Laserfiche WebLink
Executive Director <br />Department of Community Investment <br />City of South Bend <br />Suite 500 <br />215 S. Dr. Martin Luther King Blvd 46601 <br />South Bend, Indiana 46601 <br />WITH COPY TO: South Bend Legal Department <br />Attn: Corporation Counsel <br />City of South Bend <br />Suite 600 <br />215 S. Dr. Martin Luther King Blvd 46601 <br />South Bend, Indiana 46601 <br />This offer shall expire ten (10) 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: Momentum Development Group, LLC <br />P.O. Box 815 <br />South Bend, IN 46624 <br />Attn: Mark Neal <br />Email:_________________ <br />WITH COPY TO: ______________ <br />________________ <br />________________ <br />________________ <br />3.PURCHASE PRICE <br />The purchase price for the Property shall be One Thousand Dollars ($1,000.00) (the “Purchase <br />Price”), payable by Buyer to Seller in cash at the closing described in Section 10 below (the <br />“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 <br />based on their mutual understanding that Buyer intends to develop the Property into an office <br />and distribution center (the “Buyer’s Use”). Seller acknowledges that Buyer’s <br />determination of whether Buyer’s Use is feasible requires investigation into various <br />matters (Buyer’s “Due Diligence”). Therefore, Buyer’s obligation to complete the <br />purchase of the Property is conditioned upon the satisfactory completion, in Buyer’s <br />discretion, of Buyer’s Due Diligence, including, without limitation, Buyer’s examination, <br />at Buyer’s sole expense, of zoning and land use matters, environmental matters, real <br />property title matters, and the like, as applicable.