File #: 2005-0105    Version: 1
Type: Ordinance Status: Passed
File created: 3/14/2005 In control: Budget and Fiscal Management Committee
On agenda: Final action: 4/4/2005
Enactment date: 4/6/2005 Enactment #: 15146
Title: AN ORDINANCE authorizing the sale of one parcel of tax title property located in council district 9.
Sponsors: Steve Hammond, Larry Gossett
Indexes: Property
Attachments: 1. Ordinance 15146.pdf, 2. 2005-0105 Attachment 5 to 3-30-05 Staff Report.pdf, 3. 2005-0105 Fiscal Note.doc, 4. 2005-0105 parcel map, 5. 2005-0105 Revised Staff Report, 6. 2005-0105 Staff Report 3-30-05, 7. 2005-0105 Transmittal Letter.doc, 8. A. Legal Description, 9. A. Legal Description, 10. B. Purchase Letter, 11. B. Purchase Letter
Drafter
Clerk 03/09/2005
title
AN ORDINANCE authorizing the sale of one parcel of tax title property located in council district 9.
body
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. Findings.
A. King County holds in trust one parcel of property that was foreclosed on due to non-payment of property taxes, acquired by taxpayer default on October 26, 1915.
B. The property identified in this ordinance is known as tax lot 052205-9361. Notices were sent to county departments and none expressed an interest in the property.
C. The various cities, water and sewer districts were notified regarding the county's plan to surplus and sell the property.
D. The facilities management division, real estate services section finds the property surplus to the county's present and foreseeable needs.
E. The property is zoned residential; however its size and shape preclude any stand alone development potential.
F. Due to its size and shape it has been declared not-suitable for the development of affordable housing.
G. King County has agreed to sell the property to the adjacent property owner for its appraised value of $33,000.00.
H. Sale of the subject property will return revenue to the various taxing districts.
I. Under K.C.C. chapter 4.56.100, when no county department or governmental agency has expressed a need for surplus real property and the property is not suitable for the development of affordable housing under K.C.C. 4.56.070, the county council may determine that unique circumstances make a negotiated direct sale in the best interest of the public.
SECTION 2. The King County executive is hereby authorized to execute the necessary documents to sell the surplus property to the adjacent landowner in a direct negotiated sale. The agreement is at the below stated appraised value. King County reserves the right to reject any and all offers.

PROPERTY NAME AND APPRAISED
PARCEL TAX ACCT. NO. ...

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