Oregon Fee in Lieu Agreement
What is this form?
The Fee in Lieu Agreement is a legal document between property owners and a local city government. It allows property owners to pay a one-time fee instead of personally improving public infrastructure associated with their property development. This agreement particularly benefits owners who wish to develop properties far from existing infrastructure, addressing the need for public street improvements in a streamlined manner. Unlike standard development agreements, this form specifically outlines payment structures based on street classifications and applicable local codes.
Form components explained
- Identification of the parties involved: the property owner and the city.
- Details of the property, including its legal description and location.
- Assessment of fees based on street classifications organized into two tiers.
- Owner's obligations regarding public facilities and improvements.
- Terms for early termination of the agreement.
- Compliance with city codes and ordinances throughout the development process.
When this form is needed
This form should be used when a property owner intends to develop residential or certain commercial properties located a specified distance from existing infrastructure. It is particularly relevant in situations where local government allows for a fee to be paid instead of undertaking immediate development improvements to public facilities. For instance, if a new dwelling or project is proposed in an area that requires public utilities or road improvements, this agreement serves to manage the financial obligations associated with such developments.
Who should use this form
- Property owners developing residential or commercial properties within city limits.
- Individuals or organizations considering projects requiring public infrastructure improvements.
- Owners of properties located more than designated feet from existing public utilities.
Completing this form step by step
- Identify the parties involved in the agreement by filling in the respective names of the owner and city.
- Provide a detailed legal description and address of the property being developed.
- Specify the assessed fee percentage based on the applicable tier for street classification.
- Check the relevant obligations concerning public facilities identified in Exhibit "C."
- Sign and date the agreement where indicated by all parties and arrange for notarization.
Does this form need to be notarized?
Yes, this form must be notarized to be legally valid. Users can utilize US Legal Formsâ integrated online notarization service, which is available 24/7 through a secure video call, ensuring legal equivalence without the need to travel.
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to provide accurate property descriptions or neglecting to attach legal exhibits.
- Not specifying the correct street classification fee percentages.
- Overlooking the obligation checkboxes related to public facilities.
- Missing signatures or dates from all parties involved.
Benefits of completing this form online
- Convenient access to downloadable templates that can be filled out at your own pace.
- Editable forms allow for customization according to specific property details.
- Ensures compliance with local laws and standards easily through provided guidance.
