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AgdaPkt 2020-11-16 Special
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AgdaPkt 2020-11-16 Special
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Last modified
11/17/2020 10:54:32 AM
Creation date
11/12/2020 6:50:43 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Special
Agency Type
City Council
Date
11/16/2020
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5.A. - Page 277 of 302 <br />TABLE OF CONTENTS <br />Page <br />1. AGREEMENT TO PURCHASE AND SELL................................................................ 2 <br />2. INDEPENDENT CONSIDERATION............................................................................ 2 <br />3. PURCHASE PRICE......................................................................................................... 3 <br />3.1. Deposit....................................................................................................................4 <br />3.2. Balance...................................................................................................................4 <br />4. DUE DILIGENCE............................................................................................................ 5 <br />4.1. <br />Property Documents............................................................................................. 5 <br />4.2. <br />Investigations......................................................................................................... <br />5 <br />4.3. <br />Contingency Period............................................................................................... <br />6 <br />4.4. <br />Insurance............................................................................................................... <br />7 <br />4.5. <br />Title and Survey.................................................................................................... <br />7 <br />4.6. <br />Buyer Financing Plan for Building F................................................................ <br />10 <br />5. SELLER'S REPRESENTATIONS AND WARRANTIES ......................................... 11 <br />5.1. Representations and Warranties....................................................................... 11 <br />5.2. Survival and Restatement.................................................................................. 12 <br />5.3. Seller's Knowledge.............................................................................................. 13 <br />6. BUYER'S REPRESENTATIONS AND WARRANTIES ........................................... 13 <br />6.1. <br />No Conflicts......................................................................................................... <br />13 <br />6.2. <br />Due Organization; Consents.............................................................................. <br />14 <br />6.3. <br />Buyer's Authority; Validity of Agreements...................................................... <br />14 <br />7. COVENANTS OF SELLER.......................................................................................... <br />14 <br />7.1. <br />Notice of Change in Circumstances................................................................... <br />14 <br />7.2. <br />Insurance............................................................................................................. <br />14 <br />7.3. <br />No Defaults; Maintenance of Property............................................................. <br />14 <br />7.4. <br />Exclusive Negotiations........................................................................................ <br />15 <br />7.5. <br />Service Contracts................................................................................................ <br />15 <br />7.6. <br />Leases...................................................................................................................15 <br />7.7. <br />Litigation..............................................................................................................15 <br />8. CONDITIONS PRECEDENT TO CLOSING............................................................. <br />15 <br />8.1. <br />Buyer's Conditions.............................................................................................. <br />15 <br />1199\11\2925009.5 <br />' <br />ATTY/AGR/2020.257/REDWOOD <br />CITY GREYSTAR PURCHASE & SALE AGREEMENT 1306 MAIN ST <br />REV: 11-05-2020 VR <br />:1 <br />
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