Sides pays back bond debt; leaves worthless lot for city

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By JASON COX
Of the Keizertimes

Two prime parcels at Keizer Station set to be auctioned to the highest bidder to cover costs associated with an anticipated bond default won’t be placed on the block after all.

City officials announced late Monday afternoon that Chuck Sides paid a total of $627,009.25 to make current payments on taxpayer-financed local improvement district bond debt. The properties, which are adjacent to Interstate 5 along Keizer Station Boulevard, were to be auctioned on the steps of the Marion County Courthouse at 10 a.m. Tuesday morning.

On the two parcels, City Attorney Shannon Johnson said payments were made current, but the debt was not paid off completely.

“He had to bring them current before the foreclosure sale,” Johnson said. “That means he paid the past due payments, all the

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