Loading...
CCR1992164AMENDED COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #164-92 DISAPPROVAL OF OFFER TO PURCHASE City-Owned Property on Ruby Drive WHEREAS, two Offers to Purchase the City-owned property described as Lot 62, Block 20, Jewel Crest Subdivison, located on Ruby Drive were received; and WHEREAS, one offer was submitted by Thomas Harr in the amount of the amount of $8,000.00; and $7,000.00 and one offer was submitted by Alan & Suzanne Arndt in WHEREAS, the Finance Committee reviewed both offers and recommends a Counter-Offer be made to the Arndt's. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby disapprove the attached Offer-to-Purchase Alan E, Suzanne Arndt. the City-owned lot on Ruby Drive in the amount of $8,000.00 from BE IT FURTHER RESOLVED that the City Attorney is hereby directed to prepare a Counter-Offer to the Arndt's to include information as shown on the draft of Exhibit "1" attached and making clear that the transaction will be null and void unless buyers are successful with the purchase of Lot 61, Jewel Crest Subdivision. BE IT FURTHER RESOLVED that the Mayor and Clerk are hereby authorized to sign said Counter-Offer. DATED THIS 23RD DAY OF JUNE , 1992. SPONSORED BY: FINANCE COMMITTEE Ald. Patrick A. Patterson Ald. Edwin P. Dumke Ald. David D. Sanders This is to certify that this is a true and accurate copy of Resolution #164-92 which was adopted by the Common Council of the City of Muskego. 6/92cac \ '\ COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #164-92 DISAPPROVAL OF OFFER TO PURCHASE ity-Owned Property on Ruby Drive WHEREAS, two Offers Purchase the City-owned property described as Lot 20, Jewel Crest Subdivison, located on Ruby Drive WHEREAS, one Harr in the amount of $7,000.00 and by Alan & Suzanne Arndt in WHEREAS, the both offers and recommends a Arndt's. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the the amount of City of Muskego, upon the of the Finance Committee, does hereby Offer-to-Purchase the City-owned lot on of $8,000.00 from BE IT FURTHER RESOLVED is hereby directed to prepare a information Alan h Suzanne Arndt. as shown on the draft of Exhibit "1" aktached. BE IT FURTHER RESOLVED that the Mayor and Clerk are hereby authorized to sign said Counter-Offer. DATED THIS DAY OF , \ 1992. \ \ Ald. Edwin P. hmke This is to certify that this Resolution #164-92 which was the City of Muskego. 6/92cac .. June 4, 1992, of ALAN H. ARNDT and SUZANNE A. ARNDT, his wife, for This addendum is a part of the Offer to Purchase dated the vacant lot on Ruby Drive in the City of Muskego, identified as Lot 62, Block 20, Jewel Crest. 1. PURCHASE OF LOT 61. BLOCK 20, JEWEL CREST: This offer is contingent upon the purchase and successful closing of Lot 61, Block 20, Jewel Crest, City of Muskego, Waukesha County, Wisconsin, on or before September 30, 1992. In the event Buyers are unable to enter into a purchase contract, obtain required approvals, and/or close on Lot 61, Block 20, Jewel Crest, within the time specified above, this offer shall become null and void and Seller shall return all earnest money to the Buyers. 2. APPROVALS: This offer is contingent upon the Buyers, at government agencies, including but not limited to the Wisconsin their expense, obtaining the approvals required from all concerned Department of Natural Resources, indicating that the subject lot is buildable and that Buyers have approval to construct a single- family residence and garage on either Lot 61 and/or Lot 62, Block 20, Jewel Crest, at any time subsequent to Buyers receipt of such approvals. In the event Buyers are unable to obtain such approvals by August 31, 1992, Buyers, at their option, may declare this offer null and void and Seller shall return all earnest money to the Buyers. 0. ZONING VARIANCE: This offer is contingent upon Buyers, at variance from the front setback restriction of 40' to 25' feet on their expense, obtaining approval from the City of Muskego for a both Lots 61 and 62, Block 20, Jewel Crest, Muskego, Wisconsin. In the event Buyers are unable to obtain such approval by August 31, 1992, Buyers, at their option, may declare this offer null and void and Seller shall return all earnest money to the Buyers. Seller Seller Seller Seller JUN-23-92 TUE 18 : 25 fir er,zMo I t. er Macr SR i Q f I c 1. 2. 3. 4. 5. 6. .- 'EXHIBIT "1" , (CITY OF MUSKEGO/ARNDT) Lines 67 and 68 are deleted and replaced with the following: "This transaction i~s to be closed at the office of the Buyers' mortgagee o:c at the office of Muakego City Hall on or before the day of , 1992 or at such other time and placc as may be agreed in writing." Lines 91 through 95 are amended to read as follows: "EXCEPTIONS TO WARRANTIES AND REPRESENTATIONS STATED IN LINES 80 TO 90: Tht? Seller makes absolutely no warranty or representation as to the suitability of the lot for building purpoees including, but not limited to, the adequacy of the representations as to the suitability of the property in soils for building and the Seller makes no warranties or question for construction of a water well. It is the Seller's understanding that the Buyers have investigated these matters and are satisfied with the condition.'' Lines 103 through 105 are deleted and replaced with the following: Buyers are aware thcLt there is in existence a deferred Bewer "All special assessments, if any, shall be paid by Buyers. reserve capacity assessment on said property and the payment of the same shall be the Buyers' responsibility." The contingency date! contained in Addendum "A" be changed from "on or before September 30, 1992" to "on or , No. 1 , shall before the day of , 1992". The Contingency date! contained in Addendum "A", No. 2, shall be changed from "August 31, 1992" to "the day of , 1992". The contingency date! contained in Addendum "A", No. 3, shall be changed from "August 31, 1992" to "the day of , 1992".