HomeMy WebLinkAbout2011-010 IDA Resolution Purchase Property IDA Resolution 2011-010
IDA
RESOLUTION NO. 2011-010
A RESOLUTION AUTHORIZING THE SALE AND TRANSFER OF CERTAIN
PRPERTY TO THE CITY OF RIVERSIDE, MISSOURI; DIRECTING UMB BANK,
AS TRUSTEE, TO RELEASE SUCH PROPERTY FROM THE DEED OF TRUST;
AND AUTHORIZING OTHER ACTIONS IN CONNECTION THEREWITH.
Pursuant to the provisions of Chapter 349, RSMo., as amended, the Board of Directors
of The Industrial Development Authority of the City of Riverside, Missouri (the"IDA"), hereby
adopt this Resolution and direct that this Resolution be filed with the official IDA minutes:
WHEREAS,the IDA issued its Industrial Development Revenue Bonds (Riverside
Horizons Infrastructure Project- City of Riverside, Missouri), Series 2007 in the principal amount
of$40,265,000 (the"Bonds"); and.
WHEREAS, the City of Riverside, Missouri ("City"), the IDA, and UMB Bank, N.A.,
entered into that certain Financing and Cooperation Agreement dated as of May 1, 2007 relating
to the Bonds (the"Financing Agreement"); and
WHEREAS, the Financing Agreement requires that IDA, upon direction of the City,
transfer and sell the Mortgaged Property (as defined in the Financing Agreement), in whole or in
part, in one or more transactions; and
WHEREAS, the IDA has an interest in the Mortgaged Property legally described in
Exhibit A attached hereto; not
WHEREAS, the City has, pursuant to Resolution R-2011-010, a copy of which is
presented with this Resolution and is on file with the Secretary, directed the IDA to convey its
interest in that certain portion of the Mortgaged Property, the legal description of such portion
being attached as Exhibit A (the"Property"), to the City upon compliance with the terms and
conditions of the Financing Agreement;
NOW THEREFORE, BE IT RESOLVED, by the Board of Directors of the Industrial
Development Authority of the City of Riverside, Missouri as follows:
Section 1. The IDA's conveyance of all right, title and interest in the Property to the City
at the price of$.50 per square foot is hereby approved. There are 420,354 +/- square feet
within the Property making the purchase price of the Property$210,177 (the"Sales Price").
Section 2. The Special Warranty Deed conveying all right, title and interest of the IDA in
the Property is hereby approved in substantially the form attached as Exhibit B and the
President and Vice President are hereby authorized to enter into, execute and deliver and the
Secretary and the Assistant Secretary are hereby authorized to attest, such document with such
changes therein as shall be approved by the official of the IDA executing such document, such
official's signature thereon being conclusive evidence of his approval and the IDA's approval
thereof.
IDA Resolution 2011-010
Section 3. The Quit Claim Deed relinquishing any right, title and interest of the IDA in
Lot 1 of Argo Innovation Park is hereby approved in substantially the form as Exhibit C and the
President and Vice President are hereby authorized to enter into, execute and deliver and the
Secretary and the Assistant Secretary are hereby authorized to attest, such document with such
changes therein as shall be approved by the official of the IDA executing such document, such
official's signature thereon being conclusive evidence of his approval and the IDA's approval
thereof.
Section 4. The IDA hereby requests and directs that LIMB Bank, as Trustee, upon
receipt of the sales price cause the release of the Property from the lien of the Deed of Trust.
Section 5. The President, Vice-President, Secretary, Assistant Secretary and other
appropriate officers and agents of the IDA are hereby authorized to take such further actions
and execute such other documents as may be necessary or desirable to carry out and comply
with the intent of this Resolution.
Section 5. The Resolution shall be in full force and effect from and after its adoption.
ADOPTED THIS, DAY OF�Cn.l2r`Q@C . 2011.
This Resolution was adopted at the meeting of the Board of Directors of the IDA duly
called and held this date.
Pamela J. ar resident
(SEAL)
ATTEST:
ecretary
IDA Resolution 2011-010
EXHIBIT A
LEGAL DESCRIPTION OF PROPERTY
THE WEST 9.65 ACRES OF LOT 1,ARGO INNOVATION PARK,RIVERSIDE, PLATTE COUNTY,MISSOURI,DESCRIBED AS
FOLLOWS:
ALL THAT PART OF LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS", DECEASED, LYING
NORTH OF THE FOLLOWING DESCRIBED TRACT: A TRACT OF LAND LYING IN LOT 3,PLAT OF THE PARTITION OF
THE"ESTATE OF GEORGE ROBERTS"-DECEASED,A SUBDIVISION OF LAND IN THE CITY OF RIVERSIDE, PLATTE
COUNTY,MISSOURI,ACCORDING TO THE RECORDED PLATTHEREOF,AND LOCATED IN THE SOUTHEAST QUARTER
OF FRACTIONAL SECTION 6,TOWNSHIP 50 NORTH, RANGE 33 WEST, BEARINGS ARE REFERENCED TO GRID NORTH
OF THE MISSOURI STATE PLANE COORDINATE SYSTEM,1983,WEST ZONE,AND BEING MORE PARTICULARLY
DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF SAID SOUTHEAST QUARTER OF
FRACTIONAL SECTION 6,T50N,R33W,BEING A FOUND#6 IRON BAR IN MONUMENT BOX, PER CERTIFIED LAND
CORNER DOCUMENT NUMBER 600-61555;THENCE N89'23'44"W ALONG THE SOUTH LINE OF SAID SOUTHEAST
QUARTER,A DISTANCE OF 1584.16 FEET TO THE SOUTHWEST CORNER OF SAID LOT 3,PLAT OF THE PARTITION OF
THE"ESTATE OF GEORGE ROBERTS"-DECEASED;THENCE N00°16'14"E ALONG THE WEST LINE OF SAID LOT 3,PLAT
OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,A DISTANCE OF 777.66 FEETTO THE POINT
OF BEGINNING;THENCE CONTINUING NOO"16'14"E ALONG SAID WEST LINE OF LOT 3,A DISTANCE OF 1210.00
FEET;THENCE S89"23'44"E,A DISTANCE OF 531.76 FEET TO A POINT ON THE EAST LINE OF SAID LOT 3,PLAT OF
THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED;THENCE 500'22'50"W ALONG SAID EAST LINE
OF LOT 3,A DISTANCE OF 1209.99 FEET;THENCE N89"23'44"W,A DISTANCE OF 529.44 FEET TO THE POINT OF
BEGINNING.EXCEPT ALL THAT PART OF THE WEST 20.00 FEET,AS MEASURED AT RIGHT ANGLES TO THE WEST
LINE OF LOT 3,PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,OF THE ABOVE
DESCRIBED TRACT,TO BE USED FOR ROADWAY PURPOSES. SUBJECT TO ALL EASEMENTS AND RESTRICTIONS OF
RECORD.
IDA Resolution 2011-010
EXHIBIT B
FORM OF CONVEYANCE
SPECIAL WARRANTY DEED
THIS INDENTURE is made as ofV0APjc,\-j2t j� , 2011 by The INDUSTRIAL
DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE, MISSOURI, a public corporation
organized and existing under the laws of the State of Missouri, as grantor ("Grantor"), with a
mailing address of 2950 NW Vivion Road, Riverside, Missouri 64150 to CITY OF RIVERSIDE,
MISSOURI, a fourth class city organized and existing under the laws of the state of Missouri, as
grantor("Grantor"), with mailing address of 2950 NW Vivion Road, Riverside, Missouri 64150.
WITNESSETH: THAT GRANTOR, in consideration of the sum of TEN AND NO/100
DOLLARS ($10.00) and other valuable consideration to it in hand paid by Grantee (the receipt
of which is hereby acknowledged)does by these presents, BARGAIN and SELL, CONVEY and
CONFIRM unto Grantee, its successors and assigns, the lots, tracts or parcels of land, lying,
being and situate in the County of Platte and State of Missouri as described as follows:
THE WEST 9.65 ACRES OF LOT 1,ARGO INNOVATION PARK, RIVERSIDE,PLATTE COUNTY,
MISSOURI, DESCRIBED AS FOLLOWS:
ALL THAT PART OF LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS",
DECEASED, LYING NORTH OF THE FOLLOWING DESCRIBED TRACT: ATRACT OF LAND LYING IN
LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,A
SUBDIVISION OF LAND IN THE CITY OF RIVERSIDE, PLATTE COUNTY, MISSOURI,ACCORDING TO
THE RECORDED PLAT THEREOF,AND LOCATED IN THE SOUTHEAST QUARTER OF FRACTIONAL
SECTION 6,TOWNSHIP 50 NORTH, RANGE 33 WEST, BEARINGS ARE REFERENCED TO GRID
NORTH OF THE MISSOURI STATE PLANE COORDINATE SYSTEM, 1983,WEST ZONE,AND BEING
MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF
SAID SOUTHEAST QUARTER OF FRACTIONAL SECTION 6,T50N, R33W, BEING A FOUND##6 IRON
BAR IN MONUMENT BOX, PER CERTIFIED LAND CORNER DOCUMENT NUMBER 600-61555;
THENCE N89°23'44"W ALONG THE SOUTH LINE OF SAID SOUTHEAST QUARTER,A DISTANCE OF
1584.16 FEET TO THE SOUTHWEST CORNER OF SAID LOT 3, PLAT OF THE PARTITION OF THE
"ESTATE OF GEORGE ROBERTS"-DECEASED;THENCE N00"16'14"E ALONG THE WEST LINE OF
SAID LOT 3,PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,A
DISTANCE OF 777.66 FEETTO THE POINT OF BEGINNING;THENCE CONTINUING NOO°16'14"E
ALONG SAID WEST LINE OF LOT 3,A DISTANCE OF 1210.00 FEET;THENCE S89"23'44"E,A
DISTANCE OF 531.76 FEET TO A POINT ON THE EAST LINE OF SAID LOT 3, PLAT OF THE
PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED;THENCE S00°22'50"W ALONG
SAID EAST LINE OF LOT 3,A DISTANCE OF 1209.99 FEET;THENCE N89°23'44"W,A DISTANCE OF
529.44 FEET TO THE POINT OF BEGINNING. EXCEPT ALL THAT PART OF THE WEST 20.00 FEET,AS
MEASURED AT RIGHT ANGLES TO THE WEST LINE OF LOT 3, PLAT OF THE PARTITION OF THE
"ESTATE OF GEORGE ROBERTS"-DECEASED,OF THE ABOVE DESCRIBED TRACT,TO BE USED FOR
ROADWAY PURPOSES. SUBJECT TO ALL EASEMENTS AND RESTRICTIONS OF RECORD.
IDA Resolution 2011-010
TO HAVE AND TO HOLD the premises aforesaid, with all and singular the rights
privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto
Grantee and unto its successors and assigns forever, Grantor hereby covenanting that it is
lawfully seized of an indefeasible estate in fee of the premises herein conveyed; that it has good
right to convey the same; that said premises are free and clear from any encumbrance (except
as referenced above) done or suffered by it; and that it will warrant and defend the title to said
premises unto Grantee and unto its successors and assigns forever, against the lawful claims
and demands of all persons whomsoever claiming under it except as above stated.
IN WITNESS WHEREOF, Grantor has caused these presents to be signed as of the day
and year first above written.
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE CITY OF RIVERSIDE, MISSOURI
By:
Q/ ,u 14 doliz j 7�--
�ii;7era J. Dar a, resident
ATTEST:
By.
Sarah Wagner, So retary
ACKNOWLEDGEMENT
STATE OF MISSOURI )
) SS
COUNTY OF PLATTE )
ON THIS 'Onay ofS Efi, ey0e1 2011, before me, the undersigned, a
Notary Public in and for said County and state, personally appeared Pamela J. Darata, to me
personally known, who being by me duly sworn, did say that she is the President of The
Industrial Development Authority of the City of Riverside, Missouri, a public corporation
duly organized and existing under the laws of the state of Missouri, and that the seal affixed to
the foregoing instrument is the seal of said Authority, and that said instrument was signed and
sealed in behalf of said Authority by free act and deed of said Authority.
WITNESS my hand and official seal in the County and State aforesaid, the day and year
first above written.
R081N L.LITTRELL
Emy
tary Pu#Ita-Notary Seal
of Mlwoud,Ray County
mmission R 11390031 Notary Public Signat re
mission Expires Mar 8,2015(Seal) �_ �►,, � L '-�'�-t��
Printed or Typed Name
My Commission Expires:' 0 g 3-D i S
IDA Resolution 2011-010
EXHIBIT C
FORM OF CONVEYANCE
QUIT CLAIM DEED
THIS INDENTURE, effective as of the klffi day of 2011, by and
between THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE,
MISSOURI, a public corporation organized and existing under the laws of the State of Missouri,
Grantor, party of the first part, and THE CITY OF RIVERSIDE, MISSOURI, a fourth class city
organized and existing under the laws of the State of Missouri, Grantee, party of the second part
(mailing address of Grantee: 2950 NW Vivion Road, Riverside, Missouri 64150).
WITNESSETH, that the party of the first part, in consideration of the sum of TEN AND
NO/100 DOLLARS ($10.00), and other good and valuable consideration to it paid by the party of
the second part, the receipt and sufficiency of which is hereby acknowledged, does by these
presents REMISE, RELEASE, and FOREVER QUIT CLAIM unto the party of the second part,
the following described lots, tracts, or parcels of land lying, being, and situated in the County of
Platte, and State of Missouri to-wit:
All of Lot 1, Argo Innovation Park, a subdivision in the City of Riverside, Platte
County, Missouri, subject to all easements and restrictions of record
together with the any improvements constructed or located thereon.
TO HAVE AND TO HOLD THE SAME, with all the rights, immunities, privileges, and
appurtenances thereto belonging, unto the party of the second part and unto its heirs and
assigns forever; so that neither the party of the first part nor its heirs or assigns, nor any other
person or persons, for whom or in whose name or behalf, will hereinafter claim or demand any
right or title to the described premises or any part thereof, but they and each of them shall, by
these presents, be excluded and forever barred.
IN WITNESS WHEREOF, The party of the first part has caused these presents to be signed
as of the day and year first above written.
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OFT F RIVERSIDE MISSOURI
By:
Pamela J. Dar Pr sident
ATTEST:
By:
Sarah Wagner, Asst. ecretary
IDA Resolution 2011-010
ACKNOWLEDGEMENT
STATE OF MISSOURI )
) SS
COUNTY OF PLATTE )
ON THIS \7 �'day of 2011, before me, the undersigned, a Notary
Public in and for said County and state, personally appeared Pamela J. Darata to me
personally known, who being by me duly sworn, did say that she is the President of The
Industrial Development Authority of the City of Riverside, Missouri, a public corporation
duly organized and existing under the laws of the state of Missouri, and that the seal affixed to
the foregoing instrument is the seal of said Authority, and that said instrument was signed and
sealed in behalf of said Authority by free act and deed of said Authority.
WITNESS my hand and official seal in the County and State aforesaid, the day and year
first above written.
o v �
Notary Public Signature
My Commission Expires: AOL"gr aC�y
ENotary
N L.LITTRELL
ubk-Notary Sul
issouri.Ray County
sion N 11390831
on Expires Mar 8,2015
3
Recorded in Platte County, Missouri
Recording Date/Time: 11/21/2011 at 10:46:05 AM
Instr Number: 2011013426 """"''
Book: 1181 Page: 828 yV�eO�R OFOFb�
Type: TR WD e: :N
Pages: 3
Fee: S30,00S
QO NTY.�
Grantor: INDUSTRIAL DEV AUTHORITY OF THE CIT... Gloria Boyer,
Grantee: RIVERSIDE MO CITY OF Recorder of Deeds
Grantor:
The Industrial Development Authority of the City of
Riverside,Missouri
2950 NW Vivion Road,Riverside,MO 64150
Grantee:
The City of Riverside,Missouri
2950 NW Vivion Road,Riverside,MO 64150
SPECIAL WARRANTY DEED X
THIS INDENTURE is made as of ' I\ I er' Oek4 , 2011 by The INDUSTRIAL _
DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE, MISSOURI, a public corporation pp
organized and existing under the laws of the State of Missouri, as grantor("Grantor'), with a —
mailing address of 2950 NW Vivion Road, Riverside, Missouri 64150 to CITY OF RIVERSIDE,
MISSOURI, a fourth class city organized and existing under the laws of the state of Missouri, as O
grantor("Grantor'), with mailing address of 2950 NW Vivion Road, Riverside, Missouri 64150. CID
IV
WITNESSETH: THAT GRANTOR, in consideration of the sum of TEN AND NO/100 CA
DOLLARS ($10.00) and other valuable consideration to it in hand paid by Grantee (the receipt
of which is hereby acknowledged) does by these presents, BARGAIN and SELL, CONVEY and
CONFIRM unto Grantee, its successors and assigns, the lots, tracts or parcels of land, lying,
being and situate in the County of Platte and State of Missouri as described as follows:
THE WEST 9.65+/-ACRES OF LOT 1,ARGO INNOVATION PARK, RIVERSIDE, PLATTE COUNTY,
MISSOURI, DESCRIBED AS FOLLOWS:
ALL THAT PART OF LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS",
DECEASED, LYING NORTH OF THE FOLLOWING DESCRIBED TRACT: A TRACT OF LAND LYING IN
LOT 3, PLAT OF THE PARTITION OF THE-ESTATE OF GEORGE ROBERTS--DECEASED,A
SUBDIVISION OF LAND IN THE CITY OF RIVERSIDE, PLATTE COUNTY, MISSOURI,ACCORDING TO
THE RECORDED PLATTHEREOF,AND LOCATED IN THE SOUTHEAST QUARTER OF FRACTIONAL
SECTION 6,TOWNSHIP 50 NORTH, RANGE 33 WEST, BEARINGS ARE REFERENCED TO GRID
NORTH OF THE MISSOURI STATE PLANE COORDINATE SYSTEM, 1983,WEST ZONE,AND BEING
MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF
SAID SOUTHEAST QUARTER OF FRACTIONAL SECTION 6,TSON, R33W, BEING A FOUND#6 IRON
BAR IN MONUMENT BOX, PER CERTIFIED LAND CORNER DOCUMENT NUMBER 600-61555;
THENCE N89"23'44"W ALONG THE SOUTH LINE OF SAID SOUTHEAST QUARTER,A DISTANCE OF
1584.16 FEET TO THE SOUTHWEST CORNER OF SAID LOT 3, PLAT OF THE PARTITION OF THE
"ESTATE OF GEORGE ROBERTS"-DECEASED;THENCE N00"16'14"E ALONG THE WEST LINE OF
SAID LOT 3, PLAT OF THE PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED,A
DISTANCE OF 777.66 FEET TO THE POINT OF BEGINNING;THENCE CONTINUING N00°16'14"E
ALONG SAID WEST LINE OF LOT 3,A DISTANCE OF 1210.00 FEET;THENCE 589"23'44"E,A
DISTANCE OF 531.76 FEET TO A POINT ON THE EAST LINE OF SAID LOT 3, PLAT OF THE
PARTITION OF THE"ESTATE OF GEORGE ROBERTS"-DECEASED;THENCE S00°22'50"W ALONG
SAID EAST LINE OF LOT 3,A DISTANCE OF 1209.99 FEET;THENCE N89"23'44"W,A DISTANCE OF
529.44 FEET TO THE POINT OF BEGINNING. EXCEPT ALL THAT PART OF THE WEST 20.00 FEET,AS
MEASURED AT RIGHT ANGLES TO THE WEST LINE OF LOT 3, PLAT OF THE PARTITION OF THE
"ESTATE OF GEORGE ROBERTS"-DECEASED,OF THE ABOVE DESCRIBED TRACT,TO BE USED FOR
ROADWAY PURPOSES. SUBJECT TO ALL EASEMENTS AND RESTRICTIONS OF RECORD.
TO HAVE AND TO HOLD the premises aforesaid, with all and singular the rights
privileges, appurtenances and immunities thereto belonging or in anywise appertaining unto
Grantee and unto its successors and assigns forever, Grantor hereby covenanting that it is
lawfully seized of an indefeasible estate in fee of the premises herein conveyed; that it has good
right to convey the same; that said premises are free and clear from any encumbrance(except
as referenced above) done or suffered by it; and that it will warrant and defend the title to said
premises unto Grantee and unto its successors and assigns forever, against the lawful claims
and demands of all persons whomsoever claiming under it except as above stated.
W
IN WITNESS WHEREOF, Grantor has caused these presents to be signed as of the day X
and year first above written. co
_
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OF THE TY OF RIVERS!PE MISSOURI —o
O
co
By. WAL16N
amela T Dara) , President co
ATTEST:
By:
Sarah Wagner, Se,6rbtary
ACKNOWLEDGEMENT
STATE OF MISSOURI )
) SS
COUNTY OF PLATTE )
ON THIS ITd y of \k0,k_r\be 2011, before me, the undersigned, a
Notary Public in and for said County and state, personally appeared Pamela J. Darata, to me
personally known, who being by me duly sworn, did say that she is the President of The
Industrial Development Authority of the City of Riverside, Missouri, a public corporation
duly organized and existing under the laws of the state of Missouri, and that the seal affixed to
the foregoing instrument is the seal of said Authority, and that said instrument was signed and
sealed in behalf of said Authority by free act and deed of said Authority.
WITNESS my hand and official seal in the County and State aforesaid, the day and year
first abov i
ROSIN L.LITTRELL
Notary Public-NotaSeal
State of Missouri,Ray
County
Commission• 11390631 Notary Public Signature
(Seal) My Commission Expires Mar S,2015
Printed or Typed Name
My Commission Expires: g, 3Z
ca
co
—o
c-�
0
N
00
Recorded in Platte County, Missouri
Recording Date/Time: 11/21/2011 at 10:46:05 AM
Instr Number: 2011013425PO
,, ER OFO'=
Book: 1181 Page: 827
Type: TR QCD :4�°°.; :N
Pages: 2
Fee: $27.00S
III IN IIIIlilllllllllllllllllllllllllllllllll111111
Grantor: INDUSTRIAL DEV AUTHORITY OF THE CIT... Gloria Boyer,
Grantee: RIVERSIDE MO CITY OF Recorder of Deeds
Grantor:
The Industrial Development Authority of the City of
Riverside,Missouri
2950 NW Vivion Road,Riverside,MO 64150
Grantee:
The City of Riverside,Missouri
2950 NW Vivion Road,Riverside,MO 64150
to
PZ
QUITCLAIM DEED _
THIS INDENTURE, effective as of the krl day oft,> e� 2011, by and Co
between THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF RIVERSIDE,
MISSOURI, a public corporation organized and existing under the laws of the State of Missouri,
Grantor, party of the first part, and THE CITY OF RIVERSIDE, MISSOURI, a fourth class city o
organized and existing under the laws of the State of Missouri, Grantee, party of the second part co
(mailing address of Grantee: 2950 NW Vivion Road, Riverside, Missouri 64150). rV
J
WITNESSETH, that the party of the first part, in consideration of the sum of TEN AND
NO/100 DOLLARS ($10.00), and other good and valuable consideration to it paid by the party of
the second part, the receipt and sufficiency of which is hereby acknowledged, does by these
presents REMISE, RELEASE, and FOREVER QUIT CLAIM unto the party of the second part,
the following described lots, tracts, or parcels of land lying, being, and situated in the County of
Platte, and State of Missouri to-wit:
All of Lot 1, Argo Innovation Park, a subdivision in the City of Riverside, Platte
County, Missouri, subject to all easements and restrictions of record
together with the any improvements constructed or located thereon.
TO HAVE AND TO HOLD THE SAME, with all the rights, immunities, privileges, and
appurtenances thereto belonging, unto the party of the second part and unto its heirs and
assigns forever; so that neither the party of the first part nor its heirs or assigns, nor any other
person or persons, for whom or in whose name or behalf, will hereinafter claim or demand any
right or title to the described premises or any part thereof, but they and each of them shall, by
these presents, be excluded and forever barred. \ ,p
l \yy tl� IS:I)4rjtAt W-,0- U,
IN WITNESS WHEREOF, The party of the first part has caused these presents to be signed
as of the day and year first above written.
THE INDUSTRIAL DEVELOPMENT AUTHORITY
OFT TY OF RIVERSIDE, MISSOURI
By: 11
Pamela J. Darat , President
ATTEST:
By: �,.SZA
Sarah Wagner, Ass . ecretary
ACKNOWLEDGEMENT
STATE OF MISSOURI )
) SS co
COUNTY OF PLATTE )
ON THIS day of -. k-A 2011, before me, the undersigned, a Notary 00
Public in and for said County and state, personally appeared Pamela J. Darata to me —
personally known, who being by me duly sworn, did say that she is the President of The -v
Industrial Development Authority of the City of Riverside, Missouri, a public corporation C:)
duly organized and existing under the laws of the state of Missouri, and that the seal affixed to pp
the foregoing instrument is the seal of said Authority, and that said instrument was signed and N
sealed in behalf of said Authority by free act and deed of said Authority. V
WITNESS my hand and official seal in the County and State aforesaid, the day and year
first above written.
Notary Public Signat re
My Commission Expires:
ROSIN L.LITTRELL
Notary Public-Notary Seal
State of Missouri,Ray County
Commission• 11390831
My ComrMesion Expires Mar 8,2015