My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
11-13-2023 EDA
MoundsView
>
Commissions
>
Economic Development Authority
>
Agenda Packets
>
2020-2029
>
2023
>
11-13-2023 EDA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/29/2025 9:16:32 AM
Creation date
11/14/2023 12:41:56 PM
Metadata
Fields
Template:
MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
11/13/2023
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
11/13/2023
EDA Document Type
Packets
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
50
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Draft 11.3.2023 <br /> <br />6 <br />DOCSOPEN\MU205\62\913096.v4-11/5/23 <br />View sewer and water. <br /> <br />F. Seller’s Authority. Seller warrants that Seller is the owner of the Property, that <br />Seller has full authority to enter into this Agreement for the sale of the Property, <br />and that there are no other parties who hold any unrecorded interests in the Property. <br /> <br />G. Authority of Seller’s Signatories. The signatories to this Agreement represent and <br />warrant that they are the Seller or they are the representatives of the Seller and that <br />they have the authority to enter into this Agreement on Seller’s behalf. <br /> <br />H. Personal Property and Fixtures. Buyer grants Seller’s permission to remove any <br />and all personal property and fixtures prior to closing. <br /> <br />I. Survey. Within ten (10) days after the date hereof, Seller shall deliver to Buyer <br />copies of any survey relative to the Property which Seller has in their possession or <br />subject to their control. <br /> <br />J. Tenants/Leases. Seller warrants that there are or will be no leases affecting the <br />Property nor any tenants present or occupying at the Property. <br /> <br />14. ENVIRONMENTAL INVESTIGATION AND WARRANTY: <br /> <br />A. Seller agrees to permit the Buyer to enter the Property for purposes of conducting <br />environmental testing, at the Buyer’s expense. <br /> <br />B. Seller agrees to cooperate with Buyer and its consultants in conducting the <br />environmental evaluations and specifically agrees to provide the Buyer with copies <br />of all environmental studies, soil borings, tests, reports and other documents related <br />to the Property and in Seller’s possession or control. <br /> <br />C. Seller agrees that, if the Buyer’s environmental investigation discloses the <br />existence of any petroleum product or other pollutant, contaminant or hazardous <br />substance on the Property which requires remediation under state or federal <br />environmental laws or regulations, Seller: (i) at its expense, will perform the <br />remediation to the satisfaction of the Minnesota Pollution Control Agency or other <br />applicable regulatory authority, or (ii) if in Seller’s judgment the Property can be <br />more economically remediated without any improvements being located on the <br />Property, terminate this Agreement. If remediation is undertaken but not completed <br />prior to the date of closing, the Buyer may at its option (i) declare this Agreement <br />null and void or (ii) proceed to closing and execute an agreement for <br />remediation/indemnification and security (Remediation and Indemnification <br />Agreement) as the Buyer may require. <br /> <br />D. Seller hereby warrants to Buyer that during the time the Seller has owned the <br />Property there have been no acts or occurrences upon the Property that have caused <br />or could cause impurities in the subsoil or ground water of the Property or other
The URL can be used to link to this page
Your browser does not support the video tag.