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HomeMy WebLinkAbout2018-05-01 Special Council Mtg. Packet :e�s CITY OF CENTERVILLE t SPECIAL n SPECIAL COUNCIL I. CALL TO ORDER 1® Bell Call H. NEW BUSINESS 1. Sale of 2065 Commerce rive ridge-Jo son 1031,LdL, #1Authorizing Conveyance of RealProperty Jon & Sophie Pederson &Assignment to Ruffridge-Johnson 1031, ITC bs Authorize Mayoral Signature on Warranty Deed Along with Associated Documents 111. ADJOURNMENT CrrY OF CENTERVILLE RESOLUTION#15-0 RESOLUTION AUTHORIZING CONVEYANCE OF REAL PROPERTY TO JOS AND SOPHIE PEDERSON AND ASSIGNMENT TO RUFFRIDGE-JOHNSON 1031,ILC WHEREAS,the City of Centerville desires to sell reel property legally described as Lot 2,Block 1, Clearwater Business Park, Anoka County, Minnesota, also identified ed by Property Identification I b r 24-31-22-23-0017;hereinafter referred to as the Subject Pr WHEREAS, the City desires to sell the Subject Property to Joy R. Pederson and Sophie Pederson,husband and wife, acting di "d ls; hereinafter f rrrr to as the Buy WHEREAS, the sale of the Subject Property is consistent with the goals of the City's Comprehensive Tl WHEREAS, the City entered intoa Purchase Mgr exit with the Buyer on May 28, 2017, for the sale of the Subject Property. Attached as Exhibit A. WHEREAS, the Purchase Agreement allowed the Buyer to assign their rights under the Agreement to a third ; the Buyer has assigned their rights for the sale of the Subject Property to leu "dge-Johnson 1031, LLC, a Minnesota limited liability company, the City shall issue a warranty deed to °die-Johnson. 103 1,L WHEREAS, the City must appoint representatives, in the City Administratorand/or the City Attorney, to represent the City and to affect the purposes of said Purchase Agreement d for all purposes related to the Closing of this property transaction. NOW, THEREFORE, IT IS HEREBY RESOLVEDIJ KNOWN TO L,, that the City of Centerville, DOES SELL. AND CONVEY OWNERSHIP of the Subject Property to the Buyer consistent with the terms of the Purchase ° ent and subject to conveyance of the attached easement to the City. FURTHERMORE, IT IS HEREBY RESOLVED, that the City of Centerville designates its representatives and signators as City Administrator, Mark St tz, and City Attorney Kurt Glaser, for all purposes necessary sut to the Purchase Agreement and to make the sale of Subject Property s set forth in this RESOLUTION. - 1 - THE VOTE OF THE CITY COUNCIL FOR ADOPTION OF THIS RESOLTUION WAS UNANIMOUSLY IN FAVOR OF THE RESOLUTION. PASSED AND ADOPTED by the City Council this I"day of May, 2018. Jeff Poor, Mayor Attest: City Clerk, Teresa,Bender -2 - EXHIBIT PURCHASE AGREEMENT - - 1 1 j� i i E PURCHASE AGRELMENT Title Patch=Agemmont(6iswAgrftmenel Is mesa red atumd Into by and betwaxi You R. I Pedissan and Sophia Pederson, husband and edid, amber welleas ("Buyer"), and dw City f it d a f pardon(tbo'9Modin Date"). oSubject to the mass and constrains of She Agmemat, Seller agwas to "to Buyer, and Buyer stenes to purchase Imen Seller,Site in fee simple to an unimprovedf lend consisting of Woxbu* t 24 Block1, Clawarder Business Park,Anoka Cimo%Mirmooda and having Proysmy IN Number l belonging towned ZLMMM, The purchase prim firr Sea Property (the "Purchm Pvlck� dual be M& Hundred Nlwty-Nhw Thousand Six Hundred Twmty-FWe Dolho (31899,625.00)o inpuble an follow-. i L Tim Thousand Dennis ($10,000.00) second monay (th " which than be paid within live (y)business days after the R&cdve Date,by deposift the some in excow cath Commemial Fortews Title Company, LW, or comew agent1 Maw Arne% in an t-b int . knoder b borrow Agrat oduabod as Exhibit b. h of equal to M&Hundred Efillity-hifice Humand u , a session of y available federal fincis or fif) by Boomw Agrees check on or before the Closing Base (as defined), subject t4t and Situation as cat birth herain. 3. n AMMkMIaZjd,dk*gA As soom as,imarmably possible,but In any event within too, 1 f, got=, at banner expense, "deliver to Buyer a t commtftnot for the most served ALTA OmWoPolicy xdid Paseem Title legible f all documaift rafteewd iscromed covemV and send other matters as may be masonabitr ideaMed by Bum in the amount f am purchum bries,She m eit Company to finum titleh s poo & ic,by Buyer in uoWWm=nhh the provisionsa b. greasonably8, vide Buyer with a caused survey of the Red Property i i f x t sad officrulm mc&g sereseede orommembly1 and by Thayan Which MAY MAU& In 2011. Bqw dent be allowed is the "TIMe 5 t i d to be IMMIVed Od n dmR i °postpeand6 � to Hong or commabrances mbich new be mwvcd by the pUmentOf MIDWY. If any objecibmas me days edur recadn of sent objections"paroft rude oweactlon,the cloaking Immuslar oW be gi If soch objectionsr Buyer y� at its apdan, cidou (1) poodmato We Puniness Agreement by notice , inwhich am all Examort Marry pold by Beyer to sufter,hommulke (Including all accrued human *crew)shall be promeetly whieded to Buyer, Areconaut t s$my to i Prins not to owned Ton Thomomd ad 00/100 Collins ($10,000-00) Morn Jees"B' in woress, emTAD Objerehow niter Cloft in such Imperace the Pore Pends a&U be hdd In coaraw-by Bmww Agent ad all r Objectlambi)p to be soidenced by fundees,aMU be wicased to Buyer after the delbulud hue hour moveaved. Any Core Fundo woodeing in ascrow,aft the Me Objection.is mwvcd and BUM released to 8 aller. days aft the EfDrative Date of to Boyer eamplare ropim of the following doomments to the fbdsAgM==�= MEW do area ser in SdWs prounsion or Ke wasoombly evalloble "Due DWSmm m ' ', 1Seller's POBBONkm, b. Capim of MY Shea a engmbly Or VOW "Pon" in SeWs Prometen tqpvft the amadition of to PlyPedr, ca Amy oneiressocood F esuiles or agummeats daduft soil true or other prounbuirel reports)ther whae,to the Property,and any disclomme letters andkif off Otto datmm*n*m from she Minnamola pollutionControl Agemay (rollectiv*. the "ZoodommemosORWAVI in f da Dommmis or musP=&wcr firen gaveromened ouning of der pmpar% c=pHanm of the property with apeRcable laws or consult; In the CVW den this temorodion is not clemed for or ramme.then BUYw 1, its i age,*, gerelown, oommultmor; mad proopmetive lending to, onom 611 documents ad cs Of 2 i f 11' I} I I provideddoemiwb by Sam howunder ° this Agrommet. i i AIL Buyur shall have the Agn drift and an Jonsay 1, 2018 (the 'TtsWbift and Inspection Proton-) Bar to ll i l Baine thin Buyer is refund!reffle any °appousals,annoys,MVIOMP inapactiod, eddrout Hackman 11, onAmormoda and cighnewhig ftea and studies) of the Property made by or on behalf of Buyer; i d I 'gid 1 Buyer is saMed with the Scheele Due Dfillaremd the acted"lased Shown a t H Period ends on a gda%hW,sudday or legal hoW,lt than be incteadim fluough the and of the next medraw; Ir. Saar hamig,guests to Being,In agnion, and md1radonoter right to enter synn the Pbaady at ruts I Daft for the purpose f spardsirg, mai , ` a s aned with BqWs indeed under isalfp, d ' lSella any lion or ° e mdrifics contracrom on the property parsaw to thin Paragrigh 5, and, if Began damages the, Baporty ° a Prior S Buyer shall eastern ONO Property to matsedfrgy the each damage by C. At f the Pandlififty Period,Buyer soup, in its sole and absolute dismodant for no mason,clod not be purchaw the Property and elect to tnobuft Ode Agreement by giving writers $notice of nomination to Saner gE ° renewed o Rotor, and mother party hereto zW have my fienhor fluathims aliflipalm under °s Agaromext The Buyces Coadingennias am per thesole and enhadve benefit of Buyer and may be waived by Buyer. in ft event San this Purchase #€ Bided,Agrieureant to not comdasand wMn (5) five data chat the and of" Feuibft and inegodion f ft Bruises Confinganclassat ` deemed noticed. ° locateda. The dosing on the puranare of the preying,is foam contingent on Buyer first dad% on the ode of property Avenue Sivediamr, both d in the City of Minsurnards, MN (0011006"lY, the { 1nf the Exchange Property Is on x about April2018. 1 ii S k k Ei S hereinIs. The ScHer l rightsIRC Section 1031 Tax-DaIdwrl Enhop and that do Baynes Consweralai Pernews yadarar Company, LEA for the purpose of compleft such 8 Howara,guy rompaskabe earinwed In this coubact snail rudidn and be,enforceable learsen pre parties cxerudpg Ot seffer spore to 000psaft with do Eoyw anchor Its sudden In say reasons s completeto d aloftAgreement Is pat of an Intagestod, In efibroutte as,coserago by Buyer of I with the proybdow of Section 1031 of ad provide to Dow pdor to l d '. d. In 60 event 60 eloping of the sale of dw Excluage property rawas of(1) dabult by M,,&w the Buyer,or am Segar of the tannage P , candsonne an of one or both of the pespettles,constituting do Excletage PWPMV of(3) do*%admdbw,of one or both of&a puwhm agnexuards provift fin each ads for arry furtherscasom tire Buya WaM be added to terminate this Purchase Apacrand in which case all Bffmt Money paid by Buyer to Wee (hudroft oil succeed miawn;fouron)&W be promptly remended to Buyer and neither party shell Iscrodber have any , d&or oblibalker er. 7. ay 9 a 4 nd w we condiduard,for the onle,basefit of Buyer,upon the fidloodup a. &JbCs fighignm All evarcowdeficors be trea and ourrect as of Be Closing Daft end Sdlor 9W have, jecefienned all of On cossessada,doder and obHpdm under Ode Purchase ba =I IU M Evidoom " gove bessa found acceptable, or brur made Weeptanic, in w marketablear�rdrauv VM the arydnewas; of Pwa"h 3 above. At Owing, theTitle Covensay,&all have tword,to Buyer an ALTA Owner's Title bwa=Pollar in the full amount of ga puragaw Pace, dhowing good mad herein,RW Prop" mated, in Buyer in the comIldoo,required over an general exceptiom to the policy saidwith soun adwr coverages and caravarmouto e cam Buyer or he lander(d may weydre, provided, howsmo, thin said Owear's Tide Policy sholl out in any way vidato the omnabb In 1ho dead to be given by Seller to lavender,Buyer materialaggdWggofhVgb.,. There sad to,as of tire Cloafid;Daft,no adveme cludge in the physical emulftlea of tire PrepartY. 4 i f d. ftLbMW at Id I=NdM On or before Ow OgAfthfion of the Fe=MY and m rf determined, l it to saddled the malts fany heyeadme, tour or creadeadvasext to and In seembsce ofth Pwagmph 5 above,and that Buyer bee obtained all Pencils OW OPIROMPIN recei sM he BWWs Inanded,use of the VwPwLY. 11 of Buyer to clowd I prapady,in e . i _gLSrh 4 � ora following caramel gThen m no publicImprovaumseb convocrecal or completed and fin,which asseemomatlevied Property,and Wet Ims no kwwlcdp of any planned impeamnamat which may reffaft in Marmara elpaun the punnety,numpt as may be disclosed by Sella to Buyer in wdft whidn 10 days follordag the Effective,Dole. mt, a m 1, procesding, alone or Ston, including vdftut Radiation, MY OnvkOmn=W, zonlog,or land are rageladon,proceediali,pending or Severance,apbst Seller or widing; to any t of the Property which ought creaft or result In fl material,adverse imped;on,ft PwPwB`or any pot frinterest therein;and Same g rwpod to the Property. e Aug M& Seller n Agreement mm ad porfim he obligations s undecupod,nposearstive Seiler IS execute,duly authodand to i xt=,Dr&g to In behalf of Sell d, _ SWI f "$ Revenue1986, as crowded. r the eamencraggar,of Ser hamnagens conesoplidedy wJI result oin BAY 11 or violation ot or t , 1 Of y demo, older, mortgage, lam, eguncognt, or other instrument document to which Selke is m �o To the best of Seller's lamewledge, thece are no combravedus proceedings which an pending or ny portion of the Real i 1 a accept on EgblW a othAnd hasto end made a part heard Bonin as act ftlh on seth W not ormunin and has not at mW time in ber past wM*md afthar toxic congtruction or stored on got propetty. As of the daft of this Agmemard, the Mor has Centerville, U.S, 'a tolaraireg agjhkab leakinigamWmg,pareging, pannep, toxic parental, Agrearman,Ow PmPrty is t 9*wt to JUAY inwdiP"Afthutenaber cabal cansect Ord"or speaccanlWgfftkm or sentereant with staged to any toxic malarial,Wmr&us ¢¢g�,, �5. o hmalaus waft g. ftUgRI _Tmkl. To the bed of SelbolsI mallor above ground somege reeks (whatim or not m to 1. FIJI& Then am nth no calls or fisfividual swap Usidumut *vWmx buisted on the kto". J. MAINIMMINUICIblik- To the hart of Selheis knowledge, no madmamphatamine imadmation has ommod on the PMW. L 4 goner ho no bonwholge dint any Mormsep, Parents, veri one epprevas, augamizationicm o a , the "Amlhvhhathawr`�men hwafficicto far Buyers e nbcalad use and opesstlon.of 60 PrOPW.All Autherizedons are in full to=W a e anot entered low my ft oR 204:mtr bria ney Woust sagmelog,"air dOW "' firao am o, ¢ g parking t m UL rw treat of land ng the property comprises one it in grand and atey be mid at oncyneci,without the need for Sena is not g t n lien against ft property. 6 5 i 3 1 1 I Each f the teregabogf deragm ffierato as Saller such notify Buyer as f I 1 � gi i x muti (1)yew after the Cluft Data. Except as Break depergaly round, Buyer is pimbaft the Property based upon its am hoostiption and bqvmy and is red relying an any wpormenjons,wrerway or covemont of the Soffers or any Art Penonand I to y "as is,101am le,Subjectto the(weldince Of � prow"andoems, wouseties moccurdium oat forth to this Agroment and by Buyer wft knowledgef any breach by ScUers i comodhAs a wolver or whom by Buyer of any oWm due to such Weack9. Buyer Makes the I � following l ga"will undertako to been a Bill end completeinvestigation, IiI marodurebro, kowntion and methods f the Property. Buyer fietion acknowledges Ord,except for the Sell=repumWoas and wRnwides 1 *XP%WIY got forth in P=VVh 8 of this Purchase Agmeament, Buyer has not wiled upon any doemmuts, reProsentfi0m O wareguies by Sellers or my agent of s4 a f neaeofily,to r ono We purefoor,Agperower and to incur and perficar its obligations hereunder. Thm Pordbasm Agreement constitutes the valid and legally of the Buyer,enforecable ag"t Buyer in 0. _QgW D2MMdelivery aft Pmvhm Agreement cor&a OMMMEACIM,Of 1he ftwmwdow coroamplated,no*will usult fn any breach Or Virdurcera Of or drioult insurameat or doccommat of which Buyer is a party. 1 nm am no andona, subs or proceedings pa2ft 1 if e I artyawdly,to Buyw,would adversely affhat to AbOfty to Per=be obligations undw ft Purchase Agreement. i 1 . CaMbdM responsible i lc to BUYW3 broker, , pit to a separate rattan, aymerment between Rockland,Advisors Each of the yard" brown, 6 that such Sony bus not incmd and is not jamift; MY kokmgc ruccubdurc, fordoes fee of calling commissionr fee as a result of ct lm described fewer to any other borkno, nor finder, and emou Party heldo OPM to Indemnity the otimn agarost, and to hold the other Boucher tom, ady ciahn he any such chum trokerope comer t sading caucabodan, f the W&Wf thc r WmntWng p", end my mads and expecom fisommed,In detecting agalest any a* W" x , ices, no maxemenadmens son aboacenats adJbrth gi 11. ; a All items of expense, &M be Funded or 4uxW a of the close Of w l er i a L Real,sense taxes and koWh� of special assommortmes due, and payWe in the wan of Closing egall be pearseed between Scher ass,Buyer on the bads of the number of days in Ins cagmular year of Cloth*41 below, the Closing Cars (ad to Sella) and on and em ft Closing Bats(a to Buyer). of ooWM moommis due and papalge in the yew Movoing Closing and*Cvew. 1% All other buses which WO MMM* Purgftd iA nomeslace t a by- with, b laouted as of the Closing Date. In the went may Fmd=or comaguggions wage under Us ParqMh we based on ashoman;cc Sam to be jusessoc%am offer loamy sW be fits Batty ficau wh= A Is araftled to cash adjmbnmt 'WiWn weary (90) says aft 12. s this Aineemert,during exact and expenses shell be home a follows: L Sam dedl be obligobad for and d"pay. j ij) OW.hW(jf2) of the afiedug goo son eavern Am detailed. by the 71de 1031 g (tel The cost ormouft or filing the Dumb Bv) AM,slaft dead or transfer baces; s WOMMY to Plum MNW title A llue mm and in the considon mpmwnW by Sdler in this Arement; and O Is. b r. 8 f ( f jamunne, in ide amount f the Purchase Price, including andsownruds I required by Bayer; I title kovename jamium for key loan policies of title Insurance required by Buyer's a Sffi The cost f ,if anO obtained (iia) Any foes assoolesed with moordedtBuyer's 1I, V r BUYWS Ruder, Odi One-half(14t) of the dosing fiers and rename Ems changed by the Title I Cemjmny�and all scale end few rdeft to Buyer's X Exchonge;and (VIO Btv&s aftorroys, t a. _QM"LZo M The closing of *a tows"on and completion f the 1 e y r on April 4,2018 or widin 1 days did the closing of the ffichoor Bropefly wbichaver shall cover ldmst fim offices of the This, Company, or at such other do% time and plot a the parties da IBM 4 4 -Chuang, . DOM). Possession f the Property"be husaftered by Seller to Buyer on the Cloft Date, a MyWas In am, At Ctsft SeHer"defiver to buyer the (1Warranty ' big Burst duty masoned Seller,conveying good and ale title to the Red Property to Bryor ftee and clew of ,= l I (2) A standard form Seller Affidevit,shly sumted by dollar and completed without cuseptiens for bamusiscy, vgmeass,tax how,macbgmc*o , In X11 and other unmearded . affidavit f con-ftudim, ounce, duly recorded by Seller, containing such infemadon as lit combed by IRC Paratimph s (4) A Cardficase slimed by Better spaing that Seller knows of no wffio an&a Property or if Seller known of any wells,a Well thadficats, locationfine Buyer designating the i ti rqvmoaWim and warazWw an trus as offer.Clacks;Dab;ad ackweviedging that seds rmwesentafiew and ma Plepody outcome or oardained. a stump and; an Offida"Vit '14th rap cut theraw,as required by bfisn.Stat §116.40. t norreamanden of do transactions firilowing: 1 ire win f g (2) All other agnmeads,husaacerars and duarrestas neromary or nodded to convermandon w i yen jeohmmance by son . 1C JaMdigi. If BMW cancell this Patrician AgmmtM by rmm Of 8011-311faboden Of con cc mom conditions to chadeg,or if Buyer assumegad defiruir,the is Mamy(hamefing sh accrued Bureau*man)"be menially refi=W to Buyier and natiber party shalt thereefter here;any farther Imbfilty.ngm of 11 If Butor&ftft undo*it Purchase Agommut,Seders ado and examines reauxlY Im f salient&W be a of tHs Purrham Agreement all Interco wared*man as liquidated and Bad manages. Notiefthatanift the ficupfirs fith provision 1 not junit saneesf If ft Agreement is set conceled by Batsm Beyer 9W haw the right in availableaddition to other remedies and rW* 1 ' no and"Odw Been any wart of campatent judoffiatiM equitable mW by way of specific perficauzore W enfirme u1n gded,however,that an action to valbroa eachplawflia aor" be ommwmed wAh arice and oball bem' Um of any claim lot . 1 , $ ` of Im in the event there is my lose or damw to the Trapartir FMto the dKIC Of docing for any mages,Including loss &W be an Saller. if the Property is desuoyed or substantially damaged before the alosing deft, Buyer dWI be"the d&to Weakens socrum Interest) s,.q*rd tied.to Bayar. 1 k 16. r in,wrideg and shall be considered In haw been duly given or carved If. daHvered pecomphy ; or if sod by flat almg registered return moelpt p if � °o r l s =4 (confirmation of receipt wiltured) prior to 4ion on any g medrousdAN or if deposited cast d vakh a momently recognized,reputable1 couder,PVPOdY Addressedi as folloere or to such other Worse as such party my heredw designm by written action to the pard { est A. if to Belief, Ilea City f Contereffic Attention.- Michael Rimon F 1380 MwU shortg Cannoville,AIR 55038 1 333 Washington Ave,Suite 405 I 55401 Photee 612-333-6513 Fox .:612-333-3821 Alto, Email: laargilsom@ghwerhmnot ! 1 I I a las If to Buyer,to: Co.,Jon R.Pedersen Im.3024 41h Street SE { i Minneopolls,SIX 55414 Phomee 612-379-058 Pax .:612-378-9385 i } f s 11 { i i 1 6 150 S.Sn St.,ft.3230E innewpolls,MN 5502 6Pbreas 612-455-1001 Fax No.612-05-1009 C. Olson,Esq.Want l Notices, ed eadafte upon a peasommay we (1) busium &y aft being deposited with a jagiondly recoomed ovmd&sit g i 9tng;by cerfified or badgered day officaballe M=mMon or Axammic deffivery confirination boom the sending broenalle Magian or =tied a-mll awmint and*a OMMUDiCafiM in find GIM Man, oneas neenat requested,postage poludd,an too doer of dee ftmouladbar ogbWand to the addressee withoutabove,A rained to&a actat malpt by ad&� . is to M AM Par ty comamoled by or under commumm control with 1 Compecy, LLC, Miller afrees to examna any and all dommords mso lamer way not assign or delopts As status or obligations seeks We written consent of a Its oldg foreign rdows under We Agreement Any such monionag party " dollar son, Boym area that thus aholl be of the essum of 11118 Ig. TjMp at EqgM. Agroment t § hammmagglon. M Agreement shag not be conshved amY agoned&D Othre merely by vhtw of the fact that it way Won been prepared by coormal im use Of the inagm, it being recognized that both Sager and Befur have comidboted subAuftUY lead 20. ggm;tgM&Q& sonamatim of No purchase Agreement am gp� for gi��pa g� *xa ww and rdamcc GMIY end 110 nut boon 4 Put baeC4 and in no way e Yes or constroo much.& 4 § a B' + requires P lig . 21, ZZdaLk]h kM% This Agmament aball be boating upon and form to the t porgae Indere hairs, reponerMems, soccomomm, and pm*W wages. TVs Agnament Is for the mole bonedt of Sellar end Buyer, and no Ihimi Pony is Wended Irove do right to ardem this dent. `Ef i B e ° an be deemed to,and on the nom day which is t a Saturday, Sunday or legal this 3 } y"means any state r fixford holiday for wh1oh firemaird { madruflow or post officas are ally closed in e State of 23, t (Including agreamem: of the pardes. It may not be meawd. ondly but only by an Wmmem fil writing signed by the party against whom wfvromeni f my andvar,change,modification,extension or is sought. 24. CM&Mptig. This Ageremant i be ted y ,each of voldsh grall be decowd to be an almod, but AD f which, be damaged , veldsout Republag the lepi offirst of the signatures ffimm and 1monfew stmolsed to anodwr comensysint identical therew accept having attached to 1t i a 25, goAMbft, If any murigion of fifis Apartment is hold to berawderemble,or void,� �manProvision shaft be doomed 1 t b i f I I term ofthis Agreement 2 $ Gqvqakg LoW, This Agreement to both validity sad perfmassnae, and onfismed,in scowdonce etb and govemed by the laws of&a State of NnnaotLI I � 27A2g_VA=. The offer unsiging from shim party diming and delivering a copy of fids Agreement Peter m exaccakor and delivery shag be null and yold 3f s amt is t y dgames befina May 1 , 2017, The Egareive Date of this be the data of anconflon by the last party to � I deliverexecum and [SIGNATUREtt I I 1 t 1 d L LMUThe City of Date: By. Nmw. BUYIULI Bnm*ed on: PCS a p an i i 7 i i 1 3 1 i Seller mW Purchaser have accutod bI6 Armnot as of the defto eat ferth cmd I to fireir respeadve signmamsbelow: ! I nw city of Minnesota Exacited p: j$ Datte 9L `��8,a1 6 � 6 Nme- %8 b Iburea 4Po $ Dahn ion R.Pederson i ! Date: Sophie Podenam. 1 i i i i i ! FF I 1 E if { 3 joins i Agreement for the putposes of being us=thwwf relating to the Ensure Manor and of ageseing to peorm its b a Burrow Agent With,respect thanno. The win dedes of Borrow Agent eager No Agreement shAU be those deacribed Indent, and Former Agent dM he under no abligallor, to debommine whadeor the other ardes henso an comeplybet With my rrqssm=h; of law or the ftm and conslib m IY upon, and shall, be pubmand, In acting UPOD, MY W" 0=00% sector r adw gemmed believed by It to be goomina mem)to been how signed or ismazeed.by the pwW parLY or Par ties,- consistent duty or Habibry to yaruy my noun under, succeed, order or other document, and its Sole a Toaster to the i mthisk Escrow Agent may mmd=to bold the same or daeosh themodution OfPraft n raw in Coast such&qKft, and the,other parties herato haft agree to mdmm* ad l Alpert from wey such mcdoo,taken,by it in good Isith in the moodon of its dudes baroundar. 7he pesslas to Us Alinewass i Ome dodo and b b#R�F fr r thic es the Property, SoUct and Purchases admowle* Such potential, onaffies,and agme net to Make Its duties under fids & and In daimmucing: t on give its nameable this.consmaignent to insurs Purchases 2016 COMMCIAL PARTNM MU,LLC. --........ -----r.mm i i ! i 9 i i I f i 9 i I I) i t r} i 3 6 F $b 1 i 0 i y� P� 1 (Top 3 inches reserved for recording dab) WARRANTY DEED Minnesob Uniform Conveyancing Blanks Business Entity to Business Entity Form 10.1 Jit(2013) aC'-RV numbs, .........­­—----- DEED TAX DUE: $ DATE: Effl,2018 FOR VALUABLE CONSIDERATION, City of Centerville, &W wrie of G nooko a inurecipal corporation under the laws of Minnesota hereby conveys and warrants to Ruffridge-Johnsion 1031,LLC, (immiawafkanim) a limited liability company under gas is of Minreacea real property in Anoka. Can*,Minnesota,legally described as follows: Lot 2,Block 1,Clearwater Business Park,Anoka County,Minnesota. Chad hem if all orped of the described real property is Registered(Terms) 0 together with all hererfitaments and appurtenances belonging thereto,subject to the following exceptions: Easements for utilities and drainage as shown on the recorded plat of Clearwater Business Park. Easement for ditch purposes in favor of the Rice Creek Watershed District,a Minnesota political subdivision,as created in document dated July 12,2006,filed January 20,2009,as Document No.2005016,005, Check applicable box. Grantor IN The Sailer certifies that the Sailer does not know of any wells on City of Centerville the described real property. 13 A well disclosure certificate accompantes this document or has (rem of Genim been electronically filed.(if electronMly filed,insert VGDC T . number: fSO-ftioV Jeff Poor E3 I am familiar with The property described in this instrument and 1 cerfiry that the status and number of wells on the described ............................................................... ............... ......... ...................... real prop"have not changed since the last previously filed well disclosure cefficant. Sy. wmm ........­­­­­----------------_­­­....... "A ¢ x'ronvz f 12ond"a" ...................—---------- xi, ...............—------ ...............—----------............ Foge I of 2 Page 2 of 2 Minnesota Uniform Conveyancing Flanks Form 10A.9 State of Minnesota,County of Anoka This instrument was acknoviledged before me on Ma 1„2015 Jeff Poor -as Mayor (ow of Ra and by T1 ensea Bender (naPe"of wemkod Aew) ss It �le� of (type of a" ee Qqrwo (stamp) foe of YWAM cerow-) TRIe(and Rank): My commission expirw THIS INSTRUMENT WAS DRAFTED BY: TAX STATEMENTS FOR THEE PROPERTY DESCRIBED IN THIS Amid nwm wo addWA INSTRUMENT SHOULD BE SENT TOe Anof Wyww w7drsokoft arbuseess addrwe of GrvniW Kurt B.Glaser,City Attorney Ruffridge-Johnson 1031,LLC it &Glaser, LLB 2 Malcolm Ave.BE, 333 Washington Avenue Minneapolis, GIN 55414. 405 Union Plaza Building Minneapolis,Minnesota 55401 612333-6513 (Top 3 inches reserved for recording dreo AFFIDAVIT REGARDING BUSINESS ENTITY Minnesota Uniform Conveyancing Blanks Form 50.1.3(2011) State of Minnesota,County of ................................. Jeff Poor being And duly room on oath say(s)that: anat ..'sO" f. (They are)(ate e; he is the r and No rMuchamr,of Ink City of Centerville a municipal corporation under the in of Minnesota (the'Business Entitipl,named as fit fi`Of COntffYille in the document dated and filed for record as Document Number ('"Molvieff) (or in Book Of Page in the Office of ft 0 County Recorder 0 Registrar of Thine rche-IR On SP~ba"o of Anoka County,Minnesota. 2, The Business EnWa principal place of business is at 1880 Main Street,Centerville,Minnesota 55038 and the Business Enflym principal plc (s)of business during the last tan(10)years has/have been at: Above. 3. There have been no: a. Bankruptcy or dissolution proceedings involving the Business Entity during the time period in which the Business Entry has had any interest in the promises described In the above document('Premlemaj; It. Unsatisfied judgments of record against the Business Entity nor any nations pending in any courts,which affect the Promises; c. Tax liens filed against the Business Entity; except as herein stated: None -------------- .............__........ Page 1 oft Page 2 of 2 Minnesota Ungorm Condayarsong BlanM Form 50,13 4. Any bankruptcy or dissolution proceedings of record against business entifies with the same or similar names during the time period in which the Business Entry had any interest in the Premises are not against the Business Entity. 5. Any judgments or tax liens of record against surges with the same or similar names are not against the Business Entity. E. There has been no labor or materials furnished to the Premises for which payment has not been made. 7. There are no unrecorded contracts,leases,easements,or other agreements or interest relating to the Promises except as stated herein: None except for a Purchase Agreement dated May 24,2017 in favor of Jon R.Pederson and Sophie Pederson. 8. There are no persons in possession of any portion of the Premises other than pursuant to a recorded document except as stated herein: None. 9. There ren encroachments or boundary line questions affecUng the Premises of which Affiantan(hes)(have)proppledge. Affiangs)know(s)the matters herein stated are true and make(s)this Affidavit for the purpose of inducing the passing of title to the Premises. Affiant(s) 0401�fn`N Jeff Poor,Mayor TC15R--ft-a;.T ------- Mgned and croom to before me on May 1,2018 by Jeff near (noro'daylow) C ) NPHV* Q'"AnOfftln)arse Bandef Tire(and Rsok): .........................................._ My commsoan expires: _-_,—------------------- THIS INSTRUMENT WAS DRAFTED BY: (sees same ard memse) Kurt B.Glaser,City Attorney Smith A Glaser,LLC 333 Washington Avenue 405 Union Plaza Building Minneapolis,Minnesota 55401 612-333-6513 CITY OF CENTERVILLE CERTIFICATE The undersigned, Jeff Dear, hereby certifies that he has been duly elected and qualified, d as of this date is the Mayor of the City of Centerville, Minnesota, municipal corporation (the, "City"), and further certifies pursuant to the Purchase Agreement dated May 24, 2017, between the City and Jori R. Pederson and Sophie Pederson the following: 1, The representations and warranties of the City contained in Section 8 of the Purchase Agreement are true, complete and correct in all material respect on as of the date of hereof with the same effect as though such representations d warranties had been made on and as of the date hereof. 2. The City has performed or complied with all agreements, bli "od conditions contained in the Agreement that it is required to perform r comply with on or before the date hereof. 3. All of the conditions set forth tion 7 of the Agreement have been and remain satisfies as of the date hereof. IN WrfNESS WHEREOF, the undersigned have caused this certificate to be executed as of the date first written above. Attest: City Clerk, T r sr e d r � t � CERTIFICATE OF NON FOREIGN STATUS Section 1445 of the Internal Revenue Code provides that a transferee(buyer)of a U.S. real property interest must withhold tax if the transfaror(seller)is a foreign person. To inform RuHridle-Johnson 1031, LEC (die"Transferee")that withholding of tax is not required upon the disposition of a U.S. real property interest by the i cifnt illi (the"Transferoe'),the undersigned hereby certifies the following on behalf of the Transficur- 1. That the Transfiror is the owner of the following described property, to it. Block. .............................................................................................. Lot: 2 County: Anoka Promises: Clearwater Business Park, 2. The Transforor is not a non-resident alien for purposes of the U.S. income taxation(as such to is defined in the Internal Revenue Code and Income Tax Regulations). 3. The Transferor's U.S. taxpayer identification number(Social Security Number) is 41-1267014 4. "I'he'l"ransfaror's address is ,1880 Main Street Centenille,Minnesota 55038 .............................................................................................................................................................................................................. 5,The Transferor understands that this certification be disclosed to the Internal Revenue Service by the Transferee and that any false statement contained herein could be punished by fine, imprisonment or both. UNDER PENALTIES OF PERJURY, I DECLARE THAT I HAVE EXAMINED THIS CERTIFICATION AND TO THE BEST OF MY KNOWLEDGE AND BELIEF IT IS TRUE, CORRECT AND COMPLETE, AND I FURTHER DECLARE THAT I HAVE AUTHORITY TO SIGN THIS DOCUMENT ON BEHALF OF THE TRANSFEROR. DATED. lly:�T'F ............................................................................. BY: