2006-01-11 CC Packet - Laserfiche WebLink

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TratlSportation Hazardous Material Table (49 CFR 172.101) on the date of this Agreement which is kept, used, or disposed of in a manner and in quantities which do not comply with applicable laws and regulations pertaining to said materials or substances. Fmther, SeDer agrees that it will not use, generate, store or dispose of or permit the use, generation, storage or disposal of any Hazardous Materials, as herein described above, in. on, under and/or around the Property now or at any time prior to the date of Closing. g. That to Seller's knowledge, 1here never has been. and is not n~~_fu.~ft~A.!-!lj'____-----{ Deleted:. underground storage tanks, wells or septic systems. h. That situated within the Property is a water pipe providing potable water from a well situated in Seller's adjacent pump station property to Seller's adjacent residential property. Said pipe will be cut off in Seller's pump station property and left abandoned in place within the Property prior to Closing. 16.02 Buver's Wananties. Buyer represents and warrants to Seller as follows: a. The execution and delivery of this Agreement by Buyer and the consummation by Buyer of the transaction contemplated hereby are within Buyer's powers and all requisite action has been 1aken to make this Agreement valid and binding upon the accordance with its terms. b. Neither the execution nor delivery of this Agreement by Buyer will conflict with or result in a violation or breach of any law, regulation, order, writ, or i.yunction of any court or governmenlal agency applicable to Buyer. c. JluYJ:r si!all. at its _~Je ~~2_ d_~molis!t and remove the _exi~ng_~~~_ fD:.me __------{ Deleted: s..ner structure from the ProPerty within six (6) months of Closing. 18.01 In the event B1.Iyer fails to comply with any or all of the obligations, covenants, warranties or agreements to be performed, honored or observed by Buyer under IlDd pursuant to the terms and provisions of this Agreement and such defilult is not cured within thirty (30) days after written notic:e (other than Buyer's failure to tender the Purchase Price on the date of Closing. a default for which no notice is required), then SeDer may (i) terminate this Agreement or (ii) seek an action for specific performance against Buyer to enforce the provisions of this Agreement. Deleted: 17.02_~nn Buyer . and Seller aakmJwledge that the PIupml;y is simmd within the COIJlCII8bl botmdari... of the CiI;y ofLiao Lakes ... weD as the CiI;y ofCelllmviJle. Atmaatian by the CiI;y ofCentmvjlle of that partiml of the Pmpmty simmd in the CiI;y ofLino Lakes is the solution desirud by tho parti.... Unto that e:ud, Buyer 8pllII to initime and ....................lII\Y and all egJU8IIlBDlB, or ather 8UlIh IIIIlioos, as may be requinld to IIlllllIIIIJlli IlIIid IIIIIIUlIB1iao. , 'V Deleted: V:\BngiDeeriDa\BTSCHIDA\L i AND\CeoImYiIIe Res\Pumhase : ~8JldSeleofYllllllllt 1111: 12-20.0S.daD 1Dserted: V:\R~\BTSCHIDA\ ! LAND\CenterviIIe Res\Pumhase Agnlement\PuIob and Sele ofYllllllllt 1aI:_12-20.0S.daD : Deleted: C:\Cen!erille PA-daD SEcnON 17 -APPROVALS AND ANNEXATION , , . . . . . . I ~rn9..~J~.::J.~~~~_nnnnnn_nnnu_____un_________________..___n__n.nnn.nnnn____n_______._______! 17.01 APPrOvals. Buyer agrees to cooperate with SeDer in its pursuit of any and all approvals that may be required to close the sale and convey the Property to Buyer. . . . . . . . . . . . . . . . . . . . . . " " '. .. 1/ ,: ii,/ . , . . " .. ._._uunnnu____________._____ 00.00.._____/ H:\Prooertv Purcbllse-DiBPosaI\Patk Prooertv\Purcha and Sale ofvacant lot 12-20-0Sv2.daD 7 18.02 The failure of either party to act upon a default of the other in any of the terms, conditions or obligations under this Agreement shaD not be deemed a waiver of any subsequent breach or defilult under the terms, conditions or obligations hereof by such defaulting party. ~I