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Reso 2001-342
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Reso 2001-342
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Last modified
6/6/2013 10:42:55 AM
Creation date
1/25/2006 1:56:50 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2001-342
Date (mm/dd/yyyy)
06/21/2001
Description
– Approve Option Agmt: Purchase/Sale of Tony Roma Res. 18050 Collins.
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<br />12.3 Gap Affidavit. An affidavit in form and content reasonably satisfactory to <br />the Title Company to facilitate the insuring of the "gap", i.e., the deleting as an exception to the <br />Title Commitment any matters appearing between the effective date of the Title Commitment <br />and the effective date of the Title Policy. <br /> <br />12.4 FIRPTA. A FIRPTA Non-Foreign Entity Transfer Certificate or <br />Exemption Certificate or document evidencing withholding, in accordance with Section 1445 of <br />the Internal Revenue Code. <br /> <br />12.5 DR-219. DR-219 as required for recording. <br /> <br />12.6 Assignment and Assumption Agreement. Two (2) counterparts executed <br />by Seller of an assignment and assumption agreement with respect to the Tony Roma's Lease <br />(the "Assignment and Assumption Agreement"), wherein (i) Seller assigns the Tony Roma's <br />Lease to Buyer and agrees to indemnify and hold harmless Buyer and its officers, directors, <br />employees, agents, successors and assigns from all claims, damages, losses, liabilities, costs and <br />expenses, including reasonable attorneys' fees and disbursements, arising out of Seller's failure <br />to perform or comply with any and all obligations of Seller under the Tony Roma's Lease that <br />arose prior to the Closing Date and (ii) Buyer agrees to assume all obligations of Seller that arise <br />under the Tony Roma's Lease on and after the Closing Date and to indemnify and hold harmless <br />Seller and its personal representatives, executors, heirs, beneficiaries, employees, agents, <br />successors and assigns from all claims, damages, losses, liabilities, costs and expenses, including <br />reasonable attorneys' fees and disbursements, arising out of Buyer's failure to perform or comply <br />on or after the Closing Date with any such obligations under the Tony Roma's Lease. <br /> <br />12.7 Closing: Statement. At least four (4) counterparts of a closing statement <br />for this transaction, executed by Seller. <br /> <br />13. Buyer's Closing Documents. At closing, Buyer shall deliver the following <br />documents (Buyer's Closing Documents) to Seller; <br /> <br />13.1 City Commission Approval. A certified copy of the Resolution, Minutes <br />or Agenda Actions of the pertinent meeting of the Commission Council showing that Buyer has <br />been authorized to enter into and execute this Agreement and consummate the transaction herein <br />contemplated. <br /> <br />13.2 Appraisals. Any and all appraisals required under Chapter 166 of the <br />Florida Statutes. <br /> <br />13.3 Assignment and Assumption Agreement. Two (2) counterparts executed <br />by Buyer of the Assignment and Assumption Agreement. <br /> <br />13.4 Closing Statement. At least four (4) counterparts of a closing statement <br />for this transaction, executed by Buyer. <br /> <br />14. <br /> <br />Closing Procedure. The Closing shall proceed in the following manner: <br /> <br />I-Ml/413923.3 <br /> <br />13 <br />
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