ORDINANCE _______________

AN ORDINANCE relating to the City Light Department; authorizing the sale of real property, divided into four parcels, in King County, Washington, commonly known as "Linden Avenue Parcels" (PM#260419-2301, 260419-2-302A and 302B; 260419-2-303) by negotiated sale to abutting owners or by public bid; authorizing the Superintendent of the City Light Department to offer said property for sale, accept the best offers to purchase and to execute Quit Claim Deeds; designating the disposition of sales proceeds; and ratifying and confirming prior actions.

WHEREAS, the four parcels along Linden Avenue North are unused transmission line right-of-way and are surplus to the needs of the City Light Department; and

WHEREAS, the fair market value of the property, as determined by an independent appraiser as of May 21, 2001, was found and declared to be Parcel A: $250,000; Parcel B: $385,000; Parcel C: $350,000; and Parcel D: $350,000; and

WHEREAS, the City Light Department and the Fleets and Facilities Department have recommended, and the Real Estate Oversight Committee has concurred with the recommendation, that the property be offered for sale by negotiation with the abutting owners or by public bid; NOW, THEREFORE,

BE IT ORDAINED BY THE CITY OF SEATTLE:

Section 1. Pursuant to the provisions of RCW 35.94.040 and after a public hearing, the following described real property in King County, Washington:

Parcel A

The West 50 feet of the East 90 feet of the North Half of the Northwest Quarter of the Northeast Quarter of the Northwest Quarter of Section 19, Township 26 North, Range 4 East, W.M., King County, Washington, less County road, EXCEPT the North 15 feet thereof. (PM#260419-2-302B

Parcel B

The West 50 feet of the East 90 feet of the South Half of the Northwest Quarter of the Northeast Quarter of the Northwest Quarter of Section 19, Township 26 North, Range 4 East, W.M., King County, Washington, less the South 30 feet for road. (PM#260419-2-302A)

Parcel C

The East 50 feet of the West 90 feet of the South Half of the Northeast Quarter of the Northeast Quarter of the Northwest Quarter of Section 19, Township 26 North, Range 4 East, W.M. , King County, Washington, less the South 30 feet for a road. (PM#260419-2-303)

Parcel D

The East 50 feet of the West 90 feet of the North Half of the Southeast Quarter of the Northeast Quarter of the Northwest Quarter of Section 19, Township 26 North, Range 4 East, W.M., King County, Washington, less the North 30 feet for a road. (PM#260419-2-301)

all known as Linden Avenue Parcels, are hereby found and declared to be no longer required for providing public utility service and are hereby declared surplus to the City's needs.

Section 2. As requested by the Superintendent of the City Light Department and recommended by the Mayor in the attachments hereto, said Superintendent is authorized to offer said surplus property for sale to the abutting owners. If any abutting owner does not purchase said property then the Superintendent is authorized to sell the remaining property by public bid. The Superintendent is further authorized to accept the offer for the purchases within 10% of the appraised value; and to execute and deliver, for and on behalf of The City of Seattle, Quit Claim Deeds substantially in the form attached hereto as "Exhibit A", pursuant to which real properties legally described in Section 1 above, will be conveyed to the purchaser/s.

Section 3. Proceeds from the sale authorized herein shall be deposited into the City Light Fund.

Section 4. Any act pursuant to the authority of this ordinance and prior to its effective date is hereby ratified and confirmed.

Section 5. This ordinance shall take effect and be in force thirty days from and after its passage and approval, if approved by the Mayor; otherwise, it shall take effect at the time it shall become a law under the provisions of the City Charter.

Passed by the City Council the _____ day of __________________, 2001, and signed by me in open session in authentication of its passage this _______ day of __________________, 2001.

_________________________________

President _______ of the City Council

Approved by me this _____ day of _________________, 2001.

_________________________________

Mayor

Filed by me this _____ day of ________________________, 2001.

_________________________________

City Clerk

(Seal)

EXHIBIT "A"

WHEN RECORDED RETURN TO:

SEATTLE CITY LIGHT

REAL ESTATE SERVICES,KT3012

700 5TH AVENUE, SUITE 3300

SEATTLE, WA 98104-5031

QUITCLAIM DEED

P.M. #

Tax Parcel #

THE GRANTOR, The City of Seattle, a municipal corporation, for and in consideration of ________________________ Dollars ( ) in hand paid, conveys and quitclaims to ___________________________________________________________________ __

all its right, title and interest in the following described real estate located in King County, Washington to wit:

(Legal Description)

Subject to all easements of record.

Reserving to the Grantor, its successors and assigns, an easement over the (West/East) 10-feet of the above legal description, for the construction operation and maintenance of the Grantor's electric transmission and distribution systems. Structures will not be allowed within the 10-foot easement area.

IN WITNESS WHEREOF, The City of Seattle has caused this instrument to be executed by the Superintendent of City Light pursuant to Ordinance _______________ on this ___________ day of ___________________, 200__.

THE CITY OF SEATTLE

________________________________

Gary Zarker, Superintendent

Seattle City Light

(ACKNOWLEDGMENT)

STATE OF WASHINGTON )

) ss.

COUNTY OF KING )

I, certify that I know or have satisfactory evidence that GARY ZARKER signed this instrument, on oath stated that he was authorized to execute this instrument and acknowledged it as Superintendent of City Light of the City of Seattle to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument.

Date_________________________

_______________________________________

Notary Public in and for the State of Washington, residing at Seattle

My commission expires: ________________

SEL:sel

QCD,Linden Ave.

10/17/01