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HomeMy Public PortalAboutORD08679 BILL NO. 4�j f/',2 INTRODUCED BY COUNCILMAN X5 .1 ORDINANCE NO. 11. 72 : . AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI, AUTHORIZING THE . -MAYOR AND THE CLERK OF THE CITY OF JEFFERSON TO EXECUTE A CONTRACT WITH THE HOUSING AUTHORITY OF THE CITY OF JEFFERSON AND THE JEFFERSON CITY SCHOOL DISTRICT, FOR THE FUTURE PURCHASE OF CERTAIN REAL .PROPERTY LOCATED ALONG THE NORTH AND SOUTH SIDES OF MILLER STREET BETWEEN ADAMS AND JACKSON STREET. NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF JEFFERSON, MISSOURI, AS FOLLOWS: -Section' l. The Mayor and City Clerk of the City of Jefferson, are 'hereby authorized and .directed to .execute a contract with the: Housing'_Authority of the City of Jefferson and the Jefferson City.. ''.`:School District providing for the, future purchase of certain real property ,located' alon' the north az'4 south sides of Miller Street between Adams and Jackson Street '.for the sum of $66,.000.00; all as more fully set forth in an Agreement attached hereto and marked Exhibit A and made a part hereof as though fully set forth herein. Section 2.... This otdinance shall take effect and be in Oio, .rce from and ,after s passage and approval. Passed ;,.,y_«17 J l_ !9 5/ Approved ' 7" P ® ident oft ou cil Mayor '. A t test: City .Clerk AG- REEMENT This agreement made and entered into this day of A �; � , 1974 , by and between the Housing Authority of the City of Jefferson, Missouri, hereinafter referred to as the "Authority, " and the City of Jefferson, Missouri, herein- after referred to as the "City, " and the Jefferson City School District, hereinafter referred to as the "District. " WITNESSETH: WHEREAS, the Authority has acquired certain real property Located along the north and south sides of Miller Street between Adams Street and Jackson Street in Jefferson City, Missouri, more particularly described on the schedule hereto attached,. said. pro-- perty being located within the boundaries of an Urban Renewal project designated Progress Project :Mo. R-45F and ,• WHEREAS, said property has been designated .in .the -plan. for said Urban Renewal project as public use, and .. - WHEREAS, it is the desire of the parties hereto that the District should have the use of said property` -for school .purposes so. long as it desires and that the City shall have the use of such property after it is no longer needed by the District. NOW, THEREFORE; . it is agreed by and between the parties: Alk 1. The Authority agrees and binds itself to sell said .pro- perty to the District for the' price of Sixty-six Thousand Dol- tars ($66,000.00) and the District agrees to buy the property from the Authority for such. price, said property being described as follows: ,.Tract A: Housing Authority Disposition Parcel P-4A being all of Inlots. 617, 618 , 619 , and 620. Subject to a 60 ft. wide storm drainage easement, the centerline of which lies between a point located 160.1 ft. northerly, along the westerly right-of-way of Jackson Street, from the southeast cor- ner of Inlot 620; and a point located 135.7 ft. westerly, along the northerly right-of- AIL way of Miller Street, from the southeast corner of Inlot 620 in the City of Jefferson, County of Cole, State of Missouri. Tract B: Ail of the Inlots 728 , 729 and the westerly 52.2 ft. of Inlot 730. Subject to a 60 ft. wide storm. drainage easement, the centerline of which lies from a point 203.3 ft. westerly, from northeast corner of Inlot 731, along the southerly Miller Street right-of-way; thence along .a line deflecting to the right, from aforesaid right-of-way, 130° 17 ' for a distance of' t 128 .1 ft; thence along a line deflecting to the right from aforesaid line 14° 46 ' for a distance of 160 .0 ft. to a point along the westerly line of, and 9 .4 .ft.:, ' northerly from the southwest corner of Inlot 728 in the City of Jefferson, County of Cole, State of Mi.ssouri.' 2. The Authority will convey such property to. the Dis- trict free . and clear of encumbrances by special warranty deed upon ,the .payment" of the purchase price, and will either deliver to the District Abstracts of Title showing good title to be vested in the .Authority or will . deliver to the District title insurance assuring ,good title to the District. 3... The purchase price shall be paid as follows: July 1, 1974 -- one-half (1/2) in cash; July 1, 1975 -- one-half in cash. 4:_ The District represents that it intends to use said property for school purposes principally in .connection with 'Simonsen. Junior High School and Freshman High School, both.of, : which are located in close proximity to the property. 5.. The: District agrees that at "such time as conditions;, within the City of Jefferson determine that: both.. Simonsen and Freshman High School locations are no longer. used for school purpos.ea, it will sell said property to. the City for the price' it paid ,therefor as above set forth and the .City agrees to buy , such. property from the District at such time for such price; it being understood that, in such event,the District shall have- the right to remove any improvements or facilities on said pro- perty prior to sale to the City or, at District' s option, be reim- bursed for the depreciated value of any such improvements. 6. The closing of this transaction of purchase and sale between the Authority and District shall occur at such time 'as: the Authority shall have cleared the property which shall be as soon as- practicable hereafter. IN WITNESS WHEREOF, the partie.s have execiited 'this- agreement, in, triplicate .this day Of, Gz" �" , 1974. HOUSING AUTHORITY OF THE CITY OF JEFFERSON FERSON CITY SCHOOL DISTRICT . CITY OF JEFFERSON By. . . . • Mayor -3-