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R91-89 AUTHORIZING REAL ESTATE PURCHASE AGREEMENT - DREDGING STORAGE BASIN
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R91-89 AUTHORIZING REAL ESTATE PURCHASE AGREEMENT - DREDGING STORAGE BASIN
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7/25/2016 4:45:17 PM
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7/25/2016 4:45:17 PM
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Resolution/Ordinance
Res Ord Num
R91-89
Res Ord Title
AUTHORIZING REAL ESTATE PURCHASE AGREEMENT - DREDGING STORAGE BASIN - CITY PROJECT 8919
Approved Date
6/17/1991
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Owners of any claimed defects in title evidence to permit <br /> resolution before settlement. <br /> 3 . At settlement, Owners shall deliver to Buyer a Warranty <br /> Deed to the premises, subject only to those matters to which the <br /> title may be subject as provided in paragraph (2) and conveying <br /> the benefits of all easements appurtenant of record existing <br /> prior to the execution of this contract, if any, in such form and <br /> together with such documentation as shall be required for <br /> recording said deed. Owners shall also furnish Buyer at <br /> settlement all documentation necessary to protect Buyer from <br /> mechanics ' liens. <br /> �" K �<, 4 . Owners warrant that they own and hereby sell all <br /> � c . <br /> � �� �/ fixtures and equipment on and attached to the premises.�rt IS ��OER�ToOD <br /> }�nrD�Y'�c d�.�fi4T 6G�NEt2s �/i�� l�'Fr�or��j(/�s tin�y G?�9 i,� 13►N }��roR To .S7T��mE�v7. <br /> �� 6 5. The agreed purchase price of the property described <br /> herein is Q�►�,�'��uacc�fi��2T'c�N�N�.4TAND F�� ��u.Noacv Awn_ <br /> lico ��c„aRs, <br /> ($ � r (J-(> <br /> D, ) . The Buyer shall make payment in full at the <br /> time of settlement. <br /> 6 . In the event that the Buyer pays more money, on a <br /> dollar-per-acre basis, to the owner of any other tract shown on <br /> Exhibit A hereto, whether through the exercise of the power of <br /> eminent domain or otherwise, the Buyer shall pay to the Owners <br /> the difference between such higher per-acre price and the <br /> purchase price herein provided, on a per-acre basis and for the <br /> number of acres purchased hereby. This covenant shall survive <br /> the deed. <br />
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