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2023-114-Order No. 2023-012 Recorded 4/3/2023Recorded in Deschutes County REVIEWED Steve Dennison, County Clerk CJ2023-114 Commissioners, Journal 04/03/2023 10:20:47 AM LEGAL COUNSEL GC�vsEs�oG III�IIIIIIIIIIIIIII�III��II 2023-114 BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON An Order Designating the Deschutes County Property Manager, Kristie Bollinger as the Deschutes County Representative to Complete a Loan Assumption from Scott Harbick to Steven and Becky Harbick, Tenants by the Entirety, for Property Located at 52525 River Pine Road, La Pine, Oregon 97739 * ORDER NO. 2023-012 WHEREAS, the Board of County Commissioners of Deschutes County has authorized the loan assumption from Scott Harbick to Steven and Becky Harbick, tenants by the entirety, for property located at 52525 River Pine Road, La Pine, Oregon 97739; and WHEREAS, Scott Harbick purchased a 1.02-acre property at the October 2021 Deschutes County surplus real property auction for $160,000; and WHEREAS, the purchase included a down payment of $32,000 and financing the balance of $128,000 with the County at an interest rate of 4.25% and a maturity date of December 1, 2031; and WHEREAS, the loan balance as of March 20, 2023 is $116,079.43; and WHEREAS, Scott Harbick requested the County to authorize the loan assumption from Scott Harbick to Steven and Becky Harbick, tenants by the entirety; now, THEREFORE, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, HEREBY ORDERS as follows: Section 1. The Deschutes County Property Manager, Kristie Bollinger is designated as the Deschutes County representative to execute the necessary documents to complete the loan assumption from Scott Harbick to Steven and Becky Harbick, tenants by the entirety. SIGNATURES ON FOLLOWING PAGE PAGE 1 OF 2- ORDER No. 2023-012 Dated this � of M a'yk , 2023 ATTEST: Recording Secretary PAGE 2 OF 2- ORDER No. 2023-012 BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON ,-1,0 A THONY DEBONE, Chair PA TI ADAIR, Vice Chair PHIL CHANG, Coimnissioner MEETING DATE: BOARD OF COMMISSIONERS March 29, 2023 SUBJECT: Consideration of Approval of Board Order No. 2023-012 to authorize a loan assumption, and to authorize the Deschutes County Property Manager to execute the necessary documents to complete the loan assumption RECOMMENDED MOTION: Move approval of Board signature of Order 2023-012, to authorize a loan assumption from Scott Harbick to Steven and Becky Harbick, tenants by the entirety, and to authorize the Deschutes County Property Manager to execute the necessary documents to complete the loan assumption BACKGROUND AND POLICY IMPLICATIONS: At the October 2021 surplus real property auction, Scott Harbick purchased a 1.02-acre property located at 52525 River Pine in La Pine, known as Map and Tax Lot 211035CO02800 for $160,000. The purchase included a down payment of $32,000, and Mr. Harbick financed the balance of $128,000 with the County at an interest rate of 4.25% and a maturity date of December 1, 2031. Mr. Harbick has formally requested the County to authorize a loan assumption from himself to Steven and Becky Harbick, tenants by the entirety. Other than the loan assumption, all other terms of the loan will remain the same. BUDGET IMPACTS: None. Scott Harbick and/or Steven and Becky Harbick will pay for associated fees and costs. ATTENDANCE: Kristie Bollinger, Property Manager