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HomeMy WebLinkAboutCityMgrForm.833.09-19-1973 rf � � CITY MANAGER FORM ORDINANCE NO. $� �j AN ORDINANCE APPROVING THE FORM OF A CONTRACT BETWEEN MRS . A. L. FUERTH AND THE CITY OF CAPE GIRARDEAU, WITH AUTHORITY FOR THE MAYOR TO EXECUTE, AND AUTHORIZING THE PAYMEIVT OF A SUM OF MONEY FOR REAL ESTATE WHEREAS, Mrs. A. L. Fuerth is the owner of certain real estate in the City of Cape Girardeau; and, WHEREA5, the City desires to purchase said real estate for purposes of constructing a new police station facility; and, WHEREA5, Mrs . Fuerth and the City propose to enter into a Contract containing provisions for the purchase of said real estate; NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAPE GIRARDEAU, MI5SOURI, AS FOLLOWSs 5ECTION l. The City of Cape Girardeau, Missouri, proposes to purchase certain real estate owned by Mrs . A. L. Fuerth, said real estate being described as follows; All of Lots 29 and 30 in Range "B" of the City of Cape Girardeau, Missouri. SECTION 2. That the Contract For Sale of Real Estate between the City of Cape Girardeau and Mrs . A. L. Fuerth, a copy of which is attached hereto marked "Exhibit A" , is approved in form. SECTION 3. That the Mayor of the City of Cape Girardeau is hereby authorized and directed to execute the Contract For Sale of Real Estate, between the City of Cape Giraxdeau, Missouri, and Mrs . A. L. Fuerth, attached hereto marked "Exhibit A" , for and on behalf of the City of Cape Girardeau. SECTION 4. Payment of the sum of Sixty-Eight Thousand Six Hundred Fifty Dollars ($68,650 . 00) is hereby authorized to be made by the City of Cape Girardeau, Missouri , to Mrs , A. L. Fuerth, for the parcel of ground described in Section 1 of this ordinance, in accordance with the provisions of the Contract For Sale of Real Estate, attached hereto marked "�xhibit A" . - �, V��" ��,��'��� G��' SECTION 5. This ordinance shall be in full force and effect ten days after its passage and approval. PASSED AND APPROVED THIS �9� DAY OF , 1973. ✓�-�� �, J MAYOR ATTEST: � ,f'� ^ CITY CLE -2- < - • CONTRACT FOR'. SALE OF REAL ESTATE � This Contract, made" and entered into this ��( day of , 1973, by and between r��`s. A. L. Fuerth, Cape Girardeau, Missouri, hereinafter referred to as "Seller" , and the City of Cape Girardeau, a municipal corporation, herein�fter referred to as "Buyer" ; , 6�ITNE5SETH: l . That th� Seller agrees to sell and the Buyer agrees to buy upon the following terms``and conditions the follqwing described real est�ate situated in the City of Cape Girardeau, County of Cape Girardeau, St�.te of Missduri , to-wit: All of Lots 29 and 30 in Range "B" of the City of Cape Girardeau, Missouri 2. The Purchase price is Sixty-Eight Thousand Six Hundred Fifty Dollars ($68 ,650 .00 ) , payable in cash on the date of delivery of the deed. 3. Merchantable title of record and in fact shall be conveyed by Warranty Deed free and clear of all encumbrances except ! as herein provided. Se11er agrees to give notices to vacate to ` al1 tenants, presently having possession of any �ortion of the above desCribed premises and to deliver the premises to the buyer unencumhered by any tenanCies of any kind. It is unc�erstooc� by the parties hereto that this Contract may be closed prior to the vacation of all premises by the present tenants thereof but that the Seller sha11 remain responsible fo� the vacation of the premises as soon as legally possible, including the employment and payment of legal counsel as may be necessary to obtain possession of said premises . 4. Seller shall within fifteen (15) days hereof deliver to the Buyer an abstract of: .title to the premises , prepared and _ r, � certified to date by a competent abstracter and showing merchantable title of record in the Se1]:�r. The Buyer shall have fifteen (15) days from the receipt of the abstract to deliver to the Seller - in writing any objeCtions to title , and any objections to defe cts appearing in the abs�ract not so made, except liens of record, 'sha11 be deemed waived. Any defects in title shall be corrected by the � `� �E�NIBIT ��A„ __ . � , Seller within thirty (30) days from reCeipt of notice of such defects, provided that if such defects Cannot be Corrected within said time, then this contract shall be void and the abstract shall be returned to the Seller. 5 . Taxes for the year 1973 shall be prorated between the parties as of the date of c�elivery of the deed. Any special assessments becoming a lien after the date hereof shall be paid by the Buyer. . � 6. This transaction shall be closed on the 20th day of September, 1973, at the office of Deevers Rea1 Estate & Insurance, 440 Broadway, Cape Girardeau, Missouri , at whiCh time all money and papers shall be delivered and transf_erred and ak�solute possession of the property shall be delivered to the Buyer subject to the provision for the termination of any present leasehold interests as hereinbefore set out, except•<that if the closing should be delayed by reason of the provisions `'of Section 4; then this contract shall be closed at the earliest possible date after the provisions of Section 4 have been compl.ied with. 7. In the event of any loss or damage to said premises between th� date of.,,this contract and the delivery of the deed, tlie Seller shall receive all insurance payable for the same. This contract shall be binding upon the heirs , administrators , successors and assigns of the parties hereto . IN TaITNE55 �aHEREOF, the parties hereto have subscribed their names in duplicate the day and year first above written. Seller CITY OF CAPE GIRARDEAU, MISSOURI By Buyer 1 ATTEST: City Clerk , �::9:�:;; �:i,, -2-