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HomeMy WebLinkAbout641_Approving Sale of Property to Precision ComponentsTULSA COUNTY CLERK - JOAN HASTINGS Doc# 00046851 pgs 2 6361/0744 -0745 Receipt # 439235 05/08/00 11:04:07 Fee 10.00 W000439235008VA CITY OF OWASSO, OKLAHOMA ORDINANCE NUMBER 641 AN ORDINANCE APPROVING THE SALE OF CITY OF OWASSO REAL PROPERTY ALL AS MORE PARTICULARLY DESCRIBED BELOW, AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE SUCH DOCUMENTS NECESSARY FOR CONSUMMATION OF 'Rn THE TRANSACTION, NOTIFYING THE PUBLIC OF La REFERENDUM RIGHTS, DECLARING AN EFFECTIVE DATE THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA, THAT, TO -WIT: Section One: The City Council of the City of Owasso, Oklahoma hereby approves the sale of the property described as follows, to -wit: See Exhibit "A" attached hereto and made a part hereof, to Precision Components, Inc., in conjunction with contiguous property owned by the Owasso Public Works Authority for the combined purchase price of $158,200.00 In conjunction with the foregoing approval of sale, the City Council of the City of Owasso, Oklahoma, hereby authorizes the Mayor and City Clerk to execute any and all documentation necessary for consummation of the sale of the above described property. Section Two: In accordance with the provisions of Section 4 -3 of the Charter of the City of Owasso, Oklahoma, this ordinance shall be referred to a vote of the electors of the City if a legal and sufficient referendum petition is properly filed within thirty (30) days after its passage. Q Section Three: Subject to the provisions of Section Two hereof this ordinance shall become effective thirty (30) days after its passage and publication as provided by State Law APPROVED this 2 "d day of May, 2000. CITY OF OWASSO, OKLAHOMA Mayor H. C. Williams Marci outwell, Aitylerk APPROVED AS TO FORM: D. Cates, City Attorney 2780- 430.ord sale prop EXHIBIT "A" A tract of land that is part of the SW/4 of the NE/4 of Section 31, T-21-N, R-14- E, of the Indian Base and Meridian, City of Owasso, Tulsa County, Oklahoma, said tract of land being more particularly described as follows, to-wit: Starting at the Northeast corner of the SW/4 of the NEA of said Section 31; Thence N 89° 41'55" W along the Northerly Line of said SW/4 of the NE/4 and along the Southerly line of `Ivadel Addition', an addition to the City of Owasso, Tulsa County, Oklahoma for 300.00' to the `Point of Beginning' of said tract of land; thence due South and parallel with the Easterly line of the SW/4 of the NE/4 for 350.00' to a point on the Northerly right -of -way line of 5"' Avenue; thence N 89° 41'55" W along said Northerly right-of-way line for 50.00; thence due North for 185.00'; thence N 89°41'55" W and parallel with the Northerly line of the SW/4 of the NE/4 of Section 31 for 310.00' to a point on the Easterly right-of-way line of Main Street; thence due North along said Easterly right-of-way line forl 65.00' to a point on the Northerly line of the SW/4 of the NE/4 of Section 31, said point also being on the southerly line of "Ivadel Addition"; thence S 89°41'55" E along said Northerly line for 360.00' to the `Point of Beginning' of said tract of land, which street address is 420 South Birch, Owasso, Oklahoma. STATE OF OKLAHOMA, TULSA COUNTY, ss: Bill R. Retherford, of lawful age, being duly sworn and authorized, says that he is the publisher of the Owasso Reporter, a weekly newspaper published in the City of Owasso, Tulsa County, Oklahoma, a news- paper qualified to publish legal notices, advertise- ments and publications as provided in Section 106 of Title 25, Oklahoma Statutes 1971 and 1983 as amended, and thereafter, and complies with all other requirements of the laws of Oklahoma with reference to legal publications. That said notice, a true copy of which is attached hereto, was published in the regular edition of said newspaper during the period and time of publication and not in a supplement, on the following dates: My Commission expires: Published in the Owasso Reporter, Owasso, Tulsa County, Oklahoma, May 11, 2000 CITY OF OWASSO, OKLAHOMA ORDINANCE NUMBER 641 AN ORDINANCE APPROVING THE SALE OF CITY OF OWASSO REAL PROPERTY ALL AS MORE PARTICULARLY DESCRIBED BELOW, AUTHORIZING THE MAYOR AND CITY CLERK TO EXE- CUTE SUCH DOCUMENTS NECESSARY FOR CONSUMMATION OF THE TRANSACTION, NOTIFYING THE PUBLIC OF REFERENDUM RIGHTS, DECLARING AN EFFECTIVE DATE. THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF OWASSO, OKLAHOMA, THAT, TO-WIT. Section One: The City Council of the City of Owasso, Oklahoma hereby approves the sale of the property described as follows, to-wit: See Exhibit "A" attached hereto and made a part hereof, EXHIBIT "A" A tract of land that is part of the SW/4 of the NEA of Section 31 , T-2 1 -N, R- 14-E, of the Indian Base and Meridian, City of Owasso, Tulsa County, Oklahoma, said tract of land being more particularly described as follows, to-wit: Starting at the Northeast corner of the SW/4 of the NE/4 of said Section 31; Thence N 39'41'55" W along the Northerly Line of said SW/4 of the NE/4 and along the Southerly line of 'Ivadel Addition', an addition to the City of Owasso, Tulsa County, Oklahoma for 300.00' to the 'Point of Beginning' of said tract of land; thence due South and parallel with the Easterly line of the SW/4 of the NE/4 for 350.00' to a point on the Northerly right-of-way line of 5th Avenue; thence N 89' 41'55" W along said Northerly right-of-way line for 50.00% thence due North for 185.00'; thence N 89'41'55" W and parallel with the Northerly line ofthe SW/4 of the NE/4 of Section 31 for 310.00' to a point on the Easterly right-of-way line of Main Street; thence due North along said Easterly right-of-way line for 165.00' to a point on the Northerly line of the SW/4 of the NEA of Section 31, said point also being on the southerly line of "Ivadel Addition"; thence S 89* 41' 55" E along said Northerly line for 360.00' to the 'Point of Beginning' of said tract of land, which street address is 420 South Birch, Owasso, Okla- homa. to Precision Components, Inc., in conjunction with contiguous property owned by the Owasso Public Works Authority for the combined pur- chase price of $158,200.00 In conjunction with the foregoing approval of sale, the City Council of the City of Owasso, Oklahoma, hereby authorizes the Mayor and City Clerk to execute any and all documentation necessary for consumma- tion of the sale of the above described property. Section Two: In accordance with the provisions of Section 4-3 of the Charter of the City of Owasso, Oklahoma, this ordinance shall be referred to a vote of the electors of the City if a legal and sufficient ref- erendum petition is properly filed within thirty (30) days after its pas- sage. Section Three: Subject to the provisions of Section Two hereof this ordinance shall become effective thirty (30) days after its passage and publication as provided by State Law APPROVED this 2nd day of May, 2000. CITY OF OWASSO, OKLAHOMA /s/ H.C. Williams Mark Wilken, Mayor (SEAL) ATTEST APPROVED AS TO FORM: /s/ Marcia Boutwell /a/ Ronald D. Cates Marcia Boutwell, City Clerk Ronald D. Cates, City Attorney