My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Res 2018-201/approving a Real Estate sales contract with Life Style Development, L.L.C. for the sale of approximately 29 acres of city land commonly known as the “Leah” Tract near IH-35 and Cottonwood Parkway for a price of $3,114,317.15
San-Marcos
>
City Clerk
>
03 Resolutions
>
2010's
>
2018
>
Res 2018-201/approving a Real Estate sales contract with Life Style Development, L.L.C. for the sale of approximately 29 acres of city land commonly known as the “Leah” Tract near IH-35 and Cottonwood Parkway for a price of $3,114,317.15
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/15/2018 3:25:51 PM
Creation date
10/23/2018 3:20:58 PM
Metadata
Fields
Template:
City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Contract
Number
2018-201
Date
10/16/2018
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
24
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
S. Seller represents that the Property is presently zoned GC General Coninicreial. <br />8. No Other Rej,)resenlalion. Except as stated above, Seller makes no representation <br />with respect to the Property. <br />9. No kVarranly. Seller has made no warranty in connection with this contract, <br />B. "As Is, Where Is" <br />THIS CONTRACT IS AN ARM'S-I..,ENGTH AGREEMENT BFTWE,'EN THE PARTIES. '171 -IF, <br />PURCHASE PRICE WAS BARGAINED ON THE BASIS OF AN "AS IS, WHERE IS"TRANSACTION <br />AND REFLECTS THE AGREEMENT OF THE PARTIES THATTHERE ARE NO REPRESENTATIONS, <br />DISCLOSURES, OR EXPRESS OR IMPLIED WARRANTIES, EXCEPT THOSE IN THIS CONTRACT <br />AND THE CLOSING DOCUMENTS. <br />BUYER IS NOT RELYING ON ANY REPRESENTATIONS, DISCLOSURES, OR EXPRESS OR <br />IMPLIED WARRANTIES OTHER THAN THOSE EXPRESSLY CONTAINED IN THIS CONTRACT, <br />SELLER'S RECORDS IN EXHIBIT C, AND THE CLOSING DOCUMENTS. BUYER IS NOTRELYING <br />ON ANY INFORMATION REGARDING THE PROPERTY PROVIDED BY ANY PERSON, OTHER THAN <br />BUYER'S OWN INSPECTION AND THE REPRESENTATIONS AND WARRANTIES CONTAINED IN <br />THIS CONTRACT AND THE CLOSING DOCUMENTS, <br />The provisions of this section B regarding the Property will be included in the deed with <br />appropriate modification of terns as the context requires. <br />C. Environmental Matters <br />AFTER CLOSING, BUYER RELEASES SELLER FROM LIABILITY FOR ENVIRONMENTAL <br />PROBLEMS AFFECTING THE PROPERTY, INCLUDING LIABILITY (1) UNDER THE <br />COMPREHENSIVE ENVIRONMENTAL RESPONSE, COMPENSATION, AND LIABILITY ACT <br />(CERCLA), THE RESOURCE CONSERVATION AND RECOVERY Aur (RCRA), THE TEXAS <br />SOLID WASTE DISPOSAL ACT, OR THE TEXAS WATER CODE; OR (2) ARISING AS TI IF.., RESULT <br />OFTHEORIES OF PRODUCTS LIABILITY AND STRICT LIABILITY, OR UNDER NEW LAWS OR <br />CHANGES TO EXISTING LAWS, ENACTED AFTER THE EFFECTIVE DATE THAT WOUt,D <br />OTHERWISE IMPOSE ON SELLERS IN THIS TYPE OF TRANSACTION NEW LIABILITIES FOR <br />ENVIRONMENTAL PROBLEMS AFFECTING THE PROPERTY. <br />The provisions of this section C regarding the Property will be included in the deed with <br />appropriate modification of terms as the context requires. <br />D. Buyer's Representations to Seller <br />Buyer represents to, Seller that the following are true and correct as of the Effective Date <br />and will be true and correct on the Closing Date. <br />
The URL can be used to link to this page
Your browser does not support the video tag.