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HomeMy WebLinkAbout1984-031 Trade Agrmt-Borgstrom Il RETURN TO: City Recorder 20 E. Main ST. ~ Ashland, Or. 97520 84.-.166 ,,5 AGREEMENT Carl Borgstrom, the owner of 616 Fordyce Street, in exchange for water service being furnished to said property by the City of Ashland, does agree as follows: 1. As the owner of the hereinafter described real property, he agrees to irrevocably consent to the annexation of said land to the City of Ashland at any time selected by the City of Ashland, and at that time to pay to the City an annexation fee of $.0383 per square foot. 2. That in the event a court of competent jurisdiction holds that the City of Ashland was or is without authority to furnish water to said property, that in that event, he will immediately permit his property to be disconnected from the City water system, and to hold the City of Ashland, its employees, officers and agents harmless from any loss what- soever, and of any type whatsoever. 3. That this Agreement does touch and concern the land, and is to run with the land so as to be binding on the present owner, his successors, heirs and assigns. 4. Said land is located in the State of Oregon, County of Jackson, more particularly described as follows: Said legal description is contained in Exhibit A, which is attached hereto and incorporated herein. IN WITNESS WHEREOF, the parties have hereunto set their hands L-/CARE ~GSTROM STATE OF OREGON ) : Ss. County of Jackson) On this /.~2 day of State ct Oregon, County of Jackson--SS. The ~/jthin instrument received and file([ at/,~:,~,o o'clock .,,9' m. th_e._/_~_ . day of, ~ !9. ,~- Recorded in~~ ; ..J~eco.;ds_.~r Jackson County Oregon .... _'~./~ ~ County Clerk. 1984, before me appeared CARL BORGSTROM, who is known to me to be the identical~ividual who executed the within instrument having acknowledge~}~.~_: e has executed the same freely and voluntarilv. -'-._~~:~-.; '. IT WITNESS WHEREOF, I have hereunt~ se~~''~ '~' ~"~ficial seal the day and year last above written~/~ ~~~% ~b~]h-] My ~ission gxpi~Fs ~" _ EXHIBIT A tO AGREEMENT by CARL BORGSTROM Beginning at a point on the East line,:of Donation Land Claim No. 43 in Township 39 South, Range 1 East of the Willamette Meridian in Jackson County, Oregon, said point being 270.26 feet North 0° 11' East from the intersection of said Claim line with the Northerly line of the County Road (now East Main Street extended) ; thence North 0° 1i' East along said Claim line 180.56 feet; thence West 482.50 feet to the East line of Fordyce Street; thence South along said street line 180.56 feet; thence East 482.50 feet to the point of beginning.