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OY/03/03 MDN 08:56 FAX 34168T6o~2 EUG PUBLIC yFDRRS 009 <br /> page ~ of 3 <br /> xutf~ O~ <br /> ~I 'February 3, .003 <br /> <br /> i <br /> ,p?t suet? time that the seller hag iatcutr~ed cots for street refired im~psovemorrts equal to, or cxeceding <br /> $~~~>400, wrth dACWttentatitnt to the ity, the City' wtZl rclzase an additional S1 QQ,QpO to the seller to bra <br /> ~ appliod toward the City's strata oft ~ ~ . The renminnng balamee owed by <br /> ~ the City for it®' share of the street ittrpro~anta ariD be paid within 14 days of the tires: the irnprovem~te <br /> ~ arc acGeprad by the City, the projaat coat aeeountiag has approved by t1~e City. and lot 2 has been <br /> trntvcycd to the City. The City td reviea? the prpject accouming within 7 days of receipt of the itaal <br /> accotrating from the settles or their engure~r'. <br /> White tote above estimated colts itYClude a lime item for street trace, the street tine costs shall be rerzto'vetit <br /> seed aceaunted far separately. It is agreed the sellers shall be responsible for street tree costs associata:l <br /> with the inditidual building lots (a~ lots except lot 2) and the Gtity shall be responsible for the street tree <br /> requircmcnts and costa ae$ooigted with lot Z, the parcel being acquired by the City, <br /> Closing shall occur within t4 daytc of the subject acquisition percol being legally treated by the recording <br /> of the Pmal subdivision plat, or as soon therea{ter as rnm'lcetablc title can be dekvered. Title shall by <br /> transfezred by Warranty Deed free at?d clear of all lieu aztd ericunn"bssriees oireeord except standard <br /> rxceptians, astd approved by the City. <br /> The City shall pay all clasinB costs, iutcludiag both sides of <br /> escrow, title instunttee, and recording mss. <br /> Taxes xhall lx ptortated to the date of tlosirlg. Faeroes to be clo9ed with Cascade Titlo and Escrow. <br /> We earnestly solicit your favorable tonsidtrsotion otthis xeq?uat by sigttirt$ the attached Aeceptan~:ee of <br /> Offer..Pleast sitDn a>'sd return the original of the Queer' ~ P>~ase and Acceptance of Offer in the <br /> envelope provided. A copy of both has bte~a included fns' your records. Please do rest hesitate to cgIl m~: <br /> at 652-5264 or Viclcia Burnta at 66~-571d should you have any further questions ore desire ftu'the?' <br /> infortrsation. <br /> Yours <br /> use litaytr <br /> Sestior seal Property Officer <br /> ~ ~~L <br /> <br />