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HomeMy WebLinkAbout20170306000493 SATISFACTION AND RELEASE OF LIEN 030617 wa 5\3 WHEN RECORDED, RETURN TO: 111 City of Auburn III II 1111 1111 II II II 111111 II City Clerk's Office20170306000493 25 W.. Main St. Auburn, WA 98001 FIRST RMERICAN RL 74.00 PAGE-001 OF 002 03/06/2017 11:36 KING COUNTY, WA RELEASE OF LIEN OBLIGATION FOR UTILITY SYSTEM DEVELOPMENT CHARGES AND PARKS,TRANSPORTATION, SCHOOL, AND/OR FIRE IMPACT FEES COMMERCIAL PROPERTIES Payment Obligation for the Benefit of Grantee: City of Auburn, a municipal corporation Persons Indebted to Grantee("Grantor"): MTT Construction, LLC. Reference Number(s) of Related Document(s): King County Recording Nos. 20161006001351 20161006001347, 20161006001348, 20161006001349, & 20161006001350. Legal Description (Abbreviated): LOT 3 OF PLAT OF DULCINEA, ACCORDING TO THE PLAT THEREOF RECORDED IN VOLUME 273 OF PLATS, PAGES 96, 97 AND 98 UNDER RECORDING NO. 20160511000911, RECORDS OF KING COUNTY, WA; SITUATE IN THE CITY OF AUBURN COUNT OF KING, STATE OF WASHINGTON. Assessor's Tax Parcel ID Number: 21 1 1400030. said documents were filed of record as an accomodation only. Plat or Building Permit Application Number: BLD16-0319. It has not been examined as to proper execution or as to its :!ffect upon title Amount Released: $0.00. THIS RELEASE OF LIEN OF PAYMENT OBLIGATION FOR UTILITY SYSTEM DEVELOPMENT CHARGES AND PARKS, TRANSPORTATION, SCHOOL, AND/OR FIRE IMPACT FEES (the"Release") is made as of this 1st day of March, 2017 by the City of Auburn(the "City"). The City entered into a Lien of Payment Obligation for Utility System Development Charges and Parks, Transportation, School, And/Or Fire Impact Fees dated 10/06/2016 and recorded under King/Pierce County Recording Nos. 20161006001351, 20161006001347, 20161006001348, 20161006001349, & 20161006001350(the"Covenant") with MTT Construction,LLC Grantor to provide for deferred payment of the referenced fee(s). Pursuant to the terms of the covenant,upon Grantor's payment of the utility system development charges and/or impact fees as set forth therein, the City will release the Covenant. Accordingly, conditioned upon the Escrow Agent's or Grantor's disbursement of the charges and fee(s)to the City, the City hereby releases and discharges Grantor from the obligations described in the Lien. Upon recording of this Release, all of the Grantor's obligations under the Lien shall be deemed fully and completely satisfied, and the Lien shall have no further force or effect. CityofAuburn Br . Jason Krum Its: Development Services Manager Date: 0-0//7o/ 7 STATE OF WASHINGTON ) ss. COUNTY OF KING I certify that I know or have satisfactory evidence that ((.j 1-) i 1\I'14/'1 is the person who appeared before me, known to me to be the(president, vice president, secretary, treasurer, or other authorized agent, as the case may be) of the corporation that executed the instrument herein, and said person acknowledged that ©she) signed this instrument, on oath acknowledged it as the free and voluntary act of the corporation for the uses and purposes mentioned in the instrument, and that eshe was authorized to execute said instrument and that the seal affixed is the corporate seal of said corporation. Illi e t K. VO4, l►1 Date: Alat'ne � i pSAq�,�'9R�y Name:gr .i ,a. ' �. z (Print Name)(/' //// W -15 NQin,��K- 02tmncC. *,° VAuer\� #moo NOTARY PUBLIC, in and For the State of �� F w i'' 0 novel ?�5 Washington, residing at 7(1/4-err t Lo. My Commission Expires: 0 3 2%9 . 17