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Agenda - Council Work Session - 02/11/2014
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Agenda - Council Work Session - 02/11/2014
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3/17/2025 4:17:27 PM
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2/12/2014 12:36:31 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
02/11/2014
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20. Each signatory to this Agreement represents and warrants that (s)he has full authority to sign this Agreement on behalf <br />of the party for whom (s)he signs and that this Agreement binds such party. <br />21. This Agreement constitutes the entire agreement between Owner and Broker and supersedes all prior discussions, <br />negotiations and agreements, whether oral or written. Owner and Broker each represent and warrant to the other that <br />in entering into this Agreement, they are not relying upon any discussions, representations, understandings or <br />agreements, other than the matters specifically stated herein. No amendment, alteration, cancellation or withdrawal of <br />this Agreement shall be valid or binding unless made in writing and signed by both Owner and Broker. This Agreement <br />shall be binding upon, and shall benefit, the heirs, successors, and assignees of the parties. In the event any clause, <br />provision, paragraph or term of this Agreement shall be deemed to be unenforceable or void based on any controlling <br />state or federal law, the remaining provisions hereof, and each part, shall remain unaffected and shall continue in full <br />force and effect. <br />22. The parties hereto agree to comply with all applicable federal, state and local laws, regulations, codes, ordinances and <br />administrative orders having jurisdiction over the parties, Property or the subject matter of this Agreement, including, <br />but not limited to, the 1964 Civil Rights Act and all amendments thereto, the Foreign Investment In Real Property Tax <br />Act, the Comprehensive Environmental Response Compensation and Liability Act, and The Americans With <br />Disabilities Act. Owner and Broker agree that the Property will be offered in compliance with all applicable anti- <br />discrimination laws. <br />The undersigned Owner hereby acknowledges receipt of a copy of this Agreement. <br />BROKER: OWNER: <br />CBRE, Inc. City of Ramsey <br />Licensed Real Estate Broker <br />By: By: <br />Richard Palmiter Sarah Strommen <br />Title: Vice President Title: Mayor <br />By: By: <br />Brian Pankratz Kurt Ulrich <br />Title: Vice President Title: City Administrator <br />Address: 4400 West 75th Street <br />Suite 200 <br />Minneapolis, MN 55435 <br />Telephone: (952) 924-4600 <br />Date: <br />Address: 7550 Sunwood Drive NW <br />Ramsey, MN 55303 <br />Telephone: 763-427-1410 <br />Date: January 28, 2014 <br />OWNER: <br />Ramsey Housing & Redevelopment Authority (HRA) <br />By: <br />Randy Backous <br />Title: HRA Chair <br />By: <br />Ted LaFrance <br />Title: Executive Director <br />Address: 7550 Sunwood Drive NW <br />Ramsey, MN 55303 <br />Telephone: 763-427-1410 <br />Date: <br />January 28, 2014 <br />CONSULT YOUR ADVISORS — This document has legal consequences. No representation or recommendation is made by <br />Broker as to the legal or tax consequences of this Agreement or the transaction(s) which it contemplates. These are <br />questions for your attorney and financial advisors. <br />-3- <br />
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