CCR1991260COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #260-91
RESOLUTION AS TO OFFER TO PURCHASE
(Industrial Park Addn. -- Dalal)
BE IT RESOLVED that the Common Council of the City of Muskego,
upon the recommendation of the City's broker and the Finance
Committee, does hereby approve the attached Offer to Purchase
(Industrial Park Addn. -- Dalal) for a one-acre parcel in the
City's Industrial Park (Exhibit A) for a price of $28,000 to be
accepted on or before October 25, 1991.
BE IT FURTHER RESOLVED that the Mayor and Clerk are authorized
approved by the City Attorney.
to sign the necessary documents in the name of the City if
BE IT FURTHER RESOLVED that the City Engineers are hereby
directed to prepare the appropriate Certified Survey Map.
DATED THIS 22ND DAY OF OCTOBER , 1991.
SPONSORED BY:
FINANCE COMMITTEE
Ald. Daniel J. Hilt
Ald. Edwin P. Dumke
Ald. Harold L. Sanders
a
This is to certify that this is a true and accurate copy of
Resolution #260-91 which was adopted by the Common Council of
the City of Muskego. 0
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City of Muskego
RIDER TO OFFER TO PURCHASE
The following terms and conditions are made a part of the Offer to Purchase attached
as if fully incorporated therein and dated October 10, 1991 by and between the City of
Muskego, as Seller, and Samir Dalal and Antoinette Dalal, as Buyer.
1. Special Improvements:
A. The purchase price includcb the following improvements:
Sanitary sewer and T’ water laterals are at lot line and fully paid and available
for use by Buyer. Buyer will connect to sewer and water at Buyer’s expense.
Electric and telephone service is available along lot line. Natural gas is
available in adjacent Drive.
B. If said streets are not permanently surfaced at the time of the 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 agreed between Buyer and Seller:
A. The provisions of paragraphs thirteen (13) and fourteen (14) of the Rules and
Regulations for the hluskego 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 incorporated
herein by reference as if fully set forth herein. Said provisions provided 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 IO the City
for repurchase. The City shall then have ninety (90) days to act upon said
offer.
U. These provisions shall coIIstitute covenants running with the land and shall be
hinding 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 hull texi 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. Contingencies
A. This offer is subject to Buyer receiving a written commitment for financing from
a financial institution for an amount not to exceed 80% of the total COSI of the
exceed prime rote plus two percent for a term of not less than fifteen years.
land and proposed improvements for the parcel, at an interest rate not to
B. This offer is contingeni upon Buyer, at Buyer’s expense, completing a sub-soil
analysis showing that the soil conditions of the subject real estate are sufficient
and suitable to permit the construction and erection thereupon of the
acceptable to Uuyer at Uuyer’s sole and absolute discretion. This contingency
improvenlents cmtenlplated by Buyer with the results of such analysis being
shall automatically expire within 30 days of the acceptance of this Offer unless
use this contingency to nullify this Offer.
Buyer notifies Seller in writing within the 30 day period of Buyer‘s election to
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C. This Offer is contingent upon Buyer receiving approval from the City of
property.
Muskego for obtaining a retail automobile dealership license for the subject
D. This Offer is contingent upon Buyer receiving approval from the City of
Muskego for the proposed improvements including planning commission
approval, zoning approval. and occupancy permit approval for the planned use
of a auto hody rcpair fxility.
E. Timing. The above contingeilcirs A. C, and D must be satisfied or waived in
writing by Buyer to Seller within YO days of acceptance of this Offer or this
Offer shall be null and void and all earnest money shall be returned forthwith.
BUYER. SELLER ClTY OF MUSKEG0
Wayne G. Salentine, Mayor
By:
BY: dfhiZ@ L. &-et
ntoinette Dalal
Date: 1 (j . LY .q I Date:
Countersigned:
Jean K. Marenda. City Clerk
By:
dalalxid
Date:
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