreement, 3. 2011-0012 Transmittal Letter.doc, 4. 2011-0012 Fiscal Note.XLS, 5. 2011-0012 TRANSMITTAL LETTER ATTACHMENT - VICINITY VIEW - HIGHLANDS DRIVE LOT.pdf, 6. 2011-0012 TRANSMITTAL LETTER ATTACHMENT - PARCEL VIEW - HIGHLANDS DRIVE LOT.pdf, 7. 2011-0012 Notice of Public Hearing.doc, 8. 2011-0012 News Release.doc, 9. Staff Report - Attachment 6, Summary of Appraisal.doc, 10. Staff Report - Attachment 5, Surplus Property Process.doc, 11. 02-01-2011 Staff Report .doc, 12. A. Highlands Drive Lot Ordinance - Attachment 'A' Vacant Land Purchase and Sale Agreement
Drafter
Clerk 12/28/2010
title
AN ORDINANCE approving King County's sale of a surplus, unimproved residential parcel within the city of Issaquah, King County council district three.
body
      BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
      SECTION 1.  Findings:
      A.  King County roads services division ("roads") is the custodian of assessor's parcel  number 222406-9109, a surplus, undeveloped one-acre residential parcel located in the city of Issaquah on the west side of Highlands Drive northeast at 238th Avenue southeast ("the Highlands Drive Lot").  This property was part of a larger parcel purchased by roads in 2000 in conjunction with the Sammamish Plateau Access Road ("the SPAR project"), which linked Highway I-90 with the Sammamish Plateau.
      B.  After completion of the SPAR project in 2003, the facilities management division ("FMD") determined that it was in the best interests of the county to sell excess land not used for the new roadway.  Therefore, the remaining unused area of the Highlands Drive property underwent a boundary line adjustment to create a legal, buildable parcel.  As part of this process, King County installed water, electric and sewer service to the property.
      C.  Roads formally requested surplus status for the new parcel.  Pursuant to K.C.C. 4.56.070.C.1, FMD circulated surplus notices to King County agencies.  None expressed interest.  The property was reviewed for potential sale for affordable housing but was determined to be too small and therefore unsuitable for such development.  FMD declared the property surplus in March 2010.
      D.  The property was appraised in March 2010 with value estimated at one hundred eighty thousand dollars.  Pursuant to K.C.C. 4.56.100.A.4, FMD listed the property for sale through the Northwest Multiple Listing Service.  Two offers were received and an all cash bid for one hundred eighty-one thousand dollars was accepted by FMD.
      E.  Pursuant to K.C.C. 4.56.080.A, the council must approve the sale of county-owned real property in excess of ten thousand dollars.  FMD recommends council approval of this proposed sale as proceeds will go directly into the roads capital improvement fund.
      SECTION 2.  The King County council, having determined that sale of Highlands Drive lot is in the best interest of the public, does hereby approve the proposed sale as provided for in the attached purchase and sale transaction documents and authorizes the
King County executive to execute any other documents necessary to convey and deliver the property to the buyer.