CCP 12-15-1997 - Laserfiche WebLink

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~~\j 0, I-CI~"':JV:\ rI.'C--l.!l 0..:.........,;,'_.....' .. - ~ ~ ,-,. ,,; . -:. ",::" ~.\:;.~. \ ; '\.'\.'; .:..::..\....-,--..- ~._ :''':;'''' .-:'-"';';.- '.J. ~~ I' . '''~ I placed thereon any toxic or hazardous substances, ,. wast.es, pollutants, or contaminant.. (incl uding without limitation petroleum products) as defined in any federal, state or local environmental statute, regulation or ordinance on the Real Property. To the be~t of Seller's actual I knowledge, no substances or conditions exist in or on the Real Property that may support a claim or cause of action under any federal, s:ate or local 1 environmental statutes, regulations or ordinances. No above-ground or underground tanks are located in or about the Real Property or have been located unde r , ~n, or about the Real Property and have I subse~Jently been removed or filled. To the exLent storage Lanks exist on or under the Real Property, such storage tanks have been duly registered with all appropriate regulatory and 1 governmental bodies and otherwise are in compliance with applicable federal, state, and local statutes, regulations, ordinances and other I regulatory requirements. There are no welle or individual sewage treatment systems on or serving the Real Property. I 8. f"IRPTA. SelleL' is not a "foreign person", "foreign partnership", "foreign trust" or "foreign estatell . as those terms are defined in Section Ie 1445 of the Internal Revenue Code. 9, Lease Documents. The lease documents delivered to the City and described on Exhibit J attached are ~ I complete set of existing agreements for Billboards 1 and 2; and Seller has not entered into additional written or oral agreements regarding Billboards 1 and 2, I 10. Indemnification. Seller will indemnify City, its successors, and assigns, against, and will hold I City, its successors, and assigns, harmless from any expenses or damages, including reasonable attorney's fees, that City incurc because of the I breach of any of the above representations and warranties, whether such breach is discovered before or after Closing. I K. Representations, Warranties and Indemnity by City. City represents and warrants to Seller that City is a municipal corporation duly organized in the State of Minnesota; that City is duly qualified to transact I business in the State of Minnesota; that City has the power and authority to execute this Agreement and any City's Closing Documents signed by it; that all such I documents have been duly authorized by all necessary corporate action on the part of City and at the Closing 15 fI I