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HomeMy WebLinkAbout20241213000557 Release of Lein 1921059322Instrument Number: 20241213000557 Document:RL Rec: $305.50 Page-1 of 3 Record Date:12/13/2024 2:22 PM Electronically Recorded King County, WA WHEN RECORDED, RETURN TO: City of Auburn City Clerk's Office 25 W. Main St. Auburn, WA 98001 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"): James K Lee Reference Number(s) of Related Document(s): Lien of Obligation Record No. 20210830001343 Permits: BLD18-0163 SWR18-0164 WTR18-0059 WTR21-0069 and STM18-0117 Legal Description (Abbreviated): LOTS 1 AND 2, CITY OF AUBURN SP NO. 7-78, REC. 7804191061, KING COUNTY Full description as set forth on attached Exhibit "A. " Assessor's Tax Parcel ID Number: 1921059322 Plat or Building Permit Application Number: BLD18-0163 Amount Released: $ 195,354.79 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 12th day of December, 2024 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 Fire Impact Fees dated August 23, 2021 and recorded under King County Recording No. 20210830001343 (the "Covenant") with James K Lee 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. Instrument Number: 20241213000557 Document:RL Rec: $305.50 Page-2 of 3 Record Date:12/13/2024 2:22 PM King County, WA City of Aubdirn By:— � ..� JasonKrum Its: Director of Conununity Development Dater_ STATE OF WASHINGTON } ss. COUNTY OF KING ) I certify that I know or have satisfactory evidence that ZO is the person who appeared before me, and said person acknowledged that (he/she) signed this instrument, on oath acknowledged it as the 'D%%k'iCT00, of t 0 14 KV M a I tPiqfLONf be (Ius/her) free and voluntary act for the uses and purposes mentioned in the instrument. Instrument Number: 20241213000557 Document:RL Rec: S305.50 Page-3 of 3 Record Date:12/13/2024 2:22 PM King County, WA ATTACHMENT A (LEGAL DESCRIPTION OF PROPERTY) LOTS 1 AND 2 OF CITY OF AUBURN SHORT PLAT NUMBER 7.78, RECORDED UNDER RECORDING NUMBER 7804191061, SAID SHORT PLAT BEING A SUBDIVISION OI, THE SOUTHWEST QUARTER OF THE NORTHWEAST QUARTER OF THE SOUTHWEST QUARTER IN SECTION 19, TOWNSHIP 21 NORTH, RANGE S .BAST, W-M-, IN WNG COUNTY, WASHINGTON; TOGETHER WITH THAT PORTION OF VACATED 20T1' ST SE UNDER ORDINANCE NO. 3605 AND RECORDED UNDER RING COUNTY RECORDING NO.8104220746