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10-08-2014 Council Agenda
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10-08-2014 Council Agenda
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ADDENDUMTO PURCHASE AGREEMENT <br />This form approved by the Minnesota Association of REALTORS'', <br />which disclaims any liability arising out of use or misuse of ells form. <br />©2011 Minnesota Association of PEALTORS', Edina, MN <br />1. Date <br />2. Page <br />09/29/14 <br />3. Addendum to Purchase Agreement between parties, dated September 29th 20 14 pertaining to the <br />4, purchase and sale of the property at 3045 Lahore Road <br />5 Little Canada, Z* 55109 <br />6. In the event of a conflict between this Addendum and any other provision of the Purchase Agreement, the language <br />7. in this Addendum shall govern, <br />The following expenses will be needed in order to build a walk -out two- <br />story on the above lot. Please take this into consideration when <br />reviewing the offered price; <br />* Retaining Walls - $4,000,00 <br />* Sewage Ejector Pump - $1,500.00 <br />* Soil Borings, Buildability Letter - $1,500,00 <br />* Pill needed $8,000.00 <br />* 2.7% commission concession - no agency representation on behalf of <br />buyers. ($2,700.00) <br />* Certificate of Survey $3,000.00 ' <br />a. <br />9. <br />10. <br />11. <br />12. <br />13. <br />14. <br />15. <br />16. <br />'17. <br />18. <br />19. <br />20, <br />21. <br />22. <br />23. <br />2.4. <br />25. <br />26. <br />27. <br />28. <br />29. <br />30, <br />31. <br />32 <br />$120,000 List price <br />$18,000 Necessary lot improvements in order to construct a new <br />home <br />$2,700 Commission reduction (no buyer representation) <br />$99,300 lot price with above reductions <br />$100,000 offered price. <br />(Seller) <br />(Date) (Buyer) (Pete} <br />(Seller) <br />(Date) (Royer) <br />33. THIS ISA LEGALLY BINDING CONTRACT BETWEEN BUYERS AND SELLERS. <br />34, IFYOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. <br />13 <br />q/aq(1"/ <br />(Delo) <br />
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