HomeMy WebLinkAbout03/21/2017 06F Real Estate Purchase; 1606 W King StreetBUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDASTATEMENT
Item No. 6.F.
For Meeting of: March 21, 2017
ITEM TITLE: Resolution authorizing acceptance of an offer for purchase of real
estate located at 1606 W. King Street
SUBMITTED BY: Bronson Faul, SeniorAssistant City Attorney
SUMMARY EXPLANATION:
The City of Yakima initiated a real property drug forfeiture of 1606 W. King St. in 2013, following a
trial the court awarded the property to the City. Law enforcement is unable to use the real
property for the exclusive use of enforcing the provisions of RCW Chapter 69. After preparing the
real property for sale, the City hired a licensed real estate firm to market, show and advertise the
real property. The City has received an offer for the real property and taking into account the
condition of the real property, constitutes the full value of the real property. After all expenses and
costs, the City should expect to net approximately $70,000 from the sale and those proceeds
shall be retained by the seizing law enforcement agency exclusively for the use of controlled
substances related law enforcement activity.
ITEM BUDGETED:
STRATEGIC PRIORITY:
Public Safety
APPROVED FORV*��
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SUBMITTAL: -City Manager
STAFF RECOMMENDATION:
Adopt resolution.
BOARD/COMMITTEE RECOMMENDATION:
ATTACHMENTS:
Description Upload Date Type
D Resolution re real property at 1606 W. King Strut 311512017 Resolution
RESOLUTION NO. R -2017-
A RESOLUTION authorizing acceptance of an offer for purchase of real estate located at
1606 W. King Street.
WHEREAS, the City of Yakima initiated a real property drug forfeiture of 1606 W. King
St. in 2013 and following a trial, the court awarded the property to the City; and
WHEREAS, law enforcement cannot use the real property for the exclusive use of
enforcing the provisions of RCW Chapter 69; and,
WHEREAS, the real property has been prepared and is now ready for sale; and,
WHEREAS, the City hired a licensed real estate firm to market, show and advertise the
real property; and
WHEREAS, an offer has been submitted for the real property that taking into account
the condition of the real property constitutes at minimum the full value of the real property; and
WHEREAS, after all expenses and costs, the City should expect to net approximately
$70,000 from the sale; and
WHEREAS, the net proceeds shall be retained by the seizing law enforcement agency
exclusively for the use of controlled substances related law enforcement activity, now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA:
The City Manager is hereby authorized to execute all the necessary documents to
accept the offer presented for 1606 W. King St., Yakima, WA, 98902 and to execute all
necessary documents to complete the sale for the same real property.
ADOPTED BY THE CITY COUNCIL this 21St day of March, 2017.
Kathy Coffey, Mayor
ATTEST:
Sonya Claar Tee, City Clerk