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HomeMy WebLinkAbout34624 / 87-313 October 15, 1987 #3i3 RESOLUTION (CARRIED LOST LAID OVER WITHDRAWN ) PURPOSE: APPROVE DEVELOPER AGREEME�lT INITIATED BY: DEPARTMENT OF PUBLIC WORKS BE IT RESOLVED by the Common Council of the City of Oshkosh that the attached Developer Agreement with Garry H. Decker, Cheryl Decker and Geraldine Dodge for the Third Portion of Orchard Lane Estates Plat (Blossom Court) is hereby approved and the proper City officials are hereby authorized and directed to enter into said agreement. SU°RfITTED BY A?PFOVz'.dY � ��1�^���__ _ Z� _ � � Res. #313 DEVELOPER �S ACAEEMENT FOR FINANCING IMPROYEMENTS THIS AGREEMENT is made pursuant to Sectio❑ 66.60( 18) of the Wisco�sin Statutes providing for levying and assessing the cost of various improveme�ts to the property herein described . WHEREAS� the Common Council of the City of Oshkosh approved i�itial and final resolutions pursuant to Section 66.60 of the Wisconsin Statutes upon execution a�d approval of a waiver, executetl by the undersigned , owner of property herein described , of special assessment ❑otices and hearing ; and WHEAEAS, the undersigned owner has heretofore agreed , in consideratio� 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� antl 25-69 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 October 14 , 1987 , authorizetl antl directetl the proper City officials to enter into an appropriate agreement with the undersigned owner to provide for full payment by the untlersigned owner of said improveme�ts and related costs; NOW, THEAEFORE� IT IS HEREBY ACREED to by and between the City of Oshkosh , a municipal corporatio� located in WinneDago County, Wisconsin ("CZTY") and Garry H. Decker, Cheryl Decker, and Geraldine Dodge ("OWNER^) , in reliance on the representation and covenants made herein, as follous: 1 . Owner covena�ts and warrants that it is the owner of al l property described as follovs: Third Portian of OACHARD LANE ESTATES PLAT 2. Owner has requested installation by City of various improvements to saitl property described as follows : E�gineering Services : Sanitary Sewer - Lots 14 ,15 ,16 �17 Water Main - Lots 14 �15 , 16 , 17 Laterals - Lots 14 , 15 , 16 , 17 ,18 �19 ,20 ,21 ,22 ,23 Grading & Graveling- Lots 14-23 ( 10 lots) Concrete Paving - Lots 14-23 ( 10 lots) - 27a - 1 Res. #313 3• City , or its designee, shall cause such improvements to be installed according to the plans and specifications of the City Engi�eer. 4. Special assessments may be paid by Owner in cash, or in installments pursuant to Sectio❑ 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. Owner is installing pursuant to authorization of the City, sanitary sewer, water main laterals and storm sewer. 5. The attached exhibits, acknowledged by City and Owner as being true and correct, are incorporated by reference as if fully stated herein . EXHIBIT ^A^ - Waiver of Special Assessment Notices and Hearing under Sectio❑ 66 .60 , Wisconsin Statutes (NOTE: In the event Owner desires to install a portion of the various improvements on its own, as outli�ed in the above exhibits, Owner antl City , having specific Common Council authority to do so , hereby affirm and mutually agree to such terms as contained in said exhibits providing for developer-installed improvements . ) 6. Owner, immetliately upon voluntary divestiture of title to any of the property heretofore deseribed , shall fully pay the outstanding assessments against the particular parcel subject to tlivestiture. Divestiture shall mean the transfer of legal title providing owner does not retain any lien or mortgage i�terest 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 uithin one ( 1) year from the date of the la�d contract. 7. Any refund uhich may be due Owner as a result of any special assessment being in excess of the aetual amount paid by City for saitl improvements is assignable by Owner . - 27b - 2 Res. H313 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 . D a t e d : --------------' 19 87 . . In the Presence of: ______________________________ ____ ___________________ ( Witness) Garry H . Decker ______________________________ ____y_ __________________ (Witness) Cher 1 Decker ________________________________ Geraldine Dodge CITY OF OSHKOSH , a municipal corporation _________'_____'______________ By'___________ � Witness) William D . Frueh , City Manager ______________________________ And :__________________ ___________ Witness) Donna C . Serwas , City Clerk STATE OF WISCONSIN ) ) SS. WINNEBAGO COUNTY ) Personally came before me this day of 1987 , the above-named Garry H. Decker and Cheryl Decker, to me known to be the persons who executed the foregoing instrument and acknow- ledged that they executed the foregoing instrument. Notary Public , Winnebago Co . , Wis . My Commission : ___________________ STATE OF WISCONSIN ) ) 55. WINNEBAGO COUNTY ) Personally came before me this _day of 1987 , the above-named Geraldine Dodge� to me known to be the —� persons 3 - z�� - , _ Res. �311 who executetl the foregoing instrument and acknovledged that they executed the foregoing instrument. __________________________________ Notary Public , Winnebago Co . , Wis . My Commission : ___________________ STATE OF WISCONSIN ) ) SS . WINNEBAGO COUNTY ) Personally came before me this day of � 1987 , the above-nametl William D. Frueh, City Manager and Donna C. Seruas, City Clerk of the City of Oshkosh, a municipal corporation, to me k�own to be the persons who executed the foregoing instrument, and to me know❑ to be such officers of said corporation, antl acknow- ledged that they executetl the foregoing instrume�t as such officers as the deed of said Corporation, by its authority. Notary Public , Winnebago Co . � Wis . My Commission : _____________________ Approved as to Form and Execution _________________________________ Warren P . Kraft , Asst .City Attorney This document drafted by : Attorney John W. Pence City Attorney Oshkosh , WI 54901 - 27d - 4 E 0 O m i� � C N N i+ E �O vi� U N C L W � � 6 N f c �i L J � M N I� �O f d W � M O O O� � L .- 1- v� ik N �O d N > t O T C N V lP O Q O � t � Q 0 �++ v�. L .. o v z w O4� � O � O L i O � 2' a � i� H � 0 QO V OQ 2' QU O EU