My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2000-266A
CBCC
>
Official Documents
>
2000's
>
2000
>
2000-266A
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/18/2024 3:17:04 PM
Creation date
7/16/2024 10:45:09 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
09/07/2000
Control Number
2000-266A
Agenda Item Number
7.M.
Entity Name
Los Angeles Dodgers, Inc.
Dodgertown
Subject
Agreement for Sale and Purchase
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
13
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
40 <br />40 <br />L-1 <br />Seller shall be obligated to undertake the compliance steps set forth in the site assessment, <br />provided, howeverLAhat in the event the site assessment provided for in this Section reveals that there will <br />be costs associated with ADA compliance, and such costs exceed $ I00,000, then the Seller shall have 30 <br />days from the date the site assessment is certified to or obtained by the Purchaser to terminate this <br />Agreement, thereupon releasing Seller and Purchaser fi-orn all future obligations hereunder. In the event <br />Seller elects not to tenninate this Agreement and undertakes such compliance steps, Seller and Purchaser <br />agree that the costs associated with such ADA compliance may be reimbursed to the Seller as pan of the <br />costs of the Improvements to be set forth in that certain Development Agreement dated as of September <br />1, 2000 (the "Development Agreement") between Seller and Purchaser. <br />SECTION 9. INTEREST CONVEYED, At closing, Seller shall deliver <br />to Purchaser statutory warranty deed in accordance with Section 6$4.02, Florida Statutes. conveying; <br />marketable title to the Property in fee simple free and clear of all liens, reservations, restrictions, easements, <br />I eases, tenancies and other encumbrances, except for those that are Permitted Exceptions as described <br />above. <br />The interest conveyed shall be expressly subject to and provide that if Purchaser cccts to sell <br />the Property at any time during the "Term" of the Lease Agreemcnt, the Seller shall have a first right of <br />rcfiical to purchase the Property and all improvements located thereon for the lowest purchase price which <br />the County would accept from a third party. The statutory warranty deed shall also reserve to and grant <br />the Seller an option to repurchase the Property, at its then fair market value (such fair market value to be <br />determined in the manner described in Section 10.07 of the Lease Agreement), at any time after the Bonds <br />to be issued by the Purchaser have been retired, provided that the Seller is still the lessee under the Lease <br />Agreement at the time of such repurchase. <br />SEC'T'ION 10. PREEARAIM QF CLOSING DOCUMENTS. Seller and <br />Purchaser shall execute the deed described in Section 9 of this Agreement, necessary closing statements <br />and the titleā possession and lien affidavit certified w Purchaser and title insurer in accordance with Section <br />627.7842, Florida Statutes, and any other instruments reasonably required to close. Whenever practicable <br />all prepared documents shall be submitted to Seller and Purchaser for review and approval at least 30 days <br />prior to the closing. <br />SECTION' 11. REVIEW FOR CLOSING, Seller and Purchaser will approve or <br />provide reasonable comments to all closing documentation to be provided under this Agreement as soon <br />as practicable after receipt. <br />SECTION I2. EXPENSES. Seller shall pay the documentary revenue <br />stamp tax and all other taxes or costs associated with the conveyance, excluding the recording fees to <br />record the deed required by Section 9 of this Agreement, arid Seller shall pay the costs of recording any <br />other recordable instruments which are necessary to assure good and mat-ketable title to the Property. <br />Purchaser shall pay the recording fees to record the deed required in Section 9 of this Agreement. <br />l9y <br />
The URL can be used to link to this page
Your browser does not support the video tag.