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HomeMy WebLinkAboutSETTLEMENT STATEMENT (GEORGIA POWER COMPANYSETTLEMENT STATEMENT SELLER: GEORGIA POWER COMPANY PURCHASER: CITY OF AUGUSTA, GEORGIA PROPERTY: 1,970 square feet, acres, more or less, in the 88 G.M.D., City of Augusta, Richmond County, Georgia EASEMENT: DATE: March /4, 2012 TOTALS PURCHASE PRICE: Purchase Price Temporary construction easement over and across 1,322 square feet, acres, more or less, in the 88 G.M.D., City of Augusta, Richmond County, Georgia Gross Amount Due Seller 1,500.00 Credit to Purchaser Credit to Seller $1,500.00 $1,500.00 $1,500.00 1. Seller shall be responsible for paying to the applicable authority prior to delinquency the ad valorem taxes for the Property for 2012. Purchaser shall be responsible for paying the ad valorem taxes for the Property for years subsequent to 2012. Purchaser shall be responsible for paying any Georgia Real Estate Transfer Tax in connection with the conveyance of the Property and Easement, and shall pay all recording fees. 2. Seller agrees to indemnify and hold Purchaser, its successors and assigns, harmless from and against any and all claims of real estate agency or brokerage fees in connection with this transaction, which are made by any broker or agent claiming by, through or under Seller. Purchaser agrees to indemnify and hold Seller, its heirs, successors and assigns, harmless from and against any and all claims of real estate agency or brokerage fees in connection with this transaction, which are made by any broker or agent claiming by, through or under Purchaser. 3. Purchaser and Seller have this date checked, reviewed and approved the figures appearing on this Settlement Statement, and each acknowledge receipt of a copy of same. This Settlement Statement may be executed in multiple counterparts, each of which shall constitute an original, but all of which taken together shall GPC AUGUSTA MARVIN GRIFFIN SETTLEMENT STATEMENT V2 2012 03 13.doc constitute one and the same agreement. The executed signature pages of any counterpart hereof may be appended or attached to any other counterpart hereof, and, provided that all parties hereto shall have executed a counterpart hereof, this Settlement Statement shall be valid and binding upon the parties notwithstanding the fact that the execution of all parties may not be reflected upon any one single counterpart. The undersigned parties hereby affirm that this Settlement Statement is a complete, true and correct account of the terms of the sale and purchase consummated on this date. IN WITNESS WHEREOF, the parties hereto have executed this Settlement Statement as of the date first set forth above. SELLER: GEORGIA POWER COMPANY r/0, By : Title: Vice President -Land PURCHASER: CITY OF AUGUSTA, GEORGIA 1 0" By: 0 Title: e -c-w� GPC AUGUSTA MARVIN GRIFFIN SETTLEMENT STATEMENT V2 2012 03 13.doc -2-