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AG 2016 07 18
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AG 2016 07 18
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Last modified
7/20/2016 11:45:58 AM
Creation date
11/27/2017 10:34:09 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
7/18/2016
Board
Board of Commissioners
Meeting Type
Regular
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deemed to have been properly given and received on the date delivered in person or deposited in the United <br />States mail, registered or certified, return receipt requested, to the addresses set out in Section 1(g) as to Seller <br />and in Section 1(h) as to Buyer, or at such other addresses as specified by written notice delivered in accordance <br />herewith. <br />Section 13. Entire Agreement: This Agreement constitutes the sole and entire agreement among the parties <br />hereto and no modification of this Agreement shall be binding unless in writing and signed by all parties hereto. <br />Section 14. Enforceability: This Agreement shall become a contract when signed by both Buyer and Seller <br />and such signing is communicated to both parties; it being expressly agreed that the notice described in <br />Section 12 is not required for effective communication for the purposes of this Section 14. This Agreement <br />shall be binding upon and inure to the benefit of the parties, their heirs, successors and assigns and their <br />personal representatives. <br />Section 15. Adverse Information and Compliance with Laws: <br />(a) Seller Knowledge: Seller has no actual knowledge of (i) condemnation(s) affecting or <br />contemplated with respect to the Property; (ii) actions, suits or proceedings pending or threatened against the <br />Property; (iii) changes contemplated in any applicable laws, ordinances or restrictions affecting the Property; or <br />(iv) governmental special assessments, either pending or confirmed, for sidewalk, paving, water, sewer, or other <br />improvements on or adjoining the Property, and no pending or confirmed owners' association special <br />assessments, except as follows (Insert "None" or the identification of any matters relating to (i) through (iv) <br />above, if any): <br />Note: For purposes of this Agreement a "confirmed" special assessment is defined as an assessment that has <br />been approved by a governmental agency or an owners' association for the purpose(s) stated, whether or not it <br />is fully payable at time of closing. A "pending" special assessment is defined as an assessment that is under <br />formal consideration by a governing body. Seller shall pay all owners' association assessments and all <br />governmental assessments confirmed as of the time of Closing, if any, and Buyer shall take title subject to all <br />pending assessments disclosed by Seller herein, if any. <br />Seller represents that the regular owners' association dues, if any, are $ N/A per <br />(b) Compliance: To Seller's actual knowledge, (i) Seller has complied with all applicable laws, <br />ordinances, regulations, statues, rules and restrictions pertaining to or affecting the Property; (ii) performance of <br />the Agreement will not result in the breach of, constitute any default under or result in the imposition of any lien <br />or encumbrance upon the Property under any agreement or other instrument to which Seller is a party or by <br />which Seller or the Property is bound; and (iii) there are no legal actions, suits or other legal or administrative <br />proceedings pending or threatened against the Property, and Seller is not aware of any facts which might result <br />in any such action, suit or other proceeding. <br />Section 16. Survival of Representations and Warranties: All representations, warranties, covenants and <br />agreements made by the parties hereto shall survive the Closing and delivery of the deed. Seller shall, at or <br />within six (6) months after the Closing, and without further consideration, execute, acknowledge and deliver to <br />Buyer such other documents and instruments, and take such other action as Buyer may reasonably request or as <br />may be necessary to more effectively transfer to Buyer the Property described herein in accordance with this <br />Agreement. <br />Page 5 of 8 <br />Buyer Initials Seller Initials <br />G -2 <br />Page 123 <br />
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