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066-22 - Resolution - Purchase of Property for Bay St. Pedestrian PathwayDocuSign Envelope ID: 912EA561-244F-418C-B630-AB2680F089A7 RESOLUTION NO. 066-22 A RESOLUTION OF THE CITY OF PORT ORCHARD, WASHINGTON, AUTHORIZING THE PURCHASE OF KITSAP COUNTY TAX PARCEL NOS. 4027-032-001-0102 AND 4027-023-018-0003 FOR THE BAY STREET PEDESTRIAN PATHWAY PROJECT AND THE PAYMENT OF ALL ELIGIBLE RELOCATION BENEFITS ASSOCIATED WITH THE PURCHASE, AND AUTHORIZING THE MAYOR TO EXECUTE ALL NECESSARY DOCUMENTS TO EFFECTUATE TRANSACTIONS. 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 Acquisition Procedures and Relocation Assistance Program, the City's Right of Way Acquisition and Relocation Consultant, Tierra Right of Way Services, Ltd., has negotiated the terms of purchase by the City of real property located at 1777 Bay Street, Kitsap County Tax Parcel Nos. 4027-032-001-0102 and 4027-023-018-0003 (the "Property"); and WHEREAS, the consultant 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 Nos. 4027- 032-001-0102 and 4027-023-018-0003 for the Bay Street Pedestrian Pathway, for a Total Acquisition Payment not to exceed $735,000, inclusive of the payment of additional associated incidentals/closing costs/escrow fees in an amount not to exceed $10,000.00, 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. DocuSign Envelope ID: 912EA561-244F-418C-B630-AB2680F089A7 Resolution No. 066-22 Page 2 of 2 THAT: The City Council authorizes Relocation Payments pursuant to the Relocation Assistance Program in the amounts not to exceed the following and authorizes the Mayor or designee to execute all necessary documents to effectuate these payments: $1,683.53 for inspections of possible replacement properties during the replacement property search process; and $682,515.90 for actual replacement housing payment, (at the time of adoption of this Resolution Incidentals/Closing Costs estimated at $1,515.50, plus a purchase price differential $676,000.00, for an estimated total of $677,515.90, plus the payment of additional associated incidentals/closing costs/escrow fees, if any, in an amount not to exceed $5,000, for a total authorized amount not to exceed $682,515.90). THAT: The City Council authorizes and ratifies the Moving Benefit Payment in the amount of $7,400.00, pursuant to the Relocation Assistance Program; 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 12t" day of July 2022. DocuSigned by: �obLYf P4M&SWti L F69E88B5DOE74EF... Robert Putaansuu, Mayor ATTEST: Ff DocuSigned by: VAJAJe UJALUt, Ub4 4- Brandy Wallace, MMC, City Clerk