Loading...
HomeMy WebLinkAboutR-2297 - For the acceptance of the gift of certain real estateCITY OF MAR YS VILLE Marysville,Washington RESOLUTION NO.d.J-en A RESOLUTION OF THE CIlY OF MARYSVILLE FOR THE ACCEPTANCE OF THE GIFT OF CERTAIN REAL ESTATE WHEREAS,FRANK TAYLOR is the owner of a 15-foot strip ofland located west of a 10-foot-wide access panhandle to City owned tax parcel 300527-004-003-00,which 15-foot strip is legally described as follows: The West 15 feet of the South 700 feet of the Northeast quarter of the Southeast quarter of Section 27,Township 30 North,Range 5 East, W.M.;LESS right of way acquired for State Route 528;All located in the County of Snohomish,State of Washington. Snohomish County tax parcel 300527-004-005-00 and WHEREAS,FRANK TAYLOR no longer owns any other property contiguous to said 15-foot strip ofland;and WHEREAS,FRANK TAYLOR has offered to convey as a gift to the City of Marysville the above-described real estate;and WHEREAS,it is in the public interest for the City to acquire and hold the subject property to increase the width of its access panhandle;NOW,THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF MARYSVILLE, WASHINGTON AS FOLLOWS: The City of Marysville hereby accepts the deed from FRANK TAYLOR. PASSED by the City Council and APPROVED by the Mayor this ~day of '))R {~vnl:..:l\.~,2010.. CITY OF MARYSVILLE :;?Y&~ "FRAC'l JE'FFRffiS,City Clerk.li'~",;L O'!DRlf}v W"'~ Approved as to Form: By ~(C'( GRANT K.WEED,City Attorney M-IO-I04 Frank Taylor GiftlResolution 10708) CITY PROPERTY (fonner Holman property) 1!i I ! ! \ I i I Taylor I5-foot strip"'~1 __21+l+ SP AFN NO 9204240799 ~22i,t--.. 4-003 l 24 3;• 4-007 SCHOOL DIST PROPERTY (fonner Taylor property-- Purchased via Irving Real Estate contract) 12 4-006 (purchased via Irving-REC IIU?= I ~ Fonner TAYLOR property ,, :0: ~, I,,___________~.........----------J,~L SR "'52a-164 lH SIN!"j;'"7 I:;,.....f'#f14..7'"111':4;;'-,.. After Recording Return to: City of Marysville 1049 State Avenue Marysville,WA 98270 QillT CLAIM DEED Grantor: Grantee: Legal Description: Tax Parcel: TAYLOR,FRANK CITY OF MARYSVILLE NEY.SEY.27-30-5,Snohomish County,WA 300527-004-005-00 Add'lonP.1 ,2010. THE GRANTOR,FRANKTAYLOR,surviving spouse of VIRGINIA TAYLOR,a single person,for and in consideration of gift,conveys and quit claims to the CITY OF MARYSVILLE,a municipal corporation of the State of Washington,the following-described real estate,situated in the County of Snohomish,State of Washington, including any interest therein which Grantor may hereafter acquire: The West 15 feet of the South 700 feet of the Northeast quarter of the Southeast quarter of Section 27,Township 30 North,Range 5 East,W.M.;LESS right of way acquired for State Route 528;All located in the County of Snohomish,State of Washington. DATED this ZtJ-h;,.dayof ;.!(ll/-e.-I-l.,-<v M-JO-l04 Taylor GiftJQCD I C-CLC!?AQI> STATE OF v,cAglffifGTO,,",) ,llMp.q"'ilC )ss. COUNTY OF S'Io<OHOMffiH ) I certify that I know or have satisfactory evidence that FRANK TAYLOR is the person who appeared before me,and said person acknowledged that he signed this instrument and acknowledged it to be his free and voluntary act for the uses and purposes mentioned in the instrument. DATED this ~day of ;<J/w-.1....,2010. My Comm.Exp.Oct 13.2013 i~ACCEPTED this h day of f1,(bn bM-,2010: CITY OF MARYSVILLE M-10-104 Taylor Gift/QeD 2 ~vinU'e WCs.'#."Wi,.S__REAL ESTATE EXCISE T AX AFFIDAVIT This fonn is your receipt PLEASE TYPE OR PRINT CHAPTER 82.45 RCW -CHAPTER 458~61A WAC when stamped by cashier. TIllS AFFIDAVIT WILL Nor BE ACCEPTED UNLESS ALL AREAS ON ALL PAGES ARE FULLY COMPLETED (See back ofla:rt page for instructions) nClw:ck box if ~o1;a1 sale of co e~Ifmultinle OWllCfS-list nercental!:e ofowncrshill next 10 name. ~Name FRANK TAYLOR ~ingle Name CITY OF MARYSVILLE gJ~(surviving soo!me of Vimjoja Taylor)~munici al CO ration oflhe Slate ofWashir>nton ~>:Mailing Address P .0.BO~1367 gJ~Mailing Address 1049 Stale Avenuet;J;:; CityfStateJZip Lynnwood tWA 98046 ~~CitylStatelZip Mmvsvllle WA 98270~e me Phone No.(including area 4ooc)Phone No.(induding area code) Send all propeny tax corr~ndence to:illSame as BuyedGrent:ee List all real and personal propt:rty tax parcel acC(luol List assessed value(s)number.;-check box ifpeISQna]property N=.300527-004-005-00 n Mailing Address n City/StateJZip n Phone No.(including area code)0aStreetaddressofpropertj':~------- This property is located in Marysville D Che<:k box if any oflheilisted parcels are being segregated from anotber parcel,are part ofa boundaly line adjustment or parcels beiug merged. Legal description of proAerty (if more space is needed,you may attach a separate sheet to each page ofthe affidavit) The West 15 feet of the;South 700 feet of the Northeast quarter of the Southeast quarter of Section 27,Township 30 North,Range 5 East,W.M.;lESS right otway acquired for State Route 528;All located in the County of Snohomish,State of Washington. . •List all personal property (tangible and intangible)included in selling price. Selec;tLand Use Code(s): 191 _U'ndevelopeclland {land ~nlyi ente~any additional c~des:-_----------­ (See back of last page for instructions) Is this property exempt from property tax per chapter 84.36 RqW (nonprofit orga(1ization)? YES NO o 0 u y~ Is this property designated as fQ~land per chapter 8433 RCW?0 Isthisprojx:rty classifiedascurientuse(openspace,furm and D agricultural,or timber)land perfhapter 8434? Is !his ~receivingspecW valuation as historical property D per~8426RCW?' NO oo If claiming an exemption,lis!WAC number and reason for exemption: WAC No.(Section/Subsection).4,58""-6e'"Ao-=20e''---_ Reason for exemption --,-~--------_----_-­ Gift;no consideration;no debt lfany ~are yes,compie1,e as instructed below. !! (I)Non:CEOFCONI1NU~CE (FORESfLANDORCURRENTUSE) NEW OViNER(S):To contin,Ue the cunen!designation as forest land or c1assificahon as current use (dpen space,fann and agriculture,ortimber) land,you!must sign 00 (3)bJlow.The county assessor must then detennine ifthe lan~transfened continu\:s to qualify and will indicate by signing below. Ifthe lan~no longerqualiliesior you do not wish to continue the designation or classif(catioll,it will be rerr!oved and the compensating or additional taxes will be dlje:and payable by the seller or trnnsfi:ror at the time ofsale.(RCW 8433.140;orRCW 84.34.108).Prior to signing (3)below,you may contact your locaJ COMty assessor for more infonnation.. This land 0 does D does not qualify for continuance. DEPUlY ASSESSOR DATE c:z)NOTICE OF coMPLIANCE(HJSTORICPROPERIY) NEW OWNER(S):To continue special valuation as historic property, sign (3)~elO)w.Ifthe new owner(s)does not wish to continue,all additiona;l tax.calculated pursuant to chapter 84.26 RCW,shall be due and paya~le by the seller or transferor at the time ofsale. (3)OWNER(S)SIGNATURE Type of Document cQe"~;clCe'='C;m"'D~,,"-"_ Date of Document _ Gross Selling Price $,-=0",00.:.. *Personal Property (deduct)$;~_ Exemption Claimed (deduct)$,_ Taxable Selling Price $~--Oc'~Ooo.. Excise Tax :State S ~O"',,OO:_ 0.0050 ILocal $--",,,,'.:..' *Delinquent Interest:State $_ Local $,_ *Delinquent Penalty $_ Subtotal $_~~O~,O~O~ *State Technology Fee $~5",O~O"_ •Affidavit Processing Fee $_ Total Due S ~100,OOO::. PRINT NAME A MINIMUM OF SIO.OO IS DUE IN FEE(S}ANDIOR TAX *SEE INSTRUCTIONS Date &city of signing: Name (print)_ Signature of Grantee or Grantee's Agent~_ I CERTIFY UNDER PENALTY OF PERJURY TIlAT THE FOREGOING IS TRUE AND CORREcr. s;"","'"of I,I,~-1---;. Grantor!or Gr3Ptor's Agent WlAd(lt-...-.r-/7 <-v" Name (ptint)FRANK TAYlOR Date &city of signing:"Il-a.!">(J?1'1.!enflial C-o ! Perjory:)?etiwy is aclass C felony which is punishable by imprisonment in the state correctional institution for a mll)dmum telITl ofnot more than five YC3IS,or by a fine in ail amount fixed by the court ofnot more than five thousand dollars (.1:5,000.00),or by both impriwrunentand fine (RCW 9A20.020 (1C». REV 84 oOCltat:(10nllO)THIS SPACE-TREASURER'S USE ONLY COUNTY TREASURER REAL ESTATE EXCISE TAX SUPPLEMENTAL STATEMENT (WAC 458-61A-304) This form must be submitted with the Real Estate Excise Tax Affidavit (FORM REV 84 OOOIA)for claims of tax exemption as provided below.Completion of this form is required for the types ofreal property transfers listed in numbers 1-3 below.Only the first page ofthis fotTn needs original signatures. AUDIT:Information Y~lU provide on this form is subject to audit by the Department of Revenue.In the event of an audit,it is the taxpayers'responsibility to provide documentation to support the selling price or any enmption claimed.This documentation must be maintained for ~minimum offour years from date of sale.(ReW 82.45.100)Failure to provide supporting docu~entation when requested may result in the assessment of tax,penalties,and interest.Any filing that is determined to be fraudulent will carry a 50%evasion penalty in ~ddition to any other accrued penalties or interest when the tax is assessed. PERJURY:Perjury is ~class C felony which is punishable by imprisonment in a state correctional institution for a maximum tenn of not more than five years,or by a fine in an amount fixed by the court ofnot more than five thousand dollars ($5,000.00),or by both Imprisonment and fine (RCW 9A.20.020 (1C)). The persons signing below do hereby declare under penalty of perjury that the following is true (check appropriate statement): 1.0 DATE OF SALE:(WAC 45&-61A-306(2» T,(print name)certify that the _ (type of instrument),dated ,was delivered to me in escrow by'_-:::---=-,-'-----,--_ (seller's name).NOTE:Agent named here must sign below and indicate name affton.The payment of the tax is considered current if it is not more than 90 days beyond the date shown on the instrument If it is past 90 days,interest and penalties,apply to:the date of the ·instrument. Reasons held in escrow:~_ Signature Finn Name 2.GIFfS:(WAC 45&~6:1A-201)The gift of equity is non~taxable;however,any consideration received is not a gift and is taxable.The value ex4hanged or paid for equity plus the amount of debt equals the taxable amount.One of the boxes below-must be check~d.Both Grantor (seller)and Grantee (buyer)must sign below. Grantor (seller)gifts ~quity valued at $100.00 to grantee (buyer). NOTE:Examples ot:,different transfer types are provided on the back.This is to assist you with correctly completing this form and paying your tax. "Consideration"means money or anything of value,either tangible (boats,motor homes,etc)or intangible,paid or delivered,or contracted to be paid or delivered,including perfonnance of services,in return for the transfer ofreal proper:ty'.The tenn in~ludes the amount of any lien,mortgage,contract indebtedness,or other encumbrance,given to secure:the purchase poce,or any part thereof,or remaining unpaid on the property at the time of sale."Consideration" includes the assumpti?n of an underlying debt on the property by the buyer at the time of transfer. A:Gifts with consideration 1.0 Grantok (seller)has made and will continue to make all payments after this transfer on the total debt of $.and has received from the grantee (buyer)$,_-,--:-:--:_ (includ~in this figure the value of any items received in exchange for property).Any consideration receive~by grantor is taxable. 2.0 Grante~(buyer)will make payments on %of total debtof$for which grantor (seller)1is liable and pay grantor (seller)$(include in this figure the value of any items receive~in exchange for property).Any consideration received by grantor is taxable. B:Gifts without consideration 1.III There i~no debt on the property;Grantor (seller)has not received any consideration towards equity. No tax is due. 2.0 G~antof (seller)has made and will continue to make 100%ofthe payments on total debt of$~ and has not received any consideration towards equity.No tax is due. 3.0 Grantee (buyer)has made and will continue to make 100%of the payments on total debt of$_ and has,not paid grantor (seller)any consideration towards equity.No tax is due. 4.0 Grantor (seller)and grantee (buyer)have made and will continue to make payments from joint account on total de.bt before and after the transfer.Grantee (buyer)has not paid grantor (seller)any consideration towards equity.No tax is due. Has there been or will there be a refinance of the debt?0 YES 0 NO If gra9tor (seller)was on title as co'-signor only,please see WAC 458~61A-215for exemption requirements. The updersigned acknowledges this transaction may be subject to audit and have read the above information regarding record~keepin r uirements and evasion penalties. ~I{j t--6 r ..-POA rantor's Signature Grantee's Signature 3_0 IRS "TAX DEFERRED"EXCHANGE (WAC 458-61A-213) I,(print name)certify that I am acting as an Exchange Facilitator in transferring real ptoperty to pursuant to IRC Section 1031,and in accordance with WAC 45&-61A~213. NOTJi;:Exchange Facilitator must sign below. Exchange Facilitator'S Signature For tax assi.stanee.contact your local COLlIlty TreasurerlRccorder orvis;t http://dor.wa.gcvorcall(36O)57O-3265.Toinquireaboutthell.vailal:t;lity ofthis dccwnent in an allernill~lonnat for the visually impaired,please call (360)70S-emS.Teletype (ITY)users please call 1*8lJO.451-7985. REV 84 OOOZe(a)(12l21106)COUNTY TREASURER