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RES 21-812 - Delaring Property as Surplus (TC4)RESOLUTION NO. 21-812 A RESOLUTION of the City of Federal Way, Washington, declaring a 0.47-acre parcel of real property located at the southeast corner of S. 316th St. and 21st Ave S. as surplus. WHEREAS, the City of Federal Way ("City") owns real property designated as parcel number 092104-9057 and legally described as: PCL A OF FEDERAL WAY LLA 4 03-102586-00 SU REC 4 20040202900009 SD LLA BEING LOCATED IN N 1/2 OF SE 1/4 OF SW 1/4 OF SEC 9-21-4 CONTAINING 20,669 SQUARE FEET, MORE OR LESS ("Property"); and WHEREAS, the subject property was transferred to the City for the purposes of transit - oriented development by Central Puget Sound Regional Transit Authority ("Sound Transit") and identified in the Federal Way Comprehensive Plan as a site intended to be developed with future transit -oriented development; and WHEREAS, the Federal Way Link Extension is a light rail extension project that requires 400 parking spaces be developed in the area and building said parking spaces on this location has been identified as an appropriate location for an extension to their existing parking garage to construct parking spaces in support of their provision of transit service to the City; and WHEREAS, Sound Transit has expressed to the City that it will purchase the Property at its fair market value after consultation with the City about the Federal Way Link Extension; and WHEREAS, the City published a public notice and news release in the Federal Way Mirror on July 2, 2021, identifying the Property by means which could be easily understood by the public, describing the proposed use of the Property, and setting the date, time, and place of a public hearing Resolution No. 21-812 Page 1 of 3 to consider the surplus of the Property; and WHEREAS, the Council held a public hearing on July 20, 2021 to consider whether to surplus the Property; and WHEREAS, the City Council has determined that the Property is no longer necessary for public use and retention does not serve the best interests of the citizens; and WHEREAS, the Property is surplus to the needs of the City of Federal Way. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, RESOLVES AS FOLLOWS: Section 1. Property Declared Surplus. The Property, legally described as: PCL A OF FEDERAL WAY LLA # 03-102586-00 SU REC # 20040202900009 SD LLA BEING LOCATED IN N 1/2 OF SE 1/4 OF SW 1/4 OF SEC 9-21-4 is declared surplus to the needs of the City of Federal Way. Section 2. Execute an agreement. The Mayor and Staff are authorized to execute a purchase and sale agreement to sell the property to Sound Transit for $723,000 as was determined to be the fair market value for the property. Section 3. Severabilily. If any section, sentence, clause or phrase of this resolution should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause, or phrase of this resolution. Section 4. Corrections. The City Clerk and the codifiers of this resolution are authorized to make necessary corrections to this resolution including, but not limited to, the correction of scrivener/clerical errors, references, resolution numbering, section/subsection numbers and any references thereto. Resolution No. 21-812 Page 2 of 3 Section 5. Ratification. Any act consistent with the authority and prior to the effective date of this resolution is hereby ratified and affirmed. Section 6. Effective Date. This resolution shall be effective immediately upon passage by the Federal Way City Council. RESOLVED BY THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON this 20th day of July, 2021. CITY OF FEDERAL WAY: /JIM FERRELL, MAYOR L- ATTEST: STEPkANIE COURTNEY, Oic , CITY CLERK APPROVED AS TO FORM: 3-,P,U-J- J. RYAN CALL, CITY ATTORNEY FILED WITH THE CITY CLERK: 07/14/2021 PASSED BY THE CITY COUNCIL: 07/20/2021 RESOLUTION NO.: 21-812 Resolution No. 21-812 Page 3 of 3