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HomeMy WebLinkAboutSatisfaction Improvement Agreement 87-03513September 28, 2016 Awk CENTRAL POINT Jackson County Official Records 2016-032522 R -RAG SN=O MORGANSS 1010312016 02:50:38 PM $5.00 $4.00 $10.00 $20.00 $5.00 $9.00 $63.00 $1100 I, Christine Walker, County Clerk for Jackson County, Oregon, cer" that the rnetiument Identified herein wee recorded In tiro Clark records. Christine Walker - County Cleric RELEASE OF DEFERRED IMPROVEMENT AGREEMENT For Far West Federal Bank 372W11A200, Central Point Be it known by all present that the undersigned does hereby certify and declare that certain obligations filed against the property listed below and attached to this release and showing the filing number of said records in the office of the County Clerk of Jackson County, State of Oregon. Release of original Deferred Improvement Agreement, between the City of Central Point and Far West Federal Bank entered into on October 2, 1986. City of Central Point Property located in the Township 37, Range 2W, Section 11A, Tax Lot 200, of the Willamette Meridian, City of Central Point, Jackson County, Oregon. Recording Number: 87-03513 Recording Date: 10/02/1986 AL Matt Samitore City of Central Point STATE OF OREGON ) )ss. County of Jackson ) q -2k Date On theaJ'day of September, 2016, personally appeared before me the above-named, Matt Samitore, and acknowledged the foregoing instrument to be the voluntary act and deed of the City of Central Point. AWL OFFICIAL STAMP 4" � &'—",4� C" MIA A YYEQGS Notary Public for Oregon NOTARY PUBLICi011 0011 COMMISSION No. 9=p2aMy Commission Expires: (0/p(pl0 W CONW88" EI91RE8 Am OR iM0 140 S. 3rd a Central Point, OR 97502 0 541-664-3321 a Fax 541-664-6384 ;i -03,5 13 DEFERRED IMPROVEMENT AGREEiIENT C)- Property identification: 37 2W 11A, 1'ax Lot 20,0 5,55 Freeman Road, Central Point. (Legal description a€ tacked) THIS AGREEMENT between the CITY OF CENTRAL POINT, herein - Far West Federal Bank S. B. after referred to as "City," and , hereinafter referred to as "Owner." WHEREAS, Owner desired to develop the property described in Exhibit "A" but wishes to defer construction of permanent improvements beyond the time limits otherwise required, and City agrees to such deferment provided Owner agrees to construct improvements as herein provided; NOW, THEREFORE, IT IS AGREED AS FOLLOWS; I. AGREEMENT BINDING ON SUCCESSORS IN INTEREST This agreement is an instrument affecting the title and possession of the real property described in Exhibit "A". All the terms and conditions herein imposed shall run with the land and shall be binding upon and inure to the benefit of the successors in interest of Owner. Upon any sale or division of the property described in Exhibit "A", the terms of this agreement shall apply separately to each parcel and the owner of each parcel shall succeed to the obligations imposed on Owner by this agreement. 1. N 5T'V RE OF Oil! IGF,T ON A. City and Owner agree that the improvements set forth in this section may be deferred because immediate installation of such improvements is not deemed practical at this time. B. Owner agrees to construct the following improve- ments in the manner set forth in this agreement: Sewer, water, storm drainage systems; curbs, gutters, side- walks, paving, and street improvements as included in any future local improvement districts that may benefit the herein -described property. DEFERRED 7MPROVE:,: NT AGREEMENT -1 C87-035 3 C. When the City Administrator determines that the reason(s) for the deferment no longer exist(s), he shall notify Owner, in writing, of terms •for perform- ance of the work. The notice shall be mailed to the current owner or owners of land as shown on the latest adopted county assessment roll.. All or any portion of said improvement may be required at a specified time. Each Owner shall participate on a pro rata basis of the cost of installation of the improvements. III. PERFORMANCE OF THE WORK BY OWNER Owner agrees to the performance of the work deferred hereby, by conformance with one of the following options: A. WORK PERFORMED BY OWNER - Owner is responsible for performance of the work and obtaining contractors therefor. Owner shall cause satisfactory plans and specifications for the improvements to be prepared and . to submit said plans and specifications to the City Administrator for approval prior to commencement of the work to be done. Such work shall be done in accordance with City standards in effect at the time the improve- ment plans are submitted for approval. Owner agrees to make payments required by the City including, but not limited to engineering deposits, permit fees and inspection fees. Owner shall notify the City Adminis- trator at least forty-eight (48) hours prior to the start of work. Prior to approval of improvement plans by the City, Owner may be required to execute and deliver to the City, a performance bond in an amount and fora accepta- ble to the City, to be released by the City .�s, whole or in part upon the City's final acceptance of the work performed. If Owner disagrees with the requirements set forth for installation of improvements as provided in this section, he shall, within thirty (30) days of the date the notice from the City Administrator was mailed, request a review of the requirements by the City Council_ The decision of this Council shall be binding upon both the City and the Owner. B. CONSTRUCTION AS LOCAL IMPROVEMENT TO BE ASSESSED AGAINST PROPERTY - Owner's si:nature hereon shall be D -E ERRED IMPROVEMENT AGREEEMIENT -2 equivalent to a petition required un Section 11 .04.020 of the Central Point ftni.cipal Code. If owner does not complete the• improvements hi -self under Provisions of paragraph III, A, above, the City may do the work as a local improvement project following the procedures established by ordinance for such projects and assess the cost against the property specially benefited. Permission to enter onto the property of the owner is granted to the City or its contractor as may be necessary to construct such improvements_ Owner hereby waives any right of remonstrance to said improvements. IV. MAINTENANCE OF IMPROVEMENTS Owner agrees to provide any necessary temporary facilities, access road or other required improvements, to assume responsibility for the proper functioning thereof, to submit plans to the appropriate City agency for review if required, and to maintain said improve- ments and facilities in a manner which will preclude any hazard to life or health or damage to adjoining property. City agrees to accept for maintenance those improve- ments specified in Section II, excepting sidewalks, which are constructed in accordance with City stan- dards, which are constructed in accordance with City standards, which are installed within right-of-ways or easements dedicated and accepted by the City, and which' have received final acceptance by the City. ,%-here the required work is performed by Owner pursuant to the above Section III, B, the City Administrator will provide adequate and timely progress inspection of said work and upon completion of any said improvements in accordance herewith, will issue to the Owner his final certificate of inspection and acceptance thereof; provided, however, the Owner shall guarantee all improvements to be constructed in a workmanlike manner and to be free of defects for a period of t -::o ( 2 ) years from the date of issuance of the final certificate and acceptance. If, in the opinion of the City Administra- tor, it shall be necessary to repair or replace all or part of such improvement within said two-year period, the City Administrator shall so notify the Owner and it shall be the responsibility of said Owner to construct the necessary repair or replacement. If such construc- tion is not accomplished in a timely fashion, the City DEFER RED ":-P'.� ' ,,. �X04; l T C}�:':t �4 1 -3 '1 035 may construct or contract for such construction, and the 0,.,'ner shall be respons:;!:. rr ror al. COS -'S 4-Lncurred. Assessment for such construction shall be as provided in Part IV. DATED this wE' day of OWNER CITY OF CENTRAL POINT Far West Federal Bank,, S.. B. "',_ . • 11. /Kenneth J. alter David Kucera, City Administrator' SUBSCRIBED AND SWORN TO before me ntha s 19 by No t a r y Pu n o T-Oregc`n T My commission expires: T .. % moi f ; Notary Public f'o-r-Oregon My commission expires 5/16/8T' DwFERRwD TNPROVE!,rENT AGRB.E.' ENT -4 'a B o Y D L N SURVEYORS Q "SINCE 1923" ".h A,�?K E. BCY E€�' 108 MISTLETOE ST., MEDFORD, OREGON 97501 GARY D. KAISER P P,- s ORE 28; PHONE (503) 773-6000 q P L's ORE 803 LAND DESCRIPTION OF A TRACT LYING ADJACENT TO AND NORTHERLY FROM THE MEADOWS (A proposed Subdivision) FOR: Mr. Neil Scheuneman Commencing at the Southwest corner of Donation Land Claim No. 56, Township 37 South, Range 2 West of the Willamette Meridian in Jackson County, Oregon; thence along the West boundary of said cla..m, North 00 03' 40" East, 1004.26 feet to the true point of beginning; thence continue North 00 03' 40" East, 141.00 feet; thence North 890 57' East, 327.00 feet; thence South 00 03' 40" West, 141.00 feet to a point 20.00 feet Northerly at right angles from the South boundary of trace described in Volume 24, Deeds, Page 39 of records in said county; thence parallel with said South boundary, South 891 57' West, 127.00 feet to the true point of beginning. SUBJECT TO: 1. The rights of the publi=c in and to that portion lying within the right-of-way o` Freeman Road. 2. :easements, restrictions and encumbrances as defined in the Title Report, 3. Existing utilities or other existing conditions, not of record, that effect the -a_itle or use of the land. 1' K Jackson County, Qxeg®r [� Recmded 0FFICIAL RFC0Aj)S ,"• Zz- FEB 2 4 68-r -"�'M. CLEC R1'a._an and BECOIRDER April 16, 1986 ' y R E G I S T E R E D PROFESSIONAL ND SURVEYOR 1, O R E G O NOV. $, S9 1 MARK E. BO EN 281