CCR2001078COMMON COUNCIL -CITY OF MUSKEG0
RESOLUTION #78-2001
OFFER TO PURCHASE
Pioneer Drive Property
BE IT RESOLVED That the Common Council of the City of Muskego does hereby
authorize the execution of the attached Offer to Purchase for property adjacent to the
parks headquarters building on Pioneer Drive contingent on the Plan Commission of the
City of Muskego making a favorable recommendation as to the acquisition.
BE IT FURTHER RESOLVED That the Mayor is authorized to make necessary
technical changes, if needed, in consultation with the City Attorney to facilitate timely
execution of the Offer and closing documents.
BE IT FURTHER RESOLVED That the Mayor and Clerk-Treasurer are authorized to
sign the Offer to Purchase, and necessary closing documents, in the name of the City
and to extend the acceptance and/or closing dates, if necessary.
DATEDTHIS 24TH DAY OF April ,2001
SPONSORED BY:
David L. De Angelis, Mayor
This is to certify that this is a true and accurate copy of Resolution #78-2001 which was
adopted by the Common Council of the City of Muskego.
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5 Vhscnsin Jnsen additicnal descnpuon. If any, at lires !80 - 186,318 - 321 or amch as an addendum per line 316). on t?e icllowir,g terms:
F~RC~ASE RICE: Fift.,-Wine Thocsand Vine FIundred and No/lOO--------------------------- - ............................. Dollars ($ 59, CC0. 00" ""-"" - -""" ),
3 s %A2NES MONEY ci SC accompanies this Offer and earnest money of 5 n/a
3 viil :e :aid wlrhin n./: days si aczaptancs.
:'1 n Thf SAL4NCE OF P'JRCHASE PXCC will be pald in cash or equivalent at clcs;rg unless CtherNise ;rovided below.
:: m ACCITiONAL ITEHS iNCL2CED lN FURCHASE FR!CE: Seller snall include in rhe purchase pice and transfer, irPe and c!ear
12 oi ?ncumorancas. all fixtures. as defined at lines 124 - 132 and as may be on the P:cpeny on the dale of this Offer. urless exclcded
15 ~t~~~esl~.l6,andthe~ollowi~gadditio~alitems:~~l personal oKooertv IDc?'te? on the 3rSmises
:J C1 ;'12 t2.J of , 2001.
:3 1;us NCT INCLCCED iN THE FURCHASE ?WE: none .~
1; !mi Acmptance ocm when all Suyers and Se!lers nave signed an idenrical copy of he Offer, inc!uding slgratures on
:a seprzte :ut Identical ccpies of he Cffer. CAUTION: Cesdlines in the Offer are cmmcnly calculated born acceptance. Cansider
29 ~ alNOlNG ACCEi'TANCE 1 Thls mer is blnaing upon both Parties only if a COPY of the acceoted Cifer IS delivered to Buyer on or
;9 vherher short :erm deadlines running from Jcceptance provide adequate :ime form binding acceptance and performance.
?I beior?
2: l7ELIVE.W OF DOCUMENX AND 'NRIEEH NOTICES j !Mess otherfise stated In :his Offer. deiiver/ of documents and 'Nntten notices
CAUTION: This Offer may be withdrawn prior to delivery of the accepted Offer.
23 IO a .=any shall be eifecrlve only wnen accomplisned by one of the methods specified at lines 24 - 33.
11 1.i) Sy delositing the documenr or wnnen notice qosrage or fees prepald in the U.S. Mail or fees prepald or charged to an account
25 ,with 3 commercial deliver1 Sewtce. addressed either to :he Party or :o the Party's recrpient for delivery designated at lines 2i or
25 :9 jif any! :cr aeliver] !o :he ?aw's delivery adcress at lines 28 or 30.
i; Seller's recpent for Celiverl (optional): Dick Cl:c!c
28 Se1ler;deltveryaddress: EZltv E:ec,Jti.Jes, 5428 South 108th Street, Hales CoKnSrS. 51 53130
29 Eper's reciptenr forcelivery (oplional): Yavnr Cavi< L. De 4nclelis
30 S~~,er';deliveryaddress: Ti FS, af M~!~P-'o, P.D. Bcx 749, MuSk?ZO, WI 53150-0749
31 (2)Zy SWng he dcwment cr 'wriiter nobe FeeMnaity to ihePaity.or the Party's replent fordeliver/ f an Incivldual is designared at !ines27cr 29
3; (3'Ey :ax transmlsslon of the docdment or wr;nen notice to the following telephone number
:J I 3CZ3PA'lCY 1 Ccz-parq of the entire ?ropeQ shail ne Given lo Buyer at lime oi closing unless orhenvise provlded !n *IS Mer (lines
35 25: ::,rough 297). A: he of Suyer'; cccupancj. ??pew sr,all be free of all debris and personai propeq except for PeEOnal proFern/
i6 Je!cr,clr.s to cdrrent tenants. or that wid to Guver or iert wlth Euyer's consent. kupanq shall be given Subject to ienanr's 5gntS. if any.
:a lease(s; and transfer all sewnty deposits and prepald rents thereunder to Buyer at c!osing. Tne terms of the (written) (oral) [STFllKE CNE I
3: 1 LEASED PROPERTY I If Prccemy is currer.tly 'eased and lease@) extend beyond dcsing. Seller shall assign Sellers rights under said
29 IeasaIs). If any. areblo t-qapts oc
10 [ REYTAL WEATHEAIZATIONJ T%%$&ad~h~i$?$$$&t%lRIKE ONE! exempt from Stare of Wisconsin Rental Weathenzation
cl;~v this orooerty-it is vacant; no vrittzn or oral leases .
41 Stancards (\,Vis. Admin. Code Comm 67). If not exempt, (Buyer) (Seller) [STRIKE ONE1 will Se responsible for COmpliar?Ce.
4: ?LACE OF CLOSiNG1Tiis iransactlon IS ;o be closed at the
1: 1rcLeirg all c!x:s. If Seller is responsible for compliance. Seller shall provide a Certificate cf Compliance at c!osing.
44 no later than unless another date or place is agreed to in writing.
15 I CLJSING PRORATIOHSJ The following items Shall >e prorated a1 c!osing: real esate taxes. recls, water and sewer use charses.
46 r,ar:aSe pick-up ancf tther prlvate and munlcipai c?,arges. propefif owner's asscciation assessrnenrs. fuel and none
4: Any income, taxes or expenses shall accrue to Seller, and be prorated, througn the day
48 ,mor io ciosing. Net general real estate taxes snail be prorated based on (the net general real estate taxes for the current year. if
15 kncwn. otherwise on !he net ger,eral real estate !axes for th.e preceding year) (
3 ). STRIKE ANC COMPLETE AS APPLlCAaLE ~
jl CAUTICN: If proration on the basis of net general real estate taxes is not acceptable (for example. completedlpending
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j3 zc.!er:( 252 ) 679-5630 Seller. ( 252 ) 797-7929
E!uske3o Citv Hall
32 r2assessment. changi,?g mill rate. lonerf credits), inser! estimated annual tax or other formula for proration.
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If 'Tme is of the Essence' applies
. If 'Time is of the Essence' does
::O DATES AND DEADLINESI Deadlines expressed as a number of 'days' from an event, such as acceptance, are Calculated by
'J1 exc:uclrg :he say the avent occurred and by counting subsequert calendar days. The deadlire expires at midnight on the last day,
.-L 3ezclires 5x;ressed as a specific number of "business days' exc!ude Saturdays, Sundays. any legal public holiday urder
:X ':/Iscsns;n sr Federal law, and other day designated by the Fresldent such that the postal serilce does not recelve reglstered
: 2- cr $axe rqhr deliveries on that day. Deadlines excressed as a specific number cf "hours' from the occurrence of an event, such
1.15 zxcressec as a soeclfic day of the calendar year or as the day oi a specific event. such as closing. expire at midnight of that day.
2: 2s -ece!;t 3 a %lice. are calculated from the exac! tlme of !he event. and by counting 24 hours per calendar day. Deadlires
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.IS 2L3 iiNANCiNG C3NTINGENCY: This Offer is contincjent upcn 3uyer belng able to obtain a
;z .SSE.?: .3PN "5GGFUM CR SCURCE 1 first rnccgase loan mmQhenl as descnbed below, within __ dap of acceptance oi 'his Mer.
for a term qi not less than - years,
_L arxrized Over not !ess than ~ years. Initial mcnthly payme% of princ;pal and interest shall not exced 3
!53 ?lcrt>,ly ?;'!me% may also inc!ude 1112th ci the estimated ne! annual real estate taxes, hizxd insurance premiums. and ;rivata
153 excaed 'A of the loan. (Loan fee refers to discount points andlor loan origination fee. but GOES NOT include Buyer's
A cther ciosirg CCS:~.! !f *e purchase pnce under thls ORer is mdied. ae financed amount, unless OtkerNiSe provided. shall be adjusted
I:: !o !:e ;ar,e cer~xtaqe of the purchase price as in this wntingencf and the monthly payments shall oe adjusted as necessary to mainrain
:t3 - FIXE9 RATE FINANCING: The annual rate of interest shall not exceed
#d - ACJUS7AaLE RATE FINANCING: The Indial anctial :nterest rate snall not exceed ?I.. The initial interest rate shall
;, ;e 'Ixec 'cr months, at ,NniCh tlme the interest rate may be 1nc:eased not more than 96 per year. The
lj2 ,nax!nl;n :cierest :ate durmg the -norlgacje term shall not exceed
'5: ;e 2cis:ed 10 :ellec: ir,terest c5anses.
%. Monthly payments of principal and meres: may
:e: L3;N ::.E.IE.il-LtEVIT €!Eyer asrees :o pay ail cus:omar, ;inarcing cosls (inc!uding c!csirg feesl. lo appiy for finannng promptly, and
~ 56 irarc:r.s acc-.sracie IO 6uyer. Suyer agrees IO deliver to Seller a copy of Lhe wMen !oan commitment no later than the deadline icr !can
c, :o ,:rovlce +~cerc~ oi acpiicatlon promptly upcn reques: 51, Seller If Buyer qualies fcr he financing desclbed in this mer cr omer
x-r,:tr,e?,l at :ir,e 150 Buyer's deliverj of a copy of any wntten loan commibnent to Seller (even if subject to conditions) shall satis@
:ia Lhe Zuyer's hancing contingency unless accompanied by a notice of unacceptabiliw. CdUTfON: BUYER. BUYER'S LENDEFUND
:X bPPSOVAL OR UNLESS ACCOMPANIED BYA NOTtCE OF UNACCEPTABIUTY.
:iiS AG3T.S OF BUYER OR SELLER SHOULD NOT DELIVEF? A LOAN COMMITMENT TO SELLER WTHOUT BUYER'S PRIOR
! 7: Seller eeiivers a wr;tten notlce of termmalion to Buyer prior :o Ssller's actual recelpt of a copy of Buyer's written loan commitment.
2- If Euyer does not make tlmely deliver! of sald commitment. Seller may terminate this Offer if
:i3 ;lNP>rC:PIG IJNAVAII-ABILITY: If 2nanc;ng is not avalla9le on Ihe terms staled in this Offer (and Buyer has not already
-4 deivered ac aczestacle loan commitment for other rinancng to Seller), Buyer mall ?romplly deliver wntten notice to Seller of Same
-2 .rci~E:r.~ 3~pe.s .2i lender(s)' -ejec:ion letterjs) ir other ewdence of unavailability. Unless a speclfic loan source is named in !his
, 7 Si%. Ss!ler xzl! :hen have 10 days to give Zuyer 'NrInen rot~ce ci Seller's decision to finsfice this transaction on the same terms
!T ;e! :cnh :r. :tk Gffer. and this Offer shall remaln in full force and effect, w~th the :me for closing extended accordingly. If Seller's
173 ?ct:c? is ,:ct Lirnelv civen. ;his Offer shall be null and vcid. Buver authorizes Seller to obtain any credit information reasonably
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: 2: THE F!NANC:NG CONTINGENCY PROVISICNS AT LINES 149. 163 ARE A PART OF Tills OFF3 IF L!NE 149 IS MARKEJ,
- SUCH AS WITH AN "X THEY ARE NOT PAKT CF THIS CFiE.S IF UNE 149 IS MARKE3NIA OR IS NOT 8WARKEJ.
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-.e 5nanc:rg selec:ed snall be in an amount of not less than S . i_
1;. .-- ncfiqace ,rsxar.ce premlums. The mortgage may not include a prepayment premlum. Buyer agrees to pay a loan fee not to
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+,e :em ar.6 ar;cr,ization stated acove. CHECK AND COMPL.5 APPLICABLE FINWCING PROVISION AT LINE 159 OR 163. -
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::3 ap9rapriate :o det&me 3uyer.s credit worthiness for Seller financing.
!30 'A-1 SPllPr $hall PYPCI.&?~ t.hP ' ' . .' '
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"-de
131 ' ociqinal oE the attached documents at.
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t as
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188 m C3NVEYANCE OF TITLE: Upon payment of the purchase price, Seller shall convey the Property by warranty deed (Or
!ai ,TITLE EVIDENCE
:39 other conveyance as provided herein) free and clear 31 ail !ier,s and encumbrances, except: municipal and zoning ordinances
!SO and aqeemen!s entered under them, recorced easements for !he distribution of utility and munlcipal services, recorded buildlng
1'31 and Lse ;?stnc:~ons and covenants. general taxes levied ~n the year of closingXPIL
(prcvided none
of Ihe 'oreqolng Frohibit :resent use of the Property). which Constitutes merchantable tltle for purposes of this transaction. Seller
furher aq?es Io complete and execute the documents nect?ssar/ to record the conveyance. WARNING: Municipal and Zoning
ordinancps, recxded building and use restrictions, covenants 3nd easements may prohibit certain improvemenls or uses and therefore
735 should be reviewed. prficularly if Supr contemplates making improvements to Property or a use other lhan the current use.
19i . FORM OF TiTLE EVIDENCE: Seller shall give evidence of !Itle in the rorm of an owner's policy of title insurance in the amOUn!
:?E sf !he Jurchase price on a current ALTA form issued by an insurer licensed to wnte title insurancz in Wisconsin.*CAUTION: IF TITLE
139 CWOEIVCE WILL 9E GIVEN NYA8STRACT, STr7KE TITLE INSURANCE PROVISIONS AND INSERT ABSTRACT PROVISIONS. *inciudin.; gap coverage
including sa;, covera e
200 . PROVISION OF MEXHANTAaLE TITLF: Seller sh Page 4 25. wB-11
201 evidence shall be acceptable if the commltment !or the
f providing title evidence/For purposes of closing, title
292 lhan 3 Cuslness days beicre closing, showing tille io the
ance is delivered to auyer's attorney or Buyer less
203 evldence to be mermantable. subject only to liens wnlch
date no more !han i5 days before delivery of such title
01 the prcceeds of c!csing aPd standard title insurance
204 requirements and exceotions. as appropriate. CAUTION:
205 THE TITLE COMMITMENT PRIOR TO CLOSING ORA "GAP ENCORSEMENT" WiiICH WOULD INSURE OVER LIENS FILED LD CONSIDER UPDATING THE EFFECTIVE DATE OF
2% ,PETHEEN THE EFFECTIVE DATE OF THE COMMIT.UENTAND THE CATE THE DEED IS XCORDED. e
20; a TtTLI lCCE?7,A81 = 7CR CLOSING: If tllle is XI ac:eztacle ior cicsing. Euyer shail notify Saller in 'wnting ci objec:ions :O title aa ky ::e :me set :cr clcslrg. In suc'l event. Seller s?,ail 2a.e a reascnabie !ice. 2ur rot exceedin5 is days. :o :emcve :he cbjec:icns,
209 ard %e tine for c!csirg skail be ex:ended 3s recessarJ lor !h%s puccse. !n the event that S2iler is y.?able :c remove said
2:n cb!ec:lcns. Buyer shall have 5 days from recpipt cf notlce :herecf. Io deitver written notice 'waiving :he cojec:icns. ard the !ime for
2!; ctosins snail be extended acccrdingly. If Buyer cces nct waive the ocjecilons, this Offer Snail be null and void. Providing iiile
ev!der.ce acce~laole for clcsins dces nor exrlnguis:. Seller's ocligations io gwe mercnanrabie title !o 3uyer.
1!J ;e ;ac :y Sdlier r.0 iater Lhan :!cs1n5. Ail ctker special assasxents shail 3e i;ald by Cuyer. CAUTiCN: Cmsider a special agreement
m SEZIAL ASSESSL,IEVITZ: Spec:al asiessmen[s. if any. icr wcrx acually "mmenced .)r IevleS pnor :o date ai :hs Cffer saail
2: 5 !f 3r?3 ~ssessmenfs, prcperty owner's asscc:aricn 3ssesmen:s ~r clher rxpnses are conlemplafed. "Cther exFenses" are xe-time cxrses
?15. :r cr,gcq 'Jse fees for ;uCiic im?rcvements (crher thar: !hcse resultir,g :n scecial assessments) re2tir.g !o Cirr3, gllter, street.
I!' silewaik. sar:tary 3r.l stcrmwaIer and storm sewer !including all sewer mains and ~CCK-CD and ir.lerceDlor c>arges), parks. s:reet
2:s !ionrinS snd street lrees. 2n.C iEoaCt fees ior olher ?ubi!c iac!iities. as defined In L'lis. Skat. $66.%(l)(c) J !.fj.
?I9 , JiliVC3V!Riiil?T] Lnies; clhewise jiaed :n ZHsr. En:, sisned icc;r,ert transmiitec Z:I facsimiie macnlne (fax: snail be trea!ed
X1 in all ,-ar,ner arx !escec:s 3s an ~n51na1 lccxcent ;no rhe s;gr;aiure si my ;any upcn a dccmenr irarsmlned by fax shall be ?: cxsdersd 311 crqnal sqarure. .??rscpai :e!iver/ :o, or xLal :ecaipi 3y. any named 3uyer cr Seiler :cns;irdies ;erscnal deiiver! io.
?:? cr 3c:~tl :ecslcr :? ?.cver .x Sellar Cnca rxeived. 2 m:ca ~j~.not >e ,Nirhdrawn c:/ !he ?;ny deIi.,er;n5 the zclica wllhcut :he cznsenr
223 oi :he ?a*! receiv~ng :he rotice A =any may not -nilaterill:/ reinstate a c2nr1ngenc:~ afkr a "Ollce cf a rontincency ..vaiver has been
224 recelvec 2y tt.e Gther ?my The deiiveryreceipt provisions in !his Cffer may be moaified wnen ~pprcpcate (e.g.. nhen mail ceiivery is not desirable
25 (see lims 24. 30) or .#ken a parq ,mlil ncrt 2e personally availacle to receive a notice [see line 286)). Suyer and S-eiler authcnze ihe agents of
227 ser/ic? ?rcviders for the Irar.sac!icn as 4efined b:~ !he 2eai Esate Se!tlement Prccedures Act (RESF.4). :-5 Euyer xd Sailer :c disinixle iacies of :he Cffer :o 3uyer'j :ender. accraisen. ;ille irsurance mn?anles and any orher senlemert
?:s I 3EWIL: Seller and Buver ?aci have !he legal duly !o use 5cod faith and due diligence ;n cZmoleting tke terms and candilions
;y oi :tx Xer. A naterial :ahre :o ;er?orm any acllgatlon mder ths 9ffer IS a default,Nhich may sub!ect [he eeiaultirg party to :iabilip,
230 fcr cama5es or other IeGai remedies.
:?: If 3Lwr 5eiaults. Seller may'
2:2 (I! sue :cr scec:fic ?e<cr-arca and :e;ues: !be earnest money as 3afiial ?aynent 31 !be purc.?ase ~lrce: cr
?;3 i;l iemlnate Ihe Cffer and have the coricn :c. la: recuest te earrest mcnev as :icu!daled damaces. cr (bl direct Brcker tc
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% (2) ;emmate the Offer and reauest !he return of !he earnest money, sue for actual damages. or Solh
(1 I sue for specific periormance: or
228 In addition. the Parties may seek any other remedies avallable In law or equity
240 discretion of the cnuns. If either Fan/ 3efaulls. the Panles mav reneacliate the Offer or seek noniudicial disoute resclution instead
239 Tze Panles understand :hat :he avallabllily oi any judicial remedy .will depend upon the cirmmstances cf the sttuation and the
~JI ci :he :efnecles outlined acove. Ey asrseing to blnding arsitsation. t6e Panies may lose :he righi to litigare'in a court of law those
2.12 clsputes cavered Sy the arblrralion asreement.
213 NOTE: IF 4CCE?TE2. ThIS OFT3 CAN CREATE A LEGdLLV ENFSRCEAELE CONTFlACT @Or3 PAFiilES SeOUL3 READ THIS COCUME?IT
244 CAtiCibL!'I WiOKE.3 MAY PROWDE .I ENE3AL EPLANAT13N CF THE PF.OVISICNS CF THE QFF3 31;T AEE ?FICPIBITEEI 5Y LAW 540M
245 GIVING ADVICE OR SPINIONS CCNCi9NING YOUR LEGAL GIGHTS CNCER THIS CFFE3 OR HCW TITLE SdGULD aE TAKEN AT CLOSING. PN
2.16 ,ATXRNE! ZiOUL3 EE Ci2NCiiLTZ !F LEGALIZVICE IS NEEZE3.
2.17 I E.ARNEST MONEY 1
248 I PF' Q 2" Unless othewise agreed. earnest 7,crey shall be paid to and neld in :he txst acxurt sf :he listing broker (buyer's
249 agent if PropeQ IS not listed or Seller's acc~unt if 50 broker is involved), until applied !o purchase pice or otherwise disbursed as
250 orovlded in the Offer. CAUXN: Should 5)ersons other aan a broker hold eamesf monev. an escrow aareement should be draped bv the P3rties
?51 bran anorney. If someone other than aoyer makes payment of Carnest money, consider ;special disbukment agreement
252 I CISBURSEtvtEN': If negct~ations 20 not result in an accepted offer, the earnest money shall be promptly disbursed (aiter
253 clearance from payor's de?csitor/ ins:lturion if earyest ,zcney is paid by check) to :he ?erscr(sj .who paid :he earnest money. At
254 clcsins, ?ameSt mopey Wall te lisoursed acccrcir,g to :he c!csir;g s:atement. If !his Offer Cces r.01 CIose, the earnest mcney shall
255 be disxrsed accarding :c a Miiten oisbursement agreement signed oy all 2anles !o thls Cffer (hole: Wis Adm. Code s. RL
256 la.GS( ?;(b) prcvldes ;hat an sffer IC purchase IS ncr a wrinen dlsbursement asreemem pursuant :o .NhiC?. the broker may cisburse).
257 If ad .<lsxrsenent aqr?ment ?,as ncr 2een dell,vered :o broker wlthln 60 days after tke date ser icr clcsirg, brcker may disburse
2% !he earrest mcr.e:,: (1 ) as directed j? an attcrr.ey who has reviewed the transac!ion and dces not represent 6uyer or Seller: (2)
253 ;nrc a ccun hearing a lawsuit involvins the earresr rncney 2nd all Panies !c !hlS Cffer: (3) as directed by CTUC order; or (4) any
250 ctP,er 6is:ursement -ec;ulrad cr.allowed by law. 5rcker may retain iegal Sewces 10 cirect disoursemenl per (1) or lo file an
251 Interpleader action per (2) and broker may deduc: from rhe earnest money any casts and reascnable attorneys fees, not lo exceed
262 5250. ;ncr :o discusemert.
252 m LTGAL 3IG%TS:ACT!CN Sroker'i disbursemenr of aarnes: mcney dces not "elermine the legal rignts ci the Parties in
264 relation !o thls Offer Buyer's or Seiler's legal right to earnest money cannot he determined by broker. At least 30 days prior to
265 dlsbursenent per (1) or (1) above, broker shall send Buyer and Seller notice of the disbursement by certified mail. If Buver or
267 Small Claims Coun has jur:sdic!lon over all earnesl money disputes arising oct of the sale of residential property with 1-4
266 Seller clsagree 'with broker's proposed disoursemenl. 3 iawsuit may be Zled IO obtain a cacirt order regardng disbursement.
268 dwellir,g units and certain other earnest rnoney disjmtes. Euyer and Seller shculd consider consulting aitoraeys regarding their
270 disbursement of ear-est money !n acczrdance with !his OCer or applicable Department of Resulation and Licensing regulations
269 legal rights under this Offer in case of a dispute 90th Parties agree to hold the broker harmless from any liabdlty for good faith
271 concerning samest money. See Wis. Adm. Code Ch. RL 18.
73 the 1ransac:lcn. All prior negctlations and discissions have been merged into this Cffer. This agreement binds and inures lo
272 I ENTIRE CONTRACT j This Gffer, inc!uding any amendments to it. contains :he entire agreement of the Buyer and Seller regarding
274 thebenefit of the Parties to :his Offer and :heir suczzssors in interest.
a
2ii THEY ARE NOT PART OF THIS OFF3 IF MARKED NIA OR ARE LEFT BUNK (WCE? PEdVIDEI) AT L!NES 280.281).
273 @%ALE OF BUYERS PROPERTY CONTINGENCY This Cffer is contingent sale and closing of Suyer's property
. no later than
29: made a pan of this Cffer. lines 282 - 236 are also a part of this offer unless marked N/A at line 232 or otherwise deleted.
Seller may keep Seller'; P:opeq on the market for sale ar.d accept secmdar! cifers. If this contingency is
??! f?%SNTINUED MARKZSING: If Selier acc?Dts a bona fide secoccar, offer. Seiler rn+ Swe xrlnan r.clic3 to &./er of
:?: accqtar.ce. If Sqer dces not deiiver :c Seller a wtten 'waiver oi saie of Buyer's ;rccev/ zxr:c~ercy and
?3:
:?I RECUIR:MENTS, IF ANY (e.g.. PAYME?IT OF ACCITIONAL E.ir7NEST MCNEY. WAIVE3 CF ALL C3NTINGENClES. OR PWVIDING
236 F$IDENCS CF SALE CR 3RICGE LOAN, etc.)] '.Vithlfl hcun ci Cuyefs ackzi iee!c! ii Salc "cK? thls Sffer snail ;e e~il ar,l ',cid.
23; ~%EC:NDAXY CFFER: T~IS Cffer :s sec:ndar/ to a prior accepted ster. Tiis Cffer sxi! :ec3me prlmar! cpon deiiven/ oi
l38 wri%n ~[ic~ lo 5cyer :ha[ :t.is CFer IS ;nrxr/. Unless otheruise srcvided. Seller is 1ot ccl15are.l :c 31ve Guyer iictice jrior :c any
235 deadline. :or IS any ;ar;ic-iar saccncx: '.Eyer gi,ven 1h.e risht :o >e :?;de 7rixary a?,e?c ci xb,er secccdarl buyers. 3uyer may
??O declare ::,IS C,iter :til arc .xid ky de!iver.ng ,wrirten nctice oi'.w:tt,drtwal io Seller ;r;cr io Ge!iver! ji Seller's notice :hat ths Offer
?5: is prr,.ari %yer nay CCI ieilver notlc? ci .withdrawal earlier :P,m cays an27 ac:-.star.c? of :his Oter. All other Offer
;?2 deaC11r.e~ ..vnlch are run !rcm acceptar.ce shdl ,run from the time ths Cffer ceccfnes pnrnav
X !?'+E:PCST CLOS~NG OCCUPANCY- Ccctipncy oi snail be
?SA glven to Suyer on ar aripm. (Seler;(SL,er) .STR!KE CNE. snail cay an
2'15 ccc-Fanq cnase cf 3 per day x panlal day oi prei;cs:4osir.g ccc-panc!. Pa:,r,enr snail ;e dlie at the be5innio5 oi ke
?9i eUJ;CN: Consider a spec:al agreement regarding occupancy escrow. insurance. utilities. mainrenance. keys, erc.
256 ccc-cart! cencd. hy ur.ear,ec posr c!csir.g cce;panc, iee (shall;(s?all cot) STRIKE CUE ~ Ce reicrded cased on adual mcancj.
28nG INSPECTION CONTINGENCY inis Offer is ccntlngent upon a 'Nisconsin regis:er?d hcme inspec:or periorming a home
259 mspec;lcn ci 1P.e Frcpecy and an ins:ec;ion. by a quaiified independent inscec:or. ai
300 whic5 disclosas no deiec:s as defined below. Ti,is cmtirgency
jo~ shall be ,:eemed 5aiis:ied anless auyer. 'Nilhln days oi acceptaoce. dellvers :o Sailer. and to listing broker if Propeq is
jo: listed. a ,:;py of the mssec:or'j wlttan ;nscec:lon report(s) and a witten nolice lis:ing tt,e ,:eiez:ls) identified in the ins:ecticn
301 repor.ls; :c 'wn~cn 2uyw copc:s. CALTON: A proposed amendment will not saiisfij fhis nofice requiremenr. luver SX11 order
: e :r,s:ec:Icn acd x res;cr,sttle 'or ail ccsts ci Ins,?ec:ion. inc!udiog any icscec:iocs requlrd >y lerder or as follow-up inspections :o
x5 the hc~e Inspec!ion. Note: This contingency only authorizes inspections. not testing. (See lines 97 - 110.)
30i ifSe!ler?2j;~hl;o~re.-Ce!$rmaysu~~ls~~~~by(l)d~~~rga~Mldmnc~~~ul?Odavgti.~ipcfSuyeh~dced~~sd~
106 P!G~TTOI)I!EC C-i!ler(sl.a~l)(s~llrcr)~S;1l~CNE~ have3qhrlowreZ:edeieds (Seller~a1l~2~ear~~tioorednOchcnzsic~icated.)
:le 's GT? #:e!&. (2: cir~ ?,e deiecs ,n a pa ,nctkn?nlike manner and %,3) c&rverns 's Evfer a .&n ycn cerailicg Se .wwk dcne M law Dan
209 3 days ycr D dcsrq i'nls Clfer *a1 k wll ard 'vcd i alryer makes smely de'iver] si fle atme rcW 3rd ECCK 3r.C: (1 ) Seller doa mt have a Fht
I:! a ''::,=E,:;T" ~EFIFIE~-J For 1P.e pu3cses of this contingency, a defect is cefined as a sti'Jc:Lral. mechanical or other condition
I: 1 LC ere cr !2: Seiler bas a fsnr D =re tut a) >der ddien rcce 5-2t Wer~ll rct LE cr b) Wer Cces ~ct heiy celNer d7e nctice d el& a are.
3;2 !ha[ ,WCLI< 5ave a siqxficanr adverse Z~SC: an the value oi !he Properr,: iha: would signlficart!!! !mcair :he health Or Safety of future
jl? cct;lCantS si :he ?roper,f or !rat ti not iepalred, removed or re?laced ,would sisnlficar.:ly sxnen cr have a significant adverse
:iJ e%c! or, ;ke sxpected normal life cf the Frcperry Deiects do not ir.c!ude s:ruc:ural. mechanical or other conditions the nature and
315 z,ent ci.*h!ch 3uyer had actual kncwledge or written notlce before s1gnir.g this Offer.
3i6 13 ADDENDA: The attached documents &are made part of this Offer.
:17 i- 3
219
221 Ti% Sfferwas drdted on 4-19-0!
320 [d~~eJby[Llcenseeand~rmJX~e~Z,i.iOl~~~,~.IaCY !. Riffle, 5.c.
323 xe! i I.sP~\~~~ A =am YVC 3er? Dav:d i,. De Angells , Rayor Dale A
324 (Xi 9,";
325 EAWEST MONEY 2CCCiPT Sroker ackncwledges recap1 ai earnest money as ?er lhne 8 Cf the abcve Offer. (See line5 247 - 27I.J
located a1 9%
(INSEX OTHE?.
a
3:a
CI? 3F WSKEGO 22 (X) 91,.
225 3ve: : 5qcawe A ?'"I vamp iele * - .! .I "C Dale .
32i
123 SELLEX ACCEPTS THIS OFFER. THE WARRANTIES, REPRESENTATIONS AND COVENANTS MADE IN THIS OFFER
329 SURVIVE CLOSING AND THE CONVEYANCE OF THE PROPERTY SELLER AGREES TO CONVEY THE PROPERTY ON
332 THE TERMS AND CONDITIONS AS SET FORTH HEREIN AND ACKNOWLEDGES RECEIPT OF A COPY OF THIS OFFER.
Sroker (6y)
N
ih EXHIBIT "A"
GRAPHIC SCALE
SCALE: 1" = 100'
ADDENDUM TO OFFER CHASE
1 INSPECTIONS, INCLUDING ENVIRONMENTAL INSPECTIONS, AUDITS AND
ASSESSMENTS. This Offer is contingent on Buyer, and its representatives,
being prcvided with access to the property subject to this Offer by Seller and
Buyer, and its representatives, at Buyer’s expense, performing inspections
including, but not limited to, environmental inspections, audits and
assessments of the property subject to this Offer to the extent determined
by Buyer and the results of said tesls being satisfactory to the Buyer at its
sole discretion, If Buyer does not wzivp this contingency in writing to the
Seller within 30 days of the date of acceptance of this Offer, this Offer is
null and void.
Due Service of a-Copy of.
CERTIFICATE OF COMPENSATION & NOTICE OF
RIGHT TO APPEAL THE AMOUNT OF COMPENSATION
PURSUANT TO WISCONSIN STATUTE §32.06(2a)
Admitted this day of , 2001
(Owner’s name must be filled in)
NOTICE OF RIGHT TO AP
AMOUNT OF COMPENSATI
TO WISCONSIN
Any person named in the Certificate of Compensation, a copy of which is
attached hereto, may within six (6) months after the date of recording of said
Certificate, appeal from the amount of compensation therein stated in the manner
by filing a petition with a Judge of the Circuit Court for Waukesha County,
Wisconsin for proceeding to determine the amount of just compensation in
accordance with Wisconsin Statute §32.06(7) For purposes of any such appeal,
the amount of compensation stated in the Certificate shall be treated as the award
and the date the conveyance is recorded shall be treated as the date of taking and
the date of evaluation.
Dated this day of , 2001
CITY OF MUSKEG0
~~
David L. De Angelis, Mayor
ATTEST.
Jean K. Marenda, Clerk
Document No.
Pursuant to Wisconsin Statute §32.06(2a), this
document shall be recorded with the Waukesha County
Register of Deeds, Waukesha, Wisconsin.
That the City of Muskego has acquired fee simple
title in the property described below pursuant to §32.06
of the Wisconsin Statutes.
1 The identity of all persons having an interest
of record in the property immediately prior to its
convevance is as follows:
(Owner's name must be filled in)
Attorney Donald S. Molter, Jr.
Arenz,Molter,Macy b Riffle, S.C.
Waukesha, WI 53187-1348
P.0. Box 1348
Retilrn To:
MSKC 2196.988
Tax Key Number
2 The legal description of the property in which
fee simple title was acquired is as follows:
0 SEE ATTACHED LEGAL DESCRIPTION
MARKED EXHIBIT "A"
3. The matter of the interest acquired and the compensation for such acquisition is as
follows:
The matter of the interest acquired is fee simple title for municipal park building
purposes.
The amount of compensation is $59,900.00.
Dated this day of , 2001.
CITY OF MUSKEG0
ATTEST.
Jean K. Marenda, Clerk
0 Attorney Donald S. Molter, Jr
This Instrument Was Drafted by.
ARENZ, MOLTER, MACY & RIFFLE, S.C.
720 N. East Avenue, P.0, Box 1348
Waukesha, WI 531 87-1 348
David L. De Angelis, Mayor
CITY SEAL
0 WAIVER OF APPRAISAL. RECOMMENDATION% APPROVAL P
Owner:
(Owner's name must be filled in)
Acquisition of. See Attached Legal Description
Interest Acquired: Fee Simple Title for Municipal Park Building Purposes
The undersigned owner of land designated as in the attached legal
description, containing approximately acres agrees to accept settlement in
the amount of Fifty-Nine Thousand Nine Hundred and No/l00 ($59,900.00) Dollars
as full payment for the fee simple title stated, subject to the approval of the City of
Muskego.
The undersigned owner has been fully informed of the right to have the
property appraised, and to receive just compensation based upon an appraisal, has
0 decided to waive the right to an appraisal,
The undersigned owner further states that the decision to waive such right to
an appraisal was made without undue influence or coercive action of any nature.
It is intended that the instrument of conveyance will be executed upon
presentation by the City of Muskego, agents or representatives.
Dated this day of , 2001.
(Owner's name must be filled in)
By:
a ?a=: of the Socth 1/2 of Section 9, Tom 5 North, Range 20 Eas:, Ciiy of Mcskep,
C=unty of Wackesha, Sta:e of Wisconsin. described as follows BeSinr.iz5 in the
cexez of the Waterfar2 Road, 213 18 feet West and 1,188 feet Norih 9-3/4O Zas: frsn
:he 1/4 post on the South side of said Section 9; thence rJming Nor21 9-3f4O Sast BO
Ncr3 80-1/4' West 150 feet tc the plac: of beginrinc Excepting and reser~in~
fee:; thence South 80-1/4' Easi 150 feet; thence South 9-3j.1~ Xes: 80 fee:: ;hen:=
-i_"r- -..-----an tLat parcel deeded as Document No 117303. Also exceptins anE reser=-inS "_"" -:._--:-om thae ?arcel deked :5 Waukesha Ccuxxy by an ixtrnen: reczzzez .. as
zc-.. "me?.: NO 665004
Try Key No. MSXC 2195 988
F3S?Z'sS W17? 57726 PIOES3 EZI'E
WAIVER OF APPEAL
AMOUNT OF COMPENS NT
TO WISCONSIN STA
For valuable consideration, hereby acknowledged by the undersigned, we
hereby waive any and all rights that we may have to appeal the award of
Compensation made under Wisconsin Statute 932.06.
Dated this day of , 2001
(Owner's name must be filled in)
r- FILE No.524 04/20 'Oi AM 09:44 ID:ARENZ MOLTER nQCy FAX : 262548921 1 PAGE 18
Rpr 18 01 02:42p Dick Clark 2~e-797-7~28
wm-11-01 -I:** nn P- 2 - P.01
."
PAGE 19
PAGE 20
P. 4
PICK-UP
AND
$125.110
"
$15.0 )Cubic Yard
$6.00'€1ch