HomeMy WebLinkAbout2003-055 - Contract to Purchase Real Estate with W. and M. HannahBILL NO. 2003-55
ORDINANCE NO. 2003-55
AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE
A CONTRACT TO PURCHASE REAL ESTATE BY AND BETWEEN
THE CITY OF RIVERSIDE, MISSOURI AND WILLIAM AND MARY HANNAH
WHEREAS, the City of Riverside, Missouri ("City") has engaged in negotiations with
William and Mary Hannah (the "Sellers") for the purchase of certain real estate (the "Purchase").
WHEREAS, the City and the Sellers have reached an agreement concerning the
Purchase.
NOW, THEREFORE, be it ordained by the Board of Aldermen of the City of Riverside,
Missouri, as follows:
Section 1. The City of Riverside shall enter into an agreement to purchase real estate whereby
the City shall purchase from the Sellers that certain real estate legally described at Exhibit A of
the contract to purchase real estate attached hereto as Attachment 1 (the "Agreement') for a
total sum not to exceed Three Hundred Sixty Thousand and No/100 Dollars ($360,000.00).
Section 2. The execution and delivery of the Agreement, in substantially the form attached
hereto as Attachment 1, with such changes, additions, and deletions as may be approved by the
Mayor, is approved, and the Mayor is authorized to execute the Agreement and to take such
other actions reasonably necessary to carry out the intent of this Ordinance on behalf of the City,
the execution of the Agreement being conclusive evidence of such approval.
Section 3. This Ordinance shall be in full force and effect from and after its passage and
approval.
Passed this~~day of , 2003.
A TE /
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Ci Clerk
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Mayor