GARDEN GROVE, CITY OF (21) - Laserfiche WebLink

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KLG:ar 7/s/7s (b). Thereafter, Santa Ana shall bill its re- spective customers for the full "billing period" and shall retain that portion of the amount of.money received as is repre- sented by the ratio that the number of clays between the clos- ing and Santa Ana's meter reading date bears to the total number of days in the "billing period." Santa Ana shall remit the balance to Garden Grove within ninety (90) days following the reading of meters for the billing. . (c) Garden Grove shall make a good faith effort to collect all delinquent accounts in the respective water services purchased by Santa Ana prior to the date of closing. Garden Grove shall furnish Santa Ana a list of all accounts delinquent between Garden Grove's billing date prior to the last billing date before closing and the amount owing on each account. Santa.Ana shall pay Garden Grove the full amount owing on said accounts. Santa Ana shall be entitled to all funds that may be collected on such delinquent accounts after closing. Garden Grove shall furnish Santa Ana information regarding any customers due refunds and shall reimburse Santa Ana accordingly. Garden Grove shall be responsible for col- lection on its own account of delinquencies prior to the above - mentioned billing dates. 11. Conditions to the Obligations of Buyer. The obligations of Santa Ana hereunder to purchase the respective properties from Garden Grove and to pay therefor in the manner hereinabove provided are subject to fulfillment prior to, or on the date of closing, of each of the following conditions: (a) Seller's Representations and Warranties True at Closing. All representations and warranties by Garden Grove which are contained in this Agreement shall be true on and as of the date of closing as though said representa- tions and warranties were made at and as of such time and Garden Grove shall deliver to Santa Ana at the date of closing -13-