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HomeMy WebLinkAbout80-054 iii " STATE OF MINNESOTA COUNTY OF RAMSEY CITY OF k~EN HILLS RESOLUTION NO. 80-b-~ A Resolution Authorizing the Sale by Contract for Deed of Storage Building and Land on New Brighton Road to Lake Johanna Fire Department, Inc. . WHEREAS, the City of Arden Hills no longer has a need to continue its ownership and possession of the storage building and land, hereinafter referred to as the "Property", which is located adjacent to the headquarters of the Lake Johanna Volunteer Fire Department, Inc., at 3246 New Brighton Road, Arden Hills, Minnesota, 55112, and, WHEREAS, the Lake Johanna Volunteer Fire Department, Inc. desires to acquire the Property for use in connection with its operations pursuant to the terms hereinafter set forth, NOW, THEREFORE, be it hereby resolved by the City Council of the City of Arden Hills that the Property be sold to the Lake Johanna Volunteer Fire Department, Inc. for $19,000.00, payable $4,000.00 in cash at the closing, and the balance by means of a Contract for Deed providing for payment of $5,000.00, together with interest, on or before June 30, 1981, and the remaining $10,000.00, together with interest, on or before June 30, 1982, interest to accrue at the "inter-fund transfer rate" of the City for the calendar year preceding the installment due dates in the Contract. BE IT FURTHER RESOLVED, that the form of Contract for Deed attached hereto and made a part hereof as Exhibit "A" be approved and be used by the City to effectuate the transaction with Lake Johanna Volunteer Fire Department, Inc. BE IT FURTHER RESOLVED, that the Mayor and the Clerk- Administrator be authorized to execute the Contract for Deed of which Exhibit "A" is a copy upon receipt from the Lake Johanna Volunteer Fire Department, Inc. of the sum of $4,000.00 in the form of a Cashier's or Certified Check. PASSED by the Arden Hills City Council this I~ day of October, 1980. . ATTEST: ~(I!JjhuL CHARLOTTE McNI SH, CLERK-ADMINISTRATOR ~.~_~n. . EXHIBIT "A" !~tB !agreement, Maile a7IiL en.tere4 mto this..................................................."..._.......".......................day of .~c::~.~......E.................................,.........., 19,!!Q......, by a7IiL betllJe8n.".1I!~,..~In..,Q1....WEN...lU;LI"S.....,a..,~,tat!.l,tQr.y:..,~;I.ty city and a municipal ' 1iIicorporation..nder the laws of the State of..,....:Minn~fl(lta........_.........................................., party of the first part, a:r....~....IOHANNA...Y.QLlINTEER...ETRR nF.P .AB.!MENX.....DlIa......a...c.orp":cati.on. "ntl""'....the...1aws................. ..?..,....~....~...!!.;..!!!~...~UJ.~..~!!.~~,!:.!!..........._................__............._.....................,.............., part"y......,.of the BSC07UL -pa,rl; mutnestlttlfJ. That the saM, po;rtg of the fI.rsb part, tn consideration of the tJU/Jenants a7IiL apes- ments of saM, part.:!....... of the II8OO1U1, part, herdnafter ctmtai,neiL, hereby sens a7IiL apses to convey ..nto saUl partY.........of the se<<mit part, .~...4....~,!;.~.l!.'!!;.!:.!l.!l.!l9.F..!l._......._.a7IiL asstl11U/, by a..:w.!!.:rF.~];!.!;y.....;.................Deed, at:fXJmpanieiL by an alJstrtuJt euidmuJ/,nl1l100iL ti.tZe in party of the first part at the date hereof, or by an owner's iJ,u,pu-te tJerti,flcate of fUZe, ..ptTIb the prompt a7IiL f"~~ perf01"1l'ha1UJ6 by soJiL part.:!.....,.of the II8OO1U1, part, o{,.....!!:!!....."""."part of this al1reemem, the tract........................of 'ta7IiL ~ytnl a7IiL bdnl1 tn the Coun!;y of ....,.............,,!m!.!l.~y......................,................a7IiL State of Minnesota, desorf;beit as fonaws, to-wit: The legal description of the tract of land hereby conveyed is set forth in Exhibit "A" attached to and made a part hereof. . .I17IiL saiit part...;y,.....of the II8OO1U1, part, in tJOn8iiteratitm of the premises, hereby al1ree,~... to pay saiit party of the first part, at,........,l,45,Q.,.W.e.e.t...l!igblftly.....9.6,...,A1;,d,eXl...l!.iJ.l.1I.....~.iXlne.egJ;.a...,:i.:i.U.2................,........................... as a7IiL for the purc'h.ase price of saM, premises, the sum of-...!'/,ine.t,e.en...Tha.u.e.and...and...Xl.!l1.l,Q,O"......,.............. ..Sl9....Q.Q.Qd.,Q,Q1:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::- DoZ7.a1'll, _ ! in. manner a7IiL at times foLlowing, to-wit: $4,000.00 in cash, receipt of which is hereby acknow'" 1edged by party of the first part, and the balance of $15,000.00. together with interest thereol ,from the date hereof until paid, as hereinafter provided. by party of the second part paying, ito party of the first part on or before June 30, 1981, the'sum of $5,000.00 principal. together j'with accrued interest on the entire amount of principal then due. and on or before June 10, I ,1982, the sum of $10,000.00 principal, together with accrued interest due thereon. The intetes1 ,due on unpaid principal Sha,ll accrue at party of the first part I s "inter-fund transfer rate"! 'for the calendar year preceding the installment due date. Party of the first part I s "inter- I fund transfer rate", as that term is used herein, is the average that party of the first par ,earns on its certificate of deposit investments during the calendar year in question. Said par' Y of the second part further covenar's ' .nd agrepS .. follows: to pay before penalty attaches thereto, all taxes dne and payable in the year 19.J!.L and in snbseqnent years, and all special assessments heretofore or hereafter levied. , also that any bwldings and improvemeDts DOW on said laDd. or which sball hereafter be erected. placed. or made therc.. on, shall not be removed therefrom, but shall be and remain the property or the party of the first part UDtII this con- tract shall be fully performed by the partJ..-of the secoDd part; and at.......i.t.ll..-oWD expense, to keep the buildings on said premises at all times insured in some reliable insurance company or companies. to be approved by the party of tbe first part. against loss by fire for at least the sum of___ t'hD nnp.=:lli FI h:=1 ~n,.p nT ..hi Q r.nn.......~ct fn,.. - .....Deetl .. ,.............. and against loss by windstonn for at least tbe sum of-Lhe..JJDrtllirl h~'s:lnt"'Q nT ..hip. r.nn""~rot' TOY' need .._-,~ payable to said party of the first part. its successors or aSSilitDS, and, in case of loss. should there be any surolus over and above the amonnt then owinR said party of the first part, its successors, or assigns, the balance shall be paid over to the said pa~of the secoDd part as 1 t-" IDterest shall appear, and to deposit with the partv of the first part policies of said insnrance. Bnt should the second part...~ fail to pay any item to be paid by said part~nnder the terms hereof. same may be paid by first party aDd shall be forthwith payable, with interest thereoD, as an additioDal amount due first party under this contract. But should default be made in the paymeDt of principal or interest dne hereunder. or of any part thereof, to be by secoDd pa~paid. or should i t- --fail to pay the taxes or assesSJDents upon said land. prem111111s UpoD said insurance. or to perform any or either of the covenants, agreements. terms or conditions herein contained,. to be by said second p.... y kept or performed. the said party of the first part may. at its option, by written notice declare this contract caDcelled and termiDated. and all riRhts, title and Interest acqoired thereunder by said second part y .hall thereupon cease and terminate, and all improvements made upon the premises. and all payments made hereunder shan belong to said party of the first part as liquidated damaRes for breach of this CODtract by said second pa~ said notice to be in accordance with tbe statute in such case made and provided. Neither the extension of the time of pay- ment of any so.... or snms of money to be paid hereunder, D or any waiver by the party of the first part of its riRhts to declare this contract forfeited by reason of any breach th ereol, shall in any manner affect the riltht of said party to cancel this contract because of defaults subsequently maturing. and no extension of time shalt be valid unless evi- denced by duly si~ned instrument. Further. after service of notice and failure to remove. within the period allowed by law, the default therein specified. said part..y...._of the second part hereby specificaUy agree...s......... upon demand of said party of tbe first part., Quietly and peaceably to surrender to it possession of said premises. and every part thereof. il beiOj:l understood that until such default. said part...Y.._..of the second part_Js_to have possession of said premises. ~' 'tc:: I ' i I , )0' ., .' .' t.: "I .,,! D' i ~I ~~ 81 i~! , I~~I ~ If, ~ 1 ~ ~ tc::>-:I ~ ], l;l. .. 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EXHIBIT nAn That ~art of the Southeast Quarte~ (SE 1/4) of Southwest Quarter (SW 1/4) of Section Thirty Three (33), Township Thirty (30), Range Twenty Three (23), described as follows: Beginning at a point on centerline of New Brighton Road distant 1170 feet Northwesterly (NW'ly) from the South line of said Southwest Quarter (SW 1/4) of Section Thirty Three (33), measured on center line running Northwesterly at an angle of 63"37 1/2' to the South line of said Southwest Quarter (SW ~/4) from a point distant 30.4 feet West of the Southeast corner thereof 1 thence Northwesterly (NW'ly) on said centerline 75 feet; thence Northeasterly (NE'ly) at right angles to said centerline, 158 feet; thence Southeasterly (SE'ly) parallel with said centerline, 75 feet, thence Southwesterly (SW'ly) 158 feet to the point of beginning. Subject to New Brighton Road. and; All that part of the Southeast quarter (SE l/4) of the Southwest quarter (SW 1/4) of Section thirty-three (33), Township thirty North (30 N), Range twenty-three West (23 W) and of lot thirty-two (32), Auditor's Subdivision No. eighty (80) described as follows: commencing at a point on the centerline of New Brighton Road distant one thousand one hundred seventy (1,170) feet Northwesterly (NW1y) from the south line of said Southwest quarter (SW 1/4) measured on said centerline running Northwesterly (NW1y) at an angle of sixty-three degrees, thirty-seven and one-half minutes (63" 37 l/2') to the south line of said Southwest quarter (SW l/4) from a point distant thirty and four tenths (30.4) feet west of the Southeast (SE) corner thereofl thence running Northeast (NE) at right angles to said. centerline two hundred thirteen (213.00) feet to the point of begin- ning of the land to be describedl thence returning Southeasterly (SE'ly) along the last described line fifty-five (55) feet; thence Northwesterly (NW1y) and parallel to said centerline two hundred fifty-nine and fifty-five hundredths (259.55) feet; thence North- easterly (NE1y) at right angles approximately one hundred eight and one tenth (108.1) feet to a point distant one thousand two hundred twenty-six Cl,226} feet south of the north line of said Southwest quarter (SW ~/411thence east and parallel to said north line of said Southwest quarter (SW l/4) to a point distant two hundred seventeen and eight tenths (2~7.8) feet west of the east line of said Southwest quarter (SW ~/4); thence south and parallel to said east line to an intersection with the north line of the east two hundred seventeen and eight tenths (217.8) feet of the south one hundred thirty-five (135) feet of the north one thousand seven hundred eleven (1,71l) feet of said Southwest quarter (SW l/4} 1 thence Westerly (Wly) along an extension of the last described north line to an intersection with a line parallel to and two hundred thirteen (2l3) feet Northeasterly (NEly) of said centerline of said New Brighton Road; thence North- westerly (NWly) to the point of beginning.