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2008-128
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2008-128
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Last modified
3/30/2016 11:22:18 AM
Creation date
10/1/2015 12:07:32 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/22/2008
Control Number
2008-128
Agenda Item Number
10.A.1
Entity Name
Ken and Laura McKellar
Subject
Real Estate Exchange Agreement Right of Way
County Deed, Corrective Quit Claim Deed, Statutory Warranty Deed
Area
NE Corner 49th St. and 31st. Avenue McKellar Property
Supplemental fields
SmeadsoftID
6994
Document Relationships
2008-042
(Attachment)
Path:
\Resolutions\2000's\2008
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03 / 17/ 2008 09 : 40 7725694317 COATTY PAGE 04 <br /> 2 . The County agrees to convey to the McKellars that portion of land lying immediately north of <br /> the McKellar property, consisting of 16,254 square feet (0.37 acres) as depicted on Exhibit A <br /> attached. <br /> 3 . At the same time, the McKellars agree to convey two parcels of property to the County: <br /> • A 20 ' by 300' (approximately) abutting the north side of 49`� Street and <br /> • A 40 ' by 240' strip of property abutting the east side of 31 " Avenue <br /> These two parcels consist of 16,254 square feet (0.37 acres) as depicted on Exhibit B attached. <br /> 4 . Each party shall convey marketable title to their respective parcels by warranty deed free of <br /> claims, liens, easements, encumbrances and property taxes prorated for the year of closing. <br /> 5 . County shall be responsible for preparation of all Closing documents. <br /> a. County shall pay the following expenses at Closing: <br /> The cost of recording the warranty deed and any release or satisfaction obtained by Seller <br /> pursuant to this Agreement. <br /> 6. Seller shall pay the following expenses at or prior to Closing: <br /> All costs necessary to cure title defect(s) or encumbrances, other than the permitted <br /> exceptions, and to satisfy or release of record all existing mortgages, liens, taxes or <br /> encumbrances upon the properties. <br /> 7. In the event a dispute arises over this agreement, the Seller and County shall each pay their <br /> own attorneys' fees and costs. <br /> 8 . This Agreement constitutes the entire agreement between the parties with respect to this <br /> transaction and supersedes all prior agreements, written or oral . <br />
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