My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2024-297 Resolution Rescinding R2024-282 and Authorizing a Real Estate Sales Agreement for Properties between Vulcan Lands Inc., and Vulcan Construction Materials, LLC, and the City of Decatur
COD
>
City Clerk
>
RESOLUTIONS
>
2024
>
R2024-297 Resolution Rescinding R2024-282 and Authorizing a Real Estate Sales Agreement for Properties between Vulcan Lands Inc., and Vulcan Construction Materials, LLC, and the City of Decatur
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
9/13/2024 12:23:40 PM
Creation date
9/13/2024 12:23:36 PM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2024-297
Res Ord Title
R2024-297 Resolution Rescinding R2024-282 and Authorizing a Real Estate Sales Agreement for Properties between Vulcan Lands Inc., and Vulcan Construction Materials, LLC, and the City of Decatur
Department
City Manager
Approved Date
9/3/2024
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
34
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
IV <br /> OWNERSHIP AND POSSESSION BY BUYER <br /> 4.01. Clearing of Vulcan Property. On or before November 30, 2024, Seller shall remove the <br /> machinery, buildings, and items listed on Exhibit B that are currently located on the Vulcan <br /> Property. The cinder block building, the well, the underground utilities, the billboard foundation, <br /> and all other items not listed on Exhibit B may be left at the Vulcan Property, with no obligation <br /> for Vulcan to cause their removal. Any items left on the Vulcan Property after Closing shall <br /> become the property of the Buyer. <br /> 4.02. Insurance and Utilities. Seller agrees to obtain or cause it agents and contractors to obtain <br /> workmen's compensation and employer's liability insurance coverage as required by applicable <br /> law and in commercially reasonable amounts with respect to operations on the Vulcan Property <br /> following the closing. Seller shall also be responsible for all utility bills for the Vulcan Property <br /> through the date of Closing, unless earlier surrendered to the Buyer. The obligations of this <br /> paragraph 4.02 shall survive the Closing. <br /> 4.03. Delay. For the purposes of any of the provisions of this Agreement, neither the Buyer nor <br /> Seller, nor any successor in interest, shall be considered in breach of, or default in, its obligations <br /> under this Agreement in the event of any delay caused by events or conditions beyond the <br /> reasonable control of the Party which in fact prevents the Party from discharging its respective <br /> obligations hereunder and the timeframes for performance of those obligations shall be extended <br /> accordingly. <br /> V <br /> DISCLAIMERS AND WAIVERS <br /> 6� Page. <br />
The URL can be used to link to this page
Your browser does not support the video tag.