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36-269-Resolution No. 80-220 Recorded 10/30/1980VOL S&AGE 2,69 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON A Resolution Approving a Form ) of Improvement Agreement in ) Accordance with Article 9, ) D Ordinance No. PL -14, Deschutes ) County Subdivision and Partitioning ) ii(;T, 7980 Ordinance of 1979, as Amended ) ROSFAMRY DESCHUTES PArrERSON RESOLUTION NO. 80-220 COUNrr CLERK WHEREAS, Article 9, Ordinance No. PL -14, Deschutes County Subdivision and Partitioning Ordinance of 1979, as amended, provides that a developer may, in lieu of completing required improvements, enter into an agreement with the County for the completion of the required improvements; and WHEREAS, a form of agreement for this purpose has been reviewed by the Board of County Commissioners; now, therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, as follows: Section 1. That the form of agreement, entitled "Improvement Agreement," marked Exhibit A, attached hereto and by this reference incorporated herein, is hereby approved as the form of agreement to be used by the County in accordance with Article 9, Ordinance No. PL -14, Deschutes County Subdivision and Partitioning Ordinance of 1979, as amended. DATED this Mdjd.ay of 6. 1# , 1980. ATTEST: TAMMY JVRICHAFDSON Recording Secretary RESOLUTION NO. 80-220, PAGE 1 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON '•: • • ld- 5 VOL 36PAGE 270 IMPROVEMENT AGREEMENT THIS AGREEMENT, relating to the installation of required improvements to be constructed in Subdivision, Plat No. hereinafter referred to as Subdivision," made and entered into this -__day of , 19 , by and between DE CHUTES COUNTY, OREGON, a po itica subdivision of the State of Oregon, hereinafter referred to as "County," and , hereinafter referred toa"Developer, wionesseth: WHEREAS, Developer is the subdivider of Subdivision; and WHEREAS, the improvements for Subdivision have not been completed; and WHEREAS, Developer wishes to file a final plat of Sub- division prior to the completion of the required improvements; and WHEREAS, Article 9, Ordinance No. PL -14, Deschutes County Subdivision and Partitioning Ordinance of 1979, provides that Developer may, in lieu of completing required improvements, enter into an agreement with County for the completion of the required improvements and provide a good and sufficient bond to provide for the completion of the required improvements; now, therefore, IT IS HEREBY AGREED BY AND BETWEEN THE PARTIES above mentioned, for and in consideration of the mutual promises herein- after stated, as follows: 1. That Developer shall. complete all improvements in Subdivision as required by the tentative approval of the subdivision plat, and required by Deschutes County Ordinance No. PL -14, Deschutes County Subdivision and Partitioning Ordinance of. 1979, and any other Deschutes County Ordinance applicable to the tentative approval of the subdivision plat, on or before 19 2. If the improvements required in accordance with Section 1 above are not completed by the date for completion shown in Section 1 above, County may contract to have the required im- provements completed and recover from Developer the full cost and expense of completing said required improvements, together with court costs and attorney's fees necessary to collect said amounts. 3. Subdivider shall pay to County the actual costs incurred in the inspection of the completed improvements. 4. That a bond, a copy of which is marked Exhibit A, attached hereto and by this reference incorporated herein, shall be the security required in accordance with Article 9 of Deschutes County Ordinance No. PL -14, Deschutes County Subdivision and Par- titioning Ordinance of 1979, and is on file with the Director of Public Works of County. IMPROVEMENT AGREEMENT, PAGE 1 VOL 36PAGE 271 5. County may call upon Developer's bond upon default of this Agreement for any and all costs and expenses incurred by County in the completion of the required improvements of Subdivision. If the amount of the bond exceeds costs and expenses incurred by the County, County shall release the remainder, if any, to Developer, subject to Section 7, below. If the amount of the bond is less than the costs and expenses incurred by the County, Developer shall be liable to County for the difference. 6. The bond shall be released by County one year after the completion and inspection of the improvements required to be constructed by Developer in Subdivision. 7. This Agreement shall be signed in triplicate and a copy filed by Developer with the maker of the bond. 8. In the event an action or suit or proceeding, including appeal therefrom, is brought for failure to observe any of the terms of this Agreement, County shall be entitled to recover in addition to other sums or performances due under this Agreement, reasonable attorney's fees as the court may adjudge in said action, suit, proceeding, or appeal. DATED this _ day of , 19 DEVELOPER DESCHUTES COUNTY, OREGON By. NEIL K. HUDSON, Director of Works, on behalf of the County By: IMPROVEMENT AGREEMENT, PAGE 2 ACCEPTABLE FORM OF CERTIFICATE FROM BANK CERTIFICATE Developer: Bank or lending institution: Amount: VOL 36PAGE 2 12 , hereinafter referred to as "Bank" Security for required improvements of DOLLARS ($ ) Subdivision, Plat No. EXECUTED at Oregon, this day of 19 In consideration of an improvement agreement between Developer and Deschutes County, Oregon, a political subdivision of the State of Oregon, hereinafter referred to as "County," Bank unconditionally guarantees and promises to pay to County, on demand, in lawful money of the United States of America, any and all of the above amount as follows: 1. Maximum liability of Bank shall be the amount of this Certificate. 2. Liability hereunder shall be open and continuous until the day of ) 19 unless released. by County in writing on an earlier date. 3. Bank hereby waives presentment, protest, demand, or notice of any kind. County may demand any or all of the amount of this Certificate and receive payment from Bank without notice to Bank or Developer, or approval of Developer. No payment by Bank to County of a portion of the amount of this Certificate shall discharge the remainder of the amount of this Certificate. 4. Upon default of the improvement agreement for the required improvements in the above subdivision, as determined by County, County may demand and be entitled to payment by Bank. Failure to make such demand shall. not relieve Bank of its obligation hereunder or constitute a waiver. EXHIBIT A