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SSLM Properties LLC 7/26/2016
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SSLM Properties LLC 7/26/2016
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Entry Properties
Last modified
6/12/2017 9:10:22 AM
Creation date
8/4/2016 10:34:33 AM
Metadata
Fields
Template:
Contracts
Contractor's Name
SSLM Properties LLC
Approval Date
7/26/2016
Council Approval Date
6/29/2016
Department
Facilities
Department Project Manager
Mike Palacios
Subject / Project Title
Purchase of property 3600 Smith Ave
Tracking Number
0000217
Total Compensation
$4,000,000.00
Contract Type
Agreement
Contract Subtype
Purchase
Retention Period
6 Years Then Destroy
Document Relationships
SSLM Properties LLC 1/30/2017 Amendment 4
(Contract)
Path:
\Records\City Clerk\Contracts\6 Years Then Destroy\2017
SSLM Properties LLC 11/30/2016 Amendment 2
(Contract)
Path:
\Records\City Clerk\Contracts\6 Years Then Destroy\2016
SSLM Properties LLC 12/30/2016 Amendment 3
(Contract)
Path:
\Records\City Clerk\Contracts\6 Years Then Destroy\2017
SSLM Properties LLC 2/27/2017 Amendment 5
(Contract)
Path:
\Records\City Clerk\Contracts\6 Years Then Destroy\2017
SSLM Properties LLC 4/29/2017 Amendment 6
(Contract)
Path:
\Records\City Clerk\Contracts\6 Years Then Destroy\2017
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EXHIBIT A — Council Resolution <br /> EXHIBIT B — Legal Description of the Property <br /> EXHIBIT C — Form of Deed <br /> EXHIBIT D — Demolition <br /> 12.9 Severability. In case any one or more of the provisions contained in this <br /> Agreement shall, for any reason, be held to be invalid, illegal or unenforceable in any <br /> respect, such invalidity, illegality or unenforceability shall not affect any other provision <br /> hereof, and this Agreement shall be construed as if such provisions had not been <br /> contained herein. <br /> 12.10 Counterparts. This Agreement and the documents to be delivered <br /> hereunder may be executed in any number of counterparts, and each such counterpart <br /> hereof shall be deemed to be an original instrument, but all such counterparts together <br /> shall constitute one agreement. <br /> 12.11 Assignment. Buyer shall have the right to assign its interests hereunder to <br /> an affiliate or related entity in which Buyer maintains management and voting control, <br /> but such assignment does not release Buyer from any obligation or liability under this <br /> Agreement. • <br /> 12.12 Effective Date. The "Effective Date" shall be the date upon which this <br /> Agreement has been executed by both Seller and Buyer and such date shall be inserted <br /> by the second party to sign this Agreement on the first page of this Agreement. <br /> 12.13 Amendment, Waiver. No modification,termination or amendment of this <br /> Agreement may be made except by written agreement. No failure by Seller or Buyer to <br /> insist upon the strict performance of any covenant, agreement, or condition of this <br /> Agreement or to exercise any right or remedy shall constitute a waiver of any such breach <br /> or any other covenant, agreement, term or condition. No waiver shall affect or alter this <br /> Agreement, and each and every covenant, agreement, term and condition of this <br /> Agreement shall continue in full force and effect with respect to any other then existing <br /> or subsequent breach thereof. All the terms,provisions,and conditions of this Agreement <br /> shall inure to the benefit of and be enforceable by Seller's or Buyer's permitted successors <br /> and assigns. <br /> [signature pages follow] <br /> 16 <br />
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