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HomeMy WebLinkAboutSecond Addition to Flora Kuhn Krueger Plat 1989 e617 e/e AMENDMENT TO DEVELOPER'S AGREEMENT FOR FINANCING IMPROVEMENTS THIS AMENDMENT is made pursuant to Sec. 66. 60 (18) , Wis. Stats. , to a certain developer's agreement between the City of Oshkosh and Elva Ida Hintz and Shirley Mae Juedes, recorded at 8 : 22 a.m. on May 18 , 1989, in the Winnebago County Register of Deeds on Vol. 154-C of Lis Pendens at page "0" as document number 722458 . WHEREAS, the legal description, contained in the foregoing agreement erroneously excluded ten lots within the subdivision; and WHEREAS, the parties to the above agreement intended to include those lots, thereby requiring this amendment be executed; NOW, THEREFORE, IT IS HEREBY AGREED that the foregoing developer's agreement is amended, in all respects and including exhibits attached thereto, to affect the following described property: SECOND ADDITION TO FLORA KUHN KRUEGER PLAT (Lots 39-60) and that the balance of said agreement shall remain in full force and effect, and is fully incorporated hereing by reference. IN WITNESS WHEREOF, the parties have caused this Amendment to be signed by the proper persons of each party and their corporate seals, if any, to be hereunto affixed. Dated: June X67 , 1989 OWNERS CITY OF;%OSHKOSH Elva I•a Hintz William D. Frueh, city manager iI / d (I1Tii) if2) irley M- - Juedes Donna C. Serwas, city clerk ci (Places for notary public on next page) 1 STATE OF WISCONSIN ) SS . WINNEBAGO COUNTY ) Personally came before me this -(0-4 day of June, 1989, the above-named Elva Ida Hintz, to me known to be the person who executed the foregoing instrument and acknowledged th same. b. Notary P blic, Winn ago ,Co. , WI My Commission: QvPire5 .D1Q3/ 9z_ STATE OF WISCONSIN ) SS. WINNEBAGO COUNTY ) Personally came before me this a `-i: day of ltkn Q , 1989 , the above- named Shirley Mae Juedes, to me known to be the person who executed the foregoing instrument and ackno ledged the sa e. Notary Pub`1ic, Winneba o Co. WI My Commission: ,expires __,V,D 9� STATE OF WISCONSIN ) SS. WINNEBAGO COUNTY ) r Personally came before me this e k ` day of ( ' „ , 1989 , the above-named William D. Frueh, City Manager a f Don C. Serwas, City Clerk of the City of Oshkosh, a muni pal corporation, to me known to be the persons who executed the foregoing instrument, and to me known to be such officers of said corporation, and acknowledged that they executed the foregoing instrument as such officers 'as .\the deed of said Corporation, by its authority. (- 11-)U1 ._ . ida:\..tr,,,,, Notary Public, Winnebago , WI My Commission: ' -`-i- tg1t) Appr. ed as o Farm nd Execution Nt 1. Wa ren P. Kraft, • ss . City Attorney This document drafted by: Attorney John W. Pence, City Attorney Oshkosh, WI 54901 2 /A f'. DEVELOPER ' S AGREEMENT -5—_ >-C J FOR FINANCING IMPROVEMENTS THIS AGREEMENT is made pursuant to Section 66.60( 18) of the Wisconsin Statutes providing for levying and assessing the cost of various improvements to the property herein described . WHEREAS, the Common Council of the City of Oshkosh approved initial and final resolutions pursuant to Section 66.60 of the Wisconsin Statutes upon execution and approval of a waiver, executed by the undersigned , owner of property herein described , of special assessment notices and hearing ; and WHEREAS, the undersigned owner has heretofore agreed , in consideration of installation of various improvements , to pay the full cost of such improvements and related costs through special assessment financing pursuant to Section 25-83 and 25-89 of the Oshkosh Municipal Code upon certification by the City Engineer for the City of Oshkosh that said improvements have been completed ; and WHEREAS, the Common Council of the City of Oshkosh by resolu- tion adopted May 4 , 1989 , authorized and directed the proper City officials to enter into an appropriate agreement with the under- signed owner to provide for full payment by the undersigned owner of said improvements and related costs; NOW, THEREFORE, IT IS HEREBY AGREED to by and between the City of Oshkosh , a municipal corporation located in Winnebago County, Wisconsin ("CITY") and ELVA IDA HINTZ AND SHIRLEY MAE JUEDES, ("OWNER") , in reliance on the representation and covenants made herein, as follows: 1 . Owner covenants and warrants that it is the owner of all property described as follows : SECOND ADDITION TO FLORA KUHN KRUEGER PLAT ( Lots 49-60) 2. Owner has requested installation by City of various improvements to said property described as follows : Sanitary Sewer Grading & Graveling Sanitary & Water Laterals Concrete paving Water Main Concrete Sidewalk Storm Sewer Engineering Services 3. City , or its designee , shall cause such improvements to be installed according to the plans and specifications of the City Engineer . 4. Special assessments may be paid by Owner in cash , or in installments pursuant to Section 25-83 and 25-89 of the Oshkosh Municipal Code in which case such deferred payments are to bear interest at the rate of ten percent ( 10%) per annum on the unpaid balance . 1 5. The attached exhibit , acknowledged by City and Owner as being true and correct, is incorporated by reference as if fully stated herein . EXHIBIT "A" - Waiver of Special Assessment Notices and Hearing under Section 66 .60 , Wisconsin Statutes 6. Owner, immediately upon voluntary divestiture of title to any of the property heretofore described , shall fully pay the outstanding assessments against the particular parcel subject to divestiture. Divestiture shall mean the transfer of legal title providing owner does not retain any lien or mortgage interest in such parcel . In the event owner retains a lien or mortgage interest in such parcel , the assessments shall be paid in full within one ( 1) year from the date of sale. In the event owner sells by land contract , the assessments shall be paid in full within one ( 1) year from the date of the land contract. 7. Any refund which may be due Owner as a result of any special assessment being in excess of the actual amount paid by City for said improvements is assignable by Owner . 8. This Agreement and its attachments , may be recorded at City's option and if so done , shall serve as Notice of Lien against such properties . IN WITNESS WHEREOF , the parties heretofore have caused this Agreement to be signed by the proper persons of each party and their corporate seals , if any , to be hereunto affixed . Dated : -- ' 1989 . In the Presence of: ( Witness) Elva da/Hintz (Witness ) Shirley -Mae Juedes CITY OF OS ' OSH , a municipal corporation By: / 1 4 (Witness) William D . Frueh , City Manager 42LUZLI) y (Witness) Donna C . Serwas , City Clerk (Places for notary public on ff. page) 2 STATE OF WISCONSIN ) ) SS. WINNEBAGO COUNTY ) Personally came before me this _J day of 7 -- , 1989 , the above-named ELVA IDA HINTZ to me known to be the person who executed the foregoing instrument and acknowledged that she executed the foregoing instrument. } Notary Public , Wi ne,bago Co . , Wis . My Commission : /2 1J__, STATE OF WISCONSIN ) SS. WINNEBAGO COUNTY ) Personally came before me this / ) day of Me2 , 1989 , the above-named Shirley Mae Juedes to me known to be the person who executed the foregoing instrument and acknowledged that she executed the foregoing instrument . Notary Public , Wi ago Co . , WI My Commission : _..22 Z-)-- STATE OF WISCONSIN ) SS . WINNEBAGO COUNTY ) Personally came before me this 4 day of nd , 1989 , the above-named William D. Frueh, City Manager and onna C . Serwas , City Clerk of the City of Oshkosh, a municipal corporation , to me known to be the persons who executed the foregoing instrument, and to me known to be such officers of said corporation, and acknow- ledged that they executed the foregoing instrument as such officers as the deed of said Corporation , by its -uthority. ___ 2_-l `/x- -- -- L ` 7-''fi� =° Notary Public , Winnebago Co . , Wis . My Commission : - l/ -=L `_-_.96) - App oved as to Fo m and Execution Warren P . Kraft , Asst .City Attorney This document drafted by : Attorney John W. Pence , City Attorney , Oshkosh , WI 54901 3 WAIVER OF SPECIAL ASSESSMENT NOTICES AND HEARING UNDER SECTION 66 .60 , WISCONSIN STATUTES The undersigned , owner of property benefited by the following improvements to be made by the city of Oshkosh, Winnebago County, state of Wisconsin , to wit: SANITARY SEWER, WATER MAIN, SANITARY & WATER LATERAL, STORM SEWER GRADING & GRAVELING, CONCRETE PAVING AND CONCRETE SIDEWALK In consideration of the construction of said improvements by the city of Oshkosh, Wisconsin, I hereby admit that such public improve- - ment will benefit said property and consent to the levying of special assessments against the premises under Section 66.60 of the Wisconsin Statutes for the cost of such improvements. In accordance with Section 66.60 (18) of the Wisconsin Statutes , I hereby waive all special assessment notices and hearings required by Section 66.60 of the Wisconsin Statutes; and I further agree and admit that the benefit of my property from the construction of such improvements is in proportion to the footage thereof: Description of Premises SECOND ADDITION TO FLORA KUHN KRUEGER PLAT (LOTS 49 - 60) (22 LOTS) BENEFITS DAMAGES SANITARY SEWER None Construction Cost = $14 ,010 .00 8% Engineering $ 1 ,120 .72 Total Cost= $15 ,130 .72 Cost/Lot= $15 ,130 .72/22= $687 .76 SANITARY & WATER LATERAL None Construction Cost = $510 .00 8% Engineering $40 . 80 Cost/Lot = $550 . 80 WATER MAIN Construction Cost = $15 ,039 . 86 8% Engineering $ 1 ,203 .18 Total Cost = $16 ,243 .04 Cost/Lot = $16 ,243 .04/22= $ 738 .32 „4 ..1 STORM SEWER Assessment is based on frontage at building line plus cost of rear yard drains and storm laterals . Assessment= Frontage Rate + Rear Drains + Storm Laterals = (883 .82+887 .79) 5 + 6 ,575 .58 + 16 (270) = $8,858.05 + $6 ,575 .58 + $4,320 = $19,753 .63 Cost/Lot = $19 ,753 .63/22= $897 . 89 GRADING & GRAVELING • Total Length = 1,004 feet Estimated Construction Cost = $20 ,080 .00 Cost/Lot= $20 ,080/22= $ 912 .73 CONCRETE PAVING Estimated Construction Cost = $60 ,240 Cost/Lot = $60 ,240/22= $ 2 ,738.18 CONCRETE SIDEWALK Estimated Construction Cost= $17 ,006 Cost/Lot = $17 ,006/22= $ 773 .00 Signature of Owners: it ,„', i /74) EL VA IDS HINTZ S L1 MAEJUEDES Date: ?J(1,/ / i9T7 Date: r � A-2 ,,