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095-22 - Randy Jones and Franklin Rusk - ContractDocuSign Envelope ID: E860F793-96CE-48AC-8385-86OC2C822010 Contract No. 095-22 REAL ESTATE PURCHASE AND SALE AGREEMENT THIS REAL ESTATE PURCHASE AND SALE AGREEMENT (hereinafter "Agreement") is entered into by and between Randy A. Jones and Franklin Joseph Rusk (hereinafter "Seller") and the City of Port Orchard, hereinafter referred to as "AGENCY", a municipal corporation and political subdivision of the state of Washington (hereinafter "Purchaser"). Seller and Purchaser may hereinafter collectively be referred to as "Parties" or individually as a "Party." AGREEMENT FOR AND IN CONSIDERATION of the mutual promises and covenants contained herein, the sufficiency of which is unconditionally acknowledged by Seller and Purchaser, the Parties agree as follows: 1. The Property. Seller is the sole owner in fee simple of certain real property located in Pierce County, Washington identified by parcel number 4027-032-001-0102 & 4027-023- 018-0003 and legally described on the attached Exhibit A (the Property). 2. Purchase and Sale. Seller shall sell and convey to Purchaser, and Purchaser shall purchase and accept from Seller, upon the terms, covenants, and conditions set forth in this Agreement, all of Seller's right, title, and interest in and to the Property, including all after - acquired property. Seller warrants that Seller has full right, title, authority, and capacity to execute this Agreement and sell the Property. Purchaser warrants that Purchaser has full right, title, authority, and capacity to execute this Agreement and purchase the Property. 3. Purchase Price and Payment. The total purchase price for the Property (hereinafter "Purchase Price") is Seven Hundred and Twenty Five Thousand Dollars NO/100 ($725,000) Dollars and shall be paid by Purchaser to Seller by cashier's check, certified check, or wire transfer of immediately available funds to Seller at closing. 4. Conveyance of Title. Seller shall convey title to the Property legally described on the attached Exhibit A to Purchaser by Statutory Warranty Deed (hereinafter "Deed"). 5. Closing; Possession. Closing shall occur upon payment of the Purchase Price to Seller from Purchaser and delivery of the!exeqWed Dited from Seller to Purchaser (hereinafter "Closing Date"), but in no event later than 2. The Parties agree to execute any and all documents necessary to effectuate the intent of this Agreement. Purchaser shall be entitled to possession of the Property legally described on the attached Exhibit A as of the Closing Date. 6. Approval by the City of Port Orchard. The Parties acknowledge that this Agreement shall not be deemed accepted by or binding on the Purchaser until approved by the City of Port Orchard, in an open public meeting. 7. Risk of Loss. Risk of loss of or damage to the Property shall be borne by Seller until the Closing Date. Thereafter, Purchaser shall bear the risk of loss. In the event of material loss of or damage to the Property prior to the Closing Date, Seller shall promptly notify Purchaser in writing and Seller shall not be obligated to restore the Property nor pay damages to Purchaser by reason of such loss or damage. Upon receipt of written notice pursuant to Page 1 of 6 DocuSign Envelope ID: E860F793-96CE-48AC-8385-86OC2C822010 Section 10 below, Purchaser may within five (5) business days terminate this Agreement by giving written notice of such termination to Seller and such termination shall be effective immediately; provided, however, that Purchaser may elect to purchase the Property in the condition then existing; provided that, Purchaser delivers notice of such election pursuant to Section 10 below within five (5) business days of receipt of Seller's notice of a material loss of or damage to the Property as provided for in this Section 8. 8. Closing Costs & Prorations. Seller shall pay its own attorney fees. Purchaser shall pay the cost of recording the Deed, its own attorney fees, and all other costs and expenses allocated to Purchaser and Seller pursuant to the terms of this Agreement; excepting only the Seller's payment of its own attorney fees as provided for above in this Section 8 and any prorations for which it is responsible pursuant to the following sentence. Any taxes, liens, assessments, insurance, or charges imposed by law upon the Property shall be prorated as of the Closing Date, with such prorations to be a final settlement between the Parties. 9. Notices. Except as specifically set forth herein, any demand, request or notice which either Party desires or may be required to make or deliver to the other shall be in writing and shall be deemed given when personally delivered, or when delivered by private courier service (such as Federal Express), or three days after being deposited in the United States Mail first class, postage prepaid and addressed as follows: PURCHASER SELLER City of Port Orchard, Public Works Randy A. Jones and Franklin Joseph Department Rusk 216 Prospect St 1777 Bay St. Port Orchard, WA 98366 Port Orchard, WA 98366 The foregoing addresses may be changed by written notices to the other party as provided herein. 10. Time. Time is of the essence in every provision herein contained. 11. Binding Agreement. This Agreement shall inure to the benefit of and be binding upon the heirs, personal representative, successors, and assigns of the Parties. 12. Attorneys' Fees. In the event of any litigation regarding the rights and obligations of the parties under this Agreement, the prevailing party shall recover its costs and attorneys' fees, including such costs and attorneys' fees for appeals. 13. Negotiation and Construction. This Agreement was negotiated by the Parties and shall be construed according to its fair meaning and not strictly for or against either Party. 14. Entire Agreement. This Agreement contains the entire understanding between the Parties and supersedes any prior understandings and agreements between them regarding the subject matter hereof. There are no other representations, agreements, or understandings, oral or written, between the Parties relating to the subject matter of this Agreement. No amendment of, or supplement to, this Agreement shall be valid or effective unless made in writing and executed by the Parties. 15. Counterparts. This Agreement may be signed in two or more counterparts, which taken together shall constitute the complete Agreement. Page 2 of 6 DocuSign Envelope ID: E860F793-96CE-48AC-8385-86OC2C822010 16. Invalid Provision. If any provision of this Agreement is held to be illegal, invalid or unenforceable under present or future laws, such provision shall be fully severable; this Agreement shall be construed and enforced as if such illegal, invalid or unenforceable provision had never comprised a part of this Agreement; and the remaining provisions of this Agreement shall remain in full force and effect and shall not be affected by such illegal, invalid or unenforceable provision or by its severance from this Agreement. [SIGNATURES & ACKNOWLEDGEMENTS APPEAR ON FOLLOWING PAGES] Page 3 of 6 DocuSign Envelope ID: E860F793-96CE-48AC-8385-86OC2C822010 PURCHASER'S SIGNATURE PAGE A pro Us.d a bto legal form only: t4 2A&41'e'r Ci Attorney rain y Rinear n, LMC City Clerk Final Action: 0. Robert Putaansuu Mayor - = �•� �•�- = SEAL STATE OF WASHINGTON �fr ail ) ss COUNTY OF KITSAP ) Date: 7/13/2022 Date: I _ ( - � Date: 1� e On this J ,3 day of ,j (j I , 2022, before me, the undersigned, a notary �' blic in and for the state of Washington, duly commissioned and sworn, personally appeared f-A I-Z)J {ay-),X known to me to be the Mayor of the City of Port Orchard, Washington, a municipal corporation and political subdivision of the state of Washington, who executed the within and foregoing instrument and acknowledged the said instrument to be the free and voluntary act of said municipal corporation for the uses and purposes therein mentioned, and on oath stated that he is authorized to execute the said instrument. In witness whereof, l have hereunto set my hand and affixed my official seal the day and year first above written. GIVEN under my hand and official seal the day and year last above written. ►►i�llllilrrrl tary Public in and for th tate of ashington, residing at -[ .n jO 8fL I CVIy commission expires &NZJTfIt}4S "min 5 Page 4 of 6 DocuSign Envelope ID: E860F793-96CE-48AC-8385-86OC2C822010 SELLER'S SIGNATURE E Randy A.Jones r--- Frank i eph Rusk STATE OF WASHINGTON ) ) ss. COUNTY OFJ I the undersigned, a Notary Public, do hereby certify that on this day of � j , 2022, personally appeared before me, Randy A. Jones and Franklin Joseph Rus , to m known to be the individuals described in and who executed the within instrument, and acknowledged that they signed the same as their free and voluntary act and deed for the uses and purposes therein mentioned. Given under my hand and official seal the day and year in this certificate above written. Notary Pi , ' in and for the qtate of Nul,; Printed Name: MARGARV R BAILEY/ Roldin NOTARY PU91.iC #4909 at EL. _CC STATE OF WABHMr(;ii'QM My commission expires COMWSS1QM!E"xPlREl s FEBRbARY 13, 2M Page 5 of 6 DocuSign Envelope ID: E860F793-96CE-48AC-8385-86OC2C822010 EXHIBIT A PARCEL NO.4027.032.001-0102 8 4027-023-018-003 LEGAL ❑ESCRIP770M PER LAND TITLE CO.WANY OF KITSAP COLWTY ORDER NO E•23580E. DATED JANVARY 23. XIS) LOTISI 1 AND :, BLOCK K SIDNEY TILIELANDS. ACCORDING TO THE MAP ON FILE IN THE OFFICE OF THE COMWSSIONER OF PUBLIC LANDS. OLYUPIA. WA . TIDELAAD LOTIS� I AND Z BLOCK 32. PLAT OF ANNAPOLIS. ACCORDWG TO THE PLA TRECORDED IN VOLUME I OF PLATS. PAGE(S) $4. RECORDS OF ► ITSAP COUNTY. WASHINGTON; TOGETHER WITH THAT PORTION OF GOVERNMENT LOT 3. AND THE FIRST CLASS COUNTY, WASHINGTON. ❑ESCRfBED AS FOLLOWS, OOMMEAICWG AT THE SOUTHEAST CORNER OF LOT I. BLOCK 23. PLAT OF ANNAP0411 ACCORDING TO THE PLAT RECORDED IN VOLLMAE I OF FLATS. PAGE(SI 64 RECORDS OF KITSAP COUNTY, WASHWO TON, WHICH NE TRLtE POINT OF SEOWNWO,, THENCE 85 FEET NORTHEASTERL Y ALONG THE WES T INAP6)lh CIF BAY STREET RIGHT-OF•IVA Y THENCE 35 FEET SOUTHEASTERLY ALONG A LINE PERPEND$CULAR TO THE WESTUAR W OF SAID 84Y STREET THENCE 85 FEET SOUTHMSTERLY ALONG ALINE PARALLEL TOW WEST MARGIN OF SAO BAY STREET THFJYCE 35 FEET NORTNWESTERLYALONG A LINE WHICH oS PERPENDICULAR TO TKE WEST WROIN OF SAID SAYS TREET TO THE TRUE POINT OF BEGINNi NG AND TOGETHER WITH TIME UVOMED RtOHT OF•WAY WHICH IS KIST OF SAY STREETAND IS BETWEEN BL=S 23 AND 3Z SIDNEY TIDELANDS. AS IN PORT ORCHARD ORDINANCE NO 1603 AND AS CORRECTED BY ORDINANCE NO.023-09 RECORDED UNDER AUDITOR'S FILE NO 20M825OOfO TOGETHER WITH. ALL OFLOT I BLOCK 23. ACCORDING TO THE PLAT OF SNORE AND TIDELANDS OF SIDNEY ON FILE IN THE OFFICE OF THE DEPARTMENT OF RESCIVRCES OF THE STATE OF WASMNOTON. AT OCYMPIA. WASHINGTON TOGETHER WITH THE UN-hAMED RIGHT OF -WA Y WHICH IS WEST OF DAY STREET AND BETWEEN BLOCKS 23 AND 3Z SIDNEY TIDELANDS. AS VACATED PER ORDINANCE NO. 1603, DA TED APRIL rf. is4. m/0- -mi. Page 6 of 6