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HomeMy WebLinkAboutSatisfaction Improvement Agreement 89-09381October 18, 2016 AX CENTRAL POINT Jackson County Official Records 2016-034486 R-RAStn=O SHINGLJS 1011912016 1 0:07:28 AM tn $5.00 $8 00 $11.00 $10.00 $20.00 $5.00 $63.00 $4.00 I, Chrbdne Wallow, county Clerk for Jackson County, Oregon, "rely Nat the im"o ent Idandfled herein visa recorded In Me CNrk fecOrde. Christine Walker -County Clerk SATISFACTION OF DEFERRED IMPROVEMENT AGREEMENT For A Joint Venture Michael Moran & Robert Hayes 372W3DD9406, 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. Satisfaction of original Deferred Improvement Agreement, between the City of Central Point and Michael Moran & Robert Hayes entered into on February 17, 1989. City of Central Point, October 2016 Property located in the Township 37, Range 2W 3DD of the Willamette Meridian, Tax Lot 9406 Recording Number: 89-09381 Recording Date: 05/08/89 /746---k Matt Samitore City of Central Point STATE OF OREGON ) )ss. County of Jackson ) Date On the ALlay of July, 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. CY OFFICIAL. �l,K! NOTARY PlIBLN`.ONEOON COMMISSION NO. 950M W comssm 811111111113 AIME SI, = Ndtary PublicOregon My Commission Expires: 0WO(0l010 sq -09:381 Property identification: "?"0/ DEFERRED IMPROVEMENT AGREEMENT 37 21;I 3DD, TL 9406 (Legal description attached a�� r THIS AGREEMENT between the CITY OF CENTRAL POINT, herein after referred to as "City," and A Joint Venture Michael. Moran and Robert Bayes 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. II. NATURE OF OBLIGATION 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 improvements in the manner set forth in this agreement: Storm drainage systems, bikepaths, sidewalks, curbs, gutters paving and street improvements and streetlights that may benefit the herein described poperty. 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 performance 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. A11 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. DEFIMPRO.AG/PLANWK I, 89-09381 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 improvement 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 form accepta- able to the City, to be released by the City in 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 improve- ments 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 signature hereon shall be equivalent to a petition required in Section 11.04.020 of the Central Point Municipal Code. If Owner does not complete the improvements himself 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. Per- mission 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 improvements 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 improvements specified in Section II, excepting sidewalks, 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. Where 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 im- DEFIMPRO.AG/PLANWK 89-09381 provements to be constructed in a workmanlike manner and to be free of de- fects for a period of two (2) years from the date of issuance of the final certificate and acceptance. If, in the opinion of the City Administr 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 a it shall be the responsibility of said Owner to construct the necessary repair replacement. If such construction is not accomplished in a timely fashion, the City may construct or contract for such construction, and the Owner shall be responsible for all costs incurred. Assessment for such construction shall be provided in Part DATED this 17th day of February —, 19 89 . 0% CITY OF CENTRAL POINT . ... ...... J BY. SUBSCRIBED AND SWORN To before me this lith day of February r 19 89, by Robert W. Hays and Michael J.Moran M. 3-22-91 1')3, Q ya "N SUBSCRIBED AND SWORN TO before me this day of David Kucera — --------------- N� t N Notary Public for Oregon My Commission expires X39-993€1 EXHIBIT "Ass Commencing at the northeasterly corner of Lot 1, Block 14 of the City of Central Point, Jackson County, Oregon, thence South 35030' East, along the easterly line of said Lot, 166--2/3 feet to the true point of beginning; thence continue South 35030' East, along the easterly lime of Lot 1, a distance of 53-1/3 feet to the northeasterly corner of that tract described in deed recorded as Document No. 70--00523 of the Official Records of Jackson County, Oregon; thence South 54030' West (record South 54051130" West) along the northwesterly line of said tract, 110.0 feet to the center line of vacated alley; thence North 35030' West, along center line of said alley, 10.0 feet; thence South 54130' West 10.0 feet to the southeasterly corner of Lot 10 in said Block; thence North 35°30' West, along the easterly line of Lots 10 and 9, a distance of 43-1/3 feet to a point that is South 54°30' West from the true point of beginning; thence North 54030' East 120.0 feet to the true point of beginning. (Code 6--2, Account #1r-14119-6, Map #372W3DD, Tax Lot #9400) (Code 6-2, Account #1-62612-7, Map #372W3DD, Tax Lot #9406) Jackson County, Oreg= Recorded C?FMCIAL RECORDS MAY 8 KATHLEEN S. BFCKb2TR CILPIR RD ' Dept",