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67-91 Purchase 14595 Madison
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67-91 Purchase 14595 Madison
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Last modified
5/14/2013 3:06:32 PM
Creation date
9/5/2003 10:14:13 AM
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Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
11/18/1991
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c. Other Charges. Taxes and assessments, <br />both general and special, 'shall be prorated by the <br />Escrow Agent as of the date of title transfer based on <br />the last available tax duplicate. Seller shall pay <br />from escrow all utility charges to the date of <br />transfer of title, or the date Seller vacates the <br /> <br />Property, whichever date is later. <br /> <br /> 10. This Purchase Agreement is contingent <br />upon the following terms and conditions: <br /> <br />ae <br /> <br />Approval by City Council by the <br />adoption of an ordinance or <br />resolution authorizing the Mayor to <br />sign this Agreement on behalf of the <br />City of Lakewood. If such approval <br />is not granted by the adoption of <br />such legislation, or such legislation <br />is set aside by referendum or court <br />action, this agreement shall be void <br />ab initio and~ both parties be <br />returned to their original position. <br />Buyer shall have 90 days to obtain <br />such approval; <br /> <br />Buyer shall have the opportunity to <br />have an EPA compliance inspection <br />conduCted on the premises and <br />terminate this agreement if it is not <br />satisfied with the result; and <br /> <br />Seller is to provide a complete rent <br />and lease roll to Buyer. Seller <br />represents that no tenant in the <br />building has any tenancy rights other <br />than as set forth in Exhibit "B", and <br />that the rent and lease roll provided <br />is complete and.accurate. <br /> <br /> 11. BUSINESS RELOCATION COSTS. The Buyer <br />agrees to pay Twenty-Five Thousand (25,000) Dollars to <br />Seller in lieu of payment of business relocation costs <br /> <br />7 <br /> <br /> <br />
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