RES 84552 - Laserfiche WebLink

( from ,~n¥ construction activities and shall restore the P. econr;~f~tuted Property to a rough graded condition. 5. Par'~':el M~p. The City shall process and file a parcel na[~ or othe~ acf~eptable subdiv:Lsion map in order to join as a single parcel of ]and the lands to be conveyed to Shepherd by the City pursua~t to :;ect[on 2(a), and the remainder of the Property after Shepherd's conveyance to the City pursuant to Sectio~ l(a). Shepherd shall cooperate with the City in the preparation and processing of the parcel map provided, however, that Shepherd shall not be required to expend any funds or to make any dedica- tion or improvements as a condition to the approval and filing of the parcel map. 6. P~Fn~ tO ~herd. addition to conveyance of the suant to Section t above, the The City shall pay to Shepherd, in real property to be conveyed pur- sum of NINE THOUSAND AND NO/100THS DOLLARS ($9,000.00). Said compensation shall constitute the full compensation due Shepherd for any and all claims of any descrip- tion whatsoever arising from the acquisition of the portion of the Property described in Section 1. 7. Fees and Title Insurance. The City shall pay all escrow and recording fees incurred in this transaction. If title in- surance is desired by either party, the City shall pay the premi- um for title insurance for all properties to be conveyed. 8. ~.o.r~e~.~jJi~_~. If any legal proceeding shall be com- menced to enforce the provisions of this Agreement, the prevail- ing party shall be entitled to recover from the losing party rea- sonable attorneys' fees and costs of court as determined to be appropriate by the court. - 5 -