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HomeMy WebLinkAboutA 20150420000337 y Return Address: City Clerk's Office 11 1 111 11 111 1 11 1011 City South 20150420000337 1055 Grady Way r Renton,WA 98057-3232 CAGY—OF RENTON3AG 74.00 OF 0 04/20/2015 10:19 KING COUNTY, WA MEMORANDUM OF AGREEMENT Parcel Number: 214480-0345 Page 1 Special Assessment#0023 Amount $11,608.84 Property Location:7832 S.Langston Rd,Seattle,WA (80`h Ave S) Between Owner(s): Robert L. Horton And the City of Renton,a municipal corporation LEGAL DESCRIPTION: Lot 4,Block 12,Earlington Acres Tracts,according to the plat thereof recorded in Volume 15,Page 84,of Plats,records of King County;Situate in the NE Quarter of Section 13,Township 23 North,Range 4 East in the County of King,State of Washington WHEREAS the City of Renton has constructed utility facilities that provide benefit to the property owner's property; and WHEREAS Special Assessment District 0023 was established by Ordinance No(4967)recorded under King County Recording Number No(20020610000006); and WHEREAS the Owner has agreed to pay,in annual payments,the amount of the Special Assessments for utility connection in the original amount of$11,608.84; and WHEREAS the agreement provides for a lien against the property,a penalty and interest for late payments,and attorney fees and costs for collection; and WHEREAS the agreement provides that upon sale or re-finance of the property the then remaining balance is due and payable; NOW THEREFORE the Owner and the City of Renton hereby provide notice of their mutual agreement. For current balances and payoff information contact Rick Knopf,425-885-1604. Approve. c O / of Renton .bert L. Horton Gregg Zmyfier an,Administrator Public Works Department Notary Seal must be within box STATE OF WASHINGTON )SS N,\•‘\""%11111, \\‘\""%11111 COUNTY OF KING - Q�w`ERS l / I certifythat I know or have satisfactoryevidence that 'a , afat "���, //� b�r� •er �y �� i-. (fcr-kr' signed this instrument and els o�Aar acknowledged it to be his/her/their free and voluntary act for the uses _ 2 • and purposes mentioned in the instrument. tP 1p 8- ,�., �` Notary Public in and foh` a State of Washington 1.,, OrettnOF.N%*',,�' Notary(Print) (-lt ( 'eTIO ei5' 111t1%\‘‘•\‘'% My appointment expiresc.J AUAQ(LS f a't' �o!3 Dated: A?r ( -4 t a-016" MEMORANDUM OF AGREEMENT Parcel Number: 214480-0345 Page 2 Special Assessment#0023 Amount $11,608.84 Property Location:7832 S.Langston Rd,Seattle,WA (80`h Ave S) Between Owner(s): Robert L. Horton And the City of Renton,a municipal corporation Notary Seal must be within box STATE OF WASHINGTON )SS COUNTY OF KING ) ik,0%tt11j11' I certify that I know or have satisfactory evidence that Greg Zimmerman to me known to be the Administrator of Public Works y�.�"`�v�M� Department and acknowledged to me that he was authorized to S �`` e execute this instrument,this day appeared before me,and 10 S s d `V 1 acknowledged that he executed this instrument as a free and iIff33 , .,._.._.F I voluntary act for the uses and purposes mentioned in the instrument. ' p� iyytf•96 As 4. p,, ..004-, ����Q� s .� otary Public inttan��--foJJr the State o �as`h�i�ngton ,/ 1'L yj-1114%%%%O. Notary(Print) /�.�1�'L�/L_ 5• saleHt N turf My appointment expires: / ( ( 0 9 /2,47s 3 Dated: A p✓,-! 1'/ ?c 1 s' iii1ii � • CITY OF RENTON CONTRACT FOR PAYMENT OF SPECIAL ASSESSMENT DISTRICT CHARGE This contract is entered into this 7 day of ,ri/ ,c1-0/5-,—by Robert L. Horton, ("the Owner(s)") of the following described real property: Legal Description: See Attached Parcel Number 214480-0345 Site Address: 7832 S. Langston Rd, Seattle, WA 98178 Mailing Address: 7832 S. Langston Rd, Seattle, WA 98178 Special Assessment District Number 0023 Amount $11,608.84 (80th Ave S) Total Special Assessment District Amount $ 11,608.84 In consideration for the City issuing a utility connection permit to the Owner(s), and in additional to paying any other costs required by the Renton Municipal Code (RMC) and fulfilling any other requirements of the RMC,the Owner(s) hereby agrees to pay to the City the Owner(s) equitable share of the established costs of the sewer extension which benefits the Property which is calculated to be $ 11,608.84 plus interest at 1.03% per annum (collectively, referred to as "the Charge"). The Charge will be paid in 5 successive annual installments beginning one year from the date of this Contract. Payments shall be made to the following address: City of Renton Finance Department 1055 South Grady Way Renton,WA 98057 The Owner(s) shall receive notice by the City of the exact amount due for that installment of the Charge and the date the payment is due. If this day falls on a weekend or holiday, payment is due on the following business day. The property owner(s) will receive notice of the exact amount due at least 30 days prior to the payment due date each year. A late fee of$50 will be charged if the payment is not received by the due date. In addition, interest of 10% per annum will accrue monthly beginning 30 days after the payment due date. There will be no prepayment penalty applied if the unpaid balance is paid in full prior to the 5-year term as set in this contract. The Charge, or any unpaid balance, is secured by a lien upon the Property, granted hereby by owner(s) to the City of Renton, until fully paid and, in any event, must be paid in full at the time of closing upon sale or refinance of the Property whether or not the Property has been connected to the sewer extension. In the event a payment in the exact amount billed by the City is not received by the City on or before the annual due date, the City may foreclose the lien, sue upon this contract, or pursue any other remedy allowed by law. Interest on any unpaid balance will continue to accrue at all times until paid in full. Owner(s) further agrees that the City is entitled to recover its costs of collection, including attorney's fees, should the City deem it necessary to pursue collection. Dated this7 day of ✓i/ ,�,6.' PROPERTY OWNER(S): Si.'!ture / Signature nOefZ, 416/7 Printed name Printed name Cc: Owner(s) Public Finance, Inc. • City of Renton Property Services Section City of Renton Finance Department City of Renton-1055 South Grady Way—Renton,Washington 98057—(425)430-6850