CCR1989197ar- , .I
AMENDED
COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #l97-89
RESOLUTION AS TO OFFEK TO PURCHASE
(C. P. Holdings, Lnc.)
BE IT KESOLVED that the Common Council of the City of Muskego,
upon the recommendation of the City's broker and the Finance
Committee, does hereby disapprove the attached Offer to
Purchase (C. P. Holdings, Inc. - Industrial Park Addn. #l) and
does hereby authorize persons to prepare a Counter Offer to
contingency section of the rider which is acceptable to the
include all normal safeguards and a cut off date in the
Broker and the Mayor.
BE IT E'UKTHER KESOLVED that the Mayor and Clerk are authorized
to sign the Counter Offer in the name of the City.
DATED THIS 25th DAY OF July , 1989.
FINANCE COMMITTEE
Ald. Edwin P. Dumke
Ald. Daniel J. Hilt
ATTEST :
City Clerk
7/89
jz
Ald. Harold L. Sanders
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 1989 by and between the City of Muskego, as
Seller, and\Frank P. Crivello, as Buyer.
CP Holdings, Inc..
I. Special imorovements:
A. The purchase price includes the following improvements:
Sanitary sewer and water laterals are at lot line and
will connect to sewer and water at Buyer's expense.
fully paid for and available for use by Buyer. Buyer
Electric and telephone service is available along rear
lot line. Natural gas available in Saturn Drive.
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
hereto.
assigns, shall have no further obligation with respect
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11. It is asreed between Buyer and Seller:
A. The provisions of paragraphs thirteen (13) and fourteen
Industrial Park as originally adopted by the City of
(14) of the Rules and Regulations for the Muskego
Muskego by Resolution #145-70 on July 28, 1970, and
further extended to cover Muskego Industrial Park
Addition #l 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
connection with Buyer's business, that he must first
subject of this Contract and which are not being used in
offer the same to the City for repurchase. The City
shall then have ninety (90) days to act upon said of fer.
, ..
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
copy of the full text of the Rules and Regulations of the
Muskego Industrial Park and that he has read and fully
understands same.
C. The warranty and representation made herein survive the
closing of this transaction.
111. Continuencv
Buyer’s obligation under this Agreement is contingent upon the
execution of a Trade Agreement of even date herewith between
Buyer and Xay-Bee Machine Products, Inc., and the removal of
all contingencies from said Trade Agreement.
SELLER: CITY OF MUSKEG0
By:
Wayne G. Salentine, Mayor -
Date: & 7, / 4.6-7 Date: v
Countersigned:
By :
Jean Marenda, City Clerk
Date:
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Pat4.4:
City of Muskego
Wayne G. Salentine, Mayor tSl4ler1 , l!l. BY: .................................. ..... 1.1s
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Seller'a Socid Security No.
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