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HomeMy WebLinkAboutR-1995-054 Fire Department Training ComplexRESOLUTION NO. R-95- 54 A RESOLUTION authorizing and directing the City Manager and City Clerk of the City of Yakima to execute purchase and sale agreements with eleven landowners to acquire property for the Yakima Fire Department Training Complex Expansion of City of Yakima Fire Station No. 5 WHEREAS, in November 1994, the citizens of Yakima voted to issue Bonds to fund the building of a Fire Department Training Complex in order to maintain a highly trained and efficient fire fighting force; and WHEREAS, it has been determined that the best place to construct a Fire Department training complex is adjacent to existing First Station No. 5, and WHEREAS, it will be necessary to acquire properties in the vicinity of Yakima Fire Station No 5 in order to provide adequate area for the Fire Department Training Complex; and WHEREAS, the City has contacted the owners of the subject properties, and said owners are agreeable to selling these properties to the City; and WHEREAS, the City Council deems it to be in the best interest of the City of Yakima to purchase these properties for the Fire Department Training Complex, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager and City Clerk are hereby authorized and directed to execute real estate purchase and sale agreements with the following persons owning land within Central Park Addition to the City of North Yakima, now Yakima, as recorded in Volume "A" of Plats, Page 46, Records of Yakima County, Washington for the following specific parcels of land. Landowner parcel No. Joe Denman 191330-14443 Linda Talton 191330-14445 John Morman 191330-14446 Linda Talton 191330-14447 Ernest Morse 191330-14448 Joe Denman 191330-14546 Anna L. Farris 191330-14542 Art & Ana Valadez 191330-14460 Darrel G Hickman 191330-14459 Jose Cortez 191330-14458 Mary Mayo 19133044456 Page 1 Ils)res/fire dept 7v , provided, however, that the total aggregate purchase price for all the above- specified parcels of land shall not exceed Four Hundred Thirteen Thousand Two Hundred Seventy Dollars ($413,270.00) The City Manager is hereby authorized and directed to take all necessary steps to proceed with the purchase of said properties and with the closing of these real estate transactions, subject to the availability of funds and subject to validated appraisals, using real estate purchase and sale agreements that have been approved as to form by the City Attorney The City Manager is further authorized to take all necessary and prudent actions to complete the purchase, including, but not limited to, the procurement of professional services for necessary Phase I/Phase II Environmental Site Assessments. ADOPTED BY THE CITY COUNCIL this\\'` ' day of �i. ' X , 1995 ATTEST p Mayor KaAe , yQ J cvr-► City Clerk Page 2 (1s)res/fire dept )w -Q/ PURCHASE AND SALE AGREEMENT This Agreement is made and entered into this c7f Al day of J C4 AYE , 1995, by and between JOSE CORTEZ and MARIA CORTEZ, husband and wife, (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of ' 'x, i %NN.,S,c,.4 Fvc A/u,4014c4 004‘,1,0-r($ 60.) Soo ' _°) (hereinafter referred to as "Purchase Price"). Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ($2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Page 1 of 8 usi.or/cortezpurchaso s mi..fw Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of-way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) Satisfactory Environmental Audit and Feasibility Studies. Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. (c) Availability of City Funding. The terms and conditions of this transaction are subject to the availability of City of Yakima funding to be derived from the issuance and sale of limited tax levy general obligation bonds. In the event that said funding is not available on the anticipated date of closing, this Agreement shall be deemed terminated forthwith. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; (2) deliver to Seller the Purchase Price; and Page 2 of 8 c:.lagr/corcezparcna.e s eai.4v (3) issue and deliver to Purchaser the standard owner'spolicy P y of title At closing, (a) Seller shall pay the following: (1) One-half of the escrow fee; (2) The premium for the issuance of the standard owner's insurance; policy of (3) Seller's pro rata share of real estate taxes (whetherenercl special) assessed against the Property and due and payable for the r of closing; and year (4) The Washington State real estate excise tax, if any. (b) Purchaser shall pay the following costs: (1) One-half of the escrow fee; (2) The cost of recording the Statutory Warranty Deed; (3) Purchaser's pro rata share of real estate taxes (whethere and due and year of closing. or special) assessed against the Propertyg neral payable for the Sactiou. i I Upon closing of escrow as set forth in Section 5, title to the Property conveyed by Seller to Purchaser by a duly executed StatutoryWarrant' Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrance p rtti shall d reservations other than the following: s, exceptions, and (1) Non -delinquent real estate taxes (whether general or special (2) Rights reserved in federal patents or state deeds; )' (3) Building or use restrictions consistent with current zonin government platting and subdivision requirements; g, other than (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser. ec i n 7. eller' Re . re Ion A arr. n In. emni (a) Definition of "Hazardou tan " When used in this Agreement term "hazardous substance" shall be defined to mean any substance or material toxic defined or designated as hazardous or toxic waste, hazardous or g ement the ic material, a Page 3 of 8 11.)avr/corcezDurcha.e c .ale. )v mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Purchaser: Title Company: Jose Cortez and Maria Cortez 1.3C) e4- S. i pti. St, Vie//P o )0141 moo/ Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Page 6 of 8 (13)agr/corce.purchaae s eale.jv Section 15. Successors and Assigns. Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that bodied in this party is b Inthgeupon other, andtthat�th s Agreent or ement representation not berchanged except Agreement, madey by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any- such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. Witness: Attest: (Seal) City Clerk CITY CONTRACT MO. 6-567 ER -54) Page 7 of 8 o..e:Culr-hate a .a.e iw [PURCHASER] CITY OF YAKIMA, WASHINGTON By: �V� Dick Zais, City Manager Seller's acceptance: WA day of s UI\i , 1995. Seller agrees to sell the Property on the terms and conditions specified herein. Seller acknowledges receipt of a copy of the Agreement, signed by both parties. Witness: Page 8 of 8 (1s)agr/corte:purchasc & sale.jv [SELLER] Bv: i ism Jose Cortez By: j2 4 e� )�- Maria Cortez PARCEL A The South 71.135 feet of the West 150 feet of Lot 12, Central Park Addition to the City of North Yakima, now Yakima, Washington, recorded in Volume "A" of Plats, Page 46, Records of Yakima County, Washington, Except the West 20 feet thereof. (Yakima County Tax Parcel Number 191330-14456) PARCEL B The North 10 feet of the South 71.135 feet of the East 150 feet of Lot 12, Central Park Addition to the City of North Yakima, now Yakima, Washington, recorded in Volume "A" of Plats, Page 46, Records of Yakima County, Washington. (Yakima County Tax Parcel Number 191330-14454) PARCEL C The North 41 feet of the South 112.1 feet of the West 140 feet of Lot 12 and the North 10 feet of the South 81.1 feet of the East 150 feet of said Lot 12, Central Park Addition to the City of North Yakima, now Yakima, recorded in Volume "A" of Plats, Page 46, Records of Yakima County, Washington. (Yakima County Tax Parcel Number 19133-14458) EXHIBIT A it 14446 14445 .3t .26 14LSA .03 14455 - .21 es reproduced by United Systems Software Company 18001 969.8727 -•_ ..v' pWTy 10001 *369-8727 • oftware Company (800) 989.8727 Exhibit "B" 9C -S1 PURCHASE AND SALE AGREEMENT This Agreement is made and entered into this 21\1day of 41 AY , 1995, by and between LINDA C. TALTON, a single person, (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of Eighty -Six Thousand Dollars ($86,000.00) (hereinafter referred to as "Purchase Price"). Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ($2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Page l of 8 Is l ag[/Calton put.. le7v Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of-way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) Satisfactory Environmental Audit and Feasibility Studies. Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. (c) Availability of City Funding. The terms and conditions of this transaction are subject to the availability of City of Yakima funding to be derived from the issuance and sale of limited tax levy general obligation bonds. In the event that said funding is not available on the anticipated date of closing, this Agreement shall be deemed terminated forthwith. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; Page 2 of 8 11.7.Fr/talc= purnaale7v (2) deliver to Seller the Purchase Price; and (3) issue and deliver to Purchaser the standard owner's policy of title insurance. At closing, (a) Seller shall pay the following: (1) The escrow fee; (2) The premium for the issuance of the standard owner's policy of title insurance; (3) Seller's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing; and (4) The Washington State real estate excise tax, if any. (b) Purchaser shall pay the following costs: (1) The cost of recording the Statutory Warranty Deed; (2) Purchaser's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing. Section 6. Title. Upon closing of escrow as set forth in Section 5, title to the Property shall be conveyed by Seller to Purchaser by a duly executed Statutory Warranty Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrances, exceptions, and reservations other than the following: (1) Non -delinquent real estate taxes (whether general or special); (2) Rights reserved in federal patents or state deeds; (3) Building or use restrictions consistent with current zoning, other than government platting and subdivision requirements; (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser. Section 7. Seller's Representations, Warranties, and Indemnities. (a) Definition of "Hazardous Substance." When used in this Agreement the term "hazardous substance" shall be defined to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or toxic material, a Page 3 of 8 (1s)agr/cal:on pur.salejv hazardous, toxic, or radioactive substance, or other similar term, by any federal, state, or local environmental statute, regulation, or ordinance presently in effect or that may be promulgated in the future, as such statutes, regulations, and ordinances may be amended from time to time, including, but not limited to, the statutes listed below: (1) Federal Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq. (2) Federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9601 et seq. (3) Federal Clean Air Act, 42 U.S.C. § 7401-7626. (4) Federal Water Pollution Control Act, Federal Clean Water Act of 1977, 33 U.S.C. § 1257 et seq. (5) Federal Insecticide, Fungicide, and Rodenticide Act, Fed. Pesticide Act of 1978 7 U.S.C. § 13 et seq. (6) Federal Toxic Substance Control Act, 15 U.S.C. § 2601 et seq. (7) Federal Safe Drinking Water Act, 42 U.S.C. § 300(f) et seq. (8) Washington Clean Air Act, RCW Chapter 70.94. (9) Washington Solid Waste Management -Recovery and Recycling Act, RCW Chapter 70.95. (10) Washington Model Toxics Control Act, RCW Chapter 70.105D. (11) Washington Hazardous Waste Fees Act, RCW Chapter 70.105A. (12) Washington Nuclear Energy and Radiation Act, RCW Chapter 70.98. (13) Washington Radioactive Waste Storage and Transportation Act of 1980, RCW Chapter 70.99. (b) Representations and Warranties. Seller represents and warrants to Purchaser that the following are true and correct: (1) There are no hazardous substances present on or under the Property; and (2) Seller will not cause or permit any activities on the Property which directly or indirectly could result in a release of hazardous substances on or under the Property; and (3) Any hazardous substances that may have been released or present on or under the Property have been properly treated, cleaned up, removed, and disposed of in compliance with all federal, state, and local environmental statutes, regulations, and ordinances, including, but not limited to, the statutes listed in subsection (a) above; and (4) Seller has completed all remedial, cleanup, and corrective actions required pursuant to all federal, state, and local environmental statutes, regulations, and ordinances, and in conformance with all applicable standards of professional skill, competence, and care; and (5) Seller shall at all times retain any and all liabilities arising from the off-site handling, treatment, storage, transportation, or disposal of hazardous substances by Seller. Page 4 of 8 (lalagr/cal[on purssalejv The foregoing representations and warranties shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and warranties shall not survive the closing and shall have no effect after the date of closing if Seller completes, at Seller's expense, Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. (c) Indemnities. Seller shall protect, defend, indemnify, and hold Purchaser harmless from and against any and all claims, demands, losses, liens, liabilities, penalties, fines, lawsuits, and other proceedings and costs and expenses (including attorney's fees and disbursements), which accrue to or are incurred by Purchaser on or after transfer of the Property and arise directly or indirectly from or out of, relate to, or in any way are connected with (1) any breach of the representations or warranties contained herein, (2) any activities on the Property during Seller's ownership, possession, or control of the Property which directly or indirectly result in the Property or any other property becoming contaminated with hazardous substances, and (3) the presence, discovery, or cleanup of any hazardous substances released or existing on or under the Property at any time prior to the date title is transferred to Purchaser. The foregoing indemnities shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and indemnities shall not survive the closing and shall have no effect after the date of closing if Seller completes Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. Section 8. Closing: Possession. Escrow for the Property shall close on or about July 31, 1995 after satisfaction of the conditions precedent set forth in Section 4 above. Purchaser shall have the right to take possession of the property on the date of closing. Section 9. Default: Liquidated Damages. IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE AS SET FORTH IN SECTION 5 BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER, THE ESCROW FUND SHALL BE AND REMAIN THE PROPERTY OF SELLER AS SELLER'S SOLE REMEDY AND AS LIQUIDATED DAMAGES FOR SUCH DEFAULT BY PURCHASER, AND THIS AGREEMENT SHALL BE WITHOUT ANY FURTHER FORCE AND EFFECT, AND WITHOUT FURTHER OBLIGATION OF EITHER PARTY TO THE OTHER. SELLER'S ACTUAL DAMAGES IN THE EVENT OF SUCH DEFAULT BY PURCHASER WOULD BE DIFFICULT OR IMPOSSIBLE TO ASCERTAIN, AND FURTHER, PURCHASER DESIRES TO LIMIT ITS LIABILITY TO SELLER IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER. Section 10. Notices. Any notices required or desired to be given under this Agreement shall be in writing and personally served, given by overnight express delivery, or given by mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, Page 5 of 8 11.1nr/carton purssalejv return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Purchaser: Title Company: L'7'01 da C. Talton 7 'o 1 C1.. Av-) (1 Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Page 6 of 8 (1.7agr/calcon pur..1.iv Section 15. Successors and Assigns. Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that neither party is relying upon any statement or representation not embodied in this Agreement, made by the other, and that this Agreement may not be changed except by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. [PURCHASER] Witness: CITY OF YAKIMA, WASHINGTON L-rf411, iirsuDJA_ Attest: !2e-6-ut a-, (Seal) City Clerk Page 7 of 8 Ilalagr calve �aale7.. q� R-gs s(4 - Dick Zais, City Manager Seller's acceptance: ga day of OW , 1995. Seller agrees to sell the Property on the terms and conditions specified herein. Seller acknowledges receipt of a copy of the Agreement, signed by both parties. Witness: Page 8 of 8 :slag:/calcon Dunsalejv [SELLER] By: Linda C. Talton PARCEL A The North 150 feet of the West 50 feet of the East 75 feet of the West half of Lot 11, CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, recorded in Volume "A" of Plats, page 46, records of Yakima County, Washington. TOGETHER WITH all water rights appurtenant thereto and all water rights possessed by the grantors appertaining thereunto. (Yakima County Tax Parcel Number 191330-14445) PARCEL B The South 40 feet of the North 190 feet of the West half of Lot 11, CENTRAL PARK ADDITION TO YAKIMA, according to the official plat thereof, recorded in Volume "A" of Plats, page 46, records of Yakima County, Washington. (Yakima County Tax Parcel Number 191330-14447) PARCEL C The South 40 feet of the North 230 feet of the West half of Lot 11, CENTRAL PARK ADDITION TO YAKIMA, according to the official plat thereof, recorded in Volume "A" of Plats, page 46, records of Yakima County, Washington. (Yakima County Tax Parcel Number 19133-14448) EXHIBIT A r 45 3/ - .15 ,4538 .15 14499 .15 14500 15 14501 3 .15 14502 .15 14503 .15 14504 .15 14505 .15 14506 .15 r. . r tJ .,07 _ .30 ,t 84.497 24 .15 14496 13 .15 22 :4495 ,. .15 14494 2' 1S • • DO• 20 14493 :: .1S 14492 19 .tS '4 12 /17 14450 .30 84451 .15 i 14452 .t5 84542 14458 .40 .17 18 1.491 =: 14533 IT /4490 S Ii .30 I.1• 14489 ,t 13 .15 14488 =1 14 .15 s• 14487 1 p4547 1.84 .26 14 s reproduced by United Systems Software Company 18001 969.8727 . .. ...Kerry louu, 869-8727 rtwere Company (8001 989.8727 Exhibit "$" 11 7r 14467 0 14,401 •24 .33 V /ELSE .03 14455 .21 14461 .26 .re 14462 .43 ir. 14463 t4 1. • • PURCHASE AND SALE AGREEMENT This Agreement is made and entered into this a day of L 7 , 1995, by and between PAUL L. FARRIS and GENE A. FARRIS, tenants in common, (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of Fifty -Five Thousand Dollars ($55,000.00), (hereinafter referred to as "Purchase Price"). Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ($2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said Page 1 of 8 r)agrrri, )v balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of-way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) . tisf:ctor Envir.nm-ntal Audit and F-asi.ilit udie . Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; (2) deliver to Seller the Purchase Price; and Page 2 of 8 (3) issue and deliver to Purchaser the standard owner's policy of title insurance. At closing, (a) Seller shall pay the following: (1) Seller's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing. (b) Purchaser shall pay the following costs: (1) The escrow fee; (2) The cost of recording the Statutory Warranty Deed; (3) Purchaser's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing; (4) The premium for the issuance of the standard owner's policy of title insurance; and (5) The Washington State real estate excise tax, if any. Section 6. Title. Upon closing of escrow as set forth in Section 5, title to the Property shall be conveyed by Seller to Purchaser by a duly executed Statutory Warranty Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrances, exceptions, and reservations other than the following: (1) Non -delinquent real estate taxes (whether general or special); (2) Rights reserved in federal patents or state deeds; (3) Building or use restrictions consistent with current zoning, other than government platting and subdivision requirements; (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser. Page 3 of 8 .1, lap: ,:arras Jv Section 7. Seller's Representations. Warranties. and Indemnities. (a) Definition of "Hazardous Substance." When used in this Agreement the term "hazardous substance" shall be defined to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or toxic material, a hazardous, toxic, or radioactive substance, or other similar term, by any federal, state, or local environmental statute, regulation, or ordinance presently in effect or that may be promulgated in the future, as such statutes, regulations, and ordinances may be amended from time to time, including, but not limited to, the statutes listed below: (1) Federal Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq. (2) Federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9601 et seq. (3) Federal Clean Air Act, 42 U.S.C. § 7401-7626. (4) Federal Water Pollution Control Act, Federal Clean Water Act of 1977, 33 U.S.C. § 1257 et seq. (5) Federal Insecticide, Fungicide, and Rodenticide Act, Fed. Pesticide Act of 1978 7 U.S.C. § 13 et seq. (6) Federal Toxic Substance Control Act, 15 U.S.C. § 2601 et seq. (7) Federal Safe Drinking Water Act, 42 U.S.C. § 300(f) et seq. (8) Washington Clean Air Act, RCW Chapter 70.94. (9) Washington Solid Waste Management -Recovery and Recycling Act, RCW Chapter 70.95. (10) Washington Model Toxics Control Act, RCW Chapter 70.105D. (11) Washington Hazardous Waste Fees Act, RCW Chapter 70.105A. (12) Washington Nuclear Energy and Radiation Act, RCW Chapter 70.98. (13) Washington Radioactive Waste Storage and Transportation Act of 1980, RCW Chapter 70.99. (b) Representations and Warranties. Seller represents and warrants to Purchaser that the following are true and correct: (1) There are no hazardous substances present on or under the Property; and (2) Seller will not cause or permit any activities on the Property which directly or indirectly could result in a release of hazardous substances on or under the Property; and (3) Any hazardous substances that may have been released or present on or under the Property have been properly treated, cleaned up, removed, and disposed of in compliance with all federal, state, and local environmental statutes, regulations, and ordinances, including, but not limited to, the statutes listed in subsection (a) above; and (4) Seller has completed all remedial, cleanup, and corrective actions required pursuant to all federal, state, and local environmental statutes, Page 4 of 8 ,15)aur/farria jv regulations, and ordinances, and in conformance with all applicable standards of professional skill, competence, and care; and (5) Seller shall at all times retain any and all liabilities arising from the off-site handling, treatment, storage, transportation, or disposal of hazardous substances by Seller. The foregoing representations and warranties shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and warranties shall not survive the closing and shall have no effect after the date of closing if Seller completes, at Seller's expense, Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. (c) Indemnities. Seller shall protect, defend, indemnify, and hold Purchaser harmless from and against any and all claims, demands, losses, liens, liabilities, penalties, fines, lawsuits, and other proceedings and costs and expenses (including attorney's fees and disbursements), which accrue to or are incurred by Purchaser on or after transfer of the Property and arise directly or indirectly from or out of, relate to, or in any way are connected with (1) any breach of the representations or warranties contained herein, (2) any activities on the Property during Seller's ownership, possession, or control of the Property which directly or indirectly result in the Property or any other property becoming contaminated with hazardous substances, and (3) the presence, discovery, or cleanup of any hazardous substances released or existing on or under the Property at any time prior to the date title is transferred to Purchaser. The foregoing indemnities shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and indemnities shall not survive the closing and shall have no effect after the date of closing if Seller completes Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. Section 8. Closing: Possession. Escrow for the Property shall close on or about September 30, 1995 after satisfaction of the conditions precedent set forth in Section 4 above. Purchaser shall have the right to take possession of the property on the date of closing. Section 9. Default: Liquidated Damages. IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE AS SET FORTH IN SECTION 5 BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER, THE ESCROW FUND SHALL BE AND REMAIN THE PROPERTY OF SELLER AS SELLER'S SOLE REMEDY AND AS LIQUIDATED DAMAGES FOR SUCH DEFAULT BY PURCHASER, AND THIS AGREEMENT SHALL BE WITHOUT ANY FURTHER FORCE AND EFFECT, AND WITHOUT FURTHER OBLIGATION OF EITHER PARTY TO THE OTHER. SELLER'S ACTUAL DAMAGES IN THE EVENT OF SUCH DEFAULT BY PURCHASER WOULD BE DIFFICULT OR IMPOSSIBLE TO Page 5 of 8 (Isla:: fa[ris iw ASCERTAIN, AND FURTHER, PURCHASER DESIRES TO LIMIT ITS LIABILITY TO SELLER IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER. Section 10. Notices. Any notices required or desired to be given under this Agreement shall be in writing and personally served, given by overnight express delivery, or given by mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Purchaser: Title Company: Paul L. Farris 3O0( S _ btl\ Arc Gene A. Farris /7yro) A/.oJs (/sr S A inte A 're 67 Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or Page 6 of 8 condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Section 15. Successors and Assigns. Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that neither party is relying upon any statement or representation not embodied in this Agreement, made by the other, and that this Agreement may not be changed except by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. Page 7 of 8 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. Witness: Attest "".�- ` -Y— 2 Ie¢Seal) City Clerk [PURCHASER] CITY OF YAAKIMA, WASHINGTON By: • Dick Zais, City tanager CITY CONTRACT NO. (45 `' (1-(4C---614) Seller's acceptance: -5 day o Property on the terms and conditions s of a copy of the Agreement, signed by both Page 8 of 8 Ils)agr/[atria. parties. [SELLER] , 1995. Seller agrees to sell the herein. Seller acknowledges receipt By: (J (7+ • Sd—vt--4 Paul L. Farris By: By: By: Mrs. Paul L. Farris Gene A. Farris Mrs. Gene A. Farris The North 30.1 feet of the South 142.3 feet of the West 140 feet; AND the North 61.1 feet of the South 142.3 feet of the East 160 feet; AND the West 12.5 feet of the North 127.73 feet; AND the South 30 feet of the North 157.73 feet of the West 68 feet of Lot 12, CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, Washington, according to the plat thereof recorded in Volume "A" of Plats, Page 46, records of Yakima County, Washington. Situated in Yakima County, State of Washington. (Tax Parcel Number 191330-14542) EXHIBIT A .35 1 r1 537 5 536 ? °5 499 3 15 4500 15 r• E`s 15 #4502 6 .15 '4503 7 .15 4504 .15 14505 .15 14506 .15 je.r 11 'x-'17 17 sit ai PARK 14497 24 .15 14196 1.1 .15 72 14493 ,. .15 14494 21 .15 '� 14493 : .15 14492 1 19 .15 '1 18 1 491 i .1 17 14490 .30 .: 1F N• 14489 �: 15 .15 66 7r 14446 14445 .31 .26 14447 • .15 14418 x .15 14488 s1 14 .15 14487 •I 14545 .23 // 14547 1.86 lir 14443 ADD. 14 to w yrs 14460 .16 1• 14467 .24 If ‚4459 .24 ^ 14458 .17 14456 .2t 14532 .26 4! • tit • • • 14533 .26. 7J- 1CLO1 .33 1417 14450 .30 14451 .15 14452 .15, 14,�"z 74 0 ILLS& .07 14455 .21 14461 .26 1 fe 14462 43 1f 10 14463 t4 ql ql . reproduced by United Systems SoltWete Company 19001969-6727 tcvvl 869-8727 !(ware Company (800) 969.8727 n$n Exhibit R- cis—5LI- PURCHASE AND SALE AGREEMENT This Agreement is made and entered into this 23 day of "G ci c r , 1995, by and between JOHN MORMON and WYLMA MORMON, husband and wife (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of Seventy -Three Thousand Five Hundred Dollars ($73,500.00) (hereinafter referred to as "Purchase Price"). Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ($2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Page 1 of 8 11s1agr/purchase c pale )v Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of-way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) Satisfactory Environmental Audit and Feasibility Studies. Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. (c) Availability of City Funding. The terms and conditions of this transaction are subject to the availability of City of Yakima funding to be derived from the issuance and sale of limited tax levy general obligation bonds. In the event that said funding is not available on the anticipated date of closing, this Agreement shall be deemed terminated forthwith. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; (2) deliver to Seller the Purchase Price; and Page 2 of 8 (1slagx/purchase fi sale.jw (3) issue and deliver to Purchaser the standard owner's policy of title insurance. At closing, (a) Seller shall pay the following: (1) One-half of the escrow fee; (2) The premium for the issuance title insurance; (3) Seller's pro rata share of real special) assessed against the Property of closing; and of the standard owner's policy of estate taxes (whether general or and due and payable for the year (4) The Washington State real estate excise tax, if any. (b) Purchaser shall pay the following costs: (1) One-half of the escrow fee; (2) The cost of recording the Statutory Warranty Deed; (3) Purchaser's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing. Section 6. Title. Upon closing of escrow as set forth in Section 5, title to the Property shall be conveyed by Seller to Purchaser by a duly executed Statutory Warranty Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrances, exceptions, and reservations other than the following: (1) Non -delinquent real estate taxes (whether general or special); (2) Rights reserved in federal patents or state deeds; (3) Building or use restrictions consistent with current zoning, other than government platting and subdivision requirements; (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser. Section 7. Seller's Representations. Warranties. and Indemnities. (a) Definition of "Hazardous Substance," When used in this Agreement the term "hazardous substance" shall be defined to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or toxic material, a Page 3 of 8 (1s)agr purchase s sale J. hazardous, toxic, or radioactive substance, or other similar term, by any federal, state, or local environmental statute, regulation, or ordinance presently in effect or that may be promulgated in the future, as such statutes, regulations, and ordinances may be amended from time to time, including, but not limited to, the statutes listed below: (1) Federal Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq. (2) Federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9601 et seq. (3) Federal Clean Air Act, 42 U.S.C. § 7401-7626. (4) Federal Water Pollution Control Act, Federal Clean Water Act of 1977, 33 U.S.C. § 1257 et seq. (5) Federal Insecticide, Fungicide, and Rodenticide Act, Fed. Pesticide Act of 1978 7 U.S.C. § 13 et seq. (6) Federal Toxic Substance Control Act, 15 U.S.C. § 2601 et seq. (7) Federal Safe Drinking Water Act, 42 U.S.C. § 300(f) et seq. (8) Washington Clean Air Act, RCW Chapter 70.94. (9) Washington Solid Waste Management -Recovery and Recycling Act, RCW Chapter 70.95. (10) Washington Model Toxics Control Act, RCW Chapter 70.105D. (11) Washington Hazardous Waste Fees Act, RCW Chapter 70.105A. (12) Washington Nuclear Energy and Radiation Act, RCW Chapter 70.98. (13) Washington Radioactive Waste Storage and Transportation Act of 1980, RCW Chapter 70.99. (b) Representations and Warranties. Seller represents and warrants to Purchaser that the following are true and correct: (1) There are no hazardous substances present on or under the Property; and (2) Seller will not cause or permit any activities on the Property which directly or indirectly could result in a release of hazardous substances on or under the Property; and (3) Any hazardous substances that may have been released or present on or under the Property have been properly treated, cleaned up, removed, and disposed of in compliance with all federal, state, and local environmental statutes, regulations, and ordinances, including, but not limited to, the statutes listed in subsection (a) above; and (4) Seller has completed all remedial, cleanup, and corrective actions required pursuant to all federal, state, and local environmental statutes, regulations, and ordinances, and in conformance with all applicable standards of professional skill, competence, and care; and (5) Seller shall at all times retain any and all liabilities arising from the off-site handling, treatment, storage, transportation, or disposal of hazardous substances by Seller. Page 4 of 8 Ils)agr/puzchaoe & aale.Jv The foregoing representations and warranties shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and warranties shall not survive the closing and shall have no effect after the date of closing if Seller completes, at Seller's expense, Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. (c) Indemnities. Seller shall protect, defend, indemnify, and hold Purchaser harmless from and against any and all claims, demands, losses, liens, liabilities, penalties, fines, lawsuits, and other proceedings and costs and expenses (including attorney's fees and disbursements), which accrue to or are incurred by Purchaser on or after transfer of the Property and arise directly or indirectly from or out of, relate to, or in any way are connected with (1) any breach of the representations or warranties contained herein, (2) any activities on the Property during Seller's ownership, possession, or control of the Property which directly or indirectly result in the Property or any other property becoming contaminated with hazardous substances, and (3) the presence, discovery, or cleanup of any hazardous substances released or existing on or under the Property at any time prior to the date title is transferred to Purchaser. The foregoing indemnities shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and indemnities shall not survive the closing and shall have no effect after the date of closing if Seller completes Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. Section 8. Closing: Possession. Escrow for the Property shall close on or about September 30, 1995 after satisfaction of the conditions precedent set forth in Section 4 above. Purchaser shall have the right to take possession of the property on the date of closing. Section 9. Default: Liquidated Damages. IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE AS SET FORTH IN SECTION 5 BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER, THE ESCROW FUND SHALL BE AND REMAIN THE PROPERTY OF SELLER AS SELLER'S SOLE REMEDY AND AS LIQUIDATED DAMAGES FOR SUCH DEFAULT BY PURCHASER, AND THIS AGREEMENT SHALL BE WITHOUT ANY FURTHER FORCE AND EFFECT, AND WITHOUT FURTHER OBLIGATION OF EITHER PARTY TO THE OTHER. SELLER'S ACTUAL DAMAGES IN THE EVENT OF SUCH DEFAULT BY PURCHASER WOULD BE DIFFICULT OR IMPOSSIBLE TO ASCERTAIN, AND FURTHER, PURCHASER DESIRES TO LIMIT ITS LIABILITY TO SELLER IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER. Section 10. Notices. Any notices required or desired to be given under this Agreement shall be in writing and personally served, given by overnight express delivery, or given by mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, Page 5 of 8 (lslagr/purchase s sale.jv return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Purchaser: Title Company: John Mormon 808 Central Avenue Yakima, WA 98901 Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Section 15. Successors and Assigns. Page 6 of 8 (Is7agr/purchases sale 3. Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that neither party is relying upon any statement or representation not embodied in this Agreement, made by the other, and that this Agreement may not be changed except by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. [PURCHASER] Witness: CITY OF YAKIMA, WASHINGTON 'irk" ainntio( Attest: (Seal) City Clerk Seller's acceptance: &J day of , 1995. Seller agrees to sell the Property on the terms and conditions specif d herein. Seller acknowledges receipt of a copy of the Agreement, signed by both parties. By:�`y'�� Dick Zais, City Manager r CITY CONTRACT NO. gS 8.3i R.9 / m Page 7 of 8 (ls)agr/purchased sale [SELLER] Oe:"............... rNe (64.74 ---By: r% - 5J 1 Witness: 4->:_.,(-e By://, i...,-(-0----- /2,4z.,...y„,,- Page 8 of 8 Ils)agr/purchase & sale jv PARCEL A The West 90 feet of the North 150 feet of Lot 11 of CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, according to the plat thereof recorded in Volume "A" of Plats, page 46, records of Yakima County, Washington. Assessor's Parcel No. 191330-14446 EXHIBIT A ;• r1 a0 0 0 • 7,4 ST. .3 • '4539 4.04 2 1 CEN TRA L »* M of 0 to hl4473 .16 (4472 .16 f1.rp �� 14474 I' 16 - 1f1RO1;' r/KAN 14475 4 16 14476 1 '6 IA; , . 04477 6 4 3 14410 .19 144(1 • .17 " murpormwormi 11179 • 8 Ie 41 AOV--j t 04475 ti 7 14412 .90 (14400 C 14543 A.33 I.RROCk'ELMAN•--- 14493 4 .30 15 ` 14484 5 S AOO--ANO: Z-- :6 14483 • .23 04486 • .23 1•e ' 7r T - - r T • AVE. 24 .13 04518 23 14517 .13 14516 .15 14515 .15 • 14431 • 35 172 144)0 19 04432 -19 14433 19 (4434 .35 117 14429 79 J• •. f N 14427 46 .1 14426 46 .1 6 04334 .56 14413 .69 • • 14423 .2S 72 .•-.. 14423 .24 04424 .23 ♦7 • r♦ 14413 .29 sr 14404 .34 5- '0 A 117 Jr to ti /4416 .17,+r+� 14419 16 .v. 14420 • 06 14531 .13 :4538 .13 14499 .7 .15 FAIR PO 01514 .13 045(3 .15 1s 14512 .13 fig00 1 VIES 14501 5 -15 (D 14511 .13 14310 .13 1).✓ 11 14509 14 .30 14508 .13 (4302 .15 6 14303 y .13 14304 .13 s 14505 • 9 .15 1 `506 10 oJ••r 11 (4307 .30 12 ' HOB HILL agomilmalma r. PARK 31,. 24 !1197 `.4 .13 t.! 14496 •� .15 II 14493 .1 .(5 14494 ,. Z1 1s •' --A0,- 0 14493 :' .13 '. 14.92 1. .15 ti 1e Its 91 t; 17 16 14490 'r .30 N • 1 14469 11 . 1 5 .: 14 14499 ti .15 13 04487 t.,1, t3 1 BLVD CENTRAL AVENUE .11 14441 1 7r 14441 26 • 11447 s .15 / 14446 3 .15 14543 • " 23 • v ..r 14443 ADD. ns 14460 .16 • tr 14459 .24 1. 147 14450 /Z .30 (4131 • • .13 14432 .15 14542 (4458 1.40 t .17 Lir 14436 .21 04434 .03 h 14455 .21 14347 1.81 /4 14532 .26 14533 .26. 77 i .•r t0 .t0 7• 14467 .24 0 4 tT w 14 01 .33 14461 .26 .14 (4462 .43 row 04463 .34 • 1. EXHIBIT B .__ ...J L 11..;1..1 ;,,.(sent cnllw.re Comnenv 18001 989.8777 PURCHASE AND SALE AGREEMENT This Agreement is made and entered into this t "' day of N i , 1995, by and between LINDA C. TALTON, a single person, (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of Eighty -Six Thousand Dollars ($86,000.00) (hereinafter referred to as "Purchase Price"). Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ( $2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Page 1 of 8 ( ls)a9r/Calton pur&salrjw Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of-way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) Satisfactory Environmental Audit and Feasibility Studies. Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. (c) Availability of City Funding. The terms and conditions of this transaction are subject to the availability of City of Yakima funding to be derived from the issuance and sale of limited tax levy general obligation bonds. In the event that said funding is not available on the anticipated date of closing, this Agreement shall be deemed terminated forthwith. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; Page 2 of 8 (1o)agr/[a1Con pur,a1Q, (2) deliver to Seller the Purchase Price; and (3) issue and deliver to Purchaser the standard owner's policy of title insurance. At closing, (a) Seller shall pay the following: (1) The escrow fee; (2) The premium for the issuance of the standard owner's policy of title insurance; (3) Seller's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing; and (4) The Washington State real estate excise tax, if any. (b) Purchaser shall pay the following costs: (1) The cost of recording the Statutory Warranty Deed; (2) Purchaser's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing. Section 6. Title. Upon closing of escrow as set forth in Section 5, title to the Property shall be conveyed by Seller to Purchaser by a duly executed Statutory Warranty Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrances, exceptions, and reservations other than the following: (1) Non -delinquent real estate taxes (whether general or special); (2) Rights reserved in federal patents or state deeds; (3) Building or use restrictions consistent with current zoning, other than government platting and subdivision requirements; (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser. Section 7. Seller's Representations. Warranties. and Indemnities. (a) Definition of "Hazardous Substance." When used in this Agreement the term "hazardous substance" shall be defined to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or toxic material, a Page 3 of 8 (1r)ngr/talton Pwr.cc,lciw hazardous, toxic, or radioactive substance, or other similar term, by any federal, state, or local environmental statute, regulation, or ordinance presently in effect or that may be promulgated in the future, as such statutes, regulations, and ordinances may be amended from time to time, including, but not limited to, the statutes listed below: (1) Federal Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq. (2) Federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9601 et seq. (3) Federal Clean Air Act, 42 U.S.C. § 7401-7626. (4) Federal Water Pollution Control Act, Federal Clean Water Act of 1977, 33 U.S.C. § 1257 et seq. (5) Federal Insecticide, Fungicide, and Rodenticide Act, Fed. Pesticide Act of 1978 7 U.S.C. § 13 et seq. (6) Federal Toxic Substance Control Act, 15 U.S.C. § 2601 et seq. (7) Federal Safe Drinking Water Act, 42 U.S.C. § 300(f) et seq. (8) Washington Clean Air Act, RCW Chapter 70.94. (9) Washington Solid Waste Management -Recovery and Recycling Act, RCW Chapter 70.95. (10) Washington Model Toxics Control Act, RCW Chapter 70.105D. (11) Washington Hazardous Waste Fees Act, RCW Chapter 70.105A. (12) Washington Nuclear Energy and Radiation Act, RCW Chapter 70.98. (13) Washington Radioactive Waste Storage and Transportation Act of 1980, RCW Chapter 70.99. (b) Representations and Warranties. Seller represents and warrants to Purchaser that the following are true and correct: (1) There are no hazardous substances present on or under the Property; and (2) Seller will not cause or permit any activities on the Property which directly or indirectly could result in a release of hazardous substances on or under the Property; and (3) Any hazardous substances that may have been released or present on or under the Property have been properly treated, cleaned up, removed, and disposed of in compliance with all federal, state, and local environmental statutes, regulations, and ordinances, including, but not limited to, the statutes listed in subsection (a) above; and (4) Seller has completed all remedial, cleanup, and corrective actions required pursuant to all federal, state, and local environmental statutes, regulations, and ordinances, and in conformance with all applicable standards of professional skill, competence, and care; and (5) Seller shall at all times retain any and all liabilities arising from the off-site handling, treatment, storage, transportation, or disposal of hazardous substances by Seller. Page 4 of 8 (1s)agr/Calton purs_alo, The foregoing representations and warranties shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and warranties shall not survive the closing and shall have no effect after the date of closing if Seller completes, at Seller's expense, Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. (c) Indemnities. Seller shall protect, defend, indemnify, and hold Purchaser harmless from and against any and all claims, demands, losses, liens, liabilities, penalties, fines, lawsuits, and other proceedings and costs and expenses (including attorney's fees and disbursements), which accrue to or are incurred by Purchaser on or after transfer of the Property and arise directly or indirectly from or out of, relate to, or in any way are connected with (1) any breach of the representations or warranties contained herein, (2) any activities on the Property during Seller's ownership, possession, or control of the Property which directly or indirectly result in the Property or any other property becoming contaminated with hazardous substances, and (3) the presence, discovery, or cleanup of any hazardous substances released or existing on or under the Property at any time prior to the date title is transferred to Purchaser. The foregoing indemnities shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and indemnities shall not survive the closing and shall have no effect after the date of closing if Seller completes Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. Section 8. Closing: Possession. Escrow for the Property shall close on or about July 31, 1995 after satisfaction of the conditions precedent set forth in Section 4 above. Purchaser shall have the right to take possession of the property on the date of closing. Section 9. Default: Liquidated Damages. IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE AS SET FORTH IN SECTION 5 BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER, THE ESCROW FUND SHALL BE AND REMAIN THE PROPERTY OF SELLER AS SELLER'S SOLE REMEDY AND AS LIQUIDATED DAMAGES FOR SUCH DEFAULT BY PURCHASER, AND THIS AGREEMENT SHALL BE WITHOUT ANY FURTHER FORCE AND EFFECT, AND WITHOUT FURTHER OBLIGATION OF EITHER PARTY TO THE OTHER. SELLER'S ACTUAL DAMAGES IN THE EVENT OF SUCH DEFAULT BY PURCHASER WOULD BE DIFFICULT OR IMPOSSIBLE TO ASCERTAIN, AND FURTHER, PURCHASER DESIRES TO LIMIT ITS LIABILITY TO SELLER IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER. Section 10. Notices. Any notices required or desired to be given under this Agreement shall be in writing and personally served, given by overnight express delivery, or given by mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, Page 5 of 8 «s»g_,t ton purs e,w return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Purchaser: Title Company: Linda C. Talton Fy 0_3 ?I)G Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Page 6 of 8 (101a9r/Calton pvrh;aic�w Section 15. Successors and Assigns. Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that neither party is relying upon any statement or representation not embodied in this Agreement, made by the other, and that this Agreement may not be changed except by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. Witness: Attest: 1/9-L-64)-e_(Seal) City Clerk Page 7 of 8 (1slasr/Calton pur£saloiw -cis s< -l - [PURCHASER] CITY OF YAKIMA, WASHINGTON Dick Zais, City anager Seller's acceptance: day of , 1995. Seller agrees to sell the Property on the terms and conditions specified herein. Seller acknowledges receipt of a copy of the Agreement, signed by both parties. Page 8 of 8 (12)agr/ealeon purr,alejw [SELLER] By: Linda C. Talton PARCEL A The North 150 feet of the West 50 feet of the East 75 feet of the West half of Lot 11, CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, recorded in Volume "A" of Plats, page 46, records of Yakima County, Washington. TOGETHER WITH all water rights appurtenant thereto and all water rights possessed by the grantors appertaining thereunto. (Yakima County Tax Parcel Number 191330-14445) PARCEL B The South 40 feet of the North 190 feet of the West half of Lot 11, CENTRAL PARK ADDITION TO YAKIMA, according to the official plat thereof, recorded in Volume "A" of Plats, page 46, records of Yakima County, Washington. (Yakima County Tax Parcel Number 191330-14447) PARCEL C The South 40 feet of the North 230 feet of the West half of Lot 11, CENTRAL PARK ADDITION TO YAKIMA, according to the official plat thereof, recorded in Volume "A" of Plats, page 46, records of Yakima County, Washington. (Yakima County Tax Parcel Number 19133-14448) EXHIBIT A t..4414 .35 /11 x4537 i ..15 14538 7 .15 14499 3 .15 14500 15 E 01 3 .15 s4502 .15 14503 7 .15 14504 6 .15 14505 , q .15 14506 ,O .15 1I ,4507 .30 17 v ti .25 .23 72 35" yr 14420 .16 eft • r• /t7 14450 .30 14451 .15 14452 .t5 14545 .23 /u.SL .03 14455 .21 14547 1.84 .ro /4462 /4 .43 • /r. tv (4467 a ILL01 .24 14463 .33 �4 14487 •1 s reproduced by United Systems Software Company 18001 969.8727 "y icuwi 865-8727 f twe►e Company (800) 869-8727 Exhibit "B" PURCHASE AND SALE AGREEMENT This Agreement is made and entered into this day of --7`'(44)/(4' _ , 1995, by and between JOSE CORTEZ and MARIA CORTEZ, husband and wife, (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of,S®x7 `e riino 0 csac cd ($ (oO, 600 (hereinafter referred to as "Purchase Price"). Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ($2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Page 1 of 8 (lc)agr/cor[czpurcha— & sale.jw Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of-way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) Satisfactory Environmental Audit and Feasibility Studies. Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. (c) Availability of City Funding. The terms and conditions of this transaction are subject to the availability of City of Yakima funding to be derived from the issuance and sale of limited tax levy general obligation bonds. In the event that said funding is not available on the anticipated date of closing, this Agreement shall be deemed terminated forthwith. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; (2) deliver to Seller the Purchase Price; and Page 2 of 8 (1.)a9r/corte.purcha_o .c ca1e.9w (3) issue and deliver to Purchaser the standard owner's policy of title insurance. At closing, (a) Seller shall pay the following: (1) One-half of the escrow fee; (2) The premium for the issuance title insurance; (3) Seller's pro rata share of real special) assessed against the Property of closing; and of the standard owner's policy of estate taxes (whether general or and due and payable for the year (4) The Washington State real estate excise tax, if any. (b) Purchaser shall pay the following costs: (1) One-half of the escrow fee; (2) The cost of recording the Statutory Warranty Deed; (3) Purchaser's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing. Section 6. Title. Upon closing of escrow as set forth in Section 5, title to the Property shall be conveyed by Seller to Purchaser by a duly executed Statutory Warranty Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrances, exceptions, and reservations other than the following: (1) Non -delinquent real estate taxes (whether general or special); (2) Rights reserved in federal patents or state deeds; (3) Building or use restrictions consistent with current zoning, other than government platting and subdivision requirements; (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser. Section 7. Seller's Representations, Warranties. and Indemnities. (a) Definition of "Hazardous Substance." When used in this Agreement the term "hazardous substance" shall be defined to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or toxic material, a Page 3 of 8 (1.gr/c or—purcha^c x aa1o.lw hazardous, toxic, or radioactive substance, or other similar term, by any federal, state, or local environmental statute, regulation, or ordinance presently in effect or that may be promulgated in the future, as such statutes, regulations, and ordinances may be amended from time to time, including, but not limited to, the statutes listed below: (1) Federal Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq. (2) Federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9601 et seq. (3) Federal Clean Air Act, 42 U.S.C. § 7401-7626. (4) Federal Water Pollution Control Act, Federal Clean Water Act of 1977, 33 U.S.C. § 1257 et seq. (5) Federal Insecticide, Fungicide, and Rodenticide Act, Fed. Pesticide Act of 1978 7 U.S.C. § 13 et seq. (6) Federal Toxic Substance Control Act, 15 U.S.C. § 2601 et seq. (7) Federal Safe Drinking Water Act, 42 U.S.C. § 300(f) et seq. (8) Washington Clean Air Act, RCW Chapter 70.94. (9) Washington Solid Waste Management -Recovery and Recycling Act, RCW Chapter 70.95. (10) Washington Model Toxics Control Act, RCW Chapter 70.105D. (11) Washington Hazardous Waste Fees Act, RCW Chapter 70.105A. (12) Washington Nuclear Energy and Radiation Act, RCW Chapter 70.98. (13) Washington Radioactive Waste Storage and Transportation Act of 1980, RCW Chapter 70.99. (b) Representations and Warranties. Seller represents and warrants to Purchaser that the following are true and correct: (1) There are no hazardous substances present on or under the Property; and (2) Seller will not cause or permit any activities on the Property which directly or indirectly could result in a release of hazardous substances on or under the Property; and (3) Any hazardous substances that may have been released or present on or under the Property have been properly treated, cleaned up, removed, and disposed of in compliance with all federal, state, and local environmental statutes, regulations, and ordinances, including, but not limited to, the statutes listed in subsection (a) above; and (4) Seller has completed all remedial, cleanup, and corrective actions required pursuant to all federal, state, and local environmental statutes, regulations, and ordinances, and in conformance with all applicable standards of professional skill, competence, and care; and (5) Seller shall at all times retain any and all liabilities arising from the off-site handling, treatment, storage, transportation, or disposal of hazardous substances by Seller. Page 4 of 8 (1�)agr/cor[ezPvr<ha^c :. calc Jw The foregoing representations and warranties shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and warranties shall not survive the closing and shall have no effect after the date of closing if Seller completes, at Seller's expense, Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. (c) Indemnities. Seller shall protect, defend, indemnify, and hold Purchaser harmless from and against any and all claims, demands, losses, liens, liabilities, penalties, fines, lawsuits, and other proceedings and costs and expenses (including attorney's fees and disbursements), which accrue to or are incurred by Purchaser on or after transfer of the Property and arise directly or indirectly from or out of, relate to, or in any way are connected with (1) any breach of the representations or warranties contained herein, (2) any activities on the Property during Seller's ownership, possession, or control of the Property which directly or indirectly result in the Property or any other property becoming contaminated with hazardous substances, and (3) the presence, discovery, or cleanup of any hazardous substances released or existing on or under the Property at any time prior to the date title is transferred to Purchaser. The foregoing indemnities shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and indemnities shall not survive the closing and shall have no effect after the date of closing if Seller completes Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. Section 8. Closing: Possession. Escrow for the Property shall close on or about JUL L 2/ sY , 1995, or at such time thereafter as mutually agreed by the parties, but in any event only after satisfaction of the conditions precedent set forth in Section 4 above. Purchaser shall have the right to take possession of the property on the date of closing. Section 9. Default: Liquidated Damages. IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE AS SET FORTH IN SECTION 5 BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER, THE ESCROW FUND SHALL BE AND REMAIN THE PROPERTY OF SELLER AS SELLER'S SOLE REMEDY AND AS LIQUIDATED DAMAGES FOR SUCH DEFAULT BY PURCHASER, AND THIS AGREEMENT SHALL BE WITHOUT ANY FURTHER FORCE AND EFFECT, AND WITHOUT FURTHER OBLIGATION OF EITHER PARTY TO THE OTHER. SELLER'S ACTUAL DAMAGES IN THE EVENT OF SUCH DEFAULT BY PURCHASER WOULD BE DIFFICULT OR IMPOSSIBLE TO ASCERTAIN, AND FURTHER, PURCHASER DESIRES TO LIMIT ITS LIABILITY TO SELLER IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER. Section 10. Notices. Any notices required or desired to be given under this Agreement shall be in writing and personally served, given by overnight express delivery, or given by Page 5 of 8 11o)agr/coreczpurchacc s :alc.jw mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Purchaser: Title Company: Jose Cortez and Maria Cortez /2,0 `iNkin J G',,Q t d Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Page 6 of 8 ,,c)oor/corcozpurehase o _ole j, Section 15. Successors and Assigns. Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that neither party is relying upon any statement or representation not embodied in this Agreement, made by the other, and that this Agreement may not be changed except by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. Witness: Attest: 4uy--�-�` (Seal) City Clerk CITY CONTRACT MO. Page 7 of 8 11u)a5r/oort o,uroha::o 4 oa1e.]w [PURCHASER] CITY OF YAKIMA, WASHINGTON By: Dick Zais, CitylvIanager Seller's acceptance: day of , 1995. Seller agrees to sell the Property on the terms and conditions specified herein. Seller acknowledges receipt of a copy of the Agreement, signed by both parties. Page 8 of 8 as)aar/eorcc:Purehace [SELLER] By: Jose Cortez By: ,t',1 Maria Cortez PARCEL A The South 71.135 feet of the West 150 feet of Lot 12, Central Park Addition to the City of North Yakima, now Yakima, Washington, recorded in Volume "A" of Plats, Page 46, Records of Yakima County, Washington, Except the West 20 feet thereof. (Yakima County Tax Parcel Number 191330-14456) PARCEL B The North 10 feet of the South 71.135 feet of the East 150 feet of Lot 12, Central Park Addition to the City of North Yakima, now Yakima, Washington, recorded in Volume "A" of Plats, Page 46, Records of Yakima County, Washington. (Yakima County Tax Parcel Number 191330-14454) PARCEL C The North 41 feet of the South 112.1 feet of the West 140 feet of Lot 12 and the North 10 feet of the South 81.1 feet of the East 150 feet of said Lot 12, Central Park Addition to the City of North Yakima, now Yakima, recorded in Volume "A" of Plats, Page 46, Records of Yakima County, Washington. (Yakima County Tax Parcel Number 19133-14458) EXHIBIT A 144.14 .35 n L .25 .23 #4420 i .16 35 yr slt al 72 • v lr4- 14460 1'7 .4450 .30 —� 1454? #4458 1 .40 #4545 • r .23 #4547 1TO 14462 .43 /4 11 .r• 14467 ILLO1 14463 .33 AA • .24• I• .4487 ,,,i es reproduced by United Systems Sottwere Compeny 18001 969.8727 _._ ......perry rove► 969-8727 oftwere Company (800) 969.8727 Exhibit "$" PURCHASE AND SALE AGREEMENT This Agreement is made and entered into this a' c- day of 'J , 1995, by and between PAUL L. FARRIS and GENE A. FARRIS, tenants in common, (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of Fifty -Five Thousand Dollars ($55,000.00), (hereinafter referred to as "Purchase Price"). Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ($2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said Page 1 of 8 (1s1a9r/farri_ iw balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of-way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) Satisfactory Environmental Audit and Feasibility Studies. Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; (2) deliver to Seller the Purchase Price; and Page 2 of 8 (3) issue and deliver to Purchaser the standard owner's policy of title insurance. At closing, (a) Seller shall pay the following: (1) Seller's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing. (b) Purchaser shall pay the following costs: (1) The escrow fee; (2) The cost of recording the Statutory Warranty Deed; (3) Purchaser's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing; (4) The premium for the issuance of the standard owner's policy of title insurance; and (5) The Washington State real estate excise tax, if any. Section 6. Title. Upon closing of escrow as set forth in Section 5, title to the Property shall be conveyed by Seller to Purchaser by a duly executed Statutory Warranty Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrances, exceptions, and reservations other than the following: (1) Non -delinquent real estate taxes (whether general or special); (2) Rights reserved in federal patents or state deeds; (3) Building or use restrictions consistent with current zoning, other than government platting and subdivision requirements; (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser. Page 3 of 8 Section 7. Seller's Representations. Warranties. and Indemnities. (a) Definition of "Hazardous Substance." When used in this Agreement the term "hazardous substance" shall be defined to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or toxic material, a hazardous, toxic, or radioactive substance, or other similar term, by any federal, state, or local environmental statute, regulation, or ordinance presently in effect or that may be promulgated in the future, as such statutes, regulations, and ordinances may be amended from time to time, including, but not limited to, the statutes listed below: (1) Federal Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq. (2) Federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9601 et seq. (3) Federal Clean Air Act, 42 U.S.C. § 7401-7626. (4) Federal Water Pollution Control Act, Federal Clean Water Act of 1977, 33 U.S.C. § 1257 et seq. (5) Federal Insecticide, Fungicide, and Rodenticide Act, Fed. Pesticide Act of 1978 7 U.S.C. § 13 et seq. (6) Federal Toxic Substance Control Act, 15 U.S.C. § 2601 et seq. (7) Federal Safe Drinking Water Act, 42 U.S.C. § 300(f) et seq. (8) Washington Clean Air Act, RCW Chapter 70.94. (9) Washington Solid Waste Management -Recovery and Recycling Act, RCW Chapter 70.95. (10) Washington Model Toxics Control Act, RCW Chapter 70.105D. (11) Washington Hazardous Waste Fees Act, RCW Chapter 70.105A. (12) Washington Nuclear Energy and Radiation Act, RCW Chapter 70.98. (13) Washington Radioactive Waste Storage and Transportation Act of 1980, RCW Chapter 70.99. (b) Representations and Warranties. Seller represents and warrants to Purchaser that the following are true and correct: (1) There are no hazardous substances present on or under the Property; and (2) Seller will not cause or permit any activities on the Property which directly or indirectly could result in a release of hazardous substances on or under the Property; and (3) Any hazardous substances that may have been released or present on or under the Property have been properly treated, cleaned up, removed, and disposed of in compliance with all federal, state, and local environmental statutes, regulations, and ordinances, including, but not limited to, the statutes listed in subsection (a) above; and (4) Seller has completed all remedial, cleanup, and corrective actions required pursuant to all federal, state, and local environmental statutes, Page 4 of 8 regulations, and ordinances, and in conformance with all applicable standards of professional skill, competence, and care; and (5) Seller shall at all times retain any and all liabilities arising from the off-site handling, treatment, storage, transportation, or disposal of hazardous substances by Seller. The foregoing representations and warranties shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and warranties shall not survive the closing and shall have no effect after the date of closing if Seller completes, at Seller's expense, Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. (c) Indemnities. Seller shall protect, defend, indemnify, and hold Purchaser harmless from and against any and all claims, demands, losses, liens, liabilities, penalties, fines, lawsuits, and other proceedings and costs and expenses (including attorney's fees and disbursements), which accrue to or are incurred by Purchaser on or after transfer of the Property and arise directly or indirectly from or out of, relate to, or in any way are connected with (1) any breach of the representations or warranties contained herein, (2) any activities on the Property during Seller's ownership, possession, or control of the Property which directly or indirectly result in the Property or any other property becoming contaminated with hazardous substances, and (3) the presence, discovery, or cleanup of any hazardous substances released or existing on or under the Property at any time prior to the date title is transferred to Purchaser. The foregoing indemnities shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and indemnities shall not survive the closing and shall have no effect after the date of closing if Seller completes Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. Section 8. Closing: Possession. Escrow for the Property shall close on or about September 30, 1995 after satisfaction of the conditions precedent set forth in Section 4 above. Purchaser shall have the right to take possession of the property on the date of closing. Section 9. Default: Liquidated Damages. IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE AS SET FORTH IN SECTION 5 BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER, THE ESCROW FUND SHALL BE AND REMAIN THE PROPERTY OF SELLER AS SELLER'S SOLE REMEDY AND AS LIQUIDATED DAMAGES FOR SUCH DEFAULT BY PURCHASER, AND THIS AGREEMENT SHALL BE WITHOUT ANY FURTHER FORCE AND EFFECT, AND WITHOUT FURTHER OBLIGATION OF EITHER PARTY TO THE OTHER. SELLER'S ACTUAL DAMAGES IN THE EVENT OF SUCH DEFAULT BY PURCHASER WOULD BE DIFFICULT OR IMPOSSIBLE TO Page 5 of 8 ASCERTAIN, AND FURTHER, PURCHASER DESIRES TO LIMIT ITS LIABILITY TO SELLER IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER. Section 10. Notices. Any notices required or desired to be given under this Agreement shall be in writing and personally served, given by overnight express delivery, or given by mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Paul L. Farris `2- c 0 Y- .c _ Purchaser: Title Company: (;A K (' Gene A. Farris -' r 4f1 / Se WA `7?/6 Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or Page 6 of 8 condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Section 15. Successors and Assigns. Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that neither party is relying upon any statement or representation not embodied in this Agreement, made by the other, and that this Agreement may not be changed except by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. Page 7 of 8 (18)ani/carrl: jw IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. Witness: Attest: --r;'u — /', Seal) City Clerk [PURCHASER] CITY OF YAKIMA, WASHINGTON By: Dick Zais, City Manager CITY COhTDAC7 Fio. qs— ( qS'6 T) Seller's acceptance: -S day of Property on the terms and conditions s of a copy of the Agreement, signed by both parties. cif'ed Page 8 of 8 Ilc)aer/farria ;w [SELLER] By: By: , 1995. Seller agrees to sell the herein. Seller acknowledges receipt Paul L. Farris Mrs. Paul L. Farris By: Gene A. Farris By: r%Y/ Mrs. Gene A. Farris The North 30.1 feet of the South 142.3 feet of the West 140 feet; AND the North 61.1 feet of the South 142.3 feet of the East 160 feet; AND the West 12.5 feet of the North 127.73 feet; AND the South 30 feet of the North 157.73 feet of the West 68 feet of Lot 12, CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, Washington, according to the plat thereof recorded in Volume "A" of Plats, Page 46, records of Yakima County, Washington. Situated in Yakima County, State of Washington. (Tax Parcel Number 191330-14542) EXHIBIT A 35 .337 I5 1538 15 4499 ,t5 14500 t5 1'G OI' .t5 14502 6 .15 14503 7 .t5 14504 9 .t5 14505 . 15 14506 , t5 ilt.r 11 14507 _ .30 87 pit PARK 14497 74 .15 14496 ZJ ,t5 • 22 .4495 ,• .15 14494 2/ 45 t• Di• • t 70 14493 .t5 14492 t 19 .15 '1 o 491 It .t 17 ;4490 _1 .30 1` 11• 14489 ": 15 .t5 a! re Tr 14446 14445 .31 .26 14447 • .t5 _ 14448 x .15 14545 • .23 14488 s) /4 .15 • O 1448T 1� 14547 t.8i .4443 ADD. !4 m 0 r W Yr." .4460 .16 1• 14467 .24 rr 14459 24 n • 12- i�,// 14458 .1? 14456 .21 14532 .26 4044 .4 Pt 14533 .26 rr 1LL01 .33 11 7 14450 .30 144 .15 .4452 2 /40 5 !LISA .03 .4455 .21 14461 .26 • • 1.1-88 14462 .43 410 40 14463 Aa. • • ,s fe:produeed by United Systems SoffWefe Company 18001 969•8727 mow 869-8727 ftware Company (800) 989.8727 Exhibit "B" PURCHASE AND SALE AGREEMENT This Agreement is made and entered into this ;73 day of � r° , 1995, by and between JOHN MORMON and WYLMA MORMON, husband and wife (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of Seventy -Three Thousand Five Hundred Dollars ($73,500.00) (hereinafter referred to as "Purchase Price"). Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ($2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Page 1of8 11<)aar/pureha:e s rale jw Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of-way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) Satisfactory Environmental Audit and Feasibility Studies. Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. (c) Availability of City Funding. The terms and conditions of this transaction are subject to the availability of City of Yakima funding to be derived from the issuance and sale of limited tax levy general obligation bonds. In the event that said funding is not available on the anticipated date of closing, this Agreement shall be deemed terminated forthwith. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; (2) deliver to Seller the Purchase Price; and Page 2 of 8 (1_lanr/purchase s ::ale jw (3) issue and deliver to Purchaser the standard owner's policy of title insurance. At closing, (a) Seller shall pay the following: (1) One-half of the escrow fee; (2) The premium for the issuance title insurance; (b) (3) Seller's pro rata share of real special) assessed against the Property of closing; and of the standard owner's policy of estate taxes (whether general or and due and payable for the year (4) The Washington State real estate excise tax, if any. Purchaser shall pay the following costs: (1) One-half of the escrow fee; (2) The cost of recording the Statutory Warranty Deed; (3) Purchaser's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing. Section 6. Title. Upon closing of escrow as set forth in Section 5, title to the Property shall be conveyed by Seller to Purchaser by a duly executed Statutory Warranty Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrances, exceptions, and reservations other than the following: (1) Non -delinquent real estate taxes (whether general or special); (2) Rights reserved in federal patents or state deeds; (3) Building or use restrictions consistent with current zoning, other than government platting and subdivision requirements; (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser. Section 7. Seller's Representations, Warranties. and Indemnities. (a) Definition of "Hazardous Substance." When used in this Agreement the term "hazardous substance" shall be defined to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or toxic material, a Page 3 of 8 ,,c,aor/purcha-e F :alc.jw hazardous, toxic, or radioactive substance, or other similar term, by any federal, state, or local environmental statute, regulation, or ordinance presently in effect or that may be promulgated in the future, as such statutes, regulations, and ordinances may be amended from time to time, including, but not limited to, the statutes listed below: (1) Federal Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq. (2) Federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9601 et seq. (3) Federal Clean Air Act, 42 U.S.C. § 7401-7626. (4) Federal Water Pollution Control Act, Federal Clean Water Act of 1977, 33 U.S.C. § 1257 et seq. (5) Federal Insecticide, Fungicide, and Rodenticide Act, Fed. Pesticide Act of 1978 7 U.S.C. § 13 et seq. (6) Federal Toxic Substance Control Act, 15 U.S.C. § 2601 et seq. (7) Federal Safe Drinking Water Act, 42 U.S.C. § 300(f) et seq. (8) Washington Clean Air Act, RCW Chapter 70.94. (9) Washington Solid Waste Management -Recovery and Recycling Act, RCW Chapter 70.95. (10) Washington Model Toxics Control Act, RCW Chapter 70.105D. (11) Washington Hazardous Waste Fees Act, RCW Chapter 70.105A. (12) Washington Nuclear Energy and Radiation Act, RCW Chapter 70.98. (13) Washington Radioactive Waste Storage and Transportation Act of 1980, RCW Chapter 70.99. (b) Representations and Warranties. Seller represents and warrants to Purchaser that the following are true and correct: (1) There are no hazardous substances present on or under the Property; and (2) Seller will not cause or permit any activities on the Property which directly or indirectly could result in a release of hazardous substances on or under the Property; and (3) Any hazardous substances that may have been released or present on or under the Property have been properly treated, cleaned up, removed, and disposed of in compliance with all federal, state, and local environmental statutes, regulations, and ordinances, including, but not limited to, the statutes listed in subsection (a) above; and (4) Seller has completed all remedial, cleanup, and corrective actions required pursuant to all federal, state, and local environmental statutes, regulations, and ordinances, and in conformance with all applicable standards of professional skill, competence, and care; and (5) Seller shall at all times retain any and all liabilities arising from the off-site handling, treatment, storage, transportation, or disposal of hazardous substances by Seller. Page 4 of 8 (1c)agr/purchar,. 6 vale. jw The foregoing representations and warranties shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and warranties shall not survive the closing and shall have no effect after the date of closing if Seller completes, at Seller's expense, Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. (c) Indemnities. Seller shall protect, defend, indemnify, and hold Purchaser harmless from and against any and all claims, demands, losses, liens, liabilities, penalties, fines, lawsuits, and other proceedings and costs and expenses (including attorney's fees and disbursements), which accrue to or are incurred by Purchaser on or after transfer of the Property and arise directly or indirectly from or out of, relate to, or in any way are connected with (1) any breach of the representations or warranties contained herein, (2) any activities on the Property during Seller's ownership, possession, or control of the Property which directly or indirectly result in the Property or any other property becoming contaminated with hazardous substances, and (3) the presence, discovery, or cleanup of any hazardous substances released or existing on or under the Property at any time prior to the date title is transferred to Purchaser. The foregoing indemnities shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and indemnities shall not survive the closing and shall have no effect after the date of closing if Seller completes Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. Section 8. Closing; Possession. Escrow for the Property shall close on or about September 30, 1995 after satisfaction of the conditions precedent set forth in Section 4 above. Purchaser shall have the right to take possession of the property on the date of closing. Section 9. Default; Liquidated Damages. IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE AS SET FORTH IN SECTION 5 BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER, THE ESCROW FUND SHALL BE AND REMAIN THE PROPERTY OF SELLER AS SELLER'S SOLE REMEDY AND AS LIQUIDATED DAMAGES FOR SUCH DEFAULT BY PURCHASER, AND THIS AGREEMENT SHALL BE WITHOUT ANY FURTHER FORCE AND EFFECT, AND WITHOUT FURTHER OBLIGATION OF EITHER PARTY TO THE OTHER. SELLER'S ACTUAL DAMAGES IN THE EVENT OF SUCH DEFAULT BY PURCHASER WOULD BE DIFFICULT OR IMPOSSIBLE TO ASCERTAIN, AND FURTHER, PURCHASER DESIRES TO LIMIT ITS LIABILITY TO SELLER IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER. Section 10. Notices. Any notices required or desired to be given under this Agreement shall be in writing and personally served, given by overnight express delivery, or given by mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, Page 5 of 8 (1:„gr,Pwtcho,0 s :.plc ;w return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Purchaser: Title Company: John Mormon 808 Central Avenue Yakima, WA 98901 Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Section 15. Successors and Assigns. Page 6 of 8 (le)agr/puichaoc b sale jw Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that neither party is relying upon any statement or representation not embodied in this Agreement, made by the other, and that this Agreement may not be changed except by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. Witness: Attest: Et.-i� City Clerk (Seal) [PURCHASER] CITY OF YAKIMA, WASHINGTON By: Dick Zais, City Manager .:,? CONNr.c7 o. 9s g31R-9s54t Seller's acceptance: day of 0..4t�,' , 1995. Seller agrees to sell the Property on the terms and conditions specif d herein. Seller acknowledges receipt of a copy of the Agreement, signed by both parties. Page 7 of 8 11 lagr/Purcha::Q Page 8 of 8 (1SIagr/purchase sale.jw [SELLER] By: By: PARCEL A The West 90 feet of the North 150 feet of Lot 11 of CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, according to the plat thereof recorded in Volume "A" of Plats, page 46, records of Yakima County, Washington. Assessor's Parcel No. 191330-14446 EXHIBIT A re r4 South 7th Street ST. • 1 • ,l • • 14539 4.04 2 1 CEN TRA L „• 0 V ID 14473 .16 1 • /4472 .16 ru.r• • 14474 a 16 OROC. ctMAN 14475 4 16 14476 5 16 , u /4477 • • AVE. • *4518 .15 ZJ 145/7 .15 ZZ 14316 .15 14431 • 35 ,r2 14430 t9 14432 .19 14433 19 14434 .35 ,n .0 14429 79 5, t 1a a• te, 14427 46 tt 16 6 >IiL'Aa,Ar`A 14426 46 1: 6 3 14410 .19 14411 .17 • o...... ----*' /4479 1� 8 18 *4478 ti te 44412 1 I 14480 14543 .33 . .30 J BRO ELMAN - . 14483 4 15 'Soo- Ji-� I/ .90 ; 4 • 1 4S484 ¢ Aod-moo- 2- :6 8:244346656 44633 • uu...2 /4486 t.• .23 �.1 ` Z T T 14534 .56 14413 .69 '4425 .25 72 4 1 I44Z3 \ .24 14424 .23 • 7 r♦ 144 t5 .29 rr 14414 .34 5. e 31 14418 .17 1+ry 14419 16 ,v 14420 • 16 /4537 .15 14536 Z .15 14499 J .15 t1 14115 .15 FAM 20 /4514 .13 14313 ►4500 ' VIEW - 114501 5 .15 14502 tS tom. .1S 14503 f 1f 1451? .15 6 /f 14511 •1S 16 14510 .13 1r✓ 15 14509 /4 .30 14508 , .13 .15 ►4504 .15 9 14505 • 9 .15 .1506 5 /0 tJ�•r r/ 14507 .30 r7 ' H08 HILL %0 PARK j4 1449 `1' .15 7J 14496.41 .15 2Z 14495 Iu .15 14494 Z► 15 •• -HADD. 20 14493 :t .15 14492 1 19 15 s1 re 14491 .15 4: 17 1 14490 I t` .30 ,. • 14489 • /1 .13 /4 14488 .1 .15 t3 14497 ., 15 BLVD CENTRAL AVENUE • /s- ,14441' • r ,144s 6 " 14541 26 • 14447 •IT. .15 // 14448 3 .15 14545 • 23 A ..r 14443 ADD. rrs 14460 .16 tr /4459 .741.4 /1 tes 14450 .30 14 5; .15• 14452 .15 14542 14458 1 .40 .17 • ti 14436 .21 l4434 .03 J � 14433 .21 14547 1.86 /4 14532 .26 .,/ 14533 .26, ►I yr m to �- ,. ►4467 .24 1'.'o1 .33 14461 .26 /3 frit 14462 .43 •.i ,r• 14463 .34 • • • t EXHIBIT B This form was reproduced by United Systems Software Company (BOO) 969.8127 PURCHASE AND SALE AGREEMENT THIS AGREEMENT is made and entered into this " day of 1995, by and between MYRTHIELD DENMAN (hereinafter referred to as "Seller") and the CITY OF YAKIMA, WASHINGTON, a municipal corporation of the State of Washington, whose address is 129 North Second Street, Yakima, Washington 98901 (hereinafter referred to as "Purchaser"), WITNESSETH: IT IS MUTUALLY AGREED by and between the parties hereto as follows: Section 1. Purchase and Sale of the Property. Seller hereby agrees to sell and Purchaser hereby agrees to purchase, subject to and on the terms and conditions hereinafter set forth and for the price hereinafter fixed, certain real property in Yakima, Yakima County, Washington, legally described as follows: Attached as Exhibit A. and graphically shown on the print marked Exhibit B, attached hereto and hereby made a part hereof, together with all of Seller's right, title, and interest in and to the buildings, improvements, appurtenances, and fixtures located thereon. The sale property and all improvements attached thereto shall collectively be referred to as the "Property." It is understood that the sale and conveyance made pursuant to this Agreement shall be subject to any and all applicable federal, state, and local laws, orders, rules, and regulations. Section 2. Purchase Price. The purchase price for the Property to be paid by Purchaser to Seller shall be the sum of One Hundred and Ten Thousand ($110,000.00) (hereinafter referred to as "Purchase Price"). Both parties understand that the property has an appraised value of One Hundred and Thirteen Thousand Dollars ($113,000.00). Seller shall be compensated for the additional value as follows: City will assume all real estate taxes due on the property from the date of closing; Mirthield Denman shall retain a life estate in the existing house and Parcel "A.' Mfrthield Denman agrees to forgo any and all relocation costs to which she would otherwise be entitled. City shall undertake to aid Mirthield Denman so as to meet condition (d) of Section 4 of this Agreement. City shall pay all fees reasonably necessary to achieve condition (d) of Section 4. Page 1 of 9 Section 3. Payment of the Purchase Price. The Purchase Price shall be paid by Purchaser to Seller as follows: (a) Within twenty (20) days of execution of this Agreement by all parties, the sum of Two Thousand Dollars ($2,000.00), in cash or by City of Yakima Warrant, shall be deposited with Fidelity Title Insurance Company, 406 North 2nd Street, Yakima, Washington 98901 (hereinafter referred to as "Title Company") [this deposit and accrued interest thereon shall hereafter be referred to as "Escrow Fund"]; and (b) At the time of closing of escrow, Purchaser shall pay to Seller the balance of the Purchase Price in cash or by City of Yakima Warrant. Said balance shall be deposited by the City of Yakima with Fidelity Title Insurance Company and distributed to Seller in accordance with Section 5 hereof. Section 4. Conditions Precedent to Sale. This Agreement is subject to the following express conditions precedent, and Purchaser shall not be obligated to purchase the Property until all of the following conditions precedent are satisfied in the manner set forth below: (a) Clear Title. At or before time of closing, Seller shall clear any and all defects in the title and all liens, encumbrances, covenants, rights-of- way, easements, or other outstanding rights disclosed by the preliminary title report, except those matters set forth in Section 6. (b) Satisfactory Environmental Audit and Feasibility Studies. Upon execution of this Agreement, Purchaser, and its agents and subcontractors, are granted the privilege of entering upon the Property for the purpose of performing environmental audits, soil tests, asbestos tests, engineering and feasibility studies, and such other studies as Purchaser may deem necessary to determine the suitability of the Property for the purpose for which Purchaser desires to purchase the same. Purchaser shall at a minimum complete a Phase I environmental audit of the property. The results of such audits, tests, and studies must be determined to be satisfactory in Purchaser's opinion, and Purchaser shall make said determination within sixty (60) days after the date of Seller's acceptance of this Agreement. (c) Availability of City Funding. The terms and conditions of this transaction are subject to the availability of City of Yakima funding to be derived from the issuance and sale of limited tax levy general obligation bonds. In the event that said funding is not available on the anticipated date of closing, this Agreement shall be deemed terminated forthwith. Page 2 of 9 (d) Lot Line Adjustment. Seller shall have the current lot lines redrawn so as to create the two (2) parcels which are subject to this Agreement. Such lot line adjustment shall be completed prior to closing. In the event that any one of the foregoing conditions precedent is not satisfied in the manner set forth above, then the Escrow Fund shall be returned to Purchaser, and this Agreement shall terminate and be without any further force and effect, and without further obligation of either party to the other. Section 5. Escrow. Within twenty (20) days of execution of this Agreement by all parties, an escrow account shall be opened with Fidelity Title Company, and Purchaser shall thereupon deposit with the Title Company the sum of Two Thousand Dollars ($2,000.00), with instructions to Title Company to hold the same in accordance with the provisions of this Agreement. On or before the date of closing of escrow, Purchaser shall deposit with Title Company the Purchase Price, less the Escrow Fund, and Seller shall deposit therein a duly executed Statutory Warranty Deed for the Property. Title Company shall be instructed that when it is in a position to deliver to Seller the Purchase Price, and to issue an American Land Title Association standard form of owner's or purchaser's policy of title insurance in the full amount of the Purchase Price, insuring fee simple title to the Property in Purchaser, subject only to the items set forth in Section 6, Title Company shall: (1) deliver and record the Statutory Warranty Deed to Purchaser; (2) deliver to Seller the Purchase Price; and (3) issue and deliver to Purchaser the standard owner's policy of title insurance. At closing, (a) Seller shall pay the following: (1) One-half of the escrow fee; (2) The premium for the issuance of the standard owner's policy of title insurance; (3) Seller's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing; and (4) The Washington State real estate excise tax, if any. Page 3 of 9 (b) Purchaser shall pay the following costs: (1) One-half of the escrow fee; (2) The cost of recording the Statutory Warranty Deed; (3) Purchaser's pro rata share of real estate taxes (whether general or special) assessed against the Property and due and payable for the year of closing. Section 6. Title. Upon closing of escrow as set forth in Section 5, title to the Property shall be conveyed by Seller to Purchaser by a duly executed Statutory Warranty Deed. Title to the realty shall be in fee simple and clear of all liens, encumbrances, exceptions, and reservations other than the following: (1) Non-delinquent real estate taxes (whether general or special); (2) Rights reserved in federal patents or state deeds; (3) Building or use restrictions consistent with current zoning, other than government platting and subdivision requirements; (4) Utility easements; (5) Items disclosed in the preliminary title report and expressly approved in writing or waived in writing by Purchaser; (6) Seller shall retain life estate to Parcel "A" in herself. Section 7. Seller's Representations, Warranties, and Indemnities. (a) Definition of "Hazardous Substance." When used in this Agreement the term "hazardous substance" shall be defined to mean any substance or material defined or designated as hazardous or toxic waste, hazardous or toxic material, a hazardous, toxic, or radioactive substance, or other similar term, by any federal, state, or local environmental statute, regulation, or ordinance presently in effect or that may be promulgated in the future, as such statutes, regulations, and ordinances may be amended from time to time, including, but not limited to, the statutes listed below: (1) Federal Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq. (2) Federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9601 et seq. (3) Federal Clean Air Act, 42 U.S.C. § 7401-7626. Page 4 of 9 (4) Federal Water Pollution Control Act, Federal Clean Water Act of 1977, 33 U.S.C. § 1257 et seq. (5) Federal Insecticide, Fungicide, and Rodenticide Act, Fed. Pesticide Act of 1978 7 U.S.C. § 13 et seq. (6) Federal Toxic Substance Control Act, 15 U.S.C. § 2601 et seq. (7) Federal Safe Drinking Water Act, 42 U.S.C. § 300(f) et seq. (8) Washington Clean Air Act, RCW Chapter 70.94. (9) Washington Solid Waste Management-Recovery and Recycling Act, RCW Chapter 70.95. (10) Washington Model Toxics Control Act, RCW Chapter 70.105D. (11) Washington Hazardous Waste Fees Act, RCW Chapter 70.105A. (12) Washington Nuclear Energy and Radiation Act, RCW Chapter 70.98. (13) Washington Radioactive Waste Storage and Transportation Act of 1980, RCW Chapter 70.99. (b) Representations and Warranties. Seller represents and warrants to Purchaser that the following are true and correct: (1) There are no hazardous substances present on or under the Property; and (2) Seller will not cause or permit any activities on the Property which directly or indirectly could result in a release of hazardous substances on or under the Property; and (3) Any hazardous substances that may have been released or present on or under the Property have been properly treated, cleaned up, removed, and disposed of in compliance with all federal, state, and local environmental statutes, regulations, and ordinances, including, but not limited to, the statutes listed in subsection (a) above; and (4) Seller has completed all remedial, cleanup, and corrective actions required pursuant to all federal, state, and local environmental statutes, regulations, and ordinances, and in conformance with all applicable standards of professional skill, competence, and care; and (5) Seller shall at all times retain any and all liabilities arising from the off-site handling, treatment, storage, transportation, or disposal of hazardous substances by Seller. The foregoing representations and warranties shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and warranties Page 5 of 9 shall not survive the closing and shall have no effect after the date of closing if Seller completes, at Seller's expense, Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. (c) Indemnities. Seller shall protect, defend, indemnify, and hold Purchaser harmless from and against any and all claims, demands, losses, liens, liabilities, penalties, fines, lawsuits, and other proceedings and costs and expenses (including attorney's fees and disbursements), which accrue to or are incurred by Purchaser on or after transfer of the Property and arise directly or indirectly from or out of, relate to, or in any way are connected with (1) any breach of the representations or warranties contained herein, (2) any activities on the Property during Seller's ownership, possession, or control of the Property which directly or indirectly result in the Property or any other property becoming contaminated with hazardous substances, and (3) the presence, discovery, or cleanup of any hazardous substances released or existing on or under the Property at any time prior to the date title is transferred to Purchaser. The foregoing indemnities shall survive the closing and continue to be effective for a period of five (5) years after the date of closing; provided, however, that the foregoing representations and indemnities shall not survive the closing and shall have no effect after the date of closing if Seller completes Phase I and Phase II Environmental Audits, and the results of said Environmental Audits are determined to be satisfactory by Purchaser. Section 8. Closing; Possession. Escrow for the Property shall close on or about January 6, 1996 after satisfaction of the conditions precedent set forth in Section 4 above. Purchaser shall have the right to take possession of the property on the date of closing. Section 9. Default; Liquidated Damages. IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE AS SET FORTH IN SECTION 5 BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER, THE ESCROW FUND SHALL BE AND REMAIN THE PROPERTY OF SELLER AS SELLER'S SOLE REMEDY AND AS LIQUIDATED DAMAGES FOR SUCH DEFAULT BY PURCHASER, AND THIS AGREEMENT SHALL BE WITHOUT ANY FURTHER FORCE AND EFFECT, AND WITHOUT FURTHER OBLIGATION OF EITHER PARTY TO THE OTHER. SELLER'S ACTUAL DAMAGES IN THE EVENT OF SUCH DEFAULT BY PURCHASER WOULD BE DIFFICULT OR IMPOSSIBLE TO ASCERTAIN, AND FURTHER, PURCHASER DESIRES TO LIMIT ITS LIABILITY TO SELLER IN THE EVENT THE SALE AND PURCHASE OF THE PROPERTY SHALL FAIL TO CLOSE BECAUSE OF ANY DEFAULT OF PURCHASER HEREUNDER. Section 10. Notices. Page 6 of 9 Any notices required or desired to be given under this Agreement shall be in writing and personally served, given by overnight express delivery, or given by mail. Any notices given by mail shall be sent, postage prepaid, by certified mail, return receipt requested, addressed to the party to receive at the following address or at such other address as the party may from time to time direct in writing: Seller: Mirthield Denman 814 Central Avenue Yakima, WA 98901 Purchaser: Mr. R. A. Zais, Jr. City Manager City of Yakima 129 North Second Street Yakima, WA 98901 Title Company: Fidelity Title Company 406 North 2nd Street Yakima, WA 98901 Express delivery notices shall be deemed to be given upon receipt. Postal notices shall be deemed to be given three (3) days after deposit with the United States Postal Service. Copies of all notices to Seller or Purchaser shall be given to Fidelity Title Company, and copies of all notices to Fidelity Title Company shall be given to the other party to this Agreement. Section 11. Assignment. Purchaser shall not transfer or assign this Agreement, or any interest therein, without the consent in writing of Seller, and it is agreed that any such transfer or assignment, whether voluntary, by operation of law or otherwise, without such consent in writing, shall be absolutely void and shall, at the option of Seller, terminate this Agreement. Section 12. Waiver of Breach. A waiver by either party hereto of a breach of the other party hereto of any covenant or condition of this Agreement shall not impair the right of the party not in default to avail itself of any subsequent breach thereof. Leniency, delay or failure of either party to insist upon strict performance of any agreement, covenant or condition of this Agreement, or to exercise any right herein given in any one or more instances, shall not be construed as a waiver or relinquishment of any such agreement, covenant, condition or right. Section 13. Time of the Essence. Time is of the essence of this Agreement. Page 7 of 9 Section 14. Law Governing. This Agreement shall be governed in all respects by the laws of the State of Washington. Section 15. Successors and Assigns. Subject to the provisions of Section 11, this Agreement shall be binding upon and inure to the benefit of the parties hereto, their successors, and assigns. Section 16. Personal Property. The buildings, structures, and other improvements on the Property may, at Seller's option, be removed from said Property prior to closing; provided, however, that Seller shall clear, grade, and clean up said Property in accordance with all federal, state, and local laws and in conformance with accepted cleanup standards and all applicable standards of professional skill, competence, and care. Purchaser shall receive a credit for the fair market value of any buildings, structures, and other improvements removed by Seller, which credit shall be applied to reduce the Purchase Price balance due at closing. In the event of such removal, Seller shall cap off and seal all utility connections in conformance with all applicable standards of professional skill, competence, and care, including, but not limited to, the Uniform Building Code so that Purchaser will be able to readily use said utility connections. Section 17. Entire Agreement. It is understood and agreed that all understandings and agreements, whether written or oral, heretofore had between the parties hereto are merged in this Agreement, which alone fully and completely expresses their agreement, that neither party is relying upon any statement or representation not embodied in this Agreement, made by the other, and that this Agreement may not be changed except by an instrument in writing signed by both parties. Section 18. Litigation. In the event that any suit or action is instituted by either party to enforce compliance with or interpret any of the terms, covenants, or conditions of this Agreement, the prevailing party shall be entitled to collect, in addition to necessary court costs, such sums as the court may adjudge as reasonable attorney fees. The venue for any such action to enforce or interpret this Agreement shall lie in the Superior Court of Washington for Yakima County, Washington. Section 19. Seller enters into this Agreement under imminent threat of condemnation by Purchaser. Seller understands that Purchaser has taken legislative action to initiate condemnation proceedings against the Property. Page 8 of 9 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first herein written. [PURCHASER] Witness: CITY OF YAKIMA, WASHINGTON By: ` Dick Zais, City Manager Attest: ,� /cam (Seal) City Clerk Seller's acceptance: . 1 day of /,' _ _ _ , 1995. Seller agrees to sell the Property on the terms and conditions specified herein. Seller acknowledges receipt of a copy of the Agreement, signed by both parties. [SELLER] Witness: - By: MMrthield Denman Page 9 of 9 PARCEL A The north 127 feet of the east half of Lot 11, CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, Washington, according to the plat thereof recorded in Volume "A" of Plats, page 46, Records of said County. (Tax Parcel Number 191330-14443) PARCEL B The east half of Lot 11, CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, Washington, according to the plat thereof recorded in Volume "A" of Plats, page 46, Records of said County, EXCEPTING THEREFROM the South 2 feet and EXCEPTING THEREFROM the North 127 feet; and the South 70 feet of the East 25 feet of the West one half of Lot 11, CENTRAL PARK ADDITION TO THE CITY OF NORTH YAKIMA, now Yakima, Washington, according to the plat thereof recorded in Volume "A" of Plats, page 46, Records of said County. EXHIBIT A N I1425 (.O\ .24 . 14415 I c -t` �.. 144 .4 r(V 23 29 oii I s< a 72 .T s r. PS 3C 4' 1 . 1 ....... 1 A RK A - LAb 14,44 b . iT �t r° 7f' itl.r yr.f l!" i< 14 • 14460 ' 14446 144451::::: 1'•459 . 34 96 : . f6 ... 31 .26 ��. ti 24 144 i5 t • 14443 k ' i5-7214 4 • . 15 4l / i146 /2 14447 • ia5 14448 • — 14458 I .36 ?3 : I • ' 5 . tT 14545 • in 14456 h i�c43t .11� 2 . _ . 23 ' 1 ADD. . 2i 14 4 t _ . 2 s 1446 14532 /4533 . 7. 6 t 14547 . 26 . 26 •ro • I . 86 t 144E . /4 �- 70 ,r �s �,j .43 .7 co 14467 14530 14 531 fro v `° . 24 . 26 .26 1446 • , 341 'II • . .• . - '•. 0 ) P)(HINNT