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061-17 - Resolution - Declaring 640 Bay Street as SurplusRESOLUTION NO. 061-17 A RESOLUTION OF THE CITY OF PORT ORCHARD, WASHINGTON DECLARING REAL PROPERTY OWNED BY THE CITY, LOCATED AT 640 BAY STREET (PARCEL NO. 4650- 009-006-0208), SURPLUS TO THE NEEDS OF THE CITY AND AUTHORIZING ITS SALE. WHEREAS, the City of Port Orchard owns real property located at 640 Bay Street at the southwest corner of the intersection of Bay Street (SR-166) and Frederick Street, the southern boundary of which abuts Prospect Street, and identified as Parcel No. 4650-009-006-0208 (the "Property"); and i WHEREAS, the City acquired the Property, which is vacant, as part of a code enforcement action related to a structure fire, and for the purposes of future development in downtown Port Orchard, for the amount of $140,421 and Quit Claim Deed to the City on October 13, 2015; and WHEREAS, in 2014 the City identified future administrative facilities needed to accommodate the rapid growth of the City; and WHEREAS, upon its purchase in 2015, the 640 Bay Street property was identified as a future administrative facility site and added to the 2014-2020 Capital Facility Comprehensive Plan; and WHEREAS, in 2017, the City identified a property located at 720 Prospect that could more cost effectively meet the administrative facility needs of the City than the 640 Bay Street property; and WHEREAS, the City has determined that the 640 Bay Street property is no longer an advantageous site for an administrative facility and will be removed from the Capital Facilities Comprehensive Plan in November 2017; and WHEREAS, the City has determined the site is not useful for future municipal development and/or purposes; and WHEREAS, the original purchase of 640 Bay Street was acquired with Real Estate Excise Tax Funds; and WHEREAS, the proceeds of the sale will be placed in the Capital Construction Fund No.302 for future capital facilities purposes/needs; and WHEREAS, upon the Property being declared as surplus to the City's needs, the City intends to issue a request for proposals for its sale; now, therefore, Resolution No. 061-17 Page 2 of 2 THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: 1. Recitals. The recitals set forth above are hereby incorporated by reference as if set forth fully herein. 2. Declaration of Surplus. The above referenced Property is hereby declared to be surplus to the needs of the City. 3. Authorization for Sale. The Mayor or their designee is authorized to offer the Property for sale through a Request for Proposals (RFP) process. The Property shall be appraised by a qualified appraiser to determine its fair market value. The Property shall be sold for fair market value, and upon such terms and conditions as are deemed acceptable to the City. 4. Severability. If any one or more sections, subsections, or sentences of this Resolution are held to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portion of this Resolution and the same shall remain in full force and effect. 5. Effective Date. This Resolution shall take effect immediately upon its passage. 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 this 14th day of November 2017. Robert Putaansuu, Mayor ATTEST: I I•: seal :•Brandy Rinearson, CMC, City Clerk = :. =%si\ #•>/