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HomeMy WebLinkAbout850320.tiff AR2026043 B 1085 REC 02026043 09/25/85 12: 05 $0. 00 1/002 F 1244 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO RESOLUTION RE: APPROVE AGREEMENT AND ADDENDUM FOR SALE AND PURCHASE OF VACANT LAND FROM BENJAMIN AND JOANNE KNAUB AND AUTHORIZE CHAIRMAN TO SIGN 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, Weld County desires to purchase land on which to place a communications tower, and WHEREAS, Benjamin and Joanne Knaub, have agreed to sell to Weld County a parcel, containing approximately seven acres within the following tract: NON' of Section 6 , Township 3 North, Range 65 West of the 6th P.M. , Weld County, Colorado, and WHEREAS, an Agreement and Addendum, for the purchase of the above described parcel has been presented to the Board, a copy of which is attached hereto and incorporated herein, and WHEREAS , after study and review, the Board deems it advisable to approve said Agreement and Addendum for the purchase of vacant land from Benjamin and Joanne Knaub. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Agreement and Addendum concerning the sale and purchase of the hereinabove described parcel of land from Benjamin and Joanne Knaub be, and hereby are, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said Agreement and Addendum. 850320 B 1085 REC 02026043 09/25/85 12: 05 $0. 00 2/002 F 1245 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Page 2 RE: PURCHASE OF LAND AGREEMENT - KNAUB The above and foregoing Resolution was , on motion duly made and seconded, adopted by the following vote on the 16th day of September, A.D. , 1985 . 4/ �� BOARD OF COUNTY COMMISSIONERS ATTEST W "' � WELD COUNTY, COLORADO Wel If and Recorder EXCUSED an ytiliel Board Ja eline Johnson, Chairman BY: f � ene R. Brantner, Tem county Cl k cA.�L APPROVED AS TO FORM: C. . K ce,`' County Att rney f Fr k a chi AK2tkb044 B 1085 REC 02026044 09/25/85 12: 05 $0. 00 1/007 F 1246 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO AGREEMENT FOR SALE AND PURCHASE OF VACANT LAND It 151( T IS GREEMENT, made at Greeley, Colorado, this 'd day of , 1985 , between WELD COUNTY, COLORADO, by and th ugh the Board of County Commissioners of the county of Weld , he einafter "Purchaser, " and BENJAMIN KNAUB AND JOANNE KNAUB, 3080 South Jay Street, Denver, Colorado 80227 , hereinafter "Sellers. " WITNESSETH: That in consideration of the payment by the Purchaser to Sellers of the sum of FIFTEEN THOUSAND SEVEN HUNDRED FIFTY DOLLARS ($15 ,750 .00) in cash, and other good and valuable consideration, Sellers agree to sell to the Purchaser and the Purchaser agrees to purchase from Sellers the below-described property: The parcel of land including seven (7) acres, more or less, within the following tract: The North Half of the North Half (N'N') of Section 6 , Township 3 North, Range 65 West of the 6th P.M. , Weld County, Colorado. Said parcel of land is triangular in shape and is located approximately 3.5 tenths cf one mile west of the Northeast Corner (NE Car) of the Northeast Quarter (NEA1 of said Section 6 , Township 3 North, Range 65 West of the 6th P.M. , Weld County, Colorado. Said parcel of land is hereinafter referred to as the "Parcel" according to the terms and conditions set forth hereih. The agreement of sale and purchase of Parcel is subject to the following conditions: 1 . Sellers shall furnish to Purchaser a warranty deed conveying only the surface rights of the Parcel. Title insurance to be provided by Sellers. 2 . Title shall be merchantable in Sellers, except as stated in this paragraph and in paragraph 5 . Subject to payment or tender as above provided and compliance by Purchaser with the other terms and provisions hereof, Sellers shall execute and delive �- ood, and sufficient special warranty deed to Purchaser on &Clu $'/I6s or, by mutual agreement, at an earlier date, conveying the p operty free and clear of all taxes , except general taxes for 1985 , payable January 1 , 1986 , and free and clear of all liens for special improvements installed as of the date of Purchaser' s signature hereon, whether assessed or not; free and clear of all liens and encumbrances, and except the recorded Page 1 of 5 Pages B 1085 REC 02026044 09/25/85 12: 05 $0. 00 2/007 F 1247 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO and/or apparent easements , and subject to building and zoning regulations and reserving all mineral rights to the Sellers. 3 . General taxes for the year 1985 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 designated by Sellers. 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 are 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 obligations 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 Purchaser 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 as otherwise set forth herein in paragraph 8 and except damages caused by the negligent or wi]l±ul misconduct of the Purchaser or its employees, present or prospective, to the remainder of Sellers' property arising out of the operation and maintenance, or repair of the tower located on the Parcel. Page 2 of 5 Pages B 1085 REC 02026044 09/25/85 12: 05 $0. 00 3/007 F 1248 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 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 payments and things of value received hereunder shall be returned to Purchaser and Purchaser may recover such damager 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 payments 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. Sellers shall apply to Weld County, at Purchaser ' s expense, for authorization pursuant to Weld County Subdivision Regulations, to create the two lots as shown on Exhibit "A. " Expenses shall include costs of application fees, survey and recording costs. This contract shall be contingent on final approval and recordations of appropriate plats by Weld County. 9 . Possession of the property shall be delivered.- - to Purchaser upon closing and shall not be subject to any leases or tenancies. Sellers shall assume all costs of compensating any tenants or leaseholders for any damages as a result of the taking of any remainder. 10. The Sellers represent and warrant as the day hereof and as of the date of the closing that neither the execution of this Page 3 of 5 Pages B 1085 REC 02026044 09/25/85 12: 05 $0.00 4/007 F 1249 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO contract nor the consummation of the transaction provided for herein constitutes, or will result in, any breach of any of the terms, conditions, or provisions, or constitute a default under, any indenture, charter, bylaw, mortgage, loan agreement, lien, lease, license, judgment, decree, order, instrument or other verbal or written agreement to which Sellers are parties of is subject or to which the property is subject, except as provided herein. 11 . The sale and purchase of Parcel according to the terms stated herein shall be contingent upon the results of radio propagation testing of Parcel by Purchaser. Sellers agree to allow Purchaser or its agents entry upon Parcel for the purpose of conducting said radio propagation testing after the date of signing of this Agreement and before the scheduled date of closing. If the results of said propagation testing are not satisfactory to the Purchaser, this Agreement shall be null and void and Purchaser shall not be obligated to purchase Parcel. Purchaser agrees to inform Sellers of the results of said propagation testing at least ten (10) days before the scheduled date of closing. 12 . The sale and purchase of Parcel according to the terms stated herein is contingent upon Purchaser' s receiving approval and obtaining any necessary permits from Federal, State, and local governments for the placement and operation of a radio tower upon Parcel. 13. The purchase and sale of Parcel according to the terms contained herein is contingent upon Purchaser' s obtaining electric power from Home Light and Power Company, Sellers may, at any time, tap into any electric lines running from Home Light and Power Company' s main lines to any facility maintained upon parcel by Purchaser. Sellers may tap into said lines only in accordance with Home Light and Power Company' s rules and regulations and must be in compliance with any and all local, state, and . federal government regulations concerning said tap on electric lines. 14 . Sellers agree to allow Purchaser access to Parcel for the purpose of wiring Parcel for the necessary electricity to operate the radio antenna proposed for the site after the date of signing of this Agreement and before the scheduled date of closing. Page 4 of 5 Pages B 1085 REC 02026044 09/25/85 12 : 05 $0.00 5/007 F 1250 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO If this proposal is accepted by Sellers in writing and Purchaser receives notice of such acceptance on or before , 1985 , this instrument shall become a contract between Sellers and Purchaser and shall inure to the benefit of the successors and assigns of such parties. IN WITNESS HEREOF, the parties hereto have subscribed their names this 16th day of September 1985 . ATTEST: < F1' $ 24. BOARD OF COUNTY COMMISSIONERS ` WELD NTY,rCOLORADO ,¢-- Weld County he & gcorder C� /CJ and Clerk td;�he B By; set CY ,' Profem airman for aser eput pun rk (The f' ing section to be completed by Sellers. ) Sellers accept the above proposal this ' / day of O 41)// cfr 1985 . / fal „ , iyes J FLU"j' � ,r 'ia�-�- Nit Ti— z.? , TAB BED AND SWORN to before fine this f day tf \�l =s c , 1985 . '';:., 0*-.. U awn,* my hand and official seal. t:t.74-441 Notary Publd�' My Commission expires My commission expires: 5353 West Dartmouth Ave4 Denny, Colorado 80227 SUBSCRIBED AND SWORN to before me this day of , 1985 . .._ .._ .. ... WITNESS my hand and official seal. Notary Public My commission expires: Page 5 of 5 Pages B 1085 REC 02026044 09/25/85 12: 05 $0. 00 6/007 F 1251 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO ADDENDUM TO AGREEMENT FOR SALE AND PURCHASE OF VACANT LAND THIS ADDENDUM to Agreement for Sale and Purchase of Vacant Land, made at Greeley, Colorado, this 4th day of September, 1985 , between WELD COUNTY, COLORADO, by and through the Board of County Commissioners of the County of Weld, hereinafter "Purchaser, " and BENJAMIN KNAUB AND JOANNE KNAUB, 3080 South Jay Street, Denver, Colorado 80227 , hereinafter "Sellers. " WITNESSETH: That in further consideration of the payment by the Purchaser to the Sellers of the sum of FIFTEEN THOUSAND SEVEN HUNDRED FIFTY DOLLARS ($15 ,750 . 00) in cash, and other good and valuable consideration, Sellers and Purchaser agree to the following Addendum to the conditions which are part of the Agreement for Sale and Purchase of Vacant Land between the parties and dated September 4 , 1985 : 15 . Seller shall have first right of refusal to repurchase the Parcel when if Purchaser decides to sell Parcel. Purchaser shall notify Seller of Purchaser' s decision to sell Parcel immediately after such decision is made. Purchaser will then take bids on said Parcel. Once the bidding is complete, Seller shall then have the right to repurchase Parcel by matching the highest bid received by Purchaser. IN WITNESS HEREOF, the parties hereto have subscribed their names this 16th day of September , 1985 , nunc pro tunc September 4 , 1985. ATTEST: `` BOARD OF COUNTY COMMISSIONERS WELD NTY, COLORADO Weld C and Cle $r* *ecOer "'totem airman f r Purchaser eputy ounty erk Page 1 of 2 pages B 1085 REC 02026044 09/25/85 12: 05 $0. 00 7/007 F 1252 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 44_0(A.± Benja n Knaub SUBSCRIBED AND SWORN, to before me thisL}a day of • , 195 , by Benjamin Knaub. WITNESS my hand and official seal. . Afi yep art:OARP rZ Notary Public -O-O-O- � P `q6mm4ssion expire: 7• R`Y cow EXPIRES '7- 1S -FS F itr• t,044aUTH AVENUE DENVEEf.00L ADO 60227 _ Q anise Knaub L,!/ SUASCRIBED AND SWOR to before me this Auk-/ day of , 19 , by Joanne Knaub. WITNESS my hand and official seal. YNMv� 6o�aission expires: r2• . �?'a -2J _& . Or1J Yrflry 141 i,:�. AEEdtt,.se. I'p C pi2A} kpF ....•O.�``. ��, COL pv. Page 2 of 2 pages Hello