CCR1995095COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #95-95
RESOLUTION AS TO OFFER TO PURCHASE
Muskego Industrial Park
Twin Oaks Development
BE IT RESOLVED that the Common Council of the City of Muskego,
upon the recommendation of the City's broker and the Finance
Committee, does hereby reject the attached Offer to Purchase
(Industrial Park Addn. -- Twin Oaks Development) for a 5+ acre
parcel in the City's Industrial Park for a price of $20,000 an
acre.
BE IT FURTHER RESOLVED that the Finance Committee was receptive
to the submittal of a new Offer by Twin Oaks Development for
$25,000 an acre and recommended approval of a new Offer if
received.
BE IT FURTHER RESOLVED that since a new Offer was not received by
the City, the Mayor and Clerk are authorized to reject the Offer
from Twin Oaks Development for a 5+ acre parcel in the City's
Industrial Park for a price of $20,000 an acre.
DATED THIS 25TH DAY OF APRIL , 1995.
SPONSORED BY:
FINANCE COMMITTEE
Ald. Domonic D'Acquisto
Ald. David J. Sanders
This is to certify that this is a true and accurate copy of
City of Muskego.
Resolution #95-95 which was adopted by the Common Council of the
4/95 jmb
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b' or (I cornmerclsl delivory oyotsm, uddressed lu lluyor
66 dcllvory ofthe oecepted olfor IO Huyor nn or baforo ............ .......................................
41) ................................................. ............................................... I1 (Duyorl tlluuorl
.......................... Ihyur'r Yorid Securlty Nn. ................
u Ofkr I8 countorcd (Scller initinl.) ......................... By: ...................................................... 1 Jean K. Haranda, City Clerk (Aellrrrl
JOlIN H, HENDE:RSON .............................. Sullor'u Soc:l~~l Suourlty No, Pureuanr to Reeolution d pnesed by
the Muekego Common Council on HOONEY LESACE 6 1.9SOC.LTD.
hlu ullur wus tll,rdlod by (Liconnnc nnd firm). ........................................................
I It wnu prsnonrcd to Soh by .......................................... on ................ IO.. ... ut .... .:. .... ..In.
6 E,~RNES?' MONEY nwtxrv 1 Urnkor ncknuwlcdacs rueelpt or 111111aI ewncuI: money nu per line I3 of the obuve dI'or.
.................................................. I Urukcr ..................... IR .......
'0 In" I
f ePR-18-95 MON 15:53 Offl~e Cencer
MU04
P. 64 ._ -
RIDEIL TO OFFER TO PURCIIASE
attached 80 it Zully lnoorporalted tlmreln and Jeted
the Olty of Huskego, as Seller, and , an Buyer.
The Pollowlng term8 and oondltlona are made a part or the OKCer to Purchase by and botweon
2. Spool81 Improvrmentr:
A, The purohase prlce inoludes the fO~lOWhB LnprOVemon~~:
(lenltory sower and 2" vater latorela are at lot line and fully @ti
end avallalrle for U8B by Duyer. Buyer WLll ConneOt to sever Ond
water at auyer'r expense. Elootrlc end telephone service 10
available along lot Line. Natural 608 is avnllabh In
Drlvo,
E, If said' streeta me not permanently surfaced at the the 00 tho
completion of thio transsotion, mid otreeto when permenontly
improved ahall be st the exponee OE the City end no wciol
aaaasenonts wlth reopoct to the permonont improvemonte oP tho atroots
rldl be eeeessed ageinet the property herein dosctibed, and tho
Buyrr, hle helrc srd assigns, shall'hevo no furthor obllgatlon wlth
reopoot hereto. 0
IT. It ia agreed botworn Buylar dnd 8allor:
A., The provlsioae of poragraplm tbirtein (13) and fourteon (14) of tlla
Rube end Re&ulatlc~n~ for the Huekego Induattlal Park es orlglnnlly
adopted by the City of Huekego Industrtal Dark as orlglnnlly adopted
.. by tho Clty of Huslrego by Rasolucion W5-70 on July 28, 1970, ond I. furthsr extended to cover Huskego Industrlal Park Adilltlou 111 on Hoy
27, 1986, are Incorporated horein by reference aa If fully aet forth
Iroreln. Said prov.lslonr provldod in effect that fn the evont the
Duyer ehould dosin) to rseell II portlon OE the pcemiaeo which are
the subjoct of tlrle Contrnot and whlch are not belrlg usod 111
connection vlth Buyer's buelueea, ,that he must flrst ofhr Ello some
to the Clty for repucolleao, %he City ahall then hevo nInety (90)
deyr to aot upon sc~id oftor.
B. Theno provlrfons rhdl oonstftute awonnnta running wlth tho land
and shall be bindlng upon tlm aucoespors and nsaigns of tho partlee
hereto and may be hcluded in the doed whlcll Seller delivora to Uuysr
in completion of tbir eranrroetiotl. Duyer acknowledpr thot ho 110s
Huskego Ittdurtrlal Park and that be has read and fully undorotortds rsoelvad copy of the Pull tart of the Rules and Rogulatlono or tilo
aama.
mode Irerein eu,rvive tho cloolng of '
amen: - BBLLER: CITY OF HUIKEGO ..
Dy : - By :
Data :
Oounterrl~nad:
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