MARMENT - Laserfiche WebLink

REAL PROPERTY PURCHASE CONTRACT - CITY OF PLEASAIdTON THIS AGREEMENT is made and entered into this p~7~-'~ day of August, 1984, by and between LAVER~dE and GEORGE MARZ~ENT (hereinafter "Purchaser") and the CITY OF PLEASANTON, a municipal corporation (hereinafter "City"). W I T N E S S E T H ~J~IEREAS, City is the owner of a 3.,700 square foot parcel of land located on the northwest corner of Peters Avenue and Bernal Avenue, which is a remnant of a lot purchased for Peters Avenue right-of-way, but not required as part of the new street; and WHEREAS, the 3,700 square foot parcel was declared to be surplus property by Resolution No. 84-114 of the City Council and no authorized governmental agency expressed interest in the property; P1OW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. Agreement to Sell and Purchase. City agrees to sell to Purchaser an Purchaser agrees to purchase from City, upon the terms and conditions set forth herein, all that certain real property (hereinafter the "Surplus Property") situated in the County of Alameda, State of California,: described in Exhibit "A" attached hereto and incorporated herein by reference containing approximately 3,700 square feet. 2. Consideration. Purchaser shall pay to City the sum of Eighteen Thousand Five Hundred and No/100ths Dollars ($18,500.00). 3. C~onveyY~a~n...ce. Upon execution of this Agreement, and fulfillment conditions (a) and (b) of this paragraph, City shall convey to Purchaser the Property by Grant Deed in fee simple, provided that: a. Purchaser agrees that prior to close of escrow Purchaser will submit a parcel map application to City effecting a lot consolidation of the Surplus Property and the adjacent parcels (AP?~ 94-156-12-3 and 94-156-12-2). b. Purchaser agrees that prior to close of escrow to install landscaping and a six foot fence all as shown on Exhibit B attached hereto. These improvements are necessary for the benefit of the Peters Avenue -1-