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Home My WebLink About2014-07-07-Resolutions 14-175_Giles Revocable Trust - Offer to Buy Real Estate and AcceptanceTHE CITY OF WAUKEE,IOWA RESOLUTION 14-175 RESOLUTION APPROVING OFFER TO BUY REAL ESTATE AND ACCEPTANCE AGREKMKNT FOR PROPERTY LOCATED IN THE CITY OF WAUKKE IN THE NAME AND BY THE AUTHORITY OF THE CITY OF SAUKEE,IO8'A WHEREAS,the City is in need of additional right of way related to the construction of an underpass associated with Grand Prairie Parlavay and the City has been in negotiations with Richard W.Giles Revocable Trust,Linda M.Hakeman and Dallas Hakeman,and Marlene M. Warren and Dan Warren (collectively the "Owners");AND WHEREAS,the City has prepared an Offer to Buy Real Estate and Acceptance (hereinafter referred to as the "Agreement")and said Agreement was accepted by the Owners,for certain property located within Government Lots 2 and 7 of Section 4,Township 78 North,Range 26 West,Waukee,Iowa;AND WHEREAS,the City Council of the City of Waukee deems it to be in the best interest of the City to purchase the property;AND WHEREAS,the proposed Agreement behveen the Owners and the City of Waukee is attached as Exhibit "A". NOW,THEREFORE,BK IT RESOLVED by the City Council of the City of Waukee on this, the 7"day of July,2014,that the Offer to Buy Real Estate and Acceptance Agreement attached hereto as Exhibit "A"is approved. BK IT FURTHER RESOLVED that the Mayor is hereby authorized to executed said Agreement on behalf of the City and the City Staff is directed to proceed in accordance with the Agreement.Upon the determination of the City Attorney that the conditions of the offer have been satisfied and title delivered staff is authorized and directed to proc d with closing. card,Mayor Attest: Rebecca D.Schuett,City Clerk ROLL CALL VOTE Shane Blanchard Brian Harrison Casey L.Harvey Shelly Hughes Rick Peterson X X X NAY ABSENT ABSTAIN X OFFER TO BUY RKAL ESTATE AND ACCEPTANCE (NON~SIDKNTIAL) TO:Richard W.Giles and Carolyn A.Giles as trustees of'the Richard W,Giles Revocable Trust under Agreement dated June 24,1999,Linda M.Hakeman and Dallas Hakeman, wife and husband,Marlene M.Warren and Dan Warren,wife and husband (Sellers) The undersigned BUYERS hereby offer to buy and the undersigned SELLERS by their acceptance agree to sell the real property situated in Waukee,Iowa,legally described as; See Acquisition Plat attached as Exhibit A together with any easements and appurtenant servient estates,but subject to any reasonable easements of record for public utilities or roads,any zoning restrictions customary restrictive covenants and mineral reservations of record,if any,herein referred to as the "Property,"upon the following terms and conditions provided BUYERS,on possession,are permitted to use the Property for construction of right of way. 1.PURCHASE PRICE.The Purchase Price shall be $20,520.00 the method of payment shall be as follows:$0.00 with this offer,to be deposited upon acceptance of this offer and held in trust by Brick Gentry P.C.as earnest money,to be delivered to the SELLERS upon performance of SELLERS'obligations and satisfaction of BUYERS'contingencies,if any;and the balance of the Purchase Price paid at closing. 2.REAL ESTATE TAXES. A.SELLERS shall pay all real estate taxes that are due and payable as of the date of possession and constitute a lien against the Property,including any unpaid real estate taxes for any prior years. B.SELLERS slmll pay their.prorated share,based upon the date of possession,of the real estate taxes for the fiscal year in which possession is given (ending June 30,2014)due and payable in the subsequent fiscal year (commencing July 1,2014). 3.POSSESSION AND CLOSING.If BUYERS timely perform all obligations,possession of the Property shall be delivered to BUYERS on July 10,2014,and any adjustments of rent, insurance,taxes,interest and all charges attributable to the SELLERS'possession shall be made as of the date of possession.Closing shall occur after approval of title by buyers'attorney and vacation of the Property by SELLERS,but prior to possession by BUYERS.SELLERS agree to permit BUYERS to inspect the Propetty within 24 hours prior to closing to assure that the premises are in the condition required by this Agreement.If possession is given on a day other than closing,the patties shall make a separate agreement with adjustments as of the date of possession.This transaction shall be considered closed (upon the delivery of the title transfer documents to BUYERS)and receipt of all funds then due at closing trom BUYERS under the Agreement. 4.DEED.Upon payment of the purchase price,SELLERS shall convey the Property to BUYERS by warranty deed,free and clear of all liens,restrictions,and encumbrances except as provided in this Agreement.General warranties of title shall extend to the time of delivery of the deed excepting liens or encumbrances suffered or permitted by BUYERS. 5,USE OF PURCHASE PRICE,At time of settlement,f'unds of the purchase price may be used to pay taxes and other liens and to acquire outstanding interests,if any,of others. ACCEPTANCE.When accepted by Sellers together.with the City Council of the City of Waukee,Iowa,this Agreement shall become a binding contract, A«'eptcd Dated &I r BUYI.:&S City of 'aukee,iowa William F.Pean.Mayor SFI,LFRS Richard %.Giles and Carolyn A,Giles as Trustees of the Richard W.Giles Revocable Trust under Agreement dated June 24,1999 a«m l -:u--'-,-t,..(-&-E'~~:'L.V&~/it.«P,/''a Richard W.Giles,Trustee Attest:Rebecca Schuet City Clerk Address:230%..Hickn»an 4«»ad Waukee,IA 502(». Telephone:515-987-7900 Address:3766 Stone Point Dr.NE, Rochester,MN 55906 Linda M.Hakeman Dallas Hakeman Address:3069 SE Waco Place %aukee,IA 50263 Marlenc M.%arrcn Dan %arren Address;56490 Jack Nicholas Blvd La Quinta,CA 92253 BUYERS by warranty deed,free and clear of all liens,restrictions,and encumbrances except as provided in this Agreement.General warranties of title shall extend to the time of delivery of the deed excepting liens or encumbrances suffered or permitted by BUYERS. 5.USE OF PURCHASE PRICE.At time of settlement,funds of the purchase price may be used to pay taxes and other liens and to acquire outstanding interests,if any,of others. ACCEPTANCE.When accepted by Sellers together with the City Council of the City of Waukee,Iowa,this Agreement shall become a binding contract. Accept«d ,2014 Dated ,2014 B VERS City I'Waukee,Iowa SELLERS Richard W.Giles and Carolyn A.Giles as Trustees of the Richard W.Giles Revocable Trust under Agreement dated June 24,1999 William F.Pea 'd.,Mayor Richard W.Giles,Trustee Attest:Rebecca Schu t„City Clerk Address:230 W.Hickmar &oad Waukee,IA 50263 Telephone:515-987-7900 Carolyn A.Giles,Trustee Address:3766 Stone Point Dr.NE, Rochester,MN 55906 ia X~V 4.(~w E'IMAM I I»(fa M,Hakeman Dallas Hakeman Address:3069 SE Waco Place Waukee,IA 50263 Marlene M.Warren Dan Warren Address:56490 Jack Nicholas Blvd La Quinta,CA 92253 BUYERS by warranty deed,free and clear of all liens,restrictions,and encumbrances except as provided in this Agreement.General warranties of title shall extend to the time of delivery of the deed excepting liens or encumbrances suffered or permitted by BUYERS. 5.USE OF PURCHASE PRICE.At time of settlement,funds of the purchase price may be used to pay taxes and other liens and to acquire outstanding interests,if any,of others, ACCEPTANCE.When accepted by Sellers together with the City Council of the City of Waukee,Iowa,this Agreement shall become a binding contract. Accepted JMP( BUYERS City of Waukee,Iowa ,2014 SELLERS Richard W.Giles and Carolyn A.Giles as Trustees of the Richard W.Giles Revocable Trust under Agreement dated June 24,1999 rl lam I'.PeNrI,Mayor Richard W.Giles„Trustee Attest:Rebecca Schuett,City Clerk Address:230 W.Hickman Road Waukee,IA 50263 Telephone:515-987-7900 Carolyn A.Giles,Trustee Address:3766 Stone PQ1Ilt Dr.NE, Rochester,MN 55906 Linda M.Hakeman Dallas Hakeman Address:3069 SE Waco Place Waukee,IA 50263 Dan Warren Address:56490 Jack Ne(&e@~sBlvd La Quinta,CA 92253 Prt7PBrgd by Jere(R»y 8o(tk(IP,8191 Bfrchjv(md Court,Sjjitc L,Jahfjstotf,IA 50313 Phofta'!f1~F2%'-1393 R(GHT-OF-tAJA'rr 8Eff46 Cgf»i~A=.YEO TO THE CtTY OF WAUKEE ALICEG f@3AD BICI4ARG W.Gtj;r A'4()CAPOLY(4 A.GfLES PARCH 1 TRUE'I FFS OF THE BJCI4APD Vlf.GILES REVOCABLE TRUST f.E»eAf TIFSCRfPT(Of6 APL-',i(1: 8 t»ABCEJ OP LAND LOCA(FD IN GQVETIJ(MFNT LOT 2 JV40 (4ON BI4NL»NT I QT 7 GF SFf TION 4,TOWNSHIP 76 NQKDI,RANGE 26 WLST GF THFFIFTH PB(NCIPLE trfEBIDIAN t4QW IN AND «FOB(4ft48 A I»l«»BT OF 'B IE CITY GF WAKJI(EE DAI»LAS»CQVN IY fOWA MORE PARTICUI ABLY OFSCBJSFD AS FQJLGWS« (87(rjf«jL«t4CIN(BAT THE feOI4TI4F»A«8»TC(JBN!R GP SiTIC LGT I„I IENC!(SOUTH 0 24'43"WEST,44898 FFFI ALONG T!IEEAST UNEOP SAID G(7»7877»»j«IE71 i'I G»T 7.'Tl IENCI««4M rT'I1 g%'X'!7»'W;=R7.-*»»4 »84 FFPT 'TO TJIE PGIttT QF BF«884f4IIN(2»B IENCp NQITTH L»7»g8'ri r"W(S»T,4 IS 42 FE(TJ THEI(fÃ f'IG(TPH«itfEST'.JJTLY AD!St »V4&'i'' r 2;I="7 r2 FEET iLG«NG THE ABC GF A NQNTANBFNT CURVE CONCAVE ttORTIfEASYEBLY WJYI4 Ar'EI477(AI ANGLE QF 6 i»Sr»e f8»»3 jtx«DIV»S GF 74;»»BB PFF I AND@ CHORD Tt»AT BEARS NORTH 23«28 29»I»VEST 147 18»FEET-'IEf'JOE SQVTt IEBI Y A (IITQi ANCF VF 4ILIIB FEF 7 AL««HG DIE ABC IDF A NGI4TANGENT CURVE COJ»J CAVE l4OFGfHEAS»T«ERL Y WjlH A UEJ(TJTAI ANSLF QF86."jF 67"A ffADI r8 C4 Si-88FE "7Ai«D A CHORD THAI BEARS SOUTH 87 68'51"Er«rST 43 64 FEET THE(4CE NORTH Fi6"jl«i:f»3"EAST,88(j4 p(»E7.THLB»»JCI.='8(»xt!YFJ21«r(f»'.2."."FA~~T,trikwtrl;ET;THENCE BQUTHF»1STE(TLYA DISTAN»CEOF 6":.78 FEET ALONG ITIE Af'O Oi «2»NGI Tf AHG(B41 (»x»ttp»«E CO»NCA'»»E (4O(4 (~4%8(ERLV Vxff(74 A Cf NTR4L ANGLE QF 82'4!*48,A AfvAV 8 C4»I 3!280 FEET AND A C(IGBD Tl'I«YI BEARS 8(3Vrtj27'48'!8"EPBTOI T»FEET TOTI(rj FOiÃr GF BEGIN»NING,CO(JTAteltMG !4 t86 SGVAI(8FFf TGB032ACBES~E GB LESS. 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