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i. <br /> Page 2 <br /> -Offer Letter <br /> David and Margaret DeMoss <br /> Cit of Eu ene <br /> Y 9 <br /> Close of escrow to be an or before August 7; 2008 or as soon thereafter as documents can be <br /> preps.red and. funding provided to escrow.. The City will. pay all escrow -costs and recording <br /> fees. Taxes shall be prorated between the Seller and Buyer. Pro rate date to be August 7. <br /> Escrow shall be closed with Sarah Vail at Cascade Escrow, 811. Willamette Street, Eugene, OR <br /> 97401. <br /> This offer is contingent upon final acceptance of this offer by the Eugene City,Manager. <br /> The City has 7 business days from date of your acceptance of this offer to eotnplete .a C_evel 1 <br /> hazard assessment. at its own expense.., Should findings be positive, the City may elect to <br /> renegotiate the purchase to mutually acceptable tet`ms, or terminate the sale, if said findings are <br /> not remedied. <br /> the Seller wishes to rentback the subject property after close of escrow, the rental price shall <br /> be $1,000 a month, The first months rent will be pro-rated in escrow to September 1.The rental. <br /> .agreement shall be executed priorto close of escrow and will be on a month to month basis. <br /> Seller agrees to continue to maintain the property in its present condition throughout the rental <br /> period., . <br /> If :you are ready to .proceed please sign the Acceptance of Offer on page 3'of this letter and <br /> return it to me at -858 Pearl Street, Eugene, O.R 9701. Please do not hesitate to contact me at <br /> 682-5264 or Vickie Barnts at 682-6839 should you desire ~dd.itional~ information or have further <br /> questions. <br /> <br /> _ Sinter . , <br /> _-.::._i <br /> Russ Royer <br /> Senior Real. Property Officer <br /> <br />