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PURCHASE AGREEMENT <br />1. Parties. This Purchase Agreement is made on September 22, 2000 by and between <br />(name) Emil W. Quirin, a single person <br />(address) 179 Little Canada Road East #134, Little Canada, MN 55117 SELLER and the City of Little Canada, <br />a municipal corporation, of 515 Little Canada Road East, Little Canada, MN 55117, BUYER. <br />2. Offer /Acceptance. Buyer offers to purchase and Seller agrees to sell real property located in Ramsey <br />County, Minnesota legally described as follows: <br />PIN #06- 29 -22 -41 -0005 <br />PIN #06- 29 -22 -41 -0006 <br />Located along Country Drive in the City of Little Canada, County of Ramsey, State of Minnesota. <br />3. Acceptance Deadline. The acceptance date of this Agreement is the date it is delivered by the last <br />party signing to the other party. This offer to purchase, unless accepted sooner, shall be void at 11:59 p.m. on <br />September 30, 2000, and in such event, all earnest money shall be refunded to Buyer. <br />4. Personal Property and Fixtures Included in Sale. No personal property and fixtures are included in <br />this sale. <br />5. Price and Terms. The price for the real and personal property included in this sale is Thirty -two <br />Thousand Two Hundred Fifty -six and No /100 Dollars ($32,256.00) which Buyer shall pay as follows: Earnest <br />money of $100.00 by check, receipt of which is hereby acknowledged and $32,156.00 cash, on the DATE OF <br />CLOSING. Closing shall take place as soon as practical, but no later than November 1, 2000 in a location and on <br />a date to be determined by the Buyer. <br />6. Deed/Marketable Title. Upon performance by Buyer, Seller shall execute and deliver a Warranty <br />Deed, joined in by spouse, if any, conveying marketable title, subject to: <br />a. Building and zoning laws, ordinances, state and federal regulations; <br />b. Restrictions relating to use or improvement of the property without effective forfeiture <br />provisions; <br />c. Reservation of any mineral rights by the State of Minnesota; <br />d. Utility and drainage easements which do not interfere with existing improvements; <br />e. Exceptions to title which constitute encumbrances, restrictions, or easements which have <br />been disclosed to Buyer and accepted by Buyer in this Purchase Agreement (must be <br />specified in writing); <br />None <br />Page 78 <br />