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70-91 Purchase 14589-91-93 Madison
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70-91 Purchase 14589-91-93 Madison
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Last modified
5/14/2013 3:06:33 PM
Creation date
9/5/2003 10:17:32 AM
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Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
11/18/1991
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be paid by Buyer prior to transfer of title: (1)' the <br /> <br />costs of the Location Service or Survey; (2) the cost <br />of the special tax search; (3) the costs incident to <br />filing the Deed and any mortgage(s) placed upon the <br /> <br />property; and (4) the escrow fee in full. <br /> <br /> c. Other Charges. Taxes and assessments, <br /> <br />both general and special, .shall be prorated by the <br /> <br />Escrow Agent as of the date of title transfer based on <br />the last available tax duplicate. Seller shall pay <br /> <br />..outside of escrow all utility charges to the date of <br /> <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 /> <br />upon the following terms and conditions: <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 />be <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 /> 6 <br /> <br /> <br />
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