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Agenda - Council - 12/08/2020
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Agenda - Council - 12/08/2020
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Meetings
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Council
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12/08/2020
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c. There were no labor or materials furnished to the Property for which payment has <br />not been made. <br />d. There are no unrecorded contracts, leases, easements or other agreements or <br />interests relating to the Property. <br />e. There are no persons in possession of the Property. <br />f. There are no liens of any kind against Donor that affect the Property. <br />g• <br />There were no bankruptcy or dissolution proceedings involving Donor during the <br />time period in which Donor had any interest in the Property. <br />8. Notices. Notices permitted or required by this Agreement must be in writing and shall be <br />deemed given when delivered in legible form to the party to whom addressed. Notices <br />may be sent by certified mail, overnight mail delivery (such as UPS or FedEx) or e-mail. <br />Notices are effective two business days after they are mailed via certified mail, return <br />receipt requested or, if delivered in any other manner, when the party to whom the notice <br />is directed actually receives the notice. If delivered at the Closing, a notice shall be <br />deemed given when hand -delivered to the party's representative at the Closing. The <br />business addresses of the parties are as follows: <br />Donor: Tom Sauter <br />T & G Land, Inc. <br />6651 141st Ave. N.W., Ste. 3 <br />Ramsey, MN 55303 <br />tsauter03@gmail.com <br />City: <br />City Administrator <br />City of Ramsey <br />7550 Sunwood Drive N.W. <br />Ramsey, MN 55303 <br />kulrich@ci.ramsey.mn.us <br />9. Closing. This transaction shall close on or before December 31, 2020, or the expiration <br />or waiver of the Inspection Period or on such earlier date as Donor and City may <br />establish by mutual, written agreement. The Closing shall take place at a location the <br />parties mutually agree to prior to such date. <br />a. Donor's Obligations at Closing. At Closing, Donor must deliver to the City the <br />following: <br />i. A warranty deed, duly executed and acknowledged on behalf of the Donor <br />conveying title to the Property, subject to (A) the lien of real estate taxes, <br />if any, not yet due and payable; (B) Matters that would be disclosed by an <br />accurate survey of the Property; and (C) matters that constitute Permitted <br />Exceptions. <br />Resolution #20-289 <br />Page 5 of 8 <br />
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