CCR1989197COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #l97-89
RESOLUTION AS TO OFFER TO PURCHASE
(C. P. Holdings, Inc.)
BE IT RESOLVED that the Common Council of
upon the recommendation of the City's
Committee, does hereby
Purchase (C. P. Holdings, Inc. - Industr.41 Park Addn. #l) in
the amount of $26,000.00.
BE IT FURTHER RESOLVED that the Mayw and Clerk are authorized i
to sign the Offer in the name
DATED THIS DAY OF
/zn P. Dumke
, 1989.
FINANCE COMMITTEE
/ Ald. Daniel J. Hilt
/ Aid. Harold L. Sanders
ATTEST : /
City C1erY 7/89
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:I IF M:CEPTEI). THIS OFFEI~ CAN CIwxw: A I.EOAI.I.Y ENFOIICEAHI.E CONTRACT. nrrrll PARTIES
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1 5110111.11 READ TlllS 1)OCUMKNT CAItI<FULI.Y AN11 UNIIERSTANI) IT IlEFOHE SIGNING.
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Seller's Sacid Security No.
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RIDER TO OFFER TO PURCHASE
Offer to Purch se attached as if fully incorporated herein and
The following terms and conditions are made a part of the
dated July -2&- 1989 by and between the City of Muskego, as
Seller, andlfrank P. Crivello, as Buyer.
I. Special improvements:
CP Holdings, Inc.,
A. The purchase price includes the following 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 available along rear
lot line. Natural gas available in Saturn Drive. *
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07/20/89-Rid20TP
B. If said streets are not permanently surfaced at the time
of completion of this transaction] said streets when
permanently improved shall be at the expense of the City
and no special assessments with respect to the permanent
improvements of the streets shall be assessed against the
property herein described] and the Buyer, his heirs and
assigns, shall have no further obligation with respect
hereto.
11. It is aqreed between Buver and Seller:
A. The provisions of paragraphs thirteen (13) and fourteen
(14) of the Rules and Regulations for the Muskego
Industrial Park as originally adopted by the City of
Muskego by Resolution #145-70 on July 28, 1970, and
further extended to cover Muskego Industrial Park
Addition #1 on May 27, 1986, are incorpoated herein by
reference as if fully set forth herein. Said provisions
provide in effect that in the event the Buyer should
desire to resell a portion of the premises which are the
subject of this Contract and which are not being used in
connection with Buyer'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.
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B. These provisions shall constitute covenants running with
the land and shall be binding upon the successors and
assigns of the parties hereto and may be included in the
deed which Seller delivers to Buyer in completion of this
transaction. Buyer acknowledges that he has received a
Muskego Industrial Park and that he has read and fully
copy of the full text of the Rules and Regulations of the
understands same.
C. The warranty and representation made herein survive the
closing of this transaction.
111. Continsencv
Buyer's obligation under this Agreement is contingent upon the
execution of a Trade Agreement of even date herewith between
Buyer and Kay-Bee Machine Products, Inc., and the removal of
all contingencies from said Trade Agreement.
BUYER: CP SELLER: CITY OF MUSKEG0
By:
Wayne G. Salentine, Mayor
Date:
Countersigned:
By:
Jean Marenda, City Clerk
Date:
07 j20j89-RidZOTP