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HomeMy WebLinkAbout81-03RESOLUTION NO. 81-3 1 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH APPROVING AGREEMENT OF SALE OF REAL PROPERTY - SALISBURY 4 BE IT RESOLVED that certain Agreement of Sale of Real Property attached hereto and made a part hereof is hereby approved and the Mayor and Clerk are authorized to execute same on behalf of the City. PASSED AND ADOPTED this 2nd day of 1980, by the following roll call vote: July AYES: Councilmember Riley, Feibusch, Snyder, Myers, Hickey 11 NOES: None 19- ABSENT: None 13 14 16 17 ATTEST: 15 r' City Clerk 22 ~ MayOr--/ -- ! 24 26 27 AGREEMENT FOR SALE OF REAL PROPERTY THIS AGREEMENT, made this 26th day of June, 1980, by and between the CITY OF UKIAH, a Municipal Corporation, hereinafter referred to as "City," and ORA L. SALISBURY, owner, hereinafter referred to as "Salisbury," W I T N E S S E T H : WHEREAS, Salisbury owns property located at 197 East Gobbi Street, Ukiah, California, Assessor's Parcel No. 180-03-10, and~ WHEREAS, said property is required by City for expansion and modifications to its electrical sub-station adjacent thereto and for future City needs, and WHEREAS, the City has had the property appriased and the parties have negotiated a purchase by the City and a sale thereof by Salisbury. NOW, THEREFORE, the parties agree as follows: 1. Purchase Price. The purchase price shall be One Hundred Five Thousand Five Hundred Dollars ($105,500.00), which is the appraised valuation of said property. City shall pay this sum through escrow established at the Western Title Company, Ukiah, California. 2. Terms. The terms shall be as follows: A. This shall be a cash sale only. B. Escrow will close within thirty (30) days of the execution of this Agreement. C. Taxes and insurance to be prorated as of the close of escrow. D. Escrow expenses to be at the expense of the City. 3. City agrees, as part of this sale, to rent the dwelling and storage buildings back to Salisbury for One Dollar ($1.00) per month for a period of not less than one (1) year from date of close of escrow. Utility expenses to remain those of Salisbury. 4. The contents of the dwelling and storage buildings, including all appliances, shall remain the property of Salisbury and can be removed at any time during the one (1) year period from the closing date of escrow. 5. City shall provide City water to the dwelling if the present well is disturbed by the City during the one (1) year period from the closing date of escrow. This shall be furnished at no expense to Salisbury. 6. The temporary storage building shall be torn down for salvage by Salisbury, at her expense and liability, within one (1) year from close of escrow. - 2 - 7. Both parties agree to fur~'~ish such documents and escrow instructions as are necessary to close the sale at the earliest feasible time. 8. Seller's Responsibilities. A. Upon close of escrow, there shall be delivered to the City a recorded grant deed, properly executed and acknowledged, conveying to City the marketable fee simple title to all of said real property free and clear of all liens, charges, assessments, claims, encumbrances and defects, save and except for: -- 1. Zoning regulations and ordinances; 2. Lien of current taxes not then delinquent; 3. Recorded easements and rights of way; 4. Those matters which constitute the printed exceptions of a standard CLTA policy of title insurance. B. Upon close of escrow, there shall be delivered to City, at the sole expense of City, a standard owner-lender coverage policy of title insurance issued by Western Title Insurance Company, insuring City in a total amount of not less than One Hundred Five Thousand Five Hundred Dollars ($105,500.00), that the title to said real property is vested in the City free and clear of all liens, charges, assessments, claims, encumbrances and defects,save and except only those specified in paragraph 8.A. above. 9. Relocation Expenses. City acknowledges Salisbury's rights to certain relocation expenses pursuant to the regulations of the Department of Housing and Community Development (Title 25, - 3 - California Administrative Code) dealing with relocation assistance. The parties have negotiated such relocation expenses and agree that the following allowances and expenses are determined to be as follows: Replacement Housing Rent Differential Moving Expenses; 5 rooms~ at~ $50.00 per room Dislocation Allowance Miscellaneous Moving Expenses $4,000.00 250.00 200.00 25.00 $4,475.00 In the event of death of ORA L. SALISBURY prior to moving from the dwelling, Relocation Allowance and Expenses shall not be due and payable to the Estate or heirs of Salisbury, or at all. IN WITNESS WHEREOF, the parties hereto have set their hands the day and year first above written. CITY OF UKIAH, a Municipal Corporation, ~, Maydr '. ORA L. SALISBURY - 4 - EDGMENT--GeneraI--Wolcotts Form 233--Rev. 3-64 ON June 26, __,19 [tO before me, the undersigned, a Notary Public in and for said State, personally appeared ..................... -or~'--i~ ;--~ ~1i s bury ., known to me, to be the person .... whose name__ f s _subscribed to the within Instrument, and acknowledged to me that ~___.he___ executed the same. WITNESS my hand and official seal. Notary Public in and for said State.