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HomeMy WebLinkAbout1970-343-33 - Contract with Warren Brenner~Q? BILL NO. ~ T J ' ~ ~ ORDINANCE NO.~~~ ORDINANCE AUTHORIZING THE EXECUTION OF A CONTRACT WITH WARREN BRENNER, QUIK-TRIP CORPORATION, BANK OF RIVERSIDE, PROVIDING FOR AN ESCROW DEPOSIT AND FOR THE CONSTRUCTION OF A SEWER DISTRICT ANA THE ISSUANCE OF SPECIAL TAX BILLS FOR SEWER DISTRICT N0. 16 IN THE CITY OF RIVERSIDE BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RIVERSIDE, RIVERSIDE, MISSOURI, AS FOLLOWS: Section 1. The board of Aldermen does hereby authorize the execution of a contract, a copy of which is attached herein marked exhibit "A" and made a part of this ordinance as though fully set out therein. Section 2. The provisions of said contract provides for an escrow deposit for the cost of construction of the sewer, Sewer District No. 16, providing fox the issuance of the advertising and the award of a construction contract and the issuance of a special. tax bill. The appropriate city officials are hereby authorized to execute such a contract and to do such other act as may be appropriate to effectuate the completion of said agreement. Passed this day of 1970. I ay ATTEST; ~~ ~~ . City Clexc 1970. Approved this- ~_day of ____, Mayo ATTEST: C ty Cler A G R E E M E N T This Agreement made this 18th day of August, 1970 by and between Warren Brenner hereinafter called Brenner and Quik-Trip Corporation, hereinafter called Quik-Trip, Bank of Riverside, hereinafter called Bank and the City of Riverside hereinafter called City. WHEREAS, Brenner and Quik-Trip are owners of realty in an area to be known as Sewer District No. 16 of the City of Riverside and WHEREAS, the City Engineer E. I. Myers has recommended '. ~' DON WITT I~ ATTORNEY AT LAW '. I-29 ANO 92 HIGHWAY '~~~ PLATTE CITY. MO. ~ 64079 I I 431-2750 Oa 891-2533 ' ~ ASSOCIATE tl ABE SHAPER ~_. I to the Board of Aldermen of the City of Riverside that a sewer be constructed in an area to be known as Sewer District No. 16 of the City of Riverside, and WHEREAS, it is the desire of Brenner and Quik-Trip said ~~ sewer be immediately constructed NOW, THEREFORE BE IT AGREED AS FOLLOWS: 1. Brenner agrees to deposit the sum of 7 O ~~ with ~'I the Bank of Riverside and Quik-Trip agrees to deposit the sum Ali of _ic7c><~3 with .the Bank of Riverside. The total of said ii deposit being $12,000.00 and the same to be paid out under the ~i 'j terms and conditions of this contract. Brenner and Quik-Trip ~I further agree that they shall pay or make further deposits I~! to the Bank of Riverside in a sum equal to that of the total II, construction costs, engineering fees accrued or estimated by II the en ineer of the City of Riverside, attorney fees accrued or Ii g '' estimated by the city attorney of the City of Riverside and any and all fees that may be necessary as estimated by the city attorney of the City of Riverside for acquisition of right of way or condemnation the same to be deposited at the time of the letting of said contract for the sewer. Brenner agrees that he shall pay / D ~ ~~ per cent of said additional deposit and Quik-Tril