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HomeMy WebLinkAbout1998-038 LID Agrmt - Teitelbaum98-13067 CITY OF ASHLAND, OREGON AGREEMENT OWNER: Albert Teitelbaum ADDRESS: Juli Franc Schwartz 284 Hersey Street, Ashland OR 284 Hersey Street, Ashland OR Jackson County, Oregon :Recorded' OFFICIAl. ';ECORO$ APr 0 PROPERTY: 39 1E 4 TWP RANGE SECTION 4CB 2303 (Beverly Court, A Planned Community - units %24) ASSESSOR'S MAP # TAX LOT # (s) STREET ADDRESS: 284 Hersey Street, Ashland OR PLANNING ACTION 96-020 Site Review March 12, 1998 PA# TYPE 1 DATE As the owner(s) of the property listed above, I/we hereby consent to the following improvements, dedication, or other actions as required by the City of Ashland, and agree to bear the proportionate payment of associated costs. This Agreement is to be binding upon myself/ourselves, my/our heir(s), executors, and assigns, and it is my/our express intention that this Agreement shall run with the land, so that fulfillment of the items listed below shall be binding upon future owners of the property. This consent is in consideration of APPROVAL OF SITE REVIEW. IMPROVEMENT, DEDICATION OR OTHER ACTION: 1) AGREE TO CONTRIBUTE A PRO RATA SHARE OF THE COST OF THE INSTALLATION OF A TRAFFIC SIGNAL AT THE INTERSECTION OF HERSEY STREET AND NORTH MAIN STREET IN AN AMOUNT ROUGHLY PROPORTIONAL TO THE PROJECT'S CONTRIBUTION TO THE CUMULATIVE TRAFFIC AT THAT INTERSECTION; AND AGREE NOT TO REMONSTRATE TO THE FORMATION OF SUCH LOCAL IMPROVEMENT DISTRICT FOR THE INSTALLATION OF A TRAFFIC SIGNAL; AND AGREE TO PAY ASSIGNED SHARE OF SUCH DESIGNATED IMPROVEMENTS. ALBERT TEITELBAUM, MANAGER 284 ~..r-eey~.et, LLC ; ~' . ' JOL~ F'I~.NC SCHWARTZ, M~NAGER 284 Hersey Street, LLC STATE OF OREGON ) County of Jackson ) DATE DATE OFFICIAL SEAL NANCY E SLOCUM NOTARY PUBLIC - OR'~GON OOMMIgSION NO. 046453 MY COMMISSION EXPIRES SEPT. 18. 1999 NOTARY ~UBLIC FOF~REGON ~ . ~ ~f~ MY COMI~11SSION ExPIrES: /- /~) -/~7 acknowledged that he (she)(they) executed the same. Onthis if-'_ ayof ~ whose identity was proven to me on the basis of satisfactory evidence to be the person(s) whose name(s) is (are) subscribed to this instrument, and