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028-22 - Resolution - Purchase of Property for Bay Street Pedestrian PathwayDocuSign Envelope ID: 2AEDOF3C-3470-456C-87A3-C61069AC7D92 RESOLUTION NO. 028-22 A RESOLUTION OF THE CITY OF PORT ORCHARD, WASHINGTON, AUTHORIZING THE PURCHASE OF KITSAP COUNTY TAX PARCEL NO. 4027-022-001-0004 FOR BAY STREET PEDESTRIAN PATHWAY PROJECT, AND AUTHORIZING THE MAYOR TO EXECUTE ALL NECESSARY DOCUMENTS TO EFFECTUATE PURCHASE. WHEREAS, the City has identified the need to acquire real property to support the construction of the Bay Street Pedestrian Pathway Project (the "Project"); and WHEREAS, in accordance with the City's Relocation Assistance Program, the City's consulting Relocation Agent, Tierra Right of Way Services, Ltd., has negotiated the terms of purchase by the City of real property located at 1699 Bay Street, Kitsap County Tax Parcel No. 4027-022-001-0004 (the "Property"); and WHEREAS, Tierra has identified the requisite relocation assistance benefits owing to the owner of the Property, and staff has reviewed and approved those determinations, in conjunction with the Washington State Department of Transportation, Local Programs, serving as Contract Administrator for the Project; and WHEREAS, the Port Orchard City Council finds it is in the best interest of the City to authorize the acquisition of the Property for fair market value and authorize all associated relocation payments consistent with the City's Relocation Assistance Program; now, therefore, THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: THAT: It is the intent of the Port Orchard City Council that the recitals set forth above are hereby adopted and incorporated as findings in support of this Resolution. THAT: The City Council authorizes the acquisition of Kitsap County Tax Parcel 4027-022- 001-0004 For Bay Street Pedestrian Pathway in the Total Acquisition Payment of $520,899.25, and authorizes the Mayor to execute all necessary documents to effectuate the purchase, including but not limited to: a) the Real Estate Purchase and Sale Agreement, b) the Warranty Deed, c) the Real Property Voucher and d) the Real Estate Excise Tax Affidavit form. THAT: The City Council authorizes and ratifies the Relocation Payment in the amount of $386,118.03, pursuant to the Relocation Assistance Program; and THAT: The City Council authorizes and ratifies the Moving Benefit Payment in the amount of $5,000.00, pursuant to the Relocation Assistance Program; and DocuSign Envelope ID: 2AEDOF3C-3470-456C-87A3-C61069AC7D92 Resolution No. 028-22 Page 2 of 2 THAT: The City Council authorizes the payment of all associated closing costs/escrow fees for the above in an amount not to exceed $25,000; and PASSED by the City Council of the City of Port Orchard, SIGNED by the Mayor and attested by the City Clerk in authentication of such passage on this 22nd day of March 2022. DocuSigned by: 96bt Yf P4alai&SWu . E88855DOE77 ... Robert Putaansuu, Mayor ATTEST: DocuSigned by: 6VAJAJ� 9Jd V)- Brandy Wallace, MMC, City Clerk