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HomeMy Public PortalAboutORD13770 BILL NO. SPONSORED BY COUNCILMAN WEBER ORDINANCE AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI, AUTHORIZING THE TRANSFER OF CERTAIN REAL PROPERTY TO SCHOLASTIC, INC,, PURSUANT TO THE TERMS OF THE PREVIOUS LEASE, WHEREAS, On April 1 , 1983 the City of Jefferson and Scholastic Inc., entered into a lease agreement whereby Scholastic agreed to make lease payments equal to the bond payments made by the City for certain property; and, WHEREAS, pursuant to Such lease, Scholastic Inc., was given the option to purchase the property for the amount outstanding on the bonds plus One Hundred and no/100 Dollars ($100,00); and, WHEREAS, the bonds have been paid off and there is no amount currently outstanding; and, WHEREAS, Scholastic Inc., requested to purchase the property and has tendered the amount of One Hundred and no/100 Dollars ($100.00); NOW THEREFORE, BE IT ENACTED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI, AS FOLLOWS: Section 1. The Mayor and the Clerk of the City are hereby authorized to execute all necessary instruments required to convey to Scholastic Inc., the following described real estate: All of the following described real estate situated in the County of Colo-, State of Missouri: Tract 1: A part of the Northeast Quarter of the SOLJllle;.ISt Quarter and apart Of the SOUVIONISt Quarter, of the Southeast Quarter of Section 22, and a part of Private Survey No. 2680, all in Township 44 North, Range 11 West, Cole County, Missouri, and being more particularly described as follows: From the Southeast corner of the Southeast Quarter of the Northeast Quarter of said Section 22; thence S 83" 16'42"W, along tile Quarter Section Line,793.61 foot to the Westerly Line of McCarty Street and to the point of beginning for this description; thence continuing S 83" 16'42"W,along Quarter Section Line, 574,65 feet to the Northwest Corner of the Northeast Quarter of the Southeast Quarter of Section 22; thence S 05" 00' 00" E, along said Quarter Quarter Section Line, 1562.43 feet to the Southwest corner of a tract of land as conveyed to Joseph W. and Amoratte M. Trigg by deed of record in Book 137, Page 174, Cole County 10 Recorder's Office; thence N 83" 12' 22" E, along tf•ie South Line of said TRIGG Tract, 1468.99 feet to a point on the Westerly Line of McCarty Street; thence in a northerly direction, along the Westerly Line of said McCarty Street on the following courses and distances; northerly on a curve to the right, having a radius of 1482,70 feet, a distance of 331.07 feet; thence N 68" 47' 54" E,10.0 feet: thence N 21" 12' 06" W, 430,70 loot; thence northerly on a curve to the left, heaving a radius of 1106.31 feet, a distance of 163.49 feet; thence S 60" •19' 52" W, 5.0 feet; thence northerly on a curve to the left, having a radius of 1101,31 feel, a distance of 96.07 foot; thence N 55" 19' 58" E, 5.0 feet; thence northerly on A curve to the left, having a radius of 1106,31 feet, a distance of 357.88 feet; thence N 53" 12' 06" W, 444.46 feet to the point of beginning. Containing 40.87 acres. Tract 2: A part of the Southeast Quarter of the Northeast Quarter of Section 22, Township 44 North, Range 11 West, in the City of Jefferson. County of Cole, Missouri, grid being more particularly described as follows: From the Southeast corner of the Southeast Quarter of the Northeast Quarter of said Section 22; thence S 83" 16' 42" W, along the Quarter Section line. 793.61 feet to a point on the westerly line of McCarty Street and the point of beginning for this description; thence continuing S 83" 16' 42" W, along the Quarter Section Line, 567.13 feet to a point on the Easterly line of City View Drive;thence N 27"56'36"E,along said Easterly Line, 198.68 feet; thence Northerly along said Easterly Line, on a curve to the left, having a radius of 659.94 feet,a distance of 184.12 feet;thence N 85"30" 31" E,along said Easterly Line, 117.05 feet to the Westerly Line of McCarty Street; thence S 36 42' 06" E, along said Westerly Line, 34.54 feet; thence Southerly along said Westerly Line, on a curve to the left, having a radius of 1186.26 feet, a distance of 341.62 feel; thence S 53" 12'06" E, along said Westerly Line, 37.04 feet to the point of beginning. Containing 2.37 acres. Section 2. This Ordinance shall be in full force and effect from and after the date of its passage and approval. Passed: `l ill.�t Approved: Presiding Officer Mayor ATTEST: APPROVED AS TO FORM. City Clerk City Counselor _