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HomeMy WebLinkAbout940046.tiff RESOLUTION RE: DECLARE PROPERTY SURPLUS AND APPROVE CONTRACT TO BUY AND SELL REAL ESTATE 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, State statute and the Weld County Administrative Manual require that all items disposed of be declared surplus by the Board of County Commissioners, and WHEREAS, the County has determined that certain real estate is no longer required for County use, said property being described as follows: GR SK2-9A S15' OF VAC 18TH ST-15' X 170. 74' LYING N L9BLK2 SPRUCE KNOLL ESTATES WHEREAS, after having advertised the availability of said property, in a public meeting on January 5, 1994, the Board did receive a sole bid in the form of a Contract to Buy and Sell Real Estate, and WHEREAS, said contract provides for the sale of the abovementioned property to Charles and Ida Karowsky for the amount of $201.00, with the terms and conditions being as stated in said contract, and WHEREAS, after review, the Board deems it advisable to approve said contract, 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, Colorado, that the property herein described be, and hereby is, declared surplus. BE IT FURTHER RESOLVED by the Board that the Contract to Buy and Sell Real Estate with Charles and Ida Karowsky, in the amount of $201.00, be, and hereby is, approved. BE IT FURTHER RESOLVED by the board that the Chairman be, and hereby is, authorized to sign all necessary documents pertaining to said sale. 940046 OpINnii RE: APPROVE CONTRACT TO BUY AND SELL REAL ESTATE PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 5th day of January, A.D. , 1994. / ATTEST: { / ;/ -/ r/ �`,/ , BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO 1 k Weld County Clerk to the Board / ��47 r �/ ' W. H. Webster, h irman / Deputy Clerk to the Board Dale Hall, Pr APPROVE AS TO FORM: ....�,f -T er eye '. Baxter ` , County Attor ey Constance,onns L. Harbert /�gjvSr - .1. Se/A-, arbara J. Kirkm 940046 VACANT LAND CONTRACT TO BUY AND SELL REAL ESTATE (Remedies Include Specific Performance) 1. The undersigned hereby acknowledges having received from Li'-A/. L s 4. 3-4,4 eArgrit).5A) ci the sum of f.j . cO , in the form of certified funds, t/ be held by Weld County, in trust account, as earnest money and part payment for the following described real estate, to wit: GR SK2-9A S15' OF VAC 18TH ST-15' X 170. 74' LYING N L9BLK2 SPRUCE KNOLL ESTATES together with all easements and right-of-way appurtenant thereto, hereinafter called the property. 2. The undersigned person(s) O4-RPL1 5 'r1-PA J/Agc r hereinafter called Purchaser, hereby agrees to buy the Property, and the Board of County Commissioners of Weld County, hereinafter called Seller, hereby agrees to sell the Property upon the terms and conditions stated herein. 3. Trpurchase price shall be U.S. o /. C G , payable as follows: ,J.p O which is a portion of sales price and hereby receipted for and the remainder to be paid in cash or certified funds at the time of closing. 4. Price to include vacant land only. 5. Cost of any appraisal for loan purposes to be obtained after this date shall be paid by purchaser. 6. Seller to provide warranty deed only. Title insurance not to be provided by Seller. 7. The date of closing shall be the date for delivery of deed as provided in paragraph 8. The hour and place of closing shall be as designated by Seller. 940046 ' 1 8. Title shall be merchantable in Seller, except as stated in this paragraph and in paragraphs 9 and 10. Subject to payment or tender as above provided and compliance by purchaser with the other terms and provisions hereof, Seller shall execute and deliver a good and sufficient general warranty deed to Purchaser upon receipt of final payment or, by mutual agreement, at an earlier date, conveying the Property free and clear of all taxes, 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 and/or apparent easements and subject to building and zoning regulations. 9. Except as stated in paragraphs 8 and 10, if title is not merchantable and written notice of defect(s) is given by Purchaser or Purchaser' s agent to Seller or Seller's agent on or before date of closing, Seller shall use reasonable effort to correct said defect(s) prior to date of closing. If Seller is unable to correct said defect(s) on or before date of closing, at Seller's 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 days for the purpose of correcting said defect(s) . Except as stated in paragraph 10, if title is not rendered merchantable as provided in this paragraph 9, 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. 10. Any encumbrance required to be paid may be paid at the time of settlement from the proceeds of this transaction or from any other source. Provided, however, at the option of either party, if the total indebtedness secured by liens on the Property exceeds the purchase price, 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. 11. Possession of the Property shall be delivered to Purchaser on closing date. 12. In the event the Property is substantially damaged by flood or other casualty between the date of this contract and the date of delivery of deed, Purchaser may elect to terminate this contract; in which case all payments and things of value received hereunder shall be returned to Purchaser. 940046 13. 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 SELLER IS 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 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) Seller 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 Seller and Seller may recover such damages as may be proper, or (2) Seller may elect to treat this contract as being in full force and effect and Seller 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 cost and expense, including attorneys' fees. 14. If this proposal is accepted by Purchaser in writing and Seller receives notice of such acceptance on or before March 5, 1990, this instrument shall become a contract between Seller and Purchaser and shall inure to the benefit of the heirs, successors and assigns of such parties. SELLER: f 'J /r/ BOARD OF COUNTY COMMISSIONERS ATTEST / ' WELD COUNTY COLOR DO Weld County Clerk to the Board BY: Chairman 915 10th Street BY: ,{ Greeley, CO 80631 Deputy Cler to th� 940046 ( The ft)1 1 ow 1 I-1 g s e c t i o n t o be c amp f e t e d by pn r c h a s e r ) 15. Ochaser accepts the above proposal this �z day of ( p y � , A.A. , 1993. PURCHASER: (A ress) / goo 3 . v�K i , , ro_ go6j/ SUBSCRIBED AND SWORN to before me this 02,7 day of �tc , 1993. WITNESS my hand and official seal. / c 1 ettoteigIte- deetA. -g �Ol<i�ir dottS4/ / (Notary Public) My commission expires: -/y// .6 "' CAROL B0UCHARD •.� . ; MY COMMISSION N CC 214871 -^, da EXPIRES:July 14,1896 dt or„P Bonded Tani Notary Pu6Bc Undenyntars 940046 AR237D1S4 o'clock M. , Recorder. SPECIAL WARRANTY DEED Weld County, Colorado, whose address is 915 Tenth Street, Greeley, Colorado, County of Weld, and State of Colorado, for the consideration of Two Hundred One dollars ($201) , in hand paid, hereby sell(s) and convey(s) to Charles and Ida Karowsky, as joint tenants, whose legal address is 1800 23rd Avenue Lane, Greeley, Colorado 80631, County of Weld, and State of Colorado, the following real property in the County of Weld, and State of Colorado, to wit: The south 15 feet of the vacated 18th Street in Greeley, Colorado, being more specifically described as a pardel 15 feet by 170.74 feet in size lying immediately north of Lot .9, Block 2, Spruce Knoll Estates Subdivision, Greeley, Colorado, as shown on the Plat recorded on July 3, 1961, at Reception Number 1358797, and found in Envelope Number 236 in the Offices of the Weld County Clerk and Recorder, with all its appurtenances and warrant(s) the title against all person claiming under us. Signed and delivered this /9 day of , 19W Wel ounty, Colorado, a political subdivision // of 'the Stateof Colorado. BY: I/! [ / �� ! irCif%1 ' W. H. Webster, Chairman Board of County Commissioners of the County of Weld, Colorado STATE OF COLORADO ss. COUNTY OF WELD The foregoing instr e t was acknowledged before me this 1 day of • • , 19/ /, by W. H. Webster, Chairman. • My Commission Expires January10,19� Witness my hand and My c6Mm ggion expires , off q. ax}seal] } - s e. 4 • t N '� �/.4..`AG. O N cadet/c Name aad*dreee•bf Person Creating Newly Created UegQfDeal1ption (S 38-35-106.5, C.R.S.) form\warranty.gjb B 1423 REC 02370154 01/20/94 16 : 23 $0 . 00 1/001 F 1113 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO 940046 Hello