AN ORDINANCE AUTHORIZING THE PURCHASE OF REAL PROPERTY
BE IT ORDAINED BY THE BOARD OF ALDERMEN OF THE CITY OF RICH HILL, MISSOURI, AS FOLLOWS:
- The City of Rich Hill is hereby authorized to purchase from the legal owners thereof the following described land inBates County, Missouri, to with
All of Lot 7 in Block 75 in the Original Town, now City of Rich Hill, Missouri.
For the total price and sum of $800.00, which said sum shall be paid to the Sellers on the date of closing. The said purchase shall further be upon condition that the Sellers shall pay all real estate taxes, which may be levied on the said real estate during the calendar year 1991, and all prior years, and upon condition that Sellers shall convey marketable title as defined by the Title Examination Standards of the Missouri Bar by Warranty Deed. To assure marketable title, the City ofRich Hillis authorized to purchase title insurance on the real property in an amount not to exceed the purchase price.
2. The Mayor and City Clerk are hereby authorized to execute a contract for the purchase of the said real estate and such other documents as may be necessary in connection with the purchase.
3. All ordinances, or parts of ordinances, in conflict with provisions of this ordinance are hereby repealed.
4. This ordinance shall be in full force and effect from and after its passage and approval.
Read two times and passed this 24th day of September 1991.
Carol Culver-City Clerk
Ayes: Larnal Martin, Joe McDaniels