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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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costs (including clean -up costs), judgments and expenses <br />(including attorneys', consultants' or experts' fees and <br />expenses) of every kind and nature suffered by or asserted <br />against Buyer and /or the Deed of Trust Trustee as a direct or <br />indirect result of any warranty or representation made by Seller <br />in subsection (f) herein being false or untrue in any material <br />respect, or (ii) any requirement under any law, regulation or <br />ordinance, local, State or federal, which requires the <br />elimination or removal of any hazardous materials, substances, <br />wastes or other environmentally regulated substances by Buyer or <br />Seller or any transferee or assignee of Buyer, the Deed of Trust <br />Trustee or Seller. <br />(4) Should the Phase I disclose the existence on the <br />Property of any hazardous materials, substances, wastes or other <br />environmentally regulated substances (including without <br />limitation, any materials containing asbestos), a condition <br />precedent to Buyer's obligation to close on the sale of the <br />Property is that the following be done at Seller's expense: (i) <br />any such material or substance located on the Property be <br />removed, (ii) other found contaminants be removed from the <br />Property, (iii) that a copy of a certificate demonstrating <br />removal and clean -up be provided to Orange County, c/o Pamela <br />Jones, Director of Purchasing and Central Services, 132 E. King <br />Street, Hillsborough, North Carolina 27278, as soon as the <br />certificate is available and (iv) that the original of the <br />certificate be provided to Buyer at the closing. <br />R, <br />
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