HomeMy WebLinkAbout28738 / 77-31( R� v z s� D)
Ma�ch 1Z, 1977 � 31 RESOLt;TIC�N
PURPOS� : EXERCISE UPTT_O�I FOR N�RCY EXTENDED CAT2F CFN'Z'ER
FAC�LITIES FOR HOUSING FOR ELDF�'RLY Z�RO:JEC7'
INITIATFD BY: OSHKOSH HOUSIN� .�JTHC�RITY & COMMUNI�.i'Y DE:VELO]?l�TFN�i'
WHEREAS, the City of Ost?kosh has an G�ptior. to pur_ch�se �he ;�!er.ry
Ext�nded Gare Cer�ter Facilities located. at 517 }3n�d S�re��� Oshkosr�,
��tisconsin, arid morz particul.�.ryy described as :
Lots l, 2, 3, �, 5, b, 7, 8, 9, ld, �7, 29, 3i), 31_ and �_�-�e
Soizt�-i TThc� (2) feet of- Lot 28, �� 1. in ��ock. 57, FOR�iS AUllI`1'TOl�
in the Fourtr� Ward, Ci.t� of as�ikosh, tti�innebago Caunuy, t�1�.sc.c�a�si�-�.
NOVd, THEFZEFO?2:�, BF IT R��OT�VEn by ';.lie Comman Ct�unr,a_1 0� thr� C"�.tyT
of Oshkosh tha-�. the pr��er �i�y t�z�%<,:i� �_s �re h�,3�e�y au; h�r.:i zFzd �zz�<i
c? irected to ex_erc ise the Qpti�an dated D�cerribe.r 27 ,�.97 6� t a purchasr:
price of $17�, 000. 00 f, am -the C?_ty of Oshkosh to P�Ier�y Med�cal C�nt�e:r o
BE IT F'UR��HER RESOLVED �hat trxe proper Ci-�y officia�i.s ar.e 11exFl��y
authorized and directed ta m�ke a down-payment to Mercy r�ed'�ca1 Centz.r
in the amo�a.nt� of $5, OQO. Q0.
BL IT FURTH�� IZESOL��E�) f:h�t the praper City of�icia:Ls �3re ri.��re}��y
a�_ithorized �.�nd directed to �:�ansfer the sum of $1"/5, J00. 0(1 front t���
G�t�r�eral r^und, ?�ccount Na. 310 550, ta the Oshxosh Tlous�pq Au�hoi��_�:y.
i-?or.ey to be rep�.id to -L-he GeneraZ Fu;Ad upon the Oshko:�sh Hou�;.ing
Authorit�.T x�eceiv� ng its gran.F `rom tr�e W�sconsin �-."ta�2s:�ng F_i.nance
Nu�nority far tl�e Sec�ion 3 Fioasing �-or F�l��:rly Prc�jee:t.
�3E IT rT.�i;'HER RESOLVEll tha,_ resolu-�ion #32--`;7 ado�t:ed k�y thc�
Oshkosi�i Hoii:.;ing Authority and a�tached hereto is iz�reby ap�r.c>ved;
uiiu :�1'1Gl�1CA Li:tC 'v"r1SCiji1S? Zl �UU51:IC� 1''1P_drlC� �iU'(:L701:"li-.� �1Yli�.C.tC.tii<� '71U�
b� for�.nnor:ing a�d �houJ_d trie G�hk���t� F:'cus �_rig iyu'cl��;�ri �y 's�E, u:�abi.� tc>
secure other fina.nc�r_g for the Hot;.sing far �th� Elder�.y P.r..c�je�ct, t?��c,n
in tn�t evRn�, the O_>hnu�r� HoLasirg ?�:zuhority is at�.thari?ed �o �ti�orx
cY �. �n Irion , Reir,.ke and As sac iates f..c�r a per_ iod o� :L 8 mon�hs -� cz sec?ir, e
otrier finan�ing �or a�:ousizig f.or Elderly Pr�ject on said site.
ATTE�CHi�Ii�IV`�': RESOi,UTION rr.32-77 I�DOP`1'ED
E3Y THE OSHKOSH HOUSIIVG Z�UTHORI7`Y
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ATTACHMENT TO RES. #31 OF MARCH 17,
_ ' 1977 CITY COUNCIL AGENDA
RESOLUTION #32-77 ADOPTED BY THE OSHKOSH HOUSING AUTHORITY
WHEREAS, the Oshkosh Housing Authority desires to provide
housing for the elderly upon the property known as 517 Boyd Street in the
City of Oshkosh, and
WHEREAS, the most feasible manner in providing said housing is
through the aus�ices of the Wisconsin Housing Finance Authority, and
WHEREAS, prior to final approval from the Wisconsin Housing
Finance Authority, working drawings and plans must be prepared by an
architect, and
WHEREAS, the Oshkosh Hcusing Authority wishes to engage the
services of Irion, Reinke and Associates for architectural services
for the Section 8 Housing for Elderly Project, and
WHEREAS, the bulk of said services must be completed prior �o
final approval of the Wisconsin Hou�ing Finance Authority,
NOW, THEREFORE, BE IT RESOLVED by the Oshkosh Housing Authority
that the proper Housing Authority officials are hereby authorized and
directed to enter into the attached agreement with Irian, Reinke and
Associates for architectural services for the Section 8 Housing for
Elderly Project to be located at 517 Boyd Street in the City of Oshkosh.
BE IT FURTHER RESOLVED that this authorization is contingent
upon the receipt of final approval and financing from the Wiseonsin
Housing Finance Authority for said project and approval of said
architectural agreement.
BE IT FURTH�R RESOLVED that should the Wisconsin Housing Finance
Authority for any reason not finance this project, then the Oshkosh
Housing Authority and thz City of Oshkosh shall assume no liability
for services rendered by Irion, Reinke and Associates.
BE IT FURTFiE� RESOLVr,D that should said 4aisconsin nousing r`inance
Authority not approve said project, then the Oshkosh Housing Authority
shall attempt to obtain other financing and approval for a similar
housing for the eZderly project on this site and if said alternate
financing becomes available� then in that event the proper officials
of the Oshkosh Housing Authority are authorized and directed to enter
into the attached agreement with Irion, Reinke and Associates.
BE IT FURTHER RESOLVED that should the Wisconsin Housing Finance
Authority iail to fund the project and further should the Oshkosh Housing
Authority be unable to fund the project through either HUD or other
sources, then in that event the Housing Authority will recommend to the
City of Oshkosh that for a period of 18-manths from the date of disapproval
from the Wisconsin Housing Finance Authority to hold the property kriown
as 517 Boyd Street for a housing for the elderly project which ma_y be
financed through private efforts on behalf of Irion, Reinke and Associates.
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A. � y
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AGREEMENT TO PURCHASE
T. PARTIES
1.01 P�ERCY MEDICAL CENTER OF OSHKOSFf, It�C., a 6disconsin n�n-profit corporaiion,
hereinafter called Mercy, and
1.02 CITY OF OSHKOSH, a municipal corparation, hereinafter called C�ity.
II. RECITALS
2.01 htercy is the owner of the demised premises, which is the site of the
former Mercy Extended Care Facility�
2.02 Mercy has heretofore granted an option to purchase the demised premises,
which option has been extended and renewed and the last such option
dated December 27, 1976, expires on March 31, 1977.
2.03 �ity has given notice to Mercy of its exercise of the optian, by which
the City has agreed to purchase the demised premises for the sum of
One Hundred Seventy-five Thousand Dollars ($175,000.00) in accordance
with the terms of the option.
2.04 The parties wish to set forth the terms of the Figreement ta {'urchase in
addition ta those terms resulting from the exercise of the option.
2.05 The demised premises are the following real estate located in the Citv
of Oshkosh, County of Winnebago, and State of Wisconsin, to-wit:
Lois 1, 2, 3, 4, 5, 6, 7, 8, a, 10, 27, 29, 30, 31 and the
South Two (2) feet of Lot 28, all in Block 57, FORD ADDITION
in the Fourth Ward, City of Oshkosh, lrlinnebago County,
Wisconsina (Also known as 577 Boyd Street, Oshkosh, �lisconsin.)
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III. AGREEMEPdT
NOW, THEREFORE, in consideration of the mutual promises herein contained,
the parties agree as follows:
3.Oi RECITALS INCLUDED� The recitals are part of this Agreement.
3.02 PURCNASE OF REAL ESTATE. City sha11 purchase the demised premises
from Mercy for a total consideration of One Hundred Seventy-five
Thausand Dollars ($175,000.00) payable Five Thousand Dollars ($5,000.00)
on the date of execution of this Agreement, and the balance on the
Glosing date as hereinafter provided.
3.Q2 DEED. On the date of closing Mercy will deliver its warranty deed
to the demised premises, free and clear of all liens and encumbrances
excepting easements of record.
3.04 CERTAIN FIXTURES AND EQUIPMENT EXCEPTED. The following fixtures or
equipment are excepted and shall not be transferred ta the City:
Kitchen equipment, stained-glass windows in chapel, compressors in
the cooler, two-piece air condition units, wall clocks, cubicle
curtain tracks, selected light fixtures, window shades, water coolers,
plu�nbing fixtures excluding those plumbing fixtures located in the
lavatories,
3.05 EVIDENCE OF TITLE. Mercy shall furnish to City within thirty (30) days
from the date of this Agreement, abstracts of title by Schmitt Abstract
and Title Company extended to date showing title of record in Mercy and
as called for in this agreement, or at the option of the City, to deduct
from the purchase price an amount equivalent to the cost of extending the
abstract, which money will be used by the City for the purchase of
title insurance.
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3.06 CLOSIt�G. Closing shall be held at the office of the City Attorney at
the convenience of the parties but no later than August 31, 1977, In
the event that City shall secure certain funding thraugh the Wisconsin
Nausing Finance Authority that said closing shall be held as soon as
practicable after the receipt of such funding, but in all events prior
to August 31, 1977.
3.07 INTERIM POSSESSION. The parties acknow1edge that prior to closing it
would be to the convenience to City if the demised premises were
available for its inspection and also for exam�nation by architects,
engineers and other representatives of City. Mercy shall make the
premises available for such purpases on or before May 1, 1977,
3.08 AUTNORITY. Each of the parties represents that it has been duly
authorized io execute this Agreement by the officer whose signature
has been affixed below,
IV. MISCELL�`!E�US
4.01 This Agreement shall be binding upon and inure ta the benefit of the
parties hereto, and their respective successors or assigns.
I�i WITNESS 4JHEREOF, this Agreement has been executed as of this
�-,� � day of March, 1977.
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MERCY ME ICAL CENTER OF SHKOSH, INC
By :
BER^lARD J, SCHLUETER, President
CITY OF OSHKQ,SN
r- i I �' y' '�� %
g�, : L;-���� -r--�,:.. � �'. �!� � � G�.
WILLIAM D. FRUEH, City Manager
- 3- I her�h�; �er�'fy FE�a,� tne net:ess?ry �rovisions
ha�.��� �:._.: ..,. �., i:, p�-y :;�� (��bi1 will
aCClliz: :�i.::i,��'!.`�`�,. t:..i::t�C;t. �tY Wi'?IC�1
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