HomeMy WebLinkAbout1997-042 - Purchase of PropertyBILL :~o. =' ~_ ~- oRDL~':a.~rc~ ~To. ~;' ~~`
_~V ORDIl~A~~1CE ~PPROL"1NG, COI~~FIR~IING Air`D R~TITr i~~TG THt
PL`RCHASE OF PROPERTY LOCA'I"ED AT ~ i 13 Y W HIGH DRI~~E ~``TJ
ACTIONS REL?.T"~D THERETO.
~VIIERE.35, the Ciry of Riverside ~"City"j is in the process of making extensive
improvements to portions of High Drive ("Construction");
WHFIZFAS._ Clifford F. and Leona a%athen (collectively, the "a'athens"; own the
property located at 5113 ?~c,F3i•;h Drive. Riverside, Missouri ("Property");
W'IIFRE.'~5. the R--athens had entered into a contract to sell the Property ("Previous
Contract"):
/ AREAS. the R'athens :,ontend that the buyer under the Previous Contract cancelled
the Previous Cont~-•act due to the Construction and related nuisances;
R~ riERE.~S. pordotts of the Properly will be necessam for the Construction;
ar3'r_RE.~S. due to those and other matters, the City previous expressed its intent to
purchase the Property: and
~V"HFu2E.A5, a Real Estate Sale A~eement ~"Contract"}, a copy of which is attached as
Exhi it ~, was exe,^,uted on behalf of the City and closing of the purchase of the Property
occurred on April 3, 190"';
BE IT ORDALVED BY TrFE BOAItJ OF _~,I..DER'vIEN FOR T; ~ CITY OF
RIB ~rRSIDE, bIISSOL'RI AS =OLLOR'S:
SECTIO?~ 1. The execution and delivery of the Contract, the performance of City
obligations under the Cone-act, the purchase of the Propern• and the execurions and delivery' of
all documents and rile performance of all actions related thereto are hereby' appro~•ed. ratified
and coni`trmed.
SECTIO_v ?. This Ordinance shall be in full force and effect from and after its passage
and approval.
PASSED A.ND APPROVED THIS ~ DA:' OF A_pRIL, 199?.
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ATTEST : ~=- , l ''~'~ ' r c
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Grace Kemerling fit.' Clerk ~: F_d R ~ ~ ~~Sayor
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