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R2006-115 AUTHORIZING ACQUISITION OF REAL PROPERTY
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R2006-115 AUTHORIZING ACQUISITION OF REAL PROPERTY
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11/2/2015 4:07:41 PM
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Resolution/Ordinance
Res Ord Num
R2006-115
Res Ord Title
AUTHORIZING ACQUISITION OF REAL PROPERTY 240 AND 256 NORTH CHURCH STREET
Approved Date
8/7/2006
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. � � ' ' <br /> of record prior to the execution of this contract, if any, in such form and <br /> together with such documentation as shall be required for recording said <br /> deed. Seller shall also furnish Buyer, at settlement, all documentation <br /> necessary to protect Buyer from mechanics' liens. Seller agrees to pay for <br /> transfer tax stamps, prepare the real estate transfer declaration form and any <br /> environmental disclosure requirement documents. Buyer agrees to pay for <br /> the costs of recording with the Recorder of Deeds any of the documents <br /> necessary to complete the transfer of ownership. <br /> 6. Except as may be provided by Agreement for Deed, at or before <br /> settlement Seller shali pay for and give Buyer credit fior general real estate <br /> taxes for all prior years and for Seller's pro rata of such taxes for the year of <br /> settlement. Seller shall further pay or give Buyer credit for all special <br /> assessments now a lien against the premises, rents, if any, and all water or <br /> sewer bills or water main or sewer connection charges incurred and unpaid <br /> as of settlement. Credit to Buyer for general real estate taxes not yet payable <br /> shall be computed on the basis of the most current tax information available <br /> at the time of settlement. <br /> 7. Buyer shall be entitled to possession of the premises at settlement. <br /> 8. No notices, suits, or judgments relating to the premises have been <br /> received by Seller, except: ,yo N4-- <br /> All notices shall be deemed to have been received on the date of personal <br /> service or on the third (3�d) day following date postmarked. Notice must be <br /> served upon or addressed to the Seller or the Buyer personally unless <br /> specified otherwise. Notice by any other means is not valid. <br /> Seller's current address is: 1 b I1� �•Ps,�s�.� er�- , O��uA�wc�� • ��Z� <br /> Buyer's address is: One Gary K. Anderson Plaza, Decatur, IL 62523 <br /> 9.� Seller shall, at Seller's sole expense, demolish all existing structures on <br /> said Premises, properiy dispose of all debris, backfill any excavations with <br /> only clean dirt to leave a clean and level site and seed the subject area. <br /> 10. If either Seller or Buyer brings an action against the other with respect to <br /> this contract, the prevailing party shall be entitled to recover the reasonable <br /> attorney fees, costs and expenses. <br /> S -�1=oV �� !���'��- �f� '�� <br /> F <br /> Seller's Initials Date Buyer's Initials Date <br /> 2 <br />
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