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5.7. ERMUSR 11-12-2003 Elk River Municipal Utilities 322 King Avenue phone: 763.441.2020 Elk River,MN 55330 Fax:763.441.8099 November 4, 2003 To: Elk River Municipal Utilities Commission John Dietz Jerry Takle James Tralle From: Bryan Adams Subject: Land Purchase Well #8 At the October Elk River Municipal Utilities Commission meeting, you were appraised of the need to relocate Well #8, within the City Park to accommodate the park and recreation commissions concerns. In order to satisfy the Minnesota Department of Health requirement and avoid filling wetlands, we need to purchase approximately 0.2 acres of land from Grace Assembly of God Church. Upon the recommendation from staff, John Dietz, Elk River Municipal Utilities Commission President, authorized execution of the attached purchase agreement. The utility commission should also authorize this purchase agreement. VACANT LAND PURCHASE AGREEMENT 1. PARTIES. This Purchase Agreement is made on OCI 2% , 2003, by and between Grace Assembly of God Church, a Minnesota corporation, SELLER, and Elk River Municipal Utilities, BUYER. 2. OFFER/ACCEPTANCE. Buyer offers to purchase and Seller agrees to sell real property located in Sherburne County, Minnesota, legally described as follows: See attached Exhibit A. 3. PRICE AND TERMS. The price for the real property included in this sale is Eleven Thousand and no/100 Dollars ($11,000.00), which the Buyer shall pay as follows: a. Earnest money in the amount of One and no/100 Dollars ($1.00), receipt of which is hereby acknowledged by Seller. (Earnest money to be held in file by TERPSTRA, BLACK & MOORE, LTD); and b. Eleven Thousand and no/100 Dollars, ($11,00.00), by Buyer crediting Seller's monthly electric, water and waste water utility bills until the balance of the purchase price is paid in full. (Earnest money to be refunded to Buyer.) 4. DEED/MARKETABLE TITLE. At closing, Seller shall execute and deliver a Warranty Deed, conveying marketable title to the Buyer, subject to: a. Building and zoning laws, ordinances, state and federal regulations; b. Restrictions relating to use or improvement of the property without effective forfeiture provisions; c. Reservation of any mineral rights by the State of Minnesota; d. Utility and drainage easements which do not interfere with existing improvements; and e. The following exceptions to title which constitute encumbrances or restrictions which have been disclosed to Buyer and accepted by Buyer in this Purchase Agreement (must be specified in writing): none 5. TAXES AND SPECIAL ASSESSMENTS. Seller shall pay all general real estate taxes and installments of special assessments due and payable in the year prior to the year in which the Closing occurs and in all years prior thereto. Seller and Buyer shall prorate to the Closing all general real estate taxes due and payable in 2003. Buyer 1 assumes and shall pay all general real estate taxes in all years subsequent to Closing. Seller SHALL PAY ON DATE OF CLOSING any deferred or delinquent real estate taxes or special assessments. 6. CLOSING. The Closing (herein the "Closing" or"Date of Closing") shall take place on November 15, 2003. 7. SELLER'S BOUNDARY LINE, ACCESS, RESTRICTIONS AND LIEN WARRANTIES. Seller warrants that buildings, if any, are entirely within the boundary lines of the property. Seller warrants that there is a right of access to the real property from a public right of way. These warranties shall survive the delivery of the Deed. 8. SUBDIVISION OF LAND/EASEMENT. Seller agrees to cooperate with the Buyer in the subdivision of the parcel being purchased. Buyer to pay all subdivision expenses • and obtain all necessary governmental approvals. Seller agrees to sign any plats or other documents required by Buyer for the subdivision process. In the event Buyer is not successful in securing subdivision approval, Seller shall grant Buyer a permanent easement to the parcel for the purpose of constructing and maintaining a municipal well. 9. CONDITION OF PROPERTY. Seller shall remove all debris and all personal property not included in this sale from the property before possession date. Buyer shall have the right to have inspections of the property conducted prior to closing. 10. DISCLOSURE OF NOTICES. Seller has not received any notice from any governmental authority as to violation of any law, ordinance or regulation. If the property is subject to restrictive covenants, Seller has not received any notice from any person as to a breach of the covenants. 11. TIME IS OF THE ESSENCE FOR ALL PROVISIONS OF THIS CONTRACT. 12. POSSESSION. Seller shall deliver possession of the property on the date of execution of this Agreement. Buyer to begin immediate construction of a municipal well. 13. TITLE. As soon as shall be reasonably possible after the date hereof, Seller, at Buyer's expense, shall furnish an abstract of title, certified to date to include proper searches covering bankruptcies, state and federal judgments and liens, and levied and pending special assessments. Alternatively, Seller shall provide to Buyer the written commitment of Old Republic Title Insurance Company committing to insure Buyer's fee title to the real estate constituting the Property, free and clear of all encumbrances except as set forth herein. Buyer shall bear the cost of issuing such title insurance commitment. Buyer shall be allowed ten (10)working days after receipt of such commitment to examine title and making objections in writing to the marketability thereof. If Buyer does not so • 2 object within said period, Buyer shall be deemed to have waived for all purposes its right and ability to claim any defect or objection to title. If any objection is so made, Seller shall have twenty (20) days from receipt of such written objection to satisfy such objections. If such objections are not satisfied within said twenty (20) day period (i) this Purchase Agreement shall be null and void, (ii) neither party shall be liable for damages hereunder to the other party, (iii) the Earnest Money shall be refunded to Buyer, and (iv)the parties shall execute and deliver a Termination of Purchase Agreement in a form acceptable to seller. 14. DEFAULTS; REMEDIES. If either Seller or Buyer defaults in the performance of this Agreement: (i) the non-defaulting party shall be entitled to all remedies available at law or in equity against the defaulting party including, without limitation, the right to require specific performance of the defaulting party of its obligations hereunder, both parties acknowledging that the Property is unique; (ii) if Buyer is the defaulting party, Seller may at its option, cancel and terminate this Agreement, and retain the Earnest Money pursuant to Minnesota Statutes §559.21 and, (iii) in addition, the defaulting party shall pay and reimburse to the non-defaulting party all of its costs, expenses, disbursements and attorneys fees incurred in connection with securing such relief, cancellation, damage or specific performance. 15. MINNESOTA LAW. This Agreement shall be governed by the laws of the State of Minnesota. 16. HAZARDOUS WASTE REPRESENTATION. To the best of Seller's knowledge,the property conforms to and complies with all applicable federal, state and local laws, including environmental, energy and pollution control laws. The premises has been used for agricultural purposes and will contain those substances normally associated with a farm operation. 17. WELLS/SEPTIC SYSTEMS. To the best of Seller's knowledge, the premises contains no wells or septic systems. In the event wells are located upon the property, the cost of sealing said wells shall be the Seller's obligation. 18. CONTINGENCIES. This Agreement is subject to the contingencies set forth in Exhibit B. In the event such contingencies are not removed as specified hereafter, this Agreement shall be null and void at the option of Buyer and the earnest money shall be refunded to Buyer. All of the contingencies set forth in this Agreement are specifically stated and agreed to be for the sole and exclusive benefit of the Buyer and the Buyer shall have the right to unilaterally waive any contingency by written notice to Seller. 19. NOTICES. Any notice, request or other communication between the parties shall be in writing and shall be deemed effectively made or given either: (i) two (2) business days after deposited in the U.S. Mail, postage prepaid, or (ii) on the date personally delivered, if addressed as follows: If to Seller: Grace Assembly of God Church P.O. Box 58 16829 Hwy 10 Elk River, MN 55330 3 If to Buyer: Elk River Municipal Utilities 322 King Avenue Elk River, MN 55330 With a copy to: Ronald G. Black, Esq. TERPSTRA, BLACK & MOORE, LTD. First National Financial Center, Suite 102 812 Main Street Elk River, MN 55330 20. MISCELLANEOUS. a. All captions in this Agreement are for convenience only and shall not be deemed part of this Agreement and in no way define, limit, extend or describe the scope or intent of any provision hereof. b. This Agreement may be modified or amended only with the written approval of both parties. We agree to sell property for the price and We agree to purch se the property for terms and conditions set forth above. the price and con tions set forth above. 'l — Dated: t2!/# 2 , 2003. Dated: DL , 2003. SELLER: BUYER: GRACE ASSEMBLY OF GOD CHURCH ELK RIVER M - ' IPA TILITIES By: l'�.Cc4 1`/r i4-6/ By: ` I° n 11 o Dietz Ili Its: T i9GsIT f ?digTO& Its, Pre ident ) By: J. Bs an Adams Its: eneral Manager f.disntsVgbecutili0.nnu-1ow.r.pa doe 4 EXHIBIT A LEGAL DESCRIPTION A parcel of land of approximately .2 acres as depicted on the attached sketch. R V 1 �, Ll, A I iii •,-.,4...."44,, A O W id O J N ^ 'V •6 =•6.1,1.-6• _ L �I JM�I . 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I _ -11. 9L -1/ 1- CL ''••C le ./iJ J / •''I •MI M I •%• `: •I \ K fV1 le •II - •VI le I I ° .l 1 1 \.. I • , I n J-•• :',4 . 1 J. EXHIBIT B CONTINGENCIES Buyer's performance under this Purchase Agreement is contingent on the following: 1. Buyer obtaining approval by the Buyer's Commission in writing.