HomeMy WebLinkAbout20130409001231 RELEASE OF COVENANT OF PAYMENT 12/7/2012WHEN RECORDED, RETURN TO
City of Auburn
City Clerk's Office
25 W Main St.
Auburn, WA 98001
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RELEASE OF COVENANT OF PAYMENT 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 "): Camwest
Legal Description (Abbreviated): Lot 84 of the Rivetnointe Subdivision, Auburn, WA.
Assessor's Tax Parcel Ill Number 7338220840.
Plat or Building Permit Application Number: Permits BLDI1 -0037, WTR11 -0055, SWRl1 -0078,
and STM11 -0062.
Amount Released: $13.875.07
THIS RELEASE OF COVENANT 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 December, 2012 by the City of Auburn (the
"City ").
The City entered into a Covenant of Payment Obligation for Utility System Development
Charges and Parks, Transportation, School, And /Or Fire Impact Fees dated April 20, 2011 and recorded
under King/Pierce County Recording No. 20110420000535 (the "Covenant ") with Camwest 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
Covenant. Upon recording of this Release, all of the Grantor's obligations under the Covenant shall be
deemed fully and completely satisfied, and the Covenant shall have no further force or effect.
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City of Auburn
By--
DItsate: lyu t "Igo t � o -2, �If ✓euja�
Grantor
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STATE OF WASHINGTON
ss.
COUNTY OF KING
I certify that I know or have satisfactory evidence that Ev i N ^" E is the person who
appeared before me, and said person acknowledged that Le/she) signed this instrument, on oath
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acknowledged it as the 1,��Y�� of +E to be his/her) free and
voluntary act for the uses and purposes mentioned in the instrument.
Date: r 71/4),
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s v �= z Washington, residing at -��c� CO Ctw any
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