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HomeMy WebLinkAboutA006 - Purchase Agreement - Hickory Park Prepared by:Graham Land Acquisition Associates,Inc.,1715 South G Avenue,Nevada,IA 50201 515-382-1698 For: City of Ames,Iowa,Ames City Clerk,P.O.Box 811,Ames Iowa 50010 515-239-5160 PURCHASE AGREEMENT PARCEL NO. 4 COUNTY Sto ry PROJECT RAW Well Water Transmission Line Project SELLER: Hickory Park Inc. an Iowa Corporation THIS AGREEMENT made and entered into this q day of 2008,by and between Hickory Park Inc. hereinafter referred to as the"Seller"and City of Ames, IOW A, hereinafter referred to as"Buyer". 1. SELLER AGREES to sell and furnish to Buyer a conveyance document,on form(s)furnished by Buyer, and Buyer agrees to buy the following real estate,hereinafter referred to as the premises,consisting of all or parts of the following: A 20'Permanent Easement:A strip of land 20.0'in width across the east one-half of the Southwest Quarter of Section 12,Township 83 North,Range 24 West of the 5'P.M.City of Ames,Story County,Iowa being situated 10.0 feet on each side of the following described centerline:beginningat a point on the North right of way line South 16'Street which is 50.0 feet N00° 24'56"W and 356.90 feet S89°39'17"E of the Southwest corner of the Southeast Quarter of the southwest Quarter of said Section 12:Thence N26°36'03"E, 139.84 feet:thence NO2°58'11"E,240.28 feet:thence N00003'53"W, 2204.00 feet to the point on the North line of the Southwest Quarter of said Section 12 and there terminating. Containing 1.19 acres. County of Story, State of Iowa, and more particularly described on the attached copy of the Acquisition Plat for Seller's property marked Exhibit"A"on Page 4 of this Agreement, including: Temporary Easement for the installation of water main and a temporary easement for access to the construction area, running 20 feet north,parallel and adjacent to the right of way line of 16'street,from 30 feet east of the entrance from 16'St.west to the construction limits of the RAW line. The premises also includes all estates, rights, title and interests, including all easements, and all advertising devices and the right to erect such devices as are located thereon. SELLER ACKNOWLEDGES full settlement and payment from Buyer for all claims per the terms of this Agreement AND DISCHARGES Buyer from liability because of this Agreement and the construction of this public improvement project. 2. Possession of the premises is the essence of this Agreement and Buyer may enter and assume full use and enjoyment of the premises per the terms of this Agreement. SELLER GRANTS Buyer the immediate right to enter the premises for the purpose of gathering survey and soil data. 3. Buyer agrees to pay and SELLER AGREES to grant the right of possession,convey title and surrender physical possession of the premises as shown on or before the dates listed below. PAYMENT AMOUNT AGREED PERFORMANCE DATE OF PERFORMANCE $ on right of possession $ on conveyance of title $ on surrender of possession $ 13,275.00 on possession and conveyance $ 13,275.00 TOTAL LUMP SUM Breakdown Ac.ISq.Ft. Land by Fee Title Fence: rods woven Underlying Fee Title Fence: rods barbed Permanent Easement 1.19 AC Temporary Easement 3.30 AC Temporary Easement 0.17 AC (Temp.Access) 4. Each page and each attachment is by this reference made a part hereof and the entire Agreement consists of 4 pages. 5. SELLER WARRANTS that there are no tenants on the premises holding lease except: Gene Roberts DISTRIBUTION: TWO COPIES RETURNED TO BUYER--ONE COPY RETAINED BY SELLER Page 2 PARCEL NO. 4 COUNTY Story PROJECT-RAW Well Water Transmission Line Project SELLER: Hickory Park Inc an Iowa Corporation 6. This Agreement shall apply to and bind the legal successors in interest of the Seller and SELLER AGREES to pay all liens and assessments against the premises, including all taxes and special assessments payable until surrender of possession as required by Section 427.2 of the Code of Iowa, and agrees to warrant good and sufficient title. Names and addresses of lien holders are: None 7. Buyer may include mortgagees, lien holders, encumbrancers and taxing authorities as payees on warrants used for payments under this Agreement. SELLER AGREES to obtain court approval of this Agreement, if requested by Buyer, if title to the premises becomes an asset of any estate, trust, conservatorship or guardianship. Buyer agrees to pay court approval costs and all other costs necessary to transfer the premises to Buyer, but not attorney fees. Claims for such transfer costs shall be paid in amounts supported by paid receipts or signed bills. 8. Buyer agrees that any agricultural drain tile which are located within the premises and are damaged or require relocation by highway construction shall be repaired or relocated at no expense to Seller. Buyer shall have the right of entry upon Seller's remaining property along the right of way line, if necessary,for the purpose of connecting said drain tile. 9. If Seiler holds title to the premises in joint tenancy with full rights of survivorship and not as tenants in common at the time of this Agreement, Buyer will pay any remaining proceeds to the survivor of that joint tenancy and will accept title solely from that survivor, provided the joint tenancy has not been destroyed by operation of law or acts of Seiler. 10. These premises are being acquired for public purposes and this transfer is exempt from the requirements for the filing of a Declaration of Value by 428A.1 of the Code of Iowa. 11. Buyer hereby gives notice if Seller's five-year right to renegotiate construction or maintenance damages not apparent at the time of the signing of this Agreement as required by the Code of Iowa. 12. Seller states and warrants that there is no know well,burial sites,solid waste disposal site,hazardous substances or underground storage tanks on the premises described and sought herein. 13. This written Agreement constitutes the entire agreement between Buyer and Seller and there is no agreement to do or not to do any act or deed except as specifically provided for herein. . t A Page 3 PARCEL NO. 4 COUNTY Storms PROJECT RAW Well Water Transmission Line Project SELLER: Hickory Park Inc. an Iowa Corporation(Dave Wheelock) SELLER'S SIGNATURE AND CLAIMANT'S CERTIFICATION: Upon due approval and execution by the Buyer, we the undersigned claimants certify the Total Lump Sum payment shown herein is just and unpaid. Dave Wheelo Title: President ALL PURPOSE ACKNOWLEDGMENT CAPACITY CLAIMED BY SIGNER: STATE OF Iowa } INDIVIDUAL COUNTY OF Story } ss: X CORPORATE Title(s)of Corporate Officer(s): On this 8 day of September ,A.D.2008,before me, Pi4 Es 7- the undersigned, a Notary Public in and for said State, personally Corporate Seal is affixed appeared No Corporate Seal rocured Dave Wheelock PARTNER(s): p Limited Partnership General Partnership X to me personally known _ ATTORNEY-IN-FACT or EXECUTOR(s)OR TRUSTEE(s) _proved to me on the basis of satisfactory evidence r GUARDIAN(s)OR CONSERVATOR(s) to be the person whose name is subscribed to the within instrument and , — OTHER acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person or the entity upon b alf of which the persoA acted,executed the instrument. SIGNER IS REPRESENTING: (Sign in Ink) List name(s)of person(s)or entity(ies) D4 0 (Print/Type Name) Dave Wheelock, President of Hickory Park otary Public in and for the State of Iowa Inc. Oonwr sal no Number 747629 My Commissicn E�fplres BUYER'S ACKNOWLEDGMENT STATE OF Iowa , COUNTY OF Story , ss: On this do— day of �� f/ti ,2008,before me,the undersigned,a Notary Public in and for the State of Iowa, personally appeared Ann Campbell , known to me to be the Mayor of Buyer and who did say that said instrument was signed on behalf of Buyer by the authority duly recorded in its minutes,and acknowledged the execution of said instrument,which signature appears hereon, to be the voluntary act and deed of Buyer and by it voluntarily executed. BUYER'S APPROVAL Z Notary Public in for he State of Iowa Recommended by: 9/(Date ay,�a� JILL L. RIPPERGER cquisition Agent ` COMMISSION#146549 MY COMMISSION EXPIRES Recommended b (Date) ity of Ames, Iowa EXHIBIT R. BRADLEY STUMBO P. O. BOX 1664 AMES, IOWA 50010 515-233-3689 PLAT OF EASEMENT S89'13'14"E 75.01' . � Survey Description - 20' Permanent Easement: S89'1 '14"E 1702.64' ?;;' s89'13'14"E 831.31' A strip of land 20.00 feet in width across the ` East one-half of the Southwest Quarter of _//' Section 12. Township 83 North, Range 24 West %1/4 CORNER CENTER of the 5th P.M., City of Ames, Story County, SEC. 1'-83-24 SEC. 12-83-24 Iowa being situated 10.00 feet on each side of the following described centerline: Beginning at a point on the North right of way line of South 16th Street which is 50.00 feet N00 '24'56"W and 356.90 feet S89'39' 17"E 75' TEMPORARY of the Southwest Corner of the Southeast EA MENT 50Va�I,.'A Quarter Of the Southwest Quarter Of said 25' p�Y /Are W63- Section 12. thence N26'36'03"E, 139.64 feet;. thence NO2'5B' 11"E, 240.28 feet. thence NOO '03'53"W, 2204.00 feet to a point on the North line of the Southwest Quarter of said TEMPORARY Section 12 and there terminating, containing EASEMENT 1. 19 acres. h 195490.33 SO FT N o 4.49 ACRES Survey Description - Temporary Easement: o tD A strip of land of varying width across the u rn East one-half of the Southwest Quarter of NOo•03'53"W u Section 12, Township 83 North, Range 24 West 2204.00' 3 of the 5th P.M., City of Ames, Story County, W Iowa being more particularly described as m follows: Beginning at a point on the North o to right of way line of South 16th Street which is 50.00 feet N00 '24'56"W and 301. 14 feet z o S89'39' 17"E of the Southwest Corner of the N Southeast Quarter of the Southwest Quarter of said Section 12; thence N26'36'03"E, PERMANENT 154.04 feet; thence NO2'58' 11"E, 228.50 feet; EASEMENT thence N00'03'53"W, 2203.27 feet to a point 51679.51 SO FT on the North line of the Southwest Quarter of 1. 19 ACRES said Section 12; thence S89'13' 14"E, 75.01 feet along said line; thence S00 '03'53"E, 2298.60 feet; thence S02'5B' 11"W, 152.90 feet; thence S26'36'03"W, 131.32 feet; thence 20' PERMANENT N89'39' 17"W, 89.20 feet to the point of EASEMENT beginning, containing 4.49 acres. (10 EA. SIDE) A Survey Description - 20' Access Easement: LG• The North 20.00 feet of the South 70.00 feet, except the East 558.73 feet thereof, in the 3 No '58.11"E Southeast Quarter of the Southwest Quarter 2s.5o' of Section 12, Township 83 North, Range 24 tooNo2.5a'11"E West of the 5th P.M., City of Ames, Story :qo N26.36'03"E 240 28' County, Iowa lying East of the previously P6 1 9.84' S02.5e'11"W described 20' Permanent Easement, otO N26'36'03"E 152.90' containing 0. 17 acres. O 1 4.04' 20' Z ACCESS S89'39'17"E EASEMENT 301.14' a; ROW LINE 356.90' 558,73' 69.20'` _ -._.__.S_...._._.1,6TH...._STREET_ ......_._......... ._. >' S26'36'03"W 311.39 r S1/4 CORNER SW CORNER SEC. 12-83-24 SE1/4. SWi/4 SEC. 12-83-24 GRAPHIC SCALE 1"=400 ' PROPRIETOR: HICKORY PARK, INC. SURVEY REQUESTED BY: FOX ENGINEERING 0 400 800 1200 CITY OF AMES, IOWA RAW WATER MAIN Certification: I hereby certify that this land surveying document was prepared and the related survey work was performed PQ,pLEY S.I by me or under my direct personal supervision and that I am a 0 � CENs�o duly licensed Land Surveyor under the laws of the State of Iowa. Q p 4e &4k_1 a-�- Date: R. Bradley Stumb License #17161 My license renew 1 date is December 31. 2009 <q IOWA y0Q Job #16018 HICKORY Date: 7/18/08 Page 1 of 1 SUM4