City Land for Sale- $3,000 with development agreement below.
A. The City is the owner of certain real estate located in the City of Macedonia, Iowa located at 106 Woodmancy St, Macedonia, Iowa, Parcel No. 7440 22 485 002 and legally described as Lot 7 in Block 19 of the Original Plat of the Town of Macedonia, Pottawattamie County, Iowa (the “Property”). B. City desires that the Property be developed for use for residential purposes through the construction of a residence on the Property and desires to sell the Property for such purposes. C. The Buyer has submitted an offer for the purchase of the Property which has been accepted by the City and as part of the conditions of the sale of the Property to the Buyer, the Buyer is required to enter into this agreement with the City. D. Contemporaneously with and as part of the closing of the sale of the Property to the Buyer and as part of the consideration provided by the Buyer for the sale of the Real Property by the City to the Buyer, the Buyer and the City are entering into this Agreement. The parties therefore hereby agree as follows:
|