HomeMy WebLinkAbout33277 / 85-069
April 4, 1985
�� 6 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
PURPOSE: EXTEND OPTION TO PURCHASE CAMPBELL CREEK PROPERTY
INITIATED BY: DEPARTMENT OF COMMUNITY DEVELOPMENT
WHEREAS, Associated Properties, Inc., Milwaukee, Wisconsin, is desirous
of purchasing property owned by the City of Oshkosh, more commonly known as the
Campbell Creek property,
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh,
that the appropriate City officials are hereby authorized to enter into an agree-
ment extending an option to Associated Properties, Inc., Milwaukee, Wisconsin, to
purchase 4.797 acres of property known as the Campbell Creek property, and as
defined in the legal description and plot plan to be provided by the City, subject
to the following terms and conditions:
1. That the City shall retain an easement across said property. The
City shall determine its location and its use, and further retains
the right to install future improvements across said easement.
Associated Properties, Inc. shall maintain the easement.
2. Purchase price shall be $8,000 per acre.
3. The initial term of this option to purchase shall be for a six (6)
month period of time in consideration of the sum of $1,350.00. An
additional term of six (6) months shall be made available for the
further sum of $1,350.00 provided notice to extend the option is
delivered in writing to the City prior to the expiration of the
initial term; such monies shall be applied to the total purchase
price.
4. Subject to easements to public utilities of record and rights of
the public in any submerged portions of the subject premises lying
below the ordinary high water mark of Campbell Creek.
5. This option shall be entered into by both parties on or before the
15th day of August, 1955. Should Associated Properties, Inc., of
Milwaukee fail to enter into the option agreement by said date, the
option shall be null and void.
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Final deed and description be submitted �o,��qpinp,,,ur�}g�by City Council `-
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RESOLUTION # 6
DESCRIPTION OF 1.699 ACRE PARCEL
A part of Government Lot One (1) of Fractional Section Twenty-Three
(23), Township Eighteen (18) North, Range Sixteen (16) East, Sixteenth
(16th) Ward, City of Oshkosh, Winnebago County, Wisconsin containing
1.699 Acres of 7and and being described by: Commencing at the Northeast
corner of the Southwest Quarter (SW',) of the Northwest Quarter (NW;)
of said Section 23; thence N. 89°-39'-05" W. 756.38 feet, along the
South line of said Government Lot 1; thence N. 01°-18'-41" E. 281.63
feet, to the true point of beginning; thencE continue N. 01°-18'-41" E.
239.22 feet; thence S. 87°-37'-47" E. 396.01 feet, to a point on the
Westerly line of North Campbell Road; thence S. 40°-06'-59" E. 30.82
feet, along the Westerly line of North Campbel] Road; ±he^ce S. 51°-
34'-41" W. 285.38 feet; thence S. 56°-37'-23" E. 72.97 feet; thence
N. 85°-57'-09" W. 259.00 feet, to the true point of beginning.
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AND
A part of Government Lot One (1) of Fractional Section Twenty-Three
(23), Township Eighteen (18) North, Range Sixteen (?6) East, Sixteenth
(16th) Ward, City of Oshkosh, Winnebago County, Wisconsin containing
3.098 Acres and being described by: Commencing at the Northeast
corrier of the Southwest Quarter (SW',) of the Northwest Quarter (NW'-;) of
said Section 23; thence N. 89°-39'-05" W. 66.54 feet, along the
South line of the said Government Lot 1 to its intersection with the
Westerly line of North Campbell Road and being the true point of
beginning; thence continue N. 89°-39'-05" W. 689.84 feet, along the
South line of said Government Lot 1; thence N. 01°-18'-41" E, 281.63
feet; thence S. 85°-57'-09" E. 259.00 feet; thence S. 56°-37'-23" E.
212.00 feet; thence S. 77°-27'-18" E. 176.98 feet, to a point on the
Westerly line of Nor±h Campbell Road; thence S. 33°-47'-48" E. 135.26
feet, along the Westerly line of Nor±h Campbel? Road to the true point of
beginning.
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9/21/84
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