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Purchase Agreement Approval for Purchase of Dubuque County Owned Parcel, 1119358006City of Dubuque City Council Meeting Consent Items # 012. Copyrighted November 6, 2023 ITEM TITLE: Purchase Agreement Approval for Purchase of Dubuque County Owned Parcel, 1119358006 SUMMARY: City Manager recommending City Council approve the acquisition of real property owned by Dubuque County, Iowa by the City of Dubuque and approve any other related steps necessary to carry out the terms of the Offer through the adoption of the enclosed resolution. RESOLUTION Approving an offer to buy real estate and acceptance for the purchase by the City of Dubuque, Iowa of real property owned by Dubuque County, Iowa SUGGESTED Suggested Disposition: Receive and File; Adopt Resolution(s) DISPOSITION: ATTACHMENTS: Description Type MVM Memo City Manager Memo Staff Memo Staff Memo Resolution Resolutions Purchase Agreement Supporting Documentation THE C Dubuque DUj!BQTE WAWca 914 Masterpiece on the Mississippi YP pp aoo�•o 13 zai7*20*�oi9 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Purchase Agreement Approval for Purchase of Dubuque County Owned Parcel, 1119358006 DATE: November 2, 2023 Project Manager Steve Sampson Brown is recommending City Council approve the acquisition of real property owned by Dubuque County, Iowa by the City of Dubuque and approve any other related steps necessary to carry out the terms of the Offer through the adoption of the enclosed resolution. I concur with the recommendation and respectfully request Mayor and City Council approval. v Mic ael C. Van Milligen MCVM:sv Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Gus Psihoyos, City Engineer Steve Sampson Brown, Project Manager Jenny Larson, Chief Financial Officer Nate Kieffer, Land Surveyor THE CITY OF DUB E Masterpiece on the Mississippi Dubuque 2007-2012.2013 2017*2019 TO: Michael C. Van Milligen - City Manager FROM: Steve Sampson Brown - Project Manager SUBJECT: Purchase Agreement Approval for Purchase of Dubuque County Owned Parcel, 1119358006. DATE: October 31, 2023 INTRODUCTION The purpose of this memorandum is to seek authorization to purchase a 0.32 acre parcel comprised of City Lots Lot 2 of Lot 28, Lot 2 of Lot 29, Lot 2 of Lot 30, Lot 2 of Lot 31, Lot 2 of Lot 32, Lot 2 of Lot 33, Lot 2 of Lot 34, Lot 2 of Lot 35, Lot 2 of Lot 36, Lot 2 of Lot 37, and Lot 2 of Lot 38 all of Block 17 in Dubuque Harbor Improvement Company Addition in the City of Dubuque, Iowa. BACKGROUND On July 1, 2020, the City of Dubuque and Viterra USA Grain, LLC (Viterra) entered into a lease agreement for the riverfront industrial land adjacent to the Shot Tower (Commercial Street Site). As part of the executed lease agreement Viterra was granted rights to use the rail spur track that connects the Commercial Street Site with their two additional lease sites located on the 12th Street peninsula adjacent to Kerper Blvd. The spur tracks are used to moved bulk commodities from the Mississippi River, through the leased areas, and on the mainline railroad tracks owned by the Canadian National Railway. While working with Viterra to coordinate their redevelopment of the Commercial Street Site which included realignment of the spur tracks serving this leased area, it was determined that the spur tracks that connect the Commercial Street Site to the Viterra 12th Street peninsula sites travel a short distance across two small parcels of land that are not owned by the City of Dubuque. Dubuque County is the current owner of the referenced 0.32-acre parcel and has indicated their willingness to convey this parcel to the City of Dubuque so it may add to the current Commercial Street Site lease agreement with Viterra. DISCUSSION Dubuque County has agreed to sell the subject parcel of land to the City for $1.00. To accomplish the transfer of properties between the City of Dubuque and Dubuque County the attached Purchase Agreement has been negotiated. Page 1 of 2 RECOMMENDATION I recommend that the attached resolution approving the acquisition of real property owned by Dubuque County, Iowa by the City of Dubuque be submitted to the City Council for consideration and adoption. ACTION TO BE TAKEN I respectfully request that the City Council adopt the attached resolution approving the acquisition of real property owned by Dubuque County, Iowa by the City of Dubuque and approve any other related steps necessary to carry out the terms of the Offer through the adoption of the enclosed resolution. TES/ssb cc: Gus Psihoyos - City Engineer Jenny Larson — Chief Financial Officer Nate Kieffer — City Surveyor Page 2of2 Prepared by Steve Sampson Brown Pro'ect Manager, 50 W. 13th St. Dubuque, IA 52001 563 589-4276 Return to Adrienne N. Breitfelder, City Clerk, 50 W. 131h St., Dubuque, IA 52001, (563) 589-4100 RESOLUTION NO. 359-23 APPROVING AN OFFER TO BUY REAL ESTATE AND ACCEPTANCE FOR THE PURCHASE BY THE CITY OF DUBUQUE, IOWA OF REAL PROPERTY OWNED BY DUBUQUE COUNTY, IOWA WHEREAS, Dubuque County is the owner of the following real described property: City Lots Lot 2 of Lot 28, Lot 2 of Lot 29, Lot 2 of Lot 30, Lot 2 of Lot 31, Lot 2 of Lot 32, Lot 2 of Lot 33, Lot 2 of Lot 34, Lot 2 of Lot 35, Lot 2 of Lot 36, Lot 2 of Lot 37, and Lot 2 of Lot 38 all of Block 17 in Dubuque Harbor improvement Company Addition in the City of Dubuque, Iowa (the County Property); and WHEREAS, City and Dubuque County have entered into the Purchase Agreement a copy of which is attached hereto, subject to the approval of the City Council of the City of Dubuque, pursuant to which Dubuque County will convey the County Property to City; and WHEREAS, the City Council has tentatively determined that it would be in the best interests of the City to approve the Purchase Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA AS FOLLOWS: Section 1. The Offer to Buy Real Estate and Acceptance is hereby approved. Section 2. That the City of Dubuque be and is hereby authorized to accept a Special Warranty Deed from Dubuque County For the County Property. Section 3. That the City Clerk be and is hereby authorized and directed to cause said Special Warranty Deed to be recorded in the office of the Dubuque County Recorder, together with a certified copy of this Resolution. Section 4. That the City Clerk be and is hereby directed to forward a copy of this Resolution to the Dubuque County Assessor and the Dubuque County Auditor. Section 5. The City Manager is authorized to take such action as may be necessary to carry out the terms of the Offer to Buy Real Estate and Acceptance. Passed, approved and adopted this 6th day of November, 2023. rad M. t3yaeaigh, Mayor Attest; Adrienne N. Breitfelder, City Clerk OFFER TO BUY REAL ESTATE AND ACCEPTANCE (NONRESIDENTIAL) TO: County of Dubuque, Iowa, SELLER The undersigned BUYER hereby offers to buy and the undersigned SELLER by its acceptance agrees to sell the real property situated in Dubuque, Iowa, Parcel Number 1119501004, legally described as: Lot 2 of Lot 28, Lot 2 of Lot 29, Lot 2 of Lot 30, Lot 2 of Lot 31, Lot 2 of Lot 32, Lot 2 of Lot 33, Lot 2 of Lot 34, Lot 2 of Lot 35, Lot 2 of Lot 36, Lot 2 of Lot 37, and Lot 2 of Lot 38 all of Block 17 in Dubuque Harbor Improvement Company Addition in the City of Dubuque, Iowa together with any easements and appurtenant servient estates, but subject to any reasonable easements of record for public utilities or roads, any zoning restrictions, customary restrictive covenants, and mineral reservations of record, if any, herein referred to as the "Property," upon the following terms and conditions. 1. PURCHASE PRICE. The Purchase Price shall be $1.00 and the method of payment shall be as follows: cash or other means acceptable to SELLER at closing. 2. REAL ESTATE TAXES. SELLER shall pay prorated real estate taxes for the fiscal year in which the closing takes place to the date of possession and any unpaid real estate taxes payable in prior years. BUYER shall pay all subsequent real estate taxes. Unless otherwise provided in this agreement, at closing SELLER shall pay BUYER, or BUYER shall be given a credit for, taxes from the first day of November prior to possession to the date of possession based upon the last known actual net real estate taxes payable according to public records. However, if such taxes are based upon a partial assessment of the present property improvements or a changed tax classification as of the date of possession, such proration shall be based on the current levy rate, assessed value, legislative tax rollbacks and real estate tax exemptions that will actually be applicable as shown by the assessor's records on the date of possession. 3. SPECIAL ASSESSMENTS. A. SELLER shall pay in full at time of closing all special assessments which are a lien on the Property as of the date of closing. B. If "A" is stricken, then SELLER shall pay at time of closing all installments of special assessments which are a lien on the Property and, if not paid, would become delinquent during the calendar year this offer is accepted, and all prior installments thereof. C. All charges for solid waste removal, sewage and maintenance that are attributable to SELLER'S possession, including those for which assessments arise after closing, shall be paid by SELLER. D. Any preliminary or deficiency assessment which cannot be discharged by payment shall be paid by SELLER through an escrow account with sufficient funds to pay such liens when payable, with any unused funds returned to SELLER. E. BUYER shall pay all other special assessments or installments not payable by SELLER. 4. RISK OF LOSS AND INSURANCE. SELLER shall bear the risk of loss or damage to the Property prior to closing or possession, whichever first occurs. SELLER agrees to maintain existing insurance and BUYER may purchase additional insurance. In the event of substantial damage or destruction prior to closing, this agreement shall be null and void; provided, however, BUYER shall have the option to complete the closing and receive insurance proceeds regardless of the extent of damages. The Property shall be deemed substantially damaged or destroyed if it cannot be restored to its present condition on or before the closing date. 5. CLOSING. The closing shall take place on the Closing Date which shall be on or before the 16th day of October, 2023, or such other date as the parties shall agree in writing but in no event shall the Closing Date be later than the 1 st day of November, 2023. Consummation of the closing shall be deemed an agreement of the parties to this Agreement that the conditions of closing shall have been satisfied or waived. 6. FIXTURES. Included with the Property shall be all fixtures that integrally belong to, are specifically adapted to, or are a part of the real estate, whether attached or detached. Also included shall be the following: none. The following items shall not be included: any and all inventory, equipment and other personal property of any type on the premises. 7. CONDITION OF PROPERTY. The Property as of the date of this agreement, including grounds, and all improvements, will be preserved by the SELLER in its present condition until possession, ordinary wear and tear excepted. SELLER makes no warranties, express or implied, as to the condition of the Property. A. BUYER acknowledges that it has made a satisfactory inspection of the Property and are purchasing the Property in its existing condition, subject to BUYER'S rights as set forth in paragraph 10B below. 8. ABSTRACT AND TITLE. BUYER, at its expense, shall promptly obtain an abstract of title to the Property continued through a date within 30 days of the Closing. It shall show merchantable title in SELLER in conformity with this agreement, Iowa law, and title standards of the Iowa State Bar Association. The SELLER shall make every reasonable effort to promptly perfect title. If closing is delayed due to SELLER'S inability to provide marketable title, this agreement shall continue in force and effect until either party rescinds the agreement after giving 10 days written notice to the other party. The abstract shall become the property of BUYERS when the Purchase Price is paid in full. SELLER shall pay the costs of any additional abstracting and title work due to any act or omission of SELLER, including transfers by or the death of SELLER or its assignees. 9. SURVEY. BUYER may, at BUYER'S expense prior to closing, have the Property surveyed and certified by a registered land surveyor. If the survey shows any encroachment on 2 the Property or if any improvements located on the Property encroach on lands of others, the encroachments shall be treated as a title defect. 10. ENVIRONMENTAL MATTERS. A. SELLER makes no representation and offers no warranty to BUYER pertaining to a Groundwater Hazard Statement. BUYER acknowledges that Real Estate is being sold by the SELLER as -is. B. Within fourteen (14) days after acceptance of this Agreement, SELLER will make available for BUYER's review , at no cost to BUYER, all documents in the Possession of the SELLER which are not publicly available, including but not limited to as -built drawings, site plans, maps, historical records showing past use of the Real Estate and storage of petroleum products or other products, reports, studies, investigations, audits, actions, or tests, relating in any way with the environmental condition of the Real Estate, to the compliance of the Real Estate with the federal and state environmental laws or the presence of hazardous substances on, at, or about the Real Estate, including but not limited to those that were: (a) prepared for SELLER or any related party or affiliate or predecessor in interest; or (b) prepared for other persons or entities, and are in the possession, custody or control of SELLER or any related party or affiliate or predecessor in interest (collectively, the "Environmental Documents"). BUYER shall be entitled to make copies of all such documents, at BUYER's cost. SELLER authorizes BUYER to speak to any person involved in the preparation of the Environmental Documents. At no cost to BUYER, SELLER shall cooperate with BUYER in obtaining reliance agreements, if permitted under the law, for any previous environmental site assessments or other reports. C. Following the execution hereof by both parties, BUYER may, at BUYER's expense, but no later than thirty (30) calendar days before closing, obtain an environmental site assessment from a qualified environmental professional regarding the existence or nature of any hazardous materials, substances, conditions, or wastes located on the Real Estate. If any recognized environmental concerns are identified by the environmental professional, BUYER's obligations hereunder shall be contingent upon the SELLER removing such materials, substances, conditions, wastes, or other concerns identified in the report from the Real Estate in a matter reasonably satisfactory to BUYER. Following any testing or inspections conducted pursuant to this paragraph, BUYER agrees to restore the premises to its prior condition, ordinary and reasonable wear and tear excepted. 11. DEED. Upon payment of the purchase price, SELLER shall convey the Real Estate to BUYER or BUYER'S assignee by Quit Claim Deed free and clear of all liens, restrictions and encumbrances, except: zoning ordinances and agreements entered under them, and easements and restrictions of record, which constitutes merchantable title for purposes of this transaction. Any general warranties of title shall extend only to the time of acceptance of this Offer, with special warranties as to acts of SELLER continuing up to time of delivery of the Deed. 12. JOINT TENANCY IN PROCEEDS AND IN REAL ESTATE. If SELLER, immediately preceding acceptance of the offer, holds title to the Property in joint tenancy with full right of survivorship, and the joint tenancy is not later destroyed by operation of law or by acts of the SELLERS, then the proceeds of this sale, and any continuing or recaptured rights of 3 SELLERS in the Property, shall belong to SELLERS as joint tenants with full rights of survivorship and not as tenants in common; and BUYERS, in the event of the death of any SELLER, agree to pay any balance of the price due SELLERS under this agreement to the surviving SELLERS and to accept a deed from the surviving SELLERS consistent with paragraph 11. 13. STATEMENT AS TO LIENS. If BUYERS intend to assume or take subject to a lien on the Property, SELLERS shall furnish BUYERS with a written statement prior to closing from the holder of such lien, showing the correct balance due. 14. USE OF PURCHASE PRICE. At the time of settlement, funds of the Purchase Price may be used to pay taxes and other liens and to acquire outstanding interests, if any, of others. 15. APPROVAL OF COURT. If the sale of the real estate is subject to court approval, the fiduciary shall promptly submit this contract for such approval. If this contract is not so approved, it shall be void. 16. REMEDIES OF THE PARTIES. A. If BUYER fails to timely perform this agreement, SELLER may forfeit it as provided in the Iowa Code (Chapter 656), and all payments made shall be forfeited; or, a SELLER'S option, upon 30 days written notice of intention to accelerate the payment of the entire balance because of BUYER'S default (during which 30 days the default is not corrected), SELLER may declare the entire balance immediately due and payable. Thereafter this agreement may be foreclosed in equity and the court may appoint a receiver. B. If SELLER fails to timely perform this agreement, BUYER has the right to have all payments made returned to them. C. BUYER and SELLER are also entitled to utilize any and all other remedies or actions at law or in equity available to them, and the prevailing party shall be entitled to obtain judgment for costs and attorney fees. 17. NOTICE. Any notice under this agreement shall be in writing and be deemed served when it is delivered by personal delivery or mailed by certified mail, addressed to the parties at the addresses given below. 18. GENERAL PROVISIONS. In the performance of each part of this agreement, time shall be of the essence. Failure to promptly assert rights herein shall not, however, be a waiver of such rights or a waiver of any existing or subsequent default. This agreement shall apply to and bind the successors in interest of the parties. This agreement shall survive the closing. This agreement contains the entire agreement of the parties and shall not be amended except by a written instrument duly signed by SELLER and BUYER. Paragraph headings are for convenience of reference and shall not limit or affect the meaning of this agreement. Words and phrases herein shall be construed as in the singular or plural number, and as masculine, feminine or neuter gender according to the context. 4 19. ADDITIONAL PROVISIONS. A. This offer is subject to final approval of the City Council of the City of Dubuque, Iowa and the Board of Supervisors of Dubuque County, Iowa. a. BUYER, its counsel, accountants, agents and other representatives, shall have full and continuing access to the real estate and all parts thereof, upon reasonable notice to SELLER for the purpose of inspecting, surveying, engineering, test boring, performance of environmental tests and such other work as BUYER shall consider appropriate, provided that BUYER shall hold SELLER harmless and fully indemnify SELLER against any damage, claim, liability or cause of action arising from or caused by the actions of BUYER, its agents, or representatives upon the real estate (except for any damage, claim, liability or cause of action arising from conditions existing prior to any such entry upon the real estate), and shall have the further right to make such inquires of governmental agencies and utility companies, etc. and to make such feasibility studies and analysis as BUYER considers appropriate. b. SELLER shall be responsible for payment of any commission or brokerage fee arising out of this transaction, which fee shall be payable through the closing proceeds. C. SELLER warrants that the rights of all tenants shall be terminated by SELLER prior to closing and that there will be no tenants whose rights in the real estate survive the closing, except the rights of SELLER as set forth on Exhibit A hereto. d. Notwithstanding anything to the contrary herein, until 10 days prior to the closing date, BUYER shall have the right to terminate this agreement if environmental issues exist on the real estate the BUYER determines in its sole discretion do not permit BUYER to use the real estate for its intended use. Prior to terminating this agreement pursuant to this section, BUYER shall offer SELLER the opportunity to remediate the real estate to the satisfaction of BUYER in its sole discretion and at SELLER's sole costs. 21. ACCEPTANCE. When accepted, this agreement shall become a binding contract. If not accepted and delivered to BUYER on or before the 1st day of November, 2023, this agreement shall be null and void and all payments made shall be returned immediately to BUYER. If accepted by SELLER at a later date and acceptance is satisfied in writing, then this agreement shall be valid and binding. 5 Accepted SELLER COUNTY OF DUBUQUE, IOWA Dated BUYER CITY OF DUBUQUE, IOWA By: Michael C. Van Milligen, City Manager ArcGIS Web Map 81312022, 12:46:44 PM 1:1,000 Lines — — — — 0 0.01 0.01 0.03.1 Geog Twp Line Page Match Line Railroad Centerline ' Section Line Water Line , aall other values> - Lot Line — Parcel Line — Railroad ROW " State Line ❑ Tax Parcels 0 0.01 0.03 0,05 km -- Claim Line Misc Line — Pol Corp Line — Road Centerline — Sub Line ��_ inC, a,nuque cauuey, Iowa County Line '— Mon Linear '—' Pol Twp Line — Road ROW — Unknown Linear Wab AppB,Ider far AnGIS C Bubuq- County GIs 7