Title
Restrictive Covenant Non-Remonstrance Agreement for the 5-Lot Subdivision at 13918 Lazy Creek Lane
Body
RECOMMENDED ACTION (Motion):
Adopt the Restrictive Covenant Non-Remonstrance Agreement for the 5-Lot Subdivision at 13918 Lazy Creek Lane project and authorize the Mayor and City Recorder to execute this document.
BACKGROUND:
In accordance with Oregon City Municipal Code 16.12.095, at the time of land division, applicants shall execute a binding agreement to not remonstrate against the formation of a local improvement district (LID) for improvements that benefit the applicant’s property. Specifically identified in the OCMC are transportation, stormwater, sanitary sewer, water and sidewalk system improvements.
A Restrictive Covenant Non-Remonstrance Agreement provides a waiver of any and all rights to remonstrate against the formation of a Local Improvement District by the City of Oregon City for the purpose of making various improvements.
More specifically and under this action, the Restrictive Covenant Non-Remonstrance Agreement attached to this report serves as the binding agreement preventing the applicants from remonstrating against the formation of an LID by the City for the purpose of making public improvements for the project identified as the 5-Lot Subdivision at 13918 Lazy Creek Lane(TP16-02), Tax Map and Tax Lot 3-2E-08A 02100.