6b reso

RESOLUTION NO. 3675 
A RESOLUTION     of the Port Commission of the Port of Seattle
declaring four parcels of certain real property 
located at: 28th Avenue and 200th Street, and
on 28th Avenue south of 200th Street, SeaTac,
Washington, to be surplus and no longer
needed  for  port  district  purposes  and
authorizing the Chief Executive Officer to
execute  all  documents  necessary  for
conveyance of the title to and sale of the real
property to Sound Transit. 

WHEREAS, on May 22, 2012, the Port of Seattle Commission approved the South Link
Light Rail Agreement with Sound Transit to establish the real property, financial design and
construction arrangements for the construction of the South Link Project and authorized the
Chief Executive Officer to execute all necessary documents to effectuate that agreement; and 

WHEREAS, supporting the South Link Project will provide a long-term solution in
regional transportation by expanding the existing Link Light Rail access to the Airport and
enabling the region to continue to receive the economic benefit of Link Light Rail; and 

WHEREAS, Sound Transit has identified four parcels of real property, ("Property") two
of the parcels are located at 28th Avenue S. and 200th St. in SeaTac, WA and two of the parcels
are located south of 200th on 28th Avenue in SeaTac, WA that are owned by the Port and that
Sound Transit needs for the construction of the South Link Project; and 

WHEREAS, the Property is described on attached Exhibit A; and 

WHEREAS, the Property has been appraised to determine the fair market value; and 

WHEREAS, the appraised value of each of the four individual parcels that comprise the
Property are: $2,383,000 (two remnant parcels in #042204936) and $1,010,000 (two parcels - 
#3445000095 and 3445000098), for a cumulative appraised total of $3,393,000.

WHEREAS, Chapter 39.33 of the Revised Code of Washington provides that the Port
may "sell, transfer, exchange, lease or otherwise dispose of any property  to the state or any
municipality or any political subdivision thereof  on such terms and conditions as may be
mutually agreed upon "; and 

WHEREAS, the Property described in Exhibit A are no longer needed by the Port and
can be declared surplus; and 

NOW, THEREFORE, BE IT RESOLVED by the Port Commission of the Port of
Seattle that: 
Section 1.   The four parcels of real property described on exhibit A attached to this
Resolution is no longer needed for Port purposes and is declared surplus. 
Section 2.   The four parcels of real property described in exhibit A has a cumulative
estimated fair market value of $3,393,000. 
Section 3.   Pursuant to Chap. 39.33 RCW, the Chief Executive Officer is authorized
to take all steps and execute all documents necessary to convey title to the real property
described in exhibit A to Sound Transit.

ADOPTED by the Port Commission of the Port of Seattle at a duly noticed meeting
thereof, held this ______day of ________, 201___, and duly authenticated in open session by the
signatures of the Commissioners voting in favor thereof and the seal of the Commission. 






Port Commissioners

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