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2001 S Purchasing - Public Hearing on Installment Contract to Purchase Land Seven Mile Creek Preserve (Mayes' Hill, Ltd.)
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2001 S Purchasing - Public Hearing on Installment Contract to Purchase Land Seven Mile Creek Preserve (Mayes' Hill, Ltd.)
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Last modified
10/31/2012 2:12:41 PM
Creation date
6/13/2012 9:36:03 AM
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BOCC
Date
5/15/2001
Meeting Type
Regular Meeting
Document Type
Contract
Agenda Item
7a
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Agenda - 05-15-2001-7a
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\Board of County Commissioners\BOCC Agendas\2000's\2001\Agenda - 05-15-2001
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Buyer harmless from any and all such liens and all attorneys' <br />fees and other costs incurred by reason thereof. <br />(e) Reports. All Reports, certificates, and other <br />documents containing factual information delivered by Seller, or <br />by Seller's agents in connection with this Agreement, are and <br />shall be, to the best of Seller's knowledge, true and complete <br />and shall not contain any untrue statement of material fact or <br />omit to state any material fact, the disclosure of which is <br />necessary to make the statements contained therein and in this <br />Agreement, in light of the circumstances under which they are <br />made, not misleading. <br />(f) Inspections and Environmental. <br />(1) Seller has no knowledge of any underground storage <br />tanks being located on the Property. Buyer agrees to perform a <br />Phase I Environmental Assessment of the Property (hereafter "the <br />Phase I "), at Buyer's expense. Should the Phase I disclose that <br />one or more underground storage tanks are located on the <br />property, a condition precedent to Buyer's obligation to close on <br />the sale of the Property is that the following be done at <br />Seller's expense: (1) any underground storage tanks located on <br />the Property be removed, (2) all discharged fuel oil or other <br />contaminants be removed from the Property, (3) a copy of a <br />certificate demonstrating removal and clean -up be provided to <br />Orange County, c/o Pamela Jones, Director of Purchasing and <br />Central Services, 132 E. King Street, Hillsborough, North <br />Carolina 27278, as soon as the certificate is available and (4) <br />N <br />
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