Resolution No. 82-40 CITY OF TIGARD, OREGON
RESOLUTION NO. 82- G
a RESOLUTION OF THE TIGARD CITY COUNCIL SEGREGATING THE ASSESSMENT
ON GALTON AND MEEKCOMS PROPERTY IN THE VARNS ROAD LID NO. 16.
WHEREAS, the State of Oregon is acquiring a portion of this
parcel for right-of-way for construction of the Hwy. 217/72nd
Avenue off-ramp; and
WHEREAS, the State of Oregon wishes to acquire the property
free of liens; and
WHEREAS, the city and and the property owners have reached an
agreement for the satisfaction or segregation of this assessment,
NOW, THEREFORE,
BE IT RESOLVED that the City Council authorizes the Mayor of
the City of Tigard to sign an agreement with the property owners,
ZANLEY and CLAIRE GALTON and DANIEL and RACHELLA MEEKCOMS,
containing the following provisions:
"r t;
1) That a Bancroft bonding agreement has been signed for the
total amount assessed to the remaining parcel;
Aft, 2) That the property owners agree that within thirty (30) days
of signing the agreement, the property owners will satisfy the lien
relating to the street improvement which is attributable to the
M portion of the parcel the state is taking. The amount due will be
s $5,911.88 principal. All interest costs owing are payable now;
3) The property owners agree that the amount of the sewer
assessment, $6,255.78, owed for the portion being acquired by the
' state is transferred to the remaining portion of the parcel being
retained by the property owners;
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4) The property owners agree that they are obliged for both
`< amounts of the street and sewer assessments attributable to the
remaining portion of the parcel which they are retaining. These
amounts are $16,031.82 for sewers and $12,986.88 for streets; and
-� 5) The property owners further agree that once the lien for
cA $5,911.88 referred to in paragraph 2 above has been satisfied, the
property owners will remain obligated for a total of $35,274.48,
representing $22,287.60 for sewers and $12,986.88 for streets.
App"PASSED: This aA day of , 1982, by the Council of
.g the City of Tigard.
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Mayor - City of T gard
ATTEST-
City Recorder - CA#y1of Tigard
RESOLUTION NO. 82-40