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1998-19684-Ordinance No. 98-034 Recorded 5/7/1998~ R&k E AS TO FORM 0167-1758 LE RE�8�W�® 98-19684 CODt R VIEW COMM. n I I N, V --E ;'L BEFORE THE BOARD OF COUNTY COMMISSIONERS .OF DESCHUTES COUNTY, O^ - An Ordinance Adding to Title 11 County Owned Property, of the Deschutes County Code, and Declaring an Emergency. 718. Q ORDINANCE NO. 98-034 --j THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ORDAINS as follows: Section 1. ADDING. Deschutes County Code Chapter 11.08, Exchange of Real Property, is amended by the addition of Section 11.08.135, Alternative initiation of delayed exchange, as set forth in Exhibit "A," attached hereto and by this reference incorporated herein. Section Z., EMERGENCY. This Ordinance being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this Ordinance takes effect on its passage. DATED this 6' day of May, 1998. ATTEST: Recording Secretary PAGE 1 OF 1 - ORDINANCE NO. 98-034 (5/6/98 BOARD OF COUNTY COMMISSIONERS OF LINDA L. SWEARINGEN, Commissioner MlCROFIWrD MAY ff21S9V0 MAY 13 1998 EXHIBIT "A" 11.08.135. Alternative initiation of delayed exchange. The board may initiate a delayed exchange prior to entering into an exchange agreement by adopting a resolution declaring its intention to make an exchange for cash and declaring the project to be acquired with the cash. The cash received for a delayed exchange shall be not less than the value of the land. The procedures set forth in this chapter shall be applicable to a delayed exchange initiated pursuant to this section. (Ord. 98-034 § 1, 1998) PAGE 1 OF 1 - EXHIBIT "A" TO ORDINANCE NO. 98-034 (5/6/98) 0167-1759