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HomeMy Public PortalAbout12566O R D I N A N C E NO. 12566 AN ORDINANCE, authorizing the Executive Director and Secretary-Treasurer on behalf of The Metropolitan St. Louis Sewer District to sell and convey to Land Clearance For Redevelopment Authority (LCRA) of the City of St. Louis certain real property of the District located in the City of St. Louis, Missouri, known and numbered as 2000 Hampton Avenue, and prescribing 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, surplus real property may be sold by negotiation rather than by open and public competition and without publication of notice when the purchaser is a public or governmental agency having the power of eminent domain, WHEREAS, the purchaser, LCRA of the City of St. Louis, is a public body corporate and politic organized and existing under and pursuant to the laws of the State of Missouri, WHEREAS, pursuant to Resolution No. 2016, the General Counsel on behalf of The Metropolitan St. Louis Sewer District negotiated with LCRA to sell and convey to LCRA of the City of St. Louis certain real property of the District located in the City of St. Louis, Missouri known and numbered as 2000 Hampton Avenue, and be it further resolved: 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 LCRA of the City of St. Louis 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 Four Hundred Thousand Dollars ($2,400,000.00), 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 TO 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 2.935 ACRES. KNOWN AND NUMBERED AS 2000 HAMPTON AVENUE. 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 Corporation Agreement and any and all other documents as approved by the office of the 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 December 13, 2007.