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RES 16-85
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RES 16-85
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12/21/2016 11:05:10 AM
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12/21/2016 11:05:04 AM
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City Government
type
RES
date
12/19/2016
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assemblage of the properties, including but not limited to survey costs, platting <br />costing, legal fees, application fees, etc. <br />16. MINNEOCTA LAW. This Agreement shall be governed by the laws of the <br />State of Minnesota. <br />17. REPRESENTATION. Kennedy and Graven is representing the Buyer in <br />the preparation of this Agreement and the closing hereunder. Seller is <br />represented by the Sherburne County Attorney's Office. <br />18. RESERVED RIGHTS. The following language shall be included in the <br />Deed conveying the Real Property in this transaction: <br />(A) Seller retains for the State of Minnesota all mineral rights in the <br />land. <br />(B) The conveyance is subject to any existing utility and road <br />easements of record or in existence. <br />(C) As set forth in Section 8, Buyer is responsible for addressing any <br />ingress/egress crossing of the lands by adjoining landowners and <br />indemnifying and holding the Seller harmless from the same. <br />19. CONTINGIEIh7CHES. <br />(A) This purchase agreement is contingent upon the Buyer purchasing <br />the lands described in paragraph 10 above. It is subject to the <br />further contingency that the Buyer will obtain by march 1, 2017 <br />all necessary approvals, architectural reviews, licenses, zoning, <br />subdivision, conditional use permits, interim use permits, <br />variances, building permits for the bill board, environmental <br />permits/ approvals and all other necessary permits or approvals for <br />the development of the property all at no cost to the Seller. Buyer <br />shall promptly act to obtain such necessary permits and approvals <br />and the Seller shall assist in the application process so far as the <br />consent of the Seller is required. <br />(B) This agreement is further contingent upon the Buyer making a <br />determination that the proposed development can be constructed <br />on the property without the use of piling, extraordinary filling or <br />similar extraordinary land preparation steps which would make it <br />financially impractical for the Buyer's intended use. If the Buyer is — <br />unable to ensure this, the Buyer may seek nullification of this <br />
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