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7.1. SR 03-15-1998 ITEM 7. 1. TO: MAYOR AND CITY COUNCIL SUBJECT: PATRICK KLAERS, CITY ADM~TOR MARCH 11, 1993 .~ UPA/CITY PURCHASE AGREEMENT FROM: DATE: The City and UPA representatives have had discussions for over a year regarding the old City Hall (Creamery) site. Staff was directed to negotiate with UPA for this land purchase as UPA is the adjacent property owner and had expressed interest in this property. After reviewing all the potential land uses for this site, the unofficial park and ride activity that exists on this site, and the water treatment building that exists on this site, it was finally agreed upon that UPA would purchase only the property that was formally known as UPA Drive. The terms and conditions are outlined in the attached purchase agreement. . If this sale tak~s place, staff needs to discuss with the Council some landscaping plans for the balance of the property, the park and ride operation, and any future use of the site. The restrictive covenants allows for a chamber facility and this may receive some Council discussion at a future meeting. No Planning Commission review of this sale is needed if the Council (by 4-5 vote) finds that this transaction has no relationship to our Comprehensive Plan and I believe that this is true in this case. Staff believes that the purchase agreement terms and conditions are fair and appropriate as is the purchase price. Staff recommends that the Council accept the purchase agreement as outlined and directs the staff to prepare the documents for signatures to finalize the purchase of this property. . 720 Dodge Avenue N.W., Elk River, Minnesota 55330 (612) 441-7420 . . :. .: ~ Nu.lfiI7'A Ilcvl~",' 1!17I MII.I.I':Il.j)A v IS Co. MhlllUlllllllI1I WIIITF:-om.. Cu"y YELI.OW--lIuy.... COI'Y GllEEN-S.ller'. COI'Y PINIC-Duyer'. nocol"t PURCHASE AGREEMENT .. .~~. ~... .~~.Y.~E...................... .Minn., .................. ................................, 19....?} . UNITED POWER ASSOCIATION, a Minnesota cooperative association RECEIVED OF..................................................................... ............................................................,............................. Ihe sum of.. ~.~ ".f7... .~~?~.~ ~.~.?. ..~.~~...~.?!.~.q.~... ~::-:::-:-.~.-:-::-:-. :-:-.-:-:.-:-::-:-. ~.-:-:.-:-: :-:-.~ .-:-::-:-.. ($...? .,..q .~.~.~..q~) DOLI.ARS .....b..:y...~.I.l.~~.~............""......................................ns earnest money and in pare paymen! for Ihe purchase of properJY~tX (Check. C..h or Nol. - Slale Which) known as UPA Drive . . .............................................. ..... ............................... ......,.....,.......................,.......................................... .sHuatcd In the Coun!Y of....?~~~.l?,~~.~.~............................................... State of Minncsota, and Icgally described as follows, to-wit: A~proximately: The northeasterly 40 feet of Lots 1, 2, 3, 4 and 5, Block Vlllage of Elk River, as shown on Exhibit A attached hereto and made a part hereof. includilll; ftll gftrdefl bulb3, pi , shades, blinds (including venctian blinds), CUrlaJn rods, traverse g allt mlbs, plumbing lixlIIres, hot walcr tanks and heating plam (with 'any burners 6k, nl Olhcr equipment used in connection Ihere. with), watcr soflcner and liquid gas tank .anJ~s I Ihe properly of seller). slimp pump, Ielevision anlcnna, inciner- alOr, built-in dishwatlier;--g;rrlm1fe{[1sl10sal, ovens, cook lOp stoves and ccntral air conditioning equipment, if any, used and "'leJ 91\ saiJ-p_is@s ARd induding alse Ihe follewffig per30I\al-prere*Y': 8, all of which property the undersigned has this day sold to the buyer for the sum of: q~~... ~.~~.~.q~~.q... ~.~.Y.~.~.t Y~.r~ y~... ~~S?~ .~.?.~~...~~9.-.. .n9.1.+..9. P.::.::::-.~.::::-.. ($ .+..7. ?.f..~9.P.:. .~ODOLLARS, which the buyer agrees 10 pay in the following manlier: Earnest money herein paid $..?d?.q.9..~.P.q. and L~.7.q.(.9.Q.9..~.Qf1sh, on .!\P.~~J....~..L..~~.~}......, the date of closing. See Addendum No. One attached hereto and made a part hereof for a~ditional terms of this Agreement. Quit Claim Subje(( 10 performance by the buyer Ihe seller agrees 10 execule an,1 ,Ieliver a................................................ ...........:.............. '\t;f~~~ Deed (I" be jnined in by S1'8113C, if aRY) "iII"cyiR8 J'A'HI'Ol.,hlll lilla IA [Aiel "ra...i,c, ",I, . (a) Duil.1inll and loning laws, or.linances, Slale ami Federal regulalions. (b) Reslliclions relalin/l 10 use or iml'rovemelU of l,remises wit . ellure provision. (c) Reservation of any minerals or nllne' ale of Minnesota. (d) Ulilit an' 'illS w lich ,10 nO! interfere will. present improvements. ,~a '" The buyer shall pay Ihe real est.ate laxes due in Ihe year 19. :'. ... Seller represents that there are no special assessments against the property. . . Neilher the seller nor Ihe seller's agent make any representalion or warrallly whatsoever concerning the amount of real estate laxes which sh,,1I be assesse,l allainst Ihe property subsequent to the ,laIC of purchase. . Seller covenanlS thatllllihlinl\s, if any, are entirely wilhinlhe boun.l"ry lines of Ihe propertY.llnll "~rLe~:~ ~~~C all "enR..or rr-1'8rl'\' nor indu.led herein and all ,Iehris from Ihe premises prior 10 possession ,hue SFII t:1l W....nRAHT3"* . . . .1 liS, I WATlNG. AIR CONDITIONIN~ WmINr. AND 111 UMBIN~D l.ULATliD ON SAID PREMISES AilE IN PIlOI'IHl WORKING ORDER It'1' r..\ II. 01 CL m . th d t fl' The seller fUrlher ar,rees to ,Icliver 1'05session not !:lIer'lhan ...~.....i:l...e...o........C?....().s.:L.n~ovide.llhal ~II condilions o( this agreemenl have been complied with. Unless oll,erwise specilied Ihis sale s.h" II be dose.1 on or before 60 .Iays frolll Ihe dale hereof. .J.n-the elent Ihis I'r81,uly-fs-.test~~,-",J.~11' ,1~nl'Il".II,y lire or ony ",!.pr (?I'ce before lh. &1..ciIl8 .Ialc, rhi, "ll18c...e..r ,hall Ioc'9...a .."II 811.1 \'"i,I, Ilr doe-f'urd'"M!!" "f'lioR, and all mA"i"s-pai,1 h"r"\U,,I.. t1,,1I bll luluRd..lr" hi.... 'fin.. LU)'\.I IUIlI ;n.ltCT-;tt!O .....hle.II, I\AH:c.. tiltH IHft-l"ttf1t-ftttj\lstRleRt:i 01 re-RU, il~te-fe3t. i'UUfftl1Ct 8"J eit~ uAter. ""nl. i.. tl.l (AJ.< of iRClIlMt ,:~:,~erM f~:;~~~~~t~~~:~:gl?:t:tgl~~:e~i~~~:v%~Pffltiii$~~;J;~;'l~ ~~.~~~;.. ~i;~;;~;;" "r" ~'i; i~," .~;.. ~.. Rellis;e;~~i' 'i;r(lI'~;I~ Ahstracl ce,M,e,Fro ,hlle to inclu.le proper searlhes coverinl: bankruJ>lcies, and Slale and Fc.leral jn.!l1ments allll liens. The I"'l'cr shall be allowed 10 ,lal'S after receipr Ihereof (or examinatioll of said tille an,l Ihe maki"H o( any ohjections lhcrer", saill ohieClions 10 he ma,le in writin/l or .Ieeme.! 10 be waive,1. If any ohjeClions are so ma.le Ihe seller shall be allowe.l 120 ,lays 10 make such tille markelahle. "en,ling corrcction o( rille rhe paymenrs hereun.ler require.l shall he postpone.l, 11I1I upon correnion of lille an,1 wilhin J() .lays after wlillell nOlice 10 rhe buyer, the parlies shall I,erform Ihis allreemeor acco,.Iinl1 1tI ilslerms. If sai.!lirle is not marketahle an.! is nol made so wirhin 120 ,lays (rom d.e .Iarc o( wrillen ohjellions therelo as ahove proville.l, Ihis a/lreemelll shall he null an.l voi,I, at oprion of Ihe buyer, an.! neilher prillcipal shall he liable (or ,Iamagcs hcreunder 10 rhe olher priucipal. All mnncy d,erelo(me pail\ hy the bu).er shall be refun,led. If Ihe rille 10 sai,lpropcrty be (oulI,1 marketable or he so ma.le within said rime, and said huyer shall default in any o( Iheagreemenls a,"1 conrinue in ,Iefault for a !,eliod of 10 .Iays. Ihen an.1 in dUll case Ihe seller mar lerminale Ihis conllan an.1 on Stich lerlllillation alllhe pay me 1115 made upon Ihis conrcaCl shall hc reraine.l hy sai.l seller an.1 sai.1 al1enl, aF, Iheir ,cspeClive inrercs.s m"y "!'pe",. "s li'lui,hllcd ,1"maHes, rime heinl: of Ihe essence hercof. This provision shall nOI deprive either parry o~ rhe ril:11I of enforcinl1 Ihe spccili performance o( this coorraCl pruvillell such conllaCl shall nlll be tcrm;,ulledas afores,,;d. allll provide,1 acrim~ 10 en(orre such sl>ecilic performa ce shall be commencc.! wilhin six monlhs afler slllh right o( aclion shall arise. , It is u,,,lerslOod an.1 ap,r cd Ihat Ihis sale is made suhjeCl 10 Ihe approval by rhe oWller of sai.1 premises in wriling Rnd Ihar rhe nndcr~ sillnell agclll is in no manner lia Ie or responsihle on aClounl of Ihis allreemenl, excel,r 10 renlrn or acrounl (or Ihe earnest money paid under Ihis conllaCI. The delivery of all papers and m nies shall be made uthe office of: Seller . . . -. . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . .. . . .. . . . . . . . . . . . . . . . . . . .- . . . . . . . . . . . . . . . . ~ ! ......................................................................................... .......................................................................................1 I, the un.lersigned, ownet of he above land, do hereby approve the above agreemenr and Ihe sale hereby made. Dy ...................... ..................................................................... .Agen~ I herehy agree 10 purchase the said properlY for Ihe price an.! lI)>on the rellns ahove melllioned, and subject 10 all condilions herein eXlllessed. i CITY OF ELK RIV R .................................................... ... .... ................................... (SEAL) Slier UNITED POWER ASSOCIATION i ....................................................... ....................................... (SEAL)! Duyer By: ... ..... ................ ....,....................... ,...... ..... .............. ................ (SEA L) Its: Duyer .~y..;............................................ .... .... .............................. ... (SEA L) Its: Seller . . . ADDENDUM NO. ONE TO PURCHASE AGREEMENT BY AND BETWEEN UNITED POWER ASSOCIATION, BUYER AND CITY OF ELK RIVER, SELLER The following terms and conditions are hereby incorporated in the Purchase Agreement dated March , 1993 (the "Purchase Agreement"), by and between Buyer and Seller. Wherever there is a conflict between the Purchase Agreement and this Addendum No. One (this "Addendum"), the provisions of this Addendum shall govern: 1.) Legal Description - Seller shall cause a survey of the property that is the subject of this Agreement (the "Property") to be prepared at Seller's expense within thirty (30) days after the date hereof by a Minnesota Registered Land Surveyor, and certified in favor of Buyer and Seller. Said survey shall accurately legally describe the Property. Said legal description shall be approved by Buyer and Seller and thereafter shall replace the approximate legal description set forth in the Purchase Agreement. 2.) Easement to Seller - At the closing, Buyer shall grant to Seller an easement over, upon and across the Property for access to Seller's well and filtration plant, as well as for ingress, egress and access to the balance of Lots 1, 2, 3, 4 and 5, Block 8, Village of Elk River (commonly known as the old City Hall site and the old creamery building site and referred to herein as the "OCH Parcel"). Such easements shall be in form and substance acceptable to Seller. In the alternative, in Seller's deed to Buyer, Seller may reserve said easements. 3.) Street Vacation - Prior to the date of closing, Seller shall, if necessary, vacate the Property as a public street or right of way and shall cause the Property to be subdivided as a separate tax parcel by appropriate action. If Seller is diligently undertaking to so vacate and subdivide the Property, but said vacation and/or subdivision has not been completed by the date of closing, Seller shall have such additional period of time necessary to complete the vacation, but not to exceed an additional ninety (90) days. If such vacation and/or subdivision has not been completed within said additional ninety (90) days, then, at the option of Buyer or Seller, this Agreement shall be null and void and the earnest money and any other part of the purchase price paid at that time shall be returned to Buyer. 4.) Restrictive Covenants against Old City Hall Site - On or before the date of closing, Seller shall subject the property referred to above as the OCH Parcel to certain restrictive covenants. Said restrictive covenants shall provide that the OCH Parcel shall not be used for retail or private commercial purposes. Said restrictive covenants shall not limit the use of the OCH Parcel for governmental, quasi-governmental or nonprofit organization purposes, except that the OCH Parcel shall not be used for school purposes nor for retail government purposes, such as a municipal liquor store. By way of example, but without limitation, the OCH Parcel may be used for a school administration building, government building, Chamber of Commerce building, or park and ride facility. 5.) Maintenance of OCH Parcel - Seller shall retain the responsibility for landscaping and maintenance of the OCH Parcel. 6.) Abstract of Title - If Seller possesses an abstract of title for the Property, Seller shall furnish it to Buyer in its existing state of continuation. If said abstract of title covers other real estate in addition to the Property, then Buyer shall return said abstract of title to Seller on or prior to the date of closing. . . . 7.) Special Assessments - Seller represents that there are no pending special assessments with regard to the Property and that no hearings have been held for improvements which could result in special assessments against the Property. 8.) Hazardous Substances - Seller represents that to the best of Seller's actual knowledge without investigation or inquiry that there are no hazardous substances on or under the Property or any underground storage tanks on the Property. "Seller's actual knowledgell as used in the preceding sentence and as used in Section 9 of this Addendum shall mean the actual knowledge of only the following of ficials: c....J..i AdM irt is+{',..f-D,,... Seller makes no other representation about the Property and Buyer is relying on its own investigation and knowledge of the Property in offering to buy the Property. 9.) Wells - Seller certifies that it does not have any actual knowledge of the existence of any wells on the Property. 10.) Miscellaneous - The headings used herein are for convenience only and are not to be used in interpreting this Agreement. This Agreement shall be construed, enforced and interpreted under the laws of the State of Minnesota. This Agreement may not be modified, amended or changed orally, but only by an agreement in writing signed by Buyer and Seller. Neither party shall be deemed to have waived any rights under this Agreement unless such waiver is given in writing and signed by such party. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written. SELLER: CITY OF ELK RIVER BUYER: UNITED POWER ASSOCIATION By: By: Its: Its: GAR:WI2S 2 . . . ," .. .. , ~ / == ,:,c i;3 ... . 0 !?' ~ 1\ - J 1,,), /1 - .I I- !/j' /...../ ~I ~ J IIJ I I ~: ~ lIJ . { .. \ i t .. ! t":':::. I~!H~ ::,in i~i!~l mm mm mm i!!H!i ;.:.::-.. ill!;i; ~ hi'".., ! F;H~j ~ . i. !~l;ii: i ~~ ..:~.:~ l. .:tl nI1~i~ ; ~l~: .......~' .. e. _ .. .is...... ,c:.1 !iliiH i ~j i .1 Cl I ii[j _ // . -,. ... I . 0 - i .// I .. / .' , .. "~ ,~,~ l~i"'. .'" J ~ ,." 'It I l' v" I '\ oJ \ I .f" :\ " ~ ;t -- I r . ' .iI' :-.~ :l:f / ,..: "l~~ ;/,' .. lt~~ h' .",:'. " "l~"l" \~ \.J I ~./, l'. /" :..-'.~._' ,', I ..' / I" ~!., , ..' .."'.i .~. ., "I. , -;/ , .y. 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