Re: Letter of Intent – Sale of John Day Lot 1900, Map No. 13S31E22C Dear Mrs. Adair:Oregon • December 12th, 2021
Jurisdiction FiledDecember 12th, 2021City of John Day (“Seller”) is the owner of the Property (as defined below). This letter is written to summarize the general terms and conditions under which Seller is interested in selling the Property to (“Buyer”) (the “Transaction”). The terms and conditions contained in this letter are based upon the parties’ current intentions and information known to the parties as of the date of this letter. Except for the provisions contained in Part Two of this letter, this letter is nonbinding and does not grant or impose any legal rights and/or obligations on Seller or Buyer.