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2004-1047-Ordinance No. 2004-016 Recorded 8/3/2004REVIEWED LEGAL COUNSEL RE 4IEWED CODE REVIEW COMMITTEE DESCNUTES COUNTY OFFICIAL RECORDS ��104 U 2004 NANCY BLANKENSNIP, COUNTY CLERK 00; 7 COMMISSIONERS' JOURNAL 08/03/2004 03;59;38 PM IIIIIIII IIIIIIIIIIII II VIII I III 2004-1047 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON An Ordinance Adding Chapter 11.10 of the Deschutes County Code establishing a general policy * ORDINANCE NO. 2004-016 that right of reversion clauses shall not include termination dates. WHEREAS, the Deschutes County Board of County Commissioners ("Board") intends to establish a policy that, for all real property sold or donated to or exchanged with private, non-profit organizations or government entities, all reverter and right of reversion clauses shall be in perpetuity unless the Board has had the opportunity for a full discussion of the matter; now therefore, follows: THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ORDAINS as Section 1. ADDING. Deschutes County Code Chapter 11.10, General Policies For The Sale, Donation Or Exchange Of Real Property, is added to read as described in Exhibit "A," attached hereto and by this reference incorporated herein.`� Zen. APPROVED this day of 2004 for the Deschutes County Board of Commissioners. BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ATTEST: Recording Secretary Date of 1St Reading: 14th day of July, 2004. Date of 2nd Reading: 28th day of July, 2004. CHAEIIM. DALY. Cla`air TOM DFy PLF, Comniiss NNIS R. LUKE, Commissioner Record of Adoption Vote Commissioner Yes No Abstained Excused Michael M. Daly 1/ �S ✓� Tom DeWolf 1 Dennis R. Luke Effective date: October 26, 2004. PAGE 1 OF 1 - ORDINANCE NO. 2004-016 (07/14/04) EXHIBIT A Chapter 11.10. GENERAL POLICIES FOR THE SALE, DONATION OR EXCHANGE OF REAL PROPERTY 11.10.010. Right of Reversion. 11.10.010. Right of Reversion. A. For all County owned real property, as that term is defined in DCC 11.08, to be sold or donated to or exchanged with a private non- profit organization or governmental entity, all reverter or right of reversion clauses shall not include a termination date. B. The Board may include a termination date for any reverter or right of reversion clause only after at least one public work session at which the matter is discussed. (Ord. 2004- § 1, 2004) Chapter 11.10 1 (10/2004) Page 1 of 1 Ordinance 2004-016 , EXHIBIT A