My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2007-272
CBCC
>
Official Documents
>
2000's
>
2007
>
2007-272
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/14/2016 12:37:42 PM
Creation date
9/30/2015 11:04:13 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/14/2007
Control Number
2007-272
Agenda Item Number
7.CC
Entity Name
John Flaig
Subject
Purchase Agreement
Area
1575 43rd. Ave.
Supplemental fields
SmeadsoftID
6505
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
6
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
would impair or otherwise affect title to any portion of the Property , and shall record no <br /> documents in the Public Records which would affect title-to the Property, without the prior written <br /> consent of the County. <br /> 4 . 3 There are no existing or pending special assessments affecting the Property, which are or <br /> may be assessed by any governmental authority , water or sewer authority, school district, <br /> drainage district or any other special taxing district. <br /> 5 . Default. <br /> 5 . 1 In the event the County shall fail to perform any of its obligations hereunder, the Seller <br /> shall , at its sole option , be entitled to : ( i) terminate this Agreement by written notice delivered to <br /> the County at or prior to the Closing Date and thereupon neither the Seller nor any other person <br /> or party shall have any claim for specific performance , damages , or otherwise against the <br /> County; or (ii) waive the County's default and proceed to Closing . <br /> 5 . 2 In the event the Seller shall fail to perform any of its obligations hereunder, the County <br /> shall , at its sole option , be entitled to : ( i) terminate this Agreement by written notice delivered to <br /> the Seller at or prior to the Closing Date and thereupon neither the County nor any other person <br /> or party shall have any claim for specific performance , damages or otherwise against the Seller; <br /> or (ii) obtain specific performance of the terms and conditions hereof; or ( iii ) waive the Seller's <br /> default and proceed to Closing : <br /> 6 . Closing . <br /> 6 . 1 The closing of the transaction contemplated herein ("Closing " and " Closing Date") shall <br /> take place within 60 days following the Effective Date of this Agreement. The parties agree that <br /> the Closing shall be as follows : <br /> (a) The Seller shall execute and deliver to the County a warranty deed conveying marketable <br /> title to the Property , free and clear of all liens and encumbrances and in the condition required by <br /> paragraph 3 . <br /> ( b) The Seller shall have removed all of its personal property and equipment from the <br /> Property and Seller shall deliver possession of the Property to County vacant and in the same or <br /> better condition that existed at the Effective Date hereof. <br /> (c) If Seller is obligated to discharge any encumbrances at or prior to Closing and fails to do <br /> so , County may use a portion of Purchase Price funds to satisfy the encumbrances . <br /> (d ) If the Seller is a non - resident alien or foreign entity , Seller shall deliver to the County an <br /> affidavit , in a form acceptable to the County, certifying that the Seller and any interest holders <br /> are not subject to tax under the Foreign Investment and Real Property Tax Act of 1980 . <br /> (e ) The Seller and the County shall each deliver to the other such other documents or <br /> instruments as may reasonably be required to Close this transaction . <br /> F Tublic Works\Capital Projects\43rd AvctAgreennen&Tla1e7-6-07. doc 2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.