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HomeMy WebLinkAbout841261.tiff AR2005391 RESOLUTION RE: AGREEMENT FOR SALE AND PURCHASE OF RIGHT-OF-WAY AND FOR PAYMENT FOR USE OF EASEMENT -- STANLEY A. AND LEONE M. ZIMMERMAN. WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado Statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board of County Commissioners deems it in the best interests of Weld County to purchase a certain parcel of land between State Highway 7 and Weld County Road #6, and WHEREAS, Stanley A. and Leone M. Zimmerman are the owners of said property, and WHEREAS, it is in the best interests of Weld County to make an offer to purchase, in lieu of condemnation proceedings, according to the terms and conditions as set forth in the agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County that the agreement for Sale and Purchase of Right-of-way and for Payment for Use of Easement with Stanley A. and Leone M. Zimmerman be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said agreement. The above and foregoing resolution was, on motion duly made and seconded, adopted by the following vote on the 21st day of March, A.D. , 1984. .. L - BOARD OF COUNTY COMMISSIONERS ATTEST /- i". ;._;,,;,,s_sr1) WELD COUNTY, COLORADO Weld County Clerk and Recorder and Clerk to the Board Norman Carlson, C airman BY: /,,,,4 rd v,. >AA a uelin Johnson ro Tem eputy County Clerk 441 t Approved as to form: Gene Brantner / cL'Ll:17 n k Carlson ounty A torney c ; 710772- Jolyh Martin B 1065 REC 02005391 04/11/85 09: 33 $0. 00 1/006 F 0194 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO /1-'5o '. 841261 B 1065 REC 02005391 04/11/85 09:33 $0 . 00 2/006 F 0195 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO VACANT LAND AGREEMENT FOR SALE AND PURCHASE OF RIGHT-OF-WAY AND FOR PAYMENT FOR USE OF EASEMENT THIS AGREEMENT, made at Greeley, Colorado, this ,cf (� day of iY\ Pr �-�� , 19 V4 , between WELD COUNTY, COLORADO, hereinafter "Purchaser" , and STANLEY A. AND LEONE M. ZIMMERMAN, hereinafter Sellers. WITNESSETH: That in consideration for the payment by the Purchaser to Sellers of good and valuable consideration, Sellers agree to allow Purchaser to use the easement for the construction of Weld County Road 5 as shown in Exhibit "A, " as construction easement, attached hereto and incorporated herein by reference, hereinafter referred to as the "easement. " The term of the easement shall be for one year from the date of execution of this agreement. Easement shall be renewable under the same terms and conditions as set forth herein upon the mutual consent of the parties herein. WITNESSETH: That in consideration for the payment by the Purchaser to Sellers of good and valuable consideration, Sellers agree to sell to the Purchaser and the Purchaser agrees to purchase from Sellers the right-of-way described in Exhibit "A, " attached hereto and incorporated herein by reference, hereinafter referred to as the "right-of-way" according to the terms and conditions set forth herein. The agreement of sale and purchase of right-of-way is subject to the following conditions: 1 . Sellers shall furnish to Purchaser a warranty deed con- veying only the surface rights of the right-of-way. Title insurance need not be provided by Sellers except as provided in paragraph 5. 2 . Title shall be merchantable in Sellers , except as stated in this paragraph and in paragraphs 5 and 6 . Subject to payment or tender as above provided and compliance by Purchaser with the other terms and provisions hereof, Sellers shall execute and deliver a good and sufficient general warranty deed to Purchaser on April 10 , 1984 , or, by mutual agreement, at an earlier date, conveying the property free and clear of all taxes , except general taxes for 1984 , payable January 1 , 1985 , and free and clear of all liens for special improvements installed as of Page 1 of 4 Pages r B 1065 REC 02005391 04/11/85 09: 33 $0. 00 3/006 F 0196 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO the date of Purchaser' s signature hereon, whether assessed or not; free and clear of all liens and encumbrances, and except the recorded and/or apparent easements and subject to building and zoning regulations. 3 . General taxes for the year 1984 shall be apportioned to date of delivery of deed based on the most recent levy and the most recent assessment. 4 . The date of closing shall be the date of delivery of deed as provided in paragraph 2 . The hour and place of closing shall be as designated by Purchaser. 5 . Except as stated in paragraph 2 and this paragraph, if title is not merchantable and written notice of defect (s) is given by Purchaser or Purchaser' s agent to Sellers or Sellers' agent on or before date of closing, Sellers shall use reasonable effort to correct said defect (s) prior to date of closing. If Sellers is unable to correct said defect (s) on or before date of closing, at Sellers ' option and upon written notice to Purchaser or Purchaser' s agent on or before date of closing, the date of closing shall be extended thirty (30) days for the purpose of correcting said defect (s) . Except as stated in paragraph 2 , if title is not rendered merchantable as provided in this paragraph 5 , at Purchaser' s option, this contract shall be void and of no effect and each party hereto shall be released from all obliga- tions hereunder and all payments and things of value received hereunder shall be returned to Purchaser provided, however, that in lieu of correcting such defect (s) , Sellers may, within said thirty (30) days, obtain a commitment for owner' s title insurance policy in the amount of the purchase price reflecting title insurance protection in regard to such defect (s) , and the Pur- chaser shall have the option of accepting the then existing insured title in lieu of such merchantable title. The Sellers shall pay the full premium for such owner' s title insurance policy. 6 . The Sellers agree to release the Purchaser from all consequential damages except damages caused by the negligent or willful misconduct of the Purchaser or its employees, present or prospective, to the remainder of Sellers ' property arising out of the construction, maintenance, or repair of Weld County Road 5 . 7 . Time is of the essence hereof. If any note or check received as earnest money hereunder or any other payment due hereunder is not paid, honored or tendered when due, or if any other obligation hereunder is not performed as herein provided, there shall be the following remedies : (a) IF SELLERS ARE IN DEFAULT, (1) Purchaser may elect to treat this contract as terminated, in which case all Page 2 of 4 Pages B 1065 REC 02005391 04/11/85 09: 33 $0. 00 4/006 F 0197 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO payments and things of value received hereunder shall be returned to Purchaser and Purchaser may recover such damages as may be proper, or (2) Purchaser may elect to treat this contract as being in full force and effect and Purchaser shall have the right to an action for specific performance or damages, or both. (b) IF PURCHASER IS IN DEFAULT, (1) Sellers may elect to treat this contract as terminated, in which case all pay- ments and things of value received hereunder shall be forfeited and retained on behalf of Sellers and Sellers may recover such damages as may be proper, or (2) Sellers may elect to treat this contract as being in full force and effect and Sellers shall have the right to an action for specific performance or damages , or both. (c) Anything to the contrary herein notwithstanding, in the event of any litigation arising out of this contract, the court may award to the prevailing party all reasonable costs and expenses, including attorneys' fees. 8 . Following the date of closing, if construction of Weld County Road 5 affects any of the Sellers ' existing fences, the fences will be moved and restored to the current conditions and fencing will be constructed along the road where it does not currently exist according to the specifications set forth in the resolution authorizing Weld County Local Improvement District #1984-1 . 9 . Possession of the property shall be delivered to Purchaser upon closing and shall not be subject to any leases or tenancies. 10 . Purchaser agrees to build at a point to be mutually agreed upon by the parties, at Purchaser' s expense, a 12-foot gravel driveway from Weld County Road 5 and a gate in Sellers' fenceline, after closing, but prior to the final completion of Weld County Road 5 . If this proposal is accepted by Sellers in writing and purchaser receives notice of such acceptance on or before March 28 , 1984 , this instrument shall become a contract between Sellers, and Purchaser and shall inure to the benefit of the heirs, successors, and assigns of such parties. Purchaser possesses authority pursuant to State statute to condemn the subject property for the construction of a public road and this proposal is made in lieu of exercise of this power of condemnation. Page 3 of 4 Pages B 1065 REC 02005391 04/11/85 09: 33 $0. 00 5/006 F 0198 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO IN WITNESS HEREOF, the parties hereto have subscribed their names this 21st day of March , 19 84 . ATTEST:_ J 1,1 a- BOARD OF COUNTY COMMISSIONERS 4 LvK447- W14.4e4.7 / WELD COUNTY, COLORADO � We `Cf erk and Recorder Cam.. ai�C�ke11so the Board By: / Chairman for Purchaser B} ' G""�;; SPJu/a� ': J ty County C erk ,., (The"fa?jowing section to be completed by Sellers. ) Sellers accept the above proposal this 2(o day of (1a,re L , 19 84 . By: By: By: SUBSCRIBED AND SWORN to before me this 26th day of March , 19 84 . WITNESS my hand and official seal. *.- - - - - - OFFICIAL SEAL Q .Mr, O LE NOTARY UBICBcAO IFONNIA tine LOS ANGELES 00UN4Y he ''IL.,s- t My comm. expires AUG 14, 1987 otary ublic My commission expires: August14, 1987 Page 4 of 4 Pages EXHIBIT A NE CORNER SEC . 32-1-68 40' 75' X , LI: I CONSTRUCTION V I ENO SCALE) EASEMENT I II NE 1/4 NE 1/4 +I CD ZIMMERMAN, STANLEY A. & rNn LEONE M . i 1925 VIA CORONEL PALOS VERDES EST, CA , 90274 15' CONSTRUCTION EASEMENT ---r 1/16 CORNER 40' E . 40' OF THE NE 1/4 NE 1/4 SEC . 32-1-68, LESS EXISTING RIGHTS-OF WAY. AREA = 1 .21± ACRES B 1065 REC 02005391 04/11/85 09: 33 $0. 00 6/006 F 0199 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO PREPARED BY : NEL ON ENGINEERS GREELEY NATIONAL PLAZA 822 7TH STREET GREELEY,COLORADO 80631 - r rded at o'clock M, on BOOK Page AR2005392 tlonNo. p Recorder cam- Warranty Deal THIS DEED is a conveyance of the real property described below, including any improvements and other appurtenances (the "property") from the individual(s), corporation(s), partnership(s) or other entity(ies) named below as GRANTOR to the individual(s) or entity(ies) named below as GRANTEE. The GRANTOR hereby sells and conveys the property to the GRANTEE and the GRANTOR warrants the title to the property, except for(1)the lien of the general property taxes for the year of this deed, which the GRANTEE will pay (2) any easements and rights-of-way evidenced by recorded instruments (3) any patent reservations and exceptions (4)any outstanding mineral interests shown of record(5)any protective covenants and restric- tions shown of record, and (6) any additional matters shown below under "Additional Warranty Exceptions". The specific terms of this deed are: GRANTOR: Go,, name(y) and place(s)of residence: if the spouse of the owner-grantor is Joining in this Deed to release homestead rights. identify grantors as husband and wife.) Stanley and Leone Zimmerman of Bothell, Washington GRANTEE: (Give name(s)and address(es), statement of address, including available road or street number, is required ) County of Weld, State of Colorado 915 Tenth Street Greeley, Colorado 80631 FORM OF CO-OWNERSHIP: (If there are two or more grantees named, they will be considered to take as tenants in common unless the words"in loins tenancy"or words of the same meaning are added in the space below.) PROPERTY DESCRIPTION: (Intlude county and state.1 The East 40 feet of the Northeast Quarter of the Northeast Quarter of Section 32 , Township 1 North, Range 68 West of the 6th Principal Meridian, Weld County, Colorado. B 1065 REC 02005392 04/11/85 09: 34 $0. 00 1/001 F 0200 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO • CONSIDERATION: (The statement of a dollar amount is optional, adequate consideration for this deed will be presumed unless this conveyance is identified as a gift, in any case this conveyance is absolute, final and unconditional ) Good and valuable consideration • RESERVATIONS-RESTRICTIONS: (If the GRANTOR intends to reserve any interest in the property or to convey less than he owns,or if the GRANTOR is restricting the GRANTEE'S rights in the property. make appropriate indication.) Grantors reserve to their heirs and assigns, all right, title and interest in the mineral estate. ADDITIONAL WARRANTY EXCEPTIONS: (Include mortgages being assumed and other matters not covered above.) And excepting apparent easements. Signed on iy ".r,.3 , 19 ' v Attest Grantor • • Grantor STATE OF COLORADO ) COUNTY OF ) ss' Grantor The foregoing instrument was acknowledged before me this day of , 19 by WITNESS my hand and official seal. My commission expires: f ayf[ttttrp,,1 Notary Public '� R I,k� . .).4--- .z ��` ss. F �, Q� /sent was acknowledged before me this .f 3L day of ni): i , 19 r. `/ ffdrA:(abd official seal. , J L , _j) iele sy. ���� ,�„ .A,�� Notary Public -4 C 6 1977 UFORZ94€GRL FORMS • NO. 201 P.O. BOX 1815, GREELEY, COLORADO 80632 Hello