Introductory Note:
The following agreement approved by motion of Council is of
interest:
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(a)
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An untitled agreement with George O. and Margaret Ann Campbell
granting a perpetual right of way for use of a storm sewer running
directly from Fifth Street across property of said Campbell's
into Muncy Creek, said right of way to be eight feet wide. [7/11/1960]
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1-1. Authorizing execution of a purchase agreement providing
for sale by Hughesville Home Water Company of its tangible fixed assets
and real estate to the Borough of Hughesville. [Ord. 2-1968, 1/8/1968]
(The agreement provided for:
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(1)
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The transfer to the Borough of its right, title and interest
in and to the tangible fixed assets and real estate as listed in certain
schedules to the agreement, and accounts receivable;
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(2)
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A purchase price of $190,000;
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(3)
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The time and place of closing;
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(4)
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The escrow of a portion of the purchase price to cover claims
of unpaid creditors;
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(5)
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Treatment of outstanding and unpaid water bills;
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(6)
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Public Utility Commission approval and Certificate of Public
Convenience;
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(7)
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Water permit from Water and Power Resources Board;
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(8)
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The right of the Borough to terminate the agreement for certain
reasons;
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(9)
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Conditions precedent to the Borough's obligation;
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(10)
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The division of expenses and taxes;
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(11)
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The absence of brokerage fees;
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(12)
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Condition of approval by Orphans' Court of Dauphin County;
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(13)
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Notices;
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(14)
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The absence of damages for inability to perform;
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(15)
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The Borough's right of assignment; and
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(16)
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Release of liability.)
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