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HomeMy WebLinkAbout02-77 .I .:-;- e , RESOLUTION NO. ;! - 77 A RESOLUTION of the City Council of the City of Port Angeles amending Resolution No. 20-76 authorizing the purchase of real and personal property located on the waterfront in the City of Port Angele s from General Cons truction Company. WHEREAS~ subsequent to the passage of Resolution No. 20-76 it was learned by the City Manager that the City of Port Angeles holds an interest in the real property abutting portions of that real property which General Construc- tion Company proposes to sell to the City of Port Angeles, and WHEREAS, in recognition of the interest of the City of Port Angeles in said real property, General Construction Company has submitted a real estate contract specifying a purchase price in an amount of Fift~enThousand Dollars ($15,000.00) less than that contemplated in Resolution No. 20-76, and WHEREAS, the real estate contract submitted by General Construction Company includes terms and conditions for payment and occupancy different than those contemplated in Resolution No. 20-76, and WHEREAS, the above mentioned real estate contract submitted by General Construction Company embodying the purchase of real estate referred to in Reso- lution No. 20-76 has been submitted to the Council and has been approved as .10 form by the City Attorney and a copy of which real estate contract is attached hereto and is by this reference incorporated herein; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Angeles as follows: (1). Paragraph 1 of Resolution No. 20-76 prOViding: " "The Mayor of the City of Port Angeles is hereby authorized and directed to execute on behalf of the City the contract with General Construction Company referred to above pro- Viding the conditions as to the lease referred to above are met, " is hereby amended as follows: I. The Mayor of the City of Port Angeles is hereby authorized and directed to execute on behalf of the City the contract with General Construction Company attached to Resolution No. .:t- 17 providing the conditions as to the lease referred to above are met. . (~~ Paragraph 2 of Resolution No. 20-76 providing: "Upon the execution of said contract by the Mayor, the City Treasurer of the City of Port Angeles is directed to pay the down payment on said contract in the sum. of $10 I 0 00.00 to General Construction Company I" is hereby amended as follows: 2. At closing of said contract by the Mayor, the City Treasurer of the City of Port Angeles is directed to pay the purchase price of One Hundred Forty Thousand Dollars ($140,000.00) to General Construction Company. (3~ Resolution No. 20-76 is hereby amended to include a third paragraph immediately following the amended paragraph No.2, which third paragraph shall prOVide: 3. General Construction Company shall have the right to continue using its present offices and facilities rent-free for a period of six (6) months from date of closing I or until the City has commenced demolition of improvements, which- ever event first occurs. The Company shall be given thirty (30) days notice to move from the property being purchased by the City under the terms of thi s con- tract; and if the company does not move within this time, it will pay a reasonable rent to the City for the time that it continues to occupy the premises. PASSED by the City Council of the City of Port Angeles and approved by ,z its Mayor at a regular meeting of the Council held on the C day of January, 1977 . ~;;:kl{j[;;) ~~ MAYOR 0-" , ",...'" ATT-EST: ~-...... ~- :: ";.. , ;12 ' j '. 1/.. _ '/ ?Ld-~ d-~ City"Clerk- . ... /"..' .oi....... APPROVED AS TO FORM: u;qiP2d;~ City Attorney -2- , ' , .I ~~ It ... .. - . -=- ~,..- ",. ~ ~ /' t-Je:C€IVt . 0 afT 4 1976 REAL ESTATE CONTRACT 'THIS CONTRACT, made and entered into this day of september, 1976, between GENERAL CONSTRUCTION COMPANY, a Washing- ton corporation, hereinafter called the "seller," and the CITY OF PORT ANGELES, a municipal corporation, hereinafter called the "pur"chaser," 1;HTNESSETH: The seller agrees to sell to the purchaser and the pur- chaser agrees to purchase from the seller the following described real estate, with the appurtenances, in Clallam County, State of Washington: . Leasehold interest in the following described real property: The harbor area lying in front of Lots 9 and 10, Block 1, West of Laurel Street, Port Angeles Tidelands and bo~~ded by the inner and outer harbor lines, the southeasterly line of Oak street and the southeasterly line of said Lot 9, Block 1, produced across the harbor are~ to the outer harbor line; also That portion of the harbor area in front of Lots 1 and 2, Block 2, west of Laurel Street, Port Angeles Tidelands, lying between the outer harbor line and a line running North 660 41' West from a point on the northwesterly line of Oak Street, said point also being a point on the inner harbor line which is North 310 IS' East 210.90 feet from the most easterly corner of said Lot 1 and between the northwesterly line of said Oak street and the northwesterly line of Lot 2, Block 2, nroduced across the harbor area to the outer harbor line. The above described harbor area is .as shown on the Official Maps of said tidelands on file in the Office of the Commissioner of Public Lands at Olympia, Washington. TOGETHER with all improvements located on the above described real property, including, but not limited to, the dock and buildings. The terms and conditions of this contract are as follows: The purchase price is One Hundred Forty Thousand Dol10lrs ($140,000.00), plus any real estate excise or transfer tax t~at may be payable in connection with this transaction, which . .. :... shall be paid on or before the day of Janua ry" 1977. I ote res t sha 11 ace rue on unpaid balance due on this contract at the rate of nine percent e (9%) per annum computed from the date of this contract. il'~ie&--UnGel:'s,tana--t-ha-t.--the-pu~a6er-ow!ls-the-fo:l:-10\"'i-nq- described real property .located within the City ~imits of -h~ of Port Angeles: ~ . Lots 1 through 4, Block 85, Clallam County, Washington. Port Angeles, and the seller is this property. If the parties it for said property, the seller will buy price to be paid therefore on the balance of owing under the tcrmo of the pr~~8Rt contr~ The parties recognize that the real property coversd by this contract is owned by the State of Washington and has been leased to , - .. . the seller by lease dated November 2, 1961 for a t~rm of twenty (20) years. This contract is contingent upon the purchaser obtaining the ~ approval of the State.of Washington to the assignment of this lease to the purchaser. 'In the event this assignment cannot be obtained,. 'f" ':: this contract shall terminate and any mon~y paid by the purchaser under the terms thereof shall be returned by the seller. (1) The purchaser ass~c~ and agrees to pay before delin- quency all taxes and assessments that may as between grantor and grantee hereafter become a lien on said real estate. Taxes for the year 1976 and insurance shall be prorated as of the .date of the' taking of possession of said real property by the purchaser as .I hereinafter provided. (2) The purchaser agrees, until the purchase price is fully paid, to. keep the buildings now and hereafter placed on said real estate insured to the actual, cash value 'thereof against loss or '. 2 . , ' ~ damage by both fire and windstorm in a company acceptable to the seller and for the seller's benefit, .as its interest may appear, and to pay all premiums therefor and to deliver copies of all e policies and renewals thereof to the seller. (3) The purchaser agrees that full inspection of said real estate has been made and that neither the seller nor its assigns shall be held to any covenant respecting the condition of any im- provements thereon nor shall the purchaser'or seller or the assigns of either be held to any covenant or agreement for alterations, ~ . improvements or repairs unless the covenant or agreement relied on is contained herein or {s in writing and attached to and made a part of this contract. (4) The purchaser assumes all hazards of damage to or destruction of any improvements now on said real estate or hereafter placed thereon, and of the taking of said real estate or any part thereof for public use; and agrees that no such damage, destruction or taking shall constitute a failure of consideration. In case any part of said real estate is taken for public use, the portion of the condemnation award remaining after payment of reasonable ex- ~T.~ . penses of procuring the same shall be paid to the seller and applied as payment on the purchase price herein unless the seller elects to allow the purchaser to apply all or a por~ion of such condemnation award to the rebuilding or restoration of any improvements damaged by sUGh taking. In case of damage or destruction from a peril insured against, the proceeds of such insurance remaining after payment of the reasonable expense of procuring the same shall be devoted to the restoration or rebuilding of such improvements within a reasonable time, unless purchaser elects that said prcceed~ ~ shall be paid to the seller for application on the purchase price herein. 3 . , .I e ~ c r'. '-:- " .. (5) The seller agrees to deliver ,within fifteen (IS) days of the date of this contract a policy of title insurance covering the leasehold interests of the seller in standard form, or a commitment therefor, issued by a reputable title insurance company, insuring the purchaser to the full amount of said purchase price against loss or damage by reason of defect in the seller's title to said leases as of the date of this contract and containing no exceptions other than the printed general exceptions appearing in said po'1icy form. (6) The parties agree that this transaction shall be escrowed with the Seattle First National Bank, port Angeles Branch, and the seller agrees to execute and deliver to said escroW holder assign- ments of the lease covered by this contract and a good and sufficient bill of sale to the improvements on the real property covered by said lease free of encumbrances except any that ffipy attach after date of closing through any person other than the seller, subject to the following: rights of way and easements of record, if any. (7) The company shall have the right to continue using its present offices and facilities rent-free for a ~~;iod of six months from date of closing, or unti1 the City has commenced. demolition of improvements, whichever event first occurs. The Company shall be given thirty (30) days notice to mOve from the property being purchased by the City under the terms of this contract; and if the company does not move within this time, it will pay a reasonable rent to the City for the time that it con- tinues to occupy the premises. is' not consummated, the wi thin t will va e premise& it is DOW the time it is determined 4 .. ,I I " ~' r~nr~' fnr ~ny Tim~ ~n~r ;r rom~;~c in rQ~hQ~~iQR a9YQRR 3~i3 ..~ l,; r~;rry (~O) A~y porinCL Upon the purchaser's receiving possession, it shall be entitled to retain p~ssession so long as it is not in default hereunder. The purchaser covenants to keep the buildings and other improvements on said real estate in good repair and not to permit waste and not to use, or permit the use of, the real estate for any illegal purpose. The purchaser c~venants to pay all service, installation or construction charges for water, sewer/ electricity, garbage or other utility services furnished to said real estate after the date purchaser is entitled to possession. (8) In case the purchaser fails to make any payment herein provided or to maintain insurance, as herein ,required, the seller may make such payment or effect such insurance, and any amounts so paid by the seller, together with interest at the rate of 10% per annum thereof from date of payment until repaid, shall be repayable by purchaser on seller's demand, all without prejudice to any other right the seller might have by reason of such default. (9) Time is of the essence of this contract, and it is agreed that in case the purchaser shall fail to comply with or perform any condition or ag~eement hereof or to make any payment required here- under promptly at the time and ~n the manner herein required, the seller may elect to declare all the purchaserls rights hereunder terminated, and upon his doing so, all payments made by the purchaser hereunder and all improvements placed upon the real estate shall be forfeited to the seller as liquidated damages, and the seller shall have right to re-enter and take possession of the real estate; and no wai~er by the seller of any default on the part of the purchassr shall be construed as a waiver of any subsequent default. e I .I 5 .. .I ;, e ;. - 'l. ~-: '. Service upon purchaser of all demands, notices or other papers with respect to forfeiture and termination of purchaser's rights may be made by United States Mail, postgage pre-paid, return receipt requested, directed to the purchaser at its address last known to the seller. (10) Upon seller's election to bring_ suit to enforce any covenant of this contract, includin~ suit to collect any payment required hereunder, the purchaser agrees to pay a reasonable sum as attorney's fees and all costs and expenses in connection with such suit, which sums shall be included in any judgment or decree entered in such suit. If the seller shall bring suit- to procure an adjudication of the terrnination.oi the purchaser's rights h~reunder, and judg- ment is so entered, the purchaser agrees to pay a reasonable sum as attorney's fees and all costs and expenses in connection with .,- such suit, and also the reasonable cost of searching records to determine the condition of title at the date such suit is commenced, which sums shall be included in any judgment or decree entered in such suit. If the purchaser is required to bring suit to enforce any. of its rights under this contract and judgment is entered in favor.of the purchaser, the seller agrees to pay a reasonable sum as attorney's fees and.all costs and expenses in connection with .such suit, and also the reasonable cost of searching records to determine the condition of title at the date such suit is commenced, which sums shall be included in any judgment or decree entered in .. .,_ "',... such suit. :11,"" "" .........". ....r, " .......! r ---", ~.,,'\....-.;...'"'"; .....,;~~........ ~ ,..."'...4.........' .... .....',. ...... ~~..."I:;\... ...... "f1/"'~ 2r::-:,~-'" "'. ~... ..-.~ L! .L\.. : <:~ /' - l.~st.Fume- t as O.La"'u~ :; :::S ':-': -- .... n ' I' -:. -~.; _ - GEN L ONSTR C, ,ION ~ .. y; ~ .....'. . ~.<, ..: " By j. ~ -...,.-.... .... "'"' IN WITNESS WHEREOF, the parties have executed this hereto "- "M~ .....~- -b.....o..e. wJ..L....'-c.l.l Q . ~ . date first .-..... ~- CITY 'OF "ORT ANGELES ~ _ ~ B~~~' ' . -.. __~ ....... Mayo ~.e:~ . - City Clerk .,. 6 ~.. .,;,. . .. It '" I' ~ .. . J ~ STATE .OF WASHINGTON ) County of c;( Wl] ~ 55 On this ~ day of ~.. '. __, . 19~. personally appeared JOHN BEYER and WILLIAM HALLIN, to me known to be the President and Secretary, respectively of GENERAL CONSTRUCTION COMPANY, the corpor- ation that executed the foregoing instrument, arid acknowledged said instrument to be the free and voluntary act and deed of said cor- poration, for the uses and purposes t~erein mentioned, and on oath stated that they were authorized to execute the said instrument and that the seal affixed is the corporate seal of said corporation. IN WITNESS WHEREOF~ I have hereunto set my hand and affixed my official seal the day and year first above written. J;_JP-LnI.c~~~ NOTARY PUBLIC in and for the State af Washington, residing at ~€~ ";.:... ~ , , ~~ -:- ~~- ....- .--',..~. -"o,~' .. .I ", -:- ""'10.. ; . ------ - ~ :;':.~:} ~-:;'~l/.~ l -:. .-....;- ,..'"\..,........ """ ~ v......... .....0 ~. ...."', ......'... ='" ~ ",~.... .- " ~ ~ ."........ .................." "'\.. - \' /.......... ,........... " '\ .~ 'lJ; . . "-\\' '1rr!,,,," ."",. 7 i: STATE OF WASHINGTON ) ) 5S County of Clallam ) On thi s /d-. tt day of It~)UUIP~ f , 1977, personally appeared Carl eton U fj ~Olson, to me known to be the Mayor of the City of Port Angeles, the Municipal Corporation that executed the foregoing instrument, and acknowledged said instrument to be the free and voluntary act and deed of said cooperation, for the uses and purposes therein mentioned, and on oath stated that they were authorized to execute the said instrument and that the seal affixed is the " corporate seal of The City of Port Angeles. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year first above written. ~fZ~~~_' (!J, fl'c{rt.c/! NOTARY PUBLIC in and for the State of Washington, residing at Port Angeles .t