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<br /> -8- <br /> 19. TIME. Time is of the essence. <br /> <br /> 20. SPECIAL PROVISIONS. (This section to include additional factual data relevant <br /> to the sale which may include addenda.) <br /> Seller may retain at no cost, any pens, barns, grain storage facilities or other <br /> improvements on the property, with the exception of the perimeter fencing. 5elle:r <br /> * See ~~ t"ctaiR$ the right to maiRtaiR agric~1tl:ll"'al &Ðerati6ns 6n the pro~e,.ty YIJt;l <br /> Ratifies 81 8~yer af Bijycr's iRtØRt to COIflffiCROC I:Ise 6r eoRstrtlctlon on the <br /> property which notice shall be within 98U:Z3¡Z} CO"~ jell{'E:,,,çllt. <br /> Uø The obligations set forth in this paragraph will survive the closing. <br /> 21. BROKER'S FEES/COMMISSIONS. The Buyer is responsible for paying any <br /> commissions or fees for brokerage services obtained by the Buyer. The Sener has <br /> not utilized the services of a real estate broker in connection with this transaction <br /> and has not agreed to pay brokerage fees or commissions. The Buyer will indemnify <br /> the SeUer from any claims for brokerage fees or commissions arising in connection <br /> with this contract. <br /> EXECUTED in multiple counterparts by the Seller and Buyer on the dates set forth below. <br /> The later signature date will be the Effective Date of this Contract. <br /> BUYER: SELLER: <br /> City of San Marcos <br /> *'~~ .d ~ Û)J1\. ~ <br /> <br /> Lar D.. I ey, City nager Bill Soyars ' <br /> Date:¡c.).'f¡ -'17 Date: <¡-j ~'11 <br /> <br /> Receipt of $ Earnest Money is acknowledged in the form of check <br /> # <br /> <br /> Escrow agent printed name <br /> By: <br /> Printed name, title: <br /> Date: <br /> * Buyer will allow Seller to lease-back the Property at a rental rate of $10.00 per year from the <br /> date of Closing until September 1,2001. During the lease-back term, Buyer may discharge waste- <br /> water treatment plant effluent into the leased property, and Seller agrees to hold the Buyer <br /> harmless from such discharge. Seller agrees that this lease of the Property will be for <br /> Agricultural purposes only. Seller may not assign such lease without the consent of the Buyer. <br /> Seller agrees to hold the Buyer, its officers, agents and employees harmless from claims for <br /> personal injuries or property damage related to Buyer's use of a 35.194 acre tract of property <br /> which Buyer is simultaneously purchasing from Seller for water treatment and transmission purpose~ <br /> VvtI~ <br /> h, <br />