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HomeMy WebLinkAboutContract 1557 JS SALE / DEVELOPMENT AGREEMENT THIS SALE /DEVELOPMENT AGREEMENT ( "Agreement ") is made this * Z7 day of 2000, by and between the City " y y of Columbia Heights ("City"), a municipal corporation; Brian Michael Roeller ( "Roeller "); and Patrick E. Truchinski and Sherri A. Truchinski, husband and wife ( "Truchinski "). WHEREAS, the City owns the real property located at 3855 Main Street NE, as legally described in Exhibit A. Said property currently has a sub - standard single family home thereon; and WHEREAS, Roeller owns the real property located at 3849 Main Street NE, which is the property directly adjacent to the south of 3855 Main Street NE; and WHEREAS, Truchinski owns the real property located at 3859 Main Street NE, which is the property directly adjacent to the north of 3855 Main Street NE; and WHEREAS, it is the desire of all parties hereto that the sub - standard structure located at 3855 Main Street NE be razed, the lot split and deeded in equal proportion to Roeller and Truchinski. NOW, THEREFORE, the parties hereto agree as follows: 1. Officer /Acceptance. Roeller offers to purchase and City agrees to sell the real property located at 3855 Main Street NE, Columbia Heights, Anoka County, Minnesota, legally described in Exhibit A. 2. Purchase Price. The price for the real property included in this sale is Twenty Thousand Dollars ($20,000), which Roeller agrees to pay in cash on November 27, 2000, the Date of Closing. Closing shall take place at City Hall, or at some other mutually agreeable location. 3. Deed. Upon perfoimance of Roeller, City shall execute and deliver a quit claim deed conveying title of record, subject to: (a) building and zoning laws, ordinances, state and federal regulations; (b) reservation of any mineral rights by the State of Minnesota; and (c) utility and drainage easements. 4. Real Estate Taxes and Special Assessments. Real estate taxes due and payable in and for the year of closing shall be pro -rated between the City and Roeller on a calendar year basis to the actual Date of Closing. Roeller shall pay on Date of Closing all installments of special assessments certified for payment with the real estate taxes due and payable in the year of closing. Roeller shall assume all other special assessments levied as of the date of this Agreement. Roeller shall pay real estate taxes due and payable in the year following closing and thereafter and any unpaid special assessments payable therewith and thereafter, subject to the further conditions as set forth herein. City makes no representation concerning the amount of future real estate taxes or of future special assessments. 5. Condition of Property. The parties hereto acknowledge that the subject property is being sold in an "As Is" condition. 6. Termination of Utility Services. Termination of all utility services must be completed within thirty (30) days of the Date of Closing. All costs of such termination shall be the joint and several responsibility of Roeller and Truchinski. If Roeller and Truchinski wish to have the utility services terminated prior to the Date of Closing (due to weather related issues), City agrees to conduct such services upon prior receipt of an agreed upon cost of such termination. If the termination of the utility services is not completed within thirty (30) days of the Date of Closing. Roeller and Truchinski hereby agree that City may then conduct such work or contract for the same, with the costs of the termination to be assessable in equal shares against the real property owned by Roeller and Truchinski as described above. 7. Removal of Existing Structures. Complete removal of all existing structures located on the subject property must be completed within ninety (90) days of the Date of Closing. All costs of such removal shall be the joint and several liability of Roeller and Truchinski. If the removal of the existing structures is not completed within ninety (90) days of the Date of Closing, Roeller and Truchinski hereby agree that City may then conduct such work, or contract for the same, with the costs of the removal to be assessable in equal shares against the real property owned by Roeller and Truchinski as described above. 8. Property Restoration. Once all existing structures are removed, the lot shall be restored so that the grade of the lot matches the adjacent properties. Ground cover of seed or sod must be provided no later than May 31, 2001. The cost of the above work shall be the joint and several responsibility of Roeller and Truchinski. If the restoration and groundcover are not provided by May 31, 2001, Roeller and Truchinski hereby agree that City may conduct such work, or contract for the same, with the costs of the restoration and /or groundcover to be assessable in equal shares against the real property owned by Roeller and Truchinski as described above. 9. Possession. City shall deliver possession of the property to Roeller no later than the Date of Closing. 2 10. Lot Split /Resale. Within one (1) year from the date of possession, Roeller shall cause to be accomplished a lot split of the subject property. The split shall divide the property from east to west and shall be as close to an equal division of the property as possible. Also within one year of the date of possession, Roeller hereby agrees to sell to Truchinski the northerly portion of the subject property created pursuant to the lot split. Roeller shall deliver to Truchinski a quit claim deed conveying said portion upon purchase payment of $10,000 by Truchinski. In addition to the $10,000 purchase price, Truchinski shall also reimburse Roeller for one -half (1/2) of the utility termination, structure removal, property restoration and lot split costs if not already so paid by Truchinski. 11. Redevelopment Prohibit. If for any reason the above - referenced lot split is not completed, Roeller hereby agrees not to lease or resell the subject property for any redevelopment purposes. If this specific provision is violated, City shall be hereby authorized to withhold any permits, certificates of occupancy or other approvals that such redevelopment may require. 12. Minnesota Law. This Agreement shall be governed by the laws of the State of Minnesota. CITY OF COLUMBIA HE HTS / ,_ a __Addi Its: Mayor By: .. ../ �,>�' Its: City Manage C e .------- ,,,,A4w,,i, a- Brian ► ichael Roeller 4 Patric E. Truchinski 5 -e/frYi - . T <V Sherri A. Truchinski 3 STATE OF MINNESOTA) )SS COUNTY OF ANOKA ) The foregoing instrument was acknowledged before me this day of N 0\r , 2000, by Gary Peterson and Walt Fehst, the Mayor and City Manager, respectively of the City of Columbia Heights, on behalf of the City. `,. 4 ; IC - . INNESOTA (�-c�� I � At • xp. Jan. 31, 20C�f, (Notary Public STATE OF MINNESOTA) )SS COUNTY OF ANOKA ) The foregoing instrument was acknowledged before me this day of , 2000, by Brian Michael Roeller. 6 PATRICIA V. MUSCOVITZ N otary Public NOTAkY PUBLIC - : , INNFSOT4 c My Comm. Exp, Jan i. nn. STATE OF MINNESOTA) )SS COUNTY OF ANOKA ) The foregoing instrument was acknowledged before me this o�„),, day of 0\3— , 2000, by Patrick E. Truchinski and Sherri A. Truchinski. -, ;I;;IAV muE,covi; otary Public . i,:,Yi'ur+i '?NFSO-; 99507_1 4 EXHIBIT A PROPERTY IDENTIFICATION NUMBER: 35 30 24 33 0059 LEGAL DESCRIPTION: Lot 29, Block 80, Columbia Heights Annex to Minneapolis, Anoka County, Minnesota