CCR1983234RESOLUTION #234-83
AUTHORIZING COUNTER OFFER TO PURCHASE
;I. Fischer - Gurnsey Meadows Addn 1
.Outlot 3
WHEREAS Common Council previously approved an Offer to
Purchase in Resolution #180-83, dated June 28, 1983, and
WHEREAS, the City Attorney reviewed the offer and recommended
the attached Counter Offer, and
WHEREAS the Finance Committee has reviewed the Counter Offer
and has recommended approval.
THEREFORE, BE IT RESOLVED that the Common Council of the City
of Muskego, upon the recommendation of the Finance Committee
does hereby approve the Counter Offer to Purchase with the
and Clerk are authorized to sign the legal documents in the
amount of purchase to remain at $800.00, and that the Mayor
name of the City.
DATED THIS DAY OF nUGU5r , 1983.
FINANCE COMMITTEE
Ald. Mitchel Penovich
Ald. Edwin Dumke
rLL CdL Ald, Charles Colburn
ATTEST,
/ City Clerk
WBU Counter-Offer
Approved by fhe Wisconsin Dcpment ol Regulation and Licensing
5-1-82
I.
The Offer to Purchase dated 8-.?:8?,
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COUNTER-OFFER
and signed by . 1.r.vi.ng. .w:. .FiS.ch'?r.
Wisconsin Legal Blank Co.. Inc. Mlwaukee, Wis.
3 forpurchaseofrealestatexas descr.ibed..in..a.ttached offer. fa purchase.
4 is countered as follows: 1). This. transaction. .shall .be .closed .at. the .City .of Mus.keg.o,
Cit.y,.HaLl., .on,.or .bef.or.e.,Septernher .15,. 1983. or. at such.other. time and.,p.lace..
as may. he. agxeed upon. .b.y .the buyer. and. .the seller.. 2). .Buy.er will .pay. at. L ..
8 pro.per.ty,. the .cos.t..o.f, .title .ins.urance..as. to..said pr.operty .and any..o.ther .
, c1asm.g. .~n. .addiki.on .to .the. purchase .price,. Lhe..cost. af. the .sur.vey..o.f. the.
IO 1.11. of. khe,.o.ff.er .wi1.1, .b.e.deLe.ted... k). .The number .15,.in .line.,l.Oh shall. he. 9 c0s.t. ,paid. hy. the .Cit.y .cDncer.ning. this. Lransaction.. . 3) .Lines ,107 thro.ugh
II 5.. 5). ,That. the .buy.ez .is purchasing .this .piece .of .land, .ta .add. Lo. his^ . .
12 adj.oining. lo.t..~ ,6.) All. ather, p.rav.isi.ons. .o.f. the .off.er. .to. pu.rchas.e. s.h.al.1.
13 remain. unchanged..
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I acknowledges receipt of a copy of this agseemenl. The warranties and representations made in said offer and this Counter-Offer survive the closing of
Seller agrees to sell and convey the above propeny on the terms and condiuons as set foh in said offer and his Counter-Offer and
IS this transaction.
This Counter-OITer must be accepted on or before .8-39-.63 and it shall not become binding upon Seller until a copy of the
20 accepted Counter-Offer is deposited, postage prepaid. in the United States mails, addressed (0 Seller or Seller's agent at .c.i Ly. 0.f.
?I >lusk.ega, .P., .O., .Box 25, .!&sk.ego., .VI ,531.50 or by personal delivery bereof
.. >, IO Seller or Seller's agent.
2.; Dated:
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1- The above Counter-mer is hereby accepted. (or)
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34 1 Dated
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I 1" Buyer's above Counter-Offer is hereby accepted.
,,> Dated:
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Irving W, Fische(BUyer)
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(Buyer)
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11 Earnertmoneydl bndsrsdhemwlth.Additlon~ermslmoneyolS lnthsformd..
13 ............................ (0 bo plld wiltdm ........... days of acceptance d der or 011 ...........
14 .&;a~..c+.,~~~~ ............... ....................... md Ihe balance In cuh at closing or u herc&r ret f0rh
I5 16 this der and ahd k vansmiotd to Ihe lisung broker upon auch acceptance.
If &er~ chereauI1ofrco-b cr~e,chenalImoneypridhc~wlIhrhlllbcheldinihclellingbroker'~lrustlccoun~untillheacfepllnceol
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Additional umest money paymenU8h.U be made to lhe btlng bmter .nd held in lhc listing bmkcr'a Wl .ccoyII1o1
19 TIME IS OF THE ESSENCE AS TO ADDITIONAL EARNEST MONEY PAYMENT. LEGAL POSSESSION, OCCUPANCY. AND
20 DATE OF CLOSlNO. Smke those no1 a licablc.
22 FOLMWING:
24 olher conlingcncy. il mwl bc mlcd here. If moe. M atale.)
23 (If this der is rubpa to rWKinS. pmlation lesl, rpccilic zoning or w, rppmvd d mded building and YIC rcslriniona and COVCMII~. or any
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21 THEBwErSOBuG I,' T~ONT~CON~~"DE~IST-SA~IONISCOND~ONEDUPONTHECONSUMMA~ONOFTHE
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2 Buyer apes lhat unless othemise spccilied. Buyer will pay rU ~II of lccurins My fin,mcing roche erlentpcmined by law, and lo prformall acu
3 neecarry lo expedite nu& financing.
4 ADDITIONAL ITEMS INCLUDED IN SALE: .. .-. .......................................................................
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7 lTEMSNOTINCUIDEDINSALE: ....................... '.. .............. ..1......... ....... :..... ............
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J scllcr rhdl. upon pymenl dthe purchase price, convey the proprlyby warranty deed, or other conveyance rovidedherein, free and clcardall
s and cncumbnws. elupling: municipal and zoning ordinances. recorded easements for public utilities rocawd adjacent (0 side and rear lo(
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recorded buiMb8 md use realrictionr and covenants. general hxes levied in the year of closing and ..............................
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Legal porrerrion of propny shall bc delivered lo Buyer on daw of closing.
It is underscmd the propcrty la now occupied by . . .............. ......,.. ..........
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6Mder (oral le=) (fiw he). which lens ue: ................................................................... , .... ,, ......... .................................. ..... -:r. 8 occupancy d .. &*- ...... ;. shall be given Io Buyer on
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9 U
0 payable as follow.. .... .: ..................................................................................
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3 lo guaranlcc delivcry ,d oca ancy to Buyer AND FOR NO OTHER PURPOSE. which sun upon Seller's failure lo deliver occupancy shall be
4 paid lo Buyer 1s lipdated B amages or returned IO Seller if occupancy is delivered to Buyer on lhe agreed daw.
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In additiw tbc sum of S .. :. ............... shdl be withheld from thc purchase price (0 bc cscrowcd wirh ...............
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s AU earner1 money paid shall be applied loward payment of the purchase price If thia offer ia accepted on or before .................
6 .......... A.. ....... 19 .... ; olhenvise, lo k returned lo Ihe undersigned Buyer no Inter lhm ....................
7 19 and lhir offer shaU become null and void. ..
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79 mails. nddrcsd to Buyer at w .\kj. .%.!]\%A. .L%P?. .LT . ,.fih?>.~c~~. ... .w !s.& ,:. ...........
Iflhi~~eri~~cccpted.ilshallnotkwmcbindinguponBuycruntilacopyofacceptedo~erisdcposild.pos(ageprcpaid.intheUnilsdStatc
91 This Irwmion is to be closed u the oIXce d Buyer's mongagce or at the OITice d
30 ................................................ :'. ........................ qr by personal delivery thered
92 ...................................... ..: ............... ;: .......... ~ ....................................... . . , on or befon
.............................. ;. , 19 ...... or at such other time and place as may be agreed in writing by Buyer and Sellel
Seller represenu to Buyer ht the property Is zoned ........ : .. ;, .. ;* .-i. :: . ;.. ................. i.. ...................................
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06 Seller wu~u mi reprercn~ to Buyer rhat property is not louted Lo a flood phin:ar per
87 .......................... ....................... 1.,.....ij..L.........L......................................... ..........
88 Cautim: Refer to WCUMI% regulations.)
9 0 (a)pluuled or commend public improvcmcnl which may result in special asseSSn'ICnU.0~ otherwise materially allect thc property..
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89 ic llcr wmU and reprercnu to Buyer that Seller has no notice orbowledge of My:
9@ (b)pDvemmcnt Wency or cow order requiring repair. alteration or wmction d any cusung condition.
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EXCEPTIONS TO WARRANTIES AND REPRESENTATIONS STATED IN LINES 86TO 9b.. ..........................
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................................................................................................................... .~ .............................. , .. .- .............. .*. ..... .-. ...... , ................................................ .-.,,'.,. .. .. ........................................................................................................... Interest. =nu. water and sewer use charges and homeomen association assessments shall k prorated as ofthe date of closing. Accrued
income and expenses. mcluding taxes for the day of closing. shall accrue to Seller. General lues shall be prorated at the time of closing based on the net gcncral &xes for the current year, ifknom.othcrwise on the ne1 gener,
UICS for the receding year. CAUTION P f pmpeny hru not ken fully assessed for ux purports. or reassessment is wmplcted or pending. tax proration shall be on the basis o
S ............... estimated annual tax. Make spccial agreement if area assessmenl(s) idare contemplated and/or homeowner nroeiation has usessed or may assess.
mscssrnenu. including MY contemplated special assessments. shall be paid by iuyer.
Special rracumcnts. if any, for wort on sitc actually commenced or levied nor to date Or this omer shall be paid by Seller. All other specin
1. A complete abstract d title made b an abstract company. extended to withln 30 day8 ofthe clonin said abstract to rhow Seller's title IO b Seller shall furnish and deliver 10 Buyer for examination at least IS days pnor to the date set for closing. Seller's choice of cilher.
markctablo md In the condition eal!cd for by this a emcnt. except for mor~gages.Jud cnts or otr liens which will be satisfied oulofth
!her shall then haw a reasonable time but not exceeding 0 dayn, within which to reclify the title (or furnish a tide policy as hereinane
rocecda dthe sale. Buyer &hall notify Seller in w#& ol an valid objection to the tirwithin IO days der the receipt of said abstract an
provided) and in such cases the time dclosinp shall be accordinfy extended; o!
2. An 0mcr.s policy of title insurance in the amount of the full purc ase nce namm Buyer as the insured, as Bu er's interest may ap a1 wittenbyares nsibletitlcinrurancecompanylicensedbyihcStateof~iaconsin.w~chpolicyshall uaranlccSe~er'stidctobeincon~i~
cllled for by a agreemen(. exccp~ for morcg.ge:. judgments. or other lien: which will be satis ? led out of the proceeds of the sale. I wmmivncnlbysuchati~cwmpany,~~toisruesuchatiUcpolicyuponthcrewrdingoftheproperdocumenuasagreedherein,shallb
deemed sflcicnt perfomma.
furnish written proof. at or before c:oring. that the C0l.l underlying indebtedness. if any. is not in excess of the proposed balance of the land contracl
If this der provides for a land conlracl. thc same eviden&oftitlc shall be furnished prior tothe execution ofthe land contract. and Seller sha'
md lhal the ymcnlr on this land wnlract are svllicicnt to meet all of the obligations of Seller on the underlying indebtedness. Shoul 8" Buyer fail to carry OUI thla agreement. 111 money paid hereunder, incivding any additional earnest money, shdl. 81 the option of Sellel
be paid to or rclained by Seller u li uidated damar. If ?uch money is held by Broker, Broker shall disburse such money as follows:
1. To Buyer. if Seller has not notiled Buyer and rokcr In wnlm of Seller's election to consider all money paid hereunder as liquid&ddmage
2. ToSellerrrliquidate~amages,subjecttodeductionsofBroker'scommissionanddisbursemen(s,ifany,ifncitherp~yh~comme~c~~~~~
or par( pnymcnt for 6 ciIic pelromance within 60 days ofclosing date set forth in this agreemen(. OK
suit on lhia matter wilhin 120 days of the closing dale set forth in this apement. Should Seller be unable to carry out this agreement by reason of a valid legal defect in tille which Buyer is unwilling 10 waive, all monc
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pid hereunder INI k *turned to Buyer forthwith. and this.conlract shall be void.
SPECIALPROVISIONS:
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........ .................................. .............................. Buyer has read,'full understands and acknowled cs receipt of a copy of this offer to purchase. 1 BUYER IS ADVISEDTHATBROKE]
HAS AN AGENCY RJ'TIONSHIP WITH SEL~ER.
., 1. .. '1, ;' .;' .......... /I i: ,*..
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'. (Buyel .. ....
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..... ... THIS OFFER IS HEREBY:ACCEPTED.,THE WARRANTIES'A~D REP&SENTATIONS MADE HEREIN SURVIVE THI ,I ,,. 7. ,. .
CLOSWG OF THIS TRANSACTION. THE UNDERSIGNED HEREBY.AGREES TO SELL AND CONVEY THE .ABOVE
OF THIS AGREEMENT. MENTIONED PROPERTY ONTHE TERMS AND CONDITIONS AS SET FORTH AND ACKNOWLEDGES RECEIPT OF A COP'
... . ',' . . ,I ~ y .-. ;I.:,.: .,.I.,: .>,',.'!.; :x..i "
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.., 19 ............................... y. .... :' ...................... .... ! . ,: ..................................
_. ,I . * .......... .................................. I .., ...................................................... (u Seller is married. spouse should tipn.) ... (Sellel
EARNEST MONEY RECEIPT
Earnest -cy in the "1 d S ..................................... in form of.. .................................
.. ........................................... recoivedfmm. .............................. ..,. ............
................................................... munt in Wi-in. OT rnnrmil the sunc in ~CCO~MCC with the tern d the above offer. The undersigned hereby agrees to hold same' in M authorized real cstale INS
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Broh
By ...............................................................
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