HomeMy WebLinkAbout99-01998
AGREEMENT FOR
PURCHASE OF REAL ESTATE
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mls AGREEMENT is cntered in this Itl,t...dayof~, 1999, by and between
the BOROUGH OF SHlPPENSBURG, a municipal colJlOmtion, having a principal address
located 8160 West BUld Street, Shippcnsburg, Pennsylvania ("Borough"), and STANFORD
REALTY VENTURE, a Missouri joint venture qualified in Pennsylvania and RASKAS
CHEESB PRODUcrs ofPENNSYL VANIA, LNC., a Missouri col)lOration qualified to do
business in Pennsylvania and having a principal address located at 205 Dykeman Road,
Shippcnsburg, Pennsylvania ("Stanford"). Raskas Cheese Products,lnc. is an affiliate of
Stanford Realty V cnture.
In considemtion of the promises and mutual covenants contained herein and intending to
be legally bound hereby, the parties agree as follows:
1. PurcbBse and Sale:
Subject to the terms and condition contained in this Agreement, Borough hereby
agrees to sell and convey to Stanford and Stanford agrees 10 purchase all of Borough's interest
in and to a certain tract ofland approximately 5.274 acres in size situate in Shippensburg,
Cumberland County, Pennsylvania as more particularly described in Exhibit "A" attached
hereto and incoIJlomted herein (the "Property").
2. Price and Terms:
Stanford was the successful bidder at a public auction held by the Borough on
November 27, 1998. The purchase price as established by public auction held on November 27,
1998 for the Property is Five Thousand Dollars ($5.000.00) per acre or Twenty-Six Thousand
Three Hundred Seven tv Dollars ($26,370.00) (the "Purchase Price"), 10 be paid by Stanford by
certified check or other inunediately available funds at Closing. A deposit of Two Thousand Six
Hundred Thirty-Seven Dollars ($2,637.00) represenling ten percent (10%) of the Purchase Price
has been paid in eash by Stanford on the day of the auction of Ihe Property (the "Deposit"). The
Deposit is being held by the Borough and shall he crediled against the Purchase Price at Closing,
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6. Clonal Co!!..:
All state and local real estate documentary, transfer and recording taxes and expcnaes
with respect to the Property shall be borne by Stanford. Stanford shall pay any inspection
costs, title insurance premiums, subdivision costs and governmental approval costs, including
costs and attorney's fees related 10 the obtaining of court approval and/or other governmental
approvals for the sale of the Property. The attorney's fees related to obtaining court approval
shall not exceed Seven hundred and fifty dollars ($750.00).
7. Possellslon aDd Tender'
Possession shall be delivered by deed and physical possession of the Property at
the time of Closiog, free and clear of all leases, options, tenancies and rights of occupancy by
others.
8. Sewa\:e Faclli(y:
The Pennsylvania Sewage Facilities Act requires that there be a statement
regarding the availability of a community sewage system. The parties hereto shall initial the
appropriate space below:
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xx (A) The Property is not presently serviccd by a community sewage system as
it exists as raw land. However, public water and sewer are available to the
adjoining property presently owned and operated by Stanford.
(If the Property is not so serviced, check (B) or (C) below.)
(B)Stanford is hereby advised that there is no currently existing
community sewage system available to the Property. There is a
permit for the operation of an individual sewage system for the
Property, and said permit has been exhibited by Borough to Stanford.
(C) Stanford is hereby advised that there is no currently existing
community sewage system available to the Property and that a
permit for an individual sewage system will have to be obtained
from the appropriate local agency pursuant to the Pennsylvania
Sewage Facilities Act. Before signing this Agreement, Stanford
should contact the appropriate local agency that administers the
Pennsylvania Sewage Facilities Act to determine the procedures
and requirements for obtaining a permit for an individual sewage
system.
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12. Broker:
Both parties state and represent that they have not been represented by,
nor have they employed a realtor, broker, finder or agent relative to this transaction (except for
employment by the Borough of an auctioneer), that no fees or commissions arc due and that
each releases and hold harmless the other as to any claims related to such fees or commiasions.
13. Risk On.o55:
Risk ofloss of the Property shall remain upon the Borough until Closing. Ifthcre
shall occur a material change in the physical condition of the Property between the date hereof
and the time of the Closing, Stanford shall have the option to: (a) void this Agreement, all
parties shall be relieved of liability hereunder and Stanford shall have the right to have the
deposit returned, or (b) elect to proceed with the Closing and pay the full consideration, in
which the Borough shall assign to Stanford any insurance proceeds to which the Borough may
be entitled as a result of the change in condition. To exercise its right under this Paragraph 13,
Stanford shall give writtcn notice to the Borough prior to the delivery of the deed. If Stanford
fails to give such written notice, Stanford shall be conclusively deemed to have chosen option
(b).
14. Default of Parties:
If the Borough fails to perfoIm any of the tenDS or conditions of this Agreement,
Stanford shall have the right to void this Agreement and have the Deposit returned.
If Stanford defaults in its obligation to consummate Closing under this
Agreement, the Borough shall be entitled to retain the Deposit as liquidated damages for such
default, as Borough's sole remedy in lieu of any other rights and remedies of Stanford for
breach hereof, and thereupon neither party shall have any further claim or obligation to the
other hereunder.
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15, Condltfon. Preeedent to HOMuth'. Olllle_donl:
The obligations of the Borough shall be contingent upon the approval of the sale
by the Court of Common Pleas of Cumberland County. The obligations of the Borough shall
also be contingent upon subdivision approval and any other applicable governmental BpproVal,
16. MII~ell.nenDI:
(A) SDccessor and Assl~,u:
This Agreement sba11 be binding upon and inure to the benefit
of the heirs, ll\JCCClsors, executors, administrators, legal
representatives, and proper assigns of the respective parties.
(8) Entfre A&reemeDt: CODnteQ)sm:
This Agreement constitutes the entire understanding between
the parties with respect to the matters addressed herein. There
are no covenants, promises, agreements, conditions, or
understandings, either oral or written between them other than
are contained herein. No alteration, amendment, change, or
addition to this Agreement shall be binding upon any party
unless reduced to writing and signed by each party. This
Agreement may be executed in counterparts, each of which
shall be deemed an original and all of which shall constitute
one with the same Agreement.
(C) Govern'n!: Law:
This Agreement shall be construed and govemed by the laws
of the Commonwealth of Pennsylvania. This Agreement is
entered into in Cumberland County, Pennsylvania.
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TR15 AMEND~ 'lQ..APtr.DCr.NT lOR PVllCRASJ: or REAL
ESTATE II _crcd ilIt&-,lItit-...lL ~ of, Mmb. 1999, by IIId betnOOll tbo
BOllOUGH OF SHlPFENSBUllG. llIIUIIiQp&I {()~_.inn. "viDs..1 priDciplllddraa
Ioe*d at 60 Wet1 Btifd- SUMl; ~ rcunaxlvaniI (the "8of'ClU&bj IIIil
ST~OlU) REALTY VEN'1'{J1lE; I MIssouri joint ..,.&.... ..uSecI tn. ",.oi-. in
pamsylvaoil and P.ASKASrw~j:~p PRODUCTS OF PENNSYLVANIA, INC., a
Missouri corponttioo qualified to do business ill pesmsy\vaDia and having a principal
Iddras louted at 205 Dykeman lload, ShippensburB. peaoaylvam. (coUmivdy,
uStandfon:l").
WHEl\EAS. the Borou&h aad Stulfnnl -wed into aD ~t for I'uI'chase
orRell Bate dated February 10, 1999 (tbe ".AgnIemcD1") foe tbe sale 01. c.ataiD a-aa-of
Iaod app.....;.matdy 5.274 ItfCS in slzo from the Bocougb to Standford U IDOl'C
putic;ularly deaaibcd in Exhibit .. A" atw:hcd to the AgreemDIIl (the "Propc:rty").
WHEREAS. the parties wish to elItead tho (:tosing Date for conveyance of the
PrlJIlCI1Y u originally set forth in we Agrccmem.
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A USOLt1T10N OF no: BOROUGH COUNCIL or
TIll: BOROUGH OP ~ft.U'rUfSBVJlC, CVMItUl.AM) AND
nANJC:L1l'f COUNTD:S, PDlNS\'LV ANIA
29
BE II' llESOLVED, by 11M Mayor and BORIup Council oflhe Boroush ofShipplllSlnq,
Cumberland UId PlIIlIdiD Ccnmties, Pennsyl_ia, and it iJ hereby resolved u follows:
J. The Boroua/l ofShippca.sburs shill pI_ up (or sale thtlKlp public: auction
a tract of real propaty c:umndy owned by the Bollluah or Shippen_bur&,
located in the Sbippensbur; Inchatri.aJ Park.Said real property i. an appr0xi-
mately 5.2741Cn1l1act orJll'Ol*lY -'joining proper1y c:umntly owned by
Ralku CII_ Productl ofPeMS)'fvania (the "Tract").
2. A public _lioa, the minimum bid on die TlUt .haIl be .lIbliJhed It Five
ThCllllMd Dollan ($5,000.00) I*' --. based upon chewr mubt V1111l1 of
the Trac:t.
3. Accepcance ofauy bid shall be conditional upon payment oftbl pun:/Iuo
price in f\all within rixty (60) clays of the date ofchnuccion.
4. AdvertiMll\ent of &uctioo oldie Tract shall be published once, not less tUn
ten (10) days prior to the clare oldie public aw:Iion.
5. Thb Raolution IhaII become c/rcclivc immocliately upon adoption by the
CoWlcil oldie Dorovih ot'SbiFJlClllbwg.
ADOPTED this 20"' day oCOctobcr. 1998.
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BOROUGH COllNCIL OF'l'IlE BOROUGH
OJlltlUl"l"LI'ISBUJlC, ctJMBEIlI.AM) ANI)
~>DNSYLV_
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Al"PIlOVJ:.D this 20"' day of October, 1998.
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~ PETITIONER'S
I E~IBIT
S-/,J. '7&?h
AGREEMENT FOR ~A
PURCijASE OF REAL ESTATE '1^-
THIS AGREEMENT is entered in this It) tl... day of ~ 999, by and between
the BOROUGH OF SHIPPENSBURG, a municipal corporation, having a principal address
located at 60 West Burd Street, Shippensburg. Pennsylvania ("Borough"), and STANFORD
REALTY VENTIJRE, a Missouri joint venture qualified in Pemlsylvania and RASKAS
CHEESE PRODUCTS ofPENNSYL VANIA, INC., a Missouri corporation qualified to do
business in Pennsylvania and having a principal address located at 205 Dykeman Road,
Shippensburg. Pennsylvania ("Stanford"). Raskas Cheese Products, Inc. is an affiliate of
Stanford Realty Venture.
In consideration of the promises and mutual covenants contained herein and intending to
be legally bound hereby, the parties agree as follows:
1. Purchase and Sale:
Subject to the terms and condition contained in this Agreement, Borough hereby
agrees to sell and convey to Stanford and Stanford agrees to purchase all of Borough's interest
in and to a certain tract ofland approximately 5.274 acres in size situate in Shippensburg,
Cumberland County, Pennsylvania as more particularly described in Exhibit "A" attached
hereto and incorporated herein (the "Property").
2. Price and Terms:
Stanford was the successful bidder at a public auction held by the Borough on
November 27, 1998. The purchase price as established by public auction held on November 27,
1998 for the Property is Five Thousand Dollars ($5.000.00) per acre or Twenty-Six Thousand
Three Hundred Seventy Dollars ($26,370.00) (the "Purchase Price"), to be paid by Stanford by
certified check or other immediately available funds at Closing. A deposit of Two Thousand Six
Hundred Thirty-Seven Dollars ($2,637.00) representing ten percent (10%) of the Purchase Price
has been paid in cash by Stanford on the day of the auction of the Property (the "Deposit"). The
Deposit is being held by the Borough and shall be credited against the Purchase Price at Closin .
~ PETITIONER'S
I E'1!lIBIT
E.~I, I ~.t t>.
Sol.;}-
3, CloslllR:
Closing on this Agreement shall occur on or before Fcbruary 25, 1999 (such date
shall be hereinafter referred to as "Closing" or Closing Date"), unless an extension is mutually
agreed to by the panics. Closing shall be held in the offices of the Borough or such other
location as may be mutually agreeable to both parties.
4. l11I.l::
(A) The Property is to be conveyed on the Closing Date by Special
Warranty Deed conveying to Stanford good and marketable fee
simple title, subject to building restrictions, zoning regulations,
easements, right-of-way, reservations and other restrictions,
zoning regulations, easements, rights-of-way, reservations and
other restrictions of record or visible on the Property.
(B) If the Borough is unable to provide good and marketable title.
subject to the aforesaid, Stanford shall have the option to taking
such title as the Borough can give without abatement of price,
or of declaring the Borough in default under Section 13 oflhis
Agreement.
5, Closlnl' Contlnlrenc:y
Stanford shall be afforded the opportunity to obtain a satisfactory title commitment and
Phase I environmental report prior to Closing. Costs for such title commitinent and Phase I
environmental report shall be borne solely by Stanford. Stanford, its agents or assigns, is hereby
provided access to the subject property prior to Closing for purposes of completing the Phase I
environmental report. If Stanford is unable to secure a satisfactory title commitment and/or
Phase I environmental report, Stanford shall have the ability to exercise its rights pursuant to
Section 14 oflhis Agreement.
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6. Cloolnv COlb:
All state and local real estate documentary, transfer and recording taxes and expenses
with respect to the Property shall be borne by Stanford. Stanford shall pay any inspection
costs. title insurance premiums, subdivision costs and governmental approval costs. including
costs and attorney's fees related to the obtaining of court approval and/or other governmental
approvals for the sale of the Property. The attorney's fees related to obtaining court approval
shall not exceed Seven hundred and fifty dollars ($750.00).
7, POlsenlon and Tender:
Possession shall be delivered by deed and physical possession of the Property at
the time of Closing. frce and clear of all leases, options, tenancies and rights of occupancy by
others.
8. Sewave Faclll(y:
The Pennsylvania Sewage Facilities Act requires that there be a statement
regarding the availability of a community sewage system. The parties hereto shall initial the
appropriate space below:
s(.
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xx (A) The Property is not presently serviced by a community sewage system as
it exists as raw land. However, public water and sewer are available to the
adjoining property presently owned and operated by Stanford.
(If the Property is not so serviced, check (B) or (C) below.)
(B)Stanford is hereby advised that there is no currently cxisting
cornmunity sewage system available to the Property. There is a
permit for the operation of an individual sewage system for the
Property, and said permit has been exhibited by Borough to Stanford.
(C) Stanford is hereby advised that there is no currently existing
community sewage system available to the Property and that a
permit for an individual sewage system will have to be obtained
from the appropriate local agency pllISWlIlt to the Pennsylvania
Sewage Facilities Act. Before signing this Agreement, Stanford
should contact the appropriate local agency that administers the
Pennsylvania Sewage Facilities Act to detennine the procedures
and requirements for obtaining a permit for an individual sewage
system.
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9, Condition of Property:
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Stanford acknowledges that it is purchasing th~ Property in an "No Is"
Condition. Stanford further acknowledges that the Property is unimproved and that Stanford is
purchasing the Property in an unimproved condition. The Borough makes no representation or
warranties with respect to the Property. Stanford acknowledges that it has not relied upon any
representations and warranties with respect to the subject property.
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10, R~presentatJon of The BorouJrh:
The Borough makes the following representation to Stanford:
(A) Ol'isnlzatlon and Authorl~ of The Boroueh:
The Borough is a duly organized, validly existing
municipality under the laws of the Commonwealth of
Pennsylvania. Upon applicable court approval, the Borough
will have the power and authority to execute. deliver and
perform this Agreement and all other instruments and
documents required to be delivered by it to Stanford at Closing.
(H) Absence of ConOlctlnJr AJrreements:
(C) Title to Property:
Neither the execution or delivery of this Agreement nor the
performance by the Borough of the transaction contemplafed
hereby and thereby, materially conflicts with or constitutes a
material breach of any contract, agreement or instrument to
which the Borough is a party.
Borough has good and marketable title to all of the Property,
subject to no mortgage, pledge, lien, restriction. claim,
security interest or other encumbrance, and has the full
power. right and authority to transfer, assign and convey
clean title to Stanford upon approval by the court.
(D) Ownership by Property:
The Property is owned of record and beneficially by the Borough.
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(E) Zonln2:
The present use of the Property is industriallconuncrcial and is
in compliance with the applicable zoning classification
without any variances or use pennilS as it is presently
unimproved real estate.
11. Representatlnns and Warranties of Stanford:
Stanford makes the following representation and warranties to thc Borough.
(A) Power and Authorl(y:
Stanford has the power and authority to execute, deliver and perfonn
this Agreement, and as of the Closing Date, Stanford will have the power
and authority to execute and deliver the instruments and
agreements required to be delivered by it to Borough at the Closing
(collectively, the "Stanford Transaction Documents").
(B) Blndlnl1 Aereement:
, This Agreement has been duly executed and delivered by Stanford.
This Agreement is. and when executed and delivered by Stanford each of
Stanford Transaction Documents will be, the
legal, valid and binding obligation of Stanford, enforccable against it
in accordance with their respective terms, except as their
enforcement may be limited by bankruptcy, insolvency, " .
moratorium, reorganization or other similar laws relating to or
affecting the enforcement of creditors' rights generally, and except
that the availability of specific perfonnance. injunctive relief or
other equitable remedies is subject to the discretion of the court
before which any such proceeding may be brought.
(C) Absence of Conntctine Aereements:
Neither the execution, delivery or perfonnance oflhis Agreement
or any of Stanford Transaction Documents by Stanford nor the
perfonnance by Stanford of the transactions contemplated hereby
and thereby, materially conflicts with, or constitutes a material
breach of or a material default under any applicable law, mIe,
judgment, order, writ, injunction, or decree of any court, in effect
at the date of this Agreement or any applicable rule or regulation of
any administrative agency or other governmental authority in
effect as of the date oflhis Agreement; or any agreement,
indenture, contract or instrument to which Stanford is a party or
bound.
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12. Broker:
Both parties state and represent that they have not been represented by,
nor have they employed a realtor, broker, linder or agent relative to this transaclion (except for
employment by the Borough of an auctioneer), that no fees or commissions arc due and that
each releases and hold hannless the other as to any claims related to such fees or commissions.
13. RIsk of LoS!:
Risk ofloss of the Propcny shall remain upon the Borough until Closing. Iftherc
shall occur a material change in the physical condition of the Property between the date hereof
and the time of the Closing, Stanford shall have the option to: (a) void this Agreement, all
parties shall be relieved of liability hereunder and Stanford shall have the right to have the
deposit returned. or (b) elect to proceed with the Closing and pay the full consideration. in
which the Borough shall assign to Stanford any insurance proceeds to which the Borough may
be entitled as a result of the change in condition. To exercise its right under this Paragraph 13,
Stanford shall give written notice to the Borough prior to the delivery of the deed. If Stanford
fails to give such written notice, Stanford shall be conclusively deemed to have chosen option
(b).
14. Derault of Parties'
If the Borough fails to perfonn any of the tenns or conditions of this Agreement,
Stanford shall have the right to void this Agreement and have the Deposit returned.
If Stanford defaults in its obligation to conswnmate Closing under this
Agreement, the Borough shall be entitled to retain the Deposit as liquidated damages for such
default, as Borough's sole remedy in lieu of any other rights and remedies of Stanford for
breach hereof, and thereupon neither party shall have any further claim or obligation to the
other hereunder.
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IS. Condltlonl Precedent to Rorouih'l Oblla_tlonl:
The obligations of the Borough shall be contingent upon the approval of the sale
by the Court of Common PlellS of Cumberland County. The obligations of the Borough shall
also be contingent upon subdivision approval and any other applicable governmental approval.
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16,
Mllcellaneoul:
(A) Successor _nd ASllanl:
I
This Agreement shall be binding upon and inure to the benefit
of the heirs. successors, executors, administrators. legal
representatives, and proper llSsigns of the respective parties.
(B) Entire Aereement: Counter:partl:
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This Agreement constitutes the entire understanding betwccn
the parties with respect to the matters addressed herein. There
are no covenants, promises, agreements, conditions. or
understandings, either oral or written between them other than
are contained herein. No alteration, amendment, change. or
addition to this Agreement shall be binding upon any party
unless reduced to writing and signed by each party. This
Agreement may be executed in counterparts, each ofwhicb
shaH be deemed an original and all of which shall constitute
one with the same Agreement.
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(C) Governlnl: Law:
This Agreement shall be construed and governed by the laws
of the Commonwealth of Pennsylvania. This Agreement is
entered into in Cumberland County, Pennsylvania.
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THE BOROUGH OF SHIPPENSBURG
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IN WITNESS WHEREOF, and intending to be legally bound hereby, the panies have
executed this Agreement For Sale of Real Estate as of the day and year first above written.
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ATIEST:
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ATTEST:
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ATTEST:
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STANFORD REALTY VENTIJRE
("STANFORD")
By: ,/i..,.: .L ,1\. ~-
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Subdivision & Dlvllopmlnt ptans
Property Surveys
Construction 8lakt-out
TopographiC: Survaya
OPS SaIVle..
CARL BERT & ASSOCIATES
PlvlwloaallMod SurverolS
20 Eut Surd SlIa.t
BhippeJllluv, Pa. 17257
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Cari D. Dcn. PLS
Stet'fn 1'. Wolle, PLS
Gregory N. Wengert. PLS
March 24, 1999
page 1
LEGAL DESCRIPTION OF
LAND TO BE CONVEYED BY
THE BOROUGH OF~HIPPENSaURG
TO
STANFORD REALTY VENTURE
All that certain parcel of land s~uate on the South and West side 01 Dykeman
Road In the Borough of Shippensburg, Cumberland County, Pennsylvania. and
being shown as Lot" 11 on a "Land Subdivision for Borough of Shippensburg"
dated December 23, 1998 as.prepared by Cart Bert & Associates, Professional
Land Surveyors, recorded In Cumberland County Plan Book 78, Page 73; being
bounded and described as follows:
BEGINNING at an Iron pin, said iron pin is on thesoulhern right-of-way line of
Dykaman Road at comer of land now or formerly of Stanford Realty Venture known as
Lot" 10. said Iron pin being thirty feel right oflhe centerline slationing for Dykeman
Road at Station 10+00.00; THENCE with the southern right-of-way line of the sixty
(60) foot Wide Dykeman Road right-of-way, North sixty five (65) degrees, twenty eight
(28) minutes. ten (10) seconds East, two hundred twelve and sixty one (212,61)
hundredths feet to an iron pin; THENCE continuing by the said sixty (60) foot wide
Dykeman Road rfght-of-way by curve to the right havingtbe following characteristics:
Radius two hundred and ,zero (200.00) hundredths feet, Arc Length two hundred forty
eight and ninety seven (248.97) hundredths feel. DeHaseventy one (71) degrees,
nineteen (19) minutes, twenty six (26) seconds, Chord Bearing of North seventy eight
(78) degrees fifty two (52) minutes, seven (07) seconds East and a Chord Distance of
two hUndred thirty three and twenty (233.20) hundredths feet to an iron pin; THENCE
continuing by said Dykeman Road right-of.way South forth three (43) degrees. twelve
(12) minutes. twenty four (24) seconds East, four hundred ten and sixty seven
(410.67) hundredths feet to an iron pin on the said Dykeman Road right-of-way at !he
comer of other lands of the Borough of Shippensburg; THENCE wllh land now or
formerly of the Borough of Shippensburg, South sixty fIVe (65) degrees. twenty eight
(28) minutes, ten (10) seconds West. five hundred thirty three andilfty eight (533.58)
hundredths feet to a concrete monument on line of other lands of Stanford Realty
Venture; THENCE with land of Stanford Realty Venture which this parcells being
I\ENGINE_IISERVER_DI WordPn,<\DA T AICrnberindlCsb981\deseriplion.,doc
FIlO1 SHIPPE/1S1lKo IlCJ>CU.H
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May. 11 1m OJ: 1'3PI1 P2
Prool of Publication of Notice in
THE NEWS-CHRONICLE
COUNTY OF CUMBERLAND
COMMONWEALTH OF PENNSYLVANIA
BOS 78
BAR8AIV. C. THOMPSON. being duly SWom aCCOrd,ng 10 law, d.pa.... and ..ys INI <h. ....id.. in Soulh.tmplon
TOWllllUp, Counly of Fronklin, and Cornmonw.afth 01 Pennsylvania: INI ,hI is Ih. EDITOR of Th. Nlws.Chronlcl., I
COIpO,aUM duly organized under 11-. laws O/lho Commonw..lth of P.nnsylvanla, hIving 11$ omc.s Ind principal plac.
01 business in Ih. Township of Shipplnsbu,g. COWlty 01 Cumborland ond Commonw..lth 01 PeMSylvon~; lhat she is
luthori..d to and doe> make this a"idav;t on ," bahall. Ihat TI,. New"Chronide Comrany w.. est.blished August 27,
1927; ,hll il publish.. "Th" News'Chronicll-; Ihe SaId "The News.Chronirlo" has ~n issued ,,,&ularly Umi'w..kly
sintl August 27, 1927 in soid County 01 Cumb.rland; that Ihe pronled nOllco. odvollioem"nt or publicaeion aUachod
lIt"'to i. '''.lIy Ihe S.mo o. was prln/ed ond publoshed in Ih. "'sul.r ed,hons and issues of Iho ,oid "The News_
Cluonlcl.." on thlloUowlngdatos, vis, NOVEMBER 19, 1998
Co of NOlice of PUblie.lio
Public Sale
, OF
: BEALESTAT&
~ foDowiryr wiI1 ~ o/I'.red foJ' publie .al.
Iocaledat the BcirOuIJ;oIS!lippenaburgom.....
60 West Burd Street; Sblppenoburr, PA; on,
' , J'JUDAY.NOV.l'T,I998_11 A.M.
. REALE8'rAmi An unimprovedpa...1 of
ii~Yinlhe,SbljlpensbJUgIDd1U,triaI~~k.
Dyqman1load,Sb;pllOl)Sburg,PA,con~
U74ac:ns. moreor 1..~: 'I'bero1lowlngspecilie
prvvl~. &hall appl.f: (~). .The Bo':Ough has a
richt lit implement a lIWWDum bid amounl,
(2),.cronnc must taIr.~ pI.... within sixty (60)
cU,,,of the auction P\ll'llWUlt to the Borouen
,co.W..(3ltSeUl8ment iscon~~ upon court
approval ortbatransfar. Condition ofl:ran.for
i& lha~ all l'iquiftd governm.nt approval for
lranaferOt'prOp..rtyobtained. (4). Ten (10) per.
cent dowll on day oC tale. Further ~I'II)' and
conclitiol18on clay oCtal.. Formoreinfonnation,
cal! (717) 232-9420.
'.. 'BOROUGH OF Snu-1I'!!ONSBUR(l
! ~~mt)': SaIz1iwm a. DePauli., P.O.
; Auctioneer: Dan H"rshey Al1ctioneering
Service. ,
Deniust. GeuhaD, Prop., "".. , ,',
PA Ue. IAV-002306.L PhOne: C717J632-464T
. -.'"
Adv. NO Nov. 19 ,
ArnOtnl furlher dcpostJ ch.1I sho ;"d The Ncws.Chronrtlc Comp~ny ite not
Inlercsfcd in (he suhjccl m~lIcr of Ihe ~(Qrc~:aid "olice of ~d"'cniscmc:nl. and Ih::n
:all ~IICt.lljons in Ihe fore,oinC II.flcmenl :ar 10 lrme, pl:acc: :lnd ch:arilc(cr of
public.:uion Itc ltlle Jnd tOfTecr.
'-4~.C..~..
Sworn 3nu subscribed 10 before me this.........l,O,th...............,d3y of
"....,........~A:i,.................,. 19..9~ /J-1ff
.......~~~p...........
". NolartaI SOaI
My CommISSIOn ..plre.............. '....'.fl~S:'Rljjgi;'flOlioiY'FtiIiIlC...... ,
ShiPlltllSburg 1Wp,. c~ County
My Commislion &pims Nov. 28. 2001t
TO THE NEWS-CHRONICLE, Dr. ,
For publishing lhe nOlice al13ched herero
on Ihe slaled dales................................ $.................
'fid ' '$ 2.00
A", avll"..,.........."".................:.......... ..,..............
"'01"1 .........."...,'...,. $,,?.....Q,9.......
Jl..................................
~ PETITIONER'S
I EXHIBIT
s-/;):; ~~
IN RE: REAL ESTATE SITUATED: IN THE COURT OF COMMON PLEAS OF
AT DYKEMAN ROAD CUMBERLAND COUNTY, PENNSYLVANIA
BOROUGH OF
SHIPPENSBURG :
CUMBERLAND COUNTY, :
PA. 99-1998 CIVIL TERM
ORDER OF COURT
AND NOW, this 13th day of May, 1999, the order of May 12, 1999, being In
error. it is vacated and replaced with this order. The petition of the Borough of
Shippensburg to sell a vacant tract of land approximately 5.274 acres situated along
Dykeman Road in the Shippensburg Industrial Park to the Stanford Realty Venture for
$26,370. IS APPROVED.
c
/
Edgar B. Bayley.
G. Bryan Salzmann, Esquire - CoJ'j m'a: lcc.l .tll'
For the Borough of Shippensburg J
:saa