Title
Approval of a Resolution Authorizing the Purchase of Real Estate Owned by Ronald Healy Located at 510 5th Avenue SE and 424 Jefferson Street SE
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a Resolution authorizing the City Manager to execute all documents necessary to acquire property located at 510 5th Avenue SE and at 424 Jefferson Street SE.
Report
Issue:
Whether to approve a Resolution authorizing the City Manager to execute all documents necessary to acquire property located at 510 5th Avenue SE and at 424 Jefferson Street SE.
Staff Contact:
Fran Eide, P.E., Project Manager, City Manager's Office, 360.570.3953
Mark Barber, City Attorney, City Manager's Office, 360.753.8338
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
Ronald E. Healy (Seller) is the owner of two parcels of real property located at 510 5th Avenue SE, Olympia, Washington, and Capital Plumbing & Heating Company, a Washington corporation (Seller) is the owner of one parcel at 424 Jefferson Street SE, Olympia, Washington. Ronald Healy is the sole Governor of said corporation. The Assessor Parcel Nos. are 78505500100 and 78505500101 (see attached Property Location Map).
The City would like to purchase this property for municipal needs and uses for the City of Olympia. This includes using the property to replace parking and storage lost, as a result of the sale of the Justice Center property. The parking is needed in order to meet permit requirements for parking associated with City Hall, potentially replace parking associated with the Police Guild contract, and potentially replace storage for Olympia Police Department (OPD) purposes. The property also provides an opportunity for future potential low-income housing in Downtown.
Staff has concluded negotiations with the Seller and has prepared the Real Estate Purchase and Sale Agreement attached to this staff report. The purcha...
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