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11-2248 City of Casselberry & Jean F. Hill Contract for Parcel 08-21-30-504-0000-00C0
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11-2248 City of Casselberry & Jean F. Hill Contract for Parcel 08-21-30-504-0000-00C0
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Resolutions
City Clerk - Date
6/13/2011
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4.11. Complete Agreement. This Contract evidences the complete understanding of the <br />parties hereto as respects the matters addressed herein. No agreement or representation, unless set <br />forth in this Contract, shall bind either of the parties hereto. <br />4.12 Notices. Notices to Seller and Buyer shall be deemed delivered (i) when hand <br />delivered, or (ii) one (1) business day following delivery to an express delivery courier, such as <br />Federal Express, or (iii) three (3) days following deposit in U.S. mail, certified, return receipt <br />requested. Notice shall be given to the following addresses: <br />To Seller: City of Casselberry <br />Attn: Barbara Lipscomb, City Manager <br />95 Triplet Lake Drive <br />Casselberry, FL 32707 <br />Tel: 407-262-7700 ext. 1130 <br />Fax: 407-262-7745 <br />Copy to: Catherine D. Reischmann, Esq. <br />City Attorney <br />Brown, Garganese, Weiss & D'Agresta, P.A <br />111 N. Orange Ave., Ste. 2000 <br />Orlando, FL 32801 <br />Tel: 407-425-9566 <br />Fax: 407-425-9596 <br />To Buyer: Jean F. Hill <br />100 Valmora Drive <br />Casselberry, FL 32707 <br />Tel: 407-834-3350 <br />4.13. FIRPTA - Right to Withhold. Seller agrees that Buyer may deduct and withhold <br />from the Purchase Price provided in Article II hereof, a tax in the amount of ten percent (10%) of the <br />amount realized (as that term is used in Section 1445(a) of the Internal Revenue Code) by Seller <br />pursuant to this Contract, except upon the occurrence of either (A) or (B) below: <br />(A) At or prior to Closing, Seller provides to Buyer a Certificate of Non -Foreign <br />Status or a Non-USRPHC Statement described in and complying with Section 1445(b)(2) or <br />(3) of the Internal Revenue Code of 1986, as amended (the "Code") (all references to Section <br />or the Code include any successor provisions thereto and any Treasury Regulations <br />promulgated in connection thereto) and Buyer has no knowledge or notice that such <br />Certificate or Statement is false; or <br />(B) At or prior to Closing, Buyer received a withholding certificate described in <br />Temp. Treas. Reg. Section 1.1445-3T or Rev. Proc. 85-41. <br />
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