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2016-014
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2016-014
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Last modified
10/21/2016 11:21:18 AM
Creation date
2/3/2016 11:51:02 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/02/2016
Control Number
2016-014
Agenda Item Number
13.A.
Entity Name
Bent Pine Golf Club
Subject
Agreement to Purchase Real Estate Five Parcels
Kings Music Land Lots 10, 11,13, 14,15, 16
Deed.Title Insurance indemnity Agreement Settlement Statements
Area
58th Avenue Lots Bent Pine
Document Relationships
2016-139
(Cover Page)
Path:
\Official Documents\2010's\2016
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4. Representations of the Seller <br /> 4.1 Seller is indefeasibly seized of marketable, fee simple title to the Property, and is the <br /> sole owner of and has good right, title, and authority to convey and transfer the Property <br /> which is the subject matter of this Agreement, free and clear of all liens and <br /> encumbrances. <br /> 4.2 From and after the Effective Date of this Agreement, Seller shall take no action <br /> which would impair or otherwise affect title to any portion of the Property, and shall record <br /> no documents in the Public Records which would affect title to the Property, without the <br /> prior written consent of the County. <br /> 4.3 There are no existing or pending special assessments affecting the Property, which <br /> are or may be assessed by any governmental authority, water or sewer authority, school <br /> district, 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 <br /> Seller shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice <br /> delivered to the County at or prior to the Closing Date and thereupon neither the Seller nor <br /> any other person or party shall have any claim for specific performance, damages, or <br /> otherwise against the 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 <br /> County shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice <br /> delivered to the Seller at or prior to the Closing Date and thereupon neither the County nor <br /> any other person or party shall have any claim for specific performance, damages or <br /> otherwise against the Seller; or(ii) obtain specific performance of the terms and conditions <br /> hereof; or (iii) waive the Seller's default and proceed to Closing: <br /> 6. Closing. <br /> 6.1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") <br /> shall take place within 60 days following the Effective Date of this Agreement. The parties <br /> agree that the Closing shall be as follows: <br /> (a) The Seller shall execute and deliver to the County a warranty deed conveying <br /> marketable title to the Property, free and clear of all liens and encumbrances and In the <br /> condition required by 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 <br /> same or better condition that existed at the Effective Date hereof. <br /> F-1Attorne}kBilMgreementsiBent Pine 58th Avenue IotiPurchase Contract.doc -2- <br />
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