2002-064210 Washington County, Oregon 2002 - 064210
061051200' i0:55 AM
D -L Cnt =1 : DUYCK
$5.00 $11.00 • Total= $16.00
1 11111 1 11 111111 1111111111111111
0010958720020084210
I, Jerry Hanson, Director of Assessment and Taxation
and Ex- Officio County Clerk for Washington County, �c•ya�. „'
do hereby certify that the within instrument of writing J
was received and recorded In the bo k of records of ;.`.-
AFTER RECORDING, RETURN TO: said county. say. :�€°
Jerry R. Hanson, Director esesement and Taxation,
Ex -Officio County Clerk
City Records
City of Tigard
13125 SW Hall Blvd.
Tigard, OR 97223
NOTICE OF ASSESSMENT AND
CLAIM OF LIEN
Whereas, the City Council for the City of Tigard (the "City "), by Ordinance No. 02 -16, adopted March 26,
2002 and effective April 26, 2002, did levy the final assessments for the project known as the 69 Avenue Local
Improvement District; now, therefore:
NOTICE IS HEREBY GIVEN that Ordinance No. 02 -16 assesses the cost of street improvements on
certain real property (the "Property ") in the County of Washington, State of Oregon, described as follows:
Street Address: 12247 SW 69th Ave
Tax Lot No. 2S101AA09100 And Further Described in Deed # C 4 OS 3471.8
The name of the owner or reputed owner of said land is:
Tigard Corporate Center
• The amount of the final assessment is $189,586. The property owner may file an application to pay the
assessments in installments, if the application is filed by May 7, 2002. If an application to pay in installments is
not filed with the City by May 7, 2002, the property owner must pay the final assessment in full. Final
assessments, which are not paid in full by May 28, 2002, shall bear interest at the rate of 9% per annum as set
by the ORS 82.010. Final assessments which are not paid in full by May 28, 2002 and which are not subject to
an installment agreement shall be subject to foreclosure. Information on payment of the final assessment in
installments and an application for doing so accompanies this notice. Information on deferral of the assessment
pursuant to ORS 311.702 et seq. is available from the City's Director of Finance.
The City claims a lien in the amount of $189,586, (the amount of the final assessment), plus interest and
any additional interest or penalties imposed by the City with respect to any installments which are not paid when
due. The lien was entered in the City's lien docket on April 26, 2002 and may be recorded in the Washington
County lien records in accordance with ORS 93.643.
Dated alv3 o3 _ r_.
Cr- : Prosser, Director of Finance
STATE OF OREGON, County of Washington . ,, �
The forgoing document was acknowledged before me this 3�A day of , 2002 by Craig Prosser,
Director of Financ for the City of Tigard on behalf of the City of Tigard.
OFFICIAL SEAL .
Notary Public for Oregon = "_= - D L�
1 ' ` % COMMISION NO.3 PUBLIC-OREGON 20682
My Commission expires. I` 1 o1( 3 MY COMMISSION EXPIRES FEB. 11, 2003
City of Tigard, Oregon
Application to Pay Assessment in Installments
Recitals
I, ( Q L. S� ��� , am the owner or duly appointed representative of Tigard
er and hereby certify that Tigard Corporate Center is the owner of
property identified by Washington County as Tax Map and Lot # 2S101AA09100.
The City of Tigard has levied a final assessment for the 69 Avenue Local Improvement
District on the above described benefited property in the amount of $189,586.
Agreement
I hereby make application to the City of Tigard and agree to pay the above assessment
with interest at a rate of one and one half percentage point over the effective rate of the
bonds as determined on the date of the bond sale in forty (40) equal semi - annual
installments over a period of twenty (20) years. Prior to the bond sale an interim
interest rate equal to the U.S. Government Bond Ask Rate for the expected maturity
date as of the 1S of the month in which the application is signed, plus 2 %, shall be
utilized. Interest will begin to accrue on the outstanding balance on April 26, 2002.
Assessment payments with interest will be payable semi - annually at the offices of the
Finance Director of the City of Tigard.
Accounts that become delinquent for more than ten days shall be subject to late
charges.
In consideration for the privilege of paying the assessment in installments, Tigard
Corporate Center on behalf of itself and all subsequent owners of lot number
2S101AA09100 hereby waives all irregularities or defects, jurisdictional or otherwise, in
the proceedings to cause the local improvement for which the final assessment is levied
and in the apportionment of the actual cost of that local improvement.
By signing below, I state that I understand the terms and conditions of the City's
payment policies, including penalties for nonpayment.
/ 4 Zvaz
Tigard Corporate Center ate
T GARD CORPORATE CENTER LIMITED PARTNERS P an OREGON limited partnership
By: SPECHT TIGARD LLC
Its General Partner
By: SPECHT INVESTMENTS, INC.
Its .nager
i
.ego,y L. Specht, President