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05/14/13
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05/14/13
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7/18/2025 11:25:17 AM
Creation date
5/15/2013 9:32:28 AM
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Meetings
Meeting Document Type
Agenda
Document Title
Housing & Redevelopment Authority
Document Date
05/14/2013
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e. All services or material which have been furnished to the Property have <br />been fully paid for or will be fully paid for prior to the Closing Date so <br />that no lien for services or materials rendered (commonly known as <br />mechanic's or materialmen's liens) can be asserted against the Property. <br />All water, sewer and refuse bins for such services which have been <br />furnished to the Property have been fully paid for or will be fully paid for <br />prior to the Closing Date so that no lien therefore can be asserted against <br />the Property. <br />f. SELLER is not in default, nor has there occurred any event which, with <br />the passage of time or notice from a third party, or both, would constitute a <br />default under any underlying financing or covenant affecting the Property <br />or any part thereof. <br />g. <br />SELLER is neither a "foreign person" nor a "foreign corporation" (as <br />those terms are defined in Section 1445 of the Internal Revenue Code of <br />1986, as amended) <br />h. That there are not now, nor have there ever been underground or above <br />ground storage tanks of any size or type located on the Property nor any <br />Hazardous Substances (defined below) located on the Property in violation <br />of applicable governmental requirements, and the Property has not been <br />used in connection with the generation, disposal, storage, treatment' or <br />transportation of Hazardous Substances in violation of applicable <br />governmental requirements. For purposes of this Agreement, the term <br />"Hazardous Substances" includes but is not limited to substances defined <br />as "hazardous substances," "toxic substances," "hazardous wastes," <br />"pollutants" or "contaminants" under federal or Minnesota law. The term <br />"Hazardous Substance" shall also include asbestos, polychlorinated <br />biphenyls, petroleum, including crude oil or any fraction thereof, <br />petroleum products, heating oil, natural gas, natural gas liquids, liquefied <br />natural gas, or synthetic gas useable for fuel (or mixtures of natural gas <br />and synthetic gas). <br />i. BUYER shall have the right to have inspections of the Property <br />conducted prior to the Date of Closing. <br />j. There are no above or below ground fuel storage tanks on the Property. <br />k. WELL DISCLOSURE: <br />[Check either A or B:] <br />❑ A. Seller certifies that Seller does not know of any <br />wells on the Property. <br />❑ B. To Seller's actual knowledge, there is a well located <br />on the Property and Seller will deliver a well disclosure <br />
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