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(e) The construction of a 6" sanitary sewer tap at station 20 +33, 39' Rt. of Line 'D' for <br />benefit of developed parcel comprised of items (i) through (iv) in paragraph (d) above. The <br />existing sanitary sewer and storm water utilities along Lafayette Boulevard and South Main Street <br />have adequate capacity to serve a commercial use similar to those already in the immediate area <br />and will be available for connection without disturbing the proposed crossover construction. See <br />Attachment "D" for availability of sanitary sewer and water utilities. <br />(f) The Commission agrees to compensate the Owner in the amount of $79,090.00 <br />based upon the difference in land amount to be ag ined by the Owner in the August 17, 2007 <br />agreement versus the net loss of Owner's land area under the currently approved Plans. The <br />area of transfer is detailed on Attachment "B ". <br />And (2) upon and subject to the following terms and conditions: <br />(a) Owner shall convey by warranty deed: <br />(i) portions of 4223 South Main Street — Key No. 23- 1025 -1431; <br />(ii) a portion of 4315 South Main Street — Key No. 23- 1025 -1434 <br />(iii) a portion of 4319 South Main Street — Key No. 23- 1025 -1349; and, <br />(iv) a portion of 4418 South Lafayette Blvd. — Key No. 23- 1025 -1364. <br />For the purposes of road construction, public right of way, and storm water <br />detention facility as detailed on Attachment "C ". <br />(b) Owner shall grant a right of entry over parcels listed in paragraph (a). <br />Furthermore: <br />(a) With the exception of (i) the asbestos and other environmental testing described <br />in paragraph (a) above and (ii) the survey described in paragraph (f) below, each party shall <br />arrange and bear the cost of any title insurance commitment and /or policy, any survey and any <br />other assessment, study, testing or investigation it may request as to any parcel of real property <br />to be conveyed to it under this Agreement. <br />(b) Each party acknowledges that the other party has made no warranties or <br />representations pertaining to the quality or condition of any parcel of the real estate to be <br />conveyed by it to the other or the presence of any hazardous materials thereon, therein or with <br />respect thereto, and agrees to take title to each such parcel in an "as is" condition, and each <br />party hereby disclaims any warranties, including, without limitation, as to merchantability, fitness <br />for any particular use, or compliance with any environmental laws or with respect to the presence <br />of any hazardous materials thereon, therein or with respect to each such parcel. <br />(c) The parties agree to reasonably cooperate with each other in furtherance of the <br />South Side Area Development Plan, the Crossover Project and the creation of a fully integrated <br />and commercially attractive development site comprising the whole of the Development Block <br />south of the Crossover Project; and in furtherance thereof, the parties commit to preparing and <br />executing an agreement concerning their respective and mutual interests in the future <br />development of the site for retail and /or other commercial purposes, which agreement shall <br />address, among other things, (i) any rezoning, special use permits or variances necessary or <br />useful towards enhancing the use and marketability of the site, (ii) points and means of access, <br />both vehicular and pedestrian, to and from the site, (iii) street and alley vacations, (iv) relocation <br />of utilities and /or utility easements, (v) new easements or licenses, (vi ) environmental issues not <br />addressed or covered through the testing described in paragraph (a) above, (vii) landscaping and <br />buffers, (viii) restrictive covenants and (ix) any other matter or condition concerning the site not <br />inconsistent with the terms of this Amendment to Accepted Counter -Offer or of the Southside <br />Development Master Plan. <br />-2- <br />