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2003-033425 l Washington County, Oregon 0 ?' ^x/2003 10:29:10 AM 2003- 033425 Return Recorded Document to: r Cnt =1 stn =21 RECORDSI City Hall Records Department S. 48.00 $11.00 - Total = $22.00 City of Tigard 13125 SW Hall Blvd. Tigard, OR 97223 I 11111111 II 11 1111 I 11 I 1111111 111111 II 00276967200300334250010014 I, Jerry Hanson, Director of Assessment and Taxation and Ex- Officio County Clerk for Washington County, TRAFFIC IMPACT FEE Oregon, do hereby certify that the within Instrument of E. writing was received and recorded In the book of is , Installment Payment Application and Disclosure Statement rec ords of said county. bf- A �.us -„ Jerry R. Hanson, Director ornament and Taxation, Ex -Officio County Clerk In the Matter of the Traffic Impact Fee for Pittman & Brooks Office & Daycare Addition Tax Map 2S112DB Lot Number(s) 00200 • and as further described in Deed # Building Permit # BUP1999 -00323 Site Address 15255 SW 72 Ave. Subdivision NA Case File # SDR1999 -00026 TIF Land Use District City of Tigard To Be Billed To: Pittman & Brooks, P.C. Address: 15255 SW 72 Ave. Tigard, OR. 97224 To the City of Tigard: In accordance with the provision of Oregon Revised Statute 223.230 and Washington County Code 3.17 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 Code 3.17 in 20 semi - annual installments of the amount financed together with one -half of one year's interest thereon at a rate of 5.70 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 ( 5.70 %) and finance charges which I /we agree to pay are as follows: HIGHWAY TRANSIT 1) Amount of Traffic Impact Fee $ 7,666 $684 2) Amount Financed $ 7,666 $684 3) Equal Semi - Annual Principal Payments $ 383.30 $34.20 4) Interest on Balance at Rate of 5.70 I \We understand that the amount owed, as stated above, shall be a lien on the above - described subject property pursuant to Washington County Code 3.17.060 (C) and ORS 223.230 (3). DATED this 6. day of M/ , 20 0 3 . //vice ,d4o04,o Si ature of Property Owner(s) ' •na ure of Property Owner(s) ti` lid s 'aROOK. STATE OF OREGON ) Name (Please Print): L EON/i .L, County of Washington ) Address: /a Io2C cJ(A...) rfriQ V(STA fC HJ e/tTb/Y i F\ ?70456 SUBSCRIBED AND SWORN TO BEFORE me this S day of , 20 03 ' No ary Public for Orego (70--v--..,;14 �~ OFFICIAL SEAL My Commission Expires: c�-(50 • 1 . `EOt A J. HEMPEL N OTARY PUBL O REGON 1 � CONIMISS{ON N0.33O82 ) " MY COMM ISSION E XPIRES JA N, 24, 2004 is \dsts \tif\TIF - PayInstall.doc 03/03/03 t�1— -��—�-