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CCR1989134COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION 11134-89 APPROVAL OF ASSIGNMENT OF OFFER TO PURCHASE CITY-OWNED PROPERTY (MCSHANE) WHEREAS, Resolution 1160-89, as amended, authorized the acceptance of a counter offer with regard to the sale of the city-owned McShane property to Reuss Construction Co., Inc. at a price of $102,800.00, and WHEREAS, Reuss Construction Co., Inc. has requested the assignment of this counter-offer to West Lake Development, and WHEREAS, the Finance Committee has recommended approval of the assignment as attached. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby approve the assignment as attached, for the sale of the city-owned McShane property to West Lake Development. .. DATED THIS 9th DAY OF May 3 1989. FINANCE COMMITTEE Ald. Edwin P. Dumke Ald. Daniel J. Hilt ATTEST : City Clerk 5/89 jz ASBIGNMENT THIS AGREEMENT has been entered itit0 this 8 day of + , 1989 by and between REUSS CONSTRUCTION CO., INC. (ttAssignortt) and WEST LAKE DEVELOPMENT, a Wisconsin Partnership (ItAssigneett) for good and valuable consideration. Assignor does hereby assign all of its right, title and interest in and to and under Offer to Purchase Vacant Land dated March 7, 1989, and Counteroffer dated March 27, 1989 with respect to property described as Lot 1 of Certified Survey Map #5709, recorded on December 15, 1988, in Volume 46 of Certified Survey Maps, on Pages 213-216, as Document No. 1514789, being a part of the Northwest 1/4 of the Southwest 1/4 of Section 12, T5N, R20E, City of Muskego, County of Kaukesha, State of Wisconsin, now owned by the City of Muskego. .. , In consideration of the receipt of said assignment, Assignee does hereby assume all liabilities, duties and responsibilities pursuant to the aforesaid Offer to Purchase and CounteroEfer. REUSS CONSTRUCTION CO., INC. WEST LAKE DEVELOPIIENT (52dQyAu Rudolph Raab, Partner J