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2025-165-E-AMS-Capkov-Purchase land for the Crisis Diversion Center on Waterstone Drive
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2025-165-E-AMS-Capkov-Purchase land for the Crisis Diversion Center on Waterstone Drive
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Last modified
4/30/2025 8:22:59 AM
Creation date
4/30/2025 8:22:49 AM
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Contract
Date
4/23/2025
Contract Starting Date
4/23/2025
Contract Ending Date
4/25/2025
Contract Document Type
Contract
Amount
$1,385,300.00
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15 <br /> <br /> 1031 Exchange. Either party hereto may structure this transaction as a like kind exchange <br />pursuant to Section 1031 of the Internal Revenue Code. If a party elects to structure this transaction as a <br />like kind exchange pursuant to Section 1031, the other party shall cooperate in effecting such exchange. <br />The 1031 party will make all necessary arrangements for the exchange, pay all costs associated with the <br />exchange and bear all other expenses and risks necessary to accomplish the exchange. The 1031 party’s <br />exchange shall be accomplished through a qualified intermediary, Escrow Agent, exchange agent or similar <br />third party. The 1031 party’s structuring the acquisition of the Property as an exchange shall not extend or <br />delay the Closing of the Property. <br />11.14 Sovereign Immunity. Notwithstanding any other term or provision in the Contract, <br />nothing herein is intended nor shall be interpreted as waiving any claim or defense based on the principle <br />of sovereign immunity or other State or federal constitutional provision or principle that otherwise would <br />be available to the Buyer under Applicable Law. <br />[SIGNATURE PAGE FOLLOWS] <br />Docusign Envelope ID: 6FA32B3A-54E4-43D1-ADFC-0E9AD5C2D12E
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