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CC PACKET 05081984
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CC PACKET 05081984
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Last modified
12/30/2015 3:56:28 PM
Creation date
12/30/2015 3:56:11 PM
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SP Box #
16
SP Folder Name
CC PACKETS 1981-1984 & 1987
SP Name
CC PACKET 05081984
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=ditions Precedent <br /> Section 2 . 1 . Walker ' s obligations hereunder shall be <br /> contingent upon Walker being successful in its submission of its <br /> United States Department of Housing and Urban Development ("HUD") <br /> 202/Section 8 Application for Fund Reservation. <br /> Section 2 .2. Walker 's obligations hereunder shall be further <br /> contingent upon Walker receiving HUD' s firm commitment to fully <br /> fund Walker ' s construction of Building B upon terms and <br /> conditions acceptable to Walker. <br /> Section 2 .3. Walker 's obligations hereunder shall be finally <br /> • contingent upon Walker obtaining site control of that portion of <br /> the Redevelopment Property ( "the Subject Premises") upon which <br /> Building B is to be constructed. A drawing showing the Subject <br /> Premises is attached hereto as Exhibit C . In accord with the <br /> foregoing , it is understood that there presently exists a <br /> purchase agreement ("the Purchase Agreement") dated December 14 , <br /> 1983 , by and between St. Anthony Shopping Center, Inc. , as seller <br /> and the Agency , as buyer . The Purchase Agreement covers the <br /> Subject Premises and other contiguous land. (A copy of the <br /> Purchase Agreement is attached hereto as Exhibit D. ) The <br /> Purchase Agreement specifies a closing date ("the Closing Date" ) <br /> of November 1 , 1984 . The Agency has the right ' to extend the <br /> Closing Date until November 1 , 1985 , ( "the Extended Closing <br /> • Date" ) . (A copy of said revised Purchase Agreement is attached <br /> -4- <br />
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