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SELLER: <br />BUYER: <br />PROPERTY: <br /> <br />DATE OF CLOSING: <br /> <br />City of Ramsey <br />Waste Management of Minnesota, ~nc. <br />The Entire Site, namely all of the South 1/2 of <br />the Southeast 1/4 of Section 22 and the North <br />1/2 of the Northeast 1/4 of Section 27, <br />To%~ship 32, Range 25, Anoka County, Minnesota. <br />December 12, 1984 <br /> <br /> I. F2% JOR TERMS <br />Earnest money heretofore <br /> <br />500.00 <br /> <br />Additional cash at closing <br /> <br />Total cash at closing owed by Buyer to <br />Seller <br /> <br />Contingent price payments: <br /> <br />1. Amount equal to 1.5% of gross <br /> revenues from January 1, 1984, <br /> to date of closing. <br /> <br />2. 10% of gross revenues on the <br /> current landfill from date of <br /> closing. <br /> <br /> City of Anoka owes Seller one-half of <br /> escrow fund <br /> <br /> Seller owes to City of Anoka reimbursement <br /> of one-half of real estate taxes paid or <br /> payable by the City of Anoka from January 1, <br /> 1982 to closing <br /> <br /> Total cash at closing owed by City of <br /> Anoka to Seller <br /> <br />149,500.00 <br /> <br />$149,500.00 <br /> <br />To be determined <br />within 10 days <br />after closing. <br /> <br />To be determined <br />at closing. <br /> <br /> - 14,061.39 <br /> <br />To be determined <br />at closing. <br /> <br /> II. MISCELLANEOUS'TERMS <br /> <br />There will be no state deed tax, because the Seller is a <br />unit of government. <br /> <br />Buyer will pay for recording. <br /> <br />Buyer will pay for title insurance policy, if desired. <br /> <br />No payments will be made for conditional use permit, because <br />none has been issued. <br /> <br /> <br />