9080-19 18100 Detroit Purchase - Laserfiche WebLink

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CONTRACT FOR THE SALE AND PURCHASE OF REAL ESTATE THIS CONTRACT, dated October. 2019, is between Emerald Light Investments, Ltd., an Ohio limited liability company, c/o Barb Miller, 498 Green Meadows Dr. West, Powell, Ohio 43065 ( "Seller "), and The City of Lakewood, Ohio, a municipal corporation c/o Bryce Sylvester, AICP, Director of Planning and Development, City of Lakewood, 12650 Detroit Avenue, Lakewood, Ohio 44107 ( "Purchaser'). 1. CONVEYANCE: Seller agrees to sell and convey, or cause to be sold and conveyed, to Purchaser by limited warranty deed, and Purchaser agrees to purchase from Seller, the real estate consisting one (1) parcel commonly known as 18100 Detroit Avenue, Lakewood Ohio (being parcel No. 311 -17 -013) together with an appurtenant easement for vehicular and pedestrian ingress and egress across the parking lot of Seller's retained two (2) parcels being parcels No. 311 -17 -011 and 311 -17 -012 also known as 18100 Detroit Avenue for the sole limited purpose of access to five (5) northernmost parking spaces for use by firemen, invitees and employees of the Purchaser working at the existing adjacent firehouse together with a temporary construction easement and subject to the retained easement of Seller to access and use the seven (7) southernmost parking spaces all designated on the attached preliminary site plan, as more fully described in the attached Exhibit A. (collectively herein the "Premises" or "Real Estate." 2. PRICE: The price (the "Price ") shall be One Hundred Thirty Thousand and 00/100 Dollars ($130,000.00). The Price shall be paid at Closing (hereafter defined). 3. CONDITIONS: (a) Conveyance shall be subject to matters generally excepted by title insurance companies in their title policies issued in the Ohio; special taxes or special assessments, if any, for improvements not yet completed; installments not due at the date of this Contract of any special tax or special assessment for improvements previously completed, if any; general real estate taxes, if any, for the year in which closing occurs; covenants, conditions, agreements, reservations and restrictions of record; zoning and building laws or ordinances; private, public and utility easements and roads and highways, whether or not of record; all matters which a current, accurate survey of the Premises would disclose; the terms, reservations and conditions of this sale. The deed conveying the subject property shall also contain the following "AS IS" statement: "THE PREMISES ARE SOLD TO AND ACCEPTED BY PURCHASER "AS IS" AND "WHERE IS ", WITH ALL FAULTS, IF ANY, AND WITHOUT ANY WARRANTY WHATSOEVER, EXPRESS OR IMPLIED."