7b - Snyder Property Acquisitions for Open Space ConservationCITY OF
Federal Wa
Snyder Conservation Property Purchase
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PROJECT LOCATION
Snyder Property
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CIT
Federal Wa
Snyder Property Acquisition
• POLICY QUESTION: Should the Council authorize the Mayor to
purchase the Snyder property, consisting of a single 6.9 acre parcel,
for $120,000 plus appropriate closing costs?
2
Public Works:
i Streets *Traffic 9 Development Services
Solid Waste - Surface Water Management
CIT
Federal Wa
Snyder Property Acquisition 'Snyder Property Conservation Acquisition
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• 6.9 acre parcel
• Approx. 6.8 acres of wetlands, stream and
buffers
�5356TH -
PARCELS —' ' t
1 1 5359TR PARCELS.E-._,
• Approx. 270 LF West Hylebos Creek crosses
the property
• Southern border is SWM Conservation SNYDER KWON
Y SPRING VALLEY
j OPEN SPACE
Property (KWON) PROPERT'
• Property essential to provide a continuous `� 2
protected reach of the West Fork of the West rtFh'
Hylebos Creek and expand the opportunity for " L _ P ] FRIDGES
future Hylebos Trail system y.
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CARBON ,
JU5TICE ENTICKNP.P
• Phase 1 ESA— complete F771
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• Appraisal — complete'.., - ' J
7 Legend
SWM sue" ,a�a
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nservation Parcels WSDOT
• Wetland Delineation — complete 1 �� Mfl—i. ar°e's
-� Watlarda
aoc ec; mac ��` City Park
CIT
Federal Wa
Snyder Property Acquisition
Acquisition Cost Overview
— Property (Appraised value)
$1201000.00
— Closing Costs (Est) $ 1080.00
Total
$1215080.00*
Grant funding from King County Conservation Futures was requested in the 2016
funding cycle. If the grant is awarded, it will cover 50% of the all costs associated with
the purchase of the property.
Funding
- SWM Utlllty(CIP #271 W Hylebos Property Acquisition) $121,080.00*
Total Available in 2016 Budget
$2809000.00
E
CIT
Federal Wa
Snyder Property Acquisition
MAYORS RECOMMENDATION: Authorize the Mayor to purchase the Snyder
property, consisting of a single 6.9 acre parcel, in the amount of $120,000.00
plus appropriate closing costs.
01
0
Public Works:
1.�',deral
Streets *Traffic 9 Development Services
Solid Waste Surface Water Management
CIT
Federal Wa
Snyder Property Acquisition
Project 12: West Hylebos Watershed Trail (2018-2019)
Project Category: Education and Outreach
Land Acquisition: Required
Proiect Benefits
Stormwater education and outreach
Preservation/restoration of valuable habitat
Creation of a new wildlife and outdoor activity destination for
City residents.
Proiect Facts
The project would create nearly three miles of nature trail in
vibrant wetland settings
Four possible trailhead locations would provide nearly
unrestricted access to the trail system
The trail system is an opportunity to display the City's
restoration and conservation efforts in the West Hylebos
Watershed
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Project Location
Legend
Proposed Trail Head Location
Proposed Trail System
- Existing Trails.
Parcels
Property & EasmentAquisitions
Streams & Open Corweyance
Lakes
Wetlands (I Na City Survey)
ImperviousSurfaces
MapDate:Apd12012
Vicinity Map
City of Federal Way
333258thAwe S
Federal Way WA R003
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CITY OF
Federal Way