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04/12/1999 Council Packet
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04/12/1999 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
04/12/1999
Council Meeting Type
Regular
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zoning ordinance. <br />c. The City, at its expense, shall have both properties described in Exhibit A <br />and 6 surveyed for the purpose of creating legal descriptions. <br />d. The City agrees to pay for all expenses for this transaction including title <br />insurance commitment fees, state deed tax, recording fees, and any other <br />miscellaneous fees or expenses that would be incurred in completing the <br />terms and conditions of this agreement. <br />6. Notices. All notices required herein shall be in writing and delivered <br />personally or mailed to the address as shown in this paragraph, and, if mailed, are <br />effective as of the date of mailing. Addresses for the parties are: <br />To City: <br />To Douglas: <br />Lino Lakes City Hall <br />1189 Main Street <br />Lino Lakes, Minnesota 55014 <br />James J. Douglas <br />Tracey M. Douglas <br />540 Lilac <br />Lino Lakes, Minnesota 55014 <br />7. Minnesota Law. This contract shall be governed by the laws of the <br />State of Minnesota. <br />8. Well Disclosure. Both parties certify that they do not know of any wells <br />on the property that they are conveying to the other party. Both parties agree that <br />there are no individual sewage treatment systems on or serving the property that they <br />are conveying. <br />9. Closing. The closing on the transfers of the real estate shall take place <br />on or before March 1, 1999. <br />10. This agreement shall apply to and bind the heirs, executors, <br />administrators, successors and assigns of the respective parties. <br />11. Additional Compensation. That the City hereby agrees to pay such out - <br />of- pocket costs that Douglas may incur as a result of this property exchange for such <br />items as change of addresses, etc. in an amount not to exceed $1,000. Douglas shall <br />
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