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CCR1987195COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION 8195-87 REJECTION OF OFFER TO PURCHASE WOODLAND PLACE LOT AND AUTHORIZATION TO SUBMIT COUNTER OFFER (Kastello) BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby reject the attached Offer to Purchase City-owned Parcel 1 of CSM 4610 on Woodland Place submitted by Roger Kastello on September 14, 1987. BE IT FURTHER RESOLVED that the Common Council does hereby authorize the making of the attached Counter Offer, and authorizes the Mayor and Clerk to sign the necessary documents in the name of the City. DATED THIS 22nd DAY OF September , 1987. ATTEST: . WE-44 Counter-Offer A proved by the Wisconsin 5h82 of the Regulation and LiCc"Sitlg Wisconsin Legal Blank Co., Inc. Milwaukee. Wir. COUNTER-OFFER and re-submitted September 14, 1987 I The Offer to Purchase dated Ma)! .11 J. l?.87!and signed by ,R.'?g?.$ .K.a?f.el.l.0 2 3 for purchase of real estate at .P.ar.c.e1.~1 .of CSM. 4610. .on..I.!o.'?d~.an.d. p.1~ac.e. .. .. 4 is countered as follows: .1). .Li.n.eS. 26. .t.h.~o.Vgh. 28. of th.e, .o.ffe,r..???, de.1?.f.ed.':, , .?:) .Add .at. ... 6 aS.S.eS.S.Qe.".tS. .a".d, f.ee.5. 9.", .S.ai.d. P.r.GP.?rt.Y. i."Cl."di."Qr. b.".! ."9!..1.i.mi.fed..to.1 a. fe.e .... 8 for. t.l?.e..r.eS.?.E)l.e .c.aP.a.Ci.fY .aS.s.eS.S.me.nt..sta.ted..ab.o".e..." 3.)..e.u~e.r..is..so1.e1Y. .. . 9 re.SRO.O.Si.ble. f0.T .c.0r?.".??.f.iI?g. t.O .all. .ot.h?F. L!t.il!.fi.e.?>. SU.Ch 3.5 .?1.?.c!.r.ic., !.?l?.Pho."e .. .. ...... 5 Li.n.e .4.1 .the. fo.ll.owi.ng:. "Bu.y.er shall. De. re.s~.onsible..for..an~ o.fhe.r..o.uts.fa?di.?.g 7 fox s.e.we.s ,c.onr?.ec.t.io.n.,i.n. the .ar?o.L!nt..P.f..$.5Oo. an.d..BuY.er..sha.l!, .also .be..Se?.eo?.si,ble 10 at .hi.s. e.xF!e.nse., I1 12 13 14 15 16 17 acknowledges receiptofa copy ofthis agreement. The warranties and representations made in saidoffer and this Counter-Offersurvive the closing of Seller agrees to sell and convey the above property on the terms and conditions as set fonh in said offer and rhis Counter-Offer and 18 this transaction. 19 20 accepted Counter-Offer is deposited, postage prepaid, in the United States mails, addressed to Seller or Seller's agent at. Mu.ske.go This Counter-Offer must be accepted on or before 9-.23.-8?. and it shall not become binding upon Seller until a copy of the 21 C.ity. Hall.,. P. 0.. .B.ox .9!23., .F?.us.k.ego.,. .WL 53.150. or by personal delivery thereof. P to Seller or Seller's agent. CITY OF MUSKEG0 2 Dated: 24 6.y :. Wayne G. Salen(64lt@, Mayor ~..~~ ~ 25 26 27 The above Counter-Offer is hereby accepted. (or) 28 29 30 32 31 34 33 By : Charlotte L. %h!art, Clerk 35 Dated 36 37 38 i 39 Buyer's above Countkr-Offer is hereby accepted. 42 43 44 (Seller) THIS COUNTER-OFFER SHOULD BE ATTACHED TO THE OFFER TO PURCHASE. I II I.-.> *ncan( Lnnu txter to ~urcnase 1 - Approved by the Wisconsin Depsrlmcnt or Regulation and Licensing W~sconsin Lrgal Blank Co.. Inc. Milwaukee. Wir. 5-1.82 VACANT LAND I ........ rm.Lw, 1 Wisconsin, The undersigned Buyer.'. .-. .*@ -2 , .....~ ..... hereby ofleen to purchase the property known as ............................ Pare& 'i of"cSn 4610 ,". P1,) CM of.. . n*li?w.. ..... . ,County of ~ oslue.*Cl, ... ,Wisconsin. ..>..I,< I ,5 more particularly described, as: ,!Me&. .P% ti%%. .!~.~~!!-. b??%iq .to .@!? . wl!ad. b .%u?r 6r .. ..... .......... .. ............ 1 ... ...... .:.',:...,I i:i..:...-. .. ... 18 . 1 ........... . 4 .,.,. ... \9.. 10 at the pice of ,TWCA~, "W&. .F~w. ~vMx~!!, . ' 1 I Dollars($, l&~~o..oP ) and on the terms and conditions as iollows: I2 Earnest money of$. ,tenderedherewith.Additionalearnestmoneyof% sao,oo. 13 ,in the formof . $MR. 14 ,and the balance in cash at closingor as hereafter set forth. 16 this ofler and shall be transmitted to the listing broker upon such acceptance. . .~~ I. ...... .... ..,~.,. ,. j :.: .,' ' ,.. I .. :,i to be paid within .% days of acceptance oi oner or on : \ I IS lf~hiso~erisLheresultofaco-br~kerage,lhen~lmoneypaidherewi~hshallbeheldinthescllingbroker'strus;accountuntiltheacceptanceof I >I. ,,!I' .,I i , , I:, , :: ,+dditiond,earnest money payments shall be made lo the listi@.broker and held in the listing broker's trust. account or ::.I..-, : ::. 20 DATE OF CLOSING. (Suike thl 21. THEBUYER'SOBLIGATIONT~ 22, FOLLOWING: 18: .................................................... ...... ;...~.i ..... :.~~ !. .',i .... '~~~.!!.'.~~;~~!.~!.~l.!~.~..~~':~~;. 19 TIME IS OF THE ESSENCE AS TO ADDITIONAL EARNEST MONEY PAYMENT; LEGAL POSSESSlONiOCCUPANCY, AND xe not applicable.) OCONCLUDETHlSTRN\ISACTlONISC~NDlTlONEDUPONTHECONSUMMATlONOFTHE ., ,I .r ,l?i.. , .I , ~~~ ~ ~~ ! 24 other contingency. it must be stated here. Ii none. so st:tlc.) 23 (If this oKer is suhject to financing. percolation test. specific zoning or usc. approval of recorded hllilding and UEC restrictions and covenants. or nny ADDITIONAL ITEMS INCLUDED IN SALE: titnii ; ,:< ,I .. ............ .. .. ..I I .57' ITEMS NOT INCLUDED IN SALE: ... 58 .mm. . ,. .. . .'I,. .I' . I ....... 60 Seller shall, upon payment or the purchase price. convey the propenyhy warranty dccd. vr other conveyance provided herein.~free and ciesr oi all , 61 liens and encumbrances. excepling: municipal and 7.oning ordinances, recorded eascmcnls For public utilities located adjacent lo side and rear lot .. .~ .~ 62 lines, recorded building and use restrictions and covenants. general taxes levied in the year of closing and ....... 67. mne " 64 66 65 61 68 69 70 71 13 12 i4 75 ii 77 ~ ~ ~~~ .......... , .. , hgal possession or propetiy'shall be deliveted'to Buyer on date of closing. .. ', It is undersld the propeny is now occupied by .vatrent. .land. undc:(oral lease) (written lease). which terma are: .. . ., ., .......... ... .......... .......... ... ,.: p" Occupayy of ' .I&. , . , shall be given to Buyer on .ahaim ..... Ii Seller is~permitted to occupy properly alter closing, Seller shall prepay occupancy charge of S ...... ~. ...... ..,;. .. payable as Follows: -3 ,, In addition. the$ . ,,,. $1 . shall he wjthhcld frum the purchase price to be escrowed with .- - ... .. .. ... to guarantee delilcty of occupancy to Buyer AND FOR NO OTHER PURPOSE. which sum upon Seller's fatlnwe !o deliver oc&pancy sh?llL. paid to Buyer as liquidated dayages or returned to Seller if occupancy is delivered to Buyer on the ayeed date;, , ,. _. .,.. . ,I payment of the purchase price if 1% oKer is accepted on or before ............. ;otherwise. t-d B#r no later than .!;fi4.:. ..:~ ...... . .... ' I, 1 . L .. .I ~ ../, -., ,!. , ., ‘ .. .... ... . or at such other time and place as may be agreed in writing by Buyer and .... Seller represents to Buyer that thc propeny is zoned .n&l. reaidentiaL Seller warrants and represents to Buyer III~I thc property is not located in a Ilwd plain. as per City. QL .Muatego (Caution: Refer to wetlands regulalion,.) Seller warrants and represents to Buyer lh~t Seller has no notice or knowledge of any: (a)planned or commenccd public improvement which may result in special assessmenis or otherwise materially affect the property (b)governmenl agency or COU~ order requiring repair, alteration or correction of any existing condition. ~. EXCEPTIONS TO WARRANTIES AND REPKESENT.4TIONS STATED IN LINES 86TO 91, .- 78 79 80 81 82 83 84 85 86 87 88 87 91 90 93 92 94 95 96 97 9B 99 100 101 102 103 104 106 105 107 108 107 110 111 1u 112 114 115 116 117 118 119 ’ I21 120 123 122 124 125 I 126 127 ~ 129 128 ’ 130 131 132 133 i 134 135 ~ 137 136 138 139 ... 1nle;est. rents. water and hewer use cha~gca and homeowners association assessments shali be proratidas bflhe date ofclosing. Accrued income and expenses. including taxes for iht day of closing. shall accrue t~ Seiler. Generaltaresshallbcproratedalthetimeofclosingbnscdonthenrtgeneraltaxesforthecurrentyear,ifknown,otherwiseonthenetgeneral CAUTION: If property has nut been fully assesed Tor tax purposes. or reassessment ib completed or pending, tax proration shall be on the basis of laxer for the preceding year. $ association has assessed or may assess. estimated sa~ual tax. Make special agreemcnt if area asessment(s) isiare contemplated and/or homeowners assessments. including any contemplated special assessments. shall be paid by Buyer. Special assessments, if any, fcr wurk on site ~tU~lly commenced or levied prior to date of this olfer shall be paid by Seller. All other special written b: a responsible title insura called for by this agreement, except for mortgages. judgments, or other liens which will be satisfied out of the prcxeeds of the sale. A commitment by such a title company, agreeing to isiue such o title policy upon the recording ofthe properdocuments as agreed herein, shall be deemed sulf~cienl performance. Ifthisoffer~rovidesforalandcontract.thesa~neevidenceoftitleshallbefumishedpriortotheexecutionofthelandcontract,andSellershall furnish written prod. at or before closing. that the tolal underlying indebtedness, ifany. is not in excess ofthe proposed balance ofthe land contract, and that the payments on this land contract are suEcienl lo meet all of the obligations of Seller on the underlying indebtedness. be paid to or retained by Seller as liquidated damages. If such money is held by Brokor, Broker shall disburse such money ps follows: Should Buyer fail to carry out this agreement. all money paid hereunder, including any additional earnest money, shall, at the optionofSeller, I. ToBuyer,ifSellerhasnotnotilie~BuycrandBrokerinwritingofSeller’selectiontoconsiderallmoneyp$idhereunderasliquidateddamages or part payment for specilic performance within 60 days of closing date set forth in this agreement. or: 2. ToSellerasliquidateddamages.subjecttodeductionsolBroker’scommissionanddisburremenu,Ifany,if~eilherpartyhascomntencedalaw suit on this matter within I20 Jays of be closing date set forth in this a reement. Should Seller be unable to carry oui this agreement by reason ofa validjegal defect in title which Buyer is hwillingto waive, all money paid hereunder shall be returned to Buyer forthwith. and this conlracl shall be void. !, SPECIAL PROVIS~ONS: I, . . :/.. .. .... .. ...... .. ... ,. ..... .. ... ... ......... ..-. ~.. , ,.. .... buyer has read. fully understands and acknowled es receipt ofa copy ofihk oier to HAS AN AGENCY HtLATIONSHlP WlrH SELBEK. ..... .. . ............ .. . .~. .~~ ...~ buyer has read. fully understands and acknowled es receipt ofa copy ofihk oier to purchase: :BUYER IS DTHATBROKER ~ HAS AN AGENCY HtLATIONSHlP WlrH SELBEK. 0 I ..... 140 THIS OFFER IS HEREBY ACCEPTED. THE WARRANTIES AND REPRESENTATIONS MADE HEREIN SURVIVE THE 142 MENTlONEDPROPERTYONTHETERMSANDCONDITlONSASSETFORTHANDACKNOWLEDGESRECElPTOFACOPY 141 CLOSING OF THIS TRANSACTICN. THE UNDERSIGNED HEREBY AGREES TO SELL AND CONVEY THE ABOVE- -143”OF-N41S-AGR€~NTF. ~” -1 144 . 19 ...... , 145 (Seller) 146 148 EARNEST MONEY RECEIPT 149 Earnest lnoney in the anlotint of$ in form of 1 IO received from 151 The undersigned hereby agrees IO hold same in an authorized real eslate trust 147 (If Seller is married, spouse should sign.) (Seller) ~~. ~ 152 xcount in Wisconsin. or transmit lhe same in accordance with the lerms of the above olfer. 154 153 155 , Broker