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25A - AGMT - SALE 2129 N MAIN ST
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25A - AGMT - SALE 2129 N MAIN ST
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Last modified
5/11/2017 3:53:46 PM
Creation date
5/11/2017 3:41:51 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
25A
Date
5/16/2017
Destruction Year
2022
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With Copy to: Office of the City Attorney <br />City Attorney <br />20 Civic Center Plaza (M 729) <br />P.O. Box 1988 <br />Santa Ana, California 92702 <br />Phone No.: (714) 647 -5201 <br />Fax No.: (714) 647 -6515 <br />BUYER: NET DEVELOPMENT CO., INC. <br />3130 Airway Avenue <br />Costa Mesa, CA 92626 <br />Attention: Kevin Coleman <br />Phone No.: (7 14) 754 -4454 <br />Fax No.: '(714) 754 70198 <br />With copy to: Rutan & Tucker, LLP <br />611 Anton Blvd., Suite 1400 <br />Costa Mesa, CA 92626 <br />Attention: Kim D. Thompson <br />Phone No.: (714) 641 -3449 <br />Fax No.: (714) 546 -9035 <br />Escrow Holder: Fidelity National Title Insurance Company <br />1300 Dove Street. Suite 310 <br />Newport Beach. CA92660 <br />Attn: April Palmer <br />Phone No.:(949) 221 -4770 <br />Fax No:: (949) 477 -6820 <br />Either Party and Escrow Holder may, by written notice to the other and to Escrow Holder, <br />designate a different address which shall be substituted for the one specified above. If any notice <br />or other document shall be sent by certified mail as set forth above, it shall be deemed to have <br />been effectively served or delivered seventy -two (72) hours following the deposit of such notice <br />in the United States mail in the manner set forth above. If any notice or other document shall be <br />sent by facsimile, it shall be deemed to have been served or delivered upon electronic <br />confirmation of transmission; provided that it is confirmed by a follow -up notice using approved <br />methods hereunder within seventy -two (72) hours and provided further that subject to the <br />foregoing if such transmission occurs on a weekend or holiday or after 5:00 p.m, on a weekday, <br />it shall be deemed to have been received at 8:00 a.m. on the immediately following business <br />day. <br />8. Attorneys' Fees. If any Party to this Agreement shall bring any action or <br />proceeding for any relief against the other; declaratory or otherwise, in any way arising out of or <br />in -connection ection this Agreement and/or the Property, the losing Party shall pay to the prevailing <br />Patty a reasonable sum for attorneys' fees and costs (including without limitation expert witness <br />fees) incurred in bringing or defending such action or proceeding or enforcing any judgment <br />granted therein, all of which shall be deemed to have accrued upon the commencement of such <br />-15- <br />25A-25 <br />
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