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2005-048-RES PURCHASE OF CITY OF PARIS PROPERTY 36 AND 40 EAST KAUFMAN ST
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2005-048-RES PURCHASE OF CITY OF PARIS PROPERTY 36 AND 40 EAST KAUFMAN ST
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8/18/2006 4:26:51 PM
Creation date
4/4/2005 1:52:22 AM
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CITY CLERK
Doc Name
2005
Doc Type
Resolution
CITY CLERK - Date
3/28/2005
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<br />Resolution by the City Council; provided, however, that should the current or new zoning <br />for such property be unsuitable to PURCHASER at such time as the zoning classification <br />shall exist thirty (30) days following the date of award by the City Council, then <br />PURCHASER may provide notice of termination and terminate this Agreement and receive <br />full reimbursement of any and all deposits made hereunder. Should PURCHASER fail to <br />object to the zoning for said property as specified herein in a timely manner, then <br />PURCHASER shall accept the property subject to the then current zoning as specified <br />herein, and any future revisions of the zoning for said property shall be the sole responsibility <br />of PURCHASER. <br /> <br />12. The sale of this property shall be subject to a fee simple determinable condition, requiring <br />PURCHASER to substantially complete a remodeling of the interior and exterior of the <br />building structure, such remodeling to begin no later than six (6) months following transfer <br />of title and to be completed no later than eighteen (18) months after such remodeling begins. <br />For purposes of ascertaining the start date for such remodeling, the date of issuance of a <br />building permit by the City of Paris for such remodeling shall be determinative. If this fee <br />simple determinable condition is not satisfied, as provided herein, the property will <br />automatically revert to and be owned by PURCHASER without the necessity for any further <br />act on the part of the PURCHASER, it being SELLER's intent to convey a determinable <br />estate to PURCHASER. Should PURCHASER satisfy this fee simple determinable <br />condition, on a timely basis, SELLER shall execute an affidavit stating that the condition has <br />been fulfilled, and PURCHASER may file said affidavit as PURCHASER deems <br />appropriate. Before any such remodeling begins, PURCHASER must not only comply with <br />the building codes of the City of Paris, but must obtain all necessary permits from the city <br />of Paris, including but not limited to, building permits and a Certificate of Appropriateness <br />from the Historic Preservation Commission of the City of Paris. The provisions of this <br />section regarding the property will be included in the deed with appropriate modification of <br />terms as the context requires. <br /> <br />13. The following additional provisions apply to this Agreement: <br /> <br />A. This Agreement shall be governed by the Laws of the State of Texas, and venue for <br />any actions under this Agreement shall lie exclusively in the Courts of Lamar <br />County, Texas. If any provision of this Agreement is determined to be illegal, invalid <br />or unenforceable, such determination shall not affect the legality, validity, and <br />enforceability of the remaining provisions of this Agreement. <br /> <br />B. This Agreement shall be binding upon the parties' executors, personal <br />representatives, legatees and heirs. <br /> <br />C. Notices, demands or other communications hereunder shall be in writing and <br />delivered in person or via telecopy, overnight delivery service or certified mail, return <br />receipt requested, to the addresses listed in this Agreement. <br /> <br />PageS of 8 <br />
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