Common Contracts

PURCHASE/LEASE/OPTION AGREEMENT

Purchase/Lease/Option Agreement • March 12th, 2021 • Arizona

• Contract Type
  Purchase/Lease/Option Agreement
• Filed
  March 12th, 2021
• Jurisdiction
  Arizona

This Purchase, Lease, and Option Agreement (this “Agreement”) is entered into as of August 4, 2016 (“Effective Date”) by, between and among Mission District Partners, an Arizona limited liability company (“MDP”), The Gadsden Company, LLC, an Arizona limited liability company (“Gadsden”) and Rio Nuevo Multipurpose Facilities District, a special taxing district of the State of Arizona (the “District”). Gadsden is the manager and owns 75% of MDP. References herein to Gadsden shall mean and include MDP and/or Gadsden, as the context and circumstances require. MDP, Gadsden and the District may collectively be referred to as the “Parties” or each, individually, as a “Party.”