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HomeMy WebLinkAbout1994-77 - Contract for Modification of Agreement with P. and J. Snowden~l n~~ BILL NO. ~~ / ? ORDINANCE NO. ~~^ AN ORDINANCE AUTHORIZING THE EXECUTION OF A CONTRACT PROVIDING FOR A MODIFICATION IN THE AGREEMENT BETWEEN THE CITY OF RIVERSIDE AND PHIL SNOWDEN AND JANE SNOWDEN. WHEREAS, on the 7th day of June, 1993, an Agreement was executed between the City of Riverside and Phil Snowden and Jane Snowden providing for the donation, by warranty deed, of certain real estate located in the City of Riverside and owned by Phil Snowden and Jane Snowden; and WHEREAS, Phil and Jane Snowden reserved 14.52 acres out of the total acreage of 44.38 acres to develop an indoor sports arena under specific terms and conditions as set forth in the June 7, 1993 Agreement; and WHEREAS, the Missouri Gaming Company is now licensed to operate a Riverboat Casino at the City of Riverside's designated Riverboat location; and WHEREAS, the defeat of Constitutional Amendment No. 3 on April 5, 1994, has delayed the development of Missouri Gaming Company's permanent gaming site, which has then resulted in a delay in the infrastructure necessary for Snowden's development of their proposed sports facility; and WHEREAS, Constitutional Amendment No. 6 has passed which permits games of chance on riverboat casinos; and WHEREAS, some additional time should now be granted to the Snowdens to locate new investors or substitute North Sports, Inc. for a successor which is satisfactory to the city such that a recreational facility can still be developed compatible with city park uses and/or Missouri Gaming uses and all subject to further approval by the City of Riverside; and WHEREAS, the permanent roadway proposed to be developed in the east/west direction for the permanent gaming site of Missouri Gaming Company has been relocated to a more northerly location to avoid interference with certain wetland areas; and WHEREAS, the relocation of the roadway for the permanent site requires a reduction of 2.66 acres from the tract of land reserved by Phil and Jane Snowden from the total acreage to be deeded to the City of Riverside; and WHEREAS, the lesser acreage to be deeded to the City of Riverside pursuant to the original agreement will still be sufficient to provide for the future needs of the City of Riverside and its development of the park area and proposed golf course. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, MISSOURI, AS FOLLOWS: Section 1. The Amendment to the Agreement with Phil Snowden and Jane Snowden, a copy of which is attached hereto and incorporated herein by reference as if fully set forth, is hereby approved. Section 2. The City intends, by this ordinance, to ratify the entire Agreement with Phil Snowden and Jane Snowden, including the Amendment to Agreement approved herein. Section 3. The Mayor and City Clerk are directed to take such further action as may be necessary to implement the intent of this ordinance, including the execution of said Amendment to Agreement. PASSED THIS 2 ~ DAY OF ~.GC'1e%~t~it/ 1994 . MAYOR ATTE CITY CLERK APPROVED THIS ~ DAY OF ~~.~/~-~C ~ 1994 . MAYOR AMENDMENT TO AGREEMENT This Agreement made on this 2U day of ~~2~%~%~ , 1994, by and between the City of Riverside, Missouri, hereinafter called "Donee" and Phil Snowden and Jane Snowden, husband and wife, hereinafter called "Donor". WHEREAS, the parties on the 7th day of June, 1993, entered into an agreement for certain land in the City of Riverside, which provided, among other things, for the donation of a tract of land to the City of Riverside by Donors subject to certain terms and conditions including future events; and WHEREAS, a conveyance by Donor to Donee was conditioned upon the approval of the Missouri Gaming Commission to Missouri Gaming Company for a license to operate a Riverboat Casino at the City of Riverside's designated riverboat location; and WHEREAS, said license has been issued to Missouri Gaming Company; and WHEREAS, the real estate owned by Missouri Gaming Company for its permanent gaming site will require a permanent roadway to be built by Missouri Gaming Company; and WHEREAS, it has been determined that the proposed permanent roadway must be constructed to avoid certain wetland areas, necessitating the relocation of the permanent roadway at a location north of its original intended site; and WHEREAS, the relocation of the proposed roadway necessitates use by Missouri Gaming Company of approximately 2.66 acres, constituting a triangular-shaped tract of land along the Southeast corner of the 14.52 acre tract of land to be initially retained by Donor for development; and WHEREAS, the reduced acreage of the donated land from Donor is still sufficient to meet the needs of the City of Riverside in its future development of its park property for a proposed golf course or otherwise; and WHEREAS, Donor has determined that additional acreage from that part originally designated to be immediately donated to the City of Riverside must be retained to the extent of an additional 2.66 acres which specific legal description shall be based upon survey to be obtained by Missouri Gaming Company, at its expense, and subsequently approved by the City; and WHEREAS, Donor requires additional time to develop the retained acreage and/or obtain a satisfactory substitute developer for said site; NOW, THEREFORE, in consideration of the promises and mutual covenants and conditions contained herein, the parties agree as follows: 1. That the Agreement between Donee and Donor dated June 7, 1993, is hereby ratified and affirmed excepting as specifically amended herein. 2. That the legal description as set forth in the introductory paragraph of the Agreement dated June 7, 1993, shall be amended such that the total acreage described in said legal description shall be 41.72 acres more or less rather than 44.38 acres. A second exception shall be added to the legal description as follows: Except a tract of land legally described as follows: A tract of land in the West half of the West half of Fractional Section 9, Township 50, Range 33, Riverside, Platte County, Missouri, being more particularly described as follows: Commencing at the Northwest corner of said Fractional Section 9; Thence S 00402'00" E along the West line of said Fractional Section 9 a distance of 1,591.58 feet to a point on the North line of a tract of land described in Book 786 at Page 418; Thence S 89420'30" E along said North line a distance of 377.65 feet to the point of beginning of the tract of land to be described; thence N 78448'27" E a distance of 72.45 feet; thence S 11411'33" E a distance of 8.00 feet; thence N 78448'27" E a distance of 113.34 feet; thence along a curve to the left, tangent to the last described course, having a radius of 468.00 feet and an arc length of 57.18 feet; thence N 71448'27" E a distance of 722.66 feet to a point on the East line of the West half of the West half of said Fractional Section 9; thence S 00402'00" E along said East line a distance of 278.97 feet to a point on the North line of said tract of land described in Book 786 at Page 418; thence N 89420'30" W along said North line a distance of 925.85 feet to the point of beginning. Contains 116,072 square feet or 2.66 acres more or less. 3. That Paragraph 2 of the original agreement will be amended such that the first line which reads "30", shall be amended to read "27.33". 4. That Paragraph 3 of the original agreement shall be amended in respect to both the total acreage to be donated and the time for the completion of the project by the Donor or its designated successor, which amended Paragraph 3 shall read as follows: 3. The remaining 14.52 acres. Donor agrees to convey the balance of the 41.72 acres to Donee if, within ,~ ~r~Z~ w months from the date the permanent road is completed by Missouri Gaming Company- ~S' ~, &amir~g-E~ , and if within said stated time North Sports, Inc., its affiliate or Phil and Jane Snowden or assigns has not completed the final plans, and produced all financing, commitments and construction documents to build an indoor sports arena or a recreational, entertainment or sports related facility compatible with the City Park and for use by the general public. If North Sports, Inc. its affiliate, Phil and Jane Snowden or assigns comply with the above contingencies, then Donee receives no interest in the sports area parcel of approximately 14.52 acres, more or less. The additional 2.66 acres needed by Donor for its indoor sports arena project shall be determined by survey obtained by Missouri Gaming Company, Inc., at its cost, and subject to approval by the City of Riverside. Attest: _/~ City Clerk / CITY OF RIVERSIDE, MISSOURI By : ~~ ~ ~.G~ Mayor Phil Snowden Ja-~ Snowden ti~ ~G~-' ~ x(11 ~'~13 MISSOURI WARRANTY DEED THIS INDENTURE, made on the ~ 3 ~~day of December, A.D., One Thousand Nine Hundred and Ninety-four, by and between Phillip H. Snowden and Jane E. Snowden, of the County of Clay, State of Missouri, parties of the first part, and The City of Riverside, Missouri, a municipal corporation, of the County of Platte, State of Missouri, party of the second part. (Mailing address of said first named grantee is: 4443 N.W. Gateway, Riverside, Missouri 64150). W I T N E S S E T H: THAT THE SAID PARTIES OF THE FIRST PART, solely as a gift and with no other consideration, transfer to the said party of the second part its successors and assigns, the following described real estate lying, being and situated in the County of Platte, and State of Missouri, to-wit: A tract of land in the Southwest Quarter of Section 4, Township 50, Range 33, and the Northwest Quarter of Section 9, Township 50, Range 33, Platte County, Missouri, described as follows: Beginning at a railroad rail at the Northwest Corner of said Section 9; thence South along the West line of said Section 9, 1591.23 feet, deed (measures 1592.11 feet) to a gas pipe; thence East 1303.5 feet, deed (mesures 1303.17 feet) to a pui;it in the East line of the West half of the West half of Fractional Section 9, Township 50, Range 33, thence North along said East line 1248.0 feet to a point in the Southerly right of way line of Chicago, Burlington & Quincy Railroad as now located; thence Northwesterly along the Southerly line of said Railroad, 1391.0 feet, deed (measures 1390.66 feet) to the intersection of said Southerly right of way line and the West line of the Southwest Quarter of Section 4, Township 50, Range 33, thence Southerly along said West line, 127.0 feet, deed (measures 126.48 feet) to the point of beginning. Contains 1,933,192.80 Sq. Ft. or 44.38 Acres more or less, EXCEPT tracts of land being some 14.520 acres and 2.66 acres as described below: A tract of land located in Fractional Section 9, Township 50 West, Range 33 West, Riverside, Platte County, Missouri, being more ',, ,, ~ /. particularly described as follows: Commencing at the Northwest Corner of said Fractional Section 9; thence S. 00°02'00" E along the West line of said Fractional Section 9 a distance of 501.37 feet; thence N 89°58'00" E a distance of 397.76 feet to the point of beginning of the tract of land to be described; thence S 86°29'56" E a distance of 640.78 feet; thence S 00°02'00" E Parallel to the West line of said Fractional Section 9, a distance of 874.75 feet; thence S 71°48'27" W a distance of 442.63 feet; thence on a curve to the right, tangent to the last described course, having a radius of 468.00 feet and an arc distance of 57.18 feet; thence S 78°48'27" W a distance of 113.34 feet; thence N 11°11'33" W a distance of 8.00 feet; thence S 78°48'27" W a distance of 13.07 feet; thence N 11°11'33" W a distance of 197.00 feet; thence N 00°02'00" W parallel to the West line of said Fractional Section 9, a distance of 890.00 feet to the point of beginning. Contains 632,491 Square Feet or 14.52 acres more or less, and A tract of land in the West half of the West half of Fractional Section 9, Township 50, Range 33, Riverside, Platte County, Missouri, being more particularly described as follows: Commencing at the Northwest corner of said Fractional Section 9; Thence S 00°02'00" E along the West line of said Fractional Section 9 a distance of 1,591.58 feet to a point on the North line of a tract of land described in Book 786 at Page 418; Thence S 89°20'30" E along said North line a distance of 377.65 feet to the point of beginning of the tract of land to be described; thence N 78°48'27" E a distance of 72.45 feet; thence S 11°11'33" E a distance of 8.00 feet; thence N 78°48'27" E a distance of 113.34 feet; thence along a curve to the left, tangent to the last described course, having a radius of 468.00 feet and an arc length of 57.18 feet; thence N 71°48'27" E a distance of 722.66 feet to a point on the East line of the West half of the West half of said Fractional Section 9; thence S OOQ02'00" E along said East line a distance of 278.97 feet to a point on the North line of said tract of land described in Book 786 at Page 418; thence N 89°20'30" W along said North line a distance of 925.85 feet to the point of beginning. Contains 116,072 square feet or 2.66 acres more or less. Subject to any easements, restrictions or reservations of record. TO HAVE AND TO HOLD the premises aforesaid with all and singular, the rights, privileges, appurtenances and immunities thereto belonging or in any wise appertaining unto the said party of the second part and unto its successors and assigns forever; the said Phillip H. Snowden and Jane E. Snowden hereby covenanting that they are lawfully seized of an indefeasible estate in fee of the 2 ~. ~ ~.;1~2~ Pic. ~~~G I ~ ._._ _~ I O(-1 x'313 premises herein conveyed; that they have good right to convey the same; that the said premises are free and clear from any encum- brance done or suffered by them or those under whom they claim; and that they will warrant and defend the title to the said premises unto the said party of the second part and unto its successors and assigns forever, against the lawful claims and demands of all persons whomsoever. IN WITNESS WHEREOF, the said parties of the first part have hereunto set their hands and seals the day and year above written. Phillip Snowden ne E. Snowden STATE OF MISSOURI ) ss. COUNTY OF CLAY ) ~ L / On this ~3" day of December, 1994, before me, the under- signed, a Notary Public, personally appeared Phillip H. Snowden and Jane E. Snowden, husband and wife, to me known to be the persons described in and who executed the foregoing instrument, and acknowledged that they executed the same as their free act and deed. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal at my office in Liberty, Missouri, the day and year last above written. J~~~„ p FORp',~~~~i~ ~` PN,. i EE~~,, i My Commissin~;l~pire~ n .lun~2D,1DD9 ~ y ~~. yoT A~, v ` ^~~:'r:i~ .~~ PAG:Iii~,J Notary Public GidIC U' i'I .~..i ~~ ~: FRIIfY Ih~(r:Ui.(i.~ ;,~l.i.IVED '" !994 DEC 30 P 4~ O I .I `1 3 i ` CUi;L'U GGGr; Oo~r;~.i;~ 6 IU.~ CUX. PLhI If cU. i~[CUkDFk i/ ~_L9~u2 _~oa ~ i3 1 U`~./