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HomeMy Public PortalAbout11544ORDINANCE NO. 11544 AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to sell and convey to National Paper and Printing Supplies, Inc., certain real property of the District located in the City of St. Louis, Missouri, known and numbered as 2000 Hampton Avenue, and prescribing the terms of said transaction. WHEREAS, the real property hereinafter described has been declared as surplus pursuant to Resolution No. 2437, adopted March 27, 2002, and WHEREAS, pursuant to Resolution No. 2016, adopted September 18, 1991, said real property was appraised, publicly advertised for sale and will be sold through negotiation, as no bids were received for said real property through open and public competition, NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT: Section One. The Executive Director and Secretary- Treasurer on behalf of The Metropolitan St. Louis Sewer District are hereby authorized to sell and convey to National Paper and Printing Supplies, Inc., certain real property of the District located in the City of St. Louis, Missouri, known and numbered as 2000 Hampton Avenue, for the total sale price of Two Million One Hundred Twenty-Five Thousand Dollars ($2,125,000.00), said real property being described as follows: A tract of land in Block No. 4636-N, Block No. 4021 and vacated Sulphur Avenue, being part of Lot No. 12 of D.W. Graham’s Subdivision in the City of St. Louis, Missouri and described as follows: Commencing in the East line of Hampton Avenue (80’W) at the North line of Wilson Avenue (40’W); thence Northwardly 943.14 feet along the East line of Hampton Avenue, along a curve to the right having a radius of 971.49 feet to a point of tangency, being the point of beginning; thence South 78 degrees 56 minutes 04 seconds East, 223.40 feet; thence South 81 degrees 30 minutes 00 seconds East, 489.42 feet; thence South 12 degrees 10 minutes 00 seconds West, 43.45 feet the North right-of-way of Interstate 44; thence along Northern line of said Interstate 44 the following: South 86 degrees 07 minutes 13 seconds West, 124.55 feet; South 51 degrees 49 minutes 42 seconds West, 105.92 feet; South 76 degrees 16 minutes 45 seconds West, 339.96 feet; North 78 degrees 07 minutes 27 seconds West, 136.60 feet to the Easterly line of Interstate 44; thence North 04 degrees 33 minutes 38 seconds West, 285.00 feet to the point of beginning containing 2.93 +/- acres. Section Two. The Executive Director and Secretary- Treasurer are hereby authorized on behalf of The Metropolitan St. Louis Sewer District to execute and deliver a Special Warranty Deed and any and all other documents as approved by the office of General Counsel of the District as may be necessary to effect the sale and conveyance as authorized in Section One above, and further to deposit the proceeds from said sale and conveyance in the reserve for Real Property Purchase, Improvement and Alterations Account. The foregoing Ordinance was adopted July 10, 2003.