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PURCHASE CONTRACT TO BL'Y AND SI~fLL REAL EST'A'TE.
<br />iDifion Raxcf F+rvject -Hunt :flight-af-'Vt'ay}
<br />THIS CONTRACT is made and Rntered into tkiis _ .day of , 20t)8, by and
<br />between the City of Louisville, a Cal~radn Dome rule municipal corporation, hereinafter referred to as
<br />"C'ity" or "Purchase;r",.and Wendy Y. Hunt, hereinafter referred to as "[-runt" or "Seller".
<br />.NOW, THEREF+URE, far and in consideration of the promises, payment, covenants, and
<br />undertakings hereinafter set forth, and other teed and valuable: consideration, which is hereby
<br />acknowledged and rcceipted for, the Purchaser and Seller a~n`ec as fellows:
<br />PROPF,RT'Y AYD PURCHASE PRICE
<br />1. Purchaser hereby a~n'ees to purchase, and Seller awes to sell,. on the terms and.
<br />cenditians set forth. in this Contract, the following described re:a1 property and interests in real estate,
<br />hereinafter collect~vcty re:.ferred to as the "Property,,, lecated in the County of f3aulder, Colorado, and
<br />situated in the SWl~4 of Section I5, 'I~1S; Rti9W, fith I'.'V1., to wit: A tract of land containing 9,t~?
<br />square feet, mare or less, and more particularly described and depicted in Exhibit r+t-] and .H-l, attached
<br />hereto and incorporated herein. by this refe~rcynce, together with alt of Seller's right, title, and interest in
<br />and to adjacent streets, alleys, easements, and rights-af-way, rights of in.~;ress and e~rss,
<br />development rights, subsurface rights, mineral rights, water anal sewer rights relating to the real
<br />property and other estates, rights, interests, prir~iteles and aggurtenances now awned or hereafter
<br />acquired by Seller,, and tangible personal grapert.y and all improvements, if any, lcx;ated an the real
<br />pregerty. -.
<br />2. Within .five (~}days afSellur's execution erf this Contract, Seller shall. provide copies of
<br />any engineerinf; and/or surve:ywork for the Property in possession of Setlcr. Purchaser may at its sole
<br />expense contract for an AL'l A engineering survey of the Property, sufficient to satisfy the requirements
<br />of the title company to delete the standard pre; printed exceptions from the Purchaser's title policy, as
<br />set Earth in Paral~raphs 5 and fi, below. ~~e survey-shall be certified to the Purchaser, Setter acid the
<br />title company. The: survey .shalt include the .legal description for the Prape:rty, and shall- include a
<br />certificate a:f the acreaf;e of the Property, as described and deternlined by the surveyor. As between
<br />Seller and Purchaser, Purchaser shall be responsible for all engineering and surveyint; costs incident tea
<br />the sale of the Prngerty.
<br />3. T'he fatal purchase price of the Property shall be l~cnty-f'ctur '1`hottaand Five Uallacs
<br />(544,54~.OQ} which shall be payable by Purchaser in tiutl at closing in cash,. certified funds, wire transfer
<br />or t."ity check ~ifacceptabte as "goad funds" ~u~der Colorado law}.
<br />l~t0 AISSIGti'IYIF..IV'T
<br />4. Seiler shall not assiarn Seller's rights and atrligatians hereunder witltiout Purchasi~x's
<br />prior written consent. Purchaser shall not assi,~,n its rights and ablilations hereunder wifhout Seller's
<br />prior written cans~nt.
<br />TITLE, EASEINENTS. AtiTD GLOSf?~tG
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