HomeMy WebLinkAboutMARKO INVESTMENT SALES OPTION (PROJECT ICU-0068 FORT GORDON GATE 4 WATER MAIN AND PUMPING STATIONAUGUSTA, GEORGIA
SALES OPTION
PROJECT: ICU-0068 Fort Gordon Gate 4 Water Main and Pumping Station
Augusta Utilities Department
PARCEL IDENTIFICATION NUMBER: 138 -0- 006 -00 -0 ADDRESS: 4002 Deans Bridge Road
THIS INDENTURE made and entered into this 6 day of _ ► 2012, between MARKO
INVESTMENT CO., INC., formerly known as K & W Investment Co., Inc., a company established under
the laws of the State of Georgia, hereinafter referred to as OWNER, and AUGUSTA, GEORGIA, a
political subdivision under the laws of Georgia, hereinafter referred to as AUGUSTA;
WITNESSETH, that OWNER, for and in consideration of ONE DOLLAR ($1.00), the receipt
whereof is hereby acknowledged, and in consideration of the benefits derived by said OWNER from the
proposed Project mentioned herein, OWNER agrees to be bound, and to bind their successors,
representatives, assigns and heirs as follows:
If AUGUSTA shall, within one hundred and twenty (120) days from the date first written above,
pay the sum of $12, 000.00,, the OWNER agrees to execute and deliver to AUGUSTA parcel, or tact, of
property, in fee simple, described as:
All that parcel, or tract, of land being located in Augusta- Richmond County, Georgia,
beginning at a #4 rebar marker on the western right -of -way of Willis Foreman Road and
traveling S16 °042'45"W for a distance of 103.11 feet to a concrete marker, thence turning
and traveling N35 °36'56"W for a distance of 126.18 feet to a #4 rebar, thence turning and
traveling N88 °02'03 "E for a distance of 102.10 feet back to the point of beginning. Said
parcel is shown as "Parcel A ", on a plat prepared by George L. Godman & Associates, dated
September 19, 2011, attached hereto and made a part hereof, to which reference is made
for a more accurate and complete description of the metes, bounds and courses.
Said parcel is a portion of that parcel conveyed by Fast Fare, Inc. to K & W Investment Co.,
Inc., by indenture dated January 20, 2004, and recorded January 29, 2004, on Realty Reel
909, Pages 2321 -2322, in the Office of the Clerk of Superior Court, Richmond County,
Georgia.
ALSO, 4,576 square feet of temporary construction easement, as shown on said plat.
AUGUSTA does agree that, in addition to the sum written above, it will decommission the septic
tank of the convenience store, which is located on the parcel known asl 38-0-006-00-0/4002 Deans
Bridge Road, and connect the store into the public sanitary sewer system, which will be constructed in
conjunction with the Gate 4 project. Decommission will include pumping and filling the septic tank,
installing the private service line between the store and the lateral line, and connecting the service line to
the lateral line. This will be done at the sole cost and expense of AUGUSTA.
And no agreement that would adversely affect these rights has been, or will be, made within the
option period.
written.
IN WITNESS WHEREOF, OWNER has set its hand and seal, the day and year first above
Signed, Sealed and Delivered in the presence of:
Nola "� Ublic .
ice....:cr County, State of 9eccr- -
My commission expill@PY CoUn to Count,
MAR • ' INVESTMENT CO., INC.
M. Koger
As Its: CEO
Attest:
Brian Butler
As i CFO and Secretary
Accepted by:
AUGUSTA, GEORGIA