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Reso 2009-1453
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Reso 2009-1453
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Last modified
7/1/2010 9:43:03 AM
Creation date
7/30/2009 10:35:08 AM
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Template:
CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2009-1453
Date (mm/dd/yyyy)
07/16/2009
Description
Reso the City of Sunny Isles Beach approving an agreement with RK Associates for the purchase of 151 Sunny Isles Blvd
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<br />(ii) A customary construction lien affidavit; <br /> <br />(iii) An affidavit of posseSSIOn of the Property being <br />conveyed; <br /> <br />(iv) A non-foreign affidavit III a form reasonably acceptable to <br />Purchaser; <br /> <br />(v) Appropriate assignments or bills of sale transferring to Purchaser <br />all personal property or property rights (including, but not limited to, the Documents) <br />contemplated by this Agreement or reasonably requested by Purchaser in forms reasonably <br />acceptable to Purchaser, free and clear of all liens, claims or encumbrances; <br /> <br />(vi) If applicable, appropriate evidence of Seller's formation, existence <br />and authority to sell and convey the Property; <br /> <br />(vii) Affidavit from Seller disclosing each person having a legal or <br />beneficial interest in Seller, and in any entity comprising Seller, in compliance with Section <br />286.23, Florida Statutes, as it may be amended from time to time; and <br /> <br />(viii) Such other documents that the Title Company may reasonably <br />require in connection with the issuance of the Title Policy to Purchaser and the delivery of good <br />and marketable title to the Property from Seller to Purchaser as provided in this Agreement, <br />including, but not limited to, an appropriate "gap" affidavit in order to delete the "gap" exception <br />and such affidavits required for deletion of the matters of survey, unrecorded easements, parties / <br />in possession and construction lien exceptions otherwise appearing on the Title Policy. <br /> <br />(b) Seller and Purchaser shall each execute counterpart closing statements in a <br />customary form together with such other documents as are reasonably necessary to consummate <br />the Closing. <br /> <br />(c) Seller's costs will be adjusted for and deducted on the Closing Statement. <br />Buyer's cash to close will be delivered by cash, wire transfer, or cashier's check drawn on a bank <br />reasonably acceptable to Seller. <br /> <br />11. No Brokers. Seller and Purchaser each represent to the other that it has not dealt <br />with any broker, salesperson or agent in connection with the execution and delivery of this <br />Agreement, and the other party shall not be required to pay any commission whatsoever with <br />respect to this Agreement resulting from the actions of the party making such representations. <br />Seller and Purchaser each indemnify and hold each other harmless from and against any and all <br />claims, losses, costs, damages, liabilities and expenses (including without limitation, reasonable <br />attorneys' and paralegal fees) resulting from a breach by the indemnifying party of the foregoing <br />representation. <br /> <br />The provisions of this Paragraph 11 shall survive the Closing and any cancellation <br />or earlier termination of this Agreement. <br /> <br />8 <br /> <br />R-.J(.. <br /> <br />~J"'.~.." <br />
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