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R2022-38 Resolution Authorizing Real Estate Agreement-Angle Court
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R2022-38 Resolution Authorizing Real Estate Agreement-Angle Court
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Last modified
1/24/2023 5:07:41 PM
Creation date
3/8/2022 4:20:34 PM
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Resolution/Ordinance
Res Ord Num
R2022-38
Res Ord Title
R2022-38 Resolution Authorizing Real Estate Agreement-Angle Court
Department
Econ and Com Dev
Approved Date
3/7/2022
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executors,administrators,successors, and assigns of the parties hereto. <br /> 19.Buyer acknowledges Buyer has inspected the property and is acquainted with the Condition thereof. <br /> Buyer accepts the same in AS IS WHERE IS CONDITION,with NO REPRESENTATIONS OR <br /> WARRANTIES EITHER WRITTEN OR IMPLIED. BUYER WARRANTS THAT BUYER IS <br /> PURCHASING THE PROPERTY ON AN AS IS,WHERE IS BASIS AND ACKNOWLEDGES THAT <br /> NEITHER SELLER NOR ANY OF ITS RESPECTIVE AGENTS,EMPLOYEES,OFFICERS OR <br /> DIRECTORS MADE ANY WARRANTIES OF ANY KIND,EXPRESS OR IMPLIED,EITHER ORAL OR <br /> WRITTEN WHETHER OF HABITABILITY,MERCHANTABILITY,FITNESS FOR A PARTICULAR <br /> PURPOSE,CONDITION OF IMPROVEMENTS,ENVIRONMENTAL CONDITION OR OTHERWISE, <br /> AND ANY SUCH WARRANTIES ARE HEREBY DISCLAIMED BY CITY. WITHOUT LIMITING THE <br /> GENERATLITY OF THE FOREGOING,NEITHER CITY,NOR ANY OF ITS AGENTS,EMPLOYEES, <br /> OFFICERS OR DIRECTORS MAKES ANY REPRESENTATION OR WARRANTIES RELATING TO,OR <br /> ASSUMES ANY LIABILITY FOR INACCURACIES,ERRORS OR OMISSIONS CONTAINED IN ANY <br /> MATERIALS PROVIDED TO PURCHASER. <br /> 20.By executing this Agreement,Buyer expressly represents and agrees that Buyer is not relying upon any <br /> representation,warranty or statement by Seller,its employees,agents,officers or directors which differs from <br /> the disclosures made in this Agreement. Buyer acknowledges that Buyer in not buying any interest in a <br /> business or operating entity of any kind by and through this Agreement. Buyer acknowledges that Buyer has <br /> not relied upon any representations,warranties,statements or estimates of any nature whatsoever,whether <br /> written or oral,made by City or others,including,buy not limited to,any relating to the description of the <br /> physical condition of the Property,or the dimensions of the Property or any other physical element thereof,the <br /> estimated real estate taxes of the Property,the right to any income tax deduction for any real estate taxes or <br /> mortgage interest paid by Buyer,or any other data,except as may be specifically represented herein. Buyer has <br /> relied on Buyer's own examination and investigation thereof. No person has been authorized to make any <br /> representation or warranty on behalf of City. <br /> CITY(S): BUYER(S): <br /> City o ec tur Il 'nois,aMunicipality CASA Development LLC <br /> By: lbatd Steven A.Lewis Manager 15ate <br /> 4 <br />
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