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No. 1921 approving execution of an addendum to contract for purchase/sale of real estate and other related documents concerning acquisition of property located in the SBCDA
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No. 1921 approving execution of an addendum to contract for purchase/sale of real estate and other related documents concerning acquisition of property located in the SBCDA
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10/18/2012 2:01:06 PM
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%k: i. iv. LUUL 4:4tirivi <br />IN U. [)/ r. <br />(b) Purchaser will have prepared, at its expense, all documents necessary to <br />vacate the alleys included in the Additional Property, including petitions, legal sur.,eys. <br />title and replatting documents. Further, Purchaser will take the lead in presenting the <br />necessary documents, appearing at public meetings and entering into discussions with <br />adjacent property owners as required for the alley vacations and related actions. <br />(c) Purchaser will provide Seller with a quit -claim deed, an Alta Survey, and <br />title insurance on the Additional Property. <br />(d) Seller will construct, at its expense, the improvement, and landscaping <br />generally depicted in the Site Plan. <br />(e) Purchaser will. provide Seller, at no cost to Seller, the necessary easement <br />within the public right of way of the sidewalk to construct the landscaping and planter <br />buffer generally depicted in the Site Plan. <br />(f) Purchaser shall request of Tom Herrman that he disclaim any interest in <br />the southern half of the east -west alley to be vacated. If Mr. Herrman agrees to such a <br />disclaimer, that portion of the east -rest alley directly south of Seller's existing parking <br />lot and the Additional Property shall be conveyed or othenvise transferred to Seller upon <br />vacation. <br />(g) Purchaser vi-rill assure that any purchaser of the development parcel to the <br />east of Seller's property depicted on the Site Plan will adequately irrigate and otherwise <br />maintain any landscaping, adjacent to Seller's property. <br />IN WITNESS WHEREOF, the undersigned executed and delivered this Addendum to <br />Contract for Purchase and Sale of Real Estate on the date set forth opposite the name of each. <br />Dated: <br />"PURCHASER" <br />SOUTH BEND REDEVELOPIMENT <br />COMMISSION <br />i. <br />Robert W. Hunt, President <br />ATTEST: <br />, Secretary <br />
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