IMPROVEMENTS TO THE LAND. 5.1 The City and the Purchaser agree that the Purchase Price for the Property includes the following: a. Sanitary sewer and water services adjacent to the Property; b. Primary electrical power utilities adjacent to the Property; c. The construction of a road and storm drainage ditch. The Purchaser acknowledges that the decision of when to pave the road or when to complete construction of any of the curbs, gutters or sidewalks shall be at the City’s sole discretion; and d. Development of parks, trails, buffers, and landscaping as outlined in the Xxxxx Lake Development Scheme 2007 and any development permit issued in respect thereof. 5.2 The City and the Purchaser agree that the Purchase Price for the Property does not include the following: a. The cost of sewer or water connections, or secondary electric power supply or service connections from the location of service lines adjacent to the property to the proposed building site; b. The cost of sewer, water, back flow preventers for water service, or the electrical service, or any appurtenances thereto, from the Property line to any construction on site; and c. Any cost associated with stripping, grading, drainage or landscaping or site finishing from subgrade to final grade that the City may require the Purchaser to do or that the Purchaser may determine to be necessary to facilitate its development.
Appears in 4 contracts
Samples: Purchase Agreement, Purchase Agreement, Purchase Agreement
