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HomeMy WebLinkAbout971971.tiffRESOLUTION RE: DECLARE CERTAIN PROPERTY SURPLUS, APPROVE RIGHT -TO -SELL LISTING CONTRACT WITH SCOTT REALTY COMPANY AND AUTHORIZE CHAIR TO SIGN NECESSARY DOCUMENTS 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 property known as the Gowanda Grader Shed, described in Exhibit "A" which is attached hereto and incorporated herein by reference, is no longer required for County use, and WHEREAS, the Board has been presented with an Exclusive Right -to -Sell Listing Contract between Weld County, Colorado, by and through the Board of County Commissioners, and Scott Realty Company concerning said property, with terms and conditions being as stated in said contract, and WHEREAS, after review, the Board deems it advisable to declare said property as surplus and 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 known as the Gowanda Grader Shed, as described in Exhibit "A", be, and hereby is, declared surplus. BE IT FURTHER RESOLVED by the Board that the Exclusive Right -to -Sell Listing Contract between Weld County, Colorado, by and through the Board of County Commissioners, and Scott Realty Company be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chair be, and hereby is, authorized to sign said contract. 971971 dt : d g PR0014 LISTING CONTRACT, SCOTT REALTY COMPANY - GOWANDA GRADER SHED PAGE 2 The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 8th day of September, A.D., 1997. BY. Deputy r to the Board APPROV ' AS TO FORM: ounty Att BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COL9RAD� George EBaxter, Chair Constance L. Herbgrt, Prp-Tem Dale K. Hall EXCUSED DATE OF SIGNING Barbara J. Kirkmeyer (AYE) W. H. Webster 971971 PR0014 Prepared by Douglas W. Wiindsheimer page 1 THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. Compensation charged by real estate brokers is not set by law. Such charges are established by each real estate broker. DIFFERENT BROKERAGE RELATIONSHIPS ARE AVAILABLE WHICH INCLUDE BUYER AGENCY, SELLER AGENCY, SUBAGENCY OR TRANSACTION -BROKER Scott Realty Company 1212 8th Avenue Greeley, Colorado 80631 (970) 352-1212 (970) 352-1215 (Fax) ® Cr Raarbra riseneox,uirr, WELD COUNTY EXCLUSIVE RIGHT -TO -SELL LISTING CONTRACT (RESIDENTIAL) (SELLER AGENCY) GREELEY , Colorado Wednesday, August 27, 1997 Name(s) of Owner(s) ("Seller") hereby irrevocably appoint(s) SCOTT REALTY COMPANY GREELEY, COLORADO 80631 ("Broker") as Seller's exclusive agent for the purposes and under the terms specified herein, and the parties agree: 1. Purpose of Agency. The purpose of this agency contract ("Listing Contract") is to engage the efforts of Broker to accomplish the sale of the real property legally described as: 21248 PART SE4S W4SW4 SECT !ON2 t TOWNSHJP3N RANGE67 - ABOUT .04 ACRES BEING THAT PART OF THE SE4SW4SW4 W4 LYING SOUTH AND EAST OF THE PRESENT UPPR RIGHT OF WAY also known as 8233 HIGHWAY 56 PLATTEVILLE COLORADO 80851 Street Address City State Zip together with such items of personal property to be conveyed pursuant to Section 8 (collectively, the "Property'). 2. Broker's Services. Broker is a limited agent of the Seller and will represent only Seller. (a) Broker shall promote the interests of the Seller with the utmost good faith, loyalty and fidelity, including, but not limited to: (1) Seeking a price and terms which are acceptable to the Seller; except that Broker shall not be obligated to seek additional offers to purchase the Property while the Property is subject to a contract for sale; (2) Presenting all offers to and from the Seller in a timely manner regardless of whether the Property is subject to a contract for sale; (3) Disclosing to the Seller adverse material facts actually known by the Broker; (4) Counseling the Seller as to any material benefits or risks of a transaction actually known by the Broker; (5) Advising the Seller to obtain expert advice as to material matters about which the Broker knows but the specifics of which are beyond the expertise of the Broker; (6) Accounting in a timely manner for all money and property received; and (7) Informing the Seller that such Seller may be vicariously liable for the acts of such Seller's agent or any subagent when the Broker is acting within the scope of the agency relationship. (b) Broker shall not disclose the following information without the informed consent of the Seller: (1) That the Seller is willing to accept less than the asking price for the Property; (2) What the motivating factors are for the Seller to sell the Property; (3) That the Seller will agree to financing terms other than those offered; (4) Any material information about the Seller unless the disclosure is required by law or failure to disclose such information would constitute fraud or dishonest dealing; or (5) Any facts or suspicions regarding circumstances which may psychologically impact or stigmatize any real property pursuant to Colorado law. (c) Broker shall disclose to any prospective buyer all adverse material facts actually known by Broker including but not limited to adverse material facts pertaining to the title to the Property and the physical condition of the Property, any material defects in the Property, and any environmental hazards affecting the Property which are required by law to be disclosed. 3. Sale. "Sale of the Property' or "Sale" means the voluntary transfer or exchange of any interest in the Property or the voluntary creation of the right to acquire any interest in the Property (including a contract or lease). 4. Effect of this Listing Contract. By this appointment, Seller agrees to conduct all negotiations for the Sale of the Property only through Broker, and to refer to Broker all inquiries received in any form from real estate brokers, salespersons, prospective buyers, tenants or any other source during the time this Listing Contract is in effect. Seller authorizes Broker to disclose any facts about the Property. In addition, Seller agrees that any Broker compensation which is conditioned upon the Sale of the Property shall be earned by Broker as set forth herein without any discount or allowance for any efforts made by Seller or by any representative of Seller in connection with the Sale of the Property. 5. The Listing Period. Broker's authority shall begin Wednesday, August 27, 1997 , and shall continue through Thursday, February 27, 1997 ("Listing Period"). 6. Price and Terms. Price: U.S. $70 000.00 Terms: CASH OR NEW LOAN Minimum amount of earnest money deposit U.S. $500.00 in the form of PERSONAL CHECK 7. Deposits. Broker is authorized to accept earnest money deposits pursuant to a proposed Sale contract. Broker is authorized to deliver the earnest money deposit to the closing agent, if any, at or before the closing of the Sale contract. 8. Price to Include. The purchase price intlUdes the following items if owned by Seller (a) if attached to the Property on the date of the agreement for Sale: lighting, heating, plumbing, ventilating, and air conditioning fixtures, TV antennas, water softeners, smoke / fire / burglar alarms, security devices, inside telephone wiring and connecting blocks /jacks, plants, mirrors, floor coverings, Intercom systems, built-in kitchen appliances, sprinkler systems and controls, built-in vacuum systems ( including accessories), and garage door openers including ANY _ remote controls; (b) if on the Property whether attached or not on the date of this Listing Contract: storm windows, storm doors, window and porch shades, awnings, blinds, screens, curtain rods, drapery rods, fireplace inserts, fireplace screens, fireplace grates, heating stoves, storage sheds, all keys and (c) - - NONE OTHER - - The printed portions of this form, except the (ftalle/zed/DWWFERENTIA TED) insertions, have been approved by the Colorado Real Estate Commission(LC10-9.95) Scott Realty Company Seller's Initials: 0403 9723415340007 15:34:59 08/27/97 SSE -PRO"' V4.0 01993.1999 Oes,hx. 1-000-795.7759 971971 page 2 Prepared by Douglas W. 1/1findsheimer Section The above and tear excluded 9. to Broker and other encumbrance In All monetary and buyer The Property If the Property payment to Broker. 10. and a policy 11. preceding - - NONE FHA apportioned 12. DELIVERY , subject 13. (including, zoning the Property Seller agrees 14. (a) Commission. (1) (2) 8. (continued) described items ("Inclusions") shall be conveyed by Seller to buyer by bill of sale at closing, all In their present condition, ordinary wear excepted, conveyed free and clear of all taxes, liens and encumbrances unless assumed by buyer. The following attached fixtures are from the Sale: --NONE-- Title and Encumbrances. Seller represents to Broker that title to the Property is solely in Seller's name. Seller shall deliver true copies of all relevant title materials, lease(s) and survey(s) in Seller's possession and shall disclose to Broker all easements, liens encumbrances, if any, on the Property , of which Seller has knowledge. Seller authorizes the holder of any obligation secured by an on the Property to disclose to Broker the amount owing on said encumbrance and the terms thereof. case of Sale, Seller agrees to convey, by a SPECIAL WARRANTY deed, only that title Seller has in the Property. encumbrances (such as mortgages, deeds of trust, liens, financing statements) shall be paid by Seller and released except as Seller may otherwise agree. Existing monetary encumbrances are as follows: --NONE-- is subject to the following leases and tenancies: -- NONE - - has been or will be assessed for local improvements installed at the time of signing a Sale contract, Seller will be responsible for of same unless otherwise agreed. Broker may terminate this Listing Contract upon written notice to Seller that title is not satisfactory Evidence of Title. Seller agrees to furnish buyer, at Seller's expense, Sis1lec'eo4eetuas= a commitment for, of, title insurance er-+ + to the Property certified to a current date in the amount specified by any Sale contract. Prorations. General taxes for the year of closing, based on the taxes for the calendar year Immediately closing, rents, water and sewer charges, homeowner's association dues, and interest on continuing loan(s), if any, and OTHER - - shall be prorated to date of closing. or private mortgage insurance premium O shall ® shall riot be apportioned to the date of closing. Any such amounts shall be as follows: * * NOT APPLICABLE * * Possession. Possession of the Property shall be delivered to buyer as follows: OF DEED to leases and tenancies as described in Section 9. Material Defects - Broker Disclosures - Inspection. Seller agrees that any defects of a material nature but not limited to, structural defects; soil conditions; violations of health, zoning or building laws; nonconforming uses and variances) actually known by Broker must be disclosed by Broker to any prospective buyer. Seller agrees that any buyer may have and Inclusions inspected. to provide buyer with a Seller's Property Disclosure form completed to the best of Seller's current, actual knowledge. Commission to Broker. In consideration of the services to be performed by Broker, Seller agrees to pay Broker as follows: Sale Commission. (i) T _ (%) of the gross sales price in U. S. dollars, or (ii) * * NOT APPLICABLE * * . Lease Commission. (i) N/A (%) of the gross rent under the lease in U.S. dollars, or (ii) **NOT APPLICABLE** (b) When (1) (2) (3) with extensions earned contract (c) When made the by (d) Lease the Earned. Such commission shall be earned upon the happening of any of the following: Any Sale of the Property within the Listing Period by Seller, by Broker or by any other person; Broker finding a buyer who is ready, willing and able to complete the transaction as specified herein by Seller; or Any Sale of the Property within 180 calendar days subsequent to the expiration of the Listing Period ("Holdover Period") to anyone whom Broker negotiated and whose name was submitted, in writing, to Seller by Broker during the Listing Period (including any thereof); provided, however, that Seller shall owe no commission to Broker under this subsection (3) if a commission is by another licensed real estate broker acting pursuant to an exclusive right -to -sell listing contract or an exclusive agency listing entered into during the Holdover Period. Applicable and Payable. The commission obligation shall apply to a Sale made during the Listing Period or during any extension of such original or extended term. The commission described in subsection (a)(1) shall be payable at the time of closing of the Sale as contemplated by subsection (b)(1) or (b)(3) , or upon fulfillment of subsection (b)(2) where either the offer made such buyer is defeated by Seller or by the refusal or neglect of Seller to consummate the Sale as agreed upon. and Lease Option Commissions. If the transaction consists of a lease or a lease and right to purchase the Property, commission relating to the lease shall be as provided in subsection (a)(2), payable as follows: * * NOT APPLICABLE * ' 15. or any 16. (a) Broker (Check Limitation on Broker's Compensation. Broker shall not accept compensation from the buyer, the buyers agent, entity participating in or providing services for the Sale without the written consent of Seller. Other Brokers, Assistance - Multiple Listing Service. shell seek assistance from and offer compensation to the following brokers outside of the listing company. all that apply): (1) Other Brokers representing Seller ("Subagents"). representing Seller owe duties of utmost good faith, loyalty and fidelity to Seller only. Seller may be vicariously liable the acts of Subagents when acting In the scope of the agency relationship.) will offer compensation to Subagents as follows: (i) (%) of the gross sales price in U.S. dollars, or (ii) (Subagents for Broker __N/A * * NOT APPLICABLE * * The printed portions of this form, except the (italiclxed/DIFFERENTIA TED) insertions, have been approved by the Colorado Real Estate Commission(LC10-9-95) Scott Realty Company Seller's initials: 15:34:59 08/27/97 SSS-PROm V4.0 0 1993- 1998 Oecinc. 1.800-795-7759 04O3 9723415340007 971971 Prepared by Douglas W. Windsheimer page 3 Section 16. (continued) IXX1 (2) Brokers representing the buyer ("Buyer Agents"). (Buyer Agents representing the buyer owe duties of utmost good faith, loyalty and fidelity to buyer only. Seller is not vicariously liable for the ads of Buyer Agents.) Broker will offer compensation to Buyer Agents as follows: (i) __.___•b ___ (%) of the gross sales price in U.S. dollars, or (ii) ' * NOT APPLICABLE * ' XX1 (3) Brokers assisting the buyer in the transaction but not acting as agents Brokers"). ("Transaction - (Transaction -Brokers must exercise reasonable skill and care for the parties. Seller is not vicariously liable for the acts of Transaction -Brokers.) Broker will offer compensation to Transaction - Brokers as follows: (i) ____1_5_ __ (%) of the gross sales price in U.S. dollars, or (ii) * ' NOT APPLICABLE ' * (b) Broker [XXX twill L _ J will not submit the Property to a multiple listing service. 17. In -Company Dual Agency and Transaction -Broker. If a written Dual Agency Addendum or Transaction - Broker Addendum is signed by Seller, Broker may show Property to buyers represented or assisted by Broker. 18. Forfeiture of Payments. In the event of a forfeiture of payments made by a buyer, the sums received shall be divided between Broker and Seller, one-half thereof to Broker, but not to exceed the commission agreed upon herein, and the balance to Seller. 19. Cost of Services; Reimbursement. Unless otherwise specified In Section 28, Broker shall bear all expenses incurred by Broker, if any, to market the Property and to compensate cooperating brokers, if any. Broker will not obtain or order any other products or services unless Seller agrees in writing to pay for them promptly when due. Unless otherwise agreed, Broker shall not be obligated to advance funds for the benefit of Seller in order to complete a closing (Examples: surveys, radon tests, soil tests, title reports, engineering studies). Seller shall reimburse Broker for payments made by Broker for such other products or services authorized by Seller. 20. Maintenance of the Property. Seller agrees that Broker shall not be responsible for maintenance of the Property nor shall Broker be liable for damage of any kind occurring to the Property, unless such damage shall be caused by the negligence of Broker. 21. Other Sellers. Seller acknowledges that Broker may have agreements with other sellers to market and sell their properties. 22. Nondiscrimination. The parties agree not to discriminate unlawfully against any prospective buyer because of the race, creed, color, sex, marital status, national origin, familial status, physical or mental handicap, religion or ancestry of such person. 23. Recommendation of Legal Counsel. By signing this document, Seller acknowledges that Broker has advised that this document has important legal consequences and has recommended consultation with legal and tax or other counsel, before signing this contract. 24. Alternative Dispute Resolution: Mediation. If a dispute arises relating to this contract, and is not resolved, the parties and broker(s) involved in such dispute (Disputants) shall first proceed in good faith to submit the matter to mediation. The Disputants will jointly appoint an acceptable mediator and will share equally in the cost of such mediation. In the event the entire dispute is not resolved within thirty (30) calendar days from the date written notice requesting mediation is sent by one Disputant to the other(s), the mediation, unless otherwise agreed, shall terminate. This section shall not alter any date in this contract, unless otherwise agreed. 25. Attorney Fees. In case of arbitration or litigation between Seller and Broker in their respective capacities, the parties agree that costs and reasonable attorney fees shall be awarded to the prevailing party. 26. Modification of this Listing Contract. No subsequent modification of any of the terms of this Listing Contract shall be valid, binding upon the parties, or enforceable unless made in writing and signed by the parties. 27. Entire Agreement. This Listing Contract constitutes the entire agreement between the parties relating to the subject hereof, and any prior agreements pertaining thereto, whether oral or written, have been merged and integrated into this Listing Contract. 28. Additional Provisions: ( The language of these additional provisions has not been approved by the Colorado Real Estate Commission). (A) SCOTT REALTY CO- AGREES TO OFFER FOR SALE THE SUBJECT PROPERTY IN CONJUNCTION WITH A. 1990, TITAN, MOBILE HOME, WIN: 22110870420A&B, OWNED BY GEORGE A. AND CARRIE E. MADDOX. HOWEVER, THE SALE OF THE SUBJECT PROPERTY WILL NOT BE SUBJECT TO OR CONTINGENT UPON THE SALE OF SAID MOBILE HOME. 29. Copies of Agreement. This Listing Contract is executed in multiple copies and Seller acknowledges receipt of a copy of this Listing Contract signed by Broker. 30. Counterparts. If more than one person is named as a Seller herein, this Listing Contract may be executed by each Seller, individually, and when each Seller has executed a copy of this Listing Contract, such copies taken together shall be deemed to be a full and complete contract between the parties. SELL //jJ iX E Date of signature T 9 V'p — / .19 / 7. iF Seller D COUNTY Date of signature . 19 . Seller: Seller's Address: COURTBOIWSL GREELEY COLORADO. 80631 Ph: (t)70) 350-4000 Accepted: -' Scott Realty Company 1212 8th Avenue tea-- Greeley, Colorado 80631 By Douglas W. Windsheimer (970) 352-1212 (970) 352-1215 (Fax) The printed portions of this form, except the (itallcized/OIFFERENTIA TED) insertions, have been approved by the Colorado Real Estate Commission(LC10-9-95) Scott Realty Company 15:34:59 08/27/97 0403 9723415340007 $5$ -PRO"' W.0 a 1993- 1996 Oes,hc. 1400-795-7759 971971 Prenared by Douglas W. Windsheimer Scott Realty Company 1212 8th Avenue Greeley, Colorado 80631 (970) 352-1212 (970) 352-1215 (Fax) ® Beare o .. THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. TRANSACTION -BROKER ADDENDUM (for In -Company Transactions) 1. AMENDMENT TO AGENCY CONTRACT. This Transaction -Broker Addendum is part of an Exclusive Right -To -Buy Contract dated , 19 or a Listing Contract dated Wednesday, August 27, 1997 between the broker named below and its sales agents ("Broker"), and the undersigned Buyer or Seller. If this addendum is used with a lease or rental transaction, the word "Seller" shall mean "Landlord", and the word "Buyer" shall mean "Tenant". This Addendum will control in the event of any conflict with the contract to which it is attached. 2. LIMITATION ON BROKER'S AGENCY OBLIGATIONS. When acting as the agent for one party (either Buyer or Seller), Broker has duties and obligations which include utmost good faith, loyalty, and fidelity to that one party. If the party consents, however, Broker may act as a Transaction -Broker when both Seller and Buyer have a working relationship with the same real estate company (In -Company Transaction"). A Transaction -Broker is a broker who assists the parties throughout a contemplated real estate transaction with communication, interposition, advisement, negotiation, contract terms , and the closing of the transaction without being an agent or advocate for the interest of any party to the transaction. Seller and Buyer shall not be vicariously liable for acts of a Transaction -Broker. (a) If this addendum is signed by Seller, Broker will act only as the exclusive agent for Seller wtien the Property is shown to a prospective buyer who has a working relationship with another licensed real estate company, but will act only as a Transaction -Broker in an In -Company Transaction. (b) If this addendum is signed by Buyer, Broker will act only as the exclusive agent for Buyer when showing properties that are not listed with Broker, but will act only as a Transaction -Broker in an In -Company Transaction. The remaining provisions of this addendum describe significant changes to the obligations of Broker when acting as a Transaction -Broker in an In -Company Transaction. 3. MATTERS THAT CAN BE DISCLOSED BY A TRANSACTION -BROKER. Except as set forth in Section 4, Broker, when acting as a Transaction -Broker, may disclose any information to one party that Broker gains from the other party if the information is relevant to the transaction or party. 4. MATTERS THAT CANNOT BE DISCLOSED BY A TRANSACTION -BROKER. Broker, when acting as a Transaction -Broker, shall not disclose the following information without the prior consent of Seller and Buyer: (a) That Buyer is willing to pay more than the purchase price offered for the property; (b) That Seller is willing to accept less than the asking price for the property; (c) What the motivating factors are for any party buying or selling the property; (d) That Seller or Buyer will agree to financing terms other than those offered; (e) Any material information about the other party unless either: (1) the disclosure is required by law, (2) the disclosure pertains to adverse material facts about Buyer's financial ability to perform the terms of the transaction, (3) the disclosure pertains to Buyer's intent to occupy the property as a principal residence, or (4) failure to disclose such information would constitute fraud or dishonest dealing. 5. NO DUTY FOR TRANSACTION -BROKER TO INVESTIGATE. Broker, when acting as a Transaction -Broker, has no duty to conduct an independent inspection of the property for the benefit of Buyer and has no duty to independently verify the accuracy or completeness of statements made by Seller or independent inspectors. Broker, when acting as a Transaction -Broker, has no duty to conduct an independent investigation of Buyer's financial condition or to verify the accuracy or completeness of any statement made by Buyer. 6. ADDITIONAL PROVISIONS. * * NONE OTHER * * AccepteJj Date of signature 7 - / , 19 97 Seller Vit:..r.D COUNTY Seller: Seller's Address: COURTHOUSE, GREELEY, COLORADO. 80631 Scott Realty Company By: ii Douglas W. VYndsheimer Date of signature , 19 Ph: (970)366 - 4000 1212 8th Avenue Greeley, Colorado 80631 (970) 352-1212 (970) 352-1215 (Fax) The printed portions of this form, except the (italicized/DIFFERENTIA TED) insertions, have been approved by the Colorado Real Estate Commission(TBA29-1-04) Scott Realty Company 15:37:13 08/27/97 0403 9723415340007 $s6 -PRO"' V/.0 O 1993 - 1996 Oes,flc. 1-000-795-7759 9719';1 • Hello