Loading...
05-320Return copy to: jao Real Estate Division 140 City Hall RESOLUTION Council File # D�` 30 � � Green Sheet # � � � � �C� OF_SAINT PAUL, MlNNESOTA Presented By Referred To Committee: Date i WHEREAS, the City of Saint Paui, acting through its Valuation Engineer, has secured an agreement 2 for the purchase of real property, said properiy is described as follows: 3 Lot I5, Block 7, Aurora Addition to St. Paul 10 11 12 13 14 15 16 17 18 19 20 WHEREAS, said property described is necessary for street widening in connection with the improvement of White Beaz Avenue between Beech and Reaney, said property was Final Ordered for acquisition on October 27, 2004 with Council File Numbered 04-1032. The value at which said property may be purchased at is in the amount of One Hundred Thirty Five Thousand Dollars ($135,000), this being a fair and reasonable value for the subject property; and WHEREAS, the Valuation Engineer has recommended the purchase of said property at the recommended value, sub}ect to the terms and conditions agreed upon between Fee Owner and City of Saint Paul as specified in the attached purchase agreement; SO THEREFORE BE IT RESOLVED, that the proper City Officials aze hereby authorized and directed to pay Michael E. Adams the sum of $135,000. Said sum to be chazged to Activity Code: Z� oS 3ao � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � PW — Pubticwo�ks Contact Person & Phone: Juan Ortiz 2668864 Must Be on Council Agenda by 28-MAR-0S � Assign Number For Routing Order Totai # of Signature Pages �(Clip NI Locatians tor Sfgnature) Action Requested: Approve the purchase of property at 1780 Reaney Avenue as part of the improvement of White Beaz Ave between Beech and Reaney. idations: Approve (A) or R Planning Commission CIB Committee Civil Service Commission CosURevenue Budgeted: Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): This project was final ordered 10/27/04 (CF #04-1032), as apart of this improvement, the property at1780 Reaney is needed. Advantaqes if Approved: The project can proceed as planned. MAR � � 2s a5 DisadvantaqesifApproved: Displacement of property owner. � . . � •, Disadvantages If Noi Approved: The improvemen[ will not proceed as planned, major revisions wouid have [o made a[ significant cost [o the City. ou�nmountof �35000 Trensaction: Fundina Source: Eirtanciai Information: (Explain) Green Sheet NO: 3025948 o u o � I �— i � nrro,�e 3. 3 �� � Aqorne �{ C 2 �.lblic Wor1 � Be� 'rect �/i T .J �—�' 0 S 3 a or' Of£tt o 4 ou cil �� 5 i Clerk Ci Clerk Personal the 1. Has this persoNfirm ever vrorked under a contract for this department? Yes No 2. Has this person/firm ever been a city employee? Yes No 3. Dces this persoNfirm possess a skiil not normally possessed by any current city employee? Yes No Expfain ali yes answers on separete sheet and attach to green sheet AMivity Number: � ��c �" �R:,r;;r, r°:..,� - pa " ����?U0.! APR � 1 2005 s a^ " ^ ' �- � _ , .> os� � CITY OF SAINT PAUL PURCHASE AGREEMENT 1. 2. Date: %. ., , 'o_, L.ocation of the Real Estate: I780 Reaney Avenue, Saint Paul, Minnesota. SSll9 Legal Description oi the sale property: Lot IS, Block 7; .4urora Additzon to St.1"aul 4. Name and address of Buyer: City of Saint Paul 15 West Kelloeg Blvd. 140 Cit�Hall Saint Paul Minnesota 55102 5. 7. Q Name and address of Seller: Michael E. Adams 1780 ReaneXAvenue Saint Paul. MN 55119 Purchase price: $135,000 (One Hundred Thirty Five Thousand Dollazs) Real Fstate Taxes : Property taaces payable in 20�5 shall be pro-rated to the day of closing. The seller wili pay outstanding assessments, delinquent tases and liens on the property, any outstanding amount will be wi[hheld from the purchase price. The buyer shall pay all future property taxes. Seller shall pay all assessments levied against the property as of the date of closing. Type of Conveyance required: Sel]er shall convev marketable fee ci�le� Warranty Deed. 9. Seller shali provide the Buyer, within ten days of signing this Purchase Agreement, an Owner's Certificate of Titie. The Buyer agrees to update any name conections on the Title. Seller agrees, at Sellers's cost and expense, to correct or remove any exceptions or "clouds" on the title as shown �c;, ._ �/ ``:� _ �`r-_ ���. >, on the "Commitment to Insure" title examination report. oS- 3ao Purchase Agreement Page 2 10. Ciosing shall occur within 90 days following execution of this Purchase Agreement, at which time the tifle to the premises shall be conveyed to the City. The Closing date may be postponed and rescheduled by mutual agreement of the parties hereto. The Buyer shall pay all closing costs 11. Seller shall provide an�davit on the date of closing, indicating that the Seller has not used or pernutted the use of the subject property as a hazardous waste disposal facility as defined in section 115A.03 Subd. 10 of Chapter 121 of the Laws of Minnesota of 1983, and that there is no basis to conclude that this property has been subject to or contaminated by the release of any hazardous sub- stance, hazazdous waste, pollutants of contaminants as defined in Section 115BA2 of the Minnesota Statutes. 12. The Seller shall sign an agreement to lease the property from the buyer for a term lasting from the date of closing untii June 1, 2005. 13. Ali warranties and representations made in this Purchase Agreement shall survive the closing and the conveyance of title to the property. This Purchase Agreement and ali obligations provided shall, to the extent not fully satisfied and performed by or through the Closing, survive the closing and the conveyance of title to the property. 14. This Agreement is subject to approval by the St. Paul Ciry Council. SELLER: ///JJJ �{��// f ) �(///�� J By. /,�����""" � �L�C�s�,�'_ I� 0 � Its:\� ���� (Ol��, ��t3,�Vnlmt" V �,,� r�L_- Date: Date: l S �,q�z ZG��s Date= > �� � � (AE2004-02.PUrAgre 17SOWB)