My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2011-032
CBCC
>
Official Documents
>
2010's
>
2011
>
2011-032
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/12/2016 2:13:53 PM
Creation date
10/1/2015 1:37:41 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/08/2011
Control Number
2011-032
Agenda Item Number
13.A.
Entity Name
Gamma Delta Corporation
Subject
Right of Way 66th Avenue Pond Parcel
Purchase Agreement
Area
66th Avenue between 41st. and 45th St.
Supplemental fields
SmeadsoftID
9237
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
41
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
i <br /> of the Ownership and Encumbrance Report , deliver written notice to Seller of title <br /> defects . Title shall be deemed acceptable to County if (a ) County fails to deliver <br /> notice of defects within the time specified , or ( b ) County delivers notice and <br /> Seller cures the defects within thirty ( 30 ) days from receipt of notice from County <br /> of title defects (" Curative Period ") . In no event will Seller be required to spend <br /> more than three ( 3 % ) percent of the Purchase Price or file suit to cure title defect , <br /> but Seller shall use best efforts to cure the defects within the Curative Period and <br /> if the title defects are not cured within the Curative Period , County shall have <br /> thirty ( 30 ) days from the end of the Curative Period to elect , by written notice to <br /> Seller , to : ( i ) to terminate this Agreement , whereupon the agreement shall be of <br /> no further force and effect , or ( ii ) extend the Curative Period for up to an <br /> additional 90 days ; or ( iii ) accept title subject to existing defects and proceed to <br /> closing . <br /> 4 . Title to Parcel 406 <br /> Seller shall convey a perpetual non -exclusive easement for access and drainage <br /> over Parcel 406 free of claims , liens , easements and encumbrances of record or known <br /> to Seller ; but subject to property taxes for the year of Closing for use as a stormwater <br /> retention pond for the County' s 66th Avenue improvement project and subject to <br /> covenants , restrictions and public utility easements of record provided ( a ) there exists at <br /> Closing no violation of any of the foregoing ; and ( b ) none of the foregoing prevents <br /> County' s intended use and development of the Parcel 406 . Assuming the County <br /> creates a stormwater pond on Parcel 406 before Seller creates a joint stormwater <br /> retention pond pursuant to paragraph 9 . 11 below , the County shall own the fill dug from <br /> Parcel 406 . <br /> 4 . 1 County may order an Ownership and Encumbrance Report with respect to <br /> Parcel 406 . County shall , within thirty ( 30 ) days from receipt of the Ownership <br /> and Encumbrance Report , deliver written notice to Seller of title defects . Title <br /> shall be deemed acceptable to County if (a ) County fails to deliver notice of <br /> defects within the time specified , or ( b ) County delivers notice and Seller cures <br /> the defects within thirty ( 30 ) days from receipt of notice from County of title <br /> defects (" Curative Period ") . In no event will Seller be required to spend more <br /> than three ( 3 % ) percent of the Purchase Price or file suit to cure title defects , but <br /> Seller shall use best efforts to cure the defects within the Curative Period and if <br /> the title defects are not cured within the Curative Period , County shall have thirty <br /> ( 30) days from the end of the Curative Period to elect , by written notice to Seller, <br /> to : ( i ) to terminate this Agreement , whereupon shall be of no further force and <br /> effect , or ( ii ) extend the Curative Period for up to an additional 90 days ; or ( iii ) <br /> accept title subject to existing defects and proceed to closing . <br /> 5 . Representations of the Seller. <br /> 5 . 1 Seller is indefeasibly seized of marketable , fee simple title to the Property , <br /> and is the sole owner of and has good right , title and authority to convey and <br /> 2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.