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pf_01628 pg 1-2 of 3
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pf_01628 pg 1-2 of 3
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2/21/2024 3:51:58 PM
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Planning Files
Planning Files - Planning File #
1628
Planning Files - Type
Special Use Permit
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6. Title to the Property to be conveyed by Seller to Buyer <br />shall also be subject to the following exceptions: <br />a. Real estate taxes and installments of special <br />assessments payable in the year 1986, and all taxes and <br />assessments payable thereafter. <br />b. Easement for road purposes over the North 30 <br />feet of the Property. <br />c. Covenants, conditions, restrictions, declara- <br />tions and easements of record, if any. <br />d. Reservations of minerals or mineral rights by <br />the State of Minnesota, if any. <br />e. 9uilding, zoning and subdivision laws and <br />regulations. <br />7. Notwithstanding any provision herein to the contrary, <br />Buyer's obligation to perform the terms of this Purchase Agreement <br />is contingent upon Buyer obtaining, at its sole cost and expense, <br />on or prior to December 31, 1985, the following: <br />a. The approval and obtaining from the City of <br />Roseville (the "City") not less than $150,000 in tax <br />increment financing, net of administrative costs, in <br />form satisfactory to Buyer, <br />b. Qualification of the Property as a suitable <br />building site without the necessity for expenditure of <br />substantial rums of money to allow the construction <br />contemplated by Buyer thereon, all within the sole <br />discretion of Buyer, <br />c. Re -zoning of the Property to allow the opera- <br />tion of the Buyer's Italian restaurant business, the <br />manufacturing of various Italian foodstuffs for sale to <br />the general public and consumption off the premises, <br />and the operation of Buyer's Italian "deli" business <br />wherein various frozen and prepared foodstuffs are <br />offered for sale to the general public for consumption <br />off the premises. Such re -zoning shall be to classsifi- <br />cationB-2 . Seller shall cooperate, but at no cost or <br />expense to Seller, in all respects with Buyer to secure <br />said re -zoning, <br />which contingencies shall be satisfied, or waived at the option of <br />Buyer, on or before December 31, 1985. If said contingencies are <br />not so satisfied or waived on or before said date and Seller has <br />received the written notice from Buyer hereafter described, this <br />Purchase Agreement shall be null and void and all earnest money <br />
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