2024-018243 ~ 68th Parkway ~ 66th Street Washington County,Oregon 2024-018243
D-AG
Stn=2 S AKINS 04/30/2024 03:16:12 PM
$30.00$5.00$11.00$5.00$60.00 $111.00
RECORDING REQUESTED BY I,Joe Nelson,Director of Assessment and Taxation and Ex-Officio
County Clerk for Washington County,Oregon,do hereby certify that
AND WHEN RECORDED MAIL TO: the within instrument of writing was received and recorded in the
1V book of records of said county.
Joe Nelson, Director of Assessment and
Taxation, Ex-Officio County Clerk
Triangle Pointe Two LLC
901 NE Glisan St Ste 100
Portland OR 97232
Attn: Ian Lewallen
'Space Above for Recorder's Use]
TERMINATION AND RELEASE OF
1-1 NON-STATUTORY DEVELOPMENT AGREEMENT
0
Triangle Pointe Two LLC, an Oregon limited liability company ("TP Two") and Triangle
Pointe, LLC, an Oregon limited liability company ("TP," and together with TP Two,
"Developers") and the City of Tigard, a municipal corporation of the State of Oregon ("City")
recorded that certain Non-Statutory Development Agreement in the Official Records of
Washington County on August 11, 2017, as Document No. 2017-063569 (the "Development
z Agreement").
a WHEREAS, TP is the owner of the real property/tract shown on Exhibit A.2, also known
as"Tract 1." TP Two is the owner of the real property/tract shown on Exhibit A.3, also known as
u° "Tract 2." Tract 1 and Tract 2 abut each other, as depicted on Exhibit A.1 hereto.
a,
WHEREAS,the City and TP wish to formally terminate the Development Agreement as it
3 relates to both Tract 1 and Tract 2, and release it from the Official Records of Washington County,
= Oregon.
a,
NOW, THEREFORE, in view of the foregoing, and in consideration of the mutual
= covenants herein contained, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the City and Developers hereby terminate the
Lai Development Agreement, such termination to be effective as of the date of the recordation of this
aTermination and Release. From and after the date hereof, the Development Agreement shall be
null,void and of no further force and effect.
LL
TRIANGLE POINTE TWO LLC,
a Delaware limited liability company
By:
Steven D. Deacon, Manager
TRIANGLE POINTE, LLC,
an Oregon limited liability company
By:
Steven D. Deacon, Manager
State of Oregon )
)ss.
County of )
This instrument was acknowledged before me on April 21,13t,2024,by Steven D. Deacon
as manager of Triangle Pointe, LLC, an Oregon limited liability company.
,4,101ati,- OFFICIAL STAMP
n, �jrrt. IAN GRANT LEWALLEN
a[�ri NOTARY PUBLIC-OREGON
COMMISSION NO.1030875
MY COMMISSION EXPIRES NOVEMBER 15,2026 Notary Public—State of Oregon
My Commission Expires:/0.0Y4
State of Oregon )
)ss.
County of )
This instrument was acknowledged before me on April 2-41-/k , 2024, by Steven D.
Deacon as manager of Triangle Pointe Two LLC, a Delaware limited liability company.
uF • OFFICIAL STAMP
w`^ IAN GRANT LEWALLEN
z + �'; NOTARY PUBLIC-OREGON PAAJM.
COMMISSION NO.1030875 Notary Public—State of Oregon
85 MY COMMISSION EXPIRES NOVEMBER 15,2026
My Commission Expires: / 1 c Z'2
2
CITY OF TIGARD, OREGON
B R /i.
Y:
Steve Ryme,, Tigard 'ity Manager
State of Oregon )
)ss.
County of civii;n to )
This instrument was acknowledged before me on April 3-4'4, 2024, by Steve Rymer, as
the City Manager of the City of Tigard, Oregon, duly authorized by the City Council to execute
this Termination on behalf of said City.
+I"`�'> __.._., OFFICIAL STAMP
CAROL ANN KRAGER `""
t NOTARY PUBLIC-OREGON °C"�
COMMISSION NO.1028802 ' Notary Public—State of Oregon
MY COMMISSION EXPIRES SEPTEMBER 20,2026 My Commission Expires: erAe Ler- 4,7 , Cha e
3
EXHIBIT A.2
LEGAL DESCRIPTION OF TRACT 1
A Tract of land being a portion of that tract of land describec in that deed recorded as
Document No, 2008-095193, Washington County Deed Records, located -n the Southeast one-
quarter of Section 1, Township 2 South, Range 1 West, of the VeiHarriette Meridian, in the City
of Tigard, Washington County, Oregon. Said Tract of land being more particelany described as
follows:
Beginning at a 5/8 inch iron roc with a yeliow plastic cap stamped "Westlake Consuitartsff
found at the most Westerly corner of said Document No, 2008-095193 tract. Said point being
on the Northeasterly right of way line of Oregon State Highway 217; thence tNlorth 58'5038"
East a distance of 156,89 feet to a 5/8 inch iron rod with a yellow plastic cap stamped
"Westlake Consultants"; thence North 31°09'41" West a''distance of 17,86 fee: to a point;
thence North 513°50`19"East a distance of 42.98 feet to a point; thence South 37°5027° East a
distance of 101,51 feet to d point; thence South 26°30'08" East a distance of 249.42 feet to a
5/8 Inch Iron rod with a yellow plastic cap stamped "Westlake Consu tants"; thence along a
100,00 foot radios rion-tangent curve to the right, through a central angle of 27°37'19", an arc
distance of 48.21 feet (the long chord of said cove bears North 54°20'53East a distance o
47.74 feet to a 5/8 inch iron rod with a yellow plastic cap stamped "Westlake Consultants";
thence North 68°09'27" East a distance of 129.19 feet to a 5/8 inch ron roc with a yellow
plastic cap stamped 'Westlake Consultants" found on the Southwesterly right of way line of SW
68° Parkway; tneece along sale Southwesterly right of way line, along a 50.22 foot non-tangent
curve to tee left, through a central angle of 35°3057", al arc distance of 31,13 feet (the long
chord of said curve bears South 33°4602" East a distance of 30.63 feet) to a brass screw with
a 314 inch brass washer stamped 'Westlake Consultants"; thence leaving said Southwesterly
right of way line, South 68°09'27" West a distance of 135.52 feet to a 5/8 inch Iron rod well a
yellow pastic cap stamped "Westlaee Consultants" found at a point of curve; thence along a
70.00 foot radius curve to :le left, through a central angle of 42'5117 , an arc distance of
52.36 feet (the long chord of said curve bears South 46°4349" West a distance of 51.14 feet to
a 5/8 inch iron rod with a yellow plastic cap stamped 'Westlake Consueants°'; thence South
57°0215"West a distance of 71,48 feet to a point; thence South 31°2235' East a distance of
218.80 feet to a point; thence South 58°2725"West a distance of 63.57 feet to a point; thence
South 31°22'35" East a distance of 67.;; feet to a point; thence South 58°27125" West a
distance of 40 30 feet to a point thence South 31°32'35" East a distance of 48.50 feet to a
point; thence South 58°47'27' West a distance of 24.27 feet to a point on said Northeasterly
right of way line of said Oregon State Highway 217; thence along said Northeasterly right of
way line the following 4 courses, North 31°32'53" West, a distance of 112.13 feet to a point;
thence North 32°12'39"West a distance of 194.51 feet to a point thence North 33°19'29"West
a distance of 77313 feet to a point; thence North 26°16'20"West a distance of 248.92 feet to a
point; thence North 31°06'53" West a distance of 74.34 feet to the true point of beginning of
the Tract of land herein described.
Said Tract of land contains an area of 2.7172 acres (118,362 square feet) more or less.
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EXHIBIT A.3
LEGAL DESCRIPTION OF TRACT 2
A Tract of laid being a porton of that tract of land described in that ceed recorced as
Document No. 2008-095193, Viashingtor Courty Deed Records, located in the Southeast one-
quarter of Section 1, Township 2 South, Range 1 West, of the Willamette Meridian, in the City
of Tigard, Washington County, Oregon. Said Tract of land being more particularly described as
follows:
Commencing at a 5/8 ,nch, eon rod with a yellow plastic cap stamped "Westlake Consultants"
found at the most Westerly corner of said Document No. 2008-095193 tract. Sam point being
on tee Northeasterly right of way line of Oregon State Highway No. 217; thence along said
Northeasterly right of way line the following 5 courses, South 31°06'53" East a distance of
74.34 feet to a point; thence South 26°16'26"East a distance of 246.92 feet to a point;thence
South 33°19" 28" East a distance of 77.38 feet to a point; thence South 32°1239" East a
distance of 194.51 feet to a point; thence South 31°3253"Cast a distance of 112.20 feet to the
true point of beginning of the Tract of land herein described; thence North 58°3725" East a
distance of 24.27 feet to a point; thence North 31°32'35" West a distance of 48.50 feet to a
point; thence 'North 58°2725East a distance of 40.30 feet to a point; thence North 3122'35"
West a distance of 67.88 feet to a point; thence North 58°27'25" East a distance of 63.57 feet
to a point; thence North 31°22'35' East a distance of 218.80 feet to a eiort; thence North
57°02'15"East a distance of 71..48 feet to a 5/8 Inch iron rod with a yellow p asta cap stamped
"Westlake Consultants"; thence South 32°51'35" East a distance of 249,26 feet to a 5/8 Inch
iron rod with a yellow plastic cap stamped "Westlake Consultants"; thence South 05°45'39"
West a distance of 127,14 feet to a 5/8 Inch "ron rod with a yellow plastic cap stamped
"Westlake Consultants"; thence South 30°39'07" East a distance of 156,11 feet to a 5/8 Inch
iron rod with a yellow plastic cap stamped "Westlake Consultants"; thence South 69°17'/14'
East a distance of 196.87 feet to a 5/8 inch iron roc with a yellow plastic cap stamped
"Westlake Consultants"; thence South 89°02'35" East a distance of 146.10 feet to a 5/8 Inch
Iron rod with a yellow plastic cap stamped"Westlake Consultants"; thence North 00°0040 East
a distance of 10.29 feet to a 5/8 inch Iron rod with a yellow plastic cap stamped"Westlake
Corsultants"; thence South 88°55'39"East a distance of 144.04 feet to a 5/8 inch iron rod with
a yellow plastic cap stamped"Westlake Consultants";thence North 07°54'41"East a distance of
387.00 feet to a point on the centerline of vacated SW Varnes Road; thence South 88°43'41"
East, along said vacated centerline, a distance of 36.61 feet to a point on the Westerly right of
way line of interstate Highway 5 as described in Washington County Circuit Court Case No.
C99-04840/ recorded January 24 , 2000 as Document No. 2000-005456; thence along said
Westerly right of way Ilne the following four courses, South 13°05'47"West a distance of 50.95
feet to a point;thence South 06°53'56' West a distance of 382.44 feet to a point;thence South
22°01'53"West a distance of 331.67 feet to a point on the Northeasterly right of way line of
said Oregon State Highway No, 217; thence along said Northeasterly right of way line, along a
110.00 foot offset spiral to the right, the long chord of said spiral bears North 5303872"West a
distance of 155,24 feel to a point that is a 110.00 foot offset to State Highway Centerline
Station 470+35.18 P.C.S,; thence along a 1035.92 foot radius curve to the right, through a
central angle of 06°12'00", an arc distance of 112.10 feet (the long chord of said curve bears
North 46°4434"West a distance of 112.04 feet) to a point that Is 110.00 feet opposite and to
the left of State Highway Centerline Station 469+11.18 P.S.C.; thence along a 110.00 foot
offset spiral to a 500.00 foot centerline spiral whose central angle is 12°3000', (the long chord
of said 110.00 foot offset spiral bears North 35°11'55"West a distance of 476.72 feet to a point
of non-tangency that is opposite State Highway Centerline Station 464+11.18 P.S.; thence
North 31°3253"West a distance of 117,83 feet to the true point of beginning of the Tract of
land herein described.
Said Tract of land contains an area of 6.0136 acres(261,950 square feet)more or less.
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EXHIBIT A.1
SITE MAP
EXHIBIT A.1
TRIANGLE POINTE TRACT MAP
7.1
66TH STREET ACCESS ROAD
\�S
.\fit
N
N
68TH PARKWAY ACCESS ROAD
PYLON SIGN
N
N
TRACT 1
TRACT
•
STATE A)jp 217 -._ti _`
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