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15-2792 Land Donation to City - Park Drive
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15-2792 Land Donation to City - Park Drive
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11/4/2015 4:42:06 PM
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11/4/2015 4:41:58 PM
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City Clerk
City Clerk - Doc Type
Resolutions
City Clerk - Date
10/12/2015
Doc Number
15-2792
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like shall deem reasonably necessary or desirable to fulfill the tests and investigations <br />contemplated by the Agreement. Any entry on or to the Property by DONEE or its authorized <br />representatives pursuant to the provisions hereof shall be at the risk of DONEE, and DONEE <br />hereby indemnifies, protects, and holds DONOR harmless and agrees to defend DONOR from <br />and against any and all claims, demands, losses, damages, and liabilities (including but not <br />limited to personal injury and property damage claims and mechanics' or other liens), together <br />with related costs and expenses, including reasonable attorney fees and litigation costs, caused <br />by DONEE or DONEE's agents on or to the Property. In addition, DONEE shall keep the <br />Property free from any liens which could arise as a result of the exercise by Buyer of any of its <br />rights hereunder. <br />6. Amendment and Waiver. This Agreement may not be amended or modified at <br />any time and or in any respect, nor may any provisions be waived, except by written instrument <br />executed by the parry to be charged with such amendment or waiver. <br />7. Tax Deduction. If DONOR desires to seek a tax deduction for the donation of the <br />Property under the United States Internal Revenue Code, it shall be DONOR's sole responsibility <br />to carry out all necessary tasks in a timely manner, and to pay any fees and expenses relating <br />thereto. DONOR acknowledges that DONEE does not guarantee that DONOR will receive a tax <br />deduction with regard to the donation of the Property, and that DONOR should seek professional <br />tax advice regarding such tax deduction. <br />8. Sections and Other Headings. Section, paragraph, and other headings contained <br />in this Agreement are for reference purposes only. and shall not affect in any way the meaning or <br />interpretation of this Agreement. <br />9. Counterpart Execution. This Agreement may be executed in two or more <br />counterparts, each of which shall be deemed an original, but all of which, together, shall <br />constitute but one instrument. Facsimile signatures may be deemed binding for this Agreement, <br />or any modification or amendment hereto, or any leases or other documents contemplated <br />hereby, provided that originals of same are delivered within a reasonable time. <br />10. Construction. All gender references employed in this Agreement shall include all <br />genders, the singular shall include the plural, and the plural shall include the singular as <br />permitted or required by the context. <br />11. Parties in Interest. This Agreement shall be binding on and shall inure to the <br />benefit of the parties hereto and their respective successors and assigns. <br />12. Entire Agreement. This Agreement constitutes the entire agreement between the <br />parties hereto and there are no agreements, understandings, restrictions, warranties, or <br />representations between the parties with respect to the subject matter hereof other than as set <br />forth herein or as herein provided. <br />2 <br />
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