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02-09-2000 Council Agenda
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02-09-2000 Council Agenda
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provision. <br />29. Survival of Closing. All representations, warranties, agreements and indemnities contained in this <br />Agreement shall survive the closing. <br />30. Entire Agreement. This Agreement constitutes the entire agreement of the parties relative to the sale <br />of the Property. The parties acknowledge there exists no understanding or provisions relative to the sale of the <br />Property except as set forth in this Agreement. This Agreement may not be changed, waived, discharged or <br />terminated except in writing executed by Purchaser and Seller or canceled pursuant to statute. <br />31. Attorneys' Fees. If either party commences an action against the other to enforce any of the terms <br />of this Agreement or because of the breach of the other party of any of the terms hereof, the losing or defaulting <br />party shall pay to the prevailing party reasonable attorneys' fees, costs and expenses incurred in connection with <br />the prosecution or defense of such action. <br />32. Addendum. Attached is one addendum which is made a part of this Agreement. <br />THIS IS A LEGALLY BINDING CONTRACT. BEFORE SIGNING, CONSULT A LAWYER. Minnesota law <br />permits licensed real estate brokers and sales agents to prepare purchase agreements. No recommendation or <br />representation may be made by any real estate broker or sales agent as to the legal sufficiency, the legal effect, or <br />the tax consequences of this contract. These are questions for your lawyer. <br />I agree to sell the property for the price I agree to purchase the property for the price <br />and terms and conditions set forth above. and terms and conditions set forth above. <br />BUYER: <br />CITY OF LITTLE CANADA <br />SELLERdef4 <br />9ev By: <br />(Date) <br />Mayor (Date) <br />SELLER: a -. • By: <br />(D te) <br />City Administrator (Date) <br />Page 35 <br />
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