Agmt25 Property Purchase Agreement _ US Highway 101/ State Route 84

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GRANTOR: PATRICIA A. KREAGER, JUDY ANN FREEMAN, AND .TEFF ALAN KREAGER, APN: 052.431-020 (portion of) Co -TRUSTEES OF THE ,LAMES D. KREAGER AND PATRICIA A. KREAGER FAMILY TRUST PROJECT PARCEL No. 84075 UTA DATED MARCH 13,1989 PROJECT: US HIGHWAY 101 / STATE ROUTE 84 (WOODSIDE ROAD) INTERCHANGE IMPROVEMENT PROJECT C. Pay all escrow and recording fees incurred in this transaction and, if title insurance is desired by CITY, the premium charged, therefore. (Said escrow and recording charges shall not, however, include documentary transfer tax.) D. This transaction will be handled through an escrow by First American Title Insurance Company at 2230 East Bidwell Street, Suite 100, Folsom, CA 95630, for the account of the GRANTOR, Escrow No. is to be determined, conditioned upon the Subject Property vesting in the CITY. E. The consideration set forth in Clause 2A herein shall include payment in full for the following improvements: All buildings, structures and other improvements affixed to the land which are owned by GRANTOR as owner or the TENANT of the real property proposed to be acquired will also be conveyed unless other disposition of these improvements has been made. Specifically, Asphalt Paving (120+/- SF) within the Subject property. 3. Temporary Construction Easement (Non -Revocable) A. The Temporary Construction Easement is as defined in Exhibit "2". B. In the event GRANTOR sells, conveys or assigns the property of which the Subject Property is a part, GRANTOR shall notify the successor or assigner of the rights and obligations contained in this Agreement. 4. Work Performed All work done under this Agreement shall conform to all applicable building, fire and sanitary laws, ordinances, and regulations relating to such work, and shall be done in a good and workmanlike manner. All structures, improvements or other facilities, when removed, and relocated, or reconstructed, shall be left in as good condition as found. 5. Hazardous Wastes The Purchase Price reflects the fair market value of the Subject Property without the presence of contamination. If the Subject Property being acquired is found to be contaminated by the presence of hazardous waste which requires mitigation under Federal or State law, the CITY may elect to recover its clean-up costs from those who caused or contributed to the contamination. GRANTOR shall indemnify, defend, save and hold harmless the CITY from any and all claims, costs and liability, including reasonable attorney's fees, for any damage, injury or death to persons or property arising directly or indirectly from or connected with the existence of toxic or hazardous material that GRANTOR or their tenant knowingly disposed of at the Subject Property. 6. Right of Possession and Use It is agreed and confirmed by the parties hereto that notwithstanding other provisions in this contract, the right of possession and use of the subject property by the CITY, including the right to remove and dispose of improvements, shall commence on the date the amount of funds as specified in Clause 2(A) herein are deposited into the escrow controlling this transaction and after ten days (10) written notice has been provided to GRANTOR. The amount shown in ATTY/RESO.0127/CC RESO.1485 VETERANS BLVD (PURCHASE AGREEMENT) — EXHIBIT A REV: 12-11-25 VR Page 2 of 17