CCR1988037i
COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION 1/37-88
ACCEPTANCE OF OFFER TO PURCHASE CITY-OWNED LOT
MUSKEGO INDUSTRIAL PARK ADDN. NO. 1
(Johnson)
WHEREAS, an Offer to Purchase in the amount of $26,000.00 has
been submitted by Richard T. and Bernadette Johnson for Lot 2,
Block 3 in the Muskego Industrial Park Addition No. 1, and
WHEREAS, the Finance Committee and the City's broker have
recommended acceptance of said Offer.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the
City of Muskego, upon recommendation of the Finance Committee,
does hereby accept the Offer to Purchase submitted by Richard
T. and Bernadette Johnson in the amount of $26,000.00 for Lot
2, Block 3 in the Muskego Industrial Park Addition No. 1.
BE IT FURTHER RESOLVED that the Mavor and Clerk are authorized
0 to sign the necessary documents in- the name of the City.
DATED THIS ,93d DAY OF ,Fy /pn,, Am, a 1988.
ATTEST:
1826.n7 (apttonal use date1 3.I.W lmnndnlory UBC <Intel Mllwnuhrc, WIII,
WD-13 VACANT LAND OFFER 1'0 PUHCHASE
Brookf ield ,Wisconsin, ... February ... 18 .... ,19. 88
i
..
2 THE BROKER DRAFTING THIS OFFER IS THE AGENT OF (SELLER) ARIm (Strike as applicable).
SHOULD READ THIS DOCUMENT CAREFULLY AND UNDERSTAND IT REFORE SIGNING.
3 IF ACCEPTED, THIS OFFER CAN CREAPE A LEGALLY ENFORCEABLE CONTRACT. ROTH PARTIES
.......... .... 6 The undersigned Uuyer. .Ri.chatd. .T. .Johnsan. .6 B.ernadette Jahnson
6 hereby offers to purchase the property
7 In the C$.!Y.. ............ of ............................... Muskego County of W.aukesha., .................... Wisconsin,
8 more particularly described as: Lot. .2. Blo.ck. 3,. .Muskego. .Indus.trFal. 1ar.k. Addition. No..l ;par.t ,of theNEk
9 and..the.~16,.af. .the.SU~.nf.SEC.l6.,.and..part..of. .the .NE%.of..the .SEkof. SEC ,17., T5N.,. ,R20E.
.. ,
...........................................................
10 canLaining.1 ... 03.2 acres, .having a .frontage o.f 150. .feet. oo..Saturn.Dzive.
11 at the price of Twenty. .six thousand and. .noj.lO.Q-~.~-~.-::.-:~~~.~~~.~~:.~~.~~~.~~~.~~ Dollars ($.26.,00.0.0.0 .)
12 and on the terms and conditions as follows:
13 Earnest money of$ .500.,00.. .... in the form of . .check. tendered with this offer. A$ditiorndeHHWXb
14 ~~~--~.---.--~.~~~t~~~-~.-----.~-~.~~~.~~~~~~~~~n~~~.~~~.~~dny~~~~~~ee~~n*eK~~~~
15 ..................................................................................... and the balance in cash at closing.
16 Failure of Buyer to make earnest money payments ns provided voids offer nt Seller's option. Earnest money, if held by Ilroky,
17 shall be held in selling broker's trust account rior to acceptance of offer and thereafter in listing broker's trust ilccuunl or untd lied to the urchase rice at closing or dis 1 ursed as rovidcd herein or prr~n~tted by law. 1; ~~;.PREISOFTREESSE~CEASTO:A~~~~~.EAP~HE~~~~~ACCEPTANCE,I.ECALPOSSESSION,
20 OCCUPANCY, DATE OF CLOSING AND AS TO ALL DATES INSERTED IN THIS OFFER EXCEPT: F.liF.-rn-mTr.-T.
21 ~,~~~.~".~~"~~,lT,~~"~T.~~~,~~~~~~~~,~~~,~~~,~~~~~*~~,~~r,~I~.~""n"""~"""""""*""--".
22 THE BUYER'SORI,IGATIONTO CONCI.UDE'THISTRANSACTION ISC0NI)ITIONED UI'ONTHE CONSUMMA'IYON 23 OFTHE FOLLOWING:
24 (If this offer is subject to financing, survey, percolation test, specific zoning or use. approval of recorded building and use 25 restrictions and covenants, or any other contingency. it must be stated here. If none, so statc.)
26 I... .. .This, is a .cash .of.fer. .... ... ....... ........
27 ?... This ,P,tfe.r h.COXi~gent. .vp.Qn. ,Bwer.. at Buy.er's expense,. completing, .a. sub-so.il.
28 ana.~ys.i$..sha~lng..tha.t f.he..so~l..condirions, of .the.subject..real..esrate .are. suf.€icient 6: ,. B.vy.~~!s mle .and. absnlute..discretFan,. This cnoLingency shall. automatically. expire
32 ,. , . . wifhln. ,.ten .(!.O), .deJts. af. .accep.tance. .of. .this. off.er. .unless ,Buye.c notiEies, Sel.ler. ,in
34 nullify. thia.0ffez..
33 wriLing.w.ithin..ten.~.lO)..day perIod..of..Buyer.!s..elact.ion .to .use. .thi.s cont.ingency..to.
35 3.. ..This .Offer Fs farthez. s.ubj.act. to ,Buye.z. r.eceiv.ing .the, necessary .a ........
36 .....
37
and, .spitable fa .permit. .the .cnns.truction. .and ,erection, Lhexeupon .of. the. Inpcovements.
sontemrrlated ,bx .B.uyex.w.ith results..of..such..analysis heing. acceptable .to. Buyar.at.
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......... ......... ..... 40 ........ ..... ........... .........
41 .. ... ............... .... ..... .... ... ...
42 ............................................................. ......... .....
43 ............................. ............
44 ................................ ...... ......
46 ... ...... .................... .. ..... .. .. .. ..
47 Buyer agrees that unless otherwise specified. Buycr will. in good faith. pay,all costs of securing any financing to the extent
48 permitted by !aw. and will perform all acts necessary to expedite such flnanclng.
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... .... I 45 .......................... ..
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49 Includedmthe urchnsepricearesuchofthefollowin ltcmsnsnllly1,eonthepro ertyonthedoteofthisoffer,whichwillhe
51 ADDITIONAL ITEMS INCLUDED IN THE SALE: .None.. . ...... .....................
52
53 ...................... .............
54 ITEMS NOT INCLUDED IN THE SALE: .None,. ................... ........... ..
50 delivered free and c P car of encumbrances: all fixtures; nn s all garden I~ulbs. plants. s
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.... ... .. .. ............. ....... ..... ,.
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Sellershnll,~ onpaymentofthepurchaseprice,conveythepropertybywarrantydeed,orotherconveyanceprovidedheyejn.
58 freeandclearofa~liensandencumbrances,excepting:municipelandzoningordinances,recordedeasementsforpubl~cut~l~t~es 59 tyiy \he prop rt , rec rding build'n and use restrictions and covenants, general taxes levied in the year of closing and
61 andSellershallcompleteandexecutethedocumenlsnecessary torecord theconveyance.(WARNINC: Recorded bullding and use
provided none of the foregoing pruhibjt present use.
62 restrictions and covenants can have material impact on the use of or im rovements to the property.)
63 ThisofferisbindinguponbothpartiesonlyifncopyoftheacceptedoPferisdeposited,postngeorfeesprepaid,intheU.S.nl~i~
e u es an8 jegufations ok %he Muskego Industrial Park as
60 adq~ted,.b~..th~.Cify. ,of. .Huskego. . ... .......
fi4
66
65
E7
68
69
70
71
72
73
74
76
75
or a commercial delivery syste,m. addressed to t%uyer ut 1427. .So.uth .Gr.eenhill. Road ,, New. ,Berlin.. .Wbr by persirtlill
delivcry of the accepted offer to Buyer on pr before .February 26,. 19.88.. ........... Othcrwiuc. this ofkr
is void and all earnest moneyihall be promptly returned to Buyer.
This transaction is to be closed at the office of Buyer's mortgagee or at the olfice of Mooney. .LeSage 6 .Associa.tes.,l
Legal possession of property shall be delivered by Buyer on date of closing.
_.....". -7,.
on or before .M.?Uh. 3.0. ........ ...... 19.88.. . , or at such other time and place as may be agreed in writing.
Tt is understood the property ism-npicd-by .vac.anL .land. ......... ........ ...
~;~t~~nwr~~~~,~~~~~~~~~~,~~T.~~:,l~~,~~~~~,~~~,~~~,~~.~~~~~~,~~~.~~~.-~~.~~-.~~.~~~.~"."~. .
............................................................................................................
Occupancy of .land.. .... ..
H4eHeris~~n~nwprupe~~ ,~srshal~p~yseeuptmcy~atgcoC-$.-T,,T,.,rfte~da~-\~sh
'Phesmrrvf$-r.~~~.~r:.~r.~~~hh~df+amtheparchasepuee-~~~witk-r.~~~r~r.-:Ir.~r~~~n~r--
shall be given to Buyem, at closing
-C9fiatlfC9fiatl-rmt~~b~~~n~~n~~-
" 81
80
82
83
84
85 & 89
!)O
91
92
93
94
95
96
97 98
100 99
In1
In2
1 OD
104
105
106
I OR
IO9
111 112
113
I I4 115 I I6
I 07
I In
4;
120
9
121 122
123 124 125
126
127
I28 129
130
131 132
. 133
134
' I35
136
137
138
139
140
141
142
147
148
149
150
151
152
153
154
155
156
157
158
159
applicable). (Seller warrants)(~d,,,,,,,,-.i~~) (none) (pa+bHe+I) of the property is located in a flood plain (Strike as
applicable).
(Seller warrants)(Maf~oQ-----"---indicnces) (none) (parQNQ of the property is located in a wetland (Strike as
Seller represents thnt the property is zoned L-1. .Indus.trial. Par.k.
Seller warrants and represents to Buyer thnt Seller has no notice or knuwledgc of any: (a)planned or commenced public improvements which may result in special nssessnlentv or otherwise materially affcct the
(bkovernment agency or court order requiring rcpnir. altcrution. or correctiun ufnny existing condition. (c)shoreland or special land use rcgulutlons uffecting tllc prupcrty.
(d)underground storage tanks and the prcscncc ofuny dungcrow or toxic mutcrinls or conditiuns dfecting thc prolrerty.
property.
EXCEPTIONS TO WARRANTIES AND I~EPRESEN'I'ATIONS S'1'A'IXl) IN LINES 80'1'0 90: Except that. .a. Reserv,
Capacity. .Assessment..foz .Sanitar.y Service ..and. .a. Water. Capacity. .Assessment. .does, exist. against
this property.. T.hese. Assessments. .wi.Ll. be. .Buy.er.'.s, obl.igation. .to. .pay. .vhen. .due. .Buyer. .is
~esponsible..fm &he..final..$1.000.00 .oi.cost ta ,install..a.drivrvzy .cu.lvert..for. the .p ro.per.ty ...
................. ........... .. .. ..
Thefollowingitemsshallbeprora~ed'asofthedayofclosing:generaItaxes,rents,waterandsewerusecharges,homeowoers'
essociation assessments fuel end ____________________-_--____----_-_-_-__-_-__-----_------------- ........................................................................................ Any income, taxes, or expenses through the day of closing accruc to Seller. 81
General taxes shall be prorated at the time ofclosing based on the net general taxes fur the current year, if known, otherwisc on the net general taxes for the precedinu year.
CAUTION: Ifproperty has notbe full ns ess d for t~x Ir o< or rcnssessmcnt iscompleted or pending.tax prorntion sllall
beon thebasisof$23..511..per,/ . . estlmatecfnnnuth tux.
other special assessments shall be wid br Buyer. (Caution: Consider 11 swci;ll aureement if Area assessments or homcownere
Specinlassessmenls,ifany,forworkon~iteactuallycommcnccdurlcvicdpriortodatcoftllisoffershallbepnidbySellcr.Al!
"
RousYanJ .df a sksl CP Q%ue
association assessments are contei lated.) -
Seller shall provide to Buyer at {eller's expense at least three (3) business dnyy before closing, Sdkrh-chaimaF.
-t.-ArretrJ(ractaCti~e~~ntlot.rrcJorp~nct~~?r 2. Acommitnlcnt from a title insurailccco~np~~~~y I~ccnscd ill Wiscunaln tcr issue tillc lnsuroncc in thcnlnount
showing title tot 1 e roperty as of a date no more thun I5 days before such title proof is provided to Buyer to be in the cundilion
called for in this o&r, and further subject only to liens which will be paid out of the proceeds uf the closing and standard title
insurance exceptions or abstract certificate limitations. as appropriate. 13uyer shall notify Seller ofany valid objection to title in
writing by closing. Seller shall have a reasonable time, but not cxcccding 15 days. to remove the objections. and closing shall be extended as necessar for this purpose.
1:thisofferprovi x esforalundcontract,priortoexecutionoftl~clandcontractSeller~hallprovidetl~esameevidcnceoftitlcas
requlred above and written proof, at or before execution, that the total underlying indebtedness, if any, is not in excess ofthe goposed balance ofthe land contract. and that the payments on this land contract are sufficient to meet all of the obligations of
If the transaction fails to close and the parties fail to agree on the disposition of earnest money, then earnest money held by broker shall be disbursed as follows: 1. To Buyer, unless Seller notifies Buyer and Broker in writing no latcr than 15 days after the earlier of the Buyer's written demand for return of the earnest money or the date sct fur closing. thnt Seller elccts to consider the earnest money as
2. ToSeller,subjecttoamountspnyul~lctoI~r~~ker,pr~~vi~le~ltl~euI~~~v~n~~tic~is~ivcnandn~itI~erpartycommenccsuI:~wsuit
liquidated damages or portinl payment for specific performance.
on this matter within 30 dnys after rcceipt of thc notice.
of the urchase price upon recording of propcr cloc~~n~c~~ts;
eller on the underlying indebtedness.
In makinu thedisbursement, the broker shall lullow procednres in Scctiun KI. lH.09(4). Wis. Adm. Codc.
Disbursement of earnest money docs not determine the legal riuhts of thc parties in relation tu this agreement.
with this agreement nr prcscnt I)cpertnlcnt of Itcgulntion n~rd I.icellsing regulations cuncerning carnest money.
Both parliesn~rcctohold the l~r~rkcrl~~~rnllcssfr~r~~~ 11ny lialility I'urg~~nrl ftlilll Iliuhllrselllcnti,fcnrnest moncy in wxordiwce
Ifthcprupertyisdnma~cdbyfircorelcn~cntspri~~rtutin~euiclusingin~~~~n~n~~u~~twhiclrexcet.dsfivepcrcenlofthcscllin~pricc.
thiscontraclmaybec~ncelled~~toptionofBuyer.Sl~ouldUuyerelccttocarryouttl~isugrrementd~spitcsucl~damage.Iluycrsl~alI
be entitled to the insurance proceeds relating to damage to prupcrty.
SPECIALPROVISIONS: .See ,Rider.attached. her.eta .whose terms and. .conditians. .are .made. .a. .par%
of..this..Offer..ta.Purchase ,as if f.ully, ..incor.por.ated. herein. ..The ,land .is.pr.asentJ,y.owned.
by. .the, City .of .Muskego .and. curxently .tax. exempt. .. ....
............ ........ ................... .....
.... ...... ............ .............................. .......
SellerandBu eragreetoactingoodfaithandusediligenceincomplelingthe1ermsofthisagreemenl.Thisagreement~inds andjnures to the r7 _enelit of the parties to this agreement and their successors in interest.
............
THIS OFFER IS HEREBY ACCEPTED. THE WARRANTIES AND REPRESENTATIONS MADE HEREIN SURVIVE THE CLOSING OF THIS TRANSACTION. THE UNDERSIGNED HEREBY AGREES TO SELL AND CONVEY THE ABOVE-MENTIONED PROPERTY ON THE TERMS AND CONDITIONS AS SET FORTH AND ACKNOWLEDGES RECEl&~y~F$us~eOp~Y OF THIS AGREEMENT
Dated: ............................. 19. ... .BY.:. ................................ ..... Wayne e. Salentine, Mayor (Scller)
Offer is rejected (Seller initial.) . , . , ... Seller's Social Security No.
Offer is countered (Seller initial.) ................. BY.:. ... .~. .....
Persuant to Resolution#
Muskego Common Council on I"
passed by the Charlotte L. Stewar't, City Clerk (Sellcr)
,.~.. ~
' 1988. scner-~-sm~iTHtTnrl~m~ . ..
This offer was drafted by (Licensee and firm), Anthony. S., Bareta (Mooney. .LeSage. h .Asssnciates,LTD...
It was presented to Seller by ....................................... on .............. 19.. ... nt . .:. .. m.
EARNEST MONEY RECEIPT
Broker acknowledges receipt of initial earnest money as per line line 13 of the ubove offer.
.Mqonoy. Le5,ag.e. ,R .4s,socSaros.,. L.td,. Broker
February. ,la, ., 19. 8.0 -
i
RIDER To OPFBR TO PURCHASE
The following term and conditions are made a part of the Offer to
Purchase attached hereto and dated February 18, 1988 by and between the City
of Muskego, as Seller, and Richard T. Johnson and Bernadette Johnson as
Buyers.
I. Special Improvements:
A. The purchase price includes the folloFing improvements:
Sanitary sewer and water laterals are at lot line and fully paid
for and available for use by Buyer. Buyer will connect to sewer
and water at Buyer's expense. Electric and telephone service is
Drive . available along rear lot line. Natural gas available in Saturn
B.
completion of this transaction, said streets when permanently
If said streets are not permanently Surfaced at the time of the
assessments with respect to the permanent improvements of the
improved shall be at the expense of the City and no special
streets shall be assessed against the property herein described,
and the Buyer, his heirs and assigns, shall have no further
obligation with respect hereto.
!
0
11. It is agreed btween Buyer and Seller:
A. The provisions of paragraphs thirteen (13) and fourteen (14) of
originally adopted by the City of Muskego by Resolution A145-70
the Rules and Regulations for the Muskego Industrial Park as
on July 28, 1970, and further extended to cover Muskego
Industrial Park Addition #l on May 27, 1986, are incorporated
herein by reference as if fully set forth herein. Said
provisions provide in effect that in the event the Buyer should
of this Contract and which are not being used in connection with
desire to resell a portion of the premises which are the subject
BUyeK'S business, that he must first offer the same to the City
for repurchase. The City shall then have ninety (90) days to
act upon said offer.
parties hereto and may be included in the deed which Seller
land and shall be binding upon the successors and assigns oE the
delivers to Buyer in completion of this transaction. Buyer
acknowledges that he has received a copy of the full text of the
Rules and Regulations of the Muskego Industrial Park and that he
has read and fully understands same.
of this transaction.
B. These provisions shall constitute covenants running with the
C. The warranty and representation made herein survive the closing
BUYER: SELLER: CITY OF MUSKEGO
BY: &&d/ ,p* / .QLp,,,
Richard T. JBhnson
By:
Wayne G. Salentine, Mayor
"
I 0361 21888
Date: