Haack Brothers Inc 12/18/2019 - Laserfiche WebLink

i t•-• REAL ESTATE PURCHASE AND SALE AGREEMENT This Real Estate Purchase and Sale Agreement(the "Agreement") is entered into by and between Haack Brothers INC. a Washington Corporation ("Buyer") and the City of Everett, a Washington municipal corporation ("Seller"). RECITALS A. The Everett City Council by resolution has determined that the Property (defined below) is surplus and should be sold. B. In response to a request for proposals from Seller, Buyer submitted the best offer to Seller to purchase the Property. Seller has determined to accept Buyer's offer as set forth herein. AGREEMENT Seller and Buyer agree as follows: 1. Property. Seller agrees to sell and convey to Buyer and Buyer agrees to purchase from Seller, subject to the terms and conditions set forth in this Agreement, the following: a) Real property The real property located in Snohomish County, Washington, legally described as set forth on Exhibit A attached hereto, together with all Seller's right, title and interest in and to any rights, licenses, privileges, reversions and easements pertinent to the real property, including, without limitation all development rights, air rights, and water rights relating to the real property, and all rights to utilities serving the property, as well as any other easements, rights of way or appurtenances used in connection with the beneficial use and enjoyment of the real property (collectively, the "Real Property"). b) Tangible personal property All tangible personal property owned by Seller and located on, within, over or under the Real Property that is attached or otherwise affixed to the Real Property, including without limitation all fixtures. c) Intangible personal property All intangible personal property owned by Seller and used in the ownership, financing, operation or maintenance of the Real Property or the tangible personal property, or any portion of either. The intangible personal property includes, but is not 1