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CCR1990151e COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #15 1-90 AUTHORIZING APPROVAL OF CANCELLATION AGREEMENT (Lloyd Hamm - Industrial Park Addn.) WHEREAS, Resolution fl153-86 approved a Counter-Offer to Purchase submitted by Lloyd S. Hamm for property located in the Muskego Industrial Park Addn., and WHEREAS, Lloyd Hamm has submitted a Cancellation Agreement h Mutual Release for this Counter-Offer, and WHEREAS, the Finance Committee has recommended approval. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Finance Agreement h Mutual Release submitted by Lloyd Hamm. Committee, does hereby authorize the approval of the Cancellation BE IT FURTHER RESOLVED that the Mayor and Clerk are authorized to sign the necessary documents in the name of the City. I DATED THIS 12th DAY OF June , 1990. 0 FINANCE COMMITTEE Ald. Daniel J. Hilt 1 Ald. Edwin P. Dumke Ald. Harold L. Sanders ATTEST : City Clerk 6/90 jZ 0 .t WB- 45 Cancellation Agreement & Mutual Release */ :..” Wisconsin Legal Blank Co.. Inc. Approved by Wis. Real Estate Examining Board 11-16-71) Milwaukee. Wir. Reapproved (substantially unchanged) by Wisconsin Deparrrnent of Regulntion and Liceosing 5 - 1-82 CANCELLATION AGREEMENT Q MUTUAL RELEASE THE UNDERSIGNED seller(s) and buyer (5) hereby agree that the contract for the sale and .......... .Mus.keXo ............................................................................ dated ....... ................................................ WI June 20, 1986 City State Zip and accepted ........... ~Ub!..8~..i.%~ ........................... ........................ be cancelled and the parties hereby Date release all of their right, title, and interest in and to said contract. The parties hereby authorize and direct the broker ....... Mo.o.n.e~.L.e.s.a.pe. .. (..AS.sociates~...Ltd~ ...... ..................................................................................................... to disburse the earnest money deposit of $ ...... lo~.o.ac ................................................................................ to ............................................................ Lloyd S. Haup ~~ ~~~~~~~~~~~~~~ and the parties hereby release the Broker from any and all liability for disbursing the earnest money as directed. DATE .................................................................................................................................................... BUYER DATE .................................................................... ...... DATE.. ........................................................................ BY.: ...................................................................... SELLER Jean K. Marenda. City Clerk Pursuant to Resolution #- passed by Common Council on