Laserfiche WebLink
City: 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 July 31, 2021, 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 <br />the parties mutually agree to prior to such date. <br />a. Donor's Obligations at Closing. At Closing, Donor must deliver to the City <br />the following: <br />i. A quit claim deed, duly executed and acknowledged on behalf of the <br />Donor conveying title to the Property, subject to (A) the lien of real <br />estate taxes, if any, not yet due and payable; (B) Matters that would <br />be disclosed by an accurate survey of the Property; and (C) matters <br />that constitute Permitted Exceptions. <br />ii. Seller's Affidavit, well disclosure certificate (if required), settlement <br />statement approved by the Donor, and any other documents <br />necessary to effectuate the closing. <br />b. City's Obligations at Closing. At Closing, the City must: <br />i. Provide funds to cover those costs for which the City is responsible <br />under this Agreement; <br />ii. File an e-CRV as necessary. <br />c. Closing costs. <br />i. At Closing, the following Donor closing costs and expenses must be <br />paid by the Donor: <br />1. Donor's portion of the property taxes prorated to the date of <br />Closing. <br />2. Donor's own attorney's fees. <br />3. State deed tax. <br />4. Cost of title commitment. <br />ii. At Closing, the City must pay the following costs and expenses: <br />1. City's portion of the property taxes prorated to the date of <br />Closing. <br />4 <br />