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Agmt99 Peninsula Habitat... (2)
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Agmt99 Peninsula Habitat... (2)
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Last modified
8/28/2012 3:07:56 PM
Creation date
5/19/2005 1:12:24 PM
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Template:
Agreement
Contractor Name
Peninsula Habitat for Humanity
PROJECT NAME
422 & 430 Lincoln Avenue
RMP File Number
304
Date
1/28/1999
Reso Ref
13546
Box
5900
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r > <br /> Agreement and shall otherwise deliver to the appropriate party any <br /> other documents which are required to be delivered. The Escrow <br /> Agent shall provide to each party a complete set of copies of all <br /> documents received or generated by the Escrow Agent in the Escrow <br /> and copies of both closing statements . <br /> Section 2 . 10 . Title Insurance. Concurrently with <br /> recordation of the Grant Deed, the Title Company shall provide and <br /> deliver to the Developer an ALTA owner' s policy of title insurance <br /> issued by the Title Company insuring that the title to the Property <br /> is as required pursuant to the terms of this Agreement . The title <br /> insurance policy shall be in the amount of One Million Two Hundred <br /> Two Thousand Five Hundred Dollars ($1, 202, 500 . 00) . <br /> Section 2 . 11 . Taxes and Assessments . Ad valorem taxes <br /> and assessments, if any, on the Property levied, assessed or <br /> imposed as to any period prior to conveyance of title through the <br /> Escrow, shall be borne by the Agency. <br /> Section 2 . 12 . Land Use and Environmental Approvals. The <br /> Developer must obtain any and all necessary land use approvals or <br /> changes required for the Project, including, without limitation, <br /> general and special plan amendments, conditional use permits <br /> required pursuant to applicable zoning ordinances, any and all <br /> modifications or variances including, but not limited to, those <br /> modifications or variances necessary for height, parking, signs and <br /> any and all other matters . The Agency requires that all <br /> requirements of the California Environmental Quality Act ("CEQA") <br /> and the National Environmental Policy Act ("NEPA") applicable to <br /> this Agreement and the Project, shall be met . The Developer shall <br /> � apply for all necessary environmental permits or clearances <br /> : applicable to the Project. <br /> Section 2 . 13 . Condition of the Propertv. <br /> a. The Property shall be conveyed in an "as is" <br /> condition with no warranty or liability, except as otherwise <br /> ; , <br /> provided herein, express or implied on the part of the Agency as to <br /> the condition of the soil, its geology or the presence of known or <br /> unknown faults or defects. <br /> b. It shall be the responsibility solely of the <br /> ` ; Developer, at the Developer' s expense, to investigate and determine <br /> ; � the soil and seismic conditions of the Property and its suitability <br /> � � for the development to be constructed thereon. After the Close of <br /> ' j Escrow, it shall be the responsibility solely of the Developer, at <br /> the Developer' s expense, to perform all work necessary to prepare <br /> the Property for development, other than the work related to the <br /> REDW\0006\DOC\013-6 <br /> 1 1 3/08/05 mvc <br />
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