HomeMy WebLinkAboutLIVING HORIZONS TWELVE INC 1068 BERTRAM ROAD
RESOLUTION TO AUTHORIZE TRANSFER AND SALE OF PROPERTY TO
INDEPENDENT LIVING HORIZONS TWELVE, INC.
WHEREAS, the Augusta Commission (hereinafter "City" or "Augusta") authorized the
Administrator of Augusta to execute an Option and Purchase Agreement dated October 2, 2008,
for the sale of the property commonly known as 1068 Bertram Road (Map and Parcel 012-0-358-
00-0) (the "Property"), to Georgia Rehabilitjition Institute, Inc.; and
WHEREAS, said Option has been extended twice and has been assigned as permitted by
the Option and Purchase Agreement to Independent Living Horizons Twelve, Inc., an affiliated
entity of Georgia Rehabilitation Institute, Inc.; and
WHEREAS, Independent Living Horizons Twelve, Inc. has indicated that it is exercising
its right to purchase the Property under the terms of the Option and Purchase Agreement for a
total purchase price of $30,000.00; and
WHEREAS, it is necessary and appropriate for a resolution be adopted authorizing the
sale of the Property and the execution of the necessary closing documents by the Mayor and the
Clerk of Commission.
NOW THEREFORE, it is hereby resolved as follows:
1. That the Property commonly known as 1068 Bertram Road (Map and Parcel 012-0-
358-00-0) and more fully described on Exhibit A, shall be transferred to Independent
Living Horizons Twelve, Inc., pursuant to the Option and Purchase Agreement dated
October 2, 2008 for $30,000.00 with the net sales proceeds being delivered to
Augusta, Georgia for deposit in the General Fund of Augusta, Georgia.
2. It is further resolved that the Mayor and Clerk of Commission of Augusta, Georgia
are hereby authorized to execute a warranty deed, closing statement and owner's
affidavit and such other documentation as may reasonably be required, in form
approved by counsel for Augusta, conveying all of Augusta's interest in the
Property, which interest is subject to all easements and restrictions of record.
3. This Resolution shall be recorded in the Minutes of the Augusta-Richmond County
Commission, accompanied by the exhibits referred to herein.
Duly adopted by the Augusta-Richmond County Commission, this ffJ t day of
September, 2009.
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Exhibit "A"
All of that certain piece, parcel or lot of land, situate, lying and being in Augusta-Richmond
County, in the State of Georgia, being the property of Richmond County Board of
Commissioners, also known as Tax Parcel No. 012-0-358-00-0 and being more fully shown and
designated on the "Boundary, Topographic & Underground Utility Plat", prepared for Virgo
Gambill Architects, prepared by Star Survey, Inc., dated February 23, 2009, Revised June 25,
2009, and having the following metes and bounds to wit:
Beginning at a No.4 rebar on the eastern right-of-way of Bertram Road (60' R/W) standing
944.96 feet north of Washington Road, having State Plane Coordinates of: N 1278042.0533, E
696845.0216; thence along eastern right-of-way of Bertram Road NI4038'09"E for a distance of
140.00 feet to a No.5 rebar, thence leaving said right-of-way S79026'33"E for a distance of
290.00 feet to a No.4 rebar, thence SI4038'09"W for a distance of 140.00 feet to a No.5 rebar,
thence N79026'33"W for a distance of 290.00 feet to a No.4 rebar on the eastern right-of-way of
Bertram Road, said point being the Point of Beginning, containing 0.93 acre.