HomeMy WebLinkAboutA001 - Real Estate Contract with McFarland Clinic REAL ESTATE CONTRACT
MC FARLAND CLINIC - CITY OF AMES
VACATED PART OF DOUGLAS AVENUE
IT IS AGREED between the City of Ames, of Story County, Iowa,
Sellers, and Clinic Building Company Incorporated of Story County, Iowa,
Buyers:
That Sellers hereby agree to sell and Buyers hereby agree to buy
such title as the Seller may have to land from a vacated portion of
Douglas Avenue, Ames, Iowa, described as:
That part of Douglas Avenue lying north of the north line of
12th Street and south of the south line of 1227 Douglas;
containing 19,800 square feet.
subject to easements reserved by the Seller for public utilities, upon
the following terms: '
1. Payment by the Buyer to the Seller of the sum of Forty-one
thousand dollars ($41,000.00).
2. The Buyer covenants to hold the Seller, its officers and
employees, harmless and indemnify the same against any and all claims,
losses, or liability whatsoever arising out of the closing and vacating
of the above described portion of Douglas Avenue.
3. The Buyer covenants that for any building addition to its
Clinic facilities located west of Duff Avenue undertaken after 1990, for
which additional motor vehicle parking is required by City Code, such
parking shall be provided by means of a parking ramp constructed at the
Buyers' expense unless said required parking can be met within a
two-block area defined by 13th Street, 12th Street, Duff Avenue and
Kellogg Avenue. The said parking ramp shall be constructed within the
said two-block area.
4. The Buyer shall relocate utility installations for electric,
sanitary sewer, storm sewer, water, telephone, gas, and cable
television, at Buyers' expense in accordance with agreements to be made
between the Buyer and the operators of said installations.
5. All utility facilities, street lights, parking meters or other
apparatus of the Seller now located on or extending over the above
described land shall remain the property of the City. The parking
meters shall be removed at City expense on a schedule consistent with
the Buyers' plans for use of said land.
6. After enactment of an ordinance to vacate the above described
portion of Douglas Avenue, and upon payment as provided in paragraph 1
above, Sellers shall contemporaneously execute and deliver to Buyers a
Quit Claim Deed for the above described land.
CLINIC BUILDING COMPANY INCORPORATED THE ES
By: vV By:
Curtis W. Clark, M.D. F. Paul Goodland
President Mayor
Attest:
By: �.
By:
Charles R. Elder Nanc ioni
Treasurer City Clerk
APPROVE TO FORM
John R. Kiaus
City Attorney `
STATE OF IOWA
ss:
STORY COUNTY
On this a5,4— day of Oak 1989, before me, the
undersigned, a Notary Public in and for the State of Iowa, personally
appeared F. Paul Goodland and Nancy Dionigi , to me personally known, who
being by me duly sworn, did say that they are the Mayor and City Clerk,
respectively, of the City of Ames, Iowa; that the seal affixed to the
foregoing instrument is the corporate seal of the corporation, and that
the instrument was signed and sealed on behalf of the corporation, by
authority of its City Council as contained in Resolution No. �9-f�7 passed on the � day of �u e 19 gg and that the said F.
Paul Goodland and Nancy Dionig ,, acknowledged the execution of the
instrument to be their voluntary act and deed and the voluntary act and
deed of the corporation, by it voluntarily executed.
Notary Public i and for
Story County, Iowa
�/LG L. /P,oF,eG�.�� �,r�in. G P/2 5 >>'I7-9�
STATE OF IOWA
ss:
STORY COUNTY:
is
NotarOn 'nhand�idday
county, ersonall a4&�- ' A.D. 19 be ore e,
and Y appeared
to me per nal nown, who be'n by me my
sworn, did say that they are the and
respectively, of the corporation exeucting the foreg ing instrument;
that (no seal has been procured by) (the seal affixed thereto is the
seal of) the corporation; that the instrument was signed (and sealed) on
"bha f f e p ratio y uth �Olf its Board of Directors; that
nd acknowledged the execution of
the instrumen to be the voluntary act and deed of the corporation,
voluntarily executed.
s .
Atary!Pu c in and for
I State of Iowa