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PURCHASE AGREEMENT <br />This AGREEMENT is made and entered into this day of , <br />2006, .between JAMES KENNEDY, 6685 Seneca Drive, Mayfield Village, Ohio 44143 <br />(hereinafter called "Seller") and the VILLAGE OF MAYFIELD, 6622 Wilson Mills Road, <br />Mayfield Village, Ohio 44143 (hereinafter called "Buyer") <br />WHEREAS, the Buyer is the Village of Mayfield, which is located in the County of <br />Cuyahoga, State of Ohio, and is fully authorized to enter into this Agreement; and <br />WHEREAS, Seller agrees to sell to Buyer and Buyer agrees to purchase the <br />following described real estate, with any appurtenances, located in the County of <br />Cuyahoga, Village of Mayfield, and State of Ohio: ' <br />6685 Seneca Drive, Permanent Parcel No. 831-39-043. <br />The terms of the Agreement are as follows: <br />1. PURCHASE PRICE. The Seller agrees to sell and the Buyer agrees to <br />purchase the real estate set forth above for the sum of One Hundred and Seventy-Five <br />Thousand Dollars ($175,000.00), the amount of which will be payable in full on the date <br />set for closing of this matter. In addition, the Buyer shall provide Seller an up-front <br />payment of Two Thousand Dollars ($2,000.00) payable at the time Seller executes this <br />Agreement. Such price shall be contingent upon Village Council's approval. <br />2. THE PREMISES. The purchase price of the premises and personal <br />property shall include: the premises, the building and improvements therein, all fixtures, <br />specifically but not limited to all electrical, heating, plumbing and bathroom fixtures, all <br />light bulbs, landscaping, window and door shades and coverings, screen and storm <br />windows, all curtains, drapes and rods, all hanging lighting fixtures, all tacked-down <br />- carpeting, any built in bookcases and cabinets, stove and/or oven, and all attached <br />mirrors and storage cabinets.