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JAN-09-2004 11 : 16 P . 02 <br /> 7 . Leases City shall have all tenants notified to vacate the site by the closing date unless <br /> the tenants have made other arrangements with the County. City will ensure that drums, <br /> tanks and debris identified in the Phase II Environmental Assessment performed by <br /> GeoSyntec Consultants are properly removed by tenants prior to closing , If any releases <br /> and/or fines due to improper chemical storage and handling occur between execution of <br /> this agreement and closing, Indian River County reserves the right not to close, or to <br /> delay closing until such identified environmental hazards are removed by the tenants <br /> and/or City. <br /> S . Expenses Documentary stamps on the deed and recording of corrective instruments <br /> shall be paid by City. County will pay the cost of recording the deed. <br /> 9 . Condition of Property+ City and County acknowledge that the buildings and structures <br /> on the Property will be demolished by County to construct a new County Administration <br /> complex . Therefore, City makes no warranties of any kind concerning the condition of <br /> the buildings or other structures on the Property. County shall take the Property "AS-IS" <br /> and shall make no claim against the City for any condition (other than as set out in 7 <br /> above) on, in, over, or under the Property, whether discovered before or after closing . In <br /> this regard County acknowledges that it has had ample opportunity to inspect the <br /> Property and perform what tests it desires , and is satisfied that the Property will suffice <br /> for its intended use. City does warrant that there are no facts known to City materially <br /> affecting the value of the Property which are not readily observable by County or which <br /> have not been disclosed to County. <br /> 10. Development ARplications City grants County the autho6ty to initiate any needed <br /> requests for land use modifications such as rezonings, plat vacations, street vacations, <br /> easement releases , site plan applications, etc. prior to closing date. City reserves the right <br /> to defer any decision on any and all such applications until after the actual closing date . <br /> In Witness whereof the undersigned parties have executed this contract for sale <br /> and purchase on the date written above. <br /> ATTEST : CITY OF VERO BEACH, FLORIDA ' <br /> Sign: Sign; <br /> Print : Tammy K. Voek Print : Sandra L . Bowden <br /> Title ; City Clerk Title : Mayor <br /> NXityAtr1y\ ST1\Client Docs'Ci;y Manager\Leases-Agrccments-Contracts\Contmcl for Sale and Purchase.IRC .Admin .building.doc <br />