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Res_11487
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Res_11487
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Last modified
2/20/2018 2:49:32 PM
Creation date
2/20/2018 2:47:43 PM
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Roseville City Council
Document Type
Council Resolutions
Meeting Date
1/29/2018
Resolution #
11487
Resolution Title
Resolution Approving the Purchase/Sale of Certain Land by the City of Roseville
Resolution Date Passed
1/29/2018
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i <br /> i <br /> of the Contract Date being listed on the Rent Roll attached hereto as Exhibit C and those leases executed by Seller i <br /> between the Contract Date and the Closing Date in accordance with Section 8, <br /> 1,1,24 Notice to Proceed,The Notice to Proceed described in Section 43. <br /> 1.1,25 Permitted Title Exceptions, Those title matters which are not objected to by Buyer in <br /> accordance with Section 7 hereof,and those title matters on Exhibit K hereto. <br /> 1.1.26 Permits and Licenses, Seller's interest in the permits and licenses listed on ExhibitD attached <br /> hereto, <br /> 1.1.27 Personal Property, All of the personal property,together with all replacements and additions <br /> thereto between the Contract Date and the Closing Date,located in or on the Property which is owned by Seller and <br /> used or usable in connection with the Property, including without limitation, all that property listed on Exhibit E <br /> attached hereto, <br /> 1.1.28 Phase I, The Phase I Environmental Site Assessment described in Section 4.6 to be acquired <br /> and paid for by Buyer in Buyer's discretion, <br /> 1.1.29 Phase II.The Phase R Environmental Site Assessment described in Section 4.6 to be acquired <br /> and paid for by Buyer in Buyer's discretion. <br /> 1.1.30 Plans,All originals and copies of the as-built blueprints, drawings,site plans,engineering and <br /> architectural plans and specifications,as-built plans and specifications for each space occupied by Tenants, and <br /> land use and zoning materials for the Land,Improvements, and the Personal Property, if any, as may be in the <br /> possession of Seller,including without limitation,those plans listed on Exhibit F attached hereto. <br /> 1.1.31 Property,All of Seller's right,title and interest in,to and under the following: <br /> (i) the Land; <br /> (ii) the Improvements; <br /> (iii) the Personal Property; <br /> (iv) the Leases; <br /> (v) the Guaranties; <br /> (vi) the Security Deposits; <br /> (vii) the Surviving Contracts; <br /> (viii) the Warranties; <br /> (ix) the Permits and Licenses; <br /> (x) the Plans; <br /> (xi) the Records;and <br /> (xii) the Intangible Property. <br /> 1,1.32 Proration Date.The effective date of the prorations provided in Section 6,which is 11:59 p.m. <br /> central time on the day before the Closing Date. <br /> Page 3 of 38 <br />
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