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R2019-182 Resolution Authorizing Agreement Between the City of Decatur and Michael D. Deatherage - Portion of Library Parking Lot
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R2019-182 Resolution Authorizing Agreement Between the City of Decatur and Michael D. Deatherage - Portion of Library Parking Lot
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Last modified
2/3/2021 10:39:16 AM
Creation date
11/19/2019 3:35:23 PM
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Resolution/Ordinance
Res Ord Num
R2019-182
Res Ord Title
R2019-182 Resolution Authorizing Agreement Between the City of Decatur and Michael D. Deatherage - Portion of Library Parking Lot
Department
Legal
Approved Date
11/18/2019
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authorized to execute this Agreement an beha.if of the party for wha the Agreement is signed. <br /> I3. 'Thits Agreement is expressly contingent upan payment of the agreed purchase price <br /> by Buyer to City, Buyer providing the signed permanent easements to City,and Buyer seal <br /> coating a.nd striping the parking lot by June 30,2020. <br /> 14. This is an enfarceable Agreement placing specific obligations on the City and the <br /> Buyer. Either Pariy is entitled to all legal remedies available under 1aw or equity, including suit <br /> for specifie perfarmance or damages. <br /> 15. Time shail be considered to be of the essence of this Agreement. <br /> 16. This Agreement contains the entire understanding of the parties hereto in respect of <br /> the transactions contemplated hereby and supersedes a.11 prior agreements and understandings <br /> between the parties with respect to such subject matter there being NQ 4RAL REPRESENTA- <br /> TIONS. Buyer represents that Buyer has been advised�ay City to cansult an attorney priar to <br /> signing this Agreement and acknowledges that it has read and understands each and every part <br /> of this Agreement. <br /> 17. Buyer acknawledges Buyer has inspected the property and is acquainted with the <br /> Condition thereof. Buyer accepts the same in AS IS�'YIIERE IS CONDITI4N,with N4 <br /> REPRESENTATIONS OR WARRANTIES EITHER WRITTEN UR IMPLIEll. BUYER <br /> WARRANTS THAT BUYER IS PURCHASING THE PROPERTY ON AN AS IS, <br /> WHERE IS BASIS AND ACKNOWLEDGES THAT NEITHER SELLER NOR ANY OF <br /> ITS RESPECTIVE AGENTS,EMPLOYEES,OFFICERS OR DIRECTQRS MADE ANX <br /> WARRANTIES QF A1YY I�ND,EXPRESS C1R IMPLIED,EITHER ORAL QR <br /> WRITTEN WHETHER OF HABITABILITY,MERCI�ANTABILITY,FITNESS F4R A <br /> PARTICULAR PURPOSE,CQNDITION OF IMPROVEMENTS,ENVIRONMENTAL <br /> CONDITION OR OTHERWISE,AND ANY SUCH WARRANTIES ARE HEREBY <br /> DISCLAIMED BY CITY. WITHOUT LIMITING THE GENERATLITY OF THE <br /> FOREGOING,NEITHER CITY,NUR ANY UF ITS AGENTS,EMPLOYEES, <br /> OFFICERS OR DIRECT4RS MAI�:.ES ANY REPRESENTATIaN UR WARRANTIES <br /> RELATING TQ,QR ASSUMES AN'Y LIABILITY FQR INACCURACIES,ERRORS 4R <br /> �� <br />
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