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| Administrative Recommendation: |
| City Council to approve Resolution No. 5448 |
| Background Summary: |
Auburn initiated proceedings in King County Superior Court to seize property pursuant to RCW 69.50.505 because the property was being used to illegally manufacture marijuana . State law restricts the use of any such forfeited property and the proceeds from the sale of the property to further activities related to the expansion and improvements of controlled substance law enforcement.
The lien holder of the property has agreed to enter into a promissory note with the City whereby it will allow for the assignment of the Deed of Trust to the City and allow the City up to 6 months to sell the property, pay off the remaining balance of the loan principal with accrued interest without initiating any foreclosure proceedings.
Resolution No. 5448, if adopted by City Council, authorizes the Mayor to enter into a Settlement Agreement, execute a promissory note, and accept forfeited property on the City’s behalf. This property is declared not necessary for law enforcement purposes and therefore declared as surplus property and authorizes the Mayor to dispose of the property through a fair market sale. The Resolution, execution of the associated documents, and the sale of the property will satisfy the requirements of the promissory note, RCW 69.50.505, and provide additional unbudgeted funding for expansion and improvement of controlled substance related law enforcement activity. |
| Reviewed by Council Committees: |
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| Councilmember: |
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Staff: |
(Hinman) |
| Meeting Date: |
October 21, 2019 |
Item Number: |
RES.A |
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