Agenda - Council - 01/28/1997 - Laserfiche WebLink

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Require SELLER to pay the pending special assessment (or escrow for payment of same as provided above) and BUYER shall pay a commensurate increase in the Purchase Price of the Property, which increases shall be the same as the estimated amount of the assessment; or, Declare this Agreement void by notice to SEI IFR, and earnest money shall be refunded to BUYER. 6.3 DEFFERED REAL ESTATE TAXES. SELLER shall pay on date of closing any deferred real estate taxes or special assessments payment of which is required as a result of the closing of this sale. 6.4 FUTURE PAYMENT OF REAL ESTATE TAXES. BUYER shall pay real estate taxes due and payable in the year following closing and thereafter and any unpaid special assessments payable therewith and thereafter, the payment of which is not otherwise provided for herein. SELLER makes no representation concerning the amount of future real estate taxes or of future special assessments. 7. CLOSING. 7.1 The closing shall take place at Harstad Companies, 2191 Silver Lake Road, New Brighton, MN 55112, fifteen days after the CITY OF RAMSEY has granted final plat approval to BUYER for the Development, or at such other time and place that may be agreed to by the parties in writing ("Closing Date"); 7.2 On the Closing Date, BUYER shall deliver to SELLER the balance of the Purchase Price and SELLER shall deliver to BUYER possession of the Property and shall execute and/or deliver to BUYER: (a) (b) 7.3 An executed Minnesota Uniform Conveyancing Blank, Form No. 9-M Warranty Deed. An executed affidavit of SELLER. SELLER shall pay at closing all recording fees and charges relating to the filing of any instrument required to make title marketable. 7.4 BUYER shall pay at closing: (a) state deed tax relating to transfer of the Property; (b) conservation fee; (c)