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HomeMy WebLinkAbout20250521000858, Release of Lien Obligation, James K. LeeInstrument Number: 20250521000858 Document:RGLIEN Rec: $20.00 Page-1 of 3 Record Date:5/21/2025 3:02 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 setforth 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: 20250521000858 Document:RGLIEN Rec: $20.00 Page-2 of 3 Record Date:5/21/2025 3:02 PM King County, WA City of Auburn —' h �r By / Steven �fkl1I"Za Its: Assistant Director of C'011111lunity Develoornent Date; STATE OF WASHINGTON ) ss. COUNTY OF DING ) I certify that I know or have satisfactory evidence that 1 &fit s uR ZA is the person who appeared before me, and said person acknowledged that (he/she) signed this instrument, on oath acknowledged it as the ASS t STA W1 19to r tl , of cotinu tr r tit g o be (his/her) free and voluntary act for the uses and purposes mentioned in the instrument. Date: M I LEE Name: (Print Name) 4, gay Csmtti ; ...,, t august 15, 2028 9 C 15� q NOTARY PUBLICkZ , in and For the State of "%�, Washington, residing at t My Commission Expires: l , Instrument Number: 20250521000858 Document:RGLIEN Rec: S20.00 Page-3 of 3 Record Date:5/21/2025 3:02 PM King County, WA ATTACHMENT A (LEGAL DESCRIPTION OF PROPERTY) LOTS 1 AND 2 OF CITY OF AUBURN SHORT FLAT NUMBER 7.78, RECORDED UNDER RECORDING NUMBER 7804191061, SAID SHORT PLAT BEING A SUBDIVISION OF THE SOUTHWEST QUARTER OF THE NORTHWEAST QUARTER OF THE SOUTHMST QUARTER IN SECTION 19, TOWNSHIF 21 NORTH, RANGE 5 EAST, W.M., IN KING COUNTY, WASHINGTON; TOGETHER WITH THAT PORTION OF VACATED 20" ST SE UNDER ORDINANCE NO. 3605 AND RECORDED UNDER KING COUNTY RECORDING NO.8104220746