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14-106411 D114-c —3 ,� L-1-3 (3.) WHEN RECORDED,RETURN TO: 111111111111111111111 City of Federal Way Community Development Services 2015022000 ° 33325 8�'Avenue South �a,00 Federal Way, WA 98003-6325 STEWART TITLE R PAGE-001 OF 003 KING COUNTY16WA2 RELEASE OF COVENANT OF PAYMENT OBLIGATION FOR OPEN SPACE FEE-IN-LIEU Payment Obligation for the Benefit of Grantee: City of Federal Way,a municipal corporation Entity Indebted to Grantee("Grantor"): Li '\a Reference Number(s)of Related Document(s): g o V,O Z O'4 c ..O 21 c Legal Description(Abbreviated): l n�- 1.4 t7 TIC ^-a,\ �'��,..� 51rvpr�- A4 'J'" 1O-1oc$53.-A• 00•5t..1 �Ec Z���c�20y cd t Full description as set forth on attached Exhibit"A." Assessor's Tax Parcel ID Number: () 5 2 lO‘"{ - 2.29 Nat or Building Permit Application Number: 1 t7- \i, 5 3 %.Goss . Amount Released: $ \ '-1 S 1 . rj0 THIS RELEASE OF COVENANT of OPEN SPACE FEE-IN-LIEU awl/4r, TRANSPORTATION IMPACT FEE(the"Release")is made as of this ,(pt'' day of Der,Q,,Kljz 201`•k by the City of Federal Way(the"City"). The City entered into a Covenant of Payment Obligation for Open Space Fee-in-lieu afar dated 2`VA job 0 and recorded under King County Recording No. 1:D\102.0 44OO2.1S(the"Covenant")with 1%js. i&i b1\kat4KGrantor to provide for deferred payment of the referenced fee(s). Pursuant to the terms of the covenant,upon Grantor's payment of the fees in the amount of: Open Space Fee-in-lieu$\O15T,sO a 1 am ni t e ;the City will release the Covenant. Accordingly,conditioned upon the Escrow Agent's or Grantor's disbursement of the Fee(s)to the City,the City hereby releases and discharges Grantor from the obligations described in the Covenant. Upon recording of this Release,all of the Grantor's obligations under the Covenant shall be deemed fully and completely satisfied,and the Covenant shall have no further force or effect. • • • M • • a• �• a • • 1 t City of Federal Way By: 44 /.� Its: C j Le -L./— Date: i/2,>/ t C— Grantor By: STATE OF WASHINGTON ) )ss. COUNTY OF V/ �� ) On this day personally appeared before me 4./legy re.-4-�?i E� , to me known to be the c QEGTD of C4714 c•F y that executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said corporation, for the uses and purposes therein mentioned, and on oath stated that he/she was authorized to execute said instrument and that the seal affixed,if any,is the corporate seal of said corporation. GIVEN my hand and official seal this 23"flay of ,20/5.— ‘""mt%ifiilr Notary's signature �Q���S %%1ioN1, y��/��// Notary's printed name Notary Public nand for the e f W shington. oC‘ 4.0TA,Q�'O,p �; My commission expires U34900 so m; (n. s N' A!!g t.G 3 � 1 `FAO �i�'itc• 444%,%%%%%%0' `"iti WASN,%•`�.` ATTACHMENT A (LEGAL DESCRIPTION OF PROPERTY) Lot 4: Beginning at the Southeast corner of the West half of the North 165 feet of the South 825 feet of the West half of the Southwest quarter of the Northwest quarter of !Section 5. Township 21 North. Range 4 East of the WillametteiMeridian; thence South 89 '51'39" West. along the South lineiof said subdivision, a distance of 145.36 feet to the East line of the West 176.49 feet: thence North 00 '08'21" West, along said East line,l a distance c 2250 feet to the North line of the South 22.50 feet of said subdivision: thence North 89 '51'39" East, along said North line, a distance 1200 feet: thence North 36 '59'42" East, a distance of 70.87 feet to the Nc line of the South 79.01 feet of said subdivision: ,, thence North 89 '51'39" East, along said North line, a distance 91.65 feet to the East line of said subdivision: thence South 00 '38'44 West. along said East line,! a distance c 79'01 feet to the Point of Beginning. Situate in the City of Federal Way, County of King. State of Washington. F ILE CITY OF CITY HALL L. Federal VVay Avenue South Federal Way,WA 98003-6325 (253)835-7000 www.cityoffederalway..com January 28,2015 Kimberly McDermid Stewart Title Company 6050 Tacoma Mall Blvd, Suite 100 Tacoma,WA 98409 RE: File#14-106411-00-AD;RELEASE OF COVENANT Afichuk Lot 4—Open Space Fee-in-Lieu,29328 1st Avenue S,Federal Way Dear Ms. McDermid: The city is in receipt of the$10,757.50 for the deferred open space fee-in-lieu associated with the Afichuk Short Plat.Please find the enclosed Release of Covenant ready for filing at the King County Recorder's Office. Feel free to contact me if you have any questions regarding the covenant at 253.835.2638 or matt.herrera@cityoffederalway.com. Sincerely, Matthew Herrera,AICP Senior Planner enc: Release of Covenant of Payment Obligation for Open Space Fee-in-Lieu Doc.I .67824 INVOICE City of Federal Way tm Of Invoice Date: December 16,2014 Federal Way Bill#: 192864 Ph:(253)835-7000 Permit#: 14-106411-00 Project Name: AFICHUK SHORT PLAT LOT 4-PARIS Site Address: 29328 1ST AVE S Applicant Name:STEWART TITLE COMPANY FEE DESCRIPTION AMOUNT OPEN SPACE MITIG FEE (8050) $10,757.50 303-0000-000-345-85-000 TOTAL DUE: $10,757.50 Branch:STK,User:5262 Order: 1014I24 Title Officer: Comment: Station Id:SGQO • 20110204000275.0.01 WHEN RECORDED,RETURN TO: City of Federal Way Community Development Services 33325 86 Avenue South PO Box 9718 Federal Way,WA 98063 121014 t1p�0q�}0li 40002 5 O�,04/2etl 0O: NINC COUNTY. Ur+ COVENANT OF PAYMENT OBLIGATION FOR OPEN SPACE FEE-IN-LIEU AND/OR TRANSPORTATION IMPACT FEE Payment Obligation for the Benefit of Grantee: City of Federal Way,a municipal corporation Persons Indebted to Grantee("Grantor"): 1.-'1,)dm t`a-- A.P r,04._ . Reference Number(s)of Related Document(s): Legal Description(Abbreviated):I.01.-7 Cti..r 04 F2.ek.t"a-I 1.00----1 . Shpr$r- ? A 1.10 10e,53‘'1-C 3L or% O Full description as set forth on attached Exhibit"A." 2 0'1 1 0 0 4 9 0 0 0 01 Assessor's Tax Parcel ID Number. 05'110(4. 9131, . Plat or Building Permit Application Number: i3O— \ne:•5; { -oo. U _ Notice is herby given that pursuant to Federal Way Revised Code("FWRC") 19.100.070(I)(b) and FWRC 19.100.070(3),the City of Federal Way(the"City")and the Grantor voluntarily agree to a deferred payment obligation for Open Space Fee-In-Lieu and/or Transportation Impact Fees("Covenant") against the above-described real property. By entering into this agreement,Grantor waives on b half of itself,its heirs,suocosso,s and assigns,its right to a refund or to contest how the fee(s)ar ed b he City to address the impacts for which the fee(s)were paid. The amount of the Open Space Fee-in-Lieu is:S l 9 r Is.")-50 0 C Tho initial amount of the Transpo ion Impact Fee is: S Ni h he initial amount of the administrative fee is: S .. �r , However,Transpotat on Impact Fees and their associated administrative fees do not vest and the amount owed is based on the Transportation Impact Fee schedule in effect at the time of payment.To check the current impact fee amount,please call the City of Federal Way Permit Center at 253-835 2607. The Transportation Impact Fee is due and owing to the City no later than the closing of sale on the house. The Open Space Fee-in-Lieu is due and owing to the City no later than the closing of sale on the house or five years following the recording date of this instrument,whichever is earlier. For each day IKING.WA Page 1 of 4 Printed on 3/9/2011 8:38:41 AM Document:COV 2011.0204000275 Branch:STK,User:5262 Order: 1014124 Title Officer: Comment: Station Id:SGQO , 20110204000275.002 • following the date on which payment is due for which Grantor has failed to pay the Open Space Fee-in- Lieu,Grantor shall pay an additional one percent(1%)of the fee as liquidated damages. Grantor's obligation to pay the fcc(s)as described in this instrument shall be a covenant running with the land and shall binding upon the Grantor,its heirs,successors and assigns.Any costs(including but not limited to the cost of litigation and attorney fees)incurred by the City in the enforcement of this Covenant shall be paid by Grantor. Venue shall be King County. All payments shall be made payable to the City and shall be directed to the City of Federal Way Permit Center,33325 8'Avenue South,Federal Way,WA 93063. ' Upon the receipt of notification that a sale is pending and fee(s)are to be paid,the City agrees to deposit into escrow a fully executed Release of Covenant,substantially in the form attached hereto as Exhibit B, The escrow officer shall record the Release of Covenant when hinds aro disbursed from escrow to pay the outstanding fee(a). The City may provide separate escrow Instnrotions consistent with this Covenant. Otherwise,die City will release this Covenant upon Grantor's payment of the above identified fee(s). City of Federal ay By: Its; (7J..A.ug.t jsic MJihDAt lL Date: 1 Z/1`i/1 0 Grantor y: STATE OF WASHINGTON ) COUNTY OF KING ) I certify that I know or have satisfactory Yvd evidence that � �r�G is the person who appeared before me,and said person acknowledged- that(he/she)signed this instrument,on oath .acknowledged it as the�/4eros' NR449 Cf to be(his/her)free and voluntary act for the uses and purposes mentioned in the instrument. Date: ta ublic Name: • KENNEDY TRAN rNor7P1ate of Washington (print Name" ) �� MY �18,20 EXPIRES NOTARY PUBLIC,in an. • thf.State off / Washington,residing at �/"��-,t'_4 0- My Commission Expires: <f/.‘"`2Ql ICING.WA Page 2 of 4 Printed on 3/9/2011 8:38:41 AM Document:COV 2011.0204000275 Branch:STK,Usor:3262 Ordor: 1014124 Title Officer: Comment: Station Id:SGQO 20110204000275.003 • ATTACHMENT A (LEGAL D11SC1UPTION OP PROPERTY) l at 4e Belinnin9 at the Southeast corner 99'f the Nest hal of ; the NorthiSS feet of the South 825 feet of the Nest half of the Southwest quarter of the Northwest Quarter of Section 6. Toynshio 21 North. Range 4 East of the Willamette Meridian: thence South 8949i'30' West. along the South line of said suddiv lion. a distance of 145.38 feet to the East line of the West 176.49 feet__ thence North 00' '21' Wast, aloe Said East line„ a distance f held subdiv0 ithence a10n h �.63 39eet to the thE88tG along of Q�s tl{Horthh 63lne a0 feet QdiatBncq .t. thennccef North 3$'59'42' East. a distLnae of 70.87 lent •to: the N. line of the $ttom�th ?�gg Qi feet of sai3O sup ivislah; I thence North oia'S1'39 Fast. along este North 31n . o Oilstone° 91)65 feet to the East line of said subs vi iQn thence South 00'38'44" West along said East lane a distance 79101 feet to the Point of Beginning, Situate in the City of Federal Way.; County of Kin . State of Washington. I • KING,WA Page 3 of 4 Printed on 3/9/201 l A 3R:41 AM Document:COV 2011.0204000275 Branch:STK,User:5262 Order: 1014124 Title Officer: Comment: Station Id:SGQO 20110204000275.004 • ATTACHMENT B (RELEASE OF COVENANT FOR OPEN SPACE FEE-IN-LIEU AND/OR TRANSPORTATION IMPACT FEE) RELEASE OF COVENANT OF PAYMENT OBLIGATION FOR OPEN SPACE FEE-IN-LIEU AND/OR TRANSPORTATION IMPACT FEE Payment Obligation for the Benefit of Grantee: City of Federal Way,a municipal corporation Persons Indebted to Grantee("Grantor"): Reference Number(s)et Related Ducument(s): Legal Descriptiae(Abbreviated): • Full description as set forth on attached Exhibit"A." Assessor's Tax Parcel ID Number. _ Plat or Building Permit Application Number: Amount Released;S THIS RELEASE OF COVENANT of OPEN SPACE FEE-IN-LIEU and/or (the"Release")is made as of this day of . 20 by the City of Federal Way(the"City"). The City entered into a Covenant of Payment Obligation for Open Space Fee-in-lieu and/or ated and recorded under King County Recording No. (the"Covenant")with Grantor to provide for deferred payment of the referenced fee(s). Pursuant to the terms of the covenant,upon Grantor's payment of the fees in the amount of: Open Space Fee-in-lieu$ :and/or TRwsporimiuu luentetFee$ and associated administrative foe S ;the City will release the Covenant. Accordingly,conditioned upon the Escrow Agent's or Grantor's disbursement of the Fee(s)to the City,the City hereby releases and discharges Grantor from the obligations described In the Covenant. Upon recording of this Release,all of the Grantor's obligations under the Covenant shall be deemed fully and completely satisfied,and the Covenant shall have no further force or effect. KING,WA Page 4 of 4 Printed on 3/9/2011 8.38:41 AM Document:COV 2011.0204000275