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HomeMy WebLinkAbout20200220001137 Sw2�-21) 1121 • w Mliii I 11111111111 11111II1 Ii1lUll 111111 101111 II 20200220001137 RELEASE OR SATISFACTION OF LIEN Rec:$105.50 2/20/2020 1:33 PM KING COUNTY,WA WHEN RECORDED,RETURN TO: City of Auburn City Clerk's Office 25 W.Main St. Auburn,WA 98001 �,` 7 I br-; -n's-A FIRST AMERICAN 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"): Auburn Development LLC,a Washington Limited Liability Company. Reference Number(s)of Related Document(s): 20190905000921. Legal Description(Abbreviated): Parcel A Section 27,Township 21 N Range 5 E Parcel B Lot 2 Auburn Short Plat SP-12-76. Full description as set forth on attached Exhibit"A." .W2 P QUE"T'ZD E Assessor's Tax Parcel ID Number: 2721059158, 27210591785. e TiTLE C&.2w A--%.�. ".a4`�.'.�,P3 i:oiii'.: .Qt;y Plat or Building Permit Application Number: BLD19-0134. Amount Released: $26,405.58. 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 7th day of February,2020 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 September 5,2019 and recorded under King/Pierce County Recording No.20190905000921 (the"Covenant")with Auburn Development 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. City of: 1 r B�L �L -. Krum I s: Development Services Manager Date: 0 Z/6(o/Z.D Z) STATE OF WASHINGTON ) ) ss. OF KING ) S - COUNTY I certify that I know or have satisfactory evidence that 40 's the person who appeared before me, and said person acknowledged :t ;11�) Signe s his ' strument,on oath PP �, acknowledged it as the f /_/ • . er)free and voluntary act for the uses and purposes mentioned in the indrv' \�,....\\‘‘,,Ii t Date: 2' Z 6 ,� TIN t /4 `,a`OMMISS�0 1/ �./// lam-: A Nor tit 4l NN (Print Name / , ,)4 li , �S �/ - • 4A ?cam vs i m ;,gym bet glb= NOTARY PUBLIC, in . •• . ,� State of i O�Vo 410 _ Washington,residing at ' 4411, H;NG;O?.�. My Commission Expires: V Z O I. ATTACHMENT A (LEGAL DESCRIPTION OF PROPERTY) PARCEL A(PARCEL NO.2721059158) THE EAST 523 FEET OF THE SOUTH 115 FEET OF THE NORTH 219.44 FEET OF THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27,TOWNSHIP 21 NORTH,RANGE 5 EAST, W.M.,IN KING COUNTY,WASHINGTON; EXCEPT 140TH AVE SE(ACADEMY DR.); TOGETHER WITH THE NORTH 41 FEET OF THE WEST 130 FEET OF THE SOUTH 197 FEET OF THE WEST 323 FEET OF THE NORTH 416.44 FEET OF THE EAST 523 FEET OF THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27,TOWNSHIP 21 NORTH,RANGE 5 EAST,W.M. PARCEL B(PARCEL NO. 2721059185) LOT 2,CITY OF AUBURN SHORT PLAT NO. SP-12-76,RECORDED UNDER RECORDING NO.7705270810, RECORDS OF KING COUNTY,WASHINGTON. SITUATE IN THE COUNTY OF KING,STATE OF WASHINGTON.