21-521-Order Recorded 11/18/1975IN THE BOARD OF COUNTY COMMISSIONERS
OF THE STATE OF OREGON ~6
FOR THE COUNTY OF DESCHUTES
In the Matter ) VOL 21 PAGE 54'1
G
of ) ORDER
Amendment of
Policy for Sale
of County Lands
At this time the Commission ammended the Orders of April 7, 1971,
and February 16, 1972, in the matter of Establishing Policy for Sale of
County Lands, as follows:
1. At the time of the request to place County lands up for auction
sale, a deposit of $2.0 shall be made for costs of publication
of description of property for sale and cost of deed - which
shall be refunded if applicant is an unsuccessful bidder.
2. For parcels selling up to Three Thousand Dollars ($3,000)
buyer shall pay cash.
3. For parcels selling from Three Thousand Dollars ($3,000)
to Ten Thousand Dollars ($10,000) buyer may have a maximum
of five (5) years in which to make installment payments.
4. For parcels selling over Ten Thousand Dollars, ($10,000)
the installment payment period will be ten (10) years.
5. All installment contracts will carry an interest rate of
eight percent (8%) on the unpaid balance which will be
the true annual interest rate. A minimum down payment of
ten (10) percent will be required.
DATED this 18th day of November, 1975.
BOARD OF COMMISSIONERS
CHAIRMAN
COMMISSIONER
~.ylY
COMMISSIONER