HomeMy WebLinkAboutRes1964-402
RESOLUTION NO. 402
i'VHEREAS, the CITY OF SE~vARD propos es to pure has e from JOHN S.
AND IlARI1\. KISS, husband and wife, the South 20 feet of Lot 10,
Lots 11, 12, 13, 14 and 15 of Block 16 in the Original Townsite
of the City of Seward, Alaska; and
'iIHEREAS, the proposed total purchase price for said property is
the sum of Seven Thousand and No/lOO (~7,000.00) Dollars; and
.MEREAS, a public hearing upon such proposed purchase was held
on July b, 1964, after notice having been posted, all in accor-
dance with Ordinance No. 315, and there were no valid objections
made at said public hearing to the purchase of said property;
NON, THEREFORE, BE IT RESOLVED that the City Manager and City
Clerk be and hereby are instructed to consumate said purchase
by Statutoryilarranty Deed of the South 20 feet of Lot 10, Lots
11, 12, 13, 14 and 15 of Block 16 in the Original Townsite of
the City of Seward, Alaska, for the City of Seward from John
S. and Iv:aria Kiss, husband and wife, for the total sum of Seven
Thousand and No/IOO ~~7,OOO.OO) Dollars; said purchase to be
consumated in the following manner:
(a) The City Manager and City Clerk shall execute for
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the City an Earnest Money Agreement in the total sum of
Eight Hundred Sixty and No/100 (~60.00 'Dollars, said
Agreement to be prepared by the City Attorney and to con-
tain the requirements that (1) the total amount of ~860.00
shall be immediately a~plied to contract for sale between
John S. and Maria Kiss, buyers, and walborg Novak, seller,
in escrow with the Seward Branch, First National Bank of
Anchorage, and (2) in the event John S. and Maria Kiss are
unable to clear the clouds presently existing on the titles
to the above named lots, that said ~860.00 shall become a
lien against the said lots.
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RESOLUTION N~02
(Cont. )
(b) Said Earnest Money Agreement shall be recorded in the
Office of the Deputy Magistrate and Ex-officio Recorder for
the Seward Recording District, Seward, Alaska,
(c) Said Earnest Money Agreement, said fully signed Statutory
ivarranty Deed to the City of Seward, and the remainder of the
purchase price or the sum of Six Thousand Three Hundred Twenty
and No/100 ($6,320.00) Dollars shall be placed in escrow with
the Seward Branch First National Bank of Anchorage, to be
delivered as follows upon receipt of applicable Quiet Title
Judgment or such other instrument as may be approved by the
City Attorney as evidence of Seller's ability to deliver
clear title to said lots: Said Statutory v'larranty Deed to
the City of Seward; One Hundred Seventy-three and No/IOO
($173.00) Dollars to the City of Seward in payment of 1963-64
property taxes against said lots; sufficient funds to pay in
full the above mentioned Kiss-Novak Contract of Sale which
it is understood would be the sum of Five Thousand Three
Hundred Twenty and NO/lOa (~5,320.00) TIollars more or less;
and the renlainder of Eight Hundred 'Twenty-seven and No/100
($827.00) Dollars more or less to John S. and Maria Kiss.
Publication of Resolution No. 402 shall be by posting a certified
copy on the bulletin board at City Hall and on the bulletin board
at the U. 3. Post Office in the City of Seward, Alaska, with a
notice of the places of posting and a brief statement of the pur-
pose of this Resolution to be published in one or more newspapers
of the City, all in accordance with Ordinance No. 315.
Passed and approved by the Common Council
/J-cL l~
Alaska, this 'YC/ day of _7 I,r--
of the City of Seward,
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1964.
Attest:
~cL ~ (/)~
Beatrice E. Watts
City Clerk-Treasurer
'0~a /k~;6
Perr R. Stockton
Mayor