RES 87029 - Laserfiche WebLink

SAN JOSE, CALIFORNIA MICHAEL J. BONASERA, ET AL. 'Grantor(s) REAL PROPERTY PURCHASE AND EXCHANGE CONTRACT - CITY OF PLEASANTON A document in the form of a Grant Deed covering the property particularly described therein has been executed and delivered to Richard B. Gordon, Right of Way Agent, County of Alameda, acting on behalf of the City of Pleasanton. In consideration of which, and the other considerations hereinafter set forth, it is mutually agreed as follows: 1. The parties have herein set forth the whole of their agreement. The performance of this agreement constitutes the entire consideration for said document and shall relieve the City of Pleasanton of all further obligation or claims on this account. 2. The City of Pleasanton shall: (A) Pay the undersigned grantor(s) the sum of $13,084.00 for the property or interest conveyed by the above document when title to said property vests in the City of Pleasanton, free and clear of all liens, encumbrances, assessments, easements and leases (recorded and/or unrecorded), and taxes, except: a. Taxes for the fiscal year in which escrow closes which shall ~be cleared and paid in the manner required by Section 5090 of the Revenue and Taxation Code, if unpaid at the close of escrow. b.Covenants, conditions, restrictions and reservations of record, or contained in the above-referenced document. c. Easements or rights of way over said land for public or quasi-public utility or public street purposes, if any. (B) Pay all escrows and recording fees incurred in this transaction and, if title insurance is desired by the City of Pleasanton the premium charged therefor. a. The City of Pleasanton shall provide the Bonasera's with an indemnity and hold-harmless agreement during the reconstruction of Main street.