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Agenda - Council - 12/08/2020
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Agenda - Council - 12/08/2020
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3/17/2025 2:11:01 PM
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12/8/2020 1:13:58 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/08/2020
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7. Cost of environmental site assessment. <br />8. Cost of title commitment and owner's title insurance policy. <br />d. Possession. Donor must deliver possession of the Property at Closing. <br />10. Entire Agreement. This Agreement constitutes the complete agreement between <br />the parties and supersedes any prior oral or written agreements between the parties <br />regarding the Property. No modification of the terms of this Agreement are <br />effective unless in writing and executed by the parties. <br />11. Remedy. In the event that, following execution of this Agreement, Donor decides <br />not to donate the Property to the City, Donor shall pay the costs incurred by the <br />City for the title commitment and Phase I environmental site assessment, and shall <br />be responsible for the appraisal costs. <br />12. Construction. The Parties acknowledge that this Agreement was initially <br />prepared by the City solely as a convenience and that all parties and their counsel <br />hereto have read and full negotiated all the language used in this Agreement. <br />Consequently, no rule of construction shall apply to this Agreement to construe <br />ambiguous or unclear language in favor of or against any party. <br />[Remainder of page left blank intentionally.] <br />5 <br />
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