My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2020-171 Resolution Authorizing Real Estate Purchase Agreement 826 East Lawrence Street, City of Decatur, Illinois
COD
>
City Clerk
>
RESOLUTIONS
>
2020
>
R2020-171 Resolution Authorizing Real Estate Purchase Agreement 826 East Lawrence Street, City of Decatur, Illinois
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/18/2020 10:09:50 AM
Creation date
11/18/2020 10:09:49 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2020-171
Res Ord Title
R2020-171 Resolution Authorizing Real Estate Purchase Agreement 826 East Lawrence Street, City of Decatur, Illinois
Department
Econ and Com Dev
Approved Date
10/16/2020
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
11
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
CITY: SELLER: <br /> City Manager JeSSi& 'C'eA2 lex <br /> City of Decatur 6 o f S; W iS-e ST. <br /> One Gary K. Anderson Plaza <br /> Decatur, IL 62523 <br /> 9. City and Seller represent to each other that each has retained and relied or had the <br /> Opportunity to retain and rely on its own legal counsel, accountants and other <br /> professional advisers in connection with the negotiation,execution,and performance <br /> of this Agreement and its consequences,including,without limitation,tax <br /> consequences. City and Seller represent to each other that any such professional fees <br /> and expenses incurred in connection with this Agreement and its performance or in <br /> any other regard, shall be the sole obligation of that party, and each party shall pay <br /> its own expenses related to this Agreement and performance of its respective <br /> obligations hereunder. <br /> 10. Each signator to this Agreement warrants and represents that such signator is duly <br /> authorized to execute this Agreement on behalf of the party for who the Agreement <br /> is signed. <br /> 11. This Agreement is expressly contingent upon payment of the agreed purchase price <br /> by City to Seller. <br /> 12. This is an enforceable Agreement placing specific obligations on the City and the <br /> Seller. Either Party is entitled to all legal remedies available under law or equity, <br /> including suit for specific performance or damages. <br /> 13. Time shall be considered to be of the essence of this Agreement. <br /> 14. Seller is advised to review all easements, government regulations and restrictions <br /> before entering into this Agreement and to seek legal advice if assistance is required. <br /> 15. This Agreement contains the entire understanding of the parties hereto in respect of <br /> the transactions contemplated hereby and supersedes all prior agreements and <br /> understandings between the parties with respect to such subject matter there being <br />
The URL can be used to link to this page
Your browser does not support the video tag.