HomeMy WebLinkAbout34067 / 86-252. _
August 21, 1986
(CARRIED
PURPOSE:
INITIATED BY:
LOST
R E V I S E D
I/252 RESOLUTION
LAID OVER WITHDRAWAN )
AUTHORIZE SALE OF INDUSTRIAL LAND/FENESTRA CORPORATION
CITY ADMINISTRATION
WHEREAS, Chamco, Inc. and Fenestra Corporation have negotiated the
sale of 8.0955 acres of industrial park land in the Southwest Industrial Park
at a purchase price of $75,000.00 pursuant to the provisions of an agreement
between the City of Oshkosh and Chamco, Inc., and
WHEREAS, to facilitate the sale of said land, the following terms and
conditions need to be met:
(a) No initial downpayment;
(b) Payments to the City will run parallel with payments
made by Fenestra to Chamco and will be based on level
principal over a 5-year period;
(c) The interest rate will be adjusted quarterly and shall
be 2% below the prime rate as established by First National
Bank of Chicago on the closing date;
(d) The City will receive a mortgage from Fenestra Corporation
in parity with Chamco and the Wisconsin Public Service
Corporation who is also providing additional monies to
consummate this transaction.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh
that the sale of 8.0955 acres of industrial park land as shown in the attached
survey is hereby approved upon the foregoing terms and conditions and that the
proper City officials are directed�and authorized to execute such documents as
may be necessary to effect the sale of said premises.
SUBNITTED BY
APPfi0VE1Y / � � �i�lrya�
- 13 -
suav�v
r uii
CIIIA,MCO, INC.
RESOLUTION #252
si�eei i �,F 2
Yart of the SP; of the NVAa of Sectinn 33, T.1l7N., R.1liE., 13tlt W,md, City u� OshY.ush, Winne-
6a9u County, Wisconsin.
I, Steven T. Chronis, 4lisconsin I?eyistered Land Surveyor of llero-Metric Engineerin9, Inc.,
certify that I have surveyeA the property described nn $heet Z of 2 and that the niap shnwn
heinw is a true and accurate representation thereof to Che best of my knowleAge ,md Lelief.
�
O
4
O
m'
��
63.33
A
b
C
SF/ NW
w
0
O 6'
�n
0
O
�,
�
I
�
66
C
Z
C
m
8.0955 Acres x I*o ": Aif,
w.a.s. co.a. �..•...a.m� u.r x�o_ °' ��—
e....,,.i ..�o,a.e i. voi, �ori m
vo. saa \
_ _ �_ _ _ �__,�,� —
w. v s, co.a. r.o...;..m. u.. z p
Eu��mul i�aoiOiO /n Va/ i0!) � Q
PY. 1/Y
NE/SW \,+a N-
N, B9°-09�
S. B9 °-09 �-?) �E.
— L[B(ND —
o. , •, r. • „u. .,.. ..,
�. i "i.a. iii• ia..♦
� W/��11/00 CO��// Iii�/II/ YOnun��/
E. n�...iuro. u.� ��i�
sc�an i'. �oo'
�uours .. isu
AERO�METHIC lNGINEEPING. Irvc.
PHOTOGfiAMMETRIC ENGINEERS
LhND SIIRVEYORS
SMEBOVGRN, WISCONSIN
633. 39 �
698. B9�
`\���\O��IG II�Y1111�';.),�i �G
\ .1 I tl . J.
..j N
'` srrvrN r,
S°�" CIIi1��fJ19
= o,i�{
°_ Nfliv;,ii
% i WiacGnSW :j�='
�/j0 4 �J //�/�"�•%p�lllBlll IIIIIIR1110U`
/�_'%��`h/ /. (. !/��tr��-�-e
WIS.REGISTERED LAND SURVEYOR 5-0913
NOTEBOOK P4GE
- 13a -
�
�m
mo
# :.
yo
�a
n:
iT
O�
Oi
9�
�i
4�
��N
�
4
ZT
uy
n�
m '
:
i I
� I
•r"w. I
�n' ����
6�6. \
Z \ \
O ,
I
6I6
T/BN,N /6E.
3
L- 14 ]9
� ,
i
RADIUS � = 470.20'�
CHORD LENGTfI = 209,G7'
CIIORD BEARING = 5.72°-37'-5F3"E.
CENTRAL 11NGLE �= 25°-45'-56"
ARC = 211.45'
TANGEMT BEARING = N,00°-15'-00"E.
TANGENT �EARINf = 5.25°-30'-56"E.
z
396.G7' —
150,U5'
5.14°-33'-15.5"E.
21°-55'_21"
151./7'
N.25"-30'-56"W.
S.U3°-35'-35°E.
�FSCRIPTION
RESOLUTION #252
Sheet 2 of 2
A part of the Southeast Quarter (SE';) of Che Northwest Quarter (NW';) and the fJorth�
east Quarter (NE;) of the Suuthwest quarter (SW';) of Section Thirty-three (33j, Town-
ship Eighteen (16) North, Range Sixteen (16) East, Thirteenth (13th) Ward, City of OsVr
kosh, Winne�ago County, Wisconsin containiny f3.0955 acres of land ancf beinq described
by: Conxnencinq at the center of said Section 33; Lhencc N.fl9°-09'-45°W. 170.47 feet,
alony the north 7ine of the SW!;; of said Section 33 to its intersection with the westerly
line of Universal �rive and beiny the true point of beginning; runniny thence 5.25°-
3D'-56"E. 744.26 feet, alon9 the westerly line of Universal Drive; Chence southerly
751.77 feet, along the arc of a curve to the ri9ht bein9 the westerly line of Universal
Orive having a radius of 396.61 fcet and the chord of which hears 5.14°-33'-iS.S' E.
150.II5 fee2; thenGe N.J9°-09'-27"W. u33.3A feal; cfrenee fJ.00°-15'-ii0°E. 700.O0 feet;
thence S.II9°-45'-00"E. 400.00 feet, to a point on the westerly line of Universal Grive;
thence 5.00°-15'-00"W. 49.65 feet, alon9 the west 7ine of Universat Drive; thence South-
erly 211.45 feet, along the arc of a curve to the 7eft beiny the �iesterly line nf Uni-
versal Drive having a raAius of 470,20 feet �nd the chorA of ��hich bears 5.12°-37'-SU"E.
709.67 feet; thence 5.25°-30'-56°E. 196.76 feet, along the westerly line of Univers�l
Drive to tne true point of beginning.
The afore described being subject to an electric tranvnission line easement to the
Wisconsin Pu61ic Service CorporaCion recorded in Volume 1037 on paye 41) and Volume
1U51 on pa9e 635.
- 13b -
L-1479
1
i
i
i
c-� n
.-• c
c'F
�G C
N
C7 c-F
f0 N
�
F �
i� ,
. ,�
��
rn
�3 �n
Do oc
7J � Z c+
,� .-i 'O �
�-+ O O O
m z � -5
O • • O� �•
•• c+ N
�" N
D O � cn
<o a
m v .-
N � �
0
V �
�
d
C
Cf
H
a
r
a
3
d
T
N
�
�
cF
Z
a
�
�
�
�
N
Ul
N
�
�
«, $