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PURCHASE AND SALE AGREEMENT <br /> <br /> THIS PURCHASE AND SALE AGREEMENT (the "Agreement") is made and entered into <br />this 2~a day of May, 2001, by and between THE ARCHDIOCESE OF DENVER, a Colorado <br />corporation sole, having its principal place of business at 1300 South Steele Street, Denver, Colorado <br />80210 (the "Seller"), and CITY OF LOUISVILLE, COLORADO, a municipal corporation, having <br />its offices at 749 Main Street, Louisville, Colorado 80027 (the "Purchaser"). <br /> <br /> WITNE S SETH: <br /> <br /> WHEREAS, Seller is the owner of that certain parcel of land, the legal description of which <br />is attached hereto as Exhibit A and made a part hereof (together with the appurtenant rights thereto <br />described below, the "Property"); and <br /> <br /> WHEREAS, Seller desires to sell to Purchaser and Purchaser desires to acquire fi.om Seller <br />the Property under the terms and conditions hereinafter set forth. <br /> <br /> NOW, THEREFORE, in consideration of the foregoing, and other good and valuable <br />consideration, the receipt and sufficiency of which is hereby acknowledged, and the mutual covenants <br />hereinafter contained, the parties, intending to be legally bound, do hereby agree as follows: <br /> <br /> 1. PROPERTY <br /> <br /> Seller agrees to sell and cause to be conveyed to Purchaser, and Purchaser agrees to <br /> <br />acquire fi.om Seller, subject to the terms, conditions and provisions hereinafter set forth, all interest <br />of Seller in and to the following items comprising the Property: <br /> <br /> (a) Land. All of the land which is more particularly described in Exhibit A <br />attached hereto, including all oil, gas and other minerals owned by Seller and appurtenant to the land, <br />and all water and water rights or vested or inchoate rights and interests in surface and subsurface <br />water, if any, attached or appurtenant to the land (the "Land"); <br /> <br /> (b) ~&e,m.q,a~. All easements, if any, benefitting the Land; <br /> <br />H:kD\WPkF I \ i 0234L093~A-6P&S Loui~'ille.wlxl <br /> <br /> <br />