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HomeMy Public PortalAboutORD06949 (first floor of the building located at 220 Madison Street in (Jefferson City, Missouri , and known as the "Senate Bar" to be removed �at expense of Second Party on or before September l., 1960 . (C.) Cause the floors under the restroom facilities and partitions on the first floor of the building located at 220 Madiscn Street in Jefferson City, Missouri, and known as the "Senate Bar" t be repaired at expense of Second Party on or before September 1, 19 . (d. ) Arrange for the execution of a Bill of Sale by Kennc h Rice to the First Party whereby the air conditioning equipment now located within, and the exterior wall sign now located on the east wall of, the building located at 220 Madison Street, Jefferson City, Missouri, and known as "Senate Bar." , are conveyed and transferred t he First Party free and clear from all mortgages and other encumbranc IN WITNESS WHEREOF, the parties hereto have set their ha ds the day and year first above written. SAMCO BUSINESS SUPPLIES, INC. By Vic Agee /s/ President ATTEST: Party of the First Part Margot A. McGovern /s/ Secretary CITY OF JEFFERSON, MISSOURI By C. Forrest Whaley /s/ ATTEST: C. Forrest Whaley, Mayor Party of the Second Part Henry W. Ells /s% City Clerk SECTION 2. This ordinance shall be in force and effect from and after its passage and approval. Passed: 7/5/60 Approved: 7/6/60 C. F. Whaley /s/ C. F. Whaley /s/ President of the Council Mayor Attest: Henry W. Ells /s/ City Clerk ORDINANCE NO. 6949 AN ORDINANCE OF THE CITY OF JEFFERSON, MISSOURI, AUTHORIZING AND DIRECTING THE MAYOR AND THE CITY CLERK OF THE CITY TO EXECUTE A . CONTRACT WITH KENNETH RICE OF JEFFERSON CITY, MISSOURI. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JEFFERSON, MISSOUtI, AS FOLLOWS: SECTION 1. The Mayor and the City Clerk of the City of Jefferson, Missouri, are hereby authorized and directed 'to execute for and on behalf of the City of Jefferson, Missouri, a contract with Kenneth Rice of Jefferson City, Missouri, which contract shall be in words and figures as follows: CONTRACT THIS CONTRACT, made and entered into this 7th day of July, 1960, by and between Kenneth Rice of Cole County, Missouri, party of the first part, and the City of Jefferson, Missouri, a municipal corporation of the third class, situated in Cole, County Missouri, party of the second part: y WITNESSETI3, that: WHEREAS, First Party, as the tenant, holds a presently effecti 'e ease on the following described premises; The ground floor (excluding the City Cab Office) and basement of the building located at 220 Madison Street, in Jefferson City, Missouri, WHEREAS, Second Party desires to have First Party cancel. and erminate said lease on the above described premises now owned by om Curtis and Margaret Curtis, his wife, so that Samco Business upplies, Inc. , a corporation, might lease said premises from Tom urtis and Margaret Curtis, his wife, and occupy aaid premises to ' conduct its business, and WHEREAS, First Party agrees to cancel. and terminate his lease with Tom Curtis and Margaret Curtis, his wife, upon certain consider tions to be made by Second Party as hereinafter stated, now therefo e 't is agreed by the parties hereto as follows: (1) First party shall terminate and cancel his lease with Tom Curtis and Margaret Curtis, his wife, on the above described premise , as of June 30, 1960. (2) Upon the execution of a lease by Samco Business Supplies, nc. , as lessee, and Tom Curtis and Margaret Curtis, his wife, as lessors, of he above described premises, whereby First Party is released from a 1 f his obligations under his lease with Tom Curtis and Margaret Curtis, is wife, the Second Parth shall: (A) Issue a check in the amount of Ten Thousand ($10,000.00 Dollars payable to First Party and the Exchange National Bank of efferson City, Missouri, as their interests appear on or before the 7th day of July, 1960. (B) Arrange with the cooperation and assistance of First arty for the sale by the 1st day of August, 1960 of all fixtures an quipment (excluding the air conditioning equipment within, and j xterior wall sign on front wall of the building) owned by First ' arty now located within the above described premises. (C) Pay to First Party from the proceeds realized from the ale of the aforementioned fixtures andequipment owned by First Part nd from other funds, the sum of Seven Thousand Five Hundred ($7,500100) ollars on or before the lst day of August, 1960 . 1 3. First Party shall pay off all indebtedness, whether unsecu ed r secured by chattel mortgages on the fixtures and equipment, inclu ing he air conditioning unit and exterior wall sign, located upon the above described premises, and have all chattel mortgages of record affecting said personal property released and cancelled, upon receip f said initial Ten Thousand ($10,000 .00) Dollar payment. 4. First Party shall execute a billof sale conveying clear an4 nencumbered title to the air conditioning unit and exterior wall si n located upon the above described premises to Samco Business Supplies Inc. , a corporation. 5. First Party shall execute such other and further Bills of i ale to such parties as may be designated by Second Party conveying fear and unencumbered title to all other fixtures and equipment and ersonal property of every description now owned by First Party located ithin the above described premises. i IN WITNESS WHEREOF, the parties to this agreernent have ` ereunto set their hands the day and year .first above mentioned. �1