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HomeMy Public PortalAboutORD12981 r,���q•.to _:. � i � '� r { :,r. 1 i y .n•.4 y., .'�l' 3 iii. t� 'w .1'tl'��rd .tN` ,o. ..,y.: r,�, � S���.' d��t�r"�•1�,'(�r r }• sj�p tc >jjY.� fytti i`� . :cq�i, ,� r �.€y t.A,a�.,;{,�iZ .4) it 7 rid t�trr i't 3 c t�,{ '`4r5.�rw qa•.�>r .��; 5 S u_ ityyr. ,5.�, ffii'tfll„f.CAP'+,•'444r sty�.+;g,'jf;t?''q'�F{1;F,,�y,�, ; �sl` >t��R2 ?nn{n�sa3ri}'�; kyia �yl i sr,'4�'..dt' .6+z���` ion�a a�rr1'fi 3�t'�or'Y s {r s �v f tt: s:a {.� z.�, ' t,�`'F� jr .ea�� ') a��ei���'} ��`'`•` Y n ,.t J•,s•�t, � r�y�.y;r 3 t i �r i + 'J, i J 'J.j i a{ Jr�,�t 4'Y�` �$ �,` 1 J". rig E4 is�' �;,t ehr j: T �•'+t�'y`t, � +�'��rT�y4�'f t,1 :j,tr�S. ni^;rir,nt�'4.}1d�at7 :911 fi'45.�.piX Vii,, ., i i �. • H 4' BILL NO. ' =c.�i.k :x i• ' ;ty.� .,. y1 SPONSORED BY COUNCILMEN Nilges and Weber r'ts ORDINANCE NO.�_ 4 AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AGREEMENT WITH UNION PLANTERS , � BANK FOR PURCHASE OF CERTAIN REAL ESTATE. i ` BE IT ENACTED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI, AS r,F FOLLOWS: . section 1. The Mayor and City Clerk are hereby authorized and directed to execute ri'A ' an agreement with Union Planters Bank for Purchase of Certain Real Estate. p.. 3 The agreement shall substantially in form and content as ll be the same Section 2. g 4f` ` x... n '! that agreement attached hereto as Exhibit A. k Section 3. This Ordinance shall be in full force and effect from and after the date of its passage and approval , Approved: Passed: r:r mayor Presiding Officer APPROVED AS TO FORM: L ATTEST: qti ;t` elor k; City Couns ity Clerk k° 1�r J r ;1 G v tk°� � r �i• � st Via'• >;'�tfs�0�."1'�'� 4���� �hhss{'}}>• A' �r t `'� _t• • t 2 r? cr f a(t \;Y,. - A��t�r�': 1'. ,'? r� �I. .try iC at�r�ydP �,� �.tK�j fry ir:., :t ' Y,{ MS .td 1•.t,�y. UN a.i r. ✓��; i�y•tt. 'f �„,a"l:v. j,r x'`�i rya,. iZ ,1 °r;,+s�s�',t Ot tt 71. Y.tC: � .�M`yt � ��r. P .,�,.e.,7r � ?N r + #i 3..• ?s 1 yt;y. .r ,t •i= t,:, 4� 't 'Sn :.,y 7!''Q f., ftr�.�' .kr,t. r �i r Y •,�. S '„7,.. r:f•ii.r :i a y'�y`[ry1 y�yY�t�{i ,+ '� t.Y. z' .f ..1,?:1. 'J r ...y t"+,;. .r .11r:#'.•r,•t,rl` •rr•+t. t.i,t,::=: ittr:., ir` 1ir Y'.' $ ?4kib'S�.y::NL''rG'Yd`. �' EW i 7 y.+ 5 Yi fi4 t .�.�`cr. , .• , ':, .. ,� :i. Sa � .y 5 }��'r&r{#n'`Y��r .(74 (, ..,�1] . l F 1 71gi( (. , .f'l ,. 1 t ZY'tiii,�4'•,'.. } t ���tr�' '.,Wad...: •�t�,,�f'-. s. � ; t.'• J �i 4 T •t;, r , ,,.nt,y r r r ''7; *t+;l ,ih` r ',r;'•s 1a '�i ci,. "�� `+< 'i rn ,y tx.: �,i,: 4l• i ''� , )' II'' _C( 4 n%fkF.+y,,((ri 'Y, l!+�,�+y,,} 173fy t� {{1,'j[���C !F rr }.ut 'f, :,A � 4.�'r .:I ,rA, <�i.) :rl � ,�Y�: �F`�..,.Y}tf"'1R l:;l,�� j"l�.�;�4':ti[�'i�1'i mrF,l•"V�f � .{•Y ,� ',Sf• � "h.� Ij., .:.(.r.. •L;;. r, .,a�' ss+' ti `cr. ,;i.�,�S..i„ �;. i,S. .3t:`, , :`t',�,.,.,,,,t�,',r.1 t M:�"•7,i'�.,i.•,..�•v} ;' 'i��a � .� 4.,:"�uit�'����', yit'� y: � r: Y,• i+ A. j y f� �+,�h�f�i+"ii't �' �,a•,���r��yt,,�� s.. r F ,r °,47>- .. ...,, .} { ,.{Y;� .;'��. ' .?,_ C •,. �-,{Y „c�,�., d���.., dic r+' 1'�i .�. r �?A�,pgG }%�K,"P'�4�(µQ",'f /(%' ..S,:rCti:4�'la 7/`� �(�;^1fi::'.. ,. '�'. j'•;'l�: *i7: ,h'r ei'..+',',�, n -r,. =r..gf14,tln. .i�. t, 1 ftr�",� V f fir. OFFER TO BUY REAL ESTATE AND ACCEPTANCE TO: Capital Savings and Loan Association N/K/A Union Planters Bank,herein designated as the"Seller." The Cit of Jefferson,a munici al co oration of the State of Missouri hereinafter referred to as the"Ci acting pursuant to its municipal powers, does hereby offer to enter into an Agreement with the Seller to buy ,;�; � t`'; all the Seller's rights,title and interest in the following described real estate located in Cole County,Missouri, more fully described as follows: 35 41 42 83 84 85 AND 86, LOTS NOS. 3,4,S,6, 32, 33, 34, NEUTZLER'S EARLY AMERICAN SUBDIVISION, SECTION 1, IN THE CITY OF JEFFERSON, MISSOURI, PER PLAT OF RECORD IN PLAT `'``''"'1``"` BOOK 10, PAGE 40,COLE COUNTY RECORDER'S OFFICE. EXCEPT THAT PART OF LOT NO.33,CONVEYED TO GARY W. MAIENSCHEIN AND WIFE, BY DEED OF z ' k RECORD IN BOOK 28 1, PAGE 981,COLE COUNTY RECORDER'S OFFICE. EXCEPT THAT PART OF LOT NO.32,CONVEYED TO JAMES MICHAEL HAYS AND WIFE BY DEED OF ., RECORD IN BOOK 319, PAGE 898,COLE COUNTY RECORDER'S OFFICE. ,J,�tklYk� {y ALSO,THAT PART OF BUNKER HILL ROAD, AS VACATED BY CITY OF JEFFERSON ORDINANCE NO. 10228 IN BOOK 281 PAGE 452 ADJACENT TO LOTS NOS.32 AND 34 AND THE SOUTH HALF OF LOT 33 a OF NEUTLLER'S EARLY AMERICAN SUBDIVISION,SECTION I, IN PLAT BOOK 20,PAGE 40,COLE COUNTY RECORDERS OFFICE,BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTH LINE OF PLYMOUTH ROCK DRIVE WITH THE EAST LINE OF BUNKER HILL ROAD SAID INTERSECTION ALSO BEING THE SOUTHWEST CORNER OF LOT NO. 32 OF NEUTZLER'S EARLY AMERICAN SUBDIVISION, SECTION 1,A SUBDIVISION OF PART OF THE NORTHWEST QUARTER OF SECTION 23,'('OWNSI-[IP 44 NORTH, RANGE 12 WEST, IN THE COUNTY OF COLE,CITY OF JEFFERSON, MISSOURI, AS PER PLAT OF RECORD IN PLAT BOOK 10, PAGE 40 OF THE COLE COUNTY RECORDERS OFFICE THENCE NORTH 04 DEGREES 28 MINUTES 13 SECONDS WEST ALONG THE WEST LINE OF SAID LOT NO.32,THE EAST LINE OF THE SAID VACATED �3°f'�' ''t ,. RIGHT-OF-WAY OF BUNKER HILL ROAD, 155.00 FEET TO THE NORTHWEST CORNER OF SAID LOT NO. 32;THENCE SOUTH 85 DEGREES 31 MINUTES 47 SECONDS WEST 60.00 FEET TO A POINT ON THE WEST LINE OF SAID VACATED RIGHT-OF-WAY OF BUNKER HILL ROAD;THENCE SOUTH 04 DEGREES , ^4 28 MINUTES 13 SECONDS EAST ALONG SAID WEST LINE, SAID WEST LINE ALSO BEING THE EAST sr:e;•s:v;v•:..r7 LINE OF LOTS NOS.33 AND 34 OF SAID NEUTZLER'S EARLY AMERICAN SUBDIVISION, SECTION 1" 155.00 FEET TO THE SOUTHEAST CORNER OF SAID LOT NO. 34, SAID CORNER ALSO BEING THE 'Ff� „',:..� INTERSECTION OF THE WEST LINE OF SAID BUNKER HILL ROAD WITH THE NORTH LINE OF SAID yis•t•r . ', ',• PLYMOUTH ROCK DRIVE;THENCE NORTH 85 DEGREES 31 MINUTES 47 SECONDS EAST,60.00 FEET ;, r''!F'•r r ;,:;, ?� TO THE POINT OF BEGINNING, ALSO, LOTS B AND C,CAPITAL HILLS SUBDIVISION -SECTION 3, IN THE CITY OF JEFFERSON,PER ,y ;'1' `a:; PLAT OF RECORD IN PLAT BOOK 12, PAGE 18,COLE COUNTY RECORDER'S OFFICE tki;� •�rim';; ,i far Yl � V;cyi,:n,',,},,•. a subject, however, to prior approval of the City Council, to any covenants, restrictions, easements or 1. •f,. ,, t reservations of record, or servitudes for the benefit of the Seller, and to any zoning and building laws, >t ,• r regulations or ordinances affecting said property; but free and clear of all other liens, encumbrances, ,'• .h ;r,.i reservations, exceptions and modifications. The entirety of the above described interests being conveyed t;. shall hereinafter be referred to as the "Property." }`£ In consideration of the covenants and obligations herein, the parties agree as follows: r f. :?,yt, 11W.rnr,•ke.11aF.+rlM.whwh'�rwln Mrd Ltw M,Ar.ry y, •,'� f r4.t.cI71 a, x4 j �`+I7`, ��4f.;✓f�f��.r,,o r9; r�t7'':.'y:y,. ,t:rr �t. .�rz'`, .•l}.j ? 'L 'S ?`' a' .•.f•Ytt•r �•� .,. ..,., ,i t y::1' ''' 'rf.e., it �: �yfi (y, r.>y.. v .ir.t ,;'�T ..t;. � {z .tl,> .r, .i•>•'P 'T:. '•f",Iti. :d•,i,•k.;,�'. ;;',.;s y. � x.t { .i+k �. 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B d%i": 5-, t f7f><. +y< d}+p std r ,. }Y r;. 4 ti:d; t `� �'}t r '�^';,s�S-sr�St`��1;�:�^ ;t%' '•:41 y<iry:: .ih7ht�T(p,Gxi`( ii ;<;`E r ?��'�'�t.. :..s.�,u:�.f�}.I':rr�t } �'+` �.,? nr ','b• 4 r•a+`d^ � lS, i n' r,r„ G'r.,. ,i, � ,:tre�'�'Fr, i 5{.• , '1�Y� �Jt*''s,l`5o' .si.l' ¢' '+ .{' {-'•>`i,�.v`r`h`.�+k�/jY$'��'it f3'.y�,JF'�tj{'•,'�ig�k;ix;•;; •�;`•.i'14,+',{�`. 'X ! t ,s�3 ��• 'i +�` `•r cTn�,;;to 9��y�, '�j('p�{✓ yy�,�St�iC""+�'N tN��. �'<'�� � 1'�u�k1'.w.t t� ,r� ?I. >l ..41 t' ; ,, c�i•. t .fS+:,'�°tt i'`t, �����"�fl�€q•e'�.�'*F 2Y5 Q•.fi'1-1 s,Y„ .. k .! � �'+�'�•; ,�+ '� S e� ' fri'�� 'ISM.�•,:. A,da>�t7,`?T:t, kf,\t!£.<4rsd'}+. ra ..,x Fr.. u !, '! + + : ?.L'::t'ti5 .. ,. r,i 7 t �:+` b - .'.l /..S r t r t4.l,+.. ..� ,.+t},:.., .w`l7.,� tea. L. a}p� I. Purchase Price. The City offers to purchase all the Sellers right title and interest in the Property for the total l+tt`k • + 1 •yt•`''1:`�''{;ty t�:tt, purchase price of'Thirty-Nine Thousand Dollars ($39,000,00), the receipt of which by seller is acknowled g ed and the balance to be able on such date as the parties may mutually agree (the �;•:•a,�t..+ "Closing Date"). ":': y¢ 2. Marketability of Title. strati It is understood and agreed that the Property shall be conveyed with good clear,marketable title as set forth in Title Standard 4 of the Missouri Bar Association, subject to the following exceptions hereinafter the Permitted Exceptions"): 1 prior approval of the City Council; 2 an VV covenants, restrictions, reservations, and easements of record; and 3 all applicable zoning and '.�,., building laws regulations and ordinances. It is also understood and agreed that any other '''';',,�� •' ' encumbrance or defect in the title which is within the scope of any of the Title Standards of the .;+; Missouri Bar shall not constitute a valid objection on the part of the City, provided the Seller :` r� furnishes the affidavits or other title papers, if any, described in the applicable standard. 3. Deed. r5 {ttt :.,.:. ,ahtl 5..1✓';f/y��,��x'X girS--jr'`i5'.C:}' On or before the Closing Date, the Seller shall have completed its obligations under paragraph 4, � and the Seller shall execute and deliver to the City the General Warranty Deed for the Property, in recordable form (i.e., signed and acknowledged),conveying fee simple title to the Properly to the t.:�,'�°•,�7 � 5 City, subject only to the Permitted Exceptions. t:+ 4. Evidence of Title. ts�7•> t ', Prior to the Closing Date, the Seller shall provide evidence of good and marketable title to the , '�.ikIf:, Property. Such evidence shall be provided through either of the following methods: A. ,abstract of Title. ,1 1 5 7 X1:1 .f.s The Seller shall promptly deliver to the City an abstract of title to said Property certified to date by a M;fr . , y , 'u competent abstractor showing title marketable in fact vested in the Seller and taxes, assessments, 'L .t IeC�aTr7'J'' 'T k' judgments and mechanics' liens affecting said Property, subject, however, to the Permitted w• ;„" '' s Q', Exceptions. `.; Exceptions. If examination of said abstract reveals defective title, the City shall specify the objections in writing and deliver the same to the Seller. The Seller shall then have any such defects corrected within sixty (60) days from the date of delivery oi such written objections. If any of said ,�t }-y defects so noted are not corrected within sixt 60 days after delivery of such objections then the Y p Y p ' ,, Agreement shall be null and void, in which case an art of the Purchase Price already aid shall be �% - •. t. ,�; ►; returned to the City and the abstract returned to the Seller. Any defects appearing in the abstract and not objected to, except liens of record which can be removed as of course by the payment of - 3 •z„?i ` money, shall be deemed waived but only insofar as correction of the abstract is concerned. The < , property h' P }'F` abstract shall become the of the City when the Purchase Price is aid in full OR �� •4(}.K 4.. •:�.': :l:i:�t�j�C.y r'”`4}"t��,i'YG't+,tr.1�S::.y}t�;•r`�'."t,`�. �R+,iFSi.^i:''?j'�a •t i'i rr;4 { " ,�' >'�(} .7• `�.':r ir,,,,.1}:t.n3;•.} S•`is �-��: !t .� .1' 4 5'• i. �r„ � '1 ry"i'n�F'?�¢}e, k ;�f"'.;�+i 1Fig ,r 1;,�'w•i yr =,». .-is.',�l.x'�'� f',.I�`:•`r'{, ttX:: ✓; i, .; a r��:�r,. 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";s'`.,,•,r.,.'.i, .n.:�� ,:+ t. ..v �. 4'"' t r;l t ., 4:r+/t.f.,}�4 •'' rtt f n s. t ,,6,�+is:'•r.. .,i^1 r.' it u`,;n� YM fi1N B. 'Title Insurance. �`xr' ,Gs3 `;. In lieu of the Seller furnishing such abstract of title for examination, the Seller shall promptly } deliver to the City a commitment to issue an owner's policy of title insurance. Any commitment made hereunder shall be in an amount approved by the City, naming the City as the insured and Itsr, 'te.,;ia issued by a title insurance company licensed to write title insurance in Missouri. Said policy shall insure the owner's title to be marketable in fact, subject to the Permitted Exceptions; and shall *;tz provide that the policy be issued immediately after the Sellers General Warranty Deed is placed of record. C. Cast. a The cost of the abstract or title insurance shall be borne by City. r. 5. Possession. ' The City shall be entitled to possession of the Property on or before October 15, 1999. Failure of =? Efr:x?,':`•' Seller to deliver possession to the City, free from the interest of any tenant or other parties, on the date set out in this paragraph, shall constitute a breach of this Agreement. 6. Inspection of the Property ,: f� The City, at its expense, shall have the right to conduct such investigations, inspections and i inventories of the Property as it deems reasonable or necessary prior to the Closing Date. The Seller hereby g rants the City, its officers agents, employees and independent contractors the right to enter � • : a :''° r;. Styx , upon the Property at reasonable times upon reasonable notice, oral or written, from time to time after the date of this Offer for the purposes of investigating, inspecting and performing inventories sl Property of the quid for other purposes consistent with City's interest under this Offer. The making � ' p � g of such investigations, inspections and inventories by the City, regardless of the outcome thereof, shall not affect the Seller's representations or warranties set forth in paragraph 20. fr`' ''" 7. Removal of Personal Property ;, ii'a�jr.J 4;'•Try• '. 4 Prior to the Possession Date, the Seller, shall remove all personal property and equipment Seller a desires to keep from the Property prior to the Possession Date. `A 8. No Holdover Period For Occupants. , 4 The Seller shall ensure that they and all other current occupants vacate the Property prior to the ` Closing Date except as herein may be provided. 9. Application of Purchase Price Deductions. Prior to disbursing payment to the Seller, the City may use a portion of the Purchase Price to satisfy5 the Seller's obligations under this document to pay taxes, assessments, liens, acquisition of other ...1. parties outstanding interests in the Property, abstracting, recording fees and other costs incidental to the conveyance by the Seller of merchantable title and exclusive possession to the City. If the q �,,;,. : II:V4,n+r,"Mk.IFkW,F'..r.FIw.I.•1i.wM.t.il l.ru Fv,Aw wlJ � .] , } �:�F�Em�'j.} a� 4' t. ^t Xi y{ } .:Y;:. ,r�. 'r' } I.r, .,,:., ?•,n l' L,f�"-%vXi<,,{ fYt.. ,r n F: ..�'4,; .,.�;'t� � ,•�t. .'�:r�,:.f, Y s;}.. :a::Il, rx tt :Jr r i:?�„r'''ti•:��r' �t'l;•;t� ,",st :i1' v o " t y,; }t,{ iy5s.:.s. v`,i)� ",, ,�•`!>>: tt"}s`' .l.i+,... r.r..S,'h 1 .ai� (al `q'. .i„r.SS e Y v, �,'�Y%i'V ti�z. ,.et�;e3 S{,., � :iS,.+”.-1'.tne,r ���( ..i'•av :t�..,:r.�''� '.!r'. t ivi•��,i?�t, y,,,�;.�`t(;iu. ,r�':r '�.�.Snt� �` �� �:". ...�' ,{3 � Al ,..4, 4,r 4. 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'.11.5''.�� a.,. .��rn7'Jf-.a � } l� ffy,{,��.E. � •{{1�i; l�t <1.4:..f.. �,b .,N'v ir,';�i 1 {{ .'1,�:{r,t' ,;s t, Y�.' , +:, ,?; 1".:1s `,,ht. !( +k. .,a.> J.fi: l.� >!Td'•d7, �i�`t, i��� 'K' 1:'r.,{aY.��, �p' „r /."irn- :A .�,r.:'fn's :'; ,::t,. „r4 i r�.%'r�, !:. `..(^.• 1., 'aj; .},. ,:. Y:•r :i,;-1,r ;'lq. wi+•�, „t. •t � .1 .[ ;..'fJ� •t rs:,. , �)�.'� 'J.p,:��, �'! ,fir. Sir. .l,t r, .r,. ,:t 't�. ,,r Se }i.., � 1'� H,•-.,.= ',ir,: i.�4'}"k. .;l,,>1:Ci�.,�n•ry;a.� -,�k$^, � Yi!,�. t =�,• 1 1'tt' ,�:�, !?t� Ir3�' r}��,�'�'S 1 X r .i ; r yc t 7F• ,4JYy}^,� 1t 1:., " .... .�i ' J 'tt+' :�.r'r f�� �t�iY1 ';t''?., ,Z r N. ., s:>"r t:.�`�;1 •,i�,. 5��itt ,.i.rr.��'2;4) � �3,�."5��'rr t x9 t}1Ti•.� T; g4n a Ectr,t !Y k ?'f4 rt tti.,<-, .r; f1�',!i"�'-^Sk'='rfr�1 9 , .i.,.a"rF }}c.y. i13 '} e. st. ✓ t' ;',� i'r, G }�q•�t, .,;.r,p �,.y �i{t+�;a�•'1[f:•¢�(y,rS�r:,'?ut;�ttt�Y;:l try,o��.> t"t 't„ ;:.(•, .,'.. '� =:ti�{ f,. t,,.f.3, .r>ht.w�' � ,, � �,}�i �� ;:��5�tLtt^"3.rCy�. 4•`.�+',, t f' tf S •?'c ,t f Sr 'i f.5f t, .y f:.T tF>frt i•7h.�?+4,���d33N t �':• 'J � :� >4 ,fk�z,k.,�`r.ti'i��'".15�� � t,rr�t.. � .r' 4i t ,t. �; F.� 7 1�;�'.;}��.r:�'�hk'�"`5;.1tr < r •a S' 1��$rl aV ���������y`��i,�+�a `"c ^ �tS4f2 r` •t r � •�1 i � 't .t �:r t' ,fit r; k. +a ,'.'�'.d ,id':i'i+,.��i 'k�4 t A e rr R� t'..L.;ard4 .t„ry t r t + * ''t•,r r..:.J ,.{v NO” Jr �„ 'All'Rtp((. -ij ' , ' gc•:`�'f)�� f 9.�f�t�f-N+}�' Y'E{'�{E �r ✓t,�. v. .'1J 'i' i a+" r _t .t.� �., `,+x',;J.te :„ ':: ! �!°tlX ';N,.,r„ ., <,. .'r<,•.C. 'F.. ,.:5.,h ,' .lid fp1.�?'hs�F.•, !' Seller's property is subject to the right of third parties in possession on the date of closing, the Cityt4 ',u:;:; �;'"t .. � City may further withhold an amount estimated by the City to be necessary to put the City into �77� possession, or at the City's option, it may postpone closing until satisfied that Seller can transfer } � possession to the City, and may deduct damages for the delay as provided in paragraph 16. Proceeds shall be disbursed in accordance with a Settlement Statement executed by the parties, 10. Proceeds Payable to Seller. The City will deliver to Seller its check for the purchase price owing Seller, and the check shall be payable to Seller as their interests appear on the date of closing as determined by the executedi?'! ' • . Settlement Statement signed by the parties. ti,iJ lit. Jf 11. Insurance. s The Seller is responsible for maintaining liability and other insurance on the premises through the $ '. date of closing to protect their interests. The City assumes no duty to insure the property for any loss or liability. r r q•..t,'�lw.a tri•..F• f 12. Status Ouo Maintained. The Property shall be preserved in its present condition and the Seller shall deliver it intact at the time possession to the City is given. All risk of loss or damage to the Property is on the Seller until � '':;!:z,, the City takes possession. Prior to possession by the City, the Seller shall give prompt written ;1 001ill notice to the City of any loss or damage to the Property. Tn the event of loss, damage or destruction of all or art of the Property, the Cit shall have the option to terminate this Agreement effective � .::�, .� p Y P gd,J ' J:+ immediately. However, in the case of loss, damage or destruction of all or part of the Property from causes covered by insurance, the City shall have the option to either: 1 take possession of the ,°' f> :•• Property and accept an assignment of all Seller's right, title and interest in and to any claims the Seller has under the insurance policies covering the Property; or 2 tenninate this Agreement F.i 4, effective immediately. rjJi; Yti;; 13. Utilities. ibinf; s;�};; ;7 The Seller shall be responsible for payment of all utility expenses incurred.b it or incurred b an ;. p P Y Y P Y •' Y Y .xN other occupants, prior to the date of possession by the City, including, but not limited to, the sewer, n! solid waste and water charges which may be assessed for collection pursuant to Revised Statutes ofr f Missouri Sections 250.233 250.234 260.215 and 393.130. 14. 'Faxes. J� The Seller shall pay in full all federal, state, county and municipal taxes, general or special, which =r are a lien on the Property, except for taxes for the current calendar year, which shall be prorated as of the Closing Date. If the amount of taxes cannot be ascertained, proration shall be computed on the amount of general taxes on the Property for the preceding calendar year. Y; t,' .r ?J ri Rrt�ri 4 - '�tii�l' Iltitwmn,tM..11.w.'1'•r.H.r.{.•r.wWR.J I.w.I�..Mw wpJ '' ',Y Y h ;,;, r,f:. "{'.• ':t^: r:i;4;, '$yy1'3'+'i 'v';<''S»�` i..•.,• :.r �ii��rb, `tii,C,:k�rr�'* ,,a'< ';<�'`.a,:jt;}'�a f,.'.AA4'r:� v ;!i,^y:r'f,: yi+. �z, i�t i;{. `1. J 1 t}+4 .`I ?:t f "-:t. 7'm',5 ..�,r� >':s>' ,'rr 'x t• ,!j,{"'r U 5S•'t`%i .;'1 t1t/>latt', i'J,qt, t alt th. ,}' xJ•ri, ,( .f;+�! }, 7.10. ,n.. t{�'� y { li..,.,x'tf'r;4 �'r�;;':r;:l r •Jf, �i�.`�tti+�:li,�•}�,iJ't .Fw l'1�" i) fLl •i Y`S P °fb.l .i�,A( " .d.+c}:i., ,•;#r�tDsr,y d ., ''^rrif[, Y.ir' .Est S,r 7: ;tT�`Y.�a>f,:tr i 7 §t.y i+ ��.: ..i}`,'rr• ,f,,i�;.F!r,,:t•r,�• ,.§-S+� •:t,_;.� ,1. �i:L�� �{f ..�� r• .t t �..t�. ''�'.a a-n,,!tli�'r`:2 •.i. Sv:.+if.,if}�,1'�r• ..,.ir l d. trt}.. c- �,.' .i •t,, {Y ;e+le Y'^� >;14. ��b'!�'4�,b�.. t� .,1. r,,.,t F Ell 't R tt��•fir J".i?}..e.>. a v .M.r�,,.;:1:`1+�,, �.!ft.,., See,,'.t\<. t:t,o.. :fi§:1tr..e...t'7r' 4' 'd� rtt� ,,,t. ,.iTC,:.S,tf�ria§o";i"n, �'+..r.;: ct.t.'.:r1"'? ,Yt y' :•I� .>$, jf. S f t .�, f`a^ro'. n}z y t •p' S t. gf •.G•: �,>r"'( 7..::Y :.U,:d.,.,,. ;r.•, ,•;s. .ry rr ',i'te•`y,:...•.;.. � .ti, P, 1' .+5�'27�.�3�`d i Y�F rl, ,�:a..:'s ,t..:.'t,.',.'.",.',�':S1).�}',\.t •f,..r .d... :�'.' .�t :.0,. }' b.� 't.,+` Y... t4 + .:C.,:::+ r.9� t,�•}q:7.Y^TV,n �,1;. t-.f ts?'';,.i '>.•�'. {' .r c,E .b t s „±��a.,, ��'`,b�.s -t�.•,;;,4 '�' w.• ., •.k=,: ;,ifl'' "�,', .},; .!s' .i:4, t :.f. ,r'�:!.�` r .<"{- s ,'i.�''� 'E�i'�' ^�,. .x, . . .RIi..,��nf.: tjt.,w.. .,. 1r}* 'i 7�% <•}n+ft.L C';,: .'.p: ,a.. i -�r. ,t °r, h. 1.,.` 'S a '� ";}: 'r'.i.!Y� ;44i+i' ''s`:rd a..t,.";};� ^.p'r. ..t ...t. �S#'' .� i•.. � ,�c-G,.^,;.o. .f.,�l,>, i ,.t,,:b.�•• ,:�a'. 1' �"sr^.'eti, J. '(4<° ,,j,'a�3',1�'ft ,;4tt'.;,'el'ttr,r, 4Y','� ,k1, .1.� �. ,,}i�ti'st` t, �i..,E,.a':':°' !''}':'r;Ri':'a"s":!.".;t..,,i ti �iVr: :,.r .�. �,f„r r .,, ..1•, ,.sJ,:,. a. tt� :.tSs'. ':+ '.�4•r'•,�d.r °�IS:: i. ,v S',. 92n�'�gi^r,,t�t'�,��r: .=.Y�f..R�: ,9.'} ,,': ,,...' .'it .!t. i f ).'r r ° , r .. �,+f• t + f +fir'.,Y�r�}r'. : t 3, ^ lrT� n ' tAM. .. 104 4:. ,kr ..1.,�ttyE��� 3rp.,a.1...#X',.. •i k ,,,, +r .t t , YI '_ r .}{.; ✓d Y.gPafr ,�, `_}.;s ,k;'"i� �'k, �;t�5yGwr,,'.R'���.{;*t•,z�{y).��,F'�5,t$;Fx. ,5, .i�f ,f. 1 ..,'".t ,. a f+ t>d.r 'i,•Y�:a:'[1(.a�F�! y�'�`�T�t7��F a �j 9 �r S�P '?1Jy,`?j{,F•,�'F � ,q:.o.l. ,g,((;S + at; .;if�r.ldt�r,. (r,, ., c {' } '�a .}4r Zt �rY::"t is �'• rr l� �,rf.<7�t{ ey}25�•.ch�j3'r;�'��� � 4 t '�� �E} r••;7" .7�;h,�i1'i`y } '}•s 1'g' , t,C } c ,+ t ?�' � s�.;� ''n`S.t'� "�,ta.ki'ht'��»: ,' �'1 "t', f'. {I„^lfa.k S�{tl ,`'i�1. iFft ',}{t t z r 7 i .`{ �.,�:�. f,�i• 'S�`;eta�,�fs 'a 7. .y� h ,�• t .r.:: !. ,w 4 ,,I r.,,t f„M �3,d{,}�.,�,bt,,. 1` „S,i-A”fj r'• ,1,.. =J E{,y"Alm 1• 1 fX`r- ' 4 ,:{rd, G,t@ c ;iz, ''�' y. ( rw• k4 lh`'-' ` !/j:� :r•rr{'.'Y y '�,W'�d 'Cn.a tt 5,.',+, �v��ki,.WE`•' ''NdJrR�&�{4�.'a��llis'� �1.��'^�,,t}kr'�>.Y�ll�if;}.`f:�i'�7){?i�fi?F,�F.r.�.r;�l'�',�1.,I , ,. ..,Y. . .. , tt.._,.r, ..:r,,,,?d�'�r':, �.. 5;,, t�::. e:. >4�.it.,:t.;.�rr. ,n• ! G:k'r;,'s:. t'.=s. ��� `'i 'lltyrf�' r, 15. Special Assessments.'; The Seller shall pay in full all special assessments on the Property which have been certified before tit, the Closing Date. {•s ?��N '' Yt¢ St� 3 16. Time Is of the Essence. 's Time is of the essence in this Agreement. if Seller does not perform his obligations created in this ' Agreement in a timely fashion then except as provided in paragraph 4, the City reserves any other recourse or remedy against Seller that is provided by law, or the City may, at its option, deduct from ti nr3yK,x4jlix'; ' the sale proceeds as liquidated damages, the amount of One Hundred Dollars ($100.00) per day for each day that Seller's delay postpones closing. 17. Leases. The Seller represents and warrants to the City that there are no leases, tenancies or other ri hts of g t; occupancy for use for any p ortion of the Property. The foregoing representation and warranty shall ,irJ➢�,',vC�'' survive the Closing Date. The Seller shall hold harmless and indemnify e City against fi' Y from an a g an claims which may arise or be based upon an alleged leasehold interest, tenancy or other right ;,. ' of occupancy or use of any portion of the Property. ¢``' . rwrv,` 18. Approval of Court. ' t .•„t- If the Property is an asset of any estate, trust or guardianship, this document shall be subject toy:"xyfu�a . ? f-" court approval prior to payment of the Purchase Price, unless declared unnecessary Y Ys b the Cit 0 Legal Department. If court approval is necessary, the appropriate fiduciary shall promptly and :►” ° pia' ,`:; All diligently proceed to bring the matter up for a hearing to enable the issuance of such approval. ,, i :..'.� , S,rljYtiitak.Pf z.'.... 19. Environmental Matters. 'r�� ^'� v" A. Environmental]Representations and Warranties• ''4 III 11 For purposes of this Offer, the terms "hazardous waste or hazardous substance It shall include every material, waste, contaminant, chemical, toxic pollutant or other substance listed or described ` s`1�r-q;, in any of the following sources, as amended from time to time; i the Resource Conservation and Recovery Act of 1976, codified at 42 U.S.C. Sections 6901, et sea. (RCRA); (ii)the Comprehensive Environmental Response Compensation and Liability Act of 1 980 CERCLA as ,. ;r amended by the Su erfund Amendments and Reauthorization Act of 1986 (SARA), codified at 42t^,,' r U.S.C. Sections 9601, et sea.; (iii) the Federal Environmental Protection Agency Re gulations at 40 ., j.� C.F.R. Parts 122-124 and 260-265; (iv) Revised Statutes of Missouri Sections 260.350, et sea.; v `1!t! "hazardous( ) � •+{ ;tx any other federal, state or local statute or ordinance which defines "hazardous waste 11 or E' substance," or similar terms, and which could create liability in the City or the City's successors in interest; and (vi) any federal, state or local regulations, rules or orders issued or promulgated under or pursuant to an of the foregoing or otherwise b an department, agency or other administrative, P Y g g Y Y P g Y regulatory or judicial body having jurisdiction over the Property (hereinafter collectively referred to ,. as "Environmental Laws"). Without limiting the foregoing, the terms hazardous waste and 5 . `t 't+t� 11:',..rm.r,^M..Il.rw'IFI,.17.nM'.1:.u4ta XrJ l.rw llr,Ma•N l�) , ? 9 l ri, .r,: ',�.. •�:t�,�•t. F�''_ry,p .:t," `;t•<.g.I ,t t ,!, :S'"'+,,.t ..� .s. >:%a'•�+.c,s, r'k',,r ^i ,� 4 Y..(. q ',a!li yt 't.r a ',>,n.yp.1., .'.r. S. 7,r':1 r. '`� n ;t,! r:,,,,':,'-. iy':'Y .t ,, ;. cr Y,' +•,:t t:., :t. s��„ ,`y5" ,:� r �M ,:'d '.j ry Q V,,,}t.;,'r/ ':{�.14 '•;'k^ f}t,Et,:Fy .�','�" {.',1:V:P�Y.. :r f. ,,�7'r ,}.='1'r ,t,t.;�,N': :t �y�Jf.:.;�• F .1.5. ':Y, E�• ��tr4 .�r .'t .a. ;•1'' 1 tl'.Y is S. ',17,, .�,F:X 'n u. .'1. .,Y F,'' , "ra. ,l.,. ?II.i..- •q•.,,kf r :�`J "'f� ,�, t�r,��y,+. ..1.. r,;� a,< :.'(: Ab.•+'tr; ,q, , 1. ,.t.d 'r-5" t'.4<t))',1.,•,..,,r.` f'4 v<' @ ,, ;d ;�' .,•,.,' °i r � 1 1 ! 1r�r:>i..�.E.;c •:1...�', i i..s t;, .S. ;i kF. i 7 <5 n..t. ,,.ps,',�{•;-}:t. l.,:.,b',.,r4F f r�' Y`1.. a r. ;.�,}t,�,�:��!}js;r r t t•t, „t,F;, ;:,...r.,.J: ;,'{ ,.y,. x.c t;�, �,t+,�:••::r-,� :,5.;�.,. ,h,.�..3 "b. �5�. �„r,�....��.f�: ,'°: �,. �a y �IY.r+,F.ez t.T 3`S 'il^Y.t.::�`ji: ("+i,. -,U.. ':�.� .>li' �.. ,rdY�i: r��.'r.>r ,,:,, i.}i�.' F,t! t !+ { <+i,s S ':,1 5, I�,t+^4 4.tH,r....�t''*YS.,�P�' ,r;� t x.'zi�•� � t v-' w.j• 5� 1' tC:,.,�.,... ���,. '1'•a• r{:?,'i�a% '. y}r ,E<:t�fr.,f,1. 4 r'' ,u, ,i.S Iw 1„, ./ r. .�i4r � !` 7�,.'da4n `juF,.�t'z"r .r,r r 1,t{`.` .t: .c, ?„ t`.+ 1, 1 ':4t �i,, Si.:ft'•,'' :� 't:,,,., 't'•',;},, x. 'r'17`�trf,.d�k,: j_ t >`, ytg°'��t14�y4,, .,{f�r,}_.� ,r�.`r..l .:,�}< .\., :i: , ..t...,!}?;.t�.,,d }I t f.� .+y. t rt 2.. ., t l .�t•.,y�'',.;7,r: �,L,,,4;"�i"'"4;Yt F.,�'.< },�;j ��}''�',., .•!� .i,}t't' ,"11,nr. �i $ ,S. ,r�.._ntFS,,f,z,.:,, ...�Ij.}:,': .t.:. I� ,i 3, :s z '� ,. .1`� { i'. .�. .ije •...r,.t .�.!{;'1, :1.%7+�R;:hi�'>a'. sC3q�, y4��`."E-!'ti` .';�l'T n':. fa°i, r. w I... "� Y�4 •tyk.t� ,y+�' t 1 F s t aY tz yf nk ? r1k'7?,,t� .�$,} �4,'t y 5.1 r � @. >X".tS '.Xl�a!$. 7• �ri(,C ! MI4=.�4X.�i.} tk{µ'�5'. t t, F,, .,l t i I, l..il .t,<, .'7`?H,�:}°=4 'wcA rF• rl:'r �hfk�� 1` ��'r'dyi r"-,':,2t, :s.t...,,s y,l.,,.+f;,i h. �" fant. r „1 '�s rt �1 '�:cn 1.:,�(. .�t }�{•:'��; i'r�'+'3;A4 �}lyi t.S' 3t 7 n„ss,. Y.,3r•.,t'r>;?. �rrG:.� Y;1 v .'' r, i4.et 3 � ,s . , , F' a n:a,�i.cf$.,.�F•jk, � •,'s<., "r`i :z s'ii„� .',t t f �' t a t J ?h 4 t;t�, •. � y .s ,� � �z k,S}5� �i'��4' ,Y`tS=�'ii� F �YT; ;v. t;?'71;a�1,�t; .37.,s},,,k' �� x2x�4'�".'7". 'ss:'�t�`�1��1�',>•$$}?'x,yf`rY.�J},s'i.`k t'+rr*�`•Y� r 5•��'��c.w;..•,.t�i�r7' .1'�, �tt,, �$F,e�`,. '+{,. ''X"t�'• "hazardous substance" shall also include all substances or materials containing asbestos, PCBs or 't hydrocarbons. The Seller hereby represents and warrants to the City that: +�''s (1)There are no abandoned wells, agricultural drainage wells, solid waste disposal areas or ' underground storage tanks as defined in Revised Statutes of Missouri located in, on or 'T about the Property; ` ��' (2)Except to the extent flooding in 1993 or 1995, or previous years, have caused a condition to the ,} contrary, there is and has been no hazardous waste stored, generated,treated, transported, installed, dumped, handled or placed in, on or about the Property; e. ��Ft%t,art t;t*<g;ia ".i (3)At no time have any federal or state hazardous waste cleanup funds been expended with respect ,°,; ,a�;t �;t,:,,,; ` to any of the Property` Y p g g ;:,t �7 : l- (4)There has never been an solid waste disposal site or underground storage tank located in, on or f'-I about the Property, nor has there been any release from any underground storage tank on real property contiguous to the Property which has resulted in any hazardous substance corning in � 3-'�� •, •r 'i contact with the Property (5)The Seller has not received any directive, citation, notice, letter or other communication,whether written or oral, from the Environmental Protection Agency, the Missouri Department of Natural` ;�4'3 ;s. ',r`' , ¢,te✓, ' jsat,,u, :sl�. Resources, any other governmental agency with authority under any Environmental Laws, or any other person or entity regarding the release, disposal, discharge or presence of any hazardous waste ,;Rtit on the Property, or any violation of any Environmental Laws; andf"" n. t' (6)To the best of Seller's knowledge, neither the Property nor any real property contiguous to ; °uN the Property nor any predecessors in title to the Property are in violation of or subject to any existing, pending or threatened investigation or inquiry by any governmental authority or to .r,?,',° t ' any removal or remedial obligations under any Environmental Laws. yyrr��n`>2't1 d The foregoing representations and warranties and the Environmental Indemnifications set forth in { r}, n the following subparagraph B shall survive the Closing Date. In addition,the foregoing ;• � a�,S,P.; .: - representations and warranties and the indemnification provisions in this Offer shall not be affected ` �a' `-.,;.r• P <�� by any study, investigation or inspection of the Property by the City or the City s agents. B. Environmental Indemnification. �y 1 k?:'•r:' r- s The Seller agrees to indemnify and hold harmless the City from and against any and all claims, ;r demands, fines, penalties, causes of action, losses,damages, liabilities,expenses, and costs ' (including court costs and reasonable attorney's fees--which may include the value of services r i provided by the City's Legal Department--incurred by the City to enforce this provision) asserted against or incurred by the City by reason of or arising out of the breach of any representation orf, t t•'; r warranty of the Seller set forth above. . + �=S�I Am,; . 6 - JF ,ni.•+,, F—M. 44'�f ' •y l� y,3; "AM f•, :yv'`'i')'''t, "„i`.iR ! �t,.}r,C.a S 5''x t �'[ r .t :ar� e'er Lr. d..- ws..,!!"'tsq`,• .}Jt.r,)t• �.�, ••"47. 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'riz,. r iyY: < ,'} i! r.V,t,`,� �' i,'.slyj ,s 't_ 1"1"4r Iti.V�F_�.Il�'M1 CS.,,g. ..1'':f.<�',:,.5-.: 4t<s.Ya." t ,(.,�tf. t .'Y ,i,j cK-�, !3 {'.` 1, t ',b .rfr t' ,r.r,;,"r 4�"•"��,('h�.t> t,>(,71h. r•f¢.• r',�+ q,• a ti��:: r'i+i...r: !-�' `,"Y�i„ .,2 y� );�'.vi .,�..Ja'- Ir.'s.£y,. ...r:, _G. s, n. .is z,"!�} ' t�:,l. + '.s •.,v' ,.r-. R.r, ��,, �7., ,fi'. .'4� �r. v,Y,�'.' .yr r '7, �,. '(t�>;a •,�,?�,``Jai 5 r t ,�Y�i'. s ,§{;,.';:�f•,;-r.;i. .1, ,�. t'. ,..u7af si r: .t 't`i 4�., v. .v '.k r• ,t7.,r,�, +�,( }rtij 'a!m �: 51:1 t� f .a <r+ .�• c": ,:Cir,;•y,�'t-w�ts'r..J.Is!'�lt7r'.iltra.,tr l�Yf�� YcYy}'ig,r �,r s .s u , d t:±'v,R., k&y}�4,.�r,7.1'!S••vj f,.9;�":'�•,.� h t. I .at, „t„+,rltS �}':.`�'':'v, S..r;l, yy .t 1l. .� ,{ ,1. ,th a'• ,it k,a••r yy,�, 1:,.,51 P ., 4 � {' ,�'{'..i.�/ r�"��.i rt ,.,q r >*„rr '7:-',.,:�J.4'.'4�:a•, ,� 1 v t�� .,t. 1� .t t:i E71r'. ..S,.i �' J ',) r1 t. •, F` �: ,.�•'-Mri”".�..c +}.:�i.;;{<,+,Y�YYj*j'.((E,���'� r ':y}• ,,8$( �a{,if$f S?!�.'t�1P:`•.'�.j�il.. .•k.. !,• { ,•.i�.+.. ;t ,� i ',+ .^' ,yyy,y. x fT� 't! Xt7�, 7: } -yr5 o-trz •.:Y. {' i u^ti'7. r 41.Ci'+•>� {ft�,' yyF '.!,a}} }3.,, S2 !..'`} a f q. .t .'r '+ 's.,•t �, k r4 }e fiel S'nfirlfid a, 7F•+:U i�,71 7f a '7t't`i•7,(r Cliff ��t�.�a ,��'1"sJr fr' '1.,'tr r, ..s. '.r �}, .> t �,�. .x,iZ 1<}H.,TT�141c pp,t� �. r}k; v x'h'y� t. _ 11.P� }^ki'4•'js' N'14 +'',>'.`} �"Njt;t7h;(aAs.r `+;S•;,Ilrk '�i J ,f t , t 7't i f}:-,r Y. s h•:i.Kf to{:},�.'M1,'1' t,st:' X5'4..2' .fi ajr u #Tr „��f lkt f' sn�j xEtiixna. '; 1 '. �t"f,,,u�i'k'ty"vti` n 4t. ' Sz�A,y�lx...' ,t,�i .i� r }..i E S ..j .,r.c ,. r .�•h 'T 's 'sgttxs b'1.�F ,rG,• ,,r ,y} {=.,} {r•+f .� j,�s�/t i ... I t ,e.}�'r. �: .Y ,', it;{ hi Ei,rt Y 4k.1y y,''ef 't{Y,'3"y4y7; }'.w w'scv{',(yt. j ., fit`,� `4'F Z;'�'! :;;�.1q,�,ckyuPin �S 1` } .�. ' ,'� S�'i. ;�{�. �'' £tti}�r k,=}��IV ty it° s q'�'�1� '�;��t r��t•" ty. ?;'! f ,T'�F�'u�[�)k'r��"a'Ci:M.`.{'`f,t � t +� y;. r, :•r' .i i`f:, f ., 7 .w't ,Y�'d!.'fir;.,-�,.�,�y4y d� �r' + fi'�'' "xv.,2: ,-..rY'Ak,,.:,,r� k j.;� ;.^r. � .�,a j k .3 �.� t _,t , ;,. i .,. �t;r f '� +., r.�'• v;�?3,�ty,��,h �,,' i,. a*� .tnki Yt,a`�c] �{JrY�ia':4firr;t,�i;,.<tki' t}� 'f � t i," j. _ ,� t i..�,.; t r 'i.tit. 't< ,t.h } ;(..•7' 1i 7- ,'St , ;�.` �f�r�,F:-+ �:'?'�'<{'S;r{��;•t;�+�.S•?iis''rr. , .rwfm� . ? s..•Iii."7..ru �t.�,, .. }1��� fi�j .f • )}c€:fin 7•��i9�+�,:i7'��. i . C. Additional Environmental Provisions. H � �`; .4 The Seller shall not store, generate, treat, transport, install, dump, handle or place in, on or about i any portion of the Property any hazardous waste or hazardous substance. If the Seller receives any �;4 �Ytf r notice from any governmental authority or any other party regarding the release or presence of any .,. k����;?",A,...:' hazardous waste or hazardous substance on any portion of the Property, or otherwise learns of any release or presence of any hazardous waste or hazardous substance on any portion of the Property, the Seller shall immediately notify the City of such fact. In addition, the City or its agents shall have the right to enter upon the Property at any time to perform additional environmental studies. ` T � A A If at any time the City, in its sole and irrevocable discretion, determines that hazardous wastes or i hazardous substances are present on any portion of the Property, the City may immediatelyL l lY ��, ,tA�F1t,��ii•�•�,' a terminate this Offer. +; 20. Contract Binding On Successors In Interest. ,; .'. ;z ' This document shall apply to and bind the heirs, executors, administrators,partners, assigns and successors in interest of the respective parties. t %ir= 21. Intention of Use of Words and Phrases. r Words and phrases contained herein, including the acknowledgment clause, shall be construed as in ;�� ':�x, ,� ,•�,�_ ' the singular and plural number, and as masculine feminine or neuter gender, according the context. X `' , „;: ;jF•, 22. Paragraph Headings. r ., 'g '�:;k?�"rya �1��� a;�5•�`"�.::}+•; The paragraph headings contained herein are for convenience in reference and are not intended to define or limit the scope of any provision of this document. t..1a:u 23. No Brokers. •; .-0`i •444;' Each party hereto represents to the other that no real estate broker commission shall be due on the .Sl conveyance contemplated by this Offer. 24. Law of Missouri. The Offer shall be construed according to the laws of the State of Missouri. Upon acceptance of this Offer, the Seller shall comply with all local, state, and federal laws and regulations related to 'f the performance of the Agreement to the extent that the same may be applicable. `h i 25. Entire Agreement. 2`* The entire Agreement between the Seller and the City shall consist of this document. c r� �rr Y �J IIW.n,uy,MWl'nwihi•TW+n'fNruYlw A..lLb,t MLaY.rJ • ' (, `Y '° �A :Sk�I:'i:y�',tpp'w ":Viz.%�r,'!t;;,ri`��.17.)',•}.• ,�y i.�i'C: �^3:;1" .1,: .4 .r_ ) �(}i�, :{ y '.,a, T:' I i:.i YT 511171 s .'€' y.:r:�y;,{ s„ �t�T,E,.F:`ii:s: i✓i'.t s'„r't'{?`t<<:',•r't' x .,!^' :1,.. � 1 .,r .{ rr.ar-'. .2' ire 1; '1". RYn. �,l{�c.i:.r'�,:= .s .•Ss t. ,4',.K.v,,:l.�' :x,`fr ;rat,.. a. ,�,',:,".,,i.r` .{ �('n} (.,� „r,,., ,,D(i � 9, .�', .�',,, .,ys.w....Y/1t;..:;:,,,,fi,,,� .c'. ,{.,�ri„'<<'n;r::;!s'dtit',.{•: '!t �. 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In addition to the other considerations contained herein, the parties agree as follows: t:,rrrt:. A. The City agrees to extend and pay for the cost of street installation in front of lots 34, 35, 41, and 42 and honor all platted easements for purposes of future development of the subdivision. The estimated cost of street installation at $60.00 per foot x 220 feet is $13,200.00. '3 B. The City assures Union Planters Bank that any use of these lots for storm water retention will ,a k not detract from the value of adjoining lots because of desi g n usage, or aesthetic appearance. ,! C, The seller agrees to donate lots 81, 82, 83, 84, 85, and 86 to the Park Board for use as a tl neighborhood park on the following basis: Ord i ' y.Y� 1) The City will proceed with the purchase of lots identified in Sections 26(A) and 26(B) ; "v ;,'rL,t :,,"','•.`• f; above in conjunction with the conditions specified; and, �fa�� QA 'r 2) The City will contract and pay for the installation of the cul-de-sac called for on the re-plat V4r .iA T7r of lots 80, 81, and 82 (entrance to park area), and honor existing easements for purposes offr4sN ! ='z future development ol'the subdivision. The estimated cost of cul-de-sac installation is '! approximately $10,000.00 latt.x+ >` 27. Acceptance. . � '. r,t v'M7y�'r".� This Offer shall become null and void unless accepted by the Seller on or before the 1st day of �.,October, 1999. Upon acceptance b the Seller, this Offer shall become an Agreement bins u upon and accruing to the benefit of the City and the Seller, their respective heirs, executors, administrators, assigns and successors in interest, and shall be deemed to contain all the terms and fi conditions agreed upon, it being agreed that there are no outside conditions, representations, warranties or other agreements, written or oral. The City may revoke this Offer at any time prior to its acceptance. 28. Council An rp oval• r'" R IS SUBJECT TO APPROVAL BY THE CITY COUNCIL OF THE CITY OF THUS OFFER t >~ � ' , j•_ �. JEFFERSON MISSOURI AND SHALL BECOME BINIDING AND ENFORCEABLE AGAINST THE CITY ONLY AFTER APPROVAL BY THE CITY COUNCIL. 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"�,�y�'; "xK `} I' 1 The foregoing Offer is accepted this 24th day of September 1999. �r „CJrC rt:. C' {{{tf" $ arry epe s, r s ent Union Pl ers Ban o Jefferson Cit Capital Savings and Loan ssociation N/K/AyUnion Planters Bank t}' Seiler ` APPROVED AS TO FOR ` Ci Counselor . City of Jefferson, Missouri ' The f regoing Offer has been approved by City Council, City of Jefferson, Missouri, on the day of �� {,r�.�_, 1999, and is hereby accepted. � r` CITY OF JEFFERSON,MISSOURI Mayor" 'a? r a, ATTEST: 'ity Clerk " t.: 1' Oar F. r.4 t.S i, Y ` •Sity c r 'IN' L�}, i'�•�r`�'a,` � �1. -S r, �+` {' �i,�'b?irt sr g'. 1x�4l`f j5�. �,,:M y�* ;.+:Y's r� a h 'v"iY 7j 1 y� $ fP} i.SJ�rW"'��N}�r1 � 1 '•:�tl��tY`'yyyyi'�q•'*jt'�><`K,�e�y�y�'"�:; ,`A.t{Ct'rA�,�{'�};IV't i�Y� p�S ���(�t,r-r�'�q�j�1 dr��n* ol, t� 1 7y���f e v., r � v a°.. �r ,rr.r , rl5'Itr,• r� .._r, ;qqil sl•� $'r: j�. �,�..K U.kn.t��tr �h; .r t. �i' <1`K . s�',{['f�j;,r k���i'f r t, 1 't��y' •..f' .1�.,, 1�1:"�d' ,t tp 'a';,16 j .r J.,��.�#.�r n;.Ni':w a'i t.-i�+ .1{?�'. ..¢!f}} ^�,rC,i4'?' 1f•v.�ljFf'i�tJ�+,1, . .�'.� �t� JS`Y' r{{..!`' I��"+1". ";r331 ,,,°d`� y�.4. t d.y..:I, . .r,� ,�}r g4's. W,�r �:<:�t +.rt., .,.t d'> ",4,-.1 ,t+'�rnt e ,-att r�.t,,.,t. ,>7, ..,fYt. h ? t, ,5•, '"1�'',; �ta• �ri{, .r-' , @a{S,}r.`�t `ir'541 A.,u,.. ...,t, .:.• r> ::, "". � } r r 4p.r a '.¢". IJF 'ihtt.t• jt)).u?w. l�t'l r,ttj.P_..�•y' i�" tf i•,'„<'' < •�+.^):,k. t'�� '.'i ,,F �y7�1. i '!'. ,h. •411. x S ',ytt l'K. t:f, .r �r• t' Ii 'r�},:Ga y �.E: t:: `"�i S h . .s/N',1`{„s.:>'.P .. .1. � t'* �4:'4 IN �.r`,,sj s{4 lr< .y it�i fi111 {,� �,: ;1 S/ ;•t',.7..a> r : ./'< .r�:�,)it.'�it•.,.=�`t.:'�'• ,rs,,,>;{•:�Ej'p }j�tq`��'�r f�� 1 }, w-y; V ,ftll�l V, g 'M5 W. 'tf IT STATE OF MISSOURI COUNTY OF COLE On this 24th day of September 1999,personally appeared Larry V. Schepers tome known to be the person described in and who executed the foregoing instrument and acknowledged that he Ulq executed the same as his free act and deed. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. A )lei Not 6y Marilyn -Publid A. Curtit My commission expires: May 6, 2002 1, Phyllis Powell, City Clerk of the City of Jefferson, Missouri, do hereby certify that the within and foregoing instrument was duly approved an�accepted by the City Council of the City of Jefferson, Missouri, by vote on the day of 1999, and this certificate is made pursuant to authority contained in said vote. Ar, i this day bL 1999. Signed City CTerk City of Jefferson, Missouri a . 10 - i gg gq,."r, N -k( j4 "g, 4L