Resolution No. 83-75 ti• C I'1'Y OF TIGARD, OREGON
RESOLU11ON NO. 83---2=E�
A RESOLUTION ORDERING THE SALE OF CITY REAL PROPERTY, FIXING A MINIMUM PRICE
AND SETTING THE CONDITIONS AND TERMS OF SALE.
WHEREAS, the City of Tigard City Council and Budget Committee recognized in
the 1983-84 budget process that certain parcels of land were no longer needed
for City use, and
WHEREAS, an order to sell these parcels of property must be in the records of
the City,
NOW THEREFORE iF IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TIGARD THAT:
1. The City Recorder is ordered to obtain from a certified or licensed
appraiser, the market value of the parcels of land for sale described in
Exhibit A and known as the Pinebrook lots and Old City Hall.
2. The City Recorder is ordered to proceed with the sale of parcels of
land as described in Exhibit A, in accordance with ORS 275.120,
275.140-275.160 and 275.180-275.260.
3. The minimum price for the Pinebrook lots is set at a net proceeds to
the City of $40,000.00. The minimum price for the City Hall site is set
at a net proceeds to the City of $100,000.00.
4. The City in compliance with ORS 275.120, upon receipt of the appraisal
of market value of the parcels of land for sale, will cause to have
published a notice of sale establishing the time and place of sale, the
description ol the property, the market value of the property, the minimum _
price as fixed by the City Council and the date of the order directing
such sale.
5. The conditions and terms of sale will be as follows:
a. The minimum price to be fixed at $20,000 net per lot for the
Pinebrook lots and $100,000.00 net for Old City Hall.
b. The sale will be in the form of sealed bids, in the amount of or
more than the fixed minimum proceeds and will be accepted by the City
Recorder's office on the date of sale.
C. The sealed bid shall be accompanied by a deposit in good faith in
an amount equal to 10% of the fixed minimum price.
d• The sales shall be to the highest and best bidder for cash.
e. The balance of the sale price will be paid in cash no later than
60 days from the sale date.
f. The City reserves the right to reject any or all bids. '
s
PASSED: This day of /. ,T s�-_, 1983 by the Tigard City Council.
ATTEST: � J
Mayor tity of Tigard =,
City Recorder - ity o igard
t
APPRO 'D AS TO
itY Attorney
(nn'IRV)
o�
r
EXHIBIT A
4
PROPERTIES TO BE SOLD BY CITY OF TIGARD:
Parcel 1: Address: 8605 S.W. Pinebrook Street, Tigard, Or. 97223
Descrip: Lot "A" part of Tax Lot 400 Pinebrook Terrace (Lot 1
Pinebrook Terrace). A parcel of land located in the Northeast quarter of
Section 11, Township 2 South, Range 1 West, Willamette Meridian, Washington
County, Oregon, being more particularly described as follows:
Beginning at the Southeast corner of Lot 1, Pinebrook Terrace, a
subdivision of record in said County; thence East, a distance of
15.00 feet to the true point of beginning; thence North 00 05' West,
a distance of 140.00 feet, thence North 52 10' 00" East, a distance
of 109.00 feet; thence East, 23.56 feet; thence South 19 47' 40"
West, a distance of 219.85 feet to the Southeast corner of said Lot
1; thence West, a distance of 35.00 feet to the true point of
beginning.
Parcel 2: Address: 8605 S.W. Pinebrook Street, Tigard, Or. 97223
Descrip: Lot "B" part of Tax Lot 400 Pinebrook Terrace ( Lot 1
Pinebrook Terrace). A parcel of land located i_n the Northeast quarter of
Section 11, Township 2 South, Range 1 West, Willamette Meridian, Washington
County, Oregon, being more particularly described as follows:
Beginning at the Southeast corner of Lot 1, Pinebrook Terrace, a
subdivision of record in said County; thence North 00 05" West, a
distance of 244.50 feet to the Northwest corner of said Lot 1; thence
East, 138.35 feet, to the Northeast corner of said Lot 1; thence
South 19 47' 40" West, a distance of 40.00 feet; thence West, a
distance of 23.56 feet; thence South 52 20' 00" West, a distance of
109.00 feet; thence South 00 05' East, a distance of 140.00 feet;
thence West, a distance of 15.00 feet to the true point of beginning.
Parcel 3: Address: 12420 S.W. Main, Tigard, Or. 97223
Descrip: Tax Lot 44CO, 2S1 2AB, Code 2310