Agenda - Council - 01/13/2015 - Laserfiche WebLink

Home

vii)MPCA Petroleum Tank Release Site File Closure viii)Geotechnical Soils Evaluation ix)Hazardous Materials Survey x)Aerial Photo xi)Lidar Contours Map xii)Street Map xiii)Sewer and Water Map xiv)Official Zoning Map xv)Development Concept Maps xvi)Consumer Confidence Report (water) f.Inspection and Due Diligence Investigation Period. Buyer shall be afforded a period of sixty (60) days from the Effective Date to and due diligence investigations are not completed within the Due Diligence Period for no fault of Buyer, Buyer may request and Seller shall grant one (1) thirty (30) day extension of the inspection and due diligence period. g.Financing. the Buyer obtaining a reasonably satisfactory financing commitment within One Hundred Twenty (120) days after the signing of this agreement. h. If any contingency has not been satisfied or waived by Buyer, in its sole discretion, on or before the Closing Date, then Buyer may at its option terminate this Agreement by written notice to the Seller at any time on or before the Closing Date. Upon termination of this Agreement pursuant to this Section 3 (and except as otherwise provided herein), all of the Earnest Money, and any interest accrued thereon, shall be immediately released to Buyer, and upon such return this Agreement shall terminate and neither party shall have any further rights or obligations regarding this Agreement or the Property. All of the contingencies Buyer shall have the right to uni contained in this Agreement. Notwithstanding the foregoing, nothing contained in this Section 3 will waive or diminish any right or remedy Buyer may have for 5. Se agents, employees, contractors and experts to enter upon the Property during the Due Diligence 4