My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2019-170 Resolution Authorizing City Manager to Purchase Property Located at 855 N. Fairview Ave., Decatur, IL
COD
>
City Clerk
>
RESOLUTIONS
>
2019
>
R2019-170 Resolution Authorizing City Manager to Purchase Property Located at 855 N. Fairview Ave., Decatur, IL
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/13/2020 11:12:29 AM
Creation date
11/8/2019 9:34:03 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2019-170
Res Ord Title
R2019-170 Resolution Authorizing City Manager to Purchase Property Located at 855 N. Fairview Ave., Decatur, IL
Department
Fire
Approved Date
11/4/2019
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
3.3 Both Seller and Buyer agree: <br /> (a) To comply with the requirements of the Real Estate Settlement Procedures <br /> Act; <br /> (b) At any time after the date hereof, architects and engineers of Buyer shall have <br /> reasonable access to the Premises for the purpose of ineasurement and preparation of design <br /> plans for Buyer,provided such access cannot unreasonably interfere with the usual business <br /> of Seller performed on the Premises. Buyer shall indemnify and hold Seller harmless from <br /> and against all losses, costs, damages and liabilities arising out of Buyer or any of its <br /> employees, agents or contractors entering the Premises. <br /> 3.4 Closing. The time and place of settlement on the date of closing shall be fixed <br /> by mutual agreement of the parties not more than 120 days after the effective date of this <br /> Contract. As used in this Contract, "Effective Date of this Contract" means the date that <br /> both parties have executed this Contract and received a fully executed original of this <br /> Contract. <br /> (a) At the settlement Buyer shall deliver to Seller or cause to be paid: <br /> (� All documents as Seller's counsel may reasonably require. <br /> (n) An amount equal to the cost of recarding any release of indenture of <br /> mortgage or trust deed; and, <br /> (m� An amount equal to the cost of Illinois revenue stamps if required to <br /> be affixed to Seller's quitclaim deed. <br /> (iv) An amount equal to any and all costs associated with the transfer of <br /> ownership to Premises including but not limited to any real estate taxes unpaid and <br /> due after the date of closing prorated to the date of closing, based upon the last <br /> ascertainable real estate taxes on the Premises; the fee charged by the Title Company <br /> for closing the sale; the fee for recording the deed;the cost of an survey; and the cost <br /> of the title commitment and policy. <br /> (b) Seller shall deliver to Buyer: <br /> (i) Its executed quitclaim deed to the Premises, containing only those <br /> exceptions listed in subparagraphs (i) through (v), inclusive, of paragraph 3.2 (a) <br /> above. <br /> 3 <br />
The URL can be used to link to this page
Your browser does not support the video tag.