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Res 2018-152/approving a contract with the Texas Realty Retail Partners, Inc. for the City to purchase approximately 27.094 acres of land located on the South Side of Farris Street near its intersection with Wilson Street for a price of $475,000.00 for s
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Res 2018-152/approving a contract with the Texas Realty Retail Partners, Inc. for the City to purchase approximately 27.094 acres of land located on the South Side of Farris Street near its intersection with Wilson Street for a price of $475,000.00 for s
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9/25/2018 10:24:26 AM
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9/4/2018 11:32:48 AM
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City Clerk - Document
Resolutions
City Clerk - Type
Contract
Number
2018-152
Date
8/21/2018
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which public health and safety concerns remain. Seller agrees to remove this pile, together with <br /> any other construction debris completely from the Stagecoach Property before the Closing Date. <br /> Notwithstanding anything to the contrary in this contract, Buyer shall have no obligation to close <br /> or purchase the Property if,as of the Closing Date, the spoils pile and any construction debris have <br /> not been completely removed to Buyer's reasonable satisfaction. In such event, at Buyer's sole <br /> option, Buyer's City Manager may agree to extend the Closing Date for up to 90 days to allow <br /> additional time for such removal or terminate this contract by providing written notice of <br /> termination to Seller. <br /> [SIGNATURES ON SEPARATE PAGES] <br />
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