Untitled 1-
•
ESCROW AGREEMENT
THIS AGREEMENT is made this 6th day of October, 1999, by and between Susan E. Sweeney,
(Referred to in this Agreement as "the Property Owner") and the City of Salina, Kansas (Referred to in the Agreement
as "the Escrow Agent").
RECITALS
•
A. Property owner is the owner of real estate legally described as:
Lot 13 & S 63 Lot 12 Blk 2 Tasker Addition
(referred to in this Agreement as "the Real Estate")
B. Special Assessments have been levied against the Real Estate and bonds have been issued by the
City of Salina, Kansas, in payment of the costs of the public improvements for which the special assessments were
levied.
C. Pursuant to Salina Ordinance Number 88-9252, the Property Owner wishes to deposit with
the Escrow Agent funds which, when held in an interest-bearing account, will generate sufficient interest such that
the share of annual payments of bond principal and interest attributable to the Real Estate can be made.
D. The Escrow Agent is willing to receive such payment from the Property Owner and to hold
such funds., subject to the terms and conditions of this agreement.
SO NOW, THEREFORE, the parties agree as follows:
1. Payment. The Property Owner deposits with the Escrow Agent the sumof Six hundred sixty
three and .58 /100 Dollars ($663.58), the receipt of which is hereby acknowledged by the Escrow Agent.
2. Investment. The sum deposited by the Property Owner with the Escrow Agent shall be
deposited by the Escrow Agent in an escrow account under the City's Special Assessment Escrow Fund and invested
as permitted by law.
3. Annual withdrawal. In January of each year, the Escrow Agent shall transfer from the escrow
account an amount necessary to pay the annual bond principal and interest payments attributable to the Real Estate
and the 5% annual administration fee. The amount necessary to pay bond principal and interest will be transferred
to the City's Bond and Interest Fund and the administrative fee shall be transferred to the City's General Fund.
4. Termination. This Escrow agreement shall terminate on December 20, 20D3, coinciding with
the payment from the escrow account of the final annual installment of bond principal and interest attributable to the
Real Estate.
5. Binding effect. This Escrow Agreement shall be binding upon and insure to the benefit of the
heirs, executors, administrators, devisees, legatees, successors and assigns of the parties.
EXECUTED this 6th day of October, 199�9,��y/ Q /yJ
Susan E. Sweeney / (I
"Property Owner"
CITY OF SALINA, KANSAS
By 14-iiit A 5 Rodney Franz
"Escrow Agent"
STATE OF KANSAS, SALINE COUNTY, ss: .
The above and foregoing instrument acknowledged before me this d day of October, 1999,
by Susan E. Sweeney, the Property Owner.
BARBARA R.WEBER
rlak W
�,
Notary Public .
STATE OF KANSAS, SALINE COUNTY, ss:
The above and foregoing instrument acknowledged before methis to )44 day of October, 1999, by
Rodney Franz, Finance Director of the City of Salina, Kansas, on behalf of the City of Salina, Kansas.
BARBARA R.WEBER
tliiG . /M Nit En1 9-46-03 , e
Votary Public
•
ESCROW AGREEMENT
•
THIS AGREEMENT is made this 6th day of October, 1999, by and between Susan E. Sweeney,
(Referred to in this Agreement as "the Property Owner") and the City of Salina, Kansas (Referred to in the Agreement
as "the Escrow Agent").
RECITALS
A. Property owner is the owner of real estate legally described as:
•
Lot 13 & S 63 Lot 12 Blk 2 Tasker Addition
•
(referred to in this Agreement as "the Real Estate")
B. Special Assessments have been levied against the Real Estate and bonds have been issued by the
City of Salina, Kansas, in payment of the costs of the public improvements for which the special assessments were
levied.
C. Pursuant to Salina Ordinance Number 88-9252, the Property Owner wishes to deposit with
the Escrow Agent funds which, when held in an interest-bearing account, will generate sufficient interest such that
the share of annual payments of bond principal and interest attributable to the Real Estate can be made.
D. The Escrow Agent is willing to receive such payment from the Property Owner and to hold
such funds, subject to the terms and conditions of this agreement.
SO NOW, THEREFORE, the parties agree as follows:
1. Payment. The Property Owner deposits with the Escrow Agent the sumof Six hundred sixty
seven and .99 /100 Dollars ($667.99), the receipt of which is hereby acknowledged by the Escrow Agent.
2. Investment. The sum deposited by the Property Owner with the Escrow Agent shall be
deposited by the Escrow Agent in an escrow account under the City's Special Assessment Escrow Fund and invested
as permitted by law.
3. Annual withdrawal. In January of each year, the Escrow Agent shall transfer from the escrow
account an amount necessary to pay the annual bond principal and interest payments attributable to the Real Estate
and the 5% annual administration fee. The amount necessary to pay bond principal and interest will be transferred
to the City's Bond and Interest Fund and the administrative fee shall be transferred to the City's General Fund.
4. Termination. This Escrow agreement shall terminate on December 20, 2(07, coinciding with
the payment from the escrow account of the fmal annual installment of bond principal and interest attributable to the
Real Estate.
6.
5. Binding effect. This Escrow Agreement shall be binding upon and insure to the benefit of the
heirs, executors, administrators, devisees, legatees, successors and assigns of the parties.
EXECUTED this 6th day of October, 1999.
/4)'1,02. - lJiaai✓1ay
Sus E. Sweeney O
"Property Owner"
CITY OF SALINA, KANSAS
By ikerP
Rodney Franz
"Escrow Agent"
STATE OF KANSAS, SALINE COUNTY, ss:
6 14
The above and foregoing instrument acknowledged before me this day of October, 1999,
by Susan E. Sweeney, the Property Owner.
ass BA1BARARV1EEN ®
MATRON
• Mika seat-ZS?
otary Public
STATE OF KANSAS, SALINE COUNTY, ss:
The above and foregoing instrument acknowledged before methis /o ay of October, 1999, by
Rodney Franz, Finance Director of the City of Salina, Kansas, on behalf of the City of Salina, Kansas.
enaev I
% -r
rotary Public
V
11 -110-n "P h a it }t7 i e%'> m p > o r r
O 1 { I, (i ti i m T n c Q
CD N'N N N N- SN N Na N , j '� o•> :fill • iO.00 OO; :000O• ea
73- 27 m
N N:N N N^N N:N N N - m 0
tn`•. ';,0 0n0 0 o"
;0'0 0 0 0• c Cp 9 l 3 O
y j OOOOO.O.O O O'Oc a
co
aaea,.,;',,;:,. { '.:CO.Wy„J SW Cn.'A co W N -a. o N m Z]N W
m
O Z CD 14 -I
C a
V W 00 0 N o Cn -a OD A 0 Q 3 Z
N 0) CO W O O W j O A`< 7
03 CO J N J N O) 0 0
71 r
43 a m;696969 EA 0 CO O V
0 it .•�aE OO.0000N JI(JO{W fG Ca,00jNW
W '^';, i Orb'-O O O O Co O.N N a '6) (OO l0
Cn
W
.69 a EA'69 —
0 0.0 0 0 0'0) 0 (n (n Z 69 r
V i O O b O Obts al A b A 0 , CT cn O
A { ! 0 00',,06:3, 0 W OA11 0Ai O W MI
! ti i in N)
� ° O0 m
+aT .7:x..- e ,. r
Z w
= N
CW 69 69 69 EA EA EA EA 69 69 69 EA 09 -, N W m ° D H
N o 0 0 0 0 0 0 0 0 0 0 C9 0) a N 7J a
6 O O O O O O O O O O O W m J Co m Cn
CT 0 0 0 0 0 0 0 0 0 0 o A o 0 N Cn N Im
° A
69 E» 69 on 69 69 69 69 EA EA 69 69 69 69 69 0 D
N o 0 0 0 0 0 0 0 0 0 o w m m <o v o
00000000 6 0 • 'cm co w a
N 00000000000ACISm °' m -Ti
m z)
-J 69 69 69 69 fA 69 69 69 69 69 69 69 Ej EA 69 H Co
W O O O O O O O O O O O J J CO 0 0
V10000 00000000 (a' 0P) H m
rn a 0 0 0 0 0 0 0 0 0 0 0 A 0)) n) A r
l r
< >
•
0 0 0 0 0 0 0 0 0 0 x -0 CO
00000 On On V V � N on On io ioz A m
O O O o O on 0 N A CO A '-..1 Cn m m
0 0 0 0 0 A 0 0 0 -• CT CO N N (/) co N
000000 --J04)4000001 A W m [n
0 0 0 0 0 N CT 0) A N 0) CO J CI) N
O O O O O O N O (n 0 O A O A W Z m o
zO
-i m
n
1 ri
Off) 0) 69 69 69 69 69 69 EA 69 EA 69 69 69 6—s 6—s Ej -• C #4.' m r
on 0 0 0 0 0 0 0 CJ 0 0 0 0 A CT J o D m Z
.01 _, -. 00000000000 :3. 03° , C m { D
CO A
000 J m Z 3
J m
CO z
fAa aCAm m m
6969 EA 6969 EA69696969 W A 0) > 0 0
0000000000004) (00r - A
0 0 o O o 0 0 0 0 0 o ” O co W z Z
00000000 ° 00 .w J O in Z Z
J CT O co 0 Z
m0
N
O
C m '7) -J 696969 w EA EA6969 EA 69 EAEAEj 6969 Z
Z { A 0000000000000 -9 J CO V Z
Z 0 0 0 0 0 0 0 0 0 0 O O N CO J m O
O K i o 0 0 0 0 0 0 0 0 0 0 0 o m N CO m
N Z pc -I r
-i -
fA 69 69 69 EA 69 69 EA EA EA EA 69 69 69 69 69 69 EA
EA C) J W 0 0 0 0 0 0 0 0 0 0 O W CA W C0 m D
0 CO 0 b 0 0 0 0 0 0 o O o 0 0 -s in o ,) m 0
Co in W N O o O o o o 0 0 0 0 0 A O Q) o m K
-+ on 0
m z
0 fan 0 0 0 0 0 0 0 o o Pp) W coo N A m
0 0 0 0 0 0 0 0 0 0 O O CT N o O Z ,Cl
W 0 0 0 0 0 0 0 0 0 0 0 J cam -4 m m
0 CD
•
y
SA5050DF Special Assessments - Work With Tract Assessments 10/06/99
8 :52 :27
Job: 1993-873 Streets & Utilities-Laurie/Tasker
Tract# Lot Block Subdivision
27320 PT12 & 13 002 689 TASKER
Lgl: LT 13 & S 63 LT 12 BLK 2 TASKER ADD
Type options, press ENTER.
2-Change 4-Delete 5-Display
Opt Year Principal Interest Payments Assessment
_ 1994 102 .9720 72 .0742 .00 175 . 05
_ 1995 102 . 9720 47.3318 .00 150 .30
_ 1996 154 .4580 63 .1214 .00 217 .58
_ 1997 154 .4580 55.8811 .00 210.34
1998 154 .4580 48.4078 .00 202 .87
„.7_---------
1999 154 .4580 40.6997 .00 1
_ 2000 154 .4580 32 .8223 .00 187.28
_ 2001 154 .4580 24 .7905 .00 179.25
_ 2002 154 .4580 16.6042 .00 171.06
2003 154 .4580 8.3407 .00 162 .80
Help F3=Exit FS=Refresh F6=Create F12=Cancel
---t
Og73c4 D 3o 1 -- Cat -zL .x
CIPP-4- /600
V
y --1 1 4... -; ''',9 io O D o
o -1
r O� ,, ' m
1 f ∎' n) 0 0 P CD o
y- aI f 1_, _. m 0' 0 c Z p
r gr'''! i I CN NNNN'NNKNN '° » » 0 #
OD -ea NJ ..IV- N N N N•N N N'-N'3 3 -o O
i '• ,so co o
0 0 o 0 0 0 0 a Ac, m m
N N N N N N'N 0<"30 N N d - 3 N
a' 0.00000OOp, d to* Q
co O O 0 0.0 0 0 0':0 c Cp (D ZJ
`.T < 0 CO V T'(T A W N 'O co c y ti
N d 'D
o c a h 0
CO CO N N N (0 -s c1 3 B z
J W CO O) N CO (n 4 CO A CO O Z
N W CO CO m O CO j 0 A`G -
CO W J N J N CO o N co Ci
r
e E . :, a i7 z for et d O p f:'N s'
010)) ' O so c00 COO _ co COO COOP PO (D N) m.J J
co
'I, O 0-0 CO'CO J CO CO N (0} 6 Co 0 0 W
<00 0 0-raLr J 0 C o W CP
co
0 o
; [ W
N O OJW � � W W «
O1
O 0:o O O O CO (31 T n n
A oo•Cn °) rnrn0) mrn o -I• ■ o 0 No
1
r-
69 Co
o CD o W m (D N
N- ei to to to EA to to to .69 N
-40000000430) 0430007 -‘ .Z7 C H
- 0 0 0 0 0 0 0 A J O A CO CO m A cp Dr, )3
-s 0 0 0 0 0 0 0 N CO CO 0 N J N cn
° m
D m 21
CA to to to to es to to to to to to en to to CO O :0
Ea 0 0 0 0 0 0 0 A A A A A A N CO ':0
0 0 0 Co 0 0 0 0 N A N J o N 0 a•ol 0 0 0 o O O O O -460 (04:( 000 -1-1
a O ri
M o
69 fA e) 0 to to 4. 4. 4
J Co W o 0 -I
O 00000000 0 - - 0
<a 0 0 0 0 0 Co 0 _, F3 0 A o v ? A D n
J J 0 o r
D
r
< >
0 0 0 0 0 0 0 0 0 0 ,> t co
o o o o o b) C n � J J C O CO CO (00c 7J m
0 0 0 0 0 co (0 N A co A J N m m
O O O O O A 0 0 0 -s N O N N Co co
0 0 0 0 0 O) J 0 A 0 0 0 cT A o X m (/)
0 0 0 0 0 N) N O) A N 0 o f O) N > z cn R
O O O O O Co N 0 CT 0 0 A 0 A W H H m
Z m
H m
4 co
rn EA fA fA fA EA fA 69 EA EA EA fo EA 69 EA �) �) < �J .� r
CA 00 0 0 0 0 0 0 N V No A O C ' D m � Z
O N A 0 0 0 0 0 0 0 0 W A - V O N .0 m Z { D
W -f 3
0) m
m z
CO
EA to to to to to to to m
Eft EA to to to to 6A o N W j A N <” ,1›. 0 m
0 0 0 0 0 0 0 N a) a W A J A ID D Z O•
0 0 0 0 0 0 0 OO J J o o J o C0 Z Z K
A f0 N W O O (O n Z
m 0
n
23 c w
co -0 'xi e) fA EO ei fA fo fA to to fA SA EA to En 649 Z -
> m CO 0 0 0 0 0 0 0 N 0 0 CO A `J° 0 0 -t Z
Z < Z (n 0 0 0 0 0 0 0 -s _, 0 J o o N CD X/ 55
G) 1 CO J cT o o W o m
1
EA to et 69 to to to to EA to of to to to to to EA fA
69 CD J v o o 0 o 0 o o A A A A A A Ot Ot T D
co m b J 0 0 0 0 0 0 O o N A cO m N o m O•
m '(D U) 0 0 0 0 0 0 0 0 0 J W CO A CO o O m K
0 CO 0
69 69 fo fo fA fA m z 64 64 N- OOP00 o0' 0)) (0 N W = m
CO 0 0 0 0 0 0 0 W CT '0,, N 0 W N Z 7J
Co oo � c0 -, com0En
O H
SA5050DF Special Assessments - Work With Tract Assessments 10/06/99
8:52 :48
Job: 1995-928 Schilling Road Drainage Area A (Tasker - No. Side)
Tract# Lot Block Subdivision
27320 PT12 & 13 002 689 TASKER
Lgl: LT 13 & S 63 LT 12 BLK 2 TASKER ADD
Type options, press ENTER.
2-Change 4-Delete 5-Display
Opt Year Principal Interest Payments Assessment
1998 78 .5560 39.2780 .00 117. 83
1999 78 .5560 35.3502 .00
_ 78 .5560 31.4224 .00 109. 98-
_ 2001 78 .5560 26.6698 .00 105 .23
_ 2002 78 .5560 19.3248 .00 97.88
_ 2003 78 .5560 16.3004 .00 94 .86
_ 2004 78 .5560 13 .1974 .00 91.75
_ 2005 78 .5560 10.0159 .00 88.57
_ 2006 78.5560 6.7558 .00 85.31
2007 78 .5560 3 .4565 .00 82 .01
Help F3=Exit F5=Refresh F6=Create F12=Cancel
Il
. .
- .
• ....
' .
; , nah,_,
-n 53 .
"r3 -0 :1 W1.--•
33 m
o 0
rn in 161.1 my
K rri E-
C -.•
7.1 -0 :rid MEM "- .- •
m --,-
a rr
t...4D D .0y; . ..-C" ,...7%-,1 •
'-'e .-;0:.; ■I ..,,..„.„ j
:
ci M t ,til.4";:-. •-
-.r
fil
r.n .1) : -.1*: '.^,::viio•
in r..r
'I) 13 ',0.
...,4
® ' .•■•`-',:., .{, 0
-. 4.
in -i 011 4: ,;,' ..
_
01W f_r! a) '1.*',41e1 0
Cf.i
w n co ri ..,.--,.:. a-
, T
1 rt. t cp.. '...141:".■
,...
..._
Ca
i....
`LI
.a
0
-.0
ID
-a CO , :r.--: ..0
-.C.
cn r.13 (-11 al 'ti'....
LII 112 LI '0'
--a 0 •--i -'-' -
...
. •
0)... .
0 •0 0 in ,...;.1, al
o.
5 A
a
.,.:... i ("]... -.0 . ,
cu 7:
,...
03 ru ....:::„..;- _
. .
•
. , .
..„.•
1. Cr
LO
a
.
: -:•.:i?,::. •
2,-,•;". to 03 ■Io
„ ,•• 0) 0
1 , , ,...,,w,;-:: •
• •
;•• •'',
'...4....,-, CO X Ci)
't5.4!":;...........
t
A 0 LW
r C
..—
0 Ch =
C
I m .
.c.Ai
Is)
1 r
1 g
H..c4-...:,
...„ -I su
co
I In
• .4,11 , 4-6.,,
71.'•;1
1 in32
'',1'.:::::.
I 0 a
, .•:::::::...— - .....,.;:
0
I 4
•?"'1:::: '.• • ..., '.
0 V
,.,....,,r
1:,..
--1
rn
0
ri
't•c,.:*. ()
•
-.-I
'.0-il rn
:.1)
.
7--
•
71
tS'ail
D
Z
1;4:41 0
—
krsi .
,
•O`
C•• .0 .
Z 1 g;
0- 0' — A
a, 0" a-
,
11) ',3 ....
CO
• • ;..• ,o
r:a
•n ••0
IV
...
-0 / CP -
.
1.11
-...I
_ -