94-4812 Warranty DeedRESOLUTION 94-4812
A RESOLUTION
AUTHORIZING THE MAYOR
OF
THE CITY OF
SALINA, KANSAS, TO EXECUTE A SPECIAL WARRANTY
DEED
CONVEYING TO
WYATT FOUNDRY, INC.,
A KANSAS CORPORATION, AS
THE
SUCCESSOR BY
MERGER TO THE WYATT
MANUFACTURING COMPANY,
INC.
CERTAIN REAL
ESTATE PURSUANT TO A
LEASE DATED OCTOBER 1, 1973.
WHEREAS, on the 1st day of October, 1973, the City of Salina,
Kansas, (the "Landlord"), entered into a Lease with The Wyatt Manufacturing
Co., Inc. (the "Tenant"), covering the following described real estate:
Lot Eleven (11) in White Acres Addition, a subdivision of
Tracts Three (3) and Five (5) of Thomas White Farm, an
addition to the City of Salina, Saline County, Kansas,
subject to an easement granted to the City of Salina, Kansas
for the construction, installation, repair, replacement and
maintenance of a pump station to be located within the South
Twenty -Five (25) Feet of the East Twenty -Five (25) Feet of
said Lot Eleven (11) , and subject to pipe line
rights-of-way, utility easements and other easements,
rights-of-way and restrictions of record;
and,
WHEREAS, the Lease grants the Tenant the option to purchase the
real estate upon full compliance with the terms of the Lease; and,
WHEREAS, the Tenant has assigned its interest in the real estate to
Wyatt Foundry, Inc., a Kansas corporation, as successor by merger to Tenant,
SO NOW, THEREFORE
Kansas:
BE IT RESOLVED, by the Governing Body of the City of Salina,
Section 1. That the Mayor of the City of Salina, Kansas is hereby
authorized to execute a Special Warranty Deed to the above described real esta
in favor of Wyatt Foundry, Inc., a Kansas corporation.
Section 2. That upon execution of the Deed the City Attorney is
instructed to deliver the deed to Wyatt Foundry, Inc., upon its full compliance
with all of the terms and conditions of the 1973 Lease.
Section 3. That this Resolution shall be in full force and effect
from and after its adoption.
Adopted by the Board of Commissioners and signed by the Mayor this
7th day of November, 1994.
LJosep
A. Warner, Mayor
[SEAL]
ATTEST:
S ephanie Krug, Dep City Clerk