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Home My WebLink AboutR-2015-011 Cascade Mill Parkway Land Purchase and Parcel ExchangeA RESOLUTION RESOLUTION NO. R-2015-011 authorizing the City Manager to prepare and execute purchase, sale and exchange documents and deeds with Cascade Parkway, LLC for exchange of two parcels and purchase of one parcel of property, for purposes of acquiring right-of-way for development of public street known as Cascade Mill Parkway (first phase) and associated roundabout. , WHEREAS, the City Council of the City of Yakima (City) previously adopted Resolution No. 2013-138 reserving City -owned property known as Yakima County Assessor's Parcel No. 191318-43003 for development of the first phase of Cascade Mill Parkway, designed to be a four -lane, landscaped divided roadway which begins at a planned roundabout at the intersection of Fair Avenue, East Lincoln Avenue and Martin Luther King, Jr. Boulevard, which street and roundabout project is listed in the City's Six - Year Transportation Improvement Plan; and WHEREAS, when Resolution No 2013-138 was considered and approved, the reservation of City -owned property as right-of-way for such project was described as the first step in a four -step process to accomplish the acquisition of necessary rights -of way for the construction of the subject portion of Cascade Mill Parkway. The four -step process was described as: (a) Reserve City -owned parcel (Yakima County Assessor's Parcel No. 191318-43003) by Resolution as future City right-of-way for the project; (b) Indentify property adjacent to the City -owned parcel that will be necessary to purchase to acquire sufficient right-of-way for the extension of Cascade Mill Parkway; (c) Utilize Yakima County Right -of -Way staff for acquisition of such properties to be purchased; (d) Purchase right-of-way for Cascade Mill Parkway; and WHEREAS, the City, in conjunction with the Yakima County Right -of -Way staff, has accomplished the first three steps of the acquisition process and is ready to proceed with purchase and acquisition of the necessary property; and WHEREAS, acquisition of the necessary property is shown and summarized on the map attached hereto as Exhibit "A," and includes an exchange of parcels with Cascade Parkway, LLC, and purchase of a parcel from Cascade Parkway, LLC; and WHEREAS, the Yakima County Right -of -Way staff has received a written Letter of Opinion of Value dated December 5, 2014 from Carson T. Olafson, a qualified appraiser, stating that the parcels of property to be exchanged are generally equivalent in size and value, and thus subject to disposition by exchange; and WHEREAS, the Yakima County Right -of -Way staff has received an appraisal from a qualified appraiser establishing the appraised value of the parcel to be purchased by the City from Cascade Parkway, LLC, to be $74,800.00; and WHEREAS, the Yakima County Right -of -Way staff have recommended approval of the proposed property exchange and purchase; and WHEREAS, the City Council finds and determines that the City Manager should be authorized to prepare and execute any and all necessary and appropriate documents and deeds to accomplish the exchange and purchase of the parcels described above, and that such authorization and action is in the best interests of residents of the City of Yakima and will promote the general health, safety and welfare; therefore BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: 1. The exchange of parcels by and between the City of Yakima and Cascade Parkway, LLC, together with the purchase of the parcel described above and as further described in the map attached as Exhibit "A" and incorporated herein by this reference, being portions of Yakima County Assessor's Parcel Nos. 191318-43003 and 191318- 44022, is hereby approved. 2. The City Manager is hereby authorized to prepare and execute any and all necessary documents and deeds to accomplish such exchange and purchase, and is authorized to expend up to $74,800.00 for the purchase of the designated parcel within Yakima County Assessor's Parcel No. 191318-44022, together with such additional and incidental funds necessary to accomplish such purchase and exchange in escrow and closing. ADOPTED BY THE CITY COUNCIL this 20th day of January, 2015. ATTEST: Micah Cawl- Mayor BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 5.E. For Meeting of: January 20, 2015 ITEM TITLE: Resolution authorizing an exchange of land for street right-of- way required for the Cascade Mill Parkway SUBMITTED BY: Joan Davenport, Director of Community Development Mark Kunkler, Senior Assistant City Attorney SUMMARY EXPLANATION: Construction of the Fair Avenue Roundabout will develop the first leg of the Cascade Mill Parkway. An exchange of land for street right-of-way between the City of Yakima and Cascade Parkway LLC is required to begin the project. The subject parcels are approximately the same size and land value, as determined by a private appraiser. The land swap is voluntary for both parties and will result in more logical land use for interests. Resolution: X Ordinance: Other (Specify): Contract: Contract Term: Start Date: End Date: Item Budgeted: Amount: Funding Source/Fiscal Impact: Strategic Priority: Economic Development Land swap - no additional cost Insurance Required? No Mail to: Phone: APPROVED FOR SUBMITTAL: RECOMMENDATION: City Manager Approve the resolution to authorize the City Manager to execute the necessary documents. ATTACHMENTS: Description Upload Date Type Resolution authorizing City Manager to execute documents and deeds for exchange of two parcels 1/12/2015 Resolution necessary for street right of way for Cascade Mill Parkway 0 Exhibit of parcels for land swap 1/12/2015 Backup Material /.1 / 1" I N. 10TH STREET WIRE 1N CONCRETE FILLED PIPE FOUND S N 18'30'71 W 719.91' IN CASE 438.12' - BEGINNING OF PROJECT 437. 1x444 �'" v } 238.9r Cis 8 g ( 191318-43002 PACIFIC POWER AND LIGHT CO. CITY OF YAKIMA MONUMENT 1245 FOUND MON IN CASE Bo' EXIST. R/W J / / '--4 490i OLID alp, 7jzd-u e, / REMAINING AREA aii 26,831±SF 2 13400 ry 16'29'43' w ,.«4e 1»4b DESIGN CENTERLINE ( 491318-43003 ) CITY OF YAKIMA 17+40 NN.23'59'58 W JJ rut ci,Q otia.e 24,1243 %r ff d / REMAINING AREA: 239,642± SF ( 191318-44022 ) CASCADE PARKWAY, LLC ()-v191)) PARCEL NO. OWNERSHIP EXISTING AREA AREA TO BE ACQUIRED REMAINING AREA NOTES 191318-44032 TOWER 1NYESIMENTS, INC. 37,028± SF' 9,147* SF 27.879± SF 191318-43006 LEELYNN INC. 7,008± SF 7,000* SF 0 191318-43003 CITY OF YAKIMA 87,9910 5F• 53,678± 5F 34,313± SF 19131 8-4402 2 CASACADE PARKWAY, LLC 288,805± 5F 22332* SF 266.473± SF AREA PER YAKIMA COUNTY ASSESSOR'S OFFICE m .4. HLA Hwbregtse, LownanAssociates,Inc. Civil Engineering •Land Surveying. Planning 2803 River Road Yakima, WA 98902 509.966.7860 Fa1509.965.3560 www.hladvlmm JOB NUMBER: 11062 DATE: 5-28-14 FILE NAMES: DRAWING: jeldwenROW.dwg PLAN. PROFILE: CITY OF YAKIMA CASCADE MILL PARKWAY REVISION DATE DESIGNED BY: TDA ENTERED 8Y: 4J14 RIGHT OF WAY EXHIBIT SHEET 1