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R90-148 AUTHORIZING REAL ESTATE PURCHASE AGREEMENT FOR MASS TRANSIT
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R90-148 AUTHORIZING REAL ESTATE PURCHASE AGREEMENT FOR MASS TRANSIT
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7/26/2016 2:51:08 PM
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7/26/2016 2:51:08 PM
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Resolution/Ordinance
Res Ord Num
R90-148
Res Ord Title
AUTHORIZING REAL ESTATE PURCHASE AGREEMENT FOR MASS TRANSIT
Approved Date
12/3/1990
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. � Page 2 <br /> statements on file affecting any personal property or <br /> fixtures included in the purchase. Title may be <br /> subject to coal and mineral rights if now reserved or <br /> conveyed of record, and to all easements and building <br /> and use restrictions now of record which do not re- <br /> strict reasonable use including but not limited to the <br /> demolition of the existing structure and construction <br /> of a new building. Buyer shall promptly advise Seller <br /> of any claimed defects in title evidence to permit <br /> resolution before settlement. _ <br /> t f,�I,��. _. J %1. <br /> 3. At Settlement, Seller shall deliver to Buyer a �� <br /> Deed to the Premises, subject only to those matters to <br /> which the title may be subject as provided in paragraph <br /> (2) and conveying the benefits of all easements <br /> appurtenant of record existing prior to the execution <br /> of this contract, if any, in such form and together <br /> with such documentation as shall be required for <br /> recording said deed. Seller shall also furnish Buyer, <br /> at Settlement, all documentation necessary to protect <br /> Buyer from mechanics' liens. Seller agrees to pay for <br /> transfer tax stamps. <br /> 4 . At or before Settlement, Seller shall pay or give Buyer <br /> credit for general real estate taxes for all prior <br /> years and for Seller's pro rata share of such taxes for <br /> the year of Settlement. Seller shall further pay or <br /> give Buyer credit for all special assessments now a <br /> lien against the Premises and all water bills or water <br />
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