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Res 2024-229 approving a Sales Contract with Hays County for the City’s purchase of the Five Mile Dam Park property in the vicinity of Old Stagecoach Road and Five Mile Park Road,
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Res 2024-229 approving a Sales Contract with Hays County for the City’s purchase of the Five Mile Dam Park property in the vicinity of Old Stagecoach Road and Five Mile Park Road,
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12/2/2024 2:33:07 PM
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Resolutions
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Approving
Number
2024-229
Date
11/19/2024
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Purchase Price: $1 and public policy considerations <br /> Earnest Money:None <br /> Surveyor: Byrn &Associates, Inc. <br /> County for Performance: Hays County, Texas <br /> A. Deadlines and Other Dates <br /> All deadlines in this contract expire at 5:00 P.M. local time where the Property is located. <br /> If a deadline falls on a Saturday, Sunday, or national holiday,the deadline will be extended to the <br /> next day that is not a Saturday, Sunday, or national holiday. A national holiday is a holiday <br /> designated by the federal government. Time is of the essence. The parties agree that they may <br /> jointly amend these deadlines by administrative action, without governing board approval. <br /> 1. Effective Date:November 19, 2024 <br /> 2. Delivery of Title Commitment: 30 days after the Effective Date <br /> 3. Delivery of Survey: 90 days after the Effective Date <br /> 4. Delivery of legible copies of instruments referenced in the Title Commitment and <br /> Survey 120 days after the Effective Date <br /> 5. Delivery of Title Objections: 120 days after delivery of the Title Commitment, <br /> Survey, and legible copies of the instruments referenced in them <br /> 6. Delivery of Seller's records as specified in Exhibit C: 60 days after the Effective <br /> Date <br /> 7. End of Inspection Period: No later than 120 days after the Effective Date. <br /> 8. Closing Date: No later than 150 days after the end of the Inspection Period. <br /> B. Closing Documents <br /> 1. At closing, Seller will deliver the following items: <br /> General Warranty Deed <br /> Bill of Sale <br /> Evidence of Seller's authority to close this transaction <br /> Notices, statements, and certificates as specified in Exhibit D <br /> 2. At closing, Buyer will deliver the following items: <br />
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