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Packet 03212022
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4/1/2022 12:12:47 PM
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4/1/2022 12:12:12 PM
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Reso 2022-050 Nimitz Hotel Purchase Agreement
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\City Clerk\City Council\Resolutions\2022
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________________ <br />________________ <br />INITIALS INITIALS <br />©2017 AIR CRE.All Rights Reserved.Last Edited:3/8/2022 9:08 AM <br />PI-8.03,Revised 10-22-2020 Page 2 of 2 <br />Owner has not served any NoƟces of Default on any of the tenants of the Property which have not been resolved except (if there are no excepƟons write "NONE"): <br />. <br />10.Governmental Proceedings.Owner has no actual knowledge of any exisƟng or contemplated condemnaƟon,environmental,zoning,redevelopment agency <br />plan or other land use regulaƟon proceedings which could detrimentally affect the value,use and operaƟon of the Property,except (if there are no excepƟons write <br />"NONE"):. <br />11.Unrecorded Title MaƩers.Owner has no actual knowledge of any encumbrances,covenants,condiƟons,restricƟons,easements,licenses,liens,charges or <br />other maƩers which affect the Ɵtle of the Property that are not recorded in the official records of the county recorder where the Property is located,except (if there <br />are no excepƟons write "NONE"):. <br />12.Leases.Owner has no actual knowledge of any leases,subleases or other tenancy agreements affecƟng the Property,except (if there are no excepƟons write <br />"NONE"):. <br />13.OpƟons.Owner has no actual knowledge of any opƟons to purchase,rights of first refusal,rights of first offer or other similar agreements affecƟng the Property, <br />except (if there are no excepƟons write "NONE"):. <br />14.Short Sale/Foreclosure.The ability of the Owner to complete a sale of the Property is conƟngent is not conƟngent upon obtaining the consent of one <br />or more lenders to conduct a 'short sale',ie.a sale for less that the amount owing on the Property.(This paragraph only needs to be completed if this Property <br />InformaƟon Sheet is being completed in connecƟon with the proposed sale of the Property)One or more of any loans secured by the Property is is not in <br />foreclosure. <br />15.Energy Efficiency.The Property has has not been granted an energy efficiency raƟng or cerƟficaƟon such as one from the U.S.Green Building Council's <br />Leadership in Energy and Environmental Design (LEED)or Seller/Lessor does not know if the Property has been granted such a raƟng or cerƟficate.If such a <br />raƟng or cerƟficaƟon has been obtained please describe the raƟng or cerƟficaƟon and provide the name of the organizaƟon that granted it:. <br />16.Other.(It will be presumed that there are no addiƟonal items which warrant disclosure unless they are set forth herein):. <br />The statements herein will be relied upon by brokers,buyers,lessees,lenders and others.Therefore,Owner and/or the Owner's Property Manager has reviewed <br />and modified this printed statement as necessary to accurately and completely state all the known material facts concerning the Property.To the extent such <br />modificaƟons are not made,this statement may be relied upon as printed.This statement,however,shall not relieve a buyer or lessee of responsibility for <br />independent invesƟgaƟon of the Property.Owner agrees to promptly noƟfy,in wriƟng,all appropriate parƟes of any material changes which may occur in the <br />statements contained herein from the date this statement is signed unƟl Ɵtle to the Property is transferred,or the lease is executed.Signatures to this Statement <br />accomplished by means of electronic signature or similar technology shall be legal and binding. <br />Date: <br />(fill in date of execuƟon) <br />OWNER <br />Parshotam Inc.,(an S Corporation) <br />By: <br />Name Printed:Pratap P.Solanki <br />Title:President <br />Buyer/lessee hereby acknowledges receipt of a copy of this Property InformaƟon Sheet on .(Fill in date received) <br />BUYER/LESSEE <br />City of San Leandro Community Development <br />Department <br />By: <br />Name Printed:Tom Liao <br />Title:Community Development Director <br />AIR CRE *hƩps://www.aircre.com *213-687-8777 *contracts@aircre.com <br />NOTICE:No part of these works may be reproduced in any form without permission in wriƟng.
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