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HomeMy WebLinkAboutOrdinances - ORD-18-1869 - 04/30/2018 - Land Aquistion Home AveJOSEPH J. TIR10 RECORDER.-gMCHENR`L. �COUNTY, I 2018ROO20563 06/21/2018 08.11.33 AM PACES. 144 RECORDING FEE 34.00 GIS FEE 15.00 This space reserved for Recorder's use only. ORDINANCE NO. 18-1869 An Ordinance Authorizing the Mayor's Execution of a Real Estate Sales Agreement between Casey J. Johnson and the City of McHenry, McHenry County, Illinois Prepared by the Office of the McHenry City Clerk Mail to: Office of the Deputy City Clerk City of McHenry 333 S. Green Street McHenry, Illinois 60050 A� �a ty m Debra Meadows, Deputy City Clerk - `4 c. .a City of McHenry McHenry COUNTY STATE OF ILLINOIS ORDINANCE NUMBER 18-1869 An Ordinance Authorizing the Mayor's Execution of a Real Estate Sales Agreement between Casey J. Johnson and the City of McHenry, McHenry County, Illinois ADOPTED BY THE CITY COUNCIL OF THE CITY OF MCHENRY MCHENRY COUNTY STATE OF ILLINOIS May 8, 2018 Published in pamphlet form by authority of the City Council of the City of McHenry, McHenry County, Illinois this 30th day of April, 2018 s � , ORDINANCE NO.ORD-18-1869 AN ORDINANCE AUTHORIZING THE MAYOR'S EXECUTION OF A REAL ESTATE SALES AGREEMENT BETWEEN CASEY J. JOHNSON AND THE CITY OF MCHENRY, MCHENRY COUNTY, ILLINOIS WHEREAS, the City of McHenry, McHenry County, Illinois, is a home rule municipality as contemplated under Article VII, Section 6, of the Constitution of the State of Illinois, and the passage of this Ordinance constitutes an exercise of the City's home rule powers and functions as granted in the Constitution of the State of Illinois. WHEREAS, it has been determined that the purchase of two (2) adjacent vacant lots commonly known as 4505 and 4509 Home Avenue, McHenry, McHenry County, Illinois identified as permanent index numbers 09-27-404-005 and 09-27-404-006 will serve the public interest and facilitate improvements to the Lakeland Park Drainage project; NOW, THEREFORE, BE IT ORDAINED by the CITY COUNCIL of the CITY OF MCHENRY, McHenry County, Illinois, as follows: SECTION l: The Real Estate Sales Agreement dated April 30, 2018 between the City of McHenry and Casey J. Johnson, PO Box 11, Colstrip, MT 59323 is attached to this Ordinance and incorporated herein by reference as Exhibit A. SECTION 2: The Mayor is hereby authorized to affix his signature as Mayor to Exhibit A for the uses and purposes therein set forth. SECTION 3: All Ordinance or parts thereof in conflict with the terms and provisions hereof are hereby repealed to the extent of such conflict. SECTION 4: This Ordinance shall be published in pamphlet form by and under the authority-of-the corporate authorities of the City of McHenry, McHenry Count Illinois and � Y Y� Y Y� shall be recorded with the McHenry County Recorder's Office. SECTION 5: This Ordinance shall be in full force and effect from and after its passage, approval, and publication in pamphlet form as provided by law. APPROVED AND ADOPTED THIS 30TH DAY OF APRIL 2018. Voting Aye: Condon, Schaefer, Curry, Devine, Mihevc, Santi, Glab Voting Nay: None Absent: None M or ATTEST: Deputy Clerk EXHIBIT A REAL ESTATE SALES AGREEMENT REAL ESTATE SALE AGREEMENT -Orl This Sale Agreement ("Agreement") is made as of the ,;(L day of April, 2018 between Casey J. Johnson, P.O. Box 11, Colstrip, MT 59323 ("Seller") and the City of McHenry, an Illinois municipal corporation ("Buyer"). RECITALS Whereas, Buyer desires to purchase and Seller desires to sell certain real property consisting of approximately 2 adjacent vacant lots commonly known as 4505 and 4509 Home Avenue, McHenry, McHenry County, Illinois, identified as permanent index numbers 09-27-404- 005 and 09-27-404-006, all legally described on the attached Exhibit A (collectively, "Subject Property"), Now, therefore, in consideration of this covenants and agreements made herein, the adequacy and sufficiency of which the parties agree they have received, Seller and Buyer agree as follows: 1. Sale of Property: Seller agrees to sell to Buyer, and Buyer agrees to buy from Seller, the Subject Property for a total purchase price of thirty five thousand two hundred dollars $35,200.00 on the Closing Date. This purchase price shall be paid at the Closing. 2. Conditions to Closing: The obligations of Buyer ("Buyer's Conditions") to close under this Agreement are contingent upon each of the following: 2.1 Rppresentations and Warranties: The representations and warranties of Seller contained in this Agreement must be true now and on the Closing Date as if made on the Closing Date. 2.2 Title and Survey: Title and survey shall have been found acceptable, or been made acceptable, in accordance with the requirements and terms herein, 23 Buyer's Termination: At any time during the Due Diligence Period defused in Section 7.1, the Buyer has the unilateral right to terminate the Agreement, at no cost. 3. Closin : Subject to compliance by the parties hereto with their respective obligations to be performed at or prior to the Closing and satisfaction of the respective conditions precedent to the obligations of Buyer and Seller to consummate the transaction contemplated hereby, consummation of the sale of the Property by Seller to Buyer under this Agreement ("Closing") shall occur on or after May 7, 2018, but not later than June 15, 2018, as agreed between the parties ("Closing Date" or "Date of Closing"). The Closing shall take place at a location designated by Buyer. Seller agrees to deliver possession of the Property to Buyer on the Closing Date. 3.1 Seller's Closing Documents: On the Closing Date, Seller shall execute and deliver to Buyer the following (collectively, "Seller's Closing Documents"), all in form and content reasonably satisfactory to Buyer: 3.1.1 Deed: Warranty Deed from Seller conveying the Subject Property to Buyer, or Buyer's nominee, free and clear of all encumbrances, except the Permitted Encumbrances hereafter defined. 3.1.2 FIRPTA Affidavit: A non -foreign affidavit, properly executed, containing such information as is required by Internal Revenue Code Section 1445(b)(2) and its regulations. 3.1.3 Affidavit of Title: A Seller's Affidavit of Title in customary form. 3.1.4 Transfer Tax: Completed declarations or statements, executed by or on behalf of Seller, in the form prescribed by governmental authorities to be filed in connection with the transfer tax imposed by governmental authority on transfer of title. 3.1.5 Other Documents: All other documents contemplated by this Agreement or reasonably determined by Buyer to be necessary to transfer the Property to Buyer free and clear of all encumbrances. 3.2 Buyer's Closing Documents: On the Closing Date, Buyer will pay to Seller the funds representing the Purchase Price due and payable on Closing. 4. Prorations: Seller and Buyer agree that the Purchase Price reflects any prorations and other allocations of costs regarding this Agreement and that no other credits by Seller will be given, provided that each of the parties will pay its own attorneys' fees. 5. Title Examination: Title Examination will be conducted as follows: 5.1 Seller's Title Evidence: Buyer may, at its cost, obtain title evidence and/or a commitment for title insurance issued by a title company of its choosing (the "Title Evidence"). 5.2 Buyer's Objections: Buyer may make written objections ("Objections") to the form and/or contents ofthe Title Evidence. Any matter shown on such Title Evidence and not objected to by Buyer shall be a "Permitted Encumbrance" hereunder. Seller will have seven (7) days after receipt of the Objections to cure the Objections, during which period the Closing will be postponed, if necessary. Seller shall use his best efforts to correct any Objections. To the extent an Objection can be satisfied by the payment of money, Buyer shall have the right to apply a portion of the cash payable to Seller at the Closing to the satisfaction of such Objection, and the amount so applied shall reduce the amount of the Purchase Price payable to Seller at the Closing. If the Objections are not cured within such 7-day period, Buyer will have the option to do any of the following: 5.2.1 Terminate this Agreement. 5.2.2 Withhold from the Purchase Price an amount which, in the reasonable judgment of Buyer, is sufficient to assure cure of the Objections, including interest and penalties. Any amount so withheld will be placed in escrow with Buyer's attorney, pending such cure. If Seller does not cure such Objections within seven (7) days after such escrow 2 is established, Buyer may then cure such Objections and charge the costs against the escrowed amount. 5.2.3 Waive the objections and proceed to close. 6. Due Diligence and Approval Period: The inspection of the Real Property will be conducted as :Follows: 6.1 Due Diligence and Approval Period: Buyer's obligations under this Agreement are subject to Buyer's review and approval of the Property, its suitability for Buyer's intended use and the conditions of Closing detailed in Section 3, above. Accordingly, Buyer shall have through the Date of Closing ("Due Diligence Period") within which to determine the feasibility of the Property for Buyer's intended use. During the Due Diligence Period, Buyer may at any time, in its sole and absolute discretion, determine that the Property is not feasible for Buyer's intended use. In such event, Buyer may notify Seller in writing that it does not intend to proceed with this Agreement by simply stating in writing that it is terminating and voiding the Agreement ("Notice to Terminate"). Upon giving Notice to Terminate as a result of the Property not being deemed feasible by Buyer for its intended use on or before the end of the Due Diligence Period, this Agreement will terminate and become null and void and be of no further force and effect, with no costs being assessed against Buyer. 6.2 Records: Seller shall provide to Buyer and Buyer's agents within five (5) days after the Effective Date of this Agreement without charge, originals or true copies of the following, if in Seller's possession: title policies, real estate taxes, assessments, environmental reports, and all existing surveys in Seller's possession affecting the Property. 6.3 Survey: Buyer may obtain a survey of the Property at its own costs and Seller shall permit Buyer's agents to enter the Subject Property to accomplish the same. 6.4 Costs: Except as otherwise provided herein, Buyer shall pay all costs and expenses of Buyer's investigation and testing of the Property, shall restore the Property to its condition prior to Buyer's investigation of the Property, and shall hold Seller and the Property harmless from all costs and liabilities to the proportional extent resulting from Buyer's activities. Notwithstanding anything to the contrary in this Agreement, Seller's representations under the following section 6.5 will survive Closing or termination of this Agreement. 6.5 Representations by Seller: Seller hereby represents and warrants to Buyer, individually, as follows: 6.5.1 Seller is the legal title owner of the Property. 6.5.2 Seller has the authority and the legal right to make, deliver and perform this Agreement, and has taken all necessary actions and obtained all required consents and approvals to authorize the execution, delivery and performance of this Agreement. 3 6.5.3 The execution, delivery and performance of this Agreement is not prohibited by any requirement of law or tinder any contractual obligation of Seller, will not result in a breach or default under any agreement to which Seller is a party or is bound, and will not violate any restriction, court order or agreement to which Seller is subject. 6.5A Seller has granted no leases, licenses or other rights to use and occupy the Property, and Seller has no actual knowledge of any persons (other than Seller) in possession or occupancy of the Property. 6.5.5 Seller has received no written notice of any pending or threatened litigation or proceedings (including eminent domain or similar proceedings), with respect to the use, condition, or operation of the Property. 6.5.6 Seller has no Imowledge of and has received no notice of any material violations of laws, ordinances, regulations or claims with respect to any environmental, building, fire, health, safety or other condition of the Property which have not been heretofore fully disclosed. Seller makes no such representation or warranties regarding Buyer's intended use of the Property. 6.5.7 Seller has no knowledge of the past or present presence in, on or under the Property of any material or substance defined as a "hazardous waste" under RCRA, as a "hazardous substance" under CERCLA, petroleum or asbestos. 6.5.8 During the period from the Execution Date to and including the Closing Date, Seller shall not, without the prior consent of Buyer in each instance, enter into any lease, concession agreement, encumbrance, license agreement or other agreement relating to the Property which will survive Closing. 6.5.9 Prior to Closing, Seller will use reasonable efforts to manage the Property in accordance with Seller's customary practices, except with respect to actions otherwise contemplated by this Agreement. Seller will keep the Property free and clear of all liens, claims and demands, including mechanic's liens, in connection with work performed on the Property or any part thereof and materials provided in connection with such work, where such work was performed or contracted for or such materials were provided or contracted for on or before the Closing Date. 6.5.10 The Subject Property consists of approximately 2 adjacent lots of land and directly abuts one or more public ways or streets. 6.5.11 To Seller's knowledge, the information included in all documents to be delivered to Buyer shall be true, correct and complete in all material respects, and the same shall not omit any material information required to make the submission thereof fair and complete. 6.5.12 To Seller's knowledge there are no claims, causes of action or other litigation or proceedings pending or threatened in respect to the ownership, operation or environmental condition of the Property or any part thereof. M 6.5.13 To the best of Seller's knowledge, there is no pending, contemplated., threatened or anticipated (i) condemnation of any part of the Property, (ii) widening, change of grade or limitation on use of streets, roads or highways abutting the Property, (iii) special tax or assessment or other property charge levied or to be levied against the Property, (iv) change in the zoning classification of the Property, or (v) change in the tax assessment of the Property. 6.5.14 To Seller's knowledge, Seller has not violated, with respect to or upon the Property, any applicable environmental law, regulation, ordinance or order of any government entity, including, without limitation, the comprehensive Envirorunental Response, Compensation and Liability Act of 1980, as amended, the Resource Conservation and Recovery Act of 1976, as amended, the Federal Clean Water Act, as amended, the Federal Clean Air Act, as amended, and any Federal toxic Substances Control Act, as amended, and any regulations promulgated thereunder, or any other federal, state or local laws relating to contamination of or adverse effects on the environment, and, to the best of Seller's knowledge, neither the Property nor any underlying groundwater contains any concentrations of regulated substances hazardous substances, petroleum, hazardous materials, toxic substances, or similar substances, residues, and wastes, including, without limitation, any asbestos (collectively "Hazardous Materials"). Seller has not disposed of, released or spilled Hazardous Materials upon the real estate, caused or suffered any Hazardous Materials to be deposited upon or to migrate onto the Property. To the best of Seller's knowledge Seller represents and warrants to Buyer that no underground storage tanks are currently, located on or underlying the Property. 6.5.15 To the best of Seller's knowledge, all gas, electricity and telephone/cable utilities adequate for the Seller's use of the Property are supplied directly to the Property by facilities of the public or governmental utilities. Seller makes no representation with respect to the zoning ofthe Property or the legality of Buyer to use the Property for its intended use. To the extent that Buyer has discovered anything or should have discovered anything during its due diligence for the inspection period, Seller shall not be responsible for such matters and Buyer's only remedy shall be to cancel the Agreement. 6.5.16 Seller has not received any notice from any insurance company, inspector or rating bureau making requirements as a condition to the continuation of insurance on or with respect to the Property. 7. Broker's Commission: Buyer and Seller each represent and warrant that no broker is or was involved in this transaction. Seller and Buyer agree to indemnify and hold each other harmless from all claims, damages, costs or expenses of or for any other such fees or commissions resulting from their actions or agreements regarding the execution or performance of this Agreement, and will pay all costs of defending any action or lawsuit brought to recover any such fees or commissions incurred by the other party, including reasonable attorneys' fees. 8. Survival: All of the terms of this Agreement and warranties and representations herein contained shall survive and be enforceable for a period of one year after the Closing. 9. Notices: Any notice required or permitted hereunder shall be in writing and shall be deemed. properly served: (i) on the date delivered if delivered by personal delivery upon an authorized representative of a party hereto; or (R) upon receipt or rejection by the addressee if mailed by United States registered or certified mail, return receipt requested, postage prepaid; or (iii) on the date sent if transmitted by facsimile with copy followed by mailed notice; or (iv) on the date delivered if deposited cost paid with a nationally recognized, reputable overnight courier, properly addressed as follows: If to Buyer: City of McHenry Attention: City Administrator 333 S. Green Street McHenry, IL 60050 If to Seller: Casey J. Johnson P.O. Box 11 Colstrip, MT 59323 Any party may change its address for the service of notice by giving notice of such change five (5) days prior to the effective date of such change. Notice to the party's attorney in accordance with this Section 9 shall be deemed adequate notice to the party. 10. Miscellaneous: The paragraph headings or captions appearing in this Agreement are for convenience only, are not a part of this Agreement, and are not to be considered in interpreting this Agreement. This written Agreement constitutes the complete agreement between the parties and supersedes any prior oral or written agreements between the parties regarding the Subject Property. This Agreement can only be modified by a writing signed by all parties. This Agreement binds and benefits the parties and their successors and assigns. This Agreement has been made under the laws of the State of Illinois, and such laws will control its interpretation. 11. Remedies: If there is a material default by the Buyer under the Agreement, and such default continues for more than five (5) business days after Seller provides Buyer with written notice of default, Seller may terminate this Agreement by giving written notice of termination to the Buyer. If there is a material default by the Seller under the Agreement, and such default continues for more than five (5) business days after Buyer provides Seller written notice of default, Buyer may terminate this Agreement by giving written notice of termination to the Seller. Buyer shall also have the option to enforce specific performance and obtain injunctive relief against the Seller to enforce the terms of the Agreement. Seller and Buyer hereby submit to the jurisdiction of McHenry County, Illinois and the Federal Circuit Courts of the Northern District of Illinois, as applicable. 12. No Partnership, Third Person: It is not intended by this Agreement to, and nothing contained in this Agreement shall, create any partnership, joint venture or other business arrangement between Seller and Buyer. No tern or provision of this Agreement is intended to benefit any person or entity not a party hereto (including, without limitation, any broker), and no such other person or entity shall have any right or cause of action hereunder. 0 t 13.1'STo waiver: No failure by Seller or Buyer to insist upon the strict performance of any covenant, duty, agreement or condition of this Agreement, or to exercise any right or remedy upon a breach thereof, will constitute a waiver thereof Any party hereto, by notice to the other party, may, but wil l be under no obligation to, waive any of its rights or any conditions to its obligations hereunder, or any duty, obligation or covenant of the other party hereto. No waiver will affect or alter any other covenant, agreement, term or condition of this Agreement, all of which shall continue in full force and effect. 14. Time of Performance: `rime is of the essence of -this Agreement. if the date for performance of any obligation hereunder or the last day of any time period provided for herein shall fall on a Saturday, Sunday or legal holiday, then said date for performance or. time period shall expire on the next business day which is not a Saturday, Sunday or legal holiday. Except as may otherwise be set forth herein, any perfonnance provided for herein shall be timely made and completed if made and completed no later than 5.00 P.M. (Central Standard. 'Time) on the day for ped"Ormance. 15. Counter -Part Signatures: This Agreement may be executed in any number of counter -parts, each of which counter -parts, when executed and delivered, shall be deemed to be an original and all of which counter -parts, taken together, shall constitute one in the same instrument. Seller and Buyer have executed this Agreement effective as of the date first written alcove. ]E'ER: City of McHenry Wayn&.cell, Vayof SELLERI :� l �� Case}_J`. Jolty son Z;15 rdvIcHenryCityot\JohnsonCaeylPtirchaseAgreement,Casey fohnson.docx Legal Description - Vander'stapges:.: lJ" PLAT OF S ll Y, � 1 . . , .... • - ' Lof• 76 and 17 b 61od]7 ti LvkdmdShx.., Unit Nat, b•Hg .... . SubtllVulm of pork of Saadon 27, TDvh•hip {8 North, Rmga Et o[ the Thlyd PMotpd NrMon, oeoerdinq to the Plot Ihereot naudrd Neve:nbar 21. 1887 ae Oooumani Na 331763 In Book 13 of MI, peg{ 46, in HcNvey County, Illinole. i '. .. :.: .. PMID z .:.^ .. . .. 0.615 AL'flE6 .-' BLOCK : LOT :57::' 'R. J : g; d W ALL 'k LOT. .. :,.:. 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No. me n Rental Housing Support Program (RHSP) State Surcharge Exemption Declaration Illinois law (55 ILCS 5/3-5018) requires that the Recorder collect a Rental Housing Support Program State surcharge for the recordation of any real estate -related document unless- the entity recording the document is any State agency, any unit of local government or any school district. ❑ By checking this box and affixing my signature below, I hereby claim that the entity recording this document is a State agency, a unit of local government or a school district and thus claiming to be exempt from the Rental Housing Support Program State surcharge. Name of Stag agency, unit of local government or schQ(l district recording this document (Please Print) Name of person presenting this declaration (Please Print) t Signature of person presenting this declaration bate RHSP Exemption Declaration Form 20170327-1.docx