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CCP 06-02-2014
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CCP 06-02-2014
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12/8/2014 12:33:07 PM
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6/2/2014 8:17:09 AM
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(3) A standard Seller's Affidavit with respect to judgments, bankruptcies, tax <br />liens, mechanics liens, parties in possession, unrecorded interests, encroachment or <br />boundary line questions and related matters. <br />(4) If applicable, the owner's duplicate certificate of title (the City need not <br />provide an abstract of title if the property is classified as abstract property). <br />(5) An affidavit that the City is not a "foreign person" within the meaning of <br />Section 1445 of the Internal Revenue Code. <br />(6) The Monitoring Easement Agreement. <br />(7) The Remediation and Public Improvement Escrow Agreement (as defined <br />below). <br />(8) The Minimum Improvement Construction Escrow Agreement (as defined <br />below). <br />(9) A bring down certificate that certifies that the representations and <br />warranties of the City contained in this Agreement remain true and correct as of the <br />Closing Date. <br />(10) The affidavit under Minn. Stat. § I I5B.16, subd. 2., if required. <br />(11) The Closing Agreement referenced in Section 4.1(a). <br />(b) At Closing, the Owner shall deliver to the City: <br />(1) The balance of the Purchase Price, plus or minus pro rata costs between <br />the City and the Owner as set forth herein. <br />(2) Park dedication fees for the Redevelopment Property in the amount <br />described herein. <br />(3) An executed Prohibition Against Tax Exemption. <br />(4) The Monitoring Easement Agreement. <br />(5) The Remediation and Public Improvement Escrow Agreement (as defined <br />below). <br />(6) The Minimum Improvement Construction Escrow Agreement (as defined <br />below). <br />(7) A bring down certificate that certifies that the representations and <br />warranties of the Owner contained in this Agreement remain true and correct as of the <br />Closing Date. <br />18 <br />
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