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05-I Sycamore St. Ref to P&Z
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05-I Sycamore St. Ref to P&Z
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Last modified
9/12/2012 9:31:05 AM
Creation date
8/9/2002 8:30:55 PM
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Template:
AGENDA
Item Number
5-I
AGENDA - Type
RESOLUTION
Description
Street closing referral to P&Z
AGENDA - Date
8/12/2002
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i <br />Un4w~ PropaKy CaMraU Ca Paa~ Far 11-609 <br />(Addrcss ot ProPertY) <br />(5) If the Property is located outside the limits of a muntdpality, Seller notfies Buyer under §5.011, Texas <br />Property Code, that the Property may now or later be Included in ihe extratertitorial Jurisdictlon of a <br />. <br />municipality and may now or later be subject to annexation by the munidpality. Each munfdpality. <br />maintains a map that depicts (ts boundaries and extratertitorial jurisdicUon. To detertnine Hthe Property <br />is located within a muniapatityrs extraterritorlal jurisdiction oris Iikely to be located within e municipality's <br />ex7aterritorial jurisdction, contact ali municipalities located in the general probmity of the Property for <br />further infarmation. <br />(6) Unless expressly prohibited in writing by the parties, Seller may continue to show the Properly for sale <br />and to recelve, negotlate and accept back-up offers. <br />1) THIS CONTRACC CONfEMPLATES A NET $22,000.00 TO SELLER LES3 SELLER'S PBORATED TAXES. BUYER WILL PAY <br />ALL CLOSING COSI. <br />2) SEM.ER GRANTS TO BUYER ACCESS TO THE PROPERTY FOR THE PURPOSE OF COttDUGTIVG ENViROMENTAL SITE <br />TESfING. IF THE SiTE TESTING REVEAIS AN7 CONTAMll'IATION IN ERCESS OF PERMISSABI.E LIMTf3, BUYER MAY <br />TERMINATE TffiS COVTRACf APID BE ENTTTLED TO AN LMMED1ATE REI+f1ND On TTS CLOSING COSf S. <br />3) N'HEV THE TESCING HAS BEEN APPROVED BY BUYER, BUYER Wi1.L PROVIDE AHARD SURFACE ROAD TO SELLER'S <br />PROPERTY SO THAT SELLEA MAY REMOVE EiLS PERSONAL PROPEATY FROM THE YAR*"*S74sr i gpU"S YERSONAL <br />PROPFRTY WILi, RF. RRMOVRA F7tQM THR PRRMi3PS PRTOR TO CIA3INC,. Sftid.RR WR.i. 1FEAVP:90 DAYR TO MOVF. HT3 <br />PROPERTY. BUYER R'II.L CLOSE W1TM 30 DAY3 OF NOTICE TNAT THE PROPERTY HAS BE1+N REMOVED <br />BELLERpERMTfB BIIYER TO APPLY TO THE CPfP OF PARi9 TO CLO~ THE S['REET 1N FRONT OF TSE P&O ;PER11', Bi~ <br />~(TCH CL09IIVG NOT TO BE EFFECfIn UNTII. THE CL09II'1G OF THLR CONTRACf. ` . <br />7. PROPERTY CONDITION: <br />A. INSPECTIONS, ACCESS AND UTILITIES: Buyer may have the Property inspected by an inspector <br />selected by Buyer, licensed byTREC or othervvise permitted by law to make such inspections. Selier shall <br />permit access to the Property at reasonable times for inspection, repairs and Veatrnent and for <br />reinspection after repairs and Veatment have been completed. Seiler shali pay for tuming on uUlitles for <br />InspecUon and reinspecUon. <br />B. ACCEPTANCEOFPROPER7YCONDITION:NOTICE:Buyershoulddetertninetheavailability ofutilities <br />to the Property suitable to satisfy Buyer's needs. (check one box only): <br />❑(1) In addition to any eamest money deposited with escrow agent, Buyer has paid Seller <br />$ tviw (the "Option Fee") for the unresVicted right to tertninate this contract by giving <br />notice of terminafion to Seller within NiA days after the effective date of this contract. If Buyer <br />gives notice of termination within the time specified, the Option Fee will not be refunded, however, <br />any earnest money wiil be refunded to Buyer. If Buyer does not give notice of termination within <br />the time specified, Buyer will be deemed to have accepted the Property in its current condition and <br />the Option Fee ❑ will ❑ will not be credited to the Sales Price at closing. <br />43(2) Buyer accepts the Property in its present condition. <br />8. BROKERS' FEES: All obligations of Uie parties for payment of brokers' fees are contained in separete <br />written agreements. - <br />9. CLOSING: The dosing of the sale will be on or before JUNE ts• Zaoz , or <br />within 7 days after objections to matters disclosed in the Commitment or by the survey have been cured, <br />whichever date is later (the Closing Date). If financing or assumption approval has been obtained pursuant <br />to Paragraph 4, the Closing Date will be extended up to 15 days if necessary to comply with lenders closing <br />requirements. If either party fails to close this sale by the Closing Date, the non-defaulting qariy will be entitled <br />to exercise the remedies contained in Paragraph 15. At dosing Seller shall furnish tax statements or <br />certificates showing no delinquent taxes and a general warranty deed conveying good and indefeasible tiUe <br />showing no additional excepUons to those permitted in Paragraph 6. <br />10. POSSESSION: Seller shall deliver possession of the Property to Buyer at closing and funding. <br />11. SPECIAL PROVISIONS: (Insert onlyfactual statements and business details applicableto this sale. TREC <br />rules prohibit licensees from adding factual statements or business details for which a contract addendum, <br />lease or other form has been promulgated by TREC for mandatory use.) <br />InlUaled for ldenUflcatlon by <br />and Seller. <br />O1A TREC NO. 9-4 <br />,A,v,,,,r~w,w~swaor+e+rcoxo.aoa <br />. C <br />ea~Wrw~+NU+aweeero.e'w.It.aRw..~anwartwrn+e.~+.tie.ioeow.vq.r•. awm+.w+.ixrws3.feool Ni1iW77U.l.C./101. . MYW017F2WZ <br />TN~ MYYtlan MMbCaYW~ bbwA larwta bW MttlisM1 rtlb not MMnOY. Vw W atlr~ b ~~AeYtlm AMrAaay~W~ <br />
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