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City Council Agenda and Packet 1988 09 06
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City Council Agenda and Packet 1988 09 06
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3/11/2021 1:46:59 PM
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1/15/2010 11:27:02 AM
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City Council Records
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City Council Packet
Signed Date
9/6/1988
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CCAGPKT 1988 09 06
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S. Purchaser agrees to pay any stock transfer tea to the <br /> Dny Creak-Davidson Ditch Company. A <br /> 7. s.Llors covenant to assist Purchaser, its agents, <br /> representatives sad assigns, for no additional consideration, in <br /> establishing information relevant to the historical use of the <br /> subject water right, including the execution of appropriate <br /> affidavits and/or the furnishing of testimony in appropriate <br /> r <br /> administrative or judicial proceedings with Purchaser dwires to <br /> pursue with respect to such water right. <br /> 0. Oa `party that a , t •. vs •rigblt., !'F M1 <br /> Ia i title water i to aitpesrs 16 the bylaws of the Qreeki+ '"tie. <br /> Davidoas Ditch Company. Sollars covenant to give all requital '- <br /> notioM to said oompeny and/or its shareholders within tea (10) <br /> days following execution of this agreement by Purchaser. If the <br /> pre-emptive rights described in the bylaws are exercised, this <br /> Sale , at the option of , shall be null and ' <br /> void. Turtheriore, said bylaws require approval of the Board of <br /> Director, for any change in place or manner of use and require <br /> that the ditch company be reimbursed for costa incurred as a <br /> result of the review process• Purchaser agrees to reimburse the <br /> ditch *company for said review up to a maximum of one hundred <br /> Dollars 0100.00), any additional costs must be paid by the <br /> seller.. Sellers covenant and agree to assist Purchaser in <br /> obtaining iudb approval. There shall be no closing upon this <br /> Sale Agreement prior to the Board of Directors' approval. <br /> • 1 <br />
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