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HomeMy WebLinkAboutRESOLUTION NO. 2008-59 . .... ...... ... ......... RESOLUTION NO. 2008-59 RESOLUTION APPROVING PROPERTY PURCHASE AGREEMENT WITH HAROLD MCCORMICK AND JEANETTE MCCORMICK FOR PROPERTY ON EAST CEMETERY ROAD WHEREAS, A property purchase agreement has been submitted by Harold McCormick and Jeanette McCormick; and WHEREAS, Hall and Hall Engineers, Inc. has recommended acceptance by the City of Fairfax of said purchase agreement. BE IT RESOLVED, By the City Council of the City of Fairfax, Iowa, that the property purchase agreement submitted by Harold McCormick and Jeanette McCormick be and the same is hereby approved. NOW, THEREFORE, DE IT RESOLVED, By the City Council of the City of Fairfax, Iowa, that the Mayor and City Clerk are hereby authorized and directed to execute said Resolution. Passed and approved this 27a'day of January, 2009. 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W OT84 0 Y OZI w ®a x i , I E I �yYflR.•..* Scale: 1.1 uwi m o }- I I I o ci w�,n '•; 1"=200' m W i a� 3n Sheet, g 1 I I °.�s 1 of 1 X11• Project Number; . I I I 6950 s I 3 RESOLU'T'ION NO. 2008-59 I RESOLUTION APPROVING PROPER'T'Y PURCHASE AGREEMENT WITH HAROLD MCCORMICK AND JEANETTE MCCORMICK FOR PROPERTY ON EAST CEMETERY ROAD WHEREAS, A property purchase agreement has been submitted by Harold McCormick and Jeanette McCormick; and WHEREAS, Hall and Hall Engineers, Inc. has recommended acceptance by the City of Fairfax of said purchase agreement. BE IT RESOLVED, By the City Council of the City of Fairfax, Iowa, that the property purchase agreement submitted by Harold McCormick and Jeanette McCormick be and the same is hereby approved. NOW, THEREFORE, BE IT RESOLVED, By the City Council of the City of Fairfax, Iowa, that the Mayor and City Clerk are hereby authorized and directed to execute said Resolution. Passed and approved this 27th day of January, 2009. AYES: Beer, Frieden, Magers, Rabe NAYS:None ABSENT: Wainwright Bill Voss, Mayor ATTEST: f Doc ID: 014011240004 Tvpe: GEN 3 Recorded: 03/02/2009 at 01:57:05 PM ickie mdl, City Clerk Revenue Tax: s0.32.66 0Oge 1 of a Instr## 200900047990 Linn county Iowa JOAN MCCALMANT RECORDER BK7205 PG99-102 r3trl��- . Jolt d PC �r � ,k ���.0 r r Purchase Agreement For and in Consideration of One ($1.00) in hand paid, receipt of which is herby acknowledged, Harold Ray McCormick and Jeanette Marie McCormick, husband and wife, Owners (hereinafter referred to as GRANTOR) of the following described property: All that part of Lot 1 Irregular Survey SE 114 SW 114 north of the Railroad and the NE 114 SW 114 and Lot 2 Irregular Survey SE 114 SW 114 except the Railroad, all in Section 10-82-8, except that part of Lots 1 and 2, Irregular Survey S 112 SW 114 Section 10-82-8 in Linn County, Iowa, subject to all easements and restrictions of record and to all highways. Hereby agrees to sell to the CITY of Fairfax, Iowa (hereinafter referred to as CITY) a portion of the above described property for the sole purpose of construction, maintenance and use of a storm water drainage way, more particularly described as follows: See attached Plat Exhibit Upon the following conditions to-wit: 1. The area disturbed by the project will be graded, shaped and seeded upon completion of the project by the CITY. 2. As compensation for the property, the CITY will commit to paying the GRANTOR $10,000.00 per acre of land for the purchase of 1.83 acres, for a total of$18,300.00. As compensation for the temporary construction easement, the CITY will commit to paying the GRANTOR $5,000.00 per acre of land for the temporay use of 0.61 acre for the purpose of constructing the drainage swale, for a total of$3,050.00. 3. The GRANTOR shall have five-years from the date of said settlement to renegotiate construction or maintenance damages not apparent at the time of the signing of this contract as required by Section 6B.52 of the Code of Iowa 4. The GRANTOR grants and warrants that there is no known burial site(s). well(s), solid waste disposal site(s), hazardous substance(s), nor underground storage tank(s) on the premises described and sought'herein. 5. This Purchase Agreement shall be contingent on GRANTOR obtaining a partial release of any real estate mortgage lien that is currently encumbering the property. It is the CITY'S intent to acquire the property free and clear of all liens. 6. This Purchase Agreement is a binding and legally enforceable agreement and the terms set forth in this Purchase Agreement executed by GRANTOR and the CITY. Upon execution of this Purchase Agreement, the CITY'S attorney shall prepare the acquisition plat for the right-of-way and record at Lina County. 7. The GRANTOR will not be assessed by CITY for improvements associated with this project. Words and phrases herein shall be construed as in the singular or plural number, and as masculine, feminine or neuter gender, according to the content. Si nedthis 6� g day of :J�P?q4r4 —, 2089 GRANTOR: Harold Ray McCormick Jeanette Marie McCormick rr Recommended for Approval CITY OF FAIRFAX, IOWA Richard C. an om, P.E. Bill Voss City Engineer Mayor ATTEST: LL City Clerk