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Res 2001-207
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Res 2001-207
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7/11/2006 8:30:36 AM
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7/11/2006 8:30:24 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Contract
Number
2001-207
Date
12/10/2001
Volume Book
145
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<br />-4- <br /> <br />10. CONDEMNA TION. If eminent domain proceedings are initiated by a third party as to all <br />or any part of the Property before the Closing Date, the Seller will promptly give the Buyer <br />written notice, and the Buyer will have the option of either applying the proceeds of any <br />condemnation award to reduce the Sales Price, or the Buyer may terminate this Contract by <br />delivering written notice to the Seller and the Earnest Money will be promptly refunded to <br />the Buyer. <br /> <br />11. ATTORNEY'S FEES. Any party to this Contract who is the prevailing party in any legal <br />proceeding to enforce the terms of this Contract will be entitled to recover court costs and <br />reasonable attorney fees from the non-prevailing party. <br /> <br />12. NOTICES. Except as otherwise expressly provided in this Contract, any notice or <br />communication under this Contract will be deemed to be delivered, whether actually received <br />or not, when either hand delivered, or deposited in the United States mail, postage fully <br />prepaid, registered or certified mail, and addressed to the intended recipient at the address <br />set forth below: <br /> <br />Buyer: <br /> <br />City Manager <br />City of San Marcos <br />630 East Hopkins <br />San Marcos, TX 78666 <br /> <br />Seller: <br /> <br />A1badelana Daniel <br />1204 Marlton Street <br />San Marcos, TX 78666 <br /> <br />Notice sent in any other way will be deemed delivered when and if actually received. A <br />party that changes its address will give prompt written notice of the change to the other party. <br /> <br />13. INTEGRATION. This Contract contains the complete agreement between the parties <br />and cannot be amended except by a written document signed by the parties. The parties <br />agree that there are no oral agreements, understandings, representations or warranties which <br />are not expressly set forth in this Contract. <br /> <br />14. BINDING EFFECT. This Contract will be binding upon, and inure to the benefit of, the <br />parties and their respective heirs, successors, legal representatives and assigns. <br /> <br />15. ASSIGNMENT; WAIVER. Neither party may assign this Contract without the written <br />consent of the other party. The failure of a party to insist upon strict compliance with this <br />Contract by the other party on one or more occasions will not constitute a waiver of the right <br />to thereafter enforce such compliance. <br />
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