H-582                _______________________________________________

                                                     HOUSE BILL NO. 97

                        _______________________________________________

State of Washington                              50th Legislature                              1987 Regular Session

By Representatives Braddock, Haugen, Kremen and Ferguson

Read first time 1/16/87 and referred to Committee on Local Government.

AN ACT Relating to the sale of property by special districts; and amending RCW 56.08.090 and 57.08.016.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  Section 2, chapter 51, Laws of 1953 as amended by section 2, chapter 103, Laws of 1984 and RCW 56.08.090 are each amended to read as follows:

(1) No real property of the district shall be sold for less than ninety percent of the value thereof as established by a written appraisal made not more than six months prior to the date of sale by three disinterested real estate brokers licensed under the laws of the state or professionally designated real estate appraisers as defined in RCW 74.46.020.  The appraisal shall be signed by the appraisers and filed with the secretary of the board of commissioners of the district, who shall keep it at the office of the district open to public inspection.  Any notice of intention to sell real property of the district shall recite the appraised value thereof:  PROVIDED, That there shall be no private sale of real property where the appraised value exceeds the sum of five hundred dollars.

(2) If no purchasers can be obtained for the property at ninety percent or more of its appraised value after ninety days of attempting to sell the property, the sewer district shall obtain a second appraisal of the property and attempt to sell the property for another ninety-day period for at least ninety percent of this second appraised value.  If no purchaser is found after this second ninety-day period, the board of commissioners of the sewer district may adopt a resolution indicating its inability to sell the property at this ninety percent amount, and then may sell this property at the highest value it can obtain.

        Sec. 2.  Section 2, chapter 50, Laws of 1953 as amended by section 3, chapter 103, Laws of 1984 and RCW 57.08.016 are each amended to read as follows:

(1) No real property of the district shall be sold for less than ninety percent of the value thereof as established by a written appraisal made not more than six months prior to the date of sale by three disinterested real estate brokers licensed under the laws of the state or professionally designated real estate appraisers as defined in RCW 74.46.020.  The appraisal shall be signed by the appraisers and filed with the secretary of the board of commissioners of the district, who shall keep it at the office of the district open to public inspection.  Any notice of intention to sell real property of the district shall recite the appraised value thereof:  PROVIDED, That there shall be no private sale of real property where the appraised value exceeds the sum of five hundred dollars.

(2) If no purchasers can be obtained for the property at ninety percent or more of its appraised value after ninety days of attempting to sell the property, the water district shall obtain a second appraisal of the property and attempt to sell the property for another ninety-day period for at least ninety percent of this second appraised value.  If no purchaser is found after this second ninety-day period, the board of commissioners of the water district may adopt a resolution indicating its inability to sell the property at this ninety percent amount, and then may sell this property at the highest value it can obtain.