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discharged by this Agreement; (2'5' any real estate commissions <br />required to be paid by Seller; (3) and the amount of any <br />prorations due Buyer under this Agreement. <br /> <br /> B. Charges Against Buyer. Buyer shall be charged <br />with the following costs to be deducted by the Escrow Agent from <br /> <br />funds due buyer, if any, or to be paid by Buyer prior to <br />transfer of title: (1) cost~-of the special tax search; (2) the <br /> <br />costs <br />upon <br />title <br />coSts <br /> <br /> incident to filing the Deed- and any mortgage(s) placed:- <br />the property; (3) the cost of examination of title and <br /> <br /> guarantee together with~any Insurance commitment (4) the <br /> of any conveyance fees and/or real estate transfer taxes <br /> <br />and special, shall" <br />date of <br />duplicate. <br /> <br />applicable to this'transaction and (5) the full escrow fee. <br /> <br /> C. Other Charges. Taxes and assessments, both general <br /> <br /> be prorated by the Escrow Agent as of the <br /> title transfer based on the last available tax <br /> <br /> Tenant ~ents and security deposits shall be <br /> <br />prorated as the date of title transfer based on rent rolls and <br /> <br />leases attached ih Exhibit "B". Seller shall pay from escrow <br /> <br />all utility charges to the date of transfer of title, or the <br /> <br />date Seller vacates the Property, whichever date is later. <br /> <br /> 10. This Purchase Agreement is contingent upon the <br />following terms and conditions: ~ <br /> <br />Approval by City Council by the adoption Of an <br />ordinance or resolution authorizing the Mayor to <br />sign this Agreement on behalf of the City .of <br />Lakewood. If such approval is not granted by the <br />adoption of such legislation, or such legislation <br />is set aside by referendum or court action, this <br />agreement shall be void ab initio and both parties <br />be returned, to their original position. Buyer <br />shall have 90 days to obtain such approval; <br /> <br />be <br /> <br />Buyer shall have the opportunity to have an EPA <br />compli~nce'lnspection conducted on the premises and <br />terminate this agreement if it is not satisfied <br />with the result; and <br /> <br /> <br />