Drafter
Clerk 10/05/2005
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AN ORDINANCE authorizing the vacation of portions of South 344th & South 346th Street, File V-2507 Petitioner: Cornerstone Development c/o AHBL.
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STATEMENT OF FACTS:
1. A petition has been filed requesting vacation of those portions of South 344th & South 346th Street hereinafter described.
2. The department of transportation notified the various utility companies serving the area and has been advised that easements were not required within the vacation area.
3. The department of transportation records indicates that King County has not been maintaining South 344th & South 346th Street. The records indicate that no public funds have been expended for their acquisition.
4. The department of transportation considers the subject portions of the right-of-way useless as part of the County road system and believes the public would benefit by the return of this unused area to the public tax rolls.
5. The right-of-way is classified as "C-Class" and, in accordance with King County Code 14.40.020, the compensation due King County is based on fifty percent of the assessed value of the subject right-of-way which was determined from records of the department of assessments. King County is in receipt of $16,686.00 from the petitioner, of which $5,292.00 will be returned to bring the total compensation amount to $11,394.00.
Due notice was given in the manner provided by law and a hearing was held by the office of the hearing examiner on the 20th day of July, 2005 and the 7th day of September, 2005
In consideration of the benefits to be derived from the subject vacation, the council has determined that it is in the best interest of the citizens of King County to grant said petition.
BE IT ORDAINED BY THE COUNCIL OF KING COUNTY:
SECTION 1. The vacation approved by this ordinance is subject to the following pre-effective conditions:
A. Prior to conveyance of the vacation areas to the Petitioner, the Petitioner shall...

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