2016-10-17_EDA_Agenda_Packet - Laserfiche WebLink

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9b. Attachment C The Seller hereby grants to the Buyer andthe Buyer’s agents a license to enter and evaluate the Property for the purpose of conducting an environmental assessment. Further, the Buyeror the Buyer’s agent shall have the right pursuant to the license to bring persons and equipment onto the Property, make inspections and perform tests and analyses as the Buyer may deem reasonable to determine the presence of any toxic or hazardous waste, substance, or petroleum product or asbestos product, and ascertain soil conditions on the Property. The Buyer shall bear the cost of the environmental assessment. If the results of the environmental assessment are not to the satisfaction of the Buyer,the Buyerat its sole discretion may cancel this Agreement. If the Buyer cancels this Agreement pursuant to this provision, the Buyershall restore the Property to its original condition or nearly so as is reasonably practicable. Real Estate Taxes and Special Assessments. 6.Real estate taxes payable in the year of closing will be pro-rated between the Buyer andtheSeller to the Closing Date. The Seller shall pay all real estate taxes payable in previous years, the entire unpaid balance of special assessments, and all installments of special assessments levied and pending, including special assessments installments payable after the year of closing. The Seller also agrees to pay all assessments related to service charges furnished to the Property prior to the Closing Date (e.g., delinquent water or sewer bills, removed or diseased trees), including those charges levied, pending, or certified to taxes payable in the year of closing. If closing occurs prior to the date the amount of real estate taxes due in the year of closing are available from Ramsey County, the current year’s taxes will be pro-rated based on the amount due in the prior year. ClosingDate. 7.The Closing Date will be on or before November 30, 2016. Delivery of all papers and the closing shall be made at the officesof Buyer, 2660 Civic Center Drive, Roseville, MN 55113, or at such other location as is mutually agreed upon by the parties. All deliveries and notices to the Buyer shall be made to the above address and marked to the attention of Jeanne Kelsey. Possession/Utilities/Removal of Property/Escrow. 8. Possession. (a)The Seller agrees to deliver possession not later than the Closing Date. Utilities. (b)City water and sewer charges, electricity and natural gas charges, fuel oil and liquid petroleum gas shall be pro-rated between the parties as of the Closing Date.The Seller shall arrange for final readings as of the Closing Date. Fixtures and Materials. (c)The Seller shall have the opportunity to salvage any fixtures ormaterials from thebuilding on theProperty provided that the building is left secure and provided that the removal does not create any hazardous conditions. The Seller assumes all risk in undertaking any salvage operations. The Seller shall pay for all costs of salvage operations in full prior to closing and shall not permit the attachment of any lien or encumbrance on the Property as a result of this or other work thereon. Personal Property and Debris. (d)The Seller must remove all debris and personal property not included in this sale, including, all window treatments, appliances, and furniturefrom