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20E - AA - BRISTOL ST IMPROVEMENTS
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20E - AA - BRISTOL ST IMPROVEMENTS
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Last modified
11/14/2019 7:40:17 PM
Creation date
11/13/2019 5:10:34 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
20E
Date
11/19/2019
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Appendix <br />ATTACHMENT <br />SAMPLE PURCHASE AND SALE AGREEMENT <br />AGREEMENT <br />OF PURCHASE AND SALE <br />ASSESSOR PARCEL NUMBER(S): <br />THIS <br />California <br />AGREEMENT of Purchase and Sale ("Agreement'), dated <br />, 2019, is entered into by and between the CITY OF SANTA ANA, a <br />charter city and municipal corporation ("Seller") and <br />('Buyer") for the acquisition by Buyer of certain real <br />property described below. <br />RECITALS <br />A. Seller owns certain real property commonly known as Orange County <br />Assessor Parcel Nos. (APNs) I located at <br />in the City of Santa Ana, County of Orange, State of <br />California. Buyer desires to purchase a fee interest in such real property owned by Seller <br />as more particularly described and depicted in Exhibit "A", attached hereto and made part <br />hereof ("Property"), and Seller desires to sell the Property. <br />B. A copy of the Grant Deed for APNs , filed with the <br />County of Orange as Document No. [INSERT DOCUMENT NUMBER], is attached hereto <br />as Exhibit "B" and is incorporated herein by this reference. <br />C. The subject Property was acquired by Seller in IYear(s)l as part of the <br />IProiect Name(s)l . These parcels are vacant and are not needed for public use or <br />improvements. <br />D. The parties desire by this Agreement to provide the terms and conditions <br />for the purchase and sale of the Property. <br />FACIN=I =ILril4L,kl <br />The parties therefore agree as follows: <br />f�1�1:ZN:/GF9q <br />Buyer agrees to buy, and Seller agrees to sell and convey, the Property for the <br />purchase price and upon the terms and conditions hereinafter set forth. <br />2. ESCROW <br />Upon execution of this Agreement by all parties, the parties shall open an escrow <br />("Escrow") with Commonwealth Land Title Company ("Escrow Holder"), whose <br />address is 4100 Newport Place Drive, Suite 120, Newport Beach, CA 92660, for the <br />City of Santa Ana RFP 19-026 <br />Attachment 4 <br />
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