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HomeMy WebLinkAbout001128 Original Contract City of Port Angeles Record # 001128 September 1, 2016 Dan McKeen, City Manager City of Port Angeles 321 East 5"' Street Port Angeles, WA 98362 Re: Counter Offer Dear Dan: We are in receipt of your attached letter dated August 30, 2016 for a purchase price of$350,000 and are prepared to accept the offer therein contained on the following conditions: 1. The offer is approved and closed as soon as possible, but no later than October 3, 2016, of mutual acceptance hereof by the City Council. 2. Title insurance cost, and escrow fees and all closing costs to be split 50/50 between the Buyer and Seller. 3. Title transfer shall be by Quit Claim Deed. 4. The sale shall be closed in escrow at: Advantage Escrow. 5. Real Estate Taxes shall be pro-rated at closing. Note: There is a balance owing on the property of approximately$120,000 at Sound Community Bank. Said balance shall be paid off from the proceeds hereof from escrow. Sincerely Burt and Kiki Reid _'_/ - The City Accepts the above counter offer with the following conditions: 1. City Council approval 2. Title insurance showing good marketable title 3. Satisfactory environmental analysis ,,4,_'Legal description to be approved by buyer Dan McKeen, City Manager SELINDA SARKHUIS, CLALLAM COUNTY TREASURER 192-48179 (360)417-2344 199 808 t�i4Mi.C LA-11! .NL 7 ,ft� r'' DISTRIBUTIOR1 SUMMARY. Total Taxable Value: 6 0 STATE 418.9 Voter Approved Taxes: 639.69 00wnerID:48179 t COUNTY 280.45 FIRE PATROL 17.4 Printed:0211512016 SCHOOL 639.6 FIRE PATROL COUNTY FEE .5 CITY 596.61 WEED CONTROL 3.2 17558*57**50***0.762**1/1************AUTO`*5-DIGIT 98362 PORT 39.6 BURT W REID LIBRARY 98.1 919 W LAURIDSEN BLVD HOSPITAL DISTRICT 117.3 PORT ANGELES WA 98363-7443 METRO PARK DIST 35.9, III'�I�I'�II��IIII'I"I111��11�1�1��`II'l,II�II111�,111��iII��I Assessment/FeesTa y 21.1 .' Gross Tax 2226.8 $ 2247.96 -- Taxable Assessed Value PID GEO ID Abbreviated Legal Description Situs Address Imp.or Equip Land Exempt Total 60684 0630000444250000 LTS 6-13&ALLEY ABUTTING LTS 6-15& 0 152,933 0 152,933 PTN VAC ST ABUT BL 444 Tax Area Levy Rate Gross Tax Assmts Fees Net Tax 1st'/Tax 2nd IA Tax Diq.Yrs Total 0010 11.14471 1704.39 19..03 .50 1723.92 861.98 861.94 .00 1723.92 --Taxable Assessed Value PID GEO ID Abbreviated Legal Description Situs Address Imp.or Equip Land Exempt Total 60685 0630000444500000 LOTS 14&15 BLK 444 TPA SUR V58 P77 W SIXTEENTH ST 0 46,875 0 46,875 Tax Area Levy Rate Gross Tax Assmts Fees Net Tax 1st%Tax 2nd%Tax Diq.Yrs Total 0010 11.14471 522.41 1.63 .00 524.04 262.05 261.99 .00 524.04 --=-Taxable Assessed Value PID GEO ID'' Abbreviated Legal Description Situs Address Imp.or Equip Land Exempt Total Tax Area Levy Rate Gross Tax Assmts Fees Net Tax 1st%Tax 2nd%Tax Dlq.Yrs Total Taxable Assessed Valu PID GEO ID Abbreviated Legal Description Situs Address Imp.or Equip land Exempt Total Tax Area Levy Rate Gross Tax Assmts Fees Net Tax 1st%Tax 2nd Y:Tax Diq.Yrs Total x -. SE ( E tit C PAYING '"C e F I CFf.€ Iwi. �,t`€"t €.€n Du Et Paid by 413012 16 Years Base Amount Interest Penalty 1st Half Total Please rote that the`half due"all oOUMS on the 2016 2247.96 .00 .00 1124.03 2247.9 coLloonS do riot include Fry delingUent taxes thai 2015 .00 .00 .00 0.0 are ovlec3 as shown IIS the box :c:the ii«,€i P> , 2014 .00 .00 .00 0.0 r 2013&prior .00 .00 .00 0.0 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Stmt# 192-48179 - Owner Name: BURT W REID Property Count: Please check box to indicate mailing address changes on back of coupon. inted:02115/2016 If you did not make a first half payment or pay the delinquent taxes listed,if any,call(360)417-2344 SEE( O N D HALF[. F 20E6 PA�� for delinquent tax,interest,and penalty due. Delinquent payments received without interest and Amount Due by 10/31/2016 penalty will be returned. 1,123.932 If 1st half and prior paid by 04130/2016: ` a y or (., Make checks payable to 17558 1!1 CLALLAM COUNTY TREASURER 223 E.4TH ST., STE. 3 PORT ANGELES, WA 98362-3000 EXHIBIT "A" LEGAL DESCRIPTION Lots 6 to 15 inclusive, Block 444, Townsite of Port Angeles, Clallam County, Washington; TOGETHER WITH the Sixteenth/Seventeeth Street alley lying Westerly of Tumwater Truck Route, abutting Lots 6 to 15, Block 444, Townsite of Port Angeles; ALSO TOGETHER WITH that portion of the North half of Seventeenth Street abutting Lots l 1 through 15, Block 444, Townsite of Port Angeles, Clallam County, Washington, described as follows: Beginning at the Southwest corner of said Lot 11; Thence South 56°44'33" East along the South line of said Lots 11 through 1.5 a distance of 238.95 feet to a point that bears North 56°44'33" West 11.00 feet from the Southeast corner of said Lot 15; Thence South 42°47'37" West 35.49 feet to the centerline of Seventeenth Street; Thence North 56°44'33" West along the centerline of Seventeenth Street 233.06 feet to a point which is 35 feet East of the centerline of"A" Street when measured at right angles thereto; Thence North 33'13'23" East parallel with the centerline of"A" Street a distance of 35.00 feet to the Southwest corner of said Lot 11 and the point of beginning. Situate in Clallam County, State of Washington. streamline Legal Description-Exhibit"A"Rev.9/1/2016 2:10:00 PM 001128 Owner's Policy of Title Insurance FlrstAmerican Titler", ISSUED BY vNx First American Title Insurance Company r POLICY NUMBER Owner's P 0 l 1 cy 5011400-1507311 e Any notice of claim and any other notice or statement in writing required to be given to the Company under this policy must be given to the Company at the address shown in Section 18 of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE. THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B, AND THE CONDITIONS, FIRST AMERICAN TITLE INSURANCE COMPANY, a Nebraska corporation (the"Company') insures, as of Date of Policy and, to the extent stated in Covered Risks 9 and 10, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the Insured by reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from (a) A defect in the Title caused by (i) forgery,fraud,undue influence,duress,incompetency,incapacity,or impersonation; (ii) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not properly created,executed,witnessed,sealed,acknowledged,notarized,or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law; (v) a document executed under a falsified,expired,or otherwise invalid power of attorney; (vi) a document not properly filed, recorded, or indexed in the Public Records including failure to perform those acts by electronic means authorized by law;or (vii) a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable,but unpaid. (c) Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term"encroachment'includes encroachments of existing improvements located on the Land onto adjoining land,and encroachments onto the Land of existing improvements located on adjoining land. 1 Unmarketable Title. 4. No right of access to and from the Land. (Covered Risks Continued on Page 2) In Witness Whereof, First American Title Insurance Company has caused its corporate name to be hereunto affixed by its authorized officers as of Date of Policy shown in Schedule A. First American Title Insurance Company For Reference: File#: 123020 i Issued By: 6` Clallam Title Company Dennis J.Gilmore 204 South Lincoln, PO Box 248 President Port Angeles, WA 98362 Jeffrey S.Robinson Secretary (This Policy is valid only when Schedules A and B are attached) This jacket was created electronically and constitutes an original document Copyright 2006-2009 American Land Title Association.All rights reserved.The use of this form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.Reprinted under license from the American Land Title Association. Form 5011400(7-1-14) Page 1 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) Policy#: 5011400-1507311e COVERED RISKS(Continued) 5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting,regulating,prohibiting,or relating to (a) the occupancy,use,or enjoyment of the Land; (b) the character,dimensions,or location of any improvement erected on the Land; (c) the subdivision of land;or (d) environmental protection if a notice, describing any part of the Land, is recorded in the Public Records setting forth the violation or intention to enforce, but only to the extent of the violation or enforcement referred to in that notice. 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action,describing any part of the Land,is recorded in the Public Records,but only to the extent of the enforcement referred to in that notice. 7. The exercise of the rights of eminent domain if a notice of the exercise,describing any part of the Land,is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. 9. Title being vested other than as stated in Schedule A or being defective (a) as a result of the avoidance in whole or in part,or from a court order providing an alternative remedy, of a transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy,state insolvency,or similar creditors'rights laws;or (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency,or similar creditors'rights laws by reason of the failure of its recording in the Public Records (i) to be timely,or (ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10. Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The Company will also pay the costs, attorneys'fees,and expenses incurred in defense of any matter insured against by this Policy, but only to the extent provided in the Conditions. EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of (b) not Known to the Company, not recorded in the Public this policy, and the Company will not pay loss or damage, costs, Records at Date of Policy, but Known to the Insured attorneys'fees, or expenses that arise by reason of: Claimant and not disclosed in writing to the Company by the 1. (a) Any law, ordinance, permit, or governmental regulation Insured Claimant prior to the date the Insured Claimant (including those relating to building and zoning) restricting, became an Insured under this policy; regulating, prohibiting,or relating to (c) resulting in no loss or damage to the Insured Claimant; (i) the occupancy,use,or enjoyment of the Land; (d) attaching or created subsequent to Date of Policy(however, (ii) the character, dimensions, or location of any this does not modify or limit the coverage provided under improvement erected on the Land; Covered Risk 9 and 10);or (iii) the subdivision of land;or (e) resulting in loss or damage that would not have been (iv) environmental protection; sustained if the Insured Claimant had paid value for the or the effect of any violation of these laws, ordinances, or Title. governmental regulations. This Exclusion 1(a) does not 4. Any claim, by reason of the operation of federal bankruptcy, modify or limit the coverage provided under Covered Risk 5. state insolvency, or similar creditors' rights laws, that the (b) Any governmental police power. This Exclusion 1(b) does transaction vesting the Title as shown in Schedule A,is not modify or limit the coverage provided under Covered (a) a fraudulent conveyance or fraudulent transfer;or Risk 6. (b) a preferential transfer for any reason not stated in Covered 2. Rights of eminent domain. This Exclusion does not modify or Risk 9 of this policy. limit the coverage provided under Covered Risk 7 or 8. 5. Any lien on the Title for real estate taxes or assessments 3. Defects,liens,encumbrances,adverse claims,or other matters imposed by governmental authority and created or attaching (a) created, suffered, assumed, or agreed to by the Insured between Date of Policy and the date of recording of the deed or Claimant; other instrument of transfer in the Public Records that vests Title as shown in Schedule A. Form 5011400(7-1-14) Page 2 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) Policy#: 5011400.150731 le CONDITIONS 1. DEFINITION OF TERMS protection liens filed in the records of the clerk of the United The following terms when used in this policy mean: States District Court for the district where the Land is located. (a) "Amount of Insurance": The amount stated in Schedule A,as (j) "Title": The estate or interest described in Schedule A. may be increased or decreased by endorsement to this (k) "Unmarketable Title": Title affected by an alleged or apparent policy, increased by Section 8(b), or decreased by Sections matter that would permit a prospective purchaser or lessee of 10 and 11 of these Conditions. the Title or lender on the Title to be released from the (b) "Date of Policy": The date designated as "Date of Policy" in obligation to purchase, lease, or lend if there is a contractual Schedule A. condition requiring the delivery of marketable title. (c) "Entity': A corporation, partnership, trust, limited liability 2. CONTINUATION OF INSURANCE company, or other similar legal entity. The coverage of this policy shall continue in force as of Date of (d) "Insured": The Insured named in Schedule A. Policy in favor of an Insured, but only so long as the Insured (i) The term"Insured"also includes retains an estate or interest in the Land, or holds an obligation (A) successors to the Title of the Insured by operation secured by a purchase money Mortgage given by a purchaser of law as distinguished from purchase, including from the Insured, or only so long as the Insured shall have liability heirs, devisees, survivors, personal representatives, by reason of warranties in any transfer or conveyance of the Title. or next of kin; This policy shall not continue in force in favor of any purchaser (B) successors to an Insured by dissolution, merger, from the Insured of either(i) an estate or interest in the Land, or consolidation,distribution,or reorganization; (ii)an obligation secured by a purchase money Mortgage given to (C) successors to an Insured by its conversion to the Insured. another kind of Entity; 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT (D) a grantee of an Insured under a deed delivered The Insured shall notify the Company promptly in writing(i)in case without payment of actual valuable consideration of any litigation as set forth in Section 5(a) of these Conditions, conveying the Title (ii)in case Knowledge shall come to an Insured hereunder of any (1) if the stock, shares, memberships, or other claim of title or interest that is adverse to the Title, as insured, and equity interests of the grantee are that might cause loss or darnage for which the Company may be wholly-owned by the named Insured, liable by virtue of this policy, or (iii) if the Title, as insured, is (2) if the grantee wholly owns the named Insured, rejected as Unmarketable Title, If the Company is prejudiced by (3) if the grantee is wholly-owned by an affiliated the failure of the Insured Claimant to provide prompt notice, the Entity of the named Insured, provided the Company's liability to the Insured Claimant under the policy shall affiliated Entity and the named Insured are be reduced to the extent of the prejudice. both wholly-owned by the same person or 4. PROOF OF LOSS Entity,or In the event the Company is unable to determine the amount of (4) if the grantee is a trustee or beneficiary of a loss or damage, the Company may, at its option, require as a trust created by a written instrument condition of payment that the Insured Claimant furnish a signed established by the Insured named in Schedule proof of loss. The proof of loss must describe the defect, lien, A for estate planning purposes. encumbrance, or other matter insured against by this policy that (ii) With regard to(A),(B),(C),and(D)reserving,however,all constitutes the basis of loss or damage and shall state, to the rights and defenses as to any successor that the extent possible, the basis of calculating the amount of the loss or Company would have had against any predecessor damage. Insured. 5. DEFENSE AND PROSECUTION OF ACTIONS (e) "Insured Claimant": An Insured claiming loss or damage. (a) Upon written request by the Insured, and subject to the (f) "Knowledge" or "Known": Actual knowledge, not constructive options contained in Section 7 of these Conditions, the knowledge or notice that may be imputed to an Insured by Company, at its own cost and without unreasonable delay, reason of the Public Records or any other records that impart shall provide for the defense of an Insured in litigation in constructive notice of matters affecting the Title. which any third party asserts a claim covered by this policy (g) "Land": The land described in Schedule A, and affixed adverse to the Insured. This obligation is limited to only those improvements that by law constitute real property. The term stated causes of action alleging matters insured against by "Land" does not include any property beyond the lines of the this policy. The Company shall have the right to select area described in Schedule A, nor any right, title, interest, counsel of its choice (subject to the right of the Insured to estate, or easement in abutting streets, roads, avenues, object for reasonable cause) to represent the Insured as to alleys, lanes,ways,or waterways, but this does not modify or those stated causes of action. It shall not be liable for and will limit the extent that a right of access to and from the Land is not pay the fees of any other counsel. The Company will not insured by this policy. pay any fees, costs, or expenses incurred by the Insured in (h) "Mortgage": Mortgage, deed of trust, trust deed, or other the defense of those causes of action that allege matters not security instrument, including one evidenced by electronic insured against by this policy. means authorized by law. (b) The Company shall have the right, in addition to the options (i) "Public Records": Records established under state statutes contained in Section 7 of these Conditions, at its own cost, to at Date of Policy for the purpose of imparting constructive institute and prosecute any action or proceeding or to do any notice of matters relating to real property to purchasers for other act that in its opinion may be necessary or desirable to value and without Knowledge. With respect to Covered establish the Title, as insured, or to prevent or reduce loss or Risk 5(d), "Public Records" shall also include environmental damage to the Insured. The Company may take any Form 5011400(7-1-14) Page 3 of 5 1 ALTA Owner's Policy of Title Insurance(6-17-06) Policy#: 5011400.1507311e CONDITIONS(Continued) appropriate action under the terms of this policy, whether or expenses incurred by the Insured Claimant that were not it shall be liable to the Insured. The exercise of these authorized by the Company up to the time of payment or rights shall not be an admission of liability or waiver of any tender of payment and that the Company is obligated to pay. provision of this policy. If the Company exercises its rights Upon the exercise by the Company of this option, all liability under this subsection, it must do so diligently. and obligations of the Company to the Insured under this (c) Whenever the Company brings an action or asserts a policy, other than to make the payment required in this defense as required or permitted by this policy, the Company subsection, shall terminate, including any liability or obligation may pursue the litigation to a final determination by a court of to defend, prosecute, or continue any litigation. competent jurisdiction, and it expressly reserves the right, in (b) To Pay or Otherwise Settle With Parties Other Than the its sole discretion,to appeal any adverse judgment or order. Insured or With the Insured Claimant. 6. DUTY OF INSURED CLAIMANT TO COOPERATE (i) To pay or otherwise settle with other parties for or in the (a) In all cases where this policy permits or requires the name of an Insured Claimant any claim insured against Company to prosecute or provide for the defense of any under this policy. In addition, the Company will pay any action or proceeding and any appeals, the Insured shall costs, attorneys' fees, and expenses incurred by the secure to the Company the right to so prosecute or provide Insured Claimant that were authorized by the Company defense in the action or proceeding, including the right to use, up to the time of payment and that the Company is at its option, the name of the Insured for this purpose. obligated to pay;or Whenever requested by the Company, the Insured, at the (ii) To pay or otherwise settle with the Insured Claimant the Company's expense, shall give the Company all reasonable loss or damage provided for under this policy, together aid (i) in securing evidence, obtaining witnesses, prosecuting with any costs, attorneys' fees, and expenses incurred or defending the action or proceeding, or effecting settlement, by the Insured Claimant that were authorized by the and (ii) in any other lawful act that in the opinion of the Company up to the time of payment and that the Company may be necessary or desirable to establish the Title Company is obligated to pay. or any other matter as insured. If the Company is prejudiced Upon the exercise by the Company of either of the options by the failure of the Insured to furnish the required provided for in subsections (b)(i) or (ii), the Company's cooperation, the Company's obligations to the Insured under obligations to the Insured under this policy for the claimed the policy shall terminate, including any liability or obligation loss or damage, other than the payments required to be to defend, prosecute,or continue any litigation,with regard to made, shall terminate, including any liability or obligation to the matter or matters requiring such cooperation, defend, prosecute,or continue any litigation. (b) The Company may reasonably require the Insured Claimant 8, DETERMINATION AND EXTENT OF LIABILITY to submit to examination under oath by any authorized This policy is a contract of indemnity against actual monetary loss representative of the Company and to produce for or damage sustained or incurred by the Insured Claimant who has examination, inspection, and copying, at such reasonable suffered loss or damage by reason of matters insured against by times and places as may be designated by the authorized this policy. representative of the Company, all records, in whatever (a) The extent of liability of the Company for loss or damage medium maintained, including books, ledgers, checks, under this policy shall not exceed the lesser of memoranda, correspondence, reports, e-mails, disks, tapes, (i) the Amount of Insurance; or and videos whether bearing a date before or after Date of (ii) the difference between the value of the Title as insured Policy, that reasonably pertain to the loss or damage. and the value of the Title subject to the risk insured Further, if requested by any authorized representative of the against by this policy. Company, the Insured Claimant shall grant its permission, in (b) If the Company pursues its rights under Section 5 of these writing, for any authorized representative of the Company to Conditions and is unsuccessful in establishing the Title, as examine, inspect, and copy all of these records in the custody insured, or control of a third party that reasonably pertain to the loss or (i) the Amount of Insurance shall be increased by 10%, and damage. All information designated as confidential by the (ii) the Insured Claimant shall have the right to have the loss Insured Claimant provided to the Company pursuant to this or damage determined either as of the date the claim Section shall not be disclosed to others unless, in the was made by the Insured Claimant or as of the date it is reasonable judgment of the Company, it is necessary in the settled and paid. administration of the claim. Failure of the Insured Claimant to (c) In addition to the extent of liability under (a) and (b), the submit for examination under oath, produce any reasonably Company will also pay those costs, attorneys' fees, and requested information, or grant permission to secure expenses incurred in accordance with Sections 5 and 7 of reasonably necessary information from third parties as these Conditions. required in this subsection, unless prohibited by law or 9. LIMITATION OF LIABILITY governmental regulation, shall terminate any liability of the (a) If the Company establishes the Title, or removes the alleged Company under this policy as to that claim. defect, lien, or encumbrance, or cures the lack of a right of 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; access to or from the Land, or cures the claim of TERMINATION OF LIABILITY Unmarketable Title, all as insured, in a reasonably diligent In case of a claim under this policy, the Company shall have the manner by any method, including litigation and the completion following additional options: of any appeals, it shall have fully performed its obligations (a) To Pay or Tender Payment of the Amount of Insurance. with respect to that matter and shall not be liable for any loss To pay or tender payment of the Amount of Insurance under or darnage caused to the Insured. this policy together with any costs, attorneys' fees, and (b) In the event of any litigation, including litigation by the Form 5011400(7-1-14) Page 4 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) Policy#: 5011400.1507311e CONDITIONS(Continued) Company or with the Company's consent, the Company shall Company or the Insured. All arbitrable matters when the Amount have no liability for loss or damage until there has been a final of Insurance is in excess of $2,000,000 shall be arbitrated only determination by a court of competent jurisdiction, and when agreed to by both the Company and the Insured. Arbitration disposition of all appeals, adverse to the Title, as insured. pursuant to this policy and under the Rules shall be binding upon (c) The Company shall not be liable for loss or damage to the the parties. Judgment upon the award rendered by the Insured for liability voluntarily assumed by the Insured in Arbitrator(s) may be entered in any court of competent jurisdiction, settling any claim or suit without the prior written consent of 15, LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE the Company. CONTRACT 10. REDUCTION OF INSURANCE; REDUCTION OR TERMINATION (a) This policy together with all endorsements, if any,attached to OF LIABILITY it by the Company is the entire policy and contract between All payments under this policy, except payments made for costs, the Insured and the Company. In interpreting any provision of attorneys' fees, and expenses, shall reduce the Amount of this policy,this policy shall be construed as a whole. Insurance by the amount of the payment. (b) Any claim of loss or damage that arises out of the status of 11. LIABILITY NONCUMULATIVE the Title or by any action asserting such claim shall be The Amount of Insurance shall be reduced by any amount the restricted to this policy. Company pays under any policy insuring a Mortgage to which (c) Any amendment of or endorsement to this policy must be in exception is taken in Schedule B or to which the Insured has writing and authenticated by an authorized person, or agreed, assumed, or taken subject, or which is executed by an expressly incorporated by Schedule A of this policy. Insured after Date of Policy and which is a charge or lien on the (d) Each endorsement to this policy issued at any time is made a Title, and the amount so paid shall be deemed a payment to the part of this policy and is subject to all of its terms and Insured under this policy. provisions. Except as the endorsement expressly states, it 12. PAYMENT OF LOSS does not (i) modify any of the terms and provisions of the When liability and the extent of loss or damage have been policy, (ii) modify any prior endorsement, (iii)extend the Date definitely fixed in accordance with these Conditions, the payment of Policy,or(iv) increase the Amount of Insurance. shall be made within 30 days. 16. SEVERABILITY 13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT In the event any provision of this policy, in whole or in part, is held (a) Whenever the Company shall have settled and paid a claim invalid or unenforceable under applicable law, the policy shall be under this policy, it shall be subrogated and entitled to the deemed not to include that provision or such part held to be rights of the Insured Claimant in the Title and all other rights invalid, but all other provisions shall remain in full force and effect. and remedies in respect to the claim that the Insured 17. CHOICE OF LAW; FORUM Claimant has against any person or property, to the extent of (a) Choice of Law: The Insured acknowledges the Company has the amount of any loss,costs, attorneys'fees, and expenses underwritten the risks covered by this policy and determined paid by the Company. If requested by the Company, the the premium charged therefor in reliance upon the law Insured Claimant shall execute documents to evidence the affecting interests in real property and applicable to the transfer to the Company of these rights and remedies. The interpretation, rights, remedies, or enforcement of policies of Insured Claimant shall permit the Company to sue, title insurance of the jurisdiction where the Land is located. compromise, or settle in the name of the Insured Claimant Therefore, the court or an arbitrator shall apply the law of the and to use the name of the Insured Claimant in any jurisdiction where the Land is located to determine the validity transaction or litigation involving these rights and remedies. of claims against the Title that are adverse to the Insured and If a payment on account of a claim does not fully cover the to interpret and enforce the terms of this policy. In neither loss of the Insured Claimant, the Company shall defer the case shall the court or arbitrator apply its conflicts of law exercise of its right to recover until after the Insured Claimant principles to determine the applicable law. shall have recovered its loss. (b) Choice of Forum: Any litigation or other proceeding brought (b) The Company's right of subrogation includes the rights of the by the Insured against the Company must be filed only in a Insured to indemnities, guaranties, other policies of state or federal court within the United States of America or insurance, or bonds, notwithstanding any terms or conditions its territories having appropriate jurisdiction. contained in those instruments that address subrogation 18. NOTICES,WHERE SENT rights. Any notice of claim and any other notice or statement in writing 14. ARBITRATION required to be given to the Company under this policy must be given Either the Company or the Insured may demand that the claim or to the Company at First American Title Insurance Company, controversy shall be submitted to arbitration pursuant to the Title Attn: Claims National Intake Center, 1 First American Way, Insurance Arbitration Rules of the American Land Title Association Santa Ana, Califomia 92707, Phone:888.632.1642. ("Rules"). Except as provided in the Rules, there shall be no joinder or consolidation with claims or controversies of other persons. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Insured arising out of or relating to this policy, any service in connection with its issuance or the breach of a policy provision,or to any other controversy or claim arising out of the transaction giving rise to this policy. All arbitrable matters when the Amount of Insurance is $2,000,000 or less shall be arbitrated at the option of either the Form 5011400(7-1-14) Page 5 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) CLALLAM TITLE COMPANY OWNER'S POLICY FIRST AMERICAN TITLE INSURANCE COMPANY SCHEDULE A Order Number: 123020 Policy Number: 5011400-1507311e Date of Policy: September 13, 2016 at 3:37PM Amount of Insurance: .x,350,000.00 1. Name of Insured: City Of Port Angeles, a municipal corporation 2. The estate or interest in the land which is covered by this policy is: Fee Simple 3. Title to the estate or interest in the land is vested in: The Named Insured 4. The land referred to in this policy is described as follows: Lots 6 to 15 inclusive, Block 444, Townsite of Port Angeles, Clallam Comity, Washington: TOGETHER WITH the Sixteenth/Seventeenth Street alley lying Westerly of Tumwater Truck Route, abutting Lots 6 to 15, Block 444, Townsite of Port Angeles; ALSO TOGETHER WITH that portion of the North half of Seventeenth Street abutting Lots 11 through 15, Block 444, Townsite of Port Angeles, Clallam County, Washington, described as follows: Beginning at the Southwest corner of said Lot 1 I, Thence South 56°4433" East alone the South line of said Lots I 1 through 15 a distance of 238.95 feet to a point that bears North 56°4433" West 11.00 feet from the Southeast corner of said Lot 15; Thence South 42°47'37" West 35.49 feet to the centerline of Seventeenth Street; Thence North 56°44'33" West along the centerline of Seventeenth Street 233.06 feet to a point which is 35 feet East of the centerline oll""A" Street when measured at right angles thereto; Thence North 33°13'23" East parallel with the centerline of"A" Street a distance of 35.00 feet to the Southwest corner of said Lot 1 I and the point of beginning, Situate in Clallam County, State of Washington. ALTA Owner's Policy 6-17-06 SCHEDULE B Order Number: 123020 Policy Number: 5011400-1507311c This policy does not insure against loss or damage(and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: General Exceptions: A. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. B. Any facts, rights, Interest, or Claims which are not shown by the public records but which Could be ascertained by an inspection of said land or by making inquiry of persons in possession thereof. C. Casements, claims of easements or encumbrances which are not shown by the public records. D. Discrepancies, conflicts in botiulary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by public records. E. (A) Unpatented mining claims, (B) Reservations or exceptions in patents or in acts authorizing the issuance thereof, (C) Water rights,claims or title to water; whether or not the matters excepted under(A), (B)or(C) are shown by the public records; (D) Indian tribal codes or regulations, Indian treaty or aboriginal rights,including easements or equitable servitudes. F. Any lien, or right to lien for services, labor, materials,or medical assistance theretofore or hereafter furnished, imposed by law and not shown by the public records. G. Any service, installation,connection, maintenance,construction, tap or reimbursement charges/costs for sewer, water, garbage or electricity. Special Exceptions: I. Any Clann to (a) Ownership of or rights to minerals and similaI"Substances, Including but not limited to ores, metals, coal, lignite,oil,gas, uranium, clay,rock, sand, and gravel located in, on, or under the Land or produced from the Land,whether such ownership or rights arise by lease, grant, exception, conveyance, reservation, or otherwise; and (b) any rights,privileges, immunities, rights of way, and easements associated therewith or appurtenant thereto, whether or not the interests or rights excepted in (a) or(b) appear in the Public Records. 2. Reservations contained in deed from Clallam County recorded tinder recording no. 282600, reserving all oil,gases, coal, ores, minerals, fossils, etc., and the right for opening, developing and working the same, together with any right to acquire easements or rights of way; Providing that all such rights shall not be exercised until provision has been made to compensate for damage sustained by reason of the exercise of such rights. Affects: Lots 14 and 15 LPB ALTA Owner's Policy 6-17-06 3. Reservations contained in deed fi-0111 Clallam County recorded under recording no. 319897, reserving all oil, luases. coal, ores, minerals, fossils, etc., and the right for opening, developing and working the samc, together with any right to acquire easements or rights of way; Providing that all such rights shall not be exercised until provision has been made to compensate for damage sustained by reason of the exercise of such rights. Affects: Lots 6-13, irnclusive 4. Terms and provisions contained in ordinance no. 3183, recorded March 18, 2005 under Recording No. 2005 1 152715. Affects: Vacated alley in Block 444. 5. Terms, covenants, Conditions and/or provisions Contained in all easement serving Said premises, as contained in instrument: Recorded: May 10, 2005 Recording No.: 2005 1156233 6. Easement, including terms and provisions contained therein: Recorded: May 18, 2005 Recording No.: 2005 1156728 In favor of: City of Port Angeles For: Storm drainage and roadway maintenance Affects: Portions of Lot 15 7. Terms and provisions contained in ordinance No. 3197, recorded June 15, 2005 under Recording No. 2005 1 158510. Affects: Vacated 17`x,Street 8. A record of Survey and matters relating thereto: Recorded: August 15, 2005 Recording No.: 2005 1162880 VolumclPage: 58177 001128 2016-1339579 Page2 Quit Ci.lm D.ed '" Clall.mTi t I. C."panv CrRjlam courity Washington 09113)20U6 03:37:04 PM When recorded return to: mill FIAT liw' 1ATA6 PI&P UNA III City of Port Angeles 32 1 East 5'r' St. NO 10 9 L` Port Angeles,, WA 98362 CLALLAM COUNTY TRANSACTION EXCISE TAX -76— ATE IT CLAIM DEED, PDAID SEP 13 2016 AMOUNT Coy TYPEASU� T THE GRANTORS Burt W. Reid and Kiki Reid,husband and wife BY: for and in consideration often dollars and other good and valuable consideration convey and quit claim to,City of Port Angeles, a municipal corporation all interest in the following described real estate, situated in the County of Clallam, State of Washington together with all after acquired title of the grantor herein: Lots 6 to IS inclusive, Block 444, Townsite of Port Angeles, C lallarn County, Washington-, TOGETHER WITH the Sixteenth/Seventeenth Street alley lying Westerly of'rUillwater Truck Route, abutting Lots 6 to 15, Block 444, Townsite of Port Angeles; ALSO TOGETHER WITH that portion of the North half of Seventeenth Street abutting Lots 11 through 15, Block 444, Townsite of Port Angeles,, Clallarn County, Washington, described as follows: Beginning at the Southwest comer of said Lot I I; Thence South 56'44'33" East along the South line of said Lots I I through 15 a distance of 238.95 feet to a point that bears North 56'44'33" West 11.00 feet from the Southeast corner of said Lot 15; Thence South 42'47'37" West 35.49 feet to the centerline of Seventeenth Street; Thence North 56'44'33" West along the centerline of Seventeenth Street 233.06 feet to a point which is 35 feet East of the centerline of"A" Street when measured at right angles thereto; Thence North 33'13'23" East parallel with the centerline of``A" Street a distance of 35.00 feet to the Southwest corner of said Lot I I and the point of beginning. Tax Parcel Numbers: 0630063000 044425 and 063000 04445,0 Dated: '17 Burt W. Reid Kiki Reid LP13 12-05(i-1)rev 12/2006 Page 1 of 2 STATE OF WASHINGTON ss COUNTY OF CLALLAM I certify that I know or have satisfactory evidence that Burt W. Reid and Kiki Reid are the persons who appeared before me, and said persons acknowledged that they signed this instrument and acknowledged it to be their free and voluntary act for the uses and purposes mentioned in this instrument. Dated: &Atz&-hxA-� 706 CLAUDETTE I. M1,Noft Notary Public in and for the f�,,sfa�t of Washington Notory Public Residing at Port Angeles SlOtO 'Of W01shiniggion My appointment expires X", '36 My err MI Expire$, MOtch 090 21020 EM LP13, 12405(i-1),rev 12/2,006 Page? rade Aia.l;, 31 1, —1016 Dam Npl;i "Cee -I City Nlanager City of Port Angles -. Port .�:�ige.les ��'a. � <�af7'1 Tie: Offer leder dated X3/30/ 16 Dear- Dail: Weare in receipt of your above referenced le: tte k- and are p€ep�jreci to accept the offer therein contained oil the follmvin,�, conditions: 1. The offcr is approved and closed �i�F dui thec dt 2. The city accept the responsibility for the excise tax It is nly understandi€lg that: the sale is exempt from the tax but only if the city pursues 11:te exeillpt Statl€S. 3. Title insurance; cost, and escrow fees to be split -50%- 0. 4. Title transfer shall be by Quit claim Deed. ( t ae du,teed title✓ from the C.-tt-v by fruit Claim Deed on three Of the four pieces that 1 plat together}. i. The sale shall be closed in esumv at: I would suggest that you have. the City of Port Angeles legal council draft a for€sial Earnest Money agree€nent to be sure that everyone' concerns are properly addressed ASAP. Note: There is a balance owing: on the property of approximately $120,000 at Sound Cosllmi€tlity Bank.. Said balance shall be paid off From the proceeds hereof from escrow. Sincerely Burt and %ilei Reid � ro Advantage Escrow Company Claudette Mingori Limited Practice Officer Escrow Officer 802 East First Street, Suite i PO Box 1780 Port Angeles, WA 98362 360-457-3000 Phone 360-457-9222 Fax advantageclaudette@olypen. coin s City Manager's Office August 30, 2016 Burt Reid 919 W. Lauridsen Blvd. Port Angeles, WA 98362 Re: Offer Letter Dear Mr. Reid: Furthering the City's interest in acquiring your property located between South Tumwater Truck Route and South A Street as discussed in our July 7, 2016 letter of the same subject, the City is willing to offer $350,000. This purchase offer is contingent on the approval by the Real Estate Committee and the City Council. Please respond to this offer, in writing, within 30 days. Sincerely, f Dan McKeen City Manager Phone: 360-417-4500 / Fax: 360-417-4509 / TTY: 360-417-4645 Website: www.cityofpa.us / Email: citymanager@cityofpa.us 321 East Fifth Street - P.O. Box 1150 / Port Angeles, WA 98362-0217 PORTNGELES -A' W ASH 1 N GTO N, U.S.A. City Manager's Office September 12, 2016 Advantage Escrow Company 802 East 1St Street, Suite 1 Port Angeles, WA 98362 Attn: Claudette Mingori, Designated Escrow Officer / LPO Re: Sale of Reid property to City of Port Angeles Dear Ms. Mingori, In preparation for closing this transaction, this letter will confirm the following: • At its regular meeting on September 6, 2016, the City Council approved the purchase of the Reid property. • The conditions outlined in the attached September 1, 2016, letter have been satisfied. • Title to the property, as depicted in the. Commitment dated August 25, 2016, are acceptable. • The City will deliver to you prior to September 16, 2016, the amount due from the City on closing as shown on the Buyer's Statement dated September 16, 2016. The final condition, to be satisfied as part of the closing, is that Advantage Escrow will cause to be paid, discharged, and satisfied in full, from the funds deposited into escrow and prior to any disbursement to the Seller, the encumbrance shown as paragraph 11 of Schedule B of the Commitment. Our understanding is that all underlying balances owed on said property will be paid off from the proceeds from escrow. On the basis of the foregoing, the City asks you to proceed with closing at your earliest convenience. Thank you. for your attention to this matter. I will be signing the closing documents on behalf of the City. Sincerely, Dan McKeen City Manager. Phone: 360-417-4500 / Fax: 360-417-4509 / TTY: 360-417-4645 Website: www.cityofpa.us / Email: citymanager@cityofpa.us 321 East Fifth Street - P.O. Box 1150 / Port Angeles, WA 98362-0217