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5A1 Purchase Agreement for 802-812 S. Lafayette Blvd. (ChoiceLight, Inc.) - Signed
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5A1 Purchase Agreement for 802-812 S. Lafayette Blvd. (ChoiceLight, Inc.) - Signed
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5/22/2025 11:30:03 AM
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5/22/2025 11:29:59 AM
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Dept of Community Investment
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TO SELLER: Caleb Bauer <br />Executive Director <br />Department of Community Investment <br />City of South Bend <br />1400 S. County-City Building <br />227 W. Jefferson Blvd. <br />South Bend, Indiana 46601 <br />WITH COPY TO: South Bend Legal Department <br />Attn: Corporation Counsel <br />City of South Bend <br />1200 S. County-City Building <br />227 W. Jefferson Blvd. <br />South Bend, Indiana 46601 <br />This offer shall expire thirty (30) days after delivery unless accepted by Seller. To accept Buyer’s <br />offer, Seller shall return a copy of this Agreement, counter-signed by Seller in accordance with <br />applicable laws, to the following (“Buyer’s Representative”): <br />TO BUYER: ChoiceLight, Inc. <br />Attn: Regina Emberton <br />130 S. Main St, Suite 275 <br />South Bend, IN 46601 <br />remberton@choicelight.org <br />WITH COPY TO: Richard A. Nussbaum, II <br />Attorney for ChoiceLight, Inc <br />210 S. Michigan St, Suite 500 <br />South Bend, IN 46601 <br />3.PURCHASE PRICE <br />The purchase price for the Property shall be Fifteen Thousand Seven Hundred Fifty Dollars <br />($15,750.00) (the “Purchase Price”), payable by Buyer to Seller in cash at the closing described in <br />Section 10 below (the “Closing,” the date of which is the “Closing Date”). <br />4.BUYER’S DUE DILIGENCE <br />A.Investigation. Buyer and Seller have made and entered into this Agreement based <br />on their mutual understanding that Buyer intends to develop the Property into a telecommunications <br />shelter (the “Buyer’s Use”). Seller acknowledges that Buyer’s determination of whether Buyer’s <br />Use is feasible requires investigation into various matters (Buyer’s “Due Diligence”). Therefore, <br />Buyer’s obligation to complete the purchase of the Property is conditioned upon the satisfactory <br />completion, in Buyer’s discretion, of Buyer’s Due Diligence, including, without limitation, <br />Buyer’s examination, at Buyer’s sole expense, of zoning and land use matters, environmental
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