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H tS~B <br />CERTIFICATE OF SATISFACTION OF PAYMENT OF EQUIVALENT <br />ASSESSMENT FOR FUTURE STREET IMPROVEMENTS <br />The City of Eugene, Oregon acknowledges receipt of an equivalent assessment in the amount of <br />$45,742.32 under EC Sections 7.175(5)(d) and 7.407 paid on August 7, 2007 with respect to paving, <br />curb, gutter and sidewalk improvements to the following street: Elmira Road, in connection with the <br />development of the following described parcel(s) adjacent to Elmira Road: <br />taxlot number as of August 7, 2007: 17-04-27-13-00101 & 00102 <br />CITY FILE NO. A1568 CITY OF EUGENE ACCOUNT NO. 2003.1111.1568 <br />Property Owner: Steve Hankins - New Era LLC <br />PO Box 4111 <br />Boring, OR 97009 <br />EC Section 7.160(9) provides that parcels for which an equivalent assessment has been paid prior to <br />construction of a street improvement, pursuant to sections 7.175(d) and 7.407, shall be included in the <br />local improvement district but shall not be assessed. <br />Notwithstanding changes in the standards of the City of Eugene for street improvement or the actual <br />costs at the time of improvement, the parcel(s) described herein shall not be subject to assessment with <br />respect to the construction of the street described above. <br />The equivalent assessment which has been paid is calculated based on the factors listed in EC <br />7.175(5)(b), including curb, gutter, sidewalk, a single driveway, where required for street access, for <br />each abutting lot, and the assessable share of street paving and associated drainage system. If the <br />owner of any part of the parcel(s) at the time of the future street improvement requests additional <br />improvements which specially benefit the property, costs for constructing such additional <br />improvements may be assessed. <br />This information in this certificate has been filed in the City's on-line electronic lien docket, and shall <br />have the same effect as recording of the satisfaction of assessment with respect to the street <br />improvements described herein. <br />Signed: Date: _ &;4 A- Cindy Mu a nancial & Administrative Manager <br />City of Eug ne, ublic Works Department <br />STATE OF OREGON) <br />) ss. <br />County of Lane ) <br />Signed or attested before me on this <br />` OFFICIAL SEAL <br />KAREN LOY <br />NOTARY PUBLIC-OREGON <br />1 MY COMMISSION IE(PIRES JU44177111 <br />N <br />011 <br />51, day of October 2007, by Cindy Mumau. <br />Ouse- <br />Signature of Notar' Officer <br />My Commission Expires: 1i a 0 l <br />