HomeMy WebLinkAbout2006-02-22 VSSA & Anchobaypro Memorandum of UnderstandingI C. :kJ Le- 1 ..J U aI. J, loci
AN HOBAYPRO, INC, AND OR ITS ASSIGNS HEREBY AGREES TO PURCHASE
CERTAIN PROPERTY FROM VALLEY SENIOR SERVICES ALLIANCE (VSSA) IN
OAK PARK HEIGHTS, MINNESOTA.
SAID PROPERTY SHALL BE ALL LANDS NORTH OF 58TH STREET AND EAST
THE PROPOSED NOVAK AVENUE, EXCLIMING THE TWO HOMES VSSA
OWNS ON OAKGREEN AVER.
THE PURCHASE PRICE SHALL BE $1,197,840.
UPON EXECUTION OF THIS AGREEMENT BUYER SHALL COMMENCE FINAL
APPROVAL OF SAID DEVELOPMENT, THIS MEMORANDUM ALSO PROVIDES
CONSENT TO THE APPLICATION PROCESS FOR SAID DEVELOPMENT.
BUYER AND SELLER SHALL ALSO ENTER INTO A FORMAL PURCHASE
AGREEMENT PORTH'TTH.
DATED THIS DAY OF FE3 RU ARY, 2006.
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MEMORANDUM OF UNTOERSTANING
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