Bid for Purchase of Canterbury Surplus Property City of Tigard's
BID FOR PURCHASE OF CANTERBURY SURPLUS PROPERTY
The City of Tigard (hereinafter"Tigard") below hereby offers to purchase the real
property known as the Canterbury Surplus Property, subject to the terms and conditions set forth
below. The said Canterbury Surplus Property is more particularly described as follows:
See Attached Exhibit A
The Bid for the Canterbury Surplus Property is an amount not to exceed:
Six Hundred and Five Thousand Dollars ($605,000.00).
Tigard is in receipt of and acknowledges that this bid is subject to the following minimum terms
and conditions:
1. The true and actual consideration for this conveyance shall be not less than
$605,000.00. Payment for the property would be made in five annual
installments, the first payment be will be made no later than June 30, 2009,the
remaining payments being due no later than June 30 each year thereafter.
Interest shall accrue on the unpaid principal balance from the date the deed is
recorded until paid. Interest shall accrue at the same rate as the Local
Government Investment Pool, which can be found at
http://www.ost.state.or.us/Divisions/Finance/igiP/0STFRateChanges.htm.
2. City accepts the Canterbury Surplus Property"AS IS"and"WITH ALL FAULTS
AND DEFECTS."
3. Sellers make no warranties or representations of any kind, including but not
limited to warranties or representations of the condition of the Canterbury Surplus
Property.
4. This conveyance is made on the condition that the Canterbury Surplus Property
shall be used solely for open space, a developed or undeveloped park, or other
municipal purpose. The deed conveying the Canterbury Surplus Property shall
contain an appropriate restriction.
5. The deed conveying the Canterbury Surplus Property shall reserve not less than
a fifty-foot (50') by fifty-foot (50') easement for future water system use in the
southeast corner of such property, as described in Exhibit B of Resolution No.
09-10, the Tigard City Council resolution authorizing the City of Tigard to
purchase the Canterbury Surplus Property.
6. The conveyance shall be subject to that certain Lease Agreement dated April 10,
1979, between the Tigard Water District, as landlord, and the Tigard Area
Historical and Preservation Association,as tenant. Such lease may be assigned
within one year of closing.
7. The deed conveying the Canterbury Surplus Property shall reserve a
conservation easement, as described in Exhibit C of Resolution No. 09-10, the
Tigard City Council resolution authorizing the City of Tigard to purchase the
Canterbury Surplus Property, such easement to be limited to the sole use and
maintenance of the historical John Tigard House and no other purpose, for so
long as such lease is in effect.
8. The City of Tigard has an existing right of first refusal to purchase the Canterbury
Surplus Property.
Craig Pr ser
Tigard CIty Manager
Authorized by Tigard City Council Resolution No. 09-10 to submit this bid.
Dated this day of ruvuV 2009.
WHpa-c-ifit,
April 7, 2008 Exhibit A
CANTERBURY SURPLUS PROPERTY'
LEGAL DESCRIPTION
A TRACT OF LAND BEING LOCATED IN THE SOUTHWEST ONE QUARTER OF
THE NORTHWEST ONE QUARTER OF SECTION 11, TOWNSHIP 2 SOUTH,
RANGE 1 WEST OF THE WILLAMETTE MERIDIAN, CITY OF TIGARD,
WASHINGTON COUNTY, STATE OF OREGON,BEING MORE PARTICULARLY
DESCRIBED AS FOLLOWS:
COMMENCING AT THE NORTHWEST CORNER OF THE SOLOMAN
RICHARDSON DONATION LAND CLAIM NO. 44, BEING IN SAID SECTION 11,
SAID POINT BEING ON THE CENTERLINE OF THE RIGHT-OF-WAY LINE OF
S.W. MURDOCK STREET, THENCE NORTH 38041'37" EAST 25.57 FEET TO A
POINT THAT IS 20.00 FEET EAST OF THE WEST LINE OF THE SOUTHWEST
ONE QUARTER OF THE NORTHWEST ONE QUARTER OF SAID SECTION 11,
SAID POINT BEING ON THE SOUTH RIGHT-OF-WAY LINE OF S.W. MURDOCK
STREET, SAID POINT BEING THE TRUE POINT OF BEGINNING;
THENCE NORTH 01°16'07"EAST LEAVING THE NORTH RIGHT-OF-WAY LINE
OF SAID S.W. MURDOCK STREET PARALLEL WITH AND 20.00 FEET EAST OF
SAID SECTION LINE A DISTANCE OF 93.02 FEET; THENCE SOUTH 89°50'49"
EAST A DISTANCE OF 247.22 FEET; THENCE NORTH 01°19'00"EAST A
DISTANCE OF 239.79 FEET TO THE SOUTHWEST CORNER OF A TRACT OF
LAND DESCRIBED IN FEE NUMBER 2005-144029 RECORDED NOVEMBER 11,
2005; THENCE NORTH 89°37'51" EAST ALONG THE SOUTH LINE OF SAID FEE
NUMBER 2005-144029 A DISTANCE OF 136.66 FEET TO THE SOUTHEAST
CORNER OF SAID FEE NUMBER 2005-144029; THENCE.NORTH 0:1019'00"EAST
ALONG THE EAST LINE OF SAID FEE NUMBER 2005-144029 TO THE
NORTHEAST CORNER OF SAID FEE NUMBER 2005-144029, SAID NORTHEAST
CORNER BEING ON THE SOUTH RIGHT-OF-WAY LINE OF S.W. CANTERBURY
LANE; THENCE NORTH 89°37'51"EAST ALONG SAID SOUTH RIGHT-OF-WAY
LINE OF S.W. CANTERBURY LANE A DISTANCE OF 141.49 FEET TO A POINT
ON THE WEST RIGHT-OF-WAY LINE OF S.W. 103 RD.AVENUE; THENCE
SOUTH 01019'00" WEST ALONG THE WEST RIGHT-OF-WAY LINE OF S.W. 103
RD. AVENUE A DISTANCE OF 458.64 FEET TO A POINT ON THE NORHT
RIGHT-OF-WAY LINE OF S.W. MURDOCK STREET; THENCE NORTH 89°50'49
WEST ALONG THE NORTH RIGHT-OF-WAY LINE OF S.W. MURDOCK STREET
TO THE TRUE POINT OF BEGINNING, CONTAINING 133,309 SQ. FT., 3.06
ACRES MORE OR LESS.
9755 SW Barnes Road,Suite 300 • Portland,OR 97225 • T 503.626.0455 • F 503.526.0775 • www.whpacific.com
WHPacift
SUBJECT TO A 12.00 FEET EASEMENT ALONG THE SOUTH RIGHT-OF-WAY
LINE OF S.W. CANTERBURY LANE AS DESCRIBED IN FEE NUMBER 2007-
072292 RECORDED JUNE 29, 2007 WASHINGTON COUNTY RECORDS.
REGISTERED
PROFESSIONAL
LAND SURVEYOR
"L.WILEY
SIGNED: -7/igt2-oob
EXP:6/30/2010