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2003-832-Order No. 2003-058 Recorded 5/6/2003DESCHUTES COUNTY OFFICIAL DS NANCY BLANKENSNIP, COUNTY CLERK CJ 2Y~y0ri REVI N NANCY BLANEN' JOURNAL Z 45/46/2443 03:37:53 PM LEG UNSEL IIIIIIIIIIIIIIIII~IIIIIIIIIIIIIII I 2003-000832 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON An Order Authorizing Sale Pursuant to Order No. 98-161 (John & Kimberly Andersch). Dale Road property. ORDER NO. 2003-058 WHEREAS, Order No. 98-161 authorized the sale of certain property to acquire a project; and WHEREAS, the Board of County Commissioners of Deschutes County adopted Resolution No. 98-122 on October 28, 1998, providing for a hearing for the exchange of real property pursuant to DCC Chapter 11.08 by Deschutes County to acquire a project known as the Health and Human Services Building in Bend, Oregon, the Becky Johnson Community Campus in Redmond, Oregon, the Rainbow House, the New Neighborhood Property in La Pine, Oregon, the Archive Building Property and the Deschutes County 2003 Capital Porjects approved by Resolution 2003-009 (Project); and WHEREAS, the Board has considered the sale of the property described in Exhibit "A" attached hereto and by this reference incorporated herein, to the parties and under the terms set forth in Exhibit "B"; WHEREAS, the competitive bid for the property described in Exhibit "A" was the highest bides accepted, meeting all criteria set forth in the sealed bid process; and WHEREAS, the Board of County Commissioners finding that the transfer is for not less than fair market value, now, therefore, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, HEREBY ORDERS as follows: Section 1. That the real property described in Exhibit "A," attached hereto and by this reference incorporated herein, be sold and transferred pursuant to Order 98-161 for the acquisition of the Project described above. Section 2. That upon review and approval of title by the Deschutes County Legal Counsel, that an earnest money agreement be completed and held until closing. PAGE 1 OF 3 - ORDER NO. 2003-058 ANDERSCH (MAY 1, 2003) Section 3. That upon review and approval of title by the Deschutes County Legal Counsel, a deed transferring the property is authorized and the Chair is authorized to sign the deed and all necessary closing documents. DATED this day of , 2003. ATTEST: Recording Secretary BOARD OF TY COMMISSIONERS OF DESCHUTES COUNTY,, REGON 1 ~ NNIS R. LUKE, Chair TOM M. DAL PAGE 2 OF 3 - ORDER NO. 2003-058 ANDERSCH (MAY 1, 2003) EXHIBIT "A" LEGAL DESCRIPTION TAXLOT : 161235-00-00100 SIZE: Approx. 80 Acres ADDRESS: 21500 Dale Road, Bend, OR The North one-half of the Northeast one-quarter (N %2 NE 1/4 ) of Section 35 in TOWNSHIP 16 SOUTH, RANGE 12, EAST OF THE WILLAMETTE MERIDIAN, Deschutes County, Oregon. Excepting therefrom the right-of-way of Dale Road and Deschutes Market Road PAGE 3 OF 3 - ORDER NO. 2003-058 ANDERSCH (MAY 1, 2003) EXHIBIT "B" Pursuant to Order 98-161, the delayed exchange of real property shall be as follows: 1. The Board, by order, shall determine the fair market value of the real property and set the date proposals will be received to acquire the real property (exchange date) and identify the project to be acquired with the proceeds of the delayed exchange. 2. Each property selected shall be advertised in a newspaper of general circulation for not less than two times in the two weeks preceding a bid opening. Additional advertisements may be placed at the discretion of the property manager. 3. Sealed written proposals for not less than the fair market value shall be received and opened on the exchange date. Proposals may be for cash or for note and trust deed not to exceed 20 years with not less than 15 percent (15%) of the proposal price as a down payment. Interest is determined by the Board as 7.25%. All proposals must be accompanied by a deposit of 15 percent (15%) of proposal price in the form of a cashier's check payable to Deschutes County. 4. The Board, by order, shall exchange the property for the proposals with the highest proposal price that is equal to or exceeds the fair market value determined by the Board. If two or more qualified proposals are of equal price, the proposal received first shall be selected. 5. If a proposal to acquire property under this Order has not closed within 60 days after the exchange date, all proposals shall be canceled and the real property must be reselected by Board Order to be available to purchase. 6. Where a property fails to receive an adequate proposal to acquire the property, the acting property manager may list the property with the County's real estate broker of record. 7. The Board may by order exempt an exchange property from competitive proposal where the public interest would be served and the real property is exchanged for not less than its fair market value. PAGE 1 - EXHIBIT "B" TO ORDER 2003-058 (05/01/2003) Q SELLER'S COUNTER OFFER The Oregon Real Estate Agency has reviewed this form for compliance with the applicable provisions in ORS.6N and finds that it complies with those provisions. 1 Re: Real Estate Sale Agreement No. 8678 Dated 0412 1/03 2 Seller: DESCHUTES COUNTY 3 Buyer: JOHN ANDERSCH KIMBERLY ANDERSCH 4 The real property described as: 2 1 500 DALE ROAD BEND OR 97701 5 6 Seller agrees to sell the real and personal property specified in Buyer's offer on the terms and conditions in Buyer's offer, except as 7 modified below. a SALES PRICE TO BE $595.000-00. TERMS TO BE 1 5% DOWN 7.25% AMORTIZED OVER A 20 YEAR TERM 9 10 SUBJECT TO PURCHASER APPLYING FOR A CUP ON THE EFU 40 ACRE PARCEL, AND OBTAIN A FORMAL LAND 11 PARTITION ON OR BEFORE MAY 1 5, 2000. 12 13 CLOSING TO BE 30 DAYS AFTER PARTITION IS READY TO RECORD, OR ON OR BEFORE NOVEMBER 1-5, 2003, 14 WHICHEVER OCCURS FIRST. 15 16 THE REMAINING BALANCE OF $505,750 TO BE ON A SELLER NOTE AND TRUST DEED IN FIRST LIEN POSITION NO 17 PREPAYMENT PENALTY AND NO PARCEL RELEASE CLAUSE. 1& For additional provisions, see Addendum 19 AGREEMENT TO SELL: All provisions of the Buyer's offer except those modified herein are approved and accepted by Seller. Time is of the essence of this counter 20 offer. This counteroffer shall automatically expire on Date APR 24.03 , _ A.M, 5=P.M., if not accepted within that time. However, 21 Seller may withdraw this counteroffer anytime prior to written acceptance. This counteroffer maybe accepted by Buyer only in writing. 22 If Buyer accepts Seller's counter offer, Seller agrees to pay to the Selling Firm, or if this is a co-op transaction, the Listing Firm, the sum 23 of $ PER LISTfor professional real estate services rendered in this transaction. Seller authorizes Listing Firm to order a preliminary 24 title report and title insurance at Seller's expense and further authorizes escrow to pay out of the cash proceeds of sale the expenses 25 of furnishing title insurance, Seller's recording fees, Seller's dosing costs and any encumbrance on the property payable by Seller on 2e or before closing. Seiler is a U.S. citizen unless otherwise Stated herein (See FIRPTA clause in Real Estate Sale Agreement). 27 SELLER ACKNOWLEDGES RECEIPT OF A COMPLETELY FILLED IN COPY OF BUYER'S OFFER AND SELLER'S COUNTER 26 OFFER, WHICH SELLER HAS FULLY READ AND UNDERSTANDS. Seller acknowledges that Seller has not received or relied on any 29 statement made by any real estate licensee which is not herein expressed. In the event Buyer fails to complete the sale as herein 30 provided, the earnest money shall be distributed as follows after deduction of any title insurance and escrow cancellation charges: (check 31 one) First to the Listing Fir ,1 to the extent of the agreed commission just as if the transaction had been consummated, with residue 32 to Seller; or N 100. TO LER 33 Seller Signature Date 1-~a3 /6 A.M. P.M. 34 Seller Signature Date A.M. P.M. 35 AGREEMENT TO PURCHASE: Buyer accepts Seller's counter offer. 36 37 Buyer rejects Seller's counter offer OR Buyer makes the attached counter offer. 39 f Buyer Signature - Date q - ZIZ--- 63 , -A-M. P.M 9 - Buyer Sig ure Date '7 Z Z 3 A.M. 40 SELLER'S ACKNQWI EDGMENT u 41 Seller acknowledges receipt of copies of Buyer's offer and of Seller's counter offer bearing Buyer's signature, which Seller has fully read 42 and understands. 43 44 Seller Signature Date p 3,1y5- A. M. P.M. 45 Seller Signature z---• /t Date SSG A. M. _P.M. 46 RECEIPT OF EARNEST MONEY (Use only if earnest money provided in Buyer's offer is changed by Seller's counter offer). 47 Selling Firm acknowledges receipt of earnest money from Buyer NOT previously receipted for in the sum of $ evidenced 46 by cash, ❑ check, ❑ promissory note payable on or before which Selling Firm agrees to handle as provided in the 49 Agreement. Selling Licensee' s signature 50 Listing LicenseeSTEVE SCOTT/CINDY KING Selling LicenseeWOODY BENNETT 51 Listing Firm Broker's Initials/Date eAN Selling Firm Broker's Initials/Date 52 Q 2002, No portion may be reproduced without express perm' sio of i Oregon Real Estate Forms, LLC, a wholly-owned subsidiary oft eEug P land Metropolitan and Oregon Associations of REALTORS@ OREF 003 07102 SEL EMS COUNTEROFFER Company:STEVE SCOTT & Co., REALTORS Prnvirlcri hi/' f'.1- Ku $/N: PC F5 60 1 46 O Dale Road Property 161235-00-00100 $645,000 Dale Road Exchange Property for the Project Map printed 310512003 428 0 428 856 Feet 1:10280 Q N