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1 of 19 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 8 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 n/a 71 72 73 74 75 76 77 78 79 https:f/www.ctmecontracts.com/eContracts/m_eCON/Contracts/Listin. mac RE/MAX Alliance ALLIANCE Steve Anderson Ph: 303-666-6500 Fax: 303-666-6408 pe printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission. BS4-6-15) (Mandatory 1-16) THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. CONTRACT TO BUY AND SELL REAL ESTATE (LAND) (® Property with No Residences) (D Property with Residences -Residential Addendum Attached) Date: 6/7/2016 AGREEMENT 1. AGREEMENT. Buyer agrees to buy and Seller agrees to sell, the Property described below on the terms and conditions set forth in this contract (Contract). 2. PARTIES AND PROPERTY. 2.1. Buyer. Buyer, City of Louisville Colorado , will take title to the Property described below as D Joint Tenants D Tenants In Common 1E1 Other n/a. 2.2. No Assignability. This Contract Is Not assignable by Buyer unless otherwise specified in Additional Provisions. 2.3. Seller. Seller, Blue Parrot, Inc. , is the current owner of the Property described below. 2.4. Property. The Property is the following legally described real estate in the County of Boulder, Colorado: Lots 9 & 10, Bloc4, Louisville Old Town known as No. 612 q'624 Main Street, Louisville, CO 80027, together with the interests, easements, rights, benefits, improvements and attached fixtures appurtenant thereto, and all interest of Seller in vacated streets and alleys adjacent thereto, except as herein excluded (Property). 2.5. Inclusions. The Purchase Price includes the following items (Inclusions): 2.5.1. Inclusions. The following items, whether fixtures or personal property, are included in the Purchase Price unless excluded under Exclusions: any and all improvements on the property at the time of MEC If any additional items are attached to the Property after the date of this Contract, such additional items are also included in the Purchase Price. 2.5.2. Personal Property - Conveyance. Any personal property must be conveyed at Closing by Seller free and clear of all taxes (except personal property taxes for the year of Closing), liens and encumbrances, except n/a. Conveyance of all personal property will be by bill of sale or other applicable legal instrument. 2.6. Exclusions. The following items are excluded (Exclusions): n/a 2.7. Water Rights, Well Rights, Water and Sewer Taps. ❑ 2.7.1. Deeded Water Rights. The following legally described water rights: Any deeded water rights will be conveyed by a good and sufficient n/a deed at Closing. ❑ 2.7.2. Other Rights Relating to Water. The following rights relating to water not included in §§ 2.7.1, 2.7.3, 2.7.4 and 2.7.5, will be transferred to Buyer at Closing: n/a ❑ 2.7.3. Well Rights. Seller agrees to supply required information to Buyer about the well. Buyer understands that if the well to be transferred is a "Small Capacity Well" or a "Domestic Exempt Water Well," used for ordinary household purposes, Buyer must, prior to or at Closing, complete a Change in 6/10/2016 2:16 PM