2001-088007 'Ps S" = OF
1 1 SS
County of Washington
Jerry H a n Director of Assess -
ment a n d County
Clerk for id co, Y,` do reby`c rtify that
the within ns rumenk toting was received
and recorded„ - records of said
count ?`
county. :n ~�1
II \\
Lan, '� ry !7i� ffianso,�l�irector of
ssment and Taxation, Ex-
Of ;cjovCo[ nty
After Recording, Return to:
City of Tigard Doc : 2001088007
13125 SW HaII Blvd. Rect: 286761 21.00
08/30/2001 09:53:08am
Tigard, OR 97223
WASHINGTON COUNTY 2001 - 088007
COVER PAGE FOR RECORDING
111111111 11111111111 1111
Name of Transaction: Traffic Impact Fees
(Installment Payment Application and Disclosure Statement)
Name of Person(s), Address, and Map and Tax Lot Identification:
Lien Debtor — City of Tigard
Owner — William L. McCormack
7305, 7313, 7325, & 7337 SW Tech Center Drive
Tax Map & Lot: 2S101 DC -04602
And as further described in Deed # 94078603.
To be recorded in Lien Records per ORS 205.130(3)(b) and /or ORS 205.130(3)(c).
1
' . ` i _tip ✓ A ft
TRAFFIC IMPACT FEE
Installment Payment Application and Disclosure Statement
In the Matter of the Traffic Impact Fee for William L McCormack
Tax Map 2S101 DC Lot Number(s) 04602 Building Permit # BUP94 -0232
Site Address Building A - See below ( *) for addresses Subdivision N/A
Case File # N/A TIF Land Use District I -P
To Be Billed To: William L McCormack
Address: 7190 SW Sandburq St., Tigard OR 97223 Phone #: 624 -2090
( *) Site address for Building A encompasses 7305, 7313, 7325, & 7337 SW Tech Center Dr
To the City of Tigard:
In accordance with the provision of Oregon Revised Statute 223.208 and Washington County Ordinance
No. 379 which relates to the imposition of a traffic impact fee for the financing of major collector roads and
arterials of Washington County, I /we HEREBY MAKE APPLICATION AND AGREE, JOINTLY AND
SEVERALLY, to pay my /our traffic impact fee, as has been determined by Washington County Ordinance
No. 379 in 20 semi - annual installments of the amount financed together with one -half of one year's
interest thereon at a rate of 9.41 annual percentage rate on the unpaid amount owed. The lien date is
the first day of the month following the date the application is signed. The first payment is due six months
thereafter and at six (6) month intervals thereafter for a period of 10 years. Each installment payment
will include principal and interest.
If I \we neglect or refuse to pay any part of the installments provided herein, including interest, within one
(1) year after the same shall have become due and payable, then the whole amount of the unpaid
assessment shall become due and payable at once and shall be collected in the manner provided by law
including foreclosure on the above- described real property.
The traffic impact fee, annual percentage rate of interest (9.41 %) and finance charges which I /we agree
to pay are as follows:
HIGHWAY TRANSIT
1) Amount of Traffic Impact Fee $ 12,952.00 1,128.00
2) Amount Financed $ 12,952.00 1,128.00
3) Equal Semi - Annual Principal Payments $ 647.60 56.40
4) Interest on Balance at Rate of 9.41 %
I \We understand that the amount owed, as stated above, shall be a lien on the above - described subject
property pursuant to Washington County Ordinance No. 379 Section 6 (D) and ORS 223.230.
DATED this 10th day of March , 1995.
,I w L ei
Signature of Property Owner(s) Signature of Property Owner(s)
STATE OF OREGON ) Name (Please Print): IW ill ia pv I.. M `C- rw c c tc
) Address: 7/10 Sw (OuteJ 5*, hbukr:g
County of Washington )
SUBSCRIBED AND -SWORN TO BEFORE me this /0 71 day of Mardi , 19 95
.
;s - N� �,, - ,..7 .rim
_i OFFICIAL SEAL Notary Public for Oregon
,) _ . .
t ELLEN P FOX r
1 NOTARY PUBLIC-OREGON o /� G ,
COMMISSION NO.024561 1 My Commission Expires: ��c/ /� / r 2 0 $ 1 %, �' ::C)MMISSION EXPIRES MAY 16,1997
logihl� en...'s.ti "�'� � -.'� '`1n.:. 111
:.t _ —5 32 9
(2 ' ,