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1997-08781-Order No. 97-029 Recorded 3/14/1997. , �-� IE BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON An Order Providing for Deschutes County to Make an Exchange of Contingent Future Interests With the Ray Johnson Post #44, American Legion, Department of Oregon, and the City of Redmond and Making the Required Findings. ORDER NO. 97-029 971 R s 4 AM 11: 18 t 1- WHEREAS, ORS 275.100 provides that Deschutes County may exchange real property and personal property with private persons when it deems such exchange to be in the best interest of Deschutes County; and WHEREAS, the Board of County Commissioners of Deschutes County did adopt Resolution No. 97-012 providing for a hearing to authorize a three-way exchange of contingent future interests with the Ray Johnson Post #44, American Legion, Department of Oregon hereafter known as the American Legion and the City of Redmond, a municipal corporation; and WHEREAS, said hearing was held on March 12,1997; and WHEREAS, the Board of County Commissioners finds that the foregoing exchange of interests in real property is of equivalent value; and WHEREAS, the Board of County Commissioners finds that the exchange of interest in the real property herein described is in the best interest of Deschutes County; now, therefore, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, AUTHORIZES AND ORDERS as follows: Section 1. That Deschutes County shall be authorized to transfer to the American Legion a reversionary interest it holds on property situated in the City of Redmond, Deschutes County, State of Oregon, generally known as the Ray Johnson Post #44, American Legion Hall and generally described as: The North half (Nl/z) of Lot Ten (10), and all of Lots Eleven (11) and Twelve (12) in Block Sixty-seven (67) of the original townsite of the City of Redmond, PAGE 1 OF 2 - ORDER NO. 97-029 (3/12/97)` sur r;z� [iA� R '7 . 0`156-2203 according to the official plat thereof now on file in the office of the County Clerk, of Deschutes County, Oregon. As consideration for said transfer, the American Legion shall transfer to the City of Redmond a reversionary interest it holds on the real property situated in the City of Redmond, Deschutes County, State of Oregon, generally known as Ray Johnson Park and generally described as: Blocks Five (5), Six (6), Seventeen (17) and Eighteen (18) of Redmond Townsite Company's Second Addition to the City of Redmond, according to the official map and plat thereon filed in the office of the County Clerk of Deschutes County, Oregon. As consideration to Deschutes County for said transfer, the City of Redmond shall transfer to Deschutes County a reversionary interest in real property situated in Deschutes County, Oregon, which the City of Redmond will acquire as a replacement site for Ray Johnson Park. Said replacement site is to be acquired with the funds generated from the sale of the original Ray Johnson Park. Section 2. That upon review and approval of title by Deschutes County Legal Counsel the exchange of interest in real property as referenced is hereby authorized. Section 3. The Deschutes County Property and Real Estate Manager is authorized to take those actions reasonably calculated to fulfill the referenced exchange. DATED this 12th day of March, 1997. BOARD OF COUNTY COMMISSIONERS A T: ROE T L. NIPPER, Recording Secretary LINDA L. SWEA PAGE 2 OF 2 - ORDER NO. 97-029 (3/12/97) ,OREGON L , Commissioner