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2014-097
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2014-097
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Last modified
3/13/2017 12:38:43 PM
Creation date
1/5/2017 12:23:50 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
07/15/2014
Control Number
2014-097
Agenda Item Number
8.G.
Entity Name
Three Dogs & A Horse LLC
Audrey Graves Sexton Trust
Subject
Right of Way Purchase Agreement
Deed
Area
66th Ave. south of 9th St. SW
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Original <br />6.1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") <br />shall take place within 45 days following the execution of the contract by the Chairman of <br />the Board of County Commissioners. The parties agree that the Closing shall be as <br />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 />(c) If Seller is obligated to discharge any encumbrances at or prior to Closing and fails <br />to do 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 <br />an affidavit, in a form acceptable to the County, certifying that the Seller and any interest <br />holders are not subject to tax under the Foreign Investment and Real Property Tax Act of <br />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 />6.2 Taxes. All taxes and special assessments which are a lien upon the property on or <br />prior to the Closing Date (except current taxes which are not yet due and payable) <br />shall be paid by the Seller. <br />7 Closing Costs; Expenses County shall be responsible for preparation of all Closing <br />documents <br />7.1 County shall pay the following expenses at Closing: <br />7.1 1 The cost of recording the warranty deed and any release or satisfaction obtained by <br />Seller pursuant to this Agreement. <br />7.1 2 Documentary Stamps required to be affixed to the warranty deed. <br />7.1.3 All costs and premiums for the owner's marketability title insurance commitment and <br />policy, if any <br />7.2 Seller shall pay the following expenses at or prior to Closing: <br />4 <br />
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