2002-11-13 CC Packet - Laserfiche WebLink

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CLOSING AGREEMENT THIS CLOSING AGREEMENT dated this 15th day of August, 2001, by and between Patricia A. Wilharber, Trustee of the W. W. Wilharber Trust Agreement dated March 6, 1996 (hereinafter "Seller") and Richard S. Carlson & Associates, LLP, a Minnesota limited liability partnership (hereinafter "Purchaser"). WHEREAS, Seller has just sold and Purchaser has just purchased real property legally described on Exhibit A attached hereto (hereinafter the "Property"). WHEREAS, pursuant to the Purchase Agreement, it was agreed that Purchaser would plat the property and re-convey back to the Seller, a small parcel in the northeast corner of the property that is 208.71 feet by 100 feet immediately west of the I-acre parcel in the northeast comer of the Property. WHEREAS, this document is intended to set down in writing the intentions of the parties to complete this platting and re-conveyance of the small parcel in the future. NOW, THEREFORE, the parties hereto in consideration of the sale-purchase of the Property described on Exhibit A, and other good and valuable consideration, hereby agree to the following: I. Purchaser will plat the Property legally described on Exhibit A attached hereto in the next one to five years. 2. Immediately after obtaining the final plat approval and recording of the plat on the property, the Purchaser will re-convey to Seller a small platted parcel that is 208.71 feet by 100 feet immediately west of the one-acre parcel in the northeast corner of the Property. SELLER: . PURCHASER: W.W.WILHARBERTRUSTAGREEMENT DATED MARCH 6,1996 BY~~ (li:a;~-.--- Patricia A. WiJIlarber, Trustee . Carlson Its Partner ',)e/It1~ aNd A~v-ee"'e4-J- 128058 1 dO)jrJ.jx,,'<l: PUl'Chc.ser -t'jl"eoe fhp ~~~;, 3...5' c& rf),e Pu.yc},-r.ie/" ,A..JI n..d-- nW"je. inh. cfhe C/"Si'lj .,J"'du/UeiJ..s' q'J/.J sh<2)/ /It :",,/1 s.,,>-c~ 4'Hd etreed: jhi; iJ fhe. y,jitd- J& JejJN,'J d-he IV lJ Gorhe;.. ,,~ Me flIt>4f~uJ./ el<flt Je. [;;'j( 011.