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CONTENTS <br /> 1. THE SITE 3 <br /> 1.1 City Property 3 <br /> 1.2 Port Property 3 <br /> 1.3 Drywall Parcel and 36th Street Easements 4 <br /> 1.4 Site 4 <br /> 2. DISPOSITION OF THE CITY PROPERTY 4 <br /> 2.1 Purchase and Sale 4 <br /> 2.1.1 Generally 4 <br /> 2.1.2 Access 5 <br /> 2.2 Purchase Price 5 <br /> 3. TITLE AND SURVEY 5 <br /> 3.1 Title and Survey 5 <br /> 3.2 Title Policy 5 <br /> 3.3 Title Objection Notices 5 <br /> 3.4 Permitted Exceptions 6 <br /> 3.5 Animal Shelter 7 <br /> 3.6 Public Works Yard 7 <br /> 3.7 City Work Temporary Construction Easement 8 <br /> 3.8 41st Street Overpass Easement 8 <br /> 3.9 Existing Utility Easements 8 <br /> 3.10 Pedestrian Easements 8 <br /> 4. TERMS OF SALE 9 <br /> 5. PRE-CLOSING COVENANTS OF OM AND THE CITY 11 <br /> 5.1 Payments 11 <br /> 5.2 No Change in Physical Condition 11 <br /> 5.3 Floodplain Clarification 11 <br /> 5.4 Development Expenditures 11 <br /> 5.5 Consent Decree Assurances 12 <br /> 5.6 Sell or Encumber Property 12 <br /> 5.7 Governmental Orders; Compliance With Laws and Agreements 12 <br /> 6. CONDITIONS TO CLOSING 12 <br /> 6.1 Conditions to OM's Obligation 12 <br /> 6.1.1 Representations and Warranties 13 <br /> 6.1.2 Title Policy 13 <br /> 6.1.3 Floodplain/Floodway 13 <br /> 6.1.4 Consent Decree Assurance 13 <br /> 6.1.5 Performance by City 13 <br /> 6.1.6 No Development Moratorium 13 <br /> 6.1.7 No BNSF Right to Recovery 13 <br /> 6.2 Conditions to the City's Obligation 13 <br /> 6.2.1 Title Encumbrances 14 <br /> 6.2.2 Representations and Warranties 14 <br /> -1- <br /> 06107-0063/LEGAL 13023969.I <br />