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10-13-2004 Council Agenda
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10-13-2004 Council Agenda
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limited right (pursuant to Paragraph 17., above) from the date of this Purchase <br />Agreement, to enter upon the property to make such surveys, measurements, soil <br />tests, and other tests as Buyer deems necessary, but without expense to Seller. <br />Environmental Assessment. This Purchase Agreement is contingent upon Buyer <br />obtaining, at Buyer's expense, a Phase I Environmental Assessment of the property <br />by December 1, 2004, sufficient to meet the diligence requirements of federal and <br />state law, certified to Buyer as of a current date (no earlier than the date of this <br />Purchase Agreement) evidencing conditions satisfactory to Buyer. Buyer shall <br />promptly retain a qualified environmental scientist to conduct the environmental <br />assessment. If the environmental assessment reveals environmental conditions <br />which are in violation of the law, Buyer shall promptly deliver a copy of the report <br />to Seller and Buyer shall assign all rights in and to the environmental assessment to <br />Seller. <br />Utilities: Seller's Utilities Representations and Buyer's Contingency. Seller <br />represents that: Seller: select one answer or each utility; if you are uncertain, <br />select "might n <br />city water: <br />electricity: <br />natural gas: <br />telephone: <br />F <br />[ Xj is [ _ ] is not [ ] <br />property through a service <br />frontage line; <br />[_X_] is [ ] is not [_] <br />property through a service <br />frontage line; <br />[_] is [ ] is not [ X_] <br />property through a service <br />frontage line; <br />[ ] is [ ] is not [_X_] <br />property through a service <br />frontage line; <br />[ ] is [_] is not [_X <br />property through a service <br />frontage line; <br />might not be available to the <br />stub at the public right -of -way <br />might not be available to the <br />stub at the public right -of -way <br />might not be available to the <br />stub at the public right -of -way <br />might not be available to the <br />stub at the public right -of -way <br />might not be available to the <br />stub at the public right -of -way <br />D. Seller's Contingencies. Seller's obligation to sell the property is contingent upon the <br />following: <br />I. A public hearing shall be held by the City after RWMWD has prepared a concept <br />9 <br />-12- <br />
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